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Loop Industries

Loop Industries Inc. is a technology and licensing company whose mission is to accelerate the world's shift toward sustainable plastic and away from dependence on fossil fuels. The company owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpet and polyester textile of any color, transparency or condition, and even ocean plastics that have been degraded by the sun and salt, to its base building blocks.

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Last month, Kevin O&#8217;Leary, popularly known as &#8220;Mr. Wonderful,&#8221; shared a powerful lesson he learned from a CEO that changed his approach to negotiations.
What Happened: In a video shared on social media, O&#8217;Leary recounted a moment when one of his female CEOs gave him some tough but valuable advice.
She told him, &#8220;Kevin, you talk too much. You should shut up and listen.&#8221;
She explained that most people talk two-thirds of the day because they are driven by their egos. Her advice was to &#8220;reverse the ratio: listen two-thirds, talk one-third.&#8221;
See Also: <a href="https://www.benzinga.com/news/25/06/45820907/jeff-bezos-let-customers-cancel-their-own-amazon-orders-and-it-paid-off-big-if-you-give-people-more">Jeff Bezos Let Customers Cancel Their Own Amazon Orders And It Paid Off Big: &#8216;If You Give People More Control…Maybe They&#8217;ll Order More&#8217;</a>
The reason behind this is that when you remain silent, the other person, feeling uncomfortable with the silence, will often spill more information than they intended, which can be advantageous during negotiations.
O&#8217;Leary shares an example of a recent negotiation with a high-level executive from a major watch company. During their meeting, O&#8217;Leary refrained from speaking, allowing the other person to speak first.
However, the executive was also following the same guideline.
I said &#8216;You know something, we&#8217;re both doing the same thing right now. We won&#8217;t talk at all unless one of us starts, cuz you, I do what you do, I figured out the secret sauce. So I&#8217;m not worried about it.'&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">One of my women CEOs said to me a few years ago, &quot;You know, Kevin, you talk too much. Most people talk two-thirds of the day, because everybody&#39;s got an ego and wants to get their idea out. She said, &quot;Reverse the ratio. Listen two-thirds, talk one-third. You&#39;ll get higher… <a href="https://t.co/LgMJeb4wqG">pic.twitter.com/LgMJeb4wqG</a>
&mdash; Kevin O&#39;Leary aka Mr. Wonderful (@kevinolearytv) <a href="https://twitter.com/kevinolearytv/status/1927789231121834063?ref_src=twsrc%5Etfw">May 28, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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According <a href="https://www.celebritynetworth.com/richest-businessmen/ceos/kevin-oleary-net-worth/">to</a> Celebrity Net Worth, O'Leary is estimated to have a net worth of $400 million, reflecting his successful ventures across finance, media and investing.
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&#8217;s Important: Previously, billionaire investor Mark Cuban, who was also O'Leary's fellow Shark on "Shark Tank," <a href="https://www.benzinga.com/news/24/11/42154924/mark-cubans-for-negotiation-success-silence-is-money">shared his top negotiation strategies</a>, highlighting the importance of patience and compromise.
Cuban underscored that successful dealmakers stay focused on their goals, avoid rushing or insisting on every point and are willing to make concessions to close a deal.&nbsp;
On Shark Tank, Cuban often uses silence as a tactic to better understand situations before making offers. &#8220;The more you pay attention and the more aware you are, the better opportunity you have to get what you want. Silence is money.&#8221;
Earlier, Grant Cardone, real estate investor and author of "The 10X Rule," also outlined his <a href="https://www.benzinga.com/personal-finance/25/04/44876137/grant-cardone-explains-the-art-of-negotiating-it-takes-4-things-to-make-a-deal">four key principles for successful deal-making</a>.
Cardone spoke about the importance of having decision-makers at the table, a mutual willingness and desire to reach an agreement, a sense of urgency to drive action and leverage, such as capital, influence or audience reach.
Using Donald Trump's tariff strategy as context, he noted that leverage alone isn't sufficient; all four elements must align for a deal to succeed. &#8220;Trump knows America only has one of the four points: leverage. Until decision makers have willingness, desire and urgency to get a deal, there will not be a deal,&#8221; he stated then.
Photo Courtesy: Kathy Hutchins on Shutterstock.com
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/25/05/45433850/mr-wonderful-kevin-oleary-says-youre-literally-giving-away-money-to-billers-by-not-doing-this-one-simple-thing-and-hes-been-doing-it-for-decades">Mr Wonderful Kevin O&#8217;Leary Says You&#8217;re Literally Giving Away Money To Billers By Not Doing This One Simple Thing — And He&#8217;s Been Doing It For Decades</a></li>
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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.

News

Tech

Mr Wonderful, Kevin O'Leary, Says He Was Once Told By A CEO To 'Shut Up' And That Leveled Up His Negotiation Skills — Fellow 'Shark' Mark Cuban Also Flexes This Superpower

Quantum computing startup PsiQuantum is seeking to raise at least $750 million in a funding round led by <a href="https://www.benzinga.com/personal-finance/25/04/44762412/the-economy-is-weakening-as-we-speak-blackrock-ceo-larry-fink-says-its-more-of-a-buying-opportunity-but-market-could-drop-another-20">BlackRock</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>), aiming to double its valuation to $6 billion,<a href="https://www.bizjournals.com/sanfrancisco/news/2025/06/03/psiquantum-palo-alto-funding-valuation-boost.html"> San Francisco Business Times</a> reports.
The Palo Alto-based company is developing a fault-tolerant quantum computer using photonic qubits, leveraging traditional semiconductor manufacturing techniques. According to PsiQuantum&#8217;s<a href="https://www.psiquantum.com/about"> website</a>, the company&#8217;s approach involves using photons as qubits, allowing for scalability through existing chip fabrication processes.
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<h2 class="wp-block-heading">PsiQuantum Secured Global Expansion and Government Partnerships</h2>
<a href="https://www.benzinga.com/25/05/45486464/nvidias-quantum-pivot-chip-giant-reportedly-mulls-major-stake-in-psiquantum-amid-rising-global-interest">PsiQuantum</a> is collaborating with the governments of Australia and the U.S. to build quantum computing facilities in Brisbane and Chicago, respectively,<a href="https://www.reuters.com/technology/quantum-computing-startup-psiquantum-raising-least-750-million-6-billion-2025-03-24/"> Reuters</a> reports. According to the<a href="https://www.afr.com/technology/labor-s-bold-1b-bet-on-aussie-quantum-start-up-20240429-p5fnb7"> Australian Financial Review</a>, the company has secured $617 million in funding in Australia from federal and Queensland governments to construct a commercial quantum computer.
In the U.S., PsiQuantum plans to build a 300,000-square-foot facility in Chicago&#8217;s Illinois Quantum and Microelectronics Park, supported by more than $500 million in anticipated public funding,<a href="https://thequantuminsider.com/2025/03/25/sources-psiquantum-raising-750-million-to-push-photonic-quantum-computers-toward-commercial-reality/"> The Quantum Insider</a> says. The initiatives underscore PsiQuantum&#8217;s commitment to advancing quantum computing infrastructure globally.
<h2 class="wp-block-heading">Engineering the Future of Computing</h2>
PsiQuantum manufactures its quantum chips at GlobalFoundries&#8217; facility in New York, utilizing photonic technology developed for fiber-optic communications, Reuters reports.
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According to The Quantum Insider, the company has introduced the Omega quantum photonic chipset, designed for utility-scale quantum computing, featuring high-performance photonic components. Additionally, PsiQuantum has developed high-speed optical switches and improved photon detectors to enhance quantum circuit performance.
To boost efficiency, PsiQuantum implemented a compilation technique known as active volume compilation, aiming to reduce application run times by approximately 50-fold, The Quantum Insider says.
<h2 class="wp-block-heading">Backed By Giants Like BlackRock, Microsoft, And Nvidia&#8217;s Quantum Reversal</h2>
BlackRock, which led PsiQuantum's previous $450 million round, is returning as lead investor, signaling sustained institutional confidence. According to San Francisco Business Times, other major backers include Microsoft's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) venture arm M12, Atomico, Founders Fund, Playground Global, Temasek Holdings, and FPV Ventures.
According to<a href="https://www.theinformation.com/articles/nvidia-talks-invest-quantum-startup-psiquantum"> The Information</a>, Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) is in advanced discussions to invest in PsiQuantum, signaling a strategic shift in its quantum computing approach. This potential investment follows Nvidia CEO Jensen Huang&#8216;s announcement of a new quantum computing research lab in Boston, in collaboration with Harvard and MIT,<a href="https://www.reuters.com/business/nvidia-advanced-talks-invest-psiquantum-information-reports-2025-05-19/"> Reuters</a> reports.
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In January, Huang rocked the sector by suggesting quantum computers were at least 20 years from viability, sending quantum-related stocks tumbling. But just weeks later, during Nvidia's &#8220;Quantum Day&#8221; at its GTC conference in San Jose, California, Huang reversed course, admitting his earlier comments were off the mark, according to<a href="https://www.cnbc.com/2025/03/20/nvidia-ceo-huang-says-was-wrong-about-timeline-for-quantum-computing.html"> CNBC</a>.
That shift helped reignite interest in companies like PsiQuantum, which now stand to benefit from the renewed optimism and visibility. While competitors such as Google, IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>), Intel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), Honeywell (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>), and Rigetti Computing (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>) continue to push their own quantum architectures, PsiQuantum's photonic approach is seen by many as a promising alternative, San Francisco Business Times says.
PsiQuantum&#8217;s funding round reflects growing investor confidence in the company&#8217;s photonic quantum computing technology. The company&#8217;s innovative approach may position it as a key player in the race to develop practical quantum computing solutions.
Read Next: <a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.
Image: Shutterstock

INTC

MSFT

NVDA

RGTI

PsiQuantum Eyes $750M Raise As BlackRock Doubles Down On Light-Based Supercomputers Amid Nvidia's Quantum Reversal

In a recent development, the U.S. military has temporarily deployed approximately 700 Marines to Los Angeles. The move comes in response to the ongoing protests against President Donald Trump&#8217;s immigration policies, as reported by Reuters on Tuesday.
What Happened: The city of Los Angeles is witnessing its fourth consecutive day of protests, with hundreds of demonstrators gathering outside a federal detention center. The U.S. military plans to send a battalion to protect federal property and personnel until more National Guard troops can arrive.
The Trump administration, despite the escalating tensions, has not invoked&nbsp;the Insurrection Act, which would&nbsp;allow troops to directly participate&nbsp;in civilian law enforcement, according&nbsp;to an anonymous U.S. official. California has filed a lawsuit against the Trump administration, claiming that the&nbsp;deployment of the National Guard&nbsp;and the Marines&nbsp;violates federal law and state&nbsp;sovereignty.
President Trump has announced plans to deploy an additional&nbsp;2,000 National Guard troops to&nbsp;Los Angeles, following his initial deployment of 2,000 troops. The decision to activate the National Guard comes in response to street protests that erupted after&nbsp;immigration raids in Southern California.
Los Angeles Police Chief Jim McDonnell has expressed concerns over the deployment, citing significant logistical and operational challenges. The protests have resulted in some property damage and minor injuries to five police officers. Critics, including Democrats and California Governor Gavin Newsom, have called the decision to deploy military force an abuse of presidential power.
Meanwhile, Trump said he supported the idea of his acting director of the U.S. Immigration and Customs Enforcement, Tom Homan, arresting Newsom. He told reporters, &#8220;I would do it if I were Tom. I think it&#8217;s great,&#8221; according to the report.
See Also: <a href="https://benzinga.com/25/05/45578777/trump-administration-revokes-harvards-ability-to-enroll-international-students-kristi-noem-alleges-coordination-with-chinese-communist-party" target="_blank" rel="noreferrer noopener">Trump Administration Revokes Harvard&#8217;s Ability To Enroll International Students, Kristi Noem Alleges Coordination With Chinese Communist Party</a>
Why It Matters: Newsom has been vocal in his criticism of the Trump administration&#8217;s deployment of troops. He called the deployment of National Guard troops in Los Angeles a &#8220;<a href="https://www.benzinga.com/news/politics/25/06/45830221/gavin-newsom-calls-deployment-of-national-guard-in-los-angeles-unlawful-says-there-was-no-problem-until-trump-got-involved-serious-breach-of-state-sovereignty">serious breach of state sovereignty</a>&#8220;.
Newsom has also announced that the state will <a href="https://www.benzinga.com/news/politics/25/06/45831188/gavin-newsom-to-sue-trump-administration-over-national-guard-deployment-dares-border-czar-homan-to-arrest-him">file a lawsuit</a> against the Trump administration over the deployment of the National Guard to quell protests in Los Angeles. The lawsuit aims to challenge the federalization of the California National Guard by the Trump administration without the state's consent, a move that Newsom deems unprecedented in U.S. history. Newsom had also dared Homan to arrest him.
Photo Courtesy: Joey Sussman 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 Supports Arrest Of California Governor Gavin Newsom As US Deploys 700 Marines To Los Angeles

Land-based surf clubs are having their moment. First came news of Matthew McConaughey investing in one in<a href="https://www.benzinga.com/markets/25/05/45525261/matthew-mcconaughey-and-drew-brees-among-early-buyers-willing-to-spend-1-25-million-for-membership-t"> Austin, Texas</a>. Now it emerges that Michael Schwab, the son of billionaire investment broker <a href="https://www.benzinga.com/insights/options/25/05/45500422/decoding-charles-schwabs-options-activity-whats-the-big-picture#google_vignette">Charles Schwab</a>, is planning something similar in Los Cabos, Mexico,<a href="https://www.realtor.com/news/trends/charles-schwab-son-surf-community/"> Realtor.com</a> reports.
<h2 class="wp-block-heading">800-foot Endless Surf Wave</h2>
Michael Schwab, who owns a private real estate investment firm, Meriweather Cos., is a partner in<a href="https://www.caborealsurfclub.com/"> Cabo Real Surf Club</a>. The club, scheduled to open next year, intends to appeal to serious surfers by having a four-acre, 800-foot Endless Surf wave basin, a first in North America.
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</ul>
&#8220;There are a handful of wave basins in the world,&#8221; Schwab told Realtor.com. The setup will produce seven-foot waves for 25 seconds, offering 400 customizable waves per hour. The surf club will be exclusively available to residents of luxury homes in a 3,000-acre master-planned community. It will cater to levels of surfers from beginners to pros, the latter keen to test their skills on the wave machine&#8217;s advanced &#8220;crushing barrel.&#8221;
<h2 class="wp-block-heading">Guaranteed Waves</h2>
The advantage of surf clubs is guaranteed waves, which is why talented pro surfers like 17-year-old phenom<a href="https://www.worldsurfleague.com/athletes/14413/erin-brooks"> Erin Brooks</a> have bought a home in the development. &#8220;She wants a place to live in a warm climate, where she can surf every day no matter what,&#8221; Schwab told Realtor.com.
&#8220;The private, world-class wave pool is a game changer,&#8221; Brooks told the site, &#8220;and the fitness center, beach club, tennis courts, and golf course provide everything I need to stay in peak shape, elevate my surfing, and make the most of every day,&#8221; she said.
Trending: Wall Street's Missing This AI Surgical Tech — You Don't Have To.<a href="https://www.benzinga.com/money/this-ai-imaging-technology-has-been-used-in-more-than-500-surgeries-now-you-can-be-part-of-the-ai-imaging-revolution"> Invest from $350.</a>
<h2 class="wp-block-heading">&#8216;The Market Is Aspirational Surfers&#8217;</h2>
The wave basin replicates ocean wave surfing or bodyboarding in a controlled environment by using 250-horsepower motors that create waves by pushing into still water. It doesn&#8217;t come cheaply, however. According to Realtor.com, a wave basin costs $35 million to build. As such, the development will aim to appeal to the widest demographic of buyers possible, including average families, rather than exclusively targeting surfing experts.
&#8220;The market is not the pro surfers,&#8221; Schwab said. &#8220;The market is the aspirational surfers. When you get that family there, their minds are blown. And their surfing life has begun. Some waves will start in the center, some from the side. We&#8217;ll have full waves. Some will be point breaks,&#8221; Schwab says
According to Realtor.com, the development has sold 20% of its units — about $60 million worth of real estate. Surf homes near the basin cost between $2.5 million and $6 million. Schawab&#8217;s famous father, Charles, gave him the initial idea of investing in surf communities in 2012 after advising him to invest in something he was passionate about. <a href="https://wavepoolmag.com/how-michael-schwab-means-more-pools/">Michael Schwab</a> invested in legendary pro surfer Kelly Slater&#8217;s Wave Company. Slater is behind <a href="https://www.benzinga.com/markets/25/05/45525261/matthew-mcconaughey-and-drew-brees-among-early-buyers-willing-to-spend-1-25-million-for-membership-t">Austin Surf Club</a>, which broke ground in January.
See Also: <a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.
<h2 class="wp-block-heading">The Controversy Behind Surf Clubs</h2>
Slater&#8217;s land-based surf clubs have not been without controversy. His<a href="https://beachgrit.com/2024/10/controversial-kelly-slater-abu-dhabi-surf-pool-opens-to-public-at-doorbuster-prices/"> Abu Dhabi Surf Ranch</a>, the second stop on surfing's 2025 Championship Tour, has been criticized because of United Arab Emirates' laws banning homosexuality. His wave pools have also come under fire for being detrimental to the environment, consuming vast amounts of power, and destroying natural habitats, according to <a href="https://beachgrit.com/2020/08/bombshell-kelly-slaters-green-bonafides-shattered-as-surfings-largest-environmental-organization-decries-wave-pools-as-excessive-consumption-unnecessary-and-irresponsible-in-scathing-missi/">Beach Grit</a>.&nbsp;
Additionally, the vast expense of Slater&#8217;s surf clubs flies in the face of the traditionally low-income proponents of coastal surf communities around the world and are often built in areas where the disparity between local incomes and those of surf club members is immense. The <a href="https://www.thermalbeachclub.com/">Thermal Beach Club </a>in California&#8217;s Coachella Valley, a predominantly low-income Latino community, has sparked a firestorm of controversy amid scarce clean water resources.
&#8220;Yes, development does need to happen. But it also needs to be equitable. For folks who live in the eastern part of the valley, there&#8217;s just a lot less resources, a lot less investment — a lot less of everything,&#8221; Lesly Figueroa, a policy advocate with Leadership Council for Justice and Accountability, told the<a href="https://enewspaper.latimes.com/infinity/article_share.aspx?guid=a7c4cba0-8793-4382-876c-0b94053472e3"> Los Angeles Times</a>. &#8220;Traditionally, how the planning process has worked [is that] it doesn&#8217;t include the community,&#8221; she said. &#8220;It&#8217;s a developer-to-agency relationship.&#8221;
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Image: Shutterstock

The Son Of Brokerage Billionaire Charles Schwab Is Opening A Surf Club In Los Cabos, Mexico, With New Tech Guaranteeing 400 Waves Per Hour

CLRO

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

BBLG

BBLGW

Sprouts Farmers Market (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFM#NASDAQ">SFM</a>) has outperformed the market over the past 10 years by 8.31% on an annualized basis producing an average annual return of 19.36%. Currently, Sprouts Farmers Market has a market capitalization of $16.24 billion. 
Buying $1000 In SFM: If an investor had bought $1000 of SFM stock 10 years ago, it would be worth $5,907.68 today based on a price of $165.97 for SFM at the time of writing.
<h3>Sprouts Farmers Market's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749512712_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

$1000 Invested In This Stock 10 Years Ago Would Be Worth This Much Today

Carpenter Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) has outperformed the market over the past 20 years by 3.15% on an annualized basis producing an average annual return of 11.46%. Currently, Carpenter Tech has a market capitalization of $12.60 billion. 
Buying $100 In CRS: If an investor had bought $100 of CRS stock 20 years ago, it would be worth $902.73 today based on a price of $253.08 for CRS at the time of writing.
<h3>Carpenter Tech's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749511812_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Carpenter Tech Stock In The Last 20 Years

Equinix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EQIX#NASDAQ">EQIX</a>) has outperformed the market over the past 15 years by 5.26% on an annualized basis producing an average annual return of 17.1%. Currently, Equinix has a market capitalization of $88.33 billion. 
Buying $1000 In EQIX: If an investor had bought $1000 of EQIX stock 15 years ago, it would be worth $11,007.76 today based on a price of $907.48 for EQIX at the time of writing.
<h3>Equinix's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749510930_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

EQIX

$1000 Invested In This Stock 15 Years Ago Would Be Worth This Much Today

Apple, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) shares ended Monday's session lower, suggesting investors were not impressed with the updates and new features revealed at WWDC 2025. Here's a look at what experts are saying<a href="https://www.benzinga.com/markets/tech/25/06/45844424/apple-wwdc-2025-ios-26-announced-with-liquid-glass-design-new-apple-intelligence-features-and-more"> about the event. </a>
What To Know: Many experts and financial analysts have characterized Apple's AI moves as "too little, too late," especially in comparison to the rapid advancements by competitors. The updates announced on Monday were seen as incremental rather than transformative.&nbsp;
Read Next: <a href="https://www.benzinga.com/news/space/25/06/45840240/trump-musk-feud-fuels-spacex-rivals-space-stock-countdown?utm_source=article">Trump, Musk Feud Fuels SpaceX Rivals: Space Stock Countdown</a>
Bloomberg Managing Editor and Tech Reporter Mark Gurman said that he was startled by Apple's lack of new AI features in a social media<a href="https://x.com/markgurman/status/1932145561919991843"> post</a>.
"Cohesive story, deep integration and continuity across the devices, zero false promises, impressive new UI and significant new productivity features on the Mac and iPad. But the lack of any real new AI features, despite that being my expectation, is startling," Gurman wrote.&nbsp;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Excellent WWDC: Cohesive story, deep integration and continuity across the devices, zero false promises, impressive new UI and significant new productivity features on the Mac and iPad. But the lack of any real new AI features, despite that being my expectation, is startling.
&mdash; Mark Gurman (@markgurman) <a href="https://twitter.com/markgurman/status/1932145561919991843?ref_src=twsrc%5Etfw">June 9, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Apple seemed to purposefully avoid any updates on additional AI integrations for Siri at WWDC 2025.&nbsp;
"As we've shared, we're continuing our work to deliver the features that make Siri even more personal," Apple's Senior Vice President of Software Engineering Craig Federighi said Monday.&nbsp;
"This work needed more time to reach our high-quality bar, and we look forward to sharing more about it in the coming year."
"The silence surrounding Siri was deafening," Dipanjan Chatterjee, Forrester analyst, told <a href="https://www.cnn.com/2025/06/09/tech/apple-wwdc-iphone-ai-what-to-expect">CNN.</a>&nbsp;
"Apple continues to tweak its Apple Intelligence features, but no amount of text corrections or cute emojis can fill the yawning void of an intuitive, interactive AI experience that we know Siri will be capable of when ready," Chatterjee said. "We just don't know when that will happen."
On the other hand, Techradar<a href="https://www.techradar.com/computing/artificial-intelligence/apple-intelligence-was-firmly-in-the-background-at-wwdc-2025-as-ipad-finally-had-its-chance-to-shine"> highlighted </a>Apple making its Foundation AI Models Framework available to developers for the first time as a major development.&nbsp;
"The possibilities here are endless, and frankly, I think developers will do a better job than Apple has of coming up with creative ways to use AI," Techradar wrote.&nbsp;
"At a time when investors must be starting to wobble as Apple seems to have dropped the ball on AI, by opening up its AI to developers, Apple might have just secured its future, Techradar said.&nbsp;
AAPL Price Action: Apple shares ended Monday's session 1.21% lower at $201.45, according to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>.&nbsp;
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Apple's Lack Of New AI Features At WWDC Is 'Startling,' Expert Says

Steph Curry's house-of-brands conglomerate Thirty Ink generated $173.5 million in revenue in 2024, the company told <a href="https://www.cnbc.com/2025/06/04/steph-currys-thirty-ink-generated-174-million-in-2024-revenue.html">CNBC</a> on Wednesday.
Thirty Ink owns Unanimous Media, Gentleman's Cut bourbon, and Underrated Golf and Basketball. However, the highest percentage of the company's revenue comes from Curry's <a href="http://investor.underarmour.com/news-releases/news-release-details/under-armour-and-stephen-curry-enter-long-term-partnership">partnership with Under Armour </a>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAA#NYSE">UAA</a>, UA)). There, the NBA star is president of Curry Brand, a basketball and golf footwear and apparel line. As a part of the 2023 deal with the sportswear company, Curry was given 8.8 million common shares, which were valued at $75 million at the time.&nbsp;
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The company said that while it incurs annual expenses for using Curry's name, image, and likeness, it doesn't rack up traditional bottom-line operational costs, which allows for its exorbitant earnings.
Thirty Ink's secretary chair, Suresh Singh, told CNBC that every brand under the company's umbrella is profitable. "It's completely unique. One of the big things, I believe, is that there's a lot of athlete- and celebrity-driven partnerships and businesses that aren't necessarily focused on profit, aren't necessarily focused on mission. We do both," he said.&nbsp;
"Obviously, from a national perspective, a lot of the narrative is trying to peel back programs and opportunities that are programs and resources that are allowing people to have just a fair shot and a fair chance," Curry said in an interview with CNBC. "Everything that we do and what I can control is about true equity. If you look at all of our businesses — our DEI writers for Unanimous, or even looking at something like the Underrated brand — it's about creating true representation and opportunity from a grassroots level."
Trending: Wall Street's Missing This AI Surgical Tech — You Don't Have To.<a href="https://www.benzinga.com/money/this-ai-imaging-technology-has-been-used-in-more-than-500-surgeries-now-you-can-be-part-of-the-ai-imaging-revolution"> Invest from $350.</a>
"All that stuff is important to me. I want to actually walk the walk and live it. And hopefully that's an example for how our country should," he told CNBC.
Thirty Ink's <a href="https://www.thirtyink.com/">mission</a> is to "elevate the under" according to its website, a goal that manifests differently for every brand. Unanimous Media co-founder and co-CEO Eric Peyton told CNBC that it looks like hiring diverse writers to create projects about family, faith and sports. "[Curry's] vision is to inspire through media," he said. It's really a feeling when you watch our projects, hopefully you're a little bit happier, you know, maybe it makes you feel a little bit better."
Unanimous Media is currently four years into a first-look deal with Comcast's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) NBC Universal unit. Next year, it will release its first full-length feature film, "GOAT," with Sony Pictures Animation.&nbsp;
With Gentlemen's Cut and Underrated Golf and Basketball, that mission expresses itself as a commitment to DEI. Gentlemen's Cut was in talks with a buyer who wanted to feature Black-owned businesses, in 2024. The Trump administration's crackdown on DEI squashed the deal, but it would have valued the business between $120 million and $200 million, a source told CNBC. Underrated Golf, according to the company's website, is specifically designed to give Black children an opportunity to participate in a sport that hasn't historically catered to them.
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Steph Curry's Thirty Ink Generates $174 Million In 2024, 'It's About Creating True Representation And Opportunity From A Grassroots Level'

Amphenol (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APH#NYSE">APH</a>) has outperformed the market over the past 15 years by 9.09% on an annualized basis producing an average annual return of 20.93%. Currently, Amphenol has a market capitalization of $112.12 billion. 
Buying $100 In APH: If an investor had bought $100 of APH stock 15 years ago, it would be worth $1,811.20 today based on a price of $92.58 for APH at the time of writing.
<h3>Amphenol's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749510013_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Amphenol Stock In The Last 15 Years

Three of the most dynamic and forward-looking sectors in the investment landscape — electric vertical takeoff and landing (eVTOL) aviation, cryptocurrency and quantum computing — have recently captured the <a href="https://www.benzinga.com/markets/equities/25/06/45788736/peter-thiels-flying-car-dream-nears-reality-with-joby-aviation-but-joe-lonsdale-warns-faa-must-move-fast-as-china-could-overtake-us-amid-regulatory-delays">attention of traders. </a>
<h1 class="wp-block-heading">eVTOL Stocks</h1>
Stocks in the eVTOL space, such as Archer Aviation, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACHR#NYSE">ACHR</a>), Joby Aviation, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JOBY#NYSE">JOBY</a>) and Vertical Aerospace Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EVTL#NYSE">EVTL</a>) are soaring following a series of<a href="https://www.benzinga.com/trading-ideas/movers/25/06/45840638/archer-aviation-joby-shares-are-rising-monday-whats-driving-the-momentum"> executive orders signed</a> by President Donald Trump on Friday that aim to accelerate regulatory approval and bolster American leadership in advanced aviation and drone technology. 
Read Next: <a href="https://www.benzinga.com/news/space/25/06/45840240/trump-musk-feud-fuels-spacex-rivals-space-stock-countdown?utm_source=article">Trump, Musk Feud Fuels SpaceX Rivals: Space Stock Countdown</a>
<h1 class="wp-block-heading">Crypto-related Stocks </h1>
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is trading near all-time highs and crypto-related stocks are trending as well as heightened institutional interest and positive regulatory changes lift the sector. 
Bitcoin-miner stocks like MARA Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) and Riot Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>) are closely watched as proxies for Bitcoin exposure and are popular among retail investors. 
Stablecoin issuer Circle Internet Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRCL#NYSE">CRCL</a>) had a <a href="https://www.benzinga.com/markets/ipos/25/06/45819104/cathie-wood-calls-circles-ipo-an-amazing-debut">very successful </a>Wall Street debut last week and ended Monday's session at $115.25, up 270% since its IPO. 
Crypto platform Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) stock is up nearly 30% over the past month and was added to the S&amp;P 500 in May, giving the stock more visibility and attracting institutional investors. 
<h1 class="wp-block-heading">Quantum Computing Stocks</h1>
Quantum computing stocks like IONQ, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>), D-Wave Quantum, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QBTS#NYSE">QBTS</a>) and Quantum Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) are experiencing notable volatility and upward momentum, fueled by technological breakthroughs and growing optimism about the sector's long-term potential. 
In late May, D-Wave unveiled its sixth-generation commercial-grade Advantage2<a href="https://www.benzinga.com/trading-ideas/movers/25/05/45541780/d-wave-quantum-stock-extends-rally-as-momentum-builds-following-launch-of-new-quantum-system"> quantum computing system</a> designed for real-world applications in optimization, materials simulation and artificial intelligence. D-Wave Quantum shares are up more than 1,200% over the past year, leading the gains of pure-play quantum computing stocks.&nbsp;
Read Next:&nbsp;
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Image: Shutterstock

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Raymond James Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RJF#NYSE">RJF</a>) has outperformed the market over the past 10 years by 2.79% on an annualized basis producing an average annual return of 13.84%. Currently, Raymond James Finl has a market capitalization of $29.65 billion. 
Buying $1000 In RJF: If an investor had bought $1000 of RJF stock 10 years ago, it would be worth $3,670.33 today based on a price of $146.96 for RJF at the time of writing.
<h3>Raymond James Finl's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749508211_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Raymond James Finl Stock In The Last 10 Years

Two cannabis-based ETF leaders discussed why U.S. investors turn to ETFs for sector exposure and what federal regulation could mean for the industry during a panel at the 2025 <a href="https://www.benzinga.com/cannabis-conference">Benzinga Cannabis Capital Conference in Chicago.</a>
ETF Convenience: AdvisorShares Chief Operating Officer Dan Ahrens recognizes there is difficulty for U.S. investors to invest<a href="https://www.benzinga.com/cannabis"> in cannabis stocks</a> given many of them don't trade on the NYSE or Nasdaq.
"With ETFs, it's a convenient purchase, a basket of stocks," Ahrens said at the Benzinga event. "It becomes much more important when we're talking about cannabis in the U.S."
AdvisorShares is home to the AdvisorShares Pure US Cannabis ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSOS#NYSE">MSOS</a>). Ahrens said AdvisorShares has many ETFs, but its MSOS continues to make headlines as one of the top ways to get exposure to the cannabis space.
Seymour Asset Management Chief Investment Officer Tim Seymour said cannabis ETFs are helpful and ironic in ways, as investors have limited access to individual cannabis stocks. The cannabis market is also heavily volatile and doesn't have great liquidity, Seymour added.
Seymour is behind the Amplify Seymour Cannabis ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNBS#NYSE">CNBS</a>).
Read Also: <a href="https://www.benzinga.com/cannabis/25/06/45842696/exclusive-tobacco-sector-looks-to-cannabis-for-growth-investments-are-meant-for-a-very-specific-reason">EXCLUSIVE: Tobacco Sector Looks To Cannabis For Growth: &#8216;Investments Are Meant For A Very Specific Reason&#8217;</a>
Federal Reform: Ahrens said many investors have bought cannabis stocks and ETFs with the hope of federal reform, with the potential for items like legalization, states' rights and rescheduling.
Instead, over the last five years, investors are still sitting with none of these items, something he still thinks would have been highly unlikely years ago.
"These stocks have been brutal for the last five years," Ahrens said.
Ahrens said he doesn't think anyone should invest in the cannabis space if they don't expect federal reform.
The investor warns that people shouldn't put all their capital into the cannabis industry.
Ahrens does not time frame estimates on federal reform, noting that he's been kicked in the gut too many times before.
"But we're here for it."
Investing Beyond Federal Reform: Seymour takes a different approach to Ahrens in the belief that investors can find gems in the cannabis space even if there is no federal reform.
The investor said he is building a portfolio now that is about finding companies here today and will be here tomorrow, which includes analyzing balance sheets and looking at capital structure.
"Find companies that are operating and making it through," Seymour said.
Seymour said there are many companies that are survivors and have been run more efficiently over the past five years.
"There are companies that haven't mortgaged the balance sheet to stay in balance."
Seymour said that there are opportunities for when the moment comes for the sector, which could be due to federal reform.
"I don't think cannabis is uninvestable."
The investor said everyone can decide what percent to put into the cannabis sector depending on their own risk profile, comparing the market to being similar to emerging markets.
"This is the opportunity of growth people talk about."
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For the first time in history, Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) is launching a branded handheld gaming console, taking on Nintendo ADR&#8217;s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTDOY#OTC">NTDOY</a>) Switch 2, which <a href="https://www.benzinga.com/news/25/04/44984453/gamestop-stock-rises-amid-switch-2-preorders-whats-going-on">debuted on June 5.</a>
Here are the early details.
What Happened: Best known for several other business segments, Microsoft is also the owner of a video gaming division that includes the Xbox console and video game hits <a href="https://www.benzinga.com/news/legal/25/05/45590804/microsoft-clears-major-hurdle-as-ftc-ends-effort-to-block-activision-merger">from Activision Blizzard.</a>
The company recently <a href="https://news.xbox.com/en-us/2025/06/08/xbox-handheld-rog-ally-x-games-showcase/">unveiled </a>the ROG Xbox Ally handheld gaming console and the premium ROG Xbox Ally X.
The handhelds will offer cross-device gameplay "anytime, anywhere, on any device," according to the company.
Microsoft said the new handhelds will help usher in a new era for the gaming sector, where gamers can bring their games with them and, with the new console, play natively via the cloud or remotely with an Xbox console in another room.
"The ROG Xbox Ally puts player choice at the center of the experience."
Read Also: <a href="https://www.benzinga.com/25/04/45117886/microsoft-q3-earnings-highlights-revenue-beat-eps-beat-cloud-revenue-up-20">Microsoft Q3 Earnings Highlights: Revenue Beat, EPS Beat, CEO Says &#8216;Cloud And AI Are The Essential Inputs&#8217;</a>
Why It's Important: The announcement from Microsoft comes days after Nintendo released the Switch 2, its latest handheld gaming console.
Nintendo has dominated the handheld market for years with its Game Boy, Nintendo DS and Nintendo Switch consoles.
Sony Group Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>), which releases the PlayStation gaming console, briefly entered the handheld markets and had the Sony PS Vita, which sold over 15 million units.
One of the items that could quickly differentiate the Microsoft and Nintendo handhelds is the chips inside.
The ROG Xbox Ally X will include the AMD Ryzen AI Z2 Extreme processor, while the ROG Xbox Ally will include the AMD Ryzen Z2 processor, both from Advanced Micro Devices Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>). For comparison, the Nintendo Switch 2 has a chip from NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), a company considered a leader in AI chips and GPUs.
Another difference could be the partnership between Microsoft and Roblox Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>). The partnership sees Roblox making its game playable natively for the first time ever and optimized for handhelds.
The new Microsoft handheld will be available in time for the holidays in 2025, giving Nintendo a significant head start but competing during one of the busiest gaming console shopping times.
Microsoft did not announce pricing for its new consoles, saying it would provide information for preorders and pricing soon. The Nintendo Switch 2 has a retail price of $450.
Microsoft and Nintendo have different built-in fan bases and consoles from the two also have different exclusive games. The battle between the two companies could heat up in 2025 with Microsoft looks to take market share for physical consoles and handheld consoles.
MSFT Price Action: Microsoft stock closed Monday up 0.50% to $472.75, with shares hitting a new all-time high of $473.43 during the intraday session. Microsoft stock is up 13% year-to-date in 2025.
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