La cadena de opciones muestra datos clave de las opciones de acciones de Intelligent Living a varios precios de ejercicio y fechas de vencimiento. Los operadores utilizan esta información para analizar posibles operaciones y evaluar el sentimiento del mercado para Intelligent Living..

Intelligent Living (NASDAQ:ILAG) Bolsa, Cadena de Opciones

Intelligent Living

Intelligent Living Application Group Inc is engaged in the business of manufacturing and selling mechanical locksets. The business is spread across the Unites States, Canada, Australia, and China. Majority of the revenue is generated from the United States.

Intelligent Living Application Group Inc. - Ordinary Shares

Intelligent Living Application Group Inc

Needham analyst David Saxon maintains RxSight (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RXST#NASDAQ">RXST</a>) with a Buy and lowers the price target from $43 to $22.

News

Price Target

Analyst Ratings

RXST

Needham Maintains Buy on RxSight, Lowers Price Target to $22

INFY

Infosys Announced It Is Extending Its Strategic Collaboration With AIB To Support Its Transformation Initiatives And Deliver Support And Value To Its Customers And Stakeholders

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk took to social media platform X (formerly Twitter) to call out the "attacks" against his company amid a <a href="https://www.benzinga.com/markets/equities/25/03/44455245/tesla-vandalism-no-coordinated-efforts-detected-experts-dispute-elon-musk-and-trumps-allegations">wave of vandalism targeted</a> at Tesla properties, cars, and superchargers across the U.S.
What Happened: "Those who financed the attacks against Tesla will go to prison," Musk said in a reply to a post on X.
The original post stated that the current US Attorney General Pam Bondi may launch an investigation into those financing the attacks on Tesla.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Those who financed the attacks against Tesla will go to prison
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1909609011328303211?ref_src=twsrc%5Etfw">April 8, 2025</a></blockquote>
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Musk's post comes as AG Bondi recently shared that the US Department of Justice (DoJ) is seeking a 20-year prison sentence for Cooper Jo Frederick, who is accused of throwing a firebomb at a Tesla dealership in Colorado in March.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Justice is coming. <a href="https://t.co/r9D3SobYT1">pic.twitter.com/r9D3SobYT1</a>
&mdash; Attorney General Pamela Bondi (@AGPamBondi) <a href="https://twitter.com/AGPamBondi/status/1906842919195013241?ref_src=twsrc%5Etfw">March 31, 2025</a></blockquote>
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Bondi has called the attacks against Tesla an act of "domestic terrorism."
Why It Matters: Tesla cars, like the Cybertruck, have been at the receiving end of <a href="https://www.benzinga.com/markets/equities/25/03/44434973/tesla-record-highest-trade-ins-amid-backlash-against-ceo-elon-musk-surge-in-vandalism">vandalism</a> as well as criticism due to Musk's politics, including his role in leading the Department of Government Efficiency under the Trump administration.
Musk had also <a href="https://www.benzinga.com/news/global/24/12/42732904/elon-musk-blasted-as-intrusive-and-presumptuous-for-trying-to-influence-german-elections-toward-far-right-party">endorsed</a> AfD — a German far-right political outfit — in the run up to the general election in the country as well as performed an alleged ‘Nazi salute' at an event commemorating Trump's second term.
In the meantime, the Tesla stock has witnessed a sharp decline in its value in recent weeks, tumbling nearly 48% since Trump's inauguration.
The Trump administration's tariff wars have also raised fears of an economic downturn, with Goldman Sachs hiking the odds of a recession twice in a week, to 45% from 20% earlier.
Musk also had a <a href="https://www.benzinga.com/25/04/44695907/elon-musk-calls-trump-trade-advisor-peter-navarro-dumber-than-sack-of-bricks-defends-tesla-as-the-most-american-made-cars">public squabble</a> with senior Trump advisor Peter Navarro over the incumbent's decision to impose the sweeping tariffs.
This disagreement is one of the most high-profile disagreements between the two after Navarro called Tesla a car "assembler" and not a manufacturer.
Price Action: Tesla's stock has declined over 45% year-to-date, currently trading at $221.86, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by <a href="https://www.benzinga.com/topic/mobility">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/04/44705972/ford-motor-general-motors-to-witness-higher-demand-as-american-automotives-reap-the-fruit-of-protectionism-says-expert-heres-a-list-of-potential-gainers-and-losers">Ford, GM To Witness &#8216;Higher Demand&#8217; As American Carmakers Set To &#8216;Reap The Fruit Of Protectionism,&#8217; Says Expert</a></li>
</ul>
Photo courtesy: Shutterstock

Politics

Tech

TSLA

Elon Musk Warns Those Who Financed Tesla Attacks 'Will Go To Prison'

Government

Contracts

General

Global Net Lease Received A Written Notice From The Government Services Administration Confirming That It Will No Longer Move Forward With Plans To End Its Lease, Meaning The Lease For GNL's Class A Office Building In Franklin, Tennessee, Is Still Active And Unchanged

Collins Aerospace, An RTX Business, Announced Republic Airways As The First Airline To Implement Ascentia Repeaters, The Latest Application As Part Of The Ascentia Predictive Health Maintenance Platform With Nearly 1,300 Tails Utilizing The Solution Today

AFRM

SHOP

Affirm And Shopify Announced The Acceleration Of Their Global Expansion Plans

Jericho Energy Ventures Partnered With AT&T To Install A Minimum Of 10Gbps Of Fiber Optic At Its Initial Modular High Performance Ai Data Center Site In Oklahoma

U.S. stock futures were volatile on Wednesday after the equities reversed gains on Tuesday following President Donald Trump&#8216;s 104% tariff on China. Futures of major benchmark indices were mixed in premarket.
The White House Press Secretary Karoline Leavitt <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44698697/markets-reverse-gains-as-trumps-104-china-tariff-announcement-rattles-wall-street">confirmed that Trump&#8217;s retaliatory</a> 104% tariff on Chinese imports would take effect at 12:01 a.m. ET Wednesday. Her remarks triggered a sharp deterioration in market sentiment and reignited fears of a global trade escalation.
Despite growing geopolitical concerns surrounding China, a new U.S. Chamber of Commerce Foundation <a href="https://www.benzinga.com/news/global/25/04/44700937/us-companies-stick-with-china-as-trump-tariffs-take-effect-report">report highlighted by</a> The Wall Street Journal reveals that most surveyed companies still find significant strategic advantages in staying or growing their operations there.
This finding underscores a divergence between Washington&#8217;s &#8220;selective decoupling&#8221; efforts and the deep reliance of corporate America on China&#8217;s manufacturing, workforce, and consumer base.
Major indices were significantly down from recent highs as of Tuesday&#8217;s close. The S&amp;P 500 was 18.95% lower, the Nasdaq 100 was down 23.10%, and the Dow Jones declined 16.48%, following a week of tariff-driven selloffs.
The 10-year Treasury bond yielded 4.35% and the two-year bond was at 3.80%. However, the CME Group's FedWatch&nbsp;<a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>‘s projections showed markets pricing a 58.3% likelihood of the Federal Reserve keeping the current interest rates unchanged in its May meeting.
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<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.06%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.22%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>0.64%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.17%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, were higher in premarket on Wednesday. The SPY was up 0.30% to $497.98, while the QQQ advanced 0.63% to $418.70, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From Last Session:
Consumer discretionary, materials, and energy sectors led a broad decline in U.S. stocks on Tuesday, as the S&amp;P 500 closed entirely in negative territory.
The selloff intensified after the President&#8217;s 104% tariff.
Among individual tech giants, Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), and Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) saw significant drops, while Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) also traded lower.
In other news, Walgreens Boots Alliance Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>) reported better-than-expected earnings, and small business optimism hit its lowest point since October 2024.
The Dow Jones index slumped 320 points or 0.84% to 37,645.59, whereas the S&amp;P 500 index fell 1.57% to 4,982.77. Nasdaq Composite declined to end 2.15% lower at 15,267.91, and the small-cap gauge, Russell 2000, tumbled 2.73% to 1,760.71.
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<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-2.15%</td>
<td>15,267.91</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-1.57%</td>
<td>4,982.77</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.84%</td>
<td>37,645.59</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-2.73%</td>
<td>1,760.71</td>
</tr>
</tbody>
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Insights From Analysts:
In this environment of heightened uncertainty, Julia Khandoshko, CEO at European broker Mind Money, advises investors to focus on capital preservation rather than chasing high returns.
&#8220;The most rational strategy in the short term is to focus on liquidity, reliable fixed-income instruments, and safe haven assets such as gold. This is not an attempt to make money but a need to preserve capital in conditions of high uncertainty,&#8221; she adds.
Even nations currently enjoying a trade surplus shouldn&#8217;t be complacent, warns Khandoshko. She points to the danger of stagflation – a damaging combination of stalled economic growth and ongoing inflation – using Japan&#8217;s long-lasting difficulties as a stark example.
The widening 3-year SOFR swap spread is signaling <a href="https://www.benzinga.com/government/regulations/25/04/44705659/cathie-wood-points-to-serious-liquidity-issues-as-overnight-borrowing-rate-spreads-widen-o">growing liquidity problems</a> within the U.S. banking system, according to Ark Invest CEO Cathie Wood. She argues that this crisis necessitates swift solutions, including a trade agreement and aggressive Federal Reserve intervention, emphasizing the urgency with &#8220;No more time to waste.&#8221;
This spread, a key indicator of U.S. banking liquidity, represents the difference between the fixed rate in a SOFR-based swap and the yield on a government bond of the same maturity.
SOFR, the Secured Overnight Financing Rate, is the benchmark reflecting the cost of overnight cash borrowing used across various financial transactions, and its widening spread adds to existing concerns about emerging liquidity issues in the U.S. market.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">As Zerohedge notes, this swap spread is suggesting serious liquidity issues in the US banking system. This crisis is calling out for some kind of Mar-a-Lago Accord on free trade, in tandem with serious support from the Fed? No more time to waste. <a href="https://t.co/5VXYqLJemJ">https://t.co/5VXYqLJemJ</a>
&mdash; Cathie Wood (@CathieDWood) <a href="https://twitter.com/CathieDWood/status/1909816910033678801?ref_src=twsrc%5Etfw">April 9, 2025</a></blockquote>
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Meanwhile, Ed Yardeni of Yardeni Research suggests that "Fixed-income investors may be starting to worry that the Chinese and other foreigners might start selling their U.S. Treasuries," after Trump levied 104% tariff duties on China after the latter's retaliation.
Adding to the market unease, credit markets are exhibiting increasing strain, evidenced by a rapidly widening yield spread between high-yield corporate bonds and the 10-year Treasury.
Data from Yardeni indicates this spread reached 407 basis points as of April 7th, signaling declining investor confidence and growing concerns about an economic slowdown or potential recession.
"The good news is that the Fed Put will probably make a quick comeback if this happens," said Yardeni.
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures</a> 
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on Wednesday:
<ul>
<li>February&#8217;s wholesale inventories data will be released by 10:00 a.m., and Richmond Fed President Tom Barkin will speak at 11:00 a.m. ET.</li>
</ul>
<ul>
<li>Minutes of Fed&#8217;s March FOMC meeting will be out by 2:00 p.m. ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>Delta Air Lines Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) declined 1.11% in premarket on Tuesday before the opening bell. Analysts expect a quarterly earnings of 38 cents per share on revenue of $13.02 billion.</li>
<li>Simply Good Foods Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMPL#NASDAQ">SMPL</a>) was up 1.45% as Wall Street expects it to report earnings of 40 cents per share on revenue of $354.43 million before the opening bell.</li>
<li>Constellation Brands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) was down 1.10% ahead of its earnings call after the closing bell. Analysts expect a quarterly earnings of $2.28 per share on revenue of $2.13 billion.</li>
<li>Kura Sushi USA Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KRUS#NASDAQ">KRUS</a>) dropped 3.28% after posting downbeat results for its second quarter. The company also said it sees FY25 total sales of $275 million to $279 million, versus market estimates of $280.741 million.</li>
<li>Aehr Test Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHR#NASDAQ">AEHR</a>) climbed 1.92% after posting better-than-expected earnings and sales results for its third quarter on Tuesday.</li>
<li>Redwire Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDW#NYSE">RDW</a>) was 2.98% higher after it announced to jointly pursue commercial lunar missions with ispace U.S., including NASA CLPS, leveraging Redwire&#8217;s space infrastructure and ispace U.S.&#8217;s lunar transportation.</li>
<li>Marsh &amp; McLennan Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMC#NYSE">MMC</a>) jumped 17.83% as it announced the acquisition of Arthur Hall Insurance on April 2.</li>
<li>Vincerx Pharma Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VINC#NASDAQ">VINC</a>) plunged 52.39% after disclosing that it has terminated the previously announced non-binding Letter of Intent with Global Digital Holdings regarding a potential merger.</li>
<li>Cartesian Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RNAC#NASDAQ">RNAC</a>) tumbled 36.97% after reporting 12-month data for lead cell therapy in myasthenia gravis patients.</li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading lower in the early New York session by 2.59% to hover around $57.82 per barrel.
Gold Spot US Dollar advanced 2.04% to hover around $3,043.09 per ounce. Its fresh record high stood at $3,168.04 per ounce. The U.S. Dollar Index spot was lower by 0.49% at the 102.450 level.
Asian markets were mostly lower on Wednesday. Except for China&#8217;s CSI 300 and Hong Kong's Hang Seng index, India's S&amp;P BSE Sensex, Japan's Nikkei 225, Australia's ASX 200, and South Korea's Kospi index declined. European markets were also lower in early trade.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/04/44705659/cathie-wood-points-to-serious-liquidity-issues-as-overnight-borrowing-rate-spreads-widen-on-spiking-treasury-yields-this-crisis-is-calling-out-for-some-kind-of-mar-a-lago-accord">Cathie Wood Points To &#8216;Serious Liquidity Issues&#8217; As Overnight Borrowing Rate Spreads Widen On Spiking Treasury Yields</a></li>
</ul>
Photo courtesy: Shutterstock

Equities

Futures

Economics

Federal Reserve

Pre-Market Outlook

Markets

Trading Ideas

AAPL

AEHR

AMZN

KRUS

NVDA

RNAC

SMPL

VINC

US Stocks Futures Trade Mixed Ahead Of Opening Bell: 'Preserve Capital In Conditions Of High Uncertainty,' Says Expert

A new study from the Center on Budget and Policy Priorities (CBPP) reveals that millions of senior Americans could be faced with major obstacles under newly announced Social Security policies.
What Happened: The report sheds light on how <a href="https://www.benzinga.com/personal-finance/25/03/44476775/mark-cuban-we-all-want-to-eliminate-corruption-but-what-corruption-do-social-security-office-closures-actually-solve">removing the option for phone applications</a> for retirement and survivor benefits could unduly affect seniors and people with disabilities, particularly in rural areas, according <a href="https://www.cbpp.org/research/social-security/abruptly-eliminating-social-security-phone-services-threatens-access-to">to</a> the CBPP study.
Starting April 8, the Social Security Administration (SSA) no longer lets people apply for retirement or survivor benefits via telephone.
Instead, applicants must either apply online or visit a local SSA field office in person. The CBPP report projects that this change could force at least 6 million to make trips of up to 45 miles to avail of in-person help.
The policy also covers those updating direct deposit information. SSA frames these steps as measures to consolidate fraud protection and identity verification.
See Also: <a href="https://www.benzinga.com/personal-finance/25/04/44682363/aprils-social-security-changes-how-new-rules-could-affect-your-check">April&#8217;s Social Security Changes: How New Rules Could Affect Your Check</a>
Why It Matters: Advocates say the move will make circumstances <a href="https://www.benzinga.com/25/03/44476777/ssa-announces-service-upgrades-and-new-identity-verification-measures-what-it-means-for-you">even more challenging</a> for people already struggling with issues like mobility, access to transportation, or internet access.
"Not everyone drives, particularly seniors or people with disabilities," said Kathleen Romig, CBPP's director of Social Security and disability policy.
She also highlighted that SSA appointments are hard to obtain, with phone wait times averaging two and a half hours and in-person appointments requiring more than 28 days to be confirmed.
Survivor benefits, which are not available online, are particularly impacted.
"All of those people need to go in person to apply for benefits because there is no online option for that," Romig said.
The SSA states that phone access remains an option for general communication, but the CBPP warns that the <a href="https://in.benzinga.com/personal-finance/25/03/44462045/death-record-updates-ai-hearings-and-retired-telephone-services-the-latest-on-social-security-administration-changes">new rules </a>could prevent millions from acquiring essential services.
Critics posit that the burden is especially high for bereaved households, homebound individuals, and those who do not have internet access.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/personal-finance/25/04/44585316/social-security-administration-relaxes-id-verification-rules-after-backlash-from-lawmakers-and-advocates">Social Security Administration Relaxes ID Verification Rules After Backlash From Lawmakers And Advocates</a></li>
</ul>
Photo courtesy: Shutterstock

Millions Of Seniors Could Be Shut Out Of Social Security Services As Phone Applications Get Axed: Study

Kevin O&#8217;Leary of Shark Tank fame says that the European Union&#8217;s &#8220;zero-for-zero&#8221; tariff proposal on industrial goods has offered President Donald Trump a meaningful opportunity to <a href="https://www.benzinga.com/25/04/44698325/trump-tariff-strategy-self-inflicted-market-debacle-says-wedbush-analyst">de-escalate trade tensions</a>.
What Happened: According to O&#8217;Leary, the EU is prepared to remove tariffs on a variety of industrial goods in return for the U.S. doing the same.
O&#8217;Leary posed the move as a grave juncture in global trade negotiations that could have far-reaching impacts.
"This is a really huge opportunity for Trump to find an off-ramp here in the administration," he said <a href="https://www.foxbusiness.com/media/kevin-oleary-says-trump-off-ramp-bid-ease-trade-tensions.amp">on</a> Fox Business.
The deal could remove long-standing barriers for American carmakers in markets like Germany and France. O&#8217;Leary highlighted that the EU "is willing to wipe those out."
See Also: <a href="https://www.benzinga.com/news/global/25/04/44705879/trump-tariffs-push-eu-to-hit-23-billion-in-us-exports-including-orange-juice-poulty-and-steel-from-re">Trump Tariffs Push EU To Hit $23 Billion In US Exports, Including Orange Juice, Poultry, And Steel From Red States</a>
Why It Matters: O&#8217;Leary observed this could alter market sentiment and trade dynamics.
"The Eurozone has been brought to its knees," he said, arguing that such a strategy could set the stage for U.S. negotiations with <a href="https://www.benzinga.com/news/global/25/04/44700937/us-companies-stick-with-china-as-trump-tariffs-take-effect-report">other countries</a>.
"This is the opportunity. This is the moment," he added.
EU Commission President Ursula von der Leyen confirmed the offer, while Trade Commissioner Maroš Šefčovič hinted that the deal could cover sectors like chemicals, pharmaceuticals, and machinery.
O&#8217;Leary's warning indicates that failure to act could extend the instability, but in his view, the EU proposal is the start of a "beautiful outcome" if accepted by the White House.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/25/04/44676267/kevin-oleary-doesnt-believe-tariffs-will-lead-to-a-recession-says-trump-likes-to-actually-let-you-watch-sausage-being-made">Kevin O&#8217;Leary Doesn&#8217;t Believe Tariffs Will Lead To A Recession, Says &#8216;Trump Likes To Actually Let You Watch Sausage Being Made&#8217;</a></li>
</ul>
Photo courtesy: Shutterstock

Global

Kevin O'Leary Calls EU Tariff Proposal A 'Huge Opportunity' For Trump To Find An 'Off-Ramp' Amid Global Market Volatility

SHEN

Glo Fiber, Powered By Shenandoah Telecommunications Company Announced They Have Reached An Agreement To Deploy Fiber-to-the-home Broadband Services To Dover Township And Dover Borough In York County, Pennsylvania

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) investors have &#8220;slid into panic mode&#8221; with shares dropping 23% since Apr. 2, according to Deepwater Asset Management Managing Partner Gene Munster, who warns the situation could deteriorate further amid escalating U.S.-China tensions.
What Happened: &#8220;It&#8217;s going to get ugly with China over the next month, which will intensify the panic,&#8221; Munster wrote Tuesday on X, addressing Apple&#8217;s dramatic selloff as the White House confirmed President Donald Trump&#8216;s 104% retaliatory tariff on Chinese <a href="https://www.benzinga.com/markets/equities/25/04/44704005/trumps-104-tariff-on-chinese-imports-sends-stock-futures-plunging-dow-falls-over-500-points">imports would take effect Wednesday</a>.
Apple shares fell 4.98% to $172.42 on Tuesday as markets reversed earlier gains following the tariff announcement, with investors concerned about potential supply chain disruptions and weakened sales in China.
Despite near-term challenges, Munster remains optimistic about Apple's long-term outlook. He believes that over the next three months, Apple will be &#8220;largely spared&#8221; from the impact of tariffs due to CEO Tim Cook's &#8220;favorable&#8221; relationships with both Trump and Chinese President Xi Jinping.
Munster also suggests that current recession fears are &#8220;already priced in.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Over the past five trading days <a href="https://twitter.com/search?q=%24AAPL&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$AAPL</a> investors have slid into panic mode. Shares are down 23% since April 2. • It&#39;s going to get ugly with China over the next month, which will intensify the panic. • My eyes are on the horizon. Looking out 3 months from now, I believe Apple…
&mdash; Gene Munster (@munster_gene) <a href="https://twitter.com/munster_gene/status/1909707386706710929?ref_src=twsrc%5Etfw">April 8, 2025</a></blockquote>
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</figure>
See Also: <a href="https://www.benzinga.com/markets/equities/25/04/44704930/trump-says-he-warned-tsmc-of-100-tariff-if-it-doesnt-manufacture-in-us-these-chip-companies-are-loaded">Trump Threatened TSMC He&#8217;d Impose Up To 100% Tariffs If It Didn&#8217;t Manufacture Chips In US: &#8216;These Chip Companies Are Loaded&#8217;</a>
Why It Matters: The tariffs have reportedly driven <a href="https://in.benzinga.com/media/25/04/44679666/apple-customers-flock-to-stores-as-tariffs-threaten-to-drive-iphone-prices-up-by-45-report">U.S. consumers to Apple stores seeking to purchase iPhones</a> before potential price increases. According to TechInsights, manufacturing costs could rise by more than 45%, potentially increasing iPhone prices from $580 to $850 per unit.
Bank of America analyst Wamsi Mohan sees Apple&#8217;s valuation <a href="https://in.benzinga.com/analyst-ratings/analyst-color/25/04/44696168/apple-is-a-buying-opportunity-again-as-key-valuation-level-flashes-green-bank-of-america-says">compression as a buying opportunity</a>, noting the company&#8217;s forward price-to-earnings ratio of about 21 times has historically signaled strong future returns, averaging 17% gains one year after similar drops.
&#8220;This storm will pass,&#8221; Munster said. &#8220;Apple&#8217;s brand loyalty remains strong—and will drive an Apple Intelligence upgrade cycle in FY26.&#8221;
Apple performs well on momentum and quality metrics but lags in short- to long-term price trends, according to data from Benzinga Edge Stock Rankings. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Sign up to learn more</a>.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Apple Stock Nosediving Since 'Liberation Day' Tariffs Has Created Panic, Says Gene Munster: Predicts Tim Cook's 'Favorable' Relationship With Trump, Xi Jinping Will Rescue iPhone-Maker

On Tuesday, President Donald Trump presented his latest round of tariffs as a political boost <a href="https://www.benzinga.com/news/25/04/44658760/trumps-trade-war-intensifies-stirring-unease-among-republicans-and-corporate-america">for the GOP</a> leading up to the 2026 midterms.
What Happened: Speaking at a Republican fundraising event in Washington, he insisted they would solidify his party's position on the House, according <a href="https://thehill.com/homenews/house/5239461-trump-tariffs-will-help-house-republican-midterms/">to</a> a report by The Hill.
At the National Republican Congressional Committee dinner, Trump said, "We're going to win the midterm elections and we're going to have a tremendous, thundering landslide."
"I really think we're helped a lot by the tariff situation that's going on, which is a good situation. It's going to be legendary, you watch."
Earlier on Tuesday, he declared an additional 50% tariff on Chinese imports, taking the total levies to 104%.
Meanwhile, several GOP lawmakers supported a <a href="https://www.benzinga.com/25/04/44639682/trump-gets-sued-over-china-tariffs-congress-did-not-grant-presidents-blank-check-to-write-domestic-policy">bipartisan move to impose limits on unilateral tariff actions</a>.
Trump trivialized these initiatives, saying, "These countries are calling me up kissing my a&#x2A;&#x2A;… you don't negotiate like I negotiate."
See Also: <a href="https://www.benzinga.com/25/04/44679410/elizabeth-warren-urges-gop-to-grow-a-spine-as-trumps-tariff-push-sends-markets-tumbling">Elizabeth Warren Slams Trump&#8217;s Tariff Policy As Markets Tank, Retirement Accounts Suffer And Americans Panic</a>
Why It Matters: Trump&#8217;s tariff strategy has flustered markets globally and ignited <a href="https://www.benzinga.com/markets/25/04/44657109/amid-tariff-turmoil-heres-why-mike-johnson-and-john-thune-stand-by-trump">bipartisan concerns</a> in Congress.
Some Republicans, like Rep. Don Bacon (R-Neb.) and Sen. Chuck Grassley (R-Iowa), are <a href="https://www.benzinga.com/25/04/44703811/elizabeth-warren-says-congress-has-power-to-pull-our-economy-back-from-the-brink-as-don-bacon-moves-to-limit-trumps-tariff-power-need-a-handful-of-republicans-not-to-bend-a-knee">advocating for legislation</a> that would restrict presidential control over tariffs.
Democrats, pointing to rising prices, are labelling the tariffs as a liability. "Republicans are raising prices for families," said DCCC Chair Suzan DelBene, warning of long-term global fallout: "He can break things very easily, and it's hard to put them back together."
While Trump is betting that his trade moves will rally the GOP base, opposition from within his party and criticism from Democrats suggest that tariffs could become a flashpoint in the 2026 campaign.
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Photo courtesy: Shutterstock

Trump Predicts 'Tremendous, Thundering Landslide' In 2026 Midterms, Says Tariffs Will Help Republicans Win Big

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) completed an urgent logistics operation in late March, transporting five planeloads of iPhones and other products from manufacturing centers in India and China to the U.S. within 72 hours.
What Happened: The rapid shipments came as the company raced to beat President Donald Trump&#8217;s new 10% reciprocal tariff on imports that took effect on Apr. 5, senior Indian officials <a href="https://timesofindia.indiatimes.com/technology/mobiles-tabs/how-apple-flew-5-flights-full-of-iphones-from-india-and-china-in-3-days-to-beat-trump-tariffs/articleshowprint/120044321.cms?val=3728">confirmed</a> to The Times of India.
A <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44700191/apple-shares-drop-as-trumps-104-china-tariff-escalation-sparks-market-reversal-whats-going-on">steeper 104% retaliatory tariff</a> on Chinese goods was implemented on Wednesday.
Factories in India, China, and other major locations began shipping products to the U.S. ahead of the tariff hikes, according to the report. This stockpiling strategy has reportedly allowed Apple to build up several months&#8217; worth of inventory in its U.S. warehouses at pre-tariff rates.
The strategic maneuver comes as Apple shares have <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44700191/apple-shares-drop-as-trumps-104-china-tariff-escalation-sparks-market-reversal-whats-going-on">plummeted 23% since Apr. 2</a>, reflecting investor anxiety over escalating U.S.-China trade tensions. The stock fell an additional 6.59% to $169.50 on Tuesday after the White House confirmed the tariffs would proceed without delay or exemptions.
Apple did not immediately respond to&nbsp;<a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga</a>'s request for comment.
See Also: <a href="https://www.benzinga.com/markets/bonds/25/04/44705998/palantir-co-founder-joe-lonsdale-questions-if-china-is-dumping-treasuries-tesla-director-kimbal-musk-says-beijing-playing-fed-chicken-with-trump-ahead-of-65-trillion-refinance-deadline">Palantir Co-Founder Joe Lonsdale Asks If China Is Dumping Treasuries As Yields Spike</a>
Why It Matters: Tech industry analyst Gene Munster of Deepwater Asset Management warned investors the situation could deteriorate further, writing on social media: &#8220;It&#8217;s going to get ugly with China over the next month, which will intensify the panic.&#8221;
TechInsights estimates manufacturing costs could increase by over 45% due to the tariffs, potentially raising iPhone production <a href="https://in.benzinga.com/media/25/04/44679666/apple-customers-flock-to-stores-as-tariffs-threaten-to-drive-iphone-prices-up-by-45-report">costs from $580 to $850 per unit</a>. This prospect has reportedly driven U.S. consumers to Apple stores seeking to purchase devices before potential price increases.
The tariff structure poses a pricing challenge for Apple, with Indian exports facing a 26% tariff, while Chinese goods are now subject to a significantly higher 54% rate, with an <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44700191/apple-shares-drop-as-trumps-104-china-tariff-escalation-sparks-market-reversal-whats-going-on">additional 50% imposed on Tuesday</a>.
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<li><a href="https://www.benzinga.com/government/regulations/25/04/44705659/cathie-wood-points-to-serious-liquidity-issues-as-overnight-borrowing-rate-spreads-widen-on-spiking-treasury-yields-this-crisis-is-calling-out-for-some-kind-of-mar-a-lago-accord">Cathie Wood Points To &#8216;Serious Liquidity Issues&#8217; As Overnight Borrowing Rate Spreads Widen On Spiking Treasury Yields: &#8216;This Crisis Is Calling Out For Some Kind Of Mar-a-Lago Accord&#8217;</a></li>
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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.

Apple Reportedly Flew 5 Flights Of iPhones Ahead Of Trump's 104% Tariffs On China Taking Effect: Stock Sinks Amid Esclating US-China Trade Tensions

The Internal Revenue Service (IRS) has agreed to share certain tax information of undocumented taxpayers with Immigration and Customs Enforcement (ICE).
What Happened: The IRS's decision to share tax information with ICE was revealed in a document submitted against the court filing by the Department of Homeland Security (DHS). The document questions the legality of this type of data sharing, <a href="https://www.nbcnews.com/news/latino/irs-share-taxpayer-info-ice-immigrants-rcna200250">reported</a> the NBC News. &#8220;There is an agreement that calls for information sharing, which is a reversal of what IRS said in the past it would not share,&#8221; said Alan Morrison the counsel on the case.
The agreement allows ICE officials to request information from the IRS about individuals ordered to leave the U.S. or those under investigation. This move is seen as part&nbsp;of President Donald Trump's mass&nbsp;deportation operation. Despite many without legal status paying billions in taxes, releasing personal tax information is considered illegal. 
However, the law includes certain exceptions—such as when the information is used for non-tax-related investigations involving allegations or suspicions of violations of federal criminal law. Counsel Morrison stated that so far the deal is restricted to those exceptions.
Speaking about the Trump administration&#8217;s plans, Nina Olson, the executive director of the Center for Taxpayer Rights and a former top I.R.S. official told the New York Times, &#8220;It's unprecedented."
In another development, USA Today reported that Acting IRS Commissioner Melanie Krause is expected to resign, becoming the third leadership change at the agency since January. Her departure follows the IRS&#8217;s controversial decision to share tax data with the ICE.
SEE ALSO:&nbsp;<a href="https://benzinga.com/markets/25/04/44677285/elon-musks-brother-and-tesla-board-member-kimbal-musk-calls-trump-most-high-tax-american-president-in-gen" target="_blank" rel="noreferrer noopener">Elon Musk&#8217;s Brother Kimbal Musk Calls Trump &#8216;Most High Tax American President In Generations,&#8217; Warns Tariffs Are A &#8216;Permanent Tax&#8217; On US Consumers</a>
Why It Matters: This policy shift comes in the wake of President Trump&#8217;s aggressive stance on immigration. For months, IRS officials had resisted revealing closely protected information, but Trump has since installed new leadership at the agency who are more supportive of his plan to share taxpayer data.
On Monday, Trump<a href="https://www.benzinga.com/politics/25/04/44680699/alien-enemies-act-survives-court-challenge-trump-gains-green-light-for-swift-deportations"> received the green light </a>to enforce the centuries-old Alien Enemies Act, enabling faster deportations of suspected gang members. 
However, experts have raised concerns about the feasibility of Trump&#8217;s mass deportation plan, estimating it could cost nearly $1 trillion <a href="https://www.benzinga.com/news/25/02/43420568/its-going-to-be-impossible-experts-doubt-feasibility-of-trumps-deportation-plan-experts-estimate-nearly-1-trillion-spend-in-10-yearspresident-donald-trumps-pledge-t">over a decade</a>. The IRS&#8217;s decision to share tax information could potentially expedite the deportation process, but it remains to be seen how this will impact the overall cost and feasibility of the operation.
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<li>READ MORE:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/04/44699720/bitcoin-ethereum-xrp-dogecoin-extend-losses-as-white-house-hammers-chinese-goods-with-104-tariff" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum, XRP, Dogecoin Extend Losses As White House Hammers Chinese Goods With 104% Tariff &#8211; Benzinga</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.

IRS Reverses Stance, Will Hand Over Undocumented Taxpayer Info To Immigration Authorities: 'It's Unprecedented'

Shares of Venus Concept Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERO#NASDAQ">VERO</a>) rose sharply in today's pre-market trading after the company announced it secured $23.24 million in bridge financing from <a href="https://www.benzinga.com/quote/vero">Madryn Health Partners</a>.
Venus Concept shares jumped 201% to $8.67 in pre-market trading
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Femto Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FMTO#NASDAQ">FMTO</a>) rose 95.7% to $5.50 in pre-market trading after gaining around 390% on Tuesday.</li>
<li>Scworx Corp (NASDA: WORX) rose 70.8% to $1.36 in pre-market trading after gaining 7% on Tuesday.</li>
<li>Flushing Financial Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIC#NASDAQ">FFIC</a>) surged 53.1% to $17.00 in pre-market trading.</li>
<li>TNL Mediagene (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TNMG#NASDAQ">TNMG</a>) gained 37.1% to $0.73 in pre-market.</li>
<li>Webster Financial Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WBS#NYSE">WBS</a>) rose 36.4% to $56.99 in pre-market trading.</li>
<li>Antelope Enterprise Holdings Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHL#NASDAQ">AEHL</a>) rose 30.6% to $2.85 in pre-market trading after dipping over 15% on Tuesday.</li>
<li>Viper Energy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNOM#NASDAQ">VNOM</a>) gained 25.7% to $46.00 in pre-market trading.</li>
<li>Bit Origin Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTOG#NASDAQ">BTOG</a>) gained 23.7% to $0.18 in pre-market trading after gaining 22% on Tuesday.</li>
<li>Marsh &amp; McLennan Companies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMC#NYSE">MMC</a>) surged 17.8% to $260.00 in pre-market trading. On April 2, Marsh McLennan Agency announced the acquisition of Arthur Hall Insurance.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Vincerx Pharma Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VINC#NASDAQ">VINC</a>) fell 54.1% to $0.25 in pre-market trading. Vincerx Pharma disclosed that it has terminated previously announced non-binding Letter of Intent with Global Digital Holdings regarding a potential merger.</li>
<li>Cartesian Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RNAC#NASDAQ">RNAC</a>) shares tumbled 37% to $6.00 in pre-market trading. Cartesian Therapeutics, on Tuesday, reported 12-month data for lead cell therapy in myasthenia gravis patients.</li>
<li>Enhabit Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EHAB#NYSE">EHAB</a>) fell 35.5% to $5.00 in today's pre-market trading.</li>
<li>CCC Intelligent Solutions Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCCS#NASDAQ">CCCS</a>) shares dipped 34.8% to $5.40 in pre-market trading.</li>
<li>Smith Douglas Homes Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SDHC#NYSE">SDHC</a>) fell 32.5% to $12.00 in pre-market trading after dipping 10% on Tuesday.</li>
<li>Incannex Healthcare Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IXHL#NASDAQ">IXHL</a>) shares fell 29% to $0.60 in pre-market trading after surging 70% on Tuesday.</li>
<li>SaverOne 2014 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SVRE#NASDAQ">SVRE</a>) shares fell 28.2% to $2.59 in pre-market trading after gaining 11% on Tuesday.</li>
<li>Donegal Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DGICA#NASDAQ">DGICA</a>) fell 27.3% to $13.10 in pre-market trading. Donegal Group will release its results for first quarter on Thursday, April 24, before the opening bell.</li>
<li>Ambac Financial Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMBC#NYSE">AMBC</a>) declined 24.1% to $5.00 in pre-market trading.</li>
<li>LXP Industrial Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXP#NYSE">LXP</a>) dipped 17.7% to $5.94 in pre-market trading. LXP Industrial Trust will release its first quarter financial results on Thursday, May 1.</li>
</ul>
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<li><a href="https://www.benzinga.com/25/04/44684755/top-3-industrials-stocks-you-may-want-to-dump-this-month">Top 3 Industrials Stocks You May Want To Dump This Month</a> </li>
</ul>
Photo via Shutterstock

AEHL

AMBC

BTOG

CCCS

DGICA

EHAB

FFIC

FMTO

IXHL

SDHC

SVRE

TNMG

VERO

VNOM

WORX

Why Venus Concept Shares Are Trading Higher By Over 200%; Here Are 20 Stocks Moving Premarket

Argentina's Chamber of Deputies approved a probe Tuesday into the scam-tainted LIBRA token that has embroiled Javier Milei's administration in controversy.
What happened: The lower house voted in favor of three draft resolutions, including the creation of an investigative commission, the questioning of executive branch officials, and a request for information from the government, to investigate the Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)-based cryptocurrency whose pump-and-dump action eroded millions of dollars in investors' wealth.
Representative Germán Martínez from the main opposition bloc, Union for the Homeland, stated, &#8220;In a global moment like the one we are experiencing, we must ensure that politics does not become unfocused."
On the other hand, the leader of the ruling La Libertad Avanza party, Gabriel Bornoroni, said that the opposition was "creating a show" to divert attention away from the government&#8217;s fiscal surplus achievements in 2024.
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/25/04/44677895/another-crypto-firm-set-to-go-public-galaxy-digital-foresees-nasdaq-listing-soon-after-sec-approves-delaware-move">Another Crypto Firm Set To Go Public: Galaxy Digital Foresees Nasdaq Listing Soon After SEC Approves Delaware Move</a>
Why It Matters: The president <a href="https://in.benzinga.com/25/02/43769603/argentinas-stock-market-plummets-amid-milei-meme-coin-controversy">publicly endorsed</a> the LIBRA token in February, causing it to gain billions in market capitalization, only to crash 90% within the next few hours. As of this writing, the token was down 98% from its peak.
The crash sparked allegations of a rug pull, with a <a href="https://in.benzinga.com/news/global/25/03/44296984/libra-token-fallout-argentine-lawyer-demands-extradition-of-project-creator-from-us">renowned Argentine lawyer </a>demanding the international arrest of Hayden Davis, a U.S.-based cryptocurrency entrepreneur allegedly involved in the token launch.
Milei said that he never promoted the coin, and anyone who invested in the coin did so voluntarily. The president has faced calls for impeachment and criminal charges <a href="https://in.benzinga.com/25/02/43761407/argentinas-javier-milei-faces-impeachment-for-promoting-tainted-libra-memecoin-that-pumped-and-dumpedpresidents-office-orders-inquiry">against him</a> over the scandal.
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Image Via Shutterstock

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

Cryptocurrency

$SOL

Argentina's Congress Approves Investigation Of Scam-Ridden LIBRA Token Promoted By President Javier Milei

President Donald Trump's net worth has taken a major blow after the rollout of his <a href="https://www.benzinga.com/markets/equities/25/04/44704005/trumps-104-tariff-on-chinese-imports-sends-stock-futures-plunging-dow-falls-over-500-points">far-reaching new tariffs</a>.
What Happened: Within days, Trump&#8217;s estimated net worth declined by nearly $600 million, dropping from $4.7 billion to $4.1 billion, according to an analysis <a href="https://www.forbes.com/sites/danalexander/2025/04/08/trumps-net-worth-drops-500-million-as-tariffs-upend-global-economy/">by</a> Forbes.
The <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44699965/biggest-tax-hike-since-1982-trumps-tariff-strategy-faces-harsh-economic-forecast">biggest impact </a>came from Trump Media and Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>), which dropped 8% over three sessions, with the value of his holding declining by $170 million in this period.
Commercial real estate losses—catalyzed by falling property stock values—added an approximate $90 million in declines. Golf and hospitality assets were also impacted as investor anxieties and potential consumer cutbacks affected leisure-sector valuations.
A larger decline in residential real estate and a hit to Trump's crypto-linked profits further added to the downturn.
See Also: <a href="https://www.benzinga.com/general/social-media/25/04/44705344/ray-dalio-says-dont-make-the-mistake-of-thinking-whats-happening-now-is-due-to-trump-tariffs">Ray Dalio Says Don&#8217;t Make The Mistake Of Thinking What&#8217;s Happening Now Is Due To Trump Tariffs</a>
Why It Matters: Though Trump's businesses are not directly reliant on imported goods, the tariff-induced market chaos is still impacting him. Asset prices across sectors connected to discretionary spending and confidence are being driven down amidst market volatility.
Trump's financial setback demonstrates how <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44698697/markets-reverse-gains-as-trumps-104-china-tariff-announcement-rattles-wall-street">policy-driven market volatility</a> can impact even the wealthiest players in the market.
While his team says he is acting in national interest, the fallout from his <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44670683/peter-schiff-says-trumps-tariffs-are-dumber-than-a-strategic-bitcoin-reserve">most recent tariffs</a> may continue to corrode the value of his assets, especially in image-driven sectors like real estate, media, and leisure.
Read Next:
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<li><a href="https://www.benzinga.com/news/25/04/44705011/steve-eisman-of-big-short-fame-says-no-amount-of-fundamental-research-can-help-navigate-trumps-tariff-war-throw-it-out-of-the-window">Steve Eisman Of &#8216;Big Short&#8217; Fame Says No Amount Of Fundamental Research Can Help Navigate Trump&#8217;s Tariff War, &#8216;Throw It Out Of The Window&#8217;</a></li>
</ul>
Photo courtesy: Shutterstock

Trump's Tariff Push Drags Down His Personal Fortune — Here's How Much The Billionaire President Has Lost Since 'Liberation Day'

<h3>Companies Reporting Before The Bell</h3>
• Neogen (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEOG#NASDAQ">NEOG</a>) is projected to report quarterly earnings at $0.12 per share on revenue of $224.23 million. 
• Target Hospitality (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TH#NASDAQ">TH</a>) is likely to report quarterly loss at $0.03 per share on revenue of $29.18 million. 
• Theratechnologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/THTX#NASDAQ">THTX</a>) is projected to report quarterly loss at $0.02 per share on revenue of $29.18 million. 
• Delta Air Lines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) is expected to report quarterly earnings at $0.80 per share on revenue of $13.39 billion. 
• Simply Good Foods (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMPL#NASDAQ">SMPL</a>) is estimated to report earnings for its second quarter. 
<h3>Companies Reporting After The Bell</h3>
• Richardson Electronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RELL#NASDAQ">RELL</a>) is estimated to report quarterly earnings at $0.10 per share on revenue of $56.90 million. 
• Pure Cycle (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCYO#NASDAQ">PCYO</a>) is projected to report earnings for its second quarter. 
• Lakeland Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAKE#NASDAQ">LAKE</a>) is likely to report quarterly earnings at $0.44 per share on revenue of $47.10 million. 
• BBB Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TBBB#NYSE">TBBB</a>) is likely to report quarterly earnings at $0.04 per share on revenue of $789.13 million. 
• Calamos Glb Total (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGO#NASDAQ">CGO</a>) is likely to report earnings for its second quarter. 
• Constellation Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) is projected to report quarterly earnings at $2.49 per share on revenue of $2.24 billion. 
• Pricesmart (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSMT#NASDAQ">PSMT</a>) is estimated to report quarterly earnings at $1.41 per share on revenue of $1.34 billion. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

LAKE

NEOG

PCYO

PSMT

RELL

TBBB

THTX

Earnings Scheduled For April 9, 2025

Dave Portnoy, the founder of Barstool Sports, has reportedly lost $20 million in stocks and cryptocurrency due to the market downturn triggered by President Donald Trump&#8216;s tariffs.
What Happened: Portnoy, a staunch Trump supporter, disclosed the loss on his financial livestream &#8220;Davey Day Trader&#8221;. Initially, he estimated a loss of $7 million following last week&#8217;s market plunge, but later revised the figure to $20 million, which accounts for up to 15% of his net worth, <a href="https://fortune.com/2025/04/08/dave-portnoy-trump-tariffs-stock-market-meltdown-crypto-bloodbath/">Fortune</a> reported.
Despite the substantial loss, Portnoy remains committed to supporting Trump, whom he referred to as &#8220;a smart guy&#8221;. He believes Trump is playing a high-stakes game with the tariffs and plans to &#8220;roll with him&#8221; to see how the situation unfolds.
Other influential figures such as hedge fund manager Bill Ackman and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk have also expressed their concerns about the tariffs, which are set to take effect on Wednesday.
See Also:&nbsp;<a href="https://benzinga.com/news/25/04/44703466/dave-portnoy-says-what-many-are-thinking-if-bitcoins-supposed-to-be-independent-of-dollar-why-does-it-trade-" target="_blank" rel="noreferrer noopener">Dave Portnoy Says What Many Are Thinking, &#8216;If Bitcoin&#8217;s Supposed To Be Independent of Dollar, Why Does It Trade Just Like The Stock Market?&#8217;</a>
Why It Matters: The tariffs imposed by Trump have had a significant impact on the market, including the cryptocurrency sector. Since Trump&#8217;s inauguration, the total cryptocurrency market capitalization has <a href="https://in.benzinga.com/markets/cryptocurrency/25/04/44662677/trumps-tariff-moves-have-hammered-crypto-market-but-this-large-cap-coin-holds-steady">shrunk by nearly 32%</a>, wiping out more than a trillion dollars in investors&#8217; wealth. Ackman, in a social media post, warned against the potential economic <a href="https://in.benzinga.com/25/04/44659521/bill-ackman-warns-against-launching-economic-nuclear-war-wants-a-90-day-time-out-on-trump-tariffs">repercussions of escalating tariffs</a> under President Trump. He highlighted that business relies heavily on trust and confidence.
Portnoy, in a recent post, questioned the correlation between the <a href="https://in.benzinga.com/news/25/04/44703466/dave-portnoy-says-what-many-are-thinking-if-bitcoins-supposed-to-be-independent-of-dollar-why-does-it-trade-just-like-the-stock-market">U.S. stock market</a> and Bitcoin. His question resonated with many in the crypto world, highlighting the impact of the tariffs on both the stock and crypto markets.
Meanwhile, as President Donald Trump‘s tariff hike rattled global markets, billionaires like Musk, Jeff Bezos, and Mark Zuckerberg saw their fortunes tumble. In 2025, Musk lost $143 billion, Bezos saw a $47.2 billion decline in his wealth, and Zuckerberg&#8217;s net worth dropped by $26.5 billion, according to the Bloomberg Billionaires Index. Meanwhile, the ‘Oracle of Omaha&#8217;—Buffett—<a href="https://www.benzinga.com/tech/25/04/44658417/warren-buffett-stands-tall-in-2025-as-elon-musk-jeff-bezos-and-mark-zuckerberg-bleed-billions-in-net-worth-oracle-of-omaha-emerges-as-lone-gainer-among-top-billionaires-amid-market-rout" target="_blank" rel="noreferrer noopener">stood out as the only top 10 billionaire</a> to post a year-to-date net worth gain in 2025.
On Tuesday, the Dow Jones Industrial Average, tracked by SPDR Dow Jones Industrial Average ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>), dropped 320 points, or 0.84%, to close at 37,645.59 after falling more than 4000 points in the last five sessions. The S&amp;P 500, tracked by SPDR S&amp;P 500 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), slipped 1.57% to finish at 4,982. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Read Next:&nbsp;<a href="https://benzinga.com/25/04/44677880/apple-reportedly-plans-to-move-more-iphone-production-to-india-amid-trump-tariff-fearscould-this-solve-the-300-pr" target="_blank" rel="noreferrer noopener">Apple Reportedly Plans To Move More iPhone Production To India Amid Trump Tariff Fears: Could This Solve The Potential 40% Price Hike?</a>
Image via Shutterstock

SPDR Dow Jones Industrial Average ETF Trust

Dave Portnoy Loses $20 Million In Market Crash Sparked By Trump Tariffs — But Still Thinks The President Is A 'Smart Guy'

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Intelligent Living Application Group Inc. Announces the Launch of its Smart Lock to Play a Role in $4.95 Billion Market

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