Valens Semiconductor (NYSE:VLN) Azioni

Valens Semiconductor

Valens Semiconductor Ltd is a provider of semiconductor products, pushing the boundaries of connectivity by enabling long-reach, high-speed video, and data transmission for the audio-video and automotive industries. It operates in two segments: Cross Industry Business, which includes solutions for the non-automotive verticals, including audio-video, industrial, machine vision and medical markets, that deliver superior, plug-and-play convergence and distribution of different interfaces, through a single long-distance category cable; and Automotive segment products enable safe and resilient high-speed in-vehicle connectivity for car architectures, realizing the vision of connected and autonomous cars. The company's geographical revenue is derived from Hungary.

Valens Semiconductor Ltd. Ordinary Shares

Valens Semiconductor Ltd

Valens Semiconductor Ltd. Warrants, each warrant to purchase one-half of one Ordinary Share

Velan Inc

Van Lanschot Kempen NV

Elon Musk's artificial intelligence venture xAI is reportedly <a href="https://www.benzinga.com/general/social-media/25/03/44404525/elon-musk-paid-high-price-for-twitter-but-after-years-of-declining-value-x-is-once-again-worth-44-billion">seeking to raise $5 billion</a> through loans and bonds with the help of Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>), amid lingering debt concerns from his Twitter acquisition and a political split with Donald Trump.
What Happened: Morgan Stanley has begun marketing a $5 billion debt package for xAI, offering investors two options: a floating-rate loan priced at 97 cents on the dollar with a rate of 700 basis points over the SOFR benchmark, or a fixed-rate loan and bond deal at 12%, reported Reuters, citing sources familiar with the matter.
According to the report, the offering is a "best efforts" deal, meaning Morgan Stanley will not guarantee the full raise or commit its own capital—an approach reflecting caution amid uncertain macroeconomic and political conditions.
The bank held investor meetings last week to present preliminary financials for xAI, the report added.
Morgan Stanley did not immediately respond to <a href="https://pro.benzinga.com/dashboard">Benzinga's</a> request for comments.
See Also:&nbsp;<a href="https://www.benzinga.com/tech/25/04/45090992/mark-zuckerberg-warns-of-serious-disadvantage-as-chinas-data-center-blitz-could-let-deepseek-leapfrog-us-ai-labs" target="_blank" rel="noreferrer noopener">Mark Zuckerberg Warns Of ‘Serious Disadvantage&#8217; As China&#8217;s Data-Center Blitz Could Let DeepSeek Leapfrog US AI Labs</a>
Why It's Important: The decision to avoid financial commitment may stem from the $13 billion debt Morgan Stanley and other banks underwrote in <a href="https://www.benzinga.com/markets/mutual-funds/24/09/41103959/elon-musk-bought-x-for-44b-now-fidelity-values-social-media-network-below-10b">Musk's 2022 Twitter buyout</a>, which they were unable to offload for over two years, the report said.
That debt was only sold earlier this year after X's operating performance improved and investor interest returned.
The $5 billion raise also comes as <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45852346/elon-musk-recently-said-yes-to-impeaching-trump-and-the-odds-of-that-happening-in-2025-rose-on-this-crypto-betting-market">Musk's political ties with President Trump</a> have deteriorated, creating uncertainty around the federal support his companies may receive.
xAI is also reportedly pursuing $20 billion in equity funding at a valuation between $120 billion and $200 billion, the report noted, citing people familiar with the matter.
Benzinga's Edge Stock Rankings show a positive outlook for Morgan Stanley over the short, medium and long term. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">For a deeper look at the metrics, click here</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10013610/Screenshot-2025-06-10-at-11.01.41%E2%80%AFAM.png" alt="" class="wp-image-944126" /></a></figure>
Photo Courtesy: JRdes on Shuttertsock.com
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45396297/cathie-wood-dumps-palantir-as-stock-touches-peak-prices-bails-on-soaring-flying-taxi-maker-archer-aviation" target="_blank" rel="noreferrer noopener">Cathie Wood Dumps Palantir As Stock Touches Peak Prices, Bails On Soaring Flying-Taxi Maker Archer Aviation</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

News

Markets

Tech

Media

Elon Musk's xAI Seeks $5 Billion Via Morgan Stanley Amid Trump Rift And 2022 Twitter Debt Hangover: Report

Macro Economic Events

Econ #s

Economics

U.K. Unemployment Rate For April 4.6% Vs. 4.6% Est.; 4.5% Prior

U.K. Employment Change 3M/3M (MoM) For April 89K Vs. 112K Prior

U.K. Claimant Count Change For May 33.1K Vs. 9.5K Est.; -21.2K (Revised) Prior

U.K. Average Earnings Index +Bonus For April 5.3% Vs. 5.5% Est.; 5.6% (Revised) Prior

VIRT

Virtu Financial And Limina Launch Strategic TradeOPS Collaboration, Onboard First Joint Client Cliens

CEVA

Elliptic Labs Integrates AI Virtual Smart Sensor Platform With Ceva's NeuPro-Nano NPU For Smarter Edge Devices

<ul>
<li>Guidance confirmed for clinical milestones for MP0533 and MP0712 in H2 2025</li>
<li>Cash reach now anticipated to extend into 2028</li>
</ul>

MOLN

Molecular Partners To Cut Up To 40 Jobs In Strategic Review, Extends Cash Runway Into 2028

MAG Silver Files Management Circular Ahead Of July 10 Vote On $2.1B Pan American Acquisition Deal

President Donald Trump's sweeping tax-and-spending bill would seed a $1,000 "Trump Account" for every U.S. baby born from Jan. 1, 2025, through Jan. 1, 2029, giving parents a new, stock-indexed nest egg they could add to, but not touch, until the child turns 18.
What Happened: If parents do nothing, the Treasury would open the account at birth with a $1,000 federal deposit, reveals a White House press release. Families could contribute up to $5,000 a year and foundations could give more because gifts from tax-exempt entities do not count against the cap.
Sen. Ted Cruz (R-TX), who <a href="https://www.benzinga.com/general/education/25/05/45404380/sen-ted-cruz-wants-to-give-americans-1000-at-birth-to-invest-bill-ackman-says-hes-been-a-fan-of-this-idea-for-years">drafted the idea</a> before it got a Trump rebrand, calls the starter stake "transformative" because it puts even non-investors "in the game." Supporters argue the plan mirrors state-level "baby bond" initiatives such as Connecticut's 2023 trust, and borrows from Sen. Cory Booker's (D-NJ) Democratic plan to narrow the wealth gap with federally seeded children's accounts.
Earnings would be taxed as long-term capital gains if spent on college, training, or a first home and would be penalized if used for other purposes, according to the Cruz proposal. A Milken Institute paper by former SEC commissioner Michael Piwowar and economist Robert Shapiro estimates the $1,000 seed could average $8,000 in 20 years, $69,000 in 40 and $574,000 in 60, assuming historical stock returns.
See also: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45852628/peter-schiff-left-unfazed-as-bitcoin-spikes-above-110000-doesnt-agree-his-legacy-is-destroyed-ill-eventually-be-proven-right">Peter Schiff Left Unfazed As Bitcoin Spikes Above $110,000, Doesn&#8217;t Agree His Legacy Is Destroyed: &#8216;I&#8217;ll Eventually Be Proven Right&#8217;</a>
Why It Matters: The House folded the provision into a 1,100-page package Trump touts as his "<a href="https://www.benzinga.com/25/05/45558613/house-advances-trumps-sweeping-one-big-beautiful-bill-after-key-medicaid-tax-and-border-security-changes">big, beautiful bill</a>." It now heads to the Senate, where Republicans must trim spending or rely on budget-reconciliation rules to secure 51 votes. Business lobbyists, including Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>), Salesforce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) and Goldman Sachs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) have pledged to match worker contributions, but fiscal hawks warn the program's $3-billion-a-year cost could rise if participation is high.
Some advisers applaud the concept yet question the design. Russell Investments CEO Zach Buchwald <a href="https://www.planadviser.com/know-gops-proposed-trump-accounts/">told</a> PlanAdvisor the measure "misses a critical piece" by skipping dedicated retirement features. Zach Teutsch, managing partner at Values Added Financial, told Yahoo Finance the account <a href="https://finance.yahoo.com/news/trumps-new-maga-accounts-are-getting-a-thumbs-down-from-financial-experts-220242429.html">looks</a> "ill-considered" beside 529 college plans or Roth IRAs, which offer tax-free withdrawals.
Handing every newborn $1,000 to invest in stocks both violates the Constitution, <a href="https://x.com/PeterSchiff/status/1932150389199311193">argues</a> economist Peter Schiff. He says Washington should cut today's deficit instead of adding debt that children will have to repay tomorrow.
Photo Courtesy: Phil Mistry on Shutterstock.com
Donald Trump &#x7C; Photo courtesy: Joey Sussman / Shutterstock.com
Read next: <a href="https://www.benzinga.com/markets/tech/25/06/45852700/openai-surges-past-10-billion-in-annualized-revenue-amid-record-chatgpt-use-leaves-rivals-like-amazon-backed-anthropic-behind">OpenAI Surges Past $10 Billion In Annualized Revenue Amid Record ChatGPT Use, Leaves Rivals Like Amazon-Backed Anthropic Behind</a>

Equities

Personal Finance

DELL

UBER

Trump Account Promises $1000 For Every Kid — But Not Everyone Thinks Its The Smartest Idea Out There

Venture capitalist Chamath Palihapitiya admired Circle Internet Group&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>) successful Wall Street debut on Monday, suggesting it could pave the way for more cryptocurrency companies to enter public markets.
What Happened: Palihapitiya took to X to comment on the recent public listing of the stablecoin issuing company. He highlighted Circle&#8217;s potential advantage over competitors, given its&nbsp;&#8220;head start&#8221; and the resources it managed to raise&nbsp;through its IPO.
&#8220;The IPO's success also suggests that public markets are open to new listings, especially from crypto companies, and reinforces that regulatory clarity may be the decisive factor in opening both private and public markets,&#8221; the tech investor added.
The SPAC King noted that Circle built an infrastructure for stablecoin issuance and settlement ahead of regulatory and legal clarity in the U.S., and he hoped that <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45510057/senate-crypto-bill-passes-key-vote-genius-act-moves-toward-final-passage">legislation defining a framework for the space</a> would be formalized soon.
<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">What I Read This Week… Circle went public this week in one of the most successful IPOs in recent memory, with shares 25× oversubscribed and the company raising $1 billion, more than double expectations. Shares priced at $31 closed their first day of trading on the NYSE at $83,…
&mdash; Chamath Palihapitiya (@chamath) <a href="https://twitter.com/chamath/status/1932154943789736304?ref_src=twsrc%5Etfw">June 9, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: Forget Dollars: Willy Woo Says Bitcoin Will Be Priced Against Global GDP — &#8216;Gold Used To Be That Money, BTC Is The Challenger&#8217;
Why It Matters: Circle, the issuer of USD Coin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>) took the Wall Street by storm, with shares popping 168% <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45800399/circle-surges-to-69-in-nyse-debut-raising-1-1b-as-investors-bet-on-stablecoins-going-mainstream" target="_blank" rel="noreferrer noopener">from the IPO price</a> on its debut. 
Palihapitiya had previously suggested that acquiring Circle could potentially be a valuable acquisition for cryptocurrency companies like&nbsp;Ripple Labs&nbsp;or&nbsp;Coinbase Global Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), given the potential value of the stablecoin market.
However, some industry experts have <a href="https://www.benzinga.com/markets/offerings/25/06/45785682/chamath-palihapitiya-says-circle-ipo-valued-at-7-billion-means-its-a-genius-buy-for-coinbase-heres-why">advised caution</a>. Former Goldman Sachs executive Dom Kwok suggested <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45830632/ex-goldman-executive-on-circles-168-ipo-spike-dont-rush-to-buy-stock-as-bankers-engineer-a-pop-cites-facebook-example">investors wait for the lockup period to end</a> before investing in Circle, citing potential selling by insiders and early investors.
Price Action:&nbsp; Shares of Circle were up 2.20% in after-hours trading after closing 7.01% higher at $115.25 during Monday&#8217;s regular trading session, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>. Since its debut, the stock has popped a whopping 271%.
Are you looking to gain exposure to cryptocurrency-linked stocks? Discover the most appealing among them based on key metrics like Momentum, Growth, and Quality with the <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Benzinga Edge Stock Rankings</a>.
Photo Courtesy: Kathy Hutchins On Shutterstock.com
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://benzinga.com/markets/cryptocurrency/25/06/45842265/xrp-price-rises-amid-nasdaq-index-addition-weak-on-chain-metrics-raise-concerns" target="_blank" rel="noreferrer noopener">XRP Price Rises Amid Nasdaq Index Addition, Weak On-Chain Metrics Raise Concerns</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>

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

Cryptocurrency

IPOs

Trading Ideas

$USDC

COIN

Circle IPO Success Suggests Markets Open To New Listings, Especially From Crypto Businesses, Says SPAC King Chamath Palihapitiya

President Donald Trump says that he won't be getting rid of the Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) <a href="https://www.benzinga.com/markets/equities/25/03/44268275/trump-buys-tesla-model-s-plaid-gary-black-calls-endorsement-potentially-huge-says-it-could-drive-1-7-million-sales">Model S he had bought earlier this year</a>, following a truce with Elon Musk after <a href="https://www.benzinga.com/news/politics/25/06/45800612/trump-says-musk-has-trump-derangement-syndrome-as-battle-over-bill-heats-up-had-a-great-relationship-dont-know-if-we-will-anymore">tensions flared up between the two last week</a>.
What Happened: Speaking to the press at the White House, Trump was asked by a reporter if he would be getting rid of the Tesla as well as the Starlink satellite internet service on Monday.
"I may move the Tesla around a little bit," Trump said before adding that the White House would keep using Starlink because "it's a good service.&#8221;
When asked what the president meant by moving the Tesla around, he said, "I have a lot of locations. I have so many locations, I don't know what to do with them all."
Trump was then asked if he had ever seen Musk get into a physical brawl with U.S. Treasury Secretary Scott Bessent. The president said he "didn't see a lot of physicality", but did acknowledge that the pair had gotten into an argument.
Speaking about Musk's alleged use of drugs as well as the possibility of Musk having drugs at the White House, Trump said he didn't think Musk did. "Look, I wish him well, you understand. We had a good relationship, I just wish him well, very well, actually," Trump said.
<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">NEWS: President Trump says he's not going to sell his Tesla or get rid of Starlink at the White House. "No, I may move the Tesla around a little bit." On Starlink Trump said: "It's a good service." <a href="https://t.co/pYQHdvIi3K">pic.twitter.com/pYQHdvIi3K</a>
&mdash; Sawyer Merritt (@SawyerMerritt) <a href="https://twitter.com/SawyerMerritt/status/1932163344020238403?ref_src=twsrc%5Etfw">June 9, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Trump's comments follow an intense few days between him and Musk after the Tesla CEO slammed Trump as well as the government for the <a href="https://www.benzinga.com/news/25/05/45635854/elon-musk-disappointed-with-trumps-big-beautiful-bill-says-it-undermines-the-work-that-the-doge-team-is-doing">Big Beautiful Bill.</a> Musk had called the bill, which would axe the subsidies and incentives on EVs and solar power, among other things, a &#8220;disgusting abomination.&#8221;
The President also reportedly believes Musk is heavily involved with drugs and has reportedly referred to the billionaire as a <a href="https://www.benzinga.com/news/politics/25/06/45829416/trump-allegedly-calling-people-to-claim-elon-musk-has-serious-drug-problem-big-time-drug-addict">"big-time drug addict" </a>in private conversations with close associates following the debacle last week, when Musk alleged Trump&#8217;s name was in the Epstein files.
Interestingly, the falling out between the two was preceded by Trump withdrawing the <a href="https://www.benzinga.com/cannabis/25/06/45715861/donald-trump-withdraws-jared-isaacmans-nomination-for-nasa-administrator-says-new-nominee-would-put-america-first-in-space">nomination of Jared Isaacman </a>for the NASA administrator job because of Isaacman's "previous political associations," Trump had said. Isaacman is a close associate of Musk and shared<a href="https://www.benzinga.com/general/space/25/04/44730104/trumps-nasa-chief-pick-isaacman-tells-senate-we-will-prioritize-sending-american-astronauts-to-mars"> his Mars ambitions</a>.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="220" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/09235701/TSLA-JUN-10-2025-1024x220.jpg" alt="" class="wp-image-944081" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/09235701/TSLA-JUN-10-2025-1024x220.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/09235701/TSLA-JUN-10-2025-300x64.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/09235701/TSLA-JUN-10-2025-768x165.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/09235701/TSLA-JUN-10-2025-1536x329.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/09235701/TSLA-JUN-10-2025.jpg 1553w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Tesla scores well on Momentum, Quality and Growth metrics, but offers poor Value. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge Stock Rankings</a> today!
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45564489/trumps-big-tax-bill-clears-the-house-30-year-yields-jump-to-515-as-bond-market-freaks">Trump&#8217;s Big Tax Bill Clears The House: 30-Year Yields Jump To 5.15% As Bond Market Freaks</a></li>
</ul>
Photo courtesy: Joey Sussman / Shutterstock.com

TSLA

Trump Says He Won't Ditch Tesla Model S Or Starlink As Feud With Elon Musk Cools: 'I Wish Him Well'

Reported Earlier, National Australia Bank Business Confidence For May 2 Vs. -1 Prior

Reported Earlier, U.K. BRC Retail Sales Monitor (YoY) For May 0.6% Vs. 2.7% Est.; 6.8% Prior

OpenAI's explosive <a href="https://www.benzinga.com/news/24/10/41593078/openai-reveals-75-of-its-revenue-comes-from-one-service">growth continues</a>, nearly doubling since December 2024, driven by surging global demand for ChatGPT.
What Happened: On Monday, OpenAI confirmed that its <a href="https://www.benzinga.com/news/23/09/34796702/openais-meteoric-rise-1-billion-in-annual-revenue-on-the-horizon">annualized revenue</a> run rate reached $10 billion, up from $5.5 billion at the end of 2024, reported Reuters, citing a spokesperson.
The figure excludes licensing revenue from Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and any large one-time deals, focusing solely on recurring and direct income streams.
The company's flagship product, ChatGPT, has seen widespread adoption across both consumer and enterprise users, with 500 million weekly active users reported as of March, the report said.
See Also:&nbsp;<a href="https://www.benzinga.com/tech/25/04/45090992/mark-zuckerberg-warns-of-serious-disadvantage-as-chinas-data-center-blitz-could-let-deepseek-leapfrog-us-ai-labs" target="_blank" rel="noreferrer noopener">Mark Zuckerberg Warns Of ‘Serious Disadvantage' As China's Data-Center Blitz Could Let DeepSeek Leapfrog US AI Labs</a>
OpenAI has monetized the platform through multiple offerings, including ChatGPT Plus subscriptions and enterprise-level tools for businesses.
The update indicates OpenAI is on pace to reach its internal revenue goal of $12.7 billion for 2025. That would mark a dramatic financial turnaround for the company, which lost $5 billion in 2024, the report added.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It's Important: In March, OpenAI said it plans to <a href="https://www.benzinga.com/25/04/44580172/openai-finalizes-historic-40-billion-funding-round-valuing-company-at-300-billion-with-backing-from-softbank-and-microsoft">raise up to $40 billion</a> in a new funding round led by SoftBank Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>), potentially valuing the company at $300 billion.
Earlier, it was reported that Anthropic, an AI startup backed by Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Google, a subsidiary of 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>), surpassed <a href="https://www.benzinga.com/cannabis/25/06/45714044/amazon-and-google-backed-ai-startup-anthropic-reportedly-hits-3-billion-in-annualized-revenue-wheres-chatgpt-parent-openai-at">$3 billion in annualized revenue</a> after <a href="https://www.benzinga.com/25/01/43127416/anthropic-gains-big-with-google-backing-aiming-for-60-billion-valuation-and-surging-ai-revenue">hitting $1 billion</a> in December 2024.
Anthropic currently holds a valuation of $61.5 billion after <a href="https://www.benzinga.com/tech/25/03/44099466/bitcoin-ethereum-dogecoin-nosedive-as-trumps-tariff-moves-wipe-out-crypto-reserve-fueled-gains-analyst-says-breaking-through-this-barrier-will-help-btc-touch-new-highs">securing $3.5 billion</a> in funding.
Benzinga&#8217;s Edge Stock Rankings indicate that Microsoft has a favorable outlook across the short, medium and long term. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">More in-depth metrics can be found here</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10002241/Screenshot-2025-06-10-at-9.49.58%E2%80%AFAM.png" alt="" class="wp-image-944088" /></a></figure>
Photo Courtesy: Primakov On Shutterstock.com
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45396297/cathie-wood-dumps-palantir-as-stock-touches-peak-prices-bails-on-soaring-flying-taxi-maker-archer-aviation" target="_blank" rel="noreferrer noopener">Cathie Wood Dumps Palantir As Stock Touches Peak Prices, Bails On Soaring Flying-Taxi Maker Archer Aviation</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

AMZN

GOOG

GOOGL

MSFT

SFTBF

SFTBY

OpenAI Surges Past $10 Billion In Annualized Revenue Amid Record ChatGPT Use, Leaves Rivals Like Amazon-Backed Anthropic Behind

Economist Peter Schiff&nbsp;remained skeptical about Bitcoin&#8217;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) surge past $110,000 Monday, insisting that he will eventually be proven right about the apex cryptocurrency&#8217;s downfall.
What Happened: Schiff took to X to comment on Bitcoin&#8217;s latest rally, asking, &#8220;Bitcoin is back above $110,000,&nbsp;what&#8217;s up with that?&#8221; 
Soon critics swarmed on Schiff&#8217;s post, mocking his Bitcoin skepticism. &#8220;It will soon be above the [market cap] of Gold and there's nothing you can do about it,&#8221; said one user with a pseudonym CRYPTOWARRIOR.
 I don&#8217;t&nbsp;have to do anything about&nbsp;it. It&#8217;s&nbsp;extremely unlikely to ever happen,&nbsp;especially with gold&#8217;s market cap rising. I&#8217;ll eventually be proven right,&#8221; Schiff replied.
<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&#39;ll eventually be proven right.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1932213371753120002?ref_src=twsrc%5Etfw">June 9, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Another X user Grams told Schiff that his legacy stands &#8220;destroyed&#8221; due to his wrong predictions about Bitcoin. However, the gold bug said he will &#8220;eventually be proven right.&#8221;
See Also:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/06/45841991/anthony-pompliano-says-bitcoins-endgame-is-hyper-bitcoinization" target="_blank" rel="noreferrer noopener">Anthony Pompliano Says Bitcoin&#8217;s Endgame Is Hyper-Bitcoinization</a>
Why It Matters: Schiff&#8217;s remarks in the wake of Bitcoin&#8217;s <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45852222/bitcoin-crosses-110000-ethereum-and-dogecoin-also-surge-amid-us-china-trade-optimism-analyst-says-eth-building-up-next-big-breakout">sharp rally</a> on Monday, where it spiked above $110,000 after a two-week gap. This surge followed trade talks between the U.S. and Chinese officials, which could have stoked investor optimism.
Schiff&#8217;s skepticism towards Bitcoin is not new. He has previously referred to Bitcoin as a &#8220;digital risk,&#8221; especially during times of economic uncertainty. During&#8217;s Bitcoin downturn in April, he predicted that the financial turmoil of 2025 could <a href="https://in.benzinga.com/25/04/44754349/bitcoins-final-crash-peter-schiff-predicts-2025-crisis-will-end-what-2008-created">mark the end of Bitcoin</a>. Since then, the apex cryptocurrency has risen 32%.
Interestingly, Schiff said in a recent podcast that his teachings on economics inadvertently <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45738505/peter-schiff-says-it-was-his-economic-teachings-that-made-people-want-to-buy-bitcoin-an-unintended-consequence#:~:text=Peter%20Schiff%20Says%20It%20Was,'An%20Unintended%20Consequence'%20%2D%20Benzinga">led many to invest in Bitcoin</a>, despite his advice against it. He stated that many attendees of the Bitcoin 2025 conference credited him as the reason they bought the leading cryptocurrency.
Price Action:&nbsp; At the time of writing, BTC was exchanging hands at $109,466.62, up 3.74% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.&nbsp;Since the beginning of 2025, the apex cryptocurrency has gained 15.94%.
Meanwhile, gold-backed cryptocurrencies such as Tether Gold&nbsp;(CRYPTO: XAUT) and PAX Gold (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/paxg/usd">PAXG</a>) were little changed, down 0.01% and 0.02%, respectively in the last 24 hours.
SPDR Gold Trust ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>). the largest gold exchange-traded fund, closed 0.47% higher at $306.62 during Monday&#8217;s regular trading session. Year-to-date, it has risen 26%. The ETF shares exhibited a high momentum as of this writing. Head to <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings</a> to check how other gold-based ETFs stack up.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="751" height="191" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/09233621/image-128.png" alt="" class="wp-image-944075" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/09233621/image-128.png 751w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/09233621/image-128-300x76.png 300w" sizes="(max-width: 751px) 100vw, 751px" /></a></figure>
Photo Courtesy: Yalcin Sonat On Shutterstock.com Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://benzinga.com/markets/cryptocurrency/25/06/45842265/xrp-price-rises-amid-nasdaq-index-addition-weak-on-chain-metrics-raise-concerns" target="_blank" rel="noreferrer noopener">XRP Price Rises Amid Nasdaq Index Addition, Weak On-Chain Metrics Raise Concerns</a></li>
</ul>

$BTC

$PAXG

Peter Schiff Left Unfazed As Bitcoin Spikes Above $110,000, Doesn't Agree His Legacy Is Destroyed: 'I'll Eventually Be Proven Right'

Apple Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) bold new Liquid Glass design in iOS 26 drew praises from Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk, but many fans — including investor Ross Gerber — think it's a <a href="https://www.benzinga.com/markets/tech/25/06/45852236/steve-jobs-would-have-fired-everyone-apples-liquid-glass-in-ios-26-gets-roasted-online-dan-ives-call">step in the wrong direction</a>.
What Happened: On Monday, during <a href="https://www.benzinga.com/markets/tech/25/06/45844424/apple-wwdc-2025-ios-26-announced-with-liquid-glass-design-new-apple-intelligence-features-and-more">Apple's WWDC 2025 keynote</a>, Apple introduced Liquid Glass, the company's new design language for iOS 26.
In a post on X, Apple CEO Tim Cook shared a video of the interface, calling it "Expressive. Delightful. But still instantly familiar."
The design features translucent elements that respond to motion and context, extending across system interfaces like the lock screen, Control Center and home screen.
Musk reposted the video on the platform, saying, "Cool."
See Also:&nbsp;<a href="https://www.benzinga.com/markets/tech/25/06/45830549/pierre-ferragu-takes-apple-to-task-for-dismissing-the-ai-revolution-has-its-head-in-the-sand" target="_blank" rel="noreferrer noopener">Pierre Ferragu Takes Apple To Task For Dismissing The AI Revolution: ‘Has Its Head In The Sand'</a>
<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">Cool <a href="https://t.co/LVkIjUR6I3">https://t.co/LVkIjUR6I3</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1932178538226168280?ref_src=twsrc%5Etfw">June 9, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
However, not everyone shared Musk's enthusiasm.
Apple's design decisions have long reflected the legacy of legendary Apple co-founder Steve Jobs, who championed clarity and simplicity.
A user on X, @Greggertruck, criticized the design, posting, "Steve Jobs would have fired everyone," alongside a screenshot of the new Control Center. The comment drew agreement from Gerber, who replied with a Hundred Points emoji.
Other users called the update "a smeary mess of colors" and compared it to a beginner's overuse of Photoshop effects.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It's Important: Apple also announced automated Call Screening, which answers calls from unknown numbers, asks for the caller's name and reason for calling and then forwards the call to the user — a long-requested privacy tool.
A major <a href="https://www.benzinga.com/markets/tech/25/06/45846510/apple-wwdc-2025-from-live-translation-to-genmoji-visual-ai-and-chatgpt-integration-here-are-the-new-apple-intelligence-features">practical addition with iOS 26</a> is Live Translation, powered by on-device Apple Intelligence. It enables real-time conversation translation in Messages, FaceTime and phone calls, and is also available for app developers via a new API.
CarPlay also saw improvements. With iOS 26, widgets designed for iPhone now work seamlessly on CarPlay and CarPlay Ultra — the latter debuting on select Aston Martin vehicles and offering car control integration.
The iOS 26 Developer Beta rolled out on Monday, with a public release scheduled for this fall.
Price Action: Apple shares declined 1.21% on Monday to close at $201.45, but saw a slight after-hours gain of 0.15%, according to <a href="http://pro.benzinga.com/">Benzinga Pro data</a>.
Benzinga&#8217;s Edge Stock Rankings indicate Apple is showing short-term bullish momentum, despite a downward trend over the medium and long term. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">More detailed metrics can be found here</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/09224147/Screenshot-2025-06-10-at-7.11.14%E2%80%AFAM-1.png" alt="" class="wp-image-944032" /></a></figure>
Photo Courtesy: Wongsakorn 2468 on Shutterstock.com
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/large-cap/25/06/45770679/alibaba-jd-see-sales-soar-in-618-festival-apple-and-xiaomi-emerge-as-top-selling-brands" target="_blank" rel="noreferrer noopener">Alibaba, JD See Sales Soar In 618 Festival, Apple And Xiaomi Emerge As Top Selling Brands</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

AAPL

Tim Cook's Liquid Glass Reveal Is 'Cool,' Says Elon Musk — Apple's New Software Design A Hit Or A Miss With Everyone Else?

Employers and plan administrators quietly shunt forgotten 401(k)s into high-fee, low-yield "safe-harbor" IRAs, potentially costing millions of job-hopping Americans tens of thousands in retirement savings, PensionBee's research shows.
What Happened: The company analyzed accounts under $7,000 that sponsors can legally roll into safe-harbor IRAs without the worker's consent. A $4,500 balance left at age 20 would grow to just $5,507 by 65 at a 2% return and typical $75-a-year charges, versus $25,856 if it stayed in a 401(k) earning 5%, a $20,000 gap on one account.
Someone who switches jobs every two years in their twenties and leaves five such balances behind could forfeit more than $90,000, nearly the median U.S. nest egg.
PensionBee notes that safe-harbor IRAs hold cash or certificates of deposit that often pay less than inflation while tacking on $1-to-$5 monthly "non-employee" fees. By contrast, the average 401(k) costs about 0.85% a year in fees, yet 41% of participants think they <a href="https://www.benzinga.com/personal-finance/24/07/40079097/41-of-people-dont-realize-theyre-paying-fees-on-their-401-k-heres-some-other-common-misconceptio">pay no fees</a> at all.
See also: <a href="https://www.benzinga.com/personal-finance/management/25/06/45833927/most-americans-cant-cover-a-2000-emergency-as-inflation-keeps-eating-their-paychecks-survey-shows">Most Americans Can&#8217;t Cover A $2,000 Emergency As Inflation Keeps Eating Their Paychecks, Survey Shows</a>
In 2023, Capitalize estimated that there were 29.2 million forgotten 401(k) accounts, holding approximately $1.65 trillion in assets. Vanguard says nearly half of departing workers now abandon their accounts.
Why It Matters: Industry players are trying to plug the leak. Fidelity, Vanguard and Alight created the Portability Services Network to automatically move sub-$7,000 balances to a new employer's plan. Regulators are also building a "lost-and-found" <a href="https://lostandfound-intake.dol.gov/">database</a> mandated by SECURE 2.0 so workers can track stray accounts. Until those fixes take hold, advisers urge savers to consolidate.
Meanwhile, personal finance expert Suze Orman recently warned that <a href="https://www.benzinga.com/personal-finance/25/03/44567830/suze-orman-warns-this-401k-mistake-when-switching-jobs-could-cost-you-300000">failing to adjust</a> your 401(k) contributions after switching jobs could leave you with significantly less retirement money, which could go up to $300,000 less, according to Vanguard.
Photo Courtesy: Tada Images on Shutterstock.com
Read next: <a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/06/45838712/are-etfs-digging-the-grave-of-traditional-mutual-funds-2-trillion-outflows-say-so">Are ETFs Digging The Grave Of Traditional Mutual Funds? $2 Trillion Outflows Say So</a>

American Job Hobbers Are Silently Bleeding Retirement Savings — A Problem Big Enough To Alarm The Likes Of Suze Orman

The odds that President Donald Trump would be impeached this year saw a spike on Polymarket after tech mogul Elon Musk backed a call to remove him from office.&nbsp;
What happened: As of this writing, the betting contract titled "Will Trump be impeached in 2025?" had 10% odds in its favor on the decentralized prediction platform.
The likelihood reached a peak of 14% in mid-April but declined in the subsequent weeks, falling to 8% last week. However, the odds <a href="https://www.benzinga.com/news/politics/25/06/45808078/elon-musk-says-yes-to-impeaching-trump-replacing-him-with-jd-vance-amid-fierce-back-and-forth-over-big-beautiful-bill">started rising again</a> after Musk supported impeaching Trump and replacing him with Vice President JD Vance.
More than $819,000 has been wagered on the outcome. The market will vote &#8220;Yes&#8221; if the House of Representatives votes by a simple majority to adopt or pass one or more articles of impeachment against Trump.&nbsp;
The House has the sole power to initiate the impeachment. The Senate then has the sole power to hold a trial and decide whether to convict or acquit the president.
Trump is the only U.S. president in history to be <a href="https://www.benzinga.com/general/politics/23/09/34801852/new-poll-finds-nearly-half-of-registered-voters-support-republicans-impeachment-inquiry-into-pre">impeached twice</a>, although he hasn&#8217;t been convicted.
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/crypto/cryptocurrency/25/06/45740537/forget-dollars-willy-woo-says-bitcoin-will-be-priced-against-global-gdp-gold-used-to-be-that-money-btc-is-the-challenger">Forget Dollars: Willy Woo Says Bitcoin Will Be Priced Against Global GDP — &#8216;Gold Used To Be That Money, BTC Is The Challenger&#8217;</a>
Note that Polymarket, based on Polygon (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">POL</a>), is not <a href="https://www.benzinga.com/24/11/41838037/will-polymarket-return-to-the-us-after-getting-trump-victory-right-ceo-says-its-part-of-the-plan">available to U.S. residents</a> due to regulatory restrictions.
Why It Matters: These odds come amid an <a href="https://www.benzinga.com/news/politics/25/06/45829875/elon-musk-reportedly-slammed-into-scott-bessent-like-a-rugby-player-after-being-called-a-fraud-trump-said-this-is-too-much">escalating public feud</a> between Musk and President Donald Trump.&nbsp;
The fallout was triggered by Musk&#8217;s <a href="https://www.benzinga.com/news/25/05/45635854/elon-musk-disappointed-with-trumps-big-beautiful-bill-says-it-undermines-the-work-that-the-doge-team-is-doing">sharp attack on Trump&#8217;s &#8220;big, beautiful bill</a>&#8220;. The conflict worsened when Trump said he was &#8220;very surprised&#8221; and &#8220;very disappointed&#8221; by Musk&#8217;s remarks.
The fallout turned ugly, with Musk accusing the Trump administration of <a href="https://www.benzinga.com/news/politics/25/06/45828121/elon-musks-bombshell-about-donald-trump-in-epstein-docs-heres-the-truth-behind-the-claim">withholding documents</a> related to Jeffrey Epstein. Trump responded by calling Musk "crazy" and threatening to cancel federal contracts and subsidies awarded to Musk's businesses.
Photo Courtesy: RKY Photo on Shutterstock.com
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45739199/american-politicians-dont-believe-bitcoin-can-co-exist-peacefully-with-the-dollar-says-this-popular-btc-maximalist-heres-why">American Politicians Don&#8217;t Believe Bitcoin Can &#8216;Co-Exist Peacefully&#8217; With The Dollar, Says This Popular BTC Maximalist: Here&#8217;s Why</a></li>
</ul>

Politics

$POL

Elon Musk Recently Said 'Yes' To Impeaching Trump And The Odds Of That Happening In 2025 Rose On This Crypto Betting Market

Shares of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) recovered on Monday following a roller-coaster week involving feuds between President Donald Trump and the company&#8217;s CEO, Elon Musk, and this one prominent investor saw it all coming.
What Happened: On Monday, Gary Black, the managing partner at Future Fund LLC, highlighted his predictions on Tesla, Musk and Trump a week ago, which have since been realized.
&#8220;As predicted,&#8221; the renowned Tesla bull said, while quoting his posts from the prior week, where he had claimed that the company&#8217;s shares were now &#8220;oversold&#8221; following a 13.8% decline during the week, a result of Trump and Musk&#8217;s dramatic public feud.
Black had predicted that this feud would eventually die down, as it has this week, while adding that Musk would de-escalate the rhetoric leading up to the launch of Tesla&#8217;s much-awaited Robotaxis in Austin on June 12. 
See Also: <a href="https://www.benzinga.com/news/politics/25/06/45845525/exclusive-should-musk-be-fired-from-tesla-after-trump-feud-45-say-this-in-new-poll">Should Musk Be Fired From Tesla After Trump Feud? 45% Say This In New Poll</a>
While he acknowledges that he&#8217;s unsure of the &#8220;lasting impact to $TSLA from the extraordinary events of the past 24 hours,&#8221; he remains certain that the stock is now in &#8220;oversold territory.&#8221;
&#8220;Both Musk and Trump have other priorities far more important than each other,&#8221; Black says, with Trump having to get his &#8220;Big, Beautiful Bill&#8221; through the Senate by the 4th of July, and Musk occupied with the Robotaxi, which is crucial for the company&#8217;s goal of getting &#8220;unsupervised autonomy approved everywhere.&#8221;
Tesla shares have since responded in kind, with a 4.55% rally on Monday, trading at $308.58 per share, and up 8.38% from its low point last week. 
<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">As predicted. <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> <a href="https://t.co/tybCR2kmWI">https://t.co/tybCR2kmWI</a>
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1932178928799555971?ref_src=twsrc%5Etfw">June 9, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: A long-time Tesla bull, Black sold the <a href="https://www.benzinga.com/tech/25/05/45665076/gary-blacks-future-fund-sells-remaining-tesla-stock-reitrates-310-price-target-tslas-valuation-has-become-disconnected">entirety of his fund&#8217;s stake</a> in the company two weeks ago, citing its high valuation that he deems as being &#8220;disconnected from reality.&#8221;
Black highlighted <a href="https://www.benzinga.com/markets/guidance/25/05/45710828/gary-black-questions-teslas-sky-high-forward-p-e-ratio-long-term-growth-rate-needed-to-justify-a-180x-p-e-would-cause-tsla-market-cap-to-be-bigger">Tesla&#8217;s staggering 180x earnings</a> as unsustainable, saying that &#8220;The long-term growth rate needed to justify a 180x P/E would cause TSLA market cap to be bigger than $AAPL and $MSFT, which seems insane since both have huge TAMs, unassailable brands, and highly predictable future cash flow streams.&#8221;
Other leading analysts have <a href="https://www.benzinga.com/news/25/06/45840954/this-tesla-analyst-is-no-longer-bullish-here-are-top-5-downgrades-for-monday">since echoed this take</a>, with Bill Selesky of Argus Research downgrading the stock from a &#8220;Buy&#8221; to a &#8220;Hold,&#8221; with a price target of $295.14.
However, Dan Ives, a senior analyst at Wedbush Securities, has a <a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/06/45841922/tesla-remains-the-most-undervalued-ai-play-dan-ives">contrarian take</a> on the stock, seeing a potential $2 trillion market cap by the end of 2026, while calling it &#8220;the most undervalued AI play in the market today.&#8221;
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="148" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/09220448/Screenshot-2025-06-10-at-7.34.37-AM-1024x148.png" alt="" class="wp-image-944007" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/09220448/Screenshot-2025-06-10-at-7.34.37-AM-1024x148.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/09220448/Screenshot-2025-06-10-at-7.34.37-AM-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/09220448/Screenshot-2025-06-10-at-7.34.37-AM-768x111.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/09220448/Screenshot-2025-06-10-at-7.34.37-AM.png 1526w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
The stock scores remarkably well across Momentum, Growth and Quality according to Benzinga&#8217;s Edge Stock Rankings, with a favorable price trend in the short and long terms. Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> for deeper insights into the stock. 
Photo Courtesy: Tada Images On Shutterstock.com
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/06/45851993/mr-wonderful-kevin-oleary-says-he-was-once-told-by-a-ceo-to-shut-up-and-that-leveled-up-his-negotiation-skills-fellow-shark-mark-cuban-also-fle">Mr Wonderful, Kevin O&#8217;Leary, Says He Was Once Told By A CEO To &#8216;Shut Up&#8217; And That Leveled Up His Negotiation Skills — Fellow &#8216;Shark&#8217; Mark Cuban Also Flexes This Superpower</a></li>
</ul>

Gary Black's Tesla Prediction Holds Up: Stock Recovers As Musk-Trump Feud Fades, Robotaxi Launch Looms

Earnings

Press Releases

Valens Semiconductor Reports Fourth Quarter and Full Year 2024 Results

Valens Semiconductor to Participate at the 37th Annual ROTH Conference on March 17-18

Valens Semiconductor to Showcase High-Performance Connectivity Innovations for AI Applications at Embedded World 2025

Valens Semiconductor, RGo Robotics, and CHERRY Embedded Solutions Partner to Design Optimized AI Robotic Systems

Contracts

Valens Semiconductor Partners with Seven MIPI A-PHY Silicon Vendors, Successfully Completing Product Interoperability Testing to Advance the MIPI A-PHY Ecosystem in China and Globally

Mobileye selects Valens Semiconductor's VA7000 MIPI A-PHY chipsets for automated and autonomous driving projects

Valens Semiconductor to Announce First Quarter 2025 Financial Results on May 7, 2025

Valens Semiconductor and ESWIN Computing Partner to Bring a Joint MIPI A-PHY Offering for the China Market

Valens Semiconductor Reports First Quarter 2025 Results

Valens Semiconductor's CEO, Gideon Ben Zvi will step down from office by the end of 2025

INTC

MBLY

Alpha and Omega Semiconductor Limited - Common Shares

Alpha & Omega

Blaize Holdings

Canadian Solar

Datavault AI

GCT Semiconductor Holding, Inc. Common Stock

GCT Semiconductor Hldgs

GSI Technology

Intchains Group Limited - American Depositary Shares

Intchains Gr

ChipMOS TECHNOLOGIES INC. - American Depositary Shares

ChipMOS TECHNOLOGIES

indie Semiconductor, Inc. - Class A Common Stock

Indie Semiconductor

JinkoSolar Holding Company Limited American Depositary Shares (each representing 4 Common Shares)

JinkoSolar Holding Co

Kopin

SEALSQ

Everspin Technologies, Inc. - Common Stock

Everspin Technologies

Magnachip Semiconductor Corporation Common Stock

MagnaChip Semiconductor

Nano Labs

Penguin Solutions, Inc. - Ordinary Shares

Penguin Solutions

Pixelworks

QuickLogic

SkyWater Technology

Sequans Communications S.A. American Depositary Shares (each representing ten (10) Ordinary Shares)

Sequans Communications

Toyo Co

WISeKey International Holding Ltd - American Depositary Shares

WISeKey Intl Holding

Wolfspeed

Needham

Chardan Capital

Citigroup

Oppenheimer

Roth MKM

Screenshot 2024-12-23 at 8.37.49 PM

Emerging Markets

Movers & Shakers

Interview

Electromagnetic Interference Can Derail Critical Auto Safety Features - This Chip Maker May Have A Solution

Screenshot 2024-12-20 at 6.46.10 PM

Valens&#39; Double-Digit Growth Plans; ADAS, Video Conferencing, Industrial And Medical Imaging To Power Revenue

Comments

Valens Semiconductor

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO