La catena delle opzioni mostra i dati chiave delle opzioni azionarie di Trinity Cap a vari prezzi di esercizio e date di scadenza. I trader utilizzano queste informazioni per analizzare potenziali operazioni e valutare il sentiment del mercato per Trinity Cap..

Trinity Cap (NASDAQ:TRIN) Azioni, Catena delle Opzioni

Trinity Cap

Trinity Capital Inc is a closed-end, non-diversified management investment company. The company is engaged in providing debt, including loans and equipment financings, to growth-stage companies, including venture-backed companies and companies with institutional equity investors. Its equipment financings involve loans for general or specific use, including acquiring equipment, secured by the equipment or other assets of the portfolio company.

Trinity Capital Inc

Trinity Capital Inc. - 7.875% Notes Due 2029

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Trinity Capital Inc. - 7.875% Notes due 2029

TRINEX MINERALS LTD by TRINEX MINERALS LTD.

Trinet Group Inc

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Trinity Biotech plc - American Depositary Shares

Trinity Biotech PLC

Trinity Exploration & Production PLC

Trinity Industries Inc

TRINITY PETE TRUST CBI by Trinity Petroleum Trust

Trinity Petroleum Trust

TRINITY PLACE HLDGS INC by Trinity Place Holdings Inc.

Trinity Place Holdings Inc

Trinseo PLC

Former President Joe Biden delivered a speech in Chicago on Tuesday, criticizing the Trump administration for its approach to Social Security without naming his successor, Donald Trump.
What Happened: Speaking to about 200 attendees at the Advocates, Counselors, and Representatives for the Disabled conference, Biden accused the administration of damaging the Social Security Administration by cutting jobs and services, <a href="https://www.politico.com/news/2025/04/15/biden-speech-donald-trump-00292450">reported</a> Politico.
&#8220;They're shooting first and aiming later,&#8221; said Biden. He said this was causing &#8220;a lot of needless pain and sleepless nights.&#8221;
Biden emphasized the importance of Social Security, calling it a &#8220;sacred promise,&#8221; and warned that the administration&#8217;s actions have endangered benefits for millions of seniors. His remarks coincided with the &#8220;Social Security Day of Action,&#8221; a protest against perceived threats to the program.
During the 30-minute speech, Biden shared personal stories from his upbringing and political career, using familiar phrases like &#8220;folks&#8221; and &#8220;I mean it sincerely.&#8221; The event marked his first major public appearance since leaving the White House and was held near a previous campaign fundraiser location.
Despite the White House dismissing his speech as &#8220;embarrassing,&#8221; Biden&#8217;s aides suggest he will continue to engage on issues like Social Security. House Minority Leader Hakeem Jeffries (D-N.Y.) emphasized the importance of Biden&#8217;s involvement in the fight against the administration&#8217;s policies.
The official Social Security X account accused Biden of &#8220;lying to Americans.&#8221; In a post on Tuesday, the Social Security Administration said, &#8220;President Trump has repeatedly promised to protect Social Security and ensure higher-take home pay for seniors by ending taxation on Social Security benefits.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Former President Joe Biden is lying to Americans. Here are the facts: 1&#xFE0F;&#x20E3;President Trump has repeatedly promised to protect Social Security and ensure higher-take home pay for seniors by ending taxation on Social Security benefits.
&mdash; Social Security (@SocialSecurity) <a href="https://twitter.com/SocialSecurity/status/1912275243927789976?ref_src=twsrc%5Etfw">April 15, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<figcaption class="wp-element-caption">In the thread, the administration said that none of the field offices had been closed and half of the technology staff had not been laid off. Attacking Biden further, the administration said that an Inspector General report released while Biden was president found $72 billion in &#8220;improper payments&#8221; from fiscal years 2015 through 2022.</figcaption></figure>
See Also: <a href="https://benzinga.com/markets/25/04/44706492/trump-predicts-tremendous-thundering-landslide-in-2026-midterms-says-tariffs-will-help-republicans-win-bi" target="_blank" rel="noreferrer noopener">Trump Predicts &#8216;Tremendous, Thundering Landslide&#8217; In 2026 Midterms, Says Tariffs Will Help Republicans Win Big</a>
Why It Matters:. Recent political discourse has heightened concerns about social security&#8217;s future. The establishment of the Department of Government Efficiency under the Trump administration has sparked anxiety among seniors. DOGE, tasked with cost-cutting, has led to <a href="https://www.benzinga.com/25/04/44775706/when-i-hear-our-politicians-say-were-not-gonna-touch-social-security-i-dont-believe-them-seniors-are-worried-about-doge-changes">significant job cuts and reorganization</a> within the federal government.
Additionally, recent updates to Social Security rules, effective April 2025, are reshaping benefits for millions. These changes <a href="https://www.benzinga.com/personal-finance/25/04/44682363/aprils-social-security-changes-how-new-rules-could-affect-your-check">include larger checks</a> and new identification requirements, impacting retirees, survivors, and those on spousal benefits. 
Separately, House Speaker Mike Johnson (R-La.) has advocated for stricter Medicaid eligibility, emphasizing the need to <a href="https://www.benzinga.com/general/health-care/25/04/44783620/speaker-mike-johnson-says-us-must-eliminate-people-on-medicaid-who-are-not-actually-eligible-to-be-there">remove ineligible individuals</a> from the program. This stance aligns with broader Republican efforts to reduce federal spending while safeguarding entitlement programs for qualified recipients. 
Photo Courtesy: OogImages On Shutterstock.com
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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>

News

Politics

General

Joe Biden Calls Social Security A 'Sacred Promise,' Slams Trump Administration's Efforts To Damage The Program: 'They're Shooting First And Aiming Later'

President Donald Trump plans to appoint Gary Shapley as the acting commissioner of the Internal Revenue Service, according to a report. 
What Happened: Shapley provided whistleblower testimony to Republicans, claiming partisan bias hindered the investigation of President Joe Biden&#8217;s son, Hunter Biden. His appointment follows the resignation of the former commissioner, who opposed a data-sharing agreement with the Homeland Security Department. The IRS and the White House have not yet commented on Shapley&#8217;s expected elevation, <a href="https://edition.cnn.com/2025/04/15/politics/acting-irs-commissioner-hunter-biden-whistleblower-gary-shapley/index.html">reported</a> CNN.
A Treasury spokesperson praised Shapely for his &#8220;honesty and devotion,&#8221; and said, &#8220;He'll be a great asset to the IRS as we rethink and reform this crucial organization,&#8221; according to the report.
Shapley&#8217;s rise is notable, as he went public in 2023 with allegations that the Justice Department <a href="https://www.benzinga.com/news/23/07/33297231/irs-whistleblowers-accuse-doj-of-interference-in-hunter-biden-probe-the-us-attorney-was-constantly-h">obstructed efforts to investigate</a> Hunter Biden&#8217;s tax issues. Recently, Treasury Secretary Scott Bessent praised Shapley as a truth-seeker capable of reforming the IRS. Shapley would be the fourth person to lead the IRS this year, as Trump&#8217;s pick for full-time commissioner, former Missouri Rep. Billy Long, awaits Senate confirmation.
Some former IRS officials expressed dismay over Shapley&#8217;s potential appointment, with one recently departed senior official reportedly stating, &#8220;Glad I&#8217;m not there anymore,&#8221; indicating potential challenges ahead for the agency.
See Also: <a href="https://benzinga.com/markets/25/04/44789113/trumps-trade-war-may-lead-to-gops-massive-downfall-in-2026-warn-republican-senators" target="_blank" rel="noreferrer noopener">Trump&#8217;s Trade War May Lead To GOP&#8217;s Massive Downfall In 2026, Warn Republican Senators</a>
Why It Matters: The Trump administration has been vocal about its intentions to overhaul the tax system. In March, Commerce Secretary Howard Lutnick revealed Trump&#8217;s goal to <a href="https://www.benzinga.com/25/03/44295365/trump-wants-no-tax-for-anybody-making-less-than-150000-a-year-says-howard-lutnick-thats-what-im-working-for">eliminate taxes for individuals</a> earning less than $150,000 annually. Moreover, National Economic Council Director Kevin Hassett stated that Trump aims to <a href="https://www.benzinga.com/news/econ-s/25/03/44205662/president-trump-wants-to-replace-income-tax-with-tariffs-national-economic-council-director-kevin-hassett-says">replace income tax revenue</a> with tariffs.
Photo Courtesy: Jonah Elkowitz on Shutterstock.com
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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>

Trump To Reportedly Appoint Hunter Biden Whisteblower Gary Shapley As Acting IRS Commissioner: 'He'll Be A Great Asset'

Walmart is rewriting the <a href="https://www.benzinga.com/media/25/01/43162437/walmart-boosts-regional-manager-pay-as-retailers-struggle-to-find-leaders">rules on retail leadership pay</a> — and it's not subtle.
In a sweeping compensation overhaul, the retail giant boosted total potential pay for its market managers to the neighborhood of $620,000 a year, <a href="https://www.wsj.com/business/retail/walmart-regional-manager-pay-raise-867776ed?mod=latest_headlines">The Wall Street Journal</a> reported in January. That's nearly five times more than the role's former $130,000 base salary — and it's sending a clear message: Walmart wants its top people to think like owners, not just employees.
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These market managers aren't your average supervisors. Each one oversees around a dozen stores and the store managers running them. Walmart has roughly 440 market managers across the U.S., and all of them are set to benefit from the upgraded pay structure starting in fiscal year 2026.
The revamped package includes:
<ul>
<li>A base salary jump from $130,000 to $160,000</li>
<li>Stock grants rising from $75,000 to $100,000 annually</li>
<li>A 100% bonus potential, up from 90% before</li>
</ul>
Altogether, top performers can now land in the $420,000 to $620,000 range — with $620,000 sitting at the high end, depending on results.
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>
CEO John Furner laid out the vision during the <a href="https://qz.com/walmart-600000-pay-boost-store-managers-trump-tariffs-c-1851774345">National Retail Federation's State of Retail &amp; the Consumer 2025 event</a>. He emphasized Walmart's push to get managers thinking and operating like true stakeholders:
"What we did last year was make managers feel like owners," he said. "This includes shareholding, which has positively impacted their approach to the company's profits and losses."
In other words, paychecks now come with real skin in the game.
The strategy reflects a <a href="https://www.benzinga.com/trading-ideas/25/03/44226602/walmart-ceo-says-consumers-changing-spending-due-to-inflation-egg-prices-the-money-runs-out-before-the-month-is-gone-people-are-buying-smaller-pack-sizes">bigger shift at Walmart</a>, which has been steadily hiking compensation across the board — from hourly associates now eligible for bonuses up to $1,000, to store managers pulling in over $400,000 with stock options. The company says this is all part of a broader investment in talent and leadership that's been in motion for over a decade.
See Also: Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/1milsaved"> The percentage may shock you</a>.
Industry analysts see the logic.
These managers are running very big businesses and they are often "serving millions of customers every week," Neil Saunders, managing director at GlobalData, <a href="https://www.retaildive.com/news/walmart-raises-market-manager-salary-pay-six-hundred-twenty-thousand/738343/">told Retail Dive</a>. "Walmart needs good people in these roles to deliver on its ambitions and to drive growth."
And judging by Walmart's performance — including $115 billion in U.S. sales and <a href="https://www.retaildive.com/news/walmart-raises-guidance-boosted-by-strong-revenue-e-commerce-growth/733347/">22% e-commerce growth last quarter</a> — the plan might be working.
For a company that employs <a href="https://corporate.walmart.com/askwalmart/how-many-people-work-at-walmart">1.6 million Americans</a>, this pay bump suggests something bigger: if you want your team to think like they own it, pay them like they might.
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Personal Finance

Walmart Bumps Manager Pay to Upwards of $620K — 5X More Than Before. CEO Says It's Time They 'Feel Like Owners' and Run It Like They Built It

CARA

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

Alamos Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGI#NYSE">AGI</a>) has outperformed the market over the past 5 years by 21.02% on an annualized basis producing an average annual return of 34.83%. Currently, Alamos Gold has a market capitalization of $12.54 billion. 
Buying $100 In AGI: If an investor had bought $100 of AGI stock 5 years ago, it would be worth $464.42 today based on a price of $29.82 for AGI at the time of writing.
<h3>Alamos Gold's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1744760711_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.

Trading Ideas

Here's How Much You Would Have Made Owning Alamos Gold Stock In The Last 5 Years

ECD Automotive Design (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ECDA#NASDAQ">ECDA</a>) reported quarterly losses of $(0.11) per share. This is a 466.67 percent decrease over earnings of $0.03 per share from the same period last year. The company reported $5.30 million in sales this quarter. This is a 10.42 percent increase over sales of $4.80 million the same period last year.

Earnings

ECDA

ECD Automotive Design Q4 EPS $(0.11) Down From $0.03 YoY, Sales $5.30M Up From $4.80M YoY

Arena Group Holdings (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/AREN#AMEX">AREN</a>) reported quarterly earnings of $0.14 per share. This is a 160.87 percent increase over losses of $(0.23) per share from the same period last year. The company reported $36.23 million in sales this quarter. This is a 17.93 percent decrease over sales of $44.14 million the same period last year.

AREN

Arena Group Holdings Q4 EPS $0.14 Up From $(0.23) YoY, Sales $36.23M Down From $44.14M YoY

Amphenol (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APH#NYSE">APH</a>) has outperformed the market over the past 10 years by 6.41% on an annualized basis producing an average annual return of 16.29%. Currently, Amphenol has a market capitalization of $79.64 billion. 
Buying $100 In APH: If an investor had bought $100 of APH stock 10 years ago, it would be worth $450.10 today based on a price of $65.76 for APH at the time of writing.
<h3>Amphenol's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1744759813_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.

If You Invested $100 In This Stock 10 Years Ago, You Would Have This Much Today

Alnylam Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALNY#NASDAQ">ALNY</a>) has outperformed the market over the past 15 years by 8.52% on an annualized basis producing an average annual return of 19.0%. Currently, Alnylam Pharmaceuticals has a market capitalization of $29.89 billion. 
Buying $100 In ALNY: If an investor had bought $100 of ALNY stock 15 years ago, it would be worth $1,352.84 today based on a price of $230.93 for ALNY at the time of writing.
<h3>Alnylam Pharmaceuticals's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1744758911_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.

ALNY

Here's How Much You Would Have Made Owning Alnylam Pharmaceuticals Stock In The Last 15 Years

Sen. Bernie Sanders (I-VT) is once again <a href="https://www.benzinga.com/news/25/02/43901182/bernie-sanders-warns-if-elon-musk-can-fire-hundreds-of-thousands-of-federal-employees-imagine-what-hell-do-to-private-sector-workers">raising concerns</a> about Elon Musk's sweeping job cuts in the federal government, calling them a preview of what could happen to private sector workers once artificial intelligence becomes widespread.
<h2 class="wp-block-heading">A Broader Message About Automation and Inequality</h2>
&#8220;The idea that Mr. Musk goes around with a chainsaw—that is his metaphor—slashing jobs all over the place&#8230; and throwing people out into the street is outrageous,&#8221; Sanders said during a recent <a href="https://www.youtube.com/watch?v=RwqRP1SnY_g">CNN town hall</a> with Anderson Cooper.
&#8220;If Musk can do this to federal employees&#8230; what do you think he's going to be doing when artificial intelligence and robotics come for your job?&#8221;
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He warned that many jobs people hold today could disappear within the next decade, and he questioned whether Musk and others in the tech world are doing anything to protect American workers from the rapid changes brought by new technologies. &#8220;They don&#8217;t give a damn about you.&#8221;
Concerns about AI replacing human jobs aren't just coming from elected officials. In a resurfaced <a href="https://www.youtube.com/watch?v=8FKErmdFv4U">video</a>, <a href="https://www.benzinga.com/general/24/05/39028738/openai-engineer-admits-ai-companies-taking-away-peoples-jobs-theres-nothing-you-could-do-to-stop-the">OpenAI engineer Brian Wu admitted</a>, "It's kind of deeply unfair that… a group of people can just build AI and take everyone's jobs away, and in some sense, there's nothing you can do to stop them right now."
Wu said the only available options may be to "petition for regulation" or "join us and have one of the few remaining jobs." He called the outlook "rough," adding that redistributing income may be one of the only fair ways forward.
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<h2 class="wp-block-heading">VA Layoffs Could Cripple Veterans&#8217; Care</h2>
Sanders was especially critical of a proposal to <a href="https://www.benzinga.com/25/03/44442938/bernie-sanders-slams-plan-to-cut-83000-va-employees-you-do-not-balance-the-budget-on-the-backs-of-those-who-defended-this-country">lay off 83,000 employees at the Department of Veterans Affairs</a>. He warned the cuts would directly harm veterans who rely on government-provided health care and benefits.
&#8220;We made a commitment to the men and women who put their lives on the line that we were going to provide them with the best quality health care,&#8221; Sanders said. &#8220;Throwing 83,000 workers in the VA out of their jobs will delay services and lower the quality of care.&#8221;
Sanders argued that these cuts aren't just about trimming budgets. He believes it's part of a broader push by conservative leaders and tech billionaires to shrink the role of government and weaken protections for workers.
See Also: <a href="https://www.benzinga.com/money/elon-musk-told-the-u-n-if-they-could-show-a-plan-for-ending-world-hunger-hed-donate-6-billion-i-will-sell-tesla-stock-right-now-and-do-it">Elon Musk Told The U.N. If They Could Show A Plan For Ending World Hunger He'd Donate $6 Billion – ‘I Will Sell Tesla Stock Right Now And Do It'</a>
<h2 class="wp-block-heading">Defending Social Programs and Public Trust</h2>
Sanders also took issue with what he sees as misinformation from President Donald Trump, who has claimed large numbers of Social Security recipients are defrauding the system.
&#8220;It&#8217;s a total absolute lie,&#8221; he said. &#8220;Well over 99% of the benefits owed to people on Social Security were earned by the people.&#8221;
Meanwhile, Sanders blasted <a href="https://www.benzinga.com/news/25/04/44753051/trumps-tariffs-will-drain-retirement-savings-push-us-to-the-brink-of-recession-says-nancy-pelosi-while-quoting-ronald-reagan">Trump's broad tariff policies</a>. He said working families will end up paying the price at the checkout line.
&#8220;Virtually all of those products sold in stores like Target are going to see significant increases in prices,&#8221; he said. &#8220;That's going to hurt working people a whole lot.&#8221;
While Sanders supports innovation, he says technology and AI must work for everyone—not just billionaires.
&#8220;So, bottom line, I am not a Luddite,&#8221; he said. &#8220;But we have got to understand that new technology—AI, robotics—has got to work for working people, <a href="https://www.benzinga.com/news/25/03/44075859/robin-hood-in-reverse-bernie-sanders-slams-republicans-for-taking-from-the-working-people-and-the-poor-and-giving-to-billionaires">not just for the billionaires</a> and Mr. Musk.&#8221;
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Musk Firing Thousands Of Federal Workers A Warning, Says Bernie Sanders—'What Do You Think He'll Do When AI Comes For Private Sector Jobs?'

Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) released better-than-expected quarterly results on Tuesday. CEO Brian Moynihan said trade tensions and tariff-related turbulence did not affect the company's performance or American consumers in<a href="https://www.benzinga.com/news/earnings/25/04/44811593/bank-of-america-ceo-says-consumer-continues-to-spend-and-maintain-healthy-credit-quality-sticks-to-annual-outlook"> the first quarter. </a>
What To Know: In prepared remarks released with the bank's quarterly results, Moynihan said that both businesses and consumer clients are doing well in the face of uncertainty.&nbsp;
Read Next: <a href="https://www.benzinga.com/news/management/25/04/44802094/tariff-fears-pose-material-risks-to-us-and-global-economies-goldman-sachs-ceo-warns">Tariff Fears Pose &#8216;Material Risks&#8217; To US And Global Economies, Goldman Sachs CEO Warns</a>
"Our business clients have been performing well; and consumers have shown resilience, continuing to spend and maintaining healthy credit quality. Though we potentially face a changing economy in the future, we believe the disciplined investments we have made for high-quality growth, our diverse set of businesses, and the team&#8217;s relentless focus on responsible growth will remain a source of strength,&#8221; the CEO said. 
Moynihan gave more insight into the mindset of small business owners on the earnings call with analysts.&nbsp;
"They're worried about how this will affect their businesses and where they should invest. And I think that's slowing down some of their decision paths right now because they're trying to figure out if my goods and services will be able to pass through the price," he said, adding that some are considering changing growth plans as well.&nbsp;
Overall, the CEO gave a picture of a strong economy currently weighed down by uncertainty surrounding the Trump administration's policies. He said business owners are generally calm, "they're making money, but they are worried about how all this works."&nbsp;
"The core question will be when all these different policies and stuff come together, in responses to policies by other trading partners to the tariff policies, by the policies on deregulation working for that the tax bill which comes out, all that will mix together and come to an outcome," Moynihan told analysts.&nbsp;
Later Tuesday morning in an interview with CNBC, Moynihan reiterated his comments on the resiliency of the U.S. consumer.&nbsp;
"Consumers are still spending money, despite the polls that say they are going to stop. They have not stopped yet," he said.&nbsp;
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<li><a href="https://www.benzinga.com/general/social-media/25/04/44817229/chinese-tiktok-influencers-expose-cheap-nike-lululemon-suppliers-to-bypass-trump-tariffs">Chinese TikTok Influencers &#8216;Expose&#8217; Cheap Nike, Lululemon Suppliers To Bypass Trump Tariffs&nbsp;</a></li>
</ul>
Photo: Shutterstock

Management

Economics

Movers

Bank Of America CEO Says Consumers Are 'Resilient,' While Business Owners 'Worried' As 'We Face A Changing Economy'

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 24.57% on an annualized basis producing an average annual return of 38.38%. Currently, First Citizens BancShares has a market capitalization of $22.64 billion. 
Buying $1000 In FCNCA: If an investor had bought $1000 of FCNCA stock 5 years ago, it would be worth $5,053.33 today based on a price of $1673.22 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/2025/1744758012_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 First Citizens BancShares 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>) owners have been subject to <a href="https://www.benzinga.com/markets/equities/25/03/44474423/fbi-launches-task-force-to-address-tesla-protests-director-kash-patel-condemns-violence-as-domes">increased reports of vandalism</a> and targeted attacks as the electric vehicle company faces declining brand value in the wake of CEO Elon Musk's continued political push.
Those same owners could be in for another challenge in 2025: increased insurance payments.
What Happened: Increased vandalism on Tesla vehicles and<a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/03/44380301/tesla-analyst-says-demand-fears-overblown-but-has-some-concerns-as-used-car-prices-plummet"> lower used car values </a>are among the negatives facing Tesla owners in 2025 after Musk's push in politics has angered many and hurt the brand value of the EV giant.
A new report from <a href="https://insurify.com/car-insurance/insights/car-models-highest-insurance-increase/">Insurify</a>, shared by <a href="https://electrek.co/2025/04/14/tesla-insurance-premiums-are-incresing-at-twice-market-rate-amid-vandalism/">Electrek</a>, shows that higher insurance premiums could be another negative for Tesla owners in 2025 and things could get worse.
Overall automotive insurance premiums have risen due to a fear that tariffs that could make auto repair costs and replacement costs more expensive. The average cost of full coverage on a vehicle is up 10% year-over-year to $2,302, the report found.
Among the vehicles with the largest increase are several Tesla models. Here's a look at the top 10 vehicles seeing the largest increase in premiums from 2024 to 2025 in the U.S.:
<ol>
<li>Tesla Model Y: +29%, $3,996 average annual cost</li>
<li>Tesla Model 3: +24%, $4,364 average annual cost</li>
<li>Tesla Model X: +22%, $4,046 average annual cost</li>
<li>BMW 5 Series: +19%, $3,229 average annual cost</li>
<li>Toyota Prius: +18%, $2,151 average annual cost</li>
<li>Hyundai Santa Fe: +15%, $2,241 average annual cost</li>
<li>Honda Accord: +14%, $2,623 average annual cost</li>
<li>Hyundai Elantra: +14%, $2,851 average annual cost</li>
<li>Honda Civic: +13%, $2,600 average annual cost</li>
<li>Hyundai Sonata: +12%, $2,735 average annual cost</li>
</ol>
Tesla has the top three brands that have seen the largest year-over-year increase from 2024 to 2025 in the United States according to the report.
Read Also: <a href="https://www.benzinga.com/interview/25/03/44539183/exclusive-tesla-protest-organizer-says-elon-musk-seems-to-have-purchased-the-american-government">EXCLUSIVE: Tesla Protest Organizer Says &#8216;Elon Musk Seems To Have Purchased The American Government&#8217;</a>
Why It's Important: The survey was done between February 2024 and February 2025, which means that insurance rates could actually be even higher with vandalism on Tesla vehicles high in recent months.
Tesla parts have been known to be expensive to repair, often leading to large premiums from insurance companies to offset the potential cost.
Tesla has its own insurance segment, but it is not available in all states.
The higher insurance costs and worries about tariffs could scare consumers away from electric vehicles in 2025, especially Tesla vehicles. While consumers can save money at the pump with an EV, owners are now faced with the decisions of lower resale value than past years and higher insurance rates for Tesla vehicles.
TSLA Price Action: Tesla stock was up 0.7% to $254.11 on Tuesday versus a 52-week trading range of $138.80 to $488.54. Tesla stock is down 33% year-to-date in 2025.
Read Next: 
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<li><a href="https://www.benzinga.com/25/04/44802015/us-electric-vehicle-sales-up-11-in-q1-as-tesla-declines-the-winners-and-losers">Tesla Loses Steam In Q1 While US EV Sales Climb: The Winners And Losers</a></li>
</ul>
Photo: Shutterstock

Insurance

TSLA

Tesla Owners Face New Challenge Amid Tariffs, Vandalism: Insurance Costs Going Up Twice The National Rate

Watsco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) has outperformed the market over the past 5 years by 14.32% on an annualized basis producing an average annual return of 28.13%. Currently, Watsco has a market capitalization of $20.61 billion. 
Buying $1000 In WSO: If an investor had bought $1000 of WSO stock 5 years ago, it would be worth $3,308.44 today based on a price of $510.36 for WSO at the time of writing.
<h3>Watsco's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1744757110_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.

If You Invested $1000 In This Stock 5 Years Ago, You Would Have This Much Today

The <a href="https://www.benzinga.com/general/entertainment/24/01/36476388/from-mario-to-minecraft-jack-black-boards-new-video-game-adaptation">highly anticipated "Minecraft" movie </a>has turned into a blockbuster hit for Warner Bros. Discovery Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>) and could be a revenue generator for theater companies like AMC Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) and Cinemark Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNK#NYSE">CNK</a>).
The impressive box office numbers will also likely mean more video games getting adapted into movies and TV series as media companies look for built-in fan bases.
What Happened: Billionaire Elon Musk is well-known for many things, including <a href="https://www.benzinga.com/general/gaming/23/08/33610477/elon-musk-lover-of-video-games-has-praise-for-this-record-breaking-title-and-its-not-elden-ring">his love of video games</a> such as "Diablo 4" and "Elden Ring."
With the success of "Minecraft" at the box office, Musk is now hoping for one of those hit games to be made into a movie.
Musk responded to former Blizzard Entertainment executive Mark Kern, also known as Grummz, who shared a post from GamesIndustry suggesting more video game adaptations are likely coming.
"Just like comics were in the past, the rich history of video games is now the wellspring of creative storytelling," Musk <a href="https://x.com/elonmusk/status/1911978724905431227">tweeted</a>.
One X user suggested that they should make a movie based on "Elden Ring" next.
"That would be awesome," Musk <a href="https://x.com/elonmusk/status/1911979256730570887">replied</a>.
Musk has often shared his love of the 2022 video game developed by FromSoftware that counts Japanese game developer Hidetaka Miyazaki and "Game of Thrones" author George R.R. Martin as figures who worked on the development of the action role-playing game.
"Minecraft" <a href="https://www.boxofficemojo.com/release/rl746096129/?ref_=bo_hm_rd">opened </a>with $162.8 million domestically and has now grossed $278.9 million domestically and $552.7 million worldwide. The film is the top-grossing film domestically in 2025 beating "Captain America: Brave New World" and is the second-highest-grossing film worldwide for the year.
Are you buying when the CEOs of the Magnificent 7 are selling?
<ul>
<li>Stay in the know with our Insider Trades page — <a href="https://www.benzinga.com/sec/insider-trades/">see when leaders like Mark Zuckerberg, Elon Musk, and Jensen Huang are offloading their own shares.</a></li>
</ul>
What's Next: The success of "Minecraft" could lead to more video games being made into movies and shows. "Minecraft" was released in 2011 and the game's parent Mojang was later acquired by Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) for $2.5 billion in 2014.
The film came with a built-in fan base of varying ages, which could explain how it beat original estimates of $70 to $90 million for its domestic opening. As movie studios and streamers look for their next hits, games with built-in fan bases could be attractive.
"Minecraft itself is a cultural juggernaut — over 300 million copies sold, and a fanbase spanning kids to adults who've been building pixelated empires for years," Exhibitor Relations box office analyst Jeff Bock told <a href="https://www.gamesindustry.biz/video-games-franchises-are-now-ripe-for-the-picking-why-a-minecraft-movie-could-lead-to-games-taking-over-hollywood">GamesIndustry</a>.
Alinea Analytics Head of Market Analysis Rhys Elliott highlighted the timing of the film not being around other blockbusters and coming at a time when many schools were on spring break as a potential win by Warner Bros. marketing team.
Elliott said recent hits like "The Super Mario Bros. Movie" and the Sonic film franchise have shown how video game adaptations can be successful.
&#8220;The Mario movie even outperformed juggernauts like Frozen and Despicable Me. If studios weren't paying attention to games before, they certainly were after Mario. And now Minecraft is another feather in that cap," Elliott said. &nbsp;
While more announcements could be made, there are already many video games in the works of being adapted into films or shows, including "Death Stranding," which was announced as a new A24 movie after "Minecraft's" opening.
Up next for game adaptations is the April 25, 2025, release of the "Until Dawn" movie from Sony Group Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>), as reported by <a href="https://www.ign.com/articles/upcoming-video-game-movies-and-tv-shows">IGN</a>. There are also sequels to "Mortal Kombat" and "Five Nights at Freddy's" scheduled for this year. In 2026, movies include "Street Fighter," and "The Super Mario Bros. Movie 2."
On the television side, "The Last of Us" has been a successful video game adaptation to TV for Warner Bros. Discovery with a second season recently premiering on HBO and Max. "Fallout" has also been a hit for Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), with a second season in the works and the first season leading to strong sales for the video game franchise.  
The success of the &#8220;Minecraft&#8221; movie could also be a positive for Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), which is working on<a href="https://www.benzinga.com/general/entertainment/24/05/39096394/minecraft-series-coming-to-major-streaming-platform-microsofts-hit-game-thrives"> a series adaptation </a>of the hit game.
While many video game adaptations have been hits, not all of them work out. The 2024 "Borderlands" film grossed less than $20 million domestically and grossed $33 million worldwide.
Speculation about the hit Epic Games "Fortnite" battle royale game being turned into a movie was quickly downplayed by Epic Games CEO Tim Sweeney, as <a href="https://comicbookmovie.com/video-games/epic-games-ceo-refutes-rumors-of-fortnite-movie-following-a-minecraft-movie-success-a218548">reported </a>by ComicBookMovie.com. Sweeney tweeted "false" to a fan's post that "Fortnite" would be the next game adapted for the big screen and that some studios had already passed on the film rights. Sweeney did not clarify which part or, if both, were false.
Read Next: 
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<li><a href="https://www.benzinga.com/news/21/12/24634416/minecraft-hits-1-trillion-views-on-youtube-how-the-game-has-maintained-its-user-base">Minecraft Hits 1 Trillion Views On YouTube: How The Game Has Maintained Its User Base</a></li>
</ul>
Photo: <a href="https://www.shutterstock.com/g/alexphotostock">Alex Photo Stock</a> via Shutterstock

Entertainment

Gaming

AMZN

MSFT

NFLX

Sony Group Corporation American Depositary Shares

SONY

'Minecraft' Box Office Success Could See More Adaptations: Elon Musk Wants This Video Game Movie Next

If you ask OpenAI, Elon Musk didn't just walk away from the company he helped build — he lit the match and now wants to watch it burn.
In a scorching new legal filing, <a href="https://www.benzinga.com/25/04/44726544/elon-musk-faces-legal-backlash-as-sam-altman-led-openai-countersues-over-harassing-tactics-and-bid-for-control-musk-has-tried-every-tool-available-to-harm-openai">OpenAI fired back at Musk's ongoing lawsuit</a> with a detailed and unfiltered version of events — accusing him of abandoning the company, declaring it dead on arrival, and later launching a campaign to destroy it when it refused to hand him the reins.
"Musk could not tolerate seeing such success for an enterprise he had abandoned and declared doomed," OpenAI's legal team wrote in a <a href="https://www.documentcloud.org/documents/25893390-20250409-openai-defendants-counterclaims-answer-and-defenses/">Wednesday court filing</a>. "He made it his project to take down OpenAI, and to build a direct competitor that would seize the technological lead — not for humanity but for Elon Musk."
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The filing claims Musk weaponized everything in his arsenal — from his massive social media following to legal threats — to kneecap the company once it became clear he couldn't control it.
"The ensuing campaign has been relentless," the filing added. "Through press attacks, malicious campaigns broadcast to Musk's more than 200 million followers on the social media platform he controls, a pretextual demand for corporate records, harassing legal claims, and a sham <a href="https://www.benzinga.com/25/02/43609104/elon-musk-co-founded-openai-now-hes-bidding-974b-to-take-back-the-company">bid for OpenAI's assets</a>, Musk has tried every tool available to harm OpenAI."
The legal battle began when Musk sued OpenAI in February 2024, alleging the company had strayed from its original nonprofit mission and formed a for-profit structure that favors Microsoft. Musk dropped the suit in June — only to refile it in August. On Wednesday, the judge scheduled a trial for next March.
Trending: 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>
But OpenAI isn't just playing defense. On the same day as the filing, the company posted a series of <a href="https://x.com/OpenAINewsroom/status/1910105151492575611">sharp jabs at Musk on X</a>.&nbsp;
"Elon's nonstop actions against us are just bad-faith tactics to slow down OpenAI and seize control of the leading AI innovations for his personal benefit," the company posted.
<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">Elon's nonstop actions against us are just bad-faith tactics to slow down OpenAI and seize control of the leading AI innovations for his personal benefit. Today, we counter-sued to stop him.
&mdash; OpenAI Newsroom (@OpenAINewsroom) <a href="https://twitter.com/OpenAINewsroom/status/1910105151492575611?ref_src=twsrc%5Etfw">April 9, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
"Elon's never been about the mission. He's always had his own agenda. He tried to seize control of OpenAI and merge it with Tesla as a for-profit — his own emails prove it. When he didn't get his way, he stormed off."
The post continued, "Elon is undoubtedly one of the greatest entrepreneurs of our time. But these antics are just history on repeat – Elon being all about Elon."
Musk's Early Role — and Abrupt Exit
Musk co-founded OpenAI in 2015 alongside Sam Altman and others, helping launch the nonprofit with a vision of building artificial intelligence that benefits all of humanity. He pledged $1 billion in support, though OpenAI later said he <a href="https://openai.com/index/openai-elon-musk/">only contributed a fraction of that</a> before stepping away.
Trending: <a href="https://www.benzinga.com/money/how-a-10k-bet-on-health-care-originals-could-have-skyrocketed-your-portfolio">With Shares Starting at Just $1.52, This Could be Your Chance to Invest in the Future of Healthcare.</a>
By 2018, tensions were rising. Musk reportedly proposed taking over the company and folding it into Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) — a move that other board members rejected. Musk left the board shortly after.
At the time, Musk publicly said he walked away to avoid a conflict of interest with Tesla's own AI work and because he "didn't agree with some of what the OpenAI team wanted to do." He didn't elaborate on what those differences were, but former employees have hinted that the disagreements ran deep.
Altman, for his part, has rarely spoken publicly about the split — until now.
Wednesday's court filing paints Musk as someone who believed OpenAI was doomed without his leadership. But when the company went on to create the most widely-used AI product in history — ChatGPT — it says Musk couldn't stand being left behind.
Now, Musk is backing xAI, his own AI startup launched in 2023, which he claims will build a safer, more transparent artificial intelligence model. Its first product, Grok, is integrated into X.
See Also: <a href="https://www.benzinga.com/money/elon-musk-told-the-u-n-if-they-could-show-a-plan-for-ending-world-hunger-hed-donate-6-billion-i-will-sell-tesla-stock-right-now-and-do-it">Elon Musk Told The U.N. If They Could Show A Plan For Ending World Hunger He'd Donate $6 Billion – ‘I Will Sell Tesla Stock Right Now And Do It'</a>
The Bigger Battle Over AI's Future
While the courtroom fireworks keep flying, this fight goes beyond just bruised egos. At the heart of Musk's lawsuit is a claim that OpenAI's for-profit pivot violates the company's founding agreement and undermines its mission to serve humanity.
But OpenAI insists that Musk knew about — and even supported — the pivot, right up until he didn't get his way.
Now, OpenAI is asking the court to toss Musk's claims entirely.
With a trial date set, the world's biggest names in AI look <a href="https://www.benzinga.com/tech/25/03/44066117/elon-musk-battles-openai-over-move-to-for-profit-model-and-experts-are-pushing-back">ready for a long, ugly fight</a> — one that could shape the future of artificial intelligence, and who gets to control it.
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<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>

'Musk Could Not Tolerate Seeing Such Success' — OpenAI Says He Abandoned And Declared Them 'Doomed,' Then Tried to Destroy It All

Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) has outperformed the market over the past 10 years by 11.16% on an annualized basis producing an average annual return of 21.03%. Currently, Palo Alto Networks has a market capitalization of $113.78 billion. 
Buying $1000 In PANW: If an investor had bought $1000 of PANW stock 10 years ago, it would be worth $7,107.36 today based on a price of $171.85 for PANW at the time of writing.
<h3>Palo Alto Networks's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1744756212_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.

PANW

Here's How Much $1000 Invested In Palo Alto Networks 10 Years Ago Would Be Worth Today

Despite renewed fears that President Donald Trump's proposed tariffs could reignite inflation, an emerging contrarian theory suggests the reality may be far less alarming than many on <a href="https://www.benzinga.com/topic/inflation">Wall Street currently expect.</a>
In a note shared Tuesday, Yardeni Research President Ed Yardeni said investors and consumers might be overstating the inflationary consequences of what he dubbed Trump's "Nitro Tariffs," or TNT.
"Tariffs are stagflationary," Yardeni said, "but consensus expectations may be overestimating the inflationary impact and underestimating the downside risks to growth."
<h1 class="wp-block-heading">Are Tariff Inflation Fears Justified?</h1>
Latest consumer sentiment data is painting a confusing picture. The Federal Reserve Bank of New York reported consumer expectations for inflation rose to 3.6% in March.
That number is well below the University of Michigan's Consumer Sentiment Index, which showed a jump in inflation expectations to 5% during the same month. In April, the latter soared again to 6.7%.
The veteran Wall Street analyst called the University of Michigan's reading "too panicky," pointing to historical data that ties the survey's inflation expectations closely to gasoline prices, which have remained subdued. 
"Inflation might not rise as much as feared," he said.
That divergence has created a narrative of anxiety that, according to Yardeni, might not align with market data. 
"The recent divergence clearly reflects consumers' fears that tariffs will boost inflation," he said, but the correlation with pump prices doesn't support the uptick in panic.
To see inflation truly spike to levels feared by some consumers, Yardeni argued, a major oil price shock would likely be required. But oil prices are moving in the opposite direction, pressured by fears of slowing global growth. 
A barrel of crude is now trading lower than it was earlier this year — a disinflationary tailwind that may continue to offset the effects of tariffs.
Crude prices as tracked by the United States Oil Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>) have fallen by nearly 15% since Trump&#8217;s reciprocal tariff announcement on April 2. Futures tracking gasoline contracts have dropped from $2.30 to $2 a gallon. 
<h1 class="wp-block-heading">Bond Market&#8217;s Inflation Gauges Stay Calm</h1>
Bond markets, usually quick to react to inflation jitters, are notably unshaken. 
The yield spread between 10-year nominal Treasury bonds and inflation-protected securities (TIPS), a common measure of inflation expectations, has drifted lower. 
Inflation swaps for the 5-to-10-year horizon — a preferred gauge of future expectations — have also hovered near the Federal Reserve's 2.0% target, as Yardeni noted. 
<h1 class="wp-block-heading">Goods Deflation Could Persist</h1>
The past two years have seen a sharp cooling in goods prices, a trend driven by post-COVID-19 pandemic demand normalization and oversupply from China. Yardeni suggested this disinflationary trend could continue, even in the face of new tariffs.
"Over the medium term, Trump's Nitro Tariffs might not upset these patterns," he said. "Goods prices might continue to deflate."
One key reason: China's likely evasion of tariffs by rerouting exports through third-party countries. With its economy under pressure, China has a strong incentive to keep goods flowing, tariff walls or not.
<h1 class="wp-block-heading">Growth, Not Inflation, Is the Real Risk</h1>
While the inflation narrative dominates headlines, Yardeni's contrarian view is that the more serious danger lies in weaker economic activity. 
&#8220;In our view, the bigger risk is to growth. The volatility of TNT has cast so much uncertainty over both businesses and consumers that spending, hiring and investment are likely to sharply slow over the next few months,&#8221; he stated.
Add in potential trade retaliation from foreign partners, and the growth outlook gets cloudier still.
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Photo: Shutterstock

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Macro Economic Events

Regulations

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Specialty ETFs

Econ #s

ETFs

Trump Tariffs May Not Ignite Inflation After All, Says Yardeni

JP Morgan analyst Harlan Sur reiterated an Underweight rating on Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) on Tuesday, setting a <a target="_blank" href="https://www.benzinga.com/quote/INTC/analyst-ratings" rel="noreferrer noopener">price forecast of $23</a>.
On Monday, before the market opened, Intel announced a <a target="_blank" href="https://www.benzinga.com/25/04/44792707/intel-stock-surges-5-on-potential-altera-sale-trumps-tariff-relief-provides-added-boost" rel="noreferrer noopener">51% stake sale</a> of its programmable chip business, Altera, to private equity firm Silver Lake Management for $4.46 billion, valuing Altera at $8.75 billion with a transaction multiple of ~5.7 times calendar 2024 sales.
As a reference, Intel bought Altera in 2015 at 9 times calendar 2014 sales and in 2020, and Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) bought Xilinx for 11 times calendar 2019 sales).
Also Read: <a target="_blank" href="https://www.benzinga.com/government/regulations/25/04/44786708/why-are-semiconductor-stocks-trading-higher-on-monday" rel="noreferrer noopener">Chip Stocks Rise as Trump Pushes Tariffs, Exempts Phones and Backs US Semiconductor Production</a>
Over the past 10 years, since Intel acquired Altera, revenues have declined by 20% compared to 87% growth for the overall semiconductor industry.
The transaction marks Intel&#8217;s first significant strategic move under its new CEO, Lip-Bu Tan. It underpins the company&#8217;s broader turnaround strategy and refocuses on its core x86 businesses.&nbsp;&nbsp;
Financially, Altera generated $1.54 billion in revenue last year (putting the deal value at 6 times calendar 2024 sales) with ~50% adjusted gross margin, and we estimate Altera&#8217;s revenue to grow to $1.6 billion (+4%) in calendar 2025.
Intel originally acquired Altera for $16.7 billion in December 2015, 9 times calendar 2014 sales. The lower transaction value reflects a lower revenue profile (Altera revenues are down 20% over the past 10 years versus 87% growth in the semiconductor industry) and margin profile.
Intel plans to de-consolidate Altera from its financial statements and expects to close the deal in the second half of calendar 2025.&nbsp;The sale strengthens Intel&#8217;s balance sheet amid a more challenging macro environment.
Raghib Hussain will succeed Sandra Rivera as CEO of Altera (effective May 5). Previously, Raghib was President of Products and Technologies at Marvell Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), overseeing advancements in its custom AI chips and networking solutions business.
Raghib led the Data Center Cloud Group, focusing on integrated silicon portfolios for switching, connectivity, and computing.
Overall, Sur noted this is a step in the right direction. However, he remained underweight on the stock as Intel continues to navigate through a challenging period, as it right-sizes the company and continues to move forward with its technology/manufacturing product roadmaps.
Sur projected first-quarter revenue of $12.2 billion and adjusted EPS of $0.00.
Price Action: INTC stock closed lower by 2.26% at $19.85 on Tuesday.
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Intel Growth Challenges Are Not Over Despite Altera Stake Sale: Analyst

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<img src="https://www.benzinga.com/files/images/story/2025/1744755323_0.png" alt="comp_fig" />
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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