Eyenovia (NASDAQ:EYEN) Bolsa

Eyenovia

Eyenovia Inc is a clinical stage ophthalmic company developing a pipeline of therapeutics based on its propriety array print (MAP) platform technology. It aims to achieve clinical microdosing of next-generation formulations of novel and existing ophthalmic pharmaceutical agents using its high-precision targeted ocular delivery system, branded the Opejet, which has the potential to replace conventional eye dropper delivery and improve safety, tolerability, patient compliance and topical delivery success for ophthalmic eye treatments. Using its proprietary delivery technology, Eyenovia is developing the next generation of smart ophthalmic therapies which target new indications or new combinations.

Eyenovia Inc

News

RKLB

Reported Earlier, Rocket Lab Successfully Completes Deployment Of Kinéis' 25-Satellite IoT Constellation In Under One Year

SoftBank Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>) has signed an agreement with Perplexity to become an authorized reseller of Perplexity Enterprise Pro, leveraging its 7,000-member sales team to accelerate adoption across Japanese corporations.
What Happened: Perplexity CEO Aravind Srinivas announced the partnership Monday on X, noting that SoftBank&#8217;s decision followed internal adoption and evaluation against competing tools. This distribution agreement makes SoftBank the first authorized reseller of Perplexity Enterprise Pro and marks a significant milestone in Perplexity&#8217;s international expansion strategy.
&#8220;This partnership with SoftBank represents a key step in our global expansion strategy,&#8221; Perplexity stated in a blog post announcing the collaboration. The agreement builds upon an existing alliance between Perplexity, SoftBank, Y!Mobile, and LINEMO that began in June 2024.
Before offering Enterprise Pro to corporate clients, SoftBank implemented the solution across its internal teams over a six-month validation period. 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Softbank has signed an agreement with Perplexity to be an authorized reseller of Perplexity Enterprise Pro and deploy their 7,000-member sales team to scale Perplexity&#39;s adoption in Japan. This comes after internally adopting Perplexity and evaluating it against other tools. &#x1f1ef;&#x1f1f5; <a href="https://t.co/uY9gMEj4d6">pic.twitter.com/uY9gMEj4d6</a>
&mdash; Aravind Srinivas (@AravSrinivas) <a href="https://twitter.com/AravSrinivas/status/1901763358019482076?ref_src=twsrc%5Etfw">March 17, 2025</a></blockquote>
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See Also: <a href="https://www.benzinga.com/markets/equities/25/03/44369830/jim-chanos-slams-palantir-management-for-continuing-to-ridicule-skeptics-while-executives-sell-328-million-worth-of-stock">Jim Chanos Slams Palantir Management For Continuing To &#8216;Ridicule&#8217; Skeptics While Executives Sell $328 Million Worth Of Stock</a>
Why It Matters: The partnership emerges amid SoftBank&#8217;s aggressive AI infrastructure expansion. Last week, SoftBank announced plans to acquire Sharp Corp&#8216;s LCD factory in Osaka Prefecture for approximately $676 million to develop a large-scale AI data center <a href="https://www.benzinga.com/media/25/03/44327422/softbank-to-build-676-million-ai-data-center-in-japan-linked-to-openai-partnership">with a 150-megawatt capacity by 2026</a>, supporting its strategic partnership with OpenAI.
SoftBank is reportedly negotiating a potential investment of $15-25 billion in OpenAI, which would make it the <a href="https://www.benzinga.com/25/03/44188361/nvidia-powers-openai-and-oracles-100-billion-stargate-first-ai-data-center-set-to-launch-in-texas">largest investor in the ChatGPT creator</a>, surpassing Microsoft Corp.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) $14 billion stake. The Japanese conglomerate is also participating in Project Stargate, a $500 billion joint venture with OpenAI and Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) announced by President Donald Trump in January.
By implementing Perplexity Enterprise Pro, Japanese corporations will join over 7,000 organizations currently using the platform, including NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Databricks, Stripe, Zoom, and Snowflake, collectively executing nearly 20 million queries daily.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/03/44212672/jamie-dimon-cashed-out-234-million-in-jpmorgan-stock-warren-buffett-stockpiled-334-billion-in-cash-weeks-later-markets-crashed-coincidence" target="_blank" rel="noreferrer noopener">Jamie Dimon Cashed Out $234 Million In JPMorgan Stock, Warren Buffett Stockpiled $334 Billion In Cash — Weeks Later, Markets Crashed. Coincidence?</a></li>
</ul>
Image Via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

Short Sellers

Markets

Tech

MSFT

NVDA

ORCL

SFTBY

SoftBank Signs Agreement To Resell Perplexity Enterprise Pro, Deploying 7,000 Sales Members To Drive Adoption

In connection with the offering, Entergy entered into forward sale agreements with each of Morgan Stanley &amp; Co. LLC, Bank of America, N.A., JPMorgan Chase Bank, National Association and Mizuho Markets Americas LLC (with Mizuho Securities USA LLC acting as agent) (the "forward counterparties") under which Entergy agreed to issue and sell to the forward counterparties an aggregate of 15,568,863 shares of its common stock. In addition, the underwriters of the offering have been granted a 30-day option to purchase up to an additional 2,335,328 shares of Entergy's common stock upon the same terms, solely to cover any over-allotments. If the underwriters exercise their over-allotment option, Entergy expects to enter into additional forward sale agreements with the forward counterparties with respect to the additional shares.

Reported Earlier, Entergy Prices $1.3B Offering Of 15,568,863 Common Shares At $83.50 Per Share With Forward Sale Agreements

Buybacks

Embraer-Empresa Brasileira De Aeronautica

Reported Earlier, Embraer Announces Share Buyback Program For Up To 1.07M Shares Through March 2026

The whale who made heads turn with their overleveraged short bet on Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) has now opened a position worth $517 million, its highest ever.
What Happened: The investor placed its largest short ever on Bitcoin, amounting to 6,211 BTC, worth nearly $517 million, according to on-chain tracker Spot On Chain. 
The position was opened at an <a href="https://in.benzinga.com/markets/cryptocurrency/25/03/44348215/bitcoin-whale-takes-332-million-short-position-heres-where-it-gets-liquidated">entry price of $83,898</a> on decentralized perpetual trading platform Hyperliquid, and the trader was sitting on an unrealized profit of $5.95 million as of this writing. Should Bitcoin hit $85,557, which is just 2.9% away from the current price, the entire position will be wiped out.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Update: The &quot;50x ETH&quot; whale is now in its biggest short ever—6,211 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> ($517M)! • Entry price: $83,898 • Margin: $17.8M bridged to <a href="https://twitter.com/hashtag/Hyperliquid?src=hash&amp;ref_src=twsrc%5Etfw">#Hyperliquid</a> over 3 days, now fully allocated to this position • Liquidation price: $85,559 • Unrealized profit: $4.54M Meanwhile, the whale… <a href="https://t.co/sZHkKIXMAu">https://t.co/sZHkKIXMAu</a> <a href="https://t.co/8IjPQDxhTK">pic.twitter.com/8IjPQDxhTK</a>
&mdash; Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1901811828407361834?ref_src=twsrc%5Etfw">March 18, 2025</a></blockquote>
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The high-risk strategy attracted reactions from the cryptocurrency community.
Widely followed market commentator That Martini Guy ₿ argued that the whale is aware that its trades and liquidation price are visible and that people would buy BTC to liquidate it.
&#8220;I would expect he has a much larger long position on the exchanges that you can&#8217;t see,&#8221; the analyst added. &#8220;Whales aren't dumb.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The huge whale that keeps trading on Hyperliquid knows you can see his trades and liquidation price He knows a bunch of people will buy to try and liquidate him I would expect he has a much larger long position on the exchanges that you cant see Whales arn't dumb.
&mdash; That Martini Guy ₿ (@MartiniGuyYT) <a href="https://twitter.com/MartiniGuyYT/status/1901710524733173975?ref_src=twsrc%5Etfw">March 17, 2025</a></blockquote>
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Why It Matters: This high-stakes gamble comes even as Bitcoin <a href="https://www.benzinga.com/25/03/44368801/bitcoin-ethereum-dogecoin-mirror-stocks-gains-analyst-explains-why-btcs-open-interest-decline-is-important-for-bullish-continuation">rose to an intraday high of $84,700</a> Monday before retreating to the $83,000 zone due to profit-taking. 
About $182 million was liquidated from the cryptocurrency market in the last 24 hours, with short positions accounting for more than 50%, <a href="https://www.coinglass.com/LiquidationData">according</a> to Coinglass.
Given these trends, the whale&#8217;s record short position is a bold move that could have significant implications for the cryptocurrency market.
Price Action: At the time of writing, Bitcoin was exchanging hands at $83,085.48, down 0.59% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.
Benzinga Note: Leverage trading allows cryptocurrency traders to open larger positions using borrowed capital. While it can potentially amplify profits, it also significantly increases the risk of substantial losses due to the volatile nature of the cryptocurrencies.
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

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

Cryptocurrency

$BTC

Record-Breaking $517 Million Bitcoin Short Placed By Influential Whale—Analyst Says The Investor Isn't Dumb

McEwen Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MUX#NYSE">MUX</a>) reported quarterly losses of $(0.86) per share. This is a 174.14 percent decrease over earnings of $1.16 per share from the same period last year. The company reported $174.50 million in sales this quarter. This is a 4.99 percent increase over sales of $166.20 million the same period last year.

Earnings

McEwen Mining FY 2024 GAAP EPS $(0.86) Down From $1.16 YoY, Sales $174.50M Up From $166.20M YoY

HIVE

HIVE Digital Eyes 3% Global Network Share By September 2025 With 200 MW Hydro-Powered Paraguay Facility

FINV

FinVolution's 2024 Surge: $1.8B Revenue, $28B In Loans, And A Bold AI-Driven Vision For Global Financial Access

On The Late Show with Stephen Colbert, LinkedIn co-founder and tech entrepreneur Reid Hoffman voiced concern about Elon Musk's growing influence over <a href="https://in.benzinga.com/news/25/02/43426165/elon-musks-daily-4-billion-doge-target-will-lead-to-30-cut-in-federal-spending-says-economist-jason-furman">U.S. government operations</a>, warning that treating public service like a startup could come with serious consequences.
What Happened: Hoffman appeared on the show earlier this month to discuss his new book, "Superagency: What Could Possibly Go Right With Our AI Future."&nbsp;
The conversation took a more political turn when Colbert asked about Musk's prominent role in government through the Department of Government Efficiency, or DOGE.
"Government and companies are not the same," Hoffman said to applause from the audience. "The way that you run government shouldn't be the same as running companies."
See Also:&nbsp;<a href="https://in.benzinga.com/news/25/03/44312626/sam-altman-warns-ai-will-be-deflationary-but-says-openais-biggest-constraint-isnt-data-or-demand-its" target="_blank" rel="noreferrer noopener">Sam Altman Warns AI Will Be Deflationary, But Says OpenAI's Biggest Constraint Isn't Data Or Demand, It's GPUs</a>
Hoffman, who praised innovation and entrepreneurship throughout the segment, made it clear that while he believes in private-sector efficiency, he draws a sharp line between business tactics and democratic governance.&nbsp;
"We want government efficiency," he added, "but obviously we can do it in a much less cruel and much more lawful manner."
During their wide-ranging discussion, Hoffman and Colbert also touched on the future of AI, the creative power of AI tools like ChatGPT, China's fast-moving AI developments including DeepSeek, and Hoffman's own AI clone that can deliver speeches in multiple languages.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">COLBERT: "You know Elon. Should we trust what&#39;s going on?" HOFFMAN: "We want government efficiency. But we could do it in a much less cruel, and much more lawful manner." <a href="https://t.co/OmAIeAObw7">pic.twitter.com/OmAIeAObw7</a>
&mdash; Chief Nerd (@TheChiefNerd) <a href="https://twitter.com/TheChiefNerd/status/1901091219557556278?ref_src=twsrc%5Etfw">March 16, 2025</a></blockquote>
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Why It's Important: Musk <a href="https://in.benzinga.com/markets/25/02/43690690/elon-musk-urges-trump-to-delete-entire-agencies-as-doge-lead-calls-for-radical-us-spending-cuts-remove-the-roots-of-the-weeds">currently leads DOGE</a>, a controversial advisory body created by executive order under President Donald Trump to cut government spending and reduce the federal workforce.
Though not an official agency, DOGE has been given <a href="https://in.benzinga.com/news/25/03/44143475/trumps-u-s-doge-service-claims-65b-in-savings-experts-call-it-smoke-and-mirrors-amid-resignations">access to federal departments</a>. The department reportedly saved $65 billion, but experts have dismissed these claims as "<a href="https://in.benzinga.com/news/25/03/44143475/trumps-u-s-doge-service-claims-65b-in-savings-experts-call-it-smoke-and-mirrors-amid-resignations">smoke and mirrors</a>" amid a surge in resignations.
While some Americans support cost-cutting efforts, critics warn that Musk's approach undermines government transparency and institutional checks. DOGE has already faced <a href="https://in.benzinga.com/news/25/02/43578729/court-halts-musks-doge-squad-from-gaining-access-to-treasury-payment-systems-a-risk-of-irreparable-harm">legal challenges</a> and allegations of ideological targeting.
Previously, Apple co-founder Steve Wozniak also criticized DOGE for its broad <a href="https://in.benzinga.com/25/03/44160018/apple-co-founder-steve-wozniak-blasts-doges-mass-firings-says-musk-led-cuts-are-like-using-a-sledgehammer-instead-of-a-scalpel">approach to mass layoffs</a>.
Photo: iQoncept via Shutterstock
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
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<li><a href="https://in.benzinga.com/markets/equities/25/03/44240048/openai-secures-near-12-billion-coreweave-deal-taking-stake-in-cloud-firm-ahead-of-35-billion-ipo-to-reportedly-reduce-microsoft-dependence" target="_blank" rel="noreferrer noopener">OpenAI Secures Near-$12 Billion CoreWeave Deal, Taking Stake In Cloud Firm Ahead Of $35 Billion IPO To Reportedly Reduce Microsoft Dependence</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

LinkedIn Co-Founder Reid Hoffman Pours Cold Water On Elon Musk's DOGE Moves: 'Government And Companies Are Not The Same'

Renowned short-seller Jim Chanos has taken aim at Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) executives for what he perceives as hypocrisy in their public messaging versus private actions.
What Happened: &#8220;Palantir management continues to ridicule the skeptics on their stock price&#8230;while they keep selling material amounts of shares,&#8221; Chanos wrote on X, responding to news of significant insider selling.
Stephen Cohen, Palantir&#8217;s President, and Co-founder executed a substantial stock sale between Mar. 12-17, divesting 4.06 million shares worth approximately $328 million, according to The U.S. Securities and Exchange Commission filings.
The data analytics company, known for its software used by intelligence agencies and commercial clients, has drawn investor attention due to these large transactions, particularly given its premium valuation metrics. 
Palantir currently trades at a price-to-earnings ratio of 463, while the stock has declined nearly 30% over the past month, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24PLTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PLTR</a> management continues to ridicule the skeptics on their stock price…while they keep selling material amounts of shares. <a href="https://t.co/mMpPtPq24K">https://t.co/mMpPtPq24K</a>
&mdash; James Chanos (@RealJimChanos) <a href="https://twitter.com/RealJimChanos/status/1901751581017612695?ref_src=twsrc%5Etfw">March 17, 2025</a></blockquote>
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See Also: <a href="https://www.benzinga.com/media/25/03/44368717/chinas-deepseek-sparks-national-security-alarm-do-not-download-view-access-any-applications">China&#8217;s DeepSeek Sparks National Security Alarm: &#8216;Do Not Download, View, Access Any Applications&#8230;&#8217;</a>
Why It Matters: This criticism comes amid a broader market debate about Palantir&#8217;s growth prospects. Martin Shkreli, the controversial former hedge fund manager, recently questioned but ultimately defended Palantir&#8217;s projections. Shkreli challenged the common analysis that <a href="https://in.benzinga.com/markets/equities/25/03/44294672/palantirs-4-million-arpc-estimate-flawed-says-pharma-bro-martin-shkreli-but-i-wouldnt-bet-against-them">only about 20,000 companies</a> can afford Palantir&#8217;s $4 million data analytics suite, arguing that the software might generate positive returns regardless of budget constraints, and that per-seat pricing could expand market reach.
Despite these discussions, Palantir has <a href="https://www.benzinga.com/markets/equities/25/03/44212796/palantir-joins-sp-100-after-ai-driven-rally-stock-surges-almost-60-since-trump-victory">performed well since November</a>, surging over 55% following President Donald Trump&#8216;s election victory. The company was recently added to the S&amp;P 100 index, replacing Dow Inc., effective Mar. 24.
Recent <a href="https://www.benzinga.com/quote/PLTR/analyst-ratings">analyst price targets</a> from Wedbush Securities, Loop Capital, and Citigroup average $123.67, suggesting a 46% upside potential from current levels, despite Shkreli&#8217;s acknowledgment of competitive threats from Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>), Databricks, and AI startups.
<figure class="wp-block-image aligncenter size-full is-resized"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/18010717/Screenshot-2025-03-18-at-10.36.32%E2%80%AFAM.png" alt="" class="wp-image-828614" style="width:606px;height:auto" /></figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/03/44212672/jamie-dimon-cashed-out-234-million-in-jpmorgan-stock-warren-buffett-stockpiled-334-billion-in-cash-weeks-later-markets-crashed-coincidence" target="_blank" rel="noreferrer noopener">Jamie Dimon Cashed Out $234 Million In JPMorgan Stock, Warren Buffett Stockpiled $334 Billion In Cash — Weeks Later, Markets Crashed. Coincidence?</a></li>
</ul>
Image Via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

PLTR

SNOW

Jim Chanos Slams Palantir Management For Continuing To 'Ridicule' Skeptics While Executives Sell $328 Million Worth Of Stock

Changpeng Zhao, the founder of the world's biggest cryptocurrency exchange Binance (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/bnb/usd">BNB</a>), advised artificial intelligence agent services to focus on utility rather than launching their own coins on Monday.
What Happened: Zhao, popularly known as CZ, posted his &#8220;unpopular opinion&#8221; on AI agents and their connection to the cryptocurrency world. 
&#8220;While crypto is the currency&nbsp;for AI, not every agent&nbsp;needs its own token,&#8221; CZ stated. &#8220;Launch a coin only if you have scale. Focus on utility, not tokens.&#8221;
Binance&#8217;s former CEO added that agents can utilize existing cryptocurrencies to get paid for the services they provide.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">On AI agents, I have an unpopular opinion: While crypto is the currency for AI, not every agent needs its own token. Agents can take fees in an existing crypto for providing a service. Launch a coin only if you have scale. Focus on utility, not tokens.&#x1f64f;
&mdash; CZ &#x1f536; BNB (@cz_binance) <a href="https://twitter.com/cz_binance/status/1901542080649781487?ref_src=twsrc%5Etfw">March 17, 2025</a></blockquote>
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CZ&#8217;s remarks invited reactions, with influential cryptocurrency analyst Benjamin Cowen presenting the same argument, although this time about cryptocurrency exchanges collecting fees in existing tokens rather than launching their own tokens. The retort appeared to be directed at Binance&#8217;s exchange token, BNB.
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44363340/crypto-leaders-step-up-pressure-on-sec-as-trumps-policies-reshape-regulatory-landscape">Crypto Leaders Step Up Pressure On SEC As Trump&#8217;s Policies Reshape Regulatory Landscape</a>
Why It Matters: Zhao&#8217;s viewpoint comes at a time when the AI agent cryptocurrency market is experiencing significant contraction.
According to Coingecko, the market cap of AI agent coins has <a href="https://www.coingecko.com/en/categories/artificial-intelligence#key-stats">plunged</a> 67% year-to-date, while its share in the AI market has shrunk from 67% to 45.52% as of this writing. Key AI agent coins such as Artificial Super Intelligence (FET) and ai16z (AI16Z) have fallen 60% and 88%, respectively, since 2025 began.
It&#8217;s worth noting that the AI agent bot market is expanding, with these virtual agents becoming increasingly adept at problem-solving. Additionally, the <a href="https://in.benzinga.com/markets/cryptocurrency/25/02/43946285/ai-market-growth-this-niche-will-expand-44-by-2030-while-web3-ai-skyrockets-89-7">Web3 AI sector</a> is projected to grow by a staggering 89.7%, outpacing the overall AI market&#8217;s 44% growth by 2030.
Photo: Koshiro Kao via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44363871/peter-schiff-slams-bitcoin-etfs-calls-selling-gold-for-btc-worst-timed-trade-in-history">Peter Schiff Slams Bitcoin ETFs, Calls Selling Gold For BTC &#8216;Worst-Timed Trade In History&#8217;</a></li>
</ul>

$BNB

Changpeng 'CZ' Zhao Says He Has An 'Unpopular Opinion' On Using Crypto For AI Fees: 'Not Every Agent Needs Its Own Token'

A new study suggests artificial intelligence has officially passed the meme Turing Test, with large language models now generating memes rated funnier than those created by the average human.
What Happened: Ethan Mollick, a professor at the Wharton School of the University of Pennsylvania, posted on X Monday, declaring, "I regret to announce that the meme Turing Test has been passed."
"LLMs produce funnier memes than the average human, as judged by humans," he said, adding, "Humans working with AI get no boost… The best human memers still beat AI, however."
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I regret to announce that the meme Turing Test has been passed. LLMs produce funnier memes than the average human, as judged by humans. Humans working with AI get no boost (a finding that is coming up often in AI-creativity work) The best human memers still beat AI, however. <a href="https://t.co/O0sl5GRQNd">pic.twitter.com/O0sl5GRQNd</a>
&mdash; Ethan Mollick (@emollick) <a href="https://twitter.com/emollick/status/1901431681279475808?ref_src=twsrc%5Etfw">March 17, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://in.benzinga.com/news/25/03/44312626/sam-altman-warns-ai-will-be-deflationary-but-says-openais-biggest-constraint-isnt-data-or-demand-its">Sam Altman Warns AI Will Be Deflationary, But Says OpenAI&#8217;s Biggest Constraint Isn&#8217;t Data Or Demand, It&#8217;s GPUs</a>
Mollick referenced a research paper titled "One Does Not Simply Meme Alone: Evaluating Co-Creativity Between LLMs and Humans in the Generation of Humor," authored by Zhikun Wu, Thomas Weber, and Florian Müller.
The study explored how humans and AI collaborate to generate memes, comparing the results of three groups: human-only, human-AI collaboration, and AI-only.
Using meme templates and predefined topics like work, food, and sports, participants generated captions during a timed ideation phase. AI-generated memes, created entirely by GPT-4, were then evaluated against those from the other groups based on humor, creativity, and shareability.
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.
The results showed that AI-only memes were consistently rated higher than human-only memes in all categories. While human-AI collaborations produced more ideas, the quality didn't improve significantly.
Notably, the best human-created memes still outperformed AI in humor.
Why It's Important: The findings underscore AI&#8217;s growing ability to replicate—and even surpass—certain aspects of human creativity, particularly in cultural and humor-driven content like memes.
While AI boosts productivity and reduces creative workload, it doesn't always enhance quality when paired with humans.
Image via Shutterstock
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:
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<li><a href="https://in.benzinga.com/markets/equities/25/03/44240048/openai-secures-near-12-billion-coreweave-deal-taking-stake-in-cloud-firm-ahead-of-35-billion-ipo-to-reportedly-reduce-microsoft-dependence">OpenAI Secures Near-$12 Billion CoreWeave Deal, Taking Stake In Cloud Firm Ahead Of $35 Billion IPO To Reportedly Reduce Microsoft Dependence</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

AI Just Passed The Meme Turing Test? Study Finds LLMs Now Create Funnier Memes Than Most Humans

Shares of Japan&#8217;s five major trading houses soared on Tuesday on the Tokyo exchange after Warren Buffett&#8216;s Berkshire Hathaway Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) <a href="https://in.benzinga.com/markets/25/03/44353719/warren-buffets-berkshire-hathaway-boosts-stake-in-japans-top-trading-firms">increased its stakes in the companies</a>.
What Happened: National Indemnity, a wholly owned unit of Berkshire Hathaway, disclosed in filings with Japan&#8217;s securities regulator that it had raised its stake in Mitsubishi from 8.31% to 9.67% and in Mitsui from 8.09% to 9.82%. Berkshire also increased holdings in Itochu, Marubeni, and Sumitomo by approximately one percentage point each.
Japan&#8217;s Trading Firms Surge as Berkshire Hathaway Increases Stakes: 
<figure class="wp-block-table"> 
<table>
<thead>
<tr>
<th>Company (Ticker)</th>
<th>% Change</th>
<th>Price (JPY)</th>
<th>Price (USD)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Mitsui &amp; Co Ltd (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MITSY#OTC">MITSY</a>)</td>
<td>+4.64%</td>
<td>2,934 JPY</td>
<td>$19.61</td>
</tr>
<tr>
<td>Marubeni Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MARUY#OTC">MARUY</a>)</td>
<td>+4.26%</td>
<td>2,543 JPY</td>
<td>$17.00</td>
</tr>
<tr>
<td>Mitsubishi Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MSBHF#OTC">MSBHF</a>)</td>
<td>+4.08%</td>
<td>2,754 JPY</td>
<td>$18.41</td>
</tr>
<tr>
<td>Itochu Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ITOCY#OTC">ITOCY</a>)</td>
<td>+3.87%</td>
<td>7,216 JPY</td>
<td>$48.23</td>
</tr>
<tr>
<td>Sumitomo Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSUMY#OTC">SSUMY</a>)</td>
<td>+3.68%</td>
<td>3,637 JPY</td>
<td>$24.31</td>
</tr>
</tbody>
</table>
</figure>
The increased investments follow Berkshire&#8217;s recent negotiations to &#8220;moderately relax&#8221; the previously agreed 10% investment cap, though none of the holdings has <a href="https://in.benzinga.com/markets/25/03/44353719/warren-buffets-berkshire-hathaway-boosts-stake-in-japans-top-trading-firms">exceeded this threshold</a>.
See Also: <a href="https://www.benzinga.com/markets/equities/25/03/44369228/byd-unveils-5-minute-ev-charging-breakthrough-strengthening-edge-over-tesla-stock-spikes-4">BYD Unveils 5-Minute EV Charging Breakthrough, Strengthening Edge Over Tesla— Stock Spikes 4%</a>
Why It Matters: These trading firms are vital to Japan&#8217;s economy, importing essential raw materials including oil, gas, and metals while supporting the country&#8217;s machinery export, automobile, and electronics sectors.
Buffett, often called the &#8220;Oracle of Omaha,&#8221; first disclosed investments in these trading houses in 2020. In his annual shareholder letter last month, he highlighted his increasing appreciation for the companies. By the end of 2024, the market value of Berkshire&#8217;s Japan holdings had risen to $23.5 billion.
While expanding its Japanese investments, Berkshire has accumulated a record cash reserve of $334.2 billion after <a href="https://www.benzinga.com/markets/equities/25/03/44212672/jamie-dimon-cashed-out-234-million-in-jpmorgan-stock-warren-buffett-stockpiled-334-billion-in-cash-weeks-later-markets-crashed-coincidence">selling off equities more broadly</a>.
Read Next: 
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<li><a href="https://www.benzinga.com/tech/25/03/44368525/joe-rogan-once-talked-about-the-two-billionaires-he-really-loves-he-called-elon-musk-a-nomad-and-jeff-bezos-a-yacht-king-what-these-two-tech-titans-own-reveals-a-very-inte">Joe Rogan Once Talked About The Two Billionaires He &#8216;Really&#8217; Loves, He Called Elon Musk A Nomad And Jeff Bezos A Yacht King — What These Two Tech Titans Own Reveals A Very Interesting Story</a></li>
</ul>
Image Via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Asia

ITOCY

MARUY

MITSY

MSBHF

SSUMY

Warren Buffett-Backed Japanese Trading Stocks Surge As Tokyo Market Digest Berkshire's Increased Stake

Gold prices soared to new heights Monday, and renowned economist Peter Schiff marked the occasion by promoting his Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) non-fungible tokens.
What Happened:&nbsp; Gold bug Schiff took to X to celebrate a historic moment in the bullion market. 
&#8220;Today spot gold closed above&nbsp;$3,000 for the first time&nbsp;ever,&#8221; he wrote. He added that the yellow metal hit $2,000 on Aug. 5, 2020, and that the next $1,000 increase &#8220;won&#8217;t take nearly as long.&#8221;
Schiff encouraged his followers to &#8220;commemorate&#8221; the occasion with his Golden Triumph Ordinals, a collection of Bitcoin NFTs. &#8220;They are far more scarce than Bitcoin,&#8221; Schiff said, poking fun at the apex cryptocurrency&#8217;s deflationary characteristics.
<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">Today spot gold closed above $3,000 for the first time ever. It first closed above $2,000 on Aug. 5, 2020. The next $1,000 rise won&#39;t take nearly as long. Commemorate the occasion with your own Golden Triumph Ordinal. They are far more scarce than Bitcoin.<a href="https://t.co/SPJSbv1ut5">https://t.co/SPJSbv1ut5</a>
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1901732434774798448?ref_src=twsrc%5Etfw">March 17, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Bitcoin Ordinals are inscriptions of data on Bitcoin's blockchain, commonly referencing digital collectibles or art. In terms of NFT sales volume, Bitcoin was the second-largest blockchain after Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) over the last month, <a href="https://www.cryptoslam.io/">according </a>to the NFT market tracker Cryptoslam.
As of this writing, Schiff's collection had a floor <a href="https://magiceden.io/ordinals/marketplace/gt">price </a>of 0.139 BTCs, worth around $11,594 at the current market price.
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44363340/crypto-leaders-step-up-pressure-on-sec-as-trumps-policies-reshape-regulatory-landscape">Crypto Leaders Step Up Pressure On SEC As Trump&#8217;s Policies Reshape Regulatory Landscape</a>
Why It Matters:&nbsp; This was not the first time Schiff promoted his blockchain-inscribed artwork. He <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41870739/peter-schiff-promotes-his-bitcoin-nfts-amid-apex-cryptos-move-past-81k-theres-21-million-btc-but-only-50-golden-triumph-ordinals">marketed the NFTs</a> in November of last year, during Bitcoin&#8217;s record-breaking rally.
Schiff launched the Ordinals collection in May 2023, featuring the original painting "Golden Triumph" and a series of prints and Ordinals on Bitcoin. His argument is—Ordinals add more value to an existing art than Ordinals independently possessing any value.
Schiff has been a vocal critic of Bitcoin, often highlighting the benefits of gold over the apex cryptocurrency. He recently asserted that selling gold for Bitcoin was the <a href="https://in.benzinga.com/markets/cryptocurrency/25/03/44363871/peter-schiff-slams-bitcoin-etfs-calls-selling-gold-for-btc-worst-timed-trade-in-history">&#8220;worst-timed trade in history</a>.&#8221;
Price Action: At the time of writing, Bitcoin was exchanging hands at $83,297.96, up 0.28% 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>. Year-to-date, the cryptocurrency has fallen 10.94%.
Spot gold traded at $3,011.77 per ounce as of this writing, with year-to-date gains of 14.7%.
Image via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44363871/peter-schiff-slams-bitcoin-etfs-calls-selling-gold-for-btc-worst-timed-trade-in-history">Peter Schiff Slams Bitcoin ETFs, Calls Selling Gold For BTC &#8216;Worst-Timed Trade In History&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

$ETH

Peter Schiff Pushes His Own Bitcoin NFTs To Mark Gold Highs: 'Far More Scarce Than BTC'

BYD Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>), China&#8217;s leading electric vehicle maker, has introduced a groundbreaking charging system that can fully charge an EV in the time it takes to refuel a gasoline car, potentially eliminating one of the biggest <a href="https://in.benzinga.com/news/25/03/44359054/byd-reveals-5-minute-ev-battery-charging-system-bloomberg">barriers to EV adoption worldwide</a>.
What Happened: Chairman Wang Chuanfu announced that in tests, the new system charged the Han L model with 292 miles of <a href="https://in.benzinga.com/news/25/03/44359054/byd-reveals-5-minute-ev-battery-charging-system-bloomberg">range in just five minutes</a>. 
BYD&#8217;s Hong Kong-listed shares rose 4.05% to 401.20 HKD ($51.63) on Tuesday, continuing a strong year that has seen the stock surge 53% year-to-date.
The rapid charging technology will be integrated into BYD&#8217;s upcoming electric models, further strengthening its competitive position against rivals like Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>). 
See Also: <a href="https://www.benzinga.com/government/regulations/25/03/44364688/feds-march-meeting-expected-to-signal-no-hurry-on-rate-cuts-as-powell-likely-to-tread-carefully">Fed&#8217;s March Meeting Expected To Signal No Hurry On Rate Cuts As Powell &#8216;Likely To Tread Carefully&#8217;</a>
Why It Matters: By offering a charging experience comparable to traditional gas station visits, BYD addresses the charging downtime concern that has made many consumers hesitant to switch from <a href="https://in.benzinga.com/news/25/03/44359054/byd-reveals-5-minute-ev-battery-charging-system-bloomberg">internal combustion vehicles</a>.
The charging breakthrough comes as BYD pursues aggressive expansion in Europe. The company is reportedly considering Germany for its third European assembly plant, following facilities already planned in Hungary and Turkey. BYD is reportedly avoiding countries that supported EU tariffs on <a href="https://in.benzinga.com/25/03/44354592/warren-buffett-backed-byd-eyes-germany-for-third-european-plant-amid-tariff-concerns-report">Chinese-made EVs imposed last year</a>.
BYD&#8217;s European manufacturing push aims to circumvent import tariffs while boosting sales of its affordable vehicles against local competitors. The company <a href="https://in.benzinga.com/25/03/44354592/warren-buffett-backed-byd-eyes-germany-for-third-european-plant-amid-tariff-concerns-report">announced a $1 billion factory in Turkey in July 2024</a>, expected to produce 150,000 EVs annually.
Read Next:
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<li><a href="https://www.benzinga.com/markets/equities/25/03/44349451/third-largest-buy-the-dip-in-history-bofas-sees-correction-not-a-bear-market-amid-wall-street-rebound" target="_blank" rel="noreferrer noopener">Third-Largest ‘Buy-The-Dip&#8217; In History — BofA&#8217;s Sees ‘Correction, Not A Bear Market&#8217; Amid Wall Street Rebound</a></li>
</ul>
Image Via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

BYDDY

TSLA

BYD Unveils 5-Minute EV Charging Breakthrough, Strengthening Edge Over Tesla— Stock Spikes 4%

Google parent Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) is reportedly in advanced discussions to <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39779768/googles-poker-move-with-wiz-could-be-the-kick-off-for-big-tech-m-a-in-2025-analyst">acquire cybersecurity startup</a> Wiz for approximately $30 billion, a move that would mark the company's largest acquisition to date.
What Happened: The deal could come together soon, barring any last-minute complications, <a href="https://www.wsj.com/business/deals/alphabet-back-in-deal-talks-for-cybersecurity-startup-wiz-41cd3090?mod=hp_lead_pos1">reported</a> the Wall Street Journal, citing people familiar with the matter.
Alphabet was previously close to acquiring <a href="https://www.benzinga.com/m-a/24/07/39764952/google-parent-alphabet-reportedly-eyes-23b-acquisition-of-cybersecurity-firm-wiz-to-take-on-microsof">Wiz for around $23 billion</a> last summer, but <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39907654/alphabet-wiz-deal-now-off-the-table-but-tech-bull-sees-consolidation-in-cybersecuri">talks collapsed</a> over regulatory concerns and structural disagreements.
See Also:&nbsp;<a href="https://www.benzinga.com/25/02/43487551/sundar-pichai-acknowledges-deepseeks-ai-advancementsbut-says-googles-gemini-still-leads-in-cost-performance-and-latency" target="_blank" rel="noreferrer noopener">Sundar Pichai Downplays DeepSeek Threat — Google's Gemini Still Leads In Cost, Performance, And Latency</a>
Wiz, founded in 2020 by former Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) executives, offers cloud-based cybersecurity solutions and has quickly become one of the fastest-growing startups in the sector.
Headquartered in New York with offices in the U.S. and Israel, the company partners with major cloud providers, including Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Microsoft, and Google.
Wiz was valued at $16 billion in a late 2023 tender offer, and its backers include leading venture capital firms such as Sequoia Capital and Andreessen Horowitz, the report noted.
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: If finalized, the acquisition would not only eclipse Google's previous record $12.5 billion Motorola Mobility deal but also signal its growing focus on cloud infrastructure and cybersecurity.
The potential deal also tests the appetite of antitrust regulators under the Donald Trump administration.
Google is already facing <a href="https://in.benzinga.com/news/legal/25/03/44208199/googles-monopoly-fight-just-got-more-intense-justice-department-reaffirms-plan-to-split-up-the-tech-giant-in-historic-antitrust-battle">two antitrust lawsuits</a>, and any new major acquisition could draw further scrutiny.&nbsp;
Price Action: At the time of writing, Alphabet&#8217;s Class A shares had gained 0.097% in after-hours trading, while Class C shares edged up 0.018%. Earlier on Monday, Class A shares closed down 0.73% at $164.29, and Class C shares declined 0.63% to $166.57, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Image via Shutterstock
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:
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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:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Media

AMZN

GOOG

GOOGL

Google In Advanced Talks To Buy Cybersecurity Startup Wiz For $30 Billion — Largest Deal Ever Amid Antitrust Uncertainty: Report

Frog-themed cryptocurrency Pepe (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>) rallied sharply Monday, bucking the declines of more popular meme coins.
What happened: The Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)&#8211;based token bounced 8%, becoming the biggest meme coin gainer and the fourth-most successful cryptocurrency in the last 24 hours.
Moreover, PEPE's trading volume spiked 44% to $806 million, making it the second-most traded meme coin in the last 24 hours.
The rally defied losses in meme coin heavyweights Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) and Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>), which fell 2.21% and 4.91%, respectively.
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44363340/crypto-leaders-step-up-pressure-on-sec-as-trumps-policies-reshape-regulatory-landscape">Crypto Leaders Step Up Pressure On SEC As Trump&#8217;s Policies Reshape Regulatory Landscape</a>
Why It Matters: Influential cryptocurrency analyst Ali Martinez highlighted the formation of an inverse head and shoulder pattern on PEPE's hourly chart, with the "neckline" or resistance at $0.0000075.
The inverse head and shoulders pattern is a bullish reversal pattern, indicating exhaustion of a prolonged downturn.&nbsp;
"A sustained break above the $0.0000075 resistance could trigger a 40% price rally toward $0.0000100," Martinez said.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PEPE</a> could be about to enter a bull rally! <a href="https://t.co/7fJj9ZjxAf">pic.twitter.com/7fJj9ZjxAf</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1901793926819778901?ref_src=twsrc%5Etfw">March 18, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Whale interest for the coin also appeared to be picking up, with the volume of transactions valued over $100,000 surging 25% in the last 24 hours, <a href="https://app.intotheblock.com/">according </a>to IntoTheBlock. Moreover, PEPE holdings of long-term investors grew by 0.17%, indicating that net accumulation was going on.
That said, the majority of PEPE traders were positioned short, <a href="https://www.coinglass.com/LongShortRatio">according </a>to Coinglass, suggesting chances of another correction.&nbsp;
Price Action: At the time of writing, PEPE was exchanging hands at $0.000007202, up 7.52% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. Year-to-date, the coin has slumped 65%.
Image via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44363871/peter-schiff-slams-bitcoin-etfs-calls-selling-gold-for-btc-worst-timed-trade-in-history">Peter Schiff Slams Bitcoin ETFs, Calls Selling Gold For BTC &#8216;Worst-Timed Trade In History&#8217;</a></li>
</ul>

Movers

Trading Ideas

$DOGE

$PEPE

$SHIB

Pepe Outperforms Dogecoin, Shiba Inu With 8% Spike—Top Analyst Says Frog-Themed Meme Coin About To 'Enter A Bull Rally'

The stock market experienced a notable rise on Friday, with the S&amp;P 500 gaining over 0.65% to 5,675.12 and the Nasdaq Composite climbing 0.3% to 17,808.66. Despite these gains, the indices recorded weekly losses, with the S&amp;P 500 marking its fourth consecutive losing week. The Dow Jones also closed higher, adding around 354 points or 0.85% to 41,841.63.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s stock fell 4.79% to close at $238.01, with an intraday high of $245.40 and a low of $232.80. The stock has a 52-week high of $488.54 and a low of $138.80. Concerns about Elon Musk&#8217;s commitment to Tesla have resurfaced, as investors <a href="https://in.benzinga.com/news/25/03/44356670/with-doubts-over-musks-tesla-commitment-growing-his-own-words-resurface-he-once-said-he-never-wanted-to-be-ceo-as-it-hurts-his-heart">worry about his divided focus</a> across multiple ventures, including SpaceX and Neuralink.
Luminar Technologies Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAZR#NASDAQ">LAZR</a>)
Luminar Technologies saw a substantial increase of 27.13%, closing at $6.42. The stock reached an intraday high of $6.50 and a low of $5.34, with a 52-week high of $34.80 and a low of $4.47. A YouTuber&#8217;s video comparing Luminar&#8217;s lidar system with Tesla&#8217;s Autopilot has <a href="https://in.benzinga.com/general/entertainment/25/03/44363063/youtuber-crashes-tesla-into-fake-road-wall-fooling-vehicle-cameras-in-misleading-video">sparked interest</a>, showcasing the potential of lidar technology in autonomous driving.
Reddit Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>)
Reddit&#8217;s stock dipped 2.07% to $125.56, with a high of $142 and a low of $119.92. The 52-week high stands at $230.41, with a low of $37.35. The stock briefly surged after Google announced an <a href="https://in.benzinga.com/general/social-media/25/03/44364854/reddit-stocks-late-in-the-day-surge-whats-going-on">expanded partnership</a> with Reddit, aiming to integrate Reddit content more effectively across Google&#8217;s products.
Intel Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>)
Intel&#8217;s shares rose 6.82% to close at $25.69, hitting an intraday high of $26.15 and a low of $24.37. The stock&#8217;s 52-week high is $45.41, with a low of $18.51. The increase follows reports that Intel&#8217;s new CEO, Lip-Bu Tan, is planning a <a href="https://www.benzinga.com/trading-ideas/movers/25/03/44361645/intel-shares-surge-as-new-ceo-plans-major-overhaul-whats-going-on">major overhaul</a> of the company&#8217;s operations, focusing on AI chip production and cost-cutting measures.
Alibaba Group Holding Ltd.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>)
Alibaba&#8217;s stock climbed 4.59% to $147.57, with an intraday high of $148.43 and a low of $140.03. The stock&#8217;s 52-week high is $148.43, with a low of $68.36. The rise comes amid positive signals from China&#8217;s retail sales figures and a <a href="https://in.benzinga.com/etfs/emerging-market-etfs/25/03/44365756/chinas-ai-surge-fuels-etf-gains-baidu-alibaba-lead-the-way">surge in the tech sector</a>, boosting market sentiment.
Prepare for the day&#8217;s trading <a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a> by Benzinga.
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

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Tesla, Luminar, Reddit, Intel, Alibaba: Why These 5 Stocks Are On Investors' Radars Today

When approaching <a href="https://www.benzinga.com/personal-finance/25/03/44263209/ramsey-says-americans-in-their-60s-and-70s-wont-be-packing-bags-for-a-dream-vacation-in-retirement-theyll-be-packing-lunch-for-work-instead">retirement</a>, many investors must decide how to allocate their savings to ensure a regular income stream while preserving their capital.
In this situation, <a href="https://in.benzinga.com/personal-finance/25/03/44335110/stupid-20-year-investment-plan-investor-questions-200000-dividend-strategy-is-it-stupid-to-put-in-that-much-into-schd">dividend</a> investing often becomes a favorite option as it offers the potential for regular income without the need to sell shares. Still, high-yield ETFs can be tempting, especially when it comes to maximizing returns, but such allocations need to be balanced with more conservative assets to minimize the risk.
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<li>These five entrepreneurs are worth $223 billion –<a href="https://www.benzinga.com/money/arrived-homes-private-credit-fund"> they all believe in one platform that offers a 7-9% target yield with monthly dividends</a></li>
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One Reddit user, a 62-year-old soon-to-be-retiree, has shared his dilemma: he has $700,000 in stock market index funds and a small company pension but is considering moving $500,000 into high-yield dividend funds. His main goal is to generate $4,000 a month in dividends to cover his living expenses and reinvest the excess dividends.
He&#8217;s considering allocating 20% each to JPMorgan Equity Premium Income ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JEPI#NYSE">JEPI</a>) and JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JEPQ#NASDAQ">JEPQ</a>) and is tempted to add double-digit-yielding ETFs to the mix. Yet, he&#8217;s worrying about the risks involved, particularly the potential for capital erosion over time.
&#8220;I mean, if I buy $500,000 worth of high dividend funds–that in 10 years would be $500,000 (hopefully more). Will do JEPI and JEPQ. Tempted to add some double-digit yielding ETFs to the mix. Any suggestions? Is there such a thing as a double-digit ETF that will hold its value over time?&#8221; he asked.
Trending: 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>
The Reddit thread provided the investor with plenty of advice, so here are the most relevant suggestions from the comment section.
<h2 class="wp-block-heading">Invest $500,000 in Dividend Funds for at Least $4,000/Month? Reddit Debates The Poster&#8217;s Plan</h2>
Don&#8217;t Put All Your Eggs in One Basket
Many Redditors emphasized the importance of portfolio diversification, especially when relying on high-yield assets for retirement income.
&#8220;JEPI and JEPQ are ETFs. They yield 7.1% and 9.9% respectively. You won&#8217;t find too many other ETFs that yield more than those. [Hoya Capital High Dividend Yield ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/riet#NYSE">RIET</a>)] &#8211; a [real estate investment trust] ETF yields 9.8%. [Virtus InfraCap U.S. Preferred Stock ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pffa#NYSE">PFFA</a>)] &#8211; a preferred stock ETF yields 9%. Their expense ratios are a little higher and they tend to be interest rate sensitive too,&#8221; a comment reads.
A suggestion advocates for a more balanced approach, combining index-based and actively managed funds to reduce risk.
&#8220;Pick a combo&#8230; 75% into index-based ones like JEPI/JEPQ, [Goldman Sachs S&amp;P 500 Core Premium Income ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gpix#NYSE">GPIX</a>)]/[Goldman Sachs Nasdaq-100 Core Premium Income ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gpiq#NYSE">GPIQ</a>)], [NEOS S&amp;P 500 High Income ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spyi#NYSE">SPYI</a>)]/[NEOS Nasdaq-100 High Income ETF (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qqqi#NASDAQ">QQQI</a>)] and 25% into active like [Amplify CWP Enhanced Dividend Income ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/divo#NYSE">DIVO</a>)]/[Global X S&amp;P 500 Quality Dividend ETF (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qdvo#NASDAQ">QDVO</a>)]. So overall, you will have four funds. Enjoy your retirement, you deserve it!&#8221;
&#8220;Do it! Go check out Armchair Income on YouTube. He gives you his highly diversified portfolio blueprint. He yields 11% over 35 different investments… nothing more than 5%. Deep research focused on yield and stable [net asset value],&#8221; another comment reads.
See Also: Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/1milsaved"> The percentage may shock you</a>.
Focus on Sustainable Income
Several Redditors warned the investor against chasing double-digit yields, as they often come with considerable risks, such as capital erosion and volatility. Instead, they recommended focusing on sustainable revenue that balances yield and stability.
&#8220;You want &#8220;only&#8221; $4,000 per month out of $500,000, meaning you actually want a 10% dividend. Hopefully, you understand that is a lot and it comes with risk, especially the risk of net asset value erosion. Personally, I think it&#8217;s a risky strategy for retirement and I wouldn&#8217;t recommend it. But hey, whatever floats your boat and makes you happy!&#8221; a Redditor said.
A commenter shed some light on the mechanics of a particular high-yield fund, which emphasized the trade-off between capital preservation and yield.
&#8220;[Cornerstone Total Return Fund (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/crf#NYSE">CRF</a>)] will not hand out free money. They will balance with the total returns of the market. So, if the market goes up, say 30%, and it has an 18% yield, CRF will go up by the remaining 8-12%. But if the market goes down, say 30%, it will go down by the remaining 48%-ish. This is why they consistently go down in value year after year. The market has to beat its yield %,&#8221; he said.
One Redditor noted that double-digit ETFs are not a good pick for retirement, suggesting the poster go with more conservative assets.
&#8220;Double-digit return ETFs are a terrible choice for retirement, way too much volatility. If you want to sleep at night go with more reliable assets,&#8221; the Redditor wrote.&nbsp;&nbsp;
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<li>The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"> How do you compare</a>?</li>
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Retiring In Months With $700,000, 62-Year-Old Plans $500,000 Move To Dividends – 'Should I Go All-In On JEPI, JEPQ, Or Riskier Plays?'

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares plunged nearly 5% Monday after Mizuho analysts slashed their price target for the electric vehicle maker, prompting economist Peter Schiff to question the market&#8217;s reaction.
What Happened: Mizuho cut its Tesla price target <a href="https://www.benzinga.com/25/03/44361503/tesla-to-430-here-are-10-top-analyst-forecasts-for-monday">from $515 to $430</a>, sending the stock down nearly 5% to close around $238. &#8220;But why is this even bad news if the lowered price target is still 80% higher than today&#8217;s closing price?&#8221; Schiff wrote on X.
Mizuho cited weakening demand as it reduced delivery forecasts to 1.8 million vehicles this year and 2.3 million in 2026, down from previous estimates of 2.3 million and 2.9 million, <a href="https://www.investopedia.com/tesla-stock-slides-as-mizuho-trims-price-target-on-weakening-demand-11698266">reported</a> Investopedia. Analysts noted Tesla &#8220;significantly underperformed the market&#8221; across the U.S., China, and Europe last month.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Mizuho lowered its price target on Tesla from $515 to $430. <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> closed near 238, down almost 5% on the news. But why is this even bad news if the lowered price target is still 80% higher than today&#39;s closing price?
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1901726106832744489?ref_src=twsrc%5Etfw">March 17, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The automaker&#8217;s challenges stem partly from &#8220;deterioration in geopolitics&#8221; and shifting brand perception, according to Mizuho. Tesla CEO Elon Musk&#8216;s role in leading President Donald Trump administration&#8217;s Department of Government Efficiency has sparked protests and reports of vandalism against Tesla <a href="https://www.benzinga.com/markets/equities/25/03/44350195/ross-gerber-shares-peaceful-display-of-distaste-for-elon-musk-in-santa-monica-his-9-year-old-observes-glad-we-dont-have-a-tesla">vehicles and showrooms nationwide</a>.
See Also: <a href="https://www.benzinga.com/markets/equities/25/03/44349818/warren-buffett-dumped-nearly-70-of-apple-shares-but-its-price-to-sales-ratio-remains-elevated-at-8-2x-warns-this-market-analyst">Warren Buffett Dumped Nearly 70% Of Apple Shares, But Its Price-To-Sales Ratio Remains Elevated At 8.2x, Warns This Market Analyst</a>
Why It Matters: Wedbush Securities analyst Dan Ives recently <a href="https://in.benzinga.com/markets/25/03/44346423/teslas-biggest-bull-frustrated-with-elon-musks-focus-on-doge-over-company-patience-wearing-thin">highlighted investor frustration</a>, telling Quartz that &#8220;Tesla investors are seeing patience wear thin as Musk is not reading the room,&#8221; noting there&#8217;s been &#8220;little to no sign of Musk at any Tesla factory or manufacturing facility in the last two months.&#8221;
Ross Gerber, a longtime Tesla investor who has grown increasingly critical, shared footage Sunday of protesters outside a Tesla store in Santa Monica. The video concludes with his 9-year-old child saying, &#8220;I&#8217;m glad we don&#8217;t have a Tesla.&#8221;
Tesla shares have lost about half their value since their December peak of $479.86. Tesla&#8217;s <a href="https://www.benzinga.com/quote/TSLA/analyst-ratings">consensus price target</a> is $318.22 from 30 analysts, ranging from $550 to $24.86. The latest ratings from Canaccord Genuity, Mizuho, and Wells Fargo average $321.33, implying a 36.1% upside.
<figure class="wp-block-image aligncenter size-full is-resized"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/17212400/Screenshot-2025-03-18-at-6.52.45%E2%80%AFAM.png" alt="" class="wp-image-828376" style="width:526px;height:auto" /></figure>
Benzinga Edge Rankings evaluates stocks based on momentum, value, growth, quality, and price trends across different timeframes. <a href="https://www.benzinga.com/quote/tsla">Here&#8217;s how Tesla scores</a>.
<figure class="wp-block-image aligncenter size-full"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/17213354/Screenshot-2025-03-18-at-6.58.22%E2%80%AFAM.png" alt="" class="wp-image-828389" /></figure>
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Image Via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tesla Drops Nearly 5% As Mizuho Cuts Price Target To $430 — Peter Schiff Asks Why Is It 'Bad News'

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