Priority Tech Holdings Azioni (NASDAQ: PRTH)

Ultime notizie per Priority Tech Holdings (NASDAQ:PRTH) Azioni

PRIORITY TECHNOLOGY HOLDINGS

Priority Tech Holdings

Priority Technology Holdings Inc is a provider of merchant acquiring and commercial payment solutions to small and medium business enterprises in the United States. The company has three reportable segments which are SMB Payments, B2B Payments, and Enterprise Payments. SMB Payments segment which generates the majority of revenue provides full-service acquiring and payment-enabled solutions for B2C transactions, leveraging Priority's proprietary software platform, distributed through ISO; the B2B Payments segment provides AP automation solutions to corporations, software partners, & industry FIs: and Enterprise Payments segment provides embedded payment & treasury solutions to enterprise customers to modernize legacy platforms & accelerate software partners' strategies to monetize payments.

News

IVP Inspire Veterinary Partners Inc Files SEC Prospectus for Up to 3.3M Units Offering

SQNS

Sequans (NYSE:SQNS) Closes $384M Strategic Investment To Launch Bitcoin Treasury Initiative, With $195M PIPE And $189M In Convertible Debentures

Organigram Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OGI#NASDAQ">OGI</a>) (TSX:<a class="ticker" href="https://www.benzinga.com/stock/OGI#TSX">OGI</a>), (the "Company" or "Organigram"), Canada's #1 cannabis company by market share, announced today that its recently acquired beverage business, Collective Project, has launched an e-commerce platform in the U.S. marking a key milestone in the Company's strategic expansion into the rapidly evolving U.S. hemp-derived THC beverage market. The launch also includes a bold new portfolio of hemp-derived THC beverages designed to meet diverse consumer preferences.
&nbsp;
In response to consumer demand for accessible, high-quality THC beverages, the Company's e-commerce platform at <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fcollectiveproject.com&amp;esheet=54287037&amp;newsitemid=20250708060367&amp;lan=en-US&amp;anchor=https%3A%2F%2Fcollectiveproject.com&amp;index=1&amp;md5=df1f46f214f5809d8b5213d5ec5ffd28">https://collectiveproject.com</a> expands U.S. consumer access to these products across 25 states. The launch represents a milestone in Organigram's multi-phase U.S. expansion strategy, enhancing the Company's presence in a category experiencing growth. The hemp-derived THC beverage market in the U.S. has already surpassed $1 billion in retail sales and is projected to reach $4 billion by 20281.
The platform launches with an expanded and diverse line of products for every occasion, including Sparkling Juices and Sparkling Lemonades. Available in multiple pack sizes and THC dosages, the beverages are designed to cater to a range of preferences and experience levels, from curious newcomers to seasoned connoisseurs. The second phase of the launch will include Fetch, a new line of bold hemp-derived THC sodas set to launch later this summer, with details to be announced.

TSX:OGI

Canadian Cannabis Brand Organigram Launches THC Drinks Online in 25 US States, Expands Into $1B US THC Beverage Market With New E-Commerce Rollout

Concentra will acquire CARGO for $4.379 in cash per share of CARGO common stock, par value $0.001 per share ("CARGO Common Stock"), plus one non-transferable contingent value right ("CVR"), which represents the right to receive:
&nbsp;(i) 100% of the closing net cash of CARGO in excess of $217.5 million; and&nbsp;
(ii) 80% of any net proceeds received within two years following closing from any disposition of certain of CARGO's product candidates that occurs within two years following closing, each pursuant to a contingent value rights agreement

CRGX

Concentra Biosciences To Acquire CARGO Therapeutics For $4.379 Cash Per Share Plus Contingent Value Right, Deal Expected To Close August 2025

<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4463195-1&amp;h=2715295146&amp;u=https%3A%2F%2Fwww.sojern.com%2F&amp;a=Sojern">Sojern</a>, the leading marketing platform built for hospitality, is joining forces with <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4463195-1&amp;h=296508193&amp;u=https%3A%2F%2Fpubmatic.com%2F&amp;a=PubMatic">PubMatic</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PUBM#NASDAQ">PUBM</a>), an independent technology company shaping the future of digital advertising's supply chain. This new relationship enables agencies and advertisers to access and activate Sojern's extensive real-time travel data insights, with PubMatic's premium inventory, to target travelers more accurately and in a privacy-compliant way.
&nbsp;
Creating personalized, targeted campaigns requires finding the right mix of audiences and inventory supply. Curation is a preferred option, enabling real-time optimization and measurement so brands can create relevant ads that drive results. By using a <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4463195-1&amp;h=2193176365&amp;u=http%3A%2F%2Fsojern.com%2Fblog%2Fwhat-googles-latest-third-party-cookie-news-means-for-travel-marketers--and-why-were-ready&amp;a=multi-ID+approach">multi-ID approach</a>, curation enables advertisers to work directly with supply-side platforms (SSPs) to strategically combine first-party data, Sojern travel segments, and premium inventory.

PUBM

Sojern Teams Up With PubMatic to Deliver Smarter Travel Ads With Real-Time Data

Craig Shapiro, a macro strategist at The Bear Traps Report, says that President Donald Trump&#8217;s approach to inflation management is not that unlike &#8220;running a protection racket,&#8221; one that is built on coercion and intimidation, rather than the use of monetary tools.
What Happened: &#8220;Trump isn't fighting inflation with traditional tools,&#8221; Shapiro said on Monday, in a post on X, adding that &#8220;He's managing it like a boss running a protection racket.&#8221;
According to Shapiro, Trump&#8217;s strategy hinges on behavioral enforcement via public shaming, regulatory threats, and backroom pressure tactics to influence corporate pricing behavior, instead of fiscal and monetary controls.
See Also: <a href="https://www.benzinga.com/markets/forex/25/07/46272823/as-us-dollar-sinks-top-economist-warns-10-slide-could-spark-new-inflation-spike">As US Dollar Sinks, Top Economist Warns 10% Slide Could Spark New Inflation Spike</a>
He cites several examples of this, starting with his <a href="https://www.benzinga.com/news/25/05/45530157/peter-schiff-slams-trumps-eat-the-tariffs-message-to-walmart-he-might-as-well-ask-it-to-eat-rent-wag">&#8220;eat the tariffs&#8221; remark</a> to Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>), <a href="https://www.benzinga.com/markets/tech/25/06/45769527/trump-threatened-tariffs-on-apple-and-mattel-why-the-barbie-maker-could-slide-free-but-tim-cooks-com">the tariffs threat</a> to Mattel Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAT#NASDAQ">MAT</a>) and Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), and so much more. 
Shapiro calls this model &#8220;Protection Racket Capitalism,&#8221; where major corporations like Walmart, Apple, and Exxon Mobil Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) play the role of capos expected to enforce price discipline in their respective sectors. &#8220;Maintain discipline in your territory, or else,&#8221; he says.
&#8220;Meanwhile,&#8221; he says, Trump is using other policy tools, such as running deficits, imposing tariffs and pursuing deregulation, all of which he says are inflationary, while the &#8220;narrative is being held together by intimidation.&#8221;
The biggest vulnerability, according to Shapiro, is structural inflation. &#8220;You can jawbone Walmart,&#8221; he says. &#8220;You can threaten refiners. But you can't jawbone the rent.&#8221;
In conclusion, he states that if core inflation metrics were to reaccelerate in late-2025, this entire &#8220;Boss Economy&#8221; model could unravel, revealing a fragile narrative being held together, not by policy strength, but by optics and intimidation. 
<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">Trump isn't fighting inflation with traditional tools. He's managing it like a boss running a protection racket. Welcome to the Boss Economy: a world where prices are controlled by fear, favor, and direct intervention from the top. &#x1f9f5;
&mdash; Craig Shapiro (@ces921) <a href="https://twitter.com/ces921/status/1942192955885773235?ref_src=twsrc%5Etfw">July 7, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: This is precisely what Economist Peter Schiff had warned several months ago when Trump had asked Walmart to &#8220;eat the tariffs&#8221; and not pass on the costs to consumers. 
&#8220;Trump said Walmart should eat the tariffs. He might as well tell Walmart to <a href="https://www.benzinga.com/news/25/05/45530157/peter-schiff-slams-trumps-eat-the-tariffs-message-to-walmart-he-might-as-well-ask-it-to-eat-rent-wag">eat its rent</a>, wages, insurance, utilities, and all of its other costs too,&#8221; Schiff said.
Besides this, Yardeni Research President&nbsp;Ed Yardeni, believes that Trump&#8217;s tariffs have not been inflationary thus far, because falling oil and goods prices are <a href="https://www.benzinga.com/government/regulations/25/04/44828850/trump-tariffs-may-not-ignite-inflation-after-all-says-yardeni?">providing a deflationary backdrop</a>. 
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/asia/25/07/46290263/is-china-dodging-us-tariffs-direct-exports-to-america-plunge-43-as-vietnam-and-indonesia-see-big-spurts-report">Is China Dodging US Tariffs? Direct Exports To America Plunge 43% As Vietnam And Indonesia See Big Spurts: Report</a></li>
</ul>
Photo courtesy: Rawpixel.com / Shutterstock.com

Politics

AAPL

Trump Manages Inflation Like 'Boss Running A Protection Racket,' Says Craig Shapiro: 'You Can Jawbone Walmart, But Not The Rent'

Parsons Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSN#NYSE">PSN</a>) announced today that the company has been appointed as the Project Management Consultant on the Dubai Metro Blue Line project by the government of Dubai's Roads and Transport Authority (RTA). The contract represents new work for Parsons and spans five years.
Under the contract, Parsons will provide comprehensive project management services including design review, procurement support, construction supervision, testing and commissioning oversight, and project handover management. The Dubai Metro Blue Line, expected to commence operations in 2029, is a key component of Dubai's D33 Economic Agenda, which aims to position Dubai among the world's fastest, safest, and most connected cities by 2033.

Parsons Lands 5-Year Deal to Oversee Dubai's New Metro Line, Boosting Global Footprint

RMTI

Rockwell Medical Signs Multi-Year, Multi-Million Dollar Deal With Innovative Renal Care To Supply Hemodialysis Concentrates Across US Clinics

SHEN

Shenandoah Telecommunications Expands Glo Fiber FTTH To 2,600 More Homes In Frederick County, MD, Bringing 5 Gbps Service To Walkersville And New Market By 2026 At Straightforward Pricing

Aurora Mobile Expands Stablecoin Use Cases In SaaS, Content, And Advertising With HashNut-Powered Web3 Payments

Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) strengthened its partnership with OpenAI after the ChatGPT maker confirmed it has no plans to deploy Alphabet Inc.&#8216;s (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>) in-house artificial intelligence chips at scale, despite recent cloud collaboration between the rivals.
What Happened: &#8220;We&#8217;re proud to partner with OpenAI and continue powering the foundation of their work,&#8221; Nvidia wrote on X Monday, citing a Reuters report that OpenAI rejected Google&#8217;s tensor processing units (TPUs) for large-scale deployment.
<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">We're proud to partner with <a href="https://twitter.com/OpenAI?ref_src=twsrc%5Etfw">@OpenAI</a> and continue powering the foundation of their work. <a href="https://t.co/CWgsn1uAIk">pic.twitter.com/CWgsn1uAIk</a>
&mdash; NVIDIA (@nvidia) <a href="https://twitter.com/nvidia/status/1942270425607569562?ref_src=twsrc%5Etfw">July 7, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
OpenAI spokesperson confirmed to Reuters on Sunday that the AI lab is conducting early testing with some Google TPUs but has no active plans to use them at scale. The company continues relying on Nvidia&#8217;s graphics processing units (GPUs) and Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) AI chips to meet growing computational demands.
The statement comes two days after Reuters reported OpenAI signed a cloud services deal with Google Cloud in May, marking a rare partnership between direct AI competitors. 
See Also: <a href="https://www.benzinga.com/markets/hedge-funds/25/07/46290114/bill-ackman-bets-over-60-of-pershing-squares-portfolio-in-these-4-stocks-uber-hhh-and-more">Bill Ackman Bets Over 60% Of Pershing Square&#8217;s Portfolio In These 4 Stocks: UBER, HHH And More</a>
Why It Matters: The agreement provides OpenAI access to Google&#8217;s <a href="https://www.benzinga.com/news/23/05/32645037/nvidia-vulnerable-to-in-house-ai-chip-production-by-google-meta-microsoft-amazon">infrastructure to support training and deployment</a> of models like ChatGPT, reducing reliance on Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) Azure.
Google has expanded external availability of its TPUs, historically reserved for internal use, winning customers including Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and AI startups Anthropic and Safe Superintelligence. The <a href="https://www.benzinga.com/markets/equities/24/10/41615800/googles-cost-advantage-with-custom-chips-only-nvidia-tops-it-says-analyst">custom chips offer Google a cost advantage</a> second only to Nvidia in performance, according to D.A. Davidson analyst Gil Luria.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/biotech/25/07/46289610/palantir-co-founder-joe-lonsdale-wants-a-fda-overhaul-with-special-forces-style-ai-team-because-china-is-racing-to-outpace-us-in-biotech">Palantir Co-Founder Joe Lonsdale Wants A FDA Overhaul With Special Forces-Style AI Team Because China Is Racing To Outpace US In Biotech</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: Jack Hong / Shutterstock.com

Equities

Markets

Tech

CRWV

GOOG

GOOGL

MSFT

NVDA

OpenAI Sticks With Nvidia: ChatGPT Maker Says No Plans To Use Google's AI Chips At Scale

In the wake of&nbsp;Elon Musk&#8216;s political aspirations, traders who bet against&nbsp;Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) are projected to earn approximately $1.4 billion due to a resultant drop in the company&#8217;s stock.
What Happened: Elon Musk's plan to launch a new U.S. political party has sparked doubts about his focus on Tesla's future. Coupled with his ongoing public clash with President Donald Trump over the tax-cut and spending bill, this led to nearly a 7% drop in Tesla's shares during early trading on Monday, according to a Reuters. 
With the shares valued at $296, those who bet against the electric vehicle maker are poised to make around $1.4 billion, according to data from analytics firm Ortex. This follows a $4 billion profit made by short sellers on June 5, after Tesla&#8217;s largest single-day market value drop, also due to the Musk-Trump social media spat.
By the close of trading, Tesla&#8217;s shares had dropped 6.8% to $293.94, marking a total loss of 22.5% year-to-date.
SEE ALSO: <a href="https://benzinga.com/markets/tech/25/07/46288500/elon-musk-may-be-callous-insensitive-and-extremely-cruel-but-black-swan-author-nassim-taleb-is-prayi" target="_blank" rel="noreferrer noopener">Elon Musk May Be Callous, Insensitive And &#8216;Extremely Cruel&#8217; But &#8216;Black Swan&#8217; Author Nassim Taleb Is Praying For His Safety Amid Rift With Trump</a>
Why It Matters: Musk&#8217;s political ambitions have been a point of concern for investors, with some suggesting that the lack of an<a href="https://www.benzinga.com/markets/tech/25/07/46273662/no-plan-b-teslas-musk-premium-is-on-thin-ice"> alternative CEO </a>could be detrimental to Tesla&#8217;s future. The company&#8217;s shares have been on a downward trajectory, with profits and deliveries hitting multi-quarter lows, leading to investor unease.
Notably, veteran investors and analysts, including Ross Gerber and Dan Ives, have criticized Musk&#8217;s return to politics and questioned the Tesla Board of Directors as the company&#8217;s stock was <a href="https://www.benzinga.com/markets/tech/25/07/46288776/ross-gerber-slams-joke-tesla-board-as-elon-musk-returns-to-politics-dan-ives-says-musk-cannot-start-own-political-party-and-remain-ceo">on a declining</a> spree on Monday.
President Donald Trump has also expressed<a href="https://www.benzinga.com/news/politics/25/07/46266957/trump-calls-america-party-a-train-wreck-blasts-elon-musk-for-going-completely-off-the-rails-president-says-system-not-designed-for-a-third-player"> his discontent </a>with Musk&#8217;s political plans, describing them as a &#8220;train wreck&#8221; and suggesting that the U.S. system is not designed for third-party disruption.
<ul class="wp-block-list">
<li>READ MORE: <a href="https://www.benzinga.com/news/politics/25/07/46290046/beijing-rejects-elon-musk-as-a-geopolitical-asset-lukewarm-response-to-chinese-diplomatic-overreach-trump-feud-reportedly-diminishes-musks-value">Beijing Rejects Elon Musk As A &#8216;Geopolitical Asset&#8217;: Lukewarm Response To Chinese Diplomatic Overreach, Trump Feud Reportedly Diminishes Musk&#8217;s Value</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.

TSLA

Tesla Short Sellers To Earn Nearly $1.4 Billion In Profits Amid Elon Musk's Political Ambitions: Report

Memecoins themed around Elon Musk's ‘America Party' are making a splash on price charts, netting quick gains for volatility-loving degens.
What happened: Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)-based America Party (AMERICA) exploded 129% in the last 24 hours, <a href="https://coinmarketcap.com/currencies/americaparty/">according </a>to CoinMarketCap.
The coin's self-reported market capitalization hit nearly $180 million, although CoinMarketCap said that it had not verified the figures.
Similarly, the America Party (AP) <a href="https://coinmarketcap.com/currencies/america-party/">rose</a> 6.71% in the last 24 hours and a whopping  483% since the party's launch.
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>24-hour Gains +/-</td>
<td>Price (Recorded at 4:30 a.m. ET)</td>
</tr>
<tr>
<td>America Party (AMERICA)</td>
<td>+129%</td>
<td>$0.0000004123</td>
</tr>
<tr>
<td>America Party (AP)</td>
<td>+5.79%</td>
<td>$0.03137</td>
</tr>
</tbody>
</table>
</figure>
Note that these memecoins have no connection to Musk or the party and are merely seeking to profit from the buzz.
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/news/politics/25/07/46289626/ron-desantis-warns-elon-musk-the-america-party-could-hand-congress-to-democrats-dont-want-to-see-that-happen">Ron DeSantis Warns Elon Musk The &#8216;America Party&#8217; Could Hand Congress To Democrats: &#8216;Don&#8217;t Want To See That Happen&#8217;</a>
Why It Matters: Musk, the world&#8217;s richest individual, and founder of tech giants such as Tesla and SpaceX, <a href="https://www.benzinga.com/news/politics/25/07/46265725/elon-musk-announces-formation-of-america-party-emerges-in-wake-of-donald-trumps-historic-spending-bill" target="_blank" rel="noreferrer noopener">announced the formation</a>&nbsp;of a new political party, the America Party, as a countermeasure to what he views as a flawed two-party system.
Musk conducted a poll on X, asking voters about their desire for independence from the existing political framework. The poll garnered over 1.2 million votes, with a majority of 65.4% favoring a new political party.
Interestingly, he confirmed that the party will &#8220;embrace&#8221; Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) because fiat currencies have become &#8220;hopeless.&#8221;
Benzinga Note: Investing in meme coins is highly speculative and involves significant risk. Meme coins often lack intrinsic value and are driven by market sentiment, social media trends, and speculative trading
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/politics/25/07/46267326/elon-musks-america-party-is-a-move-in-the-opposite-direction-says-dan-ives-analyst-gary-black-says-difficult-to-predict-impact-on-tesla-brand-short-term">Elon Musk&#8217;s America Party Is A Move In The &#8216;Opposite Direction,&#8217; Says Dan Ives, Analyst Gary Black Says Difficult To Predict Impact On Tesla Brand Short Term</a><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46148904/donald-trump-says-bitcoin-takes-a-lot-of-pressure-off-the-dollar"> </a></li>
</ul>
Image Credit: Jasen Vinlove/Imagn Images

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

Cryptocurrency

Movers

Trading Ideas

$BNB

$BTC

$ETH

$TON

MARA

MSTR

Elon Musk's 'America Party' Inspires Wild Memecoin Surge — One Token Jumps 129% In 24 Hours

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) was forced to reimburse the $10,000 fee charged for its Full Self-Driving or FSD package to a Model Y owner, as well as an additional $7,975 for the arbitration process.
What Happened: Marc Dobin, a lawyer based in Kirkland, Washington, said that Tesla breached the contract under which Dobin purchased the Model Y by not providing him the FSD service even after paying $10,000 extra, the lawyer wrote in a blog post <a href="https://dobinlaw.com/dobin-tesla-arbitration-fsd-refund/">on</a> Monday.
Dobin purchased a 2021 Model Y due to his wife's increasing mobility issues. He purchased the Model Y with the FSD package, which wasn't active at the time. "The promise of a car that could drive my wife around gave us hope that she'd maintain independence as her motor skills declined," he said about the FSD tech.
However, Tesla introduced a "safety score" rating system that rated drivers based on undisclosed parameters before unlocking FSD beta. "This requirement was nowhere in any paperwork related to the purchase," he said in the post before adding that the service remained locked &#8220;despite safe driving."
Dobin also said that FSD required driver intervention even when unlocked. "It was clear Tesla's &#8216;Full Self-Driving&#8217; was nowhere near autonomous," Dobin wrote in the post.
He filed an arbitration after waiting 60 days, as stipulated in the contract. Dobin waited for almost a year before the evidentiary hearing was held via Zoom. Tesla had two lawyers and a sales technician present to defend the $10,000 case.
On June 30, it was ruled that Tesla breached the agreement by "failing to disclose the Safety Score prerequisite" and was ordered to pay $10,600 (FSD + tax) to Dobin.
"The company probably spent far more than our refund defending a clearly indefensible practice," Dobin said.
Why It Matters: The news comes as Tesla's FSD system has been under scrutiny by the authorities for <a href="https://www.benzinga.com/markets/tech/25/06/46067027/tesla-robotaxi-faces-nhtsa-scrutiny-over-traffic-violations-during-austin-launch">possible traffic violations</a> during last month's Robotaxi launch in Austin.
The company is also facing a <a href="https://www.benzinga.com/markets/tech/25/06/46068107/elon-musks-tesla-faces-wrongful-death-lawsuit-over-model-s-crash-which-claimed-3-lives-plaintiffs-call-cars-design-defective-and-unreasonably-dangerous">wrongful death lawsuit</a>, filed by the estate of the victims, following a 2024 crash in New Jersey involving a Tesla Model S. The plaintiffs claim the crash happened due to the Model S's "defective and unreasonably dangerous design."
In two separate incidents, a Tesla Model 3 was <a href="https://www.benzinga.com/markets/tech/25/06/45945298/tesla-model-3-on-fsd-mode-struck-by-train-after-getting-trapped-on-railroad-tracks-report">struck by a train</a> as it got stuck on a railroad track and a Tesla Cybertruck was <a href="https://www.benzinga.com/markets/tech/25/06/45991698/tesla-cybertruck-caught-driving-in-wrong-lane-on-fsd-just-days-before-robotaxi-launch">driving in the wrong lane</a> for an extended period. Both incidents posed a danger to the occupants' safety and happened as the vehicles were in "self-driving mode."
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="199" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/08043900/TSLA-JUL-8-2025-2-1024x199.jpg" alt="" class="wp-image-976039" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/08043900/TSLA-JUL-8-2025-2-1024x199.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/08043900/TSLA-JUL-8-2025-2-300x58.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/08043900/TSLA-JUL-8-2025-2-768x149.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/08043900/TSLA-JUL-8-2025-2-1536x298.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/08043900/TSLA-JUL-8-2025-2.jpg 1552w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Tesla offers satisfactory Momentum and Quality while scoring well on the Growth metric. However, 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/25/07/46289556/trumps-tax-bill-axes-the-7500-ev-credit-heres-how-you-can-still-claim-it">Trump&#8217;s Tax Bill Axes The $7,500 EV Credit: Here&#8217;s How You Can Still Claim It</a></li>
</ul>
Photo courtesy: VTT Studio / Shutterstock.com

Elon Musk's Tesla Forced To Pay Nearly $18,000 In Model Y FSD Arbitration: 'Full Self-Driving Was Nowhere Near Autonomous'

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) has filed an appeal against the €500 million ($586 million) fine imposed by the European Union (EU) over alleged anti-competitive practices on its App Store.
What Happened: The EU&#8217;s executive arm, the European Commission, previously charged Apple of violating its laws by restricting app developers from informing customers about alternative offers or marketplaces outside the App Store. The commission also alleged that Apple was steering customers towards in-app purchases, <a href="https://www.bbc.com/news/articles/cpvjdm4mp92o">reported</a> BBC.
Apple has contested the fine, calling it &#8220;unprecedented&#8221; and stated that the decision and its penalty &#8220;go far beyond what the law requires&#8221;. The company is also objecting to the additional concessions the Commission is demanding, which it claims will add complexity to its services and negatively impact users and businesses.
The fine imposed on Apple in April was the first under the EU&#8217;s Digital Markets Act (DMA), a significant legislation aimed at promoting fair business practices in online markets. The DMA also imposes stricter obligations on companies designated as dominant &#8220;gatekeepers&#8221; in certain sectors and threatens hefty fines for rule breaches.
Paolo Pescatore, a technology analyst at PP Foresight, described Apple&#8217;s appeal as a &#8220;widely expected move&#8221; that could set a precedent for others. He also noted that the process of enforcing the required changes could be lengthy and complex.
SEE ALSO: <a href="https://benzinga.com/markets/tech/25/07/46268414/as-elon-musks-rift-with-donald-trump-deepens-former-google-executive-says-maga-and-tech-world-cant-t" target="_blank" rel="noreferrer noopener">As Elon Musk&#8217;s Rift With Donald Trump Deepens, Former Google Executive Says MAGA And Tech World Can&#8217;t Thrive Without Each Other</a>
Why It Matters: This appeal follows a series of events that began with the European Union imposing a total of $800 million in fines on Apple and Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) in April 2025 for violating the bloc&#8217;s Digital Markets Act. Apple was fined approximately $570 million for <a href="https://www.benzinga.com/news/global/25/04/44952117/apple-and-meta-fined-nearly-800-million-for-violating-european-unions-digital-markets-act">restricting app </a>developers from informing users about alternative sales or promotions outside the App Store and for limiting access to competing app stores on Apple devices.
In response, Apple announced new terms in June 2025, allowing developers in the European Union to communicate and promote external purchase offers, marking a significant <a href="https://www.benzinga.com/markets/tech/25/06/46133145/apple-opens-eu-app-store-to-external-payments-to-avoid-fines-under-digital-markets-act-but-adds-new-fees">compliance step</a> under the Digital Markets Act. The updated terms enable developers to direct users to alternative payment channels, including websites, alternative app marketplaces, or other apps.
On a year-to-date basis, Apple stock slumped 13.9%, as per Benzinga Pro.
<ul class="wp-block-list">
<li>READ MORE:<a href="https://www.benzinga.com/markets/tech/25/07/46246152/iphone-sales-bounce-back-in-china-but-huawei-and-xiaomi-intensify-pressure"> iPhone Sales Bounce Back In China, But Huawei And Xiaomi Intensify Pressure </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.

Apple Fights Back Against EU's $586 Million Fine, Says Penalty 'Far Beyond What The Law Requires'

Atul Khekade, co-founder of XDC Network, on Tuesday predicted that tokenization will surpass Bitcoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) transformative power, outlining how tokenization—digitizing and fractionalizing assets like real estate, bonds, and commodities—will reshape the global economy.
Reflecting on his early years in Silicon Valley, Khekade recalled his first experience with Bitcoin. 
"For the first time, value didn't just travel. It disappeared from one phone and appeared on another," he said. "That was the moment I realized this was bigger than just payments. It was the beginning of tokenization."
In his view, the evolution from Bitcoin to tokenization marks a broader transformation in how digital systems handle value. 
"Where Web2 gave us access to information," he said, "Web3 will give us access to assets, not through paperwork or intermediaries, but directly from machine to machine, peer to peer."
Khekade contrasted this emerging model with the limitations of traditional financial systems. "Banks may show you that a transaction is done," he said, "but the actual movement of value happens hours or days later."
He explained that the focus is no longer just about creating standalone solutions but providing the foundational infrastructure that others can build on. 
"We don't build solutions for every sector ourselves," he said. "We build the layer others can use to tokenize what matters to them."
Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46260599/ripples-national-bank-ambition-how-could-it-disrupt-stablecoins-and-traditional-banking">Ripple&#8217;s National Bank Ambition: How Could It Disrupt Stablecoins And Traditional Banking?</a>
According to Khekade, regulatory acceptance is already underway in several parts of the world. 
"We're already working with regulators in Indonesia and the Philippines where XDC is approved for payments," he said. "Several African nations are piloting asset tokenization using XDC."
He emphasized that this shift from speculative assets to tokenized real-world value is already underway and grounded in real deployment. 
"Bitcoin solved trustless money," he said. "Tokenization solves global ownership."
Even as the technology gains traction, Khekade acknowledged that the broader tokenization economy is still early in its lifecycle. "It's like the early days of Amazon. You knew something big was being built, but it wasn't in every home yet. That's where we are with RWA tokenization today."
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46260124/social-media-without-middlemen-wallstreetbets-founder-backs-creator-controlled-platform">Social Media Without Middlemen? WallStreetBets Founder Backs Creator-Controlled Platform</a></li>
</ul>
Photo courtesy: XDC Network

Why Tokenization Could Outgrow Bitcoin: Crypto's Biggest Success Story

Amid mounting fears of foreign espionage and <a href="https://www.benzinga.com/25/02/43426111/openai-rethinks-open-source-as-deepseek-gains-ground-sam-altman-hints-at-major-changes-in-ai-model-development">alleged model theft</a> by Chinese rival DeepSeek, ChatGPT-parent OpenAI has reportedly ramped up its internal security protocols.
What Happened: OpenAI has tightened security to prevent corporate espionage and leaks of its foundational model technologies, reported <a href="https://www.ft.com/content/f896c4d9-bab7-40a2-9e67-4058093ce250">the</a> Financial Times, citing several people close to the company.
This follows allegations that Chinese AI startup DeepSeek used a technique <a href="https://www.benzinga.com/news/25/01/43354099/openai-alleges-deepseek-used-proprietary-models-without-permission-as-microsoft-investigates-ai-secu">known as &#8220;distillation&#8221; to copy</a> OpenAI's models and build a rival system.
The company has adopted an internal "deny-by-default" egress policy, cutting off internet access to internal systems unless explicitly permitted, the report said.
Also Read:&nbsp;<a href="https://www.benzinga.com/news/fda/25/06/45945282/sarepta-therapeutics-stock-plummets-over-40-on-second-fatal-case-linked-to-its-gene-therapy" target="_blank" rel="noreferrer noopener">Sarepta Therapeutics Stock Plummets Over 40% On Second Fatal Case Linked To Its Gene Therapy</a>
It has also installed biometric fingerprint scans at secure facilities and restricted employee access under a system known as information "tenting."
For instance, staff working on the internally code-named "Strawberry" model were warned not to discuss the project outside the designated "tent," ensuring only authorized personnel had access to critical conversations and code, the report noted.
"It got very tight — you either had everything or nothing," a source told the publication, describing the new protocols. Over time, more staff are being granted limited access to specific components without visibility into broader projects.
To lead this transformation, OpenAI hired Dane Stuckey, former chief information security officer at Palantir Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), last October. He now oversees cyber and data defense alongside Matt Knight, OpenAI's VP of security products.
The company has also brought on retired U.S. Army General Paul Nakasone to its board, bolstering its defense posture.
Why It's Important: As tensions escalate between the <a href="https://www.benzinga.com/markets/asia/25/07/46266218/us-plans-to-restrict-ai-chip-exports-to-malaysia-thailand-to-curb-diversion-to-china">U.S. and China over AI</a> leadership, OpenAI's moves reflect a broader concern that foundational model data could be weaponized by geopolitical adversaries.
U.S. authorities have warned that China is aggressively <a href="https://www.benzinga.com/news/global/25/02/43600852/china-sets-sights-on-us-tech-companies-as-trade-tensions-rise">targeting American tech firms</a> to gain access to advanced models and IP.
OpenAI insists these measures are part of its commitment to security and not a response to a specific breach.
Last month, OpenAI also landed a $200 million <a href="https://www.benzinga.com/markets/tech/25/06/45965573/openai-wins-200-million-us-defense-contract-for-ai-warfare-capabilities-as-the-company-looks-to-raise-40-billion">defense contract to build</a> artificial intelligence tools for national security purposes.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/07/46258669/tesla-made-2-76-billion-from-zev-credits-in-2024-in-us-but-trumps-tax-bill-just-killed-this-revenue-stream" target="_blank" rel="noreferrer noopener">Tesla Made $2.76 Billion From ZEV Credits In 2024 In US But Trump's Tax Bill Just Killed This Revenue Stream</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: Svet foto / Shutterstock.com

PLTR

After DeepSeek Scandal, OpenAI Locks Down Its Labs With Fingerprints, Firewalls, Ex-Palantir Security Chief: Report

The Donald Trump administration is moving to significantly reshape the Public Service Loan Forgiveness (PSLF) program, aiming to restrict student loan cancellation for employees of organizations deemed to be engaged in &#8220;illegal activities.&#8221;
What Happened: A draft proposal from the U.S. Education Department, set to take effect in July 2026, outlines new criteria that could impact a vast array of public and non-profit employers, sparking concerns among advocates.
The core of the proposed overhaul targets organizations involved in activities such as &#8220;aiding or abetting&#8221; federal immigration law violations, supporting foreign terrorist organizations, or violating the Civil Rights Act of 1964, particularly regarding diversity, equity, and inclusion (DEI) policies.
Most controversially, the draft includes &#8220;engaging in the chemical and surgical castration or mutilation of children,&#8221; defining this to include hormone therapy or puberty blockers for individuals under 19. This directly targets entities providing gender-affirming care to transgender youths.
Regarding these significant policy changes, the U.S. Department of Education did not respond to an email seeking commentary sent by Benzinga.
Critics, however, fear the changes grant the Education Secretary subjective authority, potentially allowing entire hospital systems, state governments, or universities to be deemed ineligible for political reasons.
Betsy Mayotte, president of the Institute of Student Loan Advisors, viewed the proposal as &#8220;politically motivated and perhaps will be used as a tool for political punishment,&#8221; as <a href="https://apnews.com/article/student-loan-forgiveness-public-service-trump-145f6a07a477e5c82f4374bc89e1eea7">reported</a> by the Associated Press. 
See Also: <a href="https://www.benzinga.com/markets/equities/25/07/46269226/stocks-just-hit-rare-golden-cross-for-1st-time-since-2023-heres-what-it-means-for-investors">Stocks Just Hit Rare Golden Cross For 1st Time Since 2023 — Here&#8217;s What It Means For Investors</a>
Why It Matters: The PSLF program currently allows government employees, teachers, firefighters, and many non-profit workers to have their federal student loans canceled after 10 years of payments.
President Trump, who ordered these changes in March, stated the program had &#8220;misdirected tax dollars into activist organizations.&#8221;
Beyond the specific definitions, the proposal also requires employers to certify that they do not engage in illegal activities, raising further concerns about administrative hurdles.
This move could block large numbers of borrowers from receiving forgiveness, effectively forcing them into new jobs or facing continued debt.
The formal proposal will undergo a public comment period before finalization, with its implementation expected in July 2026.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/forex/25/07/46272823/as-us-dollar-sinks-top-economist-warns-10-slide-could-spark-new-inflation-spike">As US Dollar Sinks, Top Economist Warns 10% Slide Could Spark New Inflation Spike</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: Joey Sussman / Shutterstock.com

Education

Student Loan Forgiveness Faces New Restrictions Under Trump's PSLF Overhaul: Report

China&#8217;s exports to the United States have plunged over 43% year-over-year in May, representing a $15 billion drop in trade value, yet at the same time, China&#8217;s total exports have increased 4.8%, according to official figures, despite the trade and tariff-related turbulence.
What Happened: On Monday, in a post on X, The Kobeissi Letter shared the latest trade data coming in official Chinese sources, hinting at the rerouting of goods to circumvent the current U.S. trade and tariff regime.
The post notes that exports to the Association of Southeast Asian Nations (ASEAN) rose 15% year-over-year during the month, while shipments to the European Union climbed 12%. Meanwhile, there was a 30% spike in Chinese exports routed through Vietnam, and a similar 25% increase via Indonesia. 
See Also: <a href="https://www.benzinga.com/markets/equities/25/07/46264889/india-hits-back-at-us-plans-retaliatory-tariffs-at-wto">India Hits Back At US, Plans Retaliatory Tariffs at WTO</a>
These figures have since fueled speculations that China is shifting its trade strategy, rerouting exports through regional partners to maintain global market access while reducing direct exposure to U.S. tariffs.
This comes amid growing efforts made by the U.S. Government to <a href="https://www.benzinga.com/news/politics/25/07/46241070/trumps-vietnam-trade-deal-with-40-tax-on-transshipments-may-result-in-chinese-backlash-say-economists-they-want-inflation">close potential backdoors</a> for Chinese goods. The recent trade deal with Vietnam, which involved a 40% tariff on rerouted goods, is largely aimed at the same, and is thus being seen as a &#8220;proxy trade war&#8221; with China.
<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">Is China dodging US tariffs? China&#39;s exports to the US fell -43% YoY in May, representing a $15 billion decline in trade value. However, the country's total exports jumped +4.8% during the same period, per official Chinese data. This comes as shipments to the Association of… <a href="https://t.co/qtWdnQAZNS">pic.twitter.com/qtWdnQAZNS</a>
&mdash; The Kobeissi Letter (@KobeissiLetter) <a href="https://twitter.com/KobeissiLetter/status/1942313242455429551?ref_src=twsrc%5Etfw">July 7, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Economists believe that President Donald Trump&#8217;s 40% <a href="https://www.benzinga.com/news/politics/25/07/46241070/trumps-vietnam-trade-deal-with-40-tax-on-transshipments-may-result-in-chinese-backlash-say-economists-they-want-inflation">tariff on rerouted goods</a> from Vietnam could warrant backlash from China, with economist&nbsp;Rana Sajedi saying that it might be seen as a direct challenge, leading to targeted trade measures. 
The U.S. has also been urging Vietnam to <a href="https://www.benzinga.com/markets/macro-economic-events/25/06/45949304/us-pressures-vietnam-to-cut-chinese-tech-dependency-amid-tariff-talks-report">reduce its reliance</a> on Chinese technologies that are used in the production of goods that are later exported. 
Experts have long viewed tariffs as an <a href="https://www.benzinga.com/general/travel/25/06/45869934/mpcc-co-ceo-on-container-feeder-market-trade-disruptions-and-growth-opportunities">opportunity for rerouting</a> and transshipment, rather than a threat. &#8220;During 2018-19 when similar tariffs were put into effect, cargo was rerouted through Southeast Asia, Mexico and Europe, and a similar pattern is emerging now,&#8221; says Moritz Fuhrmann, the Co-CEO of MPC Container Ships ASA (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MPZZF#OTC">MPZZF</a>).
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/economic-data/25/07/46288472/japans-prime-minister-criticizes-trumps-tariff-decision-shigeru-ishiba-calls-move-truly-regrettable">Japan&#8217;s Prime Minister Criticizes Trump&#8217;s Tariff Decision: Shigeru Ishiba Calls Move &#8216;Truly Regrettable&#8217;</a></li>
</ul>
Photo courtesy: miss.cabul / Shutterstock.com

MPZZF

Is China Dodging US Tariffs? Direct Exports To America Plunge 43% As Vietnam And Indonesia See Big Spurts: Report

<h3>Companies Reporting Before The Bell</h3>
<h3>Companies Reporting After The Bell</h3>
• Aehr Test System (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHR#NASDAQ">AEHR</a>) is expected to report quarterly loss at $0.01 per share on revenue of $14.82 million. 
• Kura Sushi USA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KRUS#NASDAQ">KRUS</a>) is expected to report quarterly loss at $0.01 per share on revenue of $72.04 million. 
• Saratoga Investment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAR#NYSE">SAR</a>) is projected to report quarterly earnings at $0.72 per share on revenue of $32.79 million. 
• Penguin Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENG#NASDAQ">PENG</a>) is projected to report quarterly earnings at $0.33 per share on revenue of $330.82 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

AEHR

KRUS

Penguin Solutions, Inc. - Ordinary Shares

Comments

Priority Tech Holdings

Notizie

Ultime notizie per Priority Tech Holdings (NASDAQ:PRTH) Azioni

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO