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

Praxis Precision Medicine (NASDAQ:PRAX) Azioni, Report sulle vendite allo scoperto

PRAXIS PRECISION MEDICINES I

Praxis Precision Medicine

Praxis Precision Medicines Inc is a clinical-stage biopharmaceutical company. The firm is engaged in translating genetic insights into the development of therapies for patients affected by central nervous system disorders characterized by a neuronal excitation-inhibition imbalance. The company has generated three clinical-stage product candidates, ulixacaltamide (formerly known as PRAX-944), vormatrigine (formerly known as PRAX-628), and relutrigine (formerly known as PRAX-562), as well as PRAX-020 which has been in-licensed by UCB Biopharma SRL, or UCB.

The Republican-controlled U.S. House on Thursday advanced President Donald Trump&#8216;s comprehensive tax and spending megabill by a narrow 219-213 vote, marking a critical legislative victory after internal GOP divisions nearly derailed the measure.
What Happened: The procedural vote to begin final debate represents a significant win for Republican leadership seeking to deliver on Trump&#8217;s second-term policy agenda ahead of his self-imposed July 4 deadline, <a href="https://www.cnbc.com/2025/07/03/trump-megabill-house-vote.html">reported</a> CNBC. House Speaker Mike Johnson (R-La.) spent hours corralling his razor-thin majority after several Republican members initially refused to support the measure.
The 887-page legislation <a href="https://www.benzinga.com/news/25/07/46240012/obama-warns-16-million-americans-could-lose-health-care-as-gop-pushes-trumps-big-beautiful-bill-with-deep-medicaid-cuts">combines $4.5 trillion in tax cuts</a> over 10 years with substantial spending reductions targeting federal health and nutrition programs. The package extends the 2017 Tax Cuts and Jobs Act while implementing $1 trillion in Medicaid cuts and $295 billion in reductions to the Supplemental Nutrition Assistance Program over a decade.
Former President Barack Obama warned on Wednesday that &#8220;more than 16 million Americans are at risk of losing their health care&#8221; due to proposed Medicaid <a href="https://www.benzinga.com/news/25/07/46240012/obama-warns-16-million-americans-could-lose-health-care-as-gop-pushes-trumps-big-beautiful-bill-with-deep-medicaid-cuts">funding cuts and expanded work requirements</a>. 
See Also:&nbsp;<a href="https://www.benzinga.com/markets/macro-economic-events/25/07/46238927/dollar-supremacy-under-threat-despite-a-slowing-china-absolutely-says-this-economist-beijing-is-the-largest-trading-partner-for-half-the-world-and-theyve" target="_blank" rel="noreferrer noopener">Dollar Supremacy Under Threat Despite A Slowing China? ‘Absolutely,' Says This Economist — Beijing Is The Largest Trading Partner For Half The World And They've ‘Arrived'</a>
Why It Matters: The House received the revised bill from the Senate late Tuesday after Vice President JD Vance cast the tie-breaking vote in the upper chamber.
Trump criticized Republican holdouts on social media, posting late Wednesday that delays were &#8220;COSTING YOU VOTES!!!&#8221; and calling the measure &#8220;the Largest Tax Cuts in History.&#8221; Rep. Marjorie Taylor Greene (R-Ga.) publicly supported the bill, calling it &#8220;the One Big Beautiful Bill&#8221; and emphasizing its border security provisions.
<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">1,000%!!! And also why I'm easily voting YES on the One Big Beautiful Bill!! Passing the great tax policies, border policies, and border security policies in the bill are exactly what I campaigned for along with President Trump!! <a href="https://t.co/G1zlBlJcqt">https://t.co/G1zlBlJcqt</a>
&mdash; Rep. Marjorie Taylor Greene&#x1f1fa;&#x1f1f8; (@RepMTG) <a href="https://twitter.com/RepMTG/status/1940612736280605166?ref_src=twsrc%5Etfw">July 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The legislation <a href="https://www.benzinga.com/news/25/07/46240012/obama-warns-16-million-americans-could-lose-health-care-as-gop-pushes-trumps-big-beautiful-bill-with-deep-medicaid-cuts">allocates $350 billion for defense and immigration enforcement</a> while expanding work requirements for able-bodied adults receiving federal assistance. Recipients must log 80 hours monthly of work, study, or volunteering to maintain Medicaid coverage.
Following Thursday&#8217;s procedural vote, the House will conduct final passage voting before sending the measure to Trump&#8217;s desk for signature into law.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/events/25/07/46238524/pentagon-says-us-strikes-set-back-irans-nuclear-program-by-2-years-after-b-2-bombers-hit-fordo-natanz-and-esfahan" target="_blank" rel="noreferrer noopener">Pentagon Says US Strikes Set Back Iran's Nuclear Program By 2 Years After B-2 Bombers Hit Fordo, Natanz And Esfahan</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: Rawpixel.com / Shutterstock.com

Politics

Trump's 'Big Beautiful Bill' Advances As House GOP Squeezes Out 219-213 Win

Tripadvisor Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRIP#NASDAQ">TRIP</a>) experienced a surge after activist investor Starboard Value acquired a 9% stake in the company.
What Happened: According to a Reuters report, Starboard Value, a prominent hedge fund, has secured a stake of over 9% in the travel services company.
Tripadvisor&#8217;s stock closed at $14.99 on Wednesday, marking an 8.07% rise from Tuesday&#8217;s close. The stock also recorded 4% rise in premarket trading on Thursday.
See Also: <a href="https://benzinga.com/news/politics/25/07/46217895/scott-bessent-says-senators-not-threatened-by-elon-musks-words-bill-advancing-under-trumps-leadersh">Scott Bessent Says Senators Not &#8216;Threatened&#8217; By Elon Musk&#8217;s Words, Bill Advancing Under Trump&#8217;s Leadership &#8216;More Than Anybody&#8217;s Checkbook&#8217;</a>
Why It Matters: Starboard Value has a history of influencing companies in which it invests. Earlier this year, the hedge fund <a href="https://www.benzinga.com/25/02/43443889/starboard-value-pushes-becton-dickinson-to-divest-life-sciences-unit">pushed Becton Dickinson to divest its life sciences unit</a>, a move that significantly impacted the company&#8217;s operations.
Given Starboard Value&#8217;s track record, its investment in Tripadvisor could potentially lead to strategic changes within the company, further impacting its stock value and market position.
Price Action: Starboard Value&#8217;s new stake in Tripadvisor Inc. led to an 8.07% increase in its closing price on July 2, reaching $14.99 according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data. The company is up 1.49% year-to-date and down by nearly 15% in the last 12 months.
Benzinga's Edge Stock Rankings: With a high Growth score of 93.60, Tripadvisor shows a strong growth potential, indicating optimism about future earnings or revenue expansion. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-4/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to know more</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-4/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="870" height="163" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03042823/Screenshot-2025-07-03-135807.png" alt="" class="wp-image-971620" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03042823/Screenshot-2025-07-03-135807.png 870w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03042823/Screenshot-2025-07-03-135807-300x56.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03042823/Screenshot-2025-07-03-135807-768x144.png 768w" sizes="(max-width: 870px) 100vw, 870px" /></a></figure>
Read Next:
<ul class="wp-block-list">
<li><a href="https://benzinga.com/markets/tech/25/07/46238717/anduril-ceo-palmer-luckey-says-weapons-destroyed-hundreds-of-millions-in-russian-assets-urges-us-mil">Anduril CEO Palmer Luckey Says Weapons Destroyed &#8216;Hundreds of Millions&#8217; in Russian Assets, Urges US Military Aid to Ukraine</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Tero Vesalainen / Shutterstock.com

Equities

TRIP

Tripadvisor Shares Jump As Starboard Value Acquires Over 9% Stake

News

OPRA

Opera Launches Built-In Translation with Opera Translate In Opera One And Opera GX, Supporting Over 40 Languages

XPRO

Expro Introduces Standalone Catwalk Sensor System To Strengthen Risk Reduction On Slingshot Pipe Handling Rigs

Nasdaq Confirms So-Young Regains Compliance As ADSs Maintain $1.00 Closing Bid Price For 10 Consecutive Days

CNBC commentator Jim Cramer pointed out that three tech behemoths, Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Meta (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), have closed the first half of the year at record highs, surpassing their &#8216;Magnificent Seven&#8217; counterparts.
What Happened:&nbsp;Cramer, on Tuesday, pointed out that these companies, which he referred to as the &#8220;M-N-Ms,&#8221; have outperformed their peers, CNBC&nbsp;<a href="https://www.cnbc.com/2025/07/01/jim-cramer-says-microsoft-meta-and-nvidia-pulled-ahead-of-the-mag-7.html">reported</a>. He attributed their success to specific developments that occurred during the year.
Microsoft, despite disappointing Wall Street with its Azure cloud business growth in January, managed to turn things around by the end of April, reporting a 33% growth in the segment.
Nvidia, the AI titan, had a shaky start to the year due to competition fears from Chinese startup DeepSeek. Despite a subsequent drop in April due to U.S. government restrictions on its sales in China, the company bounced back strongly in the following months. Cramer attributed this to &#8220;semiconductor&nbsp;superiority and persistent demand from&nbsp;the hyperscalers.&#8221;
Meta, on the other hand, experienced a decline in its stock value at the beginning of the year, in line with the broader trend of growth stocks. However, the company&#8217;s strong advertising abilities, as evidenced by its April earnings, turned the tide.
"Not FANG. Not Magnificent Seven. Just M-N-Ms," stated Cramer. "The sole survivors of a brutal quarter from what used to be the most captivating group in the market,&#8221; he added. 
SEE ALSO:&nbsp;<a href="https://benzinga.com/markets/large-cap/25/07/46212089/jeff-bezos-sells-737-million-worth-of-amazon-stock-just-days-after-lavish-venetian-wedding" target="_blank" rel="noreferrer noopener">Jeff Bezos Sells $737 Million Worth Of Amazon Stock Just Days After Lavish Venetian Wedding</a>
Why It Matters:&nbsp;Despite the initial setbacks, these companies have managed to bounce back and achieve record highs. This is indicative of the resilience and adaptability of these tech giants in the face of challenges, a quality that is crucial in the ever-evolving tech industry.
Additionally, the success of Microsoft, Nvidia, and Meta is reflective of the overall performance of the tech sector. Despite concerns of a potential &#8220;tech wreck&#8221; earlier in the year, the sector has shown remarkable strength, as evidenced by the&nbsp;<a href="https://www.benzinga.com/markets/tech/25/06/46180484/nvidia-palantir-tech-stocks-to-buy-q3-2025-sectors">historic gains</a>&nbsp;made by tech darlings in the second quarter of 2025.
Furthermore, the continued growth and innovation in the AI sector, which has been a significant factor in the success of companies like Nvidia and Microsoft, have led Wedbush&#8217;s Dan Ives to predict that these companies are on track to achieve a&nbsp;<a href="https://www.benzinga.com/markets/tech/25/07/46188671/nvidia-microsoft-on-track-to-achieve-4-trillion-market-cap-says-analyst-dan-ives-tech-bull-market-is-still-early">$4 trillion market cap</a>&nbsp;in the near future.
However, it&#8217;s worth noting that even amid this success, companies like Microsoft have had to make tough decisions, such as&nbsp;<a href="https://www.benzinga.com/markets/tech/25/07/46226585/microsoft-cuts-9000-jobs-in-second-2025-layoff">laying off</a> thousands of employees&nbsp;in a bid to control costs.
On a year-to-date basis, shares of Meta, Microsoft and Nvidia surged 19.08%, 17.32% and 13.69%, respectively as per <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. 
<ul class="wp-block-list">
<li>READ MORE: <a href="https://www.benzinga.com/markets/equities/25/07/46239376/nvidia-intel-broadcom-micron-amd-and-other-chipmakers-stand-to-benefit-as-trumps-tax-bill-increases-incentives-to-make-semiconductors-in-us">Nvidia, Intel, Broadcom, Micron, AMD And Other Chipmakers Stand To Benefit As Trump&#8217;s Tax Bill Increases Incentives To Make Semiconductors In US </a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

MSFT

NVDA

'Not FANG. Not Magnificent Seven. Just M-N-Ms:' Jim Cramer Floats New Tech Acronym For These Stocks That Outpaced Peers

<h3>Companies Reporting Before The Bell</h3>
<h3>Companies Reporting After The Bell</h3>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

Earnings Scheduled For July 3, 2025

Sean &#8220;Diddy&#8221; Combs was acquitted Wednesday of three federal sex-trafficking and racketeering charges but convicted on two prostitution-related counts — a mixed verdict that marks a partial legal victory while keeping him in custody ahead of sentencing.
What Happened: The verdict, delivered by Manhattan jurors after 13 hours of deliberation, represents a partial vindication for Combs, whose entertainment empire has faced mounting legal scrutiny since September 2024. The 54-year-old music executive was cleared of racketeering conspiracy charges that could have resulted in life imprisonment, according <a href="https://www.washingtonpost.com/entertainment/music/2025/07/02/diddy-trial-verdict-sex-trafficking-racketeering-release/">to</a> the Washington Post.
U.S. District Judge Arun Subramanian denied Combs&#8217; $1 million bail request, citing his history of domestic violence despite defense arguments that acquittal on the most serious charges warranted release. The judge noted that &#8220;domestic violence is violence&#8221; in his ruling.
The prosecution&#8217;s case centered on allegations that Combs operated a criminal enterprise through his business network, including Bad Boy Records, <a href="https://www.benzinga.com/news/legal/25/07/46211886/diddy-jury-deadlocked-on-racketeering-conspiracy-charge-as-verdicts-reached-on-sex-trafficking-counts-jurors-to-return-wednesday">which he founded in 1993</a>. The label achieved significant commercial success with 13 chart-topping albums between 1997 and 2022.
See Also: <a href="https://www.benzinga.com/markets/tech/25/07/46239208/soham-parekh-accused-of-fooling-yc-startups-while-working-4-jobs-at-once-suhail-doshi-says-he-faked-his-resume-lied-about-his-location">Soham Parekh Accused Of Fooling YC Startups While Working 4 Jobs At Once: Suhail Doshi Says He Faked His Resume, Lied About His Location</a>
Why It Matters: Defense attorney Marc Agnifilo argued prosecutors overreached with the racketeering charges, telling the court his client &#8220;has been given his life back by this jury.&#8221; The acquittal on sex-trafficking charges undermines the government&#8217;s theory that Combs coerced romantic partners into sexual acts.
Key testimony came from former girlfriend Casandra &#8220;Cassie&#8221; Ventura, whose 2023 lawsuit against Combs resulted in a $20 million settlement and triggered the federal investigation, according to the report. Ventura&#8217;s attorney, Douglas Wigdor, stated after the verdict that his client &#8220;has left an indelible mark on both the entertainment industry and the fight for justice.&#8221;
Combs faces sentencing on October 3 for the two prostitution-related convictions, each carrying potential sentences of up to 10 years. Federal prosecutors have indicated they will seek more than four years&#8217; imprisonment.
President Donald Trump previously indicated he would consider a pardon for Combs if he believed the music producer was treated unfairly, though rapper Curtis &#8220;50 Cent&#8221; Jackson has stated <a href="https://www.benzinga.com/cannabis/25/06/45713681/50-cent-says-hell-personally-ask-trump-not-to-pardon-diddy-if-disgraced-rapper-is-convicted-donald-doesnt-take-well-to-disrespect">he would personally urge Trump against such clemency</a>.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/07/46239684/mark-zuckerberg-reportedly-crashes-donald-trumps-oval-office-f-47-jet-briefing-asked-to-leave-white-house-says-situation-mischaracterized">Mark Zuckerberg Reportedly Crashes Donald Trump&#8217;s Oval Office F-47 Jet Briefing, Asked To Leave—White House Says Situation &#8216;Mischaracterized&#8217;</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: lev radin / Shutterstock.com

Entertainment

Legal

Diddy Found Guilty On 2 Counts, Not Guilty On 3: Sex Trafficking Charges Dropped, But Prison Still Looms

Former President Barack Obama warned Wednesday that more than 16 million Americans risk losing their health coverage as House Republicans struggle to advance President Donald Trump&#8216;s sweeping tax and spending package that includes significant cuts to Medicaid funding.
What Happened: &#8220;More than 16 million Americans are at risk of losing their health care because Republicans in Congress are rushing to pass a bill that would cut federal funding for Medicaid and weaken the Affordable Care Act,&#8221; Obama said in a social media statement. &#8220;If the House passes this bill, it will increase costs and hurt working class families for generations to come.&#8221;
<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">More than 16 million Americans are at risk of losing their health care because Republicans in Congress are rushing to pass a bill that would cut federal funding for Medicaid and weaken the Affordable Care Act. If the House passes this bill, it will increase costs and hurt…
&mdash; Barack Obama (@BarackObama) <a href="https://twitter.com/BarackObama/status/1940500920959488540?ref_src=twsrc%5Etfw">July 2, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The former president urged Americans to &#8220;call your representative today and tell them to vote no on this bill,&#8221; as House Speaker Mike Johnson (R-La.) worked through the night to secure enough votes for passage by Trump&#8217;s July 4 deadline, according <a href="https://apnews.com/article/big-beautiful-bill-trump-tax-cuts-3b525482be43fdf956366cebd84dcaac">to</a> the Associated Press report.
The legislation, dubbed Trump&#8217;s &#8220;Big Beautiful Bill,&#8221; would <a href="https://www.benzinga.com/news/financing/25/07/46215083/how-trumps-big-beautiful-bill-impacts-snap-medicaid-taxes-and-student-loans">implement a $1 trillion Medicaid cut over 10 years</a> while expanding work requirements for able-bodied adults ages 19-64, including parents of children 14 and older.
Recipients would need to log 80 hours monthly of work, study, or volunteering to maintain coverage.
See Also: <a href="https://www.benzinga.com/markets/macro-economic-events/25/07/46238927/dollar-supremacy-under-threat-despite-a-slowing-china-absolutely-says-this-economist-beijing-is-the-largest-trading-partner-for-half-the-world-and-theyve">Dollar Supremacy Under Threat Despite A Slowing China? &#8216;Absolutely,&#8217; Says This Economist — Beijing Is The Largest Trading Partner For Half The World And They&#8217;ve &#8216;Arrived&#8217;</a>
Why It Matters: The Congressional Budget Office projects that <a href="https://www.benzinga.com/news/financing/25/07/46215083/how-trumps-big-beautiful-bill-impacts-snap-medicaid-taxes-and-student-loans">approximately 12 million more Americans</a> would become uninsured by 2034 from the Medicaid provisions alone.
States would face increased administrative burdens, conducting eligibility verification twice yearly and income checks every six months.
The 887-page bill also targets the Supplemental Nutrition Assistance Program with $295 billion in <a href="https://www.benzinga.com/news/financing/25/07/46215083/how-trumps-big-beautiful-bill-impacts-snap-medicaid-taxes-and-student-loans">cuts over a decade</a>, representing the deepest food-aid reduction in modern history.
Work requirements would expand to able-bodied adults without small children until age 64, up from 54 under current law.
House Republicans faced significant resistance from their own caucus Wednesday night, with several members refusing to vote on the procedural measure.
Trump criticized the delay in a midnight social media post, warning holdouts about &#8220;COSTING YOU VOTES!!!&#8221;
The package includes $4.5 trillion in tax cuts over 10 years, with provisions for deducting tips and overtime pay, plus a temporary $6,000 deduction for seniors earning under $75,000 annually.
Defense and immigration enforcement would receive $350 billion in new funding, according to the AP report.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/events/25/07/46238524/pentagon-says-us-strikes-set-back-irans-nuclear-program-by-2-years-after-b-2-bombers-hit-fordo-natanz-and-esfahan">Pentagon Says US Strikes Set Back Iran&#8217;s Nuclear Program By 2 Years After B-2 Bombers Hit Fordo, Natanz And Esfahan</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: Gregory Reed / Shutterstock.com

Health Care

Obama Warns 16 Million Americans Could Lose Health Care As GOP Pushes Trump's 'Big Beautiful Bill' With Deep Medicaid Cuts

Wedbush Securities' analyst and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) bull Dan Ives hailed the company, saying that the &#8220;fireworks come early&#8221; for Tesla following Q2 deliveries, which fared better than some analysts' expectations despite a decline in sales.
What Happened: The analyst hailed Tesla's 384,122 deliveries, which Ives said beat "Street whisper numbers of ~365k vehicles," in a note released on Wednesday. The investor reiterated a $500 Price Target for TSLA, which is a 58% upside on the stock and maintained an ‘Outperform' rating.
A major chunk of the deliveries came from the Tesla Model 3 and the Model Y, with the automaker delivering over 373,728 units, according to the figures shared by Elon Musk's company.
Ives also outlined that Tesla's Chinese sales improved after a period of "significant weakness" as the company saw a "rebound in June with sales increasing for the first time in eight months reflecting higher demand for its updated Model Y."
The analyst also said that Musk's proactiveness has helped Tesla and predicts the company will see further growth should Musk remain focused on the brand.&nbsp;
"If Musk continues to lead and remain in the driver's seat, we believe Tesla is on a path to an accelerated growth path over the coming years with deliveries expected to ramp in the back-half of 2025 following the Model Y refresh cycle," Ives said.
Elsewhere, the investor also shared that Tesla has the potential to "own the autonomous market" in the U.S. with FSD as well as "license its technology to other auto players both in the U.S. and around the globe," Ives said.
However, Ives also noted that Musk must put Tesla ahead of his political views, fearing that the <a href="https://www.benzinga.com/news/politics/25/07/46216023/after-trump-warns-elon-musk-to-close-up-shop-china-rallies-behind-worlds-richest-man-theres-no-need-to-keep-putting-up-with-it">feud with the Trump</a> administration could lead to more "hawkish" sentiment on Tesla and reduce government spending on the company, given the Robotaxi operation in Austin and Cybercab ambitions.
Why It Matters: The news comes in as <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46221375/tesla-stock-jumps-on-strong-q2-deliveries">Tesla stock surged</a> following the release of the delivery data by the company, which beat analysts' expectations, given the <a href="https://www.benzinga.com/markets/tech/25/07/46189042/elon-musk-led-teslas-european-woes-worsen-with-sales-down-over-60-in-sweden-and-denmark">poor sales figures</a> in multiple markets.
The company also confirmed it will introduce <a href="https://www.benzinga.com/markets/tech/25/07/46212911/amid-declining-sales-elon-musks-tesla-confirms-new-affordable-models-will-be-introduced-this-year">more affordable models</a> in its lineup, though it hasn't provided any confirmation about whether it'll be stripped-down versions of already-existing models or brand new.
Elsewhere, Musk will assume <a href="https://www.benzinga.com/markets/tech/25/07/46214467/elon-musk-will-oversee-tesla-sales-in-the-us-europe-after-omead-afshars-exit-report">oversight of Tesla sales</a> in the U.S. and Europe after close aide Omead Afshar's exit from the company, according to reports in the media.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="198" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03015450/TSLA-JUL-3-2205-1-1024x198.jpg" alt="" class="wp-image-971407" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03015450/TSLA-JUL-3-2205-1-1024x198.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03015450/TSLA-JUL-3-2205-1-300x58.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03015450/TSLA-JUL-3-2205-1-768x148.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03015450/TSLA-JUL-3-2205-1-1536x297.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03015450/TSLA-JUL-3-2205-1.jpg 1554w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Tesla offers satisfactory Momentum and Quality, while scoring well on the Growth metric, but the stock offers poor Value. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge Stock Rankings</a> today!
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/07/46238590/tsla-stock-surges-5-as-q2-deliveries-better-than-feared-gary-black-explains-why-elon-musk-led-tesla-fared-better-than-markets-worst-fears">TSLA Stock Surges 5% As Q2 Deliveries &#8216;Better Than Feared:&#8217; Gary Black Explains Why Elon Musk-Led Tesla Fared Better Than Market&#8217;s Worst Fears</a></li>
</ul>
Photo courtesy: Shutterstock

Tech

TSLA

Dan Ives Hails Tesla's Better Than Expected Q2 Deliveries, Says 'Fireworks Come Early' For Elon Musk-Led EV Giant

Economist Peter Schiff is calling out President Donald Trump&#8217;s newly announced trade deal with Vietnam, warning that American consumers are likely to bear the brunt of the agreement.
What Happened: On Thursday, in a post on X, Schiff criticized the deal, saying that it gives Vietnamese consumers an upper hand while leaving American shoppers worse off. 
Schiff didn't hold back when declaring &#8220;Americans are losers and Vietnamese are winners&#8221; under the new trade deal, saying that U.S. consumers will end up paying more for Vietnamese imports, while buyers in Vietnam gain cheaper access to American goods.
See Also: <a href="https://www.benzinga.com/markets/earnings/25/06/46128469/nike-q4-earnings-revenue-beat-eps-beat-headwinds-expected-to-moderate-moving-forward-company">Nike Q4 Earnings: Revenue Beat, EPS Beat, Headwinds Expected To Moderate Moving Forward, Company Playing &#8216;Sport Offense&#8217;</a>
He says this about consumers in both nations, &#8220;relative to their positions under Biden,&#8221; which essentially means to say that Americans are worse off, while the Vietnamese are better off than they were last year, as a result of this deal.
Here, Schiff is referring to the terms of the new agreement, according to which the U.S. will charge 20% on all imports from Vietnam, while the latter will not charge anything on American imports. 
The U.S. will also be imposing a steeper 40% tariff on goods that pass through Vietnam, a process known as trans-shipment. This move is aimed at tackling Chinese goods that flow through Vietnam, while sporting the label &#8220;Made In Vietnam,&#8221; according to a report by Reuters.
<figure class="wp-block-embed aligncenter 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">As a result of Trump&#39;s trade deal with Vietnam, Americans are losers and Vietnamese are winners, relative to their positions under Biden. Americans will suffer by paying higher prices for Vietnamese imports, while the Vietnamese will enjoy paying lower prices on American imports.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1940607648849973461?ref_src=twsrc%5Etfw">July 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Schiff has been a vocal critic of Trump&#8217;s tariff regime over the past couple of months, referring to them as a &#8220;self-inflicted wound,&#8221; especially the ones that were imposed on <a href="https://www.benzinga.com/markets/equities/25/02/43613133/trumps-25-tarrifs-a-self-inflicted-wound-says-economist-amid-warnings-of-fewer-american-jobs-peter-schiff-says-youll-pay-more-for-cars-and-homes">steel and aluminum imports</a>.
Nearly two months ago, footwear giants Adidas AG (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ADDYY#OTC">ADDYY</a>) and Nike Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), among several others, had called the tariffs an &#8220;existential threat,&#8221; given their <a href="https://www.benzinga.com/markets/25/05/45195137/footwear-titans-nike-adidas-call-tariffs-an-existential-threat-appeal-to-trump-for-relief-this-is-an-emergency">reliance on countries</a> such as China, Vietnam, and Cambodia for sourcing. 
On Wednesday, following the announcement of the trade deal with Vietnam, <a href="https://www.benzinga.com/news/25/07/46230421/nike-stock-is-rising-wednesday-whats-going-on">shares of Nike</a> surged 4.06%, alongside other apparel stocks such as Under Armour Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAA#NYSE">UAA</a>) and RH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RH#NYSE">RH</a>), up by 1.83% and 3.43%, respectively.
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="148" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03030239/Screenshot-2025-07-03-at-12.32.24-PM-1024x148.png" alt="" class="wp-image-971473" style="width:920px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03030239/Screenshot-2025-07-03-at-12.32.24-PM-1024x148.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03030239/Screenshot-2025-07-03-at-12.32.24-PM-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03030239/Screenshot-2025-07-03-at-12.32.24-PM-768x111.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03030239/Screenshot-2025-07-03-at-12.32.24-PM.png 1532w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
While Nike shares score poorly on Benzinga&#8217;s Edge Stock Rankings, they have a favorable price trend in the short, medium and long terms. Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> for more insights on how it compares with peers and competitors such as Adidas, Under Armour and Lululemon Athletic Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>). 
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/06/46133512/nike-faces-1-billion-trump-tariff-blow-plans-surgical-price-hikes-starting-fall-2025-to-offset-impact">Nike Faces $1 Billion Trump Tariff Blow, Plans &#8216;Surgical&#8217; Price Hikes Starting Fall 2025 To Offset Impact</a></li>
</ul>
Photo courtesy: Maxim Elramsisy / Shutterstock.com

ADDYY

LULU

Peter Schiff Warns 'Americans Will Suffer' And 'Vietnamese Will Enjoy' After Trump's Trade Deal With Hanoi

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the &#8220;Greed&#8221; zone on Wednesday.
U.S. stocks settled mostly higher on Wednesday, with the S&amp;P 500 settling at a record high level during the session after President Donald Trump announced a new trade agreement with Vietnam.
On the economic front, the ADP National Employment Report showed private employers shed 33,000 jobs in June 2025 — the first monthly contraction since March 2023. The sharp miss reinforced market bets that the Fed may ease policy sooner than expected. Economists now expect Friday&#8217;s official nonfarm payrolls report to show a slowdown from 139,000 to 110,000 jobs.
Rate cut odds rose sharply. Markets now see a 25% chance of a July cut and fully price in a reduction by September. A second cut by December is also fully priced in.
The Greenbrier Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBX#NYSE">GBX</a>) shares jumped 21% on Wednesday after the company posted stronger-than-expected results for the third quarter.
Most sectors on the S&amp;P 500 closed on a positive note, with materials, information technology and energy stocks recording the biggest gains on Wednesday. However, health care and utilities stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed lower by over 10 points to 44,484.42 on Wednesday. The S&amp;P 500 rose 0.47% to 6,227.42, while the Nasdaq Composite climbed 0.94% to 20,393.13 during Wednesday's session.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 63.2, the index remained in the &#8220;Greed&#8221; zone on Wednesday, versus a prior reading of 61.3.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/07/46218519/jim-cramer-gives-utilities-stock-a-week-says-doge-not-done-clobbering-booz-allen">Jim Cramer Gives Utilities Stock &#8216;A Week,&#8217; Says DOGE &#8216;Not Done Clobbering&#8217; Booz Allen</a> </li>
</ul>
Photo courtesy: Shutterstock

Pre-Market Outlook

S&P 500 Settles At Record High After Trump Announces Trade Deal With Vietnam: Fear Index Remains In 'Greed' Zone

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) experienced a surge in sales in China during the month of June amid <a href="https://www.benzinga.com/markets/tech/25/06/46087914/teslas-europe-sales-slide-for-5th-straight-month-elon-musk-led-ev-giants-market-share-shrinks-to-1-3">declining sales</a> in other markets.
What Happened: Elon Musk's EV giant sold 61,000 units in the Chinese domestic market, a 3.7% YoY increase from the same time last year, according to data obtained by Reuters on Thursday.
Tesla sales also jumped 59% in China when compared to sales in May, the report suggests.
Why It Matters: The news comes as Tesla reported better-than-expected Q2 delivery results with <a href="https://www.benzinga.com/markets/tech/25/07/46238590/tsla-stock-surges-5-as-q2-deliveries-better-than-feared-gary-black-explains-why-elon-musk-led-tesla-fared-better-than-markets-worst-fears">over 384k deliveries</a>, largely driven by the Tesla Model 3 and the Tesla Model Y.
The sales surge in China could provide a major boost to Musk and Tesla amid a 60% decline in <a href="https://www.benzinga.com/markets/tech/25/07/46189042/elon-musk-led-teslas-european-woes-worsen-with-sales-down-over-60-in-sweden-and-denmark">Swedish and Danish</a> sales, as well as poor <a href="https://www.benzinga.com/markets/tech/25/06/46162850/tesla-sales-in-canada-have-dropped-to-nearly-zero-says-researcher-expects-elon-musk-led-ev-giant-may-report-losses-starting-2026">sales figures in Canada</a>.
The news also coincides with Musk assuming oversight of Tesla's sales operations in the West in Europe and the U.S. after Omead Afshar's <a href="https://www.benzinga.com/markets/tech/25/06/46132042/teslas-q2-sales-going-to-s-says-gary-black-after-tsla-north-america-and-europe-chief-omead-afshars-exit">exit from the company</a>.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="198" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03025201/TSLA-JUL-3-2205-2-1024x198.jpg" alt="" class="wp-image-971454" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03025201/TSLA-JUL-3-2205-2-1024x198.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03025201/TSLA-JUL-3-2205-2-300x58.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03025201/TSLA-JUL-3-2205-2-768x148.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03025201/TSLA-JUL-3-2205-2-1536x297.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03025201/TSLA-JUL-3-2205-2.jpg 1554w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Tesla offers satisfactory Momentum and Quality, while scoring well on the Growth metric, but the stock offers poor Value. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge Stock Rankings</a> today!
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/politics/25/07/46216023/after-trump-warns-elon-musk-to-close-up-shop-china-rallies-behind-worlds-richest-man-theres-no-need-to-keep-putting-up-with-it">After Trump Warns Elon Musk To &#8216;Close Up Shop,&#8217; China Rallies Behind World&#8217;s Richest Man: &#8216;There&#8217;s No Need To Keep Putting Up With It&#8217;</a></li>
</ul>
Photo courtesy: VTT Studio / Shutterstock.com

Elon Musk's Tesla Sales Surge 3.7% In China As Other Markets Cool

Levi Strauss &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEVI#NYSE">LEVI</a>) will release earnings results for the second quarter, after the <a href="https://www.benzinga.com/quote/LEVI">closing bell on Thursday, July 10.</a>
Analysts expect the San Francisco, California-based company to report quarterly earnings at 13 cents per share, down from 16 cents per share in the year-ago period. Levi Strauss projects to report quarterly revenue of $1.37 billion, compared to $1.44 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On May 20, Levi Strauss entered into definitive agreement to sell Dockers&#xAE; to Authentic Brands Group.
Levi Strauss shares gained 1.9% to close at $19.23 on Wednesday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/levi/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul class="wp-block-list">
<li>Citigroup analyst Paul Lejuez maintained a Neutral rating and raised the price target from $14 to $19 on May 21, 2025. This analyst has an accuracy rate of 65%.</li>
<li>Telsey Advisory Group analyst Dana Telsey maintained an Outperform rating and increased the price target from $19 to $21 on May 15, 2025. This analyst has an accuracy rate of 60%.</li>
<li>Wells Fargo analyst Ike Boruchow maintained an Overweight rating and boosted the price target from $20 to $22 on May 14, 2025. This analyst has an accuracy rate of 71%.</li>
<li>Morgan Stanley analyst Alex Straton maintained an Equal-Weight rating and cut the price target from $17 to $16 on April 9, 2025. This analyst has an accuracy rate of 65%.</li>
<li>Stifel analyst Drew Crum maintained a Buy rating and cut the price target from $25 to $20 on April 8, 2025. This analyst has an accuracy rate of 69%</li>
</ul>
Considering buying LEVI stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/LEVI/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="568" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03034156/image-33-1024x568.png" alt="" class="wp-image-971530" style="width:640px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03034156/image-33-1024x568.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03034156/image-33-300x166.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03034156/image-33-768x426.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/03034156/image-33.png 1140w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read This Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/07/46218519/jim-cramer-gives-utilities-stock-a-week-says-doge-not-done-clobbering-booz-allen">Jim Cramer Gives Utilities Stock &#8216;A Week,&#8217; Says DOGE &#8216;Not Done Clobbering&#8217; Booz Allen</a> </li>
</ul>
Photo via Shutterstock

Price Target

Markets

Analyst Ratings

Trading Ideas

LEVI

Levi Strauss Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

<ul>
<li>Polestar selects Volvo Cars as development and manufacturing partner for Polestar 7</li>
<li>Utilising Group architectures enables access to the latest technologies, in a cost-efficient manner</li>
<li>Polestar 7 planned to be launched in 2028</li>
</ul>

PSNY

VLVLY

Polestar Selects Volvo Cars As Manufacturing Partner For Polestar 7, Expanding European Footprint

Mark Zuckerberg, the CEO of Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), was allegedly asked to leave a meeting in the Oval Office due to security clearance issues.
What Happened: Zuckerberg, who was at the White House to meet with President Donald Trump, unexpectedly walked into a meeting about the F-47 stealth fighter jet, <a href="https://www.nbcnews.com/politics/donald-trump/fox-news-maga-hats-cookies-trump-west-wing-rcna214754">NBC</a> News reported on Wednesday. The Facebook founder was reportedly asked to wait outside due to concerns about his security clearance.
However, a senior Trump official refuted the claim that Zuckerberg was asked to leave the Oval Office.&nbsp;He told The New York Post&nbsp;that the situation was &#8220;mischaracterized.&#8221; &#8220;He was not asked to leave,&#8221; the official said. &#8220;He&nbsp;popped in to say hello&nbsp;at the president's request, and&nbsp;then left to wait for&nbsp;his meeting with POTUS to&nbsp;begin, which was scheduled to&nbsp;occur after the meeting with&nbsp;the pilots.&#8221;
SEE ALSO:&nbsp;<a href="https://benzinga.com/news/politics/25/07/46237506/trump-says-jerome-powell-should-resign-immediately-after-fhfa-director-alleges-fed-chair-lied-about" target="_blank" rel="noreferrer noopener">Trump Says Jerome Powell Should &#8216;Resign Immediately&#8217; After FHFA Director Alleges Fed Chair Lied About $2.5 Billion Renovation Plan</a>
Why It Matters: This incident comes amid a series of events that have linked&nbsp;Mark Zuckerberg&nbsp;and&nbsp;Meta Platforms Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) to the Trump administration. Meta insiders revealed that Zuckerberg&#8217;s apparent alignment with the <a href="https://www.benzinga.com/markets/tech/25/06/46050532/mark-zuckerbergs-maga-pivot-driven-by-elon-musk-envy-image-goals-say-betrayed-meta-insiders-report">MAGA movement</a> had left many of his colleagues feeling &#8220;grieving,&#8221; with Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk&#8216;s popularity being a major motivating factor. 
This shift in Zuckerberg&#8217;s public image followed a suggestion by Trump that Meta could invest up to <a href="https://www.benzinga.com/markets/25/03/44323127/trump-suggests-meta-may-invest-up-to-60-billion-in-the-us-by-the-end-of-2025">$60 billion</a> in the US by the end of 2025.
In June, Meta Platforms and other American Big Tech were relieved as Canada&nbsp;rescinded its <a href="https://www.benzinga.com/markets/tech/25/06/46161429/canada-rescinds-digital-services-tax-after-trump-calls-it-a-blatant-attack-on-america">Digital Services Tax</a>&nbsp;after Trump called it a &#8220;blatant attack&#8221; on America, a move that was seen as a step towards mending bilateral relations. 
On a year-to-date basis, Meta stock surged 19.08%.
<ul class="wp-block-list">
<li>READ MORE: <a href="https://www.benzinga.com/markets/tech/25/07/46216611/openais-sam-altman-hints-at-compensation-evaluation-amid-metas-distasteful-ai-talent-poaching-spree-report">OpenAI&#8217;s Sam Altman Hints At Compensation Evaluation Amid Meta&#8217;s &#8216;Distasteful&#8217; AI Talent Poaching Spree: Report</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Mark Zuckerberg Reportedly Crashes Donald Trump's Oval Office F-47 Jet Briefing, Asked To Leave—White House Says Situation 'Mischaracterized'

The Libertarian National Committee has made a bold pitch to Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk, urging the billionaire to join their ranks and avoid the challenges of launching a new party.
What Happened: The Libertarian Party, led by Chair&nbsp;Steven Nekhaila, has reached out to Musk, proposing that he join their party instead of creating a new one,&nbsp;<a href="https://www.politico.com/news/2025/07/02/libertarian-chair-asks-elon-musk-to-join-them-00436172?cdmc=2zK7JEWyzG9KT9ldeUIHAGDJRlx&amp;refcode2=2zK7JEWyzG9KT9ldeUIHAGDJRlx&amp;refcodecdmc=2zK7JEWyzG9KT9ldeUIHAGDJRlx">reported</a>&nbsp;Politico. Nekhaila believes that the Libertarian Party is best positioned to be a disruptive force and that Musk&#8217;s financial backing could significantly advance their cause.
"Making a new third party would be a mistake," Nekhaila told the publication. 
Musk, who has previously invested over $250 million in the 2024 election, primarily through his America PAC, has not yet responded to the invitation. Meanwhile, Libertarian Party, with an annual budget of $1 million to $3 million are actively trying to reach out to him, especially given his recent support for Republican Rep. Thomas Massie, who is known for his libertarian views.
Nekhaila argues that the Libertarian Party&#8217;s existing&nbsp;ballot access in almost every&nbsp;state gives them a significant advantage over new or independent parties. He points to the challenges faced by&nbsp;Robert F. Kennedy Jr.&nbsp;in securing ballot access during the 2024 election, which ultimately led to him withdrawing his name from many ballots after endorsing&nbsp;Donald Trump.
Despite Musk&#8217;s substantial political investments, Nekhaila noted that the billionaire has not seen the expected returns. 
SEE ALSO: <a href="https://benzinga.com/crypto/cryptocurrency/25/07/46227149/every-new-trillion-of-debt-in-trumps-big-beautiful-bill-is-free-adertising-for-bitcoin-expe" target="_blank" rel="noreferrer noopener">Every New Trillion Of Debt In Trump&#8217;s &#8216;Big Beautiful Bill&#8217; Is &#8216;Free Adertising For Bitcoin,&#8217; Expert States</a>
Why It Matters: Musk has recently shown interest in political involvement, expressing his intention to establish a new &#8220;America Party&#8221; following the passage of the GOP&#8217;s megabill. Musk <a href="https://www.benzinga.com/news/politics/25/06/46186733/elon-musk-staging-a-political-comeback-tesla-ceo-sparks-america-party-buzz-as-he-slams-trumps-insane-spending-bill">criticized </a>President Donald Trump&#8216;s spending bill and hinted at forming the America Party if the bill passed.
Even with his immense resources, a <a href="https://www.benzinga.com/news/politics/25/07/46210411/musk-third-party-odds-hit-47-can-the-tesla-chief-do-what-no-one-has-since-1853">third-party venture </a>could still be an uphill battle for Musk. The Libertarian Party&#8217;s existing infrastructure and ballot access could provide an alternative for Musk to influence the political landscape.
The Libertarian Party is not the only group courting Musk. Dan Webb, the leader of No Labels, a political group advocating for a centrist presidential ticket, has also expressed interest in engaging with Musk, reported Politico.
<ul class="wp-block-list">
<li>READ MORE: <a href="http://Elon Musk's 'Stupid' Actions Will Be Tesla's 'Nail In The Coffin,' Ross Gerber Warns">Elon Musk&#8217;s &#8216;Stupid&#8217; Actions Will Be Tesla&#8217;s &#8216;Nail In The Coffin,&#8217; Ross Gerber Warns </a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Elon Musk Receives Invitation To Join Libertarian Party: 'Making A New Third Party Would Be A Mistake'

Del Monte Foods, a 138-year-old titan in canned fruits and vegetables, filed for Chapter 11 bankruptcy on July 1 in the U.S. Bankruptcy Court for the District of New Jersey, aiming to restructure its finances and pursue a sale of its assets.
What Happened: The company, known for brands like Del Monte, Contadina, and College Inn, secured $912.5 million in debtor-in-possession financing, including $165 million in new funds, to maintain operations during this process, according to a press release
The company's struggles stem from a combination of heavy debt, shifting consumer preferences, and macroeconomic pressures. 
A CNN Business <a href="https://edition.cnn.com/2025/07/02/food/del-monte-foods-bankruptcy" target="_blank" rel="noopener">report</a> indicates that consumers are increasingly favoring healthier, preservative-free alternatives, reducing demand for Del Monte's core products.
While competitors adapted to trends like plant-based fresh foods and innovative packaging, Del Monte's flat sales of $2.4 billion in fiscal 2024 and a $127 million net loss reflect its failure to pivot effectively.
Greg Longstreet, the president and CEO of Del Monte Foods, said that the company &#8220;faced challenges intensified by a dynamic macroeconomic environment.&#8221; 
Additionally, the 2014 acquisition by Del Monte Pacific Limited saddled the U.S. subsidiary with over $1.2 billion in secured debt, exacerbated by rising interest rates, as <a href="https://www.bloomberg.com/news/articles/2025-07-02/canned-food-producer-del-monte-foods-files-for-bankruptcy">noted </a>by Bloomberg. 
&#8220;This is a strategic step forward for Del Monte Foods. After a thorough evaluation of all available options, we determined a court-supervised sale process is the most effective way to accelerate our turnaround and create a stronger and enduring Del Monte Foods,&#8221; added Longstreet.
See Also: <a href="https://www.benzinga.com/markets/equities/25/07/46188237/bill-gates-is-betting-two-thirds-of-his-foundations-portfolio-in-these-3-stocks">Bill Gates Is Betting Two-Thirds Of His Foundation&#8217;s Portfolio In These 3 Stocks</a>
Why It Matters: Here is how the stocks of the other canned food products in the U.S. have performed in 2025 and over the last year.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Stocks</td>
<td>YTD Performance</td>
<td>One Year Performance</td>
</tr>
<tr>
<td>Kraft Heinz Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KHC#NASDAQ">KHC</a>)</td>
<td>-12.06%</td>
<td>-15.67%</td>
</tr>
<tr>
<td>Conagra Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAG#NYSE">CAG</a>)</td>
<td>-23.60%</td>
<td>-24.85%</td>
</tr>
<tr>
<td>Campbell Soup Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPB#NYSE">CPB</a>)</td>
<td>-24.01%</td>
<td>-29.04%</td>
</tr>
<tr>
<td>B&amp;G Foods, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BGS#NYSE">BGS</a>)</td>
<td>-36.33%</td>
<td>-42.09%</td>
</tr>
<tr>
<td>General Mills Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GIS#NYSE">GIS</a>)</td>
<td>-15.28%</td>
<td>-14.66%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, edged higher on Wednesday. The SPY was up 0.45% at $620.45, while the QQQ advanced 0.70% to $550.80, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/07/46216283/dan-ives-urges-apple-to-make-a-move-saying-that-perplexity-acquisition-is-a-no-brainer-its-a-matter-of-when-and-not-if">Dan Ives Urges Apple &#8216;To Make A Move,&#8217; Saying That Perplexity Acquisition Is &#8216;A No-Brainer&#8217;: &#8216;It&#8217;s A Matter Of When And Not If&#8217;</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Postmodern Studio / Shutterstock.com

Del Monte Foods Files Chapter 11 Bankruptcy: Here's Why The Canned Foods Maker Struggled While Its Rivals Are Going Strong

Aebi Schmidt Holding AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEBI#NASDAQ">AEBI</a>), the Swiss manufacturer of agricultural machinery, has commenced regular trading on the Nasdaq, following its merger with the U.S.-based Shyft Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHYF#NASDAQ">SHYF</a>).
What Happened: The stock of Aebi Schmidt dropped 86.57% to $11.18 on Wednesday during the regular session, after the company started trading on the Nasdaq. The stock closed at $16.41 in after-hours trading, marking a 46.78% increase.
The company&#8217;s previous close was $83.26, with a day range of $10.10 to $33.00. The year range was $10.10 to $83.26, with an average volume of 44.00.
See Also: <a href="https://benzinga.com/crypto/cryptocurrency/25/07/46220570/how-trumps-big-beautiful-bill-could-create-a-big-beautiful-bull-run-for-bitcoin-ethereum-xr">How Trump&#8217;s &#8216;Big Beautiful Bill&#8217; Could Create A &#8216;Big Beautiful Bull Run&#8217; For Bitcoin, Ethereum, XRP</a>
&nbsp;The new entity began trading on the Nasdaq on July 1, 2025.
Why It Matters: The Shyft Group and Aebi Schmidt Group completed a $2 billion merger, creating a global specialty vehicle leader. The merger was announced in June 2024 and was <a href="https://www.benzinga.com/m-a/25/05/45405846/shyft-group-advances-merger-process-with-aebi-schmidt-as-sec-declares-registration-statement-effecti">finalized</a> in July 2025. The merger was approved by Shyft Group shareholders in June 2025, after the company received the SEC&#8217;s declaration that the registration statement was effective for the new entity to trade on the Nasdaq as &#8220;AEBI&#8221;.
The merger was a strategic move for both companies, with Shyft Group aiming to expand its global presence and Aebi Schmidt seeking to strengthen its position in the U.S. market.&nbsp;
Read Next: <a href="https://benzinga.com/markets/macro-economic-events/25/07/46213919/elon-musk-is-100-correct-says-balaji-srinivasan-america-is-broke-and-there-is-no-fi">Elon Musk Is 100% Correct, Says Balaji Srinivasan: America Is &#8216;Broke&#8217; And There Is &#8216;No Fix&#8217; But Is It A Win-Win For Bitcoin?</a>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Photo Courtesy: Sittipong Phokawattana on Shutterstock

AEBI

SHYF

Aebi Schmidt Makes Nasdaq Debut After Shyft Merger, Stock Surges 47% In After-Hours Trading

With U.S. stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows:
<ul class="wp-block-list">
<li>Franklin Covey Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FC#NYSE">FC</a>) reported downbeat results for the third quarter and lowered its FY2025 sales guidance after the closing bell on Wednesday, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. The company posted a quarterly loss of 11 cents per share, which missed the analyst consensus estimate of a loss of 4 cents per share. The company reported quarterly sales of $67.121 million, which missed the analyst consensus estimate of $67.491 million. Franklin Covey shares dipped 7.8% to $22.28 in the after-hours trading session.</li>
<li>Xponential Fitness Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XPOF#NASDAQ">XPOF</a>) shares rose sharply after the company disclosed in a Form 8 filing that the SEC concluded its investigation without action. Xponential Fitness shares jumped 22.9% to $9.17 in the after-hours trading session.</li>
<li>Banzai International Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNZI#NASDAQ">BNZI</a>) announced a 1-for-10 reverse stock split. Banzai International shares fell 2.3% to $0.63 in the after-hours trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul class="wp-block-list">
<li>FiEE Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MINM#NASDAQ">MINM</a>) entered into an asset purchase agreement with Suzhou Yixuntong to acquire intellectual property and fixed assets for $1.4 million. FiEE shares jumped 44.2% to $3.85 in the after-hours trading session.</li>
<li>National Beverage Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIZZ#NASDAQ">FIZZ</a>) posted in-line earnings for its fourth quarter, while sales topped estimates. National Beverage shares gained 2.1% to $45.79 in after-hours trading.</li>
</ul>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/07/46218519/jim-cramer-gives-utilities-stock-a-week-says-doge-not-done-clobbering-booz-allen"> Jim Cramer Gives Utilities Stock &#8216;A Week,&#8217; Says DOGE &#8216;Not Done Clobbering&#8217; Booz Allen</a> </li>
</ul>
Photo courtesy: Shutterstock

BNZI

FIZZ

MINM

XPOF

Franklin Covey, National Beverage And 3 Stocks To Watch Heading Into Thursday

Press Releases

Praxis Precision Medicines to Present on Late-Stage Programs across Epilepsy and Movement Disorders at the American Academy of Neurology 2025 Annual Meeting

Comments

Praxis Precision Medicine

Vendite allo scoperto

Praxis Precision Medicine (NASDAQ:PRAX) Azioni, Report sulle vendite allo scoperto

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO