Lovesac (NASDAQ:LOVE) Azioni

LOVESAC CO/THE

Lovesac

The Lovesac Co designs, manufactures and sells alternative furniture which is comprised of modular couches called sactionals and premium foam beanbag chairs called sacs. It also offers other accessories such as sactional-specific drink holders, Footsac blankets, decorative pillows, fitted seat tables, and ottomans. Its products are sold across the United States through its website or company-owned retail stores which are used in homes and offices. The majority of the firm's revenue is derived from the sale of Sactionals.

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CarMax, Lovesac e altre 3 azioni: cosa aspettarsi oggi in Borsa

The Lovesac Co

LOVE GROUP GLOBAL LTD by LOVE GROUP GLOBAL LTD.

LOVE HEMP GROUP PLC by LOVE HEMP GROUP PLC

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Earnings Scheduled For May 6, 2025

The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index moved to the &#8220;Greed&#8221; zone on Monday.
U.S. stocks settled lower on Monday, with the S&amp;P 500 snapping a nine-session winning streak.
All three major averages recorded gains for the second week, with the S&amp;P 500 adding 2.9% and the Dow gaining 3% on the week. The Nasdaq, meanwhile, closed higher by 3.4% for the week.
Shares of Skechers U.S.A., Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKX#NYSE">SKX</a>) jumped over 24% on Monday after the company agreed to be acquired by 3G Capital for $63 per share. Tyson Foods, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>) shares fell around 8% after the company reported worse-than-expected second-quarter sales results.
On the economic data front, the ISM services PMI rose to 51.6 in April versus a nine-month low level of 50.8 in the previous month March and topping market estimates of 50.6.
Most sectors on the S&amp;P 500 closed on a negative note, with energy, consumer discretionary and information technology stocks recording biggest losses on Monday. However, consumer staples stocks bucked the overall market trend, closing the session slightly higher.
The Dow Jones closed lower by around 99 points to 41,218.83 on Monday. The S&amp;P 500 fell 0.64% to 5,650.38, while the Nasdaq Composite fell 0.74% at 17,844.24 during Monday's session.
Investors are awaiting earnings results from Marriott International, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>), Archer-Daniels-Midland Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADM#NYSE">ADM</a>) and Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) today.
At a current reading of 56.4, the index moved to the &#8220;Greed&#8221; zone on Monday, versus a prior reading of 54.4.
What is CNN Business Fear &amp; Greed Index?
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/05/45193793/top-3-tech-and-telecom-stocks-that-may-jump-this-quarter">Top 3 Tech And Telecom Stocks That May Jump This Quarter</a> </li>
</ul>
Photo via Shutterstock

S&P 500 Snaps Nine-Session Winning Streak; Investor Sentiment Improves, Fear & Greed Index Moves To 'Greed' Zone

In a move to bolster its international footprint,&nbsp;DoorDash Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NYSE">DASH</a>) is on the brink of acquiring UK-based food delivery firm&nbsp;Deliveroo&nbsp;in a deal valued at $3.9 billion.
What Happened:&nbsp;Deliveroo has given its nod to a takeover bid from DoorDash. The deal pegs Deliveroo&#8217;s worth at £2.9 billion ($3.9 billion), with DoorDash set to acquire all existing and future shares at 180 pence per share.
Post the announcement, Deliveroo&#8217;s shares skyrocketed to a three-year high. DoorDash confirmed that the financial terms of the acquisition are final and will only be reconsidered if a third party presents a competing offer.
Tony Xu, CEO and Co-founder of DoorDash, stated, &#8220;I could not be more excited by the prospect of what DoorDash and Deliveroo will be able to accomplish together. We&#8217;ll cover more than 40 countries with a combined population of more than 1 billion people.&#8221;
The acquisition marks the conclusion of Deliveroo&#8217;s rocky tenure as a public company, during which its shares plummeted 30% in 2021, making it one of the worst trading debuts in London Stock Exchange history.
For DoorDash, this acquisition signals a renewed effort to grow its global footprint, building on its 2022 purchase of Finnish food delivery app Wolt for 7 billion euros ($7.9 billion).
SEE ALSO:&nbsp;<a href="https://benzinga.com/25/05/45213722/bitcoin-sideways-but-gold-backed-cryptos-advance-after-yellow-metal-hits-a-two-week-high" target="_blank" rel="noreferrer noopener">Bitcoin Sideways, But Gold-Backed Cryptos Advance As Precious Yellow Metal Hits A Two-Week High &#8211; Benzinga</a>
Why It Matters: This acquisition comes on the heels of DoorDash&#8217;s recent partnership with&nbsp;<a href="https://www.benzinga.com/news/25/04/45078934/dominos-pizza-will-grow-with-stuffed-crust-doordash-partnership-say-analysts">Domino&#8217;s Pizza Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NASDAQ">DPZ</a>)</a>&nbsp;in April, which analysts predicted would fuel growth for the pizza chain. 
The Deliveroo acquisition further solidifies DoorDash&#8217;s position in the global food delivery market, providing it with a stronger foothold in the U.K. and enhancing its service capabilities across more than 40 countries.
DoorDash is scheduled to report its first-quarter 2025 earnings on Tuesday, May 6, before the market opens. Bank of America Securities analyst Michael McGovern <a href="https://www.benzinga.com/news/large-cap/25/05/45205666/doordashs-growth-picks-up-speed-despite-holiday-headwinds-analyst">maintained </a>a Buy rating on DoorDash, Inc., setting a price target of $235. He projects gross order value (GOV)/ EBITDA at $23 billion/ $582 million, slightly above the street consensus of $22.9 billion/ $586 million.
Benzinga's Edge Rankings&nbsp;highlight strong momentum and growth rankings for DoorDash in the 95th and 73rd percentiles, respectively. Curious how other stocks stack up?&nbsp;<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Click here</a>&nbsp;to uncover growth and momentum scores for top stocks.
Over the past month, DoorDash stock surged 23.5%. 
<ul>
<li>READ MORE:&nbsp;<a href="https://benzinga.com/news/events/25/04/44971154/trump-fails-to-impress-americas-young-shows-poll-as-they-still-favor-biden-only-15-think-us-on-right-track" target="_blank" rel="noreferrer noopener">Trump Fails To Impress America&#8217;s Young, Shows Poll As They Still Favor Biden — Only 15% Think US On Right Track &#8211; Benzinga</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Equities

DoorDash To Boost Global Presence With $3.9 Billion Acquisition Of UK's Deliveroo

As Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) is slated to report its first-quarter earnings on Wednesday, experts forecast robust metrics while predicting that it could potentially win the &#8220;robo taxi war&#8221;.
What Happened: The Chairman and Founder of Navellier &amp; Associates, Louis Navellier, forecasts Uber&#8217;s sales to go up 14.6%, and earnings to go up 295.6%.
&#8220;There have been positive analyst revisions and a very good earnings surprise history,&#8221; according to him.
However, he remains optimistic about Volkswagen and Uber&#8217;s partnership. &#8220;They are entering the robo taxi business, it&#8217;ll be the VW buzz, and they&#8217;re backed by Volkswagen. So, we are about to have robo taxi wars,&#8221; he said.
Volkswagen and Uber have partnered to introduce thousands of autonomous ID. Buzz electric vans to Uber&#8217;s fleet. Starting in Los Angeles, the companies aim to expand the deployment of these self-driving electric vehicles to several U.S. markets over the next decade.
According to Navellier, &#8220;the ID Buzz is a very practical vehicle, it can hold a lot, and you will be able to order it on your phone, and they&#8217;re going to start it in Los Angeles because they want the media attention in a big urban area. So, when you think of Uber, don&#8217;t be surprised if they win the robo taxi war.&#8221;
Meanwhile, the managing partner, at the Future Fund LLC, Gary Black outlined in an X post that if Uber were to slash the ride hailing costs by 50%, its &#8220;ride hailing bookings and EBITDA could grow 75% and UBER stock could increase 75% if ride hailing costs drop by 50%.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24UBER&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$UBER</a> +40% YTD as investors have concluded UBER benefits most as America transitions from ride hailing with drivers to ride hailing without drivers. In the U.S., UBER + Lyft ride hailing gross bookings were approx $100 billion in 2024. UBER has a chart on their website that… <a href="https://t.co/b1rbbEfdAL">pic.twitter.com/b1rbbEfdAL</a>
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1918426476220739615?ref_src=twsrc%5Etfw">May 2, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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See Also: <a href="https://www.benzinga.com/25/05/45213790/us-dollar-depreciation-is-cushioning-the-impact-of-tariffs-on-corporate-profits-says-expert-heres-how">US Dollar Depreciation Is Cushioning &#8216;The Impact Of Tariffs On Corporate Profits,&#8217; Says Expert</a>
Why It Matters: The shares of Uber have risen 35.24% on a year-to-date basis and up 19.47% over a year. Meanwhile, the S&amp;P 500 index was down 3.72% during the same period.
Uber&#8217;s shares closed 1.36% higher at $85.43 per share on Tuesday. Its technical charts show that the stock price was above its short and long-term simple daily moving averages.
Its relative strength index at 70.93 indicates that the stock was overbought. Its MACD line of 2.80 signaled a bullish trend as the 12-day exponential moving average was above the 26-day moving average with a positive histogram value.
<figure class="wp-block-image size-large"><a href="https://pro.benzinga.com/dashboard"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06025709/Uber-tech-chart-1024x576.png" alt="" class="wp-image-902593" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06025709/Uber-tech-chart-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06025709/Uber-tech-chart-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06025709/Uber-tech-chart-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06025709/Uber-tech-chart-1536x864.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06025709/Uber-tech-chart.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Benzinga Edge Stock Rankings shows that Uber had a strong price trend over the short, medium, and long term. Its momentum ranking was solid at 83.72th percentile, whereas its value ranking was moderate; the details of other metrics are <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">available here</a>. 
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/report/UBER"><img loading="lazy" decoding="async" width="1024" height="144" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06025741/Uber-edge-1024x144.png" alt="" class="wp-image-902594" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06025741/Uber-edge-1024x144.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06025741/Uber-edge-300x42.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06025741/Uber-edge-768x108.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06025741/Uber-edge.png 1221w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, 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.
On Tuesday, the futures of the Dow Jones, S&amp;P 500, and Nasdaq 100 were trading lower.
Read Next:
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<li><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></li>
</ul>
Photo courtesy: DenPhotos / Shutterstock.com

Tech

UBER

Uber Could Win The 'Robo Taxi War,' Says Expert: Analyst Predicts 75% Gains On Ride Hailing Cost Drop

Vestas Wind Systems (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VWDRY#OTC">VWDRY</a>) reported quarterly earnings of $0.21 per share. The company reported quarterly sales of $3.65 billion which beat the analyst consensus estimate of $3.40 billion by 7.26 percent. This is a 25.24 percent increase over sales of $2.91 billion the same period last year.

Earnings Beats

VWDRY

Vestas Wind Systems Q1 EPS $0.21, Sales $3.65B Beat $3.40B Estimate

Telenor (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TELNY#OTC">TELNY</a>) reported quarterly earnings of $0.18 per share. This is a 77.5 percent decrease over earnings of $0.80 per share from the same period last year. The company reported $1.78 billion in sales this quarter. This is a 3.89 percent decrease over sales of $1.85 billion the same period last year.

TELNY

Telenor Q1 Adj. EPS $0.18 Down From $0.80 YoY, Sales $1.78B Down From $1.85B YoY

President Donald Trump&#8216;s decision to levy a 100% tariff on foreign films resulted from a proposal by&nbsp;actor Jon Voight and his&nbsp;manager, Steven Paul.
What Happened: Voight and his manager had a meeting with Trump and they submitted a &#8220;comprehensive plan&#8221;, following which, the president declared on Truth Social that he was directing the Commerce Department and the U.S. Trade Representative to &#8220;immediately begin the process of instituting a 100% Tariff on any and all Movies coming into our Country that are produced in Foreign Lands,&#8221; as per a <a href="https://www.cnbc.com/2025/05/05/trump-tariff-hollywood-movies.html">report </a>on CNBC. 
Voight, designated by Trump as a &#8220;special ambassador&#8221; to Hollywood, expressed optimism about collaborating with the administration, streamers, studios, and unions to form a plan to strengthen the American film industry.
The proposal put forward by Voight and his manager, Steven Paul, featured federal tax incentives, revisions to tax codes, co-production agreements with foreign nations, and infrastructure subsidies for theater owners and production companies.
Voight stated, &#8220;&#8230;we can ensure that American production companies thrive, more jobs stay here at home, and Hollywood once again leads the world in creativity and innovation.&#8221;
Paul's company, SP Global Media, stated, "The proposal also includes a focus on job training, and tariffs in certain limited circumstances."
SEE ALSO:&nbsp;<a href="https://benzinga.com/news/25/05/45188098/rep-marjorie-taylor-greene-frustrated-and-upset-with-the-trump-administration-questions-us-foreign-policy-yo" target="_blank" rel="noreferrer noopener">Rep. Marjorie Taylor Greene &#8216;Frustrated And Upset&#8217; With The Trump Administration, Questions US Foreign Policy: &#8216;You Better Be Clear, The Base Is Not Happy&#8217;</a>
Why It Matters: Trump&#8217;s proposed tariffs have caused a stir in the film industry and among investors. This announcement led to a temporary drop in share prices for companies like Walt Disney Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) and Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>). However, Trump as well as the White House later clarified that the tariffs were not guaranteed to be adopted.
Economist Peter Schiff criticized the proposed tariff, suggesting that it would be a new kind of <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">federal excise tax </a>on Americans who watch movies filmed abroad, and that&nbsp;Netflix subscribers would ultimately bear the cost.
Trump&#8217;s move is seen as a <a href="https://www.benzinga.com/general/entertainment/25/05/45201601/trump-wants-movies-made-in-america-again-heres-what-tariffs-on-films-could-mean-for-disney-netflix-stock">threat </a>to the &#8220;dying&#8221; movie industry, as he aims to bring back movie production to America. However, the President later clarified that he would speak to the Hollywood studios seeking their feedback and told reporters, "I'm not looking to hurt the industry, I want to help the industry,"
Meanwhile, California Governor Newsom&#8217;s spokesperson stated, "If the President announces a proposal with more details, we will review it."
Trump&#8217;s proposal and its potential impact on the film industry and streaming services continue to be a topic of heated discussion.
The shares of Netflix dropped 1.94%, while those of Disney slipped 0.4%, following the news on Monday. 
<ul>
<li>READ MORE:&nbsp;<a href="https://benzinga.com/25/05/45187521/buffett-tips-his-hat-to-tim-cooks-leadership-at-apple-he-has-made-berkshire-a-lot-more-money-than-ive-ever-made" target="_blank" rel="noreferrer noopener">Warren Buffett Says He Is &#8216;Embarrassed,&#8217; But &#8216;Tim Cook Has Made Berkshire A Lot More Money Than I&#8217;ve Ever Made&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

NFLX

Hollywood Tariff Push Sparked By Trump-Jon Voight Meeting Where Actor Proposed Levies In 'Certain Limited Circumstances:' Report

Datadog, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NASDAQ">DDOG</a>) will release earnings results for the first quarter, before the <a href="https://www.benzinga.com/quote/DDOG/earnings">opening bell on Tuesday, May 6</a>.
Analysts expect the New York-based company to report quarterly earnings at 43 cents per share, down from 44 cents per share in the year-ago period. Datadog projects to report quarterly revenue at $741.4 million, compared to $611.25 million a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Datadog announced Monday that it has acquired Eppo, a platform specializing in feature flagging and experimentation. The company will use the acquisition to enhance its Product Analytics suite and streamline the development process for its customers. Deal terms were not disclosed.
Datadog shares gained 0.7% to close at $105.70 on Monday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/ddog/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>Rosenblatt analyst Blair Abernerthy maintained a Buy rating and cut the price target from $160 to $150 on May 5, 2025. This analyst has an accuracy rate of 69%.</li>
<li>Barclays analyst Raimo Lenschow maintained an Overweight rating and cut the price target from $180 to $125 on April 21, 2025. This analyst has an accuracy rate of 70%.</li>
<li>UBS analyst Karl Keirstead maintained a Buy rating and slashed the price target from $164 to $120 on April 15, 2025. This analyst has an accuracy rate of 76%.</li>
<li>Jefferies analyst Brent Thill maintained a Buy rating and cut the price target from $150 to $135 on April 7, 2025. This analyst has an accuracy rate of 76%.</li>
<li>Truist Securities analyst Joel Fishbein maintained a Hold rating and lowered the price target from $140 to $120 on March 31, 2025. This analyst has an accuracy rate of 76%.</li>
</ul>
Considering buying DDOG stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="579" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06034702/image-42-1024x579.png" alt="" class="wp-image-902662" style="width:654px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06034702/image-42-1024x579.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06034702/image-42-300x170.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06034702/image-42-768x435.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06034702/image-42.png 1087w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/25/05/45193793/top-3-tech-and-telecom-stocks-that-may-jump-this-quarter">Top 3 Tech And Telecom Stocks That May Jump This Quarter</a> </li>
</ul>
Photo via Shutterstock

Price Target

Analyst Ratings

Datadog Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares fell 2.42% on Monday as investors digested troubling European sales data and a prominent fund manager&#8217;s warning about the company&#8217;s growth trajectory.
What Happened: Gary Black, Managing Partner at Future Fund, highlighted alarming sales trends in a post on X, noting that April European sales are projected to drop 47% year-over-year. Black emphasized that this decline can no longer be attributed to Model Y production changes.
&#8220;We predict that FY&#8217;25 Tesla deliveries will be -6% year-over-year versus FY&#8217;24,&#8221; Black wrote, compared to Wall Street&#8217;s estimated 3% decline.
The fund manager expressed concern that Tesla&#8217;s current valuation appears disconnected from its projected earnings. He pointed out that the stock is trading at a significantly higher multiple than its historical average, with its price reflecting over 130 times estimated non-GAAP earnings for fiscal 2025 and more than 90 times for fiscal 2026.
In comparison, Tesla&#8217;s average one-year forward price-to-earnings ratio over the past three years has been around 76 times.
<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"><a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> investors need to remember that EV fundamentals still drive TSLA's stock price (-2.4% today vs NDX -0.7%). April Europe sales have so far been terrible and the Model Y changeover can no longer be used as an excuse. With nearly all European countries now reporting April… <a href="https://t.co/2rcalRS99T">pic.twitter.com/2rcalRS99T</a>
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1919497519702438334?ref_src=twsrc%5Etfw">May 5, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/25/05/45213810/palantir-stock-drops-925-after-earnings-beat-dan-ives-stays-bullish-but-jefferies-brent-thill-says-institutions-still-arent-interested">Palantir Is A &#8216;Retail-Driven Story,&#8217; Says Top Analyst As PLTR Stock Falls 9% In After-Hours: &#8216;Not A Single Institutional Investor&#8230;Talks About This&#8217;</a>
Why It Matters: Spain <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">exemplifies Tesla&#8217;s European challenges</a>, with April sales plunging 36% year-over-year to 571 units, according to industry group ANFAC. Meanwhile, Spanish EV sales overall surged 54%, with Chinese competitors like BYD, MG, and Omoda posting triple-digit percentage gains.
Tesla&#8217;s European market share has declined <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">from 2.9% to 2% in just one year</a> amid heightened competition and brand challenges reportedly linked to CEO Elon Musk&#8216;s political activities. The company recently reported the first-quarter results, showing total <a href="https://www.benzinga.com/news/global/25/05/45202597/tesla-stock-falls-on-european-sales-decline-rising-competition-whats-going-on">revenue down 9% year-over-year</a>, with automotive revenue dropping 20% to $13.97 billion.
Despite gaining 23% in April, Tesla shares remain down over 26.11% year-to-date.
Read Next: 
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<li><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">Bitcoin, Ethereum Flat, Dogecoin Dips Even As Trump Calls Crypto &#8216;Popular:&#8217; Analyst Says BTC Build-up Good, Predicts ETH Uptrend After Fed Meet</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

TSLA

Gary Black Flags 47% Projected Drop In Tesla's April Europe Sales, Predicts 6% Decline In 2025 Deliveries

Arthur J. Gallagher Acquires Türkiye's Aspera To Strengthen Insurance And Reinsurance Brokerage Footprint

POWI

Power Integrations Unveils 1700 V InnoSwitch3-AQ IC To Boost Reliability And Efficiency In 800 V EVs

Nokia supplies private wireless to Maersk's fleet for real-time cargo tracking
<ul>
<li>Nokia to support Maersk's next-generation IoT connectivity platform with new mobile network to enhance operational efficiency.</li>
<li>Nokia supplied its private wireless network solution including Shikra small cell equipment and MantaRay NM for network management.</li>
</ul>

Nokia To Equip Maersk Fleet With Private Wireless Network For Real-Time Cargo Tracking And Efficiency Gains

Former Vice President Mike Pence&nbsp;voiced his apprehensions about President Donald Trump&#8216;s tariff policies, hinting at potential economic fallout and shortages.
What Happened: Pence, during an <a href="https://edition.cnn.com/2025/05/05/politics/january-6-pence-trump-tariffs-russia">interview </a>with CNN&#8217;s Kaitlan Collins, expressed his belief that the broad-based tariffs introduced by Trump could trigger a &#8220;price shock&#8221; in the economy and possible shortages.
He argued that these policies are not aimed at countries exploiting the trade relationship with the U.S., but are essentially a new industrial policy that could lead to inflation and harm consumers and the American economy.
The former VP stated, "I do think this version of tariff policy that's broad-based, indiscriminate, applies tariffs to friend and foe alike, is not a win for the American people."
Pence also voiced concerns about the possible consequences once the 90-day pause on steep &#8220;reciprocal&#8221; tariffs, announced by Trump on April 10, comes to an end. He cautioned that Americans might soon experience sticker shock and potential shortages.
In response to Trump&#8217;s recent remarks implying that American children might have to settle for fewer toys because of these policies, Pence highlighted that access to affordable goods is essential for helping Americans live within their means.
&#8220;&#8230;keeping dolls affordable, keeping our kids' toys affordable, that really is part of the American dream," stated Pence.
Pence distanced himself from Trump&#8217;s repeated assertions that Canada should become the 51st state, instead commending Canada as a strong and valued ally of the United States.
SEE ALSO:&nbsp;<a href="https://benzinga.com/news/25/05/45188098/rep-marjorie-taylor-greene-frustrated-and-upset-with-the-trump-administration-questions-us-foreign-policy-yo" target="_blank" rel="noreferrer noopener">Rep. Marjorie Taylor Greene &#8216;Frustrated And Upset&#8217; With The Trump Administration, Questions US Foreign Policy: &#8216;You Better Be Clear, The Base Is Not Happy&#8217;</a>
Why It Matters: On Sunday, Pence received the John F. Kennedy Profile in Courage Award for standing firm against endorsing false claims about the 2020 election being stolen.
Earlier in April, Pence had labeled Trump&#8217;s sweeping tariffs as &#8220;a misstep&#8221; <a href="https://www.benzinga.com/news/25/04/44753262/former-vice-president-mike-pence-calls-trumps-tariff-moves-misstep-cites-potential-economic-harm-to">and warned</a> that if left as it is, the strategies would amount to &#8220;the largest peacetime tax hike in American history.&#8221; 
In a Wall Street Journal op-ed, the former VP praised Trump&#8217;s early wins, such as <a href="https://www.benzinga.com/25/04/45088889/mike-pence-says-trump-comeback-unrivaled-in-modern-american-history-but-only-return-to-values-of-first-term-will-ensure-presidents-legacy">cutting illegal immigration</a> by over 90% at the southern border and restoring American strength abroad. However, he cautioned that these &#8220;hard-won and overdue&#8221; gains could be lost if the administration strays from its original playbook.
Trump&#8217;s tariff policies have also sparked a trade war that could potentially lead to empty toy shelves during the holiday season. However, the President said that China has earned over a trillion dollars by selling the United States products Americans don&#8217;t need. He dismissed worries about store shelves being empty, including in toy stores.
Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) surged 14. 69%, while SPDR S&amp;P 500 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) climbed 11.72% over the past one month since Trump&#8217;s &#8216;Liberation Day&#8217; tariffs. 
<ul>
<li>READ MORE:&nbsp;<a href="https://benzinga.com/tech/25/04/45057119/anthony-scaramucci-once-purchased-1200-worth-of-microsoft-stock-for-his-son-in-1992-and-then-forgot-about-it-three-decades-later-it-quietly-turned-into-a-small-fortune-that-he-didn" target="_blank" rel="noreferrer noopener">Anthony Scaramucci Once Purchased $1,200 Worth Of Microsoft Stock For His Son In 1992 And Then Forgot About It — Three Decades Later, It Quietly Turned Into A Small Fortune That He Didn&#8217;t Know He Ow</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Politics

Mike Pence Warns Trump's 'Indiscriminate' Tariffs Could Trigger 'Price Shock' And Potential Shortages: 'Keeping Our Kids' Toys Affordable...Is Part Of The American Dream'

Under the terms of the Acquisition, Deliveroo Shareholders will be entitled to receive 180 pence in cash per Deliveroo Share. The terms of the Acquisition value the entire issued and to be issued ordinary share capital of Deliveroo at approximately £2.9 billion, and represent a premium of approximately 44 per cent to the Closing Price of 125 pence per Deliveroo Share on 4 April 2025 (being the last Business Day prior to DoorDash's offer letter to Deliveroo in respect of the Acquisition), approximately 29 per cent to the Closing Price of 140 pence per Deliveroo Share on 24 April 2025 (being the last Business Day prior to the commencement of the Offer Period and approximately 40 per cent to Deliveroo's three month volume weighted average price of 129 pence per Deliveroo Share to 24 April 2025. The terms of the Acquisition imply an enterprise value of Deliveroo of approximately £2.4 billion.

DROOF

DoorDash To Acquire Deliveroo In £2.9B Deal, Expanding Global Reach To Over 40 Countries

Key enhancements include inventory optimization, fails research, and email integration automation for better connectivity and outcomes

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Two Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) investors, dormant for over a decade, moved roughly $325 million worth of the asset on Monday, sparking intrigue in the cryptocurrency community.
What Happened: According to on-chain tracker Spot On Chain, the first whale moved 2,343 BTC, worth $222.2 million, to a new wallet after 10.5 years of inactivity. The second whale&nbsp;resurfaced after more than 11 years, shifting&nbsp;1,079 Bitcoin, worth approximately $102.5 million.
Dormant wallets, especially those holding large amounts of Bitcoin, are often tied to early adopters or miners who bought into the asset when it was just a fraction of today&#8217;s price.
These moves could be motivated by recovered keys, ownership changes or long-term holders looking to cash out after years of HODLing.
<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">&#x26a0;&#xFE0F; $324.2M in <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> on the move after over 10 years of dormancy! In the past 3 hours, two Satoshi-era whales, who had been inactive since 2014, transferred 3,422 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> ($325M) to new wallets: &#x1f48e; Whale "1NWPS" woke up after 10.5 years, moving 2,343 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> (~$222.2M). &#x1f48e; Whale… <a href="https://t.co/UKb78WJDXp">pic.twitter.com/UKb78WJDXp</a>
&mdash; Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1919560794137882853?ref_src=twsrc%5Etfw">May 6, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also:&nbsp;<a href="https://benzinga.com/25/05/45213365/maxine-waters-to-obstruct-cryptocurrency-hearing-plans-shadow-hearing-instead" target="_blank" rel="noreferrer noopener">Maxine Waters Plans Walkout From Crypto Hearing, Will Host &#8216;Shadow Hearing&#8217; Opposing Trump Family Ventures: Report</a>
Why It Matters: This massive movement of Bitcoin comes at a time when the cryptocurrency market is experiencing a period of relative stability. The <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">apex coin consolidated between $94,000 and $95,000 </a>on Monday, following a pullback from $97,000.
That said, analysts voiced optimism about its long-term outlook. Macro expert Raoul Pal predicted that Bitcoin and cryptocurrency markets are entering the second leg of a steep, liquidity-driven bull phase, which he described as the &#8220;banana zone.&#8221; He believed that Bitcoin could hit $450,000.
Price Action:&nbsp; At the time of writing, Bitcoin was exchanging hands at $94,445.59, down 0.23% 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>.
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>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>
Photo Courtesy: Mc_Cloud on Shutterstock.com

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

Cryptocurrency

$BTC

Two Dormant Bitcoin Whales Move $325 Million After A Decade: What's Going On?

Yoshiharu Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YOSH#NASDAQ">YOSH</a>) reported quarterly losses of $(0.96) per share. This is a 47.69 percent decrease over losses of $(0.65) per share from the same period last year. The company reported $3.51 million in sales this quarter. This is a 24.90 percent increase over sales of $2.81 million the same period last year.

YOSH

Yoshiharu Global Q1 EPS $(0.96) Down From $(0.65) YoY, Sales $3.51M Up From $2.81M YoY

Artesian Resources (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARTNA#NASDAQ">ARTNA</a>) reported quarterly earnings of $0.53 per share which beat the analyst consensus estimate of $0.35 by 51.43 percent. This is a 23.26 percent increase over earnings of $0.43 per share from the same period last year. The company reported quarterly sales of $25.89 million which beat the analyst consensus estimate of $25.00 million by 3.54 percent. This is a 5.47 percent increase over sales of $24.54 million the same period last year.

ARTNA

Artesian Resources Q1 EPS $0.53 Beats $0.35 Estimate, Sales $25.89M Beat $25.00M Estimate

The companies have decided to pause discussions around the joint venture to allow them to focus on improving the current, standalone performance at their respective sites, while also allowing AngloGold Ashanti to consolidate the improvements to its long-term mining plan, which currently shows the highest value of its options

AngloGold Ashanti, Gold Fields Pause Ghana JV Talks To Focus On Standalone Mine Performance

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<li>Turn enterprise data into the most powerful tool with new watsonx.data, which can lead to 40% more accurate AI agents</li>
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IBM Unveils Hybrid AI Technologies To Build Enterprise Agents In 5 Minutes And Unlock 176% ROI

Press Releases

The Lovesac Company Reports Third Quarter Fiscal 2025 Financial Results

The Lovesac Company Details Strategic Framework and Multi-Year Financial Algorithm at Investor Day

The Lovesac Company Publishes 2024 ESG Report

The Lovesac Company Announces Participation in the 2025 ICR Conference

Lovesac and Habitat for Humanity Partner to Bring Total Comfort to Communities Nationwide

Lovesac Revives Recliner Culture with Kathy Hilton, Jay Shetty and Funny Marco in New Campaign

The Lovesac Company Announces Fourth Quarter and Fiscal 2025 Conference Call Date

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