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Empire Petroleum

Empire Petroleum Corp is a conventional oil and natural gas producer with a main focus in the US onshore. The company possesses long-life, mature, producing assets with slow decline profiles in the Permian Basin, Bakken region and central Gulf Coast region, in the states of New Mexico, North Dakota, Montana, Louisiana and Texas. It has production from operated and non-operated wells in Lea County in New Mexico, Bottineau, Renville, Burke, and McKenzie Counties in North Dakota, Richland County in Montana, St. Landry, Beauregard Parishes in Louisiana and Houston, Leon and Madison Counties in Texas.

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IMAC Holdings sube más del 108% tras anunciar Ignite Proteomics. Conoce las acciones más destacadas en la negociación previa.

Acciones de IMAC Holdings se disparan un 108%; 20 acciones en movimiento en el premercado de EE.UU.

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Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk has stated that the EV giant expects to begin public robotaxi rides in Austin on June 22.
What Happened: "Tentatively, June 22." Musk said in a social media post on X on Tuesday in response to a query about the Austin robotaxi launch.
However, the billionaire also stated that the launch timeline could be subject to change. "We are being super paranoid about safety, so the date could shift," he said in the post before adding that he expects Teslas to drive straight to a customer's home starting June 28.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Tentatively, June 22. We are being super paranoid about safety, so the date could shift. First Tesla that drives itself from factory end of line all the way to a customer house is June 28.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1932591896939147494?ref_src=twsrc%5Etfw">June 11, 2025</a></blockquote>
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Musk had earlier shared another post touting the company's autonomous driving tech. "These are unmodified Tesla cars coming straight from the factory, meaning that every Tesla coming out of our factories is capable of unsupervised self-driving!" He said.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">These are unmodified Tesla cars coming straight from the factory, meaning that every Tesla coming out of our factories is capable of unsupervised self-driving! <a href="https://t.co/n94ln0Uas6">https://t.co/n94ln0Uas6</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1932490521681055952?ref_src=twsrc%5Etfw">June 10, 2025</a></blockquote>
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Why It Matters: The news comes as Tesla was officially named a<a href="https://www.benzinga.com/markets/tech/25/06/45854273/elon-musks-tesla-officially-named-av-operator-in-austin-ahead-of-robotaxi-launch" target="_blank" rel="noopener">n AV operator </a>in Austin, alongside the likes of Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Waymo and Amazon.com Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) Zoox.
The billionaire had earlier shared that the company had begun <a href="https://www.benzinga.com/tech/25/05/45662671/tesla-targets-june-12-for-robotaxi-launch-in-austin-elon-musk-says-company-ramped-up-fsd-testing-a-month-ahead-of-schedule">testing its unsupervised FSD </a>in Austin in the buildup to the robotaxi launch on June 12, "a month ahead of schedule."
Elsewhere, Waymo has temporarily <a href="https://www.benzinga.com/markets/tech/25/06/45853688/tesla-robotaxi-rival-waymo-suspends-services-in-downtown-la-following-vandalism-during-anti-ice-protests">suspended its services</a> in Downtown LA following incidents of vandalism in the city that resulted in over 5 Waymo autonomous taxis being vandalized.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="200" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10233509/TSLA-June-11-2025-1024x200.jpg" alt="" class="wp-image-945509" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10233509/TSLA-June-11-2025-1024x200.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10233509/TSLA-June-11-2025-300x58.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10233509/TSLA-June-11-2025-768x150.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10233509/TSLA-June-11-2025-1536x299.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10233509/TSLA-June-11-2025.jpg 1549w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Tesla scores well on Momentum, Quality and Growth metrics, but offers poor Value. 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 Stock Rankings</a> today!
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/06/45764059/ross-gerber-says-tesla-has-lot-of-work-to-do-on-fsd-ahead-of-robotaxi-launch-waymos-are-way-better">Ross Gerber Says Tesla Has ‘Lot Of Work To Do' On FSD Ahead Of Robotaxi Launch: ‘Waymos Are Way Better'</a></li>
</ul>
Photo courtesy: Ken Wolter / Shutterstock.com

Tech

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Elon Musk Says Tesla Robotaxi Rides Begin June 22 In Austin, Full Self-Driving To Enable Home Delivery By June 28: 'We're Being Super Paranoid'

The United States and China have reached a long-awaited trade agreement, following two days of high-level discussions in London this week.
What Happened: On Tuesday, representatives from both sides said that they&#8217;ve reached an agreement to implement the provisions of the Geneva trade consensus, which was <a href="https://www.benzinga.com/government/regulations/25/05/45342343/us-stock-futures-rise-as-us-china-agree-to-90-day-tariff-pause-wider-earnings-growth-should-drive-more-balanced-market-performance-says-expert">signed last month</a>, resulting in a 90-day pause on the tariffs imposed on China, <a href="https://www.cnbc.com/2025/06/11/us-china-agree-on-framework-to-implement-geneva-trade-consensus-.html">reported</a> CNBC.
&#8220;We have reached a framework to implement the Geneva consensus and the call between the two presidents,&#8221; U.S. Commerce Secretary Howard Lutnick said, referring to a phone conversation last week between President Donald Trump and Chinese President Xi Jinping that set the tone for further bilateral talks.
China's trade envoy Li Chenggang echoed Lutnick's comments, calling the agreement a &#8220;step forward&#8221; in restoring trust, following the stalled implementation of the Geneva consensus, owing to accusations of non-compliance from both sides.
See Also: <a href="https://www.benzinga.com/markets/large-cap/25/06/45876062/gms-4-billion-bet-on-us-auto-manufacturing-backs-hardworking-americans-amid-trump-tariffs-push">GM&#8217;s $4 Billion Bet On US Auto Manufacturing Backs &#8216;Hardworking Americans&#8217; Amid Trump Tariffs Push</a> 
Lutnick said both sides will now seek final approval from their respective leaders before proceeding with the framework. &#8220;If Xi also approves it, then we will implement the framework,&#8221; he said.
According to Lutnick, issues regarding <a href="https://www.benzinga.com/markets/commodities/25/06/45784952/jim-cramer-says-the-chinese-could-really-hurt-us-as-beijing-tightens-grip-on-rare-earth-magnets-warns-of-threat-to-everything-from-autos-to-data-centers">rare-earth exports</a> from China and restrictions on the sale of advanced technologies imposed by the U.S. were included in the framework negotiations and are expected to be resolved, the report noted. 
Why It Matters: Analysts and observers are weighing in on the announcement, with some criticizing it as nothing but the &#8220;status quo&#8221; being maintained.
<a href="https://x.com/JamesSurowiecki"></a>Writer for Fast Magazine and The Atlantic, James Surowiecki, posted on X saying that &#8220;the U.S. and China have agreed to keep their previously-agreed-upon agreement, which was not a deal, but just restored the pre-Liberation-Day status quo.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">So the US and China have agreed to keep their previously-agreed-upon agreement &#8211; which was not a deal, but just restored the pre-Liberation-Day status quo &#8211; in place while they keep talking about reaching another agreement. Victory! <a href="https://t.co/YDcIqMK6My">pic.twitter.com/YDcIqMK6My</a>
&mdash; James Surowiecki (@JamesSurowiecki) <a href="https://twitter.com/JamesSurowiecki/status/1932599195095216214?ref_src=twsrc%5Etfw">June 11, 2025</a></blockquote>
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Economist Peter Schiff asks, &#8220;What victory has the U.S. really won from this war?&#8221; since both sides have only retreated from positions implemented after the trade war began.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">It appears that once again the U.S. and China have agreed to some type of deal to de-escalate the trade war. From what I can tell the deal centers on both sides retreating from positions implemented after the war started. If so, what victory has the U.S. really won from this war?
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1932616727348851104?ref_src=twsrc%5Etfw">June 11, 2025</a></blockquote>
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The markets have reacted modestly to the announcement, with China&#8217;s Shanghai Shenzhen CSI 300 index, tracked by the Xtrackers Hvst CSI 300 China ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASHR#NYSE">ASHR</a>), up 0.83%, trading at 3,897.44 points.
U.S. Futures, however, are down Tuesday night, with the S&amp;P 500 futures down 0.29%, trading at 6,027.75, Nasdaq futures down 0.27%, at 21,903.50, and finally the Dow Jones futures, trading at 42,810.00, down 0.24%. 
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/06/45876224/youtube-contributed-55-billion-to-us-gdp-new-report-reveals-the-creator-economy-is-just-getting-started-says-ceo-neal-mohan">YouTube Contributed $55 Billion To US GDP, New Report Reveals: &#8216;The Creator Economy Is Just Getting Started,&#8217; Says CEO Neal Mohan</a></li>
</ul>
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Howard Lutnick Says US And China 'Reached A Framework' To Implement Geneva Consensus Following Trump-Xi Call — CSI 300 Index Gains

The Securities and Exchange Commission asked for revised S-1 forms from potential issuers of Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>) spot Exchange-Traded Funds, according to a report dated Tuesday.
What Happened:&nbsp;The SEC requested updated S-1 forms from prospective ETF issuers within the next week and told them that it will provide feedback&nbsp;within 30&nbsp;days of the submission, Blockworks <a href="https://blockworks.co/news/solana-etf-sec-forms">reported</a>, citing sources familiar with the matter.
The SEC&#8217;s request specifically pertains to updates on language related to in-kind redemptions and the approach towards staking. The agency is receptive to the inclusion of&nbsp;staking as part of Solana&nbsp;ETFs.
According to the report, these updates could put Solana ETFs on pace for approval within three to five weeks.
The SEC didn&#8217;t immediately return Benzinga&#8217;s request for comment. 
See Also:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/06/45842265/xrp-price-rises-amid-nasdaq-index-addition-weak-on-chain-metrics-raise-concerns" target="_blank" rel="noreferrer noopener">XRP Price Rises Amid Nasdaq Index Addition, Weak On-Chain Metrics Raise Concerns</a>
Why It Matters: Bloomberg analyst James Seyffart said in a report that the SEC &#8220;may act early&#8221; on spot Solana ETFs. The approval odds stood at 90% as of this writing.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I wrote about this topic a bit today as well. Can be read at this link here if you&#39;re a Bloomberg Terminal Client:<a href="https://t.co/Tl3XfNq2Am">https://t.co/Tl3XfNq2Am</a> <a href="https://t.co/jAQ048Ewdr">pic.twitter.com/jAQ048Ewdr</a>
&mdash; James Seyffart (@JSeyff) <a href="https://twitter.com/JSeyff/status/1932538161260802070?ref_src=twsrc%5Etfw">June 10, 2025</a></blockquote>
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Well-known asset managers like&nbsp;VanEck,&nbsp;Bitwise, and&nbsp;Grayscale&nbsp;<a href="https://www.benzinga.com/25/03/44409641/solana-pumps-7-as-wall-street-braces-for-first-ever-etfs-tracking-the-crypto">have filed applications</a> for Solana ETFs.
Grayscale already operates its Grayscale Bitcoin Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBTC#NYSE">GBTC</a>) and Grayscale Ethereum Trust ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETHE#NYSE">ETHE</a>). 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>&nbsp;to check out their latest momentum and growth-related metrics.
Price Action: At the time of writing, Solana traded at $166.68, up 4.68% 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>. 
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://benzinga.com/crypto/cryptocurrency/25/06/45830251/elon-musks-political-party-to-launch-in-2025-odds-rise-on-polymarket-the-crypto-betting-market-now-partnered-with-x" target="_blank" rel="noreferrer noopener">Elon Musk&#8217;s Political Party To Launch In 2025? Odds Rise On Polymarket, The Crypto Betting Market Now Partnered With X</a></li>
</ul>
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 Via Shutterstock <a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" target="_blank" rel="noreferrer noopener"></a>

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Solana Spikes 4% As Report Signals Possible Green Light For ETF— Analyst Sets Approval Odds At 90%

On Tuesday, YouTube, a subsidiary of Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google, revealed that its <a href="https://www.benzinga.com/partner/emerging-markets/24/05/39061464/this-mark-cuban-backed-company-is-creating-waves-in-the-creator-economy">creative ecosystem</a> contributed significantly to the U.S. GDP in 2024, citing a new report.
What Happened: YouTube's creative ecosystem generated $55 billion for the U.S. economy in 2024. This figure marks a $20 billion increase from 2022, when the ecosystem contributed $35 billion.
YouTube CEO Neal Mohan said, &#8220;Looking at this momentum and toward the next two decades, the creator economy is just getting started. We're excited to see what our next 20 years have in store.&#8221;
See Also:&nbsp;<a href="https://www.benzinga.com/tech/25/05/45486639/sundar-pichai-reveals-google-parent-once-super-intensely-debated-about-buying-netflix-in-a-world-of-butterfly-effects" target="_blank" rel="noreferrer noopener">Sundar Pichai Reveals Google-Parent Once Super Intensely Debated About Buying Netflix: ‘In A World Of Butterfly Effects…'</a>
The report, conducted in partnership with Oxford Economics, also highlights the creation of 490,000 full-time jobs within the YouTube ecosystem, up from 390,000 jobs reported in 2022.
Why It's Important: The creator economy, rapidly expanding yet frequently overlooked, has been pushing for more support from U.S. institutions like banks and government bodies, <a href="https://techcrunch.com/2025/06/10/youtube-says-its-ecosystem-created-490k-jobs-and-added-55b-to-the-us-gdp-in-2024/">reported</a> TechCrunch.
Despite clear financial stability, many creators face challenges accessing business credit cards or securing certain types of loans.
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.
These concerns have gained enough traction to prompt action. Just last week, Rep. Yvette Clarke (D-NY) and Rep. Beth Van Duyne (R-TX) launched a bipartisan Congressional Creators Caucus aimed at acknowledging and advancing the interests of the creator community.
Price Action: Alphabet Inc.'s Class A shares rose 1.43% on Tuesday, while Class C shares increased by 1.34%, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Benzinga&#8217;s Edge Stock Rankings show Alphabet maintaining strong price momentum across short, medium and long-term periods. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Additional performance metrics can be found here</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10230827/Screenshot-2025-06-11-at-8.35.24%E2%80%AFAM.png" alt="" class="wp-image-945493" /></a></figure>
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:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/large-cap/25/06/45770679/alibaba-jd-see-sales-soar-in-618-festival-apple-and-xiaomi-emerge-as-top-selling-brands" target="_blank" rel="noreferrer noopener">Alibaba, JD See Sales Soar In 618 Festival, Apple And Xiaomi Emerge As Top Selling Brands</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image Via Shutterstock

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Social Media

YouTube Contributed $55 Billion To US GDP, New Report Reveals: 'The Creator Economy Is Just Getting Started,' Says CEO Neal Mohan

Bitcoin was little changed on Tuesday even as the U.S. and China reached a trade consensus after London talks.
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Cryptocurrency</th>
<th>Gains +/-</th>
<th>Price (Recorded at 9:45 p.m. ET)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) </td>
<td>-0.07%</td>
<td>$109,635.63</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>+2.64%</td>
<td>$2,780.94</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>+1.31%</td>
<td>$0.1974</td>
</tr>
</tbody>
</table>
</figure>
What Happened: The apex cryptocurrency stalled after reaching an intraday high of $110,380.12. Trading volume remained thin, dropping nearly 8% in the last 24 hours.
Meanwhile, Ethereum continued to outperform its elder sibling, breaking past $2,800 for the first time since Feb. 24. Trading volume soared 48% to $38.98 billion in the 24-hour period.
Over $321 million was liquidated from the cryptocurrency market in the last 4 hours, with short position traders suffering higher losses. If Bitcoin reaches $111,000, about $240 million in shorts could be wiped out.
Bitcoin's Open Interest cooled 1.83% in the last 24 hours following Monday's surge. More than 66% of Binance traders with open BTC positions, meanwhile, were positioned short, expecting a correction.
The "Greed" sentiment intensified in the last 24 hours, according to the Crypto Fear &amp; Greed Index.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Cryptocurrency</th>
<th>Gains +/-</th>
<th>Price (Recorded at 9:45 p.m. ET)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Uniswap (UNI)</td>
<td>+20.16%</td>
<td>$8.29</td>
</tr>
<tr>
<td>Fartcoin (FARTCOIN) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+11.90%</td>
<td>$1.35</td>
</tr>
<tr>
<td>Jito (JITO)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+11.51%</td>
<td>$2.15 </td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $3.45 trillion, following a minor increase of 0.38% in the last 24 hours.
Stocks ascended on Tuesday. The Dow Jones Industrial Average rose 105.11 points, or 0.25%, to close at 42,866.87. The S&amp;P 500 gained 0.55% to end at 6,038.81, while the tech-focused Nasdaq Composite spiked 0.63% to close at 19,714.99.
The U.S. and China reached a consensus on trade after a second day of talks in London. Commerce Secretary Howard Lutnick said that the two parties "reached a framework" to implement the Geneva consensus, <a href="https://www.cnbc.com/2025/06/11/us-china-agree-on-framework-to-implement-geneva-trade-consensus-.html">according </a>to CNBC.&nbsp;
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Cryptocurrency analyst and trader Rekt Capital stated that Bitcoin's daily close above $109,443 could push the apex cryptocurrency to new all-time highs.
<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/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> Phenomenal Daily candle yesterday, breaking through ~$106600 (black) resistance comfortably In fact, Bitcoin has skipped through the $106600-$109443 Daily Range entirely (black-black) Bitcoin is once again positioning itself like in late May for a retest (green circle)… <a href="https://t.co/DKHTl80OUf">https://t.co/DKHTl80OUf</a> <a href="https://t.co/6CdavL9X9Y">pic.twitter.com/6CdavL9X9Y</a>
&mdash; Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1932471574482825675?ref_src=twsrc%5Etfw">June 10, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Another well-known cryptocurrency analyst, Ali Martinez, highlighted that Ethereum has broken through the key resistance at $2,820 and may target $2,920 next.
<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">$2,820! &#x2705; Now, $2,920 could be next. <a href="https://t.co/TiwKf4XjYz">https://t.co/TiwKf4XjYz</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1932565071000904048?ref_src=twsrc%5Etfw">June 10, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
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Photo Courtesy: PeopleImages.com &#8211; Yuri A on Shutterstock.com

$BTC

$DOGE

$ETH

Bitcoin Flat, Ethereum, Dogecoin Climb Amid US-China Trade Consensus: Analyst Says ETH Could Target $2,920 Next

Leading U.S. automaker&nbsp;General Motors Co.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) has unveiled a multibillion-dollar plan to reinforce its manufacturing footprint in the country, spanning both its new electric vehicles and its traditional gas-powered favorites.
What Happened: On Tuesday, the Detroit-based giant announced $4 billion in fresh investments across several of its U.S. manufacturing plants, aimed at expanding finished vehicle output and enabling GM to assemble more than 2 million vehicles each year domestically, up from 1.5 million currently.
This capital is set to be deployed over the next two years, targeting the company&#8217;s facilities across Michigan, Kansas, and Tennessee.
The move also underscores GM&#8217;s commitment to its internal combustion engine (ICE) models, even as it continues to expand its EV offerings. 
See Also: <a href="https://www.benzinga.com/markets/tech/25/06/45875791/trumps-ai-czar-david-sacks-dismisses-ai-chip-smuggling-fears-warns-over-regulation-could-hand-ai-dominance-to-china-we-talk-about-these-chips-like-they-could-be-smuggled-in-the-back-of-a">Trump&#8217;s AI Czar David Sacks Dismisses AI Chip Smuggling Fears, Warns Over-Regulation Could Hand AI Dominance To China: &#8216;We Talk About These Chips Like They Could Be Smuggled In The Back Of A Briefcase&#8217;</a>
The Orion Assembly in Michigan will begin producing gas-powered full-size SUVs and light-duty trucks in early 2027, whereas the Detroit-Hamtramck Factory ZERO will be dedicated to EV production, for models such as the Chevrolet Silverado EV, GMC Sierra EV, Cadillac Escalade IQ, and the GMC Hummer EV, among others.
&#8220;Today's announcement demonstrates our ongoing commitment to build vehicles in the U.S and to support American jobs,&#8221; said GM's chair and CEO, Mary Barra.
President Mark Reuss says, &#8220;This is about hardworking Americans making vehicles they are proud to build and that customers are proud to own,&#8221; while highlighting the scale of the company&#8217;s manufacturing footprint and the positive economic impact it has on communities and the country.
The company reiterates that its 2025 capital spending guidance remains unchanged at between $10 billion and $11 billion, despite its plan to ramp up domestic manufacturing.
Why It Matters: The company&#8217;s CEO, Barra, recently <a href="https://www.benzinga.com/25/05/45664131/general-motors-ceo-backs-trumps-auto-tariffs-as-a-tool-to-level-the-playing-fieldtheyve-taken-the-time-to-understand-our-industry">came out in support</a> of President Donald Trump&#8217;s tariffs, calling them a tool to &#8220;level the playing field.&#8221;
&#8220;For&nbsp;decades now, it has not&nbsp;been a level playing field&nbsp;for us automakers globally, with&nbsp;either tariffs or non-tariff trade&nbsp;barriers,&#8221; Barra said.
This was just weeks after she said that the tariffs <a href="https://www.benzinga.com/25/05/45159130/general-motors-ceo-mary-barra-says-prices-will-remain-the-same-amid-donald-trumps-tariffs-that-could-cost-company-5-billion-dollars">could cost the company</a> anywhere between &#8220;$4 to $5 billion,&#8221; while committing to keep prices the same nonetheless.
Late last month, <a href="https://www.benzinga.com/tech/25/05/45640639/general-motors-to-invest-888-million-in-ny-v-8-engine-plant-despite-surge-in-ev-market-share">GM invested $888 million</a> in its NY V-8 Engine Plant at the Tonawanda Propulsion facility, marking the &#8220;single largest investment&#8221; by the company in a manufacturing plant, which once again underscores its commitment to ICE models and domestic manufacturing. 
Price Action: Shares of General Motors were up 2.09% on Tuesday, trading at $48.93, and are up 0.14% after hours.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="147" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10220543/Screenshot-2025-06-11-at-7.35.31-AM-1024x147.png" alt="" class="wp-image-945467" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10220543/Screenshot-2025-06-11-at-7.35.31-AM-1024x147.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10220543/Screenshot-2025-06-11-at-7.35.31-AM-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10220543/Screenshot-2025-06-11-at-7.35.31-AM-768x110.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10220543/Screenshot-2025-06-11-at-7.35.31-AM.png 1530w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
According to Benzinga&#8217;s Edge Stock Rankings, GM shares score well on Value, Growth and Quality, but lag on Momentum. It has a favorable price trend in the short term, but is unfavorable in the medium and long term. Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> for deeper insights into the stock and how it compares with peers and competitors.
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Image Via Shutterstock

GM's $4 Billion Bet On US Auto Manufacturing Backs 'Hardworking Americans' Amid Trump Tariffs Push

Cryptocurrency bettors saw a strong likelihood that courts would block the deployment of the U.S. military in Los Angeles as protests over President Donald Trump's immigration crackdown entered their fifth day.
What happened: The betting contract "Will courts block Trump&#8217;s National Guard deployment by Friday?" had <a href="https://polymarket.com/event/will-courts-block-trumps-national-guard-deployment-by-friday?tid=1749602834907">65%</a> odds on Polymarket as of this writing.&nbsp;
The market will resolve to &#8220;Yes&#8221; if any U.S. court issues an order that "blocks, restrains, or prohibits" the federal deployment of the National Guard to Los Angeles by June 13.
The Polygon (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">POL</a>)-based prediction platform allows users to buy &#8220;Yes&#8221; and &#8220;No&#8221; shares in USD Coin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>). The shares representing the correct outcome are paid out $1 USDC each upon market resolution.
Note that Polygon is not <a href="https://www.benzinga.com/24/11/41838037/will-polymarket-return-to-the-us-after-getting-trump-victory-right-ceo-says-its-part-of-the-plan">accessible to U.S. residents</a> due to regulatory restrictions.
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/crypto/cryptocurrency/25/06/45740537/forget-dollars-willy-woo-says-bitcoin-will-be-priced-against-global-gdp-gold-used-to-be-that-money-btc-is-the-challenger">Forget Dollars: Willy Woo Says Bitcoin Will Be Priced Against Global GDP — &#8216;Gold Used To Be That Money, BTC Is The Challenger&#8217;</a>
Why It Matters: These odds come as demonstrations against Trump's immigration raids escalated in Los Angeles.&nbsp;
To <a href="https://www.benzinga.com/news/politics/25/06/45851810/trump-supports-arrest-of-california-governor-gavin-newsom-as-us-deploys-700-marines-to-los-angeles">quell the protests</a>, Trump has authorized the deployment of an additional 2,000 National Guard troops and 700 Marines, following his initial deployment of 2,000 troops. Los Angeles Police Chief Jim McDonnell has <a href="https://www.benzinga.com/news/politics/25/06/45851810/trump-supports-arrest-of-california-governor-gavin-newsom-as-us-deploys-700-marines-to-los-angeles">expressed concerns</a> over the deployment, citing significant logistical and operational challenges
California Governor Gavin Newsom asked a federal court to block the Trump administration from using the National Guard and Marines to assist with immigration raids in the city, calling it a <a href="https://www.benzinga.com/news/politics/25/06/45830221/gavin-newsom-calls-deployment-of-national-guard-in-los-angeles-unlawful-says-there-was-no-problem-until-trump-got-involved-serious-breach-of-state-sovereignty">breach of state sovereignty</a>.
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45739199/american-politicians-dont-believe-bitcoin-can-co-exist-peacefully-with-the-dollar-says-this-popular-btc-maximalist-heres-why">American Politicians Don&#8217;t Believe Bitcoin Can &#8216;Co-Exist Peacefully&#8217; With The Dollar, Says This Popular BTC Maximalist: Here&#8217;s Why</a></li>
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Image Via Shutterstock

Government

Politics

$POL

$USDC

Will Trump's National Guard Deployment In Los Angeles Be Blocked? Cryptocurrency Bettors See Strong Chance As Gavin Newsom Approaches Court

On Tuesday, David Sacks, the White House AI czar, downplayed concerns over <a href="https://www.benzinga.com/government/24/09/40748185/chinas-markets-still-manage-to-get-nvidia-ai-chips-via-smuggling-report">AI chip smuggling</a>, arguing that over-regulating U.S. AI exports could stifle innovation and allow China to gain a technological edge.
What Happened: Speaking at the AWS summit in Washington, Sacks dismissed the idea that U.S. AI chips could be easily smuggled, noting that the chips are massive, weighing up to two tons and cannot be hidden, reported Reuters.
&#8220;We talk about these chips like they could be smuggled in the back of a briefcase. That&#8217;s not what they look like. These are server racks that are eight feet tall and weigh two tons,&#8221; he said.
Sacks, a key figure in the President Donald Trump administration&#8217;s AI policy, expressed concern that overly restrictive regulations could impede U.S. technological progress.
See Also: <a href="https://www.benzinga.com/markets/tech/25/06/45855054/nvidias-jensen-huang-once-called-huawei-chinas-most-formidable-tech-company-but-ceo-ren-zhengfei-says-its-chips-still-lag-behind-us-rivals">Nvidia&#8217;s Jensen Huang Once Called Huawei China&#8217;s Most Formidable Tech Company, But CEO Ren Zhengfei Says Its Chips Still Lag Behind US Rivals</a>
He argued that tightening controls might inadvertently push global markets toward China.
&#8220;I do worry we're on a trajectory where fear could overtake opportunity and we end up sort of crippling this wonderful progress that we're seeing,&#8221; Sacks warned.
Why It's Important: The comments come as U.S.-China relations remain tense, particularly over AI technology.
Sacks criticized the <a href="https://www.benzinga.com/25/05/45291509/nvidia-broadcom-amd-surge-as-trump-reshapes-ai-chip-export-rules-to-ease-market-pressure">export restrictions on AI chips</a> imposed during the former President Joe Biden era, which sought to prevent them from reaching China, fearing their use in military applications.
He stated that such measures could backfire, pushing countries into China's arms.
&#8220;We rescinded that Biden diffusion rule, which&#8230;made diffusion a bad word. Diffusion of our technology should be a good word, he said, highlighting the need for global cooperation on AI.
Last month, it was reported that the U.S. plans to <a href="https://www.benzinga.com/25/05/45196679/nvidia-faces-new-challenges-as-us-tightens-semiconductor-sanctions-and-tracks-ai-chip-smuggling">implement a regulation</a> aimed at confirming the origin of AI chips developed by Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and its competitors, to stop them from being illicitly transported to China.
During the same time, <a href="https://www.benzinga.com/25/05/45160136/nvidia-blasts-anthropic-for-backing-stricter-chip-bans-on-china-focus-on-innovation-than-tell-tall-tales">Nvidia criticized AI startup</a> Anthropic, backed by Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google, for advocating stricter U.S. export controls on AI chips to China.
The clash followed a blog post by Anthropic stating that chips had been smuggled into China using methods like hiding them in "prosthetic baby bumps" and with "live lobsters."
In response, a Nvidia spokesperson dismissed these allegations as exaggerated, urging U.S. companies to prioritize innovation over what they called "tall tales."
Previously, Nvidia CEO Jensen Huang also reportedly warned U.S. lawmakers that existing restrictions on AI chip exports might be inadvertently boosting Huawei Technologies' position in the <a href="https://www.benzinga.com/25/05/45157365/nvidia-ceo-jensen-huang-warns-us-lawmakers-that-export-bans-are-backfiring-fueling-huaweis-rise-in-global-ai-chip-race">global competition for AI leadership</a>.
Nvidia is demonstrating solid price momentum over the short, medium and long term, as indicated by Benzinga's Edge Stock Rankings. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">More detailed metrics are available here</a>.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image Via Shutterstock

Media

NVDA

Trump's AI Czar David Sacks Dismisses AI Chip Smuggling Fears, Warns Over-Regulation Could Hand AI Dominance To China: 'We Talk About These Chips Like They Could Be Smuggled In The Back Of A Briefcase'

You'd think a man worth $20 million wouldn't blink at a check for $800. You'd be wrong — if that man is Jeff Garlin.
The "Curb Your Enthusiasm" star reportedly bailed on a stand-up show at the Calabasas Country Club in California last week after discovering the club planned to pay him with a check instead of the cold hard cash he'd asked for. <a href="https://pagesix.com/2025/06/04/celebrity-news/curb-your-enthusiasm-star-jeff-garlin-walks-out-of-standup-show-over-800-check/">According to Page Six</a>, Garlin had agreed to do the gig — part of the club's recurring <a href="https://www.benzinga.com/markets/25/05/45533713/comedian-amy-schumer-has-quietly-invested-her-45-million-fortune-in-real-estate-including-her-new-or">comedy night series</a> — with the condition that his $800 fee be paid in actual bills. Not Venmo. Not direct deposit. Not a check. Just cash.
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So when the check came out, Garlin did the opposite — he walked out.
"The crowd was pissed," a source told Page Six. "Most of them had come to see Jeff."
Roughly 40 people had shown up for the dinner-and-comedy event, nestled between bingo nights and brunches on the country club calendar. And while $800 may not exactly scream "headliner budget," fans weren't expecting the headliner to bail altogether — especially not one who, by most estimates, has a <a href="https://www.realitytea.com/2025/06/06/jeff-garlin-net-worth-2025-money-make-have-earnings/">personal net worth of around $20 million</a>.
But Page Six sources insist it wasn't about the money. "Jeff can be a very neurotic guy," one insider said. "He can get hung up on things."
To be fair, fans of Curb have seen this movie before — usually starring Larry David. But this time, it was Garlin in real life, making a very Curb-worthy exit over a principle few saw coming.
Trending: Invest where it hurts — and help millions heal:<a href="https://www.benzinga.com/money/a-cure-for-osteoarthritis-powered-by-everyday-investors-cytonics-is-looking-to-beat-big-pharma-and-disrupt-a-390-billion-market"> Invest in Cytonics and help disrupt a $390B Big Pharma stronghold</a>.
Garlin's comedy roots run deep — Second City in the '80s, followed by decades in TV, film, and voiceover work. He spent 10 seasons on The Goldbergs, voiced characters in Pixar hits like "Toy Story 3" and "WALL-E," and has been David's onscreen wingman through 12 seasons of HBO's "Curb Your Enthusiasm."
Outside the spotlight, Garlin has also shared more personal struggles. In 2022, he posted a <a href="https://www.instagram.com/p/CiwMoMPss8-/">photo to Instagram</a> showing a black-and-white image of comedy legend Jack Benny reacting to Mad magazine, captioning it:
"Bipolar is a mother—. Sometimes it's just too much to deal with. I'm doing the best I can. This the first time that I've opened up about this."
He hasn't commented on the Calabasas incident. But one thing's for sure — Jeff Garlin doesn't bend. Especially <a href="https://www.benzinga.com/money/are-you-rich">not over an $800 check</a>.
Unless it folds, don't even try.
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Image: Shutterstock

Personal Finance

'Curb Your Enthusiasm' Star Jeff Garlin Is Worth $20 Million — But Walked Out Of Gig Because They Gave Him $800 Check Instead Of Cash

SVRE

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

SVREW

Fastenal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FAST#NASDAQ">FAST</a>) has outperformed the market over the past 5 years by 1.53% on an annualized basis producing an average annual return of 15.98%. Currently, Fastenal has a market capitalization of $49.01 billion. 
Buying $100 In FAST: If an investor had bought $100 of FAST stock 5 years ago, it would be worth $213.28 today based on a price of $42.72 for FAST at the time of writing.
<h3>Fastenal's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749599113_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

FAST

$100 Invested In Fastenal 5 Years Ago Would Be Worth This Much Today

Houlihan Lokey (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HLI#NYSE">HLI</a>) has outperformed the market over the past 5 years by 10.21% on an annualized basis producing an average annual return of 24.66%. Currently, Houlihan Lokey has a market capitalization of $12.15 billion. 
Buying $1000 In HLI: If an investor had bought $1000 of HLI stock 5 years ago, it would be worth $3,040.17 today based on a price of $174.08 for HLI at the time of writing.
<h3>Houlihan Lokey's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749598214_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Houlihan Lokey Stock In The Last 5 Years

The world of initial public offerings (IPOs) has seen several standout performers over the past year. CoreWeave, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWV#NASDAQ">CRWV</a>) saw a massive rally following its late March debut and Circle Internet Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRCL#NYSE">CRCL</a>) burst onto the scene last week with<a href="https://www.benzinga.com/trading-ideas/movers/25/06/45835006/why-circle-internet-group-shares-are-trading-higher-by-around-18-here-are-20-stocks-moving-premarket"> its successful IPO. </a>
But will they continue the upward trend and achieve sustained growth like Reddit, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) and Astera Labs, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>) following their 2024 IPOs? 
CRCL: Circle's IPO was priced at $31 and shares rocketed to $88 by the end of the first trading day. The stock climbed to over $107 the following day and marked a two-day surge of nearly 250%, setting a new record for IPOs raising $500 million or more since 1980, according to <a href="https://fortune.com/2025/06/10/circle-ipo-stock-price-valuation-outlook/">Fortune</a>.&nbsp;
Circle shares closed at $105.91 on Tuesday, with the newly listed stock having a $25.64 billion market cap. 
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CRWV: CoreWeave has also proven to be a powerhouse following its late March IPO, which debuted at $40 per share. The stock closed Tuesday at $154.90, up more than 280% since its IPO, with a market capitalization of more than $89 billion.  
However, the stock<a href="https://www.benzinga.com/trading-ideas/movers/25/06/45868311/coreweave-stock-falls-after-da-davidson-flags-massive-downside-risk"> dipped Tuesday on news</a> that DA Davidson analyst Gil Luria highlighted some "red flags" and called into question the value being generated for equity holders.
"CoreWeave disclosed a pro forma contract financing structure example to analysts earlier today, trying to indicate shareholders will get some returns during the duration of the contracts being signed. We believe the disclosure (even if accepted at face value) very clearly illustrates the exact opposite point," Luria said in a note to clients on Tuesday.
RDDT, ALAB: Both Reddit and Astera Labs had their IPOs in March 2024 and both stocks have maintained large gains in the following year.
Reddit's initial public offering was priced at $34 per share, valuing the company at approximately $6.4 billion. Reddit shares closed on Tuesday at $117.09 with a market capitalization of $21.68 billion. 
The social media platform's financial performance has been strong since its IPO, with a 68% increase in revenue to $348.4 million in the third quarter of 2024 and its first quarterly profit since going public.&nbsp;
Astera Labs' initial public offering was priced at $36 per share in March 2024 and the stock ended Tuesday's session at $91.46, more than double the IPO price. 
Both Astera Labs and Reddit have delivered strong IPO performances and sustained significant long-term gains.
Circle and CoreWeave have the potential to perform like Reddit and Astera Labs if they can maintain their current growth trajectories, manage risks and execute on their strategic plans.
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Image: Shutterstock

IPOs

ALAB

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Will Rising Stars Circle, CoreWeave Perform Like Past IPO Winners Reddit, Astera Labs?

Some 39% of companies plan to reduce Pride Month engagements this year, a recent <a href="https://www.gravityresearch.com/posts/corporate-approaches-to-pride-2025/">poll</a> of more than 200 corporate executives conducted by Gravity Research found.
Despite Pride Month becoming a splashy marketing event for brands over the last decade, respondents say that the Trump administration's policies towards DEI have them rethinking their participation.&nbsp;
Fear of reprisal is the driving factor behind reduced Pride Month engagement for 61% of executives. Pushback from conservative activists and other GOP policymakers are also major concerns for the companies, the survey found.
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"It's clear that the administration and their supporters are driving the change," Gravity Research President Luke Hartig told <a href="https://www.cnn.com/2025/06/02/business/brands-pride-month-trump-lgbtq">CNN</a>. "Companies are under increasing pressure not to engage and speak out on issues."
The subdued approach to Pride Month is a part of a broader pivot in corporate America. CNN says that many businesses are now scrapping all kinds of programs designed to increase diversity in the workplace, thanks to pressure from the administration.
However, advocates for gay, lesbian, and transgender Americans say that companies that bend to the pressure and downplay support for LGBTQ+ customers and employees risk losing business, especially as a <a href="https://news.gallup.com/poll/656708/lgbtq-identification-rises.aspx">Gallup poll</a> found that more Americans than ever before – 9.3% – identify as LGBTQ+.&nbsp;
Trending: Can you guess how many retire with a $5,000,000 nest egg? <a href="https://www.benzinga.com/money/5mil-nest-egg-adv">The percentage may shock you</a>.
"By weaponizing federal agencies like the Equal Employment Opportunity Commission and the Justice Department to intimidate companies that support LGBTQ+ inclusion, this administration is creating an anti-business, anti-worker atmosphere," Eric Bloem, vice president of corporate citizenship at the Human Rights Campaign Foundation, told CNN.
"Companies that show up only when it's convenient, or backtrack the moment there's political pressure, risk losing trust and credibility," he said.
The executives polled by Gravity Research seem to be aware of this. Sixty-five percent of respondents said that they were actively preparing for backlash over their decision to reduce involvement in Pride Month by crafting reactive communication strategies and training HR teams to manage internal sentiment.
See Also: Invest where it hurts — and help millions heal:<a href="https://www.benzinga.com/money/a-cure-for-osteoarthritis-powered-by-everyday-investors-cytonics-is-looking-to-beat-big-pharma-and-disrupt-a-390-billion-market"> Invest in Cytonics and help disrupt a $390B Big Pharma stronghold</a>.
A quieter approach to Pride Month marketing doesn't necessarily mean that companies are backpedaling on support for their LGBTQ+ customers and employees.&nbsp;
"I do see there's pivoting happening (for Pride Month). What I don't see is corporates walking away from the LGBTQ community," the president of advocacy group GLAAD, Sarah Kate Ellis, told CNN. "They don't want to be caught in the crosshairs of this presidency, and they don't want to become the headline like Target or Bud Light."
Bud Light sales plummeted in 2023 after a partnership with transgender activist Dylan Mulvaney. That same year, activists and customers attacked Target over its Pride merchandise. The backlash also led to a major drop in sales for the retailer.
Instead, "Companies are going deeper and wider, rather than supporting an event," Ellis said. "They're finding better ways to thread their work supporting the LGBTQ community into their organizations."
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<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/how-peter-thiel-turned-his-roth-ira-into-5-billion-and-why-accredited-investors-are-now-eyeing-this-smartphone-disruptor">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.30/share!</a></li>
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Image: Shutterstock

Some Companies Plan To Reduce Pride Month Engagements, Cite 'Increasing Pressure Not To Engage And Speak Out On Issues' As Leading Factor

AerCap Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AER#NYSE">AER</a>) has outperformed the market over the past 5 years by 13.05% on an annualized basis producing an average annual return of 27.5%. Currently, AerCap Holdings has a market capitalization of $20.90 billion. 
Buying $1000 In AER: If an investor had bought $1000 of AER stock 5 years ago, it would be worth $3,367.01 today based on a price of $115.32 for AER at the time of writing.
<h3>AerCap Holdings's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749596412_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning AerCap Holdings Stock In The Last 5 Years

One of the <a href="https://www.benzinga.com/markets/cryptocurrency/22/06/27923839/khaby-lame-becomes-most-followed-tiktok-account-and-partners-with-this-crypto-company">most followed social media</a> stars globally was detained by the U.S. Immigration and Customs Enforcement and granted voluntary departure from the country.
Here's the latest.
What Happened: Efforts from the White House administration <a href="https://www.benzinga.com/markets/tech/25/06/45830565/multiple-waymo-vehicles-set-on-fire-during-los-angeles-anti-ice-protests-elon-musk-says-this-is-not-ok">are ramping up</a> to detain illegal residents in the U.S. and deport them.
Khaby Lame, who is the most followed person on TikTok, was recently detained by ICE in Las Vegas for overstaying his visa, according to a New York Post <a href="https://nypost.com/2025/06/09/us-news/worlds-most-followed-tiktok-star-khaby-lame-allowed-to-self-deport-after-being-detained-by-ice/">report</a>.
Lame attended the Met Gala in New York City in May before later being arrested at the Harry Reid International Airport in Las Vegas on June 6.
"U.S. Immigration and Customs Enforcement detained Seringe Khabane Lame, 25, a citizen of Italy, June 6, at the Harry Reid International Airport, Las Vegas, Nevada for overstaying the terms of his visa," a senior Department of Homeland Security official told the New York Post.
Lame was "granted voluntary departure" on June 6 and since "self-deported" the U.S., the official said.
The content creator, who was born in Senegal, came to the U.S. on April 30 with a temporary visa.
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Why It's Important: Lame was born in Senegal and moved to Italy at a young age with his family, before later becoming a resident of the European nation.
Laid off from his factory job in Italy during the COVID-19 pandemic, Lame turned to TikTok and content creation after moving back to his family apartment.
Lame quickly found success by mocking "life hack" videos with reaction videos, which show him accomplishing tasks in an easier way and then using his signature gesture.
In 2022, Lame became the most-followed account on TikTok, passing Charli D'Amelio. Today, Lame has over 162 million followers on the platform.
With reports on Lame's detainment and deportation, political activist Bo Loudon, a Donald Trump supporter, has been linked to reporting Lame to ICE authorities.
"Far-left ILLEGAL ALIEN TikToker Khaby Lame was just arrested and is now in ICE custody under President Trump. I discovered he was an illegal who overstayed an invalid VISA, evaded taxes, and I personally took action to have him deported. No one is above the law!" Loudon <a href="https://x.com/BoLoudon/status/1931118528213741843">tweeted</a>.
Loudon's report and Lame's detainment have gone viral and could show the power of social media and activists turning in people to ICE and having them deported. There is also no current evidence that Lame is &#8220;far left&#8221; politically. 
The detainment also comes as TikTok faces <a href="https://www.benzinga.com/25/04/44655624/trumps-tariff-hike-pushes-back-tiktok-us-deal-as-china-opposes-the-sale-extending-the-deadline-for-bytedances-divestment">a pending ban</a> in the U.S. if a deal is not reached to sell the U.S. arm of the social media company.
Lame has not publicly addressed the incident.
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Photo: Jay Hirano via Shutterstock

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TikTok Star Khaby Lame 'Self-Deports' After US Detention: 'Granted Voluntary Departure'

Tyler Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) has outperformed the market over the past 10 years by 5.78% on an annualized basis producing an average annual return of 16.89%. Currently, Tyler Technologies has a market capitalization of $25.29 billion. 
Buying $1000 In TYL: If an investor had bought $1000 of TYL stock 10 years ago, it would be worth $4,873.94 today based on a price of $586.53 for TYL at the time of writing.
<h3>Tyler Technologies's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749595513_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In Tyler Technologies 10 Years Ago Would Be Worth This Much Today

You can only tell the "Bezos started Amazon in his garage" story so many times before it starts to feel like a corporate bedtime story. But long before the garage and the buff billionaire energy, Jeff Bezos was just a scrawny Texas kid who, according to his mom, "barely made the weight limit" to play youth football.
That detail — along with most of what follows — comes from <a href="https://www.wired.com/1999/03/bezos-3/">"The Inner Jeff Bezos," a 1999 Wired profile</a> that dug into the early years of the now-spacefaring mogul.
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Jackie Bezos said her son wasn't always the most socially comfortable kid. To help him fit in, <a href="https://www.benzinga.com/25/05/45241136/jeff-bezos-says-he-won-the-lottery-with-his-teen-mom-she-had-him-at-17-took-him-to-night-school-then-invested-her-245k-savings-in-amazon">she and her husband</a> signed him up for the high-stakes world of Texas football — and expected the worst. "I thought he was going to get creamed out there," she admitted. But just two weeks later, her undersized son was named defensive captain. Why? He was the only kid who could remember all the plays — not just his own, but the entire squad's. Of course, he was.
That same brainpower showed up in more geek-approved ways, too. In elementary school, Bezos enrolled in the Vanguard program at Houston's River Oaks Elementary, a magnet school for academically advanced students.&nbsp;
The Wired profile also mentioned how Julie Ray's 1977 book "Turning on Bright Minds" followed 12-year-old Jeff — pseudonym "Tim" — through a typical school day, describing him as "friendly but serious," and "possessed of general intellectual excellence." He was, notably, "not particularly gifted in leadership," though that might come as a surprise to his future employees and rocket engineers.
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But if he wasn't a born leader, he was a born sci-fi addict. Once his school got access to a mainframe computer, Bezos and friends would spend hours playing a primitive Star Trek game, hunting down cloaked Klingons on a three-by-three matrix. Forget flag football — this is what real future billionaires were doing in the '70s.
By high school, Bezos had his eyes on the stars — literally. While other kids dreamed of becoming astronauts, he told people he <a href="https://www.benzinga.com/news/space/25/06/45788673/jeff-bezos-blue-origin-reveals-new-space-vehicle-for-lunar-and-martian-missions">planned to be a space entrepreneur</a>. "He said the future of mankind is not on this planet, because we might be struck by something, and we better have a spaceship out there," recalled the father of his high school girlfriend, Rudolf Werner.
That might've sounded like sci-fi-fueled delusion back then — the kind of thing a teenager says after too many NASA brochures and not enough sleep — but Bezos wasn't bluffing. He attended a high school space initiative at NASA's Huntsville facility in Alabama, where his plans for a future among the stars started taking shape. According to his science teacher Bill McCreary, "Oh, he had ideas about space promotion!"
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Those ideas weren't about being the next astronaut on a shuttle. Bezos wanted to build the shuttle. Run the launchpad. Own the orbital infrastructure. And if you've seen <a href="https://www.benzinga.com/general/space/25/04/44786258/katy-perry-lauren-sanchez-among-blue-origins-all-women-ns-31-crew-set-to-take-flight-in-west-texas">Blue Origin's New Shepard rocket</a> or his statements about colonizing space, well — that wasn't just a passing teenage obsession. It was a business plan in beta.
Even today, he hasn't let go of the big vision. When reminded in the Wired interview of his youthful warnings that Earth was vulnerable to extinction-level disasters, Bezos chuckled — but only for a second. "I wouldn't mind helping in some way," he said. "I do think we have all our <a href="https://www.benzinga.com/25/05/45483482/jeff-bezos-once-told-employees-i-predict-one-day-amazon-will-fail-amazon-will-go-bankrupt-but-his-goal-was-to-try-and-delay-the-inevitable">eggs in one basket</a>."
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Jeff Bezos' Mom Enrolled Him in Football Because He Struggled With Other Kids — 'Barely Made the Weight Limit' But 2 Weeks Later, He Was Captain

NVIDIA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) has outperformed the market over the past 15 years by 39.23% on an annualized basis producing an average annual return of 51.11%. Currently, NVIDIA has a market capitalization of $3.51 trillion. 
Buying $100 In NVDA: If an investor had bought $100 of NVDA stock 15 years ago, it would be worth $48,298.60 today based on a price of $143.82 for NVDA at the time of writing.
<h3>NVIDIA's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749594613_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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