SpringWorks Therapeutics Azioni (NASDAQ: SWTX)

Ultime notizie per SpringWorks Therapeutics (NASDAQ:SWTX) Azioni

SPRINGWORKS THERAPEUTICS INC

SpringWorks Therapeutics

SpringWorks Therapeutics Inc is a clinical-stage biopharmaceutical company applying a precision medicine approach to acquiring, developing, and commercializing life-changing medicines for underserved patient populations suffering from devastating rare diseases and cancer. The company has a differentiated portfolio of small molecule targeted oncology product candidates and is advancing two potentially registrational clinical trials in rare tumor types, as well as several other programs addressing prevalent, genetically defined cancers. OGSIVEO, the first commercial product, is a novel, oral, selective gamma-secretase inhibitor. GOMEKLI, the second commercial product, is an oral, small molecule mitogen-activated protein kinase, or MEK, inhibitor.

News

Short Ideas

Markets

Trading Ideas

LUNG

SWTX

L&#39;analisi tecnica svela segnali d&#39;allarme: quali società del comparto salute mostrano indicatori di ipercomprato?

3 titoli saliti alle stelle che potrebbero essere a rischio nel breve termine

SpringWorks Therapeutics, Inc. - common stock

SpringWorks Therapeutics Inc

bp, together with its partners, has entered into a series of agreements that will build and expand on its major oil and gas interests in Azerbaijan, paving the way for growth and additional production while deepening its partnership with the country and state oil company, SOCAR.
 The agreements, signed during Baku Energy Week, include the final investment decisions for the next major phase of development of the giant Shah Deniz gas field – Shah Deniz Compression – as well as for two projects – for terminal electrification and solar power – that together are expected to enable operational emissions reduction. They also include agreements for bp to access to two new exploration and development licences and introduce a new partner to accelerate exploration on a third.
 &nbsp;

BP Deepens And Progresses In Azerbaijan With Go-ahead For New Major Project And Exploration Access

Ferguson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FERG#NYSE">FERG</a>) reported quarterly earnings of $2.50 per share which beat the analyst consensus estimate of $2.02 by 23.76 percent. This is a 7.76 percent increase over earnings of $2.32 per share from the same period last year. The company reported quarterly sales of $7.62 billion which beat the analyst consensus estimate of $7.42 billion by 2.69 percent. This is a 4.28 percent increase over sales of $7.31 billion the same period last year.

Earnings

Earnings Beats

FERG

Ferguson Q3 Adj. EPS $2.50 Beats $2.02 Estimate, Sales $7.62B Beat $7.42B Estimate

CTRN

Citi Trends Q1 Adj. EPS $0.17 Beats $(0.92) Estimate, Sales $201.73M Beat $183.62M Estimate

Needham analyst Quinn Bolton maintains Credo Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRDO#NASDAQ">CRDO</a>) with a Buy and raises the price target from $80 to $85.

Price Target

Analyst Ratings

CRDO

Needham Maintains Buy on Credo Technology Group, Raises Price Target to $85

<a href="https://www.cnbc.com/2025/06/03/meta-signs-nuclear-power-deal-with-constellation-energy-.html" title="https://www.cnbc.com/2025/06/03/meta-signs-nuclear-power-deal-with-constellation-energy-.html">https://www.cnbc.com/2025/06/03/meta-signs-nuclear-power-deal-with-constellation-energy-.html</a>

Contracts

Meta Signed 20-Year Nuclear Power Deal With Constellation Energy

The manufacturing sector in China has slipped into contraction in May, marking its&nbsp;lowest level since September 2022, as the impact of tariffs continues to weigh heavily on the industry despite a temporary&nbsp;trade truce with the U.S.
What Happened: Data released on Tuesday by&nbsp;Caixin Media Co.&nbsp;and&nbsp;S&amp;P Global&nbsp;revealed that the&nbsp;Caixin manufacturing purchasing managers index&nbsp;dropped to 48.3 in May from&nbsp;50.4 in April. For the first time in eight&nbsp;months, the index has dipped below 50, the threshold that distinguishes expansion from contraction, <a href="https://www.wsj.com/economy/chinas-manufacturing-activity-tumbles-into-contraction-as-orders-drop-cd120b36">reported</a> the Wall Street Journal.
The drop was primarily due to a significant decrease in new orders, which fell at the fastest rate in over two and a half years, as reported by&nbsp;Caixin.&nbsp;New export orders fell for the second month in a row, hitting their lowest level since July 2023.
Despite a temporary truce in the U.S.-China trade conflict in mid-May, the tariff fallout appears to have continued to impact China&#8217;s factory activity. Zichun Huang, an economist at Capital Economics, stated, &#8220;The PMIs suggest that last month's U.S.-China trade truce was not enough to prevent a broader loss of economic momentum in May.&#8221;
Employment in manufacturing shrank more quickly in May, reflecting hiring caution, but business optimism rose as companies anticipated improvements in external markets. 
<path fill-rule="evenodd" clip-rule="evenodd" d="M7 5C7 3.34315 8.34315 2 10 2H19C20.6569 2 22 3.34315 22 5V14C22 15.6569 20.6569 17 19 17H17V19C17 20.6569 15.6569 22 14 22H5C3.34315 22 2 20.6569 2 19V10C2 8.34315 3.34315 7 5 7H7V5ZM9 7H14C15.6569 7 17 8.34315 17 10V15H19C19.5523 15 20 14.5523 20 14V5C20 4.44772 19.5523 4 19 4H10C9.44772 4 9 4.44772 9 5V7ZM5 9C4.44772 9 4 9.44772 4 10V19C4 19.5523 4.44772 20 5 20H14C14.5523 20 15 19.5523 15 19V10C15 9.44772 14.5523 9 14 9H5Z" fill="currentColor"></path>
<path fill-rule="evenodd" clip-rule="evenodd" d="M12.1318 2.50389C12.3321 2.15338 12.7235 1.95768 13.124 2.00775L13.5778 2.06447C16.0449 2.37286 17.636 4.83353 16.9048 7.20993L16.354 8.99999H17.0722C19.7097 8.99999 21.6253 11.5079 20.9313 14.0525L19.5677 19.0525C19.0931 20.7927 17.5124 22 15.7086 22H6C4.34315 22 3 20.6568 3 19V12C3 10.3431 4.34315 8.99999 6 8.99999H8C8.25952 8.99999 8.49914 8.86094 8.6279 8.63561L12.1318 2.50389ZM10 20H15.7086C16.6105 20 17.4008 19.3964 17.6381 18.5262L19.0018 13.5262C19.3488 12.2539 18.391 11 17.0722 11H15C14.6827 11 14.3841 10.8494 14.1956 10.5941C14.0071 10.3388 13.9509 10.0092 14.0442 9.70591L14.9932 6.62175C15.3384 5.49984 14.6484 4.34036 13.5319 4.08468L10.3644 9.62789C10.0522 10.1742 9.56691 10.5859 9 10.8098V19C9 19.5523 9.44772 20 10 20ZM7 11V19C7 19.3506 7.06015 19.6872 7.17071 20H6C5.44772 20 5 19.5523 5 19V12C5 11.4477 5.44772 11 6 11H7Z" fill="currentColor"></path>
<path fill-rule="evenodd" clip-rule="evenodd" d="M11.8727 21.4961C11.6725 21.8466 11.2811 22.0423 10.8805 21.9922L10.4267 21.9355C7.95958 21.6271 6.36855 19.1665 7.09975 16.7901L7.65054 15H6.93226C4.29476 15 2.37923 12.4921 3.0732 9.94753L4.43684 4.94753C4.91145 3.20728 6.49209 2 8.29589 2H18.0045C19.6614 2 21.0045 3.34315 21.0045 5V12C21.0045 13.6569 19.6614 15 18.0045 15H16.0045C15.745 15 15.5054 15.1391 15.3766 15.3644L11.8727 21.4961ZM14.0045 4H8.29589C7.39399 4 6.60367 4.60364 6.36637 5.47376L5.00273 10.4738C4.65574 11.746 5.61351 13 6.93226 13H9.00451C9.32185 13 9.62036 13.1506 9.8089 13.4059C9.99743 13.6612 10.0536 13.9908 9.96028 14.2941L9.01131 17.3782C8.6661 18.5002 9.35608 19.6596 10.4726 19.9153L13.6401 14.3721C13.9523 13.8258 14.4376 13.4141 15.0045 13.1902V5C15.0045 4.44772 14.5568 4 14.0045 4ZM17.0045 13V5C17.0045 4.64937 16.9444 4.31278 16.8338 4H18.0045C18.5568 4 19.0045 4.44772 19.0045 5V12C19.0045 12.5523 18.5568 13 18.0045 13H17.0045Z" fill="currentColor"></path>
<path fill-rule="evenodd" clip-rule="evenodd" d="M11 4.9099C11 4.47485 10.4828 4.24734 10.1621 4.54132L6.67572 7.7372C6.49129 7.90626 6.25019 8.00005 6 8.00005H4C3.44772 8.00005 3 8.44776 3 9.00005V15C3 15.5523 3.44772 16 4 16H6C6.25019 16 6.49129 16.0938 6.67572 16.2629L10.1621 19.4588C10.4828 19.7527 11 19.5252 11 19.0902V4.9099ZM8.81069 3.06701C10.4142 1.59714 13 2.73463 13 4.9099V19.0902C13 21.2655 10.4142 22.403 8.81069 20.9331L5.61102 18H4C2.34315 18 1 16.6569 1 15V9.00005C1 7.34319 2.34315 6.00005 4 6.00005H5.61102L8.81069 3.06701ZM20.3166 6.35665C20.8019 6.09313 21.409 6.27296 21.6725 6.75833C22.5191 8.3176 22.9996 10.1042 22.9996 12.0001C22.9996 13.8507 22.5418 15.5974 21.7323 17.1302C21.4744 17.6185 20.8695 17.8054 20.3811 17.5475C19.8927 17.2896 19.7059 16.6846 19.9638 16.1962C20.6249 14.9444 20.9996 13.5175 20.9996 12.0001C20.9996 10.4458 20.6064 8.98627 19.9149 7.71262C19.6514 7.22726 19.8312 6.62017 20.3166 6.35665ZM15.7994 7.90049C16.241 7.5688 16.8679 7.65789 17.1995 8.09947C18.0156 9.18593 18.4996 10.5379 18.4996 12.0001C18.4996 13.3127 18.1094 14.5372 17.4385 15.5604C17.1357 16.0222 16.5158 16.1511 16.0539 15.8483C15.5921 15.5455 15.4632 14.9255 15.766 14.4637C16.2298 13.7564 16.4996 12.9113 16.4996 12.0001C16.4996 10.9859 16.1653 10.0526 15.6004 9.30063C15.2687 8.85905 15.3578 8.23218 15.7994 7.90049Z" fill="currentColor"></path>
<path d="M2.5 5.5C4.3 5.2 5.2 4 5.5 2.5C5.8 4 6.7 5.2 8.5 5.5C6.7 5.8 5.8 7 5.5 8.5C5.2 7 4.3 5.8 2.5 5.5Z" fill="currentColor" stroke="currentColor" stroke-linecap="round" stroke-linejoin="round"></path>
<path d="M5.66282 16.5231L5.18413 19.3952C5.12203 19.7678 5.09098 19.9541 5.14876 20.0888C5.19933 20.2067 5.29328 20.3007 5.41118 20.3512C5.54589 20.409 5.73218 20.378 6.10476 20.3159L8.97693 19.8372C9.72813 19.712 10.1037 19.6494 10.4542 19.521C10.7652 19.407 11.0608 19.2549 11.3343 19.068C11.6425 18.8575 11.9118 18.5882 12.4503 18.0497L20 10.5C21.3807 9.11929 21.3807 6.88071 20 5.5C18.6193 4.11929 16.3807 4.11929 15 5.5L7.45026 13.0497C6.91175 13.5882 6.6425 13.8575 6.43197 14.1657C6.24513 14.4392 6.09299 14.7348 5.97903 15.0458C5.85062 15.3963 5.78802 15.7719 5.66282 16.5231Z" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round"></path>
<path d="M14.5 7L18.5 11" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round"></path> 
<path d="M3.06957 10.8763C3.62331 6.43564 7.40967 3 12 3C14.2824 3 16.4028 3.85067 18.0118 5.25439V4C18.0118 3.44772 18.4595 3 19.0118 3C19.5641 3 20.0118 3.44772 20.0118 4V8C20.0118 8.55228 19.5641 9 19.0118 9H15C14.4477 9 14 8.55228 14 8C14 7.44772 14.4477 7 15 7H16.9571C15.6757 5.76379 13.9101 5 12 5C8.43108 5 5.48466 7.67174 5.0542 11.1237C4.98586 11.6718 4.48619 12.0607 3.93815 11.9923C3.39011 11.924 3.00123 11.4243 3.06957 10.8763ZM20.0618 12.0077C20.6099 12.076 20.9988 12.5757 20.9304 13.1237C20.3767 17.5644 16.5903 21 12 21C9.72322 21 7.60762 20.1535 5.99999 18.7559V20C5.99999 20.5523 5.55228 21 4.99999 21C4.44771 21 3.99999 20.5523 3.99999 20V16C3.99999 15.4477 4.44771 15 4.99999 15H8.99999C9.55228 15 9.99999 15.4477 9.99999 16C9.99999 16.5523 9.55228 17 8.99999 17H7.04285C8.32433 18.2362 10.0899 19 12 19C15.5689 19 18.5153 16.3283 18.9458 12.8763C19.0141 12.3282 19.5138 11.9393 20.0618 12.0077Z" fill="currentColor"></path>
<path fill-rule="evenodd" clip-rule="evenodd" d="M5.29289 9.29289C5.68342 8.90237 6.31658 8.90237 6.70711 9.29289L12 14.5858L17.2929 9.29289C17.6834 8.90237 18.3166 8.90237 18.7071 9.29289C19.0976 9.68342 19.0976 10.3166 18.7071 10.7071L12.7071 16.7071C12.5196 16.8946 12.2652 17 12 17C11.7348 17 11.4804 16.8946 11.2929 16.7071L5.29289 10.7071C4.90237 10.3166 4.90237 9.68342 5.29289 9.29289Z" fill="currentColor"></path>
SEE ALSO: <a href="https://benzinga.com/crypto/cryptocurrency/25/06/45738110/bitcoin-ethereum-dogecoin-rise-as-china-counters-trumps-trade-deal-breach-claim-analyst-says-btc-success-riding-on-health-of-us-economy" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum, Dogecoin Rise As China Counters Trump&#8217;s Trade Deal Breach Claim: Analyst Says BTC Success Riding On Health Of US Economy </a>
Why It Matters: The ongoing trade tensions between the U.S. and China, which escalated in April with the imposition of hefty tariffs, have continued to impact China&#8217;s factory activity. Although the two countries&nbsp;reached a temporary truce in&nbsp;May and agreed&nbsp;to suspend most of the&nbsp;additional tariffs, the effects of the tariffs persist.
Amid these challenges, Chinese manufacturers are also facing domestic economic pressures, with major macroeconomic indicators showing a significant&nbsp;weakening at the start of&nbsp;the second quarter. This has led to a cautious approach by manufacturers, with employment shrinking&nbsp;at a faster pace than&nbsp;in April.
These developments align with previous warnings from analysts at&nbsp;<a href="https://www.benzinga.com/25/04/45033064/16-million-chinese-jobs-under-threat-amid-escalating-us-china-trade-war-predicts-goldman-sachs">Goldman Sachs</a>, who cautioned that persistently high U.S.-China tariffs and a significant drop in Chinese exports could put up to 16 million jobs in China at risk, particularly in the manufacturing sector.
Meanwhile, in the U.S., the ISM Manufacturing PMI slipped to 48.5% in May from 48.7% in April, indicating the sharpest contraction since late 2024. One of the respondents stated, "&#8230;the impact of ever-changing trade policies of the current administration has wreaked havoc on suppliers&#8217; ability to react and remain profitable."
Xpeng Inc &#8211; ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) and BYD&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) fell 3.4% and 0.65%, each, over the past month. Meanwhile, Aluminum Corporation of China Limited (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ALMMF#OTC">ALMMF</a>) surged 7.41% during the same period. 
In Tuesday&#8217;s premarket session, PDD Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) and Alibaba Group Holding Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) traded higher, while JD.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) edged slightly lower, according to Benzinga Pro data.
<ul class="wp-block-list">
<li>READ MORE:&nbsp;<a href="https://benzinga.com/personal-finance/management/25/06/45739976/trump-administration-pauses-social-security-garnishments-over-defaulted-student-loans-department-will-begin-proactive-outreach-to-recipients" target="_blank" rel="noreferrer noopener">Trump Administration Pauses Social Security Garnishments Over Defaulted Student Loans: &#8216;Department Will Begin Proactive Outreach To Recipients&#8230;&#8217; &#8211; Benzinga</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.

ALMMF

BABA

BYDDF

Citigourp Global Markets 2% Protected Notes Linked To The Djia

XPEV

China's Manufacturing Activity Crashes To 2022 Lows In May Amid Trump Tariff Woes

Billionaire and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk thinks humanoid robots would require a lot of power to function as the EV giant further develops its Optimus line of humanoid robots.
What Happened: Replying to a post by Tesla influencer Sawyer Merritt, which outlined a note by Morgan Stanley analyst Adam Jones, Musk shared his thoughts on Tuesday.
The post shared a prediction by Jones that stated that the required amount of power for one billion humanoid robots to carry out physical tasks, not counting training, would be over 4,000 TWh, which was "roughly equal to 1 full US electric grid," the post said.
Musk then shared his thoughts on the prediction. "Way more," the billionaire said in the post.
<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">Way more
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1929619348702089302?ref_src=twsrc%5Etfw">June 2, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: The post comes in as Tesla is pushing further development of the Optimus humanoid robot, which Musk says <a href="https://www.benzinga.com/news/topics/25/05/45710538/elon-musk-says-humanoid-robots-will-start-impacting-countries-gdps-in-4-to-5-years-robot-cars-even-sooner-in-just-1-to-2-years">would impact countries' GDP</a> in 4 to 5 years. This comes in after the billionaire claimed that <a href="https://www.benzinga.com/markets/equities/25/05/45536080/elon-musk-says-teslas-optimus-can-learn-tasks-by-watching-youtube-videos-just-like-a-human">Optimus can learn tasks</a> by watching YouTube videos like a human being can.&nbsp;
Nvidia Corp. CEO Jensen Huang claimed that Tesla's Optimus could be the first humanoid robot that could achieve <a href="https://www.benzinga.com/news/25/05/45691451/teslas-optimus-may-be-the-first-humanoid-robot-to-achieve-high-volume-and-tech-scale-says-nvidia-ceo">the high volume and technology scale</a> needed for the sector. "I think this is likely to be the next multi-trillion-dollar industry,&#8221; he also said.
Price Action: TSLA gained more than 22% in the past month and is currently trading at $342.69 on the NASDAQ, according to<a href="https://pro.benzinga.com/dashboard"> Benzinga Pro data</a>.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="184" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03061530/TSLA-JUN-3-2025-1-2-1024x184.jpg" alt="" class="wp-image-936380" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03061530/TSLA-JUN-3-2025-1-2-1024x184.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03061530/TSLA-JUN-3-2025-1-2-300x54.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03061530/TSLA-JUN-3-2025-1-2-768x138.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03061530/TSLA-JUN-3-2025-1-2-1536x277.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03061530/TSLA-JUN-3-2025-1-2.jpg 1649w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
TSLA scores well on Momentum, Growth, and Quality metrics, but 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</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/25/06/45741036/tesla-needs-to-consider-a-more-conventional-looking-pickup-truck-says-gary-black-amid-cybertruck-sales-slump">Tesla Needs To Consider A &#8216;More Conventional-Looking&#8217; Pickup Truck Says Gary Black Amid Cybertruck Sales Slump</a></li>
</ul>
Photo courtesy: Shutterstock

Tech

TSLA

Elon Musk Weighs In On How Much Power Humanoid Robots Would Require Amid Tesla's Optimus Push

Algonquin Power &amp; Utilities Corp. ("AQN", "Algonquin" or the "Company") (TSX:<a class="ticker" href="https://www.benzinga.com/stock/AQN#TSX">AQN</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AQN#NYSE">AQN</a>) today announced its "Back to Basics" utility customer-centric capital plan focused on improving customer experience, driving operational efficiencies, and achieving constructive regulatory outcomes. As part of that plan, the Company released its financial outlook for 2025 through 2027.
Algonquin will evaluate key decisions in the context of its commitments to its four key stakeholders:
<ul>
<li>First and foremost, delivering outcomes and experiences to customers in the moments that matter to them;</li>
<li>Investing in the communities we serve to foster economic growth. We do well when our communities do well;</li>
<li>Becoming an employer of choice to sustain a motivated workforce; and</li>
<li>Delivering steady predictable returns for investors through focused utility execution and capital discipline.</li>
</ul>
"Algonquin possesses the foundational elements of a premier pure-play utility, and the opportunity to create meaningful value is what drew me to the Company," said Rod West, Chief Executive Officer of AQN. "While I am pleased with the progress underway, I am resolute in sharpening the Company's ability to excel at the basics. The plan for the future is shaped around intertwining operational excellence and stakeholder engagement in the DNA of the Company to achieve better outcomes for all stakeholders. With a renewed stakeholder-centric focus we have a promising path forward, and I am confident in our ability to provide superior service for all customers, achieve constructive regulatory outcomes and deliver attractive financial results for our shareholders."
Highlights from the Company's forward-looking outlook include:1
<ul>
<li>Earned return on equity ("Earned ROE") (see "Other" below) expected to improve by approximately 300bps2 to approximately 8.5% by 2027;</li>
<li>Operating expenses as a percent of revenue expected to improve by 5-7% by the end of 2027;</li>
<li>Estimated Adjusted Net Earnings per share (see "Non-GAAP Measures" below) within a range of $0.30 - $0.32 for 2025,$0.35 - $0.37 for 2026, and$0.42 - $0.46 for 2027;</li>
<li>Focused on organic capital investment, utility capital expenditures of approximately $2.5 billion expected for 2025 - 2027;</li>
<li>No need for equity issuance expected through 2027; and</li>
<li>Expected to maintain BBB investment grade ratings.</li>
</ul>

Guidance

TSX:AQN

Algonquin Power Forecasts Adjusted EPS of $0.30-$0.32 For 2025, $0.35-$0.37 For 2026, $0.42–$0.46 For 2027

Dividends

VNOM

Viper Energy Announces 10% Dividend Increase To $1.32 Per Share ($0.33 Quarterly) After Strategic Expansion With Sitio Royalties

"The combination of Viper and Sitio signifies an important moment for mineral and royalty interests," stated Kaes Van't Hof, Chief Executive Officer of Viper. "This combination creates a leader in size, scale, float, liquidity and access to investment grade capital in the highly fragmented minerals industry. Pro forma Viper is now clearly a must-own public mineral and royalty company in North America, with attractive size and scale in the Permian Basin. This transaction positions Viper to compete for capital with mid and large cap North American E&amp;Ps; except with higher margins, minimal operating costs, and the lowest dividend breakeven in the space."

FANG

Viper Energy To Acquire Sitio Royalties In $4.1B All-Equity Deal, Expanding Permian Basin Presence

Vera Therapeutics, Inc. ("Vera"), a late clinical-stage biotechnology company focused on developing and commercializing transformative treatments for patients with serious immunological diseases, today announced that it has entered into a new credit facility providing for up to $500 million of term loans with its current partner Oxford Finance LLC ("Oxford"). The new credit facility will replace Vera's existing $50 million credit facility. The initial funding of the new credit facility will be in a principal amount of $75 million and is expected to occur on June 4, 2025.
Highlights of the new credit facility include:
<ul>
<li>Lowered Interest Rate:&nbsp;Reduced borrowing cost by 320 basis points based on current interest rates. The facility will mature five years from the closing date. Interest will be paid monthly at a rate per annum equal to 1-month SOFR plus 4.95%, subject to a SOFR floor of 3.75%.</li>
<li>Increased Capital Availability:&nbsp;Added $450 million of discretionary incremental capacity available in five tranches. At its discretion, Vera may draw up to $50 million from January 1, 2026 through December 31, 2026, not subject&nbsp;to&nbsp;additional performance milestones. Vera has the option to draw $75 million upon accelerated approval of atacicept in immunoglobulin A nephropathy (IgAN), two $50 million tranches post accelerated approval and subject to commercial milestones, and up to $200 million at the mutual discretion of Vera and Oxford.</li>
<li>Improved Structure &amp; Financial Flexibility:&nbsp;Extended the interest only period by up to 42 months and maturity by up to 41 months.&nbsp;As a result of this refinancing, Vera will no longer be required to make principal payments in 2026. The new facility also reduced prepayment and final-payment fees and, combined with the reduced interest rate, results in a cost-effective refinancing that significantly lowers Vera's cost of capital. &nbsp;</li>
</ul>

VERA

Vera Therapeutics Secures $500M Credit Facility with Lower Rates, Boosting Financial Flexibility

GPUS

Hyperscale Data's Sentinum Receives About 17.4 Bitcoin In May 2025 And About 90 Bitcoin Year To Date From Mining Pool To Which Sentinum Provides Hash Calculation Services

WeRide Partners With Renault Group To Provide Level-4 Autonomous Minibus Shuttle Service During 2025 Grand Slam Tournament On Iconic Clay Courts

Shares of Credo Technology Group Holding Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRDO#NASDAQ">CRDO</a>) rose sharply in today's pre-market trading following upbeat <a href="https://www.benzinga.com/quote/CRDO/news">quarterly results</a>.
The company reported fourth-quarter revenue of $170.03 million, beating analyst estimates of $162.96 million. The connectivity solutions company reported fourth-quarter adjusted earnings of 35 cents per share, beating analyst estimates of 28 cents per share, according to Benzinga Pro.
Credo Technology Group shares jumped 14.3% to $71.60 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul class="wp-block-list">
<li>NewGenIvf Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NIVF#NASDAQ">NIVF</a>) shares jumped 192.4% to $5.03 in pre-market trading. NewGenIvf Group recently announced a $30 million investment in Solana Digital Asset staking.</li>
<li>Shineco, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SISI#NASDAQ">SISI</a>) surged 36.4% to $0.5878 in pre-market trading after the company announced that it will raised $13.5 million through the sale of 18 million common shares at $0.75 each to non-US investors.</li>
<li>Revelation Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REVB#NASDAQ">REVB</a>) rose 36.2% to $1.12 in pre-market trading. Revelation Biosciences recently announced a $4 million public offering.</li>
<li>Eyenovia, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EYEN#NASDAQ">EYEN</a>) jumped 31.4% to $2.19 in pre-market trading. Eyenovia recently provided an update on its merger with Betaliq and reported better-than-expected first-quarter EPS results.</li>
<li>Northern Dynasty Minerals Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NAK#NYSE">NAK</a>) surged 25.2% to $1.44 in pre-market trading. Northern Dynasty Minerals received payment of $12 million representing the third tranche investment under the company's royalty agreement dated July 26, 2022.</li>
<li>Basel Medical Group Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMGL#NASDAQ">BMGL</a>) gained 24% to $4.86 in pre-market trading after falling 35% on Monday.</li>
<li>MoonLake Immunotherapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLTX#NASDAQ">MLTX</a>) climbed 21.1% to $49.84 in pre-market trading following reports that Merck held talks to acquire the Swiss biotech company for over $3 billion.</li>
<li>Agenus Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGEN#NASDAQ">AGEN</a>) rose 18.4% to $4.89 in pre-market trading after jumping 20% on Monday.</li>
<li>BioNTech SE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNTX#NASDAQ">BNTX</a>) gained 8.4% to $122.62 in pre-market trading. BioNTech shares jumped 18% on Monday after the company entered into an agreement with Bristol Myers Squibb to advance bispecific antibody BNT327 for solid tumors.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul class="wp-block-list">
<li>Brand Engagement Network, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNAI#NASDAQ">BNAI</a>) shares dipped 16% to $0.4119 in pre-market trading after jumping over 75% on Monday.</li>
<li>CleanCore Solutions, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZONE#NYSE">ZONE</a>) shares fell 17.6% to $2.39 in pre-market trading after gaining around 32% on Monday.</li>
<li>PS International Group Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSIG#NASDAQ">PSIG</a>) fell 16.7% to $0.30 in pre-market trading.</li>
<li>ModivCare Inc.  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MODV#NASDAQ">MODV</a>) fell 15% to $1.87 in pre-market trading after jumping 96% on Monday.</li>
<li>AgEagle Aerial Systems, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAVS#NYSE">UAVS</a>) shares tumbled 14.3% to $1.08 in pre-market trading after jumping 63% on Monday.</li>
<li>Volato Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOAR#NYSE">SOAR</a>) declined 14.2% to $2.25 in pre-market trading after gaining 27% on Monday.</li>
<li>Mereo BioPharma Group plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MREO#NASDAQ">MREO</a>) fell 5.9% to $2.40 in pre-market trading after jumping over 18% on Monday.</li>
<li>Bumble Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMBL#NYSE">BMBL</a>) fell 5.8% to $5.41 in today's pre-market trading.</li>
<li>Pearson plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSO#NYSE">PSO</a>) dipped 5% to $15.24 in pre-market trading.</li>
<li>GCL Global Holdings Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GCL#NASDAQ">GCL</a>) shares fell 4.8% to $2.40 in pre-market trading.</li>
</ul>
Now Read This: 
<ul class="wp-block-list">
<li>W<a href="https://www.benzinga.com/cannabis/25/06/45719976/wall-streets-most-accurate-analysts-give-their-take-on-3-tech-and-telecom-stocks-delivering-high-dividend-yields-4">all Street&#8217;s Most Accurate Analysts Give Their Take On 3 Tech And Telecom Stocks Delivering High-Dividend Yields</a> </li>
</ul>
Photo via Shutterstock

Pre-Market Outlook

Movers

AGEN

BMBL

BMGL

BNAI

BNTX

EYEN

MLTX

MODV

MREO

NIVF

PSIG

REVB

SISI

SOAR

UAVS

ZONE

Why Credo Technology Group Shares Are Trading Higher By Over 14%; Here Are 20 Stocks Moving Premarket

On Monday, June 2, U.S. markets closed higher as optimism over trade talks persisted despite Trump&#8217;s plan to double steel and aluminum tariffs. China called his accusations &#8220;groundless.&#8221; Steel stocks surged while automakers fell. Nvidia and Meta gained; Tesla slipped. Manufacturing contracted for a third month. Traders anticipate Fed rate cuts, with key jobs data due Friday.
According to economic data, U.S. manufacturing activity slipped in May, with ISM PMI falling to 48.5, which is below forecasts. Construction spending also dropped 0.4% in April after a 0.8% decline in March.
Most S&amp;P 500 sectors rose Monday, led by energy, communication services, and tech. Industrials, however, ended the day in the red.
The Dow closed higher by 0.08% at 42,305.48, the S&amp;P 500 gained 0.41% to 5,935.94, and the Nasdaq rose 0.67% to 19,242.61.
<h2 class="wp-block-heading">Asia Markets Today</h2>
On Tuesday, Japan&#8217;s Nikkei 225 closed 0.05% lower at 37,453.50, led by losses in the Paper &amp; Pulp, Transport, and Communication sectors.
Australia&#8217;s S&amp;P/ASX 200 rose 0.63%, ending the session at 8,466.70, led by gains in the Gold, Financials, and Consumer Staples sectors.
India&#8217;s Nifty 50 was down 0.67% at 24,549.45, and the Nifty 500 slid 0.52% to 22,713.90.
China&#8217;s Shanghai Composite was up 0.43% at 3,361.98, and Shanghai Shenzhen CSI 300 gained 0.31% to 3,852.01.
Hong Kong&#8217;s Hang Seng closed the session 1.53% higher at 23,512.49.
<h2 class="wp-block-heading">Eurozone at 05:45 AM ET</h2>
The European STOXX 50 index was down 0.19%.
Germany&#8217;s DAX index gained 0.13%.
France&#8217;s CAC 40 fell 0.27%.
U.K.&#8217;s FTSE 100 index traded lower by 0.13%.
<h2 class="wp-block-heading">Commodities at 05:45 AM ET</h2>
Crude Oil WTI was trading higher by 0.24% at $62.68/bbl, and Brent was up 0.20% at $64.75/bbl.
Natural gas rose 0.08% to $3.697.
Gold traded lower by 0.41% to $3,383.00, Silver fell 0.75% to $34.432, and Copper was down 1.87% to $4.7677.
<h2 class="wp-block-heading">U.S. Futures at 05:45 AM ET</h2>
Dow Jones futures slid 0.38%, the S&amp;P 500 declined 0.39%, and the Nasdaq 100 was down 0.33%.
U.S. futures slipped Tuesday as investors weighed Trump&#8217;s tariff threats, trade uncertainty with China, economic data, and inflation risks
<h2 class="wp-block-heading">Forex at 05:45 AM ET</h2>
The U.S. dollar index gained 0.22% to 98.90, the USD/JPY rose 0.10% to 142.86, and the USD/AUD rose 0.61% to 1.5485.
The U.S. dollar edged up Tuesday but stayed near six-week lows as trade policy uncertainty and weak manufacturing data pressured the outlook.
Photo via Shutterstock

Asia

Emerging Markets

Eurozone

Futures

Commodities

Forex

ADIV

AGOV

ASHR

BBEU

BOIL

CQQQ

PowerShares DBmmodity Index Optimum Yield Diversified Fund

EEMA

FLAX

CurrencyShares British Pound Sterling Trust

IEMG

IEUR

KraneShares Trust KraneShares S&P Pan Asia Dividend Aristocrats Index ETF

KDIV

SPEM

USDU

PowerShares DB US Dollar Index Bullish Fund

Asia And Europe Markets Mixed Slip, Dollar Index Ticks Higher - Global Markets Today While US Slept

PDD Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) faces mounting challenges as its Temu platform struggles with significant user losses following major U.S. trade policy shifts that eliminated key cost advantages for Chinese e-commerce platforms.
What Happened: Daily U.S. users of Temu fell 58% in May, according to market intelligence firm Sensor Tower, reported Reuters. The decline followed the White House&#8217;s May 2 decision to end the &#8220;de minimis&#8221; provision, which previously allowed Chinese companies to ship packages valued under $800 to the U.S. tariff-free.
Temu responded by slashing U.S. advertising spending and shifting its fulfillment strategy. The platform now displays only products shipped from U.S.-based warehouses, with China-shipped items labeled &#8220;out of stock.&#8221; 
Previously, Temu operated by giving merchants responsibility for ordering and supplying products while managing logistics, pricing and marketing from China.
PDD&#8217;s <a href="https://www.benzinga.com/news/earnings/25/05/45616623/temu-parent-pdd-does-not-mention-tariffs-impact-blames-external-environment-and-ecosystem-investments-for-profit-plunge">first-quarter earnings reflected</a> these pressures. Revenue grew just 10% year-over-year to $13.18 billion, missing analyst estimates of $14.17 billion. Adjusted operating profit declined 36% to $2.52 billion, with margins falling from 32.9% to 19.1%.
See Also: <a href="https://www.benzinga.com/markets/economic-data/25/06/45740592/trump-sets-july-8-deadline-for-trade-deals-demands-best-offers-from-global-partners-by-wednesday-report">Trump Sets July 8 Deadline For Trade Deals, Demands Best Offers From Global Partners By Wednesday: Report</a>
Why It Matters: The tariff changes fundamentally disrupted Temu&#8217;s business model, which relied on direct shipments from Chinese suppliers to maintain ultra-low prices. 
The new regime imposes <a href="https://www.benzinga.com/government/regulations/25/05/45189952/amazon-rival-pdd-holdings-temu-halts-china-to-us-shipments-amid-trumps-145-tariffs-actively-recruiting-us-sellers">90% duties or $75 per item on Chinese imports</a>, scheduled to increase to $150 per item by June. While competitor Shein has managed to increase per-customer spending despite similar challenges, Temu has struggled to adapt.
Price Action: PDD stock closed at $96.44 on Monday, down 0.07%. In pre-market trading on Tuesday, the stock rose 0.62% to $97.04. Year to date, PDD shares are down 0.46%.
PDD's Temu platform competes with Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>). According to Benzinga Edge Stock Rankings, PDD has a stronger valuation than Amazon but lacks momentum. The stock also shows a negative price trend across short to long term. Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here to see the full stock breakdown</a>.
<figure class="wp-block-image aligncenter size-full 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="878" height="632" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03060017/image-20.png" alt="" class="wp-image-936355" style="width:536px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03060017/image-20.png 878w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03060017/image-20-300x216.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03060017/image-20-768x553.png 768w" sizes="(max-width: 878px) 100vw, 878px" /></a></figure>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45740537/forget-dollars-willy-woo-says-bitcoin-will-be-priced-against-global-gdp-gold-used-to-be-that-money-btc-is-the-challenger">Forget Dollars: Willy Woo Says Bitcoin Will Be Priced Against Global GDP — &#8216;Gold Used To Be That Money, BTC Is The Challenger&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image Via Shutterstock

Equities

AMZN

Amazon's Chinese Rival Temu Loses 58% Of US Users As End Of Tariff Loophole Hits Business Model

Rocket Lab Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) announced on Monday that the company successfully launched <a target="_blank" href="https://www.benzinga.com/pressreleases/25/06/b45738007/rocket-lab-successfully-launches-10th-electron-mission-for-multi-launch-customer-blacksky" rel="noreferrer noopener">its 65th Electron rocket</a> to deploy Earth-imaging satellites for BlackSky Technology Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKSY#NYSE">BKSY</a>).
This mission for BlackSky marks the tenth launch the company has conducted for them since 2019.
The &#8216;Full Stream Ahead&#8217; mission successfully launched from Rocket Lab Launch Complex 1 in Mahia, New Zealand, at 11:57 AM NZST (23:57 UTC on June 2nd).
Also Read: <a target="_blank" href="https://www.benzinga.com/general/space/25/05/45633311/rocket-lab-stock-surges-on-geost-acquisition-strengthening-companys-positioning-for-golden-dome" rel="noreferrer noopener">Rocket Lab Stock Surges On Geost Acquisition, Strengthening Company&#8217;s Positioning For Golden Dome</a>
This flight successfully deployed a Gen-3 satellite for BlackSky into a 470 km circular Earth orbit, further expanding the company&#8217;s low Earth orbit constellation.
Notably, the Gen-3 satellite was deployed using a Rocket Lab Motorized Lightband, a separation system consistently provided by Rocket Lab for all of BlackSky&#8217;s Electron launches so far.
This mission marks the second in a series of four Electron launches that BlackSky has booked for 2025 to deploy its Gen-3 satellites.
Rocket Lab previously deployed the first of BlackSky&#8217;s new missions, &#8216;Fasten Your Seatbelts,&#8217; <a target="_blank" href="https://www.benzinga.com/25/02/43807615/fasten-your-space-belts-rocket-lab-expands-blacksky-partnership-with-60th-electron-mission-launch" rel="noreferrer noopener">earlier in February 2025</a>.
This BlackSky mission is Electron&#8217;s seventh successful launch in 2025 and Rocket Lab&#8217;s 65th overall, bringing the total number of satellites deployed by Electron to 226.
Both Rocket Lab CEO Sir Peter Beck and BlackSky CEO Brian O&#8217;Toole commented positively, emphasizing the reliability, increasing cadence, and agile deployment of BlackSky&#8217;s constellation to meet customer demands.
Investors can gain exposure to the stock via&nbsp;ARK Space Exploration &amp; Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKX#BATS">ARKX</a>) and Procure Space ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UFO#NASDAQ">UFO</a>).
Price Action: RKLB shares are up 0.79% at $26.81 premarket at the last check on Tuesday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/space/25/06/45724938/space-stocks-weekly-countdown-rocketlab-gets-analyst-love-while-virgin-galactic-slides-into-june" target="_blank" rel="noreferrer noopener">Space Stocks Weekly Countdown: RocketLab Gets Analyst Love While Virgin Galactic Slides Into June</a></li>
</ul>
Photo by Emagnetic via Shutterstock

ARKX

BlackSky Technology Inc. Class A Common Stock

BKSY

RKLB

Rocket Lab Launches 10th Mission for BlackSky

HC Wainwright &amp; Co. analyst Kevin Dede maintains Applied Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) with a Buy and raises the price target from $7 to $12.

APLD

HC Wainwright & Co. Maintains Buy on Applied Digital, Raises Price Target to $12

Dog-themed cryptocurrency Dogwifhat (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">WIF</a>) was trading higher early Tuesday morning, outgaining cryptocurrency heavyweights.
What happened: The Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)-based meme coin rallied over 15% to become the second-biggest cryptocurrency gainer in the last 24 hours. The trading volume popped 76% to $438 million, suggesting high liquidity and trader interest.
WIF outgained blue-chip meme coins such as Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) and Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>), which grew 2.37% and 3.58%, respectively, in the last 24 hours.
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/25/05/45556899/from-amazon-to-warren-buffetts-berkshire-hathawaybitcoin-is-now-bigger-than-these-wall-street-titans">From Warren Buffett&#8217;s Berkshire Hathaway To Jeff Bezos&#8217; Amazon — Bitcoin Is Now Outshining These Wall Street Titans</a>
The rally got the derivatives traders excited as well, as WIF's Open Interest soared 17% in the last 24 hours to $352.92 million, <a href="https://www.coinglass.com/BitcoinOpenInterest">according </a>to Coinglass.
Over 65% of top trader accounts on Binance were long on WIF, suggesting expectations of further upside.
Furthermore, the Bull Bear Power indicator, which measures the strength of buyers and sellers, flashed a "Buy" signal for WIF, <a href="https://in.tradingview.com/symbols/WIFUSD/technicals/">according </a>to TradingView. On the other hand, the Moving Average Convergence Divergence, which compares two exponential moving averages of price, painted a bearish outlook with a "Sell" signal.
Dogwifhat, a meme coin inspired by Dogecoin, depicts a Shiba Inu dog wearing a pink knitted hat. Launched in the fall of 2023, the feline coin exploded to a peak of $4.85 within the next four months, but has since retraced sharply. 
Price Action:&nbsp; At the time of writing, WIF was exchanging hands at $0.9830, up 15.96% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.&nbsp;Year-to-date, it has jumped over 76% in value
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45611404/anthony-scaramucci-remains-firm-on-bitcoin-as-the-best-investment-idea-even-as-the-largest-crypto-hovers-around-109000">Anthony Scaramucci Remains Firm On Bitcoin As The Best Investment Idea Even As The Largest Crypto Hovers Around $109,000</a></li>
</ul>
Image Via Shutterstock

$DOGE

$SHIB

$SOL

$WIF

Dogwifhat Is Outperforming Dogecoin, Shiba Inu Tuesday Morning: What's Going On?

Former President Barack Obama has opposed Republican efforts to scale back major provisions of the Affordable Care Act (ACA) in a recent social media post, urging voters to call their Senators to voice their resistance. &nbsp;
What Happened: In a post on X, Obama wrote, "Here's something everybody should be paying attention to: Congressional Republicans are trying to weaken the Affordable Care Act and put millions of people at risk of losing their health care.
Call your Senators and tell them we can&#8217;t let that happen." He also attached a Washington Post article explaining how President Donald Trump's "big, beautiful bill" is making way for reduced health insurance coverage for millions in the United States.
<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">Here&#39;s something everybody should be paying attention to: Congressional Republicans are trying to weaken the Affordable Care Act and put millions of people at risk of losing their health care. Call your Senators and tell them we can&#39;t let that happen. <a href="https://t.co/jTKreuCNWZ">https://t.co/jTKreuCNWZ</a>
&mdash; Barack Obama (@BarackObama) <a href="https://twitter.com/BarackObama/status/1929583840630075458?ref_src=twsrc%5Etfw">June 2, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/news/politics/25/06/45740331/trumps-man-to-man-diplomacy-wont-work-with-xi-jinping-warns-former-white-house-chief-of-staff-as-tariff-deadlock-continues">Trump&#8217;s &#8216;Man-To-Man&#8217; Diplomacy Won&#8217;t Work With Xi Jinping, Warns Former White House Chief Of Staff As Tariff Deadlock Continues</a>
Why It Matters: The GOP Bill, which <a href="https://www.benzinga.com/25/05/45558613/house-advances-trumps-sweeping-one-big-beautiful-bill-after-key-medicaid-tax-and-border-security-changes">made its way through Congress</a> and is now being debated in the Senate, aims to <a href="https://www.benzinga.com/general/health-care/25/05/45344596/house-republicans-push-880-billion-medicaid-cuts-to-renew-trump-tax-breaks-democrat-warns-millions-will-lose-their-health-care">reduce federal health spending</a> by introducing changes to Medicaid and ACA insurance marketplaces.
These revisions could reduce enrolment in public health programs by more than 10 million people over the next decade. The changes wouldn't dismantle the ACA outright but would restrict eligibility, impose more frequent verification checks, shorten enrolment windows, and delay regulatory updates intended to simplify access.
The plan would also add work requirements for certain Medicaid enrolees and limit state mechanisms that increase federal matching funds. "It is very much like a backdoor repeal and replace," said Matt Salo, former executive director of the National Association of Medicaid Directors. The Congressional Budget Office projects that 7.6 million fewer people would be on Medicaid and 3.1 million fewer on ACA plans if the legislation is enacted.
Meanwhile, Office of Management and Budget Director&nbsp;Russell Vought&nbsp;<a href="https://www.benzinga.com/news/politics/25/06/45717492/medicaid-cut-concerns-are-totally-ridiculous-says-trumps-budget-chief-russell-vought-quips-i-love-e" target="_blank" rel="noreferrer noopener">dismissed fears about Medicaid cuts</a>&nbsp;as &#8220;ridiculous,&#8221; and Speaker&nbsp;Mike Johnson&nbsp;(R-La.) argued that those who lose Medicaid&nbsp;<a href="https://benzinga.com/node/45716936" target="_blank" rel="noreferrer noopener">will do so by personal choice</a>.
Dr.&nbsp;Mehmet Oz, leading the Centers for Medicare and Medicaid Services (CMS), said the proposed eligibility requirements are not about withdrawing care but about making sure the <a href="https://www.benzinga.com/news/health-care/25/06/45719002/im-trying-to-save-medicaid-says-trump-appointed-cms-chief-dr-oz-as-cbo-estimates-7-6-million-could-lose-coverage-under-gops-big-beautiful-bill/">program survives long-term</a>.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/politics/25/06/45718265/medicaid-cuts-backlash-grows-as-sen-joni-ernst-tells-voters-well-we-all-are-going-to-die-mocks-critics-from-a-cemetery">Medicaid Cuts Backlash Grows As Sen. Joni Ernst Tells Voters &#8216;Well, We All Are Going To Die,&#8217; Mocks Critics From A Cemetery</a></li>
</ul>
Photo courtesy: Gregory Reed / Shutterstock.com

Health Care

Politics

General

Barack Obama Accuses Republicans Of 'Trying To Weaken' Obamacare, Urges Voters To Call Their Senators As 'Millions Of People' Risk Losing Healthcare

Press Releases

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SWTX, RDUS, ALBT, BRDG on Behalf of Shareholders

Legal

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates OPTN, COEP, SWTX, CKPT on Behalf of Shareholders

SPRINGWORKS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of SpringWorks Therapeutics, Inc. - SWTX

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates RGLS, KRON, SWTX on Behalf of Shareholders

Penny Stocks

Small Cap

STOCKHOLDER ALERT: The M&A Class Action Firm Continues Its Investigation Into The Merger - PRA, KRON, AXL, SWTX

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AXL, KRON, PRA, SWTX on Behalf of Shareholders

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SWTX, NVEE, CHTR, INZY on Behalf of Shareholders

SpringWorks Therapeutics Receives Positive CHMP Opinion for Mirdametinib for the Treatment of Adult and Pediatric Patients with NF1-PN

$HAREHOLDER NOTICE: The M&A Class Action Firm Continues To Investigate The Merger - PRA, AXL, SWTX and VIGL

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates PRA, AXL, SWTX, VIGL on Behalf of Shareholders

Comments

SpringWorks Therapeutics

Notizie

Ultime notizie per SpringWorks Therapeutics (NASDAQ:SWTX) Azioni

Le persone guardano anche

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO