La cadena de opciones muestra datos clave de las opciones de acciones de Castellum a varios precios de ejercicio y fechas de vencimiento. Los operadores utilizan esta información para analizar posibles operaciones y evaluar el sentimiento del mercado para Castellum..

Castellum (AMEX:CTM) Bolsa, Cadena de Opciones

Castellum

Castellum Inc is engaged in providing information technology services. The company provides financial services, healthcare, and other users of large data applications with services that include intelligence analysis, software development, software engineering, program management, strategic and mission planning, information assurance, cybersecurity and policy support, data analytics, and MBSE. In addition to constantly innovating and enhancing organic capabilities, Castellum is acquiring technology companies in the areas of cybersecurity, information technology, electronic warfare, information warfare, and information operations with businesses in the defense, federal, civilian, and commercial markets.

Medtronic, Fluor And 3 Stocks To Watch Heading Into Tuesday

Earnings

News

Pre-Market Outlook

Markets

Trading Ideas

CWCO

GETY

SAIC

Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este lunes: SAIC, GETY, CTM, CWCO y TSQ.

5 acciones en el foco este lunes: SAIC, GETY, CTM, CWCO y TSQ

Movers

ARQT

ATPC

BDTX

DRCT

GCTK

ITCI

LAES

LDTC

QBTS

QMMM

RGTI

RIME

SAGE

STAI

TRAW

VMAR

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

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

Advanced Environmental Recycling Technologies

AERT

AILE

CTXR

HONE

HSON

INTZ

KORE

LITM

NATR

PDYN

REKR

SLDP

VINC

WATT

Descubre los mayores ganadores y perdedores en el mercado previo tras movimientos impactantes en acciones clave hoy.

Las acciones de Vincerx Pharma (VINC) suben alrededor del 64%; 20 acciones que se mueven en premercado

Castellum Inc

CANTERRA MINERALS CORP by Canterra Minerals Corp.

Canterra Minerals Corp

CORPORATE TRAVEL MGMT LTD by Corporate Travel Management Ltd

Corporate Travel Management Ltd

CytomX Therapeutics Inc

After a news report claimed that Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) was <a href="https://www.benzinga.com/25/04/45124373/tesla-board-explored-replacing-elon-musk-as-tesla-ceo-a-month-ago-report">looking to replace</a> CEO Elon Musk, a longtime Tesla bull dismissed the idea, calling the likelihood of such a move extremely low.
What Happened: On Thursday night, Gary Black, the managing partner at The Future Fund LLC, and a Tesla bull for years, addressed speculation about Musk's potential ouster in a post on X, dismissing concerns regarding the board seeking his replacement.
In his post, Black said if Musk stepped down as CEO but stayed on as a Chief Technology Officer or a Chief Product Officer, Tesla's stock could drop 5% to 10%. A complete departure, he warned, could trigger a 20% to 25% decline, wiping out nearly $220 billion in shareholder value.
See More: <a href="https://www.benzinga.com/markets/equities/25/05/45157565/dan-ives-raises-apple-price-target-to-270-says-worst-case-scenario-off-the-table-for-iphone-tariffs-as-tim-cook-reveals-made-in-india-move">Dan Ives Raises Apple Price Target To $270, Says &#8216;Worst Case Scenario&#8217; Off The Table For iPhone Tariffs As Tim Cook Reveals Made In India Move</a>
Black&#8217;s post highlights the extent to which Musk still anchors Tesla&#8217;s $880 billion market cap, a key reason why he believes the &#8220;odds are low&#8221; that the board chooses someone to replace him.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I'm of the opinion that if <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@Elonmusk</a> gave up his CEO role at <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> but continued in some role as Chief Technology Officer or Chief Product Officer, TSLA stock would fall by 5-10%. If Elon left TSLA altogether I believe TSLA stock would fall by 20-25%. For that reason I think… <a href="https://t.co/ZwJ62gEXSB">pic.twitter.com/ZwJ62gEXSB</a>
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1918092329434730615?ref_src=twsrc%5Etfw">May 1, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The noted fund manager posted this on X, with screenshots of <a href="https://benzinga.com/news/management/25/05/45155242/elon-musk-out-as-tesla-ceo-in-2025-prediction-markets-put-little-faith-in-wsj-report-here-are-the-top-replacement-picks">Benzinga&#8217;s report</a> on Musk&#8217;s possible replacements based on prediction markets. 
The post came just hours after Musk himself addressed the rumors, blasting The Wall Street Journal's report as an &#8220;extremely bad breach of ethics&#8221; and a &#8220;deliberately false article.&#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">It is an EXTREMELY BAD BREACH OF ETHICS that the <a href="https://twitter.com/WSJ?ref_src=twsrc%5Etfw">@WSJ</a> would publish a DELIBERATELY FALSE ARTICLE and fail to include an unequivocal denial beforehand by the Tesla board of directors! <a href="https://t.co/9xdypLGg3c">https://t.co/9xdypLGg3c</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1917815854647107990?ref_src=twsrc%5Etfw">May 1, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Why It Matters: Another long-time Tesla bull, Dan Ives, of Wedbush Securities, said on Thursday that he believes Musk will remain as CEO of Tesla for at least <a href="https://www.benzinga.com/markets/equities/25/05/45126370/elon-musk-will-remain-tesla-ceo-for-at-least-5-years-says-dan-ives-as-company-calls-replacement-rumors-absolutely-false">the next five years</a>, while also adding that this might have been the board&#8217;s warning shot. 
Musk, a serial entrepreneur, is no stranger to <a href="https://benzinga.com/tech/25/05/45149124/elon-musk-replacement-rumors-billionaire-also-had-unceremonious-exits-from-paypal-openai">friction in the workplace</a> and unceremonious exits, with several such instances throughout his career.
Price Action: Tesla shares ended Thursday down by 0.58%, and are now down 1.06% after hours, in part due to the rumors and uncertainties surrounding a change in leadership.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="136" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02001222/Screenshot-2025-05-02-at-9.42.02-AM-1024x136.png" alt="" class="wp-image-898250" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02001222/Screenshot-2025-05-02-at-9.42.02-AM-1024x136.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02001222/Screenshot-2025-05-02-at-9.42.02-AM-300x40.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02001222/Screenshot-2025-05-02-at-9.42.02-AM-768x102.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02001222/Screenshot-2025-05-02-at-9.42.02-AM-1536x204.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02001222/Screenshot-2025-05-02-at-9.42.02-AM.png 1598w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
The stock scores high on momentum and quality according to Benzinga Edge Stock Rankings, and is favorable in the short and long terms, but is unfavorable in the medium term. For more insights, sign up for <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge</a>.
Photo Courtesy: Shutterstock.com
Read More: 
<ul>
<li><a href="https://www.benzinga.com/25/05/45156364/elon-musks-100m-climate-gamble-houstons-mati-carbon-wins-50m-with-rock-dust-hack-to-save-100m-farmers-across-3-continents">Elon Musk&#8217;s $100M Climate Gamble: Houston&#8217;s Mati Carbon Wins $50M With Rock Dust Hack To Save 100M Farmers Across 3 Continents</a></li>
</ul>

TSLA

Elon Musk's Exit As CEO Means 25% Drop In Tesla Stock Price: Gary Black Highlights Why Musk's Leadership Still Anchors Tesla's Valuation

On Thursday, Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) CEO Andy Jassy predicted a potential shift in consumer behavior reminiscent of the pandemic era while asserting that the e-commerce giant is doubling down on affordability.
What Happened: During <a href="https://www.benzinga.com/general/entertainment/25/05/45151230/amazon-q1-earnings-double-beat-q2-guidance-ceo-focuses-on-making-customers-lives-easier-and-better">Amazon's first-quarter earnings</a> call, Jassy addressed questions about Amazon's medium-term strategy amid trade tensions and possible tariff hikes.
&#8220;It's hard to tell what's gonna happen with tariffs right now,&#8221; he stated, adding, &#8220;There's maybe never been a more important time in recent memory than than, you know, trying to keep prices low, which we're heads down, pretty maniacally focused on.&#8221;
Jassy highlighted that Amazon is taking several proactive steps, including purchasing more inventory in advance for products it sells directly and encouraging third-party sellers to do the same, to shield customers from potential price increases.
See Also:&nbsp;<a href="https://www.benzinga.com/news/25/04/44999826/jeff-bezos-final-ceo-letter-isnt-just-about-amazon-it-is-a-clarion-call-for-resisting-normality-the" target="_blank" rel="noreferrer noopener">Jeff Bezos' Final CEO Letter Isn't Just About Amazon — It Is A Clarion Call For Resisting Normality: ‘The World Wants You To Be Typical…Don't Let It Happen'</a>
He also pointed out that during the pandemic, customer preferences changed in ways no one expected, and something similar could happen again.
Why It's Important: Amazon reported first-quarter net sales of $155.7 billion, marking a 9% increase from the same period last year and surpassing Wall Street's consensus estimate of $155.04 billion.
For the second quarter, the company expects net sales to range between $159 billion and $164 billion, representing year-over-year growth of 7% to 11%. Analysts, on average, are projecting second-quarter sales of $160.91 billion.
Earlier this week, it was reported that some Amazon sellers are opting out of Prime Day 2025 or <a href="https://www.benzinga.com/25/04/45058018/trumps-145-china-tariffs-spark-seller-backlash-as-amazon-prime-day-2025-faces-pullouts-and-discount-cuts-report">reducing their discounts</a> due to high tariffs imposed by President Donald Trump on goods imported from China.
Price Action: Amazon (AMZN) shares rose 3.13% during Thursday&#8217;s regular session, closing at $90.20. However, the stock fell 3.21% in after-hours trading, reaching $184.10, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Amazon holds a robust growth score of 94.08% in the Benzinga Edge Stock Rankings. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it stacks up against</a> other leading e-commerce competitors.
Photo Courtesy: DFree On Shutterstock.com
Read Next:
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<li><a href="https://www.benzinga.com/personal-finance/24/07/39842841/charlie-munger-said-getting-rich-is-harder-than-ever-but-heres-the-beauty-of-it-you-only-have-to" target="_blank" rel="noreferrer noopener">Charlie Munger Said Getting Rich Is Harder Than Ever, But Here&#8217;s ‘The Beauty Of It&#8217; — You Only Have To Do It Once</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with&nbsp;the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was&nbsp;reviewed and published by Benzinga editors.

Tech

AMZN

Andy Jassy Predicts Pandemic-Like Consumer Shifts, Says Amazon Is 'Maniacally Focused' On Keeping Prices Low

Snap Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) reported <a target="_blank" href="https://www.benzinga.com/general/social-media/25/04/45084721/snap-hits-900-million-users-beats-q1-estimates-but-stock-slides-on-uncertainty" rel="noreferrer noopener">first-quarter results</a> on Tuesday and announced it would not provide second-quarter guidance.
Snap reported first-quarter revenue of $1.36 billion, up 14%, topping the Street consensus estimate of $1.35 billion<a target="_blank" href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0429" rel="noreferrer noopener">.</a>
The company reported an adjusted loss of 8 cents per share, beating a Street consensus estimate of 13 cents per share.
Also Read: <a target="_blank" href="https://www.benzinga.com/general/social-media/25/04/44747892/amazon-wayfair-pinterest-win-analyst-backing-due-to-tariff-pause-supply-chain-relief-discretionary-spend-recovery" rel="noreferrer noopener">Amazon, Wayfair, Pinterest Win Analyst Backing Due To Tariff Pause, Supply Chain Relief, Discretionary Spend Recovery</a>
Multiple Wall Street analysts cut their <a target="_blank" href="https://www.benzinga.com/quote/SNAP/analyst-ratings" rel="noreferrer noopener">price targets on</a> the stock.
RBC Capital Markets analyst Brad Erickson maintained a Sector Perform rating with a price target of $12.
Canaccord Capital Markets analyst Maria Ripps maintained a Hold rating with a price target of $9, down from $10.
RBC Capital Markets: Snap&#8217;s first-quarter revenue was roughly in line with expectations, offset mainly by weakness in RoW and, to a lesser degree, Europe. The company&#8217;s DAUs were in line with the outlook and guidance. EBITDA came in materially ahead of expectations, driven by better cost discipline.
So far, in the second quarter of 2025, management notes a headwind for revenue, citing advertisers affected by the de minimis exemptions as an example. Regarding the infrastructure costs per DAU for the quarter, the company anticipates it will fall near the midpoint in the second quarter, with DAUs estimated to be around 468 million.
Investors recognize that Snap tends to lose share during moments of macro weakness, and this report will likely reinforce those views, particularly given 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>) Google&#8217;s much more balanced tone last week (also historically consistent).
Adding to the pain, investors also walked away from the call with unanswered questions regarding how to think about the regional exposure, i.e., China-based advertisers, and whether the weakness is more from APAC or non-China advertisers with China supply chain &amp; de minimis exposure.
Erickson is intrigued at Snap&#8217;s opportunity with Spotlight to drive engagement with accretive monetization over time, but given its platform changes are moving slowly and the platform&#8217;s tendency to underperform during softer macro periods, the analyst lacks arguments to get more constructive beyond that, the stock has come down.
Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) should be better off, given its similar level of advertiser depth, which can fill in auction holes left by the most affected advertisers.
Erickson projected second-quarter revenue of $1.31 billion.
Canaccord Capital Markets: Snap&#8217;s first-quarter results were solid relative to expectations, with MAUs eclipsing 900 million for the first time, total revenue coming in modestly above consensus, and profitability solidly above guidance.
Consistent with the past two quarters, advertising revenue growth decelerated slightly but increased ~9%, with DR revenue maintaining mid-teens growth and comprising 75% of total advertising revenue for the first time. Total active advertisers increased by 60% in the first quarter, reflecting efforts to onboard more SMBs onto the platform, and Snap is increasingly focused on ramping spend from medium-sized advertisers.
Other revenue delivered another quarter of robust growth thanks to Snapchat+, now at a $600 million revenue run rate.
Snap expects stable trends going forward. Global time spent watching content grew in the first quarter, reflecting continued investment in AI models to support better content ranking and personalization.
These new models can integrate new trends and user interaction signals at double the pace of prior models, which helped the number of views on Spotlight posts. For My AI, improvements to responsiveness drove a 55% increase in the number of My AI DAUs in the US.
Given macro-related uncertainty, Snap did not provide formal second-quarter financial guidance. Management noted that it has seen headwinds to start the quarter as the cohort of advertisers impacted by changes to the de minimis exemption has curtailed spending. The company did indicate that it was still growing quarter-to-date.
Price Action: SNAP stock closed lower by 1.63% to $7.83 on Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/43230011/meta-leverages-tiktok-ban-threats-to-boost-instagram-offering-creators-cash-deals" target="_blank" rel="noreferrer noopener">Meta Wants To Leverage TikTok Ban Threat to Promote Instagram On Other Social Media, Offers Cash Deals</a></li>
</ul>
Photo by Poetra.RH via Shutterstock

Analyst Color

WIIM

Price Target

Reiteration

Analyst Ratings

GOOG

GOOGL

SNAP

Analyst Cautions On Snap As Meta And Google Benefit From Ad Spending Shifts

Jack Dorsey, CEO of Block Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XYZ#NYSE">XYZ</a>), expressed excitement about the upcoming delivery of the firm&#8217;s first Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) mining hardware on Thursday, developed as part of its mining products suite, Proto.
What Happened:&nbsp;During the company&#8217;s first-quarter earnings call, Dorsey confirmed that Block was on track to deliver the mining chips and systems in the second half of the year. 
&#8220;And the reason we're so excited is because we've seen this huge opportunity with Bitcoin miners and the systems that they have to deal with on a regular basis,&#8221; Dorsey stated. He noted the huge potential of the Bitcoin hardware supply industry, estimating it as a $3-6 billion annual revenue opportunity.
Block <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39721727/jack-dorseys-block-makes-historic-bitcoin-mining-chip-sale-to-core-scientific-our-first-mi">inked a deal</a> with leading miner Core Scientific Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORZ#NASDAQ">CORZ</a>) last year to supply 15 exahashes per second (EH/s) worth of ASIC chips.
See Also:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/04/45096881/eric-trump-warns-banks-could-be-extinct-in-10-years-if-they-dont-watch-whats-coming-toutin" target="_blank" rel="noreferrer noopener">Eric Trump Warns Banks Could Be &#8216;Extinct In 10 Years&#8217; If They &#8216;Don&#8217;t Watch What&#8217;s Coming,&#8217; Touting Blockchain As &#8216;Better&#8217; Alternative</a>
Talking about Proto, Dorsey stated that the company focused on reliability and flexibility and that they have been in close communication with customers to understand their needs.
&#8220;We have very close relationships with our vendors and our manufacturers, and building in the United States. So these are all things that add up to a pretty compelling product,&#8221; Dorsey added.
Why It Matters: Block has been striving to expand its Bitcoin mining business. It launched the Proto mining suite that consists of ASIC chips, mining rigs, and developer tools, with a special focus on supporting smaller players and home mining.
Dorsey previously voiced optimism in the suite&#8217;s potential to <a href="https://www.benzinga.com/25/02/43873297/jack-dorseys-block-is-really-excited-about-this-bitcoin-mining-initiative-that-aims-to-challenge-the-dominance-of-foreign-firms">challenge foreign dominance </a>in the Bitcoin mining industry
The&nbsp;focus on domestic manufacturing comes at a time when U.S. miners are bracing for potential business disruptions due to escalating trade tariffs with China, home to the world&#8217;s largest Bitcoin hardware makers. According to analysts, American miners were <a href="https://www.hashlabs.io/blog/how-trump-s-tariffs-will-affect-bitcoin-mining" target="_blank" rel="noreferrer noopener">looking</a>&nbsp;at a 22–36% increase in the cost of mining machines.
Block reported <a href="https://www.benzinga.com/news/earnings/25/05/45152696/block-shares-drop-after-worse-than-expected-q1-results-details">worse-than-expected</a> first-quarter results after Thursday&#8217;s market close, with earnings and revenue missing analysts&#8217; estimates.
Price Action:&nbsp; At the time of writing, Bitcoin was exchanging hands at $97,151.14, up 2.47% in the last 24 hours, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.
Shares of Block bled 18.4% in after-hours trading after closing 0.02% higher at $58.48 during Thursday&#8217;s regular session.
The stock exhibited a very high growth score—a measure of the stock&#8217;s combined historical expansion in earnings and revenue across multiple periods. If you&#8217;re scouting for similar high-growth stocks for your portfolio, visit&nbsp;<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Benzinga Edge Stock Rankings</a>.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="505" height="186" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02002000/Screenshot-2025-05-02-094940.png" alt="" class="wp-image-898258" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02002000/Screenshot-2025-05-02-094940.png 505w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02002000/Screenshot-2025-05-02-094940-300x110.png 300w" sizes="(max-width: 505px) 100vw, 505px" /></figure>
Photo Courtesy: Frederic Legrand &#8211; COMEO on Shutterstock.com
Read Next: 
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<li><a href="https://benzinga.com/markets/cryptocurrency/25/04/45115005/bitcoin-ethereum-xrp-dogecoin-slide-into-red-as-q1-gdp-slides-into-contraction" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum, XRP, Dogecoin Slide Into Red As Q1 GDP Slides Into Contraction</a></li>
</ul>

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

Cryptocurrency

$BTC

Core Scientific, Inc. - Class A Common Stock

CORZ

Jack Dorsey Upbeat On Block's Bitcoin Mining Chip Delivery In H2 2025, Sees 'Huge Opportunity' As China Tariffs Disruption Looms

Macro Economic Events

Econ #s

Economics

Reported Earlier, Australia Retail Sales (MoM) For March 0.3% Vs. 0.4% Est.; 0.8% (Revised) Prior

Reported Earlier, Australia Producer Price Index (QoQ) For Q1 0.9% Vs. 0.8% Est.; 0.8% Prior

WESCO International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WCC#NYSE">WCC</a>) shares fell on Thursday after the company reported <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/n45128241/wesco-international-reports-first-quarter-2025-results" rel="noreferrer noopener">first-quarter results</a>.
The company reported adjusted earnings per share of $2.21, missing the analyst consensus estimate of $2.32. Quarterly sales of $5.34 billion outpaced the street view of $5.26 billion.
In the first quarter, reported net sales declined 0.1% year over year, while organic sales rose 5.6% after adjusting for M&amp;A, currency effects, and one fewer workday. Data center sales surged 70% during the quarter.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/04/45115660/3-stocks-to-turn-tariffs-into-opportunities" rel="noreferrer noopener">3 Stocks To Turn Tariffs Into Opportunities</a>
Gross margin was 21.1% in the first quarter, down 10 basis points sequentially and 20 basis points year over year. The decrease in gross margin primarily reflects a decrease in CSS and EES gross margins.
&#8220;Our increased inventory will help manage the potential supply chain impact of global tariffs on our customers,&#8221; said&nbsp;John Engel, Chairman, President, and CEO.
Operating cash flow totaled $28 million for the quarter. The company exited the quarter with cash and equivalents worth $681.6 million, with inventories worth $3.740 billion.
Adjusted EBITDA fell 8.7% year over year to $310.7 million, compared with $340.4 million a year ago.
At the end of December 2024, the company&#8217;s long-term debt (net) increased to $5.136 billion from $5.045 billion.
&#8220;We also issued&nbsp;$800 million&nbsp;of notes to redeem our preferred stock in June. This will strengthen our balance sheet and improve both our cash flow and earnings per share run-rates,&#8221; Engel added.&nbsp;
Outlook: Wesco <a target="_blank" href="https://investors.wesco.com/news-releases/news-release-details/wesco-international-reports-fourth-quarter-and-full-year-2024" rel="noreferrer noopener">reaffirmed </a>its 2025 outlook, projecting 2.5% to 6.5% organic sales growth and $600 million to $800 million in free cash flow.
Price Action: WCC shares closed lower by 6.71% to $152.03 on Thursday.
Read Next:
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<li><a href="https://www.benzinga.com/analyst-ratings/price-target/25/05/45155666/robinhood-stock-falls-after-analysts-cite-weak-crypto-volumes-and-market-headwinds-in-q2-outlook" target="_blank" rel="noreferrer noopener">Robinhood Stock Falls After Analysts Cite Weak Crypto Volumes And Market Headwinds In Q2 Outlook</a></li>
</ul>
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Equities

Guidance

General

Why Did WESCO International Stock Fall On Thursday?

Reported Earlier, Australia Producer Price Index (YoY) For Q1 3.7% Vs. 3.7% Prior

Cardinal Health Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAH#NYSE">CAH</a>) on Thursday&nbsp;reported third-quarter 2025 adjusted EPS of $2.35, up 13% year over year, beating the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">consensus of $2.17</a>.
Sales remained flat at $54.9 billion, missing the consensus of $55.35 billion. Adjusted operating earnings increased 21% to&nbsp;$807 million.
Third-quarter sales for the Pharmaceutical and Specialty Solutions segment remained <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/n45129354/cardinal-health-reports-third-quarter-fiscal-year-2025-results-and-raises-fiscal-year-2025-outlook" rel="noreferrer noopener">unchanged at $50.6 billion</a>.
<ul>
<li>Third-quarter revenue increased by 20%, excluding the impact of the customer contract expiration, driven by brand and specialty pharmaceutical sales growth from existing and new customers.</li>
<li>Segment profit increased 14% to&nbsp;$662 million&nbsp;in the third quarter, driven by contributions from brand and specialty products, MSO platforms (including GI Alliance), BioPharma Solutions (including Specialty Networks), and positive generics program performance, partially offset by the customer contract expiration.</li>
</ul>
Also Read: <a target="_blank" href="https://www.benzinga.com/general/health-care/25/05/45140567/cvs-health-partners-with-wegovy-maker-novo-nordisk-hikes-2025-guidance" rel="noreferrer noopener">CVS Health Partners With Wegovy Maker Novo Nordisk, Hikes 2025 Guidance</a>
Revenue for the Global Medical Products and Distribution segment increased 2% to&nbsp;$3.2 billion, driven by volume growth from existing customers.
<ul>
<li>Segment profit increased 77% to&nbsp;$39 million&nbsp;in the third quarter, driven by the beneficial net impact of cost optimization initiatives.</li>
<li>GMPD segment manufactures, sources, and distributes Cardinal Health brand medical, surgical, and laboratory products, as well as distributes medical, surgical and laboratory products known as national brand products</li>
</ul>
Outlook:&nbsp;Cardinal Health raises fiscal year 2025 adjusted EPS from $7.85-$8.00 to $8.05-$8.15 compared to consensus of $7.96.
<ul>
<li>Increased outlook for Pharmaceutical and Specialty Solutions segment profit to 11.5% to 12.5% growth, from 10% to 12% growth previously.</li>
<li>Narrowed outlook for GMPD segment profit to&nbsp;$130 million&nbsp;to&nbsp;$140 million, from&nbsp;$130 million&nbsp;to&nbsp;$150 million&nbsp;previously.</li>
</ul>
Despite the evolving macro environment conditions, Cardinal Health anticipates double-digit non-GAAP EPS growth in fiscal 2026.
<ul>
<li>The company expects strong segment profit growth in Pharmaceutical and Specialty Solutions.</li>
<li>In the face of the macro uncertainty, the company is updating its expectations for fiscal 2026 GMPD segment profit, which it now expects to be at least consistent with fiscal 2025 segment profit.</li>
<li>The company will continue to assess opportunities and risks and plan to discuss its fiscal 2026 and beyond expectations at its upcoming Investor Day on&nbsp;June 12.</li>
</ul>
Price Action:&nbsp;CAH stock is trading 2.30% higher at $144.53 at the last check Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/health-care/25/05/45140102/potential-tariff-bites-into-becton-dickinson-2025-profit-outlook-company-will-invest-2-5-billion-to-boost-us-manufacturing" target="_blank" rel="noreferrer noopener">Potential Tariff Bites Into Becton Dickinson 2025 Profit Outlook, Company Will Invest $2.5 Billion To Boost US Manufacturing</a></li>
</ul>
Photo by deemerwha studio via Shutterstock

Large Cap

Health Care

Cardinal Health Lifts FY25 EPS Outlook, Sees Growth Despite Tariff Risks

Parker-Hannifin Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) reported mixed third-quarter&nbsp;results <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/g45131034/parker-reports-fiscal-2025-third-quarter-results" rel="noreferrer noopener">and&nbsp;revised its 2025&nbsp;outlook</a> on Thursday.
The company's sales of&nbsp;$4.96 billion&nbsp;and&nbsp;1%&nbsp;organic growth were slightly below the consensus of&nbsp;$4.99 billion.
Adjusted EPS for the quarter was&nbsp;$6.94,&nbsp;<a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">beating the consensus of&nbsp;$6.72.</a>
Orders were up 9%&nbsp;year-over-year (Y/Y), with Diversified Industrial North American businesses up&nbsp;3%&nbsp;Y/Y and Diversified Industrial International businesses up&nbsp;11% Y/Y. Orders in the Aerospace Systems segment increased by 14%&nbsp;Y/Y in the quarter.
Segment Sales: Diversified Industrial North America&nbsp;$2.031 billion&nbsp;(-9.0%&nbsp;Y/Y), Diversified Industrial International&nbsp;$1.358 billion&nbsp;(-5.3%&nbsp;Y/Y), and Aerospace Systems&nbsp;$1.572 billion&nbsp;(+11.6%&nbsp;Y/Y).
The total adjusted segment operating margin for the quarter was&nbsp;26.3%, up 160&nbsp;bps Y/Y.
"The resiliency of our portfolio coupled with the power of our business system, The Win Strategy, has enabled us to consistently deliver strong results through business cycles. With our decentralized structure and the agility of our global teams, we are confident in our ability to manage through macroeconomic uncertainty, including tariffs. We are fully committed to achieving our fiscal year 2029 financial targets.", commented&nbsp;Jenny Parmentier, Chairman and Chief Executive Officer.
Parker-Hannifin's year-to-date cash flow from operations stood at&nbsp;$2.31 billion. It held&nbsp;$408.7 million&nbsp;in cash and equivalents as of quarter-end.
2025&nbsp;Outlook&nbsp;updated: Parker now expects sales growth of (1%), with organic&nbsp;sales growth of&nbsp;1%&nbsp;and<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener"> unfavorable currency of (0.5%)</a>.
The company narrows its adjusted EPS&nbsp;guidance&nbsp;to&nbsp;$26.60-$26.80&nbsp;(prior&nbsp;$26.40&nbsp;to&nbsp;$27.00), compared to the&nbsp;$26.73&nbsp;consensus.
Parker expects a total segment operating margin of approximately&nbsp;22.7%, or approximately&nbsp;25.9%, on an adjusted basis.
Dividend: On April 24, the Board of Directors declared a quarterly cash dividend of $1.80 per share for shareholders of record on May 9, 2025, <a target="_blank" href="https://www.benzinga.com/pressreleases/25/04/g44997194/parker-increases-quarterly-cash-dividend-10-to-1-80-per-share" rel="noreferrer noopener">payable on June 6, 2025</a>.
This dividend represents a 10% increase over the previous quarterly dividend of $1.63 per share.
Investors can gain exposure to the stock via&nbsp;Tema ETF Trust Tema American Reshoring ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSHO#NYSE">RSHO</a>) and ETF Opportunities Trust Brendan Wood TopGun Index ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/BWTG#BATS">BWTG</a>).
Price Action: Parker-Hannifin shares are closed at $610.12 on Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com//node/45114069" target="_blank" rel="noreferrer noopener">Illinois Tool Works Faces Q1 Revenue Dip And Lower EPS, Maintains 2025 Guidance Amid Uncertainty</a></li>
</ul>
Photo Courtesy: Ani_Raw_Shots on Shutterstock

BWTG

Tema ETF Trust Tema American Reshoring ETF

RSHO

Parker-Hannifin Trims Outlook, But CEO Says Firm Ready To Handle Tariff Uncertainty

Wedbush Securities analyst Dan Ives raised his price target on Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) by 8% from $250 to $270, citing &#8220;incremental confidence&#8221; in the company&#8217;s India supply chain strategy amid ongoing tariff concerns.
What Happened: &#8220;This has been a core Street fear over the last month,&#8221; Ives wrote Thursday on X, noting that Apple&#8217;s manufacturing shift could &#8220;take the worst case scenario off the table for iPhone tariffs.&#8221; He also highlighted &#8220;improving&#8221; demand in China, a crucial market for the tech giant.
During Apple&#8217;s fiscal second-quarter earnings call Thursday, CEO Tim Cook revealed the company <a href="https://www.benzinga.com/tech/25/05/45156890/apple-ceo-tim-cook-warns-of-900-million-tariff-impact-in-june-quarter-expects-majority-of-iphones-sold-in-us-to-be-made-in-india">expects a $900 million cost impact</a> in the June quarter due to existing tariffs. Cook emphasized Apple&#8217;s strategic pivot to diversify manufacturing bases.
<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">Raising price target on Apple to $270 reflecting incremental confidence in the India supply chain situation that could now take the worst case scenario off the table for iPhone tariffs&#8230;and this has been a core Street fear over the last month. China demand improving..key &#x1f34e;&#x1f34f;&#x1f402;
&mdash; Dan Ives (@DivesTech) <a href="https://twitter.com/DivesTech/status/1918125666735673524?ref_src=twsrc%5Etfw">May 2, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
&#8220;For the June quarter, we expect the majority of iPhones sold in the U.S. will have India as their country of origin,&#8221; Cook said. He added that Vietnam will now produce nearly all iPads, Macs, Apple Watches, and AirPods sold in the U.S.
See Also: <a href="https://www.benzinga.com/25/05/45157129/bitcoin-ethereum-dogecoin-spike-alongside-stocks-trader-peter-brandt-projects-a-btc-bull-market-top-in-the-125000-150000-range">Bitcoin, Ethereum, Dogecoin Spike Alongside Stocks: Trader Peter Brandt Says BTC On Target To Reach Bull Market Top Of $125,000-$150,000</a>
Why It Matters: The manufacturing shift comes as Apple navigates potential tariff increases on Chinese imports. Cook explained that Apple&#8217;s current tariff exposure primarily relates to the <a href="https://www.benzinga.com/news/earnings/25/05/45152493/apple-reports-strong-q2-earnings-revenue-beat-eps-beat-installed-base-hits-all-time-high-across-all-segments-100-billion-buyback-and-more">February IEEPA-related tariff at 20%</a>, affecting U.S. imports of Chinese-origin products.
Apple <a href="https://www.benzinga.com/news/earnings/25/05/45152493/apple-reports-strong-q2-earnings-revenue-beat-eps-beat-installed-base-hits-all-time-high-across-all-segments-100-billion-buyback-and-more">reported better-than-expected</a> fiscal second-quarter results with revenue of $95.36 billion, exceeding analyst expectations of $94.53 billion. For the upcoming quarter, the company projects low-to-mid-single-digit revenue growth with a gross margin between 45.5% and 46.5%.
Previous analysis from Ives had warned that <a href="https://www.benzinga.com/markets/equities/25/04/44728758/trumps-tariffs-could-push-apple-iphone-prices-to-a-staggering-3500-says-top-analyst">iPhones manufactured in the U.S.</a> could cost as much as $3,500 if significant tariffs were implemented on Chinese imports.
Price Action: Apple Inc.&#8217;s stock closed at $213.32 on Thursday, up 0.39% for the day. In after-hours trading, the stock declined by 3.78% to $205.25. Year to date, Apple shares are down 12.52%.
Apple stock performs well on quality metrics but ranks poorly on valuation, according to Benzinga Edge Stock Rankings. Additionally, the stock shows a negative price trend from the short to the long term. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Sign up to learn more</a>.
Photo Courtesy: hanohiki via Shutterstock.com
Read Next: 
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<li><a href="https://www.benzinga.com/general/entertainment/25/05/45151230/amazon-q1-earnings-double-beat-q2-guidance-ceo-focuses-on-making-customers-lives-easier-and-better">Amazon Q1 Earnings: Double Beat, Q2 Guidance, CEO Focuses On Making &#8216;Customers&#8217; Lives Easier And Better&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

AAPL

Dan Ives Raises Apple Price Target To $270, Says 'Worst Case Scenario' Off The Table For iPhone Tariffs As Tim Cook Reveals Made In India Move

Church &amp; Dwight Co Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHD#NYSE">CHD</a>) shares fell on Thursday after the company reported first-quarter FY25 earnings.
The company&#8217;s <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/b45129547/church-dwight-reports-first-quarter-2025-results" rel="noreferrer noopener">first-quarter revenue</a> declined 2.4% year-on-year to $1.47 billion, missing the analyst consensus estimate of $1.51 billion. Organic sales decreased 1.2% due to a 1.4% lower volume.
The household and specialty products maker reported adjusted earnings per share of 91 cents, which beat the <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">consensus of 90 cents</a>.
Net sales from Consumer Domestic decreased by 3%, Consumer International grew by 2.7%, and Specialty Products declined by 9.3%.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/downgrades/25/04/45117074/starbucks-faces-brand-margin-headwinds-as-analysts-react-to-disappointing-q2" rel="noreferrer noopener">Starbucks Faces Brand, Margin Headwinds As Analysts React To Disappointing Q2</a>
Gross profit decreased 3.9% to $659.6 million, with the gross margin contracting 70 basis points YoY to 45%. Adjusted EPS of $0.91 <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">beat the consensus </a>estimate of $0.90.
Operating income for the quarter fell 3.2% to $295.3, with an operating margin of 20.1%.
The company held $964.1 million in cash and equivalents as of December-end. Operating cash flow for the quarter totaled $185.7 million.
While the tariff situation remains fluid, the company is currently projecting a 12-month run-rate gross tariff exposure of approximately $190 million.
Outlook: Church &amp; Dwight lowered the FY25 adjusted EPS outlook from $3.68 &#8211; $3.72 to $3.44 &#8211; $3.51 compared to an estimate of $3.69. The company also cut the FY25 organic sales growth guidance from 3% &#8211; 4% to flat &#8211; 2%.
For the second quarter, Church &amp; Dwight anticipates organic growth of (-2)% to flat and adjusted EPS of $0.85.
Price Action: CHD shares traded lower by 6.62% at $92.76 at last check Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/earnings/25/05/45150325/gm-cut-its-2025-forecast-on-tariffs-but-core-business-holds-up-says-goldman-sachs" target="_blank" rel="noreferrer noopener">GM Cut Its 2025 Forecast On Tariffs But Core Business Holds Up, Says Goldman Sachs</a></li>
</ul>
Image Via Shutterstock

Why Consumer Goods Maker Church & Dwight Stock Fell On Thursday?

Strategy&nbsp;Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) executive chairman Michael Saylor expressed optimism about the growing adoption of the Bitcoin standard among businesses on Thursday.
What Happened: During the company&#8217;s first-quarter earnings call, Saylor described the growing trend of companies buying Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) for their treasury as a &#8220;virtuous cycle&#8221; and a &#8220;mutually beneficial competition.&#8221;
Saylor was asked about his views on other corporations aping Strategy&#8217;s playbook and how the firm aimed to retain its pioneering status in this area.
&#8220;The more companies that adopt the Bitcoin standard, the more legitimizing it is,&#8221; Saylor said. &#8220;As more companies adopt the Bitcoin standard, they're out there educating equity investors, and that brings more equity capital to the market.
See Also:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/04/45111384/shiba-inu-burn-rate-skyrockets-2094-what-is-going-on" target="_blank" rel="noreferrer noopener">Shiba Inu Burn Rate Skyrockets 2,094%: What Is Going On?</a>
The Bitcoin bull stressed that the entry of more companies will make investors more comfortable investing in the space.
&#8220;So I think the more companies that join, the better it is for Bitcoin,&#8221; Saylor noted. He anticipated that this would hasten&nbsp;the transition to the Bitcoin&nbsp;standard, pressuring companies that have not yet adopted to do so over time.
Why It Matters: Strategy has outpaced the rest of the market in Bitcoin adoption, actively issuing convertible debt and other fixed-income products to add the top cryptocurrency to its reserves. As of this writing, 
Following in its footsteps, big <a href="https://www.benzinga.com/content/44558002/bitcoin-miner-mara-looks-to-sell-2-billion-in-stocks-to-grow-btc-stash-buy-more-servers">Bitcoin miners</a> like Mara Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) and Riot Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>) began hoarding Bitcoin, employing similar stock offerings. According to&nbsp;<a href="https://bitcointreasuries.net/" target="_blank" rel="noreferrer noopener">BitcoinTreasuries.com</a>, MicroStrategy was the largest Bitcoin corporate holder, with a stash worth more than $53.72 billion, followed by MARA and Riot.
Strategy reported <a href="https://www.benzinga.com/news/guidance/25/05/45152230/strategy-q1-earnings-bitcoin-treasury-company-raises-its-btc-yield-and-btc-gain-targets-for-2025">financial results</a> for the first quarter on Thursday after the bell, with revenue missing analyst estimates and an adjusted loss of $16.53 per share. 
Price Action:&nbsp; At the time of writing, Bitcoin was exchanging hands at $96,982.25, up 2.29% in the last 24 hours, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.&nbsp;
Shares of Strategy were down 0.81% in after-hours trading after closing 0.39% higher at $381.60 during Thursday&#8217;s regular session.&nbsp;
MSTR demonstrated a very high momentum score—a measure of the stock&#8217;s relative strength based on its price movement patterns and volatility over multiple timeframes—as of this writing. To find out how other Bitcoin-hoarding companies stack up,&nbsp;visit&nbsp;<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Benzinga Edge Stock Rankings</a>.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="497" height="184" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/01230758/Screenshot-2025-05-02-083739.png" alt="" class="wp-image-898212" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/01230758/Screenshot-2025-05-02-083739.png 497w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/01230758/Screenshot-2025-05-02-083739-300x111.png 300w" sizes="(max-width: 497px) 100vw, 497px" /></figure>
Shutterstock: Yalcin Sonat
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<li><a href="https://benzinga.com/markets/cryptocurrency/25/02/43518087/trump-meme-coin-jumps-4-27-outpaces-bitcoin-ethereum-and-dogecoin-but-its-still-no-where-near-january-highs" target="_blank" rel="noreferrer noopener">TRUMP Meme Coin Jumps 4.27%, Outpaces Bitcoin, Ethereum And Dogecoin, But It&#8217;s Still Nowhere Near January Highs &#8211; Benzinga</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

MARA

MSTR

RIOT

Michael Saylor Considers Competition Copying Strategy's Bitcoin Playbook Mutually Beneficial: 'The More Companies That Join, The Better It Is'

Social media platform,&nbsp;Reddit Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) is seeing strong commercial intent across its iconic comment threads, and it&#8217;s now turning that engagement into ad revenue as part of a broader monetization push.
What Happened: During the company&#8217;s <a href="https://benzinga.com/general/social-media/25/05/45151798/reddit-stock-soars-after-better-than-expected-q1-daily-active-uniques-up-31-ad-revenue-up-61-and-more">first quarter earnings</a> call on Thursday, COO Jen Wong addressed the new ad placements inside the platform&#8217;s comments section, which is known for its high levels of engagement and activity. This comes in addition to the ads that were already in place below the post and above the comments.
Wong notes that 40% of conversations on Reddit are commercial in nature, with users actively discussing products and services. Given the high engagement, she said, many users are on their &#8220;purchase decision journey,&#8221; making the platform's comments section ripe for ad placements.
&#8220;I think almost no [other] platform has ads in their comments,&#8221; Wong said, adding that this level of engagement is a uniquely Reddit trait. 
See More: <a href="https://www.benzinga.com/analyst-ratings/price-target/25/05/45155666/robinhood-stock-falls-after-analysts-cite-weak-crypto-volumes-and-market-headwinds-in-q2-outlook">Robinhood Stock Falls After Analysts Cite Weak Crypto Volumes And Market Headwinds In Q2 Outlook</a>
Wong explains that there are two ways that people end up in Reddit&#8217;s famed comments section: either by clicking on search results for a very specific query, looking for answers in the comments, or by engaging with a post on their feed, because it looked interesting. Either way, she says, &#8220;the intent in the space is very high.&#8221; 
Reddit is encouraged by early results, with Wong noting earlier in the call that ads within comment sections already accounted for 6% of total ad impressions during the quarter.
Why It Matters: Analysts had predicted <a href="https://benzinga.com/markets/25/03/44209873/heres-why-reddits-ad-revenue-growth-is-outpacing-other-social-media-giants">Reddit&#8217;s ad revenue</a> growth to outpace that of peers in 2025, citing its growing appeal to advertisers and the community-driven nature of the platform.
Analysts also attribute the company&#8217;s growing ad business to the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38703190/reddits-enhanced-advertising-tools-drive-sizable-upside-jpmorgan">significant enhancements</a> it has made to its advertising tools over the past year.
The company is now focused on <a href="https://www.benzinga.com/general/social-media/24/11/42221015/reddit-targets-india-brazil-to-boost-global-user-growth-revenue">accelerating its global expansion</a>, turning towards countries such as Brazil and India for user growth, as well as advertising opportunities.
The strong advertising performance is aiding Reddit&#8217;s bottom line, with the company reporting $0.13 earnings per share, from $392 million in revenue, up 61% YoY.
Price Action: The stock was up 1.96% during the regular session on Thursday, and is up 6.49% in after-hours trading, following the announcement of its first quarter results.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="136" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/01223533/Screenshot-2025-05-02-at-8.05.14-AM-1024x136.png" alt="" class="wp-image-898190" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/01223533/Screenshot-2025-05-02-at-8.05.14-AM-1024x136.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/01223533/Screenshot-2025-05-02-at-8.05.14-AM-300x40.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/01223533/Screenshot-2025-05-02-at-8.05.14-AM-768x102.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/01223533/Screenshot-2025-05-02-at-8.05.14-AM-1536x204.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/01223533/Screenshot-2025-05-02-at-8.05.14-AM.png 1598w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
According to Benzinga Edge Stock Rankings, the stock scores well on momentum but does poorly on growth and value. The price trend is favorable in the long run, but is weak in the short and medium terms. For more such insights, sign up for <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge</a>.
Photo Courtesy: Ink Drop On Shutterstock.com
Read More: 
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<li><a href="https://www.benzinga.com/tech/25/05/45156890/apple-ceo-tim-cook-warns-of-900-million-tariff-impact-in-june-quarter-expects-majority-of-iphones-sold-in-us-to-be-made-in-india">Apple CEO Tim Cook Warns Of $900 Million Tariff Impact In June Quarter, Expects Majority Of iPhones Sold In US To Be Made In India</a></li>
</ul>

RDDT

Reddit Stock Spikes Over 6% After-hours After Earning Beat, Platform Considers Putting Ads In Comments To Monetize High 'Engagement'

On Thursday, Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO Jensen Huang told U.S. lawmakers that <a href="https://www.benzinga.com/25/04/45090935/trump-administration-targets-biden-era-ai-chip-curbs-could-scrap-country-tiers-and-tighten-access-to-nvidias-h100-chips-report">export restrictions on AI chips</a> may be helping China's Huawei Technologies gain a competitive foothold in the global artificial intelligence race.
What Happened: In a closed-door meeting with the House Foreign Affairs Committee, Huang and other Nvidia executives raised concerns that U.S. efforts to limit China&#8217;s access to cutting-edge chips may be <a href="https://www.benzinga.com/25/04/45092827/nvidia-to-face-significant-market-loss-in-china-amid-huaweis-ai-chip-development-says-analyst-its-pretty-much-game-over-for-nvidia-in-china">having unintended consequences</a>, reported Reuters, citing a senior Congressional committee staff source.
"If DeepSeek R1 had been trained on [Huawei chips] or a future open-source Chinese model had been trained to be highly optimized to Huawei chips, that would risk creating a global market demand for Huawei chips," a source told the publication.
See Also:&nbsp;<a href="https://www.benzinga.com/25/04/44897214/nvidia-discusses-ai-powering-future-with-japan-amid-rising-energy-demands" target="_blank" rel="noreferrer noopener">Nvidia's Jensen Huang Meets Japanese PM To Discuss AI's Growing Energy Needs</a>
In a statement, Nvidia spokesperson John Rizzo confirmed Huang's meeting with lawmakers, saying he discussed "the strategic importance of AI as national infrastructure and the need to invest in U.S. manufacturing," the report noted.&nbsp;
Rizzo added that Huang "reaffirmed Nvidia&#8217;s full support for the government's efforts to promote American technology and interests around the world."
Why It Matters: On the same day, Nvidia also criticized Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)-backed Anthropic for its allegations related to AI chip export restrictions, urging American firms to focus on innovation instead of making exaggerated allegations, <a href="https://www.cnbc.com/2025/05/01/nvidia-and-anthropic-clash-over-us-ai-chip-restrictions-on-china.html">reported</a> CNBC.
Last month, the U.S. government <a href="https://www.benzinga.com/government/regulations/25/04/44971572/nvidia-chip-ban-wont-stop-chinas-ai-momentum-say-analysts-blocking-h20-would-hand-market-to-huawei-amid-trump-era-export-crackdown">barred Nvidia from selling</a> its H20 chip, designed specifically for the Chinese market, after initial shipments began.
Nvidia expects to take a <a href="https://www.benzinga.com/25/04/44830406/nvidia-to-take-55-billion-hit-over-china-chip-export-restrictions-but-top-analyst-dan-ives-says-hes-not-overly-concerned-all-part-of-the-high-game-of-poker">$5.5 billion hit in the first quarter</a> ending April 27, tied to inventory and purchase commitments for its H20 chip.
Huawei has <a href="https://www.benzinga.com/25/02/43945751/huawei-boosts-ai-chip-production-despite-taiwan-semi-and-asml-ban-aims-to-challenge-nvidia-in-china?utm_source=chatgpt.com">begun to fill the vacuum</a> left by Nvidia's constrained presence. Last month, it was reported that the Chinese tech giant was preparing mass shipments of its own AI chips as demand for alternatives surged in China.
Price Action: Nvidia shares have declined 19.30% year-to-date but remain up 34.41% over the past 12 months. On Thursday, the stock rose 2.47% to close at $111.61, <a href="https://pro.benzinga.com/dashboard">according to Benzinga Pro</a>.
Benzinga Edge Stock Rankings gives Nvidia a strong growth score of 94.78%. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it stacks up against other top tech companies</a>.
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>
</ul>
Photo Courtesy: glen photo via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Market-Moving Exclusives

Media

NVDA

Nvidia CEO Jensen Huang Warns US Lawmakers Are Fueling Rise Of China's Huawei With Their Chip Export Bans

Wall Street experienced a positive momentum as the S&amp;P 500 marked its eighth consecutive day of gains on Thursday, climbing 0.6% to 5,604.14. This rally helped the index recover from losses incurred due to trade tariffs announced by President Donald Trump. The Nasdaq also saw a significant rise of 1.5% to 17,710.74, driven by robust corporate earnings that bolstered investor confidence. The Dow Jones Industrial Average ended the day higher by 0.2% to 40,752.96.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Apple Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)
Apple&#8217;s stock rose by 0.39%, closing at $213.32. The stock reached an intraday high of $214.56 and a low of $208.90, with a 52-week range of $169.21 to $260.09. Apple reported strong <a href="https://www.benzinga.com/news/earnings/25/05/45152493/apple-reports-strong-q2-earnings-revenue-beat-eps-beat-installed-base-hits-all-time-high-across-all-segments-100-billion-buyback-and-more">second-quarter earnings</a>, surpassing revenue and earnings per share estimates. Revenue came in at $95.36 billion, surpassing estimates of $94.53 billion, while earnings pers share of $1.65 beat the $1.63 estimates. The company also announced a $100 billion buyback, with its installed base hitting an all-time high across all segments. Apple shares declined 3.78% in after-hours trading to $205.25.
Amazon.com Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)
Amazon&#8217;s stock climbed 3.13%, closing at $190.20, with an intraday high of $191.81 and a low of $187.50. The 52-week range is $151.61 to $242.52. In the after-hours trading shares slipped 3.21% to $184.10. Amazon reported a <a href="https://www.benzinga.com/general/entertainment/25/05/45151230/amazon-q1-earnings-double-beat-q2-guidance-ceo-focuses-on-making-customers-lives-easier-and-better">double beat in its first-quarter earnings</a> and provided optimistic guidance for the second quarter. First-quarter net sales rose 9% year-over-year to reach $155.7 billion. CEO Andy Jassy emphasized the company&#8217;s focus on enhancing customer experiences.
Reddit, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>)
Reddit&#8217;s stock increased by 1.96%, closing at $118.79. It hit an intraday high of $126.10 and a low of $117.49, with a 52-week range of $45.72 to $230.41. Reddit reported <a href="https://www.benzinga.com/general/social-media/25/05/45151798/reddit-stock-soars-after-better-than-expected-q1-daily-active-uniques-up-31-ad-revenue-up-61-and-more">better-than-expected first-quarter results</a>, with daily active users up 31% and ad revenue increasing by 61% from the previous year. The company reported earnings per share of 13 cents, which beat the consensus estimate of 2 cents. In the after-hours trading, Reddit shares piked nearly 6.5% to $126.50.
Strategy Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>)
Strategy&#8217;s stock edged up 0.39%, closing at $381.60, with an intraday high of $403.90 and a low of $381.03. The 52-week range is $101 to $542.99. Strategy reported a <a href="https://www.benzinga.com/news/guidance/25/05/45152230/strategy-q1-earnings-bitcoin-treasury-company-raises-its-btc-yield-and-btc-gain-targets-for-2025">first-quarter revenue</a> miss but raised its Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) yield and gain targets for 2025, reflecting its strategic focus on cryptocurrency.
Block, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XYZ#NYSE">XYZ</a>)
Block&#8217;s stock showed a slight increase of 0.02%, closing at $58.48. It reached an intraday high of $59.68 and a low of $58.21, with a 52-week range of $46.42 to $99.26. Shares plunged over 18% to $47.70 in after-hours trading. The Jack Dorsey-led company reported <a href="https://www.benzinga.com/news/earnings/25/05/45152696/block-shares-drop-after-worse-than-expected-q1-results-details">worse-than-expected first-quarter results</a>, missing both earnings and revenue estimates, which impacted its stock performance. Earnings per share were reported at 56 cents, missing the 87-cent consensus estimate.
Photo Courtesy: Gumbariya On Shutterstock.com
Prepare for the day&#8217;s trading&nbsp;<a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a>&nbsp;by Benzinga.
Read Next: 
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<li><a href="https://www.benzinga.com/25/05/45156714/cathie-wood-pours-9-8-million-in-robinhood-despite-crypto-revenue-slump-keeps-dumping-palantir-ahead-of-earnings">Cathie Wood Pours $9.8 Million In Robinhood Despite Crypto Revenue Slump, Keeps Dumping Palantir Ahead Of Earnings</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Apple, Amazon, Reddit, Strategy, Block: Why These 5 Stocks Are On Investors' Radars Today

Leading cryptocurrencies rallied Thursday as investors turned to Bitcoin amid a weak financial climate.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>+2.72%</td>
<td>$96,815.33</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+2.76%</td>
<td>$1,844.13</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+4.88%</td>
<td>$0.1812</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin reached an intraday high of $97,437.96 in the early trading hours, then fell to roughly $96,500 in the afternoon before making a fresh move past $97,000 overnight.
Ethereum peaked at $1,872.94 for the day before pulling back to $1,835. Both assets saw an appreciable spike in trading volumes.
Bitcoin's market dominance rose to a yearly high of 63.8%, implying that investors were more confident in the "King Coin" relative to other cryptocurrencies.
Bitcoin&#8217;s uptick comes a day after the U.S. economy contracted in the first quarter, with investors possibly <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/45100047/recession-odds-spike-wall-street-tumbles-as-q1-gdp-surprisingly-contracts-be-patient-trump-responds">considering it as a safe haven</a> in times of economic turmoil.
The upsurge resulted in $209 million in cryptocurrency liquidations, with $154 million in bearish shorts erased.
Bitcoin&#8217;s Open Interest exploded 8.21% to $66.93 billion in the last 24 hours, marking a jump in leverage and potential market volatility. Interestingly, despite the surge, the majority of Binance traders with open BTC positions were short as of this writing.
The market returned to "Greed" sentiment, according to the Crypto Fear and Greed Index.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Walrus (WAL)</td>
<td>+16.07%</td>
<td>$0.6488</td>
</tr>
<tr>
<td>Sonic (S)</td>
<td>+16.02%</td>
<td>$0.5731</td>
</tr>
<tr>
<td>Immutable (IMX)</td>
<td>+10.21%</td>
<td>$0.6169</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization rose 2.02% to $3.01 trillion in the last 24 hours.
Stocks began May on a high. The Dow Jones Industrial Average rose 83.60 points, or 0.21%, to end at 40,752.96. The S&amp;P 500 lifted 0.63% to finish at 5,604.14. The tech-heavy Nasdaq Composite spiked 1.52%, ending at 17,710.74.
The rally was catalyzed by strong first-quarter financials reported by tech biggies Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>). The two ‘Mag 7' companies <a href="https://www.benzinga.com/25/04/45117886/microsoft-q3-earnings-highlights-revenue-beat-eps-beat-cloud-revenue-up-20">reported</a> revenue and earnings that exceeded expectations, gaining 7.63% and 4.23%, respectively.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Seasoned trader Peter Brandt said Bitcoin was on target to reach the bull cycle top between $125,000 and $150,000 by August or September if it can "regain the broken parabolic slope." From then on, Brandt projected a 50% pullback.
Typically, parabolic slope patterns are characterized by a steep, rapid, and exponential rise in price, followed by a sharp decline.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Hey <a href="https://twitter.com/scottmelker?ref_src=twsrc%5Etfw">@scottmelker</a> If Bitcoin can regain the broken parabolic slope then <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> is on target to reach the bull market cycle top in the $125k to $150K level by Aug/Sep 2025, then a 50%+ correction <a href="https://t.co/WUUzxl0ckn">pic.twitter.com/WUUzxl0ckn</a>
&mdash; Peter Brandt (@PeterLBrandt) <a href="https://twitter.com/PeterLBrandt/status/1917927972625121316?ref_src=twsrc%5Etfw">May 1, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Cryptocurrency trader and analyst CryptoBullet stated Ethereum's mid-term correction is over, and the asset was primed for a "good" mid-term bounce.
"So in the next few months, I&#8217;m expecting a good rally: ETH &amp; its ecosystem will bounce. My first target is $2500," the trader predicted.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> Monthly chart &#x7C; Macro Perspective I believe this mid-term correction is over. We took out the Aug-Oct 2023 lows, printed a giant reversal candle and held the mid line of the Channel The bottom is in and we&#39;re gonna have a good mid-term bounce &#x1f4c8; This can be a Dead Cat… <a href="https://t.co/4vCK9DvjFq">https://t.co/4vCK9DvjFq</a> <a href="https://t.co/PddpRkujp1">pic.twitter.com/PddpRkujp1</a>
&mdash; CryptoBullet (@CryptoBullet1) <a href="https://twitter.com/CryptoBullet1/status/1917946030773178711?ref_src=twsrc%5Etfw">May 1, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo Courtesy: alfernec on Shutterstock.com
Read Next:    
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/45106306/inside-donald-trumps-plan-to-become-the-bitcoin-superpower">Inside Donald Trump&#8217;s Plan To Become The &#8216;Bitcoin Superpower&#8217;</a></li>
</ul>

$DOGE

$ETH

MSFT

Bitcoin, Ethereum, Dogecoin Spike Alongside Stocks: Trader Peter Brandt Says BTC On Target To Reach Bull Market Top Of $125,000-$150,000

On Thursday, during Apple Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) <a href="https://www.benzinga.com/news/earnings/25/05/45152493/apple-reports-strong-q2-earnings-revenue-beat-eps-beat-installed-base-hits-all-time-high-across-all-segments-100-billion-buyback-and-more">fiscal second-quarter earnings</a> call, CEO Tim Cook said that the tech giant expects a $900 million cost impact in the June quarter due to tariffs
What Happened: "For the June [quarter], we do expect the majority of iPhones sold in the U.S. will have India as their country of origin," Cook said. He added that Vietnam will now serve as the production hub for nearly all iPads, Macs, Apple Watches and AirPods sold in the U.S.
Apple's pivot comes amid mounting tariffs on Chinese imports.&nbsp;
"Most of our tariff exposure relates to the February IEEPA-related tariff at the rate of 20%, which applies to imports to the U.S. for products that have China as their country of origin," Cook explained.
See Also:&nbsp;<a href="https://www.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" 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>
He also noted that Apple's main product lines — iPhone, Mac, iPad, Apple Watch and Vision Pro — are <a href="https://www.benzinga.com/tech/25/04/44970168/elizabeth-warren-slams-tim-cook-over-alleged-backdoor-deal-with-trump-to-shield-apple-from-crushing-china-tariffs-creates-the-appearance-of-impropriety">not currently impacted</a> by the newly announced global reciprocal tariffs related to semiconductors.
Still, the company is bracing for changes. "Assuming that the current global tariff rates, policies and applications don't change for the balance of the quarter," the impact will be $900 million to the company's costs.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It's Important: Apple posted fiscal second-quarter revenue of $95.36 billion, surpassing Wall Street expectations of $94.53 billion. For the June quarter, the company projects revenue growth in the low-to-mid-single-digit range and forecasts a gross margin between 45.5% and 46.5%.
Previously, Senator Elizabeth Warren (D-Mass.) raised concerns about Cook&#8217;s role in seeking tariff exemptions for Apple products after President Donald Trump threatened to impose up to 145% tariffs on Chinese imports.
If implemented, such tariffs would have significantly impacted Apple's supply chain and profit margins. Wedbush analyst Dan Ives had warned that iPhones made in the U.S. could cost as much as $3,500 — <a href="https://www.benzinga.com/markets/equities/25/04/44728758/trumps-tariffs-could-push-apple-iphone-prices-to-a-staggering-3500-says-top-analyst">more than triple their current price</a>.
Price Action: Apple shares rose 0.39% during Thursday's regular trading session but fell 3.78% in after-hours trading, closing at $205.25, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Per Benzinga Edge's Stock Rankings, Apple has a growth score of 44.65% and a momentum score of 74.54%. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it compares to other top tech stocks</a>.
Photo Courtesy: Ringo Chiu on Shutterstock.com
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/25/05/45126668/apple-lied-under-oath-judge-says-tim-cook-ignored-internal-warnings-in-epic-games-case-fallout-this-is-an-injunction-not-a-negotiation">Apple Executive &#8216;Outright Lied,&#8217; Says Judge In Epic Case Fallout — Tim Cook &#8216;Chose Poorly&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with&nbsp;the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was&nbsp;reviewed and published by Benzinga editors.

Apple CEO Tim Cook Warns Of $900 Million Tariff Impact In June Quarter, Expects Majority Of iPhones Sold In US To Be Made In India

On Thursday, Cathie Wood-led Ark Invest made significant trades involving Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), and Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>).
The Robinhood Trade saw Ark Invest&#8217;s ARK Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#BATS">ARKK</a>) fund acquire 210,714 shares of Robinhood Markets Inc. The trade, valued at approximately $9.82 million based on Thursday&#8217;s closing price of $46.62, comes after Robinhood recently reported <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45138927/whats-going-on-with-robinhood-shares-thursday">first-quarter earnings</a> that surpassed expectations. Robinhood shares experienced a decline of 5.07% on Thursday. The company&#8217;s revenue from cryptocurrency trading <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45138927/whats-going-on-with-robinhood-shares-thursday">saw a 30% drop,</a> prompting CEO Vlad Tenev to explore diversification strategies to reduce reliance on transaction volumes.
The AMD Trade involved Ark Invest purchasing 26,146 shares of AMD through the ARKK fund and an additional 3,082 shares via the ARK Next Generation Internet ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#BATS">ARKW</a>) fund. The total value of these trades amounts to approximately $2.8 million, calculated using AMD&#8217;s closing price of $96.65. AMD shares have <a href="https://www.benzinga.com/news/25/04/44876468/whats-going-on-with-amd-stock-14">been under pressure</a> due to new U.S. government restrictions on AI chip exports to China and other regions, which led to a significant inventory charge and anticipated revenue impact.
The Palantir Trade saw Ark Invest selling 19,406 shares of Palantir Technologies Inc from the ARKK fund, valued at approximately $2.25 million based on the closing price of $116.20. This decision comes ahead of Palantir&#8217;s <a href="https://www.benzinga.com/25/04/45124622/cathie-wood-sells-palantir-shares-worth-2-65-million-ahead-of-earnings-doubles-down-on-this-chip-giant">upcoming earnings report</a>. Notably, Wood offloaded $2.65 million worth of Palantir shares on Wednesday.
Other Key Trades:
<ul>
<li>Purchased 186,812 shares of Guardant Health Inc. (GH) through the ARKK fund.</li>
<li>Sold 49,969 shares of Roblox Corp (RBLX) from the ARKK fund.</li>
<li>Acquired 115,500 shares of 10X Genomics Inc. (TXG) via the ARKK fund.</li>
<li>Bought 184,742 shares of Aurora Innovation Inc. (AUR) through the ARKQ fund.</li>
</ul>
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ECARX Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ECX#NASDAQ">ECX</a>) reported quarterly losses of $(0.08) per share. This is a 33.33 percent increase over losses of $(0.12) per share from the same period last year. The company reported quarterly sales of $168.50 million which beat the analyst consensus estimate of $154.18 million by 9.29 percent. This is a 31.13 percent increase over sales of $128.50 million the same period last year.

Earnings Beats

CORRECTION: ECARX Holdings Q1 EPS $(0.08) Up From $(0.12) YoY, Sales $168.50M Beat $154.18M Estimate

Press Releases

Castellum, Inc. Announces 2024 Unaudited Financial Results

Contracts

Castellum, Inc. Announces the Award of a $103.3 million Contract to its GTMR Subsidiary

Management

Castellum, Inc. Hires Tanya Bassett as Vice President of Business Development and Capture Management; Reinforces Strategic Commitment to Organic Growth

Castellum Announces Proposed Public Offering of Common Stock and Warrants

Castellum Announces Pricing of $4.5 Million Public Offering of Common Stock and Warrants

Castellum, Inc.'s Subsidiary GTMR Achieves CMMI Level 3 Appraisal

Castellum Announces Closing of $4.5 Million Public Offering of Common Stock and Warrants

Castellum, Inc. Alerts Holders of Remaining Warrants Issued as Part of its $4.5 Million Public Offering that Closed on March 19, 2025 of Deadline to Exercise

Castellum, Inc.'s Subsidiary GTMR Adds Professional Services to its Current GSA MAS Contract

Castellum, Inc. Reduces Principal Balance by $2 Million on Notes Payable to Robert Eisiminger and Extends Maturity Date

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