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Founded in 2013 and headquartered in San Francisco, DoorDash is an online delivery demand aggregator. Consumers can use its app to order food items on-demand for delivery or in-store from merchants. Through the acquisition of Wolt in 2022, the firm also provides this service in Europe and Asia. DoorDash creates a marketplace for merchants to establish a presence online, market their offerings, and meet demand through delivery. The firm provides similar service to nonrestaurant businesses, such as grocery, retail, and pet supplies. Dash is also rolling out nascent technology like drone delivery in an effort to continually innovate and provide the best possible service to supply-side and demand-side contingents of its marketplace.

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NBA legend Shaquille O&#8217;Neal is instilling in his children the importance of self-reliance and entrepreneurship.
What Happened: O&#8217;Neal, who has a net worth of approximately $500 million, has made successful investments in real estate, technology, and entertainment. 
He owns 155 Five Guys restaurants and nine Papa John&#8217;s franchises in Atlanta. Despite his wealth, the former LA Lakers player insists his children create a business plan before he considers giving them any money.
In a 2021 <a href="https://www.instagram.com/earnyourleisure/#">interview</a> O&#8217;Neal stated, &#8220;My kids are older now. They kinda upset with me &#8211; not really upset &#8211; but they don&#8217;t understand. Because I tell them all the time. We ain&#8217;t rich. I&#8217;m rich. You&#8217;ve got to have Bachelor&#8217;s or Master&#8217;s degrees and then if you want me to invest in one of your companies, you&#8217;re going to have to present it. Bring it to me, I&#8217;ll let you know. I&#8217;m not giving you nothing."
O&#8217;Neal, a father of six, emphasizes the importance of education and self-reliance. He hopes his children will become professionals and business owners. 
Also Read: <a href="https://www.benzinga.com/general/sports/25/03/44348149/shaq-once-spent-1-million-in-a-day-on-luxury-then-realized-taxes-took-a-huge-cut">Shaq Once Spent $1 Million in a Day on Luxury, Then Realized Taxes Took a Huge Cut</a>
&#8220;Listen, I got six kids. I would like a doctor, somebody to own a hedge fund, a pharmacist, a lawyer, someone that owns multiple businesses, someone to take over my business. But I tell them I&#8217;m not going to hand it to you. You gotta earn it,&#8221; he added. 
He also revealed his philosophy of &#8220;respectable nepotism&#8221; in another interview, where he discussed the requirement of a business plan before considering a handout.
Despite his fame, O&#8217;Neal has distanced himself from the &#8216;celebrity&#8217; status, stating, "These celebrities are going freaking crazy and I don&#8217;t want to be one. I denounce my celebrity-ness today. I&#8217;m done with it."
Why It Matters: O&#8217;Neal&#8217;s unique approach to parenting underscores the importance he places on financial independence and self-reliance. By requiring his children to present a business plan before considering financial support, he is teaching them the value of entrepreneurship and hard work. 
His philosophy of &#8220;respectable nepotism&#8221; further emphasizes his belief in merit-based success, even within his own family. 
This approach could potentially inspire other parents, particularly those in the public eye, to adopt similar strategies in their own parenting.
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Why Shaq Won't Share His $500 Million Fortune With His Kids: 'We Ain't Rich. I'm Rich. I'm Not Going to Hand It to You, You Gotta Earn It'

A majority of Americans is expressing concern about the economy&#8217;s trajectory amid rising <a href="https://www.benzinga.com/personal-finance/25/04/44884282/analyst-predicts-recession-is-coming-despite-financial-crisis-put-on-hold-warns-rich-kids-insulated-from-their-own-actions" target="_blank" rel="noreferrer noopener">consumer costs and potential recession risks</a>, and President Donald Trump&#8216;s approval rating is taking the hit.
In a <a href="https://apnorc.org/projects/three-quarters-of-the-public-expect-tariffs-to-increase-consumer-prices/" target="_blank" rel="noreferrer noopener">new poll</a> conducted by The Associated Press-NORC Center for Public Affairs Research between April 17-21, roughly three-quarters of adults predict that tariffs will drive up consumer prices, while about six in ten disapprove of the president&#8217;s handling of economic and trade matters.
Sixty-one percent of respondents said they are troubled by soaring grocery bills, while about half voiced anxiety about an impending economic downturn and the affordability of major purchases.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/management/25/04/44871428/blackstone-president-warns-of-recession-risk-tied-to-trumps-tariffs" rel="noreferrer noopener">Blackstone President Warns Of Recession Risk Tied To Trump&#8217;s Tariffs</a>
Meanwhile, fewer participants expressed immediate fears about the availability of goods on store shelves.
Fifty-two percent of those surveyed oppose tariffs altogether, and 59% believe Trump exceeded reasonable limits in imposing them.
However, public opinion remains split on tariffs&#8217; impact on jobs: about 40% anticipate job growth, while a similar share foresees job losses. Half of respondents expect an uptick in domestic manufacturing.
Views about the economy remain sharply divided along party lines. Approximately six in ten Republicans rate the economy as healthy, while more than eight in ten Democrats rate it poorly.
Concern about a near-term recession runs far higher among Democrats than Republicans, the survey found.
Democrats Oppose Tariffs More Strongly Than Republicans Support Them
Opposition to tariffs is notably stronger among Democrats—82% are against them, including 62% who strongly object. Meanwhile, 55% of Republicans favor tariffs, with 27% expressing strong approval, according to the poll. 
Despite political divisions, majorities across parties agree that tariffs are likely to push consumer prices higher.
Financial anxiety is another point of concern, with 52% of Democrats and 50% of independents citing major personal finance stress, compared to 34% of Republicans. 
Notably, perceptions of economic conditions have flipped dramatically since Trump&#8217;s inauguration, with Republicans now far more optimistic and Democrats markedly more pessimistic than in previous years.
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Trump's Approval Plummets As Tariffs Bite, Americans Expect Skyrocketing Prices and Shrinking Wallets

Seattle-based Loti AI has secured $16.2 million in Series A funding to power the next wave of deepfake <a href="https://www.benzinga.com/25/04/44838892/booz-allen-bets-big-on-ai-defense-tech-with-scout-ai-investment">defense tech</a>.
Led by Khosla Ventures and joined by FUSE, Bling Capital, Ensemble, Alpha Edison, and K5 Tokyo Black, the $16.2 million raise brings Loti's total funding to $23 million, marking a pivotal shift in how seriously the industry is treating digital identity defense, according to<a href="https://variety.com/2025/digital/news/loti-ai-deepfake-protection-announces-public-service-1236339546/"> Variety</a>.
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<h2 class="wp-block-heading">Celebrity Protection in the Age of AI</h2>
Loti AI builds protection software for <a href="https://www.benzinga.com/personal-finance/25/04/44718837/currently-wine-co-raising-1-43m-before-april-22-backed-by-celebrities-and-11k-fans">celebrities</a>, influencers, politicians, athletes, and everyday consumers navigating a world where their faces and voices can be cloned in seconds. According to<a href="https://www.geekwire.com/2025/seattle-startup-loti-lands-16m-to-help-celebs-politicians-and-ceos-detect-deepfakes/"> GeekWire</a>, the startup uses proprietary facial and voice recognition to monitor global digital content, flag unauthorized uses, and remove manipulated or infringing media, from deepfake endorsements to fake social media accounts.
Founded in 2022 by Luke Arrigoni, Rebekah Arrigoni, and serial entrepreneur Hirak Chhatbar, the company is quickly emerging as a leader in likeness protection. Loti's tech began with a focus on high-profile individuals but recently expanded to include consumer-facing tools that help anyone reclaim control over their digital presence.
The funding comes at a pivotal moment. According to<a href="https://variety.com/2025/music/news/no-fakes-act-reintroduced-in-congress-google-1236364878/"> Variety</a>, the re-introduction of the No Fakes Act, a bill designed to help artists and public figures protect their voice and likeness, has earned support from tech giants like Google and Amazon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>).
Trending: BlackRock is calling 2025 the year of alternative assets. <a href="https://www.benzinga.com/money/masterworks">One firm from NYC has quietly built a group of 60,000+ investors who have all joined in on an alt asset class previously exclusive to billionaires like Bezos and Gates.</a>
This tailwind in Washington is giving Loti an even stronger foothold as legal infrastructure begins to catch up with AI's rapid evolution. "They come to us to protect their likeness, their IP rights, and now increasingly to manage how they participate in the generative AI economy," said Loti CEO Luke Arrigoni, according to <a href="https://www.geekwire.com/2025/seattle-startup-loti-lands-16m-to-help-celebs-politicians-and-ceos-detect-deepfakes/">GeekWire</a>.
The company has also formed high-level partnerships with talent agencies WME and CAA, as well as Dolphin Entertainment, whose subsidiaries like 42West, The Door, and Elle Communications now have access to Loti's suite of tools, GeekWire writes.
Khosla Ventures sees this moment as necessary. "Our thesis around Loti is simple. Generative AI enables new deepfake technology that creates new risks and challenges around fraud and trust – challenges that celebrities, influencers, and brands are not prepared for today," Jon Chu, a partner at Khosla Ventures, said in a <a href="https://www.businesswire.com/news/home/20250415846205/en/Loti-AI-Announces-$16.2M-Series-A-Funding-Round-Led-By-Khosla-Ventures">statement</a>. "And Loti has world-class technology paired with a category-leading product that has proven itself by protecting A-list celebrities, household name brands, and individuals and local businesses from threats.&#8221;
See Also: <a href="https://www.benzinga.com/money/overplay">Mark Cuban Backs This Innovative Startup That Turns Videos into Games&nbsp; &#8212; Claim Your Share Now</a>
<h2 class="wp-block-heading">Loti is Quietly Building Market Dominance</h2>
Loti's platform has other features beyond detection and takedown. It equips clients with the tools to govern how their likeness is handled across digital ecosystems, spanning everything from social media to streaming sites to AI datasets. The system operates as both a shield and control panel, either by initiating removals or staying ahead of misuse through active monitoring.
The startup is also facing competitive pressure, most notably from Sony-backed (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>) Vermillio AI, which raised $16 million last month, according to a <a href="https://www.businesswire.com/news/home/20250228026074/e/nVermillio-Completes-$16-Million-Series-A-Funding-Round-Led-by-Sony-Music-and-DNS-Capital">statement</a>. But Loti isn't flinching. &#8220;We see new entrants to our space from time to time,&#8221; said Arrigoni, &#8220;but they are often deterred by the massive technical complexity of monitoring the internet for face and voices so they pivot out of our space. While I'm sure everyone has decent tech, ours is battle-hardened and bespoke to those that rely on these protections.&#8221;
Ranked No. 156 on GeekWire's list of top Pacific Northwest startups, Loti is growing fast and showing no signs of slowing down. While revenue numbers remain under wraps, the client list is reportedly "growing exponentially."
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Khosla Ventures Leads $16.2M Series A In Loti AI, Backed By WME & CAA, To Shield Celebrities From Deepfake Threats

New Securities and Exchange Commission Chair Paul Atkins indicated a friendlier approach toward cryptocurrency during his tenure on Friday, highlighting the need for a clear regulatory policy to help the industry thrive in the U.S.
What Happened: During the cryptocurrency task force roundtable, Atkins emphasized the significance of blockchain technology in modernizing the financial system, predicting it to enhance efficiency, reduce costs, increase transparency, and mitigate risks.
&#8220;Market participants engaging with this technology deserve clear regulatory rules of the road,&#8221; Atkins said. &#8220;Innovation has been stifled for the last several years due to market and regulatory uncertainty that, unfortunately, the SEC has fostered.&#8221;
He expressed his enthusiasm to collaborate with market participants, President Donald Trump's administration, and Congress to create a &#8220;rational, fit-for-purpose&#8221; regulatory framework for crypto assets.
Atkins also expressed his appreciation for Commissioner Hester Peirce&#8217;s <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43685991/sec-crypto-task-force-head-heister-peirce-was-asked-if-trump-melania-memecoin-launches-made-her-job-difficult-this-is-what-crypto-mom-said">persistent advocacy</a> for a logical cryptocurrency policy in the U.S., saying the nickname &#8220;Crypto Mom&#8221; was well-deserved.
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/25/04/44971891/sec-teams-up-with-nayib-bukele-led-el-salvador-for-a-crypto-regulatory-sandbox">SEC Zooms In On Nayib Bukele-Led El Salvador&#8217;s Crypto Regulation Model</a>
Why It Matters: Atkins was sworn in as the 34th SEC chairman earlier this week, much to the delight of cryptocurrency supporters, including Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) Chairman Michael Saylor, <a href="https://www.benzinga.com/content/44962422/michael-saylor-says-newly-confirmed-sec-chair-paul-atkins-will-be-good-for-bitcoin">who viewed the leadership change</a> as &#8220;good&#8221; for Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>).
Atkins' stance on cryptocurrency regulation marks a departure from his predecessor, Gary Gensler, who saw much of the crypto sector as <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41287244/sec-showdown-gary-gensler-defends-crypto-policy-while-commissioner-mark-uyeda-calls-it-dis">potentially violating</a> registration requirements. 
However, his ties with the cryptocurrency industry have raised concerns. Sen. Elizabeth Warren (D-Mass.) <a href="https://www.benzinga.com/25/03/44468393/elizabeth-warren-questions-trumps-sec-pick-paul-atkins-on-ftx-ties-conflict-of-interest-over-trump-memecoin">questioned him</a> on his involvement with the bankrupt cryptocurrency exchange FTX, potentially causing a conflict of interest scenario.
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Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

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

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SEC Chair Paul Atkins Says Crypto Deserves Clear Regulatory Rules, Praises 'Crypto Mom' Hester Peirce's Efforts

Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares have been under pressure as the company faces falling demand for its vehicles all over the world and a brand crisis amid CEO Elon Musk's involvement in politics. The stock has lost 33% in value so far this year. Tesla's deliveries <a href="https://www.cnbc.com/2025/04/02/tesla-tsla-q1-2025-vehicle-delivery-and-production-numbers.html">fell</a> 13% in the first quarter year over year, while sales in Europe <a href="https://edition.cnn.com/2025/04/02/business/tesla-sales/index.html#:~:text=Tesla%20does%20not%20break%20out,grew%2028%25%20on%20the%20continent.%23">dropped</a> a whopping 49% in the first two months of the quarter.
Ross Gerber, the co-founder and CEO of Gerber Kawasaki Wealth &amp; Investment Management, said in an <a href="https://www.youtube.com/watch?v=UcOVZf7FWEg&amp;t=97s">interview</a> with Schwab Network last month that Musk's reputation is one of the factors negatively impacting the company due to the executive's political affiliations.&nbsp;
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Gerber said that consumers need to "feel good" about buying a Tesla, but currently, concerns over political associations and the risk of negative attention are hurting customer sentiment. He said consumers do not want to be involved in the controversies related to the company, and the "fear" of how people will look at you if you are driving a Tesla car is impacting the company.
"We still own a lot of Tesla. I love the company, but the woes seem to just keep adding up, and the stock has come back to earth because the Musk positive has been offset now with Musk negative," Gerber said.
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Robo-Taxis Not Enough to Ignite Growth
Talking about Tesla's financials, Gerber said the company doesn't "look good" in terms of technicals and fundamentals, as it's going through brand and execution issues. He believes Wall Street's earnings estimates for Tesla are still high and are tied to robots and robo-taxis. Gerber called these "moonshot" projects and said Tesla needs to focus more on selling vehicles to consumers:
"The growth isn&#8217;t predicated on selling robots or robo-taxis. Its growth is predicated on selling vehicles to consumers," Gerber told Schwab Network. "So, you know, these projects in some ways like moonshots are like great opportunities for Tesla that I don&#8217;t think they should not do, but they should be addressing the vehicle market that made Tesla what it is.&#8221;
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Trump's Victory Turned Out To Be ‘Not Good At All'
Gerber said that Musk's "huge bet" on President Donald Trump initially seemed to pay off, with a widespread belief that Trump's victory would bode well for the company. However, things didn't turn out to be as expected, and the company is getting attacked "because of the CEO," he said.
&#8220;The perception at the time was like this is going to be great for Tesla, but now that he&#8217;s there, it&#8217;s like how is this good, and it turns out it&#8217;s not good at all. And now people are like burning Teslas," Gerber told Schwab Network.
Gerber said Tesla can go "meaningfully" higher if it meets Wall Street's earnings expectation of $3.80 next year. However, he doubts the company's ability to meet these estimates:
&#8220;If It doesn&#8217;t, Tesla could go meaningfully lower with a revaluation of what the [price-to-earnings ratio] should be, and maybe it should be 50, and then you&#8217;ve got some serious decline. So it&#8217;s not me who decides that, it&#8217;s the market," Gerber said.
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Ross Gerber Says Elon Musk A 'Negative' For Tesla Stock, Trump's Win Proved 'Not Good At All' For Company

A group of Yale University alumni publicly appealed to Treasury Secretary Scott Bessent, urging him to reevaluate his position within the Donald Trump administration.
What Happened: An open letter dated Wednesday, signed by 140 Yale Class of 1984 alumni, alleged that the Trump administration is steering the U.S. toward an &#8220;authoritarian state, undermining democratic values in the process, <a href="https://www.cnbc.com/2025/04/25/yale-treasury-scott-bessent-trump-fascism-us.html">according</a> to CNBC.
The alumni implored Bessent, a member of the class, to &#8220;stand&nbsp;up for what you know&nbsp;to be right&#8221; and to reflect on his role in &#8220;enabling the descent of America&nbsp;into fascism.&#8221;
The letter cited Elon Musk, the head of the Department of Government Efficiency, as having significant access to Americans&#8217; private data, as well as the violation of immigration laws through the &#8220;illegal seizure and incarceration&#8221; of people.
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In a response issued to CNBC, Bessent expressed disappointment in his classmates, criticizing their lack of engagement in the political process. 
&#8220;It is equal parts odd and sad that a group of people, most of whom I have never met, feel they have standing in my life choices due to a tenuous overlap from 40 years ago,&#8221; Bessent added.
He defended his role in the Trump administration, describing it as the &#8220;honor&#8221; of his lifetime. &#8220;President Trump is the man in the arena. And the American people elected him—not these critics.&#8221;
Why It Matters: DOGE, an entity<a href="https://www.benzinga.com/news/global/24/11/41927289/trump-appoints-elon-musk-and-vivek-ramaswamy-to-lead-doge-targeting-bureaucracy-and-65-trillion-federal-spending-we-will-not-go-gently" target="_blank" rel="noreferrer noopener">&nbsp;tasked with cutting federal spending</a>&nbsp;and abolishing excess regulations, has faced allegations of <a href="https://www.benzinga.com/25/04/44859945/whistleblower-alleges-doge-involved-in-major-cybersecurity-breach-at-us-labor-agency">collecting and combining sensitive personal data</a> from government systems, including the Treasury Department.
Moreover, the administration has faced c<a href="https://www.benzinga.com/25/04/44779739/oops-hes-alive-and-secure-trump-administration-updates-status-on-mistaken-deportation-to-el-salvador">riticism for its deportation policy</a> after a Maryland resident was mistakenly sent to El Salvador due to &#8220;administrative error.&#8221; The Supreme Court backed a lower court ruling for officials to assist in the return of the person.
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Image: Shutterstock/Maxim Elramsisy

Yale Classmates Urge Bessent To Reconsider Trump White House Role — Treasury Secretary Calls It an 'Honor'

In a bold move to redefine the sales landscape, Artisan, a San Francisco-based <a href="https://www.benzinga.com/news/25/04/44777981/openai-and-andreessen-horowitz-lead-43m-round-for-cybersecurity-startup-taking-on-ai-scammers-deepfakes-and-voice-spoofs">startup</a>, has secured a $25 million Series A funding round.
The round was led by Glade Brook Capital, with participation from notable investors including Y Combinator, HubSpot Ventures (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBS#NYSE">HUBS</a>), Oliver Jung, Day One Ventures, BOND, Soma Capital, and Sequoia Scout, according to<a href="https://www.artisan.co/blog/artisan-series-a"> Artisan</a>.
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<h2 class="wp-block-heading">Artisan's Origins and Founding Mission</h2>
Founded in 2023 by Jaspar Carmichael-Jack and Sam Stallings, Artisan aims to revolutionize the workplace by replacing repetitive tasks with <a href="https://www.benzinga.com/personal-finance/25/03/44522899/anthropic-ceo-says-ai-could-write-90-of-code-in-3-to-6-months-warns-every-industry-will-be-affected">AI</a> employees, known as &#8220;Artisans.&#8221;
According to the<a href="https://www.artisan.co/ai-sales-agent"> startup&#8217;s page</a>, their first product, Ava, is an AI Business Development Representative that automates the entire outbound sales process. Ava identifies leads, conducts research, crafts personalized messages, and schedules meetings across multiple channels, including email and LinkedIn.
Ava is powered by a multi-agent system and a real-time context engine that monitors the web for buying signals such as job changes, new funding, or leadership moves. This allows her to engage prospects at the optimal time with tailored messages. According to <a href="https://www.artisan.co/blog/artisan-series-a">Artisan</a>, companies like SumUp have reported receiving eight to 15 positive replies per week from hard-to-reach small and medium-sized businesses without increasing their sales staff.​
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Ava&#8217;s capabilities extend to managing email deliverability with a suite of tools designed to optimize every aspect of email campaigns. This includes email warm-up procedures and placement tests to ensure that emails reach their intended recipients. By automating these processes, Ava allows businesses to scale their outbound sales efforts effortlessly, freeing up valuable time and resources that can be redirected toward other important areas. ​
Artisan&#8217;s approach differs from traditional AI integrations by offering fully autonomous AI employees that take over specific job functions. The company believes that AI employees should be held to the same standards as human workers: they must perform their tasks effectively or not at all. This philosophy has driven the development of Ava from a supervised tool to an independent agent capable of managing complex outbound strategies and optimizing for pipeline impact.
<h2 class="wp-block-heading">What's Next for Artisan</h2>
​The recent funding will be used to accelerate research and development, expand the AI workforce, and enhance the Artisan Sales platform. The startup plans to introduce two new AI employees later this year: Aaron, an Inbound SDR Artisan who will qualify and route inbound leads, and Aria, a Meeting Assistant Artisan responsible for scheduling, reminders, and post-call summaries.
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Artisan&#8217;s provocative &#8220;Stop Hiring Humans&#8221; marketing campaign has sparked conversations about the role of AI in the workplace. While the campaign was designed to attract attention, CEO Carmichael-Jack clarified in a <a href="https://www.artisan.co/blog/stop-hiring-humans">blog</a> that the company&#8217;s goal is not to eliminate human workers but to free them from mundane tasks so they can focus on more creative and strategic work.
<h2 class="wp-block-heading">Scaling Human Talent Alongside AI Innovation</h2>
​With a growing team of 35 employees and plans to hire 22 more, Artisan is set to lead the charge in transforming the workplace through AI, according to<a href="https://techcrunch.com/2025/04/09/artisan-the-stop-hiring-humans-ai-agent-startup-raises-25m-and-is-still-hiring-humans/"> TechCrunch</a>.
The company&#8217;s approach and strong investor backing suggest a promising future for AI-driven automation in business operations.
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Image: Shutterstock

HUBS

Glade Brook Leads $25M Bet On Artisan, The AI Startup Backed By Y Combinator, HubSpot, And Sequoia To Replace Human Sales Teams

By Javier Hasse via <a href="https://elplanteo.com/carmelo-anthony-manu-ginobili/">El Planteo</a>
The conversation was about <a href="https://www.benzinga.com/cannabis">cannabis</a>—until it wasn't.
During an <a href="https://www.forbes.com/sites/javierhasse/2025/04/24/carmelo-anthonys-cannabis-mission-comes-home-i-know-the-door-i-hold-open/">exclusive interview</a> about the launch of STAYME7O and Grand National in New York, <a href="https://elplanteo.com/carmelo-anthony-manu-ginobili/">Carmelo Anthony</a> was asked something different. Something personal. Something about respect.
The subject? <a href="https://www.benzinga.com/markets/cannabis/23/03/31399138/exclusive-allen-iverson-magic-johnson-isiah-thomas-and-al-harrington-praise-manu-ginobili">Manu Ginobili</a>.
&#8220;Legendary. Legendary. One of the greatest—not NBA players—one of the greatest basketball players to ever play the game,&#8221; said Anthony without missing a beat.
The praise is weighty, but earned. Ginobili, a four-time NBA champion with the San Antonio Spurs and Olympic gold medalist with Argentina, didn't just play the game. He changed it.
And Carmelo knows. He faced him—Olympics, Playoffs, the biggest stages. Ginobili always brought it, with that southpaw craftiness and fearless energy few could match.
And Melo's not the only one singing his praises.
<a href="https://elplanteo.com/allen-iverson-al-harrington-cannabis/">Allen Iverson</a> called Ginobili "one of the greatest shooting guards to ever play the game." <a href="https://www.benzinga.com/markets/cannabis/24/09/41011619/it-takes-a-village-to-build-generational-wealth-nbas-al-harrington-on-his-full-circle-moment-and">Al Harrington</a> credited him with reshaping the NBA with Euro-style swagger. <a href="https://www.benzinga.com/markets/cannabis/23/03/31383033/isiah-thomas-from-nba-champ-to-business-mogul-hemp-cars-cbd-drinks-champagne-producer">Isiah Thomas</a> spoke about family ties—his cousin Willie Scott played in Argentina—and how he used to tell stories about a skinny lefty doing magic down there.
<a href="https://elplanteo.com/entrevista-con-magic-johnson-cbd-jane-fonda-y-toni-braxton/">Magic Johnson</a> didn't hold back either: "One of the most unstoppable offensive forces we've seen in the NBA."
Magic would know—he played exhibition games in Argentina. He remembers the passion. He remembers the fans. He remembers the energy.
"I think he opened up the door for many other pros to play out of Argentina and come into the NBA," Johnson said. "He helped the country of Argentina because he dominated and he won NBA championships."
Ginobili's influence isn't about stats—it's about spark. The lefty drives. The no-look passes. The clutch moments. The quiet revolution.
For Carmelo Anthony—one of the NBA's most prolific scorers—calling Manu Ginobili one of the greatest isn't just respect. It's recognition. A nod from one icon to another.
No exaggeration. No script. Just facts.
&#8220;Legendary. Legendary.&#8221;
Sometimes, that's all that needs to be said.
Photo: Pointblakeperiod
This article is from an external unpaid contributor. It does not represent Benzinga&#8217;s reporting and has not been edited for content or accuracy.

Cannabis

Carmelo Anthony Calls Manu Ginobili 'Legendary,' Joins Magic Johnson, Allen Iverson In Praise

A rare technical signal is drawing attention on Wall Street, pointing to possible gains for U.S. stocks even as tariff concerns from major <a target="_blank" href="https://www.benzinga.com/markets/25/04/45027002/benzinga-bulls-and-bears-netflix-novavax-intel-and-the-market-begins-to-bounce-back" rel="noreferrer noopener">companies raise risks for the economy</a>.
According to &nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, the S&amp;P 500&nbsp;– as tracked by the&nbsp;SPDR S&amp;P 500 ETF Trust, (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) has gained over 5% in the past five trading sessions, driven by strong buying momentum across sectors. Tesla, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)&nbsp;stock surged 10% to $285.50 Friday afternoon, heading to its best weekly performance of 2025 with a 24% gain.
Particularly, over the last three trading days, more than 70% of stocks on the New York Stock Exchange (NYSE) posted daily gains — a clear sign of widespread market participation.
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The last time a similarly strong buying streak extended to four consecutive days was during the rebound of April 2020, following the pandemic-driven crash.
Ryan Detrick, Chief Market Strategist at Carson Group LLC, highlighted the significance of this rare &#8220;breadth thrust,&#8221; noting that the S&amp;P 500 finished higher one year later in 27 of the past 28 similar instances.
A breadth thrust occurs when a large percentage of stocks rally together over several sessions, indicating broad-based investor enthusiasm rather than isolated leadership among a few mega-cap names. Historically, such patterns have preceded the start of major bull markets.
Detrick <a target="_blank" href="https://x.com/ryandetrick/status/1915749234411794697?s=46&amp;t=ULQgdjrI963eH_sS6HFNXw" rel="noreferrer noopener">posted </a>on X, previously called the Twitter, &#8220;Yet another rare and potentially bullish trigger from this week.&#8221;
While technical indicators point to optimism, economic challenges persist. Executives from companies including American Airlines Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>), PepsiCo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>), and Procter &amp; Gamble Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) warned that ongoing tariff uncertainty <a target="_blank" href="https://www.benzinga.com/news/earnings/earnings-beats/25/04/45018137/pepsico-posts-in-line-results-guidance-reflects-tariff-costs-analysts-say" rel="noreferrer noopener">complicates planning and may pressure consumer sentiment.</a>
Meanwhile, auto groups representing General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), Volkswagen, and Toyota Motor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>) urged policymakers to reconsider tariffs on car parts, <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44963985/automakers-are-struggling-with-tariffs-and-ev-competition-say-analysts" rel="noreferrer noopener">citing potential price increases for consumers.</a>
On the contrary, leaders from firms, including 3M Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) CEO William Brown, <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44921668/3m-stock-surges-after-q1-beat-as-2025-outlook-flags-tariff-pressure" rel="noreferrer noopener">emphasized strategic flexibility </a>to maintain international trade ties, while others, like Steel Dynamics&#8217; Mark Millett, expressed support for certain tariffs, The Wall Street Journal <a target="_blank" href="https://www.wsj.com/business/company-earnings-tariffs-outlooks-2025-2ff68cd7" rel="noreferrer noopener">reports</a>.
Despite macroeconomic headwinds, the breadth thrust suggests underlying resilience in U.S. equities.
Investors may consider prominent names like Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), or broader exposure via the iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>).
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Image: Shutterstock/15 April

Macro Economic Events

AAPL

Wall Street Bets On Bulls, Not Tariffs, As Rare 'Breadth Thrust' Lifts Stocks

At 72, Nancy Neff is not slowing down — instead, she's crisscrossing Europe, taking lace-making classes in Belgium and planning a train trip to Paris for an antique lace auction. Her retirement looks more like a travel documentary than a quiet life at home, all made possible by a decision she made decades ago: start saving early and live below her means.
According to <a href="https://www.businessinsider.com/retire-as-millionaire-boomer-travels-world-frugal-living-budgeting-2025-4">Business Insider</a>, Neff, a Connecticut native, retired with over $1 million in savings. She built her wealth through a long career in academia and computer programming, eventually earning a six-figure salary. But even early in her career, Neff was contributing about 25% of her income to her 401(k). She also followed a conservative investment strategy — opting for diversified mutual funds over market speculation — which helped her ride out multiple recessions.
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"I was very concerned about being an impoverished old lady trying to live on her own and not having anything beyond Social Security," Neff told BI. "I kind of went overboard and saved more than I needed to."
<h2 class="wp-block-heading">Living Large Without Spending Big</h2>
Neff's travel-heavy lifestyle might sound expensive, but she still lives frugally. She chooses budget transportation, camps when she can, and avoids luxury accommodations. She cuts her own hair, shops secondhand, and sticks to a food budget. "I don't really need a marble bathtub," she said. For her, retirement is about meaningful experiences, not flashy luxuries.
Her <a href="https://www.benzinga.com/government/25/04/44941777/social-security-payments-could-face-interruptions-in-may-warns-former-commissioner-martin-omalley-never-hoped-i-was-wrong-so-much-in-my-life">Social Security checks</a> — just a few thousand dollars a month — don't fund her travels. Instead, her well-padded retirement savings and Medicare coverage allow her to afford essentials while keeping her travel dreams alive.
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<h2 class="wp-block-heading">The Minority Experience in Retirement</h2>
While Neff's story is inspiring, it's not the norm. According to the Federal Reserve Bank's Survey of Consumer Finances, only about 40% of American millionaires are over age 65. And AARP reports that one in five Americans over 50 doesn't have adequate retirement savings. Many rely primarily on Social Security, which averages about $1,976 per month for retirees, depending on work history.
Data from United Way's <a href="https://www.unitedforalice.org/news-and-stories-article/7095908E">United for ALICE</a> program shows that 42% of Americans live paycheck to paycheck or below the federal poverty line, making <a href="https://www.benzinga.com/general/education/25/04/44894328/study-says-you-need-1-26-million-to-retire-heres-why-the-math-says-otherwise">comfortable retirements</a> like Neff's out of reach for many.
<h2 class="wp-block-heading">More Americans Are Retiring Abroad</h2>
Neff isn't alone in her decision to spend retirement overseas. According to the Social Security Administration, over 450,000 retired U.S. workers were receiving benefits while living abroad as of December 2022 — many of them in Europe. Mexico and Canada are also popular destinations for retired U.S. citizens.
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Retiring abroad can offer a lower cost of living, access to public healthcare in some countries, and a slower pace of life. But retirees should also be prepared for challenges, including culture shock, language barriers, and navigating foreign residency rules.
<h2 class="wp-block-heading">Advice From Someone Who's Done It</h2>
Despite the <a href="https://www.benzinga.com/personal-finance/25/02/43710578/your-benefits-have-been-suspended-some-americans-abroad-suddenly-lose-access-to-their-social-security-benefits">challenges of retiring abroad</a>, Neff says careful planning made it possible. She doesn't support family or friends financially and kept her expenses low long before retirement. She also advises sticking to the basics: save consistently, don't try to beat the market, and make smart decisions early.
"I've been very lucky — I had enough wits, I was sharp enough to be able to get a degree and work at a challenging job," she said. "But my advice is not just contingent on being lucky."
Whether at home or abroad, Neff's story shows what's possible with a little planning — and a lot of patience.
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Image: Shutterstock

She Retired With $1 Million — And Now She's Traveling Europe At 72: 'I Kind Of Went Overboard And Saved More Than I Needed To'

Legendary investor Warren Buffett is likely considered a mentor and hero to many. In a new interview, Buffett discusses one of his heroes.
What Happened: Buffett had praise for former Washington Post publisher Katharine Graham in a recent interview. Graham's life of going from a housewife to the first female CEO of a Fortune 500 is a new documentary.
"If there's any story that should be told, it's her story," Buffett said in a CBS <a href="https://www.youtube.com/watch?v=QpFiBEsO-VM&amp;t=9s">interview</a>.
Buffett called Graham "one of a kind."
The investor said that Graham was thrown into the role of leading the Washington Post after her husband died by suicide. &nbsp;
Graham faced struggles early with an all-male Board of Directors that wanted her to stay home. Instead, Graham helped fight back against the stigma that only men can success in business.
"Becoming Katharine Graham" is now <a href="https://www.amazon.com/Becoming-Katharine-Graham-George-Kunhardt/dp/B0DCCCRYKL">streaming </a>on Prime Video, the streaming platform from Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>).
Graham became known for leading the Washington Post and pushing the newspaper into questionable decisions like deciding the publish the Pentagon Papers and supporting the Watergate investigation.
Buffett said his favorite memory of Graham was her wining a Pulitzer Prize for a memoir she wrote.
"It was an honest book," Buffett said of the book, saying that noone was disappointed after reading the memoir.
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Buffett's Friendship: Buffett and Graham began an unlikely friendship in June 1973 when the investor sent Graham a letter reaching out about buying up a bunch of Washington Post stock by Berkshire Hathaway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>)(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>). 
Buffet said the stock was "ridiculously cheap" at the time and he wanted to make sure she was okay with him becoming a large stakeholder.
The legendary investor said he helped reassure Graham that she was doing a great job leading the newspaper.
"She was torturing herself," Buffett said.
The new documentary shows how much former President Richard Nixon hated the newspaper and Graham. While that feud put pressure on Graham, Buffett said a 1975 strike and the idea of possibly losing the newspaper is what scare her the most.
"That tore her apart."
Buffett told CBS that Graham prevailed because of her bravery. Her push helped the Washinton Post stock price go up over 3,000% while she was publisher, making the investor a lot of money.
In the interview, Buffett said that Graham was one of his heroes for what she did under her circumstances. The investor said Graham showed unique heroism during her life.
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Image: Shutterstock

Entertainment

Education

Buffett Remembers Media Legend And Hero Katharine Graham Ahead Of Streaming Documentary: 'She Was One Of A Kind'

Amidst the controversy surrounding <a href="https://www.benzinga.com/tech/25/04/44921089/elon-musk-needs-to-bring-the-voltage-to-get-tsla-stock-out-of-stall-speed-says-analyst-as-tesla-gears-up-for-q1-earnings-call">Elon Musk</a>, it&#8217;s sometimes easy to forget that Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) has been at the forefront of clean energy adoption worldwide. It makes sense, then, that Tesla&#8217;s tech is powering the company&#8217;s first home community.
Consisting of 11 homes in <a href="https://www.benzinga.com/money/best-real-estate-investment-markets-in-texas">Houston</a>,<a href="https://www.realtor.com/news/unique-homes/tesla-powered-homes-houston-elon-musk-donald-trump/"> Realtor.com</a> reports that the properties are attracting intense buyer interest, despite<a href="https://www.reuters.com/business/autos-transportation/tesla-targeted-by-vandalism-over-musks-right-wing-activism-2025-04-01/"> recent vandalism</a> experienced by Tesla car owners and showrooms.&nbsp;
&#8220;We have honestly had no issues with Trump and Musk backlash. In fact, I had over 150-plus people at my brokers&#8217; open. It was insane, people were very excited,&#8221; Jamie Fallon, a Houston-based real estate broker handling the homes&#8217; sales, told Realtor.com.
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<h2 class="wp-block-heading">Solar Shingles, EV Chargers, Powerwall Battery Storage</h2>
All homes in the community feature Tesla-made products, including solar roof shingles, EV chargers, and Powerwall home battery storage. The latter has become a coveted commodity in Texas, which is not part of the national power grid but operates its own separate electrical grid. Risks And Rewards
Launching a new Tesla product, especially one as expensive as a home, could be seen as risky for the company, which has seen its stock price plummet due to Musk&#8217;s close association with President Donald Trump. However, Fallon has said buyers are more interested in power than politics.
&#8220;Who cares who is in office when you don&#8217;t have power? Houston has had a huge issue with electricity because we&#8217;re not on the national grid. So when we lose power, we&#8217;re out for five days,&#8221; she told Realtor.com. &#8220;While we are big on oil, gas, and generators, now people are seeing that they can have Tesla-powered homes at similar price points,&#8221; she added. &#8220;We are not selling sunset; we are selling power.&#8221;
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<h2 class="wp-block-heading">High Priced</h2>
According to Realtor.com, only four of the 11 homes remain available. While the essential components that power the homes are Tesla-made, the residences themselves, located in the Oaks of Shady Acres subdivision, have been built by Utopia Homes. Two of the remaining properties still remain—a larger model priced at $544,900 and a smaller one priced at $524,000. By Houston&#8217;s standards, the houses are pricey—about $179,000 more than Houston&#8217;s median list price of $365,000.
<h2 class="wp-block-heading">Clean Energy Home Revolution</h2>
Despite the White House&#8217;s efforts to promote<a href="https://www.whitehouse.gov/presidential-actions/2025/04/reinvigorating-americas-beautiful-clean-coal-industry-and-amending-executive-order-14241/"> fossil fuels</a>, Fallon believes that Tesla-type clean-energy homes are the dwellings of the future.
&#8220;What legislation we have in Washington is going to dictate it, but going toward clean energy is where I think the country is headed. I think there is a mindset shift happening,&#8221; Fallon says.
Fallon feels that the homes&#8217; integration of style and tech, particularly with<a href="https://www.tesla.com/solarroof"> Tesla&#8217;s solar singles</a>, is part of their selling point. &#8220;The next time I have to replace my roof, I&#8217;m putting Tesla shingles on it. You can&#8217;t even tell [what they are]; they look so good,&#8221; she says.
In addition to mainstream full-sized family homes, Tesla is exploring the tiny house market. The<a href="https://techbullion.com/tesla-homes-elon-musk-releasing-affordable-tiny-house-soon/"> </a>smaller homes, according to <a href="https://techbullion.com/tesla-homes-elon-musk-releasing-affordable-tiny-house-soon/">Tech Bullion</a>, also feature Tesla solar panels and Powerwall battery storage units. However, the real selling point is the price, which starts<a href="https://www.youtube.com/watch?v=2ZAaa2EZE18"> </a>at <a href="https://www.youtube.com/watch?v=2ZAaa2EZE18">$7,000</a>.&nbsp;
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Image: Shutterstock

A New Community Of Homes Powered By Tesla Tech Is Selling Out Fast, Facing 'No Issues With Trump and Musk Backlash'

Sen. Jon Ossoff&nbsp;(D-Ga.) called for President Donald Trump&#8217;s impeachment on Friday for rewarding investors in his Official Trump (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>) meme coin with a gala dinner.
What Happened: Ossoff, a Democrat from Georgia,&nbsp;voiced his concerns&nbsp;at a town hall, contending that Trump&#8217;s act of selling access to him in exchange for payments made through his memecoin is an impeachable offense.
&#8220;He is granting audiences to people who purchase the meme coin that directly enriches him,&#8221; Ossoff said. &#8220;When the sitting president of the United States is selling access for what are effectively payments directly to him, there is no question that rises to the level of an impeachable offense.&#8221;
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See Also:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/04/45010932/dogecoin-surges-17-on-the-week-what-is-going-on" target="_blank" rel="noreferrer noopener">Dogecoin Surges 17% On The Week: What Is Going On?</a>
Ossoff was not alone in raising these concerns. Fellow Democratic lawmakers Rep.&nbsp;Adam Schiff&nbsp;(D-Calif.)&nbsp;and Sen. Elizabeth Warren&nbsp;(D-Mass.) have requested that the U.S. Office of Government Ethics investigate Trump&#8217;s potential violation of federal ethics regulations over the private dinner event, <a href="https://www.cnbc.com/2025/04/25/trump-dinner-for-meme-coin-prompts-senators-to-demand-ethics-probe.html">reported </a>CNBC.
Why It Matters: These allegations come even as the team behind the TRUMP meme coin <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/45012922/trump-meme-coin-surges-15-as-organizers-clarify-participation-rules-for-gala-dinner">updated its terms and condition</a>s to indicate that Trump may not attend the gala dinner and that the event may be cancelled or rescheduled at their discretion.
The controversy began after the <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44959727/trump-token-price-explodes-60-following-announcement-of-private-dinner-with-donald-trump">top 220 cryptocurrency holders </a>were invited to an exclusive dinner with Trump, while the top 25 holders were promised access to a VIP reception and White House tour, as well as limited-edition commemorative non-fungible tokens. The memecoin surged as much as 65% on the announcement.
The project, 80% of whose supply is controlled by an affiliate of the Trump Organization, emphasizes that TRUMP is not a political initiative or investment opportunity but an expression of support for Trump&#8217;s ideals. 
Trump has <a href="https://www.benzinga.com/25/03/44555553/will-the-greatest-of-them-all-trump-memecoin-make-its-way-to-trump-media-etfs-polymarket-bettors-think-its-unlikely">promoted the meme coin</a> via his Truth Social account, deeming it &#8220;the greatest of them all&#8221;&nbsp;in March.
Price Action: At the time of writing, TRUMP was exchanging hands at $14.92, up 11.35 in the last 24 hours, and over 77% over the week, 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>.
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Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Image: Shutterstock/Phil Mistry

$TRUMP

Trump's Memecoin Dinner Event Sparks Impeachment Call From Democratic Senator, Says POTUS Is Selling Access To Those Who Enrich Him

Economist and gold advocate Peter Schiff is warning about what could come after Jerome Powell&#8217;s term as Federal Reserve chair ends. In a post that has sparked a debate on X, Schiff said he expects President Donald Trump to pick someone extremely dovish to replace Powell.
&#8220;Trump will likely nominate the most dovish replacement to ever chair the Fed,&#8221; Schiff <a href="https://x.com/PeterSchiff/status/1913599454369694092">wrote</a> on Saturday. &#8220;His nominee will be a loyal soldier willing to sacrifice the dollar and create as much inflation as needed to monetize exploding debt to keep interest rates artificially low.&#8221;
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<h2 class="wp-block-heading">Schiff Doubles Down on Gold, Not Bitcoin</h2>
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">When Powell&#39;s term expires, Trump will likely nominate the most dovish replacement to ever chair the Fed. His nominee will be a loyal soldier willing to sacrifice the dollar and create as much inflation as needed to monetize exploding debt to keep interest rates artificially low.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1913599454369694092?ref_src=twsrc%5Etfw">April 19, 2025</a></blockquote>
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As usual, Schiff used the opportunity to draw a line between traditional assets and digital currencies. When a user replied, &#8220;Bitcoin wins again,&#8221; Schiff was quick to shut it down: &#8220;Not this time. Bitcoin&#8217;s days of winning are likely over.&#8221;
Another commenter joked that if Schiff were nominated for Fed chair, he&#8217;d dump all dollars and Bitcoin to buy gold. Schiff clarified, &#8220;I dump Treasuries, not dollars. I&#8217;d withdraw dollars from circulation, removing all the excess liquidity.&#8221;
Trending: BlackRock is calling 2025 the year of alternative assets. <a href="https://www.benzinga.com/money/masterworks">One firm from NYC has quietly built a group of 60,000+ investors who have all joined in on an alt asset class previously exclusive to billionaires like Bezos and Gates.</a>
<h2 class="wp-block-heading">Warren Says Firing Powell Would &#8216;Crash Markets&#8217;</h2>
On the other side of the conversation, Sen. Elizabeth Warren (D-MA) warned that <a href="https://www.benzinga.com/markets/25/04/44883756/warren-foresees-market-turmoil-if-trump-dismisses-feds-powell-if-powell-can-be-fired-by-trump-it-will-crash-markets">if Trump removes Powell</a> from his position, it could have severe consequences.
"I have tangled with him on a regular basis about both regulations and interest rates. But understand this: If Chairman Powell can be fired by the president of the United States, it will crash markets in the United States," Warren said during a <a href="https://www.youtube.com/watch?v=GApxUtKDnEM">CNBC interview</a> last week.
Trump had recently taken to social media to criticize Powell, <a href="https://truthsocial.com/@realDonaldTrump/posts/114352766082542122">writing</a>, &#8220;Too Late should have lowered Interest Rates, like the [European Central Bank], long ago, but he should certainly lower them now. Powell&#8217;s termination cannot come fast enough!&#8221;
Warren also emphasized the importance of the Fed&#8217;s independence, saying that if a president can manipulate interest rates, it makes the U.S. no different from &#8220;any other two-bit dictatorship.&#8221;
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<a href="https://www.benzinga.com/government/regulations/25/04/44904179/wall-street-sinks-dollar-slides-as-trump-ramps-up-fed-attacks-whats-driving-markets-monday">Markets slumped</a> to start the post-Easter trading week, following another Truth Social <a href="https://truthsocial.com/@realDonaldTrump/posts/114376239725335883">post</a> from Trump in which he demanded immediate interest rate cuts and referred to Powell as &#8220;Mr. Too Late,&#8221; accusing him of political bias and blaming him for misjudging inflation.
Trump wrote that there&#8217;s &#8220;virtually no inflation&#8221; and warned of an economic slowdown unless Powell acts &#8220;NOW.&#8221; However, Trump on Tuesday told reporters in the Oval Office <a href="https://www.benzinga.com/25/04/44940900/us-futures-dollar-jump-amid-trumps-latest-comments-on-fed-nikkei-rebounds-to-three-week-high">he had &#8220;no intention&#8221; of firing Powell</a>, adding that he &#8220;never did.&#8221;
<h2 class="wp-block-heading">Dollar Confidence Wavers as Tariffs Kick In</h2>
Concerns over the future of the dollar aren&#8217;t just coming from Schiff. In early April, Deutsche Bank <a href="https://www.benzinga.com/markets/equities/25/04/44756751/full-spectrum-collapse-top-bank-rings-alarm-over-simultaneous-fall-of-us-assets">warned of a possible crisis</a> of confidence in the U.S. dollar.
&#8220;There is a risk that major shifts in capital flow allocations take over from currency fundamentals and that FX moves become disorderly,&#8221; Deutsche Bank strategist George Saravelos said.
The <a href="https://www.benzinga.com/25/04/44623918/global-markets-rattle-under-tariff-shock-asia-sinks-europe-tumbles-dollar-weakens-oil-tanks-global-markets-today-while-us-slept">dollar fell sharply</a> after Trump announced new tariffs, raising fears about recession risks. Saravelos noted that a rapid dollar decline could hurt central banks worldwide, adding, &#8220;The last thing the ECB wants is an externally imposed disinflationary shock from a loss in dollar confidence and a sharp appreciation in the euro on top of tariffs.&#8221;
The global financial system may be entering a new phase, as Saravelos put it: &#8220;We are in the midst of dramatic regime change in markets.&#8221;
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Image: Shutterstock

After Powell, Trump's Fed Nominee 'Will Be A Loyal Soldier,' Says Peter Schiff—'Willing To Sacrifice The Dollar, Create Inflation As Needed'

A colossal explosion Saturday at a port in southern Iran, associated with a missile propellant shipment, claimed at least five lives and injured more than 700 people.
What Happened: According to an Associated Press <a href="https://apnews.com/article/iran-explosion-fire-bandar-abbas-72637c6b3e152a30045275f57ace29ed">report</a>, the blast took place at the Shahid Rajaei port near the city of Bandar Abbas. In March, the port had received a shipment of sodium perchlorate rocket fuel, a chemical commonly used in missile propellants. The explosion coincided with the third round of talks between Iran and the United States concerning Tehran&#8217;s progressing nuclear program.
Iranian authorities, while initially vague about the cause of the explosion, dismissed any links to the country&#8217;s oil industry. Ambrey, a private security firm, posited that the explosion was likely a result of mishandling the rocket fuel shipment, intended for Iranian ballistic missiles.
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Despite the blast&#8217;s close proximity to the missile fuel shipment, Iran has not admitted to receiving&nbsp;the shipment. The Iranian mission&nbsp;to the United Nations has remained silent on requests for comment.
The Shahid Rajaei port, which was the target of a&nbsp;2020 cyberattack attributed to Israel, is currently under investigation by the Iranian Interior Ministry to determine the cause of the blast.
Why It Matters: This explosion, linked to a missile propellant shipment, raises serious concerns about the safety protocols in place at the Shahid Rajaei port.
The incident also comes at a critical time, amidst ongoing negotiations between Iran and the United States over Tehran&#8217;s nuclear program. The lack of acknowledgment from Iran regarding the receipt of the missile fuel shipment further complicates the situation, potentially straining the already tense relations between the two nations.
The investigation by the Iranian Interior Ministry will be crucial in shedding light on the cause of the explosion and its potential implications.
Image: Shutterstock/Hamara

Deadly Blast at Iranian Port Tied to Missile Fuel Shipment: 5 Dead, More Than 700 Injured

Sen.&nbsp;Elizabeth Warren&nbsp;(D-Mass.) requested answers from&nbsp;Apple Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) CEO&nbsp;Tim Cook, citing a&nbsp;pattern of &#8220;influence-peddling&#8221;&nbsp;between the&nbsp;iPhone-maker and the&nbsp;Donald Trump&nbsp;administration over the <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" target="_blank" rel="noreferrer noopener">trade negotiations with China</a>.
Amid escalating trade tensions between the U.S. and China, tech bull&nbsp;Dan Ives thinks the time is &#8220;ticking&#8221; for trade deals as Wall Street reels from the aftermath of a tug-of-war <a target="_blank" href="https://www.benzinga.com/25/04/44891715/tech-bull-says-time-ticking-for-trade-deals-as-earnings-season-gathers-steam-calls-nvidias-china-disclosure-a-game-of-who-blinks-first" rel="noreferrer noopener">between the world&#8217;s top two economies</a>.
Earnings
STMicroelectronics N.V.&#8216; (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STM#NYSE">STM</a>) first-quarter FY25 net revenues of $2.52 billion represented a 27.3% year-over-year decline, beating the&nbsp;analyst consensus estimate of $2.51 billion. EPS of $0.06&nbsp;beat&nbsp;the&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44978860/stmicro-calls-out-bottom-in-q1-forecasts-q2-rebound-focusing-on-cost-cuts" rel="noreferrer noopener">analyst consensus estimate&nbsp;of $0.04</a>.
Alphabet Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) reported first-quarter revenue of $90.23 billion, up 12% year-over-year, beating a Street consensus estimate of $89.2 billion and EPS of $2.81, beating a Street <a target="_blank" href="https://www.benzinga.com/25/04/44995955/alphabet-q1-earnings-highlights-google-search-youtube-cloud-show-robust-momentum" rel="noreferrer noopener">consensus estimate of $2.01</a>.
T-Mobile (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) reported first-quarter EPS of&nbsp;$2.58, which beat the analyst consensus estimate of&nbsp;$2.44, and revenue of&nbsp;$20.89 billion, beating the analyst <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44995935/t-mobile-shares-drop-despite-better-than-expected-q1-report-details" rel="noreferrer noopener">consensus estimate of&nbsp;$20.62 billion</a>.
VinFast Auto (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VFS#NASDAQ">VFS</a>) reported&nbsp;quarterly&nbsp;earnings per share of 54 cents loss, missing the street view&nbsp;of 23 cents loss and, revenues of $677.89 million missed the&nbsp;analyst <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44989420/vinfast-auto-maintains-ev-delivery-outlook-amid-macro-uncertainty-despite-q4-margin-drag" rel="noreferrer noopener">consensus estimate of $859.08 million</a>.
International Business Machines Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) reported quarterly earnings of $1.60 per share, which beat the analyst consensus estimate of $1.40 and revenue of $14.54 billion beat the analyst <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44966124/ibm-shares-slide-despite-better-than-expected-q1-details" rel="noreferrer noopener">consensus estimate of $14.4 billion</a>.
Texas Instruments Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) reported first-quarter revenue of&nbsp;$4.07 billion, versus&nbsp;estimates&nbsp;of $3.91 billion, and EPS of&nbsp;$1.28, <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44966804/texas-instruments-q1-earnings-revenue-beat-eps-beat-strong-guidance-prepared-to-navigate-the-evolving-supply-chain-dynamics" rel="noreferrer noopener">versus estimates of $1.07</a>.
Lam Research (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>) reported quarterly earnings of&nbsp;$1.04&nbsp;per share, which beat the analyst consensus estimate of&nbsp;98 cents, and, revenue of $4.72 billion,&nbsp;which beat the analyst <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44965339/lam-research-stock-climbs-after-strong-q3-results-q4-guidance-above-estimates" rel="noreferrer noopener">consensus estimate of&nbsp;$4.59 billion</a>.
Check Point Software Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) reported quarterly revenue growth of 7% year over year to $637.8 million, topping the&nbsp;analyst consensus estimate of $636.2 million and adjusted EPS of $2.21, beat the&nbsp;analyst <a target="_blank" href="https://www.benzinga.com/25/04/44962682/check-point-q1-earnings-revenue-beats-expectations-ceo-highlights-strong-demand-for-quantum-force-and-ai-platform" rel="noreferrer noopener">consensus estimate of $2.19.</a>
AT&amp;T Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) reported operating revenues of $30.63 billion beating the&nbsp;analyst consensus estimate of $30.35 billion and adjusted EPS of $0.51 also beat&nbsp;the&nbsp;analyst<a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44947739/att-adds-324-thousand-postpaid-subscribers-in-q1-outpaces-verizons-289-thousand-loss" rel="noreferrer noopener"> consensus estimate of $0.49</a>.
SAP SE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAP#NYSE">SAP</a>) reported quarterly revenue of 9.01 billion euros ($9.48 billion), beating analyst estimates and earnings of 1.44 euros ($1.54) per share <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44938879/sap-shares-climb-on-better-than-expected-q1-results" rel="noreferrer noopener">also came in ahead of estimates</a>.
Verizon Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) reported&nbsp;fiscal&nbsp;first-quarter revenue growth was 1.5% year-over-year, reaching $33.49 billion, topping the&nbsp;analyst consensus estimate of $33.24 billion. Adjusted EPS of $1.19 topped the&nbsp;<a target="_blank" href="https://www.benzinga.com/25/04/44920917/verizon-struggles-with-subscriber-losses-from-price-increases-competition-and-lower-government-support" rel="noreferrer noopener">analyst&nbsp;consensus estimate of $1.15</a>.
Smartphones &amp; Technology
The&nbsp;iPhone 17 series, the latest smartphone line-up from&nbsp;Apple, is reportedly facing significant stock shortages, and CEO&nbsp;Tim Cook&nbsp;is worried about it. The scarcity of Low CTE fiberglass cloth is reportedly causing a strain <a href="https://www.benzinga.com/25/04/44917129/apple-ceo-tim-cook-gets-anxious-over-this-issue-threatening-the-inventory-of-iphone-17-he-is-pushing-suppliers-every-day" target="_blank" rel="noreferrer noopener">on the&nbsp;stock of the iPhone 17&nbsp;series.</a>
Elon Musk&nbsp;says that&nbsp;Neuralink, which specializes in creating Brain-Computer Interfaces (BCI), will help <a target="_blank" href="https://www.benzinga.com/general/biotech/25/04/44892867/elon-musk-says-neuralink-will-help-blind-people-see-again-will-exceed-the-best-human-eyes" rel="noreferrer noopener">‘completely blind&#8217; people see again</a>.
Elon Musk&#8216;s BCI (Brain-Chip Interface) company&nbsp;Neuralink&nbsp;is reportedly eyeing an $8.5 billion pre-money valuation<a target="_blank" href="https://www.benzinga.com/general/biotech/25/04/44972585/elon-musks-neuralink-eyes-8-5-billion-pre-money-valuation-in-latest-funding-round-report" rel="noreferrer noopener"> amid talks with potential investors</a>.
Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) introduced a newly redesigned version of <a target="_blank" href="https://www.benzinga.com/25/04/44973292/satya-nadella-calls-it-scaffolding-for-my-workday-introduces-microsoft-365-copilots-ai-glow-up-to-reshape-how-we-work" rel="noreferrer noopener">its Microsoft 365 Copilot app</a>.
Automotive
Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) has reportedly pivoted its marketing for the Cybertruck as CEO&nbsp;Elon Musk&#8216;s EV giant rebrands the vehicle <a href="https://www.benzinga.com/markets/25/04/44919745/cybertruck-gets-a-down-to-earth-redesign-as-tesla-shifts-to-traditional-pickup-marketing-amid-poor-sales" target="_blank" rel="noreferrer noopener">to showcase its utilitarian quotient</a>.
Tesla plans to ramp up production of its&nbsp;humanoid robot&nbsp;Optimus&nbsp;are facing significant roadblocks due to supply chain constraints and China&#8217;s new export <a target="_blank" 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" rel="noreferrer noopener">restrictions on rare earth materials</a>.
Elon Musk&nbsp;shared a comprehensive list of updates on the company&#8217;s FSD (Full Self-Driving) technology, crucial <a href="https://www.benzinga.com/news/earnings/25/04/44943387/elon-musk-shares-fsd-update-at-tesla-earnings-call-10-to-20-model-ys-will-offer-paid-robotaxi-rides-in-june" target="_blank" rel="noreferrer noopener">for Tesla&#8217;s Cybercab ambitions</a>.
Tesla has revealed that the company is running its autonomous ride-hailing service in Austin, as well as<a target="_blank" href="https://www.benzinga.com/tech/25/04/44972108/tesla-quietly-launched-robotaxi-service-for-employees-before-june-debut-now-reports-1500-completed-trips" rel="noreferrer noopener"> the San Francisco Bay Area</a>.
Chinese battery manufacturer&nbsp;CATL&nbsp;(Contemporary Amperex Technology Co. Limited) has launched the second-generation <a target="_blank" href="https://www.benzinga.com/markets/25/04/44894382/tesla-battery-supplier-catl-unveils-new-fast-charging-battery-with-323-mile-range-in-five-minutes" rel="noreferrer noopener">‘Shenxing&#8217; fast-charging battery</a>.
Nio Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) has announced it will delay the launch of its Firefly EV in Europe to the third quarter after it claimed to launch <a target="_blank" href="https://www.benzinga.com/25/04/44915240/tesla-rival-nio-delays-the-european-launch-of-firefly-ev-report" rel="noreferrer noopener">the product in the first half of 2025</a>.
General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) will continue to produce its Ultium architecture-based EVs like the Chevrolet Equinox at its production <a target="_blank" href="https://www.benzinga.com/markets/25/04/44916042/general-motors-has-no-plans-to-move-ev-production-away-from-mexico-despite-tariff-uncertainty" rel="noreferrer noopener">facility in Ramos Arizpe, Mexico</a>.
Geely Automobile Holdings&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/GELYF#OTC">GELYF</a>) announced that the company will share its battery safety <a target="_blank" href="https://www.benzinga.com/25/04/44945220/chinas-geely-announces-it-will-share-battery-safety-patents-safety-lab-with-the-auto-industry" rel="noreferrer noopener">patents at the Shanghai Auto Show</a>.
BYD Co., Ltd (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) is pivoting its European strategy as the Chinese EV manufacturer looks <a href="https://www.benzinga.com/25/04/44946809/byd-rejigs-european-strategy-amid-lack-of-market-knowledge-and-modest-dealer-network-report" target="_blank" rel="noreferrer noopener">to expand into the market</a>.
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Consumer Tech News (Apr 21-Apr 25): Microsoft's Copilot Gets a Sleek New Look, Apple Under Fire For 'Influence-Peddling' In US-China Trade & More

Spending less money makes it easier to invest and build long-term wealth. While it's good to be responsible with your money, it's possible to take savings a little too far. Ramit Sethi, author of "I Will Teach You To Be Rich," recently threw cold water on the idea of relentlessly saving money and viewing that as a good thing.
"I don't find it inspiring to idolize people who spend as little money as possible," he stated in an <a href="https://x.com/ramit/status/1914342932187840615">X post</a>.
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While he doesn't advocate for a reckless YOLO mentality when it comes to money management, he also doesn't believe we should be celebrating the 92-year-old who died with millions of dollars. Sethi is one of the few financial experts to dive deep into the nuance of cheap vs. frugal living. Here's what you can learn from his X post.
<h2 class="wp-block-heading">Spend Money Extravagantly On What You Love</h2>
People shouldn't be afraid to spend money when it's on things that matter. Sethi views these people as inspirations, but it's not going to do much good if you have thousands of dollars in credit card debt. He reaches a middle ground that can help people look for better role models and set better financial goals.
"I'm inspired by the people who spend their money extravagantly on the things they love while cutting costs mercilessly on the things they don't. If someone buys a $2,000 handmade blanket made by an artisan they've followed for 12 years, amazing."
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The handmade blanket example is valuable because it's a high-end purchase with thought. Making impulsive purchases can put you deeper into debt and result in you having a bunch of things that you don't really need. If you say no to many expenses, the few things you say yes to hold more value.&nbsp;
<h2 class="wp-block-heading">Turn Off The Survival Mindset</h2>
Although a budget is a good resource to keep your spending under control, it can become problematic if you only view life with a survival mindset. Sethi believes in creating a rich life instead of one that revolves around penny-pinching.
"I'm not inspired by building a life around how little you can spend. What a tragedy to live a smaller life than you have to," he stated.&nbsp;
Budgeting and investing give you more options. When you have more money, you can go on more trips, spend on things that you enjoy, and have more financial security. Ruthlessly cutting out waste allows you to optimize every dollar you spend to maximize your personal satisfaction.&nbsp;
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<h2 class="wp-block-heading">Don't Idolize Anyone</h2>
Sethi's X post garnered plenty of support, as people agreed about building wealth that you could use from time to time. However, one X user shared a valuable insight that is deeper than money.
"I don't find it inspiring or wise to idolize anyone. Money and greed pursuits are the distraction that so many become obsessed with even as it derails their ability to achieve actual happiness."
To be clear, you can make a lot of money and be happy at the same time. However, some people pursue and save far more money than necessary. In some of those cases, the greedy and reckless pursuit of excessive money can hurt relationships and pull people further away from happiness.
It's also impossible to know anything about a public figure who you idolize. People only show the parts of them that they want to be seen. People who are viewed as idols very carefully craft their images and only show you their best. It's better to consider the type of person you want to become and actively walk on that path.
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Ramit Sethi Claps Back At Living Cheaply: 'I Don't Find It Inspiring To Idolize People Who Spend As Little Money As Possible'

Bitcoin has surprised many analysts and investors by holding its ground amid ongoing volatility in U.S. equities. While traditional risk assets have stumbled, BTC has shown resilience, attracting attention as a potential safe haven — or at least, a less correlated play.
As of April 21, Bitcoin is trading at $87,151 — about 20% below its all-time high of $110,000. From current levels, it needs to gain another 26% to reclaim those highs. But that path is rarely linear, especially in the current macro environment, and price action is now approaching a critical zone.
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Early this month, BTC dipped to a low of $74,450 before rallying aggressively. Since then, the bounce has been impressive, but bulls are now facing a familiar challenge. Bitcoin is currently testing the $88,000–$88,440 region — a key resistance zone that has rejected price on two prior attempts. So far, we&#8217;re seeing signs of another rejection, making this a level worth watching closely.
A confirmed breakout and successful retest of $88,000 as support could signal a shift in momentum and potentially open the door for a push toward the next key area: $92,000. If that level gets taken out with conviction, the path to new all-time highs becomes far more realistic, as liquidity thins and price discovery takes over.
However, the bullish trend on lower timeframes has a clear line in the sand — the $83,000 level. This is the structural support zone that bulls must defend to keep the short-term uptrend intact. A break below could lead to deeper pullbacks and increased selling pressure, possibly dragging BTC back into the mid-$70Ks for another retest.
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What makes this setup particularly interesting is the contrast between Bitcoin&#8217;s relative strength and the broader market's weakness. With the S&amp;P 500 and NASDAQ showing signs of fatigue, BTC&#8217;s ability to diverge may attract new capital — especially if it continues to hold above $83K and builds a base above $88K.
In summary, Bitcoin is nearing a make-or-break moment. If bulls can reclaim $88,000 and push toward $92,000, the next leg up could take us into uncharted territory. But if the rejection holds and $83,000 fails, a deeper correction could be on the table before the next major attempt at new highs.
Either way, the next few sessions will be crucial in setting the tone for the coming weeks.
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Image: Shutterstock

Bitcoin Nears Critical Resistance With Just 26% to Go Until All-Time Highs — Can the Bulls Break Through or Is a Pullback Looming?

<a href="https://www.benzinga.com/news/25/03/44450807/zuckerberg-says-2025-will-be-the-year-an-ai-assistant-hits-1-billion-users-and-he-wants-it-to-be-meta-ai">Artificial intelligence </a>may be advancing faster than users can keep up—and according to AI pioneer Andrew Ng, the secret to working better with it might be doing less.&nbsp;
Ng, a co-founder of Google Brain and longtime educator in machine learning, said in a <a href="https://x.com/AndrewYNg/status/1907843984158036137?t=9eHIjEj07rCMxFe_tmNS3w=19">post on X</a> on April 3&nbsp; that "lazy prompting"—providing minimal context when inputting information into large language models—can often be more effective than carefully crafted instructions.
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<h2 class="wp-block-heading">Developers Are Doing More With Less</h2>
"Lazy prompting" refers to using as little instruction as possible when asking an LLM for help. Ng explained that many developers simply copy and paste error messages—sometimes several pages long—into AI models like ChatGPT, and receive accurate suggestions for fixes without providing further context.
"We add details to the prompt only when they are needed," Ng wrote in the post. "Most LLMs are smart enough to figure out that you want them to help understand and propose fixes."
The approach is especially popular among software engineers using generative AI tools to write and debug code.
Ng cited this workflow as a form of "<a href="https://x.com/karpathy/status/1886192184808149383">vibe coding</a>," a term introduced by OpenAI co-founder Andrej Karpathy in February, described a new approach to<a href="https://www.benzinga.com/personal-finance/25/03/44522899/anthropic-ceo-says-ai-could-write-90-of-code-in-3-to-6-months-warns-every-industry-will-be-affected"> software development</a> where AI tools handle the bulk of coding tasks.
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Ng's comments come just days after <a href="https://x.com/AndrewYNg/status/1904929635043074478?ref_src=twsrc%5Etfw">he launched</a> "Vibe Coding 101," a new online course aimed at beginners learning to use AI tools for programming. The course emphasizes natural language input as a key skill for modern developers.
While prompting guides typically recommend including detailed context to get more accurate results from LLMs, Ng argued that in some cases, simpler inputs perform just as well—particularly when the model is capable of interpreting intent without being told explicitly.
<a href="https://arxiv.org/abs/2405.18870">A study</a> titled &#8220;LLMs achieve adult human performance on higher-order theory of mind tasks&#8221; found that models like GPT-4 and Flan-PaLM reach adult-level and near adult-level performance on Theory of Mind (ToM) tasks.&nbsp;
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Specifically, GPT-4 exceeded adult performance on 6th order inferences, indicating that LLMs are approaching human-level reasoning in controlled conditions.​
Still, Ng cautioned that lazy prompting only works under certain conditions. It is most useful when users are working in fast feedback environments, such as web apps or chat interfaces, where they can adjust and iterate quickly based on the AI's responses.
It may be less effective when using APIs or when working with models that require highly structured input, he added. "Lazy prompting is an advanced prompting technique that works best when the LLM has sufficient preexisting context and the ability to infer intent," Ng said.
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Andrew Ng Explains Why You Should Stop Overthinking AI Prompts – 'Most LLMs Are Smart Enough To Figure Out What You Want'

Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Hormel Foods, Hershey, and Horace Mann Educators have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of over 3%.
Hormel Foods
Hormel Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the U.S. and internationally.
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Hormel Foods has increased its dividends consecutively for the last 59 years. In its most recent dividend hike announcement on Nov. 25, its board raised the quarterly payout by 3% to $0.29 per share, which is equal to an annual figure of $1.16 per share. More recently, in its March 24 dividend announcement, the company kept the payout unchanged at that level. Currently, the dividend yield is 3.82%.
Hormel Foods' annual revenue as of Jan. 31 stood at $11.91 billion. In its latest earnings release on Feb. 27, the company posted Q1 2025&nbsp; revenues of $2.99 billion, above the consensus estimate of $2.93 billion, while EPS of $0.35 missed the consensus of $0.38.
How much would it take to earn $100 a month from Hormel Foods stock? Check out this <a href="https://www.benzinga.com/markets/25/01/43077758/how-much-would-it-take-to-earn-100-a-month-from-hormel-foods-stock">article by Benzinga</a> to learn more.
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Hershey
Hershey Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HSY#NYSE">HSY</a>) manufactures and sells confectionery products and pantry items in the U.S. and internationally.
Hershey has raised its dividends every year for the last 15 years. In its latest dividend hike announcement on Feb. 8, 2024, the company increased the quarterly payout from $1.19 to $1.37 per share, equal to an annual figure of $5.48 per share. More recently, in its dividend announcement on Feb. 6, it maintained the payout at the same level. The dividend yield on the stock currently stands at 3.29%.
Hershey's annual revenue as of Dec. 31 stood at $11.20 billion. In its Q4 2024 earnings release on Feb. 6, the company posted revenues of $2.89 billion and EPS of $2.69. Both figures beat the consensus estimates.
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Horace Mann Educators
Horace Mann Educators (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMN#NYSE">HMN</a>) operates as an insurance holding company in the U.S.&nbsp;
The company has increased its dividends consecutively for the last 15 years. As per its most recent dividend hike announcement on March 3, it raised the quarterly payout by 3% to $0.35 per share, equaling an annual figure of $1.40 per share. Currently, the dividend is 3.60%.
Horace Mann Educators' annual revenue as of Dec. 31 stood at $1.55 billion. In its Q4 2024 earnings release on Feb. 5, the company posted revenues of $409 million, below the consensus estimate of $418.33 million, while EPS of $1.62 beat the consensus of $1.03.
Hormel Foods, Hershey, and Horace Mann Educators are good choices for investors seeking reliable passive income. Their dividend yields of over 3% and long history of consistent hikes make them attractive to income-focused investors.
Check out this <a href="https://www.benzinga.com/personal-finance/25/04/44890180/why-hp-altria-and-terreno-realty-are-winners-for-passive-income">article by Benzinga</a> for three more stocks offering high dividend yields.&nbsp;
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How Hormel Foods, Hershey, And Horace Mann Educators Can Put Cash In Your Pocket

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