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Expensify

Expensify Inc is a cloud-based expense management software platform that helps various businesses simplify the way to manage money. It is used to scan and reimburse receipts from flights, hotels, coffee shops, office supplies and ride shares. People use Expensify's free features, which include corporate cards, expense tracking, next-day reimbursement, invoicing, bill pay and travel booking in one app.

Expensify Inc

Defense Secretary Pete Hegseth has reportedly been taking his wife to high-level foreign meetings where sensitive information was discussed.
What Happened: Hegseth brought Jennifer Hegseth to at least two meetings with foreign military leaders.
According to the report <a href="https://www.wsj.com/politics/national-security/hegseth-brought-his-wife-to-sensitive-meetings-with-foreign-military-officials-c16db0ea?mod=hp_lead_pos1">by</a> The Wall Street Journal, the meetings in question included one with UK Secretary of Defense John Healey on March 6, and a NATO meeting in Brussels in February. Jennifer Hegseth, a former Fox News producer, was present at both meetings where sensitive information regarding support for Ukraine was discussed.
While a&nbsp;secretary can invite anyone to&nbsp;meetings, attendees typically possess security clearances due to the sensitive nature of discussions. Jennifer Hegseth, who is not a Defense Department employee, has not confirmed whether she holds a security clearance.
"When you have meetings with ministers or high-level NATO officials, those meetings almost always include sensitive security conversations," former Secretary of Defense Chuck Hagel, a Republican who served in the Obama administration, told the outlet.
Also Read: <a href="https://www.benzinga.com/startups/25/02/43434159/defense-secretary-pete-hegseths-6m-earnings-revealednewly-sworn-in-defense-secretary-pete-hegseth-earned-nearly-6-million-over-the-past-two-years-from-his-fox-news-job-book-deals-and-spea">Defense Secretary Pete Hegseth&#8217;s $6M Earnings Revealed</a>
"If you are going to discuss top secret, national security issues, you have to be very selective. What's the relevancy of the person you are inviting?" he added. 
Some attendees at the meetings were reportedly unaware of Jennifer Hegseth&#8217;s identity, while others were surprised by her presence. It remains unclear whether her attendance impacted the discussions.
Current and former defense officials&nbsp;have stated that&nbsp;it is unusual for spouses&nbsp;to attend such meetings, raising questions about the appropriateness of Jennifer Hegseth&#8217;s presence.
Why It Matters: The presence of Jennifer Hegseth at these high-level meetings raises serious questions about the security protocols in place. It is not common practice for spouses, who do not hold official positions or security clearances, to be present at such meetings where sensitive information is discussed. 
This incident has sparked a debate about the professional boundaries within the Defense Department and the potential risks associated with breaching these boundaries.
Read Next
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Image: Shutterstock

News

Politics

Defense Secretary Hegseth Under Fire for Bringing Wife To High-Level Security Meetings

On Friday, President Donald Trump signed a sweeping executive order aimed at cracking down on crime and <a href="https://www.benzinga.com/markets/equities/25/03/44474423/fbi-launches-task-force-to-address-tesla-protests-director-kash-patel-condemns-violence-as-domestic-terrorism" target="_blank" rel="noreferrer noopener">boosting immigration enforcement in the District of Columbia</a>.
The <a href="https://x.com/rapidresponse47/status/1905380659251621995?s=46&amp;t=4w-wmN8A8Gi-y4PcqdJysA" target="_blank" rel="noreferrer noopener">order</a> establishes the &#8220;D.C. Safe and Beautiful Task Force,&#8221; which will coordinate federal and local efforts to address crime, improve public safety, and enhance the city&#8217;s cleanliness and aesthetics.
The executive order directs federal agencies, including the Department of Homeland Security and the FBI, to work with local officials to enhance law enforcement presence, combat crime, and enforce federal immigration laws, particularly by addressing illegal immigration and sanctuary city status.
Also Read:<a target="_blank" href="https://www.benzinga.com/25/03/44528268/chamath-palihapitiya-agrees-you-should-no-longer-learn-to-code-says-parents-should-advise-their-kids-to-focus-on-these-subjects-instead" rel="noreferrer noopener"> Chamath Palihapitiya Agrees You Should No Longer Learn To Code, Says Parents Should Advise Their Kids To Focus On These Subjects Instead</a>
The Task Force will also collaborate with local law enforcement to tackle fare evasion and crimes within the Washington Metropolitan Area Transit Authority, support the recruitment of police officers, and improve the District&#8217;s forensic capabilities.
Additionally, the order calls for beautification projects to restore public monuments and remove graffiti.
The order also mandates the cleanup of homeless encampments on federal land and encourages private sector involvement in public space beautification. While the executive order aims to bolster D.C.&#8217;s safety and appearance, it specifies that implementation will be subject to law and available funding.
Read Next:
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<li><a href="https://www.benzinga.com/news/25/03/44521302/steve-jobs-warned-34-years-ago-about-america-being-hollowed-out-by-foreign-manufacturing-a-concern-t" target="_blank" rel="noreferrer noopener">Steve Jobs Warned 34 Years Ago About America Being ‘Hollowed Out' By Foreign Manufacturing — A Concern Trump Now Echoes</a></li>
</ul>
Image: Shutterstock

Markets

General

Trump Signs Executive Order to Combat Crime and Toughen Immigration Enforcement in Washington D.C.

Anthony Scaramucci, the former White House communications director, predicts a political tumble for Vice President JD Vance, suggesting that President Donald Trump is increasingly discontented with him.
What Happened: Scaramucci, who had a brief stint as Trump&#8217;s communications director, made these predictions in an interview with CNN. He indicated that Vance&#8217;s close emulation of the president could be a &#8220;mistake,&#8221; and that Trump might not appreciate the &#8220;obsequiousness&#8221; of Vance&#8217;s behavior.
"He's not the president, and whether you like the president or dislike the president, he has the following. He has the rizz for his team, MAGA. JD Vance hasn't proven that. I think it's probably annoying to the president that he's over-modeling him. You know, people mistake this about Trump. I don't think he likes the obsequiousness stuff," Scaramucci said. 
These remarks from Scaramucci followed Vance&#8217;s visit to Greenland, a territory that has piqued Trump&#8217;s interest for acquisition from Denmark. During this visit, Vance criticized Denmark&#8217;s management of Greenland&#8217;s security, a comment made at a time when the U.S. alone has proposed taking over the territory, even contemplating military action.
Also Read: <a href="https://www.benzinga.com/news/25/03/44211446/anthony-scaramucci-slams-donald-trump-hes-going-to-put-us-into-a-recession-frankly" target="_blank" rel="noreferrer noopener">Anthony Scaramucci Slams Donald Trump: ‘He&#8217;s Going To Put Us Into A Recession, Frankly&#8217;</a>
&#8220;I think at the at the end of the day, I predict that JD Vance will go the way of Mike Pence here. The president will make him more irrelevant. He'll do things to Vance that will compromise his position. He doesn't like the attention that Vance is giving. And you should ask your sources why he went on that trip," he added. 
Scaramucci continued to forecast that Trump will make Vance &#8220;irrelevant,&#8221; similar to former Vice President Mike Pence. He also labeled Vance&#8217;s Greenland visit as &#8220;embarrassing,&#8221; in the wake of the administration&#8217;s inability to secure a warm reception from the Greenlanders for the U.S. delegation.
Why It Matters: The growing tension between Trump and Vance could have significant implications for the administration and its policies. Vance&#8217;s criticism of Denmark&#8217;s handling of Greenland&#8217;s security, at a time when the U.S. is the only country proposing to take over the territory, has already stirred controversy. 
If Scaramucci&#8217;s predictions hold true, this could mark a significant shift in the dynamics of the Trump administration, potentially impacting future policy decisions and the U.S.&#8217;s international relations.
Read Next
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Scaramucci Says Trump Is Souring on VP Vance: 'The President Will Make Him More Irrelevant'

Dollar cost averaging is a popular strategy among investors who want to increase their exposure to the stock market without having to time the market. It involves buying stocks at regular intervals regardless of the market price.&nbsp;
It's a lot simpler if you apply this strategy to mutual funds and ETFs. Those funds offer diversified exposure to a wide range of stocks, but one Redditor is considering the dollar cost averaging method for individual stocks.&nbsp;
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In an <a href="https://www.reddit.com/r/investing/comments/1jkj3ja/is_dollar_cost_averaging_into_us_stocks_a_good/">Investing Reddit post</a>, an individual explains that they put $300 into their investment account bi-weekly. Now, the Redditor wants to put an extra $200 into the account bi-weekly and put that money into individual stocks. The Redditor mentioned a few blue-chip stocks and intends to follow that path for the next 20-40 years.
Before committing to it, the Redditor asked the community if dollar cost averaging into individual stocks is a good investment strategy.&nbsp;
<h2 class="wp-block-heading">Buying ETFs Is a Lot Easier</h2>
The top comment offered a blunt assessment of the situation. "No! Just buy ETFs," the commenter stated. Buying ETFs is a lot simpler since you can follow benchmarks and themes instead of knowing about individual stocks. It takes less time to monitor ETFs since a fund manager does that for you.
While you can outperform the stock market if you buy individual stocks, it is riskier. The average investor is better off with ETFs.
Trending: If there was a new fund backed by Jeff Bezos offering a <a href="https://www.benzinga.com/money/arrived-private-credit-fund">7-9% target yield with monthly dividends would you invest in it</a>?
<h2 class="wp-block-heading">Put All of Your Money into the Stock Market</h2>
One commenter suggested that the best investment strategy is to put all of your money into the stock market when you are young. The idea behind this strategy is that investors get to enjoy more compounding growth in the long run.&nbsp;
The commenter advocated for dollar cost averaging but didn't say if buying individual stocks was a good approach or a bad one. This comment is probably more geared toward the Redditor deciding to invest an additional $200 bi-weekly. That extra investment can compound over time.
The Redditor will endure some corrections as a stock investor. However, the original poster also mentioned having a 20-40 year time horizon. A lengthy time horizon makes it easier to realize profits from your investments when you are ready to sell them or pass them on to your heirs.
See Also: It&#8217;s no wonder Jeff Bezos holds over $250 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a>
<h2 class="wp-block-heading">Understand the Risks</h2>
While many commenters cautioned the Redditor to stick with ETFs, one of the commenters said that stock picking is okay if you know the risks. It's easier to recover from bad stock investments when you are younger. Furthermore, the investor is still putting some money into ETFs.
The commenter also mentions that the Redditor only listed reliable blue-chip stocks instead of high-flying growth stocks that can crash if the economy slows down. The Redditor doesn't seem like the type to go all-in on individual stocks, so a few individual picks can help balance out an ETF-focused portfolio.
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Personal Finance

Redditor Asks If Dollar Cost Averaging into Individual Stocks Makes Sense: 'I Was Thinking Of Adding Another $200 Bi-Weekly Into Some individual US Stocks'

Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) co-founder and CEO Mark Zuckerberg has spent most of his life creating things to facilitate human connection and he continues to push the limits of interaction as Meta <a href="https://www.benzinga.com/content/44245121/meta-stock-the-potential-and-pitfalls-of-its-reality-labs-bet">leans into the Metaverse</a>.
So what does the man who&#8217;s making new worlds think about the purpose of living&nbsp;in this one? When it comes to life, the answer is pretty&nbsp;clear, but when it comes to death…
"Constraints are helpful,"&nbsp;Zuckerberg said in a 2022 interview on &#8220;<a href="https://www.youtube.com/watch?v=5zOHSysMmH0">Lex Fridman Podcast #267</a>.&#8221;
That&#8217;s coming from the guy who founded&nbsp;what&#8217;s now the world&#8217;s largest social media platform&nbsp;at&nbsp;19 and became the world&#8217;s youngest billionaire by the time he was 23.&nbsp;
The Dusk:&nbsp;Zuckerberg is definitely aware of life&#8217;s finite quality and aims to stay safe, but he&#8217;s not freaked out by death. He believes&nbsp;longer lifespans are&nbsp;a good thing, which is why he has pledged 99% of his Meta shares to philanthropic causes, specifically toward the ability to cure, prevent or&nbsp;manage&nbsp;all diseases.&nbsp;
&#8220;But it was an intentional&nbsp;decision to not focus&nbsp;our philanthropy on like explicitly on longevity or living forever,&#8221; Zuckerberg said.&nbsp;
If Zuckerberg could have one question answered at the moment of death, he said he would want to know if&nbsp;his family would be alright.
&#8220;That might depend on the circumstances of my death, but I think that in most circumstances I can think of, that&#8217;s probably the main thing that I would care about.&#8221;
After his response, he noted that although his answer is&nbsp;probably in line with&nbsp;most responses, it&#8217;s not obvious to him.&nbsp;
&#8220;On the one hand, that&#8217;s probably the thing that&#8217;s closest to me and maybe the most common human experience,&#8221; Zuckerberg said. &#8220;But one of the things I just struggle with in terms of running this large enterprise is like: should the thing that I care more about be that responsibility?&#8221;
For the Meta CEO, it&#8217;s shifted over time. Before he had a family, the company was all he cared about, he said. &#8220;At this point, I care deeply about it, but &#8230; that&#8217;s not as obvious of a question.&#8221;
Related Link: <a href="https://www.benzinga.com/25/03/44409161/cathie-wood-offloads-meta-stock-while-mark-zuckerberg-celebrates-llama-ai-success">Cathie Wood Offloads Meta Stock While Mark Zuckerberg Celebrates Llama AI Success</a>
The Dawn:&nbsp;The meaning of life is more clear for Zuckerberg. From an intellectual perspective, he thinks people&nbsp;are meant&nbsp;to connect, which is something that society systematically undervalues, he said.&nbsp;
Taking a religious perspective, Zuckerberg highlighted how the Bible focuses on creation. &#8220;Why does the Bible start there?,&#8221; he said. &#8220;It could have started anywhere in terms of how to live, but basically it starts with talking about how God created people.&#8221;
&#8220;I actually think that there is like a compelling argument that I&#8217;ve always just found meaningful and inspiring that a lot of the point of what, sort of, religion has been telling us that we should do is to create and build things,&#8221; Zuckerberg said.
The Meta CEO has dedicated his life to his interpretation of its&nbsp;meaning:&nbsp;creating things for human connection. Zuckerberg continues to do so by pushing the boundaries of connection,&nbsp;changing the way&nbsp;people create and understand what is real.
&#8220;The real world is a combination of the physical world and the virtual world, but I think over time as we get more technology, the physical world is becoming less of a percent of the&nbsp;real world and I think that opens up a lot of opportunities for people.&#8221;
Read Next:
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</ul>
Some elements of this story were previously reported by Benzinga and it has been updated.
Photo: Shutterstock.

Sports Betting

Tech

Mark Zuckerberg Reveals 'Main Thing I Would Care About' Before Dying

Jeff Bezos has been engaged to Lauren Sanchez since May 2023 and just like his <a href="https://www.benzinga.com/news/23/08/33591383/bezos-throws-engagement-party-on-500-million-yacht-ahead-of-amazons-earnings-heres-who-was-in-attend">star-studded engagement party</a>, his wedding will include many notable VIPs across media, business and politics.
What Happened: Bezos and Sanchez are set to tie the knot in Venice, Italy this summer, likely months after Sanchez goes to space aboard a Blue Origin spaceflight from <a href="https://www.benzinga.com/general/space/25/02/44019974/katy-perry-gayle-king-lauren-sanchez-headline-next-blue-origin-space-flight-how-jeff-bezos-fiancee-crew-will-make-history">Bezos space company.</a>
Invitations for the wedding have been sent out for the highly anticipated wedding and Daily Mail has <a href="https://pagesix.com/2025/03/26/celebrity-news/jeff-bezos-and-lauren-sanchezs-wedding-guest-list-revealed/">revealed </a>many of the guest invited. Here are several of the guests who have been invited according to the report:
<ul>
<li>Oprah Winfrey</li>
<li>Gayle King</li>
<li>Leonardo DiCaprio</li>
<li>Katy Perry</li>
<li>Orlando Bloom</li>
<li>Brian Glazer</li>
<li>Barbra Streisand</li>
<li>Jewel</li>
<li>Kim Kardashian</li>
<li>Kris Jenner</li>
<li>President Donald Trump</li>
<li>Ivanka Trump</li>
<li>Jared Kushner</li>
<li>Joshua Kushner</li>
<li>Karlie Kloss</li>
<li>Bill Gates</li>
<li>Barry Diller</li>
<li>Diane von Furstenberg</li>
</ul>
Given the invitation of Trump and several members of his family, it will be interesting to see if the president comments on whether or not he will attend.
You may not be a billionaire like Jeff Bezos, but you can uncover hidden gems in the stock market using our proprietary data and pattern recognition — <a href="https://www.benzinga.com/trading-ideas/25/03/44209284/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-56">check out five stocks flying under the radar that deserve your attention.</a>
Wedding Plans: While nothing has been confirmed by Bezos or Sanchez, the Daily Mail is starting to release <a href="https://pagesix.com/2025/03/26/celebrity-news/inside-jeff-bezos-and-lauren-sanchezs-lavish-wedding-plans/">reported </a>details for the Venice wedding set for this summer.
The report comes after Bezos <a href="https://www.benzinga.com/24/12/42662407/jeff-bezos-says-600-million-wedding-rumor-is-completely-false-elon-musk-michael-saylor-bill-ackman-respond">previously shut down rumors</a> of the wedding costing $600 million.  
There were previous reports that the couple would get married on the $500 million superyacht Koru off the coast of Italy. The superyacht was where Bezos proposed and where they hosted their engagement party.
The Daily Mail reports that the superyacht could be used for the wedding, but is most likely being "involved" in the wedding as a taxi to the venue or other wedding events. With a cost of $500 million and annual costs of $25 million to maintain the superyacht, it might make sense to have the Koru involved in some shape for the wedding. 
While no date has been announced, a report said that two of Venice's premier hotels, the Gritti Palace and Aman Venice, are fully booked from June 26 to June 29. Rooms at those hotels cost an average of $3,200 per night.
"The wedding is poised to be a defining social event of 2025, not only for the couple but for Venice itself," a source said.
The couple have frequently visited Venice during their relationship, making the wedding location a nod to their time together.
Bezos and Sanchez began dating in 2019, but were not seen in public together for some time after their respective divorces were finalized.
Read Next: 
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<li><a href="https://www.benzinga.com/general/entertainment/24/09/40860724/bezos-doesnt-sunbathe-alone-on-his-25m-a-year-superyacht-as-he-hosts-kim-kardashian-leonard">Bezos Doesn&#8217;t Sunbathe Alone On His $25M-A-Year Superyacht As He Hosts Kim Kardashian, Leonardo DiCaprio, Katy Perry, Orlando Bloom And Others For Summer Fun</a></li>
</ul>

Entertainment

Jeff Bezos Italian Wedding Guest List And Plans: Kim Kardashian, Donald Trump, Bill Gates, Oprah Winfrey Get Reported Invites

Knowing which <a href="https://www.benzinga.com/personal-finance/25/03/44376666/high-yield-dividend-investor-making-12900-per-year-names-10-favorite-stocks-took-me-almost-3-years-to-get-to-this-point">stocks</a> to hold for the long term and which to sell before they drag down your portfolio is a challenge every investor faces at least once in their journey.
Some swear by the &#8220;buy and hold&#8221; strategy, while others advocate for constant rebalancing of a portfolio to mitigate <a href="https://www.benzinga.com/personal-finance/25/03/44476778/author-says-dave-ramsey-is-completely-ignorant-of-sequence-of-returns-risk-questions-whether-1-million-is-really-enough-for-retirement">risk</a>. The issue becomes even more pronounced when a portfolio is heavily condensed in high-growth but volatile sectors like technology.
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One such investor recently took to Reddit to seek advice on his $14,228 portfolio, which includes tech giants like Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Amazon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)​, Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>, GOOG)), and Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), alongside ETFs like Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>) and Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), and even some crypto-linked stocks like Coinbase Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) and MicroStrategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>).
The poster is considering adding Robinhood Markets (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) to his portfolio but is unsure if now is the right time. He&#8217;s also wondering whether to keep high-risk stocks like TSLA, COIN, and MSTR or shift to more stable assets and how to diversify his portfolio further.
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>.
The Reddit community has come forward with plenty of advice in the comments; let&#8217;s see what they say.
<h2 class="wp-block-heading">Hold or Sell? Investor With $14,000 Tech-Heavy Portfolio Ponders Diversification–Reddit Advises Him</h2>
Diversify into Other Sectors or Broader ETFs
Many Redditors indicated that the investor&#8217;s portfolio is way too concentrated in tech, which increases risk. Instead, they suggested reducing individual stock holdings and adding ETFs to gain exposure to other sectors.
&#8220;I am sure you know this, but VOO/QQQ includes all of the individual companies that you have the majority of your portfolio invested in,&#8221; a comment says.
Advising the poster to diversify his portfolio, one Redditor suggested choosing either VOO or QQQ, but not both.
&#8220;You own good companies! Personally, I would choose one of the two VOO/QQQ not both, but that&#8217;s just me and is not really a big deal&#8230; Other than that, I like everything else; I think I own all of them, except COIN. Look into buying other sectors, you are too heavily concentrated on tech.&#8221;
A commenter advised the poster to add a broad-market ETF to reduce complexity and risk.
&#8220;Too complex for this volume, many duplicates and missing diversification. Just do VOO or an [MSCI (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/msci#NYSE">MSCI</a>)] world index and that's it,&#8221; he wrote.
&#8220;VOO and QQQ are redundant and lend even more weight to the Mag 7. COIN, MSTR, TSLA, and NVDA are no-go long-term, I think. Try to add something more stable like [Raytheon Technologies (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rtx#NYSE">RTX</a>)], [UnitedHealth Group (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/unh#NYSE">UNH</a>)], or [The Coca-Cola Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ko#NYSE">KO</a>)],&#8221; a user suggested.
A Redditor recommended the investor add a mix of ETFs and stable dividend-paying stocks to improve the portfolio&#8217;s resilience.
&#8220;Continue with VOO, [Invesco NASDAQ 100 ETF (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qqqm#NASDAQ">QQQM</a>)] only, and get some solid plays added from now on, diversify a bit. Can stick with ETFs or index, defense, utilities, energy, health care, precious metals, [Berkshire Hathaway (NYSE: BRK.A, BRK.B)], with the trade war, you need stuff that can survive. Look for some balance now with solid legacy names with dividends,&#8221; he wrote.
See Also: 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>
Sell TSLA, COIN, and MSTR
The poster&#8217;s most controversial holdings were TSLA, COIN, and MSTR, and some commenters argued that he should get rid of them since they&#8217;re too risky for a 10-year hold.
&#8220;Sell the TSLA and take the win; it's overvalued dramatically,&#8221; a comment reads.
&#8220;I'd scrub TSLA and MSTR and put it in VOO or QQQ. Tesla's valuation is and has been insane forever, even after the sell-off. The fundamentals are just awful for its valuation. And that's not even dipping into political stuff. Plus, it's already a decent weight in VOO anyway. And MSTR is straight-up junk,&#8221; a Redditor said.
This user also suggested selling the three stocks, saying, &#8220;I would personally remove MSTR, COIN, and TSLA and buy more of QQQ/VOO.&#8221;
&#8220;Get rid of TSLA before it wrecks your portfolio!&#8221; another comment reads.
One Redditor shared he would never hold MSTR for the long term, and suggested HOOD instead of COIN.
&#8220;No way I would hold MSTR for 10 years. You are playing crypto with COIN; in my opinion, HOOD is the better bet now that they are getting into the higher-margin gambling business. If you want Bitcoin exposure, buy [iShares Bitcoin Trust (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ibit#NASDAQ">IBIT</a>)].
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AMZN

COIN

GOOGL

HOOD

IBIT

MSCI

MSTR

NVDA

QQQM

TSLA

$14K Investor In TSLA, NVDA, And QQQ Faces Dilemma – 'Looking To Hold For At Least 10 Years' But Is That A Recipe For Disaster? Reddit Debates

Farmland Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FPI#NYSE">FPI</a>) is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate.
The 52-week range of Farmland Partners stock price was $9.70 to $12.87.
Farmland Partners' dividend yield is 2.17%. It paid $0.24 per share in dividends during the last 12 months.
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<h2 class="wp-block-heading">The Latest On Farmland Partners</h2>
On Feb. 19, the company announced its Q4 2024 earnings, posting FFO of $0.19, compared to the consensus estimate of $0.17, and revenues of $21.47 million, compared to the consensus of $20.29 million, as reported by <a href="https://www.benzinga.com/news/earnings/25/02/43830306/farmland-partners-q4-ffo-0-19-beats-0-17-estimate-sales-21-47m-beat-20-29m-estimate">Benzinga</a>.
"2024 was a very strong year for FPI, as we successfully executed on our strategies to reduce overhead, enhance operational efficiencies, and selectively dispose of assets. Proceeds from the properties we sold in 2024 allowed us to reduce leverage in a period of elevated interest rates and repurchase stock at what we believe to be a significant discount to fair value," CEO Luca Fabbri said.
Trending: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die."<a href="https://www.benzinga.com/money/warren-buffet-make-money-when-you-sleep"> Here&#8217;s how you can earn passive income with just $100.</a>
<h2 class="wp-block-heading">How Can You Earn $100 Per Month As A Farmland Partners Investor?</h2>
If you want to make $100 per month — $1,200 annually — from Farmland Partners dividends, your investment value needs to be approximately $55,300, which is around 5,000 shares at $11.06 each.&nbsp;
Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (2.17% in this case). So, $1,200 / 0.0217 = $55,300 to generate an income of $100 per month.
You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.
The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.
See Also: Have $200K saved?<a href="https://www.benzinga.com/money/have-200k-saved-heres-how-to-turn-it-into-lasting-wealth"> Here's how to turn it into lasting wealth</a>
For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).
In summary, income-focused investors may find Farmland Partners stock an attractive option for making a steady income of $100 per month by owning 5,000 shares of stock.&nbsp;
Check out this <a href="https://www.benzinga.com/personal-finance/25/03/44512023/how-chevron-best-buy-and-idacorp-can-put-cash-in-your-pocket">article by Benzinga</a> for three more stocks offering high dividend yields.&nbsp;
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First Trust Advantage Preferred Income Fund

Here's How You Can Earn $100 In Passive Income By Investing In Farmland Partners Stock

A viral <a href="https://www.reddit.com/r/Millennials/comments/1jktxcg/i_dont_understand_how_people_have_money/">post</a> on Reddit&#8217;s r/Millennials subreddit struck a nerve this week after one user, frustrated by their financial situation, asked a simple question: How do people have money?
<h2 class="wp-block-heading">Millennials Making Bank, Still Feeling Broke</h2>
The post, titled &#8220;I don&#8217;t understand how people have MONEY,&#8221; came from a <a href="https://www.benzinga.com/personal-finance/24/06/39275908/are-you-richer-than-your-parents-were-at-your-age">Millennial who makes</a> over $125,000 a year and expects to reach a combined household income of $250,000 to $300,000 with their partner soon. And yet, they rarely have more than $10,000 in savings. After taxes, mortgage payments, condo fees, car payments, pet expenses, groceries and &#8220;random sh&#x2A;t that needs fixing,&#8221; the money&#8217;s just gone.
&#8220;Could I buy fewer avocados and never leave the house?&#8221; the poster asked. &#8220;It could make a difference of a few hundred bucks every few months, but not the tens of thousands that I actually need.&#8221;
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The frustration sparked over 5,000 upvotes and thousands of comments, many of which called the poster out. Others, however, related deeply to the sense that even <a href="https://www.benzinga.com/personal-finance/24/05/38734261/suze-orman-shares-why-people-making-100k-end-up-with-less-money-the-more-money-you-make-the-more">high earners struggle to build wealth</a> in today's economy.
<h2 class="wp-block-heading">Six-Figure Income, Little to Show</h2>
The original poster clarified they weren't trying to say &#8220;poor me&#8221; but rather express disbelief that saving up for a home, retirement or an emergency fund feels nearly impossible.
&#8220;I figure at 36 I have earned a car and a condo and not the life I had at 26, which was six roommates and a bike,&#8221; they wrote.&nbsp;
But many users were quick to point out that if you&#8217;re making that kind of money and still struggling, something doesn't add up.
&#8220;You do have money. You have an above-average salary and 10k in cash,&#8221; one commenter replied. Another wrote, &#8220;There's some major spending here they're not being honest about.&#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">The Harsh Truths</h2>
The post prompted a roundup of what it really takes for people to have money in today's economy. Here&#8217;s the TL;DR that emerged from the replies that OP later added to their original post:
<ul>
<li>Generational wealth: Having parents who paid for college or helped with a down payment <a href="https://www.benzinga.com/markets/24/12/42740507/reddit-user-asks-how-do-so-many-people-afford-multi-million-dollar-homes-says-even-six-figure-salaries-mean-nothing-in-this-area">makes a huge difference</a>.</li>
<li>&#8220;<a href="https://www.benzinga.com/personal-finance/24/11/41914082/dave-ramsey-says-its-stupid-to-go-into-debt-for-a-career-you-dont-borrow-money-to-cross-state-lines">Avoiding the student loan scam</a>:&#8221; Some people went to cheaper schools, won scholarships or skipped college altogether.</li>
<li>Luck and timing: Those who got jobs before the Great Recession or bought homes when prices were low got a huge leg up.</li>
<li>High-paying careers: Doctors, engineers, tech workers and others in top-paying industries are in a different ballpark.</li>
<li><a href="https://www.benzinga.com/news/25/03/44408726/got-laid-off-so-i-went-all-in-on-living-frugally-redditor-shares-how-they-saved-big-and-why-these-tips-may-be-more-important-than-ever">Living extremely frugally</a>: Many people who have money live with roommates into their 30s, never travel, and skip dining out.</li>
<li>Marrying well: Dual-income couples who moved in together early often end up far ahead financially.</li>
</ul>
&#8220;A lot of people don't actually have money. They have debt,&#8221; one commenter wrote.
See Also: Have $200K saved?<a href="https://www.benzinga.com/money/have-200k-saved-heres-how-to-turn-it-into-lasting-wealth"> Here's how to turn it into lasting wealth</a>
<h2 class="wp-block-heading">Reddit&#8217;s Callouts and Confessions</h2>
While many questioned OP&#8217;s budgeting, others shared their own stories of financial discipline and sacrifice. One user said they make just under $100,000 with three kids and still manage to <a href="https://www.benzinga.com/money/how-to-pay-off-debt">pay off debt and build credit</a>. Another revealed they <a href="https://www.benzinga.com/news/25/03/44449440/if-i-die-a-redditor-lived-frugally-for-20-years-to-secure-their-future-now-a-cancer-diagnosis-is-making-them-question-everything">lived frugally</a> on a $70,000 income and had two years of savings built up.
Some described surviving only because of extreme circumstances. A surprising number mentioned using legal settlements from accidents to make down payments on homes.
&#8220;I got it the good old American way! Getting hit by a car,&#8221; one user wrote.
But some took the chance to point out that America's <a href="https://www.benzinga.com/personal-finance/24/08/40586670/survey-finds-46-of-middle-class-workers-are-halting-or-cutting-their-retirement-contributions-du">middle class is being squeezed</a> from all sides. &#8220;A millionaire is closer to bankruptcy and homelessness than becoming a billionaire,&#8221; one person said, arguing that solidarity among working people—even high earners who still feel broke—is more important than ever.
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'Could I Buy Fewer Avocados And Never Leave The House?' A Millennial Can't Understand 'How People Have Money'

Kroger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KR#NYSE">KR</a>) is a food and drug retailer in the U.S. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses.
It is set to report its Q1 2025 earnings on June 20. Wall Street analysts expect the company to post EPS of $1.54, up from $1.43 in the year-ago period. According to Benzinga Pro, quarterly revenue is expected to reach $45.17 billion, down from $45.27 billion a year earlier.
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<li>If there was a new fund backed by Jeff Bezos offering a <a href="https://www.benzinga.com/money/arrived-private-credit-fund">7-9% target yield with monthly dividends would you invest in it</a>?</li>
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<h2 class="wp-block-heading">If You Bought Kroger Stock 10 Years Ago</h2>
The company's stock traded at approximately $38.04 per share 10 years ago. If you had invested $10,000, you could have bought roughly 263 shares. Currently, shares trade at $65.47, meaning your investment's value could have grown to $17,211 from stock price appreciation alone. However, Kroger also paid dividends during these 10 years.&nbsp;
Kroger's dividend yield is currently 1.99%. Over the last 10 years, it has paid about $7.82 in dividends per share, which means you could have made $2,056 from dividends alone.&nbsp;
Summing up $17,211 and $2,056, we end up with the final value of your investment, which is $19,267. This is how much you could have made if you had invested $10,000 in Kroger stock 10 years ago. This means a total return of 92.67%. However, this figure is significantly below the S&amp;P 500 total return for the same period, which was&nbsp; 235%.
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<h2 class="wp-block-heading">What Could The Next 10 Years Bring?&nbsp;</h2>
Kroger has a consensus rating of "Buy" and a price target of $63.22 based on the ratings of 23 analysts. The price target implies more than a 3% potential downside from the current stock price.
On March 6, the company announced its Q4 2024 earnings, posting adjusted earnings per share of $1.14, beating the street view of $1.11, as reported by <a href="https://www.benzinga.com/25/03/44169392/kroger-beats-q4-earnings-estimates-amid-leadership-shakeup">Benzinga</a>.
Quarterly sales of $34.308 billion slightly missed the analyst consensus estimate of $34.509 billion.
The company provided its full-year 2025 guidance, expecting adjusted EPS in the range of $4.60 to $4.80, compared to the consensus of $4.79. Full-year identical sales growth without fuel is seen in the range of 2.0% to 3.0%.
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Given the expected downside potential, growth-focused investors may not find Kroger stock attractive. Conversely, the stock can be a good option for income-focused investors, who can benefit from the company's solid dividend yield of 1.99% and consistent hikes. Kroger has raised its dividend consecutively for the last 18 years.
Check out this <a href="https://www.benzinga.com/personal-finance/25/03/44450148/why-pepsico-restaurant-brands-and-fifth-third-bancorp-are-winners-for-passive-income">article by Benzinga</a> for three more stocks offering high dividend yields.&nbsp;
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If You Invested $10K In Kroger Stock 10 Years Ago, How Much Would You Have Now?

Elon Musk's father, Errol Musk, is not losing sleep over protests and vandalism targeting Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>). In a recent <a href="https://www.youtube.com/watch?v=hWSloIuYNJ0">interview</a> on &#8220;The Andrew Eborn Show,&#8221; the elder Musk dismissed the backlash as good for business.
&#8220;Publicity. More publicity, free publicity,&#8221; he said. &#8220;You don&#8217;t have to go to the newspapers and pay £500,000 [$645,000] for adverts or anything like that. You&#8217;re getting [publicity] all the time.&#8221;
Errol added that when critics resort to vandalism, the public ultimately remembers the brand. &#8220;If scumbags do things like that to you, you become the hero and they just remain scumbags. What people remember is the name Tesla.&#8221;
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<h2 class="wp-block-heading">Stock Drop? &#8216;All the Stocks Have Come Down&#8217;</h2>
When asked about <a href="https://www.benzinga.com/news/25/03/44466839/more-bad-news-for-elon-musk-as-top-analyst-forecasts-stock-price-falling-by-as-much-as-50">Tesla's recent dip in stock price</a>, Errol downplayed the concern, calling it a natural part of market cycles.
&#8220;All the stocks have come down,&#8221; he said. &#8220;This is cyclical. People push their stocks. There are tricks of the trade, and everything is moving the stocks up and down.&#8221;
He also claimed that Elon doesn't stress about stock prices. &#8220;As Elon says, he never looks at stocks,&#8221; Errol noted.
Errol brushed off the idea that <a href="https://www.benzinga.com/25/03/44466170/why-the-hate-and-violence-against-me-elon-musk-questions-backlash-says-hes-only-made-products-people-love-never-physically-hurt-anyone">Elon takes criticism personally</a>, saying it&#8217;s all part of being in the spotlight. &#8220;Being attacked or being lauded, it&#8217;s sort of the same coin, just different sides,&#8221; he said. &#8220;The whole thing in life is to be noticed.&#8221;
Trending: This startup is on the brink of a huge disruption to a $654 billion industry – <a href="https://www.benzinga.com/money/venhub-adv">invest in it for under $10 before it's too late</a>.
<h2 class="wp-block-heading">Privilege, Politics, and Petrol</h2>
Errol has been more visible in the media lately, offering up stories about Elon's childhood and family dynamics. In a separate interview with <a href="https://www.youtube.com/watch?v=J5WyTw0oXDs">Vlad TV</a>, he said <a href="https://www.benzinga.com/news/25/03/44420385/they-werent-like-other-kids-errol-musk-says-elon-and-his-siblings-only-rode-in-rolls-royce-cars-flew-private-and-skied-in-europe">Elon and his siblings &#8220;only rode in Rolls-Royce cars&#8221;</a> and learned to ski in Europe before the age of 10. &#8220;They weren&#8217;t like other kids,&#8221; he said.
He also shared that the Musk family has a foundation that supports relatives financially, including his ex-wife. When Errol faced steep medical bills, Elon and Kimbal Musk stepped in to help.
Elon even <a href="https://www.benzinga.com/25/02/43771853/elon-musk-didnt-always-get-along-with-his-fatherbut-last-year-he-bought-him-a-luxury-car-that-wasnt-a-tesla">bought him a Bentley Flying Spur</a>. Although the original idea was to send a Tesla, Errol turned it down due to South Africa&#8217;s limited infrastructure for electric vehicles.
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Despite their rocky relationship—Elon has publicly called his father a &#8220;terrible human being&#8221;—Errol said things aren't as bad as they seem. He claimed Elon recently asked about his memecoin venture, Musk It, and invited him to the launch of Starship.
<h2 class="wp-block-heading">&#8216;Just Tell Him To Get Lost&#8217;</h2>
In an <a href="https://www.youtube.com/watch?v=omwLYoAUg18">interview</a> with the U.K&#8217;s LBC Radio, Errol also <a href="https://www.benzinga.com/news/25/03/44438884/elon-musks-father-says-people-dont-have-to-listen-to-what-elon-says-just-tell-him-to-get-lost">addressed the controversy around Elon's outspoken opinions</a>, especially about the U.K.
&#8220;People don&#8217;t have to listen to what he says,&#8221; Errol said. &#8220;Just tell him to get lost.&#8221;
He acknowledged that Elon's status as a billionaire might give his words more weight, but emphasized that many people are saying similar things. &#8220;Hundreds of thousands of people are tweeting the same things or saying the same things as he is,&#8221; he said.&nbsp;
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Elon Musk's Father Says Tesla Vandalism And Protests Are Just 'Free Publicity.' Claims, 'All The Stocks Have Come Down,' Not Just Tesla

Benzinga examined the prospects for<a href="http://www.benzinga.com/trading-ideas" target="_blank" rel="noreferrer noopener"> many investors' favorite stocks</a> over the last week — here's a look at some of our top stories.
U.S. stock markets declined this week amid escalating trade tensions and inflation concerns. The S&amp;P 500 fell 2%, the Dow Jones Industrial Average dropped 1.7%, and the Nasdaq Composite decreased by 2.7%, marking one of the worst weeks in recent years.
President Donald Trump's announcement of a 25% tariff on imported automobiles and parts contributed to market volatility. Automotive stocks were notably impacted; General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) tumbled over 7%, and Ford (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) slid 3.9%. Conversely, electric vehicle manufacturers like Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) edged up 0.4%, as their U.S.-based production is less affected by the tariffs.
Beyond the auto sector, economic indicators added to investor unease. The Federal Reserve's preferred inflation gauge, the core Personal Consumption Expenditures (PCE) price index, rose 0.4% in February, bringing the annual rate to 2.8%, above the Fed's 2% target. Additionally, consumer spending data fell short of expectations, exacerbating fears of economic slowdown amid President Trump's tariff policies.
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week's most bullish and bearish posts that are worth another look.

The Bulls
<a href="https://www.benzinga.com/trading-ideas/long-ideas/25/03/44512999/chevron-hits-52-week-high-warren-buffetts-5th-largest-holding-is-on-fire-but-should-you-buy">"Chevron Hits 52-Week High: Warren Buffett's 5th Largest Holding Is On Fire — But Should You Buy?"</a>, by Surbhi Jain, reports that Chevron Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) hit a 52-week high as rising oil prices and Warren Buffett's ongoing support strengthened investor confidence.
<a href="https://www.benzinga.com/media/25/03/44515782/microsoft-halts-expansion-plans-yet-analysts-still-rank-it-among-top-investment-picks">"Microsoft Halts Expansion Plans, Yet Analysts Still Rank It Among Top Investment Picks"</a>, by Anusuya Lahiri, explains why analysts remain bullish on Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) despite the tech giant pausing major data center expansions amid concerns of AI overcapacity.
<a href="https://www.benzinga.com/analyst-ratings/upgrades/25/03/44477982/carvana-analyst-says-its-time-to-buy-the-potential-amazon-of-auto-retail">"Carvana Analyst Says It's Time To Buy The Potential ‘Amazon Of Auto Retail'"</a>, by Adam Eckert, reports that Morgan Stanley analyst Adam Jonas upgraded Carvana Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>) from Equal-Weight to Overweight, raising the price target from $260 to $280, citing the company's potential to dominate auto retail akin to Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>).
For additional bullish calls of the past week, check out the following:
<a href="https://www.benzinga.com/news/earnings/25/03/44504468/concentrix-shares-pop-on-strong-q1-results-raised-revenue-guidance">Concentrix Shares Pop On Strong Q1 Results, Raised Revenue Guidance</a>
<a href="https://www.benzinga.com/trading-ideas/technicals/25/03/44517249/stock-of-the-day-will-the-move-higher-in-sysco-continue">Stock Of The Day – Will The Move Higher In Sysco Continue?</a>
<a href="https://www.benzinga.com/trading-ideas/technicals/25/03/44460563/tesla-jumps-10-on-china-fsd-optimism-tariff-easing-hopes">Tesla Jumps 10% On China FSD Optimism, Tariff Easing Hopes</a>

The Bears
<a href="https://www.benzinga.com/general/biotech/25/03/44500068/novo-nordisk-stock-sinks-to-52-week-lows-weight-loss-boom-losing-steam">"Novo Nordisk Stock Sinks To 52-Week Lows: Weight Loss Boom Losing Steam?"</a>, by Surbhi Jain, reports that Novo Nordisk A/S (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>) shares have plunged 44% year-over-year, hitting a 52-week low amid investor concerns over competition from Eli Lilly and Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>) and the company's recent $2 billion acquisition of rights to a Chinese obesity drug.
<a href="https://www.benzinga.com/trading-ideas/technicals/25/03/44513787/nike-stock-hits-52-week-lows-is-the-sneaker-king-losing-its-step">"Nike Stock Hits 52-Week Lows: Is The Sneaker King Losing Its Step?"</a>, by Surbhi Jain, shows Nike Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) tumbling to a 52-week low as slowing sales in China and rising competition challenge the global sneaker giant's dominance.
<a href="https://www.benzinga.com/25/03/44475805/homebuilders-kb-home-lennar-cut-prices-as-homebuyer-demand-has-slowed-materially">"Homebuilders KB Home, Lennar Cut Prices As Homebuyer Demand Has Slowed Materially"</a>, by Erica Kollmann, reports that KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) and Lennar Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>) are reducing home prices and offering incentives as elevated mortgage rates have significantly dampened buyer demand.
For more bearish takes, be sure to see these posts:
<a href="https://www.benzinga.com/25/03/44517020/ev-maker-mullen-automotive-to-further-cut-costs-and-slash-workforce">EV Maker Mullen Automotive To Further Cut Costs And Slash Workforce: Details</a>
<a href="https://www.benzinga.com/25/03/44465410/snow-white-disappoints-at-box-office-will-remake-hurt-disneys-marvel-magic-in-2025">‘Snow White' Disappoints At Box Office: Will Remake Hurt Disney's Marvel Magic In 2025?</a>
<a href="https://www.benzinga.com/news/offerings/25/03/44511664/why-is-teslas-chinese-rival-nio-stock-diving-today">Why Is Tesla's Chinese Rival NIO Stock Diving Today? (UPDATED)</a>

Keep up with all the latest breaking news and trading ideas by following <a href="https://twitter.com/Benzinga" target="_blank" rel="noreferrer noopener">Benzinga</a><a href="http://twitter.com/Benzinga" target="_blank" rel="noreferrer noopener"> on X</a>.
Image created using artificial intelligence via Midjourney.

CVNA

MSFT

Benzinga Bulls And Bears: Chevron, Microsoft, Nike — And Tariffs Have Automotive Sector Reeling

On Friday, March 28, 2025, Cathie Wood-led Ark Invest made substantial trades involving several prominent companies, including Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), Roblox Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>), and CoreWeave Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWV#NASDAQ">CRWV</a>)
The Robinhood Trade:&nbsp;Ark Invest&#8217;s Ark Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>) purchased a substantial 249,423 shares of&nbsp;Robinhood.
Based on the closing price of $41.92 on the day of the trade, the value of this purchase is estimated to be around $10.45 million.
The Roblox Trade:&nbsp;On the same day, Ark Invest&#8217;s ARKK and ARK Next Generation Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#NYSE">ARKW</a>) sold a combined total of 350,177 shares of&nbsp;Roblox Corp&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>).
Given the closing price of $59.07, the value of the sold shares is approximately $20.7 million.
The CoreWeave Trade: Ark Invest&#8217;s ARKW ETF also bought a significant 411,875 shares of Nvidia Corp.-backed CoreWeave Inc.
Given the closing price of $59.07, the value of the sold shares is approximately $16.47 million.
Other Key Trades:
<ul>
<li>Ark Invest&#8217;s ARKW ETF sold 224,052 shares of Genius Sports Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GENI#NYSE">GENI</a>).</li>
<li>ARKW also sold 50,666 shares of Roku Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>).</li>
<li>ARKW sold 6,625 shares of Spotify Technology SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>).</li>
<li>Ark Invest&#8217;s ARK Genomic Revolution ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKG#BATS">ARKG</a>) sold 46,940 shares of Repare Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RPTX#NASDAQ">RPTX</a>).</li>
</ul>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/03/44549941/elon-musk-to-visit-cia-for-government-efficiency-talks-after-department-of-defense">Elon Musk To Visit CIA For Government Efficiency Talks, After Department Of Defense</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Ark Invest

Equities

ETFs

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ARKW

CRWV

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RBLX

ROKU

RPTX

SPOT

Cathie Wood's Ark Invest Loads Up On Robinhood, Nvidia-Backed CoreWeave: Offloads Spotify, Roku

Vice President JD Vance&nbsp;has raised concerns over Denmark&#8217;s ability to protect Greenland, suggesting that the U.S. could provide better security for the region.
What Happened: Vance made these remarks during a visit to the&nbsp;U.S. military base at Pituffik&nbsp;in Greenland, emphasizing the strategic importance of the Arctic territory, according to a Reuters report.
"Denmark has not kept pace and devoted the resources necessary to keep this base, to keep our troops, and in my view, to keep the people of Greenland safe from a lot of very aggressive incursions from Russia, from China and other nations," Vance said.
Vance stated that while there are no immediate plans to increase the U.S. military presence in Greenland, the U.S. intends to invest in resources like naval ships.
He stressed the importance of respecting Greenland&#8217;s sovereignty but suggested that a partnership with the U.S. could be beneficial.
"We can make them much more secure. We could do a lot more protection. And I think they'd fare a lot better economically as well."
See Also: <a href="https://www.benzinga.com/25/03/44508234/ontario-premier-doug-ford-supports-retaliatory-tariffs-amid-us-auto-levy-inflict-as-much-pain-as-possible">Ontario Premier Doug Ford Supports Retaliatory Tariffs Amid US Auto Levy: &#8216;Inflict As Much Pain As Possible&#8217;</a>
Vance accused Denmark of not allocating sufficient resources to protect Greenland from potential threats posed by countries like Russia and China. However, he did not provide specific details on these threats.
His comments were met with criticism from the Danish prime minister, who labeled them as unfair.
Danish&nbsp;Foreign Minister Lars Lokke Rasmussen&nbsp;acknowledged some shortcomings but noted that the U.S. had reduced its military presence in Greenland since the Cold War.
Why It Matters: The strategic importance of Greenland has been a topic of international discussion, particularly in light of&nbsp;<a href="https://www.benzinga.com/25/03/44532485/putin-alarms-about-trumps-serious-plans-to-annex-greenland-these-plans-have-long-standing-historical-roots">President Trump&#8217;s interest</a>&nbsp;in acquiring the territory.
Russian President Vladimir Putin <a href="https://www.benzinga.com/25/03/44532485/putin-alarms-about-trumps-serious-plans-to-annex-greenland-these-plans-have-long-standing-historical-roots">has voiced concerns</a> over the U.S.&#8217;s intentions, suggesting that the Arctic could become a potential conflict zone. This underscores the geopolitical significance of Greenland in global security dynamics.
Furthermore,&nbsp;<a href="https://www.benzinga.com/news/25/01/43160471/greenland-mining-minister-warns-trumps-rhetoric-could-be-devastating-for-investors">Greenland&#8217;s mining sector</a>&nbsp;has also been affected by Trump&#8217;s rhetoric, with investors expressing concerns over the stability of the region. The uncertainty surrounding Greenland&#8217;s future has raised red flags for potential investors, impacting its economic prospects.
Trump&#8217;s statements about not ruling out military force to acquire Greenland have further fueled tensions, as highlighted in a&nbsp;<a href="https://www.benzinga.com/news/global/25/01/42864556/trump-does-not-rule-out-military-force-to-acquire-panama-canal-greenland-we-need-them-for-economic-security">press conference</a>&nbsp;earlier this year.
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<li><a href="https://www.benzinga.com/general/space/25/03/44509379/boeing-lockheeds-vulcan-rocket-aimed-to-rival-spacexs-falcon-9-cleared-for-us-security-missions">Boeing-Lockheed&#8217;s Vulcan Rocket Aimed To Rival SpaceX&#8217;s Falcon 9 Cleared For US Security Missions</a></li>
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Global

JD Vance Slams Denmark For Not Keeping Greenland Safe From Russian, Chinese Incursions: 'We Can Make Them Much More Secure'

A recent data breach at&nbsp;Oracle Health&nbsp;has compromised sensitive patient information from multiple U.S. hospitals. The breach, involving legacy servers not yet migrated to Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) Cloud, was discovered in February.
What Happened:&nbsp;Oracle Health, formerly known as Cerner, provides&nbsp;Electronic Health Records (EHR) and&nbsp;business systems for healthcare organizations.
The breach occurred when a threat actor accessed servers using compromised credentials&nbsp;after Jan. 22, 2025, and&nbsp;transferred data to a remote location. This data potentially included patient records, according <a href="https://www.bleepingcomputer.com/news/security/oracle-health-breach-compromises-patient-data-at-us-hospitals/">to</a> a BleepingComputer report.
Although Oracle Health has not publicly acknowledged the breach, they have informed affected customers through private communications.
The company has stated it will assist in identifying impacted individuals and provide notification templates, but it is up to the hospitals to determine if HIPAA laws require patient notifications.
See Also: <a href="https://www.benzinga.com/25/03/44508234/ontario-premier-doug-ford-supports-retaliatory-tariffs-amid-us-auto-levy-inflict-as-much-pain-as-possible">Ontario Premier Doug Ford Supports Retaliatory Tariffs Amid US Auto Levy: &#8216;Inflict As Much Pain As Possible&#8217;</a>
The report adds that Oracle Health&#8217;s communication regarding the breach has been criticized for lacking transparency.
Notifications were not on official letterhead, and customers were directed to communicate with the Chief Information Security Office by phone only.
Oracle Health has agreed to&nbsp;cover credit monitoring costs but will not send notifications on behalf of hospitals.
Oracle did not immediately respond to <a href="https://pro.benzinga.com/dashboard">Benzinga's</a> request for comment.
Why It Matters: This breach at Oracle Health is part of a broader trend of increasing cyberattacks targeting sensitive data.
In April,&nbsp;<a href="https://www.benzinga.com/news/legal/24/08/40228120/personal-data-of-almost-3-billion-people-revealed-in-hack-lawsuit-filed">a massive data breach</a>&nbsp;exposed personal information of nearly 3 billion individuals, leading to a class action lawsuit.
Similarly, in February 2024,&nbsp;<a href="https://www.benzinga.com/tech/25/02/43759346/massive-data-breach-exposes-americans-financial-details-names-card-numbers-pins-and-more-at-risk">NorthBay Healthcare Corporation</a>&nbsp;experienced a breach that exposed the personal, medical, and financial records of over 569,000 Americans.
The breach at Oracle Health underscores the critical need for robust cybersecurity measures, especially as healthcare organizations increasingly rely on digital systems for storing sensitive patient information.
Read Next:
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<li><a href="https://www.benzinga.com/general/space/25/03/44509379/boeing-lockheeds-vulcan-rocket-aimed-to-rival-spacexs-falcon-9-cleared-for-us-security-missions">Boeing-Lockheed&#8217;s Vulcan Rocket Aimed To Rival SpaceX&#8217;s Falcon 9 Cleared For US Security Missions</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Health Care

ORCL

Oracle Health Data Breach Exposes Patient Information At US Hospitals

Elon Musk, a key advisor to President Donald Trump, is set to meet with CIA Director John Ratcliffe on Monday. The meeting will focus on enhancing government efficiency.
What Happened:&nbsp;The visit comes amid significant workforce reductions within the federal government,&nbsp;overseen by Musk and his&nbsp;Department of Government Efficiency. The CIA has recently terminated several new hires as part of these reductions, according to a Reuters report.
Earlier, Musk&nbsp;visited the Department of Defense,&nbsp;where his companies hold numerous contracts. During this visit, he met with Defense Secretary&nbsp;Pete Hegseth.
A previous report said that Musk would receive a briefing&nbsp;on secret war plans for&nbsp;China, a claim that both Trump and Musk have refuted.
Musk labeled the report as &#8220;pure propaganda&#8221; and called for legal action against those responsible for the leaks.
See Also: <a href="https://www.benzinga.com/25/03/44508234/ontario-premier-doug-ford-supports-retaliatory-tariffs-amid-us-auto-levy-inflict-as-much-pain-as-possible">Ontario Premier Doug Ford Supports Retaliatory Tariffs Amid US Auto Levy: &#8216;Inflict As Much Pain As Possible&#8217;</a>
Why It Matters: Musk&#8217;s role in the federal workforce reduction aligns with <a href="https://www.benzinga.com/markets/equities/25/03/44533305/elon-musk-says-were-going-to-go-after-people-behind-tesla-vandalism-the-presidents-made-it-clear">his previous statements</a> about targeting those spreading misinformation about Tesla Inc. He emphasized that the real villains are those pushing propaganda against the company.
Meanwhile,&nbsp;President Trump&nbsp;has been involved in other significant appointments, such as nominating&nbsp;<a href="https://www.benzinga.com/politics/25/03/44482110/musks-doge-vs-ssa-trumps-nominee-frank-bisignano-tackles-social-security-crisis-amid-privatization-debate">Frank Bisignano</a>&nbsp;to lead the Social Security Administration.
Bisignano, known for his crisis management skills, faced scrutiny over potential privatization during a Senate hearing.
Additionally, <a href="https://www.benzinga.com/news/25/03/44448709/elon-musk-warns-pentagon-leakers-following-expose-on-alleged-secret-china-war-briefing-they-will-be-found">Musk&#8217;s recent warning</a> to Pentagon leakers, following an exposé on alleged secret China war briefings, underscores the tension surrounding national security and information leaks. Both Trump and Pentagon officials have denied any discussions about China, dismissing media reports as falsehoods.
In a related development,&nbsp;Mark Cuban&nbsp;<a href="https://www.benzinga.com/tech/25/03/44433297/mark-cuban-says-he-supports-cutting-government-costs-but-hits-out-at-doge-i-would-have-a-plan-ready-fire-aim-is-not-a-plan">has expressed support</a> for reducing government costs but criticized Musk&#8217;s drastic cuts under the Department of Government Efficiency. Cuban&#8217;s stance highlights the ongoing debate over the balance between efficiency and maintaining essential government functions.
Read Next:
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<li><a href="https://www.benzinga.com/general/space/25/03/44509379/boeing-lockheeds-vulcan-rocket-aimed-to-rival-spacexs-falcon-9-cleared-for-us-security-missions">Boeing-Lockheed&#8217;s Vulcan Rocket Aimed To Rival SpaceX&#8217;s Falcon 9 Cleared For US Security Missions</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Elon Musk To Visit CIA For Government Efficiency Talks, After Department Of Defense

President Donald Trump&nbsp;and&nbsp;Canadian Prime Minister Mark Carney&nbsp;engaged in a productive dialogue on Friday. The conversation marked the first interaction between the two leaders since Carney assumed leadership of Canada&#8217;s&nbsp;ruling Liberals on March 9.
What Happened: Trump expressed optimism about future collaborations, stating on Truth Social that they would meet after Canada&#8217;s upcoming election to discuss politics, business, and other areas.
&#8220;It was an extremely productive call, we agree on many things, and will be meeting immediately after Canada&#8217;s upcoming Election to work on elements of Politics, Business, and all other factors,&#8221; Trump wrote on his social media platform Truth Social.
Despite the positive tone, Carney announced Ottawa&#8217;s plan to impose retaliatory tariffs next week.
Carney, addressing a press conference in Montreal, highlighted the cordial nature of the call and emphasized that Canada&#8217;s sovereignty was respected by Trump.
See Also: <a href="https://www.benzinga.com/25/03/44508234/ontario-premier-doug-ford-supports-retaliatory-tariffs-amid-us-auto-levy-inflict-as-much-pain-as-possible">Ontario Premier Doug Ford Supports Retaliatory Tariffs Amid US Auto Levy: &#8216;Inflict As Much Pain As Possible&#8217;</a>
He reiterated Canada&#8217;s intention to implement counter tariffs to safeguard its economy and workers following the U.S.&#8217;s planned trade actions on April 2, according to a report by Reuters.
Relations between the U.S. and Canada have been strained since Trump took office, but both leaders agreed to initiate comprehensive negotiations on&nbsp;a new economic and security&nbsp;relationship post-election.
Carney also mentioned the possibility of including Mexico in these discussions, aligning with&nbsp;the United States-Mexico-Canada free trade&nbsp;deal.
He further outlined plans for&nbsp;a C$5 billion trade diversification&nbsp;fund to reduce Canada&#8217;s economic reliance on the U.S.
Why It Matters: The backdrop to this conversation includes a series of escalating trade tensions between the U.S. and Canada.
Recently,&nbsp;<a href="https://www.benzinga.com/25/03/44506345/trump-imposes-25-tariffs-on-auto-imports-says-this-will-continue-to-spur-growth-canada-eu-slam-the-move">Trump imposed a 25% tariff on auto imports</a>, a move criticized by both Canada and the EU. This tariff, effective April 3, aims to boost domestic production but could financially strain automakers reliant on global supply chains.
In response,&nbsp;<a href="https://www.benzinga.com/markets/25/03/44488018/canada-bars-tesla-from-ev-rebates-programs-in-response-to-illegitimate-and-illegal-us-tariffs">Canada suspended</a> Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) from its EV rebate programs, citing the tariffs as illegitimate and illegal. This suspension will remain until each rebate claim is thoroughly verified.
Additionally,&nbsp;<a href="https://www.benzinga.com/25/03/44451332/canadas-pm-mark-carney-calls-for-snap-election-amid-tense-us-relations-asks-for-strong-positive-mandate-to-deal-with-president-trump">Carney called for a snap election</a>&nbsp;on April 28, seeking a strong mandate to address these trade challenges. The election announcement followed his recent assumption of office after Justin Trudeau&#8217;s resignation.
Moreover, <a href="https://www.benzinga.com/news/global/25/03/44370451/canada-re-evaluates-lockheeds-f-35-order-amid-us-trade-tensions-we-are-also-examining-other-alternatives">Canada is reconsidering</a> its order for F-35 fighter jets from&nbsp;Lockheed Martin Corp.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) due to these strained relations.
Read Next:
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<li><a href="https://www.benzinga.com/general/space/25/03/44509379/boeing-lockheeds-vulcan-rocket-aimed-to-rival-spacexs-falcon-9-cleared-for-us-security-missions">Boeing-Lockheed&#8217;s Vulcan Rocket Aimed To Rival SpaceX&#8217;s Falcon 9 Cleared For US Security Missions</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Trump Says He Had An 'Extremely Productive Call' With Canadian PM Mark Carney Amid Heightened US-Canada Tensions

Backed by companies like Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), and Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Scale AI is reportedly seeking a valuation of up to $25 billion in a new tender offer.
What Happened: Scale AI is in talks to launch a tender offer that could value the company at nearly double its <a href="https://www.benzinga.com/markets/equities/24/05/38944368/ai-startup-scale-secures-1b-from-investors-including-amd-amazon-meta-doubling-valuation-to-13-8b">previous valuation of $14 billion</a> from last year, <a href="https://www.businessinsider.com/scaleai-valuation-tender-offer-shares-2025-3">reported</a> Business Insider, citing multiple sources who have seen the deal.
The terms of the deal, where existing shares are sold by early investors or employees, are still being finalized, and the final valuation could fluctuate, the report noted.
Founded in 2016, the San Francisco-based company plays a critical role in the AI ecosystem by providing high-quality labeled data, essential for training models like OpenAI's ChatGPT.&nbsp;
However, the company is also facing scrutiny. The U.S. Department of Labor is reportedly <a href="https://in.benzinga.com/25/03/44186059/us-labor-department-probes-nvidia-amazon-backed-startup-scale-ai">investigating Scale AI's compliance</a> with the Fair Labor Standards Act, raising questions about labor practices amid its rapid growth.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It's Important: On Friday, Elon Musk also acquired his social media platform X through xAI <a href="https://www.benzinga.com/25/03/44549314/elon-musk-acquires-his-own-social-media-platform-x-through-xai-in-33-billion-deal-says-combined-entity-now-worth-80-billion">in a $33 billion deal</a>.
Last month, it was reported that Ilya Sutskever, OpenAI&#8217;s co-founder and former chief scientist, is reportedly securing over $1 billion in funding for his AI startup, Safe Superintelligence (SSI), driving its <a href="https://in.benzinga.com/tech/25/02/43772135/ex-openai-chief-scientist-ilya-sutskevers-ai-startup-valued-at-30-billion-in-latest-funding-round-report">valuation past $30 billion</a>.
SoftBank Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>) is also reportedly in discussions to lead a new funding round for OpenAI, <a href="https://www.benzinga.com/media/25/01/43374528/softbank-may-lead-openais-40-billion-funding-round-at-a-300-billion-valuation-despite-deepseek-disruption-report">aiming to raise $40 billion</a>. This investment could push the ChatGPT creator's valuation to $300 billion, marking a record for private company funding.
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>.
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<li><a href="https://www.benzinga.com/tech/25/01/43221770/apples-ipad-turns-15-today-heres-a-throwback-to-when-steve-jobs-explained-called-it-the-third-category-after-phones-and-notebooks" target="_blank" rel="noreferrer noopener">Apple's iPad Turns 15 Today: Here's A Throwback To When Steve Jobs Explained Called It The ‘Third Category' After Phones And Notebooks</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.
Photo courtesy: Shutterstock

SFTBF

SFTBY

Nvidia-Backed Scale AI Reportedly Eyes $25 Billion Valuation In Tender Offer Amid Explosive Demand For Labeled Data And Machine Learning Tools

Last week, Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) co-founder and philanthropist Bill Gates lamented the growing divide between the U.S. and China, saying it's blocking access to critical climate and technology innovations.
What Happened: In a wide-ranging interview during an Express Adda event, Gates praised China's leadership in renewable energy, artificial intelligence, and battery technology, while expressing concern that geopolitical tensions are hindering global collaboration on major challenges like climate change.
"China has been absolutely a pioneer," Gates said, noting its dominance in solar panel manufacturing, battery innovation, and AI research. "It's a real shame for the world that the U.S.-China tension means that the willingness to access those goods is quite limited."
See Also:&nbsp;<a href="https://www.benzinga.com/tech/25/03/44506409/steve-jobs-warned-34-years-ago-about-america-being-hollowed-out-by-foreign-manufacturing-a-concern-trump-now-echoes" target="_blank" rel="noreferrer noopener">Steve Jobs Warned 34 Years Ago About America Being ‘Hollowed Out' By Foreign Manufacturing — A Concern Trump Now Echoes</a>
Gates underscored the scale of China's contributions, calling the country "out in front" on critical green technologies and saying its research institutions have achieved "deep" scientific capabilities.
He pointed to electric vehicles as an area where American tariffs are impeding progress, noting, "There just won't be many Chinese EVs sold in the United States" due to high import barriers.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It's Important: Gates' comments come as the U.S. and China remain locked in strategic and economic competition, particularly around semiconductors, clean energy, and AI.
Earlier this week, the U.S. added over <a href="https://in.benzinga.com/news/global/25/03/44494896/us-adds-50-chinese-entities-to-export-restriction-list-curtailing-access-to-nvidia-amd-chips">50 Chinese entities to an</a> export restriction list, aiming to curb China&#8217;s advancements in AI and semiconductor technology. This move is part of a broader strategy to limit China&#8217;s access to cutting-edge technology from companies like NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>).
Meanwhile, China has been <a href="https://in.benzinga.com/markets/25/03/44451449/china-courts-apple-pfizer-eli-lilly-amid-us-pressure-vice-premier-says-beijing-will-continue-to-improve-the-business-environment">actively courting multinational companies</a>, including Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Eli Lilly and Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>), to improve its business environment amidst these pressures.
China is reportedly considering <a href="https://in.benzinga.com/news/global/25/03/44448798/china-ponders-export-limitations-to-quell-trumps-trade-onslaught">export restrictions</a> in response to U.S. economic actions.
Additionally, talks are ongoing about a <a href="https://in.benzinga.com/news/global/25/03/44235317/trump-xi-discuss-potential-birthday-summit-amid-rising-trade-tensions-report">possible &#8220;birthday summit&#8221; between</a> Donald Trump and Chinese President Xi Jinping in June.
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<iframe loading="lazy" title="Bill Gates Exclusive Interview on Future of Tech, AI &amp; Global Impact &#x7C; Bill Gates Latest Interview" width="500" height="281" src="https://www.youtube.com/embed/Iq1yfTbrWyw?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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Check out more of Benzinga&#8217;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>
<li><a href="https://www.benzinga.com/tech/25/03/44487688/signal-touts-gold-standard-encryption-as-trump-administration-leak-spotlight-intensifies-our-code-is-regularly-scrutinized" target="_blank" rel="noreferrer noopener">Signal Touts ‘Gold Standard' Encryption As Trump Administration Leak Spotlight Intensifies: ‘Our Code Is Regularly Scrutinized'</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

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