On Friday, President Donald Trump celebrated a Congressional Budget Office report projecting that his sweeping tariffs will reduce U.S. deficits by $4 trillion over the next decade, even as analysts caution the levies could weigh on economic growth and face legal challenges.



<h2 class="wp-block-heading">CBO Projects Historic Deficit Reduction From Tariff Revenue</h2>



The nonpartisan CBO said tariffs imposed this year are expected to reduce primary deficits by $3.3 trillion through 2035, with an additional $700 billion in savings from lower interest costs, bringing the total reduction to $4 trillion, <a href="https://www.ft.com/content/f996ece9-d9e2-4a06-957a-487994f6a7e7">reported</a> the Financial Times.



The agency's new estimate is a third higher than projections <a href="https://www.benzinga.com/markets/macro-economic-events/25/06/45790762/trumps-tariff-plan-could-cut-deficit-by-2-8-trillion-over-a-decade-but-not-without-consequences-warns-cbo">made earlier this year</a>, with 2025 tariff revenues forecast to reach $200 billion, compared with about $80 billion annually over the past five years.



The president highlighted the report, stating that it proved "Trump was right" and asserting that tariff revenues would "reduce the deficit by numbers far greater than they ever expected — unheard of," the report said.



He also took to Truth Social and said, "Deficits are DOWN, Taxes are DOWN, Energy is DOWN, Prices generally are DOWN. The only things that are UP are Take Home Pay, the Stock Market, and our Country, which is the ‘HOTTEST' anywhere in the World."



<figure class="wp-block-image size-large is-resized"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22235724/Screenshot-2025-08-23-at-9.27.19%E2%80%AFAM-1024x671.png" alt="" class="wp-image-1040733" style="width:578px;height:auto"/><figcaption class="wp-element-caption">Source: Truth Social</figcaption></figure>



See Also: <a href="https://benzinga.com/crypto/cryptocurrency/25/06/45784755/elon-musk-who-called-trumps-one-big-beautiful-bill-a-disgusting-abomination-responds-to-coinbase-ceos-warning-that-bitcoin-could-replace-dollar" target="_blank" rel="noreferrer noopener">Elon Musk, Who Called Trump's ‘One Big Beautiful Bill' A ‘Disgusting Abomination,' Responds To Coinbase CEO's Warning That Bitcoin Could Replace Dollar If Congress Isn't Held Accountable</a>



<h2 class="wp-block-heading">Tariffs Offset Impact Of Spending Bill, Ratings Agencies Respond</h2>



The CBO report indicates tariff revenue could help offset the fiscal strain from Trump's $3.8 trillion "One Big Beautiful Bill Act," which passed the House in May but faces Senate hurdles.



Ratings agencies S&amp;P Global and Fitch both cited the surge in tariff revenue as a key factor in holding their ratings on U.S. debt steady, the report added.



Lisa Schineller, S&amp;P's director of sovereign ratings, said tariffs could "potentially offset some fiscal deterioration," though she underscored that uncertainties remain.



Fitch echoed those concerns, warning that large deficits could persist as spending rises again in 2026 and 2027.



<h2 class="wp-block-heading">Economists Caution On Long-Term Growth Risks</h2>



While Trump celebrated the report, economists warned of potential downsides. Morningstar's Thomas Torgerson said tariff revenues may provide "a temporary fillip," but could decline over time as trade shifts away from the U.S.



The CBO also noted its forecasts carry "significant uncertainty," citing unpredictable global trade responses and possible legal rulings.



The U.S. Court of Appeals is currently reviewing <a href="https://www.benzinga.com/markets/macro-economic-events/25/08/47176397/trump-tariffs-likely-to-be-struck-down-as-unconstitutional-in-appellate-court-says-peter-schiff-handing-the-president-another-scapegoat">Trump's use of emergency powers</a> to impose tariffs.



<h2 class="wp-block-heading">Tariff Policy Becomes 2025 Political Flashpoint</h2>



Trump has defended tariffs as central to his strategy of economic nationalism and reshoring manufacturing, even predicting a "Great Depression" if courts overturn them.



Treasury Secretary Scott Bessent previously said that tariff revenues would "substantially" exceed prior assumptions and help pay down U.S. debt.



Read Next:



<ul class="wp-block-list">
<li><a href="https://benzinga.com/news/topics/25/06/45768579/steve-bannon-says-elon-musks-doge-cuts-went-from-2-trillion-to-150-bilsteve-bannon-says-elon-musks-do" target="_blank" rel="noreferrer noopener">Steve Bannon Says Elon Musk's DOGE Cuts Went From $2 Trillion To $150 BilSteve Bannon Says Elon Musk's DOGE Cuts Went From $2 Trillion To $150 Billion And Now Nothing—'None Of This Makes Sense'</a></li>
</ul>



Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Image via Shutterstock

News

Trump Touts 'Incredible' Tariff Strategy After Congressional Budget Office Projects $4 Trillion Deficit Cut, Even As Economists Warn Of Slower Growth

Federal Reserve Chair Jerome Powell on Friday used his Jackson Hole speech to acknowledge rising risks to U.S. employment, signaling the central bank may be preparing to <a href="https://www.benzinga.com/markets/macro-economic-events/25/08/47283924/powell-turns-dovish-as-labor-market-cools-rate-cuts-now-loom">shift its policy stance</a>.



What Happened: His remarks marked the clearest indication yet that future rate cuts are possible if labor market weakness deepens.



Powell told central bankers on Friday that "downside risks to employment are rising," noting job growth has slowed to just 35,000 per month over the past three months, a sharp deceleration from 2024. 



The unemployment rate edged up to 4.2% in July, while labor force participation has fallen, leaving the labor market vulnerable to shocks. 



Economic growth has also cooled, with GDP expanding at just 1.2% annualized in the first half of 2025, compared to 2.5% last year.



The Fed chair emphasized that "monetary policy is not on a preset course" and said restrictive conditions could warrant adjustment if the slowdown accelerates. 



Inflation remains a concern, with tariffs pushing headline PCE inflation to 2.6% in July, but Powell described these effects as temporary and dismissed fears of a wage-price spiral.



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/08/47261373/bitcoin-will-come-back-alive-again-in-september-says-anthony-pompliano-113000-is-pretty-oversold">Bitcoin Will &#8216;Come Back Alive Again&#8217; In September, Says Anthony Pompliano: &#8216;$113,000 Is Pretty Oversold&#8217;</a>



What Experts Are Saying: Kyle Chassé, founder of MV Global, described the shift as a defining moment.



&#8220;Powell just pulled F.A.I.T. (Flexible Average Inflation Targeting) out of the magic hat at Jackson Hole, which sets up the Fed's playbook to let inflation run hotter if it means saving jobs. Three months of weak jobs have the Fed spooked, and the market is already pricing a September cut as a done deal,&#8221; he told Benzinga.



&#8220;Powell just made his panic pivot, and the market is loving it. This speech marks the moment the Fed's pivot became undeniable, and smart money is already scrambling to get positioned for the new cycle of liquidity,&#8221; he added.



Speaking with Benzinga, David Siemer, CEO and co-founder of Wave Digital Assets, said the cautious dovish tone has implications for crypto markets.



"Powell's remarks today carefully hinted at a possible rate cut on the horizon, even while stressing caution on inflation. This creates an intriguing backdrop for crypto as a potential inflation hedge and diversification tool. While Powell didn't commit to a cut, he underscored that the path ahead is far from certain. In that ambiguity lies crypto's appeal,&#8221; he said.



For investors, the Jackson Hole address underlined a broader pivot in the Fed's focus, from prioritizing inflation control to guarding against weakening jobs and growth. 



With policy now "in restrictive territory," markets are watching closely to see whether September delivers the first <a href="https://www.benzinga.com/crypto/cryptocurrency/25/08/47278495/bitcoin-ethereum-on-the-edge-ahead-of-jerome-powells-jackson-hole-speech-heres-what-to-expect">adjustment in nearly a year.</a>



Price Action: Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) has surged to an intra-day high of $117,104, Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) is up to $4,651



Read Next: 



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/08/47257237/trumps-pardon-frees-arthur-hayes-to-pursue-stem-cell-enterprises-and-bitcoin-treasuries">Trump&#8217;s Pardon Frees Arthur Hayes To Pursue Stem Cell Enterprises And Bitcoin Treasuries</a></li>
</ul>



Image: Shutterstock

Cryptocurrency

$BTC

$ETH

Bitcoin, Ethereum Surge As Jerome Powell Signals Potential Policy Adjustment At Jackson Hole

Each week,&nbsp;Benzinga&#8217;s Stock Whisper Index&nbsp;uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the&nbsp;<a href="https://www.benzinga.com/topic/stock-whisper-index" target="_blank" rel="noreferrer noopener">surface and deserve attention</a>.



Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.



Read Also:&nbsp;<a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/46157351/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-71" target="_blank" rel="noreferrer noopener">EXCLUSIVE: June's 20 Most-Searched Tickers On Benzinga Pro — Where Do CoreWeave, Nvidia, Apple Stock Rank?</a>



Here's a look at the Benzinga Stock Whisper Index for the week ending August 22:



Heico Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HEI#NYSE">HEI</a>): The aerospace and defense stock saw strong interest from readers during the week, which comes ahead of third-quarter financial results on Aug. 25. Analysts expect the company to report earnings per share of $1.13, up from 97 cents per share in last year's third quarter. The company has beaten analyst estimates for earnings per share in more than 10 straight quarters. Analysts expect revenue to grow from $992.3 million in last year's third quarter to $1.11 billion. The company has beaten analyst estimates for revenue in three straight quarters and nine of the last 10 quarters overall. RBC <a href="https://www.benzinga.com/quote/HEI/analyst-ratings">maintained an Outperform rating</a> on the stock head of earnings, while raising the price target from $315 to $335. A <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/08/47140991/buffett-reveals-unitedhealth-stake-trims-apple-in-berkshire-hathaway-q2-13f-filing">recent quarterly filing </a>from Berkshire Hathaway showed the Warren Buffett-led conglomerate increased its position in Heico by 11% in the second quarter.



<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0822"><img loading="lazy" decoding="async" width="992" height="505" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22174227/Screenshot-542.png" alt="" class="wp-image-1040589" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22174227/Screenshot-542.png 992w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22174227/Screenshot-542-300x153.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22174227/Screenshot-542-768x391.png 768w" sizes="(max-width: 992px) 100vw, 992px" /></a></figure>



Snowflake Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>): The cloud company saw strong interest from readers during the week, ahead of second-quarter financial results on Aug. 27. Analysts expect the company to report earnings of 27 per share, up from 18 cents per share in last year's second quarter. The company has beaten analyst estimates for earnings per share in four straight quarters and nine of the last 10 quarters overall. Analysts expect revenue of $1.09 billion, up from $868.8 million in last year's second quarter. The company has beaten analyst estimates for revenue in more than 10 straight quarters. Along with momentum ahead of earnings, Snowflake could be in the spotlight with privately traded rival Databricks recently valued <a href="https://www.benzinga.com/markets/tech/25/08/47223120/databricks-sets-100-billion-benchmark-with-late-stage-raise-as-investors-pile-in">at $100 billion</a>. For comparison, Snowflake has a market capitalization of $65 billion. Snowflake could remain hot thanks to the Databricks funding round and in the future if Databricks goes public. Snowflake analysts <a href="https://www.benzinga.com/quote/SNOW/analyst-ratings">have been positive </a>on the stock ahead of earnings with Citigroup maintaining a Buy rating and raising the price target from $245 to $250. Bank of America Securities also <a href="https://www.benzinga.com/analyst-stock-ratings/upgrades/25/08/47236998/snowflakes-ai-powered-growth-trajectory-remains-strong-says-analyst">upgraded the stock</a> from Neutral to Buy and raised the price target from $220 to $240. Bank of America Securities analyst Brad Sills said the company is seeing accelerated demand for its core data warehouse and Cortex AI.



<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0822"><img loading="lazy" decoding="async" width="997" height="512" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22174243/Screenshot-543.png" alt="" class="wp-image-1040590" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22174243/Screenshot-543.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22174243/Screenshot-543-300x154.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22174243/Screenshot-543-768x394.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>



 Credo Technology Group Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRDO#NASDAQ">CRDO</a>): The data infrastructure company saw strong interest from readers during the week, with several analysts recently raising price targets on the stock. The company is set to report first-quarter financial results on Sept. 3.  Analysts expect earnings per share of 36 cents, up from 4 cents per share in last year's first quarter. The company beat analyst estimates for earnings last quarter and have beaten estimates in five of the last 10 quarters, along with three quarters that met expectations. The company has been more consistent with revenue growth, beating analyst estimates in nine of the last 10 quarters. Analysts expect revenue to grow from $59.7 million in last year's first quarter to $190.8 million in this year's first quarter.



<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0822"><img loading="lazy" decoding="async" width="997" height="508" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22174302/Screenshot-544.png" alt="" class="wp-image-1040591" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22174302/Screenshot-544.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22174302/Screenshot-544-300x153.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22174302/Screenshot-544-768x391.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>



Nordson Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDSN#NASDAQ">NDSN</a>): The tech solutions company saw strong interest from readers and the stock price was up over 6% for the week. The company recently <a href="https://www.benzinga.com/markets/earnings/25/08/47247703/nordson-beats-q3-earnings-estimates-shares-move-higher">reported third quarter </a>financial results with revenue and earnings per share both beating Street consensus estimates. Nordson saw year-over-year revenue growth of 12% with all three main segments posting growth, including Medical and Fluid Solutions up 32% and Advanced Technology Solutions up 17%. With shares rising on the week on the strong earnings and shares up 11% year-to-date, Nordson could be a stock to watch.



<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0822"><img loading="lazy" decoding="async" width="995" height="504" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22174317/Screenshot-545.png" alt="" class="wp-image-1040592" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22174317/Screenshot-545.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22174317/Screenshot-545-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22174317/Screenshot-545-768x389.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>



Robinhood Markets (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>): The stock and cryptocurrency brokerage company saw increased interest from readers during the week likely related to a monthly company update and news that the company is advancing its <a href="https://www.benzinga.com/trading-ideas/movers/25/08/47208888/draftkings-flutter-entertainment-shares-slide-after-robinhood-launches-football-prediction-markets">prediction market offerings</a>. Robinhood will offer prediction markets on NFL contests for the upcoming season and for matches featuring the Power 4 schools (Big Ten, SEC, Big 12, ACC) for NCAA Football. The addition could lead to new account creations from customers in states where online sports betting is not yet legal, or increased account balances and funding for customers who want to use the updated service. The<a href="https://www.benzinga.com/trading-ideas/movers/25/08/47109184/robinhood-customers-hit-26-7-million-in-july-total-platform-assets-rise-7-as-crypto-volumes-surge"> company's July update</a> said platform assets were up % from the month of June and funded customers were up around 160,000 from June to July. The news comes on top of recently reported <a href="https://www.benzinga.com/markets/earnings/25/07/46739502/robinhood-q2-double-beat-crypto-revenue-nearly-doubles">second-quarter financial results </a>where the company beat analyst estimates for earnings per share and revenue.



<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0822"><img loading="lazy" decoding="async" width="997" height="515" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22174328/Screenshot-546.png" alt="" class="wp-image-1040593" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22174328/Screenshot-546.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22174328/Screenshot-546-300x155.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22174328/Screenshot-546-768x397.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>



Stay tuned for next week&#8217;s report, and follow Benzinga Pro for all the latest headlines and <a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0822" target="_blank" rel="noreferrer noopener">top market-moving stories here.</a>



Read the latest Stock Whisper Index reports here:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/07/46648171/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-75" target="_blank" rel="noreferrer noopener">July 25</a></li>



<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/08/46815464/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-76" target="_blank" rel="noreferrer noopener">August 1</a></li>



<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/08/47020935/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-77" target="_blank" rel="noreferrer noopener">August 8</a></li>



<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/08/47172751/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-78">August 15</a></li>
</ul>



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/07/46236448/exclusive-2025s-first-half-most-searched-tickers-on-benzinga-pro-where-do-nvidia-tesla-apple-stock-rank" target="_blank" rel="noreferrer noopener">EXCLUSIVE: 2025's First Half Most-Searched Tickers On Benzinga Pro — Where Do Nvidia, Tesla, Apple Stock Rank?</a></li>
</ul>

Long Ideas

Exclusives

Trading Ideas

CRDO

HOOD

NDSN

SNOW

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

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



Markets rallied sharply this week following Federal Reserve Chair Jerome Powell's dovish signals at the Jackson Hole symposium. The S&amp;P 500 and Dow hit record highs as Powell hinted at possible rate cuts amid rising employment risks. Tech, small-cap stocks, and crypto surged, while Treasury yields and the U.S. dollar declined.



Cryptocurrencies benefited strongly from the renewed optimism. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) rose over 4%, Ethereum jumped 14%, and other altcoins also posted sizable gains, reflecting renewed investor appetite for risk assets under easing policy expectations.



Looking ahead to the last full week of the month, attention shifts to how markets will react post‑Jackson Hole. Forecasters expect Forex volatility — especially in the U.S. dollar, euro, pound, and gold — as traders price in potential Fed easing and await further economic data.



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







The Bulls



<a href="https://www.benzinga.com/analyst-stock-ratings/reiteration/25/08/47191654/sunrun-poised-to-gain-market-share-as-policy-shifts-boost-its-solar-model-analyst">"Sunrun poised to gain market share as policy shifts boost its solar model: Analyst"</a>, by Anusuya Lahiri, reports that Sunrun Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) was upgraded to Outperform by RBC Capital's Christopher Dendrinos, who raised his price target to $16, citing newly clarified U.S. Treasury policy that reinforces demand visibility and positions Sunrun to win market share through its third-party ownership solar model. Dendrinos forecasts approximately 139,000 new customers in 2026 — 20% year-over-year growth — and projects cash generation rising from $308 million in 2025 to $550 million in 2026, implying a 15% cash-generation yield at his target price.



<a href="https://www.benzinga.com/trading-ideas/movers/25/08/47128585/newegg-commerce-negg-stock-hits-52-week-highs-whats-driving-the-momentum">"Newegg Commerce stock hits 52-week highs: What's driving the momentum"</a>, by Adam Eckert, reports that Newegg Commerce Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEGG#NASDAQ">NEGG</a>) shares are booming — up nearly 260% in just one month and reaching fresh 52-week highs — driven by a strong momentum score, elevated trading volumes, an ascending triangle chart pattern, heavy retail investor interest amid 12% short interest, and a July stock sale program that continues to fuel speculative enthusiasm.



<a href="https://www.benzinga.com/markets/tech/25/08/47278403/deepseeks-new-ai-model-sparks-rally-in-chinese-tech-and-ev-stocks-as-nvidia-retreats">"DeepSeek's new AI model sparks rally in Chinese tech and EV stocks as Nvidia retreats"</a>, by Adam Eckert, reports that DeepSeek's release of an upgraded V3.1 AI model optimized for domestic Chinese chips ignited a surge in Chinese tech and EV stocks — including Alibaba (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), Baidu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), PDD Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), Li Auto (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>), and XPeng (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) — as investors embraced the momentum toward AI self-sufficiency while Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) began halting the China-only H20 chip output.



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



<a href="https://www.benzinga.com/markets/tech/25/08/47233461/nebius-vaults-200-vs-coreweave-the-ai-trade-that-defies-logic">Nebius Vaults 200% Vs CoreWeave: The AI Trade That Defies Logic?</a>



<a href="https://www.benzinga.com/trading-ideas/movers/25/08/47258154/nio-stock-is-moving-higher-thursday-whats-driving-the-action">Nio Stock Is Moving Higher Thursday: What's Driving The Action?</a>



<a href="https://www.benzinga.com/markets/tech/25/08/47256848/tiktok-parent-bytedance-takes-aim-at-alibaba-deepseek-with-new-open-source-ai-model">TikTok Parent ByteDance Takes Aim At Alibaba, DeepSeek With New Open-Source AI Model</a>







The Bears



<a href="https://www.benzinga.com/markets/earnings/25/08/47266623/walmart-stock-tumbles-ceo-warns-tariffs-are-raising-costs">"Walmart stock tumbles: CEO warns tariffs are raising costs"</a>, by Erica Kollmann, reports that Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) shares dropped after the retail giant missed its first earnings estimate in three years — posting adjusted EPS of $0.68 versus the $0.73 expected — despite 4.8% year-over-year revenue growth to $177.4 billion; CEO Doug McMillon cautioned that tariffs have been gradually increasing costs each week and, although the company has absorbed much of the impact to date, those pressures are expected to continue into the third and fourth quarters, potentially influencing future pricing and discretionary spending among lower- and middle-income customers.



<a href="https://www.benzinga.com/news/health-care/25/08/47207867/like-eli-lilly-viking-therapeutics-oral-weight-loss-drug-disappoints-stock-tanks">"Like Eli Lilly, Viking Therapeutics' oral weight-loss drug disappoints, stock tanks"</a>, by Vandana Singh, reports that Viking Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VKTX#NASDAQ">VKTX</a>) saw its stock plunge after its experimental oral obesity medication, VK2735, showed statistically significant weight loss of up to 12.2% over 13 weeks — yet investor enthusiasm was dampened by high discontinuation rates and side-effect concerns, resulting in a sharp pre-market slide.



<a href="https://www.benzinga.com/trading-ideas/short-ideas/25/08/47215431/qqq-put-options-stock-market-crash">"Wall Street Braces For Tech Carnage: ‘Disaster' QQQ options tell the story"</a>, by Piero Cingari, reports that traders are increasingly buying deep out-of-the-money put options on the Invesco QQQ Trust Series 1 (QQQ) — with elevated "put skew" nearing three-year highs — signaling growing anxiety over a tech-sector collapse rather than a shallow pullback, particularly around the $515 strike near QQQ's 200-day moving average as a key downside level.



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



<a href="https://www.benzinga.com/trading-ideas/movers/25/08/47232508/carvana-stock-is-sliding-wednesday-whats-driving-the-action">Carvana Stock Is Sliding Wednesday: What's Driving The Action?</a>



<a href="https://www.benzinga.com/trading-ideas/movers/25/08/47261475/coty-stock-is-hitting-52-week-lows-today-heres-why">Coty Stock Is Hitting 52-Week Lows Today: Here's Why</a>



<a href="https://www.benzinga.com/markets/macro-economic-events/25/08/47266540/wall-street-today-markets-thursday-palantir-walmart-nasdaq-100">Tech Stocks Eye Third Day Of Losses, Walmart Sinks: What's Moving Markets Thursday?</a>







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



Image created using artificial intelligence via Midjourney.

Markets

BABA

BIDU

COTY

CVNA

NBIS

NEGG

NVDA

VKTX

XPEV

Benzinga Bulls And Bears: Sunrun, Newegg, Walmart — And Powell Offers Rate Cut Hope

A week that began with a robust selloff in tech stocks, triggered by fading AI euphoria and a 20% drawdown in Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), ended with a euphoric rally across Wall Street, powered by unexpectedly dovish signals from Federal <a href="https://www.benzinga.com/markets/macro-economic-events/25/08/47283924/powell-turns-dovish-as-labor-market-cools-rate-cuts-now-loom">Reserve Chair Jerome Powell.</a>



<ul class="wp-block-list">
<li>IWM ETF rallied sharply on Friday.<a href="https://www.benzinga.com/quote/IWM"> Check live prices here. </a></li>
</ul>



Speaking at the annual Jackson Hole symposium, Powell said that, with policy still restrictive and job market data weakening, the Fed could soon pivot — marking his clearest signal yet that rate cuts may be on the horizon.



Despite inflation still running well above the Fed's 2% goal, Powell indicated that job creation has slowed dramatically and the balance of risks has shifted. The Fed, he suggested, is prepared to act if rising unemployment and slowing growth persist.



Powell also addressed inflationary pressures from tariffs. He said their impact on prices is "clearly visible," but it might remain confined to a one-time price level adjustment, rather than a broader, persistent inflation trend. However, he also highlighted the risks associated with a rise in inflation expectations.



Markets were caught off guard. Economists had expected a neutral stance, but Powell's comments were widely interpreted as a green light for a September rate cut. Traders now fully price in a 25 basis-point reduction, which would bring the federal funds rate to 4.00%-4.25%.



Treasury yields tumbled and stocks rallied, with more speculative <a href="https://www.benzinga.com/markets/market-summary/25/08/47289236/markets-today-friday-wall-street-small-caps-powell-interest-rates-jackson-hole">pockets of the market outperforming.</a>



The Dow Jones Industrial Average surged past 45,600, setting new all-time highs. But the real momentum came from small caps: the Russell 2000 Index rallied to its highest level since December 2024, posting its strongest single-day performance since April 9.



Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) led the Magnificent Seven and cryptocurrencies rallied across the board as investors expect looser financial conditions.



Michigan-based automaker stocks joined Friday's rally, with shares of General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) up 3% hitting their highest level since late November 2024, Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), up more than 3% and Stellantis N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>) surging 5% after months of underperformance.



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/08/47288560/bitcoin-tests-116000-ethereum-tops-4600-xrp-hits-3-on-powells-rate-cut-hints">Bitcoin Tests $116,000, Ethereum Tops $4,600, XRP Hits $3 On Powell&#8217;s Rate Cut Hints</a></li>
</ul>



Image created using artificial intelligence via Midjourney.

Equities

Large Cap

Macro Economic Events

Mid Cap

Economics

Federal Reserve

Tech

PLTR

STLA

TSLA

Powell Hints At Interest Rate Cuts, Wall Street Cheers With Big Rally: This Week In Markets

President Donald Trump escalated his Federal Reserve confrontation Friday, threatening to fire Governor Lisa Cook while mocking Chair Jerome Powell as &#8220;Too Late&#8221; in a Truth Social post that divided Fed board members into opposing camps.



<h2 class="wp-block-heading">Trump&#8217;s Fed Board Divide Graphic Sparks Market Attention</h2>



Trump shared an image dividing Federal Reserve officials into camps aligned with former President Joe Biden versus those siding with him. Powell, whom Trump originally appointed as Fed Chair in 2018, earned the &#8220;Too Late&#8221; label referencing his delayed rate cut timing, while Cook received a prominent red &#8220;X&#8221; marked &#8220;The Fraudster.&#8221;



The graphic positions Trump appointees Christopher Waller, Michelle Bowman and nominee Stephen Miran as administration allies. This comes as markets price in September rate cuts following Powell&#8217;s dovish Jackson Hole speech that sparked broad rallies <a href="https://www.benzinga.com/markets/equities/25/08/47292004/powell-delivers-a-summer-surprise-to-wall-street-and-your-wallet-wins">across equities and cryptocurrencies</a>.



<figure class="wp-block-image size-full is-resized"><a href="https://truthsocial.com/@realDonaldTrump/posts/115075267292000365"><img loading="lazy" decoding="async" width="782" height="578" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/23041436/image-422.png" alt="" class="wp-image-1040885" style="width:508px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/23041436/image-422.png 782w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/23041436/image-422-300x222.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/23041436/image-422-768x568.png 768w" sizes="(max-width: 782px) 100vw, 782px" /></a></figure>



<h2 class="wp-block-heading">Cook Mortgage Controversy Intensifies DOJ Review</h2>



Cook faces mortgage fraud allegations from Federal Housing Finance Agency Director William Pulte, who claims she improperly designated properties as primary residences for <a href="https://www.benzinga.com/news/politics/25/08/47252633/trump-says-fed-governor-must-resign-now-over-mortgage-allegations-as-lisa-cook-vows-no-intention-of-being-bullied-amid-doj-review">favorable loan terms in 2021</a>.



&#8220;I&#8217;ll fire her if she doesn&#8217;t resign,&#8221; Trump told reporters Friday. <a href="https://www.benzinga.com/news/politics/25/08/47252633/trump-says-fed-governor-must-resign-now-over-mortgage-allegations-as-lisa-cook-vows-no-intention-of-being-bullied-amid-doj-review">Cook previously stated</a> she has &#8220;no intention of being bullied to step down.&#8221;



<h2 class="wp-block-heading">Waller Emerges as Powell Replacement Frontrunner</h2>



Prediction markets <a href="https://www.benzinga.com/news/politics/25/08/46966504/christopher-waller-trump-jerome-powell-fed-chair">show Waller leading Fed Chair succession odds</a> at 51% on Kalshi, ahead of Kevin Hassett (30%) and Kevin Warsh (24%).



Waller dissented at July&#8217;s Federal Open Market Committee meeting, advocating immediate 25-basis-point cuts while Powell held rates steady. His proactive stance aligns with Trump&#8217;s preference for a forward-looking monetary policy.



&#8220;When labor markets turn, they often turn fast,&#8221; Waller stated, warning <a href="https://www.benzinga.com/news/politics/25/08/46966504/christopher-waller-trump-jerome-powell-fed-chair">against falling behind the curve with GDP</a> growth at just 1.2% in 2025&#8217;s first half.



<h2 class="wp-block-heading">Market Implications for Rate-Sensitive Sectors</h2>



Powell&#8217;s Jackson Hole pivot triggered significant <a href="https://www.benzinga.com/markets/equities/25/08/47292004/powell-delivers-a-summer-surprise-to-wall-street-and-your-wallet-wins">moves across asset classes</a>. The Dow Jones jumped 2% to new highs above 45,680, while the S&amp;P 500 climbed 1.4% and the Russell 2000 soared nearly 4%.



Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) gained 3.5%, with Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>) and Cardano (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ada/usd">ADA</a>) posting double-digit gains as crypto markets entered &#8220;risk-on&#8221; mode.



Rate-sensitive sectors, including homebuilders, small caps, and regional banks, <a href="https://www.benzinga.com/markets/equities/25/08/47292004/powell-delivers-a-summer-surprise-to-wall-street-and-your-wallet-wins">rallied sharply on accommodation expectations</a>. <a href="https://www.benzinga.com/markets/equities/25/08/47292004/powell-delivers-a-summer-surprise-to-wall-street-and-your-wallet-wins">Goldman Sachs</a>&#8216; Jan Hatzius sees Powell&#8217;s remarks as &#8220;consistent with our expectation of a 25bp cut at the September FOMC meeting.&#8221;



Read Next:&nbsp;



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/economic-data/25/08/47296821/trump-touts-incredible-tariff-strategy-after-congressional-budget-office-projects-4-trillion-deficit-cut-even-as-economists-warn-of-slower-growth">Trump Touts &#8216;Incredible&#8217; Tariff Strategy After Congressional Budget Office Projects $4 Trillion Deficit Cut, Even As Economists Warn Of Slower Growth</a></li>
</ul>



Photo Courtesy: eamesBot on Shutterstock.com



Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Macro Notification

Politics

Management

General

$ADA

$SOL

Trump Mocks Biden's Fed Board After Powell's Jackson Hole Speech, Labels Chair 'Too Late,' Puts Red X On Cook As President Teases Top Successor

Shark Tank investor Kevin O'Leary has recalled how stripping his son of financial safety nets pushed him to excel academically, sharing the tough-love lesson that propelled him to Harvard.



<h2 class="wp-block-heading">O'Leary Says Entitlement ‘Ruins Ambition'</h2>



Earlier this week, O'Leary posted a video on social media recounting a conversation with his son, Trevor, about family wealth and trust funds.&nbsp;



"My son asked me about his trust fund. I told him it ends when school does. No grades, no cash," O'Leary said. "The look on his face was horror."



"That's when I hit him with the line my mother gave me: ‘The dead bird under the nest never learns to fly.'"



O'Leary, who has a net worth of $400 million <a href="https://www.celebritynetworth.com/richest-businessmen/ceos/kevin-oleary-net-worth/">according</a> to Celebrity Net Worth, said the fear of financial independence motivated Trevor to turn his grades around and gain admission to Harvard University.



"Entitlement ruins ambition. I ripped it out early," he added.



See Also: <a href="https://www.benzinga.com/markets/tech/25/08/46819258/elon-musk-agrees-with-cathie-wood-tesla-is-largest-ai-project-on-earth-amid-robotaxi-vision-samsung-chip-deal-buzz">Elon Musk Agrees With Cathie Wood: Tesla Is &#8216;Largest AI Project On Earth&#8217; Amid Robotaxi Vision, Samsung Chip Deal Buzz</a>



<h2 class="wp-block-heading">The No Free Lunch Parenting Philosophy</h2>



In the video he shared, O'Leary recalled telling his teenage son that his trust only covered schooling costs and would vanish after high school.



"He has plenty of friends that are totally screwed up. They don&#8217;t have any reason to launch. They&#8217;re totally covered by their family&#8217;s wealth. It's a curse."



<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">My son asked me about his trust fund. I told him it ends when school does. No grades, no cash. The look on his face was horror. That's when I hit him with the line my mother gave me: "The dead bird under the nest never learns to fly." That fear pushed him all the way to… <a href="https://t.co/YQ6IctIoff">pic.twitter.com/YQ6IctIoff</a>&mdash; Kevin O&#39;Leary aka Mr. Wonderful (@kevinolearytv) <a href="https://twitter.com/kevinolearytv/status/1958529530324484585?ref_src=twsrc%5Etfw">August 21, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



<h2 class="wp-block-heading">From Montreal Roots To Business Mogul</h2>



Born in Montreal in 1954 to Lebanese and Irish parents, O'Leary credits his own mother with instilling discipline early on.



After earning an MBA from Western University's Ivey Business School, he co-founded educational software firm SoftKey, later selling it to Mattel for $4.2 billion in 1999.



Since then, O'Leary has built an empire through investments, television, and ventures like O'Leary Fine Wines, gaining notoriety for his blunt advice on Shark Tank.



<h2 class="wp-block-heading">Shaq Says Kids Need 3 Degrees To Access His Fortune</h2>



NBA legend Shaquille O'Neal, worth an estimated $500 million, has also made it clear his children won't inherit his wealth without earning it. He insists they pursue education and build their own careers before accessing any of his fortune, famously stating, "We're not rich, I'm rich."



In a 2022 podcast, Shaq explained that his six kids must <a href="https://www.benzinga.com/personal-finance/24/11/41869301/shaqs-got-a-500-million-fortune-but-his-kids-arent-getting-a-dime-without-earning-it-you-need-3-degrees-to-touch-daddys-cheese">obtain three college degrees</a> to qualify for an inheritance. He wants them to value hard work, not grow up entitled.



Proud of his daughter Taahirah's success as a marketing director at Pepsi, Shaq hopes his other children will follow similar paths of independence and achievement.



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/07/46256702/sundar-pichai-next-trumps-next-big-tech-payday-could-be-from-youtube-after-settling-lawsuits-with-meta-and-x-productive-discussions-underway" target="_blank" rel="noreferrer noopener">Sundar Pichai Next? Trump&#8217;s Next Big Tech Payday Could Be From YouTube After Settling Lawsuits With Meta And X: ‘Productive Discussions&#8217; Underway</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: Kathy Hutchins / Shutterstock.com

Kevin O'Leary Recalls How Cutting Off His Son's Trust Fund Drove Him To Harvard: 'The Dead Bird Under The Nest Never Learns To Fly'

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is reportedly in talks with Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Google to use its Gemini AI models to revamp Siri.



<h2 class="wp-block-heading">Apple Explores External AI Partnerships To Revamp Siri</h2>



Apple has approached Google to discuss building a custom Gemini model that could power a new version of Siri as early as next year, <a href="https://www.bloomberg.com/news/articles/2025-08-22/apple-explores-using-google-gemini-ai-to-power-revamped-siri?srnd=undefined">reported</a> Bloomberg, citing people familiar with the matter.



As per the report, Google has already begun training a model that would run on Apple's servers.



Shares of Apple rose 1.27% to $227.76 on Friday, while Alphabet's Class A shares gained 3.17% and Class C increased by 3.04%,&nbsp; according to <a href="http://pro.benzinga.com/">data from Benzinga Pro</a>.



See Also:&nbsp;<a href="https://www.benzinga.com/personal-finance/management/25/08/47004469/ramit-sethi-lays-out-the-most-common-money-traps-and-how-to-dodge-them-before-its-too-late" target="_blank" rel="noreferrer noopener">Ramit Sethi Lays Out the Most Common Money Traps—And How To Dodge Them Before It's Too Late</a>



<h2 class="wp-block-heading">Apple Also Weighed Anthropic, OpenAI Partnerships</h2>



The talks are part of a broader push by Apple to catch up in generative AI after falling behind rivals.



Apple has also <a href="https://www.benzinga.com/markets/tech/25/06/46182769/what-happened-with-apple-stock-today">explored partnerships</a> with Anthropic and ChatGPT-parent OpenAI, but has yet to decide whether to rely on external AI models or continue developing Siri's capabilities internally.



Earlier this year, it was also reported that executives at <a href="https://www.benzinga.com/markets/tech/25/06/46041473/apple-eyes-perplexity-ai-acquisition-while-facing-shareholder-lawsuit-over-exaggerated-ai-progress-report">Apple discussed the possibility</a> of acquiring Perplexity AI in internal meetings.



<h2 class="wp-block-heading">Analysts Call Apple's AI Approach A ‘Disaster'</h2>



Wedbush analyst Dan Ives earlier called the Tim Cook-led tech giant's <a href="https://www.benzinga.com/markets/tech/25/08/47147306/dan-ives-says-apples-ai-strategy-has-been-a-disaster-and-no-one-on-the-street-believes-innovation-will-come-from-within">AI strategy a "disaster."</a>



In an interview, he stated that "Nothing is going to happen internally" when asked about how much Siri needs to improve. "It's not happening internally and there's no one on the Street that believes any innovation is coming out of Apple when it comes to AI organically."



He also urged Apple to accelerate acquisitions and partnerships to avoid falling further behind rivals like Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Google and Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>).



Benzinga&#8217;s Edge Stock Rankings show that AAPL continues to exhibit strong upward trend across short, medium and long-term periods. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound'">More detailed performance metrics can be found here</a>.



<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound'"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/23004621/Screenshot-2025-08-23-at-10.15.06%E2%80%AFAM.png" alt="" class="wp-image-1040791"/></a></figure>



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/08/46885469/amd-ceo-lisa-su-says-china-strategy-rebounding-as-mi308-ai-chips-await-us-license-better-position-than-we-were-ninety-days-ago" target="_blank" rel="noreferrer noopener">AMD CEO Lisa Su Says China Strategy Rebounding As MI308 AI Chips Await US License: ‘Better Position Than We Were Ninety Days Ago&#8217;</a></li>
</ul>



Image via Shutterstock

AAPL

GOOG

GOOGL

MSFT

Apple Reportedly Eyes Google Gemini To Overhaul Siri As Analysts Slam Tim Cook's AI Strategy As 'Disaster'

Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) CEO Alex Karp executed a massive $62.7 million stock sale over two days, according to Securities and Exchange Commission Form 4 filings. The transaction comes as the data analytics company faces mounting valuation pressure and increased short interest.



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



<h2 class="wp-block-heading">Major Executive Liquidation</h2>



Karp sold 409,072 shares between August 20-21, at prices ranging from $142.46 to $157.56 per share. The sales were executed through automatic transactions to cover tax withholding obligations following restricted stock unit vesting.



See Also: <a href="https://www.benzinga.com/markets/market-summary/25/08/47293785/wall-street-weekly-review-powell-jackson-hole-stocks-cryptocurrencies">Powell Hints At Interest Rate Cuts, Wall Street Cheers With Big Rally: This Week In Markets</a>



Karp has now sold <a href="https://www.benzinga.com/markets/equities/25/08/47275356/palantirs-70x-revenue-valuation-may-be-unsustainable-despite-outstanding-q2-results-citi-analyst-warns-companys-edge-may-fade-as-ai-expa">approximately $2 billion worth of PLTR stock</a> over the past two years, representing significant executive liquidation.



<h2 class="wp-block-heading">Valuation Under Fire</h2>



Citigroup analyst Tyler Radke warned that <a href="https://www.benzinga.com/markets/equities/25/08/47275356/palantirs-70x-revenue-valuation-may-be-unsustainable-despite-outstanding-q2-results-citi-analyst-warns-companys-edge-may-fade-as-ai-expa">PLTR&#8217;s 70x forward revenue</a> multiple remains &#8220;too rich&#8221; despite recent declines. The stock trades at $158.74, up 397% year-over-year, giving it a $376 billion market capitalization with a staggering 527 price-to-earnings ratio. Average daily volume stands at 69.37 million shares.



Citron Research initiated a short position, targeting a $40 fair value—74% below current levels. The firm compared PLTR unfavorably to competitor Databricks, noting the private company&#8217;s <a href="https://www.benzinga.com/markets/tech/25/08/47288059/palantir-is-the-messi-of-ai-until-you-look-at-databricks">superior metrics</a>: 15,000 customers versus PLTR&#8217;s 849, and 50% revenue growth versus PLTR&#8217;s 45%.



<h2 class="wp-block-heading">Market Context and Outlook</h2>



Despite insider selling pressure, PLTR on Friday surged on the Federal Reserve&#8217;s dovishness. Lower interest rates support high-growth valuations by reducing <a href="https://www.benzinga.com/trading-ideas/movers/25/08/47286815/why-palantir-technologies-pltr-stock-is-trading-higher-friday">discount rates on future earnings</a>.



Wedbush analyst Dan Ives <a href="https://www.benzinga.com/markets/equities/25/08/47251891/pltr-stock-has-declined-over-15-in-past-5-sessions-but-this-tech-bull-says-palantir-remains-favorite">maintains his bullish stance</a>, calling PLTR "the poster child of the AI revolution" and viewing current weakness as a buying opportunity.



Price Action: According to <a href="https://www.benzinga.com/quote/pltr">Benzinga Pro</a> data, PLTR stock closed Friday at $158.74, up 1.64%, and climbed another 0.59% in after-hours trading to $159.68, marking a 111.12% gain year-to-date.



With a strong Momentum in the 98th percentile, Benzinga&#8217;s Edge Stock Rankings indicate that PLTR has a positive price trend across all time frames. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Know how</a> its momentum lines up with other well-known names.



<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="498" height="300" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22220304/image-418.png" alt="" class="wp-image-1040650" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22220304/image-418.png 498w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/08/22220304/image-418-300x181.png 300w" sizes="(max-width: 498px) 100vw, 498px" /></a></figure>



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/08/47292004/powell-delivers-a-summer-surprise-to-wall-street-and-your-wallet-wins">Powell Delivers A Summer Surprise To Wall Street–And Your Wallet Wins</a></li>
</ul>



Photo Courtesy: Dennis Diatel on Shutterstock.com



Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Insider Trades

Palantir CEO Alex Karp Dumps $63 Million In Stock As PLTR Surges 111% This Year

James from New York thought he was free from student debt. He had paid off $15,000 in loans and moved on with his life until his parents dropped a financial bombshell nearly a decade later.



<h2 class="wp-block-heading">Nine Years Later, A Surprise Bill Arrives</h2>



During a recent episode of &#8220;<a href="https://www.youtube.com/watch?v=_gQonHPs_oc">The Ramsey Show</a>,&#8221; James told co-hosts Dave Ramsey and George Kamel that his parents had taken out a $13,000 <a href="https://www.benzinga.com/personal-finance/management/25/07/46279015/dave-ramsey-encourages-parents-to-get-honest-about-what-they-can-afford-for-their-childrens-college-education-no-student-loans">Parent PLUS loan</a> to help cover his college costs. The problem? They never told him about it. With interest, the balance has ballooned to $17,000.



"I literally didn't know it exists, then," James said. "They were very honest with me about college. I thought that was sort of it."



Don't Miss:



<ul class="wp-block-list">
<li>The same firms that backed Uber, Venmo and eBay are investing in this pre-IPO company disrupting a $1.8T market — <a href="https://www.benzinga.com/money/pacaso">and you can too at just $2.90/share.</a></li>



<li>The ECG Hasn't Changed in 100 Years — <a href="https://www.benzinga.com/money/heart-sciences">This AI Upgrade Could Help Detect Heart Disease Years Earlier</a></li>
</ul>



James graduated nine years ago. He said he attended a county college for two years, then transferred to a four-year school. He assumed all his tuition had been covered by grants, aid, and the one student loan he paid off himself. The Parent PLUS loan came as a total shock.



Now, his parents want him to take responsibility for it.



"They're asking for responsibility or at least help or assistance with it," he said.



<h2 class="wp-block-heading">It's Not His Debt, But Should He Pay It Anyway?</h2>



Ramsey and Kamel were quick to point out that while James isn't legally responsible for the loan—it's in his parents' name—the situation poses a moral dilemma.



"It's not fair that you come up to someone a decade later, tell them something they didn't even know existed, that they did not agree to, and ask them to pay," Ramsey said. "That's ridiculous."



Trending: Kevin O'Leary Says Real Estate's Been a Smart Bet for 200 Years — <a href="https://www.benzinga.com/money/mogul">This Platform Lets Anyone Tap Into It</a>



James and his wife currently earn around $305,000 annually, with $30,000 saved in an emergency fund and a car loan they expect to pay off by next April. Given their income, Ramsey and Kamel were baffled by the idea that the couple couldn&#8217;t afford to pay the $17,000 off immediately.



"Why is a couple making $305,000 having trouble <a href="https://www.benzinga.com/personal-finance/management/25/07/46370165/car-buyer-says-paying-cash-made-the-dealer-act-like-they-just-spoke-fluent-dolphin-theyre-not-dealerships-anymore-theyre-bankerships">paying for a car in cash</a>, let alone paying off the loan?" Ramsey asked before saying, "You suck at handling $305,000. We can't figure out what you're doing with it."



He also told him what he would do: "I would commit to getting control of my money so that my home does not look like your father&#8217;s home."



See Also: In a $34 Trillion Debt Era, The Right AI Could Be Your Financial Advantage — <a href="https://www.benzinga.com/money/range">Learn More</a>&nbsp;



<h2 class="wp-block-heading">A Wake-Up Call To Get Control</h2>



In the end, both hosts suggested James <a href="https://www.benzinga.com/money/how-to-pay-off-debt">pay off the debt</a>—not because he owes it, but because he can, and it might preserve the relationship.



"If I&#8217;m you, I&#8217;m paying this loan off and just write a check today just to get rid of it," Ramsey said. "And if you want to have a little sit-down with your dad and go, &#8216;Dad, this is not cool. And if you come at me again with another one of these, I&#8217;m gonna give you a big fat nope.&#8217;"



They also warned against future borrowing and urged James to get serious about managing his finances. "You want to work this hard and make this kind of money and have something to show for it," Ramsey said.



Parent PLUS loans, they noted, often result in damaged family ties. "These parent PLUS loans, Dave, it's a cancer on relationships," Kamel said. "They're horrible."



Read Next: <a href="https://www.benzinga.com/money/arrived-private-credit-fund">Bezos' Favorite Real Estate Platform Launches A Way To Ride The Ongoing Private Credit Boom</a>



Image: Shutterstock

Personal Finance

A Dave Ramsey Caller Celebrated Paying Off His Student Debt—Until He Learned His Parents Had Secretly Taken Out Another Loan

The Symbol PGSC was not found. Here are some similar symbols and popular symbols to consider.

PGSC Page Not Found - Benzinga

SYMBOL SIMILAR TO: PGSC

TOP GAINING STOCKS

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO