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The Fund seeks to achieve its investment objective primarily through managed exposure to bitcoin futures contracts. In this manner, the Fund seeks to provide investment results that correspond to the performance of bitcoin. The Fund does not invest directly in bitcoin. Investors seeking a direct investment in bitcoin should consider an investment other than the Fund.

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Solana (CRYPTO: SOL) ganó impulso el miércoles antes del lanzamiento de sus primeros fondos cotizados en bolsa (ETF) de futuros.

Solana (SOL) sube más de 7% antes del lanzamiento de sus primeros ETF de futuros en Nasdaq

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Cathie Wood, la fundadora de Ark Investment Management LLC, predice un repunte de fusiones y adquisiciones tras la victoria del presidente electo de Estados Unidos Donald Trump en las elecciones de 2024.

Cathie Wood: Bitcoin se vuelve más escaso que el oro y subirá en los próximos años

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A memecoin based on Cardinal Secretary of State Pietro Parolin skyrocketed in value Monday, as the key Vatican figure surfaced as a strong contender to succeed the late Pope Francis.
What happened: The Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)-based token POPE was up 770% in the last 24 hours, running into a market capitalization of $260,930, <a href="https://coinmarketcap.com/dexscan/solana/4SY4ets7xtdri5BEucshsLHxJdLWHw6kXbzKoUzEpa3N/">according </a>to CoinMarketCap.
Similarly, a memecoin themed on Cardinal Luis Antonio Tagle, another high-ranking clergy of the Catholic Church, shot up to 1012% in the last 24 hours.
Note that the two tokens operated at a thin liquidity and could only be traded on Raydium, a Solana-based decentralized exchange. Furthermore, CoinMarketCap released a disclaimer stating that the memecoins were yet to be verified and advised traders to DYOR.
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44891685/gary-black-shares-polymarket-data-says-trump-tariffs-have-pushed-odds-of-2025-recession-to-57">Gary Black Shares Polymarket Data, Says Trump Tariffs Have Pushed Odds Of 2025 Recession To 57%</a>
Why It Matters: The rally coincided with growing speculation over who would take the position of the global head of the Catholic Church, which was left vacant <a href="https://www.benzinga.com/news/25/04/44892537/pope-francis-first-south-american-pontiff-and-peoples-pope-dies-at-88">after Pope Francis died at the age of 88</a>.
Cryptocurrency bettors placed the highest odds of 34% in favor of Cardinal Parolin, followed by 23% for Cardinal Tagle, <a href="https://polymarket.com/event/who-will-be-the-next-pope">according </a>to Polymarket. More than $3 million has already been wagered on the outcome.
Moreover, the odds that a European would be the next Pope were 65%, according to a separate betting <a href="https://polymarket.com/event/what-continent-will-next-pope-be-from?tid=1745311546456">contract</a>, while the chances of an Asian becoming the supreme pontiff were 22%.
Notably, Cardinal Parolin is from Italy, while Cardinal Tagle is a Filipino.
Benzinga Note: Investing in meme coins is highly speculative and involves significant risk. Meme coins often lack intrinsic value and are driven by market sentiment, social media trends, and speculative trading.
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Cardinal Pietro Parolin-Themed Coin Skyrockets 770% As Crypto Bettors Think Vatican's Secretary Of State Has Strong Chance Of Succeeding Pope Francis

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COEPTIS Expands Global Reach With High-Tech Facility In India, Targeting AI And Blockchain Breakthroughs

Mercantile Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBWM#NASDAQ">MBWM</a>) reported quarterly earnings of $1.21 per share which beat the analyst consensus estimate of $1.19 by 1.68 percent. This is a 9.7 percent decrease over earnings of $1.34 per share from the same period last year. The company reported quarterly sales of $57.25 million which missed the analyst consensus estimate of $57.43 million by 0.31 percent. This is a 1.68 percent decrease over sales of $58.23 million the same period last year.

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Mercantile Bank Q1 2025 GAAP EPS $1.21 Beats $1.19 Estimate, Sales $57.25M Miss $57.43M Estimate

Chicago Federal Reserve President Austan Goolsbee has underlined the need to wait for policy action on tariffs before jumping to any &#8220;action,&#8221; while agreeing with Treasury Secretary Scott Bessent&#8216;s comments on the central bank&#8217;s independence being like a &#8220;jewel box&#8221; that needs to be preserved.
What Happened: Goolsbee, while talking about preemptive rate cuts <a href="https://www.cnbc.com/video/2025/04/21/watch-cnbcs-full-interview-with-chicago-fed-president-austan-goolsbee.html">on</a> CNBC, reaffirmed Federal Reserve Chairman Jerome Powell&#8216;s stance on waiting for further policy before altering the path of the monetary policy.
&#8220;We&#8217;re getting retaliation announced, we&#8217;re talking about revisiting the tariffs in 90 days, and we don&#8217;t know what the impact on the supply chain is going to be. So I think we want to be a little more the steady hand and trying to figure out the through line before we&#8217;re jumping to action,&#8221; said Goolsbee.
President Donald Trump <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44910907/top-fed-voices-defend-powell-slam-trumps-attack-on-central-bank-independence">called for preemptive rate cuts</a> in a Truth Social post on Monday and heavily criticized Jerome Powell, calling him &#8220;Mr. Too Late&#8221;.
Meanwhile, his cabinet also hinted at ways to fire Powell from his position as the Fed Chair. Last week on Friday, economic adviser Kevin Hassett told the reporters at the White House that Trump and his team would &#8220;<a href="https://www.benzinga.com/25/04/44888232/trumps-top-economic-adviser-kevin-hassett-says-white-house-is-exploring-options-to-fire-fed-chair-jerome-powell-the-president-and-his-team-will-continue-to-study">continue to study</a>&#8221; whether Powell could be fired.
However, Bessent <a href="https://www.bloomberg.com/news/articles/2025-04-17/trump-says-fed-chair-powell-s-termination-can-t-come-fast-enough">told</a> Bloomberg Television last week that Fed independence in deciding on monetary policy was a "jewel box that has got to be preserved." &#8211;
Agreeing with Bessent, Goolsbee said, &#8220;I agree with the Secretary of the Treasury when he said Fed independence is a jewel box that we don&#8217;t want to mess with.&#8221;
&#8220;I&#8217;ve been at the Fed for a little over two years. Before I was ever at the Fed, I would tell you that economists are basically unanimous that Fed independence is critically important. And to see why, just look at the countries where they don&#8217;t have Fed independence. Inflation is higher, unemployment is higher, growth is worse,&#8221; he added.
See Also: <a href="https://www.benzinga.com/25/04/44915795/tom-lee-urges-bessent-and-lutnick-to-put-points-on-the-board-for-a-positive-policy-shock-to-the-stock-market">Tom Lee Urges Bessent And Lutnick To &#8216;Put Points On The Board&#8217; For A &#8216;Positive Policy Shock&#8217; To The Stock Market</a>
Why It Matters: This comes after Powell hinted at no sign of a &#8216;Fed put&#8217; in the near term. He said, &#8220;For the time being, we are well-positioned to wait for greater clarity before considering any adjustments to our policy stance,&#8221; said Powell at the Economic Club of Chicago, Chicago, Illinois, on April 16.
Fed should be &#8220;following its legal mandate, stabilize prices, maximize employment, and it is the conditions that determine what Fed actions are right or not,&#8221; said Goolsbee.
&#8220;The difficult part of a scenario for a central bank is if both sides of the mandate start going wrong at the same time.&#8221;
Price Action: Trump&#8217;s Truth Social post about Powell triggered a selloff on Monday as the S&amp;P 500 index tracked by SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) fell 2.36% and the Nasdaq 100 tracked by Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) slipped 2.46%.
After Monday&#8217;s close, the Nasdaq 100 was down 19.86% from its all-time high of 22,222.61 points. The S&amp;P 500 index was 16.09% lower than its previous record of 6,147.43 points, and the Dow Jones was 18.09% below its 52-week high of 45,073.63 points.
In pre-market on Tuesday, the SPY was up 0.89% and the QQQ advanced 0.91%.
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<li><a href="https://www.benzinga.com/government/regulations/25/04/44895384/dollar-slips-to-a-three-year-low-below-98-mark-higher-rates-are-not-supporting-the-dollar-says-expert">Dollar Slips To A Three-Year Low Below 98-Mark: &#8216;Higher Rates Are Not Supporting The Dollar,&#8217; Says Expert</a></li>
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Photo courtesy: Maxim Elramsisy / Shutterstock.com

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Chicago Fed Chair Goolsbee Agrees With Bessent: 'Fed Independence Is A Jewel Box,' Awaits Tariff Revisit Before 'Jumping To Action'

The &#8220;Buy Bitcoin&#8221; sign, immortalized by Christian Langalis during a live Congressional hearing nearly eight years ago, is back in the spotlight as the top cryptocurrency confronts bearish pressures due to macroeconomic uncertainties.
What happened: Langalis, a then 22-year-old Cato Institute intern, impulsively <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38437196/this-famous-buy-bitcoin-sign-netted-an-intern-1m">drew the placard</a> and held it up behind then-Federal Reserve Chair Janet Yellen during her testimony.
While Langalis was escorted out of the hearing room, his spontaneous act resonated with the cryptocurrency community, with Bitcoin rising nearly 3% that day.
Reflecting on the act, Langalis stated that he had "abused" the reputation of his coworkers and employer, but was pleased that the Bitcoin community saw value in it, according to a video shared by well-known Bitcoin advocate and journalist Pete Rizzo.
The response was so overwhelming that Langalis received 7 BTC in donations.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">7/ Immediately, Christian was escorted out of the hearing Bouncers descended and removed him from the event You can even see him leaving on the livestream&#8230; <a href="https://t.co/zHevNfrg5k">pic.twitter.com/zHevNfrg5k</a>
&mdash; The Bitcoin Historian (@pete_rizzo_) <a href="https://twitter.com/pete_rizzo_/status/1913986489714622706?ref_src=twsrc%5Etfw">April 20, 2025</a></blockquote>
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At the time, Bitcoin traded at around $2,300 apiece. Cut to April 2025, and the leading asset has skyrocketed to $88,213.10, representing a 3735.35% jump.
Moreover, the sign has <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38437196/this-famous-buy-bitcoin-sign-netted-an-intern-1m">gained an artifact-like status</a> in the cryptocurrency world. Last year, Langalis earned a staggering $1.027 million by selling it at an auction.
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44891685/gary-black-shares-polymarket-data-says-trump-tariffs-have-pushed-odds-of-2025-recession-to-57">Gary Black Shares Polymarket Data, Says Trump Tariffs Have Pushed Odds Of 2025 Recession To 57%</a>
Why It Matters: The bold messaging may be more pertinent now than ever, given Bitcoin's extended correction following the January bull run.
President Donald Trump&#8217;s sweeping <a href="https://www.benzinga.com/news/global/25/04/44899617/90-chance-of-recession-due-to-trumps-tariffs-sharp-slowdown-is-coming-economist-says">tariff policies</a> have sent the apex cryptocurrency 19% below its all-time highs, eroding a significant portion of investors&#8217; wealth.&nbsp;
While Bitcoin bull and BitMEX co-founder Arthur Hayes has said that the current market may be the last chance to buy BTC for less than $100,000, the asset's increased correlation with stocks this year, as <a href="https://www.theblock.co/data/crypto-markets/prices">highlighted</a> by The Block, may cause others to see it as a risk-on asset rather than a risk-off.&nbsp;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Like the Easter bunny, bounce bounce bounce bounce bounce! Seriously fam, this might be the last chance you have to buy <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> &lt; $100k &#x1f609;&#x1f609;&#x1f609;&#x1f609;. New essay drops this week about The BBC Bazooka, treasury buy backs. Yaxhtzee <a href="https://t.co/iYCXqGxsws">pic.twitter.com/iYCXqGxsws</a>
&mdash; Arthur Hayes (@CryptoHayes) <a href="https://twitter.com/CryptoHayes/status/1914229735506452547?ref_src=twsrc%5Etfw">April 21, 2025</a></blockquote>
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Price Action: At the time of writing, Bitcoin traded at $88,161.80, up 0.74% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.&nbsp;
Read Next:&nbsp;
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Photo Courtesy: Paopano On Shutterstock.com

'Bitcoin Sign Guy' Once Became A Symbol Of Early BTC Enthusiasm— But Is The 'Buy' Message Relevant In The Current Market?

Pope Francis, revered for his humility, progressive views, and advocacy for the poor, passed away on Monday at the age of 88, prompting an outpouring of tributes from global leaders, tech CEOs, and entertainment figures.
What Happened: The Vatican confirmed that Pope Francis died following a stroke that led to a coma and <a href="https://www.benzinga.com/news/25/04/44892537/pope-francis-first-south-american-pontiff-and-peoples-pope-dies-at-88">eventual heart failure</a>.
As news of his death spread, bells tolled across Catholic churches worldwide, marking the loss of the first Latin American pontiff in history. Vice President JD Vance met the Pope on Sunday.
Tributes flowed from around the globe, with notable figures expressing their condolences.
President Donald Trump on Truth Social wrote, &#8220;Melania and I will be going to the funeral of Pope Francis, in Rome. We look forward to being there!&#8221;
<figure class="wp-block-image aligncenter size-large is-resized"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22034553/Screenshot-2025-04-22-at-1.15.48%E2%80%AFPM-1024x505.png" alt="" class="wp-image-881222" style="width:457px;height:auto" /><figcaption class="wp-element-caption">Source: Truth Social</figcaption></figure>
See Also: <a href="https://www.benzinga.com/25/04/44914995/nvidia-dropped-nearly-5-on-monday-after-report-surfaced-chinas-huawei-is-mass-shipping-ai-chips-but-bernstein-analyst-says-i-dont-see-why-it-matters-they-cant-compete-anyway">Nvidia Stock Fell Nearly 5% On Monday After Huawei Mass Shipping AI Chips In China Report Surfaced, But Bernstein Analyst Says It Doesn&#8217;t Matter: &#8216;They Can&#8217;t Compete Anyway</a>
In January, Pope Francis criticized Trump's plans to significantly ramp up immigration enforcement across the U.S. in the days following his inauguration.
King Charles, former U.S. Presidents Joe Biden and Barack Obama, and former Canadian Prime Minister Justin Trudeau all expressed sorrow.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The King's message following the death of Pope Francis. <a href="https://t.co/tnwvSoXcMh">pic.twitter.com/tnwvSoXcMh</a>
&mdash; The Royal Family (@RoyalFamily) <a href="https://twitter.com/RoyalFamily/status/1914256295651066006?ref_src=twsrc%5Etfw">April 21, 2025</a></blockquote>
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In the tech world, Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) CEO Tim Cook called Pope Francis' life one of &#8220;extraordinary grace and deep compassion.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Joining people around the world in mourning Pope Francis today. He lived a life of extraordinary grace and deep compassion. May he rest in peace. <a href="https://t.co/JDSOGe9z3j">pic.twitter.com/JDSOGe9z3j</a>
&mdash; Tim Cook (@tim_cook) <a href="https://twitter.com/tim_cook/status/1914319193987826180?ref_src=twsrc%5Etfw">April 21, 2025</a></blockquote>
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Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) CEO Sundar Pichai and Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) President Brad Smith praised his humility and commitment to social justice.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We join the world in mourning Pope Francis. He led the Catholic Church with humility and strength, and his message of unification across faiths and backgrounds will endure. May he rest in peace.
&mdash; Sundar Pichai (@sundarpichai) <a href="https://twitter.com/sundarpichai/status/1914343358178132138?ref_src=twsrc%5Etfw">April 21, 2025</a></blockquote>
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Pope Francis&#39; unwavering compassion, humility, and commitment to social justice have inspired millions around the world. He will be deeply missed.
&mdash; Brad Smith (@BradSmi) <a href="https://twitter.com/BradSmi/status/1914393129823953032?ref_src=twsrc%5Etfw">April 21, 2025</a></blockquote>
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Comedian Jimmy Fallon also shared his condolences, reflecting on their meeting last year.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">It was an honor meeting Pope Francis last summer. I'm glad I made you laugh. Thank you for your encouraging words. Rest in peace. <a href="https://t.co/u5QqeUNLDM">pic.twitter.com/u5QqeUNLDM</a>
&mdash; Jimmy Fallon (@jimmyfallon) <a href="https://twitter.com/jimmyfallon/status/1914343995242619010?ref_src=twsrc%5Etfw">April 21, 2025</a></blockquote>
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Why It&#8217;s Important: Cardinals were scheduled to meet on Tuesday to organize Pope Francis&#8217; funeral, which is expected to draw leaders from around the globe, ahead of next month&#8217;s conclave to choose a new leader for the Roman Catholic Church, reported Reuters.
Read More:
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<li><a href="https://benzinga.com/news/25/04/44735140/most-people-dont-have-the-balls-to-do-it-says-mark-cuban-praising-musk-for-going-all-in-with-his-own-money-f" target="_blank" rel="noreferrer noopener">‘Most People Don&#8217;t Have The B&#x2A;&#x2A;ls To Do It,&#8217; Says Mark Cuban, Praising Musk For Going ‘All In&#8217; With His Own Money For His Startups</a></li>
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: AM113 / Shutterstock.com

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Pope Francis, The People's Pope, Dies At 88: Tributes Pour In From Trump, King Charles, Tim Cook, Joe Biden, Jimmy Fallon, And More

National Economic Council (NEC) Director Kevin Hassett anticipates the GOP tax bill will be approved by Congress by the start of summer.
What Happened: Hassett informed journalists at the White House of his expectations for the tax bill. He stated, &#8220;The hope is that the tax bill will be passed by the summer, early summer and so things are moving very, very quickly.&#8221; Hassett expects to "finalize the president's thoughts on the tax agenda" by next week, <a href="https://www.politico.com/news/2025/04/18/moving-very-very-quickly-hassett-predicts-tax-bill-passes-by-summer-00298446">reported </a>POLITICO.
Hassett&#8217;s timeline aligns with House Speaker Mike Johnson&#8216;s aspirations to pass President Donald Trump&#8216;s policy agenda by Memorial Day. However, this is an ambitious goal, considering the significant differences between Senate and House Republicans&#8217; proposals to extend trillions of dollars in expiring tax cuts from Trump&#8217;s first term.
The GOP legislation also aims to deliver on Trump&#8217;s campaign promises by eliminating taxes on tips, overtime pay, Social Security benefits, and implementing other new tax cuts. These tax provisions are included in the &#8220;one big beautiful bill&#8221; that Trump envisions, which also covers energy, border, and defense policies — along with potential significant spending cuts that may affect Medicaid.
Last week,&nbsp;House Republicans passed a budget blueprint for the legislation before heading out of Washington for recess. Hassett also mentioned that the &#8220;Big Six&#8221; group, which includes himself,&nbsp;Johnson, Senate Majority Leader John&nbsp;Thune (R-S.D.), Treasury Secretary Scott&nbsp;Bessent, Senate Finance Chair Mike&nbsp;Crapo (R-Idaho),&nbsp;and House Ways and Means&nbsp;Chair Jason Smith (R-Mo.),&nbsp;has been holding regular meetings to discuss the details of Trump&#8217;s tax bill.
Why It Matters: President Trump&#8217;s ambitious <a href="https://www.benzinga.com/personal-finance/25/02/44063509/trumps-5-trillion-to-11-trillion-tax-plan-a-boost-for-growth-or-a-path-to-unprecedented-debt">tax plans</a> could reduce federal revenue by $5 trillion to $11.2 trillion over the next decade, potentially increasing the nation&#8217;s debt, estimated the Committee for a Responsible Federal Budget. This plan includes extending tax cuts from the 2017 Tax Cuts and Jobs Act, expanding deductions, and providing targeted tax relief for specific groups.
In&nbsp;<a href="https://www.benzinga.com/personal-finance/25/03/44197826/big-deficits-big-tax-cuts-but-at-what-cost-how-the-fy2025-budget-impacts-everyday-americans">March</a>, Congress found itself in a standoff over the federal budget, with House and Senate Republicans passing different budget measures to advance parts of Trump&#8217;s economic agenda. The impasse sets the stage for a prolonged battle over government spending, tax cuts, and the deficit.
<ul>
<li>READ MORE:&nbsp;<a href="https://benzinga.com/25/04/44914780/michael-saylor-warns-leveraging-ethereum-and-solana-could-lead-to-ftx-terra-luna-like-situationcalls-them-balsa-wood-and-clay-bricks-to-bitcoins-steel" target="_blank" rel="noreferrer noopener">Bitcoin Is Steel, Ethereum And Solana Are Balsa Wood And Clay, Warns Michael Saylor—Strategy Chair Says Leveraging ETH, SOL Could Lead To &#8216;Catastrophe&#8217; &#8211; Grayscale Ethereum Mini Trust (ETH) Common u</a></li>
</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.

Personal Finance

Congress Could Greenlight Trump's 'Big Beautiful' Tax Bill By Summer: 'Things Are Moving Very, Very Quickly,' Says Hassett

General

Telix Pharmaceuticals Reaffirms FY25 Revenue Outlook Of $770M - $800M

CNBC commentator Jim Cramer has voiced concerns that the stringent China policy of the Trump administration is adversely affecting tech behemoths Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>).
What Happened: On Monday, Cramer pointed out that the Trump administration appears to prioritize cutting off China over advancing U.S. interests.  He stated that the government seems to be biased against these companies, particularly due to their connections with China, as <a href="https://www.cnbc.com/2025/04/21/jim-cramer-how-trumps-china-stance-harms-nvidia-and-apple.html">reported </a>by CNBC. 
The Mad Money host suggested that the White House believes Nvidia isn&#8217;t doing enough to prevent China from acquiring its products. Apple, which has substantial business operations in China, is also &#8216;caught in the crosshairs&#8217; of the trade war.
"Until Trump became president, our policy was peaceful co-existence and commerce with China, even if they didn't play by the rules on trade," stated Cramer. 
Jim Cramer says the White House wants Apple to manufacture its products in the U.S. or not at all. However, he disagrees with that stance, arguing it's unwise to restrict a company that consistently produces popular and innovative products.
Despite the current challenges, Cramer indicated that he just &#8216;trimmed&#8217; positions in Nvidia and Apple for the CNBC Investing Club&#8217;s Charitable Trust, expressing hope that the Trump administration might ease some of its harsher policies if conditions worsen.
SEE ALSO: <a href="https://benzinga.com/news/25/04/44891213/joe-rogan-paints-a-picture-of-trump-in-between-golf-swings-hes-on-the-phone-with-other-presidents-were-going" target="_blank" rel="noreferrer noopener">Joe Rogan Paints A Picture Of Trump: In Between Golf Swings, He&#8217;s On The Phone With Other Presidents: &#8216;We&#8217;re Going To Need More Money!&#8217;</a>
Why It Matters: Earlier this month, Cramer criticized the Trump administration&#8217;s <a href="https://www.benzinga.com/25/04/44642302/jim-cramer-slams-trumps-new-tariffs-despite-calling-himself-pro-tariff-labels-it-a-manmade-disaster">tariff policies </a>as a &#8220;manmade disaster&#8221; leading to a stock market downturn. He had also warned that heavily shorted stocks like <a href="https://www.benzinga.com/25/04/44787213/jim-cramer-predicts-short-sellers-to-attack-nvidia-and-apple-after-a-rally-only-way-they-can-get-out-of-this-mess">Nvidia and Apple</a> could face further downward pressure from short sellers.
Moreover, Cramer had expressed concerns about Nvidia&#8217;s transformation into a <a href="https://www.benzinga.com/markets/25/04/44882720/jim-cramer-calls-nvidia-a-meme-stock-that-needs-to-be-trimmed-you-cant-own-it-like-you-used-to">&#8220;meme stock&#8221;</a> due to U.S. export restrictions. This concern was further amplified when Nvidia&#8217;s stock <a href="https://www.benzinga.com/25/04/44914995/nvidia-dropped-nearly-5-on-monday-after-report-surfaced-chinas-huawei-is-mass-shipping-ai-chips-but-bernstein-analyst-says-i-dont-see-why-it-matters-they-cant-compete-anyway">fell nearly 5%</a> following reports of Huawei ramping up AI chip production in China, despite a Bernstein analyst&#8217;s dismissal of its significance.
Interestingly, Apple and Nvidia, each, announced $500 billion investment, in the U.S. over the next four years to boost domestic manufacturing, a move which President Donald Trump hailed. While Apple&#8217;s investment includes a massive factory in Texas for artificial intelligence servers, Nvidia plans to use the investment towards making an AI supercomputer in the U.S.
Benzinga Edge Stock Rankings highlight momentum and growth rankings for Apple in the 69th and 45th percentiles, respectively. Curious how other stocks stack up? <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Click here</a> to uncover growth and momentum scores for top stocks.
Over the past month, the shares of Apple lost nearly 12.5%, while Nvidia declined more than 20% during the same period.
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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.

Tech

NVDA

Nvidia And Apple 'Caught In The Crosshairs' Of Trump's Trade War With China, Says Jim Cramer: 'Until Trump Became President...'

Telix Pharmaceuticals Posts Q1 Revenue Increase Of 62% To $186M

Consumers are increasingly turning to comfort foods, with frozen pizza sales experiencing a significant surge, a trend some experts view as a potential indicator of shifting consumer behavior amid growing economic uncertainty.
What Happened:&nbsp;Consumers are reaching for more frozen pizza, especially the premium option, amid economic unease, according to a <a href="https://www.businessinsider.com/frozen-pizza-sales-recession-indicator-stock-market-crash-consumer-trends-2025-4">report</a> by&nbsp;Business Insider. This pattern has been noted during past economic downturns as well.
Craig Zawada, the Chief Visionary&nbsp;Officer at&nbsp;Pros Holdings, a price optimization firm, clarified&nbsp;that while it may seem&nbsp;paradoxical for consumers to choose high-priced frozen pizzas during a downturn, it&#8217;s a trade-off as they substitute dining out with eating at home. &#8220;This happens every sort of downturn in the economy,&#8221; Zawada said. 
During the 2009 recession and the 2020 pandemic, frozen food sales, particularly frozen pizza, significantly increased. According to market research firm IBISWorld, the U.S. frozen pizza industry generated $6.5 billion in annual revenue in 2024 and remains well above its pre-pandemic level.
See Also:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/04/44901647/not-dogecoin-shiba-inu-heres-why-whales-are-piling-into-fartcoin" target="_blank" rel="noreferrer noopener">Not Dogecoin, Shiba Inu — Here&#8217;s Why Whales Are Piling Into Fart</a><a href="https://benzinga.com/markets/cryptocurrency/25/04/44901647/not-dogecoin-shiba-inu-heres-why-whales-are-piling-into-fartcoin">coin</a>
Why It Matters: As economic anxiety stirs up once again, consumers are leaning towards&nbsp;eating at home and stocking&nbsp;up from the grocery store&#8217;s&nbsp;frozen aisle. This trend is reflective of a more home-centric consumer behavior, driven by factors such as inflation and the ongoing global uncertainty.
The shift in consumer behavior towards home dining and frozen foods is not a new phenomenon. The average person <a href="https://www.benzinga.com/general/restaurants/20/09/17355388/inspired-food-frozen-pizza-exec-talks-state-of-industry-praise-from-dave-portnoy">consumed close to 40 pounds of pizza</a> a year before the COVID-19 pandemic. The pandemic only amplified this trend.
Moreover, recent data showed that <a href="https://www.benzinga.com/economics/macro-economic-events/25/03/44357674/restaurant-sales-sink-recession-warning-or-just-weather-driven-dip">U.S. retail sales only slightly increased</a> in February, falling short of expectations and raising concerns about consumer strength. 
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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.
Image Via Shutterstock

Frozen Pizza Sales Surge, Echoing 2009 Recession Trend As Americans Cut Back On Dining Out Amid Economic Strain

<h3>Companies Reporting Before The Bell</h3>
• Valmont Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMI#NYSE">VMI</a>) is estimated to report quarterly earnings at $4.36 per share on revenue of $976.14 million. 
• Herc Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRI#NYSE">HRI</a>) is expected to report quarterly earnings at $2.21 per share on revenue of $847.18 million. 
• Peoples Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBO#NASDAQ">PEBO</a>) is expected to report quarterly earnings at $0.73 per share on revenue of $113.55 million. 
• Mercantile Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBWM#NASDAQ">MBWM</a>) is likely to report quarterly earnings at $1.19 per share on revenue of $57.70 million. 
• Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) is expected to report quarterly earnings at $6.34 per share on revenue of $17.79 billion. 
• Northern Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTRS#NASDAQ">NTRS</a>) is likely to report quarterly earnings at $1.85 per share on revenue of $1.95 billion. 
• RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) is projected to report quarterly earnings at $1.35 per share on revenue of $19.79 billion. 
• Verizon Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) is estimated to report quarterly earnings at $1.15 per share on revenue of $33.23 billion. 
• Moodys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCO#NYSE">MCO</a>) is estimated to report quarterly earnings at $3.54 per share on revenue of $1.88 billion. 
• Kimberly-Clark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) is estimated to report quarterly earnings at $1.89 per share on revenue of $4.88 billion. 
• Genuine Parts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPC#NYSE">GPC</a>) is estimated to report quarterly earnings at $1.68 per share on revenue of $5.83 billion. 
• Pentair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNR#NYSE">PNR</a>) is estimated to report quarterly earnings at $1.01 per share on revenue of $988.89 million. 
• Quest Diagnostics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DGX#NYSE">DGX</a>) is expected to report quarterly earnings at $2.15 per share on revenue of $2.63 billion. 
• Halliburton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>) is estimated to report quarterly earnings at $0.60 per share on revenue of $5.28 billion. 
• MSCI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSCI#NYSE">MSCI</a>) is projected to report quarterly earnings at $3.91 per share on revenue of $744.21 million. 
• Northrop Grumman (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>) is projected to report quarterly earnings at $6.26 per share on revenue of $9.93 billion. 
• 3M (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) is expected to report quarterly earnings at $1.77 per share on revenue of $5.75 billion. 
• Equifax (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFX#NYSE">EFX</a>) is projected to report quarterly earnings at $1.40 per share on revenue of $1.42 billion. 
• PulteGroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHM#NYSE">PHM</a>) is expected to report quarterly earnings at $2.42 per share on revenue of $3.82 billion. 
• GE Aerospace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) is estimated to report quarterly earnings at $1.26 per share on revenue of $9.00 billion. 
• Elevance Health (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELV#NYSE">ELV</a>) is projected to report quarterly earnings at $11.38 per share on revenue of $46.29 billion. 
• Synchrony Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYF#NYSE">SYF</a>) is estimated to report quarterly earnings at $1.67 per share on revenue of $4.56 billion. 
• Danaher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHR#NYSE">DHR</a>) is expected to report quarterly earnings at $1.64 per share on revenue of $5.58 billion. 
• Lotus Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOT#NASDAQ">LOT</a>) is estimated to report earnings for its fourth quarter. 
• United Community Banks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UCB#NYSE">UCB</a>) is projected to report quarterly earnings at $0.56 per share on revenue of $247.09 million. 
• Invesco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVZ#NYSE">IVZ</a>) is likely to report quarterly earnings at $0.38 per share on revenue of $1.11 billion. 
• Iridium Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IRDM#NASDAQ">IRDM</a>) is estimated to report quarterly earnings at $0.28 per share on revenue of $211.78 million. 
• Hope Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOPE#NASDAQ">HOPE</a>) is expected to report quarterly earnings at $0.19 per share on revenue of $114.97 million. 
• Dime Community Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCOM#NASDAQ">DCOM</a>) is expected to report quarterly earnings at $0.58 per share on revenue of $105.70 million. 
• Old National (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONB#NASDAQ">ONB</a>) is estimated to report quarterly earnings at $0.43 per share on revenue of $478.24 million. 
<h3>Companies Reporting After The Bell</h3>
• SAP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAP#NYSE">SAP</a>) is expected to report quarterly earnings at $1.42 per share on revenue of $9.07 billion. 
• Capital One Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>) is projected to report quarterly earnings at $3.75 per share on revenue of $10.06 billion. 
• Chubb (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CB#NYSE">CB</a>) is estimated to report quarterly earnings at $3.22 per share on revenue of $11.22 billion. 
• Orrstown Financial Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORRF#NASDAQ">ORRF</a>) is estimated to report quarterly earnings at $0.93 per share on revenue of $54.62 million. 
• Pathward Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CASH#NASDAQ">CASH</a>) is expected to report quarterly earnings at $2.78 per share on revenue of $259.27 million. 
• First Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRBA#NASDAQ">FRBA</a>) is expected to report quarterly earnings at $0.39 per share on revenue of $32.78 million. 
• Renasant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNST#NYSE">RNST</a>) is expected to report quarterly earnings at $0.61 per share on revenue of $170.28 million. 
• Steel Dynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) is estimated to report quarterly earnings at $1.85 per share on revenue of $4.24 billion. 
• Intuitive Surgical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>) is estimated to report quarterly earnings at $1.73 per share on revenue of $2.19 billion. 
• EQT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>) is likely to report quarterly earnings at $0.91 per share on revenue of $2.00 billion. 
• Packaging Corp of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKG#NYSE">PKG</a>) is estimated to report quarterly earnings at $2.22 per share on revenue of $2.12 billion. 
• PennyMac Financial Servs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFSI#NYSE">PFSI</a>) is expected to report quarterly earnings at $2.82 per share on revenue of $517.92 million. 
• PennyMac Mortgage IT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PMT#NYSE">PMT</a>) is expected to report quarterly earnings at $0.39 per share on revenue of $92.33 million. 
• QCR Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCRH#NASDAQ">QCRH</a>) is expected to report quarterly earnings at $1.51 per share on revenue of $94.26 million. 
• Hanmi Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAFC#NASDAQ">HAFC</a>) is expected to report quarterly earnings at $0.57 per share on revenue of $63.43 million. 
• Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) is likely to report quarterly earnings at $1.03 per share on revenue of $123.82 million. 
• Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>) is expected to report quarterly earnings at $0.50 per share on revenue of $357.20 million. 
• Baker Hughes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>) is likely to report quarterly earnings at $0.48 per share on revenue of $6.52 billion. 
• Zurn Elkay Water Solns (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZWS#NYSE">ZWS</a>) is estimated to report quarterly earnings at $0.29 per share on revenue of $383.55 million. 
• Usana Health Sciences (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USNA#NYSE">USNA</a>) is expected to report quarterly earnings at $0.74 per share on revenue of $243.08 million. 
• Veritex Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VBTX#NASDAQ">VBTX</a>) is expected to report quarterly earnings at $0.51 per share on revenue of $110.68 million. 
• Enphase Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) is expected to report quarterly earnings at $0.76 per share on revenue of $361.15 million. 
• First Busey (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BUSE#NASDAQ">BUSE</a>) is expected to report quarterly earnings at $0.50 per share on revenue of $117.56 million. 
• West Fraser Timber (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFG#NYSE">WFG</a>) is expected to report quarterly earnings at $0.56 per share on revenue of $1.53 billion. 
• Weatherford International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WFRD#NASDAQ">WFRD</a>) is likely to report quarterly earnings at $0.89 per share on revenue of $1.21 billion. 
• Range Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RRC#NYSE">RRC</a>) is projected to report quarterly earnings at $0.89 per share on revenue of $803.02 million. 
• Agree Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADC#NYSE">ADC</a>) is expected to report quarterly earnings at $1.05 per share on revenue of $166.00 million. 
• National Bank Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NBHC#NYSE">NBHC</a>) is likely to report quarterly earnings at $0.75 per share on revenue of $107.47 million. 
• Brandywine Realty Tr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BDN#NYSE">BDN</a>) is projected to report quarterly earnings at $0.16 per share on revenue of $119.45 million. 
• MIND Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MIND#NASDAQ">MIND</a>) is expected to report quarterly earnings at $0.18 per share on revenue of $12.20 million. 
• Manhattan Associates (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MANH#NASDAQ">MANH</a>) is estimated to report quarterly earnings at $1.13 per share on revenue of $273.47 million. 
• Trustmark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMK#NASDAQ">TRMK</a>) is estimated to report quarterly earnings at $0.82 per share on revenue of $195.35 million. 
• Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) is estimated to report quarterly earnings at $0.46 per share on revenue of $22.46 billion. 
• East West Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWBC#NASDAQ">EWBC</a>) is expected to report quarterly earnings at $2.06 per share on revenue of $652.47 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BUSE

CASH

DCOM

streetTRACKS Dow Jones U.S. Large Cap Value Index Fund

ENPH

EWBC

FRBA

HAFC

HOPE

IRDM

ISRG

MANH

MCRI

MIND

MSCI

NBHC

NTRS

ORRF

PEBO

PEGA

PFSI

QCRH

RNST

STLD

TRMK

USNA

VBTX

WFRD

Earnings Scheduled For April 22, 2025

Wealth manager Ross Gerber issued a warning to the markets in a brief post on X, following President Donald Trump&#8217;s latest attack on the Federal Reserve&#8217;s autonomy.
What Happened: On Monday, the CEO of Gerber Kawasaki, Ross Gerber, posted on X, expressing hope that Federal Reserve Chair Jerome Powell would defend the central bank's independence amid escalating attacks from Trump.
Gerber warns that if Powell resigns, the markets that are already under pressure will spiral further into a prolonged downturn, from where he finds it hard to &#8220;imagine escaping the bear.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Hopefully Powell will stick up for Fed independence, if he resigns it's hard to imagine escaping the bear. &#x1f43b;
&mdash; Ross Gerber (@GerberKawasaki) <a href="https://twitter.com/GerberKawasaki/status/1914390148248453194?ref_src=twsrc%5Etfw">April 21, 2025</a></blockquote>
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This comes hours after CNBC host Jim Cramer raised similar concerns on X, saying that forcing Powell out would lead the S&amp;P to downgrade American debt.
See More: <a href="https://www.benzinga.com/25/04/44914873/walgreens-to-pay-up-to-350m-for-illegal-opioid-prescriptions-doj-says">Dow Plunges Nearly 1,000 Points As Markets Lose Confidence In US Trade Direction Following Bessent&#8217;s Unfulfilled Promises: Report</a>
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">If you want the S&amp;P to downgrade our debt than force out Jay Powell
&mdash; Jim Cramer (@jimcramer) <a href="https://twitter.com/jimcramer/status/1914316029695508511?ref_src=twsrc%5Etfw">April 21, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Both Gerber and Jim Cramer voiced their concerns after Trump took aim at Powell on Truth Social, calling for a preemptive rate cut and labeling the Fed chair "Mr. Too Late" and a "major loser," while <a href="https://www.benzinga.com/government/regulations/25/04/44904179/wall-street-sinks-dollar-slides-as-trump-ramps-up-fed-attacks-whats-driving-markets-monday">rattling the markets</a> in the process. 
Why It Matters: Back in November, Powell <a href="https://www.benzinga.com/economics/macro-economic-events/24/11/41823887/powell-dismisses-talk-of-resignation-after-trump-victory-says-policy-is-still-res">dismissed speculations</a> about stepping down, stating that the president "cannot fire the central banker." When asked if he would resign if pressured, he responded clearly: "No." 
According to analysts, removing Powell from the Fed could have <a href="https://in.benzinga.com/government/regulations/25/04/44896834/dollar-hits-3-year-lows-us-stocks-tumble-as-trump-threatens-to-fire-powell-contrarians-of-the-world-unite">disastrous consequences</a> for the markets, with Alejandro Cuadrado, a strategist at BBVA, saying, &#8220;Independence and credibility are key assets for the Fed and the US. If investors fear the US administration will control the central bank, the impact on confidence would be unprecedented.&#8221;
If Powell were to be fired, Michael Brown, a senior research strategist at PepperStone Group Limited, says, &#8220;the initial reaction would be a huge injection of volatility into financial markets, and the most dramatic rush to the exit from U.S. assets,&#8221; <a href="https://www.marketwatch.com/story/what-the-fire-powell-trade-could-look-like-as-trump-attacks-fed-chair-again-53511c3b">to</a> MarketWatch.
Read More:
<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/04/44909343/speculators-ramp-up-bets-on-who-will-succeed-fed-chair-powell-as-trumps-pressure-campaign-intensifies">Speculators Ramp Up Bets On Who Will Succeed Fed Chair Powell As Trump&#8217;s Pressure Campaign Intensifies</a></li>
</ul>
Photo courtesy: Domenico Fornas / Shutterstock.com

Gerber, Cramer Warn Of Market Fallout If Trump Forces Out Fed Chair Powell

General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) will continue to produce its Ultium architecture-based EVs like the Chevrolet Equinox at its production facility in Ramos Arizpe, Mexico.
What Happened: GM's director of EV operations in Mexico, Adrián Enciso, has shared that the company will continue producing EVs in Mexico, owing to the success of the vehicles produced at the facility, he <a href="https://www.milenio.com/negocios/gm-armado-autos-electricos-detiene-eu">said</a> to the Mexican Spanish-language newspaper Milenio on Monday.
"At this time, GM has no plans to halt or relocate production of any of our EV models made in Mexico," Enciso said. He also hinted at the possibility of GM building other models like the Chevrolet Spark EV at the facility in the future.
Currently, the Ramos Arizpe facility produces the Chevrolet Blazer EV and the Equinox EV. The facility also produces the Cadillac Optiq, as well as the Honda Motor Co., Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>) Prologue, which is based on the same platform as the Equinox EV.
Why It Matters: The news comes amid uncertainty around Donald Trump's auto tariffs, which have caused a lot of uncertainty in the U.S. auto sector. Trump's tariffs have impacted GM, which recently was at risk of <a href="https://www.benzinga.com/news/25/04/44806252/trump-tariffs-could-put-ford-gm-at-high-risk-of-negative-ratings-report">receiving a negative rating</a> from ratings agency S&amp;P.
According to experts, the tariffs could cost the <a href="https://www.benzinga.com/25/04/44756759/new-research-shows-donald-trumps-25-tariffs-could-cost-auto-companies-108billion-report">auto industry over $108 billion</a>, with Detroit-based manufacturers like GM, Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), and Stellantis NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>) nearly $42 billion.
The administration has been on the receiving end of <a href="https://www.benzinga.com/25/04/44729157/michigan-auto-groups-criticize-trump-for-not-halting-auto-tariffs">criticism from Michigan auto groups</a> for the tariffs. The groups say that Trump's tariffs have resulted in uncertainty for employees as well as supply chains.
However, the Trump administration has indicated it is willing to provide <a href="https://www.benzinga.com/25/04/44798727/auto-stocks-rise-on-trumps-comments-about-supporting-us-car-companies-whats-going-on">exemptions to some U.S. automakers</a> as they navigate the new tariff environment and make adjustments to the supply chain.&nbsp;
Price Action: GM has experienced a 13.59% YTD decline in value, currently trading for $44.39, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
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/tech/25/04/44831960/dan-ives-says-tesla-best-positioned-to-deal-with-tariffs-it-will-ultimately-be-finished-cars-vs-auto-parts">Dan Ives Says Tesla &#8216;Best Positioned&#8217; To Deal With Tariffs: &#8216;It Will Ultimately Be Finished Cars Vs Auto Parts&#8217;</a></li>
</ul>
Photo courtesy: Jonathan Weiss / Shutterstock.com

STLA

General Motors Has No Plans To Move EV Production Away From Mexico Despite Tariff Uncertainty

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) has settled a lawsuit with the estate of 72-year-old Clyde Leach, who was killed in an accident when their Tesla Model Y crashed into an Ohio gas station in 2021.
What Happened: A court filing in San Francisco on Monday revealed that Elon Musk's EV giant reached an agreement to settle the lawsuit, which was scheduled to go on trial in April 2026. However, the terms of the settlement weren't made public, according to Reuters.
The lawsuit claimed that Leach's Tesla Model Y experienced ‘sudden acceleration' which led to the vehicle slamming into a gas station pillar. The crash caused the victim blunt force trauma, burns, and other injuries, which led to their death.
Tesla has denied any wrongdoing and claims the Model Y was ‘state-of-the-art' with no manufacturing defects or design problems, the report says. The company has maintained that the crash occurred due to driver error.
Why It Matters: News of the settlement comes in as Tesla crash <a href="https://www.benzinga.com/media/25/03/44409706/tesla-crash-victims-families-demand-accountability-push-for-probes-free-from-elon-musks-interference-we-are-deeply-concerned">victims' families had written</a> to U.S. Transportation Secretary Sean Duffy in March, urging independent probes into the accidents.
"We are deeply concerned that NHTSA&#8217;s oversight of autonomous vehicle systems may be weakened,&#8221; the letter stated. The letter also expressed concerns about Musk's influence within the U.S. government, as the billionaire also heads the DOGE, or Department of Government Efficiency.&nbsp;
Elsewhere, Tesla has been touting its <a href="https://www.benzinga.com/markets/equities/25/04/44834045/tesla-touts-fsd-capabilities-elon-says-predicts-cars-will-soon-drive-itself-right-to-your-house">autonomous driving capabilities</a>, with Musk claiming that a Tesla car will drive itself to people's houses this year. However, experts have <a href="https://www.benzinga.com/25/03/44068902/tesla-fsd-like-a-12-year-old-driving-compared-to-waymo-says-ross-gerber-warning-uber-has-got-to-be-hurting">criticized Tesla's FSD</a> and claim that the system isn't as advanced as Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Waymo.
FSD is crucial for Tesla as the company plans to roll out its Cybercab ride-hailing services in Austin, Texas. However, Donald Trump's tariffs have <a href="https://www.benzinga.com/25/04/44831422/donald-trumps-145-tariffs-on-china-could-disrupt-teslas-cybercab-semi-production-report">reportedly caused a disruption</a> to the company's plans as Cybercab's production has been affected.
Price Action: TSLA is currently trading at $227.50 on the NASDAQ, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
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/tech/25/04/44892165/nio-xpeng-supplier-hesai-group-announces-next-gen-lidar-for-level-3-autonomous-driving">Nio, XPeng Supplier Hesai Group Announces Next-Gen LiDAR For Level 3 Autonomous Driving</a></li>
</ul>
Photo courtesy: Shutterstock

Tesla Settles Lawsuit Over Fatal 2021 Crash Involving Model Y

Fundstart&#8217;s Tom Lee has urged Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick to expedite trade deals for a positive &#8220;policy shock&#8221; to the stock markets.
What Happened: Lee reshared an X post by Charles Gasparino and said, &#8220;White House needs to put points on the board.&#8221;
As explained by Gasparino, &#8220;putting points on the board&#8221; refers to a saying by salesmen when they &#8220;hit a rough spot&#8221; and need to do something about it quickly.
According to Lee and Gasparino, the market has been telling the same to Bessent, Lutnick, and the entire Trump trade negotiation team.
&#8220;They got to cut some deals and let the world know, and they have to do so soon because this could get even uglier,&#8221; Gasparino&#8217;s post added.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This is true &#x1f447; White House needs to put &quot;points on the board&quot; &#8211; this would be a positive &quot;policy shock&quot; <a href="https://t.co/XE4B6oVUi1">https://t.co/XE4B6oVUi1</a>
&mdash; Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) <a href="https://twitter.com/fundstrat/status/1914421616471380033?ref_src=twsrc%5Etfw">April 21, 2025</a></blockquote>
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This comes after the Donald Trump-led administration paused the reciprocal tariffs for 90 days on April 9th, but no negotiated deal with any country has been announced yet.
While the push and pull with China continues, Lee in another X post underscores how <a href="https://www.benzinga.com/25/04/44915033/tom-lee-says-14-trillion-market-meltdown-matches-annual-trade-deficit-presses-white-house-to-fast-track-deals">the markets erased $1.4 trillion</a> on Monday, highlighting the &#8220;White House need for expediency to close these trade deals.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The US 2024 trade deficit for goods was $1.2 trillion. &#8211; the loss in equity market cap today equals 1 "trade deficit" This highlights the White House need for expediency to close these trade deals<a href="https://twitter.com/FundstratCap?ref_src=twsrc%5Etfw">@FundstratCap</a> <a href="https://twitter.com/fs_insight?ref_src=twsrc%5Etfw">@fs_insight</a> <a href="https://twitter.com/hashtag/MondayVibes?src=hash&amp;ref_src=twsrc%5Etfw">#MondayVibes</a> <a href="https://t.co/FYNX8fhF7v">https://t.co/FYNX8fhF7v</a>
&mdash; Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) <a href="https://twitter.com/fundstrat/status/1914452920378019855?ref_src=twsrc%5Etfw">April 21, 2025</a></blockquote>
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See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44892375/dean-of-valuation-aswath-damodaran-warns-buying-the-dip-akin-to-catching-a-falling-knife-says-it-takes-a-stronger-stomach-than-most-have">Dean Of Valuation Aswath Damodaran Warns Buying The Dip Akin To Catching A Falling Knife, Says It Takes A &#8216;Stronger Stomach&#8217; Than Most Have</a>
Why It Matters: On Monday, Trump criticized the Federal Reserve Chairman Jerome Powell and called him "Mr. Too Late,&#8221; igniting concerns about the Fed&#8217;s independence.
Last week on Friday, economic adviser Kevin Hassett told the reporters at the White House that Trump and his team would <a href="https://www.benzinga.com/25/04/44888232/trumps-top-economic-adviser-kevin-hassett-says-white-house-is-exploring-options-to-fire-fed-chair-jerome-powell-the-president-and-his-team-will-continue-to-study">"continue to study"</a> whether Powell could be fired. &#8211;
Trump&#8217;s comments led to a heavy selloff on Wall Street as the S&amp;P 500 index tracked by SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) fell 2.36% and the Nasdaq 100 tracked by Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) slipped 2.46%.
The U.S. Dollar Index Spot fell the most in three years since 2022, whereas the 10-year Treasury yields jumped to 4.42% and the two-year yields were at 3.77%.
Gold prices hit a fresh record of $3,499.92 per ounce amid all the uncertainty.
After Monday&#8217;s close, the Nasdaq 100 was down 19.86% from its all-time high of 22,222.61 points. The S&amp;P 500 index was 16.09% lower than its previous record of 6,147.43 points, and the Dow Jones was 18.09% below its 52-week high of 45,073.63 points.
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Photo courtesy: Maxim Elramsisy / Shutterstock.com

Tom Lee Urges Bessent And Lutnick To 'Put Points On The Board' For A 'Positive Policy Shock' To The Stock Market

Gold prices shattered the $3,500 per ounce mark on Tuesday, reaching a milestone as investors flee to safe-haven assets amid growing economic uncertainty and questions about U.S. monetary policy independence.
What Happened: The precious metal has gained more than 30% this year, demonstrating <a href="https://www.benzinga.com/government/regulations/25/04/44904179/wall-street-sinks-dollar-slides-as-trump-ramps-up-fed-attacks-whats-driving-markets-monday">remarkable resilience despite fluctuations</a> in interest rate expectations, benchmark yields, and inflation data. Monday&#8217;s rally pushed the SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>) up 2.6% to $314.73.
&#8220;Gold&#8217;s &#8216;all-weather&#8217; characteristic signals something that goes beyond economics, politics, and higher-frequency geopolitical developments,&#8221; wrote Mohamed El-Erian, Allianz Chief Economic Advisor, in a Financial Times opinion <a href="https://www.ft.com/content/b5fb1e6b-bb8d-4ab5-9c92-f1f6fc40a54b">piece</a> on Monday.
El-Erian highlighted consistent central bank purchases as a key driver, noting that countries are gradually diversifying reserves away from dollar dominance while exploring alternatives to the dollar-based payments system that has anchored international finance for eight decades.
See Also: <a href="https://www.benzinga.com/25/04/44915033/tom-lee-says-14-trillion-market-meltdown-matches-annual-trade-deficit-presses-white-house-to-fast-track-deals">Tom Lee Says $1.4 Trillion Market Meltdown Matches Annual Trade Deficit, Presses White House To Fast-Track Deals</a>
Why It Matters: The rally intensified after President Donald Trump renewed criticism of Federal Reserve Chair Jerome Powell on Monday, suggesting the possibility of removing him before his term expires in 2026. These remarks raised concerns about the potential politicization of U.S. monetary policy, sending the U.S. Dollar Index to its <a href="https://www.benzinga.com/government/regulations/25/04/44904179/wall-street-sinks-dollar-slides-as-trump-ramps-up-fed-attacks-whats-driving-markets-monday">lowest level since early 2022</a>.
&#8220;What is at stake here is not just the erosion of the dollar&#8217;s dominant role but also a gradual change in the operation of the global system,&#8221; El-Erian warned, adding that while no single currency is poised to replace the dollar, &#8220;an increasing number of little pipes are being built to go around this core.&#8221;
The gold surge coincides with broader market turmoil, as the S&amp;P 500 fell 2.8% to 5,158 on Monday while Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) gained 0.72% to $88,022, mirroring gold&#8217;s momentum as investors seek alternatives to traditional currencies.
Read Next:
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<li><a href="https://benzinga.com/25/04/44855242/charlie-munger-once-highlighted-how-warren-buffetts-lifelong-learning-made-berkshire-hathaways-success-possible-and-the-crucial-lesson-you-can-take-from-it?tblci=GiAShVRBa42nCBtWlx7IMC67Vo2BcWpr85L5I7snseW6sCCN1VcolqTZ7-yIiJzNATDviEo" target="_blank" rel="noreferrer noopener">Charlie Munger Once Said Warren Buffett Is A ‘Learning Machine' And That's What Lies Beneath Berkshire Hathaway's Success From One Decade To Another</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: Domenico Fornas / Shutterstock.com

Commodities

Gold Tops $3,500 As Investors Flee To Safety: Mohamed El-Erian Warns Of Global System Shift Amid Trump-Powell Tensions

Charlie&nbsp;Munger didn't mince words when asked back in 2011 whether Donald&nbsp;Trump belonged in the Oval Office, but the longtime vice-chairman of Berkshire Hathaway did shift his views a few years later.
What Happened: "The last person, almost, I'd want to be president of the United States is Donald&nbsp;Trump," Munger said in a clip of a CNN Business interview, which has now gone viral. Munger bluntly cited "vainglory" and "puffery" as Trump&#8217;s disqualifying traits. Pressed for more, Munger cut the list short: "I could go on and on."
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At the time, Trump was floating a 2012 GOP bid and blanketing cable shows with boasts about his business acumen and doubts about President Barack&nbsp;Obama's birthplace.
See also: <a href="https://www.benzinga.com/personal-finance/25/04/44913214/charlie-munger-said-you-only-have-to-get-rich-once-but-warned-the-first-100k-is-a-btch-and-the-most-important-step-to-building-wealth">Charlie Munger Said &#8216;You Only Have To Get Rich Once&#8217; — But Warned The First $100K Is a &#8216;B&#x2A;tch&#8217; And The Most Important Step To Building Wealth</a>
Munger, famed for his plain‑spoken critiques and partnership with Warren&nbsp;Buffett, saw little overlap between reality‑TV bravado and the sober judgment he believed the presidency demands. "He might be quite decisive," Munger allowed, before adding that he did not regard Trump as "an ideal decision‑maker or a manager of anything."
A U-Turn? In 2017, Munger surprised many by reversing his earlier stance on Trump, telling a Daily Journal annual meeting in Los Angeles that "President Donald&nbsp;Trump is not <a href="https://www.benzinga.com/general/education/24/07/39761038/charlie-munger-said-trump-was-right-on-having-way-more-control-over-our-borders-they-hate-him-s">wrong on everything</a>." He admitted he'd "gotten more mellow," <a href="https://www.benzinga.com/personal-finance/24/07/39936535/roll-with-it-charlie-munger-had-once-said-trump-isnt-wrong-on-everything-what-the-h-ll-youre-not">urged people</a> to tolerate Trump's differences, and quipped, "if there's a little danger, what the hell, you're not going to live forever anyway."
The billionaire investor, <a href="https://www.benzinga.com/news/23/11/35989969/charlie-munger-buffetts-trusted-partner-dies-at-99">who died in 2023</a> at age 99, often warned that ego can cloud judgment. His blunt dismissal of Trump pre‑dates the property mogul's successful 2016 campaign but foreshadowed a deep partisan divide over leadership style and truthfulness.
Photo Courtesy: Kent Sievers on Shutterstock.com
Read next: <a href="https://www.benzinga.com/25/04/44914781/education-dept-to-resume-studentloan-collections-may-5-as-trump-moves-to-ax-the-agency">Linda McMahon Says American Taxpayers No Longer &#8216;Collateral&#8217; As Student Debt Collection Restarts May 5</a>

Politics

Management

Charlie Munger Once Predicted That Trump Could Be 'Quite Decisive' But Still Didn't Want Him To Be President: Here's Why

Lockheed Martin Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) will release earnings results for the first quarter, before the <a href="https://www.benzinga.com/quote/LMT/earnings">opening bell on Tuesday, April 22.</a>
Analysts expect the Bethesda, Maryland-based company to report quarterly earnings at $6.31 per share, down from $6.33 per share in the year-ago period. Lockheed Martin projects to report quarterly revenue at $17.8 billion, compared to $17.2 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On April 17, Lockheed Martin announced that it has named Evan Scott its CFO. Scott succeeds Jesus "Jay" Malave, who advised the company that he was pursuing other opportunities.
Lockheed Martin shares fell 1.2% to close at $458.33 on Monday.
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/LMT/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>Wells Fargo analyst Matthew Akers maintained an Equal-Weight rating and cut the price target from $476 to $432 on April 8, 2025. This analyst has an accuracy rate of 72%.</li>
<li>RBC Capital analyst Ken Herbert downgraded the stock from Outperform to Market Perform and slashed the price target from $550 to $480 on March 27, 2025. This analyst has an accuracy rate of 67%.</li>
<li>B of A Securities analyst Ronald Epstein downgraded the stock from Buy to Neutral and cut the price target from $685 to $485 on March 24, 2025. This analyst has an accuracy rate of 65%.</li>
<li>JP Morgan analyst Seth Seifman maintained an Overweight rating and cut the price target from $540 to $535 on Jan. 30, 2025. This analyst has an accuracy rate of 80%.</li>
<li>Morgan Stanley analyst Kristine Liwag maintained an Equal-Weight rating and slashed the price target from $555 to $525 on Jan. 29, 2025. This analyst has an accuracy rate of 72%.</li>
</ul>
Considering buying LMT stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="577" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22030243/image-38-1024x577.png" alt="" class="wp-image-881131" style="width:602px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22030243/image-38-1024x577.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22030243/image-38-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22030243/image-38-768x433.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22030243/image-38.png 1103w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
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Photo via Shutterstock

Price Target

Pre-Market Outlook

Analyst Ratings

Top Wall Street Forecasters Revamp Lockheed Martin Expectations Ahead Of Q1 Earnings

GE Aerospace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) will release earnings results for the first quarter, before the <a href="https://www.benzinga.com/quote/GEV/earnings">opening bell on Tuesday, April 22</a>.
Analysts expect the Evendale, Ohio-based company to report quarterly earnings at $1.27 per share, up from 82 cents per share in the year-ago period. GE Aerospace projects to report quarterly revenue at $9.05 billion, compared to $15.17 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On April 8, GE Aerospace and MTU Maintenance signed an agreement to service GEnx engines at expanded Fort Worth facility.
GE Aerospace shares fell 1.9% to close at $178.35 on Monday.
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/GEV/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>Wells Fargo analyst Matthew Akers maintained an Overweight rating and raised the price target from $203 to $212 on April 15, 2025. This analyst has an accuracy rate of 72%.</li>
<li>Citigroup analyst Andrew Kaplowitz maintained a Buy rating and slashed the price target from $235 to $227 on April 10, 2025. This analyst has an accuracy rate of 78%.</li>
<li>B of A Securities analyst Ronald Epstein maintained a Buy rating and raised the price target from $200 to $225 on Jan. 27, 2025. This analyst has an accuracy rate of 65%.</li>
<li>RBC Capital analyst Ken Herbert maintained an Outperform rating and increased the price target from $200 to $220 on Jan. 24, 2025. This analyst has an accuracy rate of 67%.</li>
<li>UBS analyst Chris Snyder maintained a Buy rating and increased the price target from $215 to $235 on Jan. 24, 2025. This analyst has an accuracy rate of 65%.</li>
</ul>
Considering buying GEV stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="597" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22025116/image-37-1024x597.png" alt="" class="wp-image-881108" style="width:556px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22025116/image-37-1024x597.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22025116/image-37-300x175.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22025116/image-37-768x448.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22025116/image-37.png 1075w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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