El interés en corto de Black Diamond Therapeutic da a los inversores una idea del grado en que los inversores apuestan por la caída de las acciones de Black Diamond Therapeutic. Los datos de interés en corto se actualizan cada dos semanas.

Black Diamond Therapeutic (NASDAQ:BDTX) Bolsa, Informe de interés en corto

BLACK DIAMOND THERAPEUTICS I

Black Diamond Therapeutic

Black Diamond Therapeutics Inc is a clinical-stage oncology company developing MasterKey therapies that target families of oncogenic mutations in patients with cancer. It is engaged in the discovery and development of small molecule, tumor-agnostic therapies. The company has one pipeline technology platform, namely Mutation-Allostery-Pharmacology, which is targeting mutations in cancer. Its drugs under the pipeline are BDTX-4933 and BDTX-1535.

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Sage Therapeutics sube 34% tras oferta de Biogen. Conoce los mayores ganadores y perdedores del premercado de EE.UU.

Las acciones de Sage Therapeutics (SAGE) se disparan un 34%; 20 acciones que se mueven en premercado

Black Diamond Therapeutics, Inc. - Common Stock

Black Diamond Therapeutics Inc

<ul>
<li>Multi-center clinical trial includes sites located in the US, UK and EU</li>
<li>Second Phase II clinical trial studying leniolisib for additional primary immunodeficiencies (PIDs)</li>
<li>CVID patients demonstrate clinical phenotypes similar to APDS, with global prevalence estimated at approximately 39 per million</li>
</ul>

PHAR

Pharming Doses First Patient In Phase II Trial of Leniolisib For CVID With Immune Dysregulation

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) has reportedly encountered a $1.4 billion gap between its capital expenditure and the valuation of related assets over the last six months of 2024.
What Happened: This discrepancy, highlighted in a <a href="https://www.ft.com/content/62df8d8d-31f2-445e-bfa2-c171ac43db6e">report</a> by Financial Times, comes as Tesla&#8217;s stock market valuation has plummeted from $1.7 trillion to under $800 billion.
According to the report, Tesla&#8217;s cash flow statement reveals $6.3 billion spent on property and equipment purchases in the third and fourth quarters of 2024. However, the balance sheet shows only a $4.9 billion increase in the gross value of property, plant, and equipment during the same period.
Tesla did not immediately respond to <a href="http://pro.benzinga.com">Benzinga&#8217;s</a> request for comment. 
See Also:<a href="https://www.benzinga.com/25/03/44394560/elon-musks-tesla-targeted-with-arson-attacks-in-las-vegas-kansas-city-report"> Elon Musk&#8217;s Tesla Targeted With Arson Attacks In Las Vegas, Kansas City: Report</a>
Despite Tesla&#8217;s substantial cash reserves of $37 billion, the company raised $6 billion in new debt last year.
This raises questions about Tesla&#8217;s financial strategies, especially as it plans to invest heavily in AI infrastructure, robots, computing, and batteries, with at least $11 billion earmarked for each of the coming years.
Financial experts, including Jacek Welc from SRH Berlin University, suggest that such financial anomalies could indicate weak internal controls or aggressive expense classification.
Tesla&#8217;s ongoing capital raising, despite significant cash flow, is seen as a potential red flag for accounting misstatements.
Why It Matters: The financial discrepancy at Tesla comes amid a turbulent period for Elon Musk, the company&#8217;s CEO. Musk has been juggling his responsibilities between Tesla and his role in the Department of Government Efficiency (DOGE) under the Trump administration.
In a <a href="https://www.benzinga.com/markets/25/03/44242181/elon-musk-admits-juggling-between-tesla-doge-is-difficult-says-running-businesses-with-great-difficulty-as-tsla-stock-plunges-50-in-3-months">recent interview</a>, Musk admitted to facing significant challenges in managing his businesses, coinciding with a sharp decline in Tesla&#8217;s stock.
Investors have expressed frustration over Musk&#8217;s divided focus, with some, like <a href="https://benzinga.com/markets/25/03/44346423/teslas-biggest-bull-frustrated-with-elon-musks-focus-on-doge-over-company-patience-wearing-thin">Tesla's biggest bull</a>, voicing concerns about his attention being diverted from the company. <a href="https://benzinga.com/markets/equities/25/03/44268904/elon-musks-current-leadership-situation-is-not-sustainable-for-shareholders-says-tesla-bull-needs-to-strike-a-balance-with-doge">Dan Ives</a> from Wedbush Securities has also highlighted the unsustainable nature of Musk&#8217;s current leadership situation for Tesla&#8217;s shareholders.
Tesla holds a momentum rating of 81.80% and a growth rating of 55.07%, according to <a href="https://www.benzinga.com/report/TSLA">Benzinga's Proprietary Edge Rankings</a>. The Benzinga Growth metric evaluates a stock&#8217;s historical earnings and revenue expansion across multiple timeframes, prioritizing both long-term trends and recent performance. For an in-depth report on more stocks and insights into growth opportunities, <a href="https://www.benzinga.com/screener/top-momentum-stocks">sign</a> <a href="https://www.benzinga.com/screener/top-momentum-stocks">up for Benzinga Edge.</a>
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="837" height="145" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/20023716/Tesla-Edge.jpg" alt="" class="wp-image-832903" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/20023716/Tesla-Edge.jpg 837w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/20023716/Tesla-Edge-300x52.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/20023716/Tesla-Edge-768x133.jpg 768w" sizes="(max-width: 837px) 100vw, 837px" /></figure>
Check out more of Benzinga's Future Of Mobility coverage by <a href="https://www.benzinga.com/topic/mobility">following this link.</a>
Read Next:
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<li><a href="https://www.benzinga.com/25/03/44392619/elon-musks-tesla-secures-first-approval-towards-rolling-out-robotaxi-in-california">Elon Musk&#8217;s Tesla Secures First Approval Towards Rolling Out Robotaxi In California</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Equities

Tech

TSLA

Elon Musk's Tesla Faces $1.4 Billion Discrepancy In Capital Expenditure: Report

Gold prices hit an all-time high Wednesday as the Federal Reserve projected slower economic growth and higher inflation, boosting demand for the safe haven.
What happened: Spot gold hit $3,056 per ounce earlier in the day before retracing slightly. Gold futures on the Commodity Exchange jumped to $3,060.20.
The yellow metal has been smashing records this year, precipitated by a dampening risk sentiment due to President Donald Trump's <a href="https://in.benzinga.com/analyst-ratings/analyst-color/25/03/44378155/exclusive-trumps-200-tariff-threat-could-price-european-alcohol-out-of-us-markets">aggressive tariff policies</a>. Spot gold has gained over 16.21% year-to-date.
On Wednesday, the central bank kept the interest rates changed, and <a href="https://www.benzinga.com/economics/macro-economic-events/25/03/44406928/economists-react-to-powell-we-are-now-seeing-the-stag-and-the-flation">lowered 2025 GDP growth projections</a> from 2.1% to 1.7%, fueling further gains for gold.
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44390616/cathie-wood-believes-most-memecoins-wont-face-fearsome-declines-end-up-becoming-collectors-items">Cathie Wood Believes Most Memecoins Will Face &#8216;Fearsome Declines,&#8217; But They Could End Up Becoming Collector&#8217;s Items</a>
The rise has trickled down to physical gold-backed cryptocurrencies as well. Tether Gold and PAX Gold have gained 16.67% and 16.42% year-to-date.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 1:44 a.m. ET)</td>
</tr>
<tr>
<td>PAX Gold (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/paxg/usd">PAXG</a>)</td>
<td>+16.67%</td>
<td>$3,065.24</td>
</tr>
<tr>
<td>Tether Gold (CRYPTO: XAUt)</td>
<td>+16.42%</td>
<td>$3,052.71</td>
</tr>
</tbody>
</table>
</figure>
These increases contrasted sharply with the performance of the rest of the cryptocurrency market.&nbsp;
The overall market capitalization has shrunk 14% from $3.6 trillion to $2.8 trillion since the year began, with market barometer Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) slipping over 8%. Notably, Bitcoin has been aggressively promoted as a &#8220;digital gold&#8221; asset by its supporters.
Price Action: At the time of writing, Spot Gold was exchanging hands at 3,046.14, down 0.10% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.
Photo courtesy: Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44363871/peter-schiff-slams-bitcoin-etfs-calls-selling-gold-for-btc-worst-timed-trade-in-history">Peter Schiff Slams Bitcoin ETFs, Calls Selling Gold For BTC &#8216;Worst-Timed Trade In History&#8217;</a></li>
</ul>

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

Cryptocurrency

$BTC

$PAXG

Bitcoin's Recent Struggles Aside, Gold Hit A New All-Time High Shining A Bright Spotlight On These Precious Metal Cryptos That Rocked In 2025

Sanofi to acquire Dren Bio's bispecific myeloid cell engager for deep B-cell depletion, broadening immunology pipeline
<ul>
<li>Dren Bio deep B-cell depleter program has the potential to reset the immune system</li>
<li>Acquisition underpins path for Sanofi becoming leading immunology company</li>
<li>Sanofi to pay $600 million up front</li>
</ul>

Sanofi To Acquire Dren Bio's DR-0201 For $600M Upfront, With Up To $1.3B In Milestone Payments

<ul>
<li>Paratek will accelerate access for XHANCE beyond specialists to primary care providers maximizing the recent label expansion for CRS in a ~10‑million‑patient market</li>
<li>Acquisition advances Paratek's vision to become a multi-product company focused on innovative specialty therapies</li>
<li>Total transaction value of up to ~$330 million</li>
<li>Potential consideration of up to $14 per share, including upfront consideration of $9 per share, representing a 50% premium to Optinose's closing trading price on March 19, 2025</li>
</ul>

OPTN

Reported Earlier, Paratek Pharmaceuticals To Acquire Optinose In Deal Worth Up To $330M, Including $9 Cash And Potential $5/Share In Future Milestones

Senior economist Mohamed El-Erian has criticized Federal Reserve Chair Jerome Powell&#8217;s use of the word &#8220;transitory&#8221; to describe the potential inflationary impact of tariffs.
What Happened: The Federal Reserve <a href="https://www.benzinga.com/economics/macro-economic-events/25/03/44405112/tariff-inflation-may-be-transitory-powell-says-stocks-rally-bitcoin-clears-85000-as-bulls-return">held rates steady</a> in the range of 4.25%-4.5% on Wednesday. Despite maintaining their median forecast of two rate cuts for the year, the Fed&#8217;s &#8216;dot plot&#8217; projections revealed a subtle shift toward one cut, though not quite definitively.
Powell revived the term &#8216;transitory&#8217; when discussing inflation. Additionally, the Fed announced a slowdown in their balance sheet reduction, decreasing quantitative tightening from $25 billion to $5 billion starting in April. However, he admitted it is "very challenging" to isolate tariff-driven inflation from broader price pressures.
El-Erian, the chief economic advisor at Allianz and former CEO and CIO of PIMCO expressed disappointment in the Fed&#8217;s language following its press conference on Wednesday.
He highlighted the Fed&#8217;s previous use of &#8220;transitory&#8221; to describe inflation in the early 2020s, a prediction that proved to be significantly wrong. This previous misjudgment led to the Fed being behind the curve on raising interest rates to combat inflation.
&#8220;I would have thought that, particularly after the big policy mistake of earlier this decade and given all the current uncertainties, some Fed officials would show greater humility,&#8221; said El-Erian.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The word — "transitory" — is back at the Federal Reserve as Chair Powell characterizes the price effects of tariffs as a one-off. I would have thought that, particularly after the big policy mistake of earlier this decade and given all the current uncertainties, some Fed…
&mdash; Mohamed A. El-Erian (@elerianm) <a href="https://twitter.com/elerianm/status/1902435256927388049?ref_src=twsrc%5Etfw">March 19, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/markets/25/03/44354638/mark-cuban-advises-genz-to-spend-every-waking-minute-learning-about-ai-heres-a-list-of-ai-investment-opportunities-for-long-term" target="_blank" rel="noreferrer noopener">Mark Cuban Advises GenZ To ‘Spend Every Waking Minute Learning About AI:' Here's A List Of AI Investment Opportunities For Long Term</a>
Why It Matters: As tariffs imposed by President Donald Trump increased the risk of inflation in the economy, El-Erian argued that it was too early to say with any degree of confidence that the inflationary effects of tariffs would be transitory.
He also emphasized that businesses and consumers still remember the recent period of &#8220;high unanticipated inflation,&#8221; which could influence their expectations and behavior, potentially leading to persistent inflation.
The University of Michigan Consumer Sentiment Index pointed to a significant surge in inflation expectations, fueled by concerns over impending tariffs. However, Powell dismissed it, characterizing them as an &#8216;outlier&#8217; when compared to other indicators of long-term inflation expectations.
Price Action: The use of the term &#8220;transitory&#8221; pushed the stocks higher on Wednesday, while Powell said policymakers can "wait for clarity" before making moves.
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, rose on Wednesday. The SPY advanced 1.09% to $567.13, and the QQQ also jumped 1.34% to $480.89, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
On Thursday, the future of Dow Jones rose by 0.30%, whereas the S&amp;P 500 and Nasdaq 100 advanced by 0.46% and 0.63% respectively.
Read Next:
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<li><a href="https://www.benzinga.com/general/market-summary/25/03/44397069/super-micro-ai-servers-get-nvidia-boost-but-smci-plunges-25-since-delayed-10k-filing-valuation-tumbles-80-in-three-weeks">Super Micro AI Servers Get Nvidia Boost, But SMCI Plunges 25% After Delayed Filing: Valuation Tumbles 80% In 3 Weeks</a></li>
</ul>
Photo courtesy: Federal Reserve

Analyst Color

Government

Economics

Federal Reserve

Federal Reserve Brings Back 'Transitory' Inflation Amid Tariff War: Economist Mohamed El-Erian Calls It A 'Big Policy Mistake'

SWK Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWKH#NASDAQ">SWKH</a>) reported quarterly earnings of $0.54 per share. This is a 134.78 percent increase over earnings of $0.23 per share from the same period last year. The company reported $12.36 million in sales this quarter. This is a 24.99 percent increase over sales of $9.89 million the same period last year.

Earnings

SWKH

SWK Holdings Q4 2024 GAAP EPS $0.54 Up From $0.23 YoY, Sales $12.36M Up From $9.89M YoY

MARC ROSSITER STEPS DOWN AS PRESIDENT, CEO, AND DIRECTOR
PREET DHINDSA NAMED INTERIM CEO
REAFFIRMS 2025 OUTLOOK AND CONCURRENTLY ANNOUNCES EXPANSION OF DIRECT SHAREHOLDER RETURNS

EFXT

Enerflex CEO Marc Rossiter Steps Down, CFO Preet Dhindsa Appointed Interim CEO; Reiterates 2025 Guidance

The gross proceeds to Akebia from the Offering, before deducting underwriting discounts, commissions and other offering expenses, are expected to be $50.0 million. In addition, Akebia has granted the underwriters a 30-day option to purchase up to 3,750,000 additional shares of its common stock at the public offering price, less underwriting discounts and commissions. The Offering is expected to close on March 21, 2025, subject to the satisfaction of customary closing conditions

AKBA

Reported Earlier, Akebia Therapeutics Prices $50M Public Offering Of 25M Common Shares At $2/Share

Business Outlook
For the first quarter of 2025, the Company expects net revenues to be between US$482 million and US$490 million. This forecast reflects the Company's current and preliminary views on the market, operational conditions and business strategies, which are subject to changes, particularly as to the potential impact from increasing macroeconomic uncertainties.

Guidance

JOYY Expects Q1 Net Revenues Between $482M-$490M Vs.$490.78M Consensus

JOYY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YY#NASDAQ">YY</a>) reported quarterly earnings of $1.77 per share which beat the analyst consensus estimate of $1.18 by 50 percent. This is a 75.25 percent increase over earnings of $1.01 per share from the same period last year. The company reported quarterly sales of $549.45 million which missed the analyst consensus estimate of $549.46 million by 0 percent. This is a 3.58 percent decrease over sales of $569.84 million the same period last year.

Earnings Beats

Earnings Misses

JOYY Q4 2024 Adj EPS $1.77 Beats $1.18 Estimate, Sales $549.45M Miss $549.46M Estimate

111 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YI#NASDAQ">YI</a>) reported quarterly losses of $(0.04) per share. This is a 95 percent increase over losses of $(0.80) per share from the same period last year. The company reported $527.14 million in sales this quarter. This is a 8.91 percent decrease over sales of $578.69 million the same period last year.

111 Q4 EPS $(0.04) Up From $(0.80) YoY, Sales $527.14M Down From $578.69M YoY

Bitwise&nbsp;Chief Investment Officer&nbsp;Matt Hougan explained Bitcoin&#8217;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) often contradictory behavior during market crises, despite its narrative as an inflation hedge.
What Happened: In a research note <a href="https://experts.bitwiseinvestments.com/cio-memos/dip-then-rip">released </a>Tuesday, Hougan said that short-term price dips that Bitcoin experiences during economic turbulence are due to increased market uncertainty. This uncertainty amplifies the perceived riskiness of the asset, leading to a temporary decrease in the asset&#8217;s value, also known as a &#8220;discount factor.&#8221;
Hougan used the example of tariff concerns, which have <a href="https://in.benzinga.com/trading-ideas/movers/25/03/44099481/bitcoin-ethereum-dogecoin-nosedive-as-trumps-tariff-moves-wipe-out-crypto-reserve-fueled-gains-analyst-says-breaking-through-this-barrier-will-help-btc-touch-new-highs-2">battered the apex cryptocurrency</a> over the past month. While tariffs increase the riskiness in the short term, they increase the long-term price target owing to economic disorder. 
&#8220;So even though we're more bullish than ever on Bitcoin, our short-term price target falls. That explains the pullback. But if the market stabilizes and it turns out the world's not ending and the discount factor goes back from 85% to 75%, Bitcoin will recover from the pullback,&#8221; Hougan said, describing it as a &#8220;Dip Then Rip&#8221; phenomenon.
Hougan said Bitwise remained optimistic about Bitcoin, reiterating the $1 million price target by 2029 he gave in December 2024.
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44390616/cathie-wood-believes-most-memecoins-wont-face-fearsome-declines-end-up-becoming-collectors-items">Cathie Wood Believes Most Memecoins Will Face &#8216;Fearsome Declines,&#8217; But They Could End Up Becoming Collector&#8217;s Items</a>
Why It Matters: Bitcoin&#8217;s performance during market crises has been a topic of discussion among industry experts.&nbsp; Robbie Mitchnick, BlackRock&#8217;s Digital Assets head, stated Wednesday that a <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44395095/recession-would-be-a-big-catalyst-for-bitcoin-blackrocks-head-of-digital-assets-says">potential U.S. recession</a> could catalyze Bitcoin&#8217;s next bull cycle.
Meanwhile,&nbsp;Hougan said in a separate interview that <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44397546/bitcoin-could-reach-200000-in-2025-if-fed-relaxes-policy-bitwises-matt-hougan-says">Bitcoin could reach $200,000</a> by the end of 2025, if the Federal Reserve takes steps to stimulate the economy.
Price Action: At the time of writing, Bitcoin was exchanging hands at $85,876.49, up 3.42% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. Year-to-date, the coin has dipped 9%.
Image via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44363871/peter-schiff-slams-bitcoin-etfs-calls-selling-gold-for-btc-worst-timed-trade-in-history">Peter Schiff Slams Bitcoin ETFs, Calls Selling Gold For BTC &#8216;Worst-Timed Trade In History&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

Bitcoin's Crisis Paradox Decoded: Bitwise CIO Explains 'Dip Then Rip' Phenomenon

Year-to-date, Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) shares have tumbled despite bullish analyst calls and a packed GTC keynote. On Wednesday, one wealth manager warned the AI trade is overcrowded and ripe for a pullback.
What Happened: On the day when Nvidia and other chip stocks declined, Michael Landsberg, chief investment officer at Landsberg Bennett Private Wealth Management, offered a contrarian view on AI-driven tech stocks.
"I wouldn't buy tech here on the dip," Landsberg told Reuters' Lisa Bernhard, following Nvidia's GTC 2025 keynote. "We're in a trend now where the economy is slowing a bit, there's concern about tariffs, and bluntly, everybody and their brother owns these names. So what&#8217;s happened is there&#8217;s an overexposure to them."
While analysts remain bullish on Nvidia's long-term prospects—citing a robust product roadmap, AI leadership, and strong demand—Landsberg believes the short-term picture tells a different story.&nbsp;
He added that Nvidia CEO Jensen Huang can't simply wave his hand and just kind of get the stock to move higher, noting that macroeconomic pressures and saturation in AI-related holdings are weighing on sentiment.
See Also: <a href="https://www.benzinga.com/tech/25/03/44409577/nvidia-ceo-jensen-huang-shuts-down-rumors-of-intel-foundry-takeover-nobodys-invited-us-to-a-consortium">Nvidia CEO Jensen Huang Shuts Down Rumors Of Intel Foundry Takeover: &#8216;Nobody&#8217;s Invited Us To A Consortium&#8217;</a>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
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<iframe loading="lazy" title="Market Talk: &#039;I wouldn&#039;t buy tech on the dip,&#039; as Nvidia shares fall &#x7C; REUTERS" width="500" height="281" src="https://www.youtube.com/embed/c_ED-bbignI?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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Why It's Important: Landsberg's comments highlight <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40597015/will-nvidia-continue-to-deliver-investors-sweat-over-hyped-up-expectations-and-pote">growing caution around</a> the AI trade, despite Nvidia&#8217;s roadmap extending through 2028 and analysts projecting long-term growth in data center spending.&nbsp;
"There's not really a real impetus to buy," Landsberg said, adding that when growth is slowing and tariffs are looming, there are better places to look—like Europe.
A series of announcements at the GTC AI Conference in San Jose, California did little to boost Nvidia Corp.&#8217;s stock on Tuesday, as shares fell by 3.43% during regular hours.
Since the launch of DeepSeek on Jan. 10, the chipmaker has seen its market <a href="https://in.benzinga.com/25/03/44392370/nvidia-destroys-420-billion-of-investor-wealth-since-deepseek-launch-valuation-hits-a-29-month-low-as-gtc-fails-to-ignite-stock">value shrink by $420 billion</a>.
However, JPMorgan analyst Harlan Sur believes Nvidia continues to lead in AI acceleration, staying one to <a href="https://in.benzinga.com/25/03/44396940/nvidias-ai-reign-extends-to-2028-jpmorgan-says-its-still-1-2-steps-ahead">two steps ahead of its competitors</a>.
Price Action: Despite the recent decline, Nvidia&#8217;s shares have gained 30.04% over the past 12 months. On Wednesday, the stock rose 1.81%, closing at $117.52, and continued climbing 1.08% in after-hours trading to $118.79. Year-to-date, the company&#8217;s shares are down 15.03%, according to <a href="http://pro.benzinga.com/">Benzinga Pro data</a>.
Photo Courtesy: Shutterstock.com
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Media

NVDA

Nvidia Stock Slide Signals Time to Reposition, Says Wealth Manager Michael Landsberg: 'I Wouldn't Buy Tech Here On The Dip'

Operating Highlights for the Fourth Quarter and Full Year of 2024
<ul>
<li>Total vehicle deliveries were 79,250 units for the fourth quarter of 2024, representing a 99.8% year-over-year increase. &nbsp;</li>
<li>Total vehicle deliveries were 222,123 units in 2024, representing an 87.2% year-over-year increase.</li>
</ul>
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">Deliveries</td>
<td colspan="1" rowspan="1">FY2024</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">2024 Q4</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">2024 Q3</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">2024 Q2</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">2024 Q1</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">222,123</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">79,250</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">55,003</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">54,811</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">33,059</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Deliveries</td>
<td colspan="1" rowspan="1">FY2023</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">2023 Q4</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">2023 Q3</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">2023 Q2</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">2023 Q1</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">118,685</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">39,657</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">36,395</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">27,399</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">15,234</td>
</tr>
</tbody>
</table>
</figure>

ZEEKR's Q4 Total Vehicle Deliveries Rose 99.8% Year-Over-Year To 79,250 Units, And 2024 Deliveries Climbed 87.2% To 222,123 Units

ZEEKR Intelligent Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZK#NYSE">ZK</a>) reported quarterly losses of $(0.49) per share which missed the analyst consensus estimate of $(0.04) by 1125 percent. The company reported quarterly sales of $3.12 billion which missed the analyst consensus estimate of $3.18 billion by 1.89 percent.

ZEEKR Intelligent Tech Q4 2024 Adj EPADS $(0.49) Misses $(0.04) Estimate, Sales $3.12B Miss $3.18B Estimate

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the &#8220;Extreme Fear&#8221; zone on Wednesday.
U.S. stocks settled higher on Wednesday, with the S&amp;P 500 surging more than 1% during the session. The Federal Reserve maintained the federal funds rate unchanged at a range of 4.25% to 4.5%, with Chairman Jerome Powell reviving the term "transitory" to describe the potential inflationary effects of new tariffs.
While the Fed still projects two rate cuts in 2025 in its latest dot plot, projections now reflect lower growth and higher inflation, fueling renewed concerns about stagflation.
Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) rose 1.8%, snapping a two-day losing streak, following CEO Jensen Huang&#8217;s keynote speech the previous day. The Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) surged around 7% after CFO Brian West outlined plans to boost aircraft deliveries and reduce first-quarter cash outflows, supported by improved factory efficiency and inventory reductions.
On the economic data front, U.S. mortgage applications declined by&nbsp;6.2%&nbsp;in the second week of March, following a cumulative&nbsp;37%&nbsp;increase from the two prior weeks.
All sectors on the S&amp;P 500 closed on a positive note, with energy, information technology, and consumer discretionary stocks recording the biggest gains on Wednesday.
The Dow Jones closed higher by around 383 points to 41,964.63 on Wednesday. The S&amp;P 500 rose 1.08% to 5,675.29, while the Nasdaq Composite climbed 1.41% at 17,750.79 during Wednesday's session.
Investors are awaiting earnings results from Accenture plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>), Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), and FedEx Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 22.4, the index remained in the &#8220;Extreme Fear&#8221; zone on Wednesday, versus a prior reading of 20.2.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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Photo courtesy: Shutterstock

S&P 500 Surges Over 1% Following Fed Decision: Investor Fear Eases, Greed Index Remains In 'Extreme Fear' Zone

Darden Restaurants, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>) will release its third-quarter financial results, before the <a href="https://www.benzinga.com/quote/DRI/earnings">opening bell, on Thursday, March 20.</a>
Analysts expect the Orlando, Florida-based company to report quarterly earnings at $2.79 per share, up from $2.62 per share in the year-ago period. Darden Restaurants projects quarterly revenue of $3.22 billion, compared to $2.97 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Dec. 19, 2024, the company reported that the second quarter adjusted earnings per share was $2.03, beating the street view of $2.02.
Darden Restaurants shares gained 0.1% to close at $188.15 on Wednesday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> 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 <a href="https://www.benzinga.com/quote/DRI/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>Truist Securities analyst Jake Bartlett maintained a Buy rating and raised the price target from $200 to $212 on March 17, 2025. This analyst has an accuracy rate of 72%.</li>
<li>Raymond James analyst Brian Vaccaro maintained an Outperform rating and increased the price target from $200 to $210 on Jan. 28, 2025. This analyst has an accuracy rate of 80%.</li>
<li>Barclays analyst Jeffrey Bernstein maintained an Overweight rating and boosted the price target from $206 to $230 on Jan. 7, 2025. This analyst has an accuracy rate of 64%.</li>
<li>Oppenheimer analyst Brian Bittner maintained an Outperform rating and increased the price target from $200 to $218 on Jan. 7, 2025. This analyst has an accuracy rate of 66%.</li>
<li>Stifel analyst Chris O'Cull maintained a Buy rating and boosted the price target from $190 to $205 on Dec. 20, 2024. This analyst has an accuracy rate of 75%.</li>
</ul>
Considering buying DRI stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="418" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/20004428/image-168-1024x418.png" alt="" class="wp-image-832798" style="width:595px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/20004428/image-168-1024x418.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/20004428/image-168-300x122.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/20004428/image-168-768x314.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/20004428/image-168.png 1438w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Price Target

Analyst Ratings

Top Wall Street Forecasters Revamp Darden Restaurants Price Expectations Ahead Of Q3 Earnings

Macro Economic Events

Econ #s

Reported Earlier, People's Bank of China Loan Prime Rate Unchanged At 3.10%

Reported Earlier, China Loan Prime Rate 5Y For March Unchanged At 3.60%

Health Care

Press Releases

Black Diamond Therapeutics Presents Real-World Treatment Practices and Patient Outcomes in Newly Diagnosed NSCLC Patients with Non-Classical Mutations at the European Society for Medical Oncology (ESMO) Congress 2024

Black Diamond Therapeutics to Host Webcast Presentation of Initial Phase 2 BDTX-1535 Data in Patients With Recurrent EGFRm NSCLC

Black Diamond Therapeutics Announces Initial Phase 2 Data Demonstrating Robust Anti-tumor Activity of BDTX-1535 in Patients with Recurrent EGFRm NSCLC who Present with a Broad Spectrum of Classical, Non-classical, and C797S Resistance Mutations

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