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Ford Motor Co. (NYSE:F) CEO Jim Farley on Monday hailed the Detroit-based automaker’s domestic manufacturing prowess, which exceeds that of its competitors in the auto industry.

Ford’s Bet On America Pays Off

Touting the automaker’s domestic manufacturing capabilities, Farley, in an op-ed he wrote, said the automaker believes a “bet on America” will always pay off. The article also shared how Ford assembled and sold over 1.8 million vehicles in the U.S., while exporting 311,000 units to other markets and importing 378,000 units into the U.S.

“Ford assembles more than six vehicles in America for every one it imports,” the article said, while also adding that over 83% of its vehicles sold were assembled in the U.S. “We never took a bailout, and we never wavered on our commitment to America and American jobs,” Farley said.

Farley outlined that Ford invests heavily in domestic manufacturing because it drives the “tax base that funds local schools and first responders; it supports the small businesses on Main Street,” while also sharing that Ford …

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Treasury Secretary Scott Bessent urged the Federal Reserve to hold off on cutting interest rates for now, especially given the uncertainty surrounding the ongoing Iran war.

Speaking in an interview on Monday with Semafor Editor-in-Chief Ben Smith, Bessent said the Fed is “doing the right thing by sitting and watching” how the conflict plays out. “US President Donald Trump has spent much of his second administration lobbying for the central bank to slash interest rates.”

The U.S. economy was “very strong” in January and February, he noted, pointing to a solid performance in January and February, according to the report.

Gas Price Spike Would Not Alter Inflation Expectations

Bessent said he is confident that recent price increases would not permanently alter how consumers view the economy. Per the latest data, annual inflation jumped to the

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Wall Street is sharply divided on the potential economic and market fallout, as President Donald Trump announced a U.S. Navy blockade of the Strait of Hormuz following failed nuclear talks with Iran.

Shrugging Off Geopolitical Risk

Despite escalating tensions and the threat of disrupted global oil supplies, some market veterans remain steadfastly bullish. Ed Yardeni, president of Yardeni Research, noted that Wall Street’s reaction to the unprecedented naval blockade has so far been a “total shrug.”

Pointing to a historically “remarkably resilient” U.S. economy, Yardeni argues that past international conflicts have often proven lucrative for investors who stay the course. “Geopolitical crises tend to be buying opportunities,” Yardeni told CNBC, suggesting the current market dip is just another chance to buy.

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Pakistan has reportedly extended an offer to host the second round of negotiations between the U.S. and Iran in Islamabad, ahead of the two-week ceasefire expiration.

The final decision on the venue will be determined based on the preferences of the involved parties, two undisclosed Pakistani officials told the Associated Press.

U.S. officials have reportedly stated that Islamabad is once again being considered as the potential host city for the talks. Geneva, Switzerland, is also in the running as a possible location. 

The sources suggested that the discussions could occur on Thursday, but the final decision on the venue and timing remains unconfirmed.

White House did not immediately respond to Benzinga’s request for comments.

‘Red Lines’ On Nuclear Weapons

This development comes in the wake of unsuccessful negotiations between the U.S. and Iran over the weekend. Iranian Foreign Minister Seyed Abbas Araghchi criticized …

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Private equity fund managers are focusing on value creation amid economic uncertainty. The growing consensus is that they no longer feel confident that overall economic growth can deliver strong exits. 

Instead, general partners, or GPs, in private equity and venture capital are putting greater emphasis on improving operations within their portfolio companies to protect and grow value. That value, in turn, is what they’re aiming to return to limited partners who are looking for higher distributions.

“The private equity industry is at an inflection point,” said Kevin Zacharuk, Head of Private Equity, Data & Research at S&P Global Market Intelligence. “GPs are shifting their approach to value creation, with operational improvements now ranking as the top priority.”

A Challenging Time For Private Equity

According to the 2026 S&P Global Market Intelligence Private Equity and Venture Capital Outlook report, firms are increasingly constrained by fragmented data and limited visibility into key performance metrics. The report also paints a gloomy macro outlook, with most GPs expecting GDP growth to stagnate or decline. While interest rate expectations remain largely neutral, half of respondents anticipate worsening inflation.

“This is a challenging time for private equity, with an uncertain macro backdrop threatening the  industry’s efforts to boost portfolio company exits …

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Global data center electricity consumption is skyrocketing far beyond earlier estimates, driven primarily by the relentless expansion of artificial intelligence (AI) infrastructure, with Goldman Sachs forecasting a massive boom in demand by 2023.

Unprecedented Growth Projections

According to new data from Goldman, highlighted by financial commentary platform The Kobeissi Letter, the worldwide appetite for data center power is on track to grow an astounding 220% from 2023 levels by the end of the decade.

This surge will push total consumption up by 905 terawatt-hours (TWh) to a record 1,350 TWh by 2030.

“The AI power boom is accelerating,” noted The Kobeissi Letter, reflecting on the urgency of the revised figures. This new forecast marks a steep increase from the previously anticipated 175% growth rate.

This dramatic revision to higher-than-expected AI server shipment projections and an industry-wide shift toward deploying highly power-intensive hardware is being attributed to complex AI processing.

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Synergy CHC Corp. (NASDAQ:SNYR) shares surged nearly 100% in after-hours trading Monday following the company’s latest regulatory filing with the Securities and Exchange Commission.

Company Overview

Synergy CHC Corp. is a U.S.-based consumer health and wellness company focused on building a portfolio of branded products across personal care, beauty and lifestyle categories.

The company’s strategy centers on acquiring, developing and scaling niche health-focused brands with an emphasis on direct-to-consumer and retail distribution channels. Synergy CHC aims to drive growth through product innovation, brand positioning and expanded market reach across North America.

After-Hours Spike Follows S-8 Filing

The company filed Form S-8 to register shares under its 2024 Equity Incentive Plan, according to …

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One of the clearest signs of consumer stress in 2026 may not appear first in bank earnings or headline economic data. It is showing up at the pawn counter.

The latest fuel-cost surge in the U.S., which saw gas prices climb to $4.166 per gallon as of April 8, exposed the household strain. Per Bloomberg’s report, pawn shop owners said demand for short-term loans has picked up as customers scramble to cover fuel, groceries, and utility bills.

“If pawn shops are doing well, it probably means that some part of the economy is not,” Canaccord Genuity analyst Brian McNamara told Bloomberg.

The market is beginning to reflect that divergence. While the S&P 500 has been in the red, pawn operators have become quiet alpha leaders. EZCORP (NASDAQ:EZPW) is up 52% year-to-date and FirstCash Holdings (NASDAQ:FCFS) has gained 28%, compared with a decline of about 0.2% in the S&P 500.

The pawnshop alpha is more than a niche trade. It is a signal that the consumer credit cycle is entering a later and harsher stage.

The Cycle Ladder

While easing the early or mid-cycle financial strain relies on credit cards, home equity lines, refinancing, or buy now, pay later products, the late cycle looks vastly different.

The situation turns into survival finance with collateralized borrowing or …

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Economist Justin Wolfers, on Tuesday, highlighted a core idea in commodities that captures the forces driving today’s ETF flows: gold as a belief-driven asset and oil as a core pillar of the global economy.

Gold: A Belief-Driven Asset

In a social media X, Justin Wolfers said “Gold has no inherent value. It’s a shiny rock… people buy gold because they think other people value gold, and that’s a self-sustaining equilibrium.”

Though gold does not generate income or produce anything, Wolfers argue that its value largely comes from perception and a collective trust. People buy gold because they believe others will continue to see it as valuable in the future. This shared belief creates a cycle—since everyone expects others to value gold, demand stays strong, which in turn keeps prices high.

ETFs such as such as SPDR Gold Shares (NYSE:GLD) or iShares Gold Trust (NYSE:IAU) are one of the main …

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Economist Peter Schiff advised his followers on Monday to swap their Bitcoin (CRYPTO: BTC) for gold and silver as the apex cryptocurrency aimed to recapture the critical $75,000 level.

Schiff Repeats Old Advice

In an X post, Schiff noted that Bitcoin was nearing $75,000, which is not far from the average cost at which Strategy Inc. (NASDAQ:MSTR) acquired its BTC holdings.

“The U.S. dollar seems to be rolling over, and gold and silver may be about to start new legs up. If you have any Bitcoin, sell it now and buy gold and silver,” he added.

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Transportation Secretary Sean Duffy hit out at Governor Gavin Newsom (D-CA) on Monday, accusing the latter of letting his state be dependent on foreign oil suppliers amid the U.S.-Iran war.

Sean Duffy Slams ‘Climate Alarmist’ Gavin Newsom

In a post on the social media platform X, Duffy shared a video, touting President Donald Trump‘s call to oil producers to “Drill baby drill,” as the Transportation Secretary shared the progress of Sable Offshore Corp‘s (NYSE:SOC) pipeline off the coast of Santa Barbara, California.

“Climate alarmist @GavinNewsom would rather Californians be dependent on foreign oil,” Duffy said in the post, accusing critics of “playing politics.” He then shared that the Department of Transportation’s (DOT) Pipeline and Hazardous Materials Safety Administration (PHMSA) was “working overtime to ensure that the oil is flowing.”

The video showcased the oil rig’s production capabilities, sharing that the pipeline would deliver 60,000 barrels of oil every day to consumers in California.

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Cryptocurrency punters sharply raised odds on Iran halting uranium enrichment after reports suggesting the Middle Eastern nation was willing to suspend its nuclear activity.

Will Iran Abandon Its Nuclear Program?

Polygon (CRYPTO: POL)-based Polymarket showed a 41% possibility that Iran ends uranium enrichment by the end of June, up from 20% the day before.

Similarly, the odds of this happening by the end of the year jumped 14 percentage points to 47%.

Over $1 million has been wagered on the outcome, and an “official pledge” by Iran to end all enrichment of Uranium will qualify for a “Yes” resolution.

Additionally, the odds that Iran agrees to surrender its enriched uranium stockpile by the year-end increased …

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Tron (CRYPTO: TRX) founder Justin Sun escalated his attack on the Trump family-backed World Liberty Financial (WLFI) platform on Monday, claiming its governance structure is “hollowed from the inside.”

Sun Accuses WLFI Of Power Centralization

In an X post, Sun alleged that only one person in the company has the “unilateral power to freeze any token holder’s assets.”

Drawing on the analysis by on-chain sleuth banteg, Sun said that a single guardian externally owned account blacklisted his wallet last year.

Note that certain addresses are given “guardian” roles in token contracts. These guardians have admin privileges, including the ability to call a blacklist function.

Additionally, Sun alleged that seizing assets requires a 3-of-5 multisig vote, meaning that the proposal must be signed and approved by at least three out of five designated authorized key holders.

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Leading cryptocurrencies rallied alongside stocks on Monday after President Donald Trump claimed Iran was willing to make a deal.

Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:30 p.m. EDT)
Bitcoin (CRYPTO: BTC) +4.38% $74,262.18
Ethereum (CRYPTO: ETH)
               		 +7.19% $2,362.19
XRP (CRYPTO: XRP)                          +2.69% $1.36
Solana (CRYPTO: SOL)                          +4.62% $85.88
Dogecoin (CRYPTO: DOGE)              +2.23% $0.09335

Crypto Market Rebounds

Bitcoin staged a strong recovery after Sunday’s sell-off, nearly rallying to $75,000. Trading volume jumped 80% over the last 24 hours.

Ethereum climbed to an intraday high of $2,368, supported by strong buying pressure, while XRP and Dogecoin also regained lost territory.

Shares of Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR) closed up 2.89% and 1.08%, respectively.

Over $530 million was liquidated in the past 24 hours, with short position traders bearing the brunt of the losses, according to Coinglass data.

Open interest in Bitcoin futures spiked 8.66% in the last 24 hours. Interestingly, retail and whale derivatives traders on Binance turned “extremely bearish,” increasing short bets on the apex cryptocurrency. 

“Extreme Fear” sentiment persisted in the market, according to the Crypto Fear & Greed Index.

Top Gainers (24 Hours) 

Cryptocurrency (Market Cap>$100 M) Gains +/- Price (Recorded at 9:30 p.m. EDT)
Genius Terminal (GENIUS)       +216.28%     $0.5501
RaveDAO (RAVE)                   +42.20%     $8.11
Four (FORM)   …

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Major U.S. indices closed higher, with the Dow Jones Industrial Average up 0.6% at 48,218.25, the S&P 500 jumping 1.02% to 6,886.24, and the Nasdaq climbing 1.23% to 23,183.73.

These are the top stocks that gained the attention of retail traders and investors through the day:

Bloom Energy Corporation (NYSE:BE)

Bloom Energy shares surged by 5.98% to close at $176.67. The stock reached an intraday high of $177.54 and a low of $163.22. Its 52-week range is $16.01 to $180.90. In the after-hours session, the stock rose 15.4% to $203.90.

Bloom Energy expanded its partnership with Oracle Corp, with the Larry Ellison-co-founded company planning to procure up to 2.8 gigawatts of fuel cell systems under a master services agreement. An initial 1.2 gigawatts had already been contracted, with deployment underway and continuing into next year.

Oracle Corporation (NYSE:ORCL)

Oracle’s stock climbed 12.69%, closing at $155.62. The day’s high was $155.91, with a low of $139.72. The 52-week high and low are $345.72 and $121.24, respectively. The stock rose 2% in the after-hours trading to $158.74.

Oracle Corporation shares rose as the sector rebounded from a selloff, driven by dip-buying …

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Dell Technologies Inc (NYSE:DELL) shares are moving lower in extended trading Monday after rallying more than 6.5% during regular trading hours. Here’s what you need to know.

Nvidia Shuts Down Takeover Speculation

Dell shares jumped 6.71% on Monday following reports that NVIDIA Corp (NASDAQ:NVDA) was looking to purchase a large-scale PC and server manufacturer.

CNBC’s Kristina Partsinevelos said in an X post shortly after the market close, Nvidia …

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Bloom Energy Corp (NYSE:BE) shares are trading higher in Monday’s after-hours session after the company announces an expanded strategic partnership with Oracle.

Bloom Energy Expands Oracle Partnership

Bloom Energy announced an expanded partnership with Oracle Corp (NYSE:ORCL) to support the buildout of its AI and cloud computing infrastructure. 

Oracle plans to procure up to 2.8 gigawatts of Bloom Energy’s fuel cell systems under a …

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“Anthropic has proven that it’s very good at two things. One is product releases. The second is scaring people,” David Sacks, President Trump’s former AI and crypto adviser, said on the All-In podcast.

Sacks doubled down on X today, writing that “a growing number of people are wondering if Anthropic is the AI industry’s ‘boy who cried wolf’” and warning the company faces “a serious credibility problem” if Mythos-related threats don’t materialize.

But Sacks Says This One Might Be Real

“Anytime Anthropic is scaring people, you have to ask: is this part of their chicken-little routine, or is it real?” Sacks said. “I actually would give them credit in this case and say this is more on the real side.”

His reasoning was straightforward. As coding models improve, they get better at finding bugs, which means they get better at finding vulnerabilities, and chaining multiple exploits into novel attack vectors.

Chamath Palihapitiya was …

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The Securities and Exchange Commission (SEC) is alleging that Florida-based venture capital firm Backswing Ventures and its CEO Kyle Asman misled investors in a private fund over a multi-year period.

The case was filed in the Middle District of Florida and covers conduct the SEC says lasted from at least February 2020 through April 2023, Investmentnews first reported. 

At the center of the complaint is Backswing Ventures LP, also referred to as Backswing Ventures Fund I, LP, a Delaware partnership Asman formed to back early-stage businesses spanning areas such as defense, commercial real estate, technology, data and health care. The SEC alleges the manager took in more than $515,000 in management fees in the fund’s first year, far more than what the offering materials allowed.

Backswing argues that the allegations related to the mismarketing of assets and the collection of management fees are “expressly false,” given that Backswing’s limited partnership agreement informed investors that Backswing and Asman had broad discretion to manage the fund. 

A spokesperson from Backswing provided additional information to Benzinga, clarifying some details of the SEC’s allegations. 

“The purported management fees are actually legal fees that the Fund paid relative to this SEC inquiry, and per the LPA, the Fund was permitted to pay any and …

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The worst energy crisis in history just got even worse. Could this be bitcoin’s breakout moment, or are we in for a lot of pain?

One step forward…

Last week saw a massive rally in risk assets, as plans for peace talks between Iran and the US started to take shape. Bitcoin rallied almost 10%, the S&P 500 soared by almost 4%, bond yields fell, and oil plunged back under $100 per barrel.

While gold, bonds, stocks, and bitcoin all moved higher, the big picture needs to be emphasized: Bitcoin held its outperformance over every other asset class, including the traditional safe haven of gold.

The worst energy crisis in history, which had been rocking markets and threatening a global recession, appeared to be nearing an end (at least, to the mainstream media).

[Here’s why this matters for BTC]

Three steps backward

Peace talks began in Islamabad, Pakistan, on Saturday morning and carried on almost all day. Reports were that there were significant differences between the two sides and that progress toward closing the gulf between the two sides had stalled.

The …

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Credo Technology Group Holding Ltd (NASDAQ:CRDO) shares are trading higher in Monday’s after-hours session after the company announced an agreement to acquire DustPhotonics.

Credo Accelerates Expansion Into Silicon Photonics, Optical Connectivity

After the market close on Monday, Credo announced it entered into a definitive agreement to acquire DustPhotonics, which develops Silicon Photonics Photonic Integrated Circuit (SiPho PIC) technology for optical transceivers. 

Credo said the move will bring industry-leading Silicon Photonics PIC technology in-house, expanding the company’s addressable market and deepening its optical interconnect portfolio across the AI infrastructure …

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Defiance ETFs rolled out its latest high-octane thematic fund last week, the Defiance Pure Space Daily 2X Strategy ETF (BATS:XAIL), aimed at traders looking to capitalize on the accelerating commercialization of the global space economy. The launch adds to the firm’s growing suite of leveraged products, offering amplified exposure to niche, high-growth themes through a familiar ETF wrapper.

XAIL is structured to deliver 200% of the daily performance of an actively managed basket of “pure space” companies—firms deeply tied to space technologies and services. Designed primarily for short-term tactical …

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Tarek Mansour has a simple pitch for why Kalshi shouldn’t be regulated as gambling. His platform is a peer-to-peer exchange. Customers bet against each other, Kalshi takes fees from both sides, and the house has no stake in the outcome. It’s a financial market, not a casino.

Aaron Brown, a Bloomberg Opinion columnist and former head of financial market research at AQR Capital Management, says that argument has a problem.

It’s the same business model organized crime bookmakers ran for decades before the FBI shut them down.

The Mob Ran A Balanced Book Too

Brown points out that the point spread, invented in the 1940s, let bookmakers attract roughly equal action on both sides of any sporting event.

The outcome was irrelevant to profitability. Bookmakers collected about 10% vigorish from losers, netting roughly 5% of total action no matter what.

By the 1970s it was a national market with …

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Bill Ackman told Robinhood Markets (NASDAQ:HOOD) CEO Vlad Tenev on Monday that he plans to deploy billions into large-cap stocks within weeks, calling current valuations on some of the best businesses in the world among the lowest in their history.

The comments came as Pershing Square kicked off the roadshow for Pershing Square USA, a closed-end fund targeting $5 billion to $10 billion at $50 per share with pricing expected April 28.

Ackman said the Iran conflict has created an incremental risk premium across equities but argued that uncertainty should fade over time.

He pointed to AI infrastructure spending, the Biden-era infrastructure bill, Trump’s tax legislation and what he described as trillions in corporate investment commitments as tailwinds heading into the back half of 2026.

Polymarket traders appear to agree.

The Iran-Israel/U.S. conflict ending by year-end is priced at 94%, with $38 million in total volume on that contract alone, even as the ceasefire remains fragile …

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Bitcoin climbed back above $72,000 as hopes for an agreement between the U.S. and Iran lift the market.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $72,392
Ethereum (CRYPTO: ETH) $2,232
Solana (CRYPTO: SOL) $83.11
XRP (CRYPTO: XRP) $1.33
Dogecoin (CRYPTO: DOGE) $0.09165
Shiba Inu (CRYPTO: SHIB) $0.055760

Notable Statistics:

  • Coinglass data shows 153,900 traders were liquidated in the past 24 hours for $247.07 million.       
  • SoSoValue data shows net inflows of $256.8 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net inflows of $64.95 million.
  • In the past 24 hours, top gainers include RaveDAO, Venice Token and PancakeSwap.

Notable Developments:

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SoFi Technologies Inc (NASDAQ:SOFI) shares are trending higher Monday morning. The Nasdaq is up 0.19% while the S&P 500 has gained 0.13%.

The move follows an announcement from SoFi’s technology arm, Galileo Financial Technologies, regarding the integration of the FedNow Service.

SoFi is now among the first banks allowing members to both send and receive instant payments 24/7.

Short Interest

Short interest in SOFI recently climbed to 165.26 million shares, representing 13.24% of the float, with an average daily volume of 71.01 million shares.

The stock is recovering from a volatile period triggered by a Muddy Waters Research report.

The short-seller labeled …

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Dell Technologies Inc (NYSE:DELL) shares are rising on Monday. Investors are reacting to intense market speculation concerning a massive industry acquisition.

The Nasdaq is up 0.28% while the S&P 500 has gained 0.18%.

NVIDIA’s Pursuit Of Major PC Player

A report from SemiAccurate claims Nvidia Corp (NASDAQ:NVDA) is in secret negotiations.

The tech giant reportedly wants to buy a large-scale PC and server manufacturer. These talks have allegedly lasted for over a year.

Reshaping Computing Landscape

The potential deal could fundamentally change the global server market. According to SemiAccurate, Nvidia is looking to make a huge purchase that will reshape the PC and server landscape.

While the report did not name a specific target, traders are betting on Dell and HP Inc (NYSE:HPQ).

Dell, HP and Nvidia did not immediately respond to Benzinga’s request for comment.

Credibility Of Acquisition Reports

SemiAccurate noted they have followed this story since late 2024. The publication …

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OpenAI‘s new revenue chief just fired shots at both its biggest partner and its biggest rival in the same memo.

Denise Dresser told staff Sunday that the Microsoft Corp (NASDAQ:MSFT) partnership has “limited our ability to meet enterprises where they are,” while calling demand through Amazon.com Inc (NASDAQ:AMZN)‘s Bedrock platform “frankly staggering” since the two companies announced their deal in late February, according to a memo viewed by CNBC.

OpenAI Takes Aim At Anthropic’s Numbers

Dresser claimed Anthropic’s reported $30 billion revenue run rate is “inflated” by roughly $8 billion due to accounting treatment that artificially boost the numbers through its revenue-share with Amazon and Google.

She characterized Anthropic’s …

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Adams Street Partners has raised $7.5 billion for its third private credit vehicle, becoming the latest firm to do so despite volatility in the market.

The private credit team is focused on providing senior financing to sponsor-backed middle-market companies.

The fund, which targets institutional investors, drew capital from a global investor base, with 40% of commitments coming from outside the U.S., the firm reported. The Chicago-based private equity firm said it plans to further expand its presence in Europe alongside its North American operations.

According to Bill Sacher, Adams Street Partner and Head of Private Credit, the fundraise reflects “investors’ confidence.”

On average, the underlying investments in PC III show what the firm describes as “conservative credit characteristics”, including loan-to-value ratios below 40%, an average multiple of about 5x, and strong creditor protections such as maintenance-based covenants.

Adams Street Managing Partner Jeff Diehl credits the firm’s success to “disciplined diligence, rigorous underwriting, and long-standing sponsor relationships.”

“We believe managers with true sourcing and underwriting edge will be …

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XRP (CRYPTO: XRP) is trading inside a giant 9-year ascending triangle on the monthly chart with options volume surging 215.78% to $3.76 million.

The 9-Year Ascending Triangle

Since 2017, the script has remained the same: XRP hits the upper resistance, gets rejected, and retraces to find its floor at the rising trendline.

After the recent August 2025 rejection, Ali Charts is watching for a retest of the macro support between $0.75 and $0.80. 

He views this zone as the ultimate “buy the dip” opportunity before the triangle finally reaches its apex.

“When a 9-year consolidation finally breaks, the move is usually historic,” Ali Charts wrote on X. 

The Paris Blockchain Week

XRP Ledger is bracing to seize the spotlight at the Paris Blockchain Week. 

On …

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Dogecoin‘s(CRYPTO: DOGE) Polymarket odds of hitting $0.10 this month are at 59%, while Shiba Inu (CRYPTO: SHIB) burns surged 119% in 24 hours as both meme coins squeeze toward directional moves.

Dogecoin’s Wedge Decision

Dogecoin is up 1%, holding near the $0.09 floor. The converging wedge between the descending upper trendline and rising lower boundary has compressed for weeks, and price sits right at the apex.

DOGE either breaks above $0.10240 (Supertrend) in the coming days or the rising support gives way toward $0.080. 

The SAR flipped bullish at $0.08881, sitting below price—the first clean daily bullish signal in months.

The Options Explosion

Options volume exploded 256% to $174.68, a massive spike in activity …

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Circle Internet (NASDAQ:CRCL) CEO Jeremy Allaire said the company only freezes USDC wallets when law enforcement or courts direct it to do so, as shares surged 9%.

The Court-Order-Only Policy

Speaking at a press conference in Seoul, Allaire explained that USDC operates as a regulated financial product, not a tool for real-time intervention during hacks.

“Circle follows the rule of law, and we are able to undertake actions such as freezing a wallet at the direction of law enforcement or the courts,” Allaire said.

He positioned USDC as part of the traditional financial system, subject to legal process. The company won’t make freeze decisions on its own during an exploit—it waits for formal requests from authorities.

How Tether Does It Differently

Rival Tether, which issues the world’s largest stablecoin (CRYPTO: USDT), takes a more aggressive approach. 

The company has repeatedly frozen funds linked to hacks within hours. 

In several …

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Reddit Inc (NYSE:RDDT) shares are gaining ground Monday. The stock is outperforming the broader market. The Nasdaq is up 0.28% while the S&P 500 has gained 0.18%.

Short Interest Rising

Short interest in Reddit increased during the last reporting period. The figure rose from 17.24 million to 17.51 million shares. Currently, 14.88% of the company’s float is held short. Based on average volume, it would take 3.47 days for short sellers to cover their positions.

Nectar Social Partnership

The rally follows news from Wednesday, regarding a data partnership with Nectar Social. The deal grants Nectar access to Reddit’s Data API for real-time consumer insights.

“What sets Reddit apart is the depth and authenticity …

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When conflict escalates, investors typically move toward defensive assets such as U.S. Treasuries, gold, or large-cap domestic stocks. However, when a ceasefire is announced, risk appetite returns quickly. South Korean equities become popular during these periods due to supply chain risks, energy price shocks, and reduced global demand expectations.

Notably, an exchange-traded fund (ETF) like the iShares MSCI South Korea ETF (NYSE:EWY) delivered one of the sharpest single-session surges in the world, and few people outside Asia were watching. It represents a fund that quietly sits at the intersection of global trade, semiconductors, and geopolitical sensitivity.

This article highlights how South Korean assets were uniquely positioned during easing geopolitical conditions.

What is the iShares MSCI South Korea ETF?

EWY is a BlackRock-managed ETF that tracks the MSCI Korea 25/50 Index, giving investors direct exposure to South Korea’s stock market through a single US-listed security.

It holds 92 South Korean stocks, with heavy weighting on large-cap stocks such as Samsung Electronics and SK Hynix. Information technology constitutes approximately 47% of the portfolio, while the remaining allocations belong to the industrial sector and financial services. The ETF is passively managed because it tracks the underlying index.

Why South Korea Reacts So Strongly to a Middle East Ceasefire

When the Strait of Hormuz is under threat, South Korean manufacturers face higher input costs, tighter margins, and weaker export competitiveness. When it reopens, those pressures ease almost immediately.

Iran’s Foreign Minister assured safe transit through the strategic waterway during the next two weeks. The price of crude oil plunged by over 10%, alleviating fears of inflation and of central banks adopting a more aggressive stance. This proved highly beneficial to the South Korean economy, which functions on both exports of computer chips and …

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Prominent crypto analyst Benjamin Cowen says a “realistic” bearish outlook for Bitcoin (CRYPTO: BTC) differs significantly from an extreme “doomer” perspective, with both scenarios carrying different implications for investors.

In an Apr. 12 podcast, Cowen outlined a realistic scenario based on historical cycles.

He said Bitcoin could decline about 70% from a potential peak near $126,000, with a temporary pause after a roughly 50% drop before reaching a final bottom later in the cycle.

Such drawdowns align with past corrections of 70% to 80% and reflect a weakening macro backdrop, including a …

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Lightwave Logic Inc (NASDAQ:LWLG) shares are climbing on Monday, extending a rally that began last week. The stock hit a new 52-week high of $12.58 during the session.

The S&P 500 and Nasdaq Composite are up 0.06% and 0.18%, respectively.

• Lightwave Logic stock is at critical resistance. What’s behind LWLG new highs?

AI Infrastructure Momentum

There is no specific news event on Monday directly explaining the surge behind the specialty materials firm. Instead, the move appears to be a continuation of bullish sentiment. The stock ended last …

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U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining more than 100 points on Monday.

The Dow traded down 0.13% to 47,854.67 while the NASDAQ rose 0.55% to 23,029.86. The S&P 500 also rose, gaining, 0.33% to 6,839.08.

Leading and Lagging Sectors

Energy shares climbed by 0.3% on Monday.

In trading on Monday, utilities stocks fell by 0.8%.

Top Headline

Fastenal Co (NASDAQ:FAST) shares fell over 4% on Monday after the company reported earnings for the first quarter.

The company reported quarterly earnings of 30 cents per share which met the analyst consensus estimate. The company reported quarterly sales of $2.202 billion which beat the analyst consensus estimate of $2.199 billion.

Equities Trading UP
           

  • Allogene Therapeutics Inc (NASDAQ:ALLO) shares shot up 45% to $3.94 after the company announced data from the planned interim futility analysis of …

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Private equity poured trillions into software companies between 2018 and 2022. Every single one of those deals is now underwater “and probably by a lot,” according to Steve Eisman, the fund manager who called the subprime crash before anyone wanted to hear it.

The SaaS Model Is Breaking

The software-as-a-subscription model that powered a multi-decade bull market depended on two assumptions: growing seat counts and annual price increases. AI threatens both. Software multiples have been cut in half, and for the first time in decades, price-to-earnings ratios for software stocks sit below the broader market multiple.

Adobe (NASDAQ:ADBE) and ServiceNow (NASDAQ:NOW) fell 31% and 32%, respectively, during Q1. The infotech sector dropped 9% overall, dragging the S&P 500 to a 4% quarterly loss.

A $200 Billion Debt Wall

The pain extends well beyond public …

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Bitcoin (CRYPTO: BTC) may be approaching the end of its current “crypto winter,” according to Matt Hougan, chief investment officer at Bitwise Asset Management, who says the market is likely closer to a recovery phase than another downturn.

Cycle Still Intact

In an Apr. 10 interview with Cointelegraph, Hougan said the broader four-year crypto cycle remains intact and could be entering a bottoming phase around mid-April.

He pointed to seasonal tax-related selling pressure in the United States as a possible factor contributing to recent weakness.

Hougan argued that while risks remain, including regulatory uncertainty around legislation …

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The latest push into tokenized equities came from Mantle, which recently announced tokenized stocks and ETF exposure on its Fluxion exchange, providing customers with 24/7 access to leading U.S. assets.

But beyond the product launch, the move indicates a new chapter in the crypto world, where crypto may finally be getting tokenized funds right after several years of failed attempts.

• State Street SPDR S&P 500 ETF Trust stock is trading near recent highs. What’s ahead for SPY stock?

Previously, initiatives from platforms such as Binance and FTX in 2021 failed quickly because of regulatory pushback, and the projects wanted to create something outside the boundaries of existing markets. But for Mantle, its recent efforts reflect a broader industry shift that aligns more closely with how institutional players are now thinking about tokenization.

Fixing Distribution, Not Disrupting Markets

Specifically, in cooperation with Bybit and other partners, Mantle created xStocks, which include tokenized access to various U.S. equities and ETFs, including names such as Tesla Inc (NASDAQ:TSLA), NVIDIA Corp (NASDAQ:NVDA), Apple Inc (NASDAQ:AAPL), State Street SPDR S&P 500 ETF Trust (NYSE:SPY),  Invesco QQQ Trust (NASDAQ:QQQ), alongside major index trackers. All assets provided …

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Bitmine Immersion Technologies (NYSE:BMNR) acquired 71,524 ETH last week, bringing total holdings to 4.875 million ETH representing 4.04% of total supply.

The ETH Accumulation

Bitmine now owns 4.04% of the total ETH supply of 120.7 million coins. That puts the company 81% of the way to its “Alchemy of 5%” target in just 9 months. 

Last week’s 71,524 ETH purchase marks the highest buying pace since late December.

As of April 12, Bitmine’s crypto holdings total 4,874,858 ETH at $2,206 per ETH, 198 Bitcoin, $200 million stake in Beast Industries, $85 million stake in Eightco Holdings (NASDAQ:ORBS), and total cash of $719 million. Combined crypto plus cash plus “moonshots” total $11.8 billion.

“Bitmine has maintained the increased pace of ETH buys in each of the past four weeks, as our base case is ETH is in the final stages of the ‘mini-crypto winter,’” said Chairman Tom Lee.

The Staking Revenue

Bitmine …

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Muddy Waters founder Carson Block says that artificial intelligence will trigger economic fallout that could make the 2008 global financial crisis “pale in comparison.”

Block argued that AI-driven job losses will cascade through the U.S. economy over the next several years. Fewer jobs mean smaller 401k contributions, which means less passive money flowing into equities.

He also pointed to weakness in private credit, where he said “too much money has gone into an asset class that just couldn’t make enough high-quality loans.”

The warning echoes concerns from Vanguard’s Shaan Raithatha, who flagged hidden risks in Big Tech’s $400 billion debt binge earlier this year.

Short Sellers Are Already Circling

The data suggests bears aren’t waiting. Hedge funds have made $24 billion shorting software stocks in 2026 so far, according to CNBC, as roughly $1 trillion in market cap evaporated from the sector. …

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Intuitive Machines Inc. (NASDAQ:LUNR) shares are climbing Monday. The stock reached a new 52-week high of $25.55 during the session. This surge follows the historic completion of NASA’s Artemis II mission.

The Nasdaq is up 0.18% while the S&P 500 has gained 0.09%.

Artemis II Success Validates Lunar Sector

Investor optimism spiked after the Orion spacecraft successfully splashed down Friday. The mission saw four astronauts travel 694,000 miles, the farthest deep-space distance ever recorded.

Former President Barack Obama praised the crew on Saturday via X. Obama stated, “What the Artemis II astronauts did over the last 10 days was a testament to their bravery.” He called …

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The operator of a digital hub for automotive components and services is seeking a Hong Kong listing, citing plans to expand its coverage to meet rising demand   

image credit: Bamboo Works

Key Takeaways: 

  • Casstime increased its revenue and gross profit last year, but logged a wider net loss, hit by operating costs and fair-value changes 
  • Its shareholders include Shanghai Capital and Germany’s Bosch

With signs of a pick-up in some automotive stocks, a car parts and servicing platform has joined the convoy of companies heading to the equity market.

Casstime Holdings Ltd., which focuses on China’s automotive aftermarket, has applied to list on the Hong Kong Stock Exchange, with China International Capital Corp (CICC) as the sole sponsor.

The proposed capital-raising follows a surge in overall IPO interest and reflects a brightening mood in parts of the auto sector, led by shares in Geely Automobile (0175.HK) and BYD (OTC:BYDDY) (OTC:BYDDF) (1211.HK) as rising fuel prices look to boost sales of electric vehicles. 

Casstime operates platforms to facilitate the maintenance and repair of vehicles after they are sold, by matching businesses such as workshops and parts suppliers. It foresees rising demand from the boom in electric vehicles, whose batteries or other systems need to be periodically replaced or upgraded.

Founded in 2015, Casstime launched desktop versions of its auto parts trading platform and services system the following year and has since folded in a suite of artificial intelligence features for smart matching. Current backers include Shunwei Capital, which counts Xiaomi founder Lei Jun as one of its stakeholders, as well as Fosun International and Germany’s Bosch.

The aftermarket encompasses products and services to maintain, repair or modify a vehicle over its lifetime. From 2021 to 2025, the mainland Chinese aftermarket grew at a compound annual growth rate (CAGR) of 4.8%, outpacing …

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Bitcoin (CRYPTO: BTC) traders are closely watching whether the asset can reclaim key technical levels amid ongoing macroeconomic uncertainty.

Key Levels In Focus

In the latest Technical Roundup podcast, trader DonAlt said Bitcoin’s most important level remains a weekly close above roughly $71,000.

He noted that such a move would strengthen the case for a sustained breakout.

The previous attempt to break higher failed amid geopolitical volatility.

A second attempt is now underway, but DonAlt said consecutive failed breakouts are uncommon.

Holding above this level would likely signal further upside.

If confirmed, the next major resistance sits near $82,000. Failure to hold current levels …

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XRP (CRYPTO: XRP) has fallen about 35% over the past three months and roughly 63% over the past nine months, as sentiment in the market turns increasingly negative.

Despite the decline, analysts say extreme fear conditions could set the stage for a short-term relief rally.

Sentiment Turns Deeply Bearish

Data from Santiment shows XRP sentiment has reached one of its most bearish readings in the past two years, ranking among the highest levels of fear, uncertainty and doubt (FUD).

Historically, such extreme pessimism …

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Strategy (NASDAQ:MSTR) purchased 13,927 Bitcoin (CRYPTO: BTC) for approximately $1 billion at an average price of $71,902 per coin between April 6 and April 12, entirely funded by sales of its Stretch (NASDAQ:STRC) perpetual preferred stock.

The Bitcoin Purchase

The purchase brings Strategy’s total holdings to 780,897 BTC, acquired for approximately $59.02 billion at an average cost basis of $75,577. 

This represents more than 3.7% of Bitcoin’s total 21 million supply and implies around $3.6 billion of paper losses at current prices.

The company funded last week’s acquisitions entirely by raising $1 billion through at-the-market sales of STRC.

Strategy sold 10,028,363 STRC shares for approximately $1 billion. As of April 12, $21.6 billion worth of STRC shares remain available for issuance and sale under that program.

The company sold no shares of Class A common stock MSTR last week, leaving $27.1 billion available under that …

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U.S. stocks traded lower this morning, with the Dow Jones falling more than 350 points on Monday.

Following the market opening Monday, the Dow traded down 0.79% to 47,537.73 while the NASDAQ fell 0.34% to 22,824.61. The S&P 500 also fell, dropping, 0.33% to 6,794.11.

Leading and Lagging Sectors

Information technology shares climbed by 1.2% on Monday.

In trading on Monday, consumer staples stocks fell by 1.2%.

Top Headline

Goldman Sachs Group Inc (NYSE:GS) reported better-than-expected earnings for the first quarter on Monday.

The company posted quarterly earnings of $17.55 per share which beat the analyst consensus estimate of $16.30 per share. The company reported quarterly sales of $17.227 billion which beat the analyst consensus estimate of $16.970 billion.

Equities Trading UP
           

  • Real …

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Shares of One and One Green Technologies Inc (NASDAQ:YDDL) are trading lower on Monday. The decline follows a weekend of digestion over the company’s latest capital raise strategy.

Massive Discount Triggers Sell-Off

The Philippines-based recycler announced a securities purchase agreement with two institutional investors. The company plans to sell 1.733 million units at $7.50 per unit.

One and One Green expects $13 million in gross proceeds. Management intends to use the funds for working capital and general corporate purposes.

This move comes relatively soon after the company’s October initial public offering, which raised $11.5 …

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Palantir Technologies Inc (NASDAQ:PLTR) shares are bucking the broader market trend this Monday. The S&P 500 is down 0.32% while the Nasdaq declined 0.35%.

Trump Endorsement Sparks Rebound

Traders are reacting to recent comments from President Donald Trump. On Friday, Trump praised Palantir’s “war fighting capabilities” on Truth Social. This reinforced the company’s entrenched relationships with the U.S. government.

The stock previously saw a $10 billion market cap recovery shortly after the post.

Analyst Dan Ives Sets Massive Price Forecast

Wedbush analyst Dan Ives is fueling the bullish narrative. Ives recently reiterated …

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BitGo Prime, a unit of BitGo Holdings Inc. (NYSE:BTGO), said Monday that tradias has joined its liquidity network as a provider, enhancing institutional access to digital asset markets.

The addition of tradias is expected to deepen liquidity and improve execution quality by expanding BitGo Prime’s network of exchanges, market makers, and counterparties. The platform aggregates liquidity to deliver competitive pricing and efficient trade execution.

“Continuing to expand our liquidity network is core to delivering the best execution quality that institutions expect,” said CEO Mike Belshe.

Both firms highlighted their regulated infrastructure, with BitGo offering insured cold storage custody and tradias operating under strict compliance standards.

Technical Analysis

At $8.45, BTGO is trading 5.8% below its 20-day simple moving average (SMA), the stock’s average price over the last …

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Fusemachines Inc. (NASDAQ:FUSE) shares maintain heavy buying pressure during Monday’s premarket session. This follows a massive 115.29% rally on Friday.

Nasdaq futures are down 0.54% while S&P 500 futures have shed 0.59%.

Investors are reacting to a strategic shareholder letter released by founder and CEO Sameer Maskey.

Agentic AI Strategy Shifts Into Focus

The recent surge stems from Maskey’s pivot toward agentic AI. He noted that AI is moving toward autonomous execution of complex tasks. This shift frames a major long-term opportunity for the company. Fusemachines is currently enhancing its AI Studio platform to support these autonomous enterprise workflows.

Debt-Free Balance Sheet Boosts Confidence

Financial discipline is …

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In a recent survey conducted by PwC, a significant majority of American business leaders anticipate that U.S. tariffs will continue to be high for years, extending beyond the Donald Trump era.

Kristin Bohl, a customs and international trade partner at PwC, believes that elevated tariffs are unlikely to be reduced, reported MarketWatch on Monday. She said Trump’s initial tariffs faced backlash, with companies warning about potential inflation and economic impact. However, she reminded, the “Biden administration came in and did not remove them.”

Bohl noted that tariffs were expanded under Biden and have been increased even further in Trump’s second term.

“So we’ve seen tariffs be put in place and endure throughout three separate, albeit two mirroring, administrations,” Bohl said.

Bohl’s comments are corroborated by a recent PwC survey, which showed that approximately 86% of U.S. executives believe import taxes will continue to be a significant aspect of the country’s economic framework. 

PwC’s Rohit Kumar said global markets will likely adapt to Trump-era tariffs by 2029, making them the new norm. Kumar also noted that it will be difficult to terminate tariffs when they’re generating substantial revenue for the federal government.

This is particularly relevant given that the …

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Iran stated that if its ports are threatened by the U.S. blockade, no port in the Persian Gulf or the Sea of Oman will remain safe. The Iranian military spokesperson, quoted by state media, labeled any U.S. restrictions on vessels in international waters as “piracy”.

The Revolutionary Guards also warned that any military vessels entering the strait would be seen as violating the ceasefire. The statement came as two Iranian-linked tankers, Aurora and New Future, carrying oil products and diesel, passed through the strait shortly before the U.S. blockade was set to take effect, according to data from LSEG, according to an Associated Press report on Monday.

US Navy To Enforce Strait Blockade

This move follows President Donald Trump‘s announcement that the U.S. Navy would begin a process to stop …

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Advanced Micro Devices Inc. (NASDAQ:AMD) shares are trading lower during Monday’s premarket session.

The decline follows a weekend of escalating geopolitical tensions that have dampened investor appetite for high-growth technology names.

Geopolitical Tensions Weigh On Tech

U.S. stock futures fell Monday morning after President Donald Trump announced a blockade of the Strait of Hormuz. The move followed the collapse of peace talks in Islamabad on Sunday. The breakdown occurred after 21 hours of discussions. Vice President JD Vance stated Washington would not compromise on its core demands.

Rising Oil And …

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J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) will release earnings for its first quarter after the closing bell on Wednesday, April 15.

Analysts expect the Lowell, Arkansas-based company to report quarterly earnings of $1.45 per share, up from $1.17 per share in the year-ago period. The consensus estimate for J.B. Hunt Transport’s quarterly revenue is $2.95 billion (it reported $2.92 billion last year), according to Benzinga Pro.

On Feb. 24, J B Hunt Transport Services filed for a mixed shelf offering.

J.B. Hunt Transport shares gained 0.8% to close at $227.04 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the …

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

  • Evercore ISI Group raised the price target for Toll Brothers Inc (NYSE:TOL) from $174 to $176. Evercore ISI Group analyst Stephen Kim upgraded the stock from In-Line to Outperform. Toll Brothers shares closed at $140.12 on Friday. See how other analysts view this stock.
  • Morgan Stanley increased Bilibili Inc – ADR (NASDAQ:BILI) price target from $25 to $31. Morgan Stanley analyst Yang Liu upgraded the stock from Equal-Weight to Overweight. Bilibili shares closed at $23.76 on Friday. See how other analysts view this stock.
  • HC Wainwright & Co. raised price target for Oruka Therapeutics Inc (NASDAQ:ORKA) from $40 to $70. HC Wainwright & Co. analyst Mitchell S. Kapoor maintained a Buy rating. Oruka Therapeutics shares closed at $59.58 on Friday. See …

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OpenAI is reportedly planning to set up its permanent office in London, aiming to make the city its largest research hub outside the U.S.

The San Francisco-based firm told Reuters on Monday that it would start the office in 2027. The 88,500 square foot location, situated at Regent Quarter, will house 544 employees and is part of the company’s plan to expand its capacity to meet the growing demand in the UK.

OpenAI first opened its office in London in 2023. Currently, it employs approximately 200 people in London across various roles, including research, engineering, customer support, policy, and sales. The new office will serve as a significant expansion of the company’s presence in the …

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As of April 13, 2026, two stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro.

Here’s the latest list of major overbought players in this sector.

PVH Corp (NYSE:PVH)

  • On March 31, PVH …

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

  • Evercore ISI Group analyst Alexander Virgo initiated coverage on Johnson Controls International PLC (NYSE:JCI) with an In-Line rating and announced a price target of $155. Johnson Controls shares closed at $142.53 on Friday. See how other analysts view this stock.
  • HC Wainwright & Co. analyst Mitchell S. Kapoor initiated coverage on Generate Biomedicines Inc (NASDAQ:GENB) with a Buy rating and announced a price …

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

  • Baird analyst Andrew Wittmann downgraded Parsons Corp (NYSE:PSN) from Outperform to Neutral and maintained the price target of $60. Parsons shares closed at $56.01 on Friday. See how other analysts view this stock.
  • HC Wainwright & Co. analyst Robert Burns downgraded Replimune Group Inc (NASDAQ:REPL) from Buy to Sell. Replimune Group shares closed at $4.76 on Friday. See …

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Bitcoin (CRYPTO: BTC) slipped below $71,000 on Monday after President Trump ordered the U.S. to join Iran in blockading the Strait of Hormuz.

The Profit-Taking Pressure

Blockchain analytics firm Glassnode reports that traders are selling more than $20 million worth of Bitcoin per hour to lock in profits.

The message is clear: the $70,000 to $80,000 band is less a battleground of conviction and more a persistent distribution zone, as traders have treated it since February.

The Trump Blockade

Crypto prices came under further pressure during U.S. morning hours on Sunday after President Trump announced a blockade of the Strait of Hormuz.

“Effective immediately, the United States Navy will begin the process of blockading any and all ships trying to enter, or …

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Sky Quarry Inc (NASDAQ:SKYQ) shares are soaring Monday morning. The move follows a massive momentum wave that began last week. Trading resumed Friday after a circuit breaker halt saw the stock jump over 85%.

Geopolitical Tensions Drive Energy Interest

The primary catalyst stems from escalating Middle East tensions. President Donald Trump recently announced a blockade of the Strait of Hormuz. Trump expressed frustration with Iran on Truth Social.

Nasdaq futures are down 0.61% while S&P 500 futures have shed 0.58%.

Oil Prices Surpass Key Thresholds

Global energy supply concerns sent Brent crude prices past $100 per barrel. Crude …

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Wells Fargo & Company (NYSE:WFC) will release earnings for its first quarter before the opening bell on Tuesday, April 14.

Analysts expect the San Francisco, California-based bank to report quarterly earnings of $1.58 per share, up from $1.39 per share in the year-ago period. The consensus estimate for Wells Fargo’s quarterly revenue is $21.77 billion. It reported $20.15 billion last year, according to Benzinga Pro.

With the recent buzz around Wells Fargo, some investors may be eyeing potential gains from the company’s dividends too. As of now, Wells Fargo has an annual dividend yield of 2.11%, which is a quarterly dividend amount of 45 cents per share ($1.80 a year).  

So, how can investors exploit its dividend yield to pocket a regular $500 monthly?

To earn $500 per month or …

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On CNBC’s “Halftime Report Final Trades,” Bryn Talkington, managing partner of Requisite Capital Management, said Capital One Financial Corporation (NYSE:COF) is a great company.

Earnings would be a catalyst for the stock to go higher, Talkington says.

Capital One Financial will release earnings results for the first quarter after the closing bell on Tuesday, April 21. Analysts expect the company to report quarterly earnings at $4.64 per share on revenue of $15.37 billion.

Kevin Simpson, Capital Wealth Planning founder and CIO, named Amazon.com, Inc. (NASDAQ:AMZN) as …

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U.S. stock futures were lower this morning, with the Dow futures falling more than 150 points on Monday.

Shares of Fastenal Co (NASDAQ:FAST) fell sharply in pre-market trading after the company reported results for the first quarter.

Fastenal reported quarterly earnings of 30 cents per share which met the analyst consensus estimate. The company reported quarterly sales of $2.202 billion which beat the analyst consensus estimate of $2.199 billion

Fastenal shares dipped 4% to $47.21 in pre-market trading.

Here are some other stocks moving lower in pre-market trading.

  • Replimune Group Inc (NASDAQ:REPL) fell 57.5% to $2.02 in pre-market trading. The U.S. Food and Drug Administration (FDA) on Friday concluded that Replimmune Biologics License Application (BLA) for vusolimogene oderparepvec in combination with …

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In today’s fast-paced and competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies before making investment decisions. In this article, we will conduct a comprehensive industry comparison, evaluating Palantir Technologies (NASDAQ:PLTR) against its key competitors in the Software industry. By examining key financial metrics, market position, and growth prospects, we aim to provide valuable insights for investors and shed light on company’s performance within the industry.

Palantir Technologies Background

Palantir is an artificial intelligence, analytics, and automated decision-making company that leverages data to drive efficiency across its clients’ organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. Palantir works only with entities in Western-allied nations and reserves the right not to work with anyone that is antithetical to Western values. The company was founded in 2003 and went public in 2020.

Company P/E P/B P/S ROE EBITDA (in billions) Gross Profit (in billions) Revenue Growth
Palantir Technologies Inc 203.27 41.46 73.40 8.71% $0.58 $1.19 70.0%
Salesforce Inc 21.15 2.57 3.80 3.26% $3.27 $8.69 12.09%
AppLovin Corp 38.98 61.84 24.42 61.09% $1.34 $1.47 65.88%
Intuit Inc 22.83 5.09 4.92 3.61% $1.14 $3.61 17.36%
Adobe Inc 13.13 7.97 3.87 16.39% $2.66 $5.73 11.97%
Synopsys Inc 60.21 2.46 8.54 0.22% $0.69 $1.77 65.52%
Cadence Design Systems Inc 65.43 13.40 13.71 7.27% $0.59 $1.25 6.2%
Autodesk Inc 41.77 15.14 6.52 10.64% $0.58 $1.79 19.4%
Datadog Inc 339.90 9.99 11.18 1.3% $0.08 $0.77 29.21%
Roper Technologies Inc 24.17 1.77 4.70 2.15% $0.86 $1.43 9.67%
Workday Inc 43.44 3.71 3.16 1.74% $0.39 $1.92 14.52%
Zoom Communications Inc 12.82 2.38 5 7.06% $0.28 $0.95 5.31%
PTC Inc 19.65 4.13 5.62 4.34% $0.25 $0.57 21.36%
Trimble Inc 36.80 2.58 4.36 2.69% $0.25 $0.7 -1.38%
Tyler Technologies Inc 44.07 3.64 5.96 1.79% $0.12 $0.26 6.29%
IREN Ltd 134.85 5.19 25.24 -5.77% $-0.23 $0.11 59.02%
HubSpot Inc 223.56 4.91 3.27 2.78% $0.1 $0.71 20.42%
Guidewire Software Inc 53.37 6.61 7.68 3.95% $0.08 $0.23 24.05%
Dynatrace Inc 53.93 3.51 5.11 1.45% $0.08 $0.42 18.18%
Average 69.45 8.72 8.17 7.0% $0.7 $1.8 22.5%

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In the ever-evolving and intensely competitive business landscape, conducting a thorough company analysis is of utmost importance for investors and industry followers. In this article, we will carry out an in-depth industry comparison, assessing Amazon.com (NASDAQ:AMZN) alongside its primary competitors in the Broadline Retail industry. By meticulously examining key financial metrics, market positioning, and growth prospects, we aim to offer valuable insights to investors and shed light on company’s performance within the industry.

Amazon.com Background

Amazon is the leading online retailer and marketplace for third party sellers. Retail related revenue represents approximately 74% of total, followed by Amazon Web Services (17%), and advertising services (9%). International segments constitute 22% of Amazon’s total revenue, led by Germany, the United Kingdom, and Japan.

Company P/E P/B P/S ROE EBITDA (in billions) Gross Profit (in billions) Revenue Growth
Amazon.com Inc 33.25 6.24 3.60 5.43% $46.76 $103.43 13.63%
MercadoLibre Inc 45.02 13.33 3.11 8.62% $1.07 $3.78 44.56%
eBay Inc 22.39 9.26 4.02 11.31% $0.8 $2.12 14.97%
Coupang Inc 179.64 7.81 1.06 -0.56% $0.17 $2.54 10.92%
Dillard’s Inc 16.36 5.23 1.42 10.66% $0.3 $0.72 -3.03%
Ollie’s Bargain Outlet Holdings Inc 23.11 2.90 2.10 4.6% $0.13 $0.31 16.82%
Global E Online Ltd 77.51 5.44 5.53 6.69% $0.13 $0.15 28.05%
Macy’s Inc 8.13 1.02 0.23 11.04% $0.9 $2.97 -1.14%
Kohl’s Corp 5.58 0.37 0.10 3.13% $0.39 $1.85 -4.15%
Savers Value Village Inc 57.71 2.88 0.78 5.28% $0.07 $0.26 15.59%
Hour Loop Inc 37.60 9.46 0.46 -8.96% $-0.0 $0.03 3.03%
Average 47.3 5.77 1.88 5.18% $0.4 $1.47 12.56%

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In today’s fast-paced and competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies before making investment decisions. In this article, we will conduct a comprehensive industry comparison, evaluating Tesla (NASDAQ:TSLA) against its key competitors in the Automobiles industry. By examining key financial metrics, market position, and growth prospects, we aim to provide valuable insights for investors and shed light on company’s performance within the industry.

Tesla Background

Tesla is a vertically integrated battery electric vehicle automaker and developer of real world artificial intelligence software, which includes autonomous driving and humanoid robots. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling a sports car and offer a robotaxi service. Global deliveries in 2025 were nearly 1.64 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network and an auto insurance business.

Company P/E P/B P/S ROE EBITDA (in billions) Gross Profit (in billions) Revenue Growth
Tesla Inc 323.10 15.94 12.98 1.04% $2.91 $5.01 -3.14%
General Motors Co 23.37 1.13 0.40 -5.22% $0.42 $-1.12 -5.06%
Ferrari NV 33.69 13.63 7.53 9.89% $0.69 $0.93 3.79%
Thor Industries Inc 14.07 0.96 0.43 0.41% $0.1 $0.25 5.34%
Winnebago Industries Inc 22.48 0.76 0.32 0.39% $0.03 $0.09 6.0%
Average 23.4 4.12 2.17 1.37% $0.31 $0.04 2.52%

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Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk expressed his concerns over the COVID-19 vaccine dosage, citing his own adverse experience.

Musk took to X on Sunday and claimed that his second vaccine shot was so severe that it almost led him to hospitalization. “My second vaccine shot almost sent me to the hospital. Felt like I was dying.” He compared his vaccine experience with his encounter with the original coronavirus, which he described as like any other cold or flu. “Bad, but not terrible,” said Musk.

Musk’s post was in response to a post by Peter Sweden, who highlighted the claims of a Pfizer Inc. (NYSE:PFE) insider and former head of toxicology, estimating that between 20,000 and 60,000 people in Germany have died from the COVID-19 vaccine.

“The vaccine dosage was obviously too high and done too many times,” wrote Musk.

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Gold’s volatility may have rattled markets in 2026, but merger-and-acquisition activity in mining remains active — and one recent deal shows just how much value the market may still be missing in the junior space.

Last week, G Mining Ventures Corp. (OTC:GMINF) agreed to acquire G2 Goldfields Inc. (OTC:GUYGF) in an all-share transaction valued at approximately $2.2 billion. The deal combines two adjacent assets in Guyana — Oko West and Oko-Ghanie — into a single district-scale mining complex capable of producing more than 500,000 ounces of gold annually over its life.

“Once built, this mine has the potential to rank among the highest-producing gold mines globally,” G Mining CEO Louis-Pierre Gignac said in the statement.

The logic behind the transaction is straightforward. By consolidating neighboring deposits into a single system, G Mining can eliminate redundant infrastructure, accelerate permitting, and improve capital efficiency. In practical terms, it translates into more than $1 billion in synergies and the elimination of standalone development costs for G2’s project.

The deal may not be a headline magnet purely on size, but it offers a strong example of how large an acquisition premium a junior miner can command when the right …

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U.S. stocks settled lower on Friday, with the Dow Jones index falling more than 250 points during the session after the University of Michigan’s consumer sentiment index crashed to a record low in April and the March monthly inflation rate printed at 0.9%, the highest monthly increase since June 2022.

Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst’s opinion to trust.

Benzinga’s Analyst Ratings API is a collection of the highest-quality stock ratings curated by the Benzinga news desk via direct partnerships with major sell-side banks. Benzinga displays overnight ratings changes on a daily basis three hours prior to the U.S. equity market opening. Data specialists at investment dashboard provider Toggle.ai recently uncovered that the analyst insights Benzinga Pro subscribers and Benzinga readers regularly receive can successfully be used as trading indicators to outperform the stock market.

Top Analyst Picks: Fortunately, any Benzinga reader can access the latest analyst ratings on the Analyst …

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The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.

The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.

Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.

American Vanguard Corp (NYSE:AVD)

  • On March 16, American Vanguard posted downbeat quarterly results. Dak Kaye, CEO of American Vanguard, stated “2025 was a pivotal year for American Vanguard as we continue to make progress on the execution of our business improvement plans. Initiatives that we implemented early last year have resulted in increased margins, in an agricultural economy that is just beginning to recover. While we have …

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For professionals in litigation-exposed fields, the difference between a 401(k) and an Individual Retirement Account is not just tax-related; it is a legal distinction that can affect asset protection.

Under the Employee Retirement Income Security Act (ERISA), qualified 401(k) plans generally receive strong federal creditor protection under mandatory anti-alienation rules, typically shielding assets from most creditor claims, including lawsuits and business-related judgments, with limited exceptions such as domestic relations orders.

IRAs are treated differently under federal bankruptcy rules. Retirement funds held in IRAs are protected in bankruptcy up to a statutory cap of $1 million, with that amount adjusted periodically for inflation, bringing the effective limit to roughly $1.7 million today. Any balance above that threshold may not be fully protected in bankruptcy proceedings. Outside bankruptcy, IRA protections depend on state law, which varies widely and can be significantly weaker in some jurisdictions.

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Television host Jim Cramer says that analysts not taking the crude oil price surge into account were naive as President Donald Trump announced a U.S.-led blockade of the Strait of Hormuz.

Jim Cramer Decries ‘Panglossian’ Analysts

In a post on the social media platform X on Monday, the investor said, “Very few analysts seem to care that oil has gone above $100. They have cordoned off oil as a factor,” he said, calling the move “Panglossian,” or naive.

He then shared that while he acknowledged that the possibility of the U.S. facing supply shortages was low, analysts wanted to “buy the dip ahead of a blockade as if the market will rally when the blockade takes effect.”

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Iran’s Foreign Minister Seyed Abbas Araghchi expressed disappointment over the U.S.’s approach in the recent peace talks, suggesting that the U.S. failed to negotiate in good faith.

Araghchi took to X on Sunday to share his views on the U.S.-Iran peace talks held in Islamabad, Pakistan on Saturday, which he referred to as “intensive talks at highest level in 47 years.”

He stated that Iran had engaged with the U.S. in good faith to end the war, but was met with “maximalism, shifting goalposts, and blockade” when they were “inches away” to signing the “Islamabad MoU”.

“Zero lessons earned,” he added.

Meanwhile, Iranian President Masoud Pezeshkian said on X, “If the American government abandons its totalitarianism and respects the rights of the Iranian …

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First Horizon Corporation (NYSE:FHN) will release earnings for its first quarter before the opening bell on Wednesday, April 15.

Analysts expect the Memphis, Tennessee-based company to report quarterly earnings of 50 cents per share, up from 42 cents per share in the year-ago period. The consensus estimate for First Horizon’s quarterly revenue is $869.85 million (it reported $816 million last year), according to Benzinga Pro.

On Jan. 15, First Horizon reported better-than-expected earnings for the fourth quarter.

First Horizon shares fell 1.6% to close at $24.05 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent …

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A trader opened a high-risk short bet on Ethereum (CRYPTO: ETH) late Sunday, with liquidation looming just a hair’s breadth away.

Daring Bet Or Something More?

The trader opened a 25x leveraged short position on ETH on the decentralized perpetual trading platform Hyperliquid at an entry price of $2,209.38, reported Lookonchain.

As of this writing, the position stands at 40,000 ETH, equivalent to $109.9 million, with an unrealized profit of $188,503. Should ETH increase to $2,218, which is a mere $9 away from the current price, the entire position will be wiped out.

The perp trader endured a roller-coaster last week, watching their account balance fall from a peak of $1.23 million to $545,584 today. Overall, they were down $203,591 …

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Bitcoin dropped to $70,000 after briefly touching $73,000 over the weekend, as renewed geopolitical tensions weighed on market sentiment; liquidations stand at $184.36 million over the past 24 hours.    

Bitcoin ETFs saw $256.8 million in net inflows on Friday, while Ethereum ETFs reported $64.95 million in net inflows.  


Cryptocurrency		 Ticker Price
Bitcoin (CRYPTO: BTC) $70,750.36
Ethereum (CRYPTO: ETH) $2,184.16
Solana (CRYPTO: SOL) $81.84
XRP (CRYPTO: XRP) $1.32
Dogecoin (CRYPTO: DOGE) $0.09092
Shiba Inu (CRYPTO: SHIB) $0.055765

Meme coin market capitalization is down 1.4% …

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The S&P 500 closed lower on Friday, declining 0.11% to close at 6,816.89 as the ceasefire with Iran was on shaky grounds, with the Islamic Republic blaming Israel for violating the ceasefire with attacks on Lebanon.

The Polygon-based (CRYPTO: POL) Polymarket crowd is bearish heading into Monday. The April 13 contract shows only 14% of traders betting “Up,” following $94,055 in traded volume on the April 10 outcome.

Why That Number Matters

The …

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M&T Bank Corporation (NYSE:MTB) will release earnings for its first quarter before the opening bell on Wednesday, April 15.

Analysts expect the Buffalo, New York-based company to report quarterly earnings of $4.00 per share. That’s up from $3.32 per share in the year-ago period. The consensus estimate for M&T Bank’s quarterly revenue is $2.42 billion (it reported $2.31 billion last year), according to Benzinga Pro.

On March 30, M&T Bank announced a $5 billion buyback plan.

Shares of M&T Bank fell 1.4% to close at $219.92 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company …

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In a bid to diversify its beverage offerings, fast-food behemoth McDonald’s (NYSE:MCD) is reportedly gearing up to add energy drinks and specialty sodas to its U.S. menus.

McDonald’s is planning to introduce new beverages such as Red Bull Dragonberry Energizer, Dirty Dr Pepper, and Mango Pineapple Refresher in the coming months, with the energy drinks expected to debut in August, reported The Wall Street Journal on Sunday.

The fast food giant has been developing its beverage expansion for years, experimenting with drinks like Sour Cherry Energy Burst and Blackberry Mint Green Tea at its short-lived concept, CosMc’s.

The company aims to offer these new beverages at prices lower than those of competitors such as Starbucks Corp. (NASDAQ:SBUX), Dutch Bros (NYSE:BROS), and Sonic, stated the publication, citing company documents.

The new beverages are expected to deliver strong profit margins for franchise owners, who run most of the restaurants. Many have reportedly spent thousands on new mixing equipment to drive sales without …

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Crude oil surged over 7% on Monday after President Donald Trump announced a blockade of all vessels entering and exiting Iranian ports after ceasefire talks with Iran ended without an agreement over the weekend—reviving fears of a major disruption to global energy supplies.

Brent crude climbed to nearly $102 per barrel and West Texas Intermediate (WTI) topped $104 per barrel. Exchange-traded funds tied directly to oil futures also moved higher, including the United States Oil Fund (NYSE:USO) and United States Brent Oil Fund (NYSE:BNO), which tend to react quickly to price swings and are often used by investors to capitalize on short-term moves.

What Happened?

Trump said in a post on social media platform Truth Social, “Effective immediately, the United States Navy, the Finest in the World, will …

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British drugmaker GSK plc (NYSE:GSK) is betting on blockbuster potential for its experimental cancer therapy Mo-rez, after early trial data showed the drug shrank tumors in patients with advanced, hard-to-treat gynecological cancers.

“Do we think it would be a blockbuster? Yes, absolutely,” GSK’s head of oncology research, Hesham Abdullah, told reporters on Sunday, as the data was presented at a medical conference in Puerto Rico, according to Reuters.

In platinum-resistant ovarian cancer, 62% of patients achieved at least a 30% reduction in tumor size. In endometrial cancer, 67% met that threshold.

Mo-rez is an antibody-drug conjugate that targets the B7H4 protein found on gynecological cancer cells but largely absent …

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Flight operator Virgin Atlantic, founded by billionaire Richard Branson, has announced it will begin offering Elon Musk-led SpaceX‘s satellite internet service Starlink on its aircrafts this year.

Starlink Now On Virgin Atlantic

The company released an official statement announcing the partnership with Starlink, sharing that it will initially offer the service on Airbus SE‘s (OTC:EADSF) A350 aircraft by the summer. Virgin Atlantic said that the company’s Boeing Co. (NYSE:BA) 787 fleet would be fitted with Starlink capabilities by the second half of the year, alongside the A330neo fleet.

“The first customer flight is slated for early May on the VS153 from London Heathrow to New York, JFK,” the airline said in the statement. Virgin Atlantic hopes to achieve fleet-wide connectivity by 2027 and will offer the service free of charge for its Flying Club members.

Elon Musk Hails The Move

Following the announcement, Musk took …

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Some of Japan’s biggest names, including SoftBank Corp (OTC:SFTBY), NEC Corp (OTC:NECPY), Honda Motor Co (OTC:HNDAF) and Sony Group Corp. (OTC:SNEJF) have established a new company focused on large-scale artificial intelligence for domestic businesses, according to a report seen on Sunday.

Why It Matters

The initiative was taken to narrow the gap with U.S. and Chinese AI leaders, with expected backing from the Japanese government, according to a report by Japan Today. The group will initially roll out the model to domestic firms, with plans to expand into factory robotics and other applications.

The venture is expected …

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Elon Musk-led Tesla Inc. (NASDAQ:TSLA) has included a clause in the purchase agreement for the Model S and Model X customers that will bar them from selling their vehicles within a year of buying the vehicle.

Tesla’s 1 Year Clause

On Sunday, a user, The Cybertruck Guy, took to the social media platform X to share screenshots of a purchase agreement for Tesla’s Model S and Model X ‘Signature’ edition models. “You agree that you will not sell or otherwise attempt to sell the Vehicle within the first year” following its delivery date, citing its limited release nature.

Tesla also maintained that should any “unforeseen” circumstances force the buyer to sell the vehicle and the EV giant accepts the customer’s reasons, the buyer would “agree to notify” the automaker and “give Tesla reasonable time to purchase the Vehicle” from the customer “at its sole discretion and at the purchase price listed on your Final Price Sheet less $0.25/mile driven,” the agreement said.

The owner can sell their vehicle to a third party should Tesla refuse …

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President Donald Trump, on Sunday, said that oil and gas prices could either decrease, remain stable, or slightly rise by the time of the forthcoming midterm elections in November. 

During an interview with Maria Bartiromo on Fox News’s “Sunday Morning Futures,” Trump discussed the potential direction of oil and gas prices. “It could be, or the same or maybe a little bit higher, but it should be around the same,” he said.

When the host pressed Trump further on the oil and gas prices, he said, “Eventually, it’s going to be lowered. It might not happen initially, but it’s going to go down,” he said.

“Frankly, the gas hasn’t gone up as much as I thought,” Trump added.

He also touched on the ongoing U.S. conflict with Iran, stating, “I …

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The Official Trump (CRYPTO: TRUMP) memecoin, launched days before President Donald Trump’s inauguration, has been a portfolio wrecker, eroding gains for anyone who bought into the initial hype.

‘TRUMP’ Brings Doom

The Solana (CRYPTO: SOL)-based token has tumbled 96% from the all-time high of $75.35 set shortly after its launch in January 2025.

At the peak, it soared to a market capitalization of $9 billion, while the fully diluted valuation, factoring in Trump-affiliated holdings, ballooned to $75 billion.

Fast forward to April 2026, and the coin’s market capitalization has plunged to $655 million, alongside a fully diluted valuation of $2.82 billion.

So, if …

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As Elon Musk-led SpaceX prepares for its IPO, traders on prediction market platforms Kalshi and Polymarket are betting on the listing to be delayed beyond its planned June timeline.

90% Chance SpaceX IPO Gets Delayed

91% of the bettors on Polymarket on Sunday thought that the IPO would take place before September 30, while over 94% of the bets were placed on the IPO not happening before December 31. On Kalshi, bettors thought that there was a 92% and 93% chance that the IPO would take place in November and December, respectively.

Interestingly, according to the contract, there was a 97% chance that the IPO would take place before June 1st next year.

On the other hand, the contract on Polymarket suggests bettors think there’s only a 46% chance the IPO takes place before June 30, while on …

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The CNN Money Fear and Greed index showed a slight increase in the overall fear level, while the index remained in the “Fear” zone on Friday.

U.S. stocks settled lower on Friday, with the Dow Jones index falling more than 250 points during the session after the University of Michigan’s consumer sentiment index crashed to a record low in April and the March monthly inflation rate printed at 0.9%, the highest monthly increase since June 2022.

Meanwhile, Trump vowed to block ship traffic tied to Iran in and out of the Strait of Hormuz after the Islamabad peace talks over the weekend without an agreement.

Organon & Co. (NASDAQ:OGN) shares jumped 28% on Friday …

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With U.S. stock futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows:

  • Wall Street expects Goldman Sachs Group Inc. (NYSE:GS) to report quarterly earnings at $16.41 per share on revenue of $16.93 billion before the opening bell, according to data from Benzinga Pro. Goldman Sachs shares rose 0.5% to close at $907.80 on Friday.
  • Children’s Place Inc. (NASDAQ:PLCE) posted weaker-than-expected results for the fourth quarter, after the closing bell on Friday. The company reported quarterly losses of $1.86 per share, which missed the analyst …

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Economist Mohamed A. El-Erian highlighted escalating global risks stemming from a potential “blockade of the blockade” in the Strait of Hormuz, as tensions between the U.S. and Iran threaten to disrupt critical energy flows.

Iran Faces Revenue Hit

El-Erian, on the social media platform …

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The PNC Financial Services Group, Inc. (NYSE:PNC) will release earnings for its first quarter before the opening bell on Wednesday, April 15.

Analysts expect the Pittsburgh, Pennsylvania-based company to report quarterly earnings of $3.93 per share. That’s up from $3.51 per share in the year-ago period. The consensus estimate for PNC Financial’s quarterly revenue is $6.21 billion (it reported $5.45 billion last year), according to Benzinga Pro.

On April 2, PNC declared a quarterly dividend of $1.70 per share.

Shares of PNC Financial fell 0.9% to close at $221.13 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

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A leading cryptocurrency analyst noted on Sunday a significant uptick in the odds of Dogecoin (CRYPTO: DOGE) delivering a 30% breakout move.

Will DOGE Finally See A Sharp Move?

Ali Martinez took to X, highlighting a descending triangle formation on Dogecoin’s 4-hour chart. 

“As Dogecoin moves closer to the apex of this triangle, the chances of a 30% move increase substantially,” Martinez added. They didn’t explicitly indicate the swing’s direction—upward or downward.

Assuming a 30% rally, DOGE would reach $0.11, revisiting early February levels.

This wasn’t Martinez’s first hint at such a scenario. They have consistently leaned on this analysis to back a sharp move for DOGE.

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Brazilian stocks have been among the top performers in 2026, driven by a strengthening Brazilian Real. Karel Mercx, an investment specialist from Amsterdam, said on X, “I have been saying it for years: Brazil’s central bank is the most responsible central bank in the world, and that is good for investors.”

Brazil’s stock market (Bovespa) reached a new all-time high as of April 10, 2026, amid optimism over easing tensions in the Middle East and strong gains in the utilities, financial, and energy sectors. Investors have been rotating back into Brazilian large- and mid-cap stocks, as strengthening currency makes Brazilian stocks more attractive to global investors. The …

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Despite peace talks falling apart this weekend, cryptocurrency punters don’t see high chances of the two-week U.S.–Iran ceasefire ending just yet.

Will The Ceasefire Extend?

Polygon (CRYPTO: POL)-based Polymarket assigned a 42% possibility that the temporary ceasefire would end on April 21, exactly 14 days after President Donald Trump announced it. The odds have increased by six percentage points over the week.

The likelihood of the ceasefire ending by April 18, before the full two-week duration, was estimated at 30%.

More than $2 million has been wagered on the outcome, and the market will resolve to “Yes” if …

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Tesla Inc. (NASDAQ:TSLA) artificial intelligence chief Ashok Elluswamy has hinted that Full Self-Driving technology could become available in other parts of Europe following its approval by the Netherlands Vehicle Authority (RDW).

FSD Expansion?

Responding to a post by influencer Whole Mars Catalog, who predicted that the FSD system would receive approval from multiple countries, Elluswamy shared his view. “The European regulation is followed by a lot more countries than just the ones in EU,” he said, hinting at a possible expansion of the technology to territories outside of the bloc.

EU vehicle safety standards are recognized and/or followed by all members of the trade bloc, as well as by all 56 member …

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Tron (CRYPTO: TRX) founder Justin Sun alleged on Sunday an ongoing “token scandal” at the Trump family-backed World Liberty Financial (WLFI) platform, which enables unilateral freezing of user assets.

Sun Alleges Major Misconduct At WLFI

Sun claimed on X that the company has embedded a “backdoor blacklisting function” in its smart contract.

“This function gives the Company unilateral power to freeze, restrict, and effectively confiscate the property rights of any token holder, without notice, without cause, and without recourse,” the cryptocurrency billionaire added.

As a major early investor whose wallet was blacklisted last year, Sun called himself the “first and single largest victim” of the scandal.

“These actions have nothing to do with me. They have nothing to do …

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Some of Japan’s biggest names, including SoftBank Corp (OTC:SFTBY), NEC Corp (OTC:NECPY), Honda Motor Co (OTC:HNDAF) and Sony Group Corp. (OTC:SNEJF) have established a new company focused on large-scale artificial intelligence for domestic businesses, according to a report seen on Sunday.

Why It Matters

The initiative was taken to narrow the gap with U.S. and Chinese AI leaders, with expected backing from the Japanese government, according to a report by Japan Today. The group will initially roll out the model to domestic firms, with plans to expand into factory robotics and other applications.

The venture is expected …

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Leading cryptocurrencies slid alongside stock futures on Sunday evening after the peace talks between the U.S. and Iran collapsed.

Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:15 p.m. EDT)
Bitcoin (CRYPTO: BTC) -2.67% $71,134.24
Ethereum (CRYPTO: ETH)
               		 -3.53% $2,204.32
XRP (CRYPTO: XRP)                          -1.89% $1.32
Solana (CRYPTO: SOL)                          -3.31% $82.08
Dogecoin (CRYPTO: DOGE)              -1.97% $0.09136

Crypto Market Bleeds

Bitcoin slid below $71,000, accompanied by a 33% jump in 24-hour trading volume. Ethereum also encountered selling pressure, sliding below $2,200, while XRP and Dogecoin traded in the red.

Over $280 million was liquidated in the past 24 hours, predominantly bullish long positions,  according to Coinglass data.

Open interest in Bitcoin futures fell 5.76% in the last 24 hours. However, retail and whale derivatives traders on Binance continued to be long BTC as of this writing.

“Extreme Fear” sentiment dominated the market, according to the Crypto Fear & Greed Index.

Top Gainers (24 Hours) 

Cryptocurrency (Market Cap>$1 B) Gains +/- Price (Recorded at 9:15 p.m. EDT)
RaveDAO (RAVE)       +186.34%     $6.04
MemeCore (M)                  +4.25%     $2.86
BUILDon (B)            +1.75%     $0.007961

The global cryptocurrency market …

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Changpeng “CZ” Zhao, founder of the world’s largest cryptocurrency trading platform Binance (CRYPTO: BNB), once said that owning your chosen tasks and taking full responsibility is a “prerequisite” for success.

CZ Stress On Having Real Purpose In Life

In October 2022, CZ shared a set of “principles” he follows, including one about owning one’s work.

“The right mentality is a prerequisite to success in life. Be responsible and be proud of what you do,” he stated.

CZ warned against grinding on tasks without a real purpose. He drew on the classic tale about walls and cathedrals to make his …

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This week was a whirlwind of activity in the cryptocurrency world. From Anthony Pompliano’s bullish stance on Bitcoin to the potential revelation of Satoshi Nakamoto’s identity, there was no shortage of intriguing developments.

Let’s dive into the top stories that shaped the crypto landscape over the weekend.

Bitcoin’s ‘True Product-Market Fit’

Anthony Pompliano, in his recent podcast, expressed his belief that Bitcoin is showing a “true product-market fit”. He cited the growing interest from traditional finance and geopolitical actors as evidence. Pompliano also highlighted the launch of a low-fee Bitcoin exchange-traded fund by Morgan Stanley as a sign of increasing institutional adoption. He further mentioned reports of Iran considering a transit tax arrangement potentially settled in Bitcoin.

Read the full article here.

Satoshi Nakamoto’s Identity Revealed?

A recent report has drawn parallels between the early work in …

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On Saturday, Anthony Scaramucci used a post on X to describe the whiplash of holding Bitcoin through a run-up to $126,000 and a drop to $72,000, arguing the coin itself is unchanged even as emotions swing with the quote. The comments fit his broader view of bear phases laid out in bear market dynamics, where he has said downturns tend to drag on until investors are drained rather than simply scared.

In the post, he wrote that he held the same single bitcoin before a rally and through a bear stretch, but experienced completely different reactions as the price moved. He added that the asset didn’t change while the market price did, ending the message with a confident line about momentum continuing.

Scaramucci has also described bear markets as marathons that end when participants run out of stamina, not when fear finally fades. In that framing, he has argued the bleakest sentiment often shows investors are positioned too lightly for a reversal.

Why Bitcoin’s Price Volatility Matters Now

That emotional gap between …

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Weak macro signals, rising AI competition, and analyst downgrades triggered a broad sell-off across software and cloud names.

Despite product launches and strategic moves, stocks like Akamai, Okta, HubSpot, and Snowflake saw sharp weekly declines.

These ten large-cap stocks were worst performers last week. Are they a part of your portfolio?

Akamai Technologies, Inc. (NASDAQ:AKAM) fell 22.03% this week. Piper Sandler analyst James Fish maintains a Neutral rating, raising the price forecast from $97 to $114.

Okta, Inc. (NASDAQ:OKTA) lost 21.55% this week.

HubSpot, Inc. (NYSE:HUBS) decreased 21.67% this week. The company will host a Spring 2026 Spotlight Investor Webinar on Wednesday, …

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Gerber Kawasaki Wealth & Investment Management CEO Ross Gerber warned on Friday that the inflation trough for the current cycle has already passed, arguing that prices are now headed higher as tariffs and war push living costs up. His view echoes hard to be optimistic about markets when inflation is still acting as a brake on both stocks and bonds.

In the X post, Gerber wrote that the cost of living is climbing quickly, pointing to two forces he called “wildly inflationary”: tariffs and war. He also argued that, once inflation momentum builds, reversing it can be difficult.

That inflation-first framing also connects to his broader market stance that risk appetite is harder to justify when sellers are taking control and the tape looks heavier on the downside. Last month, in …

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AI and data center momentum powered a sharp rally across tech and infrastructure names, with several stocks posting outsized weekly gains.

Short squeezes, major AI deals, and hyperscaler demand drove the surge, highlighting strong investor appetite for next-gen computing plays.

These ten large-cap stocks were top performers last week. Are they a part of your portfolio?

Avis Budget Group, Inc. (NASDAQ:CAR) jumped 51.15% in the last week following an overheated short squeeze run that pushed the stock into record territory.

Applied Optoelectronics, Inc. (NASDAQ:AAOI) gained 37.18% this week. The company announced it received a new $71 million order for 800G single-mode data center transceivers from one of its major hyperscale customers. Citron shorts Applied Optoelectronics, calling its rally overhyped despite staying bullish on fiber player Corning.

Nebius Group …

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It’s been a busy weekend for Apple Inc. (NASDAQ:AAPL). Here’s a quick recap of the major stories that emerged over the weekend.

Apple TV Lands On Amazon Prime Video

Apple TV has made its way to Amazon (NASDAQ:AMZN) Prime Video in the U.S. This move allows Prime members to subscribe to Apple TV as an add-on service for $9.99 per month. This brings Apple’s original movies, live sports, and shows into Amazon’s ecosystem. Apple will make its Apple TV service available directly inside Prime Video, eliminating the need for separate applications or cable services. 

Read the full article here.

Samsung Stumbles, Apple Soars

Global smartphone shipments fell 6% year over year in the first quarter of 2026, with a memory crunch and soft demand …

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The week was filled with significant developments, from the revelation of the driving force behind the recent inflation surge to a dire warning about the U.S. debt crisis. Here’s a roundup of the top stories that unfolded over the week.

Federal Reserve Research Confirms Trump Tariffs Drove Excess Inflation In 2025

A new study by the Federal Reserve has attributed the recent spike in core goods inflation to the sweeping U.S. tariffs imposed in 2025 by President Donald Trump. The tariffs led to a direct increase in consumer prices.

The research, detailed in an April 8 FEDS Note by economists Robert Minton, Madeleine Ray and Mariano Somale, suggests that the tariffs implemented through November 2025 caused a significant 3.1% rise in core goods personal consumption expenditure (PCE) prices by February 2026.

Read the full article here.

This Wall Street Research Firm Sent Its Analyst Into Strait Of Hormuz By Speedboat

While the world’s top oil traders were busy analyzing satellite images and Pentagon briefings to understand the Strait of Hormuz‘s situation, …

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The Future Fund’s managing partner, Gary Black, said on Saturday that Tesla Inc.’s (NASDAQ:TSLA) rumored sub-$30,000 electric vehicle from the Elon Musk-led company could have a “huge upside”, but warned that the EV giant lacks the marketing muscle needed to capitalize on it.

What’s Driving The Model Q Revival?

On Saturday, Black, a well-known Tesla investor, took to X to express his views on the potential reintroduction of Tesla’s below $30,000 Model Q compact car. Black suggested that the reemergence of the Model Q could be due to challenges in achieving Musk’s autonomous vehicle goals or a realization that canceling the car was a mistake.

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Anthropic launched Claude for Word, a new add-in for Microsoft Corp.’s (NASDAQ:MSFT) Office suite. The Claude for Word add-in is currently in beta for Team and Enterprise plan subscribers, completing the AI assistant’s presence across Word, Excel, and PowerPoint.

The newly launched tool challenges Microsoft’s software dominance on its own turf, whose shares are down nearly 22% year to date. Anthropic launched Claude for Excel in beta in October and Claude for PowerPoint in February.

Designed for “professionals who work extensively with documents, particularly in legal review, financial memo drafting, and iterative editing,” the tool reads complex multi-section documents, works through comment threads, and edits clauses while preserving formatting, numbering, and styles, the AI startup stated.

The launch comes as AI’s role in legal work draws increasing scrutiny, with Chief Justice John Roberts warning the technology could …

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U.S. officials reportedly warned major banks about a powerful new artificial intelligence system that could expose critical cybersecurity weaknesses.

The alert came during a closed-door meeting involving top regulators and banking executives in Washington, The New York Times reports, raising concerns about emerging AI-driven threats.

Government Officials Flag Rising AI Risks

Treasury Secretary Scott Bessent addressed leaders from major banks earlier this week. The meeting included executives from Bank of America Corporation (NYSE:BAC), Citigroup, Inc. (NYSE:C), and Wells Fargo & Company (NYSE:WFC).

Federal Reserve Chair Jerome H. Powell also attended the discussion. Officials focused on growing cyber risks tied to advanced artificial intelligence systems.

Authorities warned that new AI models could uncover …

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Lockheed Martin (NYSE:LMT) on Friday celebrated a significant milestone with the successful splashdown of the Orion spacecraft, which marked the completion of NASA’s Artemis II mission.

This achievement is pivotal for future lunar exploration, as it demonstrates Orion’s capabilities in safely carrying astronauts beyond low-Earth orbit, while the broader market experienced mixed results, with the S&P 500 gaining slightly.

The Orion spacecraft, built by Lockheed Martin, successfully returned astronauts after a 10-day mission that took them thousands of miles beyond the Moon. This mission not only validated Orion’s performance but also sets the stage for future Artemis missions aimed at returning humans to the lunar surface.

Technical Analysis

At $616.00, the stock is trading 1.6% below its 20-day simple moving average (SMA) of $625.18, suggesting a short-term bearish trend. It is also 3.5% below its 50-day SMA of $637.93, indicating continued selling pressure in the intermediate term. However, the stock is trading 8.1% above its 100-day SMA of $569.34, which reflects stronger long-term momentum.

The relative strength index (RSI) currently sits at 43.86, indicating a neutral momentum phase, suggesting that the stock is neither overbought nor oversold at this time. The moving average convergence divergence (MACD) shows a bearish trend, with …

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Retail investors talked up five hot stocks this week (April 6 to April 10) on X and Reddit’s r/WallStreetBets, driven by retail hype, Iran war, earnings, AI buzz, and corporate news flow.

Amazon.com Inc. (NASDAQ:AMZN), Meta Platforms Inc. (NASDAQ:META), Levi Strauss & Co. (NYSE:LEVI), Palantir Technologies Inc. (NASDAQ:PLTR), and Tesla Inc. (NASDAQ:TSLA), cloud, semiconductors, social media, apparel, cybersecurity, AI, and automotive, reflected diverse investor interests.

Amazon.com

  • AMZN saw strong retail and investor attention centered on AI and AWS momentum. CEO Andy Jassy‘s annual shareholder letter, released this week, highlighted robust AI services growth at AWS, plans to sell custom AI chips to third parties, and a major $25 billion data center investment in Mississippi, driving a roughly 5-6% stock surge on April 9. Additional highlights included advanced talks to acquire satellite operator Globalstar to boost Project Kuiper. Citron Research set a price target of $300 o the stock, eyeing a 28% upside in the stock price.
  • Some retail investors were “finally” celebrating the upside in AMZN’s stock price after the positive news flow.
A comment on r/WallStreetBets subreddit.
Source: Reddit
  • The stock had a 52-week range of $165.29 to $258.60, trading around $232 to $235per share, as of the publication of this article. It rose 22.27% over the year, also advanced by 2.60% and 1.23% over the last six months and year-to-date, respectively.
  • AMZN had a weaker price trend in the medium term but a strong trend in the short and long term, with a moderate value ranking, as per Benzinga’s Edge Stock Rankings.

Meta Platforms

  • META generated significant buzz around its AI push, with the launch of Muse Spark—the first model from its Meta Superintelligence Labs—described as a multimodal, multi-agent LLM designed to outperform prior efforts and integrate across Facebook, Instagram, WhatsApp, Messenger, and AI glasses. This, alongside a major $21 billion expanded cloud compute deal with CoreWeave Inc.

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Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.

Markets rebounded this week as easing geopolitical tensions triggered a sharp reversal in energy prices, lifting investor sentiment after weeks of volatility. The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all advanced as a fragile Iran ceasefire helped calm fears of prolonged supply disruptions, pushing equities higher and driving a broad relief rally across sectors. The shift marked a notable turnaround from prior weeks dominated by oil-driven inflation concerns and risk-off positioning.

Energy markets led the reversal, with crude prices posting one of their steepest weekly declines in years following the ceasefire announcement. Oil fell sharply after earlier surging above $100 per barrel, easing pressure on inflation expectations and allowing bond yields to retreat. The drop in energy prices helped revive hopes for potential Federal Reserve rate cuts, fueling gains in rate-sensitive sectors such as housing, financials and growth stocks that had been under pressure during the oil spike.

Despite the rebound, underlying economic concerns remain, with inflation still elevated and consumer sentiment near record lows following the recent energy shock. While the ceasefire has provided short-term relief, analysts warn that lingering supply disruptions and geopolitical uncertainty could keep markets volatile. Investors are now balancing improving sentiment against persistent macro risks, suggesting that the recent rally may depend heavily on sustained stability in energy markets and further clarity on monetary policy.

Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week’s most bullish and bearish posts that are worth another look.

The Bulls

“Broadcom Stock Climbs On New Deals With Google, Anthropic,” by Erica Kollmann, reports that Broadcom Inc. (NASDAQ:AVGO) shares moved higher after the company disclosed expanded AI partnerships with Alphabet Inc. …

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Founder and former CEO of Binance (CRYPTO: BNB) Changpeng Zhao, popularly known as “CZ,” said that “right now the crypto industry is too transparent,” warning that blockchain’s public ledger combined with exchange KYC data makes tracking user transactions alarmingly easy, while most regulators have yet to catch up on how to use it.

“It’s actually extremely easy to track crypto funds. The blockchain is a public ledger, and if you couple that with a few centralized exchanges’ KYC information, you can track most transactions pretty accurately,” Zhao said Friday on TBPN.

A Privacy Problem, Not Just A Feature

CZ illustrated the risk with a plain example: if a company pays staff in Bitcoin (CRYPTO: BTC), anyone can trace that wallet address and determine every employee’s salary. Similarly, paying for a …

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Venture capitalist Jason Calacanis said that killing OpenClaw is “the number one goal” in the large language model space, pointing to a growing list of competitors independently racing to displace the open-source coding agent.

OpenClaw is a local-first autonomous AI agent that automates complex and multi-step tasks. It manages calendars, emails and browser actions across platforms such as WhatsApp, Telegram and Slack, and runs directly on a user’s device.

Industry Lines Up Against Open-Source Rival

Speaking on the All-In podcast released Friday, the prominent Silicon Valley angel investor alleged that Claude-parent Anthropic restricted OpenClaw users from applying their $200-per-month Claude subscription to the tool, requiring them to switch to pay-per-token API pricing, and then launched a competing managed agent product within roughly 10 …

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On Friday, Wall Street’s sharp rally following a temporary truce between Iran and the U.S. prompted caution from Jim Cramer, who warned that investors may be getting ahead of themselves.

Market Rally Fueled By Ceasefire Optimism

Stocks surged this week after Donald Trump announced a two-week pause in strikes on Iran, easing geopolitical tensions that had weighed on equities since early March.

The S&P 500 rose 3.6% for the week, while the Nasdaq Composite and Dow Jones Industrial Average gained 4.7% and 3%, respectively, marking their best weekly performance since November.

On CNBC, Cramer said the market rebounded after being oversold, noting, “We had a buying explosion when we got wind of a truce.”

Cramer Warns Of ‘Overconfidence’ Amid Ongoing Risks

Despite the rally, Cramer …

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International Business Machines Corp. (NYSE:IBM) agreed to pay $17.07 million to settle federal allegations of illegal diversity, equity and inclusion (DEI) hiring practices on Friday, marking the Justice Department’s first False Claims Act resolution under its Civil Rights Fraud Initiative.

IBM Settles Federal DEI Allegations

The Department of Justice (DOJ) alleged IBM falsely certified compliance with federal anti-discrimination requirements while knowingly maintaining race- and sex-based hiring and promotion practices.

Acting Attorney General Todd Blanche said in the official press release, “Racial discrimination is illegal, and government contractors cannot evade the law by repackaging it as DEI.”

An IBM spokesperson told CNN the company’s workforce strategy is driven by “having the right people with the right skills.” The settlement is neither an admission of liability by IBM nor a concession by the U.S. that its claims are not well-founded.

IBM did not immediately respond to Benzinga‘s request for comment.

The settlement marks …

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Jensen Huang, CEO of Nvidia Corp. (NASDAQ:NVDA), urged people to move to California despite the state’s high taxes on Thursday, a stance that contrasts with the recent exodus of billionaires from the state.

Huang Swims Against the Billionaire Tide

“I say to everybody, ‘Move to California. Don’t leave. It’s the highest taxes in the world, but it’s OK,’” Huang said at Stanford Graduate School of Business alongside Rep. Ro Khanna (D-Calif.).

“The weather is great,” Huang added.

Huang’s remarks put him at odds with a growing wave of ultra-high-net-worth individuals leaving California and signal that the state’s most prominent tech leaders remain divided over whether its tax climate poses an existential threat to Silicon Valley’s dominance—a debate with significant implications for innovation, capital formation, and the broader U.S. technology sector.

Comments from one of the world’s 10th-richest people come at a time when several high-profile billionaires, …

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Investment firm Tiger Global Management has quietly backed PopUp Bagels, reportedly taking the viral NYC chain’s valuation to a five-fold surge in just five months.

The late-March investment values the chain at $300 million, according to a Bloomberg report published on Friday.

Pop Up Bagels and Tiger Global did not immediately respond to Benzinga‘s requests for comment.

Tiger Global’s Selective Comeback

Tiger Global made its name backing high-growth technology companies such as Meta Platforms Inc (NASDAQ:META). After pulling back from aggressive venture bets following the 2022 tech downturn that saw its portfolio drop over …

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Oaktree Capital Management CEO Howard Marks said that some direct lending managers “accepted too much money and invested it too fast, applying standards that were too low and setting the scene for a correction.”

He added that the massive amounts of capital that had previously been available in direct lending created a “goldrush mentality,” in a memo entitled “What’s Going on in Private Credit?” 

In the last 15 years, direct lending has surged to $2 trillion, while just two decades ago the whole private credit market stood at only about $150 billion, Marks pointed out.

“In the last several months, the tide has begun to go out for direct lending (generalized to all of private credit by those who don’t make fine distinctions). To paraphrase Buffett, this created the possibility that some bare bottoms would be exposed,” Marks said.

The CEO added that the bankruptcies of First Brands and Tricolor took investors by surprise last year, sparking concerns about how publicly traded vehicles for direct lending were structured. In particular, questions arose over the methods used to value their private debt holdings.

“It’s usually the case that if a confluence of troubling events builds up, a critical mass can eventually be reached, rendering …

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Canada-based Cohere and Germany-based Aleph Alpha are in discussions regarding a potential merger.

Merger talks began earlier this year and are now understood to be in the advanced stages. The company’s plan for the new entity to be headquartered in both countries, Handelsblatt (newspaper) and Reuters reported.

• Invesco QQQ Trust, Series 1 stock is showing positive momentum. What’s ahead for QQQ stock?

Both Cohere and Aleph Alpha are understood to have the support of Berlin on the deal, as the German government would be interested in becoming a “key customer” of the combined company.

German Digital Minister Karsten Wildberger told Handelsblatt that both Germany and Canada are working together closely in the digital space and that leading AI companies joining together …

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Many global markets have enjoyed multiple years of double-digit growth as innovations in artificial intelligence have sent high-tech stocks soaring, but has the recent return of geopolitical uncertainty created a significant headwind in 2026? 

Between the launch of OpenAI’s ChatGPT in November 2022 and the end of 2025, the S&P 500 rallied 70%, helping investors significantly grow their portfolios. Global markets have also soared in recent years, with the FTSE 100 growing 21% in 2025 and China’s Hang Seng index recording growth of 27.8%. 

However, much of this growth occurred after widespread investor sell-offs in a high-inflation environment caused by the post-pandemic recovery and the economic shock of Russia’s invasion of Ukraine. Now, as geopolitical headwinds continue to grow in the Middle East, could investors be set for a return of high inflation and weaker growth? 

Geopolitical Uncertainty and Inflation

The conflict in Iran has created significant challenges in the Federal Reserve’s ambitions to bring inflation back towards its 2% target. Following the closure of the Strait of Hormuz, a busy shipping lane that accounts for around 20% of global oil flows, the soaring cost of oil, which has reached highs of $167 per barrel, has created significant energy pricing pressures. 

While a tentative ceasefire appears to have been reached, the impact of the closure and lingering geopolitical pressures is likely to place inflation under the microscope for the months ahead. 

As escalations in Iran continued, the Organization for Economic Cooperation and Development forecasted all-items inflation in the US to reach 4.2% for 2026, a level that could inspire a hawkish reversion for the Fed’s monetary outlook.

The impact of high inflation on markets is strong because it can not only cause widespread fear among investors but is more likely to lead to interest rate hikes that can harm the growth prospects of companies.

“When inflation gets out of control, things can get …

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Bryn Talkington, managing partner at Requisite Capital Management, told CNBC on Friday that Copilot “feels like Teams. You just don’t want to use it.” She said her firm is taking out Copilot and putting in Claude instead.

The comment lands as Microsoft Corporation (NASDAQ:MSFT) CEO Satya Nadella is running a “Copilot code red” internally to overhaul Copilot, ahead of the E7 suite launch on May 1.

Copilot had 6 million daily active users in March, well behind Claude’s 9 million and ChatGPT’s 440 million, according to Sensor Tower data.

Talkington still owns Microsoft but said the stock’s next move comes down to Azure.

She wants to see 38-39% year-over-year cloud growth on the April 29 earnings report and warned anything below 37% may send shares lower.

She said she still prefers Alphabet Inc. (NASDAQ:GOOGL) over Microsoft, arguing Google Cloud is likely to outperform again this quarter.

SaaS Repricing Creates An …

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TORONTO, April 10, 2026 /CNW/ — abrdn Asia-Pacific Income Fund VCC (TSX:FAP) (UEN: T21VC0235H) (the “Company”), a closed-end investment company trading on the Toronto Stock Exchange, announced today that it will pay a monthly distribution of CAD 1.75 cents per share on April 30, 2026 to all shareholders of record as of April 22, 2026 (ex-dividend date April 22, 2026).

The policy of the Company’s Board of Directors is to maintain stable monthly distribution. For the 12 months to March 31, 2026, the Company has paid total distributions amounting to CAD 21.0 cents per ordinary share.

As a Singapore domiciled company, all distribution payments will be treated as foreign income for Canadian income tax purposes. Shareholders with registered addresses in Canada will receive distributions in Canadian dollars unless they have elected otherwise. 

The Company’s estimated sources of the current fiscal year to date distributions are as follows:

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Bitcoin has climbed back above $73,000 amid a broader consolidation phase for digital assets.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $73,182
Ethereum (CRYPTO: ETH) $2,253
Solana (CRYPTO: SOL) $85.44
XRP (CRYPTO: XRP) $1.35
Dogecoin (CRYPTO: DOGE) $0.09519
Shiba Inu (CRYPTO: SHIB) $0.055973

Notable Statistics:

  • Coinglass data shows 125,458 traders were liquidated in the past 24 hours for $279.33 million.       
  • SoSoValue data shows net inflows of $343.3 million from spot Bitcoin ETFs on Thursday. Spot Ethereum ETFs saw net inflows of $85.2 million.
  • In the past 24 hours, top gainers include Dash, DeXe and Zcash.

Notable Developments:

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ServiceNow Inc. (NYSE:NOW) stock is on track for its worst week in a decade, tumbling 19% and cementing its spot as the S&P 500’s worst performer over the period. 

The slide marks NOW’s steepest weekly drop since 2016 and represents a sharp reversal for a stock that investors had treated as a high‑quality way to play digital transformation and enterprise AI.

NOW Sells Off 

The selloff has been driven by a sharp de‑rating of high‑multiple software companies amid worries that AI could compress pricing power across traditional SaaS. 

Meta Platforms (NASDAQ:META) and Anthropic each announced new models and Michael Burry chimed in with more bearish commentary pointed at Palantir Technologies (NASDAQ:PLTR) specifically, but that could be applied to …

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TD Cowen slashed its Strategy (NASDAQ:MSTR) price target 20.5% to $350 from $440 while launching buy ratings on four crypto treasury firms as Bitcoin (CRYPTO: BTC) tapped $73,000 on Friday.

The Strategy Cut

Analysts Lance Vitanza and Jonathan Navarrete attributed the revised target to a “lower bitcoin price deck” and a reduction in the valuation multiple applied to the company’s projected bitcoin gains, The Block reported on Friday.

The analysts project Strategy’s “BTC gain” at $7.87 billion for fiscal year 2026, down from $10.17 billion in 2025. Strategy holds 766,970 BTC acquired at an average price of $75,700 per BTC.

TD Cowen’s base case assumes Bitcoin reaches $140,000 by December 2026, with the company acquiring about $5 billion in Bitcoin per quarter.

The Four Buy Initiations

TD Cowen initiated coverage of what it called a nascent industry sector, arguing that public Bitcoin and Ethereum

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In agriculture, the equation has long been simple: more inputs, more output. But new “field data” is starting to challenge that assumption, as revealed by Pivot Bio‘s CTO, Travis Frey, in an exclusive email interview with Benzinga.

According to Frey, growers using the company’s PROVEN® G3 replaced an average of 33 pounds of synthetic nitrogen per acre—while still seeing a 2.1 bushel-per-acre yield advantage.

It’s a result that runs counter to conventional thinking, where reducing fertilizer typically risks lower yields.

‘Field Results’ Over Theory

Frey points to real-world …

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Ares Management (NYSE:ARES) is planning to launch a flagship U.S. direct lending fund that will target approximately $20 billion.

While plans are still in the early stages and details regarding the fund launch could change, Ares is understood to be holding initial conversations with investors about the fund. The fund is set to launch in the summer, unnamed sources told Bloomberg.

Despite the broader slowdown in the private credit market, several asset managers have demonstrated that investor demand for private credit assets remains resilient.

Blackstone recently secured more than $10 billion from its opportunistic credit vehicle, Blackstone Capital Opportunities Fund V, reaching its hardcap after being oversubscribed.

Meanwhile, Goldman Sachs (NYSE:GS) revealed that it was launching a new mezzanine debt fund. GS Mezzanine Partners IX, is expected …

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OpenAI is supporting an Illinois Senate Bill that would limit when artificial intelligence developers can be held accountable for extreme incidents labeled as “critical harms.”

The bill SB3444, entitled the Artificial Intelligence Safety Act, states that “a developer of a frontier artificial intelligence model shall not be held liable for critical harms caused by the frontier model if the developer did not intentionally or recklessly cause the critical harms and the developer publishes a safety and security protocol and transparency report on its website.”

The bill defines “critical harms” as the death or serious injury of 100 or more people or at least $1 billion in property damage, or the creation or use of chemical, biological, radiological, or nuclear weapons.

This coverage would apply to any system built on more than $100 million in compute, meaning AI developers such as …

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Belgium may not be Europe’s fastest-growing market in 2026, but it could still stand out for investors looking for quality names with defensive earnings and international exposure.

The country’s economy is expected to remain steady next year, with the European Commission forecasting 1.1% GDP growth in 2026, up slightly from 1.0% in 2025. The OECD also expects 1.1% growth and sees inflation moving below 2%.

That may not be enough to support a broad-based market rerating, but it could support select Belgian names in biopharma, insurance, and diversified financials.

Why It Matters

Belgium’s investment case in 2026 looks less like a macro growth story and more like a quality stock story.

Unlike higher beta European markets, Belgium is not entering the year as a sharp recovery trade. Instead, it remains a relatively stable economy where modest growth and easing inflation can support companies with:

  • Strong pricing power
  • Defensive earnings
  • Global revenue exposure
  • Stable capital returns

That is especially relevant in sectors where Belgian companies already have strong market positions, including pharmaceuticals, insurance, specialty chemicals and financial services.

Belgium’s Macro Backdrop Looks Stable, Not Exciting

Belgium is expected to remain one of Europe’s steadier developed markets in 2026.

Growth is projected at 1.1%, with domestic demand supported by wage indexation, public spending, and resilient services activity. Exports could also improve gradually as cost competitiveness stabilizes.

Inflation easing below 2% could help improve real household income and margin visibility across several sectors.

Still, Belgium’s macro setup is not the main reason investors may look at the market.

The bigger story is that many of Belgium’s listed companies generate a large share of their …

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Roblox (NYSE:RBLX) on Friday announced the launch of Roblox Plus, a new subscription plan for enhancing user experience and providing additional revenue opportunities for creators.

The stock’s decline comes as the broader market is experiencing mixed performance, with the S&P 500 down slightly while the Technology sector shows a modest gain of 0.32%, adding pressure as broader markets edged lower.

Roblox said in a release that Roblox Plus is set to launch on April 30, 2026, at a price of $4.99 per month.

This company added that its initiative is designed to support creators by ensuring they maintain their earnings while expanding monetization opportunities.

The broader market is experiencing mixed performance, with the Technology sector currently up 0.32%. Roblox’s decline contrasts with the sector’s strength, suggesting company-specific factors may be influencing its stock performance.

Technical Analysis

At $54.60, the stock is trading 2.7% below its 20-day simple moving average (SMA) of $56.43, indicating short-term weakness. Additionally, it is 11.8% below its 50-day SMA of $62.25, suggesting continued bearish momentum in the intermediate term.

The relative strength index …

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Advanced Micro Devices Inc. (NASDAQ:AMD) shares are trading higher Friday morning. The rally follows impressive sales data from a key partner.

The Nasdaq is up 0.05% while the S&P 500 has shed 0.07%.

TSMC Revenue Boosts Chip Sector

Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) reported a 35.1% year-over-year revenue increase for the first quarter. Sales reached approximately $35.6 billion. This performance exceeded analyst estimates of $35.2 billion.

AI Demand Remains Resilient

The rising tide effect is lifting the semiconductor …

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U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite gaining around 50 points on Friday.

The Dow traded down 0.57% to 47,912.40 while the NASDAQ rose 0.22% to 22,872.73. The S&P 500 also fell, dropping, 0.16% to 6,813.62.

Leading and Lagging Sectors

Information technology shares climbed by 1.2% on Friday.

In trading on Friday, consumer staples stocks fell by 1.2%.

Top Headline

The annual inflation rate in the U.S. surged to 3.3% in March, recording the highest reading since May 2024 and following 2.4% in both February and January.

Equities Trading UP
           

  • Zentalis Pharmaceuticals Inc (NASDAQ:ZNTL) shares shot up 41% to $6.25. Guggenheim analyst Michael Schmidt maintained Zentalis Pharmaceuticals with a Buy and raised the price target from $6 to $10.
  • Shares of CoreWeave Inc (NASDAQ:CRWV) got a boost, surging 13% to $103.55 following reports suggesting that Anthropic agreed to rent the company’s computing …

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Broadcom Inc. (NASDAQ:AVGO) shares are up on Friday. The up move follows a landmark AI infrastructure partnership involving Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) and Anthropic.

On Friday, the Nasdaq was up 0.25% while the S&P 500 had shed 0.18% as of the last check.

Landmark AI Partnership

The surge stems from a long-term agreement to secure multiple gigawatts of next-generation Tensor Processing Unit (TPU) capacity. This infrastructure will power Anthropic’s frontier Claude models. Broadcom plays a critical role in designing Google’s TPUs.

This deal aims to strengthen U.S. AI infrastructure and meet surging global demand.

Anthropic Revenue Explosions

Anthropic’s financial growth provides a …

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PMGC Holdings Inc. (NASDAQ:ELAB) shares faced downward pressure Friday. The stock dropped roughly 3.42% to $5.08 by midday. This move follows a week of fluctuations and massive sell-offs.

The Nasdaq is up 0.06% while the S&P 500 has shed 0.09%.

• PMGC Holdings stock is feeling bearish pressure. Why is ELAB stock falling?

Equity Financing Facility Fully Utilized

The selling pressure intensified after the biopharmaceutical company confirmed it fully used its $20 million equity financing facility. PMGC utilized the full commitment under its purchase facility with Streeterville Capital, LLC. While this provides capital, it often sparks fears of increased share supply among retail traders.

Defense Contract …

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Thomas Peterffy, the billionaire founder of Interactive Brokers (NASDAQ:IBKR) told Bloomberg’s Odd Lots podcast that insider trading laws should be abolished across all markets.

The timing is notable.

The White House just warned its own staff that prediction market insider trading is a criminal offense, and the CFTC has declared it a top enforcement priority. Peterffy is arguing in the opposite direction.

He Learned The Hard Way

In 1977, Peterffy was a new options trader on the American Stock Exchange floor with $200,000 in saved capital.

He sold 200 near-expiration call options at $0.375 each after getting caught up in a flurry of unusual order flow.

Trading halted 30 minutes later. DuPont announced …

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Ethereum (CRYPTO: ETH) outperformed Bitcoin (CRYPTO: BTC) over the past month, supported by rising network activity, capital inflows and strengthening ecosystem fundamentals.

Network Activity Reaches Record High

CryptoQuant data shows Ethereum’s network activity has reached an all-time high, with the seven-day average of total transfers surpassing 1.3 million.

The surge reflects increased usage across decentralized finance, Layer-2 networks and smart contract applications, signaling strong adoption beyond simple holding.

Despite this growth, Ethereum is trading well below previous highs. …

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Wrap Technologies, Inc. (NASDAQ:WRAP) said Friday it secured a pre-order for more than 20 MERLIN-1 counter-drone systems from Advanced Blast & Ballistic Systems Group for the U.K. market, marking a key step in its European expansion.

The non-lethal platform targets hostile drones mid-flight, while the deal supports testing, demonstrations, and broader market entry ahead of expected commercialization in 2026.

The public safety technology and services company said agencies, critical infrastructure operators, and security stakeholders can use the platform to deliver scalable responses to evolving drone threats.

Technical Analysis

At $1.50, WRAP is trading 2.8% …

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Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell called the CEOs of every major systemically important U.S. bank to Treasury headquarters on Tuesday to warn them about cybersecurity risks from Anthropic’s Claude Mythos model,

Bloomberg reported on Thursday that Citigroup Inc (NYSE:C), Morgan Stanley (NYSE:MS), Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC), and Goldman Sachs Group Inc (NYSE:GS) all sent their chief executives. JPMorgan Chase & Co (NYSE:JPM) CEO Jamie Dimon was unable to attend.

Why Banks Are Exposed

Mythos found thousands of zero-day vulnerabilities across every major operating system and web browser, including a 27-year-old bug …

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Short-seller Citron Research issued a report on Applied Optoelectronics Inc. (NASDAQ:AAOI) this Friday. The firm announced a new short position in the fiber-optic networking company. Citron cited a “delusional” valuation following a massive two-week surge.

Short interest in AAOI fell to 10.30 million shares from 10.56 million, representing 13.68% of the float. At an average daily volume of 14.45 million shares, it would take about one day to cover.

Citron Challenges Recent Stock Momentum

The stock has skyrocketed approximately 73% from March 30. Prices moved from $85.19 to $147.50 on Friday. Citron Research, led by Andrew Left, questioned the validity of this move on X.

AAOI rose from $85 two weeks ago, adding roughly $3.5 billion in market value following a “random press release,” the short-seller said. Citron predicts a return to the $85 …

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Qualcomm Technologies, Inc. (NASDAQ:QCOM) shares are trading slightly higher on Friday as the firm is expanding across auto and AR, deepening its Bosch ADAS partnership while teaming with Snap Inc.’s (NYSE:SNAP) to power next-gen smart glasses.

Qualcomm and Bosch are deepening their collaboration to expand advanced driver assistance systems (ADAS) alongside cockpit computing solutions.

According to Benzinga Pro, RBLX stock has lost over 2% in the past year. Investors can gain exposure to the stock via First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL).

Partnership Expansion Into ADAS

The expanded partnership targets scalable vehicle intelligence platforms, combining compute performance with integration expertise to meet rising demand …

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The US has roughly eight days of munitions on hand for a major conflict with China. It needs 800.

That’s the picture Palantir Technologies Inc (NASDAQ:PLTR) executive Shyam Sankar and Anduril Industries co-founder Trae Stephens painted at the Hill and Valley Forum, where both warned that American deterrence is eroding faster than the industrial base can respond.

Sankar called 2027 a specific “window of danger” for Taiwan, citing a 10,000-to-1 drone production gap versus China and a 233x shipbuilding capacity disadvantage.

What Bettors Are Pricing

Polymarket’s Taiwan contract has attracted nearly $20 million in volume and prices a Chinese invasion by the end of 2026 at 9%. The June 30 2027 contract, which is closer to Sankar’s timeline, sits at 16%.

A separate military clash contract prices any armed …

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Meta Platforms (NASDAQ:META) announced its latest development in the artificial intelligence space with the debut of its new model, Muse Spark. The announcement led to a significant rally in META’s stock price, rising around 9% from Tuesday’s market open through Thursdays close. As competition increases across the technology sector, Muse Spark may mark a pivotal shift, not only for Meta, but for the sector at large.

What Is Muse Spark

Muse Spark is another type of AI model, similar to ChatGPT and Gemini, that is designed to understand and generate information. It is built to integrate across Meta’s other main products, including Facebook, Instagram, and WhatsApp, enabling AI assistants, recommendations, and automation.

Market Reaction and Challenges Ahead

Meta’s stock rally was driven by investor confidence that Meta can compete …

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Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), XRP (CRYPTO: XRP), Solana (CRYPTO: SOL), and Dogecoin (CRYPTO: DOGE) may be forming a structural bottom after months of decline, according to crypto analyst Ali Martinez, who points to growing signs of accumulation across major assets.

Signs Of A Structural Floor

In a X post on Apr.9, Martinez said the market has been in a seven-month downtrend but is now showing early signs of stabilization.

He described the …

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Just hours before an Iran ceasefire became public, three newly created Polymarket accounts pocketed over $600,000 by betting on its exact timing.

The highly suspicious windfall, executed even as Donald Trump warned that “a whole civilization will die tonight,” has now prompted the White House to warn its own staff that mirroring such trades could be a criminal offense.

The ceasefire market generated over $266 million in total trading volume since launch.

Insider Trading Or Coincidence?

The ceasefire bets follow a troubling pattern.

When Operation Epic Fury began, suspected insiders made $1.2M on Iran strikes. Earlier this year, an unknown trader pocketed $400,000 on Nicolás Maduro’s capture less than five hours before it happened.

The White House appeared to take notice.

The Management Office sent a staff-wide email warning that it is “a criminal offense for anyone to use nonpublic information to buy or sell these contracts.”

The timing …

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Ridgetech, Inc. (NASDAQ:RDGT) shares are facing intense downward pressure during Friday’s trading session. The volatility follows a massive 1-for-150 reverse stock split. This corporate action became effective after the market closed on Tuesday.

Massive Share Consolidation

The reverse split significantly altered the company’s capital structure. The move reduced outstanding shares from 134.8 million to approximately 898,906. While the stock appeared to surge earlier this week due to price adjustments, it has since retreated.

Dual-Engine Growth Strategy

The decline follows Ridgetech’s recent disclosure of its 2026

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The smartcar technology company is considering buying a stake in DreamSmart, owner of an operating system linking smartcars, smart glasses and smartphones

image credit: Bamboo Works

Key Takeaways:

  • Ecarx’s board has authorized the company to pursue a potential purchase of a minority stake in DreamSmart, whose main asset is the Meizu brand of smartphones
  • Both Ecarx and DreamSmart are controlled by Geely, one of China’s most successful private carmakers

Being a member of a big family has both its upsides and downsides. On the upside, you have access to all the resources of your different family members, many of which may not be available to ordinary people, and often on good terms. On the downside, if and when you succeed, people don’t tend to take you too seriously, saying you have an unfair advantage from your family connections.

In the corporate realm, Ecarx Holdings Inc. (NASDAQ:ECX) is one such company. Despite its relatively successful business making digital cockpits for smart cars, the company trades at far lower valuation multiples than many of its peers, which appears to be a “family discount” tied to its ownership by Geely (0175.HK), one of China’s most successful private carmakers.

That investor skepticism was on display once more on Thursday, as investors greeted news of a potential relatively large new acquisition by Ecarx with a yawn. The stock initially opened slightly higher after the announcement, and rose as much as 4.2% during the trading day. But it ultimately closed down 1.8% as investors took a closer look at the investment that, if it happened, would be just another shuffling of assets within the extended Geely family.

Ecarx said its board approved a “a preliminary plan to pursue the potential acquisition of a minority interest” in a Singaporean company called DreamSmart Technology. It noted that DreamSmart is an affiliated company, and that its main interest in any potential investment would be DreamSmart’s FlyMe operating system (OS). A potential deal could see Ecarx offer both cash and its stock, though no value was given.

One of DreamSmart’s main assets is Meizu, a well-known name to China tech old-timers that started out operating a popular MP3 audio player, before getting …

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Confidence among American consumers has never been this depressed in the history of the University of Michigan survey.

The preliminary April consumer sentiment index crashed to 47.6 — an all-time record low, an 11% monthly plunge and a sharp miss against the 52 consensus — as the Iran war’s economic fallout spread from the gas pump into households’ broader outlook on their finances, jobs and the future.

Chart: Worst Consumer Confidence Reading Since Records Began

Consumer Surveys For April 2026: Full Breakdown

Indicator April 2026 March 2026 April 2025 MoM Change vs. Consensus
Consumer Sentiment 47.6 53.3 52.2 –10.7% MISS vs. 52.0
Current Economic Conditions 50.1 55.8 59.8 –10.2% —
Consumer Expectations 46.1 51.7 47.3 –10.8% —
1-Year Inflation Expectations 4.8% 3.8% 5.3% +100bps BEAT vs. 3.8%
5-Year Inflation Expectations 3.4% 3.2% — +20bps —

Iran War Didn’t Raise Prices. It Raised What People Expect Prices To Do

Aside from the shocking sentiment headline in Friday’s data, the inflation expectations component also negatively surprised.

Year-ahead inflation expectations surged from 3.8% in March to 4.8% in April, a 100-basis-point jump in a single month, blowing past the 4.2% consensus and marking the largest one-month increase since April 2025.

The current reading now exceeds every 2024 reading and sits well above the 2.3%–3.0% range that prevailed in the two years before the pandemic.

Five-year inflation expectations ticked up from 3.2% to 3.4%, the highest reading since November 2025 — but held more contained than the short-run surge, a distinction that carries real meaning for the Federal Reserve.

Chart: Americans Expect 4.8% Inflation Next Year Fed Targets 2%

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Coinbase (NASDAQ:COIN) CEO Brian Armstrong publicly backed passing the Clarity Act on April 10 after killing the bill in January, as a new compromise allows activity-based stablecoin rewards while banning passive yield.

The January Blowup

In January, Armstrong posted publicly on X the night before the Senate Banking Committee’s scheduled markup, announcing that Coinbase could not support the bill in its current form.

That move single-handedly caused the hearing to be postponed and fractured the crypto industry.

The move drew public disagreement from prominent leaders, including a16z crypto’s Chris Dixon, who posted that now was the time to move the bill forward.

The Compromise That Changed Things

Over the following months, Senators Thom Tillis (R-SC) and Angela Alsobrooks (D-MY) negotiated a compromise. By late March, the two reportedly came to a tentative deal on stablecoin yield.

Then on April 8, the White House Council of Economic Advisers released a report finding that a …

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HSBC Holdings plc (NYSE:HSBC) shares edged higher Friday after Hong Kong regulators approved new stablecoin issuer licenses, signaling progress in digital asset oversight.

The Hong Kong Monetary Authority (HKMA) granted licenses to Anchorpoint Financial Limited — a joint venture by Standard Chartered PLC (OTC:SCBFF) (OTC:SCBFY) — and The Hongkong and Shanghai Banking Corporation Limited under a new regulatory framework.

Regulatory Breakthrough In Digital Assets

The approvals mark a step in Hong Kong’s push to formalize stablecoin operations. Authorities aim to balance innovation with safeguards for users and markets.

The licenses …

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U.S. inflation surged in March at the fastest monthly pace since June 2022, driven almost entirely by an energy shock tied to the Iran war.

The Consumer Price Index (CPI) rose 0.9% month-over-month — matching Wall Street’s estimate — as energy prices jumped over 10.9% on the month. This marks the biggest monthly CPI jump in nearly four years.

The annual inflation rate soared from 2.4% in February to 3.3% in March, the highest since May 2024.

Core CPI, which strips out food and energy, came in at 0.2% month-over-month, below the 0.3% consensus. On an annual basis, the underlying inflation gauge rose 2.6% year-over-year, up from 2.5% in February and below expectations of 2.7.

That divergence between a hot headline and a contained core is the structural signal in Friday’s report: the Iran war has not yet spread beyond the pump.

Chart: Tradingview

Energy Did The Work — And Then Some

The energy index surged 10.9% in March, the largest monthly increase since September 2005.

Gasoline alone jumped 21.2% on a seasonally adjusted basis — the largest single-month increase since the series was first published in 1967 — and …

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American wallets felt the impact of the war in Iran on Friday after the March Consumer Price Index (CPI) report confirmed what drivers had already felt at the pump.

Gasoline prices posted their largest single-month increase since the Bureau of Labor Statistics first published the series in 1967, surging 21.2% in March as the conflict disrupted oil flows through the Strait of Hormuz.

That one number — gasoline — accounted for nearly three-quarters of the entire 0.9% monthly headline CPI increase, which is the steepest monthly jump since June 2022.

It is also the most direct measure yet of how a geopolitical shock 7,000 miles away is repricing life in the United States.

Chart: March Inflation Logs Highest Monthly Jump Since June 2022

From $2.98 To $4.15 – Trump Broke The Pump

On Feb. 26 — the day before the Iran war began — the national average price for regular gasoline stood at $2.98 per gallon, according to AAA data.

It now stands at $4.153. That is a 39% increase in roughly six weeks, the fastest peacetime gasoline price shock in modern American history.

Think of it this way: the average American drives about 15,000 miles a year and gets around 28 miles per gallon.

At $2.98, that was a roughly $1,600 annual fuel bill. At $4.15, it is now $2,200. The war has cost the average driver an extra $600 a year — and counting.

The energy index as a whole surged 10.9% in March — its largest monthly move since September 2005. Beyond gasoline, fuel oil rose 30.7%, its sharpest monthly climb since February 2000.

Airline fares jumped 2.7%, the first visible signal of jet fuel costs passing through into consumer services, with jet fuel prices up 75% since the start of the war according to Goldman Sachs.

AAA National Pump Prices — April 10, 2026

Grade Current Avg.
Regular $4.153
Mid-Grade $4.668
Premium $5.033
Diesel $5.683
E85 $3.303
Source: AAA

What Are Economists Saying?

Jeffrey Roach, chief economist at LPL Financial, said “at least eighty percent” of the 0.9% monthly CPI increase was energy-related, rising even higher if airfares are included given transportation’s 16% weight in the index. …

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Bitcoin (CRYPTO: BTC) is increasingly becoming a tool in global geopolitics and financial markets after claims Iran reached a ceasefire agreement proposing a $1 per barrel transit tax that could be paid in BTC.

BTC Is Digital, Decentralized, Non-Sovereign Asset

Anthony Pompliano said in his latest podcast episode on Thursday that Bitcoin is demonstrating “true product-market fit,” citing rising interest from both traditional finance and geopolitical actors.

He pointed to the launch of a low-fee Bitcoin exchange-traded fund by Morgan Stanley as evidence of accelerating institutional adoption.

Pompliano also referenced reports suggesting that Iran may have explored a ceasefire-related arrangement involving …

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Citigroup Inc. (NYSE:C) will release earnings for its first quarter before the opening bell on Tuesday, April 14.

Analysts expect the company to report quarterly earnings of $2.61 per share. That’s up from $1.96 per share in the year-ago period. The consensus estimate for Citigroup’s quarterly revenue is $23.44 billion (it reported $21.6 billion last year), according to Benzinga Pro.

Ahead of quarterly earnings, Evercore ISI Group analyst Glenn Schorr, on Monday, maintained Citigroup with an In-Line rating and lowered the price target from $125 to $115, while Goldman Sachs analyst Richard Ramsden maintained the stock with a Buy and raised the price target from $123 to $137.

With the recent buzz around Citigroup, some investors may be eyeing potential gains from the company’s dividends too. As of now, Citigroup has an annual dividend yield of 1.92%, which is a quarterly dividend …

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On CNBC’s “Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, named Netflix, Inc. (NASDAQ:NFLX) as his final trade.

Supporting his view, Goldman Sachs analyst Eric Sheridan, on Monday, upgraded Netflix from Neutral to Buy and raised the price target from $100 to $120.

Jim Lebenthal, partner at Cerity Partners, picked CRH plc (NYSE:CRH).

Lending support to his choice, JPMorgan analyst Adrian Huerta, on March 3, maintained CRH with an Overweight rating and boosted the price target from $135 to $140.

Don’t forget to check out our premarket …

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U Power Ltd. (NASDAQ:UCAR) shares remain a primary focus for retail traders this Friday. The stock continues to exhibit high volatility following a massive 331.6% peak recorded on Wednesday.

Private Placement Fuels Momentum

The rally follows a Tuesday announcement regarding a $3.19 million capital raise. U Power entered subscription agreements with seven purchasers to sell 2.9 million Class A shares. The deal priced shares at $1.10 each.

Strategic Use Of Capital

The China-based company plans to scale operations immediately. Proceeds will fund market expansion and its proprietary battery-swapping infrastructure. U Power is also involved in vehicle sourcing and new energy vehicle development.

Earlier …

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Xiao-I Corporation (NASDAQ:AIXI) shares are surging on Friday. The move follows a landmark legal victory against Apple Inc. (NASDAQ:AAPL). AIXI faced a volatile week as shares tumbled about 30% on Thursday.

Nasdaq futures are up 0.22% while S&P 500 futures have gained 0.17%.

Traders are looking toward the next major milestone. The company’s next earnings report is estimated for May 14.

Supreme Court Rules Against Apple

The Supreme People’s Court recently rejected Apple’s appeal to invalidate Xiao-I’s patents. This ruling concludes a long-running battle over core artificial intelligence …

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Apple Inc. (NASDAQ:AAPL) and Amazon.com, Inc. (NASDAQ:AMZN) are expanding their streaming collaboration as Apple TV prepares to launch on Prime Video in the U.S. later this month.

The company said this move allows Prime members to subscribe to Apple TV as an add-on service for $9.99 per month, bringing Apple’s original movies, live sports and shows — “Severance,” “The Morning Show,” and “Slow Horses” — into Amazon’s ecosystem.

The Cupertino, California-based tech company said it will …

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U.S. stocks traded mixed this morning, with the Dow Jones index falling more than 100 points on Friday.

Following the market opening Friday, the Dow traded down 0.29% to 48,045.77 while the NASDAQ rose 0.38% to 22,909.09. The S&P 500 also rose, gaining, 0.07% to 6,829.46.

Leading and Lagging Sectors

Materials shares climbed by 0.8% on Friday.

In trading on Friday, financial stocks fell by 0.8%.

Top Headline

The annual inflation rate in the U.S. surged to 3.3% in March, recording the highest reading since May 2024 and following 2.4% in both February and January.

Equities Trading UP
           

  • Presidio Property Trust, Inc. (NASDAQ:SQFT) shares shot up 48% to $3.99 after gaining 9% on Thursday.
  • Shares of Treace Medical Concepts, Inc. (NASDAQ:TMCI) got a boost, surging 25% to $1.9100.
  • Organon & Co. …

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

  • Piper Sandler analyst Anna Andreeva downgraded Nike Inc (NYSE:NKE) from Overweight to Neutral and lowered the price target from $60 to $50. Nike shares closed at $44.00 on Thursday. See how other analysts view this stock.
  • Stephens & Co. analyst Ben Bienvenu downgraded Simply Good Foods Co (NASDAQ:SMPL) from Overweight to Equal-Weight and …

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

  • Morgan Stanley analyst Stephen Grambling upgraded Ryman Hospitality Properties Inc (NYSE:RHP) from Equal-Weight to Overweight and raised the price target from $88 to $105. Ryman Hospitality shares closed at $98.34 on Thursday. See how other analysts view this stock.
  • Mizuho analyst Nick Setyan upgraded Shake Shack Inc (NYSE:SHAK) …

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Elon Musk’s SpaceX reportedly recorded a loss of nearly $5 billion last year, despite raking in over $18.5 billion in revenue.

The loss incurred by SpaceX includes figures from xAI, an artificial intelligence firm founded by Musk and acquired by SpaceX in February 2026.

The financial data, which consolidates the performance of both SpaceX and xAI, has only recently been disclosed, according to The Information on Thursday.

This is a stark contrast to Reuters January reports of its robust financial performance, where profits topped $8 billion, on revenues ranging from $15 billion to $16 billion.

SpaceX did not immediately respond to Benzinga‘s request for comment.

SpaceX AI Bet, IPO Concerns Grow

The acquisition …

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CoreWeave Inc. (NASDAQ:CRWV) is experiencing a massive technical reversal, with its Benzinga Edge momentum score surging from 32.22 to 73.68 in a single week amid analyst optimism.

Momentum Surge Takes Hold

Momentum rank measures a stock’s relative strength based on its price movement patterns and volatility over multiple timeframes, ranked as a percentile against other stocks.

This aggressive week-over-week jump signals that downside pressure has faded for CRWV and the stock is establishing a strong upward trend across the last few months and quarters.

Despite the overwhelmingly bullish momentum and fundamental catalysts, the stock‘s Benzinga Edge Stock Rankings‘ value score remains incredibly weak at just 0.38. The value metric evaluates a stock’s relative worth by comparing its market price to fundamental measures of the company’s assets, earnings, sales, and operating performance.

Benzinga Edge Stock Rankings for CRWV.

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The United States Postal Service (USPS) suspended employer contributions to the Federal Employees Retirement System (FERS) on Thursday, freeing roughly $2.5 billion in liquidity as the agency warned of liquidity pressures that could affect postal operations.

Beginning April 10, USPS will halt its $200 million every-other-week employer contribution to the defined benefit portion of the Federal Employees Retirement System (FERS).

Chief Financial Officer Luke Grossmann said the risk to postal operations from insufficient liquidity “dramatically outweighs any longer-term risk to the pension funds.” Employee contributions to FERS and the Thrift Savings Plan will continue uninterrupted, the agency said.

The move follows cumulative losses of roughly $118 billion since 2007. USPS has separately proposed raising the …

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The Trump administration has cautioned its staff against using their positions for well-timed betting in futures markets.

The White House Management Office disseminated the warning to all staff via email on March 24, just a day after President Donald Trump announced a five-day pause in strikes against Iran on Truth Social, the Wall Street Journal reported on Thursday.

Existing ethics rules already bar executive branch employees from gambling on federal property or using government information for personal gain. According to the report, a senior administration official described the warning as a timely “refresher” amid heightened scrutiny over unusually large bets in futures markets.

Davis Ingle, Trump’s spokesperson, confirmed the authenticity of the warning to the publication. Ingle …

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Geopolitical disruptions are rattling fertilizer markets, with the Iran war choking key supply routes and pushing prices sharply higher. For farmers, the impact is immediate — input costs are rising, availability is tightening, and planning cycles are shrinking.

That volatility is forcing a rethink.

Instead of relying solely on global supply chains tied to energy and shipping markets, growers are starting to look for more predictable, farm-level solutions to manage both cost and risk.

• iShares MSCI Agriculture Producers ETF stock is challenging resistance. Why are VEGI shares at highs?

Fertilizer’s New Playbook: ESG Narrative To Economic Tool

In an exclusive …

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World Liberty Financial (CRYPTO: WLFI) denied liquidation risk after pledging approximately 5 billion WLFI tokens and borrowing roughly $75 million in stablecoins on a decentralized finance protocol.

The Denial

WLFI fired back at critics questioning its massive lending position on Dolomite, calling the concerns “wrong” and framing its role as the protocol’s anchor borrower.

“We are one of the largest suppliers and borrowers on WLFI Markets. Yes, we supplied WLFI as collateral and borrowed stablecoins. No, we are nowhere near liquidation,” WLFI wrote. 

“Even if markets moved dramatically against us, we’d simply supply more collateral,” they added.

By being the anchor borrower, WLFI claims it’s generating the yield that makes WLFI Markets compelling for everyone else. Everyday users are earning outsized stablecoin yields right now.

The On-Chain Reality

On-chain …

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XRP (CRYPTO: XRP) could be structurally better prepared than Bitcoin (CRYPTO: BTC) to handle long-term risks from quantum computing, according to industry experts, though the threat remains largely theoretical.

XRP’s Relative Protection

The primary concern stems from quantum machines using Shor’s algorithm to derive private keys from public keys, potentially allowing attackers to access wallets, Coindesk reported, citing experts.

This risk emerges only after a public key is exposed, typically when a user sends a transaction.

Wallets that have only received funds remain protected because their public keys are not revealed on-chain.

On the …

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Bitcoin (CRYPTO: BTC) surged 8% this week to $72,000 as $411 million flowed into spot ETFs in April, yet analysts warn the fragile ceasefire remains on shaky ground with U.S. and Iranian officials set to meet in Pakistan on Saturday.

The Fragile Relief Rally

The fragile standstill in the Middle East has eased Bitcoin traders’ panic, but they’re not tearing up their hedges against a sharp drop just yet, according to Bybit chief market analyst Han Tan.

“Relief rallies across the risk complex have been limited by lingering doubts over a meaningful end to this Middle East conflict,” Tan said. 

“The fragile ceasefire remains on shaky ground,” he added.

Bitcoin powered 8% after the U.S. and Iran announced a conditional two-week truce that includes steps tied to reopening the Strait of Hormuz. The narrow shipping lane carries about a fifth of global oil and liquefied natural gas.

The ETF Inflows

April has seen …

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During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Benzinga readers can review the latest analyst takes on their favorite stocks by visiting Analyst Stock Ratings page. Traders can sort through Benzinga’s extensive database of analyst ratings, including by analyst accuracy.

Below are the ratings of the most accurate analysts for three high-yielding stocks in the consumer discretionary sector.

Wendy’s Co (NASDAQ:WEN)

  • Dividend Yield: 7.88%
  • UBS analyst Dennis Geiger maintained a Neutral rating and cut the price target from $8.5 to $7.5 on Feb. 17, 2026. This analyst has an accuracy rate of 55%
  • Goldman Sachs analyst Christine Cho maintained a Sell rating and slashed the price target from $8 to $7 on Feb. 17, 2026. This analyst has an accuracy rate of 62%.
  • Recent News: Wendy’s Company will report first quarter 2026 results on May 8.
  • Benzinga Pro’s real-time newsfeed alerted to latest …

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SpaceX has reportedly initiated equipment installation at its advanced chip packaging facility in Bastrop, Texas.

The company aims to begin production by the end of 2026, Reuters reported on Friday, citing sources.

The aerospace giant is moving to bring semiconductor processes in-house. The facility will package radio frequency (RF) chips.

These components are vital for Starlink, the company’s satellite-based internet system. External providers currently handle this packaging, but SpaceX plans to transition at least part of this process to the Texas site.

Navigating Timeline Delays

The project has faced some hurdles as the timeline has seen delays, according to the report.

Despite these setbacks, the company still targets a production start before the …

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Galaxy Digital (NASDAQ:GLXY) surged 11.32% to $21.15 on Thursday after announcing an ambitious goal of developing “multi-hundred-billion-dollar” worth of digital infrastructure assets as it captures a significant share in the rapidly growing AI market.

The Helios Flagship

In its first annual report with the Nasdaq, Galaxy Digital said its flagship data center Helios would represent an investment worth more than $15 billion, making it an asset with durable, high-return characteristics for shareholders.

Helios, Galaxy’s flagship AI data center campus in West Texas, was approved to develop 1.6 gigawatts of capacity to power the next generation of AI and high-performance computing. 

The first 800 megawatts leased to CoreWeave, one of the leading AI cloud providers, represents over $7.5 billion of capital investment alone.

Combined with the newly approved 830 megawatts in a build-to-suit model, Helios likely represents well north of $15 …

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Tom Lee‘s BitMine Immersion Technologies, Inc. (NYSE:BMNR) just unveiled a massive $4 billion buyback—but the real story may not be capital return. It may be valuation.

Lee has been clear: buybacks make sense when a stock trades below “intrinsic value,” reported MEXC.

The Math Behind The Move

And right now, BitMine’s balance sheet tells an interesting story—its Ethereum (CRYPTO: ETH) holdings are estimated at over $10 billion, while its market cap sits closer to the $9–10 billion range.

That gap matters.

Because if BitMine is effectively trading at—or below—the value of its ETH holdings, …

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President Donald Trump‘s Trade Representative, Jamieson Greer, has shared that the administration does not intend to change the President Joe Biden-era rules limiting Chinese software and hardware in the domestic auto industry.

Concerns About Sensitive Data

According to a Reuters report on Thursday, Greer shared that the rules, which were set by the Biden administration citing concerns about the tech collecting sensitive data, would remain unchanged. The limit on hardware would take effect in 2029, according to the rules, while software limitations kicked in this March.

“It would probably be difficult for certain countries to establish ​new production here, given those sets of rules,” Greer told the publication, but added that during the upcoming meeting with President Xi Jinping‘s office, discussing the auto industry was not the main agenda.

When asked whether Canadian drivers would be able to drive their Chinese-made EVs across the border into the U.S., Greer said it was not clear how that situation “will …

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The longest bull market in history has created a side effect. The underlying exposure of American households to equities has quietly surged to unprecedented levels, creating a structural fragility that markets seem to overlook.

St. Louis Fed data shows that combined household and nonprofit equity holdings exceed 47%. The Kobeissi Letter narrows the household number at 25.63% – the highest reading since the data collection began in the 1940s.

That figure eclipses the 19.56% peak reached during the Dot-Com bubble and surpasses the elevated levels seen in 1968.  Household balance sheets are now more tethered to equity performance than at any point in modern financial history.

Policy Uncertainty

The timing of this concentration is problematic. With the Federal Reserve locked into a 3.5–3.75% policy position, its room for maneuver is restricted. 

The uncertainty around succession only compounds the issue. Fed Chair Jerome Powell’s term ends on May 15, yet his potential successor, Kevin Warsh, has not yet been confirmed by the Senate. Per Reuters’ report, the U.S. Senate Banking Committee has delayed the confirmation hearing, narrowing the transition window.

At …

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Amazon.com, Inc. (NASDAQ:AMZN) shares are trading higher during Friday’s premarket session as traders lean into a modestly risk-on tape even while Consumer Discretionary is soft. Nasdaq futures are up 0.15% while S&P 500 futures have gained 0.11%, and Amazon’s early strength stands out against the sector’s -0.2% slide.

Amazon is catching a bid in premarket as buyers continue to favor large-cap tech-adjacent leaders, helping it buck weakness in Consumer Discretionary. The setup looks more like positioning into key chart levels than a single headline-driven move.

With market breadth tilted negative (advance/decline ratio 0.7) and only 2 sectors advancing, the tone is selective rather than broad-based. Technology is leading early (+0.25%), while Consumer Discretionary is near the bottom (-0.17%), which helps explain why Amazon is outperforming its peer group this morning.

Launches AI Pet Adoption Tool

Separately, Amazon launched an AI-powered pet adoption tool with PetArmor and Best Friends Animal Society on Thursday that matches users with adoptable pets based on lifestyle inputs.

The initiative, part of the “Protect Playtime” campaign, uses natural language AI, generative videos, and shelter upgrades to boost adoption rates, addressing a gap where millions want pets but many shelter …

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U.S. stock futures were mixed this morning, with the Dow futures falling around 0.1% on Friday.

Shares of FGI Industries Ltd (NASDAQ:FGI) fell sharply in pre-market trading as the company reported mixed results for the fourth quarter.

FGI reported quarterly losses of 29 cents per share, which beat the analyst consensus estimate of losses of 38 cents per share. The company reported quarterly sales of $30.468 million, which missed the analyst consensus estimate of $35.498 million.

FGI Industries shares dipped 7.8% to $3.91 in pre-market trading.

Here are some other stocks moving lower in pre-market trading.

  • Beasley Broadcast Group Inc (NASDAQ:BBGI) declined 22.6% to $8.53 in pre-market trading. On Wednesday, Broadcast reported a quarterly loss of $105.40 per share. Compare that with a loss of $1.17 per share in the same period last year, and it’s clear that losses widened significantly. …

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On Friday, Robo.ai Inc. (NASDAQ:AIIO) said its subsidiary Robus has completed manufacturing its initial commercial prototype vehicles and has begun deliveries in Pakistan. The move marks an early step toward scaled revenue generation and broader commercial order fulfillment.

Robo.ai shares rose in premarket trading Friday.

The company said it will continue delivering subsequent volume orders while advancing a planned ramp-up in manufacturing capacity.

Pakistan Launch Tests Supply Chain, Expansion Strategy

River Zhang, chief executive officer of Robus, said the first delivery represents the commercial starting point for the product line. It also serves as …

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Sky Quarry Inc (NASDAQ:SKYQ) shares jumped on Friday. This move extends a massive multi-day surge. The stock has gained over 200% in early April.

Nasdaq futures are up 0.12% while S&P 500 futures have gained 0.05%.

Nevada Refinery Gains Strategic Importance

The momentum stems from the growing importance of the company’s Foreland Refinery. Tightening regional fuel capacity has turned eyes toward Nevada. Sky Quarry previously announced talks with local crude producers.

These discussions aim to bolster local output during a global energy supply crunch.

Geopolitical Tensions Impact Energy

Market sentiment remains tethered …

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Fundstrat’s Tom Lee says the bottom is in and the S&P 500 (NYSE:SPY) is heading to 7,300, arguing last week proved stocks can rise even as the Iran war worsened and oil surged from $87 to $116.

The Bottom Is In

“I think the bottom’s in because last week was a period where the war was getting worse and oil was going up, but stocks weren’t going down,” Lee told CNBC’s Scott Wapner Wednesday.

“So that’s a good precondition and today now we have the rate of change that the war is de-escalating,” he added.

From mid-March, oil rose from $87 to $116 while the S&P 500 climbed from 6,300 to 6,600. Stocks rose even as the Iran war worsened. This proved stocks could handle bad news.

Yesterday’s proposed ceasefire marked a positive rate of change inflection. Stocks rose over 2%, oil dropped 15%, and the VIX fell under 20.

What Led The Rally

Since the war started …

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Bitcoin trades around $72,000 as Bitcoin ETFs saw $343.3 million in net inflows on Thursday, while Ethereum ETFs reported $85.2 million in net inflows.  


Cryptocurrency		 Ticker Price
Bitcoin (CRYPTO: BTC) $71,913.67
Ethereum (CRYPTO: ETH) $2,197.31
Solana (CRYPTO: SOL) $83.39
XRP (CRYPTO: XRP) $1.33
Dogecoin (CRYPTO: DOGE) $0.09227
Shiba Inu (CRYPTO: SHIB) $0.055886

Meme coin market capitalization is up 0.5% to $34 billion over the past 24 hours.

Trader Commentary: 

Crypto chart analyst Ali …

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

  • BTIG analyst Gregory Lewis initiated coverage on WhiteFiber Inc (NASDAQ:WYFI) with a Buy rating and announced a price target of $20. Whitefiber shares closed at $13.58 on Thursday. See how other analysts view this stock.
  • Piper Sandler analyst David Westenberg initiated coverage on Grail Inc (NASDAQ:GRAL) with …

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Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell reportedly held an urgent meeting with the CEOs of the country’s biggest banks this week to warn them about cybersecurity risks posed by Anthropic‘s newly launched AI model.

The meeting took place on Tuesday at the Treasury Department in Washington, according to a Bloomberg report published Thursday.

Who Was In The Room?

The CEOs of Citigroup (NYSE:C), Morgan Stanley (NYSE:MS), Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC) and Goldman Sachs (NYSE: GS) were present, according to Bloomberg. JPMorgan (NYSE:

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Brent crude oil prices are likely to stay above $100 per barrel for the rest of 2026 if the Strait of Hormuz stays shut for another month, Bloomberg reported on Thursday, citing a Goldman Sachs note.

Analyst Daan Struyven stated that the “situation is fluid,” echoing Vice President JD Vance‘s comments of a “fragile” truce following the two-week ceasefire between the U.S. and Iran announced on Tuesday.

“We continue to see the risks to our price forecast as skewed to the upside,” said Struyen.

According to Goldman Sachs, the limited traffic at Hormuz would lead to a loss of upstream production in the Middle East. As a result, Brent crude oil price could average at $120 per barrel in the third quarter and $115 per barrel in the fourth quarter of the year.

However, if the situation improves over the weekend, the analysts foresee oil price at $82 per barrel in the third quarter and $80 …

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American homeowners paid more in property taxes in 2025 even as their home values declined, with local government costs and shifting tax policies driving bills higher regardless of market conditions, according to ATTOM’s annual property tax analysis published Thursday.

The Tax Bill Climbed Anyway

Property taxes levied on single-family homes across the United States rose 3.7% to $396.8 billion in 2025, covering more than 89.6 million homes. The average bill reached $4,427, a 3% increase over 2024, while the average estimated home value fell 1.7% to $494,231 over the same period. The result: the national effective tax rate rose to 0.9%, its highest since 2020.

“Even with a slight dip in prices, higher tax bills combined with declining home values led to an increase in effective tax rates, underscoring the role of local government costs and shifting …

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Nike (NYSE:NKE) is on the verge of replacing Adidas AG (OTC:ADDYY) as the official match ball sponsor for the UEFA Champions League, thereby ending Adidas’s 25-year dominance.

Nike is in exclusive discussions to supply balls for all UEFA men’s club competitions from 2027 to 2031, including the Europa League and Conference League, the Financial Times reported on Thursday.

The deal’s value is expected to surge, potentially doubling to more than €40 million ($46.75 million) annually. This development marks a significant setback for Adidas, the Champions League ball supplier since 2001.

Adidas confirmed to the publication that it would not renew its role but will continue to supply other tournaments. Meanwhile, UC3, a joint venture between UEFA and the European Club Association, told Reuters that it is in talks with Nike.

Nike did not immediately respond to Benzinga‘s request for comment.

Nike Eyes Football Growth Amid Earnings

For Nike, overtaking Adidas underscores its growing ambitions in football, especially after Puma AG

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Tesla Inc.‘s (NASDAQ:TSLA) retail sales in the Chinese market fell over 16% year-on-year in the first quarter of 2026 despite an increase in its Wholsale figures.

Tesla Retail Sales Fall

On Thursday, Electrek reported that the EV giant also recorded a 24.3% drop in its retail sales in March, with 56,107 units sold compared to 74,127 vehicles it sold last year. During the first quarter, Tesla sold 112,798 units in China, down 16.2% compared to the 134,607 units it sold during the same period last year.

Tesla’s wholesale figures from China’s Gigafactory Shanghai came in at 213,398 units, with over 100,000 vehicles exported to various markets worldwide. In March, Tesla exported 29,563 …

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The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.

Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.

Zscaler Inc (NASDAQ:ZS)

  • On April 9, BTIG analyst Gray Powell downgraded Zscaler from Buy to Neutral. The company’s stock fell around 22% over the past month and has a 52-week low of $120.76.
  • RSI Value: 29.9
  • ZS Price Action: Shares of Zscaler fell 11.4% to close at $122.21 on Thursday.
  • Edge Stock Ratings: 2.00 Momentum score.

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The S&P 500 extended its relief rally on Thursday, rising 0.62% to close at 6,824.66, as optimism around a fragile ceasefire in the Middle East continued to support equities.

The Polygon-based (CRYPTO: POL) Polymarket crowd is bearish heading into Friday. The April 10 market shows only 38% of traders betting “Up,” following $271,910 in traded volume on the April 9 outcome.

Why That Number Matters

The two-week ceasefire between the U.S. and Iran has helped stabilize sentiment after weeks of volatility driven by …

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Paramount SkyDance (NASDAQ:PSKY) has arranged permanent financing for its acquisition of Warner Bros Discovery (NASDAQ:WBD), lowering its debt commitments from $54 billion to $49 billion, according to regulatory filings on Thursday.

The financing was secured from a consortium of 18 banks, which syndicated its bridge loan and finalized $5 billion in senior term loans and a $5 billion revolving credit facility, while dropping a separate $3.5 billion credit line.

The loans are secured by a first-priority claim on all assets, including Paramount Global, Skydance Media, and Warner Bros., after the merger closes.  

The deal’s financing is set to be one of the largest debt packages this year, with the combined company …

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On Thursday, Apple Inc. (NASDAQ:AAPL) said it will close three U.S. retail stores as declining mall conditions force a strategic pullback, while a union dispute intensifies around its Towson location.

Apple Blames Declining Mall Conditions

In a statement to MacRumors, Apple said it will permanently shut stores in Trumbull, Connecticut; Escondido, California; and Towson, Maryland, in June.

The company said it regularly evaluates its retail footprint to ensure it delivers the best customer experience.

The closures come as all three malls have lost major tenants and foot traffic, with some facing financial distress and ownership changes.

Apple did not immediately respond to Benzinga’s request for comments.

Employees To Be Relocated Or Reassigned

Apple said staff at its Trumbull and North County …

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In today’s fast-paced and highly competitive business world, it is crucial for investors and industry followers to conduct comprehensive company evaluations. In this article, we will delve into an extensive industry comparison, evaluating Tesla (NASDAQ:TSLA) in relation to its major competitors in the Automobiles industry. By closely examining key financial metrics, market standing, and growth prospects, our objective is to provide valuable insights and highlight company’s performance in the industry.

Tesla Background

Tesla is a vertically integrated battery electric vehicle automaker and developer of real world artificial intelligence software, which includes autonomous driving and humanoid robots. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling a sports car and offer a robotaxi service. Global deliveries in 2025 were nearly 1.64 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network and an auto insurance business.

Company P/E P/B P/S ROE EBITDA (in billions) Gross Profit (in billions) Revenue Growth
Tesla Inc 320.02 15.79 12.86 1.04% $2.91 $5.01 -3.14%
General Motors Co 23.46 1.13 0.40 -5.22% $0.42 $-1.12 -5.06%
Ferrari NV 33.64 13.62 7.52 9.89% $0.69 $0.93 3.79%
Thor Industries Inc 14.26 0.98 0.43 0.41% $0.1 $0.25 5.34%
Winnebago Industries Inc 22.41 0.75 0.32 0.39% $0.03 $0.09 6.0%
Average 23.44 4.12 2.17 1.37% $0.31 $0.04 2.52%

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In today’s fast-paced and competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies before making investment decisions. In this article, we will conduct a comprehensive industry comparison, evaluating Micron Technology (NASDAQ:MU) against its key competitors in the Semiconductors & Semiconductor Equipment industry. By examining key financial metrics, market position, and growth prospects, we aim to provide valuable insights for investors and shed light on company’s performance within the industry.

Micron Technology Background

Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.

Company P/E P/B P/S ROE EBITDA (in billions) Gross Profit (in billions) Revenue Growth
Micron Technology Inc 19.89 6.56 8.22 21.0% $18.48 $17.75 196.29%
NVIDIA Corp 37.53 28.41 20.88 31.11% $51.28 $51.09 73.21%
Broadcom Inc 69.18 21.04 25.29 9.12% $11.15 $13.16 29.47%
Advanced Micro Devices Inc 90.67 6.12 11.18 2.44% $2.86 $5.58 34.11%
Texas Instruments Inc 39.45 12.03 11.10 7.03% $2.07 $2.47 10.38%
Analog Devices Inc 64.23 5.08 14.79 2.46% $1.52 $2.04 30.42%
Qualcomm Inc 25.76 5.91 3.12 13.57% $4.11 $6.68 5.0%
Marvell Technology Inc 39.07 7.33 12.73 2.79% $0.75 $1.15 22.08%
Monolithic Power Systems Inc 103.75 18.56 23.10 4.95% $0.21 $0.41 20.83%
NXP Semiconductors NV 25.87 5.17 4.26 4.53% $0.98 $1.81 7.2%
ON Semiconductor Corp 236.17 3.51 4.70 2.33% $0.45 $0.55 -11.17%
GLOBALFOUNDRIES Inc 30.63 2.24 4 1.68% $0.73 $0.51 0.0%
Tower Semiconductor Ltd 105.06 7.88 14.78 2.78% $0.13 $0.09 11.26%
Astera Labs Inc 106.11 16.16 27.27 3.41% $0.07 $0.2 91.77%
First Solar Inc 13.88 2.22 4.06 5.62% $0.7 $0.67 11.15%
Credo Technology Group Holding Ltd 59.30 10.77 18.77 10.03% $0.16 $0.28 201.49%
MACOM Technology Solutions Holdings Inc 112.09 13.73 18.19 3.64% $0.07 $0.15 24.52%
Lattice Semiconductor Corp 5315 20.38 28.08 -1.08% $0.01 $0.1 24.16%
Rambus Inc 50.04 8.37 16.30 4.81% $0.09 $0.15 18.09%
Average 362.43 10.83 14.59 6.18% $4.3 $4.84 33.55%

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In the dynamic and fiercely competitive business environment, conducting a thorough analysis of companies is crucial for investors and industry enthusiasts. In this article, we will perform an extensive industry comparison, evaluating Apple (NASDAQ:AAPL) in relation to its major competitors in the Technology Hardware, Storage & Peripherals industry. By closely examining crucial financial metrics, market position, and growth prospects, we aim to offer valuable insights for investors and shed light on company’s performance within the industry.

Apple Background

Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple’s iPhone makes up a majority of the firm sales, and Apple’s other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple’s sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.

Company P/E P/B P/S ROE EBITDA (in billions) Gross Profit (in billions) Revenue Growth
Apple Inc 32.97 43.36 8.92 52.0% $54.07 $69.23 15.65%
Western Digital Corp 31.94 16.11 11.63 27.66% $2.11 $1.38 25.24%
Seagate Technology Holdings PLC 56.58 244.41 11.05 299.49% $0.85 $1.18 21.51%
Everpure Inc 109.44 13.76 5.64 7.04% $0.15 $0.74 20.35%
NetApp Inc 16.05 16.30 2.89 31.16% $0.51 $1.21 4.39%
Super Micro Computer Inc 16.95 1.99 0.54 5.93% $0.55 $0.8 123.36%
Logitech International SA 19.09 5.71 2.85 11.36% $0.31 $0.61 6.06%
Diebold Nixdorf Inc 33.27 2.67 0.83 4.49% $0.11 $0.28 11.66%
Turtle Beach Corp 13.45 1.58 0.66 14.73% $0.02 $0.05 -18.69%
Average 37.1 37.82 4.51 50.23% $0.58 $0.78 24.23%

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Bernstein analyst Mark Newman raised the target price for SanDisk Corp. (NASDAQ:SNDK) to $1,250, implying about 47% upside from current levels, citing stronger-than-expected NAND pricing trends.

Why Newman Is Bullish

Newman maintained an Outperform rating on the stock, according to a report by Investing.com. Newman maintained an Outperform rating, saying concerns around TurboQuant were “overdone,” while NAND memory pricing continues to exceed expectations.

According to the firm’s March memory tracker, pricing momentum has accelerated, with NAND leading and consistently surprising to the upside.

The firm raised its fiscal 2027 non-GAAP EPS estimates to $144 in a base case and $224 in a bull case.

The $1,250 price target reflects roughly 8.7x base-case EPS, while Bernstein’s broader valuation framework applies an 11x multiple to projected average earnings of …

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A new Federal Reserve study reveals that sweeping U.S. tariffs implemented in 2025 by President Donald Trump are entirely responsible for the recent surge in core goods inflation, hitting consumers with a direct, “dollar-for-dollar” price increase.

Driving The Inflation Spike

According to the April 8 FEDS Note authored by economists Robert Minton, Madeleine Ray, and Mariano Somale, aggressive trade policies enacted last year have dramatically shifted the U.S. economic landscape.

The researchers estimate that tariffs implemented through November 2025 raised core goods personal consumption expenditure (PCE) prices by a staggering 3.1% through February 2026.

Crucially, the economists determined that these levies “can explain the entirety of excess inflation in the core goods category relative to pre-pandemic inflation rates.” Furthermore, the tariffs contributed to a 0.8% boost in the broader core PCE index, which is the central bank’s preferred inflation metric.

A ‘Dollar-For-Dollar’ Consumer Burden

The findings firmly dispel the notion that foreign exporters or …

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Wall Street sees a frozen housing market as the death knell for iBuying, but EMJ Capital founder Eric Jackson views it as the ultimate catalyst for Opendoor Technologies Inc. (NASDAQ:OPEN).

With shares trading at $4.31, Jackson is maintaining a staggering $82 price target, representing an 1,802.55% upside, arguing that the market is mispricing a radical corporate transformation.

A ‘Messy’ But Profitable Path

Jackson asserts that the current 6.33% mortgage rate environment hasn’t destroyed housing demand; it has merely delayed it. “He is describing deferred demand. Not destroyed demand. Deferred,” Jackson wrote in his Substack post, citing his sources from Main Street.

When rates eventually drop, Opendoor’s newly rebuilt infrastructure will be perfectly positioned to capture the coiled volume.

Acknowledging the stock’s recent volatility, massive headline losses, and dilution, Jackson remains unfazed by the bearish sentiment.

“Turnarounds are messy. That’s why they’re cheap,” Jackson stated, comparing Opendoor’s current state to Carvana Co.‘s (NYSE:CVNA) historic rebound. “The straight line was always a lie.”

Full story available on Benzinga.com

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