Ultime notizie per thyssenkrupp (OTC:TKAMY) Azioni

thyssenkrupp AG is a diversified industrial group with steel operations and capital goods and services businesses. Its segment includes Materials Services, Decarbon Technologies, Automative Technology, Steel Europe, Marine System. Automotive Technology is one of the German supplier and engineering partners to the international automotive industry. Decarbon Technologies covers the businesses of Rothe Erde, Uhde, Polysius and the majority investment thyssenkrupp nucera. Material Services includes distribution of mill-independent materials distributors and service. Steel Europe concentrates on the market for high-quality flat carbon steel. Marine Systems is a supplier for submarine and surface vessel construction. Revenue from Materials Services.

thyssenkrupp AG

Stellantis NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>), the parent company of brands like Dodge and Jeep, has appointed Antonio Filosa as the new chief executive officer.
What Happened: Filosa, who currently serves as the COO of the Americas, as well as the Chief Quality Officer, will step in as the new CEO from June 23, 2025, the company shared in an official statement on Wednesday.
Filosa is a 25-year veteran at Stellantis and has served in various key positions for the company in the past, including a stint as the CEO of Jeep as well as the COO of Stellantis in South America. Filosa, once assuming the CEO chair, would also announce the new Stellantis leadership team, the statement said.
"Antonio's deep understanding of our Company, including its people who he views as our core strength, and of our industry equip him perfectly for the role of Chief Executive Officer in this next and crucial phase of Stellantis' development," Stellantis Executive Chairman John Elkann said in the statement.
Why It Matters: Filosa's ascension to the CEO position comes in as Stellantis is facing the threat of U.S. President Donald Trump's <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45585283/trump-tariff-threat-hits-europe-stocks-sink-as-50-duties-loom">tariffs on the EU</a>. Trump's threats led to Stellantis<a href="https://www.benzinga.com/news/25/05/45589460/stellantis-stla-shares-slide-on-trump-tariff-threat-against-eu-imports"> stock falling 3.6%</a>. The tariffs could impact Stellantis&#8217; competitiveness in the U.S. automotive industry.
Stellantis had earlier announced plans to <a href="https://www.benzinga.com/markets/25/05/45133236/chrysler-jeep-owner-stellantis-to-move-some-auto-production-into-the-us-to-avoid-tariffs">move some production</a> away from Mexico to Michigan to offset the uncertainty posed by the automotive tariffs from the Trump regime. The company had also pulled its earnings guidance for 2025.
Stellantis, along with General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) and Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), had also criticized Trump's<a href="https://www.benzinga.com/25/05/45314561/trumps-uk-trade-deal-draws-criticism-from-ford-gm-stellantis-this-hurts-american-automakers-suppliers-and-auto-workers"> UK trade agreement</a>, citing concerns over the deal's impact on the U.S. auto industry.
Price Action: STLA currently trades for $10.48 on the NYSE, according to<a href="https://pro.benzinga.com/dashboard"> Benzinga Pro data</a>.
Check out more of Benzinga'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/tech/25/04/45061846/stellantis-announces-breakthrough-solid-state-battery-with-factorial-energy-company-says-technology-will-debut-in-2026-demo-fleet">Stellantis Announces Breakthrough Solid-State Battery With Factorial Energy, Company Says Technology Will Debut In 2026 Demo Fleet</a></li>
</ul>
Photo courtesy: rikstock / Shutterstock.com

News

Eurozone

Markets

STLA

Stellantis Names Antonio Filosa CEO Amid Uncertainty Over Trump's 50% EU Tariff Threat

Billionaire investor Ray Dalio says today's markets demand two disciplines above all: "Step back and see the bigger picture" and "have a game plan for it.&#8221;
What Happened: In a video posted on X and LinkedIn this week, the Bridgewater Associates chairman warned that reacting to every market headline "is not going to be good," urging savers to build a portfolio that can ride out shocks without "being banged around by all of these changes."
<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">When it comes to understanding markets, you need to step back and see the bigger picture. That's why it's so important to have a <a href="https://twitter.com/hashtag/gameplan?src=hash&amp;ref_src=twsrc%5Etfw">#gameplan</a> for investing and long-term financial investments.<a href="https://twitter.com/hashtag/raydalio?src=hash&amp;ref_src=twsrc%5Etfw">#raydalio</a> <a href="https://twitter.com/hashtag/principles?src=hash&amp;ref_src=twsrc%5Etfw">#principles</a> <a href="https://twitter.com/hashtag/politics?src=hash&amp;ref_src=twsrc%5Etfw">#politics</a> <a href="https://twitter.com/hashtag/Economics?src=hash&amp;ref_src=twsrc%5Etfw">#Economics</a> <a href="https://t.co/cWeBZs9Ynq">pic.twitter.com/cWeBZs9Ynq</a>
&mdash; Ray Dalio (@RayDalio) <a href="https://twitter.com/RayDalio/status/1927412895626776900?ref_src=twsrc%5Etfw">May 27, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
"Don't get hung up in the day-to-day every day… you're being dragged along with that," Dalio said, adding that constant news-feed trading "drags you away from what really matters." The 74-year-old investor argued that economic cycles, debt buildups and geopolitical tensions matter more than single data points — a theme he explored in his book titled Principles for Dealing With the Changing World Order.
See also: <a href="https://www.benzinga.com/25/05/45637914/jurrien-timmer-says-cyclical-bull-market-likely-over-in-feb-2025-expects-rangebound-scenario-modest-bear-market-is-now-underway">Jurrien Timmer Says Cyclical Bull Market Likely Over In Feb 2025, Expects Rangebound Scenario: &#8216;Modest Bear Market Is Now Underway&#8217;</a>
Dalio's second rule is to craft "a game plan … even for what you don't know," built around ample cash reserves and broad diversification so "I don't have to react to the moment." Dalio warned last week that the U.S. faces a "very, very serious" <a href="https://www.benzinga.com/25/05/45579959/ray-dalio-warns-investors-to-be-afraid-of-the-bond-market-says-americas-debt-spiral-is-very-serious">debt spiral</a> and told investors to "be afraid of the bond market," highlighting why preparation matters.
Why It Matters: Independent reconstructions peg the core mix of Dalio&#8217;s &#8216;All-Weather&#8217; portfolio at 30% equities, 40% long-term U.S. Treasurys, 15% intermediate Treasurys, 7.5% gold and 7.5% other commodities. Last month, Bridgewater teamed with State Street to <a href="https://www.benzinga.com/markets/equities/25/04/44602765/ray-dalios-bridgewater-launches-all-weather-etf-bringing-decades-old-investment-strategy-to-the-public?utm_source=chatgpt.com">launch</a> the SPDR Bridgewater All Weather ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALLW#NASDAQ">ALLW</a>), bringing the once-exclusive strategy to retail investors.
According to an analysis by Curvo, Dalio&#8217;s &#8216;All-Weather&#8217; playbook significantly outperformed a classic 60-40 stock-bond portfolio during the 2000 tech bust and the 2008 financial crisis, though it lagged in the roaring 2010s bull market.
Image via Shutterstock
Read next: <a href="https://www.benzinga.com/25/05/45637935/florida-to-embrace-gold-and-silver-as-real-currency-amid-wavering-dollar-confidence">Ron DeSantis Signs Law Allowing Gold, Silver For Transactions In Florida, Citing &#8216;Declining Dollar&#8217; Concerns</a>

Financial Advisors

General

ALLW

Ray Dalio Says You Need A 'Gameplan' For Investments — What Is The Billionaire Hedge Fund Manager's 'All Weather' Portfolio?

<ul>
<li>Company initiates pre-arranged restructuring process in the United States to effectuate agreements including approximately US$1.6 billion in debtor-in-possession financing.</li>
<li>Agreements to secure exit financing structure, including up to US$950 million in equity investments, enabling an accelerated path to emergence, a significant step in positioning Azul as a long-term industry leader in the region.</li>
<li>Operations and sales continue as usual, honoring all tickets, loyalty points, and Customer benefits, safely connecting Brazil with Azul's industry-leading Customer service.</li>
</ul>

AZUL

Azul Launches U.S. Chapter 11 Restructuring With $1.6B Debtor-in-Possession Financing To Strengthen Capital Structure

HC Wainwright &amp; Co. analyst Scott Buck reiterates Yatra Online (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YTRA#NASDAQ">YTRA</a>) with a Buy and maintains $3 price target.

Price Target

Reiteration

Analyst Ratings

YTRA

HC Wainwright & Co. Reiterates Buy on Yatra Online, Maintains $3 Price Target

ALVO

Alvotech And Advanz Pharma Announced That The Companies Have Entered Into An Agreement To Expand Their Commercial Partnership To Cover Three Additional Biosimilar Candidates

WestPark Capital analyst Curtis Shauger reiterates Salesforce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) with a Buy and maintains $320 price target.

WestPark Capital Reiterates Buy on Salesforce, Maintains $320 Price Target

U.S. stock futures were trading below the flatline on Wednesday after rallying on Tuesday. Futures of major benchmark indices declined in premarket.
Investors will eye the technology bellwether Nvidia Corp.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) first-quarter earnings, which will be announced after the market closes.
The S&amp;P 500 broke a four-day losing streak on Tuesday as the markets opened after a long weekend following Memorial Day. The stocks got a boost from President Donald Trump&#8216;s <a href="https://www.benzinga.com/25/05/45603240/trump-agrees-to-extend-50-tariffs-on-europe-until-july-9-it-was-my-privilege-to-do-so">extension of the 50% tariffs</a> on Sunday till July 9th, which he had initially announced on Friday.
Meanwhile, the 10-year Treasury bond yielded 4.47% and the two-year bond was at 3.96%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>&#8216;s projections show markets pricing a 97.9% likelihood of the Federal Reserve keeping the current interest rates unchanged in its June meeting. 
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.25%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.22%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-0.20%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.39%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, fell in premarket on Wednesday. The SPY was down 0.25% to $589.65, while the QQQ declined 0.22% to $520.09, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From Last Session:
U.S. stocks settled higher Tuesday, with information technology, consumer discretionary, and communication services leading gains across all S&amp;P 500 sectors.
In corporate news, AutoZone Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) reported weaker third-quarter earnings, while E2open Parent Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETWO#NYSE">ETWO</a>) surged 25% on news of a $2.1 billion acquisition by WiseTech Global.
On the economic front, March&#8217;s S&amp;P CoreLogic Case-Shiller Home Price Index rose 4.1% year-over-year, and new manufactured goods orders dipped 6.3% in April.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>2.47%</td>
<td>19,199.16</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>2.50%</td>
<td>5,921.54</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>1.78%</td>
<td>42,343.65</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2.48%</td>
<td>2,090.40</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Jurrien Timmer, the director of global macro at Fidelity Investments, explained in his note that the <a href="https://www.benzinga.com/25/05/45637914/jurrien-timmer-says-cyclical-bull-market-likely-over-in-feb-2025-expects-rangebound-scenario-modest-bear-market-is-now-underway">market was rangebound</a> and lower and upper boundaries for the market have been set. 
He highlighted that stocks were down 20% and they have recovered since, "That suggests that while the lower boundary for this market correction may have been established, so has the upper boundary."
"All this puts me firmly in the trading range camp in terms of what the next 6-12 months will bring. I suspect that this range might be defined by the April low of 4835 as the lower boundary, and the recent highs of 6000 as the upper boundary," he explained.
If Timmer&#8217;s range-bound market forecast holds, the cyclical bull market that began in October 2022 likely concluded in February 2025, after 30 months.
He added that "a new modest bear market is now underway," saying, "Bear markets consist of both a price and time element, and if this one lasts 6-12 months it would meet both conditions."
Meanwhile, Fabio Bassi, JPMorgan&#8217;s head of cross-asset strategy, also told CNBC that the S&amp;P 500 could &#8220;remain rangebound, with limited short-term upside.&#8221; &#8212; <a href="https://www.cnbc.com/2025/05/27/dont-expect-the-market-to-go-anywhere-this-summer-says-jpmorgan.html" title="https://www.cnbc.com/2025/05/27/dont-expect-the-market-to-go-anywhere-this-summer-says-jpmorgan.html">https://www.cnbc.com/2025/05/27/dont-expect-the-market-to-go-anywhere-this-summer-says-jpmorgan.html</a>
&#8220;The rally to our bull case scenario of 5,800 for S&amp;P 500 has played out, but from here we expect a consolidation and range-bound dynamic," Bassi explained.
Meanwhile, Ed Yardeni said in his note that &#8220;The widely feared global sovereign debt crisis has been postponed for another day.&#8221;
The yields on super-long Japanese government bonds (JGBs) fell sharply on Tuesday after Reuters reported that the country&#8217;s finance ministry might issue fewer of these bonds.
He explained that this &#8220;helped to bring down the US 10-year Treasury yield from 4.51% on Friday to 4.46% (On Tuesday).&#8221;
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures</a>
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on Wednesday:
<ul class="wp-block-list">
<li>Minneapolis Fed President Neel Kashkari will speak in Tokyo again at 4:00 a.m., and minutes of the Fed&#8217;s May FOMC meeting will be out by 2:00 p.m. ET.</li>
</ul>
Stocks In Focus:
<ul class="wp-block-list">
<li>DICK&#8217;S Sporting Goods Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>) fell 0.63% in premarket on Wednesday as analysts expect it to report quarterly earnings of $4.34 per share on revenue of $3.59 billion, before the opening bell.</li>
<li>Abercrombie &amp; Fitch Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANF#NYSE">ANF</a>) was up 0.51% ahead of its earnings, which are supposed to be released before the opening bell. Analysts expect earnings of $1.40 per share on revenue of $1.08 billion.</li>
<li>NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) was 0.044% above the flatline as analysts expect it to report quarterly earnings of 88 cents per share on revenue of $43.54 billion, after the closing bell.</li>
<li>HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) advanced 0.39% ahead of its earnings, which are supposed to be released after the closing bell. Analysts expect earnings of 80 cents per share on revenue of $13.15 billion.</li>
<li>Box Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOX#NYSE">BOX</a>) surged 11.48% after posting better-than-expected first-quarter results and raised its FY2026 guidance after Tuesday's closing bell.</li>
<li>Macy&#8217;s Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/M#NYSE">M</a>) was 1.08% higher as analysts expect it to report quarterly earnings of 15 cents per share on revenue of $4.43 billion, before the opening bell.</li>
<li>Travelers Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>) was 0.14% lower after it signed a definitive agreement to sell the personal insurance business and the majority of the commercial insurance business of Travelers Canada to Definity Financial Corporation.</li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading higher in the early New York session by 0.77% to hover around $61.36 per barrel.
Gold Spot US Dollar rose 0.67% to hover around $3,322.61 per ounce. Its last record high stood at $3,500.33 per ounce. The U.S. Dollar Index spot was higher by 0.01% at the 99.5330 level.
Asian markets closed lower on Wednesday except South Korea's Kospi index. China&#8217;s CSI 300, India's S&amp;P BSE Sensex, Japan's Nikkei 225, Australia's ASX 200, and Hong Kong's Hang Seng indices fell. European markets were also lower in early trade.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/general/market-summary/25/05/45635906/sp-500s-expensive-valuation-combined-with-all-time-high-household-holdings-a-look-at-where-us-stock-market-stands">S&amp;P 500&#8217;s Expensive Valuation Combined With All-Time High Household Holdings: A Look At Where US Stock Market Stands </a></li>
</ul>
Photo courtesy: godongphoto / Shutterstock.com

Equities

Market Summary

Futures

Economics

Pre-Market Outlook

ETWO

NVDA

US Stocks Likely To Open Lower Ahead Of Nvidia's Q1 Earnings: 'A New Modest Bear Market Is Now Underway,' Says Expert

Donald Trump Jr., the eldest son of U.S. President&nbsp;Donald Trump, disclosed how he and his brother,&nbsp;Eric Trump, influenced their father&#8217;s views on&nbsp;Bitcoin&nbsp;(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and cryptocurrency.
What Happened: &nbsp;Speaking at the Bitcoin 2025 conference&nbsp;in Las Vegas on Tuesday,&nbsp;Trump Jr. revealed that the Trump family&#8217;s experience with widespread de-banking during Trump&#8217;s first presidential term led them to explore blockchain technology.
&#8220;We&nbsp;were real estate guys, we&nbsp;were hard assets, we built&nbsp;buildings — [bitcoin] was a&nbsp;bit nebulous,&#8221; Trump Jr. said. &#8220;But&nbsp;once we got into that&nbsp;political sector…we were getting de-banked,&nbsp;we were getting de-insured, we&nbsp;were getting de-everything. It was&nbsp;brutal.&#8221;
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
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<iframe loading="lazy" title="Donald Trump Jr. Talks Bitcoin, Rumble, and Free Speech Fight &#x7C; Bitcoin 2025" width="500" height="281" src="https://www.youtube.com/embed/R0zI1Y_mq1g?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
On being asked by Rumble CEO Chris Pavlovski during the conference, &#8220;Did you Orange-Pill your dad?&#8221;, Trump Jr. replied. that he and Eric &#8220;..did some of that&#8221;. 
He explained how both of them were instrumental in helping their father—who had once called Bitcoin a scam—recognize the potential of cryptocurrency and blockchain technology.
&#8220;We&nbsp;probably, maybe got there a&nbsp;little bit before him. Once&nbsp;we started explaining the potential,&nbsp;he's a quick study …&nbsp;he got there pretty quickly,&#8221; Trump Jr. said.
Trump Jr. also mentioned his father&#8217;s commitment to the democratization of finance, stating that it is a fundamental goal of the Trump administration.
SEE ALSO:&nbsp;<a href="https://benzinga.com/trading-ideas/movers/25/05/45635733/bitcoin-ethereum-dogecoin-gain-after-trump-medias-planned-btc-investment-consumer-optimism-analyst-says-this-large-crypto-is-best-play-in-base-portfolio-at-the-moment" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum, Dogecoin Gain After Trump Media&#8217;s Planned BTC Investment, Consumer Optimism: Analyst Says This Large Crypto Is &#8216;Best Play&#8217; In Base Portfolio At The Moment &#8211; Grayscale Bitcoin Mini T</a>
Why It Matters: Trump Jr.&#8217;s revelation comes after he <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45635335/donald-trump-jr-says-we-are-seriously-long-bitcoin-and-after-tmtg-reveals-treasury-strategy">announced </a>that the&nbsp;Trump Organization is &#8220;seriously long&#8221; on Bitcoin&nbsp;following the Trump Media &amp; Technology Group&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) decision to raise $2.5 billion to invest in the leading cryptocurrency. This shift in the Trump family&#8217;s stance on Bitcoin is a significant development in the cryptocurrency space.
Trump's return to office has sparked renewed efforts to advance crypto legislation and shift away from the &#8220;regulation-by-enforcement&#8221; approach. President Trump&#8217;s crypto and AI advisor,&nbsp;David Sacks, <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45635887/trumps-crypto-advisor-about-us-plans-on-buying-more-bitcoin-it-all-boils-down-to">revealed </a>that the path to acquiring Bitcoin for the strategic reserve is ready and it&#8217;s just a matter of getting the relevant executive departments &#8220;excited.&#8221; 
Meanwhile, the Trump family's crypto projects, such as the Official TRUMP memecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>) and World Liberty Financial, have faced <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45579297/peter-schiff-says-a-president-shouldnt-sell-white-house-tours-and-pocket-the-proceeds-as-trump-prepares-to-have-dinner-with-memecoin-holders">criticism </a>for a lack of transparency and potential conflicts of interest. Economist Peter Schiff criticized the President&#8217;s recent exclusive dinner with holders of his meme coin, stating that it should be &#8220;illegal&#8221; for a U.S. president to charge people to dine with him.
<ul class="wp-block-list">
<li>READ MORE:&nbsp;<a href="https://benzinga.com/personal-finance/25/05/45611852/social-security-set-to-make-history-by-crossing-2000-barrier-for-first-time-but-seniors-still-lo" target="_blank" rel="noreferrer noopener">Social Security Set To Make History By Crossing $2,000 Barrier For First Time, But Seniors Still Losing Ground To Inflation</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.

$BTC

$TRUMP

Donald Trump Jr. Reveals How Getting 'De-Banked,' 'De-Insured' Led Him And Eric Trump To 'Orange Pill' Their Father On Crypto

<ul>
<li>Beta-CORRECT study to be presented at ASCO 2025 confirms the clinical utility of the molecular residual disease (MRD) test, Oncodetect, for recurrence monitoring in stage II–IV colorectal cancer.</li>
<li>Whole-genome Oncodetect test powered by MAESTRO to launch in 2026 with ultra-low limit of detection.</li>
</ul>

Health Care

EXAS

Exact Sciences Announced New Data To Be Presented From The Beta-CORRECT Clinical Validation Study At The 2025 American Society Of Clinical Oncology Annual Meeting

<a href="https://www.wsj.com/business/tinder-ceo-iosotaluno-to-step-down-match-group-ceo-rascoff-to-be-successor-8204c133?mod=Searchresults_pos1&amp;page=1" title="https://www.wsj.com/business/tinder-ceo-iosotaluno-to-step-down-match-group-ceo-rascoff-to-be-successor-8204c133?mod=Searchresults_pos1&amp;page=1">https://www.wsj.com/business/tinder-ceo-iosotaluno-to-step-down-match-group-ceo-rascoff-to-be-successor-8204c133?mod=Searchresults_pos1&amp;page=1</a>

Management

MTCH

The Wall Street Journal Reported Match Group CEO Spencer Rascoff Outlines New Tinder Strategy Focused on User Experience Over Short-Term Revenue; Says Users Want Better Matches, Not More

The Travelers Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>), on Tuesday, entered into a definitive agreement to divest its personal insurance and most of its commercial insurance operations in Canada to Definity Financial Corporation (DFY) <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/b45630828/travelers-to-sell-its-canadian-personal-insurance-business-and-majority-of-its-canadian-commercial" rel="noreferrer noopener">for around $2.4 billion</a>.
The deal, valued at 1.8x book value after accounting for $0.8 billion in excess capital being repatriated tax-efficiently, allows Travelers to retain its leading Canadian surety business.
The transaction is expected to close in the first quarter of 2026, pending regulatory approvals and customary conditions.
Also Read: <a href="https://www.benzinga.com//node/44837851">Travelers Tops Q1 Estimates On Strong Premium Growth, Profit Hit By Wildfire Losses</a>
Travelers plan to allocate around $0.7 billion of the net proceeds from the sale toward additional share repurchases in 2026, with the remaining funds reserved for ongoing operations and general corporate purposes.
The transaction, along with the buybacks, is expected to be slightly accretive to earnings per share over the next several years.
Travelers Chairman and CEO Alan Schnitzer stated that the evolution of the Canadian market made Definity a natural long-term owner for the business, and the transaction reflects Travelers&#8217; commitment to disciplined capital allocation and long-term value creation.
In April, Travelers reported first-quarter&nbsp;sales of&nbsp;$11.81 billion&nbsp;(+5% year over year), outpaced the analyst consensus estimate of&nbsp;$10.81 billion, and adjusted EPS of&nbsp;$1.91,&nbsp;beating <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44837851/travelers-tops-q1-estimates-on-strong-premium-growth-profit-hit-by-wildfire-losses" rel="noreferrer noopener">the street view of&nbsp;$0.80</a>.
Investors can gain exposure to the stock via&nbsp;Invesco KBW Property &amp; Casualty Insurance ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KBWP#NASDAQ">KBWP</a>) and Invesco KBW Property &amp; Casualty Insurance ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAK#NYSE">IAK</a>).
Price Action: TRV shares closed up 1.79% at $275.88 on Tuesday.
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&nbsp;
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