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

Branchout Food (NASDAQ:BOF) Bolsa, Informe de interés en corto

Branchout Food

Branchout Food inc is engaged in the development, marketing, sale, and distribution of plant-based, dehydrated fruit and vegetable snacks and powders. Its products are currently manufactured for the company by contract manufacturers based in South America and North America that produce dehydrated fruit and vegetable products for the company using a new proprietary dehydration technology that it licenses from a third party. The Company's customers are primarily located throughout the United States. Its current primary products are BranchOut Snacks, BranchOut Powders, and BranchOut Industrial Ingredients.

Branchout Food inc

Kyoto Financial Group Inc

<ul>
<li>Participants with abnormal left ventricular mass index (LVMI) at baseline achieved 25% mean reduction in LVMI by 12 months or sooner</li>
<li>Clinically meaningful improvements in majority of participants across cardiac biomarkers and functional measures</li>
<li>All SUNRISE-FA participants achieved meaningful increases in frataxin expression at 3-months post treatment; 115% average cardiac frataxin expression increase in high dose cohort, demonstrating dose response</li>
<li>Frataxin expression and LVMI improvement exceed co-primary target thresholds for planned registrational study</li>
<li>LX2006 generally well tolerated with no signs of complement activation or other immunogenicity to date</li>
</ul>

Biotech

News

Health Care

General

LXEO

Lexeo Therapeutics Announced Interim Data Across All Dose Cohorts Of LX2006 For Friedreich Ataxia Cardiomyopathy. In Both Lexeo-sponsored SUNRISE-FA Phase 1/2 Trial And The Weill Cornell Medicine Investigator-Initiated Phase 1A Trial, LX2006 Showed Clinically Significant Improvements In Cardiac Biomarkers And Functional Measures, And Increased Frataxin Protein Expression Was Observed In All Participants With Cardiac Biopsies

OS Therapies (NYSE-A: OSTX) ("OS Therapies" or "the Company"), a clinical-stage immunotherapy and Antibody Drug Conjugate (ADC) biopharmaceutical company, today announced that it has submitted a request for a formal meeting with the Center for Biologics Evaluation and Research (CBER) of the United States Food &amp; Drug Administration (FDA) to gain alignment on the clinical endpoints required to support Breakthrough Therapy Designation (BTD) and Accelerated Approval via a conditional BLA of investigational off-the-shelf immunotherapy candidate OST-HER2 in the prevention or delay of recurrence of fully resected, lung metastatic osteosarcoma. The meeting is expected to occur in the second quarter of 2025, and thereafter the Company intends to initiate a rolling BLA submission with the potential to receive Accelerated Approval as early as year-end 2025. The Company has sufficient cash on hand to operate into mid-2026.

Government

Regulations

OSTX

OS Therapies Seeks FDA Breakthrough Tag for Osteosarcoma Drug, Eyes 2025 Approval

The apparel industry is bracing for a significant impact as tariffs are set to increase the cost of clothing, potentially ending the era of cheap garments.
What Happened: The Trump administration&#8217;s tariffs are poised to hit the clothing industry particularly hard<a href="https://www.marketplace.org/2025/04/04/tariffs-could-bring-an-end-to-the-days-of-cheap-clothing/">, reported</a> Marketplace on Monday. The majority of clothes and shoes purchased in the U.S. are imported, with a significant portion coming from Southeast Asian countries. These imports are soon to be subject to tariffs exceeding 30%.
When President Trump increased&nbsp;taxes on imports from China&nbsp;during his first term, many apparel companies shifted their operations, particularly to Vietnam, as noted by David Swartz of Morningstar. However, with the new&nbsp;tariffs targeting all U.S. trading&nbsp;partners, companies have no place to escape. &#8220;They&nbsp;cannot move production to other&nbsp;countries to avoid a tariff&nbsp;in one country in any&nbsp;realistic time frame,&#8221; Swartz said.
See Also:&nbsp;<a href="https://benzinga.com/general/market-summary/25/04/44660779/sp-500-dow-jones-on-course-to-mimic-rare-consecutive-losses-not-seen-since-the-great-depre" target="_blank" rel="noreferrer noopener">S&amp;P 500, Dow Jones On Course To Mimic Rare Consecutive Losses Not Seen Since The Great Depression: What&#8217;s Driving the Fear?</a>
Stephen Lamar, head of the American Apparel and Footwear Association, ruled out the possibility of moving garment manufacturing to the U.S., citing a lack of labor, skill sets, infrastructure, and capabilities to scale up production. Denise Green at Cornell University added, &#8220;We&#8217;re not going to be able to buy clothing as inexpensively as we have in the past.&#8221;
Why It Matters: <a href="https://in.benzinga.com/markets/25/04/44656680/trumps-10-tariff-on-most-imports-is-finally-here-taking-effect-saturday">The new tariffs</a>, part of President Trump&#8217;s strategy to stimulate domestic investment by companies seeking to evade import taxes, have sparked a significant market reaction, escalating U.S. duties to their highest level in over a century.
The tariffs have stirred global markets, leading to a <a href="https://in.benzinga.com/media/25/04/44657800/trumps-tariffs-stir-global-markets-wall-street-loses-2-trillion-and-more-this-week-in-economics">loss of $2 trillion</a> on Wall Street. <a href="https://in.benzinga.com/25/04/44660475/more-than-50-nations-ready-to-revisit-tariffs-says-white-house-advisor">Over 50 countries</a>, targets of reciprocal tariffs by the U.S., have since reached out to begin negotiations on the high import tariffs, according to the White House. 
Read Next:
<ul>
<li><a href="https://www.benzinga.com/tech/25/04/44658417/warren-buffett-stands-tall-in-2025-as-elon-musk-jeff-bezos-and-mark-zuckerberg-bleed-billions-in-net-worth-oracle-of-omaha-emerges-as-lone-gainer-among-top-billionaires-amid-market-rout" target="_blank" rel="noreferrer noopener">Warren Buffett Stands Tall In 2025 As Elon Musk, Jeff Bezos And Mark Zuckerberg Bleed Billions In Net Worth: ‘Oracle Of Omaha&#8217; Emerges As Lone Gainer Among Top Billionaires Amid Market Rout</a></li>
</ul>
Image via Shutterstock
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

Markets

Tariffs Threaten To End Era Of Cheap Clothing — Apparel Industry Faces Major Price Shock Under Trump Policy

TCTM Kids IT Education Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCTM#NASDAQ">TCTM</a>) ("TCTM" or the "Company"), a leading provider of IT-focused supplementary STEM education services in China, today announced that it has entered into share purchase agreements with certain investors on April 1, 2025. Under the share purchase agreements, the Company agrees to sell and issue an aggregate of 25,000,000 Class A ordinary shares of the Company for a total purchase price of US$2.0 million. The per share purchase price is approximately US$0.08, which is the closing sale price of the Company's American depositary shares ("ADSs") as reported by Nasdaq on March 31, 2025. Each ADS currently represents five of the Company's Class A ordinary shares.

Offerings

TCTM

TCTM Kids IT To Raise $2M Through 25M Share Sale At $0.08/Share To Boost Growth

TCTM Kids IT Education Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCTM#NASDAQ">TCTM</a>) ("TCTM"&nbsp;or the "Company"), a leading provider of IT-focused supplementary STEM education services in China, today announced that it has entered into an intangible asset purchase agreement&nbsp;with Jeethen International Co., Limited&nbsp;("Jeethen") on April 1, 2025 (the "Agreement"). Under the Agreement, the Company will acquire from Jeethen core algorithms and related software and hardware systems for brain-computer interfaces, valued at US$10.85 million.&nbsp;As consideration, the Company agrees to issue 135,625,000 Class A ordinary shares of the Company&nbsp;to Jeethen. The number of&nbsp;Class A ordinary shares to be issued was determined by dividing the total consideration of US$10.85 million&nbsp;by the per share purchase price of&nbsp;approximately US$0.08, the closing sale price of the Company's American depositary shares ("ADSs") as reported by Nasdaq on March 31, 2025.&nbsp;Each ADS currently represents five&nbsp;of the Company's Class A ordinary shares.

TCTM Kids IT Buys Brain-Computer Interface Tech In $10.85M Deal With Jeethen, Eyes Future In Neural Interfaces

U.S. stock futures fell sharply on Monday after two days of decline last week. Futures of major benchmark indices were over 3% lower in premarket trading.
The selloff that started on Thursday intensified on Friday as China introduced its retaliatory measures to U.S. tariffs. As of Friday, the S&amp;P 500 was nearing the bear market zone as it closed 17.46% lower than its previous record high of 6,147.43 points.
Dow was 14.99% down from its 52-week high of 45,073.63 points, whereas the Nasdaq 100 was already in the bear market territory, 21.71% lower from its high of 22,222.61 points.
The hopes of a Fed &#8216;put&#8217; remained on standby as Jerome Powell said Friday that "It is too soon to say what will be the appropriate path for monetary policy.&#8221;
The 10-year Treasury bond yielded 3.93% and the two-year bond was at 3.51%. However, the CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>&#8216;s projections rose, showing markets pricing a 48.4% likelihood of the Federal Reserve easing the current interest rates in its May meeting. 
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-3.61%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-3.74%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-4.26%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-4.82%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, declined in premarket on Monday. The SPY was down 4.01% to $485.03, while the QQQ declined 4.26% to $404.65, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From Last Session:
U.S. stocks closed Friday lower, with all sectors in the red. Financials, energy, and information technology led the S&amp;P 500 sector declines.
Friday&#8217;s economic data showed strong March nonfarm payroll growth grew 228,000, exceeding expectations, though the unemployment rate unexpectedly rose to 4.2%, and average hourly earnings increased as predicted by 0.3% monthly, and 3.8% year-over-year.
The S&amp;P 500 Index recorded its worst weekly decline since March 2020. With the S&amp;P 500 plunging 10.5% over Thursday and Friday, this marks only the fourth time such a sharp two-day drawdown has occurred in modern market history—joining October 1987, September 2008, March 2020, and now April 2025.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-5.82%</td>
<td>15,587.79</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-5.97%</td>
<td>5,074.08</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-5.50%</td>
<td>38,314.86</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-4.37%</td>
<td>1,827.03</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
The S&amp;P 500 and Dow are showing a worrying pattern of steep, consecutive drops, reminiscent of the Great Depression, according to the experts.
Carson Research&#8217;s chief market strategist, Ryan Detrick, noted on X that a 4% drop in the S&amp;P 500 on Monday would be its third straight over 4% loss, a pattern seen only three times before, all during the Great Depression.
<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">Should the S&amp;P 500 close down 4% tomorrow, that would be three days in a row it was down at least 4%. That has only happened three times in history and all were during the Great Depression. <a href="https://t.co/jEIsgoMl49">pic.twitter.com/jEIsgoMl49</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1909077635960832211?ref_src=twsrc%5Etfw">April 7, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
White Oak Consultancy&#8217;s Jason Goepfert pointed out that Dow futures suggest a third consecutive loss exceeding 3%, a pattern seen only four times during the Great Depression.
The Sentimentrader graph shared by hi, shows varied Dow performance in the weeks and months following these rare historical sell-off signals, highlighting market uncertainty even after such events.
<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">Futures indicate another loss in the Dow Industrials greater than -3%. Futures are finicky, but that&#39;d be its 3rd consecutive loss greater than -3%. Since 1896 &#8211; 129 years of history &#8211; this only occurred during the Great Depression. <a href="https://t.co/egAOcqLBC0">pic.twitter.com/egAOcqLBC0</a>
&mdash; Jason Goepfert (@jasongoepfert) <a href="https://twitter.com/jasongoepfert/status/1909042602210423192?ref_src=twsrc%5Etfw">April 7, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Meanwhile, according to Craig Shapiro from 3-Circle Investments by The Bear Traps Report, the absence of this perceived "Trump put" or "Fed put" could trigger a swift and significant market downturn.
Shapiro argues the market sought assurance from Trump or the Fed, but recent events show both safety nets are further away than expected. He predicts Fed intervention only if the Treasury market becomes unstable.
Shapiro warned, "All this being said, the lack of the ‘put' for now means I think we are going to go significantly lower very quickly until UsT market dysfunction starts and the Fed says ‘no mas' because this will eventually bleed into economic activity and exacerbate the slowdown."
Despite growing skepticism, Stephanie Link, the chief investment strategist and the head of investment solutions at Hightower Advisors, said, &#8220;Buy.&#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">Sentiment is everything. I think I've blocked more angry folks than I've ever have done in the past few days. And I'm just trying to help. Thanks all. Buy.
&mdash; Stephanie Link (@Stephanie_Link) <a href="https://twitter.com/Stephanie_Link/status/1908702854203703670?ref_src=twsrc%5Etfw">April 6, 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/money/how-to-trade-futures">How to Trade Futures </a>
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on this week:
<ul>
<li>On Monday, Fed Governor Adriana Kugler will speak at 10:30 a.m. ET.</li>
</ul>
<ul>
<li>February&#8217;s consumer credit data will be released by 3:00 p.m. ET.</li>
</ul>
<ul>
<li>On Tuesday, the NFIB optimism index for March will be out by 6:00 a.m., and San Francisco Fed President Mary Daly will speak at 8:00 a.m. ET.</li>
</ul>
<ul>
<li>On Wednesday, February&#8217;s wholesale inventories data will be released by 10:00 a.m., and Richmond Fed President Tom Barkin will speak at 11:00 a.m. ET.</li>
</ul>
<ul>
<li>Minutes of Fed&#8217;s March FOMC meeting will be out by 2:00 p.m. ET.</li>
</ul>
<ul>
<li>On Thursday, the initial jobless claims data for the week ended April 5 and the headline and core consumer price index data for March will be announced by 8:30 a.m. ET.</li>
</ul>
<ul>
<li>Fed Governor Michelle Bowman will testify to the Senate, while Kansas City Fed President Jeff Schmid will speak at 10:00 a.m. ET.</li>
</ul>
<ul>
<li>Also, Philadelphia Fed President Patrick Harker and Chicago Fed President Austan Goolsbee will both speak at noon.</li>
</ul>
<ul>
<li>March&#8217;s monthly U.S. federal budget data will be out by 2:00 p.m. ET.</li>
</ul>
<ul>
<li>On Friday, the headline and core producer price index data for March will be released by 8:30 a.m. ET.</li>
</ul>
<ul>
<li>April&#8217;s preliminary consumer sentiment data will be announced, while St. Louis Fed President Alberto Musalem speaks at 10:00 a.m. ET.</li>
</ul>
<ul>
<li>New York Fed President John Williams will speak at 11:00 a.m. ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>Levi Strauss &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEVI#NYSE">LEVI</a>) dropped 4.54% in premarket on Friday ahead of its earnings call after the closing bell. Analysts expect a quarterly earnings of 28 cents per share on revenue of $1.54 million.</li>
</ul>
<ul>
<li>Dave &amp; Buster&#8217;s Entertainment Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) declined 3.36% as Wall Street expects it to report earnings of 71 cents per share on revenue of 550.37 million after the closing bell.</li>
</ul>
<ul>
<li>Greenbrier Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBX#NYSE">GBX</a>) tumbled 14.49% ahead of its earnings call after the closing bell. Analysts expect a quarterly earnings of $1.78 per share on revenue of $898.53 million.</li>
</ul>
<ul>
<li>Chanson International Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHSN#NASDAQ">CHSN</a>) surged 140.07% as it reported a year-over-year increase in FY24 financial results.</li>
</ul>
<ul>
<li>China Pharma Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPHI#NYSE">CPHI</a>) fell 13.91% after reporting a 1-for-10 reverse stock split.</li>
</ul>
<ul>
<li>CECO Environmental Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CECO#NASDAQ">CECO</a>) slumped 54.55% as May River Capital acquired its Global Pump Solutions, including the Dean, Fybroc, and Sethco pump brands, now operating as Tusk Industrial.</li>
</ul>
<ul>
<li>Shell PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHEL#NYSE">SHEL</a>) lost 6.74% after its first quarter 2025 trading update cited higher upstream taxes and increased working capital, offsetting strong gas and oil trading.</li>
</ul>
<ul>
<li>Heavyweights, Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) slid 5.13%, Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) fell 4.34%, Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) was 4.26% lower, Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) dropped 4.40%, and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) plummeted 7.65%.</li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading lower in the early New York session by 3.79% to hover around $59.57 per barrel.
Gold Spot US Dollar declined 0.25% to hover around $3,029.67 per ounce. Its fresh record high stood at $3,168.04 per ounce. The U.S. Dollar Index spot was higher by 0.35% at the 102.660 level.
Asian markets fell sharply on Monday. India's S&amp;P BSE Sensex, Japan's Nikkei 225, Australia's ASX 200, China&#8217;s CSI 300, Hong Kong's Hang Seng, and South Korea's Kospi index fell. European markets also crashed in early trade.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/04/44661029/trump-and-fed-stand-firm-lack-of-a-put-could-drive-the-market-lower-very-quickly-warns-expert">Lack Of &#8216;Trump Put&#8217; Could Drive Market Lower &#8216;Very Quickly,&#8217; Says Expert, As Fed Chair Jerome Powell Stands Ground On Rate Cuts</a></li>
</ul>
Photo courtesy: Shutterstock

Earnings

Macro Notification

Market Summary

Guidance

Futures

Commodities

Treasuries

Economics

Federal Reserve

Pre-Market Outlook

Analyst Ratings

AAPL

AMZN

CECO

CHSN

CPHI

LEVI

MSFT

NVDA

PLAY

SHEL

TSLA

US Stock Futures Slump Following Massive Tariff-Induced Selloff: Experts Warn Of A Brewing 'Great Depression-Like' Pattern

Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Cybertruck, a brainchild of Elon Musk, has been dubbed the auto industry&#8217;s most significant flop in decades, according to a report.
What Happened: The auto industry has seen many infamous flops, including Ford's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) Edsel and Pinto, GM's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) Pontiac Aztek, and the Delorean DMC-12. Now, Musk's Tesla Cybertruck is being added to that list of failures, according to <a href="https://www.forbes.com/sites/alanohnsman/2025/04/03/elons-edsel-tesla-cybertruck-is-the-auto-industrys-biggest-flop-in-decades/">Forbes</a>. Musk&#8217;s angular pickup truck fell short of his ambitious sales target by a massive 84%, with no signs of a turnaround in sight.
The vehicle&#8217;s sales have drastically underperformed Musk&#8217;s predictions, and its quality reputation has been marred by eight recalls within the past 13 months. Despite Musk&#8217;s ambitious forecast of 250,000 annual sales,&nbsp;Tesla managed to sell just under 40,000 Cybertrucks in 2024, its inaugural year on the market. The sales trend has continued to dip in 2025, contributing to a 13% decline in Tesla&#8217;s overall sales in Q1.
Experts explained that the Cybertruck is either too big or doesn&#8217;t meet pedestrian safety regulations in certain countries, limiting its potential for increased sales through exports.
Eric Noble, president of CARLAB, likened the Cybertruck&#8217;s failure to Ford&#8217;s infamous Edsel, stating, &#8220;It's right up there with Edsel&#8221;. &#8220;It&#8217;s&nbsp;a huge swing and a&nbsp;huge miss,&#8221; added Noble. 
The Cybertruck&#8217;s flop is not solely due to poor sales and quality issues but is also attributed to Musk&#8217;s contentious politics and job-cutting role at DOGE, which have incited worldwide Tesla protests.
SEE ALSO:&nbsp;<a href="https://www.benzinga.com/25/04/44644765/tom-lee-predicts-a-market-rebound-after-april-9-as-absurd-tariffs-could-spur-potential-negotiations">Tom Lee Slams Trump&#8217;s &#8216;Absurd&#8217; Tariff Hike — Expects A &#8216;Recovery&#8217; But Says Timing Is Uncertain As Market Sheds $2.5 Trillion In A Day</a>
Why It Matters: Despite Musk&#8217;s claim of over a million reservations for the Cybertruck, Tesla&#8217;s&nbsp;estimates of massive demand has&nbsp;proven to be misguided. The vehicle&#8217;s size and non-compliance with some countries&#8217; pedestrian safety rules have curtailed its potential for overseas sales.&nbsp;Glenn Mercer, the head of Cleveland-based&nbsp;advisory firm GM Automotive, stated, &#8220;They&nbsp;haven't sold a lot and&nbsp;it's unlikely in this case&nbsp;that overseas markets can save&nbsp;them.&#8221;
Further, the Cybertruck&#8217;s sales have been adversely impacted by recall-related fixes, with a starting price of $82,000. Tesla&#8217;s overall sales have also taken a hit this year, with deliveries falling&nbsp;13% in the first quarter&nbsp;to 337,000 units, significantly&nbsp;below consensus expectations of 408,000.
Earlier this year, Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, highlighted Tesla&#8217;s struggling Cybertruck sales in a social media post, noting figures significantly below company projections. &#8220;Tesla has sold only 47k Cybertrucks total according to the recall notice. This is really bad for a product that was supposed to sell 250k units a year,&#8221; Gerber wrote.
Tesla has a momentum rating of 93.32% and a quality rating of 97.03%, according to&nbsp;<a href="https://www.benzinga.com/quote/TSLA" target="_blank" rel="noreferrer noopener">Benzinga&#8217;s Proprietary Edge Rankings</a>. For an in-depth report on more stocks and insights into growth opportunities,&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">sign</a>&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">up for Benzinga Edge.</a>
<ul>
<li>READ MORE:&nbsp;<a href="https://benzinga.com/general/market-summary/25/04/44660779/sp-500-dow-jones-on-course-to-mimic-rare-consecutive-losses-not-seen-since-the-great-depre" target="_blank" rel="noreferrer noopener">S&amp;P 500, Dow Jones On Course To Mimic Rare Consecutive Losses Not Seen Since The Great Depression: What&#8217;s Driving the Fear?</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.

Is Tesla Cybertruck The Biggest Automotive Blunder In Decades After Ford's Edsel? 'It's A Huge Swing And A Huge Miss,' Says Expert

Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) has been identified as a promising investment option by an analyst, demonstrating resilience amid market volatility. 
What Happened: The streaming giant&#8217;s digital, consumer-facing business model and robust value proposition make it a strong contender even during a recession, <a href="https://seekingalpha.com/article/4773216-netflix-one-of-the-only-fast-growing-tariff-shelters">according</a> to Seeking Alpha analyst YR Research. 
Netflix&#8217;s viewership saw a nearly 8% increase in Q1&#8217;25, indicating strong subscriber and revenue growth. Despite its premium trading, current consensus estimates seem conservative, leading to a $1,000 price target based on a 33x multiple on 2026 earnings, the analyst said.
The company&#8217;s growth is driven by its extensive original programming, superior digital platform, and a robust slate of licensed content. Netflix&#8217;s engagement and viewing figures have surpassed other paid streaming platforms, creating a cycle of content and subscriber growth that competitors find challenging to match.
Over the past decade, Netflix&#8217;s EPS has grown at an impressive&nbsp;41% CAGR, and the stock&nbsp;has returned over 1,300%. The company estimates that it has only captured 40% of the total addressable market, indicating significant growth potential.
See Also:&nbsp;<a href="https://benzinga.com/25/04/44660218/commerce-secretary-howard-lutnick-says-army-of-workers-will-build-iphones-in-the-us-but-trumps-tariffs-could-repo" target="_blank" rel="noreferrer noopener">Howard Lutnick Says Army Of Millions Will Build iPhones In The US, But Could Trump&#8217;s Tariffs Make The Premium Apple Flagship Cost $2,300?</a>
Netflix&#8217;s Q1-25 results showed a 7.6% Y/Y increase in Top 10 views, the fastest growth in the company&#8217;s tracking history. The company&#8217;s share of viewing, as measured by Nielsen,&nbsp;reached an all-time high of&nbsp;8.6% in January.
Why It Matters: Global markets have been on a rollercoaster ride due to President Donald <a href="https://in.benzinga.com/media/25/04/44657800/trumps-tariffs-stir-global-markets-wall-street-loses-2-trillion-and-more-this-week-in-economics">Trump'</a><a href="https://in.benzinga.com/media/25/04/44657800/trumps-tariffs-stir-global-markets-wall-street-loses-2-trillion-and-more-this-week-in-economics">s new trade tariffs</a>. The U.S. markets faced a severe downturn as tensions between the U.S. and China escalated following the announcement of new tariffs by President Donald Trump, leading to S&amp;P 500 companies <a href="https://in.benzinga.com/markets/equities/25/04/44655719/trump-tariffs-erode-5-trillion-in-market-cap-in-2-days-as-china-retaliates-jerome-powell-warns-of-inflation">losing $5 trillion</a> in value.
Meanwhile, U.S. stock futures plunged Sunday night, deepening last week's dramatic selloff as the Biden administration held firm on its aggressive new tariff agenda despite intensifying market backlash.
<a href="https://www.benzinga.com/markets/equities/25/04/44659686/stock-futures-tank-dow-sheds-over-1000-points-as-white-house-remains-firm-on-tariffs-trump-says-sometimes-you-have-to-take-medicine">Dow futures sank 1,257 points</a>, or 3.26%, to 37,273, while the S&amp;P 500 futures dropped 190.50 points, or 3.73%, settling at 4,919.75. The tech-heavy Nasdaq-100 took the hardest hit, plunging 807.50 points, or 4.60%, to 16,731.50 at the time of writing.
The U.S. dollar also lost ground, with the Dollar Index slipping 0.23% to 102.79, reflecting growing investor unease as global trade tensions escalate.
Read Next:
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<li><a href="https://www.benzinga.com/25/04/44661746/dow-dips-over-2200-points-investor-sentiment-dips-further-fear-greed-index-remains-in-extreme-fear-zone">Dow Nosedives Over 2,200 Points As Apple, Tesla, Nvidia Plummet: Investor Sentiment Dips Further, Greed Index Remains In &#8216;Extreme Fear&#8217; Zone</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image via Shutterstock

Entertainment

NFLX

Netflix Seen As Safe Bet Amid Market Volatility, Says Analyst: Strong Value, Digital Model Make It Recession-Ready

Trident Digital Tech Holdings Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TDTH#NASDAQ">TDTH</a>) ("Trident" or the "Company"), a Singapore-based leader in digital transformation, technology optimization, and Web 3.0 activation, today announced progress in its pioneering public-private partnership (PPP) with the Democratic Republic of Congo (DRC). This follows a series of engagements in the country during a recent delegation led by Soon Huat Lim, Founder, Chairman, and Chief Executive Officer of Trident, showcasing the transformative potential of the Company's digital identification technology.

TDTH

Trident Digital Makes Inroads In Africa With Congo ID Tech Partnership

Billionaire investor Bill Ackman and CEO of Pershing Square Capital Management, warned Sunday that President Donald Trump&#8216;s sweeping tariff policies are damaging market confidence <a href="https://www.benzinga.com/general/market-summary/25/04/44660779/sp-500-dow-jones-on-course-to-mimic-rare-consecutive-losses-not-seen-since-the-great-depression-whats-driving-the-fear">during a historic global selloff</a>.
What Happened: &#8220;To state the obvious, it does not help our country&#8217;s and our president&#8217;s negotiating position to be trying to strike deals while our market is collapsing,&#8221; Ackman posted on X. &#8220;Whoever is recommending that idea to President Donald Trump should be fired now.&#8221;
When challenged that a 5% market dip demonstrated U.S. seriousness, Ackman replied, &#8220;It is going to be a lot more than 5%.&#8221;
U.S. stock futures continued plummeting Sunday evening, with Dow futures falling over 1,000 points (3.26%) and Nasdaq futures dropping 4.60%. The selloff follows the S&amp;P 500, tracked by SPDR S&amp;P 500&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) worst performance since March 2020, plunging 6% Friday and <a href="https://www.benzinga.com/markets/equities/25/04/44659686/stock-futures-tank-dow-sheds-over-1000-points-as-white-house-remains-firm-on-tariffs-trump-says-sometimes-you-have-to-take-medicine">pushing its two-day losses past 10%</a>.
<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">To state the obvious, it does not help our country's and our president's negotiating position to be trying to strike deals while our market is collapsing. Whoever is recommending that idea to President <a href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw">@realDonaldTrump</a> should be fired now.
&mdash; Bill Ackman (@BillAckman) <a href="https://twitter.com/BillAckman/status/1909025854010818803?ref_src=twsrc%5Etfw">April 6, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/markets/25/04/44660007/mark-cuban-says-between-free-trade-elon-musk-and-full-tariff-trump-it-is-the-president-who-will-win-as-st">Mark Cuban Says Between &#8216;Free Trade&#8217; Elon Musk And &#8216;Full Tariff&#8217; Trump, It Is The President Who Will Win As Stock Futures Tank</a>
Why It Matters: Ackman, who endorsed <a href="https://www.benzinga.com/25/04/44659521/bill-ackman-warns-against-launching-economic-nuclear-war-wants-a-90-day-time-out-on-trump-tariffs">Trump in the 2024 election</a>, called for a 90-day pause on tariff implementation to allow for negotiations. He warned of an &#8220;economic nuclear winter&#8221; if current policies persist, particularly impacting low-income consumers already under economic stress.
Treasury Secretary Scott Bessent has defended the administration&#8217;s stance, attributing the selloff to overvalued technology stocks rather than tariff policy. &#8220;This isn&#8217;t about tariffs, it&#8217;s about a dose of reality in the AI space,&#8221; Bessent claimed.
Trump showed little concern <a href="https://www.benzinga.com/markets/equities/25/04/44660089/japans-nikkei-futures-halted-hang-seng-crashes-8-8-as-global-market-rout-accelerates-on-tariff-shock-analyst-says-trumps-iphone-only-real-circuit-breaker">about market losses on Sunday</a>, stating, &#8220;I don&#8217;t want anything to go down, but sometimes you have to take medicine to fix something.&#8221; 
Meanwhile, venture capitalist Chamath Palihapitiya suggested <a href="https://www.benzinga.com/markets/equities/25/04/44660335/chamath-palihapitiya-warns-fed-and-trump-may-no-longer-rescue-markets-as-bottom-50-of-americans-have-zero-interest-in-stocks">traditional market rescue mechanisms may no longer be politically viable</a>, noting &#8220;the bottom 50% of Americans have zero interest in the stock market.&#8221;
Read Next:
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<li><a href="https://www.benzinga.com/25/04/44659224/billionaire-charlie-munger-said-hed-be-the-richest-man-on-earth-if-he-could-go-back-100-years-and-start-over-i-could-have-done-a-lot-better" target="_blank" rel="noreferrer noopener">Billionaire Charlie Munger Said He'd Be The ‘Richest Man on Earth' If He Could Go Back 100 Years And Start Over — ‘I Could Have Done a Lot Better'</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.

Bill Ackman Blames Market Collapse On Tariff Timing, Says Trump Advisor 'Should Be Fired Now:' Predicts 'A Lot More Than 5%' Dip

Last week, Donald Trump announced <a href="https://in.benzinga.com/25/04/44641631/trumps-reciprocal-tariffs-threaten-to-derail-big-techs-billion-dollar-ai-infrastructure-plans-analysts-warn-stargate-was-already-unlikely-to-get-to-that-scale">"reciprocal" tariffs that have</a> caused significant turbulence in global markets, with the stock prices of major U.S. tech companies, known as the &#8220;Magnificent 7,&#8221; plummeting and wiping out nearly $1.8 trillion in market value.
What Happened: On Sunday, Dan Ives, an analyst from Wedbush Securities, warned that Trump&#8217;s tariffs could severely hinder the U.S. tech sector's growth.
Ives underscored the long-term impact of the trade policies, stating, &#8220;Investors know math and the sad reality&#8221; — suggesting the U.S. tech industry could be set back by a decade if these tariffs remain in place.
<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">If these tariffs (in current form/rates) hold&#8230;it would set the US tech world back a decade in our opinion while China is the clear winner&#8230;the US tech supply chain turned upside down overnight and the cost structure will be untenable. Investors know math and the sad reality.
&mdash; Dan Ives (@DivesTech) <a href="https://twitter.com/DivesTech/status/1908981014141038840?ref_src=twsrc%5Etfw">April 6, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Trump&#8217;s reciprocal tariff strategy, which includes a 10% universal tariff on all imports and additional duties targeting countries like China, India, and the EU, sparked a massive sell-off in the stock market.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/25/04/44640656/apple-making-iphones-in-america-a-fantasy-that-sounds-great-behind-the-microphones-says-top-analyst-dan-ives" target="_blank" rel="noreferrer noopener">Apple Making iPhones In America A Fantasy That Sounds Great ‘Behind The Microphones,' Says Top Analyst Dan Ives</a>
The S&amp;P 500, which represents some of the largest companies in the U.S., <a href="https://in.benzinga.com/markets/equities/25/04/44655719/trump-tariffs-erode-5-trillion-in-market-cap-in-2-days-as-china-retaliates-jerome-powell-warns-of-inflation">lost $5 trillion in market value</a>, with key companies in the tech sector suffering heavy losses.
Their collective market cap erosion of Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Alphabet (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>), Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Nvidia Corp.(NASAQ: NVDA), and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) amounted to a staggering $1.8 trillion, with Apple losing $534 billion alone.
<figure class="wp-block-table"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>Stock Price On Wednesday ($)</th>
<th>Shares Outstanding (Billion)</th>
<th>Stock Price On Friday ($)</th>
<th>Market Cap on Wednesday (Billion $)</th>
<th>Market Cap on Friday (Billion $)</th>
<th>Erosion (Billion $)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Apple</td>
<td>223.89</td>
<td>15.04</td>
<td>188.38</td>
<td>3367.31</td>
<td>2833.24</td>
<td>534.07</td>
</tr>
<tr>
<td>Microsoft</td>
<td>382.14</td>
<td>7.43</td>
<td>359.84</td>
<td>2839.30</td>
<td>2673.61</td>
<td>165.69</td>
</tr>
<tr>
<td>Amazon</td>
<td>196.01</td>
<td>10.6</td>
<td>171.00</td>
<td>2077.71</td>
<td>1812.60</td>
<td>265.11</td>
</tr>
<tr>
<td>Alphabet A</td>
<td>157.04</td>
<td>5.83</td>
<td>145.60</td>
<td>915.54</td>
<td>848.85</td>
<td>66.70</td>
</tr>
<tr>
<td>Alphabet C</td>
<td>158.86</td>
<td>5.50</td>
<td>147.74</td>
<td>873.73</td>
<td>812.57</td>
<td>61.16</td>
</tr>
<tr>
<td>Meta</td>
<td>583.93</td>
<td>2.19</td>
<td>504.73</td>
<td>1278.81</td>
<td>1105.36</td>
<td>173.45</td>
</tr>
<tr>
<td>Nvidia</td>
<td>110.42</td>
<td>24.4</td>
<td>94.31</td>
<td>2694.25</td>
<td>2301.16</td>
<td>393.08</td>
</tr>
<tr>
<td>Tesla</td>
<td>282.76</td>
<td>3.22</td>
<td>239.43</td>
<td>910.49</td>
<td>770.96</td>
<td>139.52</td>
</tr>
</tbody>
</table>
</figure>
Why It Matters: The tariffs have far-reaching consequences, especially for the U.S. tech sector, which relies heavily on global supply chains. Apple, for example, could see the price of an iPhone 16 Pro Max soar <a href="https://www.benzinga.com/tech/25/04/44655937/trump-tariffs-could-spike-iphone-prices-to-almost-2300-if-apple-decides-to-pass-on-the-costs-to-buyers">from $1,599 to around $2,300</a>, according to industry analysts.
Furthermore, the tariffs could push tech companies to reconsider their operations and manufacturing locations. While the U.S. government is betting on reshoring jobs, the increasing cost of labor and the slow pace of manufacturing build-outs could mean limited job growth, particularly with increasing automation.
Ives previously pointed out that <a href="https://in.benzinga.com/25/04/44647999/trumps-tariff-war-could-take-us-tech-industry-back-a-decade-while-china-steam-rolls-ahead-analyst-says">tech earnings would likely decline by 15%</a>, and the price of consumer electronics could rise by up to 50%, burdening American consumers.
Despite a robust U.S. labor market <a href="https://www.benzinga.com/government/regulations/25/04/44647678/nasdaq-100-enters-bear-market-dow-in-correction-territory-as-traders-anxiously-await-powell-remarks">that added 228,000 jobs in March</a>, escalating trade tensions have cast a shadow over the positive economic momentum.
Comparisons to the infamous Smoot-Hawley Tariff Act of 1930 — which deepened the Great Depression — are fueling concerns about the broader global economic outlook.
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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: Shutterstock

Tech

GOOG

GOOGL

Trump's 'Reciprocal' Tariff Threat Wipes Out Nearly $1.8 Trillion From Magnificent 7, Dan Ives Warns It Could Set US Tech Back A Decade: 'Investors Know Math And The Sad Reality'

<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4399416-1&amp;h=2596570876&amp;u=https%3A%2F%2Fwww.ssctech.com%2F%3Futm_campaign%3DSSC2025-Enterprise-Press-Release-0425%26utm_medium%3Dpressrelease%26utm_source%3Dprnews%26utm_content%3DSaudi-Arabia-Office&amp;a=SS%26C+Technologies+Holdings%2C+Inc.">SS&amp;C Technologies Holdings, Inc.</a>&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NASDAQ">SSNC</a>) today announced an expansion of its global footprint by opening a new office in Riyadh,&nbsp;Saudi&nbsp;Arabia. The office will enable SS&amp;C to forge new relationships and work more closely with the Capital Markets Authority and the&nbsp;Saudi&nbsp;Arabian Monetary Agency.&nbsp;
 &nbsp;

SSNC

SS&C Opens Riyadh Office As It Eyes Growth In Middle East Capital Markets

The CNN Money Fear and Greed index showed further decline in the overall market sentiment, while the index remained in the &#8220;Extreme Fear&#8221; zone on Friday.
U.S. stocks settled lower on Thursday, with the Dow Jones index tumbling over 2,200 points during the session.
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares dipped over 10% on Friday, Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) lost 7.4%, while Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) dipped 7.3% during the session.
On the economic data front, in March, nonfarm payrolls surged by 228,000, the Bureau of Labor Statistics reported Friday. The outcome is well above the three-month average of 195,000 and topped economists' forecasts of 135,000. February&#8217;s employment growth was downwardly revised to 117,000. The unemployment rate unexpectedly inched higher from 4.1% to 4.2%, defying expectations for no change. Average hourly earnings increased 0.3% from February's pace, as predicted, and rose 3.8% year-over-year, marginally lower than the 3.9% predicted.
Most sectors on the S&amp;P 500 closed on a negative note, with financial, energy, and information technology stocks recording the biggest losses on Friday. However, consumer staples stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed lower by around 2,231 points to 38,314.86 on Friday. The S&amp;P 500 dipped 5.97% to 5,074.08, while the Nasdaq Composite tumbled 5.82% to 15,587.79 during Friday's session.
Investors are awaiting earnings results from Levi Strauss &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEVI#NYSE">LEVI</a>), Dave &amp; Buster&#8217;s Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>), and The Greenbrier Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBX#NYSE">GBX</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 4.2, the index remained in the &#8220;Extreme Fear&#8221; zone on Friday, versus a prior reading of 6.0.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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Photo: Shutterstock

Trading Ideas

Dow Nosedives Over 2,200 Points As Apple, Tesla, Nvidia Plummet: Investor Sentiment Dips Further, Greed Index Remains In 'Extreme Fear' Zone

<a href="https://www.globenewswire.com/Tracker?data=chL7WYNVrwVzt1AoWZsVIcCz_aBoSJN_6UtnvC0y9gcrE1oPcw0LLbRem4Wp1M5NvQXfU_UWshv-nargSmevRg==">GXO Logistics, Inc.</a>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GXO#NYSE">GXO</a>), the world's largest pure-play contract logistics provider, announced today a new strategic partnership with Hisense, a global leader in technology, televisions, home appliances and HVAC equipment. GXO will be responsible for managing Hisense's logistics operations at a new 36,000-square-meter site in Albuixech, Valencia. Operations will include distribution, returns and repacking as well as value-added services such as repalletization.
‘We are very proud of this new strategic partnership with Hisense, a company that shares our values of innovation and excellence," said Rui Marques, Managing Director of GXO in Spain and Portugal. "Our ability to address supply chain challenges such as peak demand, as well as operate an environmentally sustainable facility, are key to enabling increased customer satisfaction for Hisense."
The facility is strategically located, with access to the Mediterranean corridor and a harbor, with capacity to distribute more than 700,000 units per year, strengthening GXO's footprint in the Mediterranean area. Thanks to GXO's expertise, the rapid implementation and peak fulfillment were conducted in parallel at the new site.

GXO Expands In Europe With Hisense Deal To Handle 700K Units A Year From New Logistics Hub

Donald Trump remains unwavering in his devotion to tariffs, describing them as "a beautiful word" that protects American industry.
What Happened: In an October 2024 <a href="https://www.youtube.com/watch?v=ZfN0Hmed8RM">interview</a> with finance expert Dave Ramsey, the former president insisted that imposing duties on foreign goods can "save our country," despite ongoing debates over economic repercussions.
Trump argues that tariffs level the playing field for small businesses. Responding to Ramsey's concern about government interference, Trump insisted that a targeted approach prevents American companies from being undercut by nations like China. He warned that without tariffs, large exporters can flood the U.S. market with cheap products, force local businesses to shutter, then buy those businesses cheaply before raising prices.
For Trump, history is proof that tariffs work. He cited the 1890s — a period he said made America "the richest point in its history" — when revenue from these import taxes funded the government, even prompting a special committee to decide how to spend the surplus. By contrast, Trump noted that an income tax system eventually replaced what he saw as a more direct way to defend U.S. jobs and manufacturing.
That said, according to a MarketWatch <a href="https://www.marketwatch.com/story/trump-says-america-was-at-its-richest-in-the-late-1800s-here-are-the-facts-63077921">report</a>, historians assert that while the U.S. ascended economically from 1870 to 1913, it was not at its wealthiest, and tariffs did not drive that growth. They emphasize that innovation, education, and immigration, rather than protectionist policies, powered America&#8217;s rise. Experts note that life remained harder for ordinary citizens, as there were no modern safety nets or worker protections.
See also: <a href="https://www.benzinga.com/general/market-summary/25/04/44660779/sp-500-dow-jones-on-course-to-mimic-rare-consecutive-losses-not-seen-since-the-great-depression-whats-driving-the-fear">S&amp;P 500, Dow Jones On Course To Mimic Rare Consecutive Losses Not Seen Since The Great Depression: What&#8217;s Driving the Fear?</a>
Trump also pointed to success in the steel industry, where he believes levies on imported steel stopped unfair dumping. Without such measures, he claims, foreign governments would "steal our factories, our workers, and our jobs." This emphasis on fortifying small businesses aligns with Ramsey's own belief that entrepreneurs drive the American economy.
Why It Matters: Dave Ramsey and his co-host Ken Coleman, in a more recent conversation, emphasize that tariffs inevitably raise consumer prices, and they caution that businesses will <a href="https://in.benzinga.com/personal-finance/25/03/44172672/dave-ramsey-says-no-question-tariffs-will-100-raise-prices-walmart-doesnt-pay-taxes-you-pay-taxes-when-you-buy-potato-chips-at-walmart">pass these costs</a> along rather than absorb them. In their discussion, Ramsey downplays the potential fallout by highlighting the existing trade taxes Mexico and other countries impose on U.S. exports.
He believes these measures act more like negotiating tactics than doomsday policies and encourages people not to panic, arguing that debt-free households worry far less about inflation than those relying on credit.
Critics challenge Ramsey's explanations, particularly his claim that Mexico charges a 33% tariff on American goods. Observers point out that he likely confused Mexico's 16% value-added tax (VAT) with tariffs, which remain more targeted and often apply to countries lacking free trade agreements. Viewers also question his <a href="https://in.benzinga.com/news/25/03/44067456/ive-got-a-friend-building-a-house-in-cabo-dave-ramsey-tries-to-explain-trumps-tariffs-but-people-say-hes-out-of-touch-and-wrong">anecdote about a friend</a> building a house in Cabo, arguing that his experience with taxes on appliances does not reflect the reality most consumers face.
Audience members accuse Ramsey of being out of touch with average Americans, citing his reliance on personal stories that involve wealthy acquaintances. Despite these criticisms, Ramsey's central message remains consistent: tariffs will raise prices for consumers, and they serve as a method of pushing trading partners to negotiate terms that favor American businesses.
Image via Shutterstock
Read next: <a href="https://www.benzinga.com/25/04/44661029/trump-and-fed-stand-firm-lack-of-a-put-could-drive-the-market-lower-very-quickly-warns-expert">Lack Of &#8216;Trump Put&#8217; Could Drive Market Lower &#8216;Very Quickly,&#8217; Says Expert, As Fed Chair Jerome Powell Stands Ground On Rate Cuts</a>

Personal Finance

'A Beautiful Word': Why Trump Insists On Tariffs As Essential In His Bid To Save American Manufacturing

With U.S. stock futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Levi Strauss &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEVI#NYSE">LEVI</a>) to report quarterly earnings at 28 cents per share on revenue of $1.54 million after the closing bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Levi Strauss shares rose 0.2% to $13.92 in after-hours trading.</li>
<li>Chanson International Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHSN#NASDAQ">CHSN</a>) reported a year-over-year increase in FY24 financial results. Chanson International Holding shares jumped 60.1% to $0.3505 in the after-hours trading session.</li>
<li>Analysts are expecting Dave &amp; Buster&#8217;s Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) to post quarterly earnings at 71 cents per share on revenue of 550.37 million. The company will release earnings after the markets close. Dave &amp; Buster&#8217;s shares gained 0.9% to $16.99 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>China Pharma Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPHI#NYSE">CPHI</a>) reported a 1-for-10 reverse stock split. China Pharma shares fell 3.2% to $0.2150 in the after-hours trading session.</li>
<li>Analysts expect The Greenbrier Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBX#NYSE">GBX</a>) to post quarterly earnings at $1.78 per share on revenue of $898.53 million after the closing bell. Greenbrier shares gained 1.9% to $46.49 in the after-hours trading session.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/price-target/25/04/44645517/wall-streets-most-accurate-analysts-give-their-take-on-3-health-care-stocks-with-over-4-dividend-yields-2">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Health Care Stocks With Over 4% Dividend Yields</a></li>
</ul>
Photo via Shutterstock

Levi Strauss, Dave & Buster's Entertainment And 3 Stocks To Watch Heading Into Monday

BlackRock Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) CEO, Larry Fink believes that America&#8217;s plans for a manufacturing resurgence have several shortcomings that tariffs alone may not address. This includes unfavorable demographics and a deeply flawed immigration policy, among other things.
What Happened: Speaking at CERAWeek, an annual energy conference organized by S&amp;P Global Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPGI#NYSE">SPGI</a>) nearly a month ago, Fink highlighted the country&#8217;s labor shortages, which are only set to get worse with the new administration&#8217;s immigration policies and an increasingly tough stance on illegal immigration.
Fink said that the pace at which deportations are taking place will have a severe impact on the agriculture sector, with not nearly enough hands to harvest the crops when spring arrives. 
&#8220;70% of the men and women who work in agriculture were not born in the United States, he says, and while several of them are U.S. citizens, or have work permits, many of them do not.&#8221; It&#8217;s a similar scenario for construction, with 40% of workers not born in the country, putting them at risk of deportation.
<figure class="wp-block-embed aligncenter 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">Larry Fink <a href="https://twitter.com/search?q=%24BLK&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BLK</a> manages $11 trillion &quot;The USA doesn&#39;t even have enough workers to become a manufacturing economy&quot;<a href="https://t.co/7V9QBQXdj5">pic.twitter.com/7V9QBQXdj5</a>
&mdash; Special Situations &#x1f310; Research Newsletter (Jay) (@SpecialSitsNews) <a href="https://twitter.com/SpecialSitsNews/status/1908919349798203576?ref_src=twsrc%5Etfw">April 6, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The famed pioneer of environmental, social, and governance (ESG) principles further states that this will have an inflationary effect on the economy. Fink also mentions having emphasized the current &#8216;shortage of electricians to build AI data centers&#8217; to members of the Trump team.
See More: <a href="https://www.benzinga.com/25/04/44661029/trump-and-fed-stand-firm-lack-of-a-put-could-drive-the-market-lower-very-quickly-warns-expert">Lack Of &#8216;Trump Put&#8217; Could Drive Market Lower &#8216;Very Quickly,&#8217; Says Expert, As Fed Chair Jerome Powell Stands Ground On Rate Cuts</a>
This was a shot at the Donald Trump administration&#8217;s plans for reindustrialization in the U.S. The BlackRock CEO is treading cautiously on the political front, as evidenced by <a href="https://www.blackrock.com/corporate/investor-relations/larry-fink-annual-chairmans-letter">his recent annual letter</a> that shies away from any mention of Trump, tariffs, ESG, DEI, or climate change.
Why It Matters: Several other business leaders, analysts, and industry experts have highlighted the improbability of bringing manufacturing back in its entirety to the United States.
Financial commentator Peter Schiff, was one such notable voice last week, who said that it would cost Nike Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) more to manufacture in the U.S. than it would to just pay the tariffs and pass on the costs to consumers while exploring other markets to make up for lost sales
The biggest roadblock for U.S. manufacturing is shortages in skilled labor. According to a <a href="https://www.bain.com/insights/manufacturers-have-plenty-of-jobs-but-few-takers/">recent report</a> by Bain &amp; Company, nearly 50% of manufacturing workers in the country are aged 50 and above, and 25% are aged 55 and above, but as they start to retire, there aren&#8217;t enough Gen Z workers to fill these jobs.
According to a report by <a href="https://themanufacturinginstitute.org/">The Manufacturing Institute</a>, there is a monumental shortage of workers in the U.S. today for jobs that require more than a high-school diploma, but less than a four-year college degree. The candidates for such jobs were immigrants, but now that too is no longer an option for the industry.
At 340 million, the United States has a <a href="https://www.worldometers.info/world-population/us-population/">lot bigger workforce today</a> than it did during its Industrial Revolution in the early 1900s, but the country today is very different culturally and demographically. 
For one, the percentage of the country&#8217;s population between the ages of 15 and 30 stands at 20% today, as opposed to 54% in the 1900s. Besides this, back-breaking manufacturing jobs are no longer sought after by the nation&#8217;s youth, not that they ever were.
Read More:
<ul>
<li><a href="https://www.benzinga.com/25/04/44659521/bill-ackman-warns-against-launching-economic-nuclear-war-wants-a-90-day-time-out-on-trump-tariffs">Bill Ackman Warns Against Launching &#8216;Economic Nuclear War,&#8217; Wants A 90-Day Time Out On Trump Tariffs</a></li>
</ul>

SPGI

BlackRock CEO Larry Fink Warns US Manufacturing Revival Faces Labor, Immigration Hurdles

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