La vendita allo scoperto per PureCycle Technologies dà agli investitori un'idea del grado in cui gli investitori stanno scommettendo sul declino delle azioni di PureCycle Technologies. I dati relativi alle vendite allo scoperto vengono aggiornati ogni due settimane.

PureCycle Technologies (NASDAQ:PCT) Azioni, Report sulle vendite allo scoperto

PureCycle Technologies

PureCycle Technologies Inc holds a license to commercialize the only patented solvent-based purification recycling technology, developed by The Procter & Gamble Company (P&G), for restoring waste polypropylene (PP) into a virgin-like resin. The proprietary process removes color, odor, and other contaminants from recycled feedstock resulting in virgin-like polypropylene suitable for any PP market.

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Un&#39;analisi svela tre società sottovalutate pronte a sovraperformare il mercato: è il momento di guardare oltre i titoli più blasonati?

3 titoli da tenere d&#39;occhio (potrebbero essere un grosso affare)

PureCycle Technologies, Inc. - Common stock

PureCycle Technologies Inc

PACT GROUP HLDGS UNSP/ADR by Pact Group Holdings Ltd

Pact Group Holdings Ltd

PCTEL Inc

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PICTON PPTY INCOME LTD by Picton Ppty Income Ltd.

Paylocity Holding Corporation - Common Stock

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<a href="https://www.benzinga.com/25/02/43616261/trumps-punitive-tariffs-could-lead-to-us-job-losses-warns-former-ambassadorwere-in-for-a-bit-of-bad-news-in-the-near-term">President Donald Trump</a> on Sunday said that his administration is investigating the U.S. national debt, suggesting that certain Treasury payments may be fraudulent and "might not count." Speaking aboard Air Force One, Trump said his administration is reviewing debt records to uncover potential financial mismanagement.&nbsp;
The U.S. national debt is approximately $36.2 trillion, exceeding 120% of the country's GDP, according to the <a href="https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/">U.S. Treasury</a>. Trump indicated that Treasury payments are currently under review.&nbsp;
&#8220;We&#8217;re even looking at Treasuries,&#8221; he said. &#8220;There could be a problem—you&#8217;ve been reading about that. That could be an interesting problem…It could be that a lot of those things don&#8217;t count. In other words, some of that stuff that we&#8217;re finding is very fraudulent, therefore maybe we have less debt than we thought.&#8221;
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National Economic Council Director Kevin Hassett <a href="https://www.cnbc.com/video/2025/02/10/nec-director-kevin-hassett-on-new-metal-tariffs-trumps-reciprocal-tariff-plan-and-tax-priorities.html">told CNBC</a> on Monday that Trump's comments weren't about payments to holders of US debt but possible improper payments to contractors and for grants.
This has sparked questions from financial experts since Treasury securities are considered some of the safest investment instruments worldwide.&nbsp;
While Trump has suggested that fraudulent payments could be inflating the national debt, independent budget watchdogs argue that the administration's proposed tax cuts would add trillions of dollars in new debt. The <a href="https://www.crfb.org/papers/fiscal-impact-harris-and-trump-campaign-plans">Committee for a Responsible Federal Budget</a> estimated that Trump&#8217;s tax plans will add $7.75 trillion to the projected debt through fiscal year 2035.
Trending: ‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. <a href="https://www.benzinga.com/money/mode-mobile-2">You can invest today for just $0.26/share with a $1000 minimum.</a>
To help crack down on eliminating waste and identify fraudulent spending in the federal government, Trump has enlisted billionaire <a href="https://www.benzinga.com/startups/25/01/42802794/there-wont-be-money-for-social-security-elon-musk-tells-joe-rogan-about-looming-bankruptcy-and-1-1-trillion-interest">Elon Musk</a> to lead an overhaul of federal government operations. Musk's newly established Department of Government Efficiency has reportedly been reviewing payroll and spending records, raising privacy and security concerns.
A federal judge recently blocked Musk&#8217;s team from accessing and storing data from certain government financial systems, citing the risk of improper disclosure of sensitive information. Treasury Secretary Scott Bessent said that Musk's team had only &#8220;read-only&#8221; access and could not make changes to the system.
Beyond speculative fraudulent payments from the Treasury, Trump also said that foreign countries play a role in the United States' rising debt, blaming countries like Mexico and Canada for taking advantage of the U.S. in trade deals.&nbsp;
&#8220;We&#8217;re not that rich right now. We owe $36 trillion dollars. That&#8217;s because we let all these nations take advantage of us,&#8221; Trump told Fox News in an interview aired on Sunday.
See Also: The average 401(k) balance soars to a record-breaking high – <a href="https://www.benzinga.com/money/average-401k-balances-soars-to-record-high">Here's how to know if your nest egg is keeping pace.</a>
While Trump tied trade deficits to the <a href="https://www.benzinga.com/personal-finance/24/10/41564246/from-10-trillion-to-35-trillion-how-government-spending-has-spiraled-out-of-control">national debt</a>, financial experts say the two are separate issues. Trade deficits measure the difference between a country&#8217;s imports and exports, whereas the national debt reflects government borrowing over time. <a href="https://ticdata.treasury.gov/resource-center/data-chart-center/tic/Documents/slt_table5.html">Treasury data</a> shows that as of November, Canada and Mexico held $374 billion and $100 billion in U.S. Treasury securities, respectively.
Trump's investigation into <a href="https://www.benzinga.com/personal-finance/25/02/43592816/social-security-beneficiaries-have-every-reason-to-be-alarmed-by-musks-access-to-u-s-department-of-treasury-payment-system">Treasury payments</a> has sparked debate among economists and lawmakers. While supporters argue that identifying wasteful government spending is crucial, critics warn that questioning the validity of Treasury payments could destabilize global financial markets. With the debt ceiling deadline looming, all eyes are on Congress to determine the future of U.S. fiscal policy.
As this situation develops, financial experts emphasize the importance of distinguishing between legitimate debt obligations and potential inefficiencies in government spending. Whether Trump's efforts will yield meaningful reductions in the national debt remains to be seen.
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<li>Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/mode-mobile-2">with $1,000 you can invest at just $0.26/share!</a></li>
</ul>

Personal Finance

Trump Investigates U.S. Debt for Fraud, Suggests Treasury Payments 'Might Not Count'

The U.S. Justice Department has discovered $2 billion of Russian funds held at JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>). This follows a series of substantial <a href="https://www.benzinga.com/news/global/24/12/42380085/trump-on-assads-fall-putin-was-not-interested-in-protecting-him-any-longer">transfers from Russia to Turkey</a>.
What Happened: After Russia&#8217;s invasion of Ukraine, the country made several large payments to Turkey, with more expected to follow. These funds, totaling over $5 billion, were purportedly for the construction of Turkey&#8217;s first nuclear power plant, a project supported by Russian leader Vladimir Putin and Turkish President Recep Tayyip Erdoğan.
However, investigators discovered that Russia and Turkey utilized the nuclear project as a means to bypass U.S. sanctions imposed on Russia&#8217;s central bank in 2022. 
Moscow technocrats channeled billions of dollars through U.S. banks to Turkey, where the money could then be used to support Russian state initiatives, <a href="https://www.wsj.com/politics/policy/moscow-has-2-billion-stuck-at-jpmorgan-the-u-s-isnt-sure-what-to-do-with-it-b0669584#selection-5955.145-5955.189">reports</a> The Wall Street Journal.
While neither&nbsp;JPMorgan&nbsp;nor&nbsp;Citigroup Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) are the focus of the investigation,&nbsp;$2 billion of the Russian&nbsp;funds are currently stuck at JPMorgan. 
Also Read: <a href="https://www.benzinga.com/news/24/04/38478861/putin-may-not-have-been-directly-behind-opposition-leaders-puzzling-death-u-s-intelligence-says">Putin May Not Have Been Directly Behind Opposition Leader&#8217;s Puzzling Death, U.S. Intelligence Says</a>
This is due to the U.S. government&#8217;s decision to halt&nbsp;some of the bank transfers.&nbsp;In 2024, U.S. prosecutors were ready to confiscate the money, citing it as&nbsp;the proceeds of sanctions evasion,&nbsp;money laundering, and bank fraud.
However, the seizure was halted in the final stages of the Biden administration due to concerns about straining relations with Turkey, a key but occasionally problematic ally. 
The U.S. government continues to scrutinize its sanction regimes and take action against those&nbsp;who try to evade them.
Why It Matters: This investigation underscores the complexity and challenges of international financial transactions, particularly in the context of geopolitical tensions and sanctions. 
The case also highlights the role of major financial institutions, such as JPMorgan, in these transactions and the potential implications for their operations.
Read Next
<a href="https://www.benzinga.com/news/23/05/32608472/putin-has-an-expanding-blacklist-of-people-amid-his-war-against-ukraine-heres-whos-on-it">Putin Has An Expanding Blacklist Of People Amid His War Against Ukraine: Here&#8217;s Who&#8217;s On It</a>

Politics

Russia Has $2 Billion Trapped in US Banking Limbo At JPMorgan — What Happens Next?

Everyone wants to build wealth, but where do you even start? If you ask <a href="https://www.benzinga.com/news/25/01/42976301/charlie-munger-said-his-family-only-owns-3-stocks-damn-right-theyre-rich-because-diversification-is-for-know-nothing-investors">Charlie Munger – the billionaire investor</a>, Berkshire Hathaway vice chairman, and Warren Buffett's legendary right-hand man – the answer is simple: focus on getting to $100,000 first.
Munger, who passed away just shy of his 99th birthday, left behind a treasure trove of financial wisdom. In shareholder meetings, interviews and books, he often spoke about the challenge of wealth-building. According to him, the first big hurdle isn't a million dollars – it's that first $100,000.
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<h2 class="wp-block-heading">Why Is the First $100,000 So Hard?</h2>
Munger didn't sugarcoat it: "The first $100,000 is a bitch, but you gotta do it. I don't care what you have to do – if it means walking everywhere and not eating anything that wasn't purchased with a coupon, find a way to get your hands on $100,000. After that, you can ease off the gas a little bit."
That quote, from a 1990s Berkshire Hathaway shareholder meeting, highlights the brutal reality of starting from scratch. When you're just beginning to build wealth, you don't have much working for you – no passive income, no compounding returns and no momentum. You're essentially climbing uphill with nothing but your own savings and discipline.
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Munger elaborated on this in Damn Right!: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger, explaining that to reach that first $100,000 (and eventually a million), you have to be relentless about saving and avoiding lifestyle creep. "Getting wealthy is like rolling a snowball," he said. "It helps to start on top of a long hill – start early and try to roll that snowball for a very long time. It helps to live a long life."
<h2 class="wp-block-heading">The $100,000 Tipping Point</h2>
So why is $100,000 such a magical number? Because that's when compounding starts to work in your favor. Before that, <a href="https://www.benzinga.com/personal-finance/25/02/43581512/are-you-among-the-wealthiest-heres-the-net-worth-it-takes-to-be-in-the-top-1-5-and-10">your net worth</a> depends almost entirely on how much you save. After that, your money starts working for you.
Here's an example:
• If you have $100,000 invested and it earns a modest 7% annual return, that's $7,000 in gains – without you lifting a finger.
• If you reinvest those returns, your money snowballs and suddenly, growth becomes exponential.
• Compare that to the early days when every dollar had to come from your paycheck.
Once you <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">cross that six-figure threshold</a>, building wealth gets noticeably easier. Your investments generate returns, which create even more returns. And since larger amounts compound faster, you reach the next milestone (like $200,000) much quicker than the first.
Trending: Can you guess how many retire with a $5,000,000 nest egg? <a href="https://www.benzinga.com/money/5mil-nest-egg-adv">The percentage may shock you</a>.
<h2 class="wp-block-heading">The Psychological Shift</h2>
Beyond the math, there's also a huge psychological shift when you hit $100,000. It's proof that wealth-building is possible, and that realization can be life-changing. Once you see your money growing, you're more likely to stay disciplined, avoid unnecessary spending and keep investing.
Munger's advice is a reality check for anyone dreaming of financial independence. The road to your first $100,000 might be tough – filled with sacrifice, side hustles and strict budgeting – but once you get there, the game changes. That's when compounding kicks in, and wealth starts to build itself.
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So if you're still climbing toward that first big milestone, take Munger's words to heart: focus, save aggressively and don't give up. The hardest part is just getting started. But once you do, the rest of the journey gets a whole lot easier.
If you're starting from scratch, <a href="https://www.benzinga.com/money/are-you-rich">an advisor can help</a> you maximize your savings and investment strategy. If you've already hit six figures or more, they can ensure your money is working as efficiently as possible. No matter where you are, having a roadmap makes the journey a whole lot smoother.
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Charlie Munger Said The Hardest Part Of Getting Rich Is The First $100,000 – But From There It Snowballs And 'You Can Ease Off The Gas'

Peter Lynch, famed for his remarkable returns at the helm of the Fidelity Magellan Fund, underscores the significance of comprehensive research and a long-term approach to successful investing, <a href="https://www.benzinga.com/news/25/01/43078273/peter-lynchs-advice-dont-invest-in-a-company-before-you-look-at-the-financials-if-you-made-it-throug">especially for those in their sixties</a>.
What Happened: Lynch, frequently referred to as a &#8220;legendary&#8221; stock market investor, has imparted some priceless wisdom for investors aged 60 and above.
During his tenure at the Fidelity Magellan Fund, Lynch delivered an astounding 29.2% annual return, outperforming the S&amp;P 500 index by more than double during the same timeframe. His successful methodologies and passion for value investing inspired him to pen several books, including the best-seller &#8220;One Up on Wall Street.&#8221;
Lynch&#8217;s counsel for investors, particularly those in their sixties, is to concentrate on comprehensive research and long-term tactics. &#8220;The person that turns over&nbsp;the most rocks wins the&nbsp;game,&#8221; he stated, underlining the need to assess a wide range of companies, not just the conventional blue-chip stocks.
Also Read: <a href="https://www.benzinga.com/markets/24/12/42497173/investment-guru-peter-lynch-if-you-cant-explain-to-an-11-year-old-in-2-minutes-or-less-why-you-own-the-stock-you-shouldnt-own-it">Investment Guru Peter Lynch: &#8216;If You Can&#8217;t Explain To An 11-Year-Old In 2 Minutes Or Less Why You Own The Stock, You Shouldn&#8217;t Own It&#8217;</a>
&#8220;I always thought if you looked at ten companies, you'd find one that's interesting, if you'd look at 20, you'd find two, or if you look at hundred, you'll find ten. The person that turns over the most rocks wins the game,&#8221; he elaborated in his book. 
He further cautioned against making emotionally driven decisions based on market pessimism. &#8220;A&nbsp;lot of people when they&nbsp;get negative on the market,&nbsp;put 50% in cash, but&nbsp;unfortunately, a lot of times&nbsp;when you get to that&nbsp;position, it's just about when&nbsp;the market's about to rally,&#8221; Lynch pointed out. He urges&nbsp;investors to make decisions based&nbsp;on research and a solid comprehension of their long-term holdings.
Why It Matters: Lynch&#8217;s advice comes at a crucial time when many investors in their sixties are seeking guidance on managing their portfolios in a volatile market. 
His emphasis on thorough research and a long-term strategy resonates with the need for investors to make informed decisions rather than reacting impulsively to market fluctuations. 
His warning against making emotional decisions based on market negativity serves as a timely reminder for investors to stay focused on their long-term goals and not be swayed by short-term market sentiments.
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Image: Shutterstock

Success Stories

Peter Lynch's Timeless Stock Advice: 'Person That Turns Over the Most Rocks Wins the Game'

According to <a href="https://realestate.usnews.com/places/florida/naples">U.S. News &amp; World Report</a>, Naples, Florida, is officially the No. 1 place to <a href="https://www.benzinga.com/personal-finance/25/02/43473640/can-you-guess-the-average-retirees-net-worth-surprisingly-it-tends-to-skyrocket-during-retirement">retire in 2025</a>. If you're picturing white sandy beaches, endless sunshine, and a retirement filled with golf, fine dining, and zero state income tax, you're on the right track. While others may have different opinions, this ranking is based on factors like affordability, healthcare quality, and overall happiness.
So, what exactly makes Naples stand out from the 150 cities analyzed?&nbsp;
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According to U.S. News &amp; World Report, Naples ranked highly based on:
<ul>
<li>Desirability: Naples ranked No. 3 in the U.S. for desirability, meaning a lot of retirees want to live here. A SurveyMonkey poll of 3,500 people factored in the number of entertainment options, restaurants, and other attractions relative to the population size.</li>
<li>Quality of Life: With stunning beaches, a low crime rate, and plenty of recreational opportunities, Naples offers a high standard of living.</li>
<li>Retiree Tax Benefits: Florida has no state income tax, which is a huge financial perk for retirees.</li>
<li>Healthcare: Naples is home to top-rated medical facilities like NCH Baker Hospital, providing excellent healthcare access.</li>
<li>Affordability (Or Lack Thereof): While Naples ranked high in many categories, affordability wasn't one of them. The median home price is $576,169, which is more than double the national average of $281,000, according to Zillow.</li>
</ul>
For decades, Naples has been known as a <a href="https://www.benzinga.com/personal-finance/24/06/39143700/are-you-richer-than-your-peers-the-net-worth-needed-to-be-in-the-top-10-of-your-age">haven for wealthy retirees</a> and seasonal residents, aka "snowbirds." During the winter months, people from colder states flock to the city, filling up golf courses, luxury shopping districts, and waterfront restaurants. Come summer, many of them head back north, leaving Naples quieter—but still stunning.
Trending: <a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a>
According to U.S. News, PJ Smith, president of the Naples Area Board of Realtors, spent 20 years as a snowbird before making the move permanent. "First impressions were: fantastic beaches, easy access to the beach, and many options for golf memberships," he told the publication. "Old Naples' Fifth Avenue and Third Street areas are lovely for walking, shopping, and people-watching. Plus, it's very dog-friendly!"
But even paradise has its downsides. Traffic congestion spikes in winter, and the high cost of living makes it challenging for some <a href="https://www.benzinga.com/personal-finance/24/12/42275692/the-average-retiree-has-a-net-worth-of-1-79-million-are-you-ahead-of-the-curve">retirees on fixed incomes</a>. While Naples ranks high for desirability and lifestyle, some may find better affordability elsewhere.
Florida homeowners also face some of the highest insurance premiums in the country. In 2024, the average cost of homeowners insurance in Florida was reportedly $10,996, according to local daily newspaper The News-Press.
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While Naples may have its appeal—and plenty of people consider it retirement paradise—it's definitely not everyone's cup of tea…or piña colada.&nbsp;
Some retirees prefer the coastal charm of Virginia Beach, Virginia, the culture and top-tier healthcare in New York, or the more affordable housing options in places like Boise, Idaho or Raleigh, North Carolina. Others might find Sarasota offers a similar Florida lifestyle without quite as steep of a price tag. At the end of the day, the best retirement spot comes down to what fits your lifestyle, priorities, and, of course, your wallet. A <a href="https://www.benzinga.com/money/are-you-rich">financial advisor</a> can help you figure out where your dream retirement actually makes sense—whether that's Naples or somewhere you never even considered.
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<li><a href="https://www.benzinga.com/money/suze-orman-retirement-bucket">&#8216;Which Bucket Do I Draw From First?&#8217; Suze Orman Explains To 67-Year-Old The Best Order For Tapping Into Her Retirement Accounts</a></li>
</ul>

White Sand, Warm Weather, And No State Income Tax — This Wealthy Florida Town Is Ranked As The Top Retirement Destination

Rock star Sheryl Crow is parting ways with her Tesla vehicle, expressing her disapproval of CEO Elon Musk&#8216;s politics.
What Happened: Crow posted a <a href="https://www.instagram.com/p/DGEf88eBMVX/?hl=en">video</a> on Instagram last Friday, bidding farewell to her black Tesla. She hinted at her displeasure with Musk&#8217;s political ties in the caption, stating, &#8220;There comes a time when you have to decide who you are willing to align with. So long Tesla.&#8221;
Musk, who is presently leading the Department of Government Efficiency (DOGE) under President Donald Trump&#8216;s administration, has been under fire from Trump critics for his role.
DOGE&#8217;s emphasis on cutting federal expenditure, particularly on DEI initiatives, has led to multiple lawsuits and public backlash.
Also Read: <a href="https://www.benzinga.com/tech/25/02/43581767/elon-musks-former-employees-warn-federal-workers-about-long-hours-firings-and-much-more">Elon Musk&#8217;s Former Employees Warn Federal Workers About Long Hours, Firings, And Much More</a>
In addition, Crow disclosed her monetary support for NPR, which is under political threat from Rep. Marjorie Taylor Greene (R-Ga.) and others. &#8220;Money donated to @npr, which is under threat by President Musk, in hopes that the truth will continue to find its way to those willing to know the truth,&#8221; Crow stated.
Why It Matters: This incident underscores the growing influence of political affiliations on consumer choices. 
Crow&#8217;s decision to discontinue her association with Tesla due to Musk&#8217;s political leanings reflects a broader trend where consumers are increasingly aligning their purchasing decisions with their political and social values. 
This could potentially impact the brand image and market position of companies like Tesla, whose leaders are actively involved in political matters.
Read Next
<a href="https://www.benzinga.com/general/social-media/25/02/43579276/elon-musk-plans-reinstatement-of-doge-employee-fired-over-social-media-posts" target="_blank" rel="noreferrer noopener">Elon Musk Plans Reinstatement of DOGE Employee Fired Over Social Media Posts</a>
Image: Shutterstock

Entertainment

TSLA

Sheryl Crow Ditches Tesla Over Elon Musk's DOGE and Trump Ties

Bank of America strategists are warning of a potential 40% crash in the S&amp;P 500, attributing it to a growth-stock bubble.
What Happened: The bank&#8217;s strategists, earlier this week, drew a comparison between the current market scenario and the notorious&nbsp;&#8220;Nifty Fifty&#8221; and &#8220;dot-com&#8221; bubbles&nbsp;of the 1960s and late 1990s. 
They highlighted the similarities between these periods and the present market, hinting at a possible impending fallout.
As per the report <a href="https://www.businessinsider.com/stock-market-crash-growth-bubble-ai-dotcom-nifty-fifty-sp500-2025-2">by</a> Insider, the crux of the bank&#8217;s argument lies in the market&#8217;s concentration levels. The market cap of U.S. stocks is 3.3 standard deviations away from the historical average, when compared to the rest of the world. The top five stocks in the S&amp;P 500 now make up 26.4% of the index.
Jared Woodard of Bank of America cited passive investing as a major factor for this market concentration.&nbsp;&#8220;Passive funds dominate with 54%&nbsp;market share,&#8221; Woodard stated. He cautioned that ignoring valuations and fundamentals could result in a significant risk during a bust cycle.
Also Read: <a href="https://www.benzinga.com/25/02/43586493/jpmorgan-bofa-equifax-honda-block-and-many-more-may-get-relief-after-cfpb-dissolution-as-director-vought-halts-activities-maryland-senator-says-will-ensure-the-body-continues-to-fight-for-consumers">JPMorgan, BofA, Equifax, And Others May Get Relief After CFPB Dissolution</a>
Woodard&#8217;s predictions are in line with recent perspectives from strategists at other leading Wall Street banks. Both Mike Wilson of Morgan Stanley and David Kostin of Goldman Sachs have predicted a decade of flat returns for the S&amp;P 500.
Despite the pessimistic forecast, the bank offered a strategy to evade a potential bear market. This involves monitoring the S&amp;P 500 equal-weight index, investing in quality stocks with lesser&nbsp;exposure to the Magnificent Seven&nbsp;stocks, and diversifying holdings.
Why It Matters
Investors and market watchers have been increasingly concerned about the high concentration levels in the S&amp;P 500. The dominance of a few stocks, often referred to as the &#8216;Magnificent Seven&#8217;, has raised questions about the overall health and stability of the market. This warning from Bank of America underscores these concerns and highlights the potential risks associated with a highly concentrated market.
The bank&#8217;s comparison of the current market situation with past market bubbles serves as a stark reminder of the potential consequences. The &#8216;Nifty Fifty&#8217; and &#8216;dot-com&#8217; bubbles led to significant market corrections and investor losses. The possibility of a similar fallout in the current scenario could have serious implications for investors.
While the bank&#8217;s strategy offers a potential way to navigate the situation, it underscores the need for careful investment strategies and risk management in the current market environment.
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Image: Shutterstock

Bank of America Foresees Possible 40% S&P 500 Plunge Due To Growth-Stock Bubble

President Donald Trump&#8216;s refusal to offer an early 2028 presidential endorsement for Vice President JD Vance has heightened speculation about who might lead the next GOP ticket.
What Happened: In a recent interview, President Trump did not confirm&nbsp;Vice President Vance as his&nbsp;automatic successor for the 2028 presidential election.
Trump, who will be term-limited in 2028, acknowledged Vance&#8217;s abilities but did not commit to endorsing him as his successor. He suggested that there are numerous competent individuals and that it is premature to make a decision.
Vance, at 40, has been a prominent figure in Trump&#8217;s administration, leading significant initiatives and representing the U.S. at international events. Despite Trump&#8217;s reluctance, Vance is generally considered a potential&nbsp;future leader of the MAGA&nbsp;movement.
Also Read: <a href="https://www.benzinga.com/news/25/02/43581792/mary-trump-slams-uncle-says-president-isnt-just-destroying-democracy-hes-handing-unchecked-power-to-people-like-elon-musk">Mary Trump Slams Uncle, Says President &#8216;Isn&#8217;t Just Destroying Democracy, He&#8217;s Handing Unchecked Power to People Like Elon Musk&#8217;</a>
Other potential Republican successors to Trump include&nbsp;Secretary of State Marco Rubio, Florida Gov. Ron DeSantis,&nbsp;Homeland Security Secretary Kristi Noem, Virginia Gov. Glenn Youngkin, entrepreneur Vivek Ramaswamy, and Texas Gov. Greg Abbott.
Although the next presidential race is still four years away, Trump is anticipated to announce his&nbsp;endorsement shortly after the midterms&nbsp;next year.
Why It Matters: The endorsement from a sitting president can significantly influence the political trajectory of potential successors. Trump&#8217;s hesitation to endorse Vance may impact the latter&#8217;s political standing within the Republican party and the MAGA movement. T
his development could also open up the field for other potential successors, leading to a more competitive race for the 2028 Republican nomination.
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Image: Shutterstock

Vance? Rubio? Noem? Here's Who Might Top the GOP Ticket in 2028

A significant surge is anticipated for an altcoin that has already seen a 920% increase within a month. The same analyst also shares his insights on Cardano (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ada/usd">ADA</a>) and Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>).
What Happened: Crypto analyst&nbsp;Ali Martinez&nbsp;expressed his bullish predictions for OnyxCoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">XCN</a>), a&nbsp;utility token of the Onyx&nbsp;layer-3 blockchain. Martinez suggests that XCN, currently&nbsp;in a descending triangle pattern, is bracing for another significant price surge.
In technical analysis, a descending&nbsp;triangle is often seen as a bullish indicator if the asset&#8217;s price&nbsp;breaks out from above the&nbsp;descending trend line. At present,&nbsp;XCN is trading at $0.0247, a 920% rise from its&nbsp;January 16th low of $0.00242.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/OnyxCoin?src=hash&amp;ref_src=twsrc%5Etfw">#OnyxCoin</a> <a href="https://twitter.com/search?q=%24XCN&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$XCN</a> has surged 2,656% since late December and is now consolidating within a descending triangle, potentially gearing up for the next leg up! <a href="https://t.co/zSAbLnOK4K">pic.twitter.com/zSAbLnOK4K</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1889820782488068177?ref_src=twsrc%5Etfw">February 12, 2025</a></blockquote>
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Martinez also turned his focus to Cardano, stating that ADA is reflecting a pattern that previously triggered a 2,600% rally.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43076996/forget-dogecoin-and-shiba-inu-this-altcoin-expected-to-skyrocket-by-116-before-end-of-this-cycle">Forget Dogecoin And Shiba Inu &#8211; This Altcoin Expected To Skyrocket By 116% Before End Of This Cycle</a>
 He predicts that this&nbsp;could soon lead to a&nbsp;parabolic rally for Cardano, potentially hitting&nbsp;a price of around $15,&nbsp;an estimated increase of about 1,820% from its current level.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Looking back at history, <a href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw">#Cardano</a> <a href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ADA</a> seems to be repeating the same pattern from 2020 to 2021 at a slower pace, which could soon lead to a parabolic rally! Go to <a href="https://twitter.com/SimpleFXcom?ref_src=twsrc%5Etfw">@SimpleFXcom</a> via my link <a href="https://t.co/GLjkpQvNJr">https://t.co/GLjkpQvNJr</a>, claim the $5,000 bonus, and get some before it&#39;s too late! <a href="https://t.co/5aJn6aQjKC">pic.twitter.com/5aJn6aQjKC</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1889784292299219321?ref_src=twsrc%5Etfw">February 12, 2025</a></blockquote>
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On the other hand, Martinez cautions that Bitcoin is encountering strong&nbsp;resistance at the price of&nbsp;$97,350. He indicates that if Bitcoin adjusts to around the $92,110 level, it could be susceptible to a sharp fall, considering the weak support below $92,110.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The most important resistance level for <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> is at $97,530. However, support below $92,110 is weak, as there's a gap between $90,000 and $70,000. <a href="https://t.co/yW575BOBKk">pic.twitter.com/yW575BOBKk</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1889857525014470933?ref_src=twsrc%5Etfw">February 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: The predictions made by Martinez have significant implications for the crypto market. The potential surge in OnyxCoin and Cardano could attract more investors and possibly lead to a shift in market dynamics. 
However, the predicted downfall of Bitcoin could result in a market downturn, affecting investor sentiment and overall market stability. 
These predictions underscore the volatile nature of the crypto market and the need for investors to stay informed and vigilant.
Read Next
<a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39125451/crypto-trader-says-these-two-meme-coins-are-set-to-spike-and-neither-of-them-are-dogecoin-" target="_blank" rel="noreferrer noopener">Crypto Trader Says These Two Meme Coins Are Set To Spike — And Neither Of Them Are Dogecoin Or Shiba Inu</a>
Image: Shutterstock

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

Cryptocurrency

$ADA

$BTC

$XCN

Crypto Analyst Predicts More Gains for Altcoin That Skyrocketed 920% in Just One Month

Robert Kiyosaki is warning of an impending market crash and massive layoffs, and urging people to prepare <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43219306/robert-kiyosaki-foresees-bitcoin-surpassing-us-dollar-as-good-money">rather than pretend</a>.
What Happened:&nbsp;Last week, Kiyosaki took to X to express his concerns about the economic future. He predicted an acceleration in layoffs, with President Donald Trump set to eliminate 65,000 jobs. He also mentioned that oil companies and car manufacturers like Nissan and Volkswagen are laying off thousands of workers due to a contracting economy.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">LAY OFFS to accelerate. Trump to eliminate 65000 jobs. Even oil companies laying off thousand of workers because the economy is contracting. Car companies such as Nissan and Volkswagen laying thousands of workers. It's not going to be a soft landing. STOP DREAMING. Prepare…
&mdash; Robert Kiyosaki (@theRealKiyosaki) <a href="https://twitter.com/theRealKiyosaki/status/1889918470227370045?ref_src=twsrc%5Etfw">February 13, 2025</a></blockquote>
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Kiyosaki, known for his financial literacy advocacy, further warned of a possible depression and war. 
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43423389/robert-kiyosaki-predicts-gold-silver-bitcoin-crash-over-trumps-tariffs-says-its-a-buying-moment">Robert Kiyosaki Predicts Gold, Silver, Bitcoin Crash Over Trump&#8217;s Tariffs—Says It&#8217;s A Buying Moment</a>
He emphasized the importance of preparation over pretense, advising his followers to&nbsp;stop listening to government officials&nbsp;promising a &#8220;soft landing&#8221;.
Why It Matters:&nbsp;Kiyosaki&#8217;s tweet comes at a time of economic uncertainty, with many industries facing layoffs due to the contracting economy. 
His warning about a potential market crash and depression resonates with many who are concerned about the future. 
His advice to prepare rather than pretend underscores the seriousness of the situation and his belief in the importance of financial education and preparedness.
Read Next
<a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42804530/robert-kiyosaki-predicts-massive-market-crash-save-gold-silver-bitcoin-crash-is-here" target="_blank" rel="noreferrer noopener">Robert Kiyosaki Predicts Massive Market Crash: ‘Save Gold, Silver, &amp; Bitcoin, Crash Is Here&#8217;</a>
Image: Shutterstock

Robert Kiyosaki Predicts Wall Street Crash and Layoffs: 'Prepare for Market Crash, Depression and War'

A Silicon Valley millionaire recently called "The Ramsey Show" with a <a href="https://www.youtube.com/watch?v=xaZmccCwKZc">question</a>: should he buy a $250,000 Lamborghini Huracán? The 39-year-old has a net worth of $3.66 million, built through hard work and successful company acquisitions. Earning $300,000 a year with a 30% bonus, he can afford the car, but wanted Dave Ramsey's take.
Ramsey didn't immediately dismiss the idea but instead posed some key considerations before making such a big purchase.
<h2 class="wp-block-heading">Ramsey's Rule for Big Purchases</h2>
Ramsey, a self-proclaimed &#8220;car nut,&#8221; follows a general rule for vehicle purchases. As he says, &#8220;You do not want to own all the things you have with motors or wheels to be more than about half your annual income.&#8221;
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In this case, the Lamborghini exceeds that threshold, though Ramsey noted it's not a strict rule. Instead, he introduced what he calls the &#8220;burn the money&#8221; test.
<h2 class="wp-block-heading">The &#8220;Burn The Money&#8221; Test</h2>
Ramsey explained to the caller what he and his wife Sharon do in case something &#8220;feels kind of like a weird large purchase.&#8221; They ask themselves, &#8220;If I took this much money and set fire to it, does my life change?&#8221;
If the answer is yes, then it's too expensive. Given the caller's net worth, Ramsey acknowledged that losing $250,000 wouldn't be catastrophic. However, he pointed out that luxury cars depreciate quickly.
&#8220;The 250 is going to be worth 150 in 20 minutes. You know that, right? We already established 450 turned into 250.&#8221; Even though the car had already depreciated significantly, <a href="https://www.benzinga.com/personal-finance/25/01/43039835/dave-ramsey-breaks-down-how-a-40000-car-depreciates-by-16000-over-5-years-says-its-not-a-path-to-prosperity-even-on-an-80000-salary">its value would continue to drop</a>.
Trending: BlackRock is calling 2025 the year of alternative assets. <a href="https://www.benzinga.com/money/masterworks">One firm from NYC has quietly built a group of 60,000+ investors who have all joined in on an alt asset class previously exclusive to billionaires like Bezos and Gates.</a>
Ramsey's biggest hesitation came from the caller's mortgage—$739,000 at a 6.74% interest rate. He strongly advised <a href="https://www.benzinga.com/personal-finance/24/12/42691699/i-dont-borrow-money-says-dave-ramsey-even-if-the-offer-is-1-billion-at-0-interest-for-the-next-decade">clearing that debt first</a>. &#8220;Before we buy toys, we grow up and pay off the mortgage.&#8221; The caller had enough in his <a href="https://www.benzinga.com/money/open-brokerage-account">brokerage account</a> to pay off his house and still afford the car while maintaining his net worth.
<h2 class="wp-block-heading">Who Are You Buying the Car For?</h2>
And lastly, Ramsey also asks himself this: &#8220;If no one ever sees this car and only I see it and enjoy it, do I still want it?&#8221; If the answer is yes, then the purchase might be justified. If it's about impressing others, that's a red flag. The caller agreed.&nbsp;
So, is a $250,000 Lamborghini a bad idea? Not necessarily. But as Ramsey suggests, make sure you're not making the purchase at the expense of financial stability.
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Silicon Valley Millionaire Asks Dave Ramsey If He Should Buy A $250,000 Lamborghini—Here's What 'Car Nut' Ramsey Always Asks Himself

The Office of the <a href="https://www.benzinga.com/markets/25/01/43219362/bank-of-americas-sensitive-customer-data-compromised-in-third-party-hack-is-your-account-safe">Maine Attorney General</a> announced that in a significant cybersecurity breach, the personal, medical and financial records of more than 569,000 Americans have been exposed.
What Happened: The California-based non-profit organization NorthBay Healthcare Corporation fell victim to an external system breach. The unauthorized entity infiltrated the firm&#8217;s computer systems from January 11 to April 1, 2024.
According to the <a href="https://www.maine.gov/agviewer/content/ag/985235c7-cb95-4be2-8792-a1252b4f8318/88fc9df0-3e37-449b-81ca-4f5dfebb7385.html">report</a> by the Office of the Maine Attorney General, the breach laid bare sensitive data such as names, birthdays, Social Security numbers, passport numbers, financial account numbers, medical and biometric information, health insurance details, driver's license numbers, and state or other government-issued identification numbers.
The intruders also procured&nbsp;usernames and passwords, credit or&nbsp;debit card numbers, expiration dates,&nbsp;security codes,&nbsp;and personal identification numbers (PINs).
Also Read: <a href="https://www.benzinga.com/news/25/02/43424074/td-bank-confirms-data-breach-account-numbers-and-sensitive-customer-info-exposed">TD Bank Confirms Data Breach: Account Numbers and Sensitive Customer Info Exposed</a>
NorthBay Health&nbsp;has since overhauled its security protocols to avert future data breaches. The firm is also advising affected customers to keep a close eye&nbsp;on their credit reports and&nbsp;account statements, offering a complimentary&nbsp;one-year membership to Experian IdentityWorks.&nbsp;
Currently, the firm has&nbsp;not detected any misuse of&nbsp;its customer data for fraudulent activities or identity theft.
Why It Matters:&nbsp;This incident underscores the growing threat of cyber attacks on healthcare institutions, which often hold a wealth of sensitive information. 
The breach at NorthBay Health is a stark reminder of the importance of robust cybersecurity measures in protecting such critical data. 
The incident also highlights the potential risks to individuals whose personal information is exposed in such breaches, including the possibility of identity theft and financial fraud.
Read Next
<a href="https://www.benzinga.com/news/24/10/41305389/major-banks-suffer-data-breaches-how-safe-is-your-information">Major Banks In US Suffer Data Breaches: How Safe Is Your Information?</a>
Image: Shutterstock

Tech

Massive Data Breach Exposes Americans' Financial Details — Names, Card Numbers, PINs and More at Risk

The perfect storm of Registered Investment Advisor (RIA) mergers and acquisitions (M&amp;A) is only growing stronger. According to a <a href="https://clearingcustody.fidelity.com/app/literature/report/9887538/fidelity-wealth-management-ma-transaction.html">new study</a> by Fidelity Investments, 2015 saw 89 RIA M&amp;A deals, while last year saw a whopping 233.
Over the same decade, the value of acquired assets grew from $130 billion to almost $670 billion. This growth happened despite the spike in interest rates over that time.
The reasons are clear: advisory owners are growing older and looking for an exit strategy that lets them cash out and retire.
What is changing, according to Fidelity, is how buyers are acting, and who they&#8217;re buying. Acquirers are becoming much more active in setting up a growth path for the RIAs they buy and merge. RIAs with more than $1 billion in client assets are beginning to get bought up too and lots of new buyers are making moves recently.
But it&#8217;s the serial acquirers that continue to lead the pack. Focus Financial, for example, closed 21 RIA M&amp;A deals last year across its affiliates, while Wealth Enhancement Group bought 12 and Waverly advisors 10.
Clearly, there&#8217;s a lot of appetite out there for buying and consolidating the RIA space.
Appetite is so high, in fact, that last October was the strongest ever month for RIA M&amp;A, Fidelity reports. This is down to deals taking about seven to nine months to close. So targets that get identified at the beginning of a year will end up acquired toward the end of that year.
Second, the presidential campaign included ideas about changing the tax treatment of unrealized capital gains, which may have pushed companies to close their deals before the New Year.
With that now looking less likely and interest rates down, it seems this RIA M&amp;A wave isn&#8217;t going away anytime soon. Small and large RIAs should take note, decide if they want to join in, and if so, work to increase transparency, reduce revenue risks and develop clear plans for how to support and grow revenue streams, including through reaching new, younger clients.
Photo: Shutterstock

Financial Advisors

RIA Acquisitions Are At Record Highs - Here's Why

The week was a rollercoaster for the auto industry, with President Donald Trump hinting at potential tariffs on automobiles, and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares taking a hit. Meanwhile, Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) CEO Dara Khosrowshahi expressed optimism for a partnership with Tesla, and Elon Musk&#8217;s Boring Company announced plans for a Dubai Loop. Lastly, Musk&#8217;s SpaceX Starbase facility is on its way to becoming an official city. Here&#8217;s a closer look at these stories.
Trump Eyes Auto Industry for Next Tariff Move
President Donald Trump suggested the possibility of imposing tariffs on automobiles, hinting at a move as early as April 2. This continues his aggressive trade policy, with the auto industry being his next target.
<a href="https://www.benzinga.com/tech/25/02/43755055/tesla-ford-gm-in-focus-after-tariffs-on-china-mexico-and-canada-trump-now-eyes-auto-industry-for-next-move">Read the full article here.</a>
Tesla&#8217;s Stock Takes a Dive
Tesla&#8217;s stock has plunged over 25% from its December peak, and analysts, including Fundstrat&#8217;s Mark Newton, believe it hasn&#8217;t bottomed out yet. Newton predicts another downward move in the next one or two weeks, potentially tumbling 12% below current levels.
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/02/43726337/tsla-stock-has-plunged-over-25-from-its-december-peak-and-this-analyst-says-it-has-not-bottomed-yet-one-more-move-down-which-could-happen-over-the">Read the full article here.</a>
Uber CEO Hints at Tesla Partnership
Uber CEO Khosrowshahi expressed optimism for a potential partnership with Tesla, where Tesla would deploy its autonomous vehicles on Uber&#8217;s platform. Khosrowshahi stated that he does not wish to compete against Tesla or Musk, if possible.
<a href="https://www.benzinga.com/25/02/43724986/uber-ceo-looks-forward-to-tesla-partnership-for-robotaxis-no-one-wants-to-compete-against-tesla-or-elon">Read the full article here.</a>
Musk&#8217;s Boring Company to Build Dubai Loop
The Boring Company has entered into a Memorandum of Understanding with the Roads and Transport Authority of Dubai to build a loop system in Dubai. The project, dubbed Dubai Loop, will initially be capable of transporting over 20,000 passengers per hour.
<a href="https://www.benzinga.com/25/02/43723200/billionaire-elon-musks-boring-company-to-resolve-traffic-outside-us-with-its-loop-system-but-without-a-deadline">Read the full article here.</a>
SpaceX&#8217;s Starbase to Become a New City
SpaceX&#8217;s Starbase facility will &#8220;soon&#8221; be an official new city, according to CEO Musk. This follows Cameron County Judge Eddie Treviño, Jr.&#8217;s order for an election for the incorporation of Starbase as a Type-C municipality.
<a href="https://www.benzinga.com/general/space/25/02/43686003/spacex-ceo-elon-musk-says-starbase-will-soon-be-a-new-city-after-cameron-county-judge-orders-incorporation-election">Read the full article here.</a>
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<li><a href="https://www.benzinga.com/25/02/43754366/mark-zuckerberg-follows-elon-musks-footsteps-as-meta-reportedly-plans-major-investment-into-ai-powered-humanoid-robots">Mark Zuckerberg Follows Elon Musk&#8217;s Footsteps As Meta Reportedly Plans Major Investment Into AI-Powered Humanoid Robots</a></li>
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Image generated using Dall-E
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>

UBER

Trump's Auto Tariffs, Tesla's Stock Plunge, Uber's Tesla Partnership, Musk's Dubai Loop And Starbase City

The&nbsp;United States&nbsp;and the&nbsp;United Kingdom&nbsp;declined to sign a global AI safety declaration at the&nbsp;AI Action Summit&nbsp;in Paris,&nbsp;marking a departure&nbsp;from previous AI summits where they&nbsp;<a target="_blank" href="https://www.benzinga.com/25/02/43646841/us-and-uk-did-not-sign-ai-safety-pact-at-paris-summitvice-president-jd-vance-says-excessive-regulation-could-kill-the-industry" rel="noreferrer noopener">had supported similar agreements</a>.
Earnings Results
Lyft Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) reported&nbsp;fourth-quarter&nbsp;revenue of&nbsp;$1.6 billion, beating analyst estimates of&nbsp;$1.56 billion and&nbsp;net income of&nbsp;$61.7 million, versus a loss of&nbsp;$26.3 million&nbsp;<a target="_blank" href="https://www.benzinga.com//node/43641962" rel="noreferrer noopener">in the prior&nbsp;year's&nbsp;quarter</a>.&nbsp;
Technology &amp; Network
Elon&nbsp;Musk's&nbsp;X&nbsp;has reportedly agreed to a $10 million settlement in a&nbsp;<a target="_blank" href="https://www.benzinga.com/news/legal/25/02/43680987/elon-musks-x-to-pay-trump-10-million-over-twitter-ban-after-zuckerbergs-meta-coughed-up-25-million-who-else-is-left" rel="noreferrer noopener">lawsuit initiated by&nbsp;</a><a target="_blank" href="https://www.benzinga.com/news/legal/25/02/43680987/elon-musks-x-to-pay-trump-10-million-over-twitter-ban-after-zuckerbergs-meta-coughed-up-25-million-who-else-is-left" rel="noreferrer noopener">Donald Trump</a>.
T-Mobile U.S. Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) offered free access to its satellite-to-cell beta service, powered&nbsp;<a href="https://www.benzinga.com/tech/25/02/43582884/elon-musks-spacex-and-t-mobile-go-live-with-starlink-powered-satellite-to-cell-service-heres-how-much-it-will-cost" target="_blank" rel="noreferrer noopener">by&nbsp;</a><a href="https://www.benzinga.com/tech/25/02/43582884/elon-musks-spacex-and-t-mobile-go-live-with-starlink-powered-satellite-to-cell-service-heres-how-much-it-will-cost" target="_blank" rel="noreferrer noopener">SpaceX's&nbsp;Starlink</a><a href="https://www.benzinga.com/tech/25/02/43582884/elon-musks-spacex-and-t-mobile-go-live-with-starlink-powered-satellite-to-cell-service-heres-how-much-it-will-cost" target="_blank" rel="noreferrer noopener">, for all users</a>.
Tubi&nbsp;is offering a free live stream of Super Bowl LIX, but if&nbsp;you're&nbsp;trying&nbsp;to cast it to your TV using&nbsp;Chromecast (Google Cast),&nbsp;it's&nbsp;<a href="https://www.benzinga.com/general/entertainment/25/02/43583335/cant-watch-super-bowl-lix-on-chromecast-via-tubi-the-issue-lies-in-the-app-not-google" target="_blank" rel="noreferrer noopener">reportedly not working&nbsp;as expected</a>.
Alphabet&nbsp;Inc.&#8217;s&nbsp;Google&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) confirmed that its annual developer conference, Google I/O 2025, will take place on May 20-21 at the Shoreline&nbsp;<a href="https://www.benzinga.com/25/02/43649987/google-io-2025-officially-set-for-may-20-21-heres-what-to-expect-from-ai-breakthroughs-to-the-future-of-android-and-pixel-9a" target="_blank" rel="noreferrer noopener">Amphitheater in Mountain View, California</a>.
Smartphones
Apple Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) rolled out&nbsp;iOS 18.3.1&nbsp;and&nbsp;iPadOS 18.3.1&nbsp;updates. The updates address a vulnerability that could disable USB Restricted&nbsp;<a href="https://www.benzinga.com/25/02/43613306/ios-1831-released-with-critical-security-fix-apple-confirms-usb-restricted-mode-vulnerability-was-actively-exploited" target="_blank" rel="noreferrer noopener">Mode on locked devices, said Apple</a>.
Apple is reportedly ramping up its recruitment efforts for its home robotics division. In his latest weekly&nbsp;&#8220;Power On&#8221;&nbsp;newsletter, Bloomberg columnist&nbsp;Mark Gurman&nbsp;said that the company has posted several job listings for robotics&nbsp;<a href="https://www.benzinga.com/media/25/02/43583398/top-analyst-says-apple-has-ramped-up-hiring-for-home-robotics-team" target="_blank" rel="noreferrer noopener">specialists over the past few weeks</a>.
Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/25/02/43583166/apple-watch-users-are-strapping-them-to-their-anklesand-some-people-are-seriously-confused" rel="noreferrer noopener">Apple Watch Users Are Strapping Them To Their Ankles —&nbsp;Here&#8217;s&nbsp;Why&nbsp;Its&nbsp;Leaving Some People Bewildered</a>
Apple played a major role in&nbsp;Super Bowl LIX&nbsp;without overtly advertising its products, a move that YouTuber and reviewer&nbsp;<a href="https://www.benzinga.com/25/02/43613962/apples-super-bowl-lix-strategy-was-discretely-genius-says-youtuber-nikias-molinaheres-how-it-stole-the-spotlight-without-selling-a-single-product" target="_blank" rel="noreferrer noopener">Nikias Molina</a><a href="https://www.benzinga.com/25/02/43613962/apples-super-bowl-lix-strategy-was-discretely-genius-says-youtuber-nikias-molinaheres-how-it-stole-the-spotlight-without-selling-a-single-product" target="_blank" rel="noreferrer noopener">&nbsp;called&nbsp;&#8220;discretely genius.&#8221;</a>
Apple&nbsp;renamed the Gulf of Mexico to the Gulf of America on its Maps app, following an&nbsp;executive order signed&nbsp;by U.S. President&nbsp;<a target="_blank" href="https://www.benzinga.com/25/02/43647452/apple-follows-trumps-order-renames-gulf-of-mexico-google-already-made-the-change-but-these-two-companies-are-holding-out" rel="noreferrer noopener">Donald Trump</a><a target="_blank" href="https://www.benzinga.com/25/02/43647452/apple-follows-trumps-order-renames-gulf-of-mexico-google-already-made-the-change-but-these-two-companies-are-holding-out" rel="noreferrer noopener">&nbsp;on his first day in office</a>.
Apple&nbsp;quietly rolled out a purchase migration feature, allowing users to consolidate purchases made on a secondary&nbsp;<a target="_blank" href="https://www.benzinga.com/tech/25/02/43648245/apple-id-switching-no-longer-needed-heres-how-to-migrate-your-apps-music-or-subscriptions" rel="noreferrer noopener">account into their primary one</a>.&nbsp;
Huawei Technologies&nbsp;has found an unconventional way to boost smartwatch sales in China—by&nbsp;<a target="_blank" href="https://www.benzinga.com/media/25/02/43615376/apple-watch-dominance-under-new-threat-as-huawei-registers-smartwatch-as-medical-device" rel="noreferrer noopener">registering them as medical devices</a>.
Artificial Intelligence (AI)
Hank Azaria, the iconic voice behind some of&nbsp;&#8220;The Simpsons&#8221;&nbsp;most beloved characters, put artificial intelligence to the test to see if it could accurately replicate his voice—and the&nbsp;<a target="_blank" href="https://www.benzinga.com/25/02/43585322/can-ai-replace-the-voice-of-the-simpsons-hank-azaria-puts-it-to-the-testand-the-results-speak-volumes" rel="noreferrer noopener">results left much to&nbsp;be desired</a>.
OpenAI&#8217;s&nbsp;AI-powered chatbot&nbsp;ChatGPT's&nbsp;rise in web traffic has propelled it past&nbsp;Elon&nbsp;Musk&#8217;s&nbsp;X&nbsp;and&nbsp;Yahoo, making it the sixth most-<a target="_blank" href="https://www.benzinga.com/25/02/43613038/openais-chatgpt-surpasses-elon-musks-x-and-yahoo-to-rank-sixth-most-visited-website-globally-sam-altman-says-still-a-long-way-to-go-to-run-down-google" rel="noreferrer noopener">visited website globally in January 2025</a>.
Jeff&nbsp;Bezos-backed&nbsp;Anthropic&#8217;s&nbsp;Economic Index report on Monday showed that AI adoption is booming in software development and technical writing, while jobs requiring&nbsp;<a target="_blank" href="https://www.benzinga.com/tech/25/02/43613615/who-is-really-using-ai-jeff-bezos-backed-anthropic-did-a-study-and-this-is-what-they-found" rel="noreferrer noopener">physical labor remain largely unaffected</a>.&nbsp;&nbsp;
OpenAI&#8217;s&nbsp;board has not officially received&nbsp;Elon&nbsp;Musk&#8217;s&nbsp;$97.4 billion takeover bid, despite claims from the&nbsp;Tesla&nbsp;CEO&#8217;s&nbsp;legal&nbsp;<a target="_blank" href="https://www.benzinga.com/media/25/02/43646042/elon-musks-97-4-billion-openai-takeover-bid-reportedly-not-received-by-chatgpt-parent-another-one-of-his-tactics-says-sam-altman" rel="noreferrer noopener">team that&nbsp;the offer was sent</a>.
OpenAI is set to streamline its artificial intelligence offerings by phasing out the standalone ‘o3' <a href="https://www.benzinga.com/25/02/43682008/openai-phases-out-standalone-o3-gpt-5-to-offer-unified-aialtman-reveals-vague-release-timelines-after-admitting-we-hate-the-model-picker-as-much-as-you-do" target="_blank" rel="noreferrer noopener">model, said CEO </a><a href="https://www.benzinga.com/25/02/43682008/openai-phases-out-standalone-o3-gpt-5-to-offer-unified-aialtman-reveals-vague-release-timelines-after-admitting-we-hate-the-model-picker-as-much-as-you-do" target="_blank" rel="noreferrer noopener">Sam Altman</a>.
Image: Shutterstock

Equities

Large Cap

AAPL

GOOG

LYFT

TMUS

Consumer Tech News (Feb 10-Feb 14): US & UK Denied Signing Global AI Safety Declaration, Musk To Settle $10 Million Trump Lawsuit & More

Coca-Cola (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>)&nbsp; is weighing a shift toward more plastic bottles in the U.S. as new aluminum <a href="https://www.benzinga.com/startups/25/02/43572782/gm-ceo-on-trumps-trade-threats-we-can-adjust-to-anything-automaker-braces-for-25-tariffs-on-popular-cars-made-in-mexico-and-canada">tariffs</a> threaten to drive up production costs.&nbsp;
The 25% tariff, announced by President Donald Trump, <a href="https://www.ft.com/content/12b16867-4e0e-4534-8a00-922665e680aa">takes effect on March 12</a> and applies to foreign steel and aluminum. Since Coca-Cola imports aluminum for its cans from Canada, the company is looking at ways to keep prices stable.
"If aluminum cans become more expensive, we can put more emphasis on PET bottles," Coca-Cola CEO James Quincey told investors in an <a href="https://seekingalpha.com/article/4757080-the-coca-cola-company-ko-q4-2024-earnings-call-transcript">earnings call</a> this week. He acknowledged that packaging costs are just one part of the company's overall expenses but said rising aluminum prices still matter.&nbsp;
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"I think we're in danger of exaggerating the impact of the 25% increase in the aluminum price relative to the total system," Quincey said. "It's not insignificant, but it's not going to radically change a multibillion-dollar U.S. business."
Coca-Cola has been selling more drinks in aluminum cans in recent years as part of its sustainability efforts. Still, in 2023, nearly half (47.7%) of its beverages were packaged in plastic, while aluminum and steel cans made up just 26%, according to the company's most recent <a href="https://www.coca-colacompany.com/content/dam/company/us/en/reports/2023-environmental-update/2023-environmental-update.pdf#page=9">environmental report</a>.&nbsp;
The company had set a goal to make all of its packaging recyclable this year and to use at least 50% recycled content by 2030. But as of last year, only 17% of its PET plastic contained recycled material.
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The tariffs aren't just a concern for beverage companies. Automakers like Ford (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) also rely heavily on aluminum, and CEO Jim Farley warned the new policy could create "blow a hole," in the US auto industry, according to media reports. The tariffs come as part of Trump's broader trade strategy, which this time he says will be enforced "without exceptions or exemptions."
If Coca-Cola does increase its use of plastic, it's likely to draw criticism. The company has repeatedly been named the <a href="https://www.breakfreefromplastic.org/2024/02/07/bffp-movement-unveils-2023-global-brand-audit-results/">world's top plastic polluter</a>. According to Break Free From Plastic's 2023 audit, Coca-Cola produces more than 3 million tons of plastic packaging each year.&nbsp;
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Environmental advocates argue that shifting away from aluminum—despite its higher costs—could make it harder to meet global recycling goals, particularly in areas with limited waste management infrastructure.
Meanwhile, <a href="https://www.benzinga.com/startups/25/02/43463099/donald-trumps-25-tariff-plan-only-tough-measures-will-level-the-playing-field-kevin-oleary-explains-the-strategy">Trump</a> has also moved to bring back plastic drinking straws, <a href="https://www.whitehouse.gov/fact-sheets/2025/02/fact-sheet-president-donald-j-trump-ends-the-procurement-and-forced-use-of-paper-straws/">rolling back federal rules</a> that encouraged paper alternatives. The decision follows complaints from businesses about the cost and durability of paper straws, which many consumers say don't hold up as well as plastic.
Coca-Cola says it remains committed to sustainability despite the challenges. "We aim to collect and recycle a bottle or can for each one sold by 2030," the company said in its sustainability update. In 2023, it reported that 62% of its packaging was collected for recycling or refilled, and 90% was technically recyclable.
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Coca-Cola Warns Trump's Tariffs Could Force It to Use More Plastic – 'If Aluminium Cans Become More Expensive, We Can Shift to PET'

John Goodman has been one of the most recognizable faces in Hollywood since first appearing in "Roseanne" in 1988. The versatile actor has called <a href="https://www.benzinga.com/general/sports/25/01/42771050/new-orleans-beefs-up-security-ahead-of-sugar-bowl-tickets-plummet-to-25-as-fans-leave-town">New Orleans</a> home for over two decades. Things are about to change, though, as Goodman and his wife, Anna Beth, have listed their longtime abode — a historic<a href="https://www.2425coliseum.com/"> Italianate-Greek Revival residenc</a>e — for $5.5 million.
<h2 class="wp-block-heading">Show Biz Pedigreed Home</h2>
The couple, who lost their part-time home in L.A.— purchased in 2007 for $4.7 million — in the <a href="https://www.benzinga.com/real-estate/25/02/43502997/californias-state-run-insurer-of-last-resort-could-be-facing-10b-bill-for-covering-pacific-palisades-and-altadena-fire-claims">Pacific Palisades wildfire</a>, plan to stay in New Orleans, near Anna Beth&#8217;s family. Their current home has some show-biz pedigree, as the Goodmans bought it from Nine Inch Nails frontman Trent Reznor in an off-market deal in 2005 for $1.8 million.
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The grandiose property was built in the mid-1800s and has four bedrooms and five baths over almost 5,000 square feet of living space featuring 14-foot ceilings, intricate plaster medallions, hand-carved millwork, and six fireplaces. Listing agent Hyatt Hood of Berkshire Hathaway HomeServices Preferred Realtors <a href="https://robbreport.com/shelter/celebrity-homes/john-goodman-house-new-orleans-1236196531/">told the Robb Report</a> that the sale was a downsizing move.&nbsp;
&#8220;John and Anna Beth have spent the past 20 years raising their family in this beautiful home, and it has been a truly special place for them,&#8221; he said. &#8220;Now, as empty nesters, they are ready to downsize. Additionally, John&#8217;s busy work schedule keeps him traveling between both coasts and beyond. That said, they absolutely love New Orleans and will continue to maintain a home here—the city remains an important part of their lives.&#8221;
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<h2 class="wp-block-heading">A House Divided</h2>
Like many celebrities, Goodman has long since divided his time between New Orleans, where he lives, and L.A., where he often works. Other celebrities with homes in the Big Easy include Reznor,&nbsp; Lil&#8217; Wayne, Emeril Bagasse, Trent Reznor, Master P, Jennifer Coolidge, <a href="https://www.benzinga.com/real-estate/24/09/40957620/celebrity-property-portfolios-soar-with-bezos-and-oprah-tied-for-the-top-spot">Sandra Bullock</a>, Brad Pitt, and Nicholas Cage. After starting a family, Goodman told <a href="https://www.theguardian.com/culture/2015/apr/05/john-goodman-many-times-i-could-have-gone-under-interview-american-buffalo#:~:text=At%20the%20time%20Roseanne%20really,had%20it,%E2%80%9D%20he%20says.">The Guardian</a> in 2015 that the choice to move away from Hollywood was a no-brainer.
&#8220;I&#8217;d had it with show business, publicity, tabloid stuff – I&#8217;d just had it,&#8221; he said. &#8220;I kind of wanted to get her, my daughter, away from that."&nbsp;
<h2 class="wp-block-heading">A Long And Lucrative Career</h2>
<a href="https://www.therichest.com/celebnetworth/celeb/john-goodman-net-worth/">TheRichest.com</a> puts Goodman&#8217;s net worth at $65 million, accrued over years of long-running TV shows and blockbuster movies, whereas<a href="https://www.thethings.com/john-goodman-football-player-actor-net-worth/"> thethings.com</a> puts it higher at $75 million. Other websites put his net worth at half that amount. He became a fixture in US households playing Dan Connor in "Roseanne," and when he reprised the role in the spin-off "The Conners" in 2018, he was paid<a href="https://www.gobankingrates.com/net-worth/celebrities/the-largest-and-most-surprising-salaries-for-25-tv-actors/#"> $400,000 per episode</a>.
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<h2 class="wp-block-heading">The Demon Drink</h2>
Despite his on-screen success, Goodman has suffered demons off it, telling<a href="https://www.theguardian.com/film/2012/oct/26/john-goodman-argo-ben-affleck"> The Guardian in 2012</a>, of his alcoholism: &#8220;It was 30 years of a disease that was taking its toll on everyone around me, and it had got to the point where, every time I did it, it was becoming more and more debilitating. It was life or death. It was time to stop,&#8221; he said.&nbsp;&nbsp;&nbsp;
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Real Estate

Actor John Goodman Lists His Historic New Orleans Home For $5.5 Million. Here's How The Veteran Actor Made His Fortune

These ten mid-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>WeRide Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>) shares rocketed 97.62% after NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) disclosed a stake of 1.74 million shares in a 13F filing.</li>
<li>GDS Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDS#NASDAQ">GDS</a>) stock escalated 43.45%, probably after President Trump had reportedly postponed tariffs on packages under $800 from China. Additionally, optimism towards China&#8217;s DeepSeek AI model has also lifted stocks recently.</li>
<li>SpringWorks Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWTX#NASDAQ">SWTX</a>) shares jumped 42.58% after announcing Merck KGaA (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MKGAF#OTC">MKGAF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MKKGY#OTC">MKKGY</a>) is in advanced <a href="https://www.benzinga.com//node/43631130" target="_blank" rel="noreferrer noopener">discussions to acquire the company</a>.</li>
<li>Recursion Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RXRX#NASDAQ">RXRX</a>) shares increased 40.59%.</li>
<li>Sable Offshore Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOC#NYSE">SOC</a>) stock upped 39.09%.</li>
<li>GeneDx Holdings Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WGS#NASDAQ">WGS</a>) shares rose 28.23%  after the company announced UltraRapid Whole Genome Sequencing, which will deliver actionable <a href="https://www.benzinga.com//node/43692155" target="_blank" rel="noreferrer noopener">results within 48 hours</a>.</li>
<li>VNET Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNET#NASDAQ">VNET</a>) stock upped 28.22%, probably amid a possible rebound after falling last week due to AI competition concerns related to China&#8217;s DeepSeek AI model.</li>
<li>Insperity, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSP#NYSE">NSP</a>) stock increased 25.99% after the company reported better-than-<a href="https://www.benzinga.com//node/43590222" target="_blank" rel="noreferrer noopener">expected fourth-quarter results</a>.</li>
<li>CRISPR Therapeutics AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRSP#NASDAQ">CRSP</a>) stock grew 25.21% after the company reported better-than-<a href="https://www.benzinga.com//node/43639785" target="_blank" rel="noreferrer noopener">expected fourth-quarter financial results</a>. Several analysts raised the price <a href="https://www.benzinga.com/quote/crsp/analyst-ratings" target="_blank" rel="noreferrer noopener">forecast on the stock</a>.</li>
<li>Axsome Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXSM#NASDAQ">AXSM</a>) stock grew 24.01% after the company reached a settlement agreement with Teva Pharmaceutical (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEVA#NYSE">TEVA</a>), resolving all patent <a href="https://www.benzinga.com//node/43601535" target="_blank" rel="noreferrer noopener">litigation related to its Auvelity product</a>. Several analysts raised <a href="https://www.benzinga.com/quote/axsm/analyst-ratings" target="_blank" rel="noreferrer noopener">the price forecast on the stock</a>.</li>
</ol>
Photo via WeRide

Mid Cap

Movers

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WeRide, CRISPR And GeneDx Are Among Top 10 Mid-Cap Gainers Last Week (Feb 10-Feb 14): Are The Others In Your Portfolio?

These eleven large-cap stocks were the worst performers in the last week. Are they in your portfolio?
<ol>
<li>West Pharmaceutical Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WST#NYSE">WST</a>) stock tumbled 33.22% after it reported fourth-quarter results and provided <a href="https://www.benzinga.com//node/43704837" target="_blank" rel="noreferrer noopener">weaker-than-expected 2025 guidance</a>.</li>
<li>The Trade Desk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) stock dipped 31.66% after the company reported worse-than-expected 2024 fiscal-year fourth-quarter earnings and <a href="https://www.benzinga.com//node/43701094" target="_blank" rel="noreferrer noopener">analysts cut the price forecast</a>.</li>
<li>Fidelity National Information Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIS#NYSE">FIS</a>) shares fell 17.31% after the company reported fourth-quarter results and several analysts <a href="https://www.benzinga.com//node/43671119" target="_blank" rel="noreferrer noopener">lowered the price forecast</a>.</li>
<li>Comfort Systems USA, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIX#NYSE">FIX</a>) stock declined 14.96%.</li>
<li>Twilio Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TWLO#NYSE">TWLO</a>) shares tumbled 14.06% after the company reported <a href="https://www.benzinga.com//node/43714858" target="_blank" rel="noreferrer noopener">fourth-quarter financial results</a>. Analysts revised the <a href="https://www.benzinga.com/quote/twlo/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast on the stock</a>.</li>
<li>GoDaddy Inc. (NYSE: GDDY) shares fell 13.82% after the company reported fourth-quarter results and analysts changed <a href="https://www.benzinga.com//node/43736943" target="_blank" rel="noreferrer noopener">their price forecasts</a>.</li>
<li>Astera Labs, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>) stock dived 13.27% after it reported first-quarter financial results <a href="https://www.benzinga.com//node/43637593" target="_blank" rel="noreferrer noopener">and missed its EPS estimate</a>.</li>
<li>Hyatt Hotels Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) fell 12.97% last week following a <a href="https://www.benzinga.com//node/43699989" target="_blank" rel="noreferrer noopener">Q4 earnings miss</a>. Analysts lowered <a href="https://www.benzinga.com/quote/H/analyst-ratings" target="_blank" rel="noreferrer noopener">their price forecast</a> on the stock.</li>
<li>Reddit Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) shares tanked 12.81% after the company reported fourth-quarter results and several <a href="https://www.benzinga.com//node/43709134" target="_blank" rel="noreferrer noopener">analysts revised the price forecast</a>.</li>
<li>Ubiquiti Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UI#NYSE">UI</a>) shares fell 12.51% after it <a href="https://www.benzinga.com//node/43556594" target="_blank" rel="noreferrer noopener">reported quarterly earnings</a>. Analysts revised the <a href="https://www.benzinga.com/quote/ui/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast on the stock</a>.</li>
<li>Zebra Technologies Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZBRA#NASDAQ">ZBRA</a>) stock decreased 12.40% after the company <a href="https://www.benzinga.com//node/43705227" target="_blank" rel="noreferrer noopener">reported results for the fourth quarter</a>. Many analysts <a href="https://www.benzinga.com/quote/zbra/analyst-ratings" target="_blank" rel="noreferrer noopener">trimmed the price forecasts</a>.</li>
</ol>
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Reddit, GoDaddy & Trade Desk Are Among Top 11 Large-Cap Losers Last Week (Feb 10-Feb 14): Are The Others In Your Portfolio?

<a href="https://www.benzinga.com/news/25/02/43669470/im-so-sorry-dave-ramsey-left-speechless-after-hearing-the-capital-gains-tax-a-canadian-restaurant-owner-would-owe-if-he-sold-his-business">Dave Ramsey</a> has made his stance clear on corporate taxes and how they affect regular Americans. In a <a href="https://www.youtube.com/shorts/QaHbofQy-qU">recent clip</a> "The Ramsey Show" posted on YouTube Shorts, Ramsey explains that the idea of taxing corporate America is "mythology."
"The company that I own is a corporation," he explained. "Now, if you raise the taxes on that company, on your basis, then do you not think the cost of a ‘Total Money Makeover' book or the cost of a ‘Financial Peace' kit for you to attend the class is gonna go up?"
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Ramsey used his own business as an example to show that when companies face higher taxes, it's the consumer who ends up paying. Economists have argued this idea for years: when corporate taxes go up, the cost is usually passed on to consumers through higher prices, employees through lower wages, and shareholders through decreased returns.
But not everyone agrees with this view.
Corporate taxes have been a point of debate for a long time. In 2017, the Trump administration lowered the corporate tax rate from 35% to 21% with the Tax Cuts and Jobs Act. Supporters of the cuts believed this would spark growth and lead to better wages for workers. However, a survey from the National Association for Business Economics found that only 4% of businesses actually increased hiring as a result of the tax change.
Trending: How do billionaires pay less in income tax than you?<a href="https://www.benzinga.com/money/tax-deferring-adv"> Tax deferring is their number one strategy</a>.
During his campaign for a second term, President Donald Trump even proposed further <a href="https://www.benzinga.com/startups/24/10/41291635/are-trumps-proposed-corporate-tax-cuts-the-key-to-unleashing-a-stock-market-boom-heres-what-history">cutting corporate taxes to 15%</a>. Whether this will happen remains to be seen, but the debate continues.
Despite arguments for tax cuts boosting the economy, many Americans believe corporations need to pay more. A <a href="https://news.gallup.com/opinion/polling-matters/652151/americans-stand-taxes.aspx">Gallup poll</a> found that 70% of Americans feel big companies don't pay enough taxes. Public opinion on this issue differs by political affiliation, with 94% of Democrats, 78% of Independents, and 63% of Republicans supporting higher corporate tax rates.
Supporters of raising corporate taxes argue that businesses should contribute more to support public services and infrastructure. <a href="https://www.benzinga.com/personal-finance/25/02/43578641/bernie-sanders-says-we-must-not-savage-programs-for-working-families-to-provide-huge-tax-breaks-for-billionaires">Bernie Sanders</a> (I-VT) has been vocal about this, saying, "At a time of massive wealth and income inequality and soaring corporate profits, it is an outrage that many large, profitable corporations continue to pay little to nothing in federal income taxes."
Chuck Marr and his team at the Center on Budget and Policy Priorities argue that the 2017 tax cuts mainly benefited wealthy individuals, and they believe raising the corporate tax rate to 28% could generate $1.3 trillion over the next decade, providing funding for critical public needs.
See Also: <a href="https://www.benzinga.com/money/mark-cubans-advice-for-lotto-winners">Many are surprised by Mark Cuban's advice for lotto winners: Cash or annuity?</a>
On the other hand, opponents of <a href="https://www.benzinga.com/startups/24/10/41658421/no-one-in-the-u-s-would-have-to-pay-a-dime-in-taxes-warren-buffett-on-berkshire-hathaways-federal-ta">higher corporate taxes</a> say it could slow down economic growth, lead to higher prices for consumers, and push businesses to move abroad. Rep. Carol Miller (R-WV) wrote in <a href="https://fortune.com/2024/09/25/rep-miller-raising-corporate-tax-rate-hurt-american-business-investment-consumers-politics-congress-economy/?abc123">Fortune</a> in September that raising corporate taxes would "slow economic growth, reduce jobs, and weaken U.S. competitiveness."
Economists like E.J. Antoni from the Heritage Foundation argue that corporations don't truly bear the tax burden—consumers, workers, and shareholders do. He said taxes are simply another cost of doing business, and those costs end up being passed on to people in different ways.
The corporate tax debate is ongoing, with strong opinions on both sides. While Ramsey and others argue that consumers ultimately pay the price, those in favor of raising taxes believe it's necessary for fairness and to support essential public services. As the conversation continues, the effects on businesses, workers, and everyday people will remain a major point of discussion.
Read Next:
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<li>The average 401(k) balance soars to a record-breaking high – <a href="https://www.benzinga.com/money/average-401k-balances-soars-to-record-high">Here's how to know if your nest egg is keeping pace.</a></li>
<li><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.</li>
</ul>

'The Idea That You're Going To Tax Corporate America Is Mythology' Dave Ramsey Says, The Consumer Always Pays

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