Viomi Technology Co Azioni (NASDAQ: VIOT)

Ultime notizie per Viomi Technology Co (NASDAQ:VIOT) Azioni

Viomi Technology Co

Viomi Technology Co Ltd along with its subsidiaries provides Internet of Things (IoT) enabled smart home products through its platform. It has developed an IoT Home platform, consisting of an ecosystem of IoT Home portfolio, and home water solutions, together with a suite of complementary consumable products and small appliances and others. Its product offerings include Smart kitchen products like refrigerators, oven steamers, dishwashers, and gas stoves, Other smart products such as air conditioning systems, washing machines, water heaters, smart water kettles, interactive smart screens and other smart devices, and Home water solutions include self-branded and Xiaomi-branded smart water purifiers.

Viomi Technology Co., Ltd - American Depositary Shares

Viomi Technology Co Ltd

News

Reuters Reported Taiwan Chipmaker UMC, Regarding Reports Of Tie Up With GlobalFoundries, Said No Ongoing Merger Activity Right Now

The seizure and subsequent euthanasia of &#8220;Peanut,&#8221; the beloved social media star squirrel, last year not only ignited public outrage but also became a flashpoint in a highly volatile election season.
The events leading to the incident, detailed in an Associated Press <a href="https://apnews.com/article/peanut-squirrel-rabies-new-york-investigation-55bae101240c088ffa0c427cac803e3f">report</a>, have led to speculation about whether officials premeditated Peanut's fate, casting a shadow over the New York State Department of Environmental Conservation's actions.
What happened: Peanut, an orphaned squirrel rescued by Mark Longo, amassed over 500,000 Instagram followers with videos of him wearing tiny cowboy hats and eating waffles. However, its social media presence started drawing the attention of state wildlife authorities.
The report stated that complaints about illegal possession started coming in, as it was against the state law to keep a wild animal without a license.
Initially, these claims were treated with little urgency, but things changed after a raccoon, one of the most common carriers of rabies, arrived at Longo&#8217;s sanctuary.
See Also: <a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"></a><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44891685/gary-black-shares-polymarket-data-says-trump-tariffs-have-pushed-odds-of-2025-recession-to-57">Gary Black Shares Polymarket Data, Says Trump Tariffs Have Pushed Odds Of 2025 Recession To 57%</a>
An email exchange revealed that the county health officials advised the DEC to euthanize all &#8220;wild&#8221; animals at home and send them for rabies testing. Although the DEC said in a report later that they took steps before the raid to hand over Peanut to a wildlife rehabilitator.
Subsequently, DEC officials raided Longo&#8217;s home and <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41705004/peanut-the-squirrel-themed-meme-coins-surge-amid-social-media-outrage-over-celebrity-anima">seized Peanut and Fred the raccoon</a>. Notably, Peanut had bitten one of the officials during the seizure, following which a county health official said that animals had to be tested in line with the state rabies protocols. The animals were put down a few days later.
The health officials expressed grief over the euthanasia but stated that it had to be done. Rabies testing eventually came up negative.
Why It Matters:&nbsp; Peanut&#8217;s death sparked an emotional outcry, which quickly turned political. Republican supporters, including tech titan Elon Musk, <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41927379/elon-musk-says-the-prophecy-has-been-fulfilled-peanut-the-squirrel-themed-meme-coin-spikes-11">criticized the authorities</a>, stating, &#8220;President Donald Trump would save the squirrels.
The pet squirrel&#8217;s demise also spawned a Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)-based meme cryptocurrency, Peanut the Squirrel&nbsp;(PNUT), that gained over $2 billion in market capitalization within 10 days of its launch. Since the peak, though, the coin has lost nearly 93% of its value.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44890965/shiba-inu-team-issues-major-anti-scam-alert-heres-what-you-need-to-know">Shiba Inu Team Issues Major Anti-Scam Alert: Here&#8217;s What You Need To Know</a></li>
</ul>
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.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>
Photo courtesy: Shutterstock

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

Cryptocurrency

Markets

General

$SOL

Peanut The Squirrel's Death Triggered Outcry And Spawned A $2 Bllion Memecoin, But Was It A Planned Outcome?

Second Quarter 2025 Outlook &amp; Guidance&nbsp;
Quarter-over-Quarter Guidance: &nbsp;
<ul>
<li>Wafer Shipments: Will increase by 5-7%&nbsp;</li>
<li>ASP in USD: Will remain flat&nbsp;</li>
<li>Gross Profit Margin: Will be approximately 30%&nbsp;</li>
<li>Capacity Utilization: mid-70% range&nbsp;</li>
<li>2025 CAPEX: US$1.8 billion</li>
</ul>

Earnings

Guidance

United Microelectronics Expects Q2 Wafer Shipments To Increase by 5-7%, ASP To Remain Flat, Gross Margin ~30%, Capacity Utilization In Mid-70% Range, 2025 Capex Of $1.8B

United Microelectronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>) reported quarterly earnings of $0.09 per share which missed the analyst consensus estimate of $0.10 by 7 percent. This is a 29.01 percent decrease over earnings of $0.13 per share from the same period last year. The company reported quarterly sales of $1.74 billion which missed the analyst consensus estimate of $1.81 billion by 3.65 percent. This is a 2.11 percent increase over sales of $1.71 billion the same period last year.

Earnings Misses

United Microelectronics Q1 EPS $0.09 Misses $0.10 Estimate, Sales $1.74B Miss $1.81B Estimate

Macro Economic Events

Econ #s

Economics

Eurozone Trade Balance For February 24.0B Vs. 1.0B Prior

U.K. Services Purchasing Managers Index Preliminary For April 48.9 Vs. 51.5 Est.; 52.5 Prior

U.K. Manufacturing Purchasing Managers Index Preliminary For April 44.0 Vs. 44.0 Est.; 44.9 Prior

U.K. Composite Purchasing Managers' Index Preliminary For April 48.2 Vs. 50.4 Est.; 51.5 Prior

Check Point Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) reported quarterly earnings of $2.21 per share which beat the analyst consensus estimate of $2.19 by 0.91 percent. This is a 8.33 percent increase over earnings of $2.04 per share from the same period last year. The company reported quarterly sales of $638.00 million which beat the analyst consensus estimate of $636.18 million by 0.29 percent. This is a 6.55 percent increase over sales of $598.80 million the same period last year.

Earnings Beats

CHKP

Check Point Software Q1 Adj. EPS $2.21 Beats $2.19 Estimate, Sales $638.00M Beat $636.18M Estimate

Dividends

Lithia Motors Approved A Dividend Increase Of 4% To $0.55 Per Share Related To First Quarter 2025 Financial Results, Payable On May 23, 2025 To Shareholders Of Record On May 9, 2025

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk shared a comprehensive list of updates on the company's FSD (Full Self-Driving) technology, crucial for Tesla's Cybercab ambitions.
What Happened: In the earnings call with investors on Tuesday,&nbsp; Musk shared how the company was still on track to release its robotaxi services in Austin two months from now, in June.
"We're still debating the exact number to start off on day one, but it's, like, I don't know, maybe 10 or 20 vehicles on day one," Musk said. He also stated that the fleet of autonomous taxis will consist of Model Ys instead of the Cybercab.
The billionaire was also confident that Tesla's robotic taxi business would be offered in multiple cities in the U.S. in the latter half of 2026.
"Once we can make it work in a few cities in America, we can make it work anywhere in America," Musk shared before reiterating that the robotaxi will help significantly boost Tesla's financials.
He also shared how the Tesla Model Y will be able to drive itself directly to the customer from the factory, ‘later this year.' Besides the FSD tech, Musk also shared how Tesla's future was based on autonomy.
"The future of the company is fundamentally based on large scale autonomous cars and large volume vast numbers of autonomous humanoid robots," he noted.
Why It Matters: Musk's comments from the earnings call are in line with Tesla's predictions of its FSD tech. Recently, the brand shared a post on social media that showcased a Model Y and a Cybertruck <a href="https://www.benzinga.com/tech/25/04/44787364/tesla-deploys-unsupervised-fsd-at-giga-texas-to-move-cars-from-factory-to-lot">driving autonomously</a> from the production line to the output lot.
Musk had also earlier predicted that a Tesla car <a href="https://www.benzinga.com/markets/equities/25/04/44834045/tesla-touts-fsd-capabilities-elon-says-predicts-cars-will-soon-drive-itself-right-to-your-house">would drive itself </a>right to people's houses this year. This comes in as Tesla announced <a href="https://www.benzinga.com/25/04/44942792/tesla-q1-earnings-call-company-says-more-affordable-models-launching-this-year">more affordable models </a>are on the way this year, amid increasing competition from global competitors.
The earnings call also outlined how Musk is <a href="https://www.benzinga.com/25/04/44940401/elon-musk-says-hell-only-spend-day-or-two-per-week-on-government-matters-to-ensure-fraud-does-not-come-roaring-back-ceos-focus-to-shift-to-tesla-beginning-may">reiterating his commitment</a> to Tesla after experts shared their skepticism about his priorities as well as his work with Donald Trump and DOGE.
Tesla shares rose over 5% in value in the after hours trading following Musk's comments during the earnings call. However, the company has had a difficult quarter as it experienced a 71% decline in year-over-year profits.
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/25/04/44941889/teslas-sweet-little-lies-hide-worst-performance-ever-elon-musks-robot-takeover-talk-is-just-a-smokescreen-says-ross-gerber">Tesla&#8217;s &#8216;Sweet Little Lies&#8217; Hide &#8216;Worst Performance&#8217; Ever? Elon Musk&#8217;s Robot Takeover Talk Is Just A Smokescreen, Says Ross Gerber</a></li>
</ul>
Photo courtesy: Shutterstock

Tech

TSLA

Elon Musk Shares FSD Update At Tesla Earnings Call: '10 To 20' Model Ys Will Offer Paid Robotaxi Rides In June

Lithia Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LAD#NYSE">LAD</a>) reported quarterly earnings of $7.66 per share which missed the analyst consensus estimate of $7.69 by 0.39 percent. This is a 25.37 percent increase over earnings of $6.11 per share from the same period last year. The company reported quarterly sales of $9.18 billion which missed the analyst consensus estimate of $9.26 billion by 0.85 percent. This is a 7.27 percent increase over sales of $8.56 billion the same period last year.

Lithia Motors Q1 Adj EPS $7.66 Misses $7.69 Estimate, Sales $9.18B Miss $9.26B Estimate

Economist Craig Shapiro has taken a jibe at President Donald Trump after the administration hinted at a deal with China amid the ongoing market turmoil. He suggested that Trump was caving on all his promises and proposed policies.
What Happened: Shapiro, a macro strategist at the Bears Trap Reports, said in a recent X post that Trump&#8217;s new book should be called &#8220;Art of the Cave.&#8221;
This was also a jibe at the Billionaire Investor Bill Ackman&#8216;s April 9th post, which praised Trump for &#8220;brilliantly executing&#8221; the 90-day tariff pause, calling it the &#8220;Textbook, Art of the Deal.&#8221;
Shapiro, in his post, went on to add that &#8220;Trump 2.0 same as 1.0,&#8221; pointing out that the President has caved to China, Federal Reserve Chairman Jerome Powell, markets, and on cutting the deficit.
<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">Trump&#39;s New Book: Art of the Cave Cave to China Cave to Powell Cave to the Markets Cave on cutting the deficit Trump 2.0 same as 1.0
&mdash; Craig Shapiro (@ces921) <a href="https://twitter.com/ces921/status/1914802768977494024?ref_src=twsrc%5Etfw">April 22, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
This comes after Trump spoke to the reporters at the White House on Tuesday and said that his relationship with President Xi Jinping was great and &#8220;it&#8217;s been great for a long time.&#8221;
"I think we will make a deal with China. If we don&#8217;t make a deal, we will set it. I think they will want to be a part of the United States. We&#8217;re doing great. This is the Golden Age,&#8221; he 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">"I think we will make a deal with China. If we don&#39;t make a deal, we will set it. I think they will want to be a part of the United States. We&#39;re doing great. Golden Age." I don't think this guy could get a $100,000 job in finance. <a href="https://t.co/P1PGPEsO2J">pic.twitter.com/P1PGPEsO2J</a>
&mdash; Spencer Hakimian (@SpencerHakimian) <a href="https://twitter.com/SpencerHakimian/status/1914817988038971605?ref_src=twsrc%5Etfw">April 22, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/government/regulations/25/04/44918830/jim-cramer-takes-a-dig-at-trumps-criticism-of-powell-you-would-actually-buy-this-rally-if-trump-hadnt-criticized-the-fed-chair">Jim Cramer Takes A Dig At Trump&#8217;s Criticism Of Powell: &#8216;You Would Actually Buy This Rally&#8217; If Trump Hadn&#8217;t Criticized The Fed Chair</a>
Why It Matters: Trump was accused of caving by Shapiro following the <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44910907/top-fed-voices-defend-powell-slam-trumps-attack-on-central-bank-independence">criticism of Powell</a> in a Truth Social post on Monday, issuing a <a href="https://www.benzinga.com/25/04/44720006/markets-take-off-as-trump-announces-90-day-tariff-pause-for-non-retaliating-nations-slaps-china-with-125-duty">90-day tariff pause</a> following bond market turmoil on April 9th, and finally hinting at making a deal with China.
Treasury Secretary Scott Bessent <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44935649/alibaba-nio-pdd-shares-rise-amid-potential-de-escalation-of-china-trade-tensions-whats-going-on">hinted at de-escalation with China</a> during a private session at an event hosted by JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) in Washington, held alongside the IMF and World Bank spring meetings. 
Bessent, during this private meeting, said that a deal is achievable even as the formal negotiations have not begun yet. He said that the current duties were untenable, but did not provide the specifics and the timeline of the deal.
Price Action: Stock markets bounced on the possible de-escalation news on Tuesday.
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 on Tuesday. The SPY was up 2.60% to $527.25, while the QQQ advanced 2.63% to $444.48, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
As of Tuesday, the Nasdaq 100 index was down 17.76% from its previous high of 22,222.61 points. The S&amp;P 500 index was 13.98% lower, as compared to the last record high of 6,147.43 points. On the other hand, Dow Jones was 13.06% down from its 52-week high of 45,073.63 points.
On Wednesday, the futures of Dow Jones were up 1.29%, the S&amp;P 500 index futures rose 1.77%. The Nasdaq 100 futures, on the other hand, were higher by 2.10% 
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/04/44920880/expert-flags-never-before-observed-trio-falling-stocks-and-short-yields-bucking-rising-long-yields-nothing-is-normal-about-this">Wall Street Veteran Sounds Alarm On &#8216;Never Before&#8217; Seen Market Trio: Falling Stocks, Surging Long Yields, Sinking Short Rates</a></li>
</ul>
Photo courtesy: Rawpixel.com / Shutterstock.com

Equities

Craig Shapiro Takes A Dig At Donald Trump: 'Trump 2.0 Same As 1.0' After Administration Hints At A Deal With China

Despite President Donald Trump&#8216;s persistent criticism, Federal Reserve Chairman Jerome Powell is not rushing to cut interest rates.
What Happened: Trump has been outspoken on social media, referring to Powell as <a href="https://benzinga.com/25/04/44941184/roubini-trump-wants-a-rate-cutbut-powells-restraint-is-the-only-thing-saving-him-from-a-market-meltdown">&#8220;Mr Too Late&#8221;</a> and &#8220;a major loser&#8221; for what he sees as a reluctance to ease policy. However, the Fed Chair doesn&#8217;t seem to be in a hurry to cut rates despite the President&#8217;s bashing primarily due to three reasons.
Firstly, the president&#8217;s demands stand in sharp contrast to the Fed&#8217;s &#8220;data-driven&#8221; approach. Powell and other Fed officials believe that the current inflation rate — above their preferred 2% target — along with a strong job market, does not justify a rate cut. They emphasized the need to be &#8220;patient&#8221; before making that decision. San Francisco Fed President Mary Daly echoed Powell&#8217;s sentiments, noting that the risks to inflation are &#8220;higher than they were a year ago,&#8221; potentially requiring policy to remain tighter for a longer period, reported Reuters.
Secondly, the Fed is an independent body. Powell recently emphasized that the Fed&#8217;s independence is safeguarded by law, citing a 1930s court decision and Congress&#8217;s constitutional power to &#8220;coin money,&#8221; a responsibility that has been delegated to the Fed. &#8220;Our independence is a matter of law,&#8221; stated the Fed Chair at the Economic Club of Chicago.
Thirdly, the Federal Reserve Act of 1913 states that Fed Board members can only be removed for &#8220;cause,&#8221; which is generally understood to mean misconduct, not policy disagreements, according to Reuters.
SEE ALSO:&nbsp;<a href="https://benzinga.com/25/04/44920880/expert-flags-never-before-observed-trio-falling-stocks-and-short-yields-bucking-rising-long-yields-nothing-is-nor" target="_blank" rel="noreferrer noopener">Wall Street Veteran Sounds Alarm On &#8216;Never Before&#8217; Seen Market Trio: Falling Stocks, Surging Long Yields, Sinking Short Rates</a>
Why It Matters: Trump&#8217;s pressure on the Fed has been a recurring theme. Although on Tuesday, he told reporters that he had &#8220;<a href="https://www.benzinga.com/25/04/44940900/us-futures-dollar-jump-amid-trumps-latest-comments-on-fed-nikkei-rebounds-to-three-week-high">no intention</a>&#8221; of firing Powell, despite his criticisms, Trump continues his calls for a rate cut. His comments have sparked concerns among market watchers. Sen. Elizabeth Warren (D-Mass.) warned that if Trump illegally fires Powell, it could &#8220;<a href="https://www.benzinga.com/news/25/04/44935195/elizabeth-warren-says-if-trump-illegally-fires-fed-chair-powell-hell-crash-our-markets-cause-more-economic-pain-to-american-families">crash our markets</a>.&#8221;
Moreover, CNBC commentator Jim Cramer opined that investors &#8220;<a href="https://www.benzinga.com/government/regulations/25/04/44918830/jim-cramer-takes-a-dig-at-trumps-criticism-of-powell-you-would-actually-buy-this-rally-if-trump-hadnt-criticized-the-fed-chair">would actually buy this rally</a>&#8221; if Trump did not criticize Powell for "being prudent about rates." The ongoing tension between the President and the Fed Chair continues to influence market sentiment and the future of monetary policy remains uncertain.
SPDR S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) declined 6.5% over the past month, while Invesco QQQ Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NYSE">QQQ</a>) slumped over 9% during the same period. 
<ul>
<li>READ MORE:&nbsp;<a href="https://benzinga.com/25/04/44915713/charlie-munger-once-said-he-could-go-on-and-on-listing-why-he-wont-want-donald-trump-in-the-oval-office" target="_blank" rel="noreferrer noopener">Charlie Munger Once Predicted That Trump Could Be &#8216;Quite Decisive&#8217; But Still Didn&#8217;t Want Him To Be President: Here&#8217;s Why</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Fed's Jerome Powell Isn't Budging On Rate Cut Despite Trump's Bashing And Pressure — Here's Why

Former Treasury Secretary&nbsp;Larry Summers has expressed concern that President&nbsp;Donald Trump&#8216;s cuts to the Internal Revenue Service (IRS) could lead to a loss of $1 trillion for the government.
What Happened: Summers expressed his worries when he appeared <a href="https://www.bloomberg.com/news/articles/2025-04-22/summers-says-attack-on-irs-may-risk-a-1-trillion-revenue-hit">on</a> Wall Street Week on Bloomberg Television. He predicted that the government might suffer a large loss over the course of the next ten years as a result of Trump&#8217;s &#8220;attack&#8221; on the IRS as part of his ambitious cost-cutting plan.
Trump&#8217;s budget cuts include a 75% cut to the IRS&#8217;s Office of Civil Rights and Compliance, which handles accusations of discrimination against taxpayers. Since Trump took office, the IRS has also had several leadership changes, including five different acting commissioners since January.
See Also:&nbsp;<a href="https://www.benzinga.com/news/25/04/44888845/irs-leadership-shakeup-following-clash-with-elon-musk">IRS Leadership Shakeup Following Clash With Elon Musk</a>
Why It Matters: Summers, who worked in the administration of former President Bill Clinton, called Trump&#8217;s strategy &#8220;raw incompetence,&#8221; putting the foundation of the tax system at risk.
Significant changes have been occurring at the IRS throughout the Trump administration. Commerce Secretary Howard Lutnick reaffirmed Trump&#8217;s call to <a href="https://www.benzinga.com/markets/25/02/43840909/trumps-goal-is-to-abolish-irs-and-let-all-the-outsiders-pay-says-newly-confirmed-commerce-secretary-howard-lutnick">abolish the IRS in February</a>.
The IRS anticipates a $500 billion revenue deficit as a result of workforce <a href="https://www.benzinga.com/markets/25/03/44469111/irs-anticipates-over-500b-revenue-shortfall-while-treasury-stares-at-potential-cash-crunch-without-debt-ceiling-increase-report">reductions and payment avoidance</a>.
In April, Trump reversed the appointment of the IRS interim head, reportedly influenced by Tesla Inc. CEO Elon Musk, <a href="https://www.benzinga.com/25/04/44888301/trump-reverses-elon-musk-influenced-irs-interim-head-appointment-following-scott-bessents-objection-report">following objections</a> from Treasury Secretary Scott Bessent. 
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/25/04/44829763/trump-to-reportedly-appoint-hunter-biden-whisteblower-gary-shapley-as-acting-irs-commissioner-hell-be-a-great-asset">Trump To Reportedly Appoint Hunter Biden Whistleblower Gary Shapley As Acting IRS Commissioner: &#8216;He&#8217;ll Be A Great Asset&#8217;</a></li>
</ul>
Image Via Shutterstock

Government

Regulations

Politics

Larry Summers Warns Trump's IRS Cuts Could Cost Americans $1 Trillion Over 10 Years, Calls Strategy 'Raw Incompetence'

AMTB

ASGN

BANC

BPOP

BRKL

BWFG

CACI

CBAN

CHDN

COOP

CSLR

CVLG

New Oriental Education & Technology Group

EGBN

EPRT

GATX

GLPG

GSHD

HBNC

HCSG

IMAX

INBK

KALU

KREF

LRCX

MTDR

ODFL

ORLY

OSBC

OTIS

PLXS

PTEN

SEIC

Earnings Scheduled For April 23, 2025

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) revealed that the company deployed more than double the energy storage products in Q1 2025.
What Happened: In a post on social media platform X on Tuesday, the EV giant showcased a graph that illustrated the company's deployment of energy products over the last seven years.
<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 Q1 we deployed more than double the energy storage products compared to Q1 2024 4.05 GWh Q1 2024 → 10.4 GWh Q1 2025 <a href="https://t.co/aV3z29oyj8">pic.twitter.com/aV3z29oyj8</a>
&mdash; Tesla Energy (@teslaenergy) <a href="https://twitter.com/teslaenergy/status/1914783020659192101?ref_src=twsrc%5Etfw">April 22, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The company says it deployed over 10.4 GWh worth of energy storage products in Q1 2025, compared to the 4.05 GWh it deployed at the same time last quarter, a 156% year-over-year increase. Tesla's energy storage products include Powerwall, Solar Roofs and the Megapack.
Why It Matters: The update comes in as Tesla wrapped up its earnings call, looking back on a difficult quarter marred by a <a href="https://www.benzinga.com/25/04/44802015/us-electric-vehicle-sales-up-11-in-q1-as-tesla-declines-the-winners-and-losers">decline in sales figures</a>. Elon Musk shared how the company has affordable models in the pipeline this year as well as updates on the <a href="https://www.benzinga.com/25/04/44941025/tesla-optimus-robot-hit-by-chinas-rare-earth-magnet-crackdown-elon-musk-says-thousands-may-be-ready-by-year-end-but-no-guarantees-when-you-have-a-complex-manufactured-product">Optimus humanoid robots</a>.
Musk also said that he would be <a href="https://www.benzinga.com/25/04/44940401/elon-musk-says-hell-only-spend-day-or-two-per-week-on-government-matters-to-ensure-fraud-does-not-come-roaring-back-ceos-focus-to-shift-to-tesla-beginning-may">scaling back on his commitment </a>to the Department of Government Efficiency and focusing more on Tesla, which <a href="https://www.benzinga.com/markets/equities/25/04/44941183/dan-ives-calls-elon-musks-tesla-recommitment-most-important-call-hes-ever-had-as-ceo-scales-back-doge-role">experts suggest</a> was the right move on the billionaire's part.
However, Tesla Bull <a href="https://www.benzinga.com/markets/25/04/44941889/teslas-sweet-little-lies-hide-worst-performance-ever-elon-musks-robot-takeover-talk-is-just-a-smokescreen-says-ross-gerber">Ross Gerber remained skeptical</a> following the earnings call as he shared how this was the ‘worst performance' he's seen from the company. It's worth noting that Tesla profits have fallen by over 71% year-over-year.
Price Action: TSLA stock experienced a 37.26% decline in value and is currently trading at $237.97 on NASDAQ, according to<a href="https://pro.benzinga.com/dashboard"> Benzinga Pro data</a>.
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
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<li><a href="https://www.benzinga.com/tech/25/04/44941657/elon-musk-equates-car-ownership-in-future-to-riding-a-horse-while-using-a-flip-phone-pierre-ferragu-says-teslas-iphone-moment-hinges-on-full-autonomy">Elon Musk Equates Car Ownership In Future To Riding A Horse While Using A Flip Phone — Pierre Ferragu Says Tesla&#8217;s &#8216;iPhone Moment&#8217; Hinges On Full Autonomy</a></li>
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Photo courtesy: Tada Images / Shutterstock.com

Tesla Energy Deployments More Than Double In Q1, Reach 10.4 GWh

Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) CEO Andy Jassy once thought it &#8220;unfathomable&#8221; that his father worked at the same company for 45 years. In his 2024 annual letter to shareholders, Jassy admitted he once told friends, &#8220;That would never be me.&#8221;
What Happened: Yet almost 28 years later, Jassy remains at Amazon, where he succeeded founder Jeff Bezos as CEO in 2021.
&#8220;I&#8217;m obviously a Superfan,&#8221; Jassy wrote, explaining his longevity at the tech giant. &#8220;I&#8217;m not sure that any company prioritizes customers as relentlessly as we do. Lots of companies say they will; few follow through.&#8221;
Jassy cited three additional factors behind his commitment: the ability to make a significant global impact, Amazon&#8217;s willingness to make substantial long-term investments in both innovations and people, and his colleagues&#8217; exceptional qualities.
&#8220;I&#8217;ve never encountered a more intelligent, creative, ambitious, hungry, hard-working, and missionary group of teammates than we have at Amazon,&#8221; he wrote.
See Also: <a href="https://www.benzinga.com/personal-finance/25/04/44939515/charlie-munger-was-asked-if-disney-was-still-a-good-investment-they-once-owned-the-world-now-its-a-bloodbath-welcome-to-human-life">Charlie Munger Was Asked If Disney Was Still a Good Investment: &#8216;They Once Owned the World, Now It&#8217;s a Bloodbath — Welcome to Human Life&#8217;</a>
Why It Matters: In his letter, Jassy emphasized Amazon&#8217;s &#8220;Why Culture&#8221; as fundamental to the company&#8217;s success, describing how constantly questioning established norms drives innovation.
This approach has helped Amazon transform from an online bookstore into a global technology and <a href="https://www.benzinga.com/content/44883234/3-reasons-to-like-the-look-of-amazon-ahead-of-earnings">retail powerhouse with $638 billion in 2024 revenue</a>.
Amazon reported 11% year-over-year <a href="https://www.benzinga.com/quote/AMZN/earnings">growth in 2024</a>, with operating income improving 86% to $68.6 billion, representing a 10.8% operating margin.
Jassy concluded that Amazon operates like &#8220;the world&#8217;s largest startup&#8221; by prioritizing customers, hiring builders and owners, emphasizing speed, eliminating bureaucracy, and being willing to take calculated risks.
Since taking over from Bezos in July 2021, Amazon&#8217;s stock has dropped 6.8% from $186 to $173.18 as of Wednesday, while the S&amp;P 500 Index has increased 21% from 4369 to 5287.76 within the same time frame.
Jassy took over as Amazon CEO in July 2021. Since then, AMZN stock has dropped 6.8%, from $186 to $173.18 as of Wednesday. Meanwhile, the S&amp;P 500 Index has risen by 21%, from 4,369 to 5,287.76 over the same period.
Read Next: 
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<li><a href="https://www.benzinga.com/personal-finance/25/04/44940178/warren-buffett-says-millions-are-trapped-living-an-american-nightmare-but-proposes-a-tool-far-mo">Warren Buffett Says Millions Are Trapped Living An &#8216;American Nightmare&#8217; — But Proposes A Tool &#8216;Far More Useful&#8217; Than Raising Minimum Wage</a></li>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Markus Mainka / Shutterstock.com

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