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Bilibili is a Chinese online entertainment platform best known for its YouTube-like video-sharing site. Founded in 2009, it initially focused on long-form content centered around anime, comics, and gaming, catering primarily to Gen Z users. Over time, the platform has broadened its content offerings to include a wider range of interests, successfully attracting a more diverse audience beyond the Gen Z demographic.

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China podría mantener sin cambios sus tasas de interés mientras las acciones tecnológicas, incluidas Alibaba (BABA), Baidu y otras, bajan.

¿Qué está pasando con Alibaba (BABA) y otras acciones chinas el martes?

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White House-appointed &#8216;Crypto Czar,&#8217; David Sacks, revealed Tuesday he might not have sold his cryptocurrency holdings if not for government ethics rules.
What Happened: Sacks took to X to criticize the media portrayal of his cryptocurrency moves before joining the administration. He wrote, &#8220;Why does the media always&nbsp;want to portray cryptocurrency in&nbsp;the worst light? I did&nbsp;not "dump" my cryptocurrency; I&nbsp;divested it.&#8221;
Sacks, a long-standing cryptocurrency investor, admitted that he would have &#8220;preferred not to&#8221; offload his stash but 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Why does the media always want to portray crypto in the worst light? I did not "dump" my cryptocurrency; I divested it. Obviously I would have preferred not to, but government ethics rules required it. It's an honor to serve President Trump and the American people. <a href="https://t.co/EIArBKHQM8">pic.twitter.com/EIArBKHQM8</a>
&mdash; David Sacks (@DavidSacks) <a href="https://twitter.com/DavidSacks/status/1902098045942292675?ref_src=twsrc%5Etfw">March 18, 2025</a></blockquote>
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According to the U.S. Office of Government Ethics, officials who are personally invested in cryptocurrencies need to divest their holdings before they can work on cryptocurrency-related policies.
Earlier this month, Sacks confirmed that he had liquidated all his cryptocurrency holdings, including Bitcoin, Ethereum, and Solana, prior to joining the Trump administration. His investment firm, Crypto Ventures, still retains stakes in a few crypto startups, but he no longer has direct exposure to digital assets.
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/25/03/44363340/crypto-leaders-step-up-pressure-on-sec-as-trumps-policies-reshape-regulatory-landscape">Crypto Leaders Step Up Pressure On SEC As Trump&#8217;s Policies Reshape Regulatory Landscape</a>
Why It Matters: Sacks&#8217; divestment from cryptocurrencies has been a topic of discussion since his <a href="https://www.benzinga.com/24/12/42356067/venture-capitalist-david-sacks-appointed-as-white-house-ai-crypto-czar-by-trump">appointment</a> as the &#8216;Crypto Czar&#8217; by President Donald Trump in December 2024. 
Earlier this month, Sacks confirmed that he had <a href="https://www.benzinga.com/news/25/03/44149246/crypto-czar-david-sacks-confirms-selling-all-bitcoin-ethereum-solana-holdings-denies-large-indirect">liquidated all his cryptocurrency holdings</a>, including Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), and Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>), before joining the Trump administration. 
While his investment firm, Crypto Ventures, still retains stakes in a few cryptocurrency startups, Sacks himself doesn&#8217;t have direct exposure to digital assets.
Sacks has been a known Trump loyalist. He, along with well-known venture capitalist Chamath Palihapitiya, <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39239552/trump-declares-himself-crypto-president-after-raising-12m-at-vc-hosted-san-francisco-fundr" target="_blank" rel="noreferrer noopener">hosted a fundraiser at his residence</a>, which ended up collecting $12 million for Trump's presidential campaign last year.
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<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>
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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>

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Trump's Crypto Czar Says He Didn't 'Dump' His Bitcoin and Ethereum But Rather 'Divested'—Though He Would Have 'Preferred Not To'

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BBJP

WisdomTree Trust Japan Total Dividend Fund

Reported Earlier, Japan Adjusted Trade Balance 0.18T Vs. 0.51T Est.; -0.86T Prior

Reported Earlier, Japan Trade Balance For February 584.5B Vs. 722.8B Est.; -2,736.6B (Revised) Prior

Reported Earlier, Japan Exports (YoY) For February 11.4% Vs. 12.1% Est.; 7.1% (Revised) Prior

Reported Earlier, Japan Interest Rate Decision Unchanged At 0.50%

Japan Industrial Production (MoM) For January -1.1% Vs. -1.1% Est.; -0.2% Prior

Security researchers found that the Passwords app introduced with Apple Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) iOS 18 was using unencrypted HTTP connections, exposing users to potential phishing attacks until a quiet fix was issued.
What Happened: Apple's standalone Passwords app, launched with iOS 18 as a more user-friendly alternative to Keychain, had a major security oversight.
For nearly three months, the app was fetching website icons and opening password reset pages using unencrypted HTTP connections.
See Also: <a href="https://www.benzinga.com/media/25/03/44350512/apples-ai-crisis-reaches-boiling-point-ahead-of-top-100-executive-retreat-tim-cook-and-key-execs-called-out-over-siri-failure-by-top-analyst">Apple&#8217;s AI Crisis Reaches Boiling Point Ahead Of Top 100 Executive Retreat — Tim Cook And Key Execs Called Out Over Siri Failure By Top Analyst</a>
The flaw was discovered by security researchers at Mysk, who noticed the app had contacted over 130 websites through insecure channels.&nbsp;
"This left the user vulnerable," the researchers <a href="https://9to5mac.com/2025/03/18/apples-passwords-app-was-vulnerable-to-phishing-attacks-for-nearly-three-months-after-launch/">told</a> 9to5Mac. "An attacker with privileged network access could intercept the HTTP request and redirect the user to a phishing website."
In a demo, Mysk showed how attackers on public networks—like coffee shops or airports—could hijack HTTP requests and redirect users to convincing fake login pages.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
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Apple quietly fixed the vulnerability in iOS 18.2 in December, enforcing HTTPS by default for all connections within the Passwords app. However, the company only disclosed the issue publicly earlier this week.
Apple did not&nbsp;immediately respond to <a href="https://pro.benzinga.com/dashboard">Benzinga's</a> request for comments.
Why It's Important: Earlier this year, Apple also faced criticism for an <a href="https://www.benzinga.com/25/01/42907928/apples-alarm-issue-persists-ios-18-fails-to-fix-the-longstanding-problem-leaving-users-oversleeping">alarm issue</a> that persisted even after the release of iOS 18, leaving users oversleeping due to alarms not functioning correctly.
Additionally, a <a href="https://in.benzinga.com/media/25/02/43963720/apples-ai-dictation-bug-that-replaces-racist-with-trump-sparks-controversy-cupertino-says-its-phonetic-overlap">controversial bug</a> in Apple&#8217;s AI-powered dictation system replaced the word &#8220;racist&#8221; with &#8220;Trump,&#8221; sparking widespread attention. These incidents highlight ongoing challenges Apple faces in maintaining software reliability and security.
In January, Apple released iOS 18.3, which <a href="https://in.benzinga.com/25/01/43257851/ios-183-released-with-urgent-security-fixes-heres-why-every-iphone-user-should-update-immediately">addressed 29 security vulnerabilities</a>, including some that were actively exploited.
Price Action: Apple shares closed Tuesday at $212.69, declining 0.61% during the regular session. However, in after-hours trading, the stock saw a modest increase of 0.15%, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Image via Shutterstock
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/news/legal/25/03/44344993/apple-reportedly-fights-uk-governments-unacceptable-encryption-order-behind-closed-doors-no-press-or-public-allowed" target="_blank" rel="noreferrer noopener">Apple Reportedly Fights UK Government&#8217;s ‘Unacceptable&#8217; Encryption Order Behind Closed Doors — No Press Or Public Allowed</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

AAPL

Apple's New Passwords App Left Users Exposed To Phishing Attacks For Months Due To Serious HTTP Flaw

Cathie Wood, the founder of asset management firm Ark Invest, warned investors Tuesday that most meme coins won't have high worth in the future and "fearsome declines" could be expected.
What happened: During an interview with Bloomberg Podcasts, Wood doubted the sustainability of several new meme coins that have sprung up recently.
"Most of them are not going to be worth very much. We think there are just going to be a few crypto assets that will gain most of the spoils in the entire ecosystem," the seasoned investor said.
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Wood said it's up to the investors to be aware of the risks associated with meme coins, especially after the <a href="https://in.benzinga.com/25/02/44032560/memecoins-like-trump-dogecoin-pepe-not-securities-says-the-sec-but-fraud-related-to-offer-and-sale-subject-to-enforcement">SEC clarified</a> that they do not fall under the purview of federal securities laws.
"What we think will happen is there will be some fearsome declines in the prices of some of these meme assets, and you know there&#8217;s nothing like losing money for people to learn, and they&#8217;ll learn that the SEC regulators are not taking responsibility," Wood added.&nbsp;
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/25/03/44363340/crypto-leaders-step-up-pressure-on-sec-as-trumps-policies-reshape-regulatory-landscape">Crypto Leaders Step Up Pressure On SEC As Trump&#8217;s Policies Reshape Regulatory Landscape</a>
Wood carefully dodged a question on whether President Donald Trump's Official Trump (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>) meme coin will also become worthless, instead predicting that meme coins will end up as "collector's items."&nbsp;
Why It Matters: Wood&#8217;s views were intriguing, given that she stated in January that the TRUMP meme coin launch may represent the <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43200287/cathie-wood-was-asked-if-she-would-buy-trump-coin-heres-what-she-said">&#8220;next phase of the cryptocurrency revolution.</a>&#8220;
Wood's firm Ark Invest has avoided meme coin investments, and she clarified earlier that their focus was on the "Big Three," namely Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), and Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>).
Premier cryptocurrency exchanges like Coinbase said last month that they'd follow a <a href="https://in.benzinga.com/25/02/43841212/coinbase-ceo-brian-armstrong-open-to-memecoins-even-if-they-are-low-quality-we-believe-in-free-market-capitalism">market-driven strategy for meme coins</a>, allowing users to trade even "low quality" tokens if they desired.&nbsp;
Image via Shutterstock
Read Next:&nbsp;
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<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>

$TRUMP

TRUMP

Cathie Wood Believes Most Memecoins Will Face 'Fearsome Declines,' But They Could End Up Becoming Collector's Items

Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) is betting big on embodied AI, with a generalist robot brain that mimics human cognition and could help fill a growing labor gap.
What Happened: At <a href="https://in.benzinga.com/tech/25/03/44383445/nvidia-ceo-jensen-huang-announces-gm-partnership-the-time-for-autonomous-vehicles-has-arrived">GTC 2025 in San Jose</a>, Nvidia announced Groot N1, a new foundation model for humanoid robots that CEO Jensen Huang called a major step forward in embodied AI.
Groot N1 <a href="https://www.benzinga.com/news/24/03/37862375/jensen-huang-reveals-why-nvidia-is-betting-big-on-humanoid-robot-and-embodied-ai">builds upon Nvidia's</a> Project Groot, which debuted at the company&#8217;s GTC conference last year.
According to Nvidia, Groot N1 features a slow-thinking system that enables robots to understand their surroundings, interpret instructions, and develop action plans. Its fast-thinking system executes these plans, allowing robots to perform tasks, including multi-step object manipulation.
See Also:&nbsp;<a href="https://www.benzinga.com/news/management/25/01/43274796/jensen-huang-loses-20b-in-wealth-how-deepseek-hit-nvidia-stock-and-worlds-richest-people" target="_blank" rel="noreferrer noopener">Jensen Huang Loses $20B In Wealth: How DeepSeek Hit Nvidia Stock And World's Richest People</a>
The model is open source, and Nvidia is also providing simulation frameworks and blueprints to help generate synthetic training data.
"This could very well likely be the largest industry of all," Huang said during his keynote. "By the end of this decade, the world is going to be at least 50 million workers short. We'd be more than delighted to pay them each $50,000 to come to work—we're probably going to have to pay robots $50,000 a year [instead]."
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During the presentation, Nvidia&#8217;s stock fell 2.5%, while the Nasdaq declined 0.2%.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It's Important: During his GTC keynote, Huang also shared his optimistic vision for AI&#8217;s impact across various industries, including physical AI, or robotics.
Huang also presented a chart illustrating the rising demand for Blackwell GPUs, which are just starting to ship, driven by growth in generative AI, agentic AI, and now physical AI.
At the start of his keynote, Huang referenced how GTC has been compared to the &#8220;Woodstock of AI&#8221; in previous years but is now being called the &#8220;Super Bowl of AI.&#8221;
Huang also <a href="https://www.benzinga.com/markets/equities/25/03/44390083/nvidia-ai-boom-just-beginning-as-blackwell-gains-traction-and-rubin-ultra-raises-the-power-bar-says-gene-munster-investors-are-still-skeptical">announced a collaboration</a> with General Motors Co. to advance autonomous vehicle technology.
Price Action: On Tuesday, Nvidia&#8217;s stock dropped 3.43%, closing at $115.43. In after-hours trading, it declined an additional 0.56%, settling at $114.78. Year-to-date, the company&#8217;s shares have fallen 16.54%, according to <a href="http://pro.benzinga.com/">Benzinga Pro</a>.
Check out more of Benzinga&#8217;s Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Image via Shutterstock
Read Next:
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<li><a href="https://www.benzinga.com/24/12/42260222/how-nvidia-ceos-clever-but-nerdy-pick-up-line-turned-a-homework-proposal-into-marriage-while-building-338-trillion-ai-chip-giant-along-the-way" target="_blank" rel="noreferrer noopener">How Nvidia CEO Jensen Huang's Clever Pick-Up Line Turned A Homework Proposal Into Marriage While Building $3.38 Trillion AI Chip Giant Along The Way</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

NVDA

Nvidia Just Unveiled A Humanoid AI Brain Which Allows Robots To Think Slow — Jensen Huang Says, 'This Could Very Well Likely Be The Largest Industry Of All'

Tron (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/trx/usd">TRX</a>) recorded double-digit gains Tuesday after Justin Sun teased the coin's integration with the Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>) blockchain.
What happened: The tenth-largest cryptocurrency popped over 10%, becoming the market's third-biggest gainer over the last 24 hours.
TRX reached a 10-day high of $0.24, while its trading volume jumped 54% to over $991 million in the 24-hour period.&nbsp;
TRX&#8217;s surge outperformed other large-cap cryptocurrencies, including Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>), which declined 0.58% and 0.26%, respectively.&nbsp;
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/25/03/44363340/crypto-leaders-step-up-pressure-on-sec-as-trumps-policies-reshape-regulatory-landscape">Crypto Leaders Step Up Pressure On SEC As Trump&#8217;s Policies Reshape Regulatory Landscape</a>
The positive momentum was imparted after Tron founder Justin Sun announced that TRX would have a Solana version.
"TRX will be soon on Solana. Ready to buy and collaborate," Sun said in an X post, piquing the interest of the cryptocurrency community.&nbsp;
As of this writing, it is unclear whether the integration will be performed using a wrapped version of TRX. Sun didn't immediately return Benzinga's request for additional information.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">TRX will be soon on solana. Ready to buy and collaborate &#x1f91d;
&mdash; H.E. Justin Sun &#x1f34c; (@justinsuntron) <a href="https://twitter.com/justinsuntron/status/1901957235695092149?ref_src=twsrc%5Etfw">March 18, 2025</a></blockquote>
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Why It Matters: Wrapped tokens are <a href="https://www.benzinga.com/money/how-to-buy-wrapped-bitcoin-wbtc">tokenized versions</a> of cryptocurrencies operating on blockchains other than their original networks.
TRX was originally an Ethereum-based token, but it later transitioned to its own blockchain in 2018. Having a Solana version might potentially open up new avenues for decentralized finance and increase the coin's liquidity.
Price Action: At the time of writing, TRX was exchanging hands at $0.2425, up 10.16% 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 was down 4.94%.
Photo Courtesy: ddRender on Shutterstock.com
Read Next:&nbsp;
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<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>
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Trading Ideas

$DOGE

$TRX

Justin Sun Says 'Ready To Buy And Collaborate' In Solana Integration Tease, Tron Rallies 10%

The Bank of Japan unanimously voted Wednesday to maintain its benchmark interest rate at 0.5%, as policymakers weigh potential economic impacts from U.S. tariff policies under President Donald Trump&#8216;s administration while monitoring domestic inflation that remains above target.
What Happened: The decision comes as Japan&#8217;s Nikkei 225 index rose 0.62% to 38,081.23, while the yen held relatively steady at 149.31 against the dollar.
&#8220;Japan&#8217;s economy has recovered moderately, although some weakness has been seen in part,&#8221; the BOJ said in its statement, noting that underlying inflation pressures continue with consumer prices rising at 3.0-3.5% recently, well above the central bank&#8217;s 2% target.
The central bank highlighted &#8220;high uncertainties&#8221; surrounding Japan&#8217;s economic outlook, specifically mentioning &#8220;evolving situation regarding trade and other policies in each jurisdiction.&#8221;
See Also: <a href="https://www.benzinga.com/news/econ-s/25/03/44386583/speculators-trim-2025-rate-cut-bets-ahead-of-march-fed-meeting-as-inflation-risks-rise">Speculators Trim 2025 Rate-Cut Bets Ahead Of March Fed Meeting As Inflation Risks Rise</a>
Why It Matters: The BOJ&#8217;s cautious stance mirrors market uncertainties ahead of Wednesday&#8217;s Federal Reserve meeting, where U.S. policymakers are <a href="https://in.benzinga.com/analyst-ratings/analyst-color/24/11/42030455/should-you-subscribe-to-ntpc-green-energy-ipo-check-analysts-calls-latest-gmp">expected to hold rates steady</a> while potentially raising inflation forecasts to account for new tariffs.
Fed funds futures currently indicate expectations for three rate cuts by December, though analysts are increasingly skeptical about this timeline. Speculators have trimmed rate-cut bets, with Kalshi market data showing the most favored scenario now anticipates just two cuts, <a href="https://in.benzinga.com/news/econ-s/25/03/44386583/speculators-trim-2025-rate-cut-bets-ahead-of-march-fed-meeting-as-inflation-risks-rise">carrying a 24% probability</a>.
The yen, which experienced sharp volatility last year including a 38-year low against the dollar in July 2024, has stabilized somewhat following the BOJ&#8217;s rate <a href="https://www.benzinga.com/markets/asia/24/09/40951221/bank-of-japan-leaves-interest-rate-at-0-25-diverging-from-feds-50-basis-point-cut">increase to 0.25% last July</a>. 
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</ul>
Image Via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Asia

Federal Reserve Next Up As Japan Maintains Rates Despite Inflation And Trump Tariff Concerns

After months of investor frustration, Samsung Electronics Co.'s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>) leadership is once <a href="https://in.benzinga.com/markets/25/03/44372197/samsung-chairman-urges-execs-to-embrace-death-defying-mindset-amid-ai-challenges-says-company-is-facing-a-do-or-die-issue">again on the defensive</a>—this time pledging bold moves to recover lost ground in AI and chip dominance.
What Happened: On Wednesday, At the company's annual shareholder meeting in Suwon, South Korea, Samsung co-CEO Han Jong-hee issued another public apology, reported Reuters.
&#8220;First and foremost, I sincerely apologize for the recent stock performance not meeting your expectations. Over the past year, our company failed to adequately respond to the rapidly evolving AI semiconductor market,&#8221; Han stated.
See Also:&nbsp;<a href="https://www.benzinga.com/25/02/43646615/top-analyst-says-metas-ai-push-could-add-100-per-share-while-tesla-faces-ev-headwindswhy-hes-still-bullish-on-musks-robotics-vision" target="_blank" rel="noreferrer noopener">Meta's AI Push Could Add $100 Per Share While Tesla Faces EV Headwinds: Top Analyst</a>
He said the company will also adjust its supply chain strategy in response to global trade dynamics, including U.S. tariffs.
Han also promised that Samsung would pursue "meaningful" mergers and acquisitions to spark growth.
Why It's Important: Samsung has lost ground to rivals like SK Hynix and Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) in key semiconductor segments, especially high-bandwidth memory chips used by Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) for AI applications.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
This is Samsung's second public apology in five months.
&#8220;We have caused concerns about our fundamental technological competitiveness and the future of the company due to our performance falling short of the market's expectations," the company said in a statement released in October. &#8220;Many people are talking about Samsung's crisis. We, who are leading the business, are responsible for all of this.&#8221;
Samsung&#8217;s <a href="https://in.benzinga.com/news/earnings/25/01/43382010/samsung-q4-earnings-12-revenue-growth-closes-gap-with-apple-in-premium-phones-eyes-ai-powered-growth-in-2025">fourth-quarter revenue</a> rose 12%, reaching 75.8 trillion Korean won ($52.2 billion). However, due to market conditions, its operating profit dropped 30% quarter-over-quarter to 6.5 trillion Korean won ($4.48 billion).
Image credits: Arcansel on Shutterstock.
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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Disclaimer:&nbsp;This content was partially produced with the help of&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.

SSNLF

Samsung Apologizes Yet Again For AI Missteps, Promises Major Deals As Shareholders Fume Over Plunging Stock: 'Our Company Failed To...'

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk condemned what he called &#8220;extreme domestic terrorism&#8221; on Tuesday after reports emerged of a website publishing personal information of Tesla owners across the United States.
What Happened: &#8220;Encouraging destruction of Teslas throughout the country is extreme domestic terrorism!!&#8221; Musk wrote on X, responding to reports that a site called &#8220;Dogequest&#8221; had published names, addresses, and phone numbers of Tesla owners alongside an interactive map featuring a Molotov cocktail cursor.
The website reportedly demands owners prove they&#8217;ve sold their vehicles to have their information removed, apparently in response to Musk&#8217;s role in President Donald Trump&#8216;s administration.
This incident follows escalating <a href="https://www.benzinga.com/markets/equities/25/03/44295318/marjorie-taylor-greene-demands-fbi-doj-probe-into-organized-attacks-on-teslaquestions-possible-democrat-ngo-ties">anti-Tesla sentiment nationwide</a>. Rep. Marjorie Taylor Greene (R-Ga.) recently called for federal investigation into what she described as &#8220;organized attacks&#8221; on Tesla facilities, citing incidents including damaged charging stations near Boston, gunfire at a Portland dealership, and arson targeting Cybertrucks in Seattle.
In her letter to Attorney General Pam Bondi and FBI Director Kash Patel, Greene questioned potential connections between these incidents and <a href="https://www.benzinga.com/markets/equities/25/03/44295318/marjorie-taylor-greene-demands-fbi-doj-probe-into-organized-attacks-on-teslaquestions-possible-democrat-ngo-ties">Democrat-leaning organizations</a> that &#8220;receive a significant amount of funding from ActBlue.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Encouraging destruction of Teslas throughout the country is extreme domestic terrorism!! <a href="https://t.co/8TCNIbrQxA">https://t.co/8TCNIbrQxA</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1902084259197939834?ref_src=twsrc%5Etfw">March 18, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/25/03/44389799/why-dave-ramsey-says-your-typical-millionaire-may-look-just-like-your-next-door-neighbor">Why Dave Ramsey Says Your &#8220;Typical Millionaire&#8221; May Look Just Like Your Next Door Neighbor</a>
Why It Matters: Public demonstrations against Tesla have grown more common, with investor Ross Gerber sharing footage of protesters outside a <a href="https://www.benzinga.com/markets/equities/25/03/44350195/ross-gerber-shares-peaceful-display-of-distaste-for-elon-musk-in-santa-monica-his-9-year-old-observes-glad-we-dont-have-a-tesla">Tesla store in Santa Monica</a>. Gerber, despite being a long-time investor, has grown increasingly critical of the company, noting Tesla shares remain overvalued &#8220;even after plunging nearly 50% since mid-December.&#8221;
Individual <a href="https://in.benzinga.com/news/25/03/44348055/anti-musk-protester-vandalizes-tesla-cybertruck-with-swastika-shocking-jewish-owner">incidents have also made headlines</a>, including a defaced Cybertruck in New York City. The vehicle&#8217;s owner, Avi Ben Hamo, told The New York Post, &#8220;I feel myself burning inside.&#8221;
The tensions coincide with Musk&#8217;s dual role as Tesla CEO and leader of the Department of Government Efficiency in Trump&#8217;s administration. The company reported its first annual sales decline in 2024, with JPMorgan Chase <a href="https://www.benzinga.com/markets/equities/25/03/44350195/ross-gerber-shares-peaceful-display-of-distaste-for-elon-musk-in-santa-monica-his-9-year-old-observes-glad-we-dont-have-a-tesla">analysts warning Wednesday</a> that Tesla &#8220;lost too much brand value too quickly.&#8221;
Trump purchased a Tesla Model S Plaid during a recent White House event, calling Musk a &#8220;patriot&#8221; who was being &#8220;unfairly maligned&#8221; for his <a href="https://www.benzinga.com/markets/equities/25/03/44268275/trump-buys-tesla-model-s-plaid-gary-black-calls-endorsement-potentially-huge-says-it-could-drive-1-7-million-sales">government efficiency efforts</a>.
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Image Via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

TSLA

Elon Musk Calls It 'Extreme Domestic Terrorism' After Website Publishes Data On US Tesla Owners

U.S. stock markets traded lower on Tuesday as investors awaited the Federal Reserve&#8217;s <a href="https://in.benzinga.com/government/regulations/25/03/44364688/feds-march-meeting-expected-to-signal-no-hurry-on-rate-cuts-as-powell-likely-to-tread-carefully">interest rate decision</a>. The Dow Jones Industrial Average slipped 0.6% to 41,581.31, while the S&amp;P 500 lost nearly 1.1% to 5,614.66. The Nasdaq tumbled 1.7% to 17,504.12.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Nvidia Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)
Nvidia&#8217;s stock closed down 3.43% at $115.43, after reaching an intraday high of $119.02 and a low of $114.54. The stock&#8217;s 52-week range is $75.61 to $153.13. Nvidia CEO Jensen Huang announced a <a href="https://www.benzinga.com/tech/25/03/44383445/nvidia-ceo-jensen-huang-announces-gm-partnership-the-time-for-autonomous-vehicles-has-arrived">partnership with GM</a> to integrate Nvidia&#8217;s Blackwell-based AI technology into self-driving and manufacturing. At GTC 2025, Huang also highlighted the rise of &#8220;physical AI&#8221; and Nvidia&#8217;s growing role in various industries.
Meta Platforms Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)
Meta&#8217;s shares fell 3.73%, closing at $582.36, with an intraday high of $600.25 and a low of $574.66. The stock&#8217;s 52-week high and low are $740.89 and $414.5, respectively. Analysts at Wolfe Research predict that Meta could generate $30-40 billion in revenue from its&nbsp;<a href="https://in.benzinga.com/markets/25/03/44374847/meta-could-rake-in-30-40-billion-in-revenue-from-whatsapp-business-messaging-predicts-analyst">business messaging services</a>, which is currently undervalued by the market.
Sarepta Therapeutics, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRPT#NASDAQ">SRPT</a>)
Sarepta&#8217;s stock plunged 27.44% to close at $73.54, with a high of $81.87 and a low of $73.06, marking a new 52-week low. The decline followed the company&#8217;s report of a patient death after treatment with its&nbsp;<a href="https://in.benzinga.com/25/03/44376919/sarepta-therapeutics-reports-patient-death-post-elevidys-gene-therapy-treatment-stock-plunges">Elevidys gene therapy</a>, the only approved therapy for Duchenne muscular dystrophy.
D-Wave Quantum Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QBTS#NYSE">QBTS</a>)
D-Wave Quantum shares decreased by 3.40%, closing at $10.80, with a high of $11.50 and a low of $9.48. The stock&#8217;s 52-week range is $0.75 to $11.50. The decline occurred as <a href="https://www.benzinga.com/trading-ideas/movers/25/03/44385434/d-wave-quantum-shares-traded-lower-tuesday-what-happened">quantum stocks</a> faced volatility ahead of Nvidia&#8217;s Quantum Day, part of the GPU Technology Conference.
Tesla, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s shares dropped 5.34%, ending the day at $225.31, with an intraday high of $230.10 and a low of $222.28. The 52-week range is $138.80 to $488.54. However, the Elon Musk-led company&#8217;s shares rose in the after-hours trading by almost 1.1%. The decline in regular trading followed the announcement of a <a href="https://in.benzinga.com/news/large-cap/25/03/44389027/tesla-takes-another-hit-with-nvidia-gm-self-driving-partnership">partnership</a> between Nvidia and General Motors on self-driving vehicles, impacting Tesla&#8217;s market position.
Prepare for the day&#8217;s trading&nbsp;<a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a>&nbsp;by Benzinga.
Image via Shutterstock
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

QBTS

SRPT

Nvidia, Meta, Sarepta, D-Wave, And Tesla: Why These 5 Stocks Are On Investors' Radars Today

Investing in the <a href="https://in.benzinga.com/personal-finance/25/03/44287485/peter-lynch-said-theres-always-something-to-worry-about-but-success-in-the-stock-market-depends-on-your-stomach-not-the-brain">stock market</a> is described by some as a <a href="https://in.benzinga.com/25/03/44269039/michael-dell-joins-trump-elon-musk-for-high-stakes-ai-talks-as-dell-eyes-15-billion-in-server-business">high-stakes</a> game, especially when it comes to individual stocks like NVIDIA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>).
Known for its volatility and powerful growth potential, NVDA is a favorite stock among investors seeking considerable returns. Still, with explosive potential comes explosive risk, and the decision to invest a huge amount of money in a single stock requires careful consideration.
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This is the crossroads a Reddit investor found himself at. An NVDA investor with a $130,000 cash reserve and a high-stakes plan to invest heavily in the tech giant, the poster is in his mid-30s and has been holding NVDA shares since 2019. He currently owns 2,100 shares, bought initially for $20,000, which have grown significantly in time.
Over the last two years, the investor has been building his stack of money, which now reached $130,000, waiting for the share to drop below $100 to move $100,000 into the market.
&#8220;I own about 8 stocks total but I really believe NVDA is undervalued right now. Thoughts on this and if I should do it differently?&#8221; he wrote.
His post sparked a lively discussion in the comment section, so let&#8217;s analyze Redditors&#8217; suggestions.
Trending: BlackRock is calling 2025 the year of alternative assets. <a href="https://www.benzinga.com/money/masterworks">One firm from NYC has quietly built a group of 60,000+ investors who have all joined in on an alt asset class previously exclusive to billionaires like Bezos and Gates.</a>
<h2 class="wp-block-heading">$100,000 in NVDA Only? Reddit Debates the Investor&#8217;s Plan</h2>
Diversify Across Multiple Stocks
Many commenters suggested the poster avoid putting the whole $100,000 into NVDA, and instead diversify across several stocks or sectors.
&#8220;Spread it over at least five different stocks. Preferably not all in tech, but also in other fields of business. If AI gets hit hard, at least still make some possible pharmaceutical or retail gains,&#8221; a comment says.
&#8220;Spread it out,&#8221; another user recommended.
One Redditor encouraged the poster to put the money into the market if he has other investments but to avoid going all-in in NVDA.
&#8220;As long as you have other investments then go for it. Just don&#8217;t go all in just into Nvidia. Have a diversified portfolio,&#8221; he said.
A user shared the fact that he agrees with the poster&#8217;s belief in Nvidia, but suggested he split the purchase with a particular fund.
&#8220;I believe in Nvidia&#8217;s fundamentals; however, I don&#8217;t look at my retirement as a gamble or a game. So I personally believe in being well diversified, but if you really believe heavily in Nvidia as many of us do, then allow me to suggest&#8230; When you decide to buy more Nvidia, I&#8217;d split the purchase with the mutual fund [Fidelity Select Electronics Portfolio (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fselx#NASDAQ">FSELX</a>)] to help spread some of the risk out of the sector. My and everyone else&#8217;s return on FSELX over the last five years has been north of 200% so it&#8217;s a solid buy. Just my opinion,&#8221; he wrote.
&#8220;Why not wait until the market reaches the bottom and then make educated decisions? Also, don&#8217;t forget diversification,&#8221; a comment reads.
See Also: Have $200K saved?<a href="https://www.benzinga.com/money/have-200k-saved-heres-how-to-turn-it-into-lasting-wealth"> Here's how to turn it into lasting wealth</a>
Consider Alternative Strategies
Several commenters recommended the investor alternative strategies to mitigate the risks of market timing, including dollar-cost averaging and selling puts to generate revenue while waiting for the $100 entry point.
&#8220;What happens if it doesn&#8217;t reach $100? Is this the only plan for your cash? If so, dollar cost into it in case it never makes it,&#8221; a Redditor suggested.
One commenter recommended a similar approach, advising the investor to split the investment into several buys.
&#8220;Split and buy, maybe in four parts. It is essentially like [dollar-cost averaging], but not exactly. Say your first entry is at $100; however, it does average your cost in case it goes down another 10%-20% below $100. But whatever I do, I'd not rush into entry and wait for a few more weeks,&#8221; the commenter wrote.
Two Redditors came up with a more advanced strategy, suggesting the poster sells puts to generate income.
&#8220;Sell 13 puts now with a $100 strike. That way, if it never gets there, at least you made some money anyway.&#8221;
&#8220;Sell a put, I guess. At least get paid for buying at $100,&#8221; another comment reads.
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Personal Finance

FSELX

Stock Market Timer With $130K Cash Reserve Debates NVDA Investment – 'Should I Do It Differently?' Or Stick To His High-Stakes Plan?

Leading cryptocurrencies moved sideways on Tuesday amid signals that the Ukraine-Russia conflict could be coming to an end.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-0.92%</td>
<td>$83,016.00</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+0.85%</td>
<td>$1,942.30</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-2.66%</td>
<td>$0.1682</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin corrected to an intraday low of $81,179.99 in the early morning hours but staged a recovery past $83,000 overnight after President Donald Trump‘s call with Russian President Vladimir Putin <a href="https://www.benzinga.com/news/global/25/03/44384160/oil-prices-slip-energy-stocks-pause-as-trump-putin-call-signals-ukraine-ceasefire-progress">signaled a Ukraine ceasefire</a>. Ethereum also recouped losses from the morning hours, rising to $1,945.
More than $214 million was liquidated from the market in the last 24 hours, with bullish bets accounting for over $140 million. That said, about $376 million in shorts risked liquidation if Bitcoin reclaimed $85,000.
Additionally, if Bitcoin reclaims $87,000, a further $500 million in shorts would be wiped out.
Bitcoin's Open Interest fell 0.89% in the last 24 hours, mirroring the spot price trajectory. More than 50% of Bitcoin derivatives traders were short on the apex cryptocurrency, according to the Long/Short ratio, suggesting further downsides could be in the works.
The market remained fearful as of this writing, according to the Crypto Fear and Greed Index.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Raydium (RAY)</td>
<td>+20.84%</td>
<td>$2.07</td>
</tr>
<tr>
<td>EOS (EOS)</td>
<td>+20.12%</td>
<td>$0.5976</td>
</tr>
<tr>
<td>Hyperliquid (HYPE)</td>
<td>+9.82%</td>
<td>$14.42</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $2.71 trillion, marking a contraction of 0.96% in the last 24 hours.
Stocks retraced Tuesday after a positive start to the week. The Dow Jones Industrial Average fell 260.32 points, or 0.62%, to close at 41,581.31. The S&amp;P 500 slid 1.07%, ending at 5,614.66, while the tech-focused Nasdaq Composite dropped 1.71% to close at 17,504.12.
The tech stocks correction followed electric vehicle giant Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) 5.34% dump during the session, while Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) closed 3.43% lower.
Investors will likely divert their attention to the <a href="https://www.benzinga.com/25/03/44370387/fed-put-on-standby-while-trump-put-may-be-kaput-analysts-expect-jerome-powell-to-pivot-to-a-measured-stance-amid-economic-uncertainty">Federal Reserve&#8217;s decision on interest rates</a> on Wednesday. The CME FedWatch tool <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">projected</a> a 99% chance of the current 4.25%-4.50% range remaining unchanged.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Noted cryptocurrency analytics firm CryptoQuant highlighted&nbsp; "aggressive" accumulation by high-net-worth Bitcoin holders, or those holding at least 1,000 BTCs
"On-chain data confirms that since November 2024, these wallets have collectively acquired over 1 million BTC," CryptoQuant stated. "If this trend continues, it could act as a key support mechanism for Bitcoin's price in this cycle."
<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 Surge of New Bitcoin Whales "Since November 2024, these wallets have collectively acquired over 1 million BTC&#8230; Their accumulation pace has accelerated notably in recent weeks, accumulating more than 200,000 BTC just this month." – By <a href="https://twitter.com/0nchained?ref_src=twsrc%5Etfw">@0nchained</a> <a href="https://t.co/jVsFPjY8WA">pic.twitter.com/jVsFPjY8WA</a>
&mdash; CryptoQuant.com (@cryptoquant_com) <a href="https://twitter.com/cryptoquant_com/status/1901963647980630398?ref_src=twsrc%5Etfw">March 18, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Widely followed cryptocurrency analyst Ali Martinez reiterated the significance of Bitcoin reclaiming $93,700 as support to justify a rally to a new all-time high of $111,000.
<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">Crucially, reclaiming $93,700 as support could propel <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> toward $111,000. <a href="https://t.co/A1Hyg3cTuB">https://t.co/A1Hyg3cTuB</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1902045013476774376?ref_src=twsrc%5Etfw">March 18, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo by CMP_NZ on Shutterstock
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Bitcoin, Ethereum Flat, Dogecoin Falls Amid Trump-Putin Call: Analyst Says New BTC High At $111,000 Possible If This Happens

Deepwater Asset Management managing partner Gene Munster highlighted five key takeaways from NVIDIA Corp.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) recent keynote presentation, emphasizing that the artificial intelligence buildout remains in its early stages <a href="https://www.benzinga.com/tech/25/03/44383445/nvidia-ceo-jensen-huang-announces-gm-partnership-the-time-for-autonomous-vehicles-has-arrived">despite investor skepticism</a>.
What Happened: CEO Jensen Huang dedicated about a third of his two-hour-plus keynote to emphasizing that the AI infrastructure buildout is still in its early stages, Munster said noting that Nvidia shares traded down 2.5% during the presentation compared to Nasdaq&#8217;s 0.2% decline. &#8220;Investors are still skeptical given NVDA trades at 20x CY26 EPS. I buy it.&#8221;
Munster pointed to Huang&#8217;s confident stance on demand, as evidenced by the Nvidia CEO&#8217;s suggestion that customers need not purchase current-generation Hopper GPUs with Blackwell, which are now available. 
The keynote featured expected product announcements including Blackwell Ultra, Rubin, and co-packaged optics technology that enables data centers to deploy more GPUs.
Nvidia has consistently delivered around a 4x increase in AI computing power across generations, from Hopper in 2022 to Blackwell in 2024 and the anticipated Rubin in 2026. Notably, Gene Munster pointed out that &#8220;Rubin Ultra will require about 4.5x the power compared to Blackwell,&#8221; calling it &#8220;Good for&#8221; Vertiv Holdings Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>).
See Also: <a href="https://www.benzinga.com/25/03/44389618/trump-press-secretary-blasted-by-french-mep-over-statue-of-liberty-reaction-if-hundreds-of-thousands-of-young-americans-had-not-landed-on-our-beaches">Trump Press Secretary Blasted By French MEP Over Statue Of Liberty Reaction: &#8216;If Hundreds Of Thousands Of Young Americans Had Not Landed On Our Beaches&#8230;&#8217;</a>
Why It Matters: During the keynote, Huang <a href="https://www.benzinga.com/news/large-cap/25/03/44389027/tesla-takes-another-hit-with-nvidia-gm-self-driving-partnership">announced a partnership</a> with General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) for autonomous vehicles, declaring &#8220;The time for autonomous vehicles has arrived.&#8221; The collaboration includes factory planning, robotics, advanced driver-assistance systems, and in-cabin safety features built on Nvidia&#8217;s Blackwell architecture.
Munster remained skeptical about GM&#8217;s autonomous driving prospects, writing, &#8220;I&#8217;d be surprised if anything significant comes from GM&#8217;s autonomy efforts, given they <a href="https://www.benzinga.com/tech/24/12/42429588/gms-cruise-exit-draws-sharp-reaction-from-co-founder-kyle-vogt-tesla-ceo-elon-musk-says-autonomous-driving-is-a-very-hard-problem">shut down Cruise back in December</a>.&#8221; Catching up to Alphabet Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Google-backed Waymo and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) is &#8220;difficult in what is largely a winner-takes-most market.&#8221;
Investor focus now shifts to late April earnings reports from Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Alphabet Inc., Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), and Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) for further insights into AI market momentum.
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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.

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Nvidia AI Boom Just Beginning As Blackwell Gains Traction And Rubin Ultra Raises The Power Bar, Says Gene Munster: 'Investors Are Still Skeptical'

On Tuesday, Cathie Wood-led Ark Invest made significant trades involving Tempus AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEM#NASDAQ">TEM</a>), Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), and Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>).
The Tempus AI Trade saw Ark Invest&#8217;s ARK Genomic Revolution ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKG#BATS">ARKG</a>) and ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>) funds acquiring a substantial number of shares in Tempus AI. The funds purchased 28,646 and 142,530 shares respectively. This move comes after Tempus AI&#8217;s <a href="https://in.benzinga.com/news/earnings/25/02/43927560/tempus-ai-q4-earnings-revenue-miss-eps-beat-strong-guidance-shares-move-lower">recent earnings report</a>, which showed a revenue miss but an EPS beat, as detailed in a recent analysis. The stock closed at $45.74, marking an 8.28% decline, making the total value of the shares bought approximately $7.83 million. Ark&#8217;s investment follows a <a href="https://www.benzinga.com/25/03/44293571/cathie-woods-wednesday-moves-ark-pours-1-36-million-into-tempus-ai-shares-following-deep-6-ai-acquisition-offload">previous infusion</a> of $1.36 million into Tempus AI, highlighting their confidence in the company&#8217;s potential.
The AMD Trade involved the ARKK fund purchasing 30,324 shares of the company. The stock closed at $103.51, resulting in a trade value of about $3.14 million. This acquisition aligns with recent insights from analysts who have noted AMD&#8217;s <a href="https://www.benzinga.com/25/03/44274365/amd-ceo-lisa-su-says-ai-boom-is-just-getting-started-and-amds-ready-to-cash-in">growing competitiveness</a> in the AI and GPU markets. The company is expected to experience over 20% growth in 2025, driven by AI advancements and strategic partnerships.
The Meta Platforms Trade saw Ark Invest&#8217;s ARKK fund selling 2,160 shares of the Mark Zuckerberg-led company. The stock closed at $582.36, making the sale worth approximately $1.26 million. This decision comes amid <a href="https://www.benzinga.com/markets/25/03/44374847/meta-could-rake-in-30-40-billion-in-revenue-from-whatsapp-business-messaging-predicts-analyst">analyst predictions</a> that Meta could generate $30-40 billion in revenue from its business messaging services, suggesting potential undervaluation by the market.
Notably, Ark <a href="https://www.benzinga.com/25/03/44368691/cathie-wood-dumps-over-7-million-worth-of-meta-shares-as-mark-zuckerbergs-social-empire-faces-privacy-heat-ark-sells-block-shares-again">dumped over $7 million worth</a> of Meta shares on Monday amid reports that the company&#8217;s global expansion efforts and privacy practices are attracting increased scrutiny.
Other Key Trades:
<ul>
<li>UiPath Inc (PATH): Sold 482,454 shares by ARKK and 27,345 shares by ARKF.</li>
<li>Illumina Inc (ILMN): Sold 86,375 shares by ARKK and 17,469 shares by ARKG.</li>
<li>GitLab Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTLB#NASDAQ">GTLB</a>): Bought 104,699 shares by ARKK and 8,748 shares by ARKW.</li>
<li>Iridium Communications Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IRDM#NASDAQ">IRDM</a>): Bought 99,784 shares by ARKK, 10,022 shares by ARKQ, and 6,585 shares by ARKX.</li>
</ul>
Image via Shutterstock
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

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Cathie Wood's Big Tuesday Bet: Ark Pours $7.8 Million Into Tempus AI Despite Stock Stumble

<a href="https://www.benzinga.com/personal-finance/24/11/42026823/this-is-how-you-get-wealthy-dave-ramsey-details-how-one-move-could-make-you-5-million-by-retirement">Dave Ramsey</a> has made millions as an investor and an author, but you might not know it by looking at him. He once said in a Facebook post "<a href="https://www.facebook.com/daveramsey/posts/most-millionaires-dont-drive-fancy-carsand-that-might-surprise-youthe-truth-is-m/1142002823955997/">Most millionaires</a> don't drive fancy cars—and that might surprise you. The truth is most millionaires live simple, disciplined lives. They don't waste money on luxury cars or big mansions. Instead, they follow a proven plan, avoid debt, and let their wealth grow over time."&nbsp;
The<a href="https://247wallst.com/investing/2024/05/08/8-times-dave-ramsey-nailed-it-with-savings-advice/"> 24/7 Wall Street</a> website also quoted Ramsey as saying, &#8220;A typical millionaire lives in a middle-class house, drives a two-year-old or older car, and buys blue jeans at Walmart.&#8221; It sounds more like Ramsey is describing your door neighbor than a millionaire, but his words are profound. Ramsey knows being worth over $1 million doesn't guarantee a lifetime of financial security, which is also why he's a proponent of developing<a href="https://www.benzinga.com/real-estate/25/03/44292825/heres-how-you-can-earn-100-in-passive-income-by-investing-in-public-storage-stock"> passive income streams</a>.
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Being worth $1 million may have allowed you to live a high lifestyle in the mid to late 20th century, but the relentless march of inflation means $1 million doesn't go nearly as far as it used to. The median American household income is $80,610 per year, according to the<a href="https://www.census.gov/library/publications/2024/demo/p60-282.html"> US Census</a>. So, theoretically, every $1 million you have will allow you to live like an average American for 12 years.
It would take $3 million to go over thirty years without working, but your money won't last nearly that long if you're buying luxury cars, dining out, and living an excessively lavish life. Remember, inflation is going to be climbing for every one of those years, so you don't have much choice about leading a relatively modest lifestyle if you want your money to last.
That assumes your net worth is all cash, which it likely isn't. Most Americans have a significant portion of their net worth tied up in their homes, and the<a href="https://fred.stlouisfed.org/series/MSPUS"> Federal Reserve</a> says the median home sale price for American homes was $419,200 in Q4 2024. However, that includes millions of properties in less expensive regions like the Plains, the South, and the Upper Midwest.
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Median home prices over $1 million are becoming increasingly common in America's major metropolitan areas, especially on the coasts. So, you could be a typical homeowner in Los Angeles or San Francisco and have a net worth that approaches or exceeds $1 million. However, you wouldn't be super rich, and you would have no illusions about the fact that you were not super-rich.
You'd likely be living as frugally as possible to maximize your money. That would mean living in a regular, middle-class house, not a mansion. You would probably drive a slightly older used car and not buy the newest model year as soon as it came out. You might even shop at a Walmart. In other words, your life would sound a lot like the one Ramsey described.
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French MEP Raphael Glucksmann expressed gratitude for American sacrifices during World War II, amidst escalating tensions between the U.S. and EU.
What Happened: On Wednesday, Glucksmann took to X to share his views on the current U.S.-European relations. He referenced a statement made by the White House spokesperson Karoline Leavitt, saying, &#8220;As the press secretary for this shameful Administration said: without your nation, France would have &#8216;spoken German.&#8217; In my case, it goes further: I would simply not be here if hundreds of thousands of young Americans had not landed on our beaches in Normandy.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">2. As the press secretary for this shameful Administration said: without your nation, France would have &quot;spoken German.&quot; In my case, it goes further: I would simply not be here if hundreds of thousands of young Americans had not landed on our beaches in Normandy. <a href="https://t.co/Yy4ELT7OuL">pic.twitter.com/Yy4ELT7OuL</a>
&mdash; Raphael Glucksmann (@rglucks1) <a href="https://twitter.com/rglucks1/status/1901749044268908874?ref_src=twsrc%5Etfw">March 17, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Glucksmann said in the thread on X that European gratitude to American World War II heroes is &#8220;eternal.&#8221; He compared the prevailing policies of the Trump administration toward Russia and Ukraine with the bravery of U.S. heroes during the war.
&#8220;The America of these heroes fought against tyrants, but it did not flatter them. It was the enemy of fascism, not the friend of Putin. It helped the resistance and didn&#8217;t attack Zelensky.&#8221;
See Also: <a href="https://www.benzinga.com/25/03/44368264/toronto-excludes-tesla-from-ev-incentives-amid-trump-tariff-war-mayor-says-dont-count-on-taxpayer-money">Toronto Excludes Tesla From EV Incentives Amid Trump Tariff War: Mayor Says, &#8216;Don&#8217;t Count On Taxpayer Money&#8217;</a>
Why It Matters: This post comes in the wake of Glucksmann&#8217;s controversial suggestion that the US should return the <a href="https://www.benzinga.com/content/44351406/statue-of-liberty-should-be-returned-to-france-french-mep-suggests?utm_source=msn.com&amp;utm_campaign=partner_feed&amp;utm_medium=partner_feed&amp;utm_content=in">Statue of Liberty</a> to France, criticizing the US for aligning with authoritarian leaders and attacking scientific freedom.
The MEP said he was &#8220;petrified&#8221; by Trump&#8217;s &#8220;betrayal.&#8221; and that is why he suggested that the Statue of Liberty be taken back by France &#8220;symbolically.&#8221; Glucksmann termed it a &#8220;wake up call.&#8221;
The tensions between the US and EU have been escalating recently, with Trump threatening to <a href="https://in.benzinga.com/markets/25/03/44301836/trump-warns-of-200-tariff-on-french-champagne-and-eu-spirits-in-retaliation-to-europes-tariff-on-us-whiskey">impose a 200% tariff</a> on EU alcoholic products in response to a 50% tariff on US whiskey by the EU. 
Analysts suggest that Trump&#8217;s unpredictable policies, particularly concerning tariffs and the Russia-Ukraine conflict, are causing a <a href="https://in.benzinga.com/markets/equities/25/03/44214508/trumps-chaotic-policies-may-drive-investors-to-europe-says-analyst-quite-a-shift-in-the-world-order">shift in investment trends</a>, with money flowing out of the U.S. stock market and into Europe.
Image via Shutterstock
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

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