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BrainsWay

BrainsWay Ltd is engaged in advanced noninvasive neurostimulation treatments for mental health disorders. The company is advancing neuroscience with its proprietary Deep Transcranial Magnetic Stimulation (Deep TMS) platform technology to improve health and transform lives. Current indications include depressive disorder (including reduction of anxiety symptoms, commonly referred to as anxious depression), obsessive-compulsive disorder, and smoking addiction. Additional clinical trials of Deep TMS in various psychiatric, neurological, and addiction disorders are underway. The company derives revenues from the lease and sale of Deep TMS systems.

Brainsway

BrainsWay Ltd. - American Depositary Shares

BrainsWay Ltd

Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) announced a strategic partnership with enterprise software giant SAP SE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAP#NYSE">SAP</a>) that will integrate Palantir&#8217;s data platforms with SAP&#8217;s enterprise solutions, the companies revealed at the SAP Sapphire conference.
What Happened: The collaboration brings together Palantir&#8217;s Ontology and Foundry platforms with SAP&#8217;s enterprise data systems, creating what Palantir described as &#8220;ultimate value creation&#8221; for partners.
&#8220;At Palantir, we are manically focused for our partners. We use Ontology to manage large language models and Foundry to reconcile data,&#8221; CEO Alex Karp said during the announcement. &#8220;The combination of those products and your products will be extremely valuable for everyone and we are very much looking forward to scaling this partnership.&#8221;
This deal represents Palantir&#8217;s latest move to expand its <a href="https://www.benzinga.com/news/insider-trades/25/05/45525975/after-palantirs-meteoric-480-rise-investors-weigh-7-critical-risks">enterprise reach following significant stock growth</a>, with shares up 480% over the past year. The data analytics firm has been aggressively pursuing commercial sector expansion alongside its traditional government contracting business.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The Ontology + Foundry + <a href="https://twitter.com/SAP?ref_src=twsrc%5Etfw">@SAP</a> = ultimate value creation for our partners. Hear Palantir CEO Alex Karp announce our partnership at <a href="https://twitter.com/hashtag/SAPSapphire?src=hash&amp;ref_src=twsrc%5Etfw">#SAPSapphire</a>. <a href="https://t.co/N0DOHPpk04">pic.twitter.com/N0DOHPpk04</a>
&mdash; Palantir (@PalantirTech) <a href="https://twitter.com/PalantirTech/status/1924893851124162793?ref_src=twsrc%5Etfw">May 20, 2025</a></blockquote>
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See Also: <a href="https://www.benzinga.com/25/05/45534527/china-warns-of-legal-retaliation-against-us-chip-sanctions-threatens-lawsuits-for-aiding-discriminatory-tech-crackdown">China Warns Of Legal Retaliation Against US Chip Sanctions, Threatens Lawsuits For Aiding &#8216;Discriminatory&#8217; Tech Crackdown</a>
Why It Matters: The partnership comes just days after Palantir announced another strategic alliance with Divergent Technologies, integrating Divergent&#8217;s AI-driven manufacturing capabilities with Palantir&#8217;s Warp Speed and Foundry platforms to transform manufacturing workflows for <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45521497/whats-going-on-with-palantir-technologies-stock-on-tuesday">defense and commercial clients</a>.
Despite its remarkable growth trajectory, investors should note that <a href="https://www.benzinga.com/news/insider-trades/25/05/45525975/after-palantirs-meteoric-480-rise-investors-weigh-7-critical-risks">Palantir carries significant risks</a>, including premium valuation metrics with price-to-sales ratios between 80-105x and forward P/E multiples exceeding 300x. The stock has demonstrated high volatility with 10-24% price swings following earnings reports.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45529030/elon-musk-confirms-tesla-robotaxi-launch-is-on-track-for-next-month-these-things-happen-slowly-but-then-all-at-once" target="_blank" rel="noreferrer noopener">Elon Musk Expects Tesla Robotaxi Launch For June: ‘These Things Happen Slowly, Then All At Once'</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: slyellow / Shutterstock.com

Equities

News

Markets

PLTR

Palantir Partners With SAP To Fuse Ontology, Foundry And Enterprise Data: CEO Alex Karp Calls It 'Extremely Valuable'

Amid the ongoing tariff dispute between President Donald Trump and Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>), the retail giant has responded to the potential impact of these tariffs on consumer prices.
What Happened: The President took to social media to chastise Walmart for suggesting that his administration&#8217;s tariffs would lead to increased prices for consumers. In a post on Truth Social on May 17, Trump insisted that Walmart should &#8220;Eat The Tariffs&#8221; rather than passing the cost onto consumers.
Walmart responded to Trump&#8217;s criticisms on May 20, with spokesperson Joe Pennington <a href="https://www.usatoday.com/story/money/2025/05/20/walmart-response-trump-tariffs-directive/83742350007/">telling </a>USA Today, &#8220;We&nbsp;have always worked to keep&nbsp;our prices as low as&nbsp;possible and we won&#8217;t stop.&#8221; He added, &#8220;We'll keep prices as low as we can for as long as we can given the reality of small retail margins."
SEE ALSO: <a href="https://benzinga.com/markets/cryptocurrency/25/05/45533976/mr-wonderful-kevin-o-leary-says-elizabeth-warren-taking-an-un-american-position-by-challen" target="_blank" rel="noreferrer noopener">Mr Wonderful Kevin O&#8217;Leary Says Elizabeth Warren Taking An &#8216;Un American&#8217; Position By Challenging Crypto Law: &#8216;Bill Has Nothing To Do With Trump&#8217;</a>
Why It Matters: This dispute follows Walmart&#8217;s warning about <a href="https://www.benzinga.com/markets/25/05/45484675/trumps-tariff-challenge-amid-rising-price-concerns-president-tells-walmart-to-eat-the-tariffs">potential </a>price hikes due to tariffs, as reported. The President&#8217;s directive to Walmart sparked a backlash, with economist Peter Schiff criticizing the economic logic of Trump&#8217;s <a href="https://www.benzinga.com/news/25/05/45530403/peter-schiff-slams-trumps-eat-the-tariffs-message-to-walmart-he-might-as-well-ask-it-to-eat-rent-wag">stance </a>in a post on X on Tuesday.
The tariff uncertainty comes amid a mixed first-quarter results <a href="https://www.benzinga.com/news/earnings/earnings-beats/25/05/45472271/walmart-growth-prospects-remain-solid-but-tariff-uncertainty-lingers-analysts-say">report from</a> Walmart. Walmart CFO John David Rainey expressed concern in a May 15 CNBC interview that proposed tariffs would significantly impact retailers, suppliers and ultimately consumers. Prices are expected to increase later this month and into June, especially for electronics, toys and food. 
Walmart President Douglas McMillon stated that the company aims to keep food prices low, but tariffs on countries like Costa Rica, Peru and Colombia are driving up costs for imported goods such as bananas, avocados, coffee and roses.
Benzinga's Edge Rankings place Walmart in the 92nd percentile for momentum and the 83rd percentile for growth, reflecting its strong performance in both areas. Check the detailed report <a href="https://www.benzinga.com/quote/WMT">here</a>.&nbsp;
Over the past month, Walmart climbed 5.83%. 
<ul class="wp-block-list">
<li>READ MORE:&nbsp;<a href="https://benzinga.com/markets/equities/25/05/45535142/jamie-dimon-who-flagged-trouble-before-2008-lehman-brothers-collapse-now-warns-sp-earnings-could" target="_blank" rel="noreferrer noopener">Jamie Dimon, Who Flagged Trouble Before 2008 Lehman Brothers Collapse, Now Warns S&amp;P Earnings Could Fall To 0%: &#8216;Rougher Time For Markets,&#8217; Says Dan Niles</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.

Walmart Responds To Trump's 'Eat The Tariff' Remark: '...Worked To Keep Our Prices As Low As Possible And We Won't Stop'

ODAC recommendation based on the positive progression-free survival and clinical benefit in the Phase 3 AQUILA study
If approved, DARZALEX FASPRO&#xAE; would be the first treatment to potentially delay or prevent progression to multiple myeloma

Reported Earlier, J&J's DARZALEX FASPRO Wins US FDA Oncologic Drugs Advisory Committee Backing For Early Intervention In HR-SMM, Potentially Preventing Disease Progression

Wedbush Securities analyst Dan Ives has maintained bullish views on Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) stock and believes Elon Musk is now focused on the EV giant.
What Happened: "This is a different Musk than we saw over the last one, three months. Dedicated, focused on Tesla, driving the next initiative." Ives said in an appearance <a href="https://www.cnbc.com/video/2025/05/20/dan-ives-on-tesla-this-is-a-watershed-moment-for-autonomy-more-bullish-after-hearing-elon-musk.html">on</a> CNBC's Closing Bell on Tuesday.
Ives also said he believes Musk is doubling down in terms of Tesla's autonomous driving and robotaxi exploits. "Autonomous, Robotaxi, June, Austin, I view as a watershed moment for Tesla, and he's not backing away." Ives said.
Ives also said he believes there's a trillion-dollar market cap for Tesla, when talking about Autonomous driving and robotics, leading to him feeling "more bullish" following Musk's interview with CNBC on Tuesday.
Ives also believes that Musk's stepping away from his political activities with the Trump administration, as well as DOGE, has helped Tesla's brand image and boosted investor confidence.
Why It Matters: Ives's comments signal Musk <a href="https://www.benzinga.com/news/25/05/45519469/tesla-stock-rises-after-musk-reaffirms-leadership-and-business-rebound">reaffirming his commitment</a> to Tesla as well as autonomous driving and robotaxis. The billionaire signaled that Tesla would <a href="https://www.benzinga.com/25/05/45529030/elon-musk-confirms-tesla-robotaxi-launch-is-on-track-for-next-month-these-things-happen-slowly-but-then-all-at-once">begin rolling out Robotaxis</a> in Austin in June and believes they could be ramped up to 1,000 vehicles in the coming months.
Musk also reiterated that Tesla could create a proprietary ride-sharing platform that could allow owners to also add or subtract their vehicles to Tesla's autonomous fleet, as he brushed off <a href="https://www.benzinga.com/tech/25/05/45535283/elon-musk-brushes-off-potential-tesla-uber-deal-believes-owners-could-add-their-cars-to-ev-giants-autonomous-fleet-instead">any potential deals</a> with Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</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:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45511328/ross-gerber-slams-teslas-fsd-technology-ahead-of-robotaxi-launch-maintains-bearish-views-on-elon-musks-company-after-dumping-10-stake-in-q1-2025">Ross Gerber Slams Tesla&#8217;s FSD Technology Ahead Of Robotaxi Launch, Maintains Bearish Views On Elon Musk&#8217;s EV Giant After Dumping 10% Stake in Q1</a></li>
</ul>
Photo courtesy: Tada Images / Shutterstock.com

TSLA

UBER

Dan Ives Calls Tesla's Austin Robotaxi Launch A 'Watershed Moment,' Maintains Bullish Views On Tesla

DELL

NVDA

Reported Earlier, Accenture, Dell, And NVIDIA Team Up To Launch On-Prem AI Refinery, Enabling Scalable, Secure Agentic AI For Regulated Industries

LDTC

Reported Earlier, LeddarTech Lays Off 95% Of Workforce As Financing Talks Stall, Explores Restructuring Or Potential Asset Sale

SABR

Reported Earlier, Sabre Prices $1.325M Offering of 11.125% Senior Secured Notes Maturing July 2030, Up From $975M

Cryptocurrency analyst Willy Woo says Bitcoin&#8217;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) next leap into mainstream finance may hinge on a minor rejig.
What Happened: "I have no opinions on whether changing Sats units to Bitcoins is a good idea but it would make BTC compatible with the financial world. Right now most banks cannot book a currency with 8 decimal points," he wrote on X Tuesday.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I have no opinions on whether changing sats units to bitcoins is a good idea but it would make BTC compatible with the financial world. Right now most banks cannot book a currency with 8 decimal points.
&mdash; Willy Woo (@woonomic) <a href="https://twitter.com/woonomic/status/1925034713980535100?ref_src=twsrc%5Etfw">May 21, 2025</a></blockquote>
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Most core-banking systems top out at two or four decimal places, leaving eight-place Bitcoin entries impossible to reconcile. Even home software such as Quicken struggles, forcing users to round or split lots.
See also:<a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45501880/jamie-dimon-opens-jpmorgan-to-bitcoin-access-despite-longstanding-criticism"> Jamie Dimon Opens JPMorgan To Bitcoin Access Despite Longstanding Criticism</a>
A satoshi equals 0.00000001 BTC, meaning a $3 coffee shows up as 0.000028 BTC at checkout. Proponents say whole-number pricing would read more like familiar fiat quotes. Woo argues the tweak would "make BTC compatible with the financial world" without touching its code.
Why It Matters: Block CEO Jack Dorsey <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45503054/jack-dorsey-backs-renaming-bitcoins-smallest-unit-bits-calls-satoshi-confusing">recently declared</a> "bits of Bitcoin is better," backing BIP-177 to relabel sats as bits. Developer John Carvalho's draft would redefine one Sat as one Bitcoin, creating 21 quadrillion units. Skeptics like Byte Federal's Michelle Weekley reply that "people understand cents in a dollar; they will understand sats in a Bitcoin."
Regulators have <a href="https://bankingjournal.aba.com/2024/09/sec-official-outlines-possible-exception-for-crypto-accounting-restrictions-on-banks/">eased</a> crypto-custody rules, yet accountants still fight the decimal wall. Spot-bitcoin ETFs already hold billions, but shares settle in dollars, not fractional BTC. The extra zeros remain a psychological hurdle even as Bitcoin trades <a href="https://www.benzinga.com/25/05/45521682/bitcoin-soars-to-105125-amid-institutional-investments-x-founder-proposes-btc-rebrand?utm_source=chatgpt.com">near $105,000</a>.
Photo Courtesy: Yalcin Sonat on Shutterstock.com
Price Action:&nbsp;At the time of writing, Bitcoin traded 0.93% higher at $107,764.50.
Read next: <a href="https://www.benzinga.com/25/05/45535042/recession-odds-tumble-on-kalshi-crypto-based-polymarket-as-trumps-tariff-concerns-subside">Recession Odds Slip Below 40% On Crypto Betting Marketplace As Trump Tariff Fears Fade After China Deal</a>

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

Cryptocurrency

$BTC

Popular Crypto Analyst Says Doing This One Thing Will Make Bitcoin 'More Compatible With The Financial World': Can It Really Make BTC Take Off?

Reported Earlier, Southern Company Prices Upsized $1.45B Offering Of 3.25% Convertible Notes Due 2028, With $113.54 Initial Conversion Price

Reported Earlier, TPG Prices $991M Secondary Offering Of 21M Shares At $47.25 Each By Bonderman Estate

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) is making significant strides in humanoid robotics, with CEO Elon Musk revealing that the company&#8217;s Optimus robot is developing the ability to learn tasks by watching videos, similar to human learning patterns.
What Happened: In a recent <a href="https://www.youtube.com/watch?v=rEh06X4YMwk">interview</a> with CNBC at Tesla headquarters, Musk explained that while Optimus currently learns through human demonstration using motion capture technology, the company is close to achieving a major breakthrough.
&#8220;I think there&#8217;s certain threshold breakthroughs that we think we can achieve, where if Optimus can watch videos, YouTube videos or how-to videos or whatever, and based on that video, just like a human can, learn how to do that thing,&#8221; Musk said. &#8220;Then you really have a task extensibility that is dramatic, because it can learn anything very quickly. So I think we&#8217;ll get there in the next year.&#8221;
This development was reinforced by Tesla Optimus Engineering lead Milan Kovac, who elaborated on X: &#8220;One of our goals is to have Optimus learn straight from internet videos of humans doing tasks. Those are often 3rd person views captured by random cameras.&#8221; 
Kovac added that &#8220;many new skills are emerging through this process,&#8221; which can be activated via voice or text commands and run on &#8220;a single neural network on the bot.&#8221; 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">One of our goals is to have Optimus learn straight from internet videos of humans doing tasks. Those are often 3rd person views captured by random cameras etc. ⁰⁰We recently had a significant breakthrough along that journey, and can now transfer a big chunk of the learning… <a href="https://t.co/09cSJ8QNwr">https://t.co/09cSJ8QNwr</a>
&mdash; Milan Kovac (@_milankovac_) <a href="https://twitter.com/_milankovac_/status/1925047791954612605?ref_src=twsrc%5Etfw">May 21, 2025</a></blockquote>
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See Also: <a href="https://www.benzinga.com/25/05/45534923/elon-musks-xai-plans-3040-billion-gpu-buy-near-memphis-nvidia-set-to-be-the-biggest-winner-says-top-analyst">Elon Musk&#8217;s xAI Plans $30–$40 Billion GPU Buy Near Memphis — Gene Munster Says Its A &#8216;Good Day&#8217; To Be A Nvidia Salesperson </a> Why It Matters: Despite these advancements, Tesla faces significant production challenges. During Tesla&#8217;s first quarter earnings call, Musk revealed that <a href="https://www.benzinga.com/25/04/44941025/tesla-optimus-robot-hit-by-chinas-rare-earth-magnet-crackdown-elon-musk-says-thousands-may-be-ready-by-year-end-but-no-guarantees-when-you-have-a-complex-manufactured-product">China&#8217;s new export restrictions on rare earth magnets</a>—critical components in Optimus actuators—have disrupted the supply chain.
&#8220;We&#8217;re working through that with China. Hopefully, we&#8217;ll get a license to use the rare earth magnets. China wants some assurances that these are not used for military purposes, which, obviously, they&#8217;re not,&#8221; Musk explained.
The humanoid robot market represents massive potential, with <a href="https://www.benzinga.com/news/global/25/05/45173327/teslas-optimus-vs-xpengs-iron-the-5-trillion-iron-man-showdown">Morgan Stanley projecting a $5 trillion</a> global market by 2050. Musk believes humanoid robots will become &#8220;the biggest product ever&#8221; with &#8220;insatiable&#8221; demand, aiming to produce a million robots by 2030.
Image Via Shutterstock
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45535042/recession-odds-tumble-on-kalshi-crypto-based-polymarket-as-trumps-tariff-concerns-subside">Recession Odds Slip Below 40% On Crypto Betting Marketplace As Trump Tariff Fears Fade After China Deal</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editor

Exclusives

Tech

General

Elon Musk Says Tesla's Optimus Can Learn Tasks By Watching YouTube Videos Just Like A Human

Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) Chairman Michael Saylor used the classic DeLorean sports car and the science fiction film franchise &#8220;Back to the Future&#8221; to advocate for Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) on Tuesday.
What happened: Saylor is known for sharing AI-generated photos and videos of himself to advocate for the apex cryptocurrency.&nbsp;
His latest X post showed him wearing an orange puffer vest over a blue denim jacket, very similar to the costume worn by the protagonist of the 1985 film &#8220;Back to the Future.&#8221;
Behind Saylor is a DeLorean DMC-12, the car used as the time machine in the movie, with its gull-wing doors open. The car featured a Bitcoin logo.&nbsp;
Saylor wrote, &#8220;Once you all have bitcoin, I&#8217;ll go back to the future.&#8221;&nbsp;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Once you all have bitcoin, I'll go back to the future. <a href="https://t.co/qzBLARP1XX">pic.twitter.com/qzBLARP1XX</a>
&mdash; Michael Saylor (@saylor) <a href="https://twitter.com/saylor/status/1924807494938853864?ref_src=twsrc%5Etfw">May 20, 2025</a></blockquote>
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Interestingly, the official Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) X account chimed in, using the opportunity to promote their own ecosystem.
"Bitcoin may be digital gold, but SHIB is digital culture," Shiba Inu wrote. "The future isn't just store of value… it's meme-fuelled, community-driven velocity."
Shiba Inu also drew attention to their partnership with DeLorean Labs, the Web3 arm of the now-defunct DeLorean Motor Company. Notably, the two brands teamed up for a non-fungible token giveaway initiative in November 2024.
"DeLorean Labs is building the roads we race on," Shiba Inu said, hinting at a major collaboration.
DeLorean Labs didn&#8217;t immediately respond to Benzinga&#8217;s request for comment.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Bitcoin may be digital gold, but SHIB is digital culture — and <a href="https://twitter.com/DeLoreanlabs?ref_src=twsrc%5Etfw">@DeLoreanlabs</a> is building the roads we race on. The future isn't just store of value… it's meme-fuelled, community-driven velocity. &#x1f436;&#x1f697;&#x1f4a8; <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> <a href="https://twitter.com/search?q=%24DMC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DMC</a> <a href="https://t.co/OqWOgAky0T">https://t.co/OqWOgAky0T</a> <a href="https://t.co/FZ4zjx3N03">pic.twitter.com/FZ4zjx3N03</a>
&mdash; Shib (@Shibtoken) <a href="https://twitter.com/Shibtoken/status/1924933792931684371?ref_src=twsrc%5Etfw">May 20, 2025</a></blockquote>
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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/25/05/45511186/coinbase-says-justice-department-has-launched-probe-into-its-recent-cyberattack">Coinbase Says DOJ Probing Latest Attack On Its Platform, Clarifies Its Not The &#8216;Subject&#8217; Of The Investigation</a>
Why It Matters: The DMC was an American car manufacturer founded by John DeLorean in 1975. It produced just one model, from early 1981 to late 1982—<a href="https://www.benzinga.com/news/21/07/21815188/wall-street-crime-and-punishment-john-delorean-and-the-highway-to-ruin">a slick, futuristic two-seater DeLorean sports car</a> notable for its funky gull-wing doors. However, the vehicle ran into financial difficulties soon after. The company filed for bankruptcy in 1982 and ceased production after a brief period.
Italian automotive designer Giorgetto Giugiaro, who designed the DMC DeLorean that featured in &#8220;Back to the Future,&#8221; has <a href="https://in.benzinga.com/news/23/12/36319357/back-to-the-future-deloreans-legendary-designer-calls-tesla-cybertruck-picasso-of-automobiles-even-a">noted similarities</a> in the brushed&nbsp;stainless-steel outer body&nbsp;panels with Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Cybertruck.&nbsp;
Price Action:&nbsp; At the time of writing, Bitcoin was exchanging hands at $107,813.81, up 2.07% 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>. SHIB traded at $0.00001487, up 2.04% in the last 24 hours.
Photo Courtesy: Digital Pixel on Shutterstock.com
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45512252/want-a-tesla-cybertruck-geminis-new-bitcoin-credit-card-could-be-your-ticket">Want A Tesla Cybertruck? Gemini&#8217;s New Bitcoin Credit Card Could Be Your Ticket</a></li>
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$SHIB

MSTR

Michael Saylor Drops 'Back To The Future' Reference To Promote Bitcoin, Shiba Inu Flaunts Its Own DeLorean Links

Reported Earlier, Toyota Debuts 2026 RAV4 With Three Distinct Styles—Core, Sport, And Rugged—Now 100% Electrified With HEV And PHEV Options

IPOs

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The U.S. economy is facing a potential crisis as the national debt continues to rise, sparking concerns among economists and analysts.
What Happened: Deutsche Bank&#8217;s Jim Reid expressed his concerns about the U.S. fiscal situation. He described it as experiencing a &#8220;death by a thousand cuts,&#8221; indicating the gradual erosion of confidence in the country&#8217;s fiscal future, <a href="https://fortune.com/2025/05/20/us-economy-experiencing-death-by-thousand-cuts-deutsche-bank/">reported</a>&nbsp;Fortune.
Reid&#8217;s comments came in response to the U.S. losing its final&nbsp;triple-A rating late on Friday, a step he believes will further add to the mounting fiscal troubles, putting more pressure on the fragile debt sustainability threshold.
About the Moody&#8217;s downgrade, Reid stated, &#8220;&#8230;keeps the drip, drip, drip of poor fiscal news building up against the debt sustainability dam in the background."
The U.S. national debt, currently exceeding $36.2 trillion, is becoming a growing concern for economists. They worry that as both the debt and the interest payments required to service it continue to rise, the economy might not grow quickly enough to support such levels of spending.
SEE ALSO:&nbsp;<a href="https://benzinga.com/25/05/45479830/mark-cuban-says-back-in-the-day-bill-gates-stole-his-girls-in-las-vegas-he-was-worth-1-million-but-gates-was-the-mega-rich-king-of-tech" target="_blank" rel="noreferrer noopener">Mark Cuban Says &#8216;Back In The Day&#8217; Bill Gates Stole &#8216;His Girls&#8217; In Las Vegas — He Was Worth $1 Million, But Gates Was The Mega Rich &#8216;King of Tech&#8217; &#8211; Benzinga</a>
Why It Matters: Moody&#8217;s recent downgrade of the U.S. credit rating from Aaa to Aa1 reflects this concern. The agency explained the decision by noting that the country's considerable economic and financial strengths no longer sufficiently offset the deterioration in its fiscal indicators.
The downgrade by Moody&#8217;s follows similar moves by Fitch and S&amp;P Global, marking the loss of the U.S. top-tier &#8216;triple-A&#8217; rating from all three major credit agencies. This has led to a mixed response from experts.
Treasury Secretary Scott Bessent dismissed concerns over the U.S. government debt, attributing the current fiscal state to the Biden administration&#8217;s spending over the past four years. Meanwhile, Ray Dalio, founder of Bridgewater Associates, warned that the downgrade grossly understates the true risk of owning U.S. debt. On the other hand, Tom Lee of Fundstrat brushed off the downgrade as a &#8220;non-event&#8221; and encouraged investors to buy stocks.
The downgrade and the growing national debt are likely to have significant implications for the U.S. economy and its global standing. The government&#8217;s response to this crisis will be crucial in determining the country&#8217;s fiscal future.
President Donald Trump and his cabinet acknowledge the national debt issue, with Trump proposing that it could be addressed using proceeds from his &#8216;gold card&#8217; visa initiative. At the same time, the Department of Government Efficiency (DOGE) is prioritizing cost-cutting and improving operational efficiency.
Meanwhile, Wall Street may be<a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/05/45491935/history-says-sp-500-could-fall-10-after-rating-downgrade-but-rally-35-after"> less reactive t</a>o credit downgrades after previous false alarms, especially given strong tech earnings, steady consumer spending and easing inflation—all of which offer investors reasons to stay optimistic.
SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) fell 0.23%, while Invesco QQQ Trust, Series 1(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) dropped 0.24% after the Moody&#8217;s downgrade. 
<ul class="wp-block-list">
<li>READ MORE:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/05/45527096/bitcoin-whale-trader-up-over-20-million-in-unrealized-gains-on-700-million-btc-pepe-positions" target="_blank" rel="noreferrer noopener">Bitcoin Whale Trader Up Over $20 Million In Unrealized Gains On $700 Million BTC, Pepe Positions &#8211; Benzinga</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.

US Faces 'Death By A Thousand Cuts' As National Debt Tops $36 Trillion, Cautions Deutsche Bank: '...The Drip, Drip, Drip Of Poor Fiscal News Building Up...'

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