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The Trusts investment objective is to seek to track the performance of ether, as measured by the performance of the Fidelity Ethereum Reference Rate (the Index), adjusted for the Trusts expenses and other liabilities.

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Jamie Dimon, el CEO del gigante bancario JPMorgan, ha reconocido la importancia de las criptomonedas basadas en contratos inteligentes, en marcado contraste con su postura sobre Bitcoin (CRYPTO: BTC).

Jamie Dimon reconoce el valor de las criptomonedas con contratos inteligentes, sigue rechazando Bitcoin

ARK 21Shares Bitcoin ETF ARK 21Shares Bitcoin ETF

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FBTC

GBTC

IBIT

El gigante de la banca de inversión Goldman Sachs (NYSE:GS) adquirió más acciones de los fondos cotizados en bolsa (ETF) de Bitcoin (CRYPTO: BTC) y Ethereum (CRYPTO: 

Goldman Sachs apuesta fuerte por Bitcoin y Ethereum: sus tenencias superan los 2.000M$

En un signo de cautela por parte de los inversores, los ETF de Bitcoin (CRYPTO: BTC) al contado experimentaron modestas entradas netas el 15 de 

ETF de Bitcoin: Entradas modestas indican cambio de sentimiento en el mercado

These ten large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol class="wp-block-list">
<li>United States Steel Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) shares jumped 25.45%. Japan&#8217;s Nippon Steel is set to finalize its acquisition of the company at $55 per share, according to <a href="https://www.benzinga.com//node/45622810" target="_blank" rel="noreferrer noopener">sources familiar with the matter</a>.</li>
<li>Unity Software Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>) shares escalated 19.30% after Jefferies analyst Brent Thill upgraded the company from Hold to Buy and raised <a href="https://www.benzinga.com/quote/u/analyst-ratings" target="_blank" rel="noreferrer noopener">the price forecast from $22 to $29</a>.</li>
<li>Veeva Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VEEV#NYSE">VEEV</a>) shares rose 18.75% after multiple analysts raised their price forecasts on the stock. The company <a href="https://www.benzinga.com//node/45677373" target="_blank" rel="noreferrer noopener">recently raised its FY26 guidance</a>.</li>
<li>BWX Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWXT#NYSE">BWXT</a>) shares upped 16.71% as President Donald Trump signed a suite of executive orders to <a href="https://www.benzinga.com//node/45654523" target="_blank" rel="noreferrer noopener">revive the U.S. nuclear industry</a>.</li>
<li>Ulta Beauty, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) shares increased 14.88% after the company reported better-than-expected first-quarter earnings and analysts <a href="https://www.benzinga.com//node/45695903" target="_blank" rel="noreferrer noopener">raised the price forecast on the stock</a>.</li>
<li>Reddit, Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) stock increased 14.27% after it was named among the <a href="https://www.benzinga.com//node/45679678" target="_blank" rel="noreferrer noopener">additions to the Russell 3000 index</a>.</li>
<li>Hologic, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLX#NASDAQ">HOLX</a>) stock grew 14.12% after private equity firms TPG and Blackstone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) recently bid to acquire the company, <a href="https://www.benzinga.com//node/45629538" target="_blank" rel="noreferrer noopener">valuing it at over $16 billion</a>.</li>
<li>Intuit Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTU#NASDAQ">INTU</a>) stock upped 13.12%, possibly amid overall market strength after President Trump delayed 50% EU tariffs to July.</li>
<li>Heico Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HEI#NYSE">HEI</a>) shares were up 12.19% after the company reported <a href="https://www.benzinga.com//node/45630872" target="_blank" rel="noreferrer noopener">better-than-expected financial results</a>.</li>
<li>Applovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) stock gained 11.82% last week. It continued upward momentum following <a href="https://www.benzinga.com//node/45543602" target="_blank" rel="noreferrer noopener">strong Q1 earnings</a> and tariff <a href="https://www.benzinga.com//node/45655193" target="_blank" rel="noreferrer noopener">truce tailwinds</a>.</li>
</ol>
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Large Cap

Movers

BWXT

HOLX

INTU

RDDT

ULTA

VEEV

United States Steel, Applovin And Ulta Beauty Are Among Top Large-Cap Gainers Last Week (May 26-May 30): Are The Others In Your Portfolio?

Elon Musk <a href="https://x.com/elonmusk/status/1926660721598681220">posted on X</a> on Sunday a segment from a year-old Yahoo Finance <a href="https://www.youtube.com/watch?v=ER7iqeYx9HU">interview</a> with Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO Jensen Huang.&nbsp;
The conversation touched on many interesting points, but the reason Musk posted it is because of Huang's take on self-driving cars that stood out.&nbsp;
<h2 class="wp-block-heading">Huang: Autonomous Driving Is the Future</h2>
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://t.co/DryiuFJDof">pic.twitter.com/DryiuFJDof</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1926660721598681220?ref_src=twsrc%5Etfw">May 25, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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<a href="https://www.benzinga.com/news/24/05/38979880/thanks-jensen-elon-musk-reacts-to-nvidia-ceos-praise-of-teslas-full-self-driving-technology">Huang called Tesla</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) &#8220;far ahead in self-driving cars&#8221; and predicted that every automaker will need to follow suit. &#8220;Every single car someday will have to have autonomous capability,&#8221; Huang said. &#8220;It's safer, it's more convenient, it's more fun to drive.&#8221;
He explained that training self-driving systems is evolving. Instead of using labeled images, companies now feed raw video into AI models. &#8220;Now we just put video right into the car and let the car figure it out by itself,&#8221; he said. This shift mimics how large language models are trained and signals a move toward AIs that better understand the physical world.
Huang praised Tesla&#8217;s use of end-to-end generative AI in its Full Self-Driving system. &#8220;It learns from watching video, surround video, and it learns about how to drive end-to-end,&#8221; he said. &#8220;It's really revolutionary.&#8221;
Trending: Invest where it hurts — and help millions heal:<a href="https://www.benzinga.com/money/a-cure-for-osteoarthritis-powered-by-everyday-investors-cytonics-is-looking-to-beat-big-pharma-and-disrupt-a-390-billion-market"> Invest in Cytonics and help disrupt a $390B Big Pharma stronghold</a>.
<h2 class="wp-block-heading">Massive Computing Demands Ahead</h2>
Video-based AI requires enormous data and processing power, and Huang made clear that Nvidia is ready. &#8220;The best way to teach these AIs how the physical world behaves is through video—just watching tons and tons and tons of videos,&#8221; he said.
Beyond Tesla, Huang cited growing interest from other automakers and industries. He said biotech companies are <a href="https://www.benzinga.com/news/25/05/45602697/abu-dhabi-backed-g42-and-igenius-team-up-to-build-europes-most-powerful-ai-supercomputer-using-nvidia-chips-in-italy">building AI supercomputers</a> to generate molecules for drug discovery, and that even cloud providers are being outpaced by new sectors jumping into generative AI.
&#8220;We now have a software and AI model that can understand and learn almost any language—the language of English, of images, of video, of chemicals, of protein, even physics,&#8221; Huang said. &#8220;And to be able to generate almost anything.&#8221;
See Also: <a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.
<h2 class="wp-block-heading">Skepticism Around Tesla's Robotaxi Plans</h2>
While Huang praised Tesla's approach, not everyone in the financial world is fully on board with its near-term autonomous driving ambitions. Future Fund LLC Managing Director Gary Black recently <a href="https://www.benzinga.com/25/05/45582499/gary-black-slams-teslas-unsupervised-autonomous-driving-ahead-of-austin-robotaxi-launch-i-have-warned">voiced concern</a> about investor expectations tied to Tesla's Robotaxi rollout.
&#8220;I have warned $TSLA investors numerous times not to get too far ahead of themselves on unsupervised autonomy, including again yesterday,&#8221; Black <a href="https://x.com/garyblack00/status/1925509531397677313">wrote on X</a> on May 22.
He expects the term &#8220;supervised autonomy&#8221; to become more common as Tesla moves closer to launching its ride-hailing Robotaxi service in Austin, Texas. &#8220;Which is a far cry from unsupervised autonomy that supports many investors&#8217; robotaxi valuation models,&#8221; he added.
CEO Elon Musk has said Tesla plans to <a href="https://www.benzinga.com/25/05/45529030/elon-musk-confirms-tesla-robotaxi-launch-is-on-track-for-next-month-these-things-happen-slowly-but-then-all-at-once">launch the Robotaxis by the end of June</a>, starting with over 10 vehicles. He also noted the company would be &#8220;very careful&#8221; with the first introduction of unsupervised full self-driving.
Musk also dismissed the idea of working with ride-hailing company Uber Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>), hinting instead at a proprietary Tesla platform where owners could add or remove their vehicles from the fleet.
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Image: Shutterstock

NVDA

TSLA

UBER

Jensen Huang Praised Tesla, Said Every Car Will Need Autonomous Capability—'It's Safer, It's More Convenient, It's 'More Fun To Drive'

Anthony Scaramucci,&nbsp;the founder of SkyBridge Capital, shared his journey into the world of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) that started during his brief stint at the White House. His interest in cryptocurrency has since led him to become a significant player in the digital currency space.
What Happened: Scaramucci&#8217;s second encounter with Bitcoin happened in the Roosevelt Room of the White House in 2017. The meeting, attended by then-Treasury Secretary Steve Mnuchin and officials from The Federal Reserve, revolved around cryptocurrency research and was a pivotal moment in sparking Scaramucci&#8217;s interest in Bitcoin and blockchain technology.
After his departure from the White House, Scaramucci delved deeper into digital currency research, eventually becoming a crypto investor through his hedge fund. His publication, The Little Book of Bitcoin, shares stories about people&#8217;s journey to cryptocurrency, reflecting his belief that most people who explore Bitcoin end up believing in it.
As per the Fortune, the book has been well-received, earning praise from Strategy chairman Michael Saylor, despite initial disagreements about investment allocation recommendations.&nbsp;
According to Scaramucci, he approached Saylor to pen the foreword for his book. After reading the manuscript, Saylor called him—while sailing on his yacht—to say he was impressed overall, but strongly disagreed with the final chapter. 
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42378636/scaramucci-bitcoin-is-a-volatile-asset-but-ready-for-prime-time-institutional-investing">Scaramucci: Bitcoin Is a Volatile Asset, But &#8216;Ready for Prime Time Institutional Investing&#8217;</a>
Saylor questioned why Scaramucci would advocate for Bitcoin with such strong conviction yet suggest only a modest investment. 
Saylor told him, "You just got done telling me this is the greatest investment" but you only recommend a 2% allocation, Scaramucci said. That feedback led Scaramucci to revise the book's conclusion.
While Scaramucci has found success in his crypto investments, he has made it clear that he has no political ambitions. He expressed hope for a resolution to the political impasse and the ongoing tariff issues with Canada.
Why It Matters: Scaramucci&#8217;s journey from the White House to becoming a crypto investor highlights the growing interest and acceptance of cryptocurrencies among traditional finance professionals. 
His story, as told in his book, could inspire more people to explore and invest in digital currencies, potentially driving further growth in the cryptocurrency market.
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Image: Shutterstock/Al Teich

Michael Saylor Called Scaramucci From a Yacht and It Changed the Ending of His Book

Hollywood actors are often seen as financially set for life, with little reason to seek extra income elsewhere. But acclaimed American actor Josh Brolin revealed in an interview that he turned to stock trading to make ends meet during a difficult stretch in his Hollywood career.
<h2 class="wp-block-heading">‘I Just Wasn't Making Money'</h2>
Speaking with podcaster and journalist <a href="https://www.youtube.com/watch?v=aomL_083OWA">Guy Raz</a> a few months ago, Brolin said he began stock investing to support his family during a time when his acting career hadn't taken off and he wasn't "cutting it."
&nbsp;"I had children going to school and I just wasn&#8217;t making money, man," Brolin said. "If you&#8217;re lucky enough to make 100,000 a year, which I wasn&#8217;t, then you&#8217;re clearing 30,000 after taxes and commissions and if you have a lawyer and you have a manager and an agent and all this stuff that I had back then."
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Brolin said he started taking interest in stocks after meeting entrepreneur and investor Brett Markinson, who introduced him to the technical details and dynamics of trading. Brolin started asking him everything about investing to understand the finer details of the industry. Later, Brolin's role in "Wall Street: Money Never Sleeps" gave him access to market experts and billionaires, with whom he discussed finance, discipline, and other key aspects of investing, he said. All of this proved worthwhile for Brolin, who said he earned more from investing than from his acting career.
"I made more money than I had ever made acting for sure," Brolin told Raz. "It wasn&#8217;t just because I got lucky with one stock that went to the roof, I was very disciplined in the breaths of upward momentum, you know, fairly solid stocks. So I&#8217;d get it when it would go down, I&#8217;d sell it when it would go up."
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<h2 class="wp-block-heading">From Day Trading to Long-Term Investing</h2>
Brolin said that he is a long-term investor now because day trading requires a tight schedule and a disciplined routine.
"If you do that, you have to be up at 4:30 every morning and you have to know your basket and you have done your due diligence for what you&#8217;re trading for that day and the night before," according to Brolin.
<h2 class="wp-block-heading">‘I Knew I Could Figure Financials Out'</h2>
Brolin said he'd accepted early on that he'd spend his career as a working actor, constantly seeking roles to support himself. But he was also confident from the beginning that he&#8217;d always be able to handle his finances and provide for his family.
"I knew that I could figure financials out, I knew that I could support myself, not just through acting. I didn&#8217;t do TV for 20 years, so again, for somebody who needs to provide for their family, there was still some version of integrity," he said.
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Image: Shutterstock

Personal Finance

Hollywood Star Josh Brolin Says He Made More Money Trading Stocks Than Acting Due to Discipline And 1 Stock That Went 'to the Roof'

These eleven large-cap stocks were the worst performers in the last week. Are they in your portfolio?
<ol class="wp-block-list">
<li>Summit Therapeutics Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMMT#NASDAQ">SMMT</a>) stock declined 29.32% after the company announced topline results <a href="https://www.benzinga.com//node/45693375" target="_blank" rel="noreferrer noopener">from its Phase 3 HARMONi trial</a>.</li>
<li>Temu parent PDD Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) shares tumbled 19.44%  after President Trump said China had violated its agreement with the U.S. Additionally, a federal appeals court on Thursday temporarily reinstated most of<a href="https://www.benzinga.com//node/45696218" target="_blank" rel="noreferrer noopener"> the tariffs imposed by Trump</a>.</li>
<li>Regeneron Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REGN#NASDAQ">REGN</a>) shares fell 17.86% after the company and Sanofi said the AERIFY-1 study met its primary endpoint, <a href="https://www.benzinga.com//node/45692578" target="_blank" rel="noreferrer noopener">but the AERIFY-2 study did not</a>.</li>
<li>Booz Allen Hamilton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAH#NYSE">BAH</a>) dipped 17.72% after Barclays maintained an Equal-Weight rating on the stock and lowered its <a href="https://www.benzinga.com//node/45657176" target="_blank" rel="noreferrer noopener">price forecast from $140 to $120</a>.</li>
<li>Okta, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OKTA#NASDAQ">OKTA</a>) stock declined 16.74% after the company reported first-quarter financial results and provided cautious forward-looking commentary. Multiple analysts also lowered<a href="https://www.benzinga.com//node/45651210" target="_blank" rel="noreferrer noopener"> price forecasts following the report</a>.</li>
<li>Deckers Outdoor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DECK#NYSE">DECK</a>) shares were down 16.31%, possibly amid overall market strength, after President Trump had delayed 50% EU tariffs until July.</li>
<li>Copart, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPRT#NASDAQ">CPRT</a>) dipped 15.13% last week. The stock continued its decline after reporting a <a href="https://www.benzinga.com//node/45574729" target="_blank" rel="noreferrer noopener">third-quarter revenue miss</a>.</li>
<li>The Cooper Companies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COO#NASDAQ">COO</a>) shares decreased 13.90% despite a <a href="https://www.benzinga.com//node/45681308" target="_blank" rel="noreferrer noopener">second-quarter earnings beat</a>. JP Morgan downgraded the stock from Overweight to Neutral and lowered its price forecast from <a href="https://www.benzinga.com/quote/coo/analyst-ratings" target="_blank" rel="noreferrer noopener">$110 to $76</a>.</li>
<li>Texas Pacific Land Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPL#NYSE">TPL</a>) stock fell 12.89%.</li>
<li>HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) stock was down 12.63% after it reported mixed second-quarter earnings and cut its outlook. Additionally, several firms cut their respective <a href="https://www.benzinga.com//node/45698612" target="_blank" rel="noreferrer noopener">price forecasts on the stock</a>.</li>
<li>Burlington Stores, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) stock declined 11.90% after its <a href="https://www.benzinga.com//node/45674314" target="_blank" rel="noreferrer noopener">first-quarter results</a>. Additionally, several firms revised their respective <a href="https://www.benzinga.com/quote/burl/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecasts on the stock</a>.</li>
</ol>
Image Via Shutterstock

BURL

CPRT

DECK

OKTA

Citigourp Global Markets 2% Protected Notes Linked To The Djia

REGN

SMMT

Temu Parent PDD, Regeneron Pharmaceutical And Burlington Stores Are Among Top 11 Large-Cap Losers Last Week (May 26-May 30): Are The Others In Your Portfolio?

The past week has been a rollercoaster ride for the EV industry, with Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and BYD Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) making headlines. From Tesla&#8217;s Cybertrucks being added to the Mexican police fleet for the 2026 FIFA World Cup to Chinese regulators meeting with BYD to discuss &#8216;Zero Mile&#8217; used cars, there&#8217;s a lot to catch up on. Let&#8217;s dive in.
Tesla Cybertrucks Join Mexican Police Fleet For 2026 FIFA World Cup
Despite a dip in consumer demand, Tesla&#8217;s Cybertrucks have found a new customer &#8211; the Mexican police. The bulletproof durability of these vehicles makes them an attractive choice for law enforcement, especially with the 2026 FIFA World Cup on the horizon.
<a href="https://www.benzinga.com/general/sports/25/05/45634051/tesla-cybertruck-demand-slides-but-mexican-police-fleet-buying-for-2026-fifa-world-cup">Read the full article here.</a>
Chinese Regulators Discuss &#8216;Zero Mile&#8217; Used Cars with BYD
China&#8217;s commerce ministry regulators are set to meet with executives from several Chinese automakers, including EV giant BYD, to discuss the surge in zero-mile used car sales. These are cars that have been registered but never driven, and over 4000 vendors sell these cars domestically in China.
<a href="https://www.benzinga.com/markets/asia/25/05/45611701/chinese-regulators-will-meet-tesla-rival-byd-other-companies-to-discuss-zero-mile-used-cars-report">Read the full article here.</a>
See Also:&nbsp;<a href="https://benzinga.com/news/topics/25/05/45708861/trump-demands-automakers-including-tesla-build-entirely-in-the-us" target="_blank" rel="noreferrer noopener">Trump Demands Automakers, Including Tesla, Build Entirely In The US</a>
Tesla Board Members Sell Shares Ahead Of Robotaxi Launch
Two board members of Tesla have sold nearly $200 million in stock ahead of the company&#8217;s highly anticipated robotaxi launch in Texas. This adds to a history of board members cashing out and could be a red flag ahead of this key potential stock catalyst.
<a href="https://www.benzinga.com/news/insider-trades/25/05/45651670/tesla-insider-sales-increase-ahead-of-robotaxi-launch-kimbal-musk-ira-ehrenpreis-sell-190m">Read the full article here.</a>
Tesla&#8217;s European Sales Dip By 49%
Tesla&#8217;s sales in Europe fell by 49% YoY in April, as the company continues to face global challenges. The company sold 7,261 units in Europe for April, almost half of the 14,228 units it sold last year during the same time.
<a href="https://www.benzinga.com/markets/eurozone/25/05/45616006/teslas-european-woes-see-no-end-april-sales-crash-49-as-rivals-race-ahead-in-ev-market">Read the full article here.</a>
Major BYD Dealer Shuts Down Operations In China
As BYD expands into the European market, one of its major dealers in China&#8217;s eastern Shandong province has reportedly shut down its operations across multiple cities. This has affected over 1,000 customers with warranty and after-sales service-related issues.
<a href="https://www.benzinga.com/25/05/45666513/a-major-byd-dealer-in-china-shut-down-its-operations-as-ev-giant-expands-into-europe-report">Read the full article here.</a>
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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/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>

Tech

BYDDY

Cybertrucks For FIFA 2026, Chinese Regulators Meet BYD, Tesla's European Troubles, And More: This Week In Mobility

Russian authorities have been accused of concocting a story about an attack on President&nbsp;Vladimir Putin&#8216;s helicopter&nbsp;during his visit to the&nbsp;Kursk region.
What Happened: According to a report, Russian officials had reported an assault on Putin&#8217;s helicopter by Ukrainian drones while he was in the border region. However, The Moscow Times, quoting both&nbsp;current and former Russian officials,&nbsp;suggested that this account may have been a deception by the authorities to persuade&nbsp;the public that Putin was&nbsp;sharing in the same hardships as the average citizen.
The Russian Defense Ministry had previously announced that the helicopter was the target of a large-scale Ukrainian drone attack. 
Yet The Moscow Times proposed that this announcement was merely a &#8220;PR stunt&#8221; designed to portray Putin as sharing in the struggles of ordinary Russians amid the ongoing drone conflict.
As per the report <a href="https://www.themoscowtimes.com/2025/05/30/hero-under-fire-as-putin-visited-kursk-the-kremlin-told-russians-that-he-was-dodging-ukrainian-drones-a89276">by</a> The Moscow Times, officials, who chose to remain anonymous, assured the outlet that Putin&#8217;s safety was guaranteed at the highest level, with hundreds of officers from the Presidential Security Service, the FSB, the National Guard, and the Interior Ministry forming his security detail.
Also Read: <a href="https://www.benzinga.com/tech/25/05/45186088/putin-ally-who-unveiled-tesla-cybertruck-with-machine-gun-now-says-elon-musk-remotely-disabled-the-militarized-ev">Putin Ally Who Unveiled Tesla Cybertruck With Machine Gun Now Says Elon Musk &#8216;Remotely Disabled&#8217; The Militarized EV</a>
The&nbsp;Center for Strategic Communications and&nbsp;Information Security in Ukraine refuted the claims that Putin&#8217;s helicopter was attacked by Ukrainians. 
In addition,&nbsp;the Institute for the Study&nbsp;of War noted that, contrary to Moscow&#8217;s assertions, combat continues with Russian forces not making progress in their offensive operations.
Why It Matters: The alleged fabrication of the attack on Putin&#8217;s helicopter underscores the tense relations between Russia and Ukraine, and the lengths to which authorities may go to manipulate public perception. 
This incident, if indeed a fabrication, could further strain relations between the two countries and potentially escalate the ongoing conflict. 
It also raises questions about the transparency and credibility of information released by the Russian authorities.
Read Next
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Image: Shutterstock/miss.cabul

Russia Accused of Faking Attack on Putin's Helicopter

Astronauts Sunita Williams and Butch Wilmore have shared the harrowing details of their nearly 10-month stay aboard the International Space Station, revealing they were unsure at one point whether they&#8217;d be <a href="https://www.benzinga.com/general/space/25/03/44370917/nasa-astronauts-sunita-williams-and-butch-willmore-head-back-to-earth-on-spacex-dragon-capsule" target="_blank" rel="noreferrer noopener">able to return to Earth safely.</a>
The two astronauts, part of the first crewed test of Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) &#8216;s Starliner spacecraft, faced critical thruster issues during docking, <a href="https://www.bbc.com/news/articles/clygd1vl9yeo" target="_blank" rel="noreferrer noopener">reports</a> BBC.
Unable to proceed forward initially, they relied on support from Mission Control to stabilize the craft. 
&#8220;Docking was imperative,&#8221; Wilmore told BBC. &#8220;If we weren&#8217;t able to dock, would we be able to make it back? We didn&#8217;t know.&#8221;
Originally scheduled for an eight-day test flight in June 2024, the mission took an unexpected turn.
Also Read:<a target="_blank" href="https://www.benzinga.com/news/space/25/05/45700926/exclusive-could-airlines-with-starlink-see-booking-boost-what-benzinga-reader-poll-says" rel="noreferrer noopener"> EXCLUSIVE: Could Airlines With Starlink See Booking Boost? What Benzinga Reader Poll Says</a>
With Starliner struggling to dock, Wilmore admitted the thought of being stranded entered their minds. However, he and Williams refrained from discussing the worst-case scenario aloud, instead focusing on solutions and coordination.
The pair eventually docked and remained aboard the ISS while NASA assessed Starliner&#8217;s readiness for re-entry.
Boeing maintained the vehicle was safe, and later demonstrated that with an uncrewed return in September 2024.
But NASA opted to bring the astronauts back using a SpaceX capsule, extending their stay dramatically.
Despite headlines suggesting they were stranded, both astronauts clarified the ISS had backup spacecraft ready for emergencies.
The situation also became politically charged when President Donald Trump blamed Joe Biden for the astronauts&#8217; extended stay. Wilmore dismissed the politicization, saying, &#8220;We understand space flight is hard.&#8221;
They returned on March 18 and described the physical challenges of readjusting to gravity.
Still, both credited daily resistance training in space for keeping them in top shape—Wilmore claimed he returned &#8220;stronger than I&#8217;ve ever been.&#8221; Williams echoed that sentiment, though admitted Earth&#8217;s gravity wasn&#8217;t easy on her joints at first.
Both astronauts remain optimistic about Starliner&#8217;s future, saying they&#8217;d gladly fly in the capsule again once technical issues are addressed.
&#8220;It&#8217;s a very capable spacecraft,&#8221; Williams told BBC, citing its unique features compared to other vehicles.
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Image: Shutterstock/bella1105

'Would We Be Able To Make It Back?' - NASA Astronauts Recount Harrowing Starliner Mission

These eleven mid-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol class="wp-block-list">
<li>LZ Technology Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LZMH#NASDAQ">LZMH</a>) shares surged 78.57% last week.</li>
<li>Centrus Energy Corp. (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/LEU#AMEX">LEU</a>) shares rose 36.22% as President Donald Trump signed a suite of executive orders aimed at <a href="https://www.benzinga.com//node/45654523" target="_blank" rel="noreferrer noopener">reviving the U.S. nuclear industry.</a></li>
<li>e.l.f Beauty, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>) stock escalated 35.89% after it reported better-than-expected quarterly results and announced it would acquire Hailey Bieber&#8217;s <a href="https://www.benzinga.com//node/45677382" target="_blank" rel="noreferrer noopener">Brand Rhode for $1 billion</a>. Analysts raised the <a href="https://www.benzinga.com/quote/elf/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast on the stock</a>.</li>
<li>Merus N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRUS#NASDAQ">MRUS</a>) stock increased 34.78%.</li>
<li>Oklo Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>) stock was up 32.73% due to executive orders signed by Trump to <a href="https://www.benzinga.com//node/45654523" target="_blank" rel="noreferrer noopener">revive the U.S. nuclear industry.</a></li>
<li>NuScale Power Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMR#NYSE">SMR</a>) shares upped 26.32%.</li>
<li>Informatica Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INFA#NYSE">INFA</a>) shares jumped 25.05% after the company announced that Salesforce, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) would acquire them for approximately $8 billion, and analysts <a href="https://www.benzinga.com//node/45647236" target="_blank" rel="noreferrer noopener">revised the price forecast</a>.</li>
<li>BRP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOOO#NASDAQ">DOOO</a>) stock escalated 22.29% after the company reported better-than-expected first-quarter results. Additionally, the company announced that its president, CEO, and chair of the board will retire <a href="https://www.benzinga.com//node/45664327" target="_blank" rel="noreferrer noopener">by the end of the fiscal year</a>. Analysts raised the <a href="https://www.benzinga.com/quote/dooo/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast/ rating on the stock</a>.</li>
<li>Box (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOX#NYSE">BOX</a>) stock grew 20.99% after the company reported better-than-expected first-quarter financial results, and analysts revised the <a href="https://www.benzinga.com//node/45646700" target="_blank" rel="noreferrer noopener">price forecast on the stock</a>.</li>
<li>Joby Aviation, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JOBY#NYSE">JOBY</a>) stock upped 17.77% after the company announced closing a <a href="https://www.benzinga.com//node/45643642" target="_blank" rel="noreferrer noopener">$250 million investment</a> from Toyota Motor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>).</li>
<li>C3.ai, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AI#NYSE">AI</a>) shares rose 16.98% after the company reported better-than-expected fourth-quarter financial results and announced a renewal and expansion of its joint venture with Baker Hughes for accelerated AI-driven transformations <a href="https://www.benzinga.com//node/45657936" target="_blank" rel="noreferrer noopener">in the energy and industrial sectors</a>. Analysts revised the <a href="https://www.benzinga.com/quote/ai/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast on the stock</a>.</li>
</ol>
Photo by LisaChi via Shutterstock

Mid Cap

DOOO

INFA

JOBY

LZMH

MRUS

OKLO

e.l.f Beauty, Box And Joby Aviation Are Among Top 11 Mid-Cap Gainers Last Week (May 26-May 30): Are Others In Your Portfolio?

The past week was a whirlwind in the tech world, with major players making significant moves. From legal battles to stock predictions and AI advancements, the industry was buzzing with activity. Here&#8217;s a quick recap of the top stories that made headlines.
OpenAI vs. Elon Musk: A Legal Showdown
The ongoing legal tussle between OpenAI and Tesla Inc. CEO Elon Musk took a dramatic turn this week. OpenAI has urged a judge to keep its countersuit alive, accusing Musk of fraud and media manipulation. The AI firm argues that Musk&#8217;s bid to dismiss the countersuit lacks factual grounding.
<a href="https://www.benzinga.com/25/05/45686378/openai-fights-to-keep-countersuit-alive-against-elon-musk-over-profit-shift-calls-his-974-billion-bid-a-media-stunt">Read the full article here.</a>
Nvidia&#8217;s Stock Predicted to Soar
Analysts predict a significant upside for Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) stocks, following a robust first-quarter financial report. Despite China export restrictions, the tech giant&#8217;s future looks promising. Rosenblatt analyst Kevin Cassidy maintained a Buy rating on Nvidia and raised the price target from $178 to $200.
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45675006/nvidia-stock-has-significant-upside-as-ai-godfather-jensen-huang-delivers-another-robust-quarter">Read the full article here.</a>
See Also: <a href="https://benzinga.com/25/05/45644145/nvidia-stock-is-bullish-ahead-of-q1-earnings-but-will-h20-chip-woes-dampen-the-party" target="_blank" rel="noreferrer noopener">Nvidia Bullish Ahead Of Q1 Earnings, But Will H20 Chip Woes Dampen The Party?</a>
Kevin O&#8217;Leary&#8217;s AI Mission
Business magnate Kevin O&#8217;Leary is on a mission to make AI fluency a must-have skill for CEOs. He&#8217;s hiring professionals to train business leaders on how to leverage AI tools across all areas of business, promising job security for life.
<a href="https://www.benzinga.com/25/05/45663361/kevin-oleary-wants-to-teach-every-ceo-how-to-use-aiand-hes-hiring-people-to-do-it-calling-it-a-lifetime-career-opportunity">Read the full article here.</a>
DeepSeek&#8217;s Quiet AI Update
Chinese AI startup DeepSeek quietly launched an updated version of its reasoning model, R1-0528. The release comes after the company&#8217;s R1 model triggered a $600 billion drop in Nvidia&#8217;s market value earlier this year.
<a href="https://www.benzinga.com/media/25/05/45662927/chinas-deepseek-quietly-drops-r1-ai-update-that-nearly-matches-openai-o4-mini-and-beats-elon-musks-grok-3-mini">Read the full article here.</a>
Nvidia&#8217;s AI Growth Drivers
Despite a projected $8 billion revenue loss due to U.S. export curbs on China, Nvidia remains optimistic. The chipmaker&#8217;s guidance and AI momentum are stronger than expected, with CEO Jensen Huang outlining four key AI growth drivers.
<a href="https://www.benzinga.com/25/05/45662144/despite-8-billion-blow-from-china-export-curbs-nvidia-still-raised-guidance-as-blackwell-chips-and-enterprise-ai-demand-soar-highlights-four-explosive-growth-drivers">Read the full article here.</a>
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</ul>
Photo courtesy: Shutterstock

Another Blockbuster Nvidia Quarter, OpenAI Vs. Elon Musk, DeepSeek Update, And More: This Week In AI

The past week was a rollercoaster ride in the world of finance and cryptocurrency. From the early release of a notorious fraudster to a heated debate over Bitcoin&#8217;s value, the weekend was packed with intriguing stories.
Here&#8217;s a quick recap of the top stories that made headlines.
Sam Bankman-Fried&#8217;s Early Release
Once a promising figure in the cryptocurrency world,&nbsp;Sam Bankman-Fried&nbsp;is now set to leave prison four years ahead of his 25-year sentence. The Federal Bureau of Prisons has updated its inmate database to reflect the new release date of Dec. 14, 2044, thanks to &#8220;good conduct time&#8221; credits. Bankman-Fried&#8217;s pre-sentence time in jail also contributed to this early release.
<a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45614311/fraudster-sam-bankman-fried-set-to-leave-prison-four-years-early-as-good-conduct-credits-t">Read the full article here.</a>
Schiff Challenges Vance On Bitcoin
Economist and market commentator&nbsp;Peter Schiff&nbsp;publicly disagreed with Vice President&nbsp;JD Vance&#8216;s support for Bitcoin at a recent cryptocurrency conference. Schiff challenged Vance&#8217;s remarks, sparking a debate over the true value and impact of Bitcoin.
<a href="https://www.benzinga.com/25/05/45661076/peter-schiff-challenges-jd-vances-bitcoins-safe-haven-assertion-urges-him-to-implement-policies-that-reduce-the-n">Read the full article here.</a>
See Also:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/05/45667896/hedera-co-founder-predicts-that-everything-of-value-will-be-tokenized" target="_blank" rel="noreferrer noopener">Hedera Co-Founder Predicts That &#8216;Everything Of Value&#8217; Will Be Tokenized</a>
Bitcoin Drops To $105,000
Bitcoin&#8217;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) value took a hit, dropping below $105,000 after President Donald Trump warned that the U.S. is &#8220;no longer Mr. Nice Guy&#8221; in its trade agreement with China. This swift drop reveals that Bitcoin still behaves more like high-beta tech than a geopolitical hedge.
<a href="https://www.benzinga.com/cannabis/25/05/45698521/bitcoin-drops-to-105000-after-trump-warns-hes-no-longer-mr-nice-guy">Read the full article here.</a>
Google&#8217;s Quantum Warning
Alphabet Inc.&#8217;s Google has warned that RSA encryption, a key security feature in securing Bitcoin, may be more vulnerable to quantum computing attacks than previously thought. New research suggests that RSA encryption could be broken with 20 times fewer quantum resources.
<a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45613248/google-warns-quantum-computers-could-crack-bitcoin-like-encryption-20-times-faster-than-ex">Read the full article here.</a>
Trump&#8217;s Meme Coin Dinner
A black-tie gala hosted by Donald Trump for top TRUMP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">MAGA</a>) meme coin holders turned into a high-net-worth crypto networking event. Despite Trump&#8217;s brief appearance, the event served as a valuable gathering for major players in the crypto space.
<a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45626262/trump-meme-coin-dinner-turned-into-high-net-worth-crypto-networking-trump-was-there-for-20">Read the full article here.</a>
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Photo courtesy: Shutterstock
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/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>

$MAGA

MAGA

Sam Bankman-Fried's Early Release, Schiff Vs Vance, Bitcoin's Fall, And Trump's Meme Coin Dinner: This Week In Crypto

It&#8217;s been a whirlwind of a week for Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), with the tech giant making headlines for a variety of reasons. From a potential overhaul of its operating systems to a significant camera upgrade, and from being in the crosshairs of President Donald Trump to a possible tariff absorption, Apple has been in the limelight. Let&#8217;s delve into the week&#8217;s top stories.
Apple&#8217;s Operating Systems Get a Fresh Look
Apple is reportedly planning a rebrand of its software platforms by introducing a year-based naming system, according to Bloomberg. The new strategy could be unveiled at its Worldwide Developers Conference on June 9.
<a href="https://www.benzinga.com/25/05/45661713/apple-to-rename-all-operating-systems-for-2026-ios-macos-ipados-get-year-based-overhaul-and-fresh-look">Read the full article here.</a>
iPhone Camera Upgrade to Match Samsung&#8217;s Flagship Specs
A new leak suggests that Apple is working on a significant camera upgrade for a future iPhone model — a 200-megapixel sensor. This move signals Apple&#8217;s interest in matching or exceeding the camera specs of competitors like Samsung Electronics Co.
<a href="https://www.benzinga.com/25/05/45637477/iphone-camera-could-get-its-biggest-upgrade-yet-with-200mp-sensor-leak-suggests-will-apple-finally-catch-up-to-samsung">Read the full article here.</a>
See Also: <a href="https://benzinga.com/media/25/05/45662927/chinas-deepseek-quietly-drops-r1-ai-update-that-nearly-matches-openai-o4-mini-and-beats-elon-musks-grok-3-m" target="_blank" rel="noreferrer noopener">China&#8217;s DeepSeek Quietly Drops R1 AI Update That Nearly Matches OpenAI o4 Mini—And Beats Elon Musk&#8217;s Grok 3 Mini</a>
Trump&#8217;s Calculated Move Against Apple
Apple, usually not associated with national security, is in President Trump&#8217;s crosshairs. Analyst Ming-Chi Kuo outlined three key reasons why Trump persistently targets Apple in public, noting that pressuring a global brand like Apple guarantees widespread media attention.
<a href="https://www.benzinga.com/markets/25/05/45603673/trumps-targeting-of-apple-isnt-random-analyst-says-its-a-calculated-move-for-maximum-political-gain">Read the full article here.</a>
Apple May Absorb iPhone Tariff Instead of Moving Production to the US
President Trump demanded that Apple manufacture iPhones sold in the U.S. domestically, or face a 25% tariff. Top Apple analyst Ming-Chi Kuo said that the company is unlikely to move its assembly lines back to the U.S., even under political pressure.
<a href="https://www.benzinga.com/markets/25/05/45599817/apple-would-rather-absorb-a-25-iphone-tariff-than-move-production-to-the-us-says-analyst-no-guarantee-they-wont-face-repeated-tariff-threats-during-his-term">Read the full article here.</a>
Google CEO Sundar Pichai on Apple&#8217;s Search Usage
Despite reports of declining search usage in Safari, Alphabet Inc.&#8217;s CEO Sundar Pichai insists that overall Google Search activity is growing, thanks to AI-powered experiences.
<a href="https://www.benzinga.com/media/25/05/45687166/apple-may-see-fewer-searches-in-safari-but-google-ceo-sundar-pichai-insists-ai-is-fueling-overall-query-growth-far-from-a-zero-sum-game">Read the full article here.</a>
Read Next:
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<li><a href="https://benzinga.com/25/05/45644145/nvidia-stock-is-bullish-ahead-of-q1-earnings-but-will-h20-chip-woes-dampen-the-party" target="_blank" rel="noreferrer noopener">Nvidia Bullish Ahead Of Q1 Earnings, But Will H20 Chip Woes Dampen The Party?</a></li>
</ul>
Photo courtesy: Shutterstock
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/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>

AAPL

From iOS Overhaul, iPhone Camera Upgrade To Trump's Tariffs: This Week In Appleverse

The past week has been a whirlwind of economic and political news. From a second federal judge blocking President Donald Trump&#8217;s emergency tariff powers to former Treasury Secretary Larry Summers issuing a stark warning about America&#8217;s fiscal trajectory, the headlines have been filled with significant developments.
Here&#8217;s a quick recap of the top stories.
Trump&#8217;s Tariff Powers Blocked
A Washington-based federal judge, U.S. District Judge Rudolph Contreras, has ruled against President Trump&#8217;s attempt to exercise emergency powers to reshape trade policy. This ruling came just hours after the U.S. Court of International Trade struck down Trump&#8217;s tariffs. Contreras stated that the International Emergency Economic Powers Act (IEEPA) does not grant Trump the authority to impose or adjust tariffs without approval from Congress.
<a href="https://www.benzinga.com/25/05/45687946/second-federal-judge-blocks-trumps-emergency-tariff-powers-hours-after-us-court-of-international-trade-ruling">Read the full article here.</a>
Larry Summers&#8217; Stark Warning
Former Treasury Secretary Larry Summers has expressed concern over America&#8217;s fiscal trajectory, blaming President Trump and the GOP's "One Big, Beautiful Bill." Summers warned that the United States is on the verge of a crisis if current debt trends continue.
<a href="https://www.benzinga.com/markets/25/05/45686699/larry-summers-issues-stark-warning-the-big-beautiful-bill-is-actually-a-prescription-for-deadly-dangerous">Read the full article here.</a>
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45686497/jamie-raskin-wants-trump-to-disclose-his-crypto-dinner-guest-list-says-foreigners-cant-donate-dollar-but-are-buying-access-to-president-through-memecoin" target="_blank" rel="noreferrer noopener">Jamie Raskin Wants Trump To Disclose His Crypto Dinner Guest List</a>
Japan&#8217;s Tariff Countermeasures
In response to heightened U.S. tariffs, Japan's government has announced a significant economic stimulus package. The government is set to allocate 900 billion yen ($6.3 billion) for emergency economic measures to counteract the adverse effects of increased U.S. tariffs.
<a href="https://www.benzinga.com/news/25/05/45609927/trump-tariff-countermeasures-japan-to-reportedly-roll-out-6-3-billion-emergency-fund-stimulus-as-early-as-tu">Read the full article here.</a>
US-China Trade Talks Stalemate
Trade negotiations between the United States and China have reached an impasse, according to U.S. Treasury Secretary Scott Bessent. Bessent suggested that a final agreement might require direct input from President Donald Trump and China's President Xi Jinping.
<a href="https://www.benzinga.com/25/05/45685544/scott-bessent-says-us-china-trade-talks-at-stalemate-need-trump-and-xi-jinping-touch-to-break-the-deadlock">Read the full article here.</a>
Cathie Wood&#8217;s Reaganomics Comparison
ARK Invest founder Cathie Wood has endorsed the Trump administration's economic policies, comparing them to "Reaganomics on steroids." Wood believes that current policies mirror former President Ronald Reagan&#8217;s playbook of deregulation, tax cuts, and lower interest rates.
<a href="https://www.benzinga.com/news/25/05/45603865/cathie-wood-calls-trump-policy-reaganomics-on-steroids-as-treasury-secretary-says-us-can-grow-its-way-out-of">Read the full article here.</a>
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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/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>

Economics

Trump's Tariffs In Court, Summers' Stark Warning, US-China Stalemate, And Wood's Reaganomics Comparison: This Week In Economics

The past week was filled with significant developments from the world of business and politics. From the temporary preservation of President Donald Trump&#8217;s tariffs to Paramount Global&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>) potential settlement with President Trump, these stories have kept the market buzzing. Let&#8217;s dive into the details.
Trump Tariffs Temporarily Preserved
The SPDR S&amp;P 500 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) witnessed some volatility as the U.S. Court of Appeals for the Federal Circuit issued a temporary stay on a lower-court ruling that had previously invalidated a significant portion of President Trump&#8217;s tariffs. The stay has temporarily preserved the tariffs imposed by the Trump administration.
<a href="https://www.benzinga.com/news/legal/25/05/45683326/trump-tariffs-temporarily-preserved-as-appeals-court-pauses-lower-ruling">Read the full article here.</a>
Paramount&#8217;s Potential Settlement with Trump
Media giant Paramount Global is reportedly ready to offer millions to President Trump to settle an ongoing lawsuit. The lawsuit has been a hurdle in the company&#8217;s merger with Skydance.
<a href="https://www.benzinga.com/general/entertainment/25/05/45676520/is-paramount-offering-millions-to-trump-to-end-60-minutes-lawsuit-report-says-opening-offer-has-been-made">Read the full article here.</a>
See Also: <a href="https://benzinga.com/25/05/45214832/with-16-trillion-owed-by-427-million-student-loan-borrowers-federal-government-resumes-collections-after-5-years-as-delinquencies-reach-record-high-transunion-warns" target="_blank" rel="noreferrer noopener">With $1.6 Trillion Owed By 42.7 Million Student Loan Borrowers, Federal Government Resumes Collections After 5 Years As Delinquencies Reach Record High</a>
Musk&#8217;s DOGE Tenure Concludes
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk&#8217;s four-month stint leading the Department of Government Efficiency (DOGE) ended on a high note, despite not meeting the promised savings. President Trump honored Musk with a golden key to the White House.
<a href="https://www.benzinga.com/news/politics/25/05/45708460/elon-musks-175-billion-in-doge-cut-falls-far-short-of-the-billionaires-goal-expect-to-achieve-over-time-the-trillion-dollars-of-savings-says-tesla-ceo">Read the full article here.</a>
Trump Administration Considers Global Tariffs
The Trump administration is reportedly considering imposing tariffs on a significant portion of the global economy for 150 days. This move comes in response to a recent court ruling that invalidated a substantial part of President Trump&#8217;s tariffs.&nbsp;<a href="https://www.benzinga.com/news/25/05/45688655/trump-administration-mulls-global-tariffs-of-about-15-for-150-days-under-existing-trade-laws-report">Read the full article here.</a>
Raskin&#8217;s Probe into Trump&#8217;s Crypto Dinner
Democratic lawmaker Jamie Raskin has launched a probe into President Trump&#8217;s private dinner for top investors in his Official Trump TRUMP/USD. Raskin has demanded that Trump disclose the guest list and the origin of the funds used to purchase the meme coin.
<a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45686497/jamie-raskin-wants-trump-to-disclose-his-crypto-dinner-guest-list-says-foreigners-cant-donate-dollar-but-are-buying-access-to-president-through-memecoin">Read the full article here.</a>
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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/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>

Politics

PARA

Trump Tariffs, Paramount's Settlement Offer, Musk's DOGE Tenure, And More: This Week In Politics

One poster recently surprised Reddit&#8217;s <a href="https://www.reddit.com/r/legaladvice/comments/1kr6ngy/won_15m_judgement_28_years_ago_and_just_found_out/">r/legaladvice</a> community after discovering that their father had been awarded a $1.5 million court judgment nearly three decades ago—and never knew about it.
The post, titled &#8220;Won $1.5M judgement 28 years ago and just found out yesterday,&#8221; got a lot of attention after the person explained how they came across the information by accident. "Yesterday, while searching the Bronx County court records for my father in a separate matter, we found record of a workers&#8217; comp case filed on his behalf in &#8217;97," the person wrote.
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<h2 class="wp-block-heading">&#8216;Father Had No Idea&#8217;</h2>
According to the post, the poster&#8217;s father lost three fingers in a factory accident in 1996. The family had recently immigrated to the U.S. at the time, and he spoke no English. "The issue is my father had no idea that this lawsuit was even filed," the poster wrote.&nbsp;
Though he sat for a deposition, he was allegedly told by the company that nothing would come of the case. The family then moved, changed phone numbers, and assumed that was the end of it.
They later added, &#8220;It feels to me like things weren't handled correctly and I want to make sure he is compensated appropriately as our lives could have been much different had he received this money.&#8221;
Trending: Maximize saving for your retirement and cut down on taxes: <a href="https://www.benzinga.com/money/wideradvisor-retirement-planning">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation</a>.&nbsp;
Expired Judgment?
Most commenters were quick to point out that New York judgments typically expire after 20 years unless they are renewed.
"In New York, a judgment is deemed unenforceable after 20 years. If nothing was done to renew the judgment, it's dead now," wrote one commenter, who identified themselves as a lawyer.
However, several people noted that exceptions exist in cases involving fraud or malpractice. &#8220;Sometimes the law allows for an extension of deadlines where there&#8217;s fraud or another good reason,&#8221; one person pointed out.
Another added, &#8220;If the lawyer collected on the judgment, then a claim could exist against the lawyer for your father&#8217;s share.&#8221;
But, as someone said, &#8220;I'd be afraid someone filed and collected on his behalf without ever telling him, maybe even someone at the company.&#8221;
See Also: 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>.
<h2 class="wp-block-heading">What To Do Now</h2>
Redditors with legal experience weighed in with suggestions on what steps to take. First on the list: track down the original attorney or firm. Even if they have since left the industry, they may still have records or owe a duty to account for any funds.
"Contacting the attorney would be a very helpful start," wrote one poster familiar with bar association procedures. "There's a decent chance they still have a hard copy of the files in a box somewhere."
Another crucial step? Search the New York State Comptroller's unclaimed funds database. Multiple commenters said they had found <a href="https://www.benzinga.com/money/how-to-claim-unclaimed-bitcoin">forgotten funds</a> owed to them through the site. One even commented, "I just made my rent this month" after finding a claim in their name.
And if it turns out the money was never paid? The family may have a legal malpractice case if the attorney failed to inform them of the judgment or disbursed funds improperly.
<h2 class="wp-block-heading">Might Not Be the Windfall It Sounds Like</h2>
A few commenters speculated that the case might have involved subrogation, where the <a href="https://www.benzinga.com/money/workers-comp-calculator">workers&#8217; compensation</a> insurer sues a third party – like the machine manufacturer – on the injured worker&#8217;s behalf. In that case, most or all of the money could have gone to reimburse the insurer.
Still, the original poster is determined to pursue answers: "We'll be contacting the original lawyer and a few other avenues mentioned here," they wrote.
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They 'Just Found Out Yesterday' About Winning A '$1.5M Judgment 28 Years Ago.' Now They're Asking: What Do I Even Do With This?

It seems like Mark Cuban has no patience for how America pays for healthcare. In a recent <a href="https://www.youtube.com/watch?v=vwsQKuWNgXU">appearance</a> at the Stanford University Department of Medicine, he laid out exactly how he thinks insurance companies are rigging the system—and leaving hospitals and doctors holding the bag.
<h2 class="wp-block-heading">Insurance Plans Work For Insurers, Not Providers</h2>
According to Cuban, it all starts with how <a href="https://www.benzinga.com/25/05/45458113/mark-cuban-blasts-health-insurance-companies-as-the-worst-of-the-worst-says-it-should-be-criminal-to-charge-5k-deductibles-to-people-making-25k">insurance companies</a> design their plans. Every year, they tweak things so premiums stay low, but out-of-pocket costs quietly increase. This pushes patients toward high-deductible health plans that look affordable on paper but become a disaster when someone actually gets sick.
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&#8220;Depending on what&#8217;s going on in the economy, those patients, particularly as they skew a little younger or a little poorer, take low-premium, <a href="https://www.benzinga.com/news/25/02/43985233/mark-cuban-calls-deductibles-the-biggest-problem-in-healthcare-system-needs-to-be-redesigned">high-deductible plans</a>,&#8221; Cuban said. &#8220;Which is good for the insurance companies. You know who it&#8217;s not good for? You guys.&#8221;
By &#8220;you guys,&#8221; Cuban meant the doctors and hospitals who end up taking on the financial risk. If a patient can't pay the deductible, the insurer already got its money, but the provider hasn't. &#8220;You take on all that credit risk,&#8221; Cuban explained. &#8220;And you also take on the brand and reputational risk&#8230; Did you cause the problem? No.&#8221;
<h2 class="wp-block-heading">Doctors Pay Twice: Financially And Emotionally</h2>
Cuban pointed out that many patients are confused by their bills and blame the hospital, not the insurer. &#8220;When everybody talks about the $400 billion in <a href="https://www.benzinga.com/news/25/04/44609989/it-feels-illegal-says-a-patient-after-hospital-forgave-all-their-medical-debt-anyone-dealing-with-medical-bills-should-look-into-this">unpaid medical debt</a>, who gets the blame? You do,&#8221; he said. &#8220;And when the patient&#8217;s angry and looking at all these medical bills, who gets the blame?&#8221;
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He argued this creates a cascade of problems that go beyond money. Doctors feel rushed. Care feels transactional. And fewer people want to stay in the profession. Cuban said his goal is to bring simplicity and fairness back into the equation.
<h2 class="wp-block-heading">The Fix</h2>
One of Cuban&#8217;s solutions is direct contracting. Through his Cost Plus Wellness venture, he&#8217;s working with hospitals and doctors to create deals that <a href="https://www.benzinga.com/personal-finance/25/01/43083417/charlie-munger-said-he-and-warren-buffett-skip-insurance-and-all-rich-should-too-i-can-so-easily-rebuild-a-house-that-would-burn-down">skip insurance companies</a> altogether. &#8220;We go to Stanford and say, &#8216;We know what happens in the relationship between you and the big insurance company,'&#8221; he said. &#8220;Why don&#8217;t you give us a better price?&#8221;
He said most hospitals lose 3% to 5% fighting insurance companies for payment and have to hire massive administrative teams just to handle all the red tape. Meanwhile, they also deal with delays like pre-authorizations that often aren&#8217;t about medical necessity but about how long the insurance company can hold onto the money and earn interest.
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<h2 class="wp-block-heading">Cuban's Message</h2>
Cuban&#8217;s pitch to providers is simple: stop relying on insurance companies and work directly with employers and patients. Publish your prices. Make it easier to understand care costs. And push back on systems that are designed to extract value from you, not create it.
&#8220;If you really want to change the system, you do have the power to do these things,&#8221; Cuban said.&nbsp;
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Mark Cuban Says Taking Low-Premium, High-Deductible Plans Is Great For Insurance Companies. 'You Know Who It's Not Good For? You Guys'

<a href="https://www.benzinga.com/news/large-cap/25/05/45612832/sap-capgemini-mistral-ai-unite-for-offering-solutions-for-regulated-industries">Mistral AI</a>, a Paris-based startup founded by former Meta (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) researchers Guillaume Lample and Timothée Lacroix, is rapidly emerging as a key player in the open-source AI space, and it's doing so with <a href="https://www.benzinga.com/25/05/45609982/elon-musk-rival-ray-kurzweils-beyond-imagination-lands-100m-deal-as-tesla-nvidia-meta-race-toward-ai-powered-humanoid-robots">Meta</a>&#8216;s top talent.
The tech giant is contending with a major loss of talent within its AI division as the architects behind its flagship Llama models exit the company. According to<a href="https://www.businessinsider.com/meta-llama-ai-talent-mistral-2025-5"> Business Insider</a>, only three of the 14 researchers credited on the 2023 Llama paper remain employed at Meta.
Five of the Llama paper's co-authors have joined Mistral in the past 18 months, intensifying scrutiny around Meta's ability to retain top-tier AI personnel, Business Insider reports.
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<h2 class="wp-block-heading">Mistral AI's Rise Comes With $2B Backing And Open-Source Momentum</h2>
Backed by $2 billion in funding, Mistral AI is rapidly gaining ground as one of the most aggressive challengers in the open-source AI space. As reported by <a href="https://techcrunch.com/2025/05/23/what-is-mistral-ai-everything-to-know-about-the-openai-competitor/">TechCrunch</a>, the company is supported by premier venture firms including Andreessen Horowitz, Lightspeed Venture Partners, and Salesforce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), all known for placing high-stakes bets on transformative technologies. Other notable backers include Bpifrance, Xavier Niel, Eric Schmidt, General Catalyst, and BNP Paribas, reflecting deep institutional and individual confidence in Mistral's long-term vision.
Founded in 2023, Mistral is building advanced open-weight AI models that directly compete with Meta's Llama family. Its approach appeals to developers seeking transparency and customization in contrast to the closed nature of proprietary systems. With former Meta researchers such as Marie-Anne Lachaux, Thibaut Lavril, and Baptiste Rozière now working alongside Mistral's founders, the company may lead the next wave of open-source innovation, Business Insider reports.
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Meta's previous dominance in this space was largely defined by its decision to release Llama models with open access to their architecture and training data. According to Business Insider, that move helped validate open-weight large language models as viable alternatives to proprietary giants like OpenAI and Google. But with the original architects of Llama now working elsewhere, Meta's early lead is under pressure.
<h2 class="wp-block-heading">Meta Reshuffles Leadership As Behemoth Model Faces Delays</h2>
Meta's internal AI leadership is undergoing a shift as well. In April, longtime executive Joelle Pineau stepped away from her role leading the Fundamental AI Research group after eight years. Taking over the position is Robert Fergus, a FAIR co-founder and former DeepMind scientist, marking a return to Meta following a five-year stint at Google's AI lab, Business Insider says.
Separately,<a href="https://www.wsj.com/tech/ai/meta-is-delaying-the-rollout-of-its-flagship-ai-model-f4b105f7"> The Wall Street Journal</a> reported that Meta's largest AI model to date, dubbed Behemoth, has been delayed due to internal concerns over performance and direction. Meanwhile, Business Insider notes that developers are increasingly turning to faster-evolving alternatives such as Qwen and DeepSeek following the Llama 4 release.
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Despite investing billions into AI infrastructure, Meta still lacks a model explicitly focused on reasoning tasks, such as multi-step problem-solving or tool use. According to Business Insider, competitors like OpenAI and Anthropic are moving quickly to prioritize those capabilities, and without that strategic leap, Meta's influence over the open-source ecosystem may continue to decline.
Of the 11 researchers who left Meta since the Llama paper's publication, most had been with the company for more than five years, according to LinkedIn profiles reviewed by Business Insider. Some departed as recently as February. Their exits mark a significant shift in Meta&#8217;s AI capabilities and raise questions about the company&#8217;s ability to maintain its leadership in the field.
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Meta's Llama AI Team Suffers Talent Exodus As Top Researchers Join $2B Mistral AI, Backed By Andreessen Horowitz And Salesforce

President Donald Trump&#8216;s approval remained unchanged this week, reflecting a continued pattern of <a href="https://www.benzinga.com/general/market-summary/25/05/45581555/growth-vs-value-expert-views-collide-on-the-impact-of-trumps-big-beautiful-bill" target="_blank" rel="noreferrer noopener">subdued public support in May</a>.
His second-term ratings have consistently trailed behind the average benchmarks, <a target="_blank" href="https://www.usatoday.com/story/news/politics/2025/05/30/president-trump-approval-rating-polls/83947020007/" rel="noreferrer noopener">reports </a>USA Today.
Trump ended April with an average job <a href="https://news.gallup.com/poll/659534/trump-first-quarter-approval-rating-below-average.aspx" target="_blank" rel="noreferrer noopener">approval</a> of 45%, slightly higher than the 41% recorded during the same period in his first term, per a Gallup report.
However, the figure still lags behind the 60% average enjoyed by other presidents during their early terms since 1952, per a <a target="_blank" href="https://www.nytimes.com/interactive/polls/donald-trump-approval-rating-polls.html" rel="noreferrer noopener">report </a>from the New York Times.
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As of May 30, the New York Times&#8217; polling aggregator placed Trump&#8217;s approval rating at 45%, with 52% disapproval.
&#8220;Our average has shown a slight uptick in President Trump&#8217;s approval rating recently,&#8221; writes Ruth Igielnik, Staff editor.
The YouGov/Yahoo News poll <a target="_blank" href="https://www.scribd.com/document/869057574/Yahoo-News-YouGov-Afrikaner-Poll-May-2025" rel="noreferrer noopener">reported </a>41% approval versus 54% disapproval, while a YouGov/Economist survey <a target="_blank" href="https://d3nkl3psvxxpe9.cloudfront.net/documents/econTabReport_WokQXF7.pdf" rel="noreferrer noopener">measured </a>approval at 44% and disapproval at 52%, USA Today reports.
In contrast, a Morning Consult poll <a target="_blank" href="https://pro.morningconsult.com/trackers/donald-trump-congress-policy-republicans-polling" rel="noreferrer noopener">placed </a>Trump&#8217;s approval higher at 48%, with disapproval at 51%.
A separate RMG Research poll <a target="_blank" href="https://napolitannews.org/assets/pdfs/6839c74590fa0-gcm25-0528-toplines-trump-job-approal-and-most-important-issues.pdf" rel="noreferrer noopener">showed </a>Trump narrowly underwater with 49% approval and 50% disapproval.
Over the last week, Trump has made headlines for controversial actions, including granting clemency to a former governor, a rapper, and a gang leader.
He also <a target="_blank" href="https://www.benzinga.com/news/25/05/45610237/trump-targets-usa-hating-judges-immigrants-and-biden-in-capital-letters-on-memorial-day-fear-not-we-have-made-great-progress" rel="noreferrer noopener">addressed the nation on Memorial Day</a> and doubled down on trade tariffs after a court allowed their continued enforcement. Additionally, Trump proposed Canada&#8217;s inclusion in a U.S. missile defense plan—if the country <a target="_blank" href="https://www.benzinga.com/general/space/25/05/45636081/trump-dangles-golden-dome-missile-shield-says-its-free-if-canada-becomes-51st-state-king-charles-fires-back-the-true-north-is-indeed-strong-and-free" rel="noreferrer noopener">agrees to become the 51st state.</a>
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Trump's Approval Ratings Continue To Remain Below Historical Averages

Ulike Air 10 IPL Hair Removal Device is making waves in the at-home beauty tech market—and for good reason. With powerful features designed to rival professional treatments, it's quickly become a go-to option for users seeking salon-level results from the comfort of their own homes.
Priced competitively and often discounted on major retail sites, the Ulike Air 10 stands out for both its performance and design. This latest model offers improved intensity, quicker treatment times, and enhanced user comfort, positioning it well above many rivals in the IPL (intense pulsed light) category. 
&#8220;The Air 10 is the result of a decade of focused IPL expertise — each feature, from Ice Cooling to SHR Mode, is built to deliver professional-grade results with unmatched comfort at home,&#8221;Ulike GM, Leona Liu told Benzinga. 
What Makes the Ulike Air 10 Stand Out?
The Air 10 uses a new-generation IPL dual-light technology that allows for more efficient energy transfer, resulting in faster results with fewer sessions. Most users begin noticing visible hair reduction within just three weeks of regular use. What's especially impressive is the built-in sapphire ice-cooling system that keeps skin temperature regulated during sessions, dramatically minimizing pain or discomfort—something even high-end devices often lack.
Another thoughtful feature is the ergonomic, lightweight design. Unlike bulkier models, the Air 10 fits comfortably in hand, making it easy to target hard-to-reach areas like the bikini line or underarms. The device also includes multiple intensity settings, allowing users to adjust based on skin tone and sensitivity, an important consideration for safe at-home use.
How It Compares to Other Devices
Compared to devices like the RoseSkinCo Lumi, the Ulike Air 10 offers more robust performance and advanced features. While the Lumi is appreciated for its simplicity and lower price point, it lacks features like skin-cooling tech and the same level of intensity control. For those new to IPL or using it on small areas, Lumi may suffice, but for more permanent, full-body results, Air 10 leads the pack.
SheKnows praised the Ulike Air 10 for delivering "professional-level results" at home and called it one of the most effective and comfortable devices in its category. In contrast, alternatives like the SEMINO Advanced Lumea Ace cater to users looking for basic functionality at a reduced cost but may require more frequent treatments to achieve the same outcomes.
Value and Verdict
The Ulike Air 10 IPL usually retails at a premium price point, but ongoing deals often bring the cost down significantly. Recent discounts have made it one of the best-value premium IPL devices currently available. It also comes with a generous warranty and helpful customer support, adding more value to the purchase.
The Bottom Line: If you&#8217;re serious about long-term hair reduction and want a device that balances power, comfort, and speed, the Ulike Air 10 is worth the investment. Its thoughtful design and proven effectiveness make it a top-tier choice in the growing world of home-based beauty tech.

Ulike Air 10 Review: Why Beauty Experts Are Calling It a Game-Changer

Pop artist Kesha is expanding her influence beyond music and into the tech sector with last week's<a href="https://www.instagram.com/p/DJ9jYzwurcB/?igsh=MWE5MHlsNWtmdmhyaA%3D%3D&amp;img_index=3"> announcement</a> of her new startup, Smash, a platform aimed at empowering music creators through collaboration, transparency, and rights protection.
The initiative marks the artist's formal entrance into the <a href="https://www.benzinga.com/news/25/05/45642134/alation-just-bought-numbers-station-an-18-person-ai-startup-born-at-stanford-backed-by-intel-ceo-lip-bu-tan-and-tableaus-mark-nelson">startup</a> world. Kesha, who recently regained ownership of her music and voice following a high-profile legal battle with her former producer, is seeking to rewrite the rules of an industry she calls deeply flawed, according to<a href="https://www.wired.com/story/kesha-smash/"> Wired</a>.
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&#8220;After what I&#8217;ve gone through and seeing the things that I&#8217;ve seen, seeing that the system is really broken. It&#8217;s gatekeeping by people that can do what they want,&#8221; Kesha told Wired in an interview.
<h2 class="wp-block-heading">Smash Seeks To Rebuild The Industry With A Creator-First Approach</h2>
According to Kesha, Smash is envisioned as a &#8220;LinkedIn for music creators&#8221; with a &#8220;Fiverr-style marketplace&#8221; where <a href="https://www.benzinga.com/general/entertainment/24/04/38060686/over-200-artists-including-billie-eilish-and-katie-perry-demand-ai-respect-for-music-rights">artists</a> can offer services, hire one another, and collaborate without giving up rights to their intellectual property. She emphasized to Wired that the platform will eliminate gatekeeping, offering musicians a space to network without needing third-party intermediaries.
&#8220;I want a place where artists and music makers of any kind can have community, they can collaborate, they can hire each other and retain all the rights to everything they create,&#8221; Kesha said. &#8220;There's no gatekeeping of contacts.&#8221;
According to Wired, the platform is currently in its seed funding stage, with no official launch date set.
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<h2 class="wp-block-heading">The Startup Is Led By Seasoned Tech Talent From Apple And Facebook</h2>
According to<a href="https://techcrunch.com/2025/05/23/kesha-is-now-a-startup-founder/"> TechCrunch</a>, Kesha has brought in Alan Cannistraro as Smash's chief technology officer. Cannistraro is a seasoned software engineer who spent 12 years at Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), contributing to the development of early iOS apps. He later joined Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), where he created the popular Year-In-Review feature for Facebook.&nbsp;
Cannistraro also previously founded the social video startup Rheo. His background in building user-centric software products positions Smash with a strong technical foundation, TechCrunch reports.
<h2 class="wp-block-heading">Kesha&#8217;s Personal Mission Energized By Industry Experience</h2>
The inspiration for Smash came to Kesha during what she described as a psychedelic experience that helped clarify her purpose. The app, she told Wired, is about &#8220;building the next dimension&#8221; for creatives who are often underpaid, undervalued, or exploited by traditional music business structures.
&#8220;I want to make sure what happened to me never happens to anyone else again,&#8221; she said.
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Smash arrives as the creator economy continues to grow. According to<a href="https://www.midiaresearch.com/blog/state-of-the-music-creator-economy-the-consumer-era"> MIDiA Research</a>, there were nearly 75.9 million music creators globally at the end of 2023, with that number expected to exceed 198.2 million by 2030.
Along with Smash, Kesha is also preparing to release her sixth studio album, symbolically titled &#8220;.&#8221;, under her own independent label, Kesha Records, on July 4. The timing coincides with her U.S. tour, which is her first as a fully independent artist, Wired reports.
Backed by experienced engineering talent and informed by firsthand industry challenges, Smash may become a key player in reshaping how music creators connect, collaborate, and protect their rights.
Read Next: Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.30/share!</a>
Image: Shutterstock

Pop Icon Kesha Says 'The System Is Broken' As She Launches Smash, A Fiverr-Style Music App Backed To Lead A Creative Revolution

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