Leading cryptocurrencies corrected sharply on Monday as the Bybit hack and President Donald Trump&#8217;s tariff threat weighed on the market.



<figure class="wp-block-table"><table style="overflow:auto; height: 90px; display: block;"><tbody><tr><td>Cryptocurrency</td><td>Gains +/-</td><td>Price (Recorded at 7:30 p.m. ET)</td></tr><tr><td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>-4.82%</td><td>$91,639.29</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>-11.48%</td><td>$2,494.24</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>-13.79%</td><td>$0.2096</td></tr></tbody></table></figure>



What Happened: Bitcoin sank below $91,000 for the first time in over three months, while Ethereum fell to an intraday low of $2,461.52, its lowest since Feb. 3.



The apex cryptocurrency has already lost 9.7% since February began, in contrast to the 43% rise it saw last year. Ethereum has dropped 23.63% and could be heading to its worst February.



Ethereum was at the center of the <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43905078/bybit-nears-recovery-after-crypto-heist-freezes-42-89-million-in-stolen-funds-secures-1-23-billion-in-eth-through-whales-and-loans">$1.4 billion hack</a> on cryptocurrency exchange Bybit. Although the platform claims to have restored its ETH holdings to pre-hack levels, concerns about hackers dumping such a big amount have generated alarm.



The market bled profusely, with over $960 million getting liquidated in the last 24 hours. Upside bets accounted for $890 million.&nbsp;



Hedges against price decline increased as the total number of short positions surpassed long positions, according to the Long/Short Ratio.



That said, a whopping $1.61 billion in short positions risked liquidation if Bitcoin reclaimed $100,000.



The market was gripped with "Extreme Fear," according to the Crypto Fear and Greed Index, sparking concerns of further downsides.



Top Gainers (24-Hours)



<figure class="wp-block-table"><table style="overflow:auto; height: 90px; display: block;"><tbody><tr><td>Cryptocurrency</td><td>Gains +/-</td><td>Price (Recorded at 7:30 p.m. ET)</td></tr><tr><td>Story (IP)</td><td>+15.01%</td><td>$4.65</td></tr><tr><td>DeXe (DEXE)</td><td>+2.31%</td><td>$19.06</td></tr><tr><td>Berachain (BERA)</td><td>+0.87%</td><td>$16.94</td></tr></tbody></table></figure>



The global cryptocurrency market capitalization stood at $3.08 trillion, falling by 2.56% in the last 24 hours.



Investors will be watching the all-important earnings report of artificial intelligence darling Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), slated for Wednesday.&nbsp;



In addition, the Federal Reserve&#8217;s favorite inflation gauge, the personal consumption expenditures index, will be released on Friday, providing cues about the central bank&#8217;s moves on interest rates.



Major stock indexes slid on Thursday. The S&amp;P 500 fell 0.50% to close at 5,983.25. The tech-focused Nasdaq Composite lost 1.21% during the session, ending at 19,286.92. The Dow Jones Industrial Average chalked out a narrow gain of 0.08% to close at 43,461.21.



The sentiment was impacted after Trump reaffirmed that tariffs on imports from Canada and Mexico <a href="https://www.benzinga.com/news/global/25/02/43926015/trump-confirms-tariffs-on-canada-mexico-will-take-effect-as-planned">would take effect as planned</a>.&nbsp;



Investors will focus on the all-important earnings report of artificial intelligence darling Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), slated for Wednesday.&nbsp;



See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>



Analyst Notes: Popular cryptocurrency analyst and investor Ali Martinez cautioned traders that if Bitcoin loses $93,700 as support, the next key level of interest is $75,600.



<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">If <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> fails to hold $93,700 as support, the next key level to watch is $75,600! <a href="https://t.co/bCfwEHhlYJ">pic.twitter.com/bCfwEHhlYJ</a>&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1894164403567956097?ref_src=twsrc%5Etfw">February 24, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



He also highlighted the declining capital inflows into the cryptocurrency market in the last 10 days, which fell from $52 billion to $26.5 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">Capital inflows into the crypto market have dropped nearly 50% in the past 10 days, declining from $52 billion to $26.5 billion. <a href="https://t.co/m9DWHiyQPn">pic.twitter.com/m9DWHiyQPn</a>&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1894092177686339994?ref_src=twsrc%5Etfw">February 24, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Chris Burniske, cofounder of cryptocurrency firm Placeholder, stated that the ongoing "mid-bull reset" is not unprecedented and that top coins like Bitcoin, Ethereum, and Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>) witnessed big corrections during the last bull cycle in 2021.



"Those calling for a full-blown bear are misguided," Burniske added.



<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">In the middle of 2021:<a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> drew down 56%<a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> drew down 61%<a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SOL</a> drew down 67% Many others 70-80%+ You can come up with all the reasons for why this cycle is different, but the mid-bull reset we&#39;re going through isn&#39;t unprecedented. Those calling for a full blown bear are…&mdash; Chris Burniske (@cburniske) <a href="https://twitter.com/cburniske/status/1894163006080127217?ref_src=twsrc%5Etfw">February 24, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Photo by CMP_NZ on Shutterstock



Read Next:    



<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43920916/michael-saylor-presents-digital-assets-framework-to-sec-crypto-task-force">Michael Saylor Presents &#8216;Digital Assets Framework&#8217; To SEC Crypto Task Force</a></li>
</ul>

Cryptocurrency

News

Markets

Movers

Trading Ideas

$BTC

$DOGE

$ETH

$SOL

NVDA

Bitcoin, Ethereum, Dogecoin Bleed Amid Trump's Tariff Threat, Bybit Mega Breach: Analyst Says 'Mid-Bull Reset' Not Unprecedented, Full-Blown Bear Market Not Yet Here

Chinese tech giants Tencent Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>), Alibaba Group Holdings Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), and ByteDance have significantly increased orders for Nvidia Corporation's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) H20 AI chips, as the rise of DeepSeek's low-cost AI models drives a surge in demand for AI computing power.



What Happened: The spike in H20 chip orders, reported by Reuters, citing six people familiar with the matter, highlights Nvidia's continued dominance in the AI chip market.



The H20 is a China-specific chip, developed in response to U.S. export restrictions that prevent Nvidia from selling its most advanced AI hardware to Chinese companies.



While concerns about additional U.S. trade restrictions exist, sources say the primary driver behind the demand is DeepSeek's AI models, which optimize computational efficiency for inference tasks rather than relying solely on raw processing power.



See Also: <a href="https://www.benzinga.com/news/legal/25/02/43930715/google-sued-over-ai-search-overviews-education-company-says-tech-giant-is-stealing-content-and-driving-publishers-out-of-business">Google Sued Over AI Search Overviews — Education Company Says Tech Giant Is Stealing Content And Driving Publishers Out Of Business</a>



These models have gained rapid adoption across industries, from cloud computing to automotive applications.



Tencent is reportedly testing DeepSeek's AI models in WeChat, while automaker Great Wall has integrated them into its connected vehicle systems. Analysts estimate Nvidia shipped around 1 million H20 chips in 2024, generating over $12 billion in revenue.



Why It Matters: Last month, Nvidia recognized China's DeepSeek R1 AI model. The model built for less than $6 million, <a href="https://www.benzinga.com/markets/equities/25/01/43256425/nvidia-says-deepseek-an-illustration-of-how-new-ai-models-can-be-created-while-being-export-control-compliant-amid-600-billion-market-value-plunge">allegedly outperformed</a> top U.S. models, including those from OpenAI.



This milestone contributed to a broader tech market downturn, leading to a 17% decline in Nvidia's stock and a more than 20% plunge in AI infrastructure shares. It also led to a $600 billion drop in Nvidia's market capitalization.



Earlier this month, in an interview, Nvidia CEO Jensen Huang addressed <a href="https://in.benzinga.com/25/02/43876025/nvidia-ceo-attributed-the-deepseek-led-sell-off-to-investor-misconception-on-ai-spending-obviously-that-paradigm-is-wrong">investor concerns</a>, attributing the sell-off to misconceptions about AI infrastructure spending.



Price Action: In after-hours trading, Nvidia rose 0.51%, reaching $130.95 at the time of publication, according to <a href="http://pro.benzinga.com/">Benzinga Pro</a>.



Image via Shutterstock



Read Next:



<ul>
<li><a href="https://in.benzinga.com/media/25/02/43646042/elon-musks-97-4-billion-openai-takeover-bid-reportedly-not-received-by-chatgpt-parent-another-one-of-his-tactics-says-sam-altman" target="_blank" rel="noreferrer noopener">Elon Musk&#8217;s $97.4 Billion OpenAI Takeover Bid Reportedly Not Received By ChatGPT Parent: ‘Another One Of His Tactics,&#8217; Says Sam Altman</a></li>
</ul>



Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Tech

BABA

TCEHY

Nvidia Sees Rush For H20 AI Chip Orders As DeepSeek Disrupts AI Market— Tencent, Alibaba, ByteDance Fuel Demand Surge

On Monday, Cathie Wood&#8216;s Ark Invest made a significant purchase of Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) shares. This acquisition comes as Amazon continues its robust performance in the e-commerce sector, with analysts projecting further growth. The move aligns with recent insights highlighting Amazon&#8217;s potential as a leading player in the industry.



The Amazon Trade 



Ark Invest&#8217;s Ark Fintech Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#NYSE">ARKF</a>) fund acquired 2,549 shares of Amazon.This purchase is valued at approximately $542,197, reflecting Amazon&#8217;s closing price of $212.71 on the same day. 



The acquisition comes amid a backdrop of positive analyst sentiment and strategic investments in Amazon. According to a <a href="https://in.benzinga.com/analyst-ratings/analyst-color/25/02/43847764/amazon-tightens-grip-e-commerce-accelerates-jpmorgans-best-idea-2025">recent report</a>, JPMorgan analyst Doug Anmuth highlighted Amazon as his &#8220;Best Idea&#8221; for 2025, citing an expected acceleration in U.S. e-commerce growth.



Furthermore,&nbsp;<a href="https://www.benzinga.com/25/02/43875453/valueact-bets-119-million-on-amazon-as-analysts-see-25-upside-whats-driving-jeff-bezos-e-commerce-gianthttps://in.benzinga.com/25/02/43880110/james-bond-franchise-shifts-hands-to-amazon-mgm-studios">ValueAct Holdings</a>&nbsp;recently invested $119 million in Amazon, reflecting confidence in the company&#8217;s strategic direction. This investment aligns with Amazon&#8217;s reported fourth-quarter net sales of $187.8 billion, surpassing analyst expectations and marking a 10% year-over-year increase. These developments underscore Amazon&#8217;s strong market position and potential for continued growth.



Other Key Trades:



<ul>
<li>Deere &amp; Co: Ark Invest&#8217;s ARKK fund purchased 10,271 shares.</li>



<li>Iridium Communications Inc: ARKK fund acquired 108,803 shares,</li>



<li>Datadog Inc: ARKW fund bought 15,597 shares.</li>
</ul>



Image via Shutterstock



Read Next: 



<ul>
<li><a href="https://www.benzinga.com/general/entertainment/25/02/43929332/palantir-ceo-alex-karp-has-new-book-out-about-silicon-valley-a-moment-of-reckoning-has-arrived-for-the-west">Palantir CEO Alex Karp Has New Book Out About Silicon Valley: &#8216;A Moment Of Reckoning Has Arrived For The West&#8217;</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>

Equities

ETFs

AMZN

ARKF

Cathie Wood's Ark Invest Makes Amazon Bet in Monday Market Splash

Hims &amp; Hers Health Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIMS#NYSE">HIMS</a>) reported its fourth-quarter results after Monday's closing bell. Here's a look at the key <a href="https://www.benzinga.com/pressreleases/25/02/b43925670/hims-hers-health-inc-reports-fourth-quarter-and-full-year-2024-financial-results">figures from the quarter. </a>



The Details: Hims &amp; Hers Health reported quarterly GAAP earnings of 11 cents per share, which met the analyst consensus estimate. Quarterly revenue came in at $481.14 million, which beat the analyst consensus estimate of $470.31 million and is an increase over revenue of $246.62 million from the same period last year.



Hims &amp; Hers subscribers grew to 2.2 million, up 45% year-over-year in 2024. Gross margin was 77% for the fourth quarter of 2024 compared to 83% for the fourth quarter of 2023.



Read Next: <a href="https://www.benzinga.com/general/market-summary/25/02/43920295/palantir-extends-losses-microsoft-slides-whats-driving-markets-monday">Palantir Extends Losses, Microsoft Slides: What&#8217;s Driving Markets Monday?&nbsp;</a>



&#8220;2024 was a fantastic year at Hims and Hers as we continue to build a platform that leverages personalization and technology unlike any traditional healthcare system,&#8221; said Andrew Dudum, Hims &amp; Hers Health CEO. 



&#8220;Over 2 million subscribers now entrust Hims &amp; Hers to aid them in their journey to better health — with thousands more joining daily,&#8221; Dudum added.



Outlook: For the first quarter of 2025, Hims and Hers expects revenue of $520 million to $540 million and adjusted EBITDA of $55 million to $65 million, reflecting an adjusted EBITDA margin of 11% to 12%.



For the full year 2025, the company expects revenue of $2.3 billion to $2.4 billion and adjusted EBITDA of $270 million to $320 million, reflecting an adjusted EBITDA margin of 12% to 13%.



HIMS Price Action: According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Hims &amp; Hers Health shares are down 17.66% after hours at $42.25 Monday.  



Read Next:<a href="https://www.benzinga.com/government/regulations/25/02/43903335/financial-crime-weekly-1-4-billion-ethereum-stolen-in-largest-crypto-hack-ever-sec-creates-cyber-and-emerging-technologies-unit">&nbsp;</a>



<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/02/43903335/financial-crime-weekly-1-4-billion-ethereum-stolen-in-largest-crypto-hack-ever-sec-creates-cyber-and-emerging-technologies-unit">Financial Crime Weekly: $1.4 Billion Ethereum Stolen In Largest Crypto Hack Ever, SEC Creates Cyber And Emerging Technologies Unit</a></li>
</ul>



Image: Shutterstock

Earnings

Health Care

General

HIMS

Hims & Hers Health Stock Drops After Q4 Report: EPS In-Line, Revenues Beat

A new book from Palantir Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) CEO and co-founder Alex Karp has a unique take on the company's role and how Silicon Valley lost its way. The timing of the book launch comes as Palantir stock has soared in the past year.



What Happened: Karp and Palantir's Head of Corporate Affairs Nicholas Zamiska co-authored the new book, "The Technological Republic: Hard Power, Soft Belief, and the Future of the West," which serves as a manifesto of sorts about the data analytics company.



In the book, Karp and Zamiska say, "Silicon Valley has lost its way," as <a href="https://techcrunch.com/2025/02/23/palantir-ceos-new-book-says-silicon-valley-has-lost-its-way/?guccounter=1">reported </a>by TechCrunch.



The book <a href="https://techrepublicbook.com/?gad_source=1&amp;gbraid=0AAAAA-5oD3wY2yT2cnjhljB0Fm1UdHSfg&amp;gclid=Cj0KCQiAq-u9BhCjARIsANLj-s3GDb2MOQ6TeLvEK0DnyL_wX06AkWQqEwpIreM1pRZsx7JtHMSobXYaAoTEEALw_wcB">dives </a>into the close relationship between technology companies in Silicon Valley and the U.S. government and how that helped with the growth of the area.



The duo said the government is now developing new technology with companies in the private sector and Silicon Valley is "focusing its energy on narrow consumer products."



Today's Silicon Valley looks different with dominance of the region belonging to online advertising and shopping, video-sharing platforms and social media, the duo writes.



"A generation of talent has been led astray. And a moment of reckoning has arrived for the West."



The book's description says items such as "timid leadership" and "intellectual fragility" have made the U.S. vulnerable to global threats.



Read Also: <a href="https://www.benzinga.com/news/management/24/09/40862198/palantir-ceo-offers-radical-take-on-national-security-touch-an-american-and-well-inflict-pain-on-">Palantir CEO Offers &#8216;Radical&#8217; Take On National Security: &#8216;Touch An American And We&#8217;ll Inflict Pain On You For Generations&#8217;</a>



Why It's Important: The book seeks to make a difference in the shift and regain the rise of Silicon Valley.



"The software industry should rebuild its relationship with government and redirect its effort and attention to constructing the technology and artificial intelligence capabilities that will address the most pressing challenges that we collectively face."



The authors say the government must also embrace the Silicon Valley mindset once again for both items to be successful.



The book's release timing comes after Donald Trump was sworn in as president in January.



Some reviewers of the book question the timing of the book and whether it came before Trump won the 2024 election.



Karp previously<a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/24/09/40795608/palantirs-s-p-500-journey-rebel-tech-giant-transforms-into-frankenstein-monster-powere"> addressed Palantir's unique path </a>of becoming a component of the S&amp;P 500. Karp&nbsp;<a href="https://www.youtube.com/watch?v=8o_lK7-133Q" target="_blank" rel="noreferrer noopener">emphasized&nbsp;</a>how Palantir&#8217;s unique approach, centered on building exceptional products, has been key to its success.



&#8220;We built the best products in the world. We started off in one area of the West Clandestine Services. We migrated into the military, into Spec Ops in the U.S. commercial and into us into commercial globally,&#8221; Karp explained.



Karp said some analysts thought Palantir was a "Frankenstein monster powered by a freak show leader" before becoming a profitable company.



PLTR Price Action: Palantir stock closed Monday down 10.53% at $90.68. Palantir stock is up over 280% in the last year.



Read Next: 



<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/02/43806845/palantir-ceo-alex-karp-backs-elon-musks-government-efficiency-efforts-calls-him-most-important-builder">Palantir CEO Alex Karp Backs Elon Musk&#8217;s Government Efficiency Efforts, Calls Him &#8216;Most Important Builder&#8217;</a></li>
</ul>



Photos: Courtesy Crown Currency; Shutterstock

Entertainment

Management

PLTR

Palantir CEO Alex Karp Has New Book Out About Silicon Valley: 'A Moment Of Reckoning Has Arrived For The West'

President Donald Trump reaffirmed on Monday that his administration will proceed with tariffs on imports from Canada and Mexico, despite concerns over its economic impact. The decision, initially delayed by a month, is set to take effect next week, marking a significant shift in <a href="https://www.benzinga.com/topic/tariffs">North American trade relations.</a>



What Happened: Trump reiterated his stance on tariffs at the White House press conference, claiming that foreign nations have unfairly benefited from U.S. trade policies. He emphasized the necessity of reciprocal tariffs as a corrective measure, stating, &#8220;So the tariffs will go forward, yes, and we're going to make up a lot of territory,&#8221; CNBC <a href="https://www.cnbc.com/2025/02/24/trump-says-tariffs-on-canada-and-mexico-will-go-forward.html">reported</a>.



The tariffs, covering all imported goods from Mexico and Canada, target two of the U.S.&#8217;s largest trading partners. In 2023, the U.S. imported $480 billion worth of goods from Mexico and $429.6 billion from Canada, underscoring the extensive <a href="https://www.benzinga.com/economics/macro-economic-events/25/01/433981">economic ties between the nations.</a>



Also Read: <a href="https://www.benzinga.com/etfs/specialty-etfs/25/02/43924482/exclusive-3-etfs-positioned-for-microsofts-quantum-breakthrough">EXCLUSIVE: 3 ETFs Positioned For Microsoft&#8217;s Quantum Breakthrough</a>



Analysts warn that these tariffs could severely disrupt supply chains, particularly in the automotive and industrial sectors. Major automakers like 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>) may be among the hardest hit. The added costs could lead to higher vehicle prices or force manufacturers to absorb the impact, squeezing profit margins.



Why It Matters: The economic implications could extend beyond corporate boardrooms. Goldman Sachs estimates that GDP in Canada and Mexico could decline by up to 4%, while the U.S. may experience inflationary pressure, with core personal consumption expenditures rising by 0.7%. 



Read Next:



<ul>
<li><a href="https://www.benzinga.com/markets/25/02/43906811/trump-reportedly-warns-big-pharma-move-manufacturing-to-us-or-face-tariffs">Trump Reportedly Warns Big Pharma: Move Manufacturing To US Or Face Tariffs</a></li>
</ul>



Photo: Shutterstock

Government

Politics

Global

Trump Confirms Tariffs On Canada, Mexico Will Take Effect As Planned

Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) has set the investment world abuzz with the announcement of its first-of-a-kind <a href="https://www.benzinga.com/25/02/43844926/quantum-computing-stocks-rgti-qubt-ionq-qbts-cheer-microsofts-majorana-1-launch-satya-nadella-calls-it-a-physics-and-fabrication-breakthrough">quantum chip, Majorana 1</a>. As excitement builds around the breakthrough, ETFs with <a href="https://www.benzinga.com/etfs">exposure to quantum computing</a> and semiconductor advancements are drawing increased investor interest.



Investors looking to capitalize on the quantum computing revolution can explore several ETFs with exposure to key players in this space.



Defiance Quantum ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QTUM#NYSE">QTUM</a>)



QTUM provides exposure to companies engaged in quantum computing, AI, and machine learning. With holdings in Microsoft, IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>), and Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), it is well-positioned to benefit from advancements in quantum technology.



Defiance ETFs CEO Sylvia Jablonski highlighted how Majorana 1 has already driven investor interest in QTUM. "The good thing about that ETF is it holds the large-cap, quality, balance-sheet-established players like MSFT but mixes in pure plays like IonQ and Rigetti as well."



Also Read: <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/02/43854334/microsofts-quantum-leap-will-majorana-1-lift-msft-stock">Microsoft&#8217;s Quantum Leap: Will Majorana 1 Lift MSFT Stock?</a>



Global X Artificial Intelligence &amp; Technology ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIQ#NASDAQ">AIQ</a>)



AIQ invests in firms at the forefront of AI and computational advancements, including Microsoft. With quantum computing playing a crucial role in AI's evolution, the fund could see increased investor interest.



VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>)



While primarily focused on <a href="https://www.benzinga.com/topic/semiconductors">semiconductor companies</a>, SMH includes exposure to firms developing quantum computing hardware. Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Qualcomm (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) and Broadcom are among its top holdings. Given that quantum computing relies on advanced semiconductor technology, any advancements in this sector could indirectly boost the ETF.



Sylvia Jablonski on the ETF Impact of Microsoft's Majorana 1



Jablonski weighed in on the implications of Microsoft's quantum computing advancement, emphasizing its significance for ETFs in the space.



Satya Nadella, Microsoft's Chairman and CEO, described the chip as a "physics and fabrication breakthrough" rather than a pure quantum computing leap. He compared it to the transistor moment of quantum computing, a milestone that could pave the way for the technology's practical application.



Jablonski reinforced this view, stating, "He's saying that we are at a key inflection point where quantum computing transitions from being experimental to practical and scalable. It reminds me of the ChatGPT moment."



Jablonski believes that Microsoft's breakthrough could have lasting implications. "Microsoft's breakthrough accelerates quantum error correction and scalability. It could lead to sustained confidence in the sector. When you have quality companies like Alphabet, Microsoft, and IBM blessing these innovations, that bodes well for the consumer and his or her sentiment on the quantum sector."



According to Jablonski, QTUM ETF balances both risk and reward effectively. "We have both—having the large caps serves as a ballast for risk on volatility on the small caps."



Also Read: <a href="https://www.benzinga.com/trading-ideas/technicals/25/02/43885743/microsofts-quantum-leap-hits-a-technical-snag-death-cross-looms-large">Microsoft&#8217;s Quantum Leap Hits A Technical Snag: Death Cross Looms Large</a>



Are We Closer to Real-World Applications?



Jablonski sees practical applications emerging sooner than skeptics expect. "Microsoft's error correction claims, if validated, represent significant progress. Quantum computing is already used in certain workflows, risk analysis, supply chain, and logistics cases."



Beyond quantum computing, AI-driven ETFs are seeing strong momentum, particularly in automation, robotics, and generative AI. "We also think that 6G and the future of tech connectivity will be a big topic this year," Jablonski noted.



The Road Ahead



Although high error rates and commercialization challenges still limit quantum computing's immediate applications, Microsoft's Majorana 1 chip signals a major step forward. With ETFs offering a diversified approach to investing in this space, investors can position themselves to benefit from the quantum computing revolution while mitigating risks associated with individual stocks.



Read Next: 



<ul>
<li><a href="https://www.benzinga.com/25/02/43922550/politics-meets-profit-defiance-etfs-files-for-mag7-themed-etf-magt">Defiance Seeks SEC Approval For ETF Tied To Trump Policies: &#8216;You Could Have A Nice Run, But&#8230;&#8217;</a></li>
</ul>



Photo: Shutterstock

Specialty ETFs

Exclusives

ARKQ

GOOG

GOOGL

MSFT

QCOM

QTUM

EXCLUSIVE: 3 ETFs Positioned For Microsoft's Quantum Breakthrough

Movie theater company AMC Entertainment Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) could get a boost from "Wicked" when it reports fourth-quarter financial results Tuesday <a href="https://www.benzinga.com/earnings">after market close.</a>



 Earnings Estimates: Analysts expect AMC Entertainment Holdings to report fourth-quarter revenue of $1.30 billion, up from $1.10 billion in last year's fourth quarter according to data <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent022425&amp;t=be2bearmibe3na1">from Benzinga Pro</a>.



The company beat analyst estimates in the third quarter and beat estimates in nine of the past 10 quarters overall.



Analysts expect the company to report a loss of 18 cents per share in the fourth quarter, an improvement from a loss of 54 cents per share in last year's fourth quarter.



The company beat analyst estimates for earnings per share in the third quarter and has in eight of the past 10 quarters overall.



Read Also:<a href="https://www.benzinga.com/general/entertainment/24/12/42750888/top-anticipated-2025-movies-for-big-screen-success-and-stocks-investors-should-watch"> Top Anticipated 2025 Movies For Big Screen Success And Stocks Investors Should Watch</a>



Key Items to Watch: AMC's fourth quarter will include the results from "Wicked," which grossed $432.9 million domestically in the quarter and went on to gross $472.8 million during its theatrical run. The movie also grossed over $250 million in international markets.



Fourth-quarter domestic box office was up 26.5% year-over-year to $2.35 billion according to data from <a href="https://www.boxofficemojo.com/quarter/q4/?grossesOption=calendarGrosses">BoxOfficeMojo</a>.



The quarter was led by "Wicked.&#8221; It also included "Moana 2," which grossed $404.0 million domestically in the quarter. The fourth quarter had seven movies that made $100 million or more domestically.



AMC previously <a href="https://investor.amctheatres.com/news-events/press-releases/detail/374/amc-theatres-welcomes-more-than-8-8-million-moviegoers-worldwide-wednesday-through-sunday-in-the-u-s-amc-sets-thanksgiving-holiday-period-records-for-attendance-admissions-revenue-food-and-beverage-revenue-and-total-revenue">reported</a> it broke records for its pre-Thanksgiving weekend and for several metrics, including attendance, admission revenue, food and beverage revenue and total revenue in the Thanksgiving (Wednesday through Sunday) weekend.



Those records will likely shine through in the company's quarterly results and come after the company reported a year-over-year decline in attendance in the third quarter. The third quarter witnessed a company record for food and beverage revenue per patron, which could be closely watched to see if the record is broken once again.



While much of the earnings report and commentary will be on the fourth quarter, the company will also provide a look ahead to the first quarter and 2025. AMC CEO Adam Aron has been extremely bullish on <a href="https://www.benzinga.com/news/earnings/24/11/41790068/amc-ceo-is-confident-and-optimistic-about-cinema-chains-future-as-q3-earnings-show-revenue-beat-rec">2025 and 2026 </a>in comments over the years as the movie theater segment continues to recover.



&#8220;We believe of much greater importance is our bullishness about the impressive movie slate that is coming to our theaters in November and December of 2024, and continuing in 2025 and again in 2026,&#8221; Aron said after third-quarter results.



JPMorgan and Goldman Sachs estimated 2025 North American box office will be $9.5 billion and $9.4 billion, respectively, up <a href="https://www.benzinga.com/general/entertainment/25/01/43067485/box-office-set-for-95-billion-2025-comeback-as-netflix-reshapes-industry">double digits from 2024.</a>



The first quarter included "Captain America: Brave New World," which has grossed $141.2 million domestically. The film is one of three Marvel movies coming in 2025.



Commentary on the first quarter and 2025 could ultimately determine which way AMC shares move in the after-hours market Tuesday.



AMC Price Action: AMC stock is down 2.48% to $3.35 on Monday versus a 52-week trading range of $2.38 to $11.88. AMC stock is down 16.5% year-to-date in 2025 and down 25% over the last year.



Read Next: 



<ul>
<li><a href="https://www.benzinga.com/general/entertainment/25/02/43789321/disney-latest-captain-america-film-opens-with-100m-can-marvel-magic-happen-three-times-in-2025">Disney&#8217;s Latest &#8216;Captain America&#8217; Film Opens With $100M: Can Marvel Magic Happen Three Times In 2025?</a></li>
</ul>



Photo: Shutterstock

Previews

AMC Entertainment Q4 Earnings Preview: Will Movie Theater Stock Have 'Wicked' Quarterly Results?

Crypto markets are under pressure on monday as Bitcoin struggles to reclaim $96,000. Sentiment remains weak amid <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43906580/would-you-believe-it-bybit-hacker-now-holds-more-eth-than-vitalik-buterin-and-the-ethereum-foundation">recent hacks</a> and <a href="https://in.benzinga.com/markets/cryptocurrency/25/02/43918143/bitcoin-stuck-in-90-day-consolidation-range-this-juncture-is-critical-bitfinex-analysts-say">ETF outflows</a>.



<figure class="wp-block-table"><table style="overflow:auto; height: 90px; display: block;"><tbody><tr><td>Cryptocurrency</td><td>Price&nbsp;&nbsp;&nbsp;</td><td>Gains +/-</td></tr><tr><td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>&nbsp;$94,042.60</td><td>-1.8%</td></tr><tr><td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td><td>&nbsp;$2,650.06</td><td>-5.6%</td></tr><tr><td>Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td><td>&nbsp;$149.96</td><td>-10.1%</td></tr><tr><td>XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)</td><td>&nbsp;$2.40</td><td>-5.4%</td></tr><tr><td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td><td>&nbsp;$0.2219</td><td>-7.7%</td></tr><tr><td>Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td><td>&nbsp;$0.00001423</td><td>-8%</td></tr></tbody></table></figure>



Notable Statistics:



<ul>
<li>IntoTheBlock data shows large transaction volume decreasing by 28.3% and daily active addresses falling by 19.9%. Transactions greater than $100,000 are down from 7,980 to 6,703 in a single day. Exchanges netflows are down by 80.7%.</li>



<li>Coinglass data reports 155,297 traders were liquidated in the past 24 hours for $390.87 million.</li>



<li>Crypto chart analyst Ali Martinez <a href="https://x.com/ali_charts/status/1894092177686339994">noted </a>capital inflows into the crypto market dropping by around 50% in the past 10 days, declining from $52 billion to $26.5 billion.</li>
</ul>



Notable Developments:



<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43920916/michael-saylor-presents-digital-assets-framework-to-sec-crypto-task-force">Michael Saylor Presents &#8216;Digital Assets Framework&#8217; To SEC Crypto Task Force</a></li>



<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43911115/grok-3-predicts-bitcoin-dominance-in-2025-projects-180000-price-target">Grok 3 Predicts Bitcoin Dominance In 2025, Projects $180,000 Price Target</a></li>



<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43914267/sec-drops-investigation-into-robinhoods-crypto-unit">SEC Drops Investigation Into Robinhood&#8217;s Crypto Unit</a></li>



<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43913122/strategy-acquires-20356-bitcoin-for-1-99-billion-boosts-2025-btc-yield-to-6-9">Strategy Acquires 20,356 Bitcoin For $1.99 Billion, Boosts 2025 BTC Yield To 6.9%</a></li>
</ul>



Top Losers:



<figure class="wp-block-table"><table style="overflow:auto; height: 90px; display: block;"><tbody><tr><td>Cryptocurrency</td><td>Price&nbsp;&nbsp;&nbsp;</td><td>Gains +/-</td></tr><tr><td>Raydium (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">RAY</a>)</td><td>&nbsp;$3.07</td><td>-26.9%</td></tr><tr><td>Hyperliquid (CRYPTO: HYPE)</td><td>&nbsp;$20.58</td><td>-12.7%</td></tr><tr><td>Optimism (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">OP</a>)</td><td>&nbsp;$1.05</td><td>-10.3%</td></tr></tbody></table></figure>



Trader Notes: With Bitcoin prices dropping, crypto trader Johnny warns that Bitcoin is entering a critical area, calling it a &#8220;bounce or die&#8221; moment.



<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/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> coming into a critical area here Bounce or die <a href="https://t.co/c5lwL5buzI">pic.twitter.com/c5lwL5buzI</a>&mdash; Johnny (@CryptoGodJohn) <a href="https://twitter.com/CryptoGodJohn/status/1894109596962173281?ref_src=twsrc%5Etfw">February 24, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Miles Deutscher <a href="https://x.com/milesdeutscher/status/1894032087344418838">noted </a>that peaks in the Dollar Index (DXY) have historically preceded BTC rallies, questioning if this is another key turning point. 



Crypto trader sees Bitcoin holding key support, suggesting that a reclaim of the blue range—potentially after dipping to $94,327—could pave the way for a move toward $97,000-$98,000.



<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/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> Hanging on for dear life here. But if we can reclaim the blue range (perhaps after tagging 94327) we have a shot at upside into 97, 98k <a href="https://t.co/CtG4kQ9ZAQ">pic.twitter.com/CtG4kQ9ZAQ</a>&mdash; CJ (@CJ900X) <a href="https://twitter.com/CJ900X/status/1894088784301424868?ref_src=twsrc%5Etfw">February 24, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Advising caution, Julio Moreno <a href="https://x.com/jjcmoreno/status/1894052714033606865">pointed</a> that out that Bitcoin demand has turned negative for the first time since last September, increasing the risk of further correction.



Read Next:&nbsp;



<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43908624/bitcoin-remains-stuck-below-96000-why-is-it-not-moving">Bitcoin Remains Stuck Below $96,000: Why Is It Not Moving?</a></li>
</ul>



Image: Shutterstock

$RAY

$SHIB

$XRP

Bitcoin, Ethereum, XRP, Dogecoin Slide Lower: 'BTC Coming Into A Critical Area – Bounce Or Die,' Trader Says

Conglomerate Berkshire Hathaway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>)(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) shares hit all-time highs Monday on the heels of the company's<a href="https://www.benzinga.com/25/02/43900955/berkshire-hathaways-q4-profits-soar-71-warren-buffett-says-his-firm-has-paid-more-taxes-than-tech-titans-in-trillions"> annual shareholder letter</a> from CEO Warren Buffett.



An analyst sees more upside ahead after the report.



The Berkshire Hathaway Analyst: Keefe, Bruyette &amp; Woods analyst Meyer Shields maintains a Market Perform rating and raised the price target on Class A shares (BRK-A) from $750,000 to $775,000.



You may not be a billionaire like Warren Buffett, but you can uncover hidden gems in the stock market using our proprietary data and pattern recognition — <a href="https://www.benzinga.com/trading-ideas/25/02/43900861/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-54">check out five stocks flying under the radar that deserve your attention.</a>



The Analyst Takeaways: Berkshire beat Street estimates for operating earnings per share in the fourth quarter, helped by higher-than-expected insurance underwriting and insurance income, Shields said in a new investor note.



The analyst said <a href="https://www.benzinga.com/trading-ideas/25/02/43893285/warren-buffetts-annual-shareholder-letter-arrives-saturday-could-investors-get-updates-on-apple-succession-new-investments">the insurance segment</a>, which included strong results from the company's GEICO division, was enough to offset lower-than-expected results from segments like railroads, utilities and energy.



For the consumer products segment, Jazwares was highlighted by the analyst as having lower revenue that offset gains for the company's apparel, footwear and Duracell brands inside the segment.



Shields raises 2025 earnings per share estimates based on higher insurance income.



"We expect the EPS beat and GEICO's strong underwriting results to boost BRK's shares on Monday," Shields said.



While Shields raised the price target, the market perform rating remains with the analyst saying items like ongoing macro uncertainty and the management succession risks potential negatives for the company.



"We don't recommend Berkshire's stock over broader indices."



The analyst is cautious on Berkshire's non-insurance units, which are more likely to have growth and margin expansion in 2026.



"We think that Berkshire's size and diversification point to broadly in-line performance with the S&amp;P 500."



Shields said Buffett's annual shareholder letter "was fairly short and contained little new information."



BRK-A Price Action: Berkshire stock is up 3.93% to $747,000 on Monday, hitting a new all-time high of $749,611.40 earlier in the trading session. The company is now valued at $1.07 trillion and passed Tesla Monday as the eighth highest-valued public company in the world.



Berkshire stock is up 21% over the last year, outpacing the 18.3% gain for the SPDR S&amp;P 500 ETF Trust, which tracks the S&amp;P 500.



Read Next: 



<ul>
<li><a href="https://www.benzinga.com/general/education/25/01/42832123/warren-buffett-beats-sp-500-in-2024-how-oracle-of-omahas-returns-compare-over-past-20-years">Warren Buffett Beats S&amp;P 500 In 2024, How Oracle Of Omaha&#8217;s Returns Compare Over Past 20 Years</a></li>
</ul>



Photo: Shutterstock

Analyst Color

Price Target

Reiteration

Analyst Ratings

Insurance

Berkshire Hathaway Stock Hits New All-Time Highs, Passes Tesla: Analyst Sees More Upside Ahead

U.S. House Judiciary Chair Jim Jordan (R-OH) on Sunday asked EU antitrust chief Teresa Ribera to clarify enforcement of the European Union&#8217;s regulations on Big Tech. Jordan also claimed the rules seem to target U.S. companies and give European<a href="https://www.benzinga.com/25/02/43442520/strong-iphone-upgrades-ai-features-and-services-growth-fuel-apples-momentum-bofa-analyst-says"> companies an advantage. </a>



The Details: A letter sent by Jordan and Rep. Scott Fitzgerald (R-WI), chairman of the subcommittee on the administrative state, regulatory reform and antitrust, criticized the EU's Digital Markets Act which aims to regulate tech giants like Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Alphabet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) and Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>). 



Read Next:<a href="https://www.benzinga.com/government/regulations/25/02/43903335/financial-crime-weekly-1-4-billion-ethereum-stolen-in-largest-crypto-hack-ever-sec-creates-cyber-and-emerging-technologies-unit"> Financial Crime Weekly: $1.4 Billion Ethereum Stolen In Largest Crypto Hack Ever, SEC Creates Cyber And Emerging Technologies Unit</a>



Jordan and Fitzgerald wrote in the letter seen by Reuters that the DMA regulations are burdensome to U.S.-based tech companies and give European companies an unfair advantage.&nbsp;



&#8220;We write to express our concerns that the DMA may target American companies,&#8221; Jordan and Fitzgerald stated.&nbsp;



The letter also criticized fines for DMA violations of up to 10% of global annual revenues. 



&#8220;These severe fines appear to have two goals: to compel businesses to follow European standards worldwide, and as a European tax on American companies,&#8221; Jordan and Fitzgerald said.



The congressmen urged Ribera to brief the House judiciary committee by March 10.



What Else: The move comes just two days after President Donald Trump signed a memorandum on Friday aimed at defending American companies from what he termed &#8220;overseas extortion.&#8221; 



The memo stated that U.S. &#8220;dominance is driven by cutting-edge American tech companies&#8221; and that foreign governments have taxed the success of US companies while having &#8220;failed to cultivate the economic success of their own.&#8221; 



Tech CEOs, including Meta&#8217;s Mark Zuckerberg, have spoken out against the EU antitrust regulations more forcefully since Trump has taken office. 



Zuckerberg recently appeared on &#8220;The Joe Rogan Experience&#8221; podcast, where <a href="https://www.benzinga.com/25/01/42931941/mark-zuckerberg-critiques-culturally-neutered-companies-advocates-for-masculine-energy-as-meta-cuts-dei-programs-post-joe-rogan-appearance">he characterized </a>the past &#8220;10 years&#8221; of EU regulatory measures as &#8220;censorship&#8221; and said &#8220;the U.S. government has a role in basically defending [the U.S. tech industry] abroad.&#8221;



Read Next:<a href="https://www.benzinga.com/25/02/43836832/trump-administration-orders-sweeping-pentagon-cuts-defense-sector-stocks-on-watch">&nbsp;</a>



<ul>
<li><a href="https://www.benzinga.com/25/02/43836832/trump-administration-orders-sweeping-pentagon-cuts-defense-sector-stocks-on-watch">Trump Administration Orders Sweeping Pentagon Cuts: Palantir, Lockheed Martin, General Dynamics Among Stocks On Watch</a></li>
</ul>



Image: Shutterstock

Large Cap

Social Media

Eurozone

US Lawmakers Demand EU Clarify Big Tech Regulations That 'May Target American Companies'

The major indices struggled to maintain early momentum on Monday, but appear to climbing back with the S&amp;P 500 and Dow Jones both green<a href="https://www.benzinga.com/markets/forex/25/02/43908232/asia-and-europe-markets-mixed-futures-rebound-ahead-of-nvidia-earnings-global-markets-today-while-us-slept"> in midday trading.&nbsp;</a>



Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) shares fell 1.05%, reaching a 28-week low of $399.62, following reports that the company<a href="https://www.benzinga.com/25/02/43917474/microsoft-cancels-major-data-center-leases-raises-questions-on-ai-expansion-strategy"> canceled leases</a> for data center capacity in the U.S. Other tech giants also faced pressure with Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) dropping 1.33%, Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) declining 0.34% and Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) falling 1.55%.



In contrast, Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) shares bucked the trend, rising approximately 1% after <a href="https://www.benzinga.com/25/02/43912279/apples-500-billion-bet-is-the-stock-ready-to-shine-or-stumble">announcing plans</a> for a $500 billion investment in the US over the next four years, along with the creation of 20,000 new jobs.



Read Next:<a href="https://www.benzinga.com/government/regulations/25/02/43903335/financial-crime-weekly-1-4-billion-ethereum-stolen-in-largest-crypto-hack-ever-sec-creates-cyber-and-emerging-technologies-unit"> Financial Crime Weekly: $1.4 Billion Ethereum Stolen In Largest Crypto Hack Ever, SEC Creates Cyber And Emerging Technologies Unit</a>



Investors are closely watching NVIDIA Corp.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) upcoming quarterly earnings report, scheduled for release on Wednesday. The chipmaker&#8217;s stock was down about 0.4% ahead of the announcement.&nbsp;



Natural gas futures fell more than 6% toward $43.9/MMBtu, retreating from a 25-month high reached last week after prices surged more than 16% as Arctic air increased demand and reduced supply.&nbsp;



Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) was down slightly Monday and remains range-bound near the $95,000 level.&nbsp;



<h1 class="wp-block-heading">Monday&#8217;s Performance In Major U.S. Indices, ETFs</h1>



<figure class="wp-block-table"><table style="overflow:auto; height: 90px; display: block;"><tbody><tr><td>Major Indices</td><td>Price</td><td>1 day % chg.</td></tr><tr><td>Nasdaq 100</td><td>19,463.98</td><td>-0.31%</td></tr><tr><td>S&amp;P 500</td><td>6,022.48</td><td>0.16%</td></tr><tr><td>Dow Jones</td><td>43,612.15</td><td>0.42%</td></tr><tr><td>Russell 2000</td><td>2,191.65</td><td>-0.17%</td></tr></tbody></table></figure>



According to Benzinga Pro data:



<ul>
<li>The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) was up 0.23% to $601.32.&nbsp;</li>



<li>The SPDR Dow Jones Industrial Average (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) climbed 0.51% at $436.31.&nbsp;</li>



<li>The tech-heavy Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) dipped 0.22% to $524.94.&nbsp;</li>



<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) eased 0.06% to $217.67.&nbsp;</li>



<li>The Consumer Discretionary Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) was up 0.17% to $218.77.</li>



<li>The Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) rose 0.45% to $91.34.&nbsp;&nbsp;</li>
</ul>



<h1 class="wp-block-heading">Monday's Stock Movers</h1>



Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) shares continued to sell off, extending losses to more than 22% over the past five sessions. Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) shares also extended their losing streak to six straight sessions, down 3% in midday trading.&nbsp;



Stocks reacting to company earnings reports included:&nbsp;



<ul>
<li>Domino's Pizza Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NASDAQ">DPZ</a>)&nbsp;</li>



<li>Gran Tierra Energy Inc. (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GTE#AMEX">GTE</a>)&nbsp;</li>



<li>Kosmos Energy Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KOS#NYSE">KOS</a>)&nbsp;</li>



<li>Summit Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMMT#NASDAQ">SMMT</a>)</li>



<li>Hovnanian Enterprises, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HOV#NYSE">HOV</a>)</li>
</ul>



Companies reporting after Monday's closing bell include:&nbsp;



<ul>
<li>Bridge Investment Group Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRDG#NYSE">BRDG</a>)</li>



<li>Diamondback Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FANG#NASDAQ">FANG</a>)&nbsp;</li>



<li>Viper Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNOM#NASDAQ">VNOM</a>)&nbsp;</li>



<li>Hims &amp; Hers Health, Inc. &nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIMS#NYSE">HIMS</a>)</li>



<li>Zoom Communications Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>)</li>



<li>Riot Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>)&nbsp;</li>



<li>Cleveland-Cliffs Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>)&nbsp;</li>



<li>Chegg Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHGG#NYSE">CHGG</a>)&nbsp;</li>
</ul>



Read Next:<a href="https://www.benzinga.com/25/02/43836832/trump-administration-orders-sweeping-pentagon-cuts-defense-sector-stocks-on-watch">&nbsp;</a>



<ul>
<li><a href="https://www.benzinga.com/25/02/43836832/trump-administration-orders-sweeping-pentagon-cuts-defense-sector-stocks-on-watch">Trump Administration Orders Sweeping Pentagon Cuts: Palantir, Lockheed Martin, General Dynamics Among Stocks On Watch</a></li>
</ul>



Image: Shutterstock

Market Summary

Sector ETFs

Broad U.S. Equity ETFs

Commodities

AAPL

AVGO

BRDG

CHGG

FANG

HOOD

RIOT

SMMT

TSLA

VNOM

Palantir Extends Losses, Microsoft Slides: What's Driving Markets Monday?

Coffee giant Starbucks Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) shares are<a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener"> trading higher</a> on Monday.



The company is implementing significant <a target="_blank" href="https://about.starbucks.com/press/2025/message-from-brian-global-support-partner-announcement/" rel="noreferrer noopener">organizational </a>changes as part of its &#8220;Back to Starbucks&#8221; initiative, aimed at streamlining operations and preparing the company for future growth.



The company announced that it would eliminate 1,100 support roles, along with several hundred additional unfilled positions.



Starbucks CEO Brian Niccol recognized the challenges of the decision. The company stressed its dedication to assisting impacted employees, offering a thorough severance package that includes career transition support.



Also Read: <a target="_blank" href="https://www.benzinga.com/25/02/43911212/tiktok-collaboration-powers-connexas-new-mena-strategy-stocks-skyrocket" rel="noreferrer noopener">TikTok Collaboration Powers Connexa&#8217;s New MENA Strategy</a>



Alongside the layoffs, Starbucks is reworking its leadership framework. Effective immediately, vp+ leaders located in North America will be expected to work from the company&#8217;s Seattle (U.S.) or Toronto (Canada) offices at least three days a week.



Meanwhile, partners working remotely in director and below roles will keep their remote status.



Brian Niccol, who took over as the CEO last year, is working to&nbsp;reinforce Starbucks&#8217; premium image by <a target="_blank" href="https://www.benzinga.com/news/24/10/41312974/starbucks-shifts-strategy-fewer-deals-more-focus-on-quality-coffee-and-holiday-favorites" rel="noreferrer noopener">reducing discounts, aiming to improve in-store experiences.</a>



Recently, Starbucks reported first-quarter revenue of $9.4 billion and earnings of 69 cents per share, both well <a target="_blank" href="https://www.benzinga.com/general/restaurants/25/01/43288533/starbucks-q1-earnings-revenue-beat-eps-beat-memberships-up-1-positive-response-to-turnaround-efforts" rel="noreferrer noopener">above the consensus estimate</a>.



Price Action: SBUX shares are trading higher by 1.5% at $113.43 at the last check Monday.



Read Next:



<ul>
<li><a href="https://www.benzinga.com/25/02/43909695/dominos-pizza-posts-q4-earnings-below-estimates-stock-falls" target="_blank" rel="noreferrer noopener">Domino&#8217;s Pizza Q4 Same Store Sales Growth Lags, Proposes 15% Dividend Hike</a></li>
</ul>



Image via Shutterstock.

SBUX

Starbucks Lays Off 1,100 Corporate Employees In Major Restructuring

Streaming platform company Roku Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) has watched its revenue soar over the past five years as the company diversified into new areas and markets. While revenue went up, the stock price has declined, even after recently beating analyst estimates for earnings per share and revenue in <a href="https://www.benzinga.com/news/earnings/25/02/43713227/roku-shares-rally-after-better-than-expected-q4-results-details">the fourth quarter.</a>



What Happened: Roku passed several milestones in its fourth-quarter financial results, likely helping with analysts'<a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/02/43743230/rokus-growth-surges-analysts-raise-price-targets-as-company-expands-ad-reach"> bullish take on the stock.</a>



The company passed the $1 billion milestone for platform revenue in the quarter, Roku's first quarter to hit the milestone. Roku also reported that its total revenue hit $4 billion for the full fiscal year &#8211; a company first.



In fiscal 2019, Roku's annual revenue hit $1 billion for the first time, a milestone highlighted by Alex Morris in The Science of Hitting <a href="https://thescienceofhitting.com/p/roku-a-global-opportunity?utm_campaign=email-post&amp;r=2e06bw&amp;utm_source=substack&amp;utm_medium=email">newsletter</a>. Roku ended 2019 at around $134 per share and today, despite the higher revenue, trades at around $89.



Helping to boost revenue include items like the company's active accounts up around 145% to ~90 million and a higher per user monetization of ~$42, which is up around 80% over the last five years.



"I think some of the optimism that previously accompanied Roku's stock – not to say there's no optimism embedded into today's valuation – was reflective of their global ambitions," Morris said.



Morris said Roku CEO Anthony Wood previously highlighted the streaming global opportunity of one billion households worldwide, which may have prompted optimism for shares previously.



Today, Roku receives the majority of their revenue from the United States and Canada. Morris said this could be why the investment case for Roku has shifted and evolved over the last five years.



"The focus is shifting to the economic opportunity that exists within the business as it is today: the value that Roku can generate from ‘programming' the TV home screen for tens of millions of U.S. households."



Morris said the new key performance indicators are effective monetization like revenue per hour of platform viewership and growth of the company's ad-supported The Roku Channel. Both of these figures have shown strength in recent quarters, Morris added.



The Roku Channel has doubled its market share of U.S. TV time in the past year to 2.1%, ahead of Paramount+, Peacock and Max.



Read Also: <a href="https://www.benzinga.com/analyst-ratings/initiation/25/01/43102452/roku-analyst-sees-25-upside-as-tv-ad-dollars-go-digital">Roku Analyst Sees 25% Upside As TV Ad Dollars Go Digital</a>



What's Next: Morris said one of the key questions moving forward is whether Roku can continue to drive its operating costs lower



"Roku has made progress against its financial objectives, most importantly on Platform revenues and OpEx efficiency," Morris said.



He added that said sustaining U.S. leadership and improving monetization are other key areas to watch going forward.



"Overall, I'm optimistic that Roku is on the necessary trajectory to achieve those outcomes in the years ahead."



ROKU Price Action: Roku stock is down 0.9% to $88.06 on Monday versus a 52-week trading range of $48.33 to $104.96. Roku stock is up 37% over the last year.



Read Next: 



<ul>
<li><a href="https://www.benzinga.com/25/01/42847980/roku-surpasses-90m-streaming-households-in-early-january-2025-whats-going-on">Roku Surpasses 90M Streaming Households in Early January 2025: What&#8217;s Going On?</a></li>
</ul>



Photo: Shutterstock

Media

ROKU

Streaming Stock's Revenues Quadrupled, But Shares Dropped 35% - Analyst Thinks He Knows Why

The German federal election held on Sunday resulted in a victory for the conservative CDU/CSU alliance led by Friedrich Merz, who secured 28.5% of the vote. Germany's bluechip DAX index rallied as much as 0.8% on Monday before paring some of its gains, as investors <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/02/43907808/wall-street-looks-to-bounce-back-after-fridays-rough-ride-triggered-by-consumer-sentiment-analyst-says-we-continue-to-place-our-bets-on-economys-resilience">digested the election results.&nbsp;</a>



What To Know: Investors reacted positively to the election results which came in as anticipated.&nbsp;



&#8220;There is an immediate relief that there were no big nasty surprises in the election outcome, and a centrist-leaning government will persist and could even pivot more towards business and investment friendly policies,&#8221; said Charu Chanana, Saxo&#8217;s chief investment strategist, per Reuters. 



Read Next:<a href="https://www.benzinga.com/government/regulations/25/02/43903335/financial-crime-weekly-1-4-billion-ethereum-stolen-in-largest-crypto-hack-ever-sec-creates-cyber-and-emerging-technologies-unit"> Financial Crime Weekly: $1.4 Billion Ethereum Stolen In Largest Crypto Hack Ever, SEC Creates Cyber And Emerging Technologies Unit</a>



The conservatives will most likely form a two-party coalition with the Social Democrats, which could lead to easier policymaking than under the outgoing three-party coalition.&nbsp;



The euro briefly touched one-month highs on Monday, but have since retreated as investors see complications ahead.&nbsp;



Negotiations needed to form a coalition could be extended and the far-right AfD and the Left Party jointly secured a third of the seats, which could lead to challenges to potential reforms to the debt brake and other policies.



&#8220;Participants are hence paring back their expectations of significant fiscal stimulus being delivered in short order,&#8221; Pepperstone strategist Michael Brown said, per Reuters.&nbsp;



ETFs To Watch: The Global X DAX Germany ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAX#NASDAQ">DAX</a>), tracking Germany's DAX index, rose 1.01% and the iShares MSCI Germany Index Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWG#NYSE">EWG</a>) was up 1.34% in premarket trading Monday.&nbsp;



Read Next:<a href="https://www.benzinga.com/25/02/43836832/trump-administration-orders-sweeping-pentagon-cuts-defense-sector-stocks-on-watch">&nbsp;</a>



<ul>
<li><a href="https://www.benzinga.com/25/02/43836832/trump-administration-orders-sweeping-pentagon-cuts-defense-sector-stocks-on-watch">Trump Administration Orders Sweeping Pentagon Cuts: Palantir, Lockheed Martin, General Dynamics Among Stocks On Watch</a></li>
</ul>



Image: Shutterstock

Emerging Market ETFs

German Markets Breathe Sigh Of Relief After Election Results: 2 ETFs To Watch

On Monday, Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) <a target="_blank" href="https://www.benzinga.com/topic/artificial-intelligence" rel="noreferrer noopener">committed over $500 billion</a> in investment in the U.S. over the next four years to support initiatives including artificial intelligence silicon engineering.



CEO Tim Cook noted that Apple is doubling its advanced manufacturing fund to build advanced technology in Texas.



The $500 billion commitment includes Apple Intelligence infrastructure, data centers, and Apple TV+ productions.



Also Read: <a target="_blank" href="https://www.benzinga.com/25/02/43908370/amd-reshapes-strategy-plans-4-billion-data-center-asset-sale-while-doubling-down-on-gpus" rel="noreferrer noopener">AMD Reshapes Strategy, Plans $4 Billion Data Center Asset Sale While Doubling Down on GPUs</a>



In the next four years, Apple plans to hire around 20,000 people, most of whom will focus on R&amp;D, silicon engineering, software development, <a target="_blank" href="https://www.apple.com/newsroom/2025/02/apple-will-spend-more-than-500-billion-usd-in-the-us-over-the-next-four-years/" rel="noreferrer noopener">AI, and machine learning</a>.



Apple is doubling its U.S. advanced manufacturing fund from $5 billion to $10 billion. The fund&#8217;s expansion includes a multibillion-dollar commitment from Apple to produce advanced silicon in Taiwan Semiconductor Manufacturing Co&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) Fab 21 facility in Arizona.



Apple is the largest customer at this facility, employing over 2,000 workers. Mass production of Apple chips began in January.



Apple&#8217;s investments in the sector help create thousands of jobs across the country at U.S. companies like Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Texas Instruments Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>), Skyworks Solutions Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWKS#NASDAQ">SWKS</a>), and Qorvo Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QRVO#NASDAQ">QRVO</a>).



Apple and its partners will launch a new advanced manufacturing facility in Houston to produce servers that support Apple Intelligence.



Apple will also double its U.S. advanced manufacturing fund, create an academy in Michigan to train the next generation of U.S. manufacturers and grow its research and development investments in the U.S.



Apple will work with manufacturing partners to begin production of servers in Houston later this year. A 250,000-square-foot server manufacturing facility, likely to open in 2026, will create thousands of jobs.



Previously manufactured outside the U.S., the servers that will soon be assembled in Houston play a key role in powering Apple Intelligence and are the foundation of private cloud computing for AI cloud computing.



As Apple brings Apple Intelligence to customers across the U.S., it plans to expand its data center capacity in North Carolina, Iowa, Oregon, Arizona, and Nevada.



Apple&#8217;s <a target="_blank" href="https://www.benzinga.com/25/02/43727973/taiwan-semiconductor-eyes-us-expansion-amid-taiwans-push-for-bigger-investments-and-advanced-chip-production" rel="noreferrer noopener">move coincides with</a> President Donald Trump&#8217;s urgency to consolidate the U.S.&#8217;s domestic semiconductor manufacturing position, prompting chipmakers like Taiwan Semiconductor to ramp up production there.



Apple&#8217;s Big Tech peers, including Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), <a target="_blank" href="https://www.benzinga.com/government/regulations/25/02/43879488/taiwan-semiconductor-too-big-for-the-index-regulator-considers-lifting-weight-cap" rel="noreferrer noopener">committed to $80 billion</a> in AI infrastructure spending&nbsp;for 2025, and&nbsp;Meta Platforms Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) earmarked $60-65 billion.



Price Action: AAPL stock is down 0.56% at $244.17 premarket at last check Monday.



Also Read:



<ul>
<li><a href="https://www.benzinga.com/25/02/43882755/apple-iphone-faces-new-threat-in-china-oppo-launches-ai-powered-foldable-phones-at-lower-prices" target="_blank" rel="noreferrer noopener">China&#8217;s Oppo Heats Up Smartphone Landscape, Launches AI-Powered Foldable At Competitive Price</a></li>
</ul>



Image via Shutterstock

QRVO

SWKS

Apple Commits $500 Billion In US Investment For AI Push, Boost US Manufacturing Tech

The U.S. Securities and Exchange Commission has officially ended <a href="https://www.benzinga.com/markets/equities/25/01/42971991/robinhood-agrees-to-45-million-sec-settlement-over-past-violations">its investigation into</a> Robinhood's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) cryptocurrency operations without imposing any enforcement action, the company announced on Monday.



This development signals a potential shift in regulatory oversight following a period of heightened scrutiny on digital asset firms.



What Happened: Robinhood stated that the SEC's Enforcement Division sent a letter on Friday, confirming the conclusion of its inquiry.



The investigation, which began in May 2024, focused on Robinhood's crypto services, including asset listings, custody practices, and trading operations. 



At the time, the SEC had warned that the company could face charges over potential securities law violations.



Despite regulatory pressure, Robinhood maintained that it consistently worked with authorities to ensure compliance. 



&#8220;Robinhood Crypto has always operated within federal securities laws and has never facilitated securities transactions,&#8221; said Dan Gallagher, the company's chief legal and compliance officer. &#8220;We welcome the SEC's decision and a return to regulatory fairness.&#8221;



Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43911115/grok-3-predicts-bitcoin-dominance-in-2025-projects-180000-price-target">Grok 3 Predicts Bitcoin Dominance In 2025, Projects $180,000 Price Target</a>



Why It Matters: The SEC's decision to close its investigation into Robinhood follows a similar move last week when it dropped <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43883117/coinbase-ceo-brian-armstrong-says-sec-has-agreed-to-end-bogus-enforcement-case-without-pen#:~:text=The%20SEC%20sued%20Coinbase%20in,service%20program%20violated%20securities%20laws.">an enforcement case against</a> Coinbase Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>).



These actions suggest a potential regulatory shift that aligns with President Donald Trump's previously stated plans to support the crypto sector.



Many in the industry had criticized the SEC's enforcement-first approach under <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40568347/after-binance-and-coinbase-gary-gensler-led-sec-set-to-lock-horns-with-crypto-exchange-kra">former chair</a> Gary Gensler, arguing that it created uncertainty rather than providing clear regulations.



With the recent dismissals, expectations are rising that crypto firms may now operate with greater legal clarity.



Robinhood's crypto division has played a significant role in its overall business growth. 



In the fourth quarter, nearly half of the company's $672 million transaction-based revenue came from cryptocurrency trading, which saw a 700% increase as Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) surged toward $100,000.



Investor sentiment toward Robinhood remains positive, with the company's stock rising more than 1% in premarket trading. 



Year-to-date, Robinhood shares have climbed 38%, reflecting growing confidence in a regulatory environment that could be more favorable to digital assets.



Read Next:



<ul>
<li><a href="https://www.benzinga.com/25/02/43901027/bybit-offers-140m-bounty-in-wake-of-14b-eth-hack-investigation-focuses-on-safe">Bybit Offers $140M Bounty In Wake of $1.4B ETH Hack, Investigation Focuses On Safe</a></li>
</ul>



Image: Shutterstock

COIN

SEC Drops Investigation Into Robinhood's Crypto Unit

Domino&#8217;s Pizza Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NASDAQ">DPZ</a>)&nbsp;shares are <a target="_blank" href="https://www.benzinga.com/premarket" rel="noreferrer noopener">trading lower in premarket</a> on Monday after the fourth-quarter FY24 earnings result.



The company reported <a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/n43907722/dominos-pizza-announces-fourth-quarter-and-fiscal-2024-financial-results" rel="noreferrer noopener">fourth-quarter sales growth </a>of 2.9% year-on-year to $1.44 billion, missing the analyst consensus estimate of $1.48 billion.



The revenue increase was primarily due to higher supply chain and U.S. franchise advertising revenues.&nbsp;



The growth in supply chain revenues was attributable to an increase in the company&#8217;s food basket pricing to stores, which increased 4.4% during the fourth quarter of 2024 as compared to the fourth quarter of 2023, as well as higher order volumes.



Global retail sales increased 4.4%, excluding the impact of foreign currency. Same-store sales in the U.S. grew 0.4%, while International same-store sales (excluding foreign currency impact) increased 2.7%.



Also Read: <a target="_blank" href="https://www.benzinga.com/25/02/43881721/coca-cola-warns-shortage-of-diverse-talent-could-harm-future-success" rel="noreferrer noopener">Coca-Cola Warns Shortage Of Diverse Talent Could Harm Business</a>



The company had a global net store increase of 364 stores. Gross margin for the quarter expanded 80 basis points to 39.2%. Operating margin for the quarter expanded 70 basis points to 19%.



EPS of $4.89 <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">missed the analyst consensus estimate of $4.92.</a>



Operating cash flow for the twelve months totaled $624.9 million, with a free cash flow of $512 million. Domino&#8217;s held $381.49 million in cash and equivalents as of December 29, 2024.



On&nbsp;February 19, 2025, the company&#8217;s Board of Directors approved a 15% increase to its per share quarterly dividend.



Consequently, the Board of Directors declared a $1.74 per share quarterly dividend on its shares for shareholders of record as of&nbsp;March 14, to be paid on&nbsp;March 28.



As of December 29, it had a total remaining authorized amount for share repurchases of $814.3 million.



&#8220;Domino&#8217;s 2024 results demonstrated that our Hungry for MORE strategy can drive strong order count growth, even in the face of a challenging global macroeconomic environment,&#8221; said CEO Russell Weiner.



Price Action: DPZ shares are trading lower by 3.76% at $445.00 in premarket trading on Monday.



Read Next:



<ul>
<li><a href="https://www.benzinga.com/25/02/43880110/james-bond-franchise-shifts-hands-to-amazon-mgm-studios" target="_blank" rel="noreferrer noopener">James Bond&#8217;s New Era: Amazon MGM Studios Takes Creative Reins of Franchise</a></li>
</ul>

Dividends

Domino's Pizza Q4 Same Store Sales Growth Lags, Proposes 15% Dividend Hike

U.S. stock futures rose on Monday, following Friday's selloff. Futures of all four benchmark indices were trading higher.



Investor anxiety over tariffs and a 10% drawdown in consumer sentiment data on Friday, raised fears of a market correction.



The semiconductor technology giant led by Jensen Huang, Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) is expected to report its fourth-quarter earnings this week.



The 10-year Treasury yield stood at 4.44%, while the two-year yield was at 4.22%. According to the CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>, there is a 97.5% chance that the Federal Reserve will keep interest rates unchanged for the March meeting. 



<figure class="wp-block-table is-style-stripes"><table style="overflow:auto; height: 90px; display: block;"><tbody><tr><td>Futures</td><td>Change (+/-)</td></tr><tr><td>Nasdaq 100</td><td>0.40%</td></tr><tr><td>S&amp;P 500</td><td>0.50%</td></tr><tr><td>Dow Jones</td><td>0.68%</td></tr><tr><td>Russell 2000</td><td>0.82%</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, rose in premarket on Friday. SPY was up 0.51% to $603.00, and QQQ advanced 0.40% to $528.16, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.



Cues From The Last Session



Consumer staples stocks were in a bright spot, while information technology, consumer discretionary, and industrial sectors led the S&amp;P 500&#8217;s overall decline on Friday.



Shares of UnitedHealth Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) fell over 7% following a Wall Street Journal report that the Department of Justice is investigating the company&#8217;s Medicare billing practices.



Several economic indicators fueled the market&#8217;s downturn, including the University of Michigan consumer sentiment index, which plummeted 10% to 64.7 in January. The survey also revealed a 5-year inflation outlook of 3.5%, the highest since 1995.



Existing home sales experienced a sharp 4.9% decline in January, reaching a seasonally adjusted rate of 4.08 million, the steepest drop in seven months. February&#8217;s flash S&amp;P Global PMIs showed a significant, unexpected drop in services, raising concerns about the private sector&#8217;s health.



The Dow Jones closed lower by 749 points or 1.69% at 43,428.02 on Friday. The S&amp;P 500 fell 1.71% to 6,013.13, while the Nasdaq Composite fell 2.20% to 19,524.01. The small-cap gauge Russell 200 declined 2.95% to 2,195.35.



<figure class="wp-block-table is-style-stripes"><table style="overflow:auto; height: 90px; display: block;"><tbody><tr><td>Index</td><td>Performance (+/-)</td><td>Value</td></tr><tr><td>Nasdaq Composite</td><td>-2.20%</td><td>19,524.01</td></tr><tr><td>S&amp;P 500</td><td>-1.71%</td><td>6,013.13</td></tr><tr><td>Dow Jones</td><td>-1.69%</td><td>43,428.02 </td></tr><tr><td>Russell 2000</td><td>-2.95%</td><td>2,195.35</td></tr></tbody></table></figure>



Insights From Analysts



Talking about last week's fall on Thursday and Friday after scaling record highs, Ed Yardeni of Yardeni Research, said "Sentiment turned very bearish very quickly at the end of last week because investors aren&#8217;t as sure about the economy&#8217;s resilience as we are."



"We remain impressed that it grew over the past three years notwithstanding a significant tightening of monetary policy, a mini-banking crisis, and lots of geopolitical turmoil. We continue to place our bets on its resilience," he added.



Talking about the anticipated Nvidia earnings this week, Yardeni said that he expects to hear guidance that "DeepSeek won&#8217;t kill spending on AI infrastructure, including datacenters."



"The main risk is that Nvidia will announce yet another delay in its highly anticipated Blackwell GPU, which was first announced in March 2024," he added.



The <a href="https://www.weforum.org/press/2020/10/recession-and-automation-changes-our-future-of-work-but-there-are-jobs-coming-report-says-52c5162fce/">World Economic Forum estimates</a> that 85 million worldwide jobs may be displaced by AI in 2025 alone. McKinsey Global Institute projects that 375 million jobs (14% of the global workforce) will require "reskilling" by 2030.



Louis Navellier of Navellier &amp; Associates quoted the above data and said, "The AI boom is here and now, and this means that the job market is going to go through some real upheaval in 2025 and beyond."



A surge in layoffs from S&amp;P 500 and Global 1000 companies would likely force the Fed to abandon its "higher for longer" rate strategy and rapidly shift to looser monetary policy, especially if—or when—the unemployment rate reaches 5%, he added.



Charlie Bilello, the chief market strategist at Creative Planning, in an X post, highlighted that the Nasdaq 100 was trading above its 200-day moving average for 489 consecutive sessions, which was its second highest in history since 1986.



<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">The Nasdaq 100 has closed above its 200-day moving average for 489 consecutive trading days, the 2nd longest uptrend in history. <a href="https://twitter.com/search?q=%24NDX&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$NDX</a><a href="https://t.co/rQuXrxVpWs">https://t.co/rQuXrxVpWs</a> <a href="https://t.co/LZoWrhGk7H">pic.twitter.com/LZoWrhGk7H</a>&mdash; Charlie Bilello (@charliebilello) <a href="https://twitter.com/charliebilello/status/1893855232397820404?ref_src=twsrc%5Etfw">February 24, 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/money/how-to-trade-futures">How to Trade Futures </a>



Upcoming Economic Data



Here&#8217;s what investors will keep on this week:



<ul>
<li>No data is scheduled to be released on Monday.</li>
</ul>



<ul>
<li>On Tuesday, Dallas Fed President Lorie Logan will speak in London at 4:20 a.m., ET.</li>
</ul>



<ul>
<li>December's S&amp;P Case-Shiller home price index for 20 cities will be out at 9:00 a.m., ET.</li>
</ul>



<ul>
<li>February's consumer confidence data will be announced at 10:00 a.m., ET.</li>
</ul>



<ul>
<li>Fed Vice Chairman for Supervision Michael Barr will speak at 11:45 a.m., ET.</li>
</ul>



<ul>
<li>Richmond Fed President Tom Barkin will speak at 01:00 p.m., ET.</li>
</ul>



<ul>
<li>On Wednesday, new home sales data for January will be released at 10:00 a.m., ET.</li>
</ul>



<ul>
<li>Atlanta Fed President Raphael Bostic will speak at 12:00 p.m., ET.</li>
</ul>



<ul>
<li>On Thursday, initial jobless claims data till the week ended Feb. 22, January's durable-goods orders data, and GDP's second reading will be announced at 8:30 a.m., ET.</li>
</ul>



<ul>
<li>Kansas City Fed President Jeff Schmid speaks will speak at 9:15 a.m., ET.</li>
</ul>



<ul>
<li>Pending home sales data for January will be out by 10:00 a.m., ET.</li>
</ul>



<ul>
<li>Fed Governor Michelle Bowman will speak at 11:45 a.m., ET.</li>
</ul>



<ul>
<li>Philadelphia Fed President Patrick Harker will speak at 3:15 p.m., ET.</li>
</ul>



<ul>
<li>On Friday, January's personal income, spending, core and headline PCE index, advanced U.S. trade balance in goods, retail and wholesale inventories will be out by 8:30 a.m., ET.</li>
</ul>



<ul>
<li>Richmond Fed President Tom Barkin will speak at 8:30 a.m., ET as well.</li>
</ul>



<ul>
<li>February's Chicago business barometer data will be released at 9:45 a.m., ET.</li>
</ul>



<ul>
<li>Chicago Fed President Austan Goolsbee will speak at 10:15 p.m., ET.</li>
</ul>



Stocks In Focus:



<ul>
<li>Owens Corning (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OC#NYSE">OC</a>) was up 0.085% in the premarket on Monday ahead of its earnings, which will be released before the opening bell. Analysts expect it to report earnings of $2.90 per share on the revenue of $2.77 billion.</li>
</ul>



<ul>
<li>Domino&#8217;s Pizza Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NASDAQ">DPZ</a>) advanced 1% as Wall Street expects it to report quarterly earnings of $4.91 per share on revenue of $1.48 billion before the opening bell.</li>
</ul>



<ul>
<li>Westlake Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WLK#NYSE">WLK</a>) declined 0.28% ahead of its earnings, which will be released before the opening bell. Analysts expect it to report quarterly earnings of $1.09 per share on revenue of $2.94 billion.</li>
</ul>



<ul>
<li>ONEOK Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKE#NYSE">OKE</a>) rose 1.12% as Wall Street expects it to report quarterly earnings of $1.51 per share on the revenue of $6.73 billion after the closing bell.</li>
</ul>



<ul>
<li>Berkshire Hathaway Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) was up 1.39% after reporting a 71% increase in operating earnings to $14.5 billion for the fourth quarter.</li>
</ul>



<ul>
<li>Hawaiian Electric Industries Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HE#NYSE">HE</a>) dropped 4.83% after it posted a loss of 40 cents per share for the fourth quarter, versus earnings of 44 cents per share in the year-ago period.</li>
</ul>



<ul>
<li>authID Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUID#NASDAQ">AUID</a>) jumped 4.9% after it was recognized as a leader in biometric authentication by Acuity Market Intelligence, praised for its platform&#8217;s accuracy and data protection.</li>
</ul>



<ul>
<li>Nuburu Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURU#NYSE">BURU</a>) plummeted 19.27% after it announced an acquisition agreement to expand its defense business and enter the security sector. It has secured a commitment letter from a private equity group for a deal involving recapitalization, acquisitions, and technology licensing.</li>
</ul>



<ul>
<li>Boxlight Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BOXL#NASDAQ">BOXL</a>) slumped 20.65% after announcing a fundraising of roughly $2.8 million through a private placement of stock and warrants at $2.13 per share.</li>
</ul>



Commodities, Gold And Global Equity Markets:



Crude oil futures were trading higher in the early New York session by 0.18% to hover around $70.53 per barrel.



The gold spot index was up by 0.16% to $2,940.60 per ounce easing from the record high of $2,954.97. The Dollar Index was flat at 106.616 level.



Asian markets ended mostly lower on Monday. Except for Japan's Nikkei 225, and Australia's ASX 200 index, all other gauges declined, including India's S&amp;P BSE Sensex index, China's CSI 300, South Korea's Kospi, and Hong Kong's Hang Seng index. European markets were mostly higher in trade.



Read Next:



<ul>
<li><a href="https://www.benzinga.com/25/02/43906366/warren-buffetts-berkshire-boosts-bets-on-five-japanese-companies-admiration-has-consistently-grown-says-oracle-of-omaha-in-letter-to-shareholders">Warren Buffett&#8217;s Berkshire Boosts Bets On 5 Japanese Companies: Oracle Of Omaha Says Admiration &#8216;Has Consistently Grown&#8217;</a></li>
</ul>



Photo courtesy: Shutterstock

Asia

Treasuries

Economics

Pre-Market Outlook

AUID

BOXL

BURU

Wall Street Looks To Bounce Back After Friday's Rough Ride Triggered By Consumer Sentiment: Analyst Says 'We Continue To Place Our Bets' On Economy's Resilience

Bitcoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) sideways movement over the past week has prompted analysts to look at macroeconomic influences and historical patterns for indicators of <a href="https://www.benzinga.com/money/bitcoin-price-prediction">the next move.</a>



<figure class="wp-block-table"><table style="overflow:auto; height: 90px; display: block;"><tbody><tr><td>Cryptocurrency</td><td>Price&nbsp;&nbsp;&nbsp;</td><td>Market Cap</td><td>24-Hour Trend</td><td>7-Day Trend</td></tr><tr><td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>$95,712.56</td><td>$1.89 trillion</td><td>-0.5%</td><td>-0.5%</td></tr><tr><td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td><td>$2,687.27</td><td>$324 billion</td><td>-4%</td><td>-2.1%</td></tr><tr><td>XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)</td><td>$2.47</td><td>$143.5 billion</td><td>-3.7%</td><td>-7.4%</td></tr></tbody></table></figure>



Trader Notes: In a <a href="https://www.youtube.com/watch?v=ZoVqcPolGiM">podcast</a> from Feb. 21, Cowen noted that Bitcoin is stuck in a broadening wedge, waiting for a strong catalyst. He notes a lag effect between Bitcoin and global money supply, which could explain the lack of major movement.



Regarding altcoins, Cowen remains skeptical of an upcoming &#8220;alt season&#8221;, citing Bitcoin's continued dominance and macroeconomic factors like inflation and interest rates as key market drivers. 



He suggested that Bitcoin&#8217;s next major move could come after upcoming macroeconomic data releases.



Meanwhile, trader CrypNuevo, in an <a href="https://x.com/CrypNuevo/status/1893773990784839683">X</a> thread on Monday, sees a solid trading opportunity this week, predicting range-bound price action. 



He's watching $94,700 as a potential bounce zone, with $92,500 as the next key level if BTC moves lower.



Statistics: IntoTheBlock data shows Bitcoin's large transaction volume and daily active addresses are down by 28.3% and 19.9%, respectively. Meanwhile, transactions greater than $100,000 declined from 7,980 to 6,703 in a single day. Despite volatility and relatively flat performance, 90% Bitcoin holders are currently in profit and only 6% underwater.



Coinglass data shows 127,516 traders were liquidated in the past 24 hours for $268.66 million. Bitcoin liquidations in the past 24 hours stand at $29.7 million, compared to the last peak of around $372 million on Feb. 3 when prices touched $101,293.



What's Next: With a quiet economic calendar this week, traders are watching for technical breakouts. The lack of macro events could allow Bitcoin to move based on market structure alone.



Read Next:&nbsp;



<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43878748/michael-saylor-bitcoin-is-economic-armor-calls-on-us-to-accumulate-btc">Michael Saylor: &#8216;Bitcoin Is Economic Armor&#8217;, Calls On US To Accumulate BTC</a></li>
</ul>



Image: Shutterstock

Bitcoin Remains Stuck Below $96,000: Why Is It Not Moving?

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