Protara Therapeutics Azioni (NASDAQ: TARA)

Ultime notizie per Protara Therapeutics (NASDAQ:TARA) Azioni

Protara Therapeutics

Protara Therapeutics Inc is committed to identifying and advancing transformative therapies for people with cancer and rare diseases. The company discovers, develops and delivers breakthrough therapies to people who have limited treatment options. Its portfolio includes its program, TARA-002, being developed for the treatment of lymphatic malformations, and intravenous (IV) choline chloride, a phospholipid substrate replacement therapy for the treatment of intestinal failure associated liver disease (IFALD).

Protara Therapeutics, Inc. - Common Stock

Protara Therapeutics Inc

Taraxa

Tarachi Gold Corp

TARANIS RESOURCES INC ORD by Taranis Resources Inc.

Taranis Resources Inc

Macroeconomic expert Nouriel Roubini, commonly referred to as &#8220;Dr. Doom,&#8221; has pushed back against President Donald Trump&#8217;s verbal jabs at Fed Chair Jerome Powell, and his escalating attacks on the Federal Reserve&#8217;s autonomy, amid demands for a preemptive rate cut.
What Happened: On Tuesday, Roubini&#8217;s post on X criticized Trump&#8217;s taunts and insults aimed at the Federal Reserve Chair, calling it a &#8220;clumsy blame game,&#8221; which he believes is the only &#8220;semi-rational explanation&#8221; for the president&#8217;s recent behavior.
<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">Powell cannot change monetary policy on his own even if he wanted to: a majority of the FOMC gotta vote for it and the FOMC will not cut rates as inflation will start going higher as tariffs kick in. Even if Trump were to fire Powell he would not be able bend the FOMC . Trump is… <a href="https://t.co/B30NvKW6U3">pic.twitter.com/B30NvKW6U3</a>
&mdash; Nouriel Roubini (@Nouriel) <a href="https://twitter.com/Nouriel/status/1914382167204917735?ref_src=twsrc%5Etfw">April 21, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Roubini believes that Trump is now setting the stage to blame Powell and the Federal Reserve for the coming slowdown in growth and recession, resulting from his administration&#8217;s tariffs.
See More: <a href="https://www.benzinga.com/25/04/44941025/tesla-optimus-robot-hit-by-chinas-rare-earth-magnet-crackdown-elon-musk-says-thousands-may-be-ready-by-year-end-but-no-guarantees-when-you-have-a-complex-manufactured-product">Tesla Optimus Robot Hit By China&#8217;s Rare Earths Crackdown — Elon Musk Says Thousands May Be Ready By Year-End, But No Guarantees</a>
He said that Powell alone cannot cut interest rates, since it has to be voted on by a majority of the Federal Open Market Committee (FOMC). The FOMC is not going to cut interest rates, he says, because inflation will begin rising again once the tariffs start to kick in.
Roubini added that Trump is "shooting himself in the foot" by floating the idea of firing Powell, noting that the <a href="https://benzinga.com/government/regulations/25/04/44904179/wall-street-sinks-dollar-slides-as-trump-ramps-up-fed-attacks-whats-driving-markets-monday">markets slid in response</a>, with bond yields and credit spreads surging and the dollar continuing to weaken, a move he described as "a repeated own goal."
&#8220;If [the] Fed were to blink and cut short policy rates, the bond yields would go much higher, and equities lower as [the] Fed would be behind the curve in anchoring inflation expectations at a time of inflationary tariffs,&#8221; Roubini says, adding that Powell is, in effect, helping Trump by &#8220;not blinking.&#8221;
Even if Trump were to fire Powell, likely after winning a Supreme Court battle that rules in his favor, Roubini believes that this would be a &#8220;pyrrhic victory,&#8221; as it would lead to &#8220;de-anchoring of inflation expectations,&#8221; which means that the market&#8217;s inflation expectations will start to drift, ultimately leading to higher bond yields.
Why It Matters: Trump has <a href="https://www.benzinga.com/25/04/44940900/us-futures-dollar-jump-amid-trumps-latest-comments-on-fed-nikkei-rebounds-to-three-week-high">since walked back</a> on his comments regarding firing Powell, saying that he had &#8220;no intention,&#8221; and that he &#8220;never did,&#8221; leading to a rally in the markets, the Dollar, and the Treasuries.
Roubini has been a <a href="https://www.benzinga.com/25/04/44620056/dr-doom-nouriel-roubini-trumps-liberation-day-tariff-label-is-orwellian-doublespeak-us-playing-with-fire">vocal critic of Trump&#8217;s tariffs</a> since the beginning, referring to the term &#8220;Liberation Day&#8221; as &#8220;Orwelian Double-Speak,&#8221; while adding that tariffs would only lead to &#8220;lower growth and higher inflation.&#8221;
He has also repeatedly warned that the <a href="https://benzinga.com/markets/25/04/44677685/dr-doom-roubini-warns-markets-delusional-about-fed-rescue-as-trump-xi-jinping-jerome-powell-locked-in-high-stakes-standoff">markets were delusional</a> about the Federal Reserve&#8217;s willingness to step in, calling it a &#8220;three-way game of chicken&#8221; between Trump, Powell, and Chinese President Xi Jinping, with Trump being most likely to blink first.
Photo Courtesy: Prometheus72 on Shutterstock.com
Read More: <a href="https://www.benzinga.com/personal-finance/25/04/44940178/warren-buffett-says-millions-are-trapped-living-an-american-nightmare-but-proposes-a-tool-far-more-useful-than-raising-minimum-wage">Warren Buffett Says Millions Are Trapped Living An &#8216;American Nightmare&#8217; — But Proposes A Tool &#8216;Far More Useful&#8217; Than Raising Minimum Wage</a>

Government

Markets

'Dr. Doom' Rips Trump Over Fed Attacks: Fed Chair Helping President By Not Blinking In 'Clusmy Blame Game' As Rate Cuts Could Backfire

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk's renewed focus on <a href="https://www.benzinga.com/25/04/44940401/elon-musk-says-hell-only-spend-day-or-two-per-week-on-government-matters-to-ensure-fraud-does-not-come-roaring-back-ceos-focus-to-shift-to-tesla-beginning-may">leading the electric vehicle company</a> and plan to reduce his involvement in government affairs drew praise from Wedbush Securities analyst Dan Ives.
What Happened: During Tesla&#8217;s <a href="https://www.benzinga.com/news/earnings/25/04/44937440/tesla-q1-misses-estimates-as-tariff-pressures-weigh-on-outlook-lower-cost-evs-still-on-track">first-quarter earnings call Tuesday</a>, Musk announced he would reduce his involvement with the Department of Government Efficiency (DOGE) beginning in May, limiting his government work to &#8220;a day or two per week.&#8221;
&#8220;Musk has handled the conference call very well. Recommit to Tesla and major step back on DOGE. This was well communicated by Musk on this call in our view&#8230;needed to hear this tone and direction,&#8221; Ives wrote on social media platform X following the call.
In a CNBC <a href="https://www.youtube.com/watch?v=8h08VWiJ9tE">interview</a> Tuesday, Ives characterized Tesla&#8217;s first-quarter results as &#8220;a disaster,&#8221; with deliveries &#8220;significantly&#8221; missing expectations. The company reported revenue of $19.34 billion, down 9% year-over-year and below consensus estimates of $21.35 billion.
<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">Musk has handled the conference call very well. Recommit to Tesla and major step back on DOGE. This was well communicated by Musk on this call in our view…needed to hear this tone and direction as discussed on <a href="https://twitter.com/CNBCOvertime?ref_src=twsrc%5Etfw">@CNBCOvertime</a> <a href="https://t.co/4m3B05ezSs">https://t.co/4m3B05ezSs</a>
&mdash; Dan Ives (@DivesTech) <a href="https://twitter.com/DivesTech/status/1914802365187919933?ref_src=twsrc%5Etfw">April 22, 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/economics/macro-economic-events/25/04/44935804/will-tariffs-leave-a-mark-business-activity-data-lands-wednesday-in-first-read-since-trumps-move">Will Tariffs Leave A Mark? Business Activity Data Lands Wednesday In First Read Since Trump&#8217;s Move</a>
Why It Matters: Ives, who maintains a bullish stance on Tesla despite recent concerns, had previously warned of a &#8220;$100 overhang per share&#8221; if Musk remained heavily involved in government activities. He described the earnings call as &#8220;the most important conference call he&#8217;s ever had&#8221; due to mounting brand damage from Musk&#8217;s political associations.
&#8220;If he stays and he doubles down and recommits, then I think this starts to become an avalanche that you can&#8217;t control,&#8221; Ives said, adding that Tesla faces approximately &#8220;15-20% brand damage&#8221; already.
Tesla&#8217;s guidance noted difficulty predicting growth rates due to shifting global trade policies, macroeconomic factors, and &#8220;changing political sentiment.&#8221; The company confirmed its lower-cost vehicle remains on track for production in the first half of 2025.
Price Action: Tesla closed at $237.97 on Tuesday, up 4.60%. After hours, it rose 5.39% to $250.80. The stock is down 37.26% year to date.
According to Benzinga Edge Stock Rankings, Tesla scores in the 13th percentile for Value and the 67th percentile for Growth. How do other EV rivals stack up? <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Find out here</a>.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44940763/ark-invests-bold-moves-nvidia-amd-airbnb-and-microsoft-in-focus">Cathie Wood Increases Bet On Nvidia And AMD Despite China Chip Hurdles, Ark Dumps Microsoft Stock Worth $9.7 Million</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: Joshua Sukoff / Shutterstock.com

Equities

News

Politics

Tech

TSLA

Dan Ives Calls Elon Musk's Tesla Recommitment 'Most Important Call He's Ever Had' As CEO Scales Back DOGE Role

U.S. stock futures saw an uptick Tuesday night following President Donald Trump&#8216;s statement that he <a href="https://www.benzinga.com/25/04/44940900/us-futures-dollar-jump-amid-trumps-latest-comments-on-fed-nikkei-rebounds-to-three-week-high">has &#8220;no intention&#8221; of dismissing</a> Federal Reserve Chair Jerome Powell. For the day, the Dow Jones Industrial Average ended 2.7% higher at 39,186.98, while the S&amp;P 500 rose 2.5% to 5,287.76 and the tech-heavy Nasdaq ended Tuesday higher by 2.7% to 16,300.42.
These are the top stocks that gained the attention of retail traders and investors throughout the day.
Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s shares rose by 4.60%, closing at $237.97. The stock hit an intraday high of $242.79 and a low of $229.85, with a 52-week range between $488.54 and $141.11. In the after-hours trading, the stock rose 5.4% to $250.80. The electric vehicle maker reported first-quarter financial results, revealing a <a href="https://www.benzinga.com/25/04/44937440/tesla-q1-earnings-highlights-revenue-miss-eps-miss-tariff-landscape-and-changing-political-sentiment-cloud-guidance">revenue and EPS miss</a>. The company&#8217;s guidance is clouded by the &#8220;tariff landscape&#8221; and &#8220;changing political sentiment.&#8221; First-quarter revenue came in at $19.34 billion, missing an estimate of $21.35 billion. On Tuesday, CEO Elon Musk said that he plans to spend only a &#8220;day or two&#8221; per week on government work going forward and <a href="https://www.benzinga.com/25/04/44940401/elon-musk-says-hell-only-spend-day-or-two-per-week-on-government-matters-to-ensure-fraud-does-not-come-roaring-ba">refocus his attention</a> on Tesla.
Intel Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>)
Intel&#8217;s stock climbed 3.56%, ending the day at $19.51. It reached an intraday high of $19.74 and a low of $19.04, with a 52-week high of $37.16 and a low of $17.67. The company <a href="https://www.benzinga.com/25/04/44940832/intel-plans-to-slash-over-20-of-workforce-in-major-restructuring-under-new-ceo-lip-bu-tan-report">plans to cut over 20% of its workforce</a> as part of a major restructuring under new CEO Lip-Bu Tan. This move aims to reduce bureaucracy and enhance engineering focus. In the after-hours trading, Intel stock rose 2% to $19.90.
Enphase Energy Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>)
Enphase Energy saw a 3.51% increase, closing at $53.43. The stock&#8217;s intraday high was $54.72, and the low was $51.95, with a 52-week range of $141.59 to $47.48. The solar company reported a <a href="https://www.benzinga.com/news/earnings/25/04/44938718/enphase-energy-q1-earnings-revenue-miss-eps-miss-cautious-guidance-shares-sink">revenue and EPS miss</a> for the first quarter, with cautious guidance leading to a decline in shares. The company reported first-quarter revenue of $356.1 million, missing the consensus estimate of $361.43 million. The stock dropped 9.9% to $48.14 in after-hours trading.
Oklo Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>)
Oklo&#8217;s stock jumped 5.59%, closing at $21.53. It reached an intraday high of $21.98 and a low of $20.62, with a 52-week high of $59.14 and a low of $5.35. The stock fell in after-hours trading by 3.5% following Sam Altman&#8216;s decision to <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44937524/oklo-stock-falls-as-sam-altman-steps-down-as-board-chair-now-is-the-right-time">step down as board chair</a>, aiming to provide the company with more partnership opportunities.
RTX Corporation&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>)
RTX shares dropped 9.81%, closing at $113.75. The stock&#8217;s intraday high was $117.19, and the low was $112.63, with a 52-week range of $136.17 to $99.07. Despite strong first-quarter earnings and cash flow, the <a href="https://www.benzinga.com/news/earnings/25/04/44932047/rtx-delivers-strong-q1-earnings-and-cash-flow-but-tariff-risks-to-outlook-persist">outlook is overshadowed</a> by tariff risks. The company posted first-quarter net sales of $20.31 billion and adjusted earnings per share of $1.47 — both numbers were above estimates.
Prepare for the day&#8217;s trading <a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a> by Benzinga.
Benzinga Edge Stock Rankings place Intel&#8217;s Momentum in the 20th percentile and Growth in the 3rd percentile. How does arch rival AMD stack up? <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Find out here</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="791" height="108" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22225102/Screenshot-2025-04-23-at-11.50.49.png" alt="" class="wp-image-883176" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22225102/Screenshot-2025-04-23-at-11.50.49.png 791w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22225102/Screenshot-2025-04-23-at-11.50.49-300x41.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22225102/Screenshot-2025-04-23-at-11.50.49-768x105.png 768w" sizes="(max-width: 791px) 100vw, 791px" /></a></figure>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44940763/ark-invests-bold-moves-nvidia-amd-airbnb-and-microsoft-in-focus">Cathie Wood Increases Bet On Nvidia And AMD Despite China Chip Hurdles, Ark Dumps Microsoft Stock Worth $9.7 Million</a></li>
</ul>
Photo Courtesy: NicoElNino On Shutterstock.com
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

ENPH

INTC

OKLO

Tesla, Intel, Enphase, Oklo, And RTX: Why These 5 Stocks Are On Investors' Radars Today

Leading cryptocurrencies rose alongside stocks on Tuesday on hopes that trade tensions between the U.S. and China would ease.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 9:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>+5.39%</td>
<td>$93,035.20</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+11.94%</td>
<td>$1,771.73</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+12.27%</td>
<td>$0.1813</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin drove the surge, surpassing $93,000 for the first time since the first week of March.&nbsp;
The rest of the market followed suit, with Ethereum, which was previously immune to Bitcoin's advances, soaring nearly 12% in the last 24 hours.
Bitcoin's April gains shot up to 12.3%, a marked recovery from the 12% dip in the first quarter of 2025.
The rally hit bearish traders hard as nearly $516 million in short positions were wiped out in the last 24 hours.&nbsp;
However, if Bitcoin reversed to $90,000, over $677 million in bullish long bets were at risk of liquidation.
Bitcoin&#8217;s Open Interest lifted 12.18% in the last 24 hours to a new monthly high, while funds locked in Ethereum's futures contract soared 15%.
Interestingly, over 60% of Binance traders with open Bitcoin positions were betting against the leading cryptocurrency, according to the Long/Short Ratio.
The market sentiment dramatically shifted from &#8220;Fear&#8221; to "Greed," according to the Crypto Fear and Greed Index.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Immutable (IMX)</td>
<td>+39.29%</td>
<td>$0.6469</td>
</tr>
<tr>
<td>Sui (SUI)</td>
<td>+22.66%</td>
<td>$2.69</td>
</tr>
<tr>
<td>Bonk (BONK)</td>
<td>+21.57%</td>
<td>$0.00001501</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $2.92 trillion, following an increase of 5.75% in the last 24 hours.
Stocks staged a sharp recovery on Tuesday. The Dow Jones Industrial Average rose 1,016.57 points, or 2.66%, to end at 39,186.98. The S&amp;P 500 jumped 2.51% to close at 5,287.76, while the tech-focused Nasdaq Composite gained 2.71% to end at 16,300.42.
The rebound came after U.S. Treasury Secretary Scott Bessent hinted at a <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44930495/wall-street-rebounds-ahead-of-tesla-earnings-dow-adds-1000-points-bitcoin-hits-91000-whats-driving-markets-tuesday">potential de-escalation in trade hostilities</a> with China during a JPMorgan-hosted event in Washington.
In other news, the International Monetary Fund <a href="https://in.benzinga.com/government/regulations/25/04/44926902/imf-slashes-us-growth-outlook-as-trump-tariffs-bite-raises-recession-odds-to-40">downgraded</a> its 2025 economic growth forecast for the U.S., citing Trump's tariff policies, while modestly raising its inflation forecast.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Influential cryptocurrency analyst Ali Martinez highlighted the zone between $95,600 and $98,290 as the next key resistance for Bitcoin.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> just hit $90,000, and based on on-chain data from <a href="https://twitter.com/intotheblock?ref_src=twsrc%5Etfw">@intotheblock</a>, the next key area of resistance is between $95,600 and $98,290! <a href="https://t.co/tYDjUmTCfH">pic.twitter.com/tYDjUmTCfH</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1914682321363505534?ref_src=twsrc%5Etfw">April 22, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Another well-known chartist, going by the pseudonym CrediBULL Crypto, warned against premature celebration.
"Really going to depend on BTC here. A pullback soon and we will likely reject. If BTC keeps pushing, however, there&#8217;s a chance we will get through," the analyst said. "Well we are still right up against our supply zone- so can&#8217;t celebrate just yet.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Well we are still right up against our supply zone- so can&#39;t celebrate just yet. Really going to depend on <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> here. A pullback soon and we will likely reject. If BTC keeps pushing however there&#39;s a chance we will get through. Note a rejection isn&#39;t anything to be scared of-… <a href="https://t.co/mEHS6PBDZa">https://t.co/mEHS6PBDZa</a> <a href="https://t.co/yliPEUsFpQ">pic.twitter.com/yliPEUsFpQ</a>
&mdash; CrediBULL Crypto (@CredibleCrypto) <a href="https://twitter.com/CredibleCrypto/status/1914744641351524546?ref_src=twsrc%5Etfw">April 22, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo Courtesy: Mc_Cloud on Shutterstock.com
Read Next:    
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44935698/solana-price-climbs-as-galaxy-digital-swaps-eth-for-sol-and-memecoin-momentum-builds">Solana Price Climbs As Galaxy Digital Swaps ETH For SOL And Memecoin Momentum Builds</a></li>
</ul>

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

Cryptocurrency

Movers

Trading Ideas

$BTC

$DOGE

$ETH

Bitcoin, Ethereum, Dogecoin Pump Along With Stock On US-China Trade War De-Escalation Hopes: Analyst Flags $95,600-$98,290 As BTC's Next Key Resistance

Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) plans to ramp up production of its <a href="https://www.benzinga.com/media/25/03/44508019/tesla-and-other-us-robotics-giants-demand-federal-strategy-to-compete-with-chinas-138-billion-push-warn-america-will-lose-the-race-without-it">humanoid robot</a> Optimus are facing significant roadblocks due to supply chain constraints and China's new export restrictions on rare earth materials.
What Happened: On Tuesday, during <a href="https://www.benzinga.com/news/earnings/25/04/44937440/tesla-q1-misses-estimates-as-tariff-pressures-weigh-on-outlook-lower-cost-evs-still-on-track">Tesla's first-quarter earnings</a> call, CEO Elon Musk said that Optimus remains in early-stage development, with mass production still months away.
Musk said the company hopes to produce thousands of the <a href="https://www.benzinga.com/25/01/43325888/tesla-likely-to-sell-optimus-to-rival-companies-in-2026-price-point-of-humanoid-robot-to-be-detemined-by-demand-says-ceo-elon-musk">robots by the end of the year</a>, but cautioned that progress is "totally impossible" to predict.
The billionaire highlighted one key challenge as China's requirement for export licenses on rare earth magnets—critical components in Optimus actuators.
Tesla's robot arms use permanent magnets to stay compact and efficient, but the new restrictions have disrupted the supply, Musk said.
See Also:&nbsp;<a href="https://benzinga.com/markets/equities/25/04/44862552/ford-recalls-nearly-150000-vehicles-over-brake-and-powertrain-issues-nhtsa" target="_blank" rel="noreferrer noopener">Ford Recalls Nearly 150,000 Vehicles Over Brake And Powertrain Issues: NHTSA</a>
&#8220;We're working through that with China. Hopefully, we'll get a license to use the rare earth magnets. China wants some assurances that these are not used for military purposes, which, obviously, they're not,&#8221; the Tesla CEO said.
In addition to the geopolitical hurdles, Musk underscored the extreme complexity of Optimus. "Almost everything in Optimus is new," he said, noting the robot has about 10,000 unique parts and no existing supply chain for most components.
&#8220;When you have a new complex manufactured product, it'll move as fast as the slowest and least lucky component in the entire thing,&#8221; he stated.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It's Important: Tesla reported first-quarter revenue of $19.34 billion, marking a 9% decline from the same period last year. The figure fell short of Wall Street's expectations, missing the consensus estimate of $21.35 billion.
Previously, it was reported that Tesla is encountering new hurdles in its production plans following the Donald Trump administration's <a href="https://www.benzinga.com/25/04/44831422/donald-trumps-145-tariffs-on-china-could-disrupt-teslas-cybercab-semi-production-report">145% tariffs on Chinese imports</a>.
Tesla has also reportedly <a href="https://www.benzinga.com/25/04/44806701/tesla-suspends-new-orders-for-model-s-and-model-x-in-china-report">stopped accepting new orders</a> for its U.S.-made Model S and Model X in China. Last year, China imported more than 1,553 Model X units and 311 Model S vehicles.
Price Action: Tesla shares increased by 4.60% on Tuesday, reaching $237.97. However, the stock has dropped 37.26% year-to-date, <a href="https://pro.benzinga.com/dashboard">according to Benzinga Pro</a>.
The company currently holds a growth score of 67.63%, based on Benzinga Edge Stock Rankings. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it compares</a> with other companies in the sector.
Photo Courtesy: Iv-olga On Shutterstock.com
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://benzinga.com/25/04/44855242/charlie-munger-once-highlighted-how-warren-buffetts-lifelong-learning-made-berkshire-hathaways-success-possible-and-the-crucial-lesson-you-can-take-from-it" target="_blank" rel="noreferrer noopener">Charlie Munger Once Said Warren Buffett Is A ‘Learning Machine' And That's What Lies Beneath Berkshire Hathaway's Success From One Decade To Another</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Earnings

General

Tesla Optimus Robot Hit By China's Rare Earths Crackdown — Elon Musk Says Thousands May Be Ready By Year-End, But No Guarantees

U.S. stock futures edged higher Tuesday night after President Donald Trump told reporters in the Oval Office he had "no intention" of firing Federal Reserve Chair Jerome Powell, adding that he "never did," according <a href="https://www.cnbc.com/2025/04/22/trump-says-he-has-no-intention-of-firing-fed-chair-powell.html">to</a> CNBC. 
The S&amp;P 500 Futures are up 1.41%, at 5,389, followed by Dow Futures, trading at 39,788, up 1.09%, and finally Nasdaq Futures at 18,675, up 1.58%. This comes after a strong rebound in the regular session on Tuesday, with the Dow rallying 1,000 points and snapping its four-day losing streak, and both the S&amp;P 500 and the Nasdaq rising over 2%.
See More: <a href="https://www.benzinga.com/25/04/44940763/ark-invests-bold-moves-nvidia-amd-airbnb-and-microsoft-in-focus">Cathie Wood Increases Bet On Nvidia And AMD Despite China Chip Hurdles, Ark Dumps Microsoft Stock Worth $9.7 Million</a>
Japan&#8217;s Nikkei 225 benchmark index is taking cues from Wall Street and is up 1.72% or 588 points in the early morning session. Tech, export-linked stocks, and insurance companies led the rally. 
The U.S. Dollar Index (DXY) is up 0.3%, following a rebound from its three-year lows on Monday. This comes after the President backed down from his threats against the Fed Chair on Tuesday night, according to a report by Reuters.
Investors will be closely watching the earnings of several large-cap stocks on Wednesday, including Philip Morris International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>), AT&amp;T Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>), and ServiceNow Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>), among several others.
Photo Courtesy: JOURNEY STUDIO7 On Shutterstock.com
Read More: <a href="https://www.benzinga.com/personal-finance/25/04/44940599/how-urgent-is-the-quantum-computing-risk-facing-bitcoin-one-team-is-putting-1-btc-up-for-grabs-to-find-out">How Urgent Is The Quantum Computing Risk Facing Bitcoin? One Team Is Putting 1 BTC Up For Grabs To Find Out</a>

Trump Says 'No Intention' Of Firing Jerome Powell — Stock Futures Edge Higher, Dollar Index Rebounds

Electric vehicle juggernaut Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) reported losses on cryptocurrency investments in the first quarter on Tuesday, while its Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) stash remained unchanged.
What happened: Tesla's balance sheet showed $951 million in digital assets, down 11.6% from the last quarter, according to the company's earnings report released after the market close.
The firm also reported a mark-to-market loss of $125 million on its cryptocurrency investments, compared to $347 million in gains in the fourth quarter of 2024.
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/markets/cryptocurrency/25/04/44891685/gary-black-shares-polymarket-data-says-trump-tariffs-have-pushed-odds-of-2025-recession-to-57">Gary Black Shares Polymarket Data, Says Trump Tariffs Have Pushed Odds Of 2025 Recession To 57%</a>
Tesla does not publish a breakdown of its cryptocurrency holdings. However, on-chain analytics firm Arkham Intelligence <a href="https://intel.arkm.com/explorer/entity/tesla">suggests </a>that the entirety of their stockpile is made up of Bitcoin, worth almost $1.076 billion at the time of writing. Its hoard of 11,509 BTC remained unchanged from the last quarter.
Bitcoin closed the first quarter down roughly 12%, resulting in unrealized losses for Tesla. However, with the apex cryptocurrency regaining 13% in April, its current value, as indicated by Arkham, was higher.
Why It Matters: With the adoption of the <a href="https://www.benzinga.com/24/12/42502213/new-crypto-accounting-standards-from-todaywill-it-boost-bitcoins-corporate-adoption">new accounting standard for cryptocurrencies</a>, businesses can declare their holdings at market value and include them in net income.&nbsp;
Tesla's Bitcoin journey began in January 2021, when it first acquired $1.5 billion worth of the leading cryptocurrency.&nbsp;
Meanwhile, the Elon Musk-led company revealed a <a href="https://www.benzinga.com/news/earnings/25/04/44937440/tesla-q1-misses-estimates-as-tariff-pressures-weigh-on-outlook-lower-cost-evs-still-on-track">revenue and earnings fall</a> in the first quarter, both of which missed analysts&#8217; expectations.
Price Action: At the time of writing, Bitcoin was exchanging hands at $93,315.25, up 5.62% 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>.
Shares of Tesla surged 5.39% in after-hours trading after closing up 4.60% at 237.97 during Tuesday's regular trading session.&nbsp;
The TSLA stock ranked high on the quality score—a measure of the company&#8217;s operational efficiency and financial health—as of this writing. To see how it compares to Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), the largest Bitcoin corporate holder, check out <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings</a>.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="485" height="136" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22212559/Screenshot-2025-04-23-065441.png" alt="" class="wp-image-883109" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22212559/Screenshot-2025-04-23-065441.png 485w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22212559/Screenshot-2025-04-23-065441-300x84.png 300w" sizes="(max-width: 485px) 100vw, 485px" /></figure>
Photo Courtesy: Ink Drop On Shutterstock.com
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44890965/shiba-inu-team-issues-major-anti-scam-alert-heres-what-you-need-to-know">Shiba Inu Team Issues Major Anti-Scam Alert: Here&#8217;s What You Need To Know</a></li>
</ul>

MSTR

Elon Musk-Led Tesla Reports $125 Million In Unrealized Losses On Bitcoin After Top Crypto Drops 12% In Q1

Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Johnson &amp; Johnson, Chevron, and Flowers Foods have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of around 3% to 5%.
Johnson &amp; Johnson
Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>) engages in the research and development, manufacture, and sale of various products in the healthcare field worldwide.
Don't Miss:
<ul>
<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!</a></li>
<li><a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.</li>
</ul>
Johnson &amp; Johnson has increased its dividends every year for the last 63 years. In its most recent dividend hike announcement on April 15, its board raised the quarterly payout by 4.80% to $1.30 per share, which is equal to an annual figure of $5.20 per share. Currently, the dividend yield on the stock stands at 3.38%.
Johnson &amp; Johnson's annual revenue as of Dec. 31 stood at $88.82 billion. According to the company&#8217;s Q1 2025 earnings release on April 15, it posted revenues of $21.89 billion and EPS of $2.77, both beating the consensus estimates.
Check out this <a href="https://www.benzinga.com/insights/short-sellers/25/04/44844459/how-is-the-market-feeling-about-johnson-johnson">article by Benzinga</a> to learn how the market is feeling about Johnson &amp; Johnson.
Trending: The secret weapon in billionaire investor portfolios that you almost certainly don't own yet. <a href="https://www.benzinga.com/money/masterworks">See which asset class has outpaced the S&amp;P 500 (1995-2024) – and with near-zero correlation.</a>
Chevron
Chevron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) engages in the integrated energy and chemicals operations in the U.S. and internationally.
Chevron has raised its dividends consecutively for the last 37 years. In its latest dividend announcement on Jan. 31, the company's board increased the quarterly payout by 5% to $1.71 per share, equaling an annual figure of $6.84 per share. Currently, the dividend yield on the stock is 5.05%.
The company's annual revenue as of Dec. 31 stood at $193.41 billion. In its Q4 2024 earnings report on Jan. 31, Chevron posted revenues of $52.23 billion, beating the consensus estimate of $48.41 billion, while EPS of $2.06 came in below the consensus of $2.11.
Check out this <a href="https://www.benzinga.com/insights/news/25/03/44358250/100-invested-in-chevron-5-years-ago-would-be-worth-this-much-today">article by Benzinga</a> to see how much $100 invested in Chevron five years ago would be worth today.&nbsp;
See Also: Hasbro, MGM, and Skechers trust this AI marketing firm — <a href="https://www.benzinga.com/money/rad-intel">invest pre-IPO from $0.60 per share now</a>.
Flowers Foods
Flowers Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLO#NYSE">FLO</a>) produces and markets packaged bakery food products in the U.S. It distributes its products through a direct-store-delivery distribution and a warehouse delivery system, as well as operates bakeries.
Flowers Foods has raised its dividends consecutively for the last 11 years. In its most recent dividend hike announcement on May 23, it increased the quarterly payout by 4.3% to $0.24 per share, equal to an annual figure of $0.96 per share. More recently, in its dividend announcement on Feb. 14, the company maintained the payout at the same level. Currently, the dividend yield on the stock is 5.34%.
The company&#8217;s annual revenue as of Dec. 31 stood at $5.10 billion. In its most recent earnings report on Feb. 7, the company posted Q4 2024 revenues of $1.11 billion, below the consensus estimate of $1.13 billion, while EPS of $0.22 beat the consensus of $0.21.
Johnson &amp; Johnson, Chevron, and Flowers Foods are good choices for investors seeking reliable passive income. Their dividend yields of around 3% to 5% and long history of consistent hikes make them attractive to income-focused investors.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/money/investing-in-the-midwest-why-multifamily-real-estate-is-a-winning-strategy">This investment company boasts a 33.85% internal rate of return (IRR) for its realized projects, allowing accredited investors to earn passive returns and avoid the headaches of being a landlord.</a></li>
<li>‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. <a href="https://www.benzinga.com/money/mode-mobile-2">You can invest today for just $0.26/share with a $1000 minimum.</a></li>
</ul>
Image: Shutterstock

Personal Finance

Why Johnson & Johnson, Chevron, And Flowers Foods Are Winners For Passive Income

Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) reportedly plans to reduce more than 20% of its workforce as part of a major overhaul under new CEO Lip-Bu Tan.
What Happened: The layoffs are targeted toward reducing bureaucracy and streamlining Intel's focus on engineering excellence, <a href="https://www.bloomberg.com/news/articles/2025-04-23/intel-to-announce-plans-this-week-to-cut-more-than-20-of-staff">reported</a> Bloomberg on Tuesday, citing a person with knowledge of the matter.&nbsp;
Tan was appointed the new CEO of Intel last month. This overhaul would mark the first major restructuring under him.
Last year, Intel revealed plans to slash 15,000 jobs. The company had 108,900 employees by the end of last year, the report noted.
Intel did not immediately respond to <a href="https://pro.benzinga.com/dashboard">Benzinga's</a> request for comments.
See Also:&nbsp;<a href="https://benzinga.com/markets/equities/25/04/44862552/ford-recalls-nearly-150000-vehicles-over-brake-and-powertrain-issues-nhtsa" target="_blank" rel="noreferrer noopener">Ford Recalls Nearly 150,000 Vehicles Over Brake And Powertrain Issues: NHTSA</a>
Why It&#8217;s Important: Last week, Reuters cited an <a href="https://www.benzinga.com/25/04/44881183/intel-ceo-lip-bu-tan-slams-suffocating-bureaucracy-puts-ai-front-and-center-with-leadership-reshuffle-direct-oversight-to-reinvent-company-after-years-of-setbacks">internal memo from Intel</a> and reported that Tan has decided that data center, AI, and personal computer chip divisions will now report to him directly.
"It&#8217;s clear to me that organizational complexity and bureaucratic processes have been slowly suffocating the culture of innovation we need to win," he reportedly said in the memo, adding, "It takes too long to make decisions. New ideas are not given room or resources to incubate. And unnecessary silos lead to inefficient execution."
Intel is scheduled to report its earnings on Thursday after the market closes.
Price Action: Intel shares rose 3.56% on Tuesday, closing at $19.51. The stock added another 2% in after-hours trading, climbing to $19.90. Year-to-date, the chipmaker is down 3.51%, <a href="https://pro.benzinga.com/dashboard">according to Benzinga Pro</a>.
Intel currently has a growth score of 3.59% based on Benzinga Edge Stock Rankings. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it compares to other top</a> semiconductor stocks.
Photo Courtesy: Tada Images On Shutterstock.com
Read Next:
<ul>
<li><a href="https://benzinga.com/25/04/44855242/charlie-munger-once-highlighted-how-warren-buffetts-lifelong-learning-made-berkshire-hathaways-success-possible-and-the-crucial-lesson-you-can-take-from-it" target="_blank" rel="noreferrer noopener">Charlie Munger Once Said Warren Buffett Is A ‘Learning Machine' And That's What Lies Beneath Berkshire Hathaway's Success From One Decade To Another</a></li>
</ul>

Media

Intel Plans To Slash Over 20% Of Workforce As Lip-Bu Tan Carries Out Major Restructuring: Report

On Tuesday, Cathie Wood-led Ark Invest made significant trades involving major tech companies. The firm increased its holdings in NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Advanced Micro Devices Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), while also making notable moves with Airbnb Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>) and Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>). These trades reflect Ark&#8217;s strategic positioning amid evolving market conditions.
The Nvidia Trade
ARK Autonomous Technology &amp; Robotics ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKQ#BATS">ARKQ</a>) fund acquired 11,000 shares of NVIDIA. On Tuesday, Nvidia shares ended the day at $98.89. The Ark trade was valued at $1.09 million. This move comes amid recent challenges for Nvidia, involving new U.S. <a href="https://www.benzinga.com/government/regulations/25/04/44846329/nvidias-china-sales-face-setback-as-h20-chip-restrictions-catch-key-buyers-off-guard-reuters">export restrictions on its H20 chip to China</a>. The chipmaker&#8217;s failure to inform key clients about these restrictions has raised concerns. Despite these hurdles, Ark&#8217;s investment suggests confidence in Nvidia&#8217;s long-term potential, particularly in the AI and gaming sectors.
The AMD Trade
On the same day, Ark&#8217;s ARKQ fund purchased 24,800 shares of AMD. The chipmaker has faced a decline in its stock price due to U.S. government restrictions on AI chip exports to China. These restrictions have <a href="https://www.benzinga.com/news/25/04/44900227/amd-stock-drops-amid-ai-chip-export-ban-whats-going-on">sparked worries</a> about geopolitical risks and supply chain disruptions. For the day, AMD shares closed at $86.26. The Ark purchase was valued at $2.14 million.
The Airbnb Trade
ARK Fintech Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#NYSE">ARKF</a>) and ARK Next Generation Internet ETF (BATS: ARKW) funds collectively bought 80,361 shares of Airbnb. On Tuesday, the shares closed at $114.91, valuing the Ark purchase at $9.23 million. The company has been experiencing <a href="https://www.benzinga.com/general/market-summary/25/02/43722350/airbnb-crushes-q4-estimates-as-classic-hotel-users-flock-to-short-term-rentals-heres-whats-driving-the-surge-in-nights-and-experiences">robust growth</a>, as it surpassed fourth-quarter 2024 earnings expectations, driven by increased bookings in &#8220;nights and experiences.&#8221; The company&#8217;s CFO, Ellie Mertz, noted significant market share gains from traditional hotels. Ark&#8217;s investment aligns with Airbnb&#8217;s strong performance and its potential for continued expansion in the travel sector.
The Microsoft Trade
In a strategic move, Ark&#8217;s ARKW fund sold 26,405 shares of Microsoft valued at approximately $9.7 million based on the latest closing price of $366.82. Despite Microsoft <a href="https://www.benzinga.com/media/25/03/44515782/microsoft-halts-expansion-plans-yet-analysts-still-rank-it-among-top-investment-picks">halting expansion plans</a> for data centers, analysts still rank it among the top investment picks, as reported by Bloomberg. This decision reflects Ark&#8217;s tactical rebalancing, possibly to allocate resources to other emerging opportunities.
Other Key Trades:
<ul>
<li>Sold 268,284 shares of UiPath Inc (PATH) across ARKF and ARKW funds.</li>
<li>Sold 154,591 shares of Kratos Defense and Security Solutions Inc (KTOS) in the ARKQ fund.</li>
<li>Bought 303,603 shares of 10X Genomics Inc (TXG) in the ARKG fund.</li>
</ul>
Benzinga Edge Stock Rankings show AMD ranks in the 12th percentile when it comes to Momentum and 17th in terms of Value. How does it compare to Nvidia? Find out by <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">clicking here</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="446" height="278" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22210807/Screenshot-2025-04-23-at-10.07.52.png" alt="" class="wp-image-883101" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22210807/Screenshot-2025-04-23-at-10.07.52.png 446w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22210807/Screenshot-2025-04-23-at-10.07.52-300x187.png 300w" sizes="(max-width: 446px) 100vw, 446px" /></a></figure>
Photo Courtesy: viewimage on Shutterstock.com
Read Next: 
<ul>
<li><a href="https://benzinga.com/trading-ideas/movers/25/04/44932257/billionaire-john-paulson-buys-800-million-stake-in-alaskan-gold-mine-as-gold-hits-record-hig" target="_blank" rel="noreferrer noopener">Billionaire John Paulson Buys $800 Million Stake In Alaskan Gold Mine As Gold Hits Record Highs</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

ABNB

ARKF

ARKQ

ARKW

MSFT

NVDA

Cathie Wood Increases Bet On Nvidia And AMD Despite China Chip Hurdles, Ark Dumps Microsoft Stock Worth $9.7 Million

<ul>
<li>Project 11 is looking to gauge the urgency of the quantum security risk to Bitcoin.</li>
<li>Millions of addresses could be at risk if quantum computers are eventually able to break Bitcoin&#8217;s cryptography.</li>
<li>Project 11&#8217;s efforts could inform a push to make the cryptocurrency network quantum-resistant.</li>
</ul>
One of the defining features of Bitcoin, the largest cryptocurrency by market capitalization, is its security. In fact, a common boast made by proponents is that the network has never been hacked.
But this celebrated security may soon be under threat—at least, that is what believers in <a href="https://www.benzinga.com/24/12/42455205/will-googles-new-willow-chip-break-bitcoin-some-dismiss-it-as-fantasy-while-others-flag-risk-that-isnt-immediate">the fast-rising potential of quantum computing</a> have suggested.&nbsp;
How urgent is this threat? One quantum computing firm is seeking to find out through an open contest.
Don't Miss:
<ul>
<li>‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. <a href="https://www.benzinga.com/money/mode-mobile-2">You can invest today for just $0.26/share with a $1000 minimum.</a></li>
<li><a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.</li>
</ul>
<h2 class="wp-block-heading">1 BTC And More?</h2>
Project 11, a recently launched quantum computing firm, is looking to gauge the urgency of the quantum security risk to Bitcoin.
On April 16, Project 11 <a href="https://x.com/qdayclock/status/1912534686569755044?t=f7I28f8NwGYcohKIYzPQvQ&amp;s=19">disclosed</a> that it would give away 1 BTC, currently worth nearly $85,000, to any individual or team that could break the largest elliptic curve cryptographic key possible using Shor&#8217;s algorithm on a quantum computer before April 5, 2026.
Elliptic curve cryptography is an encryption system favored for its efficiency and used to secure several things, including Bitcoin wallets. Shor&#8217;s algorithm is a quantum algorithm widely believed to have the potential to break encryption systems like ECC if a large and accurate enough quantum computer is built.
Trending: It&#8217;s no wonder Jeff Bezos holds over $250 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a>
However, for the Project 11 challenge, participants won&#8217;t be taking on the 256-bit Bitcoin wallet encryption key but &#8220;a toy version.&#8221; Specifically, the firm has prepared a set of keys with varying security levels from 1 to 25 bits.
&#8220;You don&#8217;t need to break a Bitcoin key. A 3-bit key would be big news,&#8221; the firm <a href="https://www.qdayprize.org/">said</a>.
The statement comes as Project 11 asserts that no ECC key used in real-world cryptography has ever been cracked. As such, the team contended that the prize was not just 1 BTC but also a chance &#8220;to go down in cryptography history.&#8221;
<h2 class="wp-block-heading">Over $500B At Risk</h2>
Project 11 believes that <a href="https://www.benzinga.com/24/12/42455205/will-googles-new-willow-chip-break-bitcoin-some-dismiss-it-as-fantasy-while-others-flag-risk-that-isnt-immediate">at the current pace of development</a>, quantum computers could break Bitcoin&#8217;s wallet encryption within the decade, potentially putting millions of exposed wallet keys at risk. The firm <a href="https://www.projecteleven.com/btc-at-risk">estimates</a> that these wallets hold 6 million BTC worth over $500 billion.
See Also: Hasbro, MGM, and Skechers trust this AI marketing firm — <a href="https://www.benzinga.com/money/rad-intel">invest pre-IPO from $0.60 per share now</a>.
As such, Project 11 could inform efforts to make Bitcoin quantum-proof by quantifying the present threat level of quantum computing to the network.&nbsp;
As recently as two weeks ago, developer Agustin Cruz <a href="https://github.com/chucrut/bips/blob/master/bip-xxxxx.md">submitted</a> a proposal to migrate the network to wallets secured by quantum-resistant cryptography. However, implementing the proposal would require a hard fork, which has historically been difficult to reach a consensus on.
In the meantime, to mitigate potential risks from quantum computing, Project 11 advises Bitcoin holders to move their assets to newly generated addresses that have not been exposed online.
However, Bitcoin would not be the only system at risk if a practical quantum computer were developed. With the ability to hack almost any system, the global financial system would be there for the taking.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/money/investing-in-the-midwest-why-multifamily-real-estate-is-a-winning-strategy">This investment company boasts a 33.85% internal rate of return (IRR) for its realized projects, allowing accredited investors to earn passive returns and avoid the headaches of being a landlord.</a></li>
<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!</a></li>
</ul>
Image: Shutterstock

How Urgent Is The Quantum Computing Risk Facing Bitcoin? One Team Is Putting 1 BTC Up For Grabs To Find Out

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk said Tuesday that he will spend less time at the Department of Government Efficiency. 
What Happened: At the company&#8217;s first-quarter earnings call, Musk shared plans to reduce his involvement in government roles starting in May. He noted that the establishment of the DOGE department is nearly complete, allowing him to focus more on Tesla.
&#8220;I do think there's you know, the the the large slug of work necessary to get the votes team in place and working in the government to get the financial house in order is mostly done,&#8221; said the entrepreneur.
However, Musk said that he will have to keep &#8220;continuing doing it&#8221; for the rest of President Donald Trump&#8217;s term to &#8220;make sure that the waste and fraud that we stop does not come roaring back.&#8221;
He said that he&#8217;ll continue to spend a &#8220;day or two per week&#8221; on government matters as long as Trump would like him to do so or it is useful.
Musk reassured investors that Tesla has weathered numerous crises, including several near-death experiences, but emphasized that the current situation is not one of those critical times.
See Also: <a href="https://benzinga.com/25/04/44913967/trumps-bowling-ball-tale-bounces-back-japan-refutes-presidents-car-safety-test-claims" target="_blank" rel="noreferrer noopener">Trump&#8217;s Bowling Ball Tale Bounces Back, Japan Refutes President&#8217;s Car Safety Test Claims</a>
Why It Matters: The context surrounding Musk&#8217;s decision to step back from government roles is crucial. On Sunday, Wedbush analyst Dan Ives suggested that Musk should <a href="https://www.benzinga.com/25/04/44891383/elon-musk-needs-to-leave-the-government-and-get-back-to-being-ceo-of-tesla-says-dan-ives-ahead-of-q1-earnings">prioritize his role</a> as CEO of Tesla, highlighting the importance of his involvement in the company. Ives, known for his bullish stance on Tesla, had previously lowered his price target on the stock, citing concerns over Musk&#8217;s government commitments. 
Further, on Tuesday, Ives flagged <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44933432/tesla-in-code-red-situation-as-analyst-flags-6-threats-tied-to-musks-government-role">six threats</a> tied to Musk&#8217;s government role, describing Tesla&#8217;s situation as &#8220;code red.&#8221; Analysts were concerned about the potential impact of Musk&#8217;s divided attention on the company&#8217;s performance. 
Additionally, Tesla&#8217;s first-quarter earnings report <a href="https://www.benzinga.com/25/04/44937440/tesla-q1-earnings-highlights-revenue-miss-eps-miss-tariff-landscape-and-changing-political-sentiment-cloud-guidance">highlighted a revenue and EPS miss</a>, with external factors like the &#8220;tariff landscape&#8221; and &#8220;changing political sentiment&#8221; affecting guidance. First-quarter revenue came in at $19.34 billion, down 9% on a year-over-year basis, below the consensus estimate of $21.35 billion.
Benzinga Edge Stock Rankings indicate Tesla has Value in the 13th percentile and Growth in the 67th percentile. How do other EV rivals compare? <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Check that out here</a>. 
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="446" height="280" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22202625/Screenshot-2025-04-23-at-9.26.08.png" alt="" class="wp-image-883083" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22202625/Screenshot-2025-04-23-at-9.26.08.png 446w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22202625/Screenshot-2025-04-23-at-9.26.08-300x188.png 300w" sizes="(max-width: 446px) 100vw, 446px" /></a></figure>
Photo Courtesy: Shutterstock/Joshua Sukoff
Check out more of Benzinga's Future Of Mobility coverage by <a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next: 
<ul>
<li><a href="https://benzinga.com/25/04/44919745/tesla-shifts-cybertruck-marketing-strategy-to-appeal-to-traditional-pick-up-truck-customers-amid-poor-sales" target="_blank" rel="noreferrer noopener">Cybertruck Gets A Down-To-Earth Redesign As Tesla Shifts To Traditional Pickup Marketing Amid Poor Sales</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Elon Musk Says He'll Only Spend 'Day Or Two Per Week' On Government Matters To Ensure Fraud 'Does Not Come Roaring Back': CEO's Focus To Shift To Tesla Beginning May

<a href="https://www.benzinga.com/real-estate/24/11/41876775/u-s-homebuyers-are-now-56-on-average-as-younger-generations-struggle-with-wildly-unaffordable-market-housing-expert-warns">Housing is unaffordable</a>. Essentials cost more than ever. And despite working full time — sometimes more — millions of Americans still feel like they're one flat tire away from financial disaster.
Warren Buffett talked about this exact problem 10 years ago. Not as a warning about what might happen — but as a plain description of what already was.
"There's been millions that have lived the dream," he said during a <a href="https://youtu.be/353OLA_VOFw?si=eigJ84g015jloCn6">2015 interview with PBS NewsHour</a>. "But there's been an American nightmare that has accompanied that."
Don't Miss:
<ul>
<li>‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. <a href="https://www.benzinga.com/money/mode-mobile-2">You can invest today for just $0.26/share with a $1000 minimum.</a></li>
<li><a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.</li>
</ul>
Buffett wasn't describing people who gave up or checked out. He was talking about the ones who did everything society told them to do and still couldn't get ahead.
"That's where people that equally have <a href="https://www.benzinga.com/25/04/44855242/charlie-munger-once-highlighted-how-warren-buffetts-lifelong-learning-made-berkshire-hathaways-success-possible-and-the-crucial-lesson-you-can-take-from-it">tried to get education</a> and worked hard and had good habits have found themselves living a life that's been on the edge throughout their entire lives — and the same for their children."
It was an election year, and Buffett said he wanted candidates to address it — not in theory, but in concrete action.
"I would like to hear any candidate say they felt about that and what they intended to do about it. It's got to be a big issue."
In Buffett's view, one of the best tools wasn't a minimum wage hike. It was the Earned Income Tax Credit, a benefit that boosts pay for low- to moderate-income workers through the tax system.
"I think the Earned Income Credit is by far the most useful tool to really minimize poverty in this country," he said. "It does not interfere with the market system, and it could be geared in various ways to reward work."
Trending: The secret weapon in billionaire investor portfolios that you almost certainly don't own yet. <a href="https://www.benzinga.com/money/masterworks">See which asset class has outpaced the S&amp;P 500 (1995-2024) – and with near-zero correlation.</a>
His logic was simple: if someone's working a full-time job, they shouldn't be living in poverty. The EITC, he believed, was the best way to ensure they wouldn't — without putting pressure on employers to solve it alone.
"You want people to feel good about what they do in life," Buffett said. A "reasonable job," paired with a substantial tax credit, was the combination he backed.
He also pointed out that economic mobility doesn't start in adulthood. According to him, it starts in preschool. "In many cases, people don't have a fair shot by the time they're four or five years old."
At the time, he called <a href="https://www.benzinga.com/startups/25/01/43101102/elon-musk-the-richest-man-in-the-world-is-estimated-to-earn-over-23-million-every-single-hour-of-the-day-heres-how-hes-spending-it">the wealth imbalance</a> "out of whack." While the Forbes 400 had seen their collective net worth surge by 2,300% since the 1980s, Buffett noted that the bottom 20% of Americans had barely seen income grow at all — less than 1%.
"You expect unequal results in a market economy, <a href="https://www.benzinga.com/personal-finance/25/04/44659151/bill-and-melinda-gates-agreed-its-not-fair-we-have-so-much-wealth-and-say-their-money-opens-doors-most-people-will-never-get-through">very unequal</a>," he said. "But you really shouldn't have an economy with over $50,000 in GDP per person and have lots of people living in poverty who are willing to work. I mean, that does not make sense."&nbsp;
See Also: Hasbro, MGM, and Skechers trust this AI marketing firm — <a href="https://www.benzinga.com/money/rad-intel">invest pre-IPO from $0.60 per share now</a>.
A decade later, it still doesn't. GDP per capita is pushing $90,000 and yet, the bottom half of Americans still hold just 2.5% of the country's wealth.
Despite the passage of time, the central issue Buffett laid out remains largely untouched. The tax credit he described as "by far the most useful tool" continues to fly under the radar, while the structural problems he highlighted — from wages to early childhood gaps — still show up in headlines and household budgets.
The nightmare didn't disappear. If anything, people just stopped calling it that out loud.
Read Next:
<ul>
<li>With high-demand properties in the Midwest, Bam Capital has delivered 2.46x equity multiples in just over 3 years. No losses. No missed payments. <a href="https://www.benzinga.com/money/investing-in-the-midwest-why-multifamily-real-estate-is-a-winning-strategy">Learn more about becoming an investor today</a>. </li>
<li>Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/mode-mobile-2">with $1,000 you can invest at just $0.26/share!</a></li>
</ul>
Image: Shutterstock

Warren Buffett Says Millions Are Trapped Living An 'American Nightmare' — But Proposes A Tool 'Far More Useful' Than Raising Minimum Wage

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

KWESW

First Citizens BancShares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FCNCA#NASDAQ">FCNCA</a>) has outperformed the market over the past 5 years by 24.63% on an annualized basis producing an average annual return of 37.56%. Currently, First Citizens BancShares has a market capitalization of $23.47 billion. 
Buying $1000 In FCNCA: If an investor had bought $1000 of FCNCA stock 5 years ago, it would be worth $5,185.91 today based on a price of $1734.53 for FCNCA at the time of writing.
<h3>First Citizens BancShares's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1745364614_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

FCNCA

$1000 Invested In This Stock 5 Years Ago Would Be Worth This Much Today

Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares are climbing in after-hours trading Tuesday despite the missing earnings estimates for the first quarter. CEO Elon Musk boosted investor sentiment with some announcements during the company&#8217;s conference call <a href="https://www.benzinga.com/news/earnings/25/04/44937440/tesla-q1-misses-estimates-as-tariff-pressures-weigh-on-outlook-lower-cost-evs-still-on-track">following the print. </a>
What To Know: Tesla reported first-quarter revenue of $19.34 billion, missing a Street consensus estimate of $21.35 billion, according to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>. 
Tesla&#8217;s first-quarter earnings were 27 cents per share, down 40% year-over-year and missing a Street consensus estimate of 31 cents per share.
Read Next:<a href="https://www.benzinga.com/general/health-care/25/04/44869920/unitedhealth-ceo-says-high-cost-of-us-health-care-simply-not-sustainable"> UnitedHealth CEO Says High Cost Of US Health Care &#8216;Simply Not Sustainable&#8217;</a>
Benzinga users correctly predicted Tesla would miss consensus estimates in the first quarter in a poll conducted before the print.
The poll results were:
<ul>
<li>Miss: 68%</li>
<li>Beat: 19%</li>
<li>Inline: 11%</li>
</ul>
Benzinga Pro users also predicted some major announcements from Musk on the earnings call, including a reduction in the CEO&#8217;s time spent working at the Department of Government Efficiency. 
User PrudentOpportunity29 posted a prediction in the Benzinga Pro Lounge at 4:05 p.m. ET that Musk would announce an exit from DOGE and would pump the Robotaxi approval. 
The user was on point with both statements: Musk announced he will be spending far less time at DOGE beginning next month and the Austin robotaxi launch remains on schedule for June 2025.
TSLA Price Action: According to data from Benzinga Pro, Tesla stock was up 5.62% at $51.35 after-hours at the time of publication Tuesday.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/25/04/44903087/amazon-stock-downgraded-price-target-slashed-as-tariffs-create-uncertainty">Amazon Stock Downgraded, Price Target Slashed As Tariffs Create Uncertainty&nbsp;</a></li>
</ul>
Photo: Shutterstock

Management

After-Hours Center

Benzinga Readers' Predictions For Tesla Q1 Earnings Results, Musk's Announcements

Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) has outperformed the market over the past 15 years by 5.39% on an annualized basis producing an average annual return of 15.8%. Currently, Advanced Micro Devices has a market capitalization of $143.62 billion. 
Buying $100 In AMD: If an investor had bought $100 of AMD stock 15 years ago, it would be worth $900.42 today based on a price of $88.40 for AMD at the time of writing.
<h3>Advanced Micro Devices's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1745363719_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In Advanced Micro Devices 15 Years Ago Would Be Worth This Much Today

U.S. health officials announced Tuesday that the Food and Drug Administration will phase out petroleum-based synthetic food dyes by the end of 2026 in a major shift for <a href="https://www.benzinga.com/government/regulations/25/01/43011207/fda-bans-red-dye-no-3-effective-january-2027-cites-cancer-risks-food-stocks-to-watch">the nation's food industry.</a>
"For the last 50 years, we have been running one of the largest uncontrolled scientific experiments in the world on our nation's children without their consent," FDA Commissioner Marty Makary said at a news conference.
Read Next: <a href="https://www.benzinga.com/25/04/44935272/tesla-reports-q1-after-the-bell-68-expect-the-company-to-miss-analysts-estimates">Will Tesla Beat The Street? 68% Expect Something Markets May Not Be Ready For</a>
Artificial color additives such as Red 40, Yellow 5 and Blue 1 are used to give products like cereals, chips and sports drinks their vivid colors, but concerns about their safety have been growing for years. Health advocates have cited research linking these dyes to hyperactivity and other neurobehavioral issues in children, though the FDA maintains most children do not experience adverse effects from consuming them.
The new regulations will require major food manufacturers like PepsiCo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>) and Coca-Cola Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) to reformulate products and transition to natural color alternatives. 
Industry representatives have argued that there is insufficient evidence to justify a ban, but the FDA is moving forward with a national standard and clear timeline for the transition.
The eight synthetic dyes targeted for elimination include Red No. 40, Red No. 3, Yellow No. 5, Yellow No. 6, Blue No. 1, Blue No. 2, Green No. 3, and possibly Orange B or Citrus Red No. 2. Red No. 3, already linked to cancer in laboratory animals, was previously scheduled for a federal ban by January 2027.&nbsp;
The FDA is also expected to authorize additional natural color additives and accelerate the review of others to support the industry's transition.
"For companies that are currently using petroleum-based red dye, try watermelon juice or beet juice. For companies currently combining petroleum-based yellow chemical and red dyes together, try carrot juice," Makary said. 
Health and Human Services Secretary Robert F. Kennedy Jr., who oversees the FDA, has made eliminating artificial dyes a priority, citing the need to address chronic disease and improve children's health as part of his "Make America Healthy Again" campaign.
"We are betraying our children by letting these industries poison them,&#8221; Kennedy said at a Trump campaign rally in November 2024.&nbsp;
General Mills Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GIS#NYSE">GIS</a>) may have seen the ban coming as the mega-manufacturer of processed foods released a statement last November after President Donald Trump announced Kennedy as his choice for the position  
&#8220;Because this is always an evolving space, we work in close partnership with policymakers on this issue,&#8221; General Mills said in the statement. &#8220;We will engage with federal regulators as they consider any additional changes they may propose.&#8221;
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/25/04/44903087/amazon-stock-downgraded-price-target-slashed-as-tariffs-create-uncertainty">Amazon Stock Downgraded, Price Target Slashed As Tariffs Create Uncertainty&nbsp;</a></li>
</ul>
Photo: Shutterstock

Regulations

RFK Jr. Will Phase Out Artificial Food Dyes By End Of 2026: What It Means For Pepsi, Coca-Cola, General Mills

Guy Fieri isn't handing out slices of his Flavortown fortune without a side of hard work and higher education.
In a <a href="https://www.foxnews.com/video/6342922469112">2023 interview with Fox News Digital</a>, the Food Network star made it clear that his sons won't be cruising into generational wealth just because dad built a nine-figure empire. "I told them the same thing my dad told me," Fieri said. "‘When I die, you can expect that I am going to die broke and you're going to be paying for the funeral.' And I told my boys, none of this that I've been building are you going to get, unless you come and take it from me."
Don't Miss:
<ul>
<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!</a></li>
<li><a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.</li>
</ul>
At 57, Fieri has built one of the most successful brands in food television history — from "Diners, Drive-Ins and Dives" to multi-million-dollar endorsement deals and restaurant chains. His estimated net worth in 2025 sits at $100 million. But his kids? They're on their own unless they bring more than just good taste to the table.
And in true Guy fashion, he's borrowing a quote from another larger-than-life personality: Shaquille O'Neal.
"My son is a senior in high school getting ready to graduate," Fieri told Fox. "And he's like, ‘Dad, this is so unfair. I haven't even gone to college yet and you're already pushing that I gotta get an MBA.' He says, ‘Can I just get through college?' And I'm like — hey, Shaq said it best. Shaq said it about his kids one time, ‘If you want any of this cheese, <a href="https://www.benzinga.com/personal-finance/24/08/40658562/nba-legend-shaq-tells-his-kids-in-order-to-get-my-cheese-you-have-to-present-me-with-two-degrees">you got to get two degrees</a>.' Well, my two degrees mean postgraduate. So they're on their way."
Trending: The secret weapon in billionaire investor portfolios that you almost certainly don't own yet. <a href="https://www.benzinga.com/money/masterworks">See which asset class has outpaced the S&amp;P 500 (1995-2024) – and with near-zero correlation.</a>
Shaq, now 53, has said in multiple interviews that his children won't see a dime unless they bring him at least two college degrees, and sometimes he raises the bar to three. "We ain't rich — I'm rich," <a href="https://www.benzinga.com/personal-finance/24/09/40943843/we-aint-rich-im-rich-nba-legend-shaq-says-his-daughters-and-sons-dont-get-equal-treatment-my-boy">he famously told them</a>. And in 2025, it's clear more celebrity parents are taking the same stance.
Fieri's nephew is studying entertainment law, aiming to become a big-time agent. His older son, Hunter, is working toward his MBA. Meanwhile, his younger son, Ryder, has already been warned: this won't be a free ride.
The approach reflects a generational shift — or maybe a generational speed bump. While millennials and Gen Z are <a href="https://www.benzinga.com/personal-finance/financial-advisors/24/10/41418601/great-wealth-transfer-poses-both-risks-and-opportunities-for-financial-adviso">poised to inherit as much as $84 trillion</a> over the coming decades in what's being called the "Great Wealth Transfer," not all parents are writing blank checks. Instead, some are setting conditions, demanding proof of ambition, education, or real-world hustle before they pass the torch (or the trust).
See Also: Hasbro, MGM, and Skechers trust this AI marketing firm — <a href="https://www.benzinga.com/money/rad-intel">invest pre-IPO from $0.60 per share now</a>.
For Fieri, the goal isn't to be cold — it's to prepare. "You've got to go stake your claim and go figure out what you're going to do," he said. His message to his kids is simple: the money's real, but so is the expectation.
In an age where "nepo baby" talk dominates headlines, Fieri and Shaq are flipping the script. The cheese may be in the fridge — but the door only opens if you bring degrees.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/money/investing-in-the-midwest-why-multifamily-real-estate-is-a-winning-strategy">This investment company boasts a 33.85% internal rate of return (IRR) for its realized projects, allowing accredited investors to earn passive returns and avoid the headaches of being a landlord.</a></li>
<li>Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/mode-mobile-2">with $1,000 you can invest at just $0.26/share!</a></li>
</ul>
Image: Shutterstock

Food Network Star Guy Fieri's $100 Million Fortune Comes With Shaq-Inspired Rule For His Sons: 'If You Want This Cheese, You Got to Get Two Degrees'

Press Releases

Protara Announces Pricing of $100 Million Public Offering

Protara Announces Closing of $100 Million Public Offering

Protara Therapeutics to Present at the 43rd Annual J.P. Morgan Healthcare Conference

Protara Highlights Recent Updates and Anticipated 2025 Milestones

Protara Therapeutics to Present at the Oppenheimer 35th Annual Healthcare Life Sciences Conference

Protara Therapeutics to Present at the TD Cowen 45th Annual Health Care Conference

Protara Therapeutics Announces Fourth Quarter and Full Year 2024 Financial Results and Provides a Business Update

Health Care

Protara Therapeutics Announces Encore Presentation of Results from THRIVE-1 Prospective Observational Study Evaluating the Prevalence of Choline Deficiency and Liver Injury in Patients Dependent on Parenteral Support

Protara Therapeutics to Present Interim Analysis from the Phase 2 ADVANCED-2 Trial of TARA-002 in Patients with NMIBC at the American Urological Association Annual Meeting

Comments

Protara Therapeutics

Notizie

Ultime notizie per Protara Therapeutics (NASDAQ:TARA) Azioni

Le persone guardano anche

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO