Weatherford International Azioni (NASDAQ: WFRD)

Ultime notizie per Weatherford International (NASDAQ:WFRD) Azioni

Weatherford International

Weatherford International provides diversified oilfield services across international markets for an array of oilfield types. The firm is a global market leader in artificial lift and tubular running services. Other key product lines include cementing products, directional drilling, and wireline evaluation.

Weatherford International plc - Ordinary shares

Weatherford International PLC

In May, Zeekr Group delivered a total of 46,538 vehicles across its Zeekr and Lynk &amp; Co brands, reflecting a 15.2% year-over-year growth and a 12.6% increase compared to the previous month. This accomplishment was realized thanks to the trust and support of nearly 1.95 million users. In particular, the Zeekr brand delivered 18,908 vehicles, while Lynk &amp; Co delivered 27,630 vehicles.

News

Reported Saturday, ZEEKR's Cumulative Deliveries Reached 46,538 In May (+15.2% YoY), With 18,908 From Zeekr And 27,630 From Lynk & Co.

In May 2025, XPENG delivered 33,525 Smart EVs, representing growth of 230% year-over-year, surpassing 30,000 units for the seventh consecutive month. For the first five months of 2025, XPENG delivered 162,578 Smart EVs, marking a 293% increase compared to the same period last year.

XPEV

Reported Saturday, XPENG's May 2025 Delivery Update: Delivered 33,525 Vehicles, Up 230% YoY

<ul>
<li>23,231 vehicles were delivered in May 2025,&nbsp;increasing by 13.1% year-over-year</li>
<li>89,225 vehicles were delivered year-to-date in 2025, increasing by 34.7% year-over-year</li>
<li>Cumulative deliveries reached 760,789 as of May 31, 2025</li>
</ul>

NIO Delivers 23,231 Vehicles In May, Marking 13.1% Year-Over-Year Growth

In further consideration of Indivior's listing structure, the Board now believes that the London Delisting will be beneficial for the following reasons:
<ul>
<li>Fully aligns with Indivior's most attractive and valuable opportunity set – U.S. SUBLOCADE;</li>
<li>Better reflects the Company's geographic net revenue profile; over 80% of net revenue is generated from the U.S.;</li>
<li>Eliminates the cost and complexity of maintaining a secondary listing;</li>
<li>Recognizes that liquidity on Nasdaq now far outweighs liquidity on the LSE; as of May 27th, trading on the Nasdaq now accounts for approximately 75% of total trading volume across both exchanges over the last 30 days;</li>
<li>Takes account of the location of most holders of Ordinary Shares by value; over 70% are now held by shareholders located in the U.S.; and</li>
<li>Permits timing of material news announcements that aligns with the Company's U.S. peer set.</li>
</ul>

INDV

Indivior To Delist From LSE, Citing US Revenue Dominance And Higher Nasdaq Liquidity In Move To Streamline Operations

Macro Economic Events

Econ #s

Economics

U.K. Nationwide HPI (YoY) For May 3.5% Vs. 2.9% Est.; 3.4% Prior

U.K. Nationwide HPI (MoM) For May 0.5% Vs. 0.0% Est.; -0.6% Prior

A wallet linked to Ross Ulbricht, the creator of illegal drug marketplace&nbsp;Silk Road, received over $30 million in Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) on Saturday, sparking intrigue among the cryptocurrency community.
What Happened: According to on-chain tracker Lookonchain, Ulbricht&#8217;s donation wallet&nbsp;received a transfer of 300&nbsp;BTC, approximately $31.47 million. Hours later, the stash was transferred to another wallet, details about which remained unknown as of this writing.
A message sent to the Instagram accounts of Ulbricht and his wife by Benzinga did not receive an immediate response.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Ross Ulbricht(<a href="https://twitter.com/RealRossU?ref_src=twsrc%5Etfw">@RealRossU</a>), the founder of the <a href="https://twitter.com/hashtag/SilkRoad?src=hash&amp;ref_src=twsrc%5Etfw">#SilkRoad</a> marketplace, received 300 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a>($31.4M) to his donation wallet 8 hours ago.<a href="https://t.co/3DEsM9rpBq">https://t.co/3DEsM9rpBq</a> <a href="https://t.co/JoUMNqM99p">pic.twitter.com/JoUMNqM99p</a>
&mdash; Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1929015485439389888?ref_src=twsrc%5Etfw">June 1, 2025</a></blockquote>
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Soon after, theories and conjectures arose, with observers making various claims. A cryptocurrency commentator called CR1337 said, &#8220;You want to tell me that a single entity donated 300 BTC, more than $30M, to Ross Ulbricht, and that this is not just one of his old wallets and he sent it to himself?&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">You want to tell me that a single entity donated 300 BTC, more than $30M, to Ross Ulbricht, and that this is not just one of his old wallets and he sent it to himself? <a href="https://t.co/avPg6CXIf2">https://t.co/avPg6CXIf2</a>
&mdash; CR1337 (@cryptonator1337) <a href="https://twitter.com/cryptonator1337/status/1929073295724355656?ref_src=twsrc%5Etfw">June 1, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Another user, Execute, meanwhile, invoked the ideas of &#8220;freedom, privacy, and justice&#8221; while discussing the massive transfer.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Someone just donated 300 <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> over $30 million to support Ross Ulbricht. A powerful reminder that the fight for freedom, privacy, and justice is far from over. Ross inspired a generation to question control and choose sovereignty. The world is watching.<a href="https://twitter.com/hashtag/FreeRoss?src=hash&amp;ref_src=twsrc%5Etfw">#FreeRoss</a>… <a href="https://t.co/J8xD5WEnJ4">pic.twitter.com/J8xD5WEnJ4</a>
&mdash; Execute (@0xExecute) <a href="https://twitter.com/0xExecute/status/1929207691995742231?ref_src=twsrc%5Etfw">June 1, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also:&nbsp;<a href="https://benzinga.com/cannabis/25/06/45713895/bitcoin-ethereum-dogecoin-hold-steady-amid-us-china-trade-war-tensions-analyst-foresees-big-party-if-btc-reclaims-106000" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum, Dogecoin Hold Steady Amid US-China Trade War Tensions: Analyst Foresees &#8216;Big Party&#8217; If BTC Reclaims $106,000</a>
Meanwhile, Ulbricht has managed to raise nearly <a href="https://scarce.city/collections/b25-ross-ulbricht-collection">$1.3 million</a> in&nbsp;pledged BTC by auctioning off&nbsp;personal items from before and during his imprisonment&nbsp;through the Bitcoin auction platform&nbsp;Scarce City. The items included his prison ID card, prison notebok and artworks he created while imprisoned.
Why It Matters: Ulbricht was <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43118234/president-trump-signs-executive-order-to-pardon-silk-road-creator-ross-ulbricht">pardoned</a> by President Donald Trump earlier this year as part of a campaign promise. 
Ulbricht was serving a double life sentence since 2013 for creating the darknet website Silk Road—a hub of the illegal trafficking of heroin, cocaine, LSD, and other substances, all paid for in Bitcoin.
Shortly after the pardon, <a href="https://www.benzinga.com/25/01/43150266/unclaimed-bitcoin-worth-44-million-found-in-ross-ulbrichts-wallets-but-doubts-about-the-silk-road-founders-access-to-keys">wallets belonging to&nbsp;Ulbricht were discovere</a>d, containing as many as 430&nbsp;BTC unmoved for over 13 years.
Price Action:  At the time of writing, BTC was exchanging hands at $104,903.51, up 0.19% 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>. 
Photo Courtesy: Paopano on Shutterstock.com 
Read Next: 
<ul class="wp-block-list">
<li><a href="https://benzinga.com/markets/cryptocurrency/25/05/45616666/dogecoin-shiba-inu-and-other-meme-coins-are-entry-points-to-crypto-ecosystem-report" target="_blank" rel="noreferrer noopener">Dogecoin, Shiba Inu And Other Meme Coins Are Entry Points To Crypto Ecosystem: Report</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

Markets

$BTC

Ross Ulbricht, The Silk Road Founder Pardoned By Trump Soon After His Inauguration, Receives A Whopping $31 Million Worth Of Bitcoin In Donation Wallet

<ul>
<li>Vodafone Qatar selects Nokia in major network modernization deal to drive expanded 5G coverage, reliability, and services</li>
<li>The deal entails Core modernization, expanded 5G capacity, and enhanced broadband to strengthen network reliability, service offering, and efficiency.</li>
</ul>

Vodafone Qatar Partners With Nokia To Transform 5G Network With Cloud-Native Core, Slicing Automation, And AI-Driven Assurance

SDZNY

Sandoz Brings First Interchangeable Denosumab Biosimilars To US Market With WYOST And Jubbonti, Enhancing Treatment Options For Osteoporosis And Cancer

Former U.S. Treasury Secretary Lawrence Summers warns that the U.S. Dollar may no longer be the sanctuary that investors from across the globe once counted on. 
What Happened: While speaking on The Call, a podcast by the U.S. Chamber of Commerce last week, Summers pointed to the recent shift in market correlations as evidence of trust erosion in American assets, with investor psychology around it fundamentally changing.
&#8220;If you look at the pattern,&#8221; Summers says, &#8220;they've gotten much more like the emerging market pattern than they have like the traditional American pattern,&#8221; citing the example of Latin American countries.
See Also: <a href="https://www.benzinga.com/Opinion/25/06/45714060/mark-cuban-says-these-are-the-reasons-prices-havent-risen-despite-trumps-liberation-day-tariffs-and-none-of-them-are-positive">Mark Cuban Says These Are The Reasons Prices Haven&#8217;t Risen Despite Trump&#8217;s Liberation Day Tariffs And None Of Them Are Positive</a>
Historically, any spike in global uncertainties led to a rise in U.S. Treasuries and the dollar, as investors fled to safety. Things are different this time around, as all asset classes start dropping in tandem, which, according to Summers, is a phenomenon commonly seen in fragile economies, not the world&#8217;s largest. 
Summers attributes this to &#8220;iatrogenic volatility,&#8221; a medical term used to describe the illness that you catch at the hospital, or via medical activity. 
&#8220;Latrogenic volatility in financial markets,&#8221; he says, is when policymakers, whose job is to keep the markets stable and confident, end up &#8220;undermining that stability and confidence&#8221; themselves.
With the dollar's share of global reserves declining from 85% in 1974 to 57% last year, Summers said the trend may be accelerating as the U.S. loses credibility. He concludes by saying that whether the U.S. can repair that trust depends on how policymakers respond to the growing alarm.
Why It Matters: Just a few days after the &#8220;Liberation Day&#8221; tariffs were announced, analysts at Deutsche Bank AG raised the same concern, referring to the <a href="https://www.benzinga.com/markets/equities/25/04/44756751/full-spectrum-collapse-top-bank-rings-alarm-over-simultaneous-fall-of-us-assets">simultaneous collapse</a> of U.S. equities, treasuries, and the dollar as a &#8220;full spectrum collapse,&#8221; and an &#8220;uncharted territory&#8221; for the global economy. 
A vocal critic of President Donald Trump and his tariff policies, Summers recently <a href="https://www.benzinga.com/markets/25/05/45686699/larry-summers-issues-stark-warning-the-big-beautiful-bill-is-actually-a-prescription-for-deadly-dangerous-decline">issued a warning</a> on Trump&#8217;s tax cut and spending bill, dubbed the &#8220;One Big, Beautiful Bill,&#8221; which he referred to as the prescription for a &#8220;Deadly, Dangerous Decline.&#8221;
Summers has also asked Trump to <a href="https://www.benzinga.com/markets/25/05/45556622/larry-summers-asks-trump-to-retreat-on-taxes-just-like-he-did-on-tariffs-few-more-days-like-this-and-recession-will-be-likely">walk back on the tax bill</a>, as he did with the tariffs, saying that the &#8220;country risk trade is back,&#8221; following signs of rising economic fragility.
Economist Paul Krugman has since <a href="https://www.benzinga.com/25/05/45583737/paul-krugman-warns-of-emerging-market-style-crisis-in-us-housing-crash-dollar-plunge-and-stagflation-ahead">echoed similar concerns</a>, warning of an &#8220;emerging-market-type crisis&#8221; for the United States in his newsletter last week, referring to a &#8220;sudden stop in foreign inflows&#8221; that could crash the economy, sink the Dollar, and unleash stagflation. 
Price Action: The U.S. 10-Year Treasury yields now trade at 4.416%, followed by the 20-Year and 30-Year notes at 4.953%, and 4.95%, respectively. The U.S. Dollar Index (DXY) currently trades at 99.196, down 0.14% for the day.
Photo Courtesy: paparazzza on Shutterstock.com
Read More:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/personal-finance/management/25/06/45712701/jim-cramer-predicts-were-headed-to-prices-were-not-used-to-says-you-should-invest-at-least-50-a-month-to-tackle-financial-uncertainty">Jim Cramer Predicts We&#8217;re Headed To &#8216;Prices We&#8217;re Not Used To&#8217; – Says You Should Invest At Least $50 a Month to Tackle Financial Uncertainty</a></li>
</ul>

General

Former Treasury Secretary Larry Summers Warns The Dollar Is Starting To Trade Like A Latin American Currency — Greenback Going From Safe Haven To Risk Asset?

FLNG

Flex LNG Finalizes $175M Lease Financing For Flex Courageous, Unlocking $42M And Extending Debt To 2035

Sanofi to acquire Blueprint Medicines, expanding portfolio in rare immunological disease and adding early-stage pipeline in immunology
<ul>
<li>Adds fast-growing and only approved medicine for advanced and indolent systemic mastocytosis to the Sanofi portfolio &nbsp;</li>
</ul>

BPMC

Sanofi To Acquire Blueprint Medicines For $9.5B, Paying $129/Share To Expand Rare Immunology Portfolio With Ayvakit And KIT Pipeline

BBJP

WisdomTree Trust Japan Total Dividend Fund

Reported Earlier, Japan Capital Spending (YoY) For Q1 6.4% Vs. 3.8% Est.; -0.2% Prior

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk has defended his <a href="https://www.benzinga.com/media/25/05/45534314/elon-musk-just-got-grilled-on-doge-spending-hits-back-with-were-not-kings-here">controversial tenure</a> at the Department of Government Efficiency, stating that it became a scapegoat for everything wrong in Washington.
What Happened: In an <a href="https://www.cbsnews.com/news/elon-musk-on-doge-trump-administration-and-responsibility-for-cuts/">interview</a> with CBS's David Pogue that aired Sunday, Musk said DOGE—created to slash federal spending—was unfairly blamed for problems it didn't cause.
"It's a bit unfair … DOGE became the whipping boy for everything," he told Pogue. "If there was some cut, real or imagined, everyone would blame DOGE."
Musk's four-month stint running DOGE included laying off or buying out 250,000 federal employees and <a href="https://www.benzinga.com/news/legal/25/03/44314785/judge-orders-trump-administration-to-bring-back-thousands-of-workers-affected-by-doge-cuts">slashing funding to agencies</a>. The moves sparked widespread backlash, lawsuits and even violence.
See Also: <a href="https://www.benzinga.com/media/25/05/45664231/teslas-optimus-may-be-the-first-humanoid-robot-to-achieve-high-volume-and-tech-scale-says-nvidia-ceo-jensen-huang-likely-to-be-the-next-multi-trillion-dollar-industry" target="_blank" rel="noreferrer noopener">Tesla's Optimus May Be The First Humanoid Robot To Achieve High Volume And Tech Scale, Says Nvidia CEO Jensen Huang: ‘… Likely To Be The Next Multi-Trillion Dollar Industry'</a> Despite his <a href="https://www.benzinga.com/news/25/05/45707423/trump-says-he-is-having-elon-musk-over-at-the-white-house-tomorrow-for-a-press-conference-as-billion">close ties to President</a> Donald Trump, Musk expressed discomfort with being associated with all administration policies.
"It&#8217;s not like I agree with everything the administration does," stated the Tesla CEO, adding, "I agree with much of what the administration does. But we have differences of opinion … but it&#8217;s difficult for me to bring that up in an interview because then it creates a bone of contention."
"I&#8217;m a little stuck in a bind," Musk continued, " I don&#8217;t wanna, you know, speak up against the administration, but I also don&#8217;t wanna take responsibility for everything this administration&#8217;s doing."
Why It's Important: On Friday, Musk wrapped up his contentious stint as head of the DOGE despite delivering significantly less than the projected cost savings. However, Trump presented him with a <a href="https://www.benzinga.com/news/25/05/45707425/trump-says-he-is-having-elon-musk-over-at-the-white-house-tomorrow-for-a-press-conference-as-billion">golden key to the White House</a> in recognition of his service.
The Tesla CEO&#8217;s move to step away from DOGE coincides with his criticism of Trump&#8217;s $3.8 trillion spending plan, which he called <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">disappointing and harmful</a> to the department&#8217;s goals.&nbsp;
At the same time, his renewed commitment to Tesla has sparked fresh optimism among Wall Street analysts. Wedbush Securities' Dan Ives set a bullish price target of $500, projecting the company could eventually r<a href="https://www.benzinga.com/markets/equities/25/05/45557873/tesla-bull-dan-ives-thinks-elon-musks-ev-giant-could-be-entering-a-golden-era-says-2-trillion-market-cap-on-the-table">each a $2 trillion valuation</a>.
Price Action: Tesla shares fell 3.34% on Friday, closing at $346.46. The stock edged down an additional 0.27% in after-hours trading. Year-to-date, Tesla is down 8.65%, according to <a href="http://pro.benzinga.com/">Benzinga Pro data</a>.
Benzinga Edge Stock Rankings gives Tesla a strong growth score of 91.89%.<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Click here to see how it compares with other leading stocks</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/2025/06/02003128/Screenshot-2025-06-02-at-9.59.43%E2%80%AFAM.png" alt="" class="wp-image-934523" /></a></figure>
Photo courtesy: Joshua Sukoff / Shutterstock.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.

Government

Tech

TSLA

Elon Musk Says DOGE Became A 'Whipping Boy' For Everything Real Or Imagined —  Tesla CEO Doesn't Agree With Everything White House Does But Won't Speak Out: 'Creates A Bone Of Contention'

Meme coins named after &#8220;Kekius Maximus&#8221; surged late Sunday night after tech mogul Elon Musk mentioned it in an X post.
What happened: Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)-based Kekius Maximus (KEKIUS) jumped 10% in a matter of minutes after Musk's post, <a href="https://coinmarketcap.com/currencies/kekius-maximus-vip/">according </a>to CoinMarketCap. The coin's market valuation hit $32.97 million, reflecting a 1.07% spike in the 24-hour period.
Another similarly-named coin, KEKIUS, based on Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>) but with a considerably smaller valuation, rose 9.5% since the post.
The rally comes after Musk posted a clip from what appeared to be the video game &#8220;Path of Exile.&#8221;
"Kekius Maximus pit level 117, hardcore rank 1," Musk wrote, showing a character named Kekius Maximus in combat.
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<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Kekius Maximus pit level 117, hardcore rank 1 <a href="https://t.co/6klD67ahFR">pic.twitter.com/6klD67ahFR</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1929379017003585755?ref_src=twsrc%5Etfw">June 2, 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/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/25/05/45556899/from-amazon-to-warren-buffetts-berkshire-hathawaybitcoin-is-now-bigger-than-these-wall-street-titans">From Warren Buffett&#8217;s Berkshire Hathaway To Jeff Bezos&#8217; Amazon — Bitcoin Is Now Outshining These Wall Street Titans</a>
Why It Matters: Kekius Maximus—a combination of &#8220;Pepe the Frog&#8221; and "Maximus Decimus Meridius," the iconic character from the movie Gladiator—shot to prominence after <a href="https://www.benzinga.com/24/12/42739155/elon-musk-changes-his-name-to-kekius-maximus-on-x-sending-to-memecoin-skyrocketing-over-600">Musk used it as his X profile name</a> on New Year&#8217;s Eve 2024.
Since then, the coin has experienced brief bursts of dramatic growth, aided by Musk's social media activity. Last month, <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45486627/elon-musks-new-emperor-kekius-maximus-avatar-sends-pepe-and-this-namesake-coin-rallying">Musk changed his X profile name</a> to Kekius Maximus and updated his profile picture, depicting him as an ancient warrior called "Emperor Kekius Maximus."
Benzinga Note: Investing in meme coins is highly speculative and involves significant risk. Meme coins often lack intrinsic value and are driven by market sentiment, social media trends, and speculative trading
Photo Courtesy: Frederic Legrand &#8211; COMEO On Shutterstock.com
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45611404/anthony-scaramucci-remains-firm-on-bitcoin-as-the-best-investment-idea-even-as-the-largest-crypto-hovers-around-109000">Anthony Scaramucci Remains Firm On Bitcoin As The Best Investment Idea Even As The Largest Crypto Hovers Around $109,000</a></li>
</ul>

Movers

Trading Ideas

$ETH

$SOL

Elon Musk's 'Kekius Maximus' Gameplay Sends These Namesake Coins Surging

Vinod Khosla, the Sun Microsystems co-founder and early OpenAI backer, says Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) is chasing the wrong race, urging Google to invest its money into Waymo.
What Happened: In a Sunday post on X, the venture capitalist urged Google's parent to pour "tens of billions" into Waymo before rivals close the gap, arguing robotaxis could eclipse the revenue engine that built Google's search empire.
Khosla's post came after entrepreneur Simon Kalouche shared YipitData estimates showing Waymo's gross bookings in San Francisco topped Lyft's in May and are on pace to pass Uber's within 12 months. The data highlights a steep adoption curve — bookings for Waymo One have nearly quadrupled since late 2023.
<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">Writing has been on the wall. Self driving will surely win over human driving. Better consumer experience, far lower cost, more scalability and predictability. If I were <a href="https://twitter.com/Google?ref_src=twsrc%5Etfw">@Google</a> I'd be investing tens of billions of dollars per year to entrench myself before others caught up.… <a href="https://t.co/wi6BWX3wbP">https://t.co/wi6BWX3wbP</a>
&mdash; Vinod Khosla (@vkhosla) <a href="https://twitter.com/vkhosla/status/1929235813533175922?ref_src=twsrc%5Etfw">June 1, 2025</a></blockquote>
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Waymo's growth isn't just a Bay Area quirk. The Alphabet unit now delivers roughly <a href="https://www.benzinga.com/25/05/45539621/tesla-robotaxi-rival-waymo-reaches-10-million-paid-rides-milestone-as-robotaxis-step-into-the-spotlight">250,000 paid rides</a> each week across Phoenix, Los Angeles and San Francisco and recently celebrated 10 million lifetime trips, doubling that milestone in five months. Analysts also caution that Lyft's <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45325248/lyft-is-executing-well-but-analysts-caution-about-uber-and-waymo-competition">recent booking growth</a> could be capped by Waymo's expansion, even as Lyft touts double-digit gains.
See also: <a href="https://www.benzinga.com/news/topics/25/06/45714095/chamath-palihapitiya-calls-tesla-an-obvious-win-says-robotaxi-alphabets-waymo-will-overtake-uber-and-lyft">Chamath Palihapitiya Calls Tesla An &#8216;Obvious Win,&#8217; Says Robotaxi, Alphabet&#8217;s Waymo Will Overtake Uber And Lyft</a>
Why It Matters: Alphabet's core search business still throws off colossal cash — Google Search generated about $50.7 billion in revenue last quarter alone, according to the <a href="https://www.benzinga.com/25/04/44995955/alphabet-q1-earnings-highlights-google-search-youtube-cloud-show-robust-momentum">company's filings</a>. Yet the company is spending heavily to defend that cash cow against AI-powered challengers.
The company&#8217;s CEO, Sundar Pichai, recently admitted in an interview that overall Google Search activity is <a href="https://www.benzinga.com/media/25/05/45687166/apple-may-see-fewer-searches-in-safari-but-google-ceo-sundar-pichai-insists-ai-is-fueling-overall-query-growth-far-from-a-zero-sum-game">still growing</a>, despite claims from Apple&#8217;s Eddy Cue that Safari had experienced a <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45259675/apple-alphabet-shares-tumble-amid-potential-ai-search-shift">decline in search volumes</a>.
At its developer conference, Google rolled out a new &#8220;AI mode&#8221; in its Search and Chrome browser for all U.S. users. The feature provides a conversational, Q&amp;A-style experience, resembling ChatGPT and replacing the conventional list of search result links.
According to Benzinga Edge Stock Rankings, Alphabet has received a growth score of 88.54%. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Click here to see how it stacks up against the likes of Apple</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="140" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02000156/goog-edge-1024x140.png" alt="" class="wp-image-934504" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02000156/goog-edge-1024x140.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02000156/goog-edge-300x41.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02000156/goog-edge-768x105.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02000156/goog-edge.png 1438w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Photo Courtesy: JHVEPhoto on Shutterstock.com
Read Next: <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">Amazon And Google Backed AI Startup Anthropic Reportedly Hits $3 Billion In Annualized Revenue — Where&#8217;s ChatGPT-Parent OpenAI At?</a>

GOOG

GOOGL

Vinod Khosla Tells Google Forget About Search, Sun Microsystems Co-Founder Urges Tech Giant To Invest 'Tens Of Billions' In Self-Driving Before Others Catch Up

Billionaire investor Chamath Palihapitiya predicts Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Robotaxi and Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Waymo will dominate the autonomous vehicle market, potentially sidelining ride-hailing giants Uber Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NASDAQ">UBER</a>) and Lyft Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>).
What Happened: In a Sunday post on X, Palihapitiya argued that consumer preference for driverless rides stems from privacy concerns rather than just cost considerations. &#8220;This is less about Uber or Lyft and more about a desire to ride alone without a person you don&#8217;t know who can overhear conversations or interrupt quiet contemplation,&#8221; he wrote.
The Social Capital founder emphasized that autonomous technology represents &#8220;the experience of the future,&#8221; questioning whether existing ride-hailing apps can provide sufficient value once driverless options become widespread. He sees Tesla positioned for &#8220;an obvious win&#8221; as the company scales its autonomous capabilities.
Palihapitiya&#8217;s comments followed data showing Waymo&#8217;s market penetration in San Francisco. According to YipitData, Waymo&#8217;s market share surged from nearly 0% in August 2023 to approximately 27% by April, overtaking Lyft&#8217;s 22% share while Uber maintained its lead at 53%.
He predicted neither company would have &#8220;deep incentive to work with other apps&#8221; once they understand consumer preferences for driverless over traditional ride-hailing.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This is less about Uber or Lyft and more about a desire to ride alone without a person you don't know who can overhear conversations or interrupt quiet contemplation. Driverless is the experience of the future. The question is if the Uber or Lyft apps can provide enough… <a href="https://t.co/ouZBUPFtvX">https://t.co/ouZBUPFtvX</a>
&mdash; Chamath Palihapitiya (@chamath) <a href="https://twitter.com/chamath/status/1929290467008819289?ref_src=twsrc%5Etfw">June 1, 2025</a></blockquote>
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See Also: <a href="https://www.benzinga.com/markets/market-summary/25/06/45713715/dow-futures-slip-over-100-points-after-trump-announces-doubling-steel-tariffs-nikkei-down">Dow Futures Slip Over 100 Points After Trump Announces Doubling Steel Tariffs, Nikkei Down</a>
Why It Matters: Tesla plans to launch its robotaxi service in Austin on June 12, starting with 10-20 Model Y vehicles equipped with Full Self-Driving technology and remote supervision. However, The Future Fund&#8216;s Gary Black dismissed the launch as posing <a href="https://www.benzinga.com/tech/25/05/45687704/gary-black-says-teslas-robotaxi-launch-in-june-poses-minimal-risk-to-uber-will-offer-low-cost">minimal risk to Uber&#8217;s business model</a>.
The autonomous vehicle race intensifies as Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) expands its Apollo Go service internationally, providing 1.4 million rides in the first quarter of 2025 across 15 cities globally. With over 1,000 fully driverless vehicles deployed, Baidu positions itself as the world&#8217;s <a href="https://www.benzinga.com/markets/equities/25/05/45557944/baidus-apollo-go-enters-dubai-and-abu-dhabi-ceo-robin-li-touts-global-robotaxi-lead-with-1-4-million-rides-in-q1">leading autonomous ride-hailing provider</a>.
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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: Ken Wolter / Shutterstock.com

BIDU

LYFT

UBER

Chamath Palihapitiya Calls Tesla An 'Obvious Win,' Says Robotaxi, Alphabet's Waymo Will Overtake Uber And Lyft

Billionaire investor Mark Cuban offers his take on why inflation hasn&#8217;t spiked to the extent that it was expected by leading economists, in response to the &#8220;Liberation Day&#8221; tariffs imposed by President Donald Trump
What Happened: On Sunday, in a post on X, Cuban said that businesses, both large and small, are scrambling to get ahead of potential tariff hikes by using their cash reserves or taking on debt to stockpile inventory.
&#8220;They borrow money or use their available cash to front-run the tariffs and buy as much inventory as they can,&#8221; he says, adding that &#8220;in many cases, they get a better price because the [manufacturer] knows the risks post tariffs.&#8221;
See Also: <a href="https://www.benzinga.com/personal-finance/management/25/06/45712701/jim-cramer-predicts-were-headed-to-prices-were-not-used-to-says-you-should-invest-at-least-50-a-month-to-tackle-financial-uncertainty">Jim Cramer Predicts We&#8217;re Headed To &#8216;Prices We&#8217;re Not Used To&#8217; – Says You Should Invest At Least $50 a Month to Tackle Financial Uncertainty</a>
However, Cuban warns that none of this &#8220;is a positive,&#8221; arguing that such an inventory strategy comes at a cost, with businesses either having to sacrifice interest income on their cash holdings or incur high borrowing costs of between &#8220;10% to 20%&#8221; to make this work.
He further highlights the risk of not having cash or constantly piling on liabilities to finance this kind of trade, hinting at significant financial strain for businesses.
The on-and-off nature of the tariffs in recent weeks makes it harder for companies to plan pricing strategies. As a result, Cuban says that many are opting not to raise prices at all. &#8220;In fact, they may even discount some as a way to clear out inventory and replenish cash or pay down expensive loans,&#8221; he says.
Cuban argues that this isn&#8217;t just an issue for small businesses, saying that &#8220;all companies&#8221; will be facing this, including giants such as Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>). &#8220;This is why Walmart says they will be raising prices in the future,&#8221; he says.
&#8220;The variance in tariffs has made it impossible to know how to manage costs,&#8221; Cuban concludes, &#8220;this is why prices haven't gone up to this point.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Let's talk about why inflation isn't up, as economists predicted. It's really simple. I see it in all my product based companies. 1. They borrow money or use their available cash to front run the tariffs and buy as much inventory as they can. 3, 6 months or longer. In many…
&mdash; Mark Cuban (@mcuban) <a href="https://twitter.com/mcuban/status/1929221028707705344?ref_src=twsrc%5Etfw">June 1, 2025</a></blockquote>
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</figure>
Why It Matters: Leading Wall Street economists, such as Stephen Juneau of Bank of America, <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45353863/new-inflation-data-hits-tuesday-why-it-could-kill-fed-rate-cut-hopes">hold similar views</a> when it comes to inflation, saying that &#8220;larger increases are in the pipeline&#8221; owing to the front-loading of demand.
Economist David Mericle of Goldman Sachs believes that the core personal consumption expenditures inflation, or PCE inflation, <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45616116/trumps-tariffs-may-trigger-an-inflation-shock-but-not-a-lasting-one-goldman-sachs-says">will rise to 3.6%</a> by the end of 2025, from 2.8% in April. 
On Sunday, Walmart employees began sharing images of <a href="https://www.benzinga.com/news/retail-sales/25/06/45712543/us-tariff-impact-prices-surge-at-walmart-and-target-employees-say-some-jumps-top-38">price increases on Reddit</a>, with certain items surging as high as 45%. Target is known to have reported similar price hikes as a result of the tariffs. 
Renowned hedge fund manager, Bill Ackman, is however, of the view that <a href="https://www.benzinga.com/markets/equities/25/05/45213125/bill-ackman-says-inflation-has-largely-been-wrung-out-pushes-for-temporary-pause-on-china-tariffs-to-shield-us-businesses">inflation has been</a> &#8220;wrung out of the economy,&#8221; suggesting that the Federal Reserve could implement a few rate cuts towards the latter half of this year, in light of the same. 
Photo Courtesy: Kathy Hutchins On Shutterstock.com
Read More: 
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<li><a href="https://www.benzinga.com/news/topics/25/05/45711157/mark-cuban-says-taking-low-premium-high-deductible-plans-is-great-for-insurance-companies-you-know-who-its-not-good-for-you-guys">Mark Cuban Says Taking Low-Premium, High-Deductible Plans Is Great For Insurance Companies. &#8216;You Know Who It&#8217;s Not Good For? You Guys&#8217;</a></li>
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Mark Cuban Says These Are The Reasons Prices Haven't Risen Despite Trump's Liberation Day Tariffs And None Of Them Are Positive

Anthropic, the artificial intelligence startup backed by Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)&nbsp; and Alphabet Inc.'s (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>) Google, has reportedly reached a $3 billion annualized revenue run rate, just months 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.
What Happened: The San Francisco-based company has seen an unprecedented growth surge, primarily driven by enterprise demand for its AI models, especially in code generation, reported Reuters, citing sources familiar with the matter.
The figure surpassed $2 billion near the end of March and reached $3 billion by the end of May, according to one of the sources.
See Also:&nbsp;<a href="https://www.benzinga.com/tech/25/05/45486639/sundar-pichai-reveals-google-parent-once-super-intensely-debated-about-buying-netflix-in-a-world-of-butterfly-effects" target="_blank" rel="noreferrer noopener">Sundar Pichai Reveals Google-Parent Once Super Intensely Debated About Buying Netflix: ‘In A World Of Butterfly Effects…'</a>
Anthropic's Claude chatbot has gained traction in the business world, even as it lags behind OpenAI's ChatGPT in consumer adoption. Web analytics data from Similarweb in April showed Claude's traffic at just 2% of ChatGPT's, the report added.
Why It's Important: OpenAI, a rival to Anthropic, is projecting more than $12 billion in total revenue by the end of 2025, up from $3.7 billion last year, the report noted, citing three people familiar with the matter.
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.
&#8220;This total revenue is different from an estimated annualized figure like Anthropic&#8217;s,&#8221; the report said.
The Sam Altman-led OpenAI hasn't disclosed enterprise-specific revenue, but in May, it reported that the number of paying seats for its ChatGPT Enterprise product had increased to 3 million, up from 2 million in February, the report said.
Anthropic is currently valued at $61.5 billion <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">following a $3.5 billion funding</a> round.
Amazon has a growth score of 97.11%, according to Benzinga Edge Stock Rankings. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it compares to other companies such as</a> Alphabet.
<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/2025/06/01230939/Screenshot-2025-06-02-at-8.37.09%E2%80%AFAM.png" alt="" class="wp-image-934470" /></a></figure>
Image via Shutterstock
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>.
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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.

Media

AMZN

Amazon And Google Backed AI Startup Anthropic Reportedly Hits $3 Billion In Annualized Revenue — Where's ChatGPT-Parent OpenAI At?

Fartcoin was trading higher Sunday night, surpassing legacy meme heavyweights Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) and Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>).
What happened: The Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)-based memecoin rose over 4% in the last 24 hours to a market capitalization of $1.13 billion.
The rally helped the token reduce its weekly losses, which had reached more than 21% in the last seven days.
FARTCOIN was the most successful $1 billion-plus meme coin in the last 24 hours, outperforming DOGE and SHIB, which gained 0.51% and 0.13%, respectively.
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/25/05/45556899/from-amazon-to-warren-buffetts-berkshire-hathawaybitcoin-is-now-bigger-than-these-wall-street-titans">From Warren Buffett&#8217;s Berkshire Hathaway To Jeff Bezos&#8217; Amazon — Bitcoin Is Now Outshining These Wall Street Titans</a>
The frivolously named cryptocurrency was the most purchased token by smart money investors, according to the on-chain tracking platform Stalkchain.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/FARTCOIN?src=hash&amp;ref_src=twsrc%5Etfw">#FARTCOIN</a> is the most sold token by smart money in the last 24 hours <a href="https://t.co/sDISL4qN0Z">pic.twitter.com/sDISL4qN0Z</a>
&mdash; Stalkchain (@StalkHQ) <a href="https://twitter.com/StalkHQ/status/1929313259661987989?ref_src=twsrc%5Etfw">June 1, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
FARTCOIN <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44941248/fartcoin-soars-121-in-a-month-dwarfs-bitcoin-dogecoin-amid-trump-tariff-induced-economic-jitters">accumulated gravity-defying gains</a> in April, when the rest of the market was rocked by tariff-related downturns. The momentum continued in May as the coin hit a multi-month high of $1.60.
However, the trajectory has reversed since then, in line with the rest of the market.&nbsp;
Price Action:&nbsp; At the time of writing, FARTCOIN was exchanging hands at $1.12, up 4.07% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.&nbsp;
Benzinga Note: Investing in meme coins is highly speculative and involves significant risk. Meme coins often lack intrinsic value and are driven by market sentiment, social media trends, and speculative trading.
Shutterstock/alfernec
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$DOGE

$SHIB

DOGE

Fartcoin Outgains Dogecoin, Shiba Inu Sunday Night—What's Going On?

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Weatherford Releases 2024 Digital Annual Update

Weatherford and AIQ Sign Strategic Partnership to Accelerate Efficiency in Energy Production

Weatherford Announces First Quarter 2025 Results

Management

Weatherford Appoints New Chief Financial Officer

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Contracts

Weatherford Announces a Strategic Agreement with Amazon Web Services to Accelerate Digital Transformation and Enhance Operational Efficiency

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