La cadena de opciones muestra datos clave de las opciones de acciones de Linkage Global 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 Linkage Global..

Linkage Global (NASDAQ:LGCB) Bolsa, Cadena de Opciones

Linkage Global

Linkage Global Inc is a cross-border e-commerce integrated service provider. It provides international e-commerce merchants, overseas brands, import and export trading enterprises, etc. with a globally selected supply chain, digital marketing, e-commerce training, international store, ERP and e-commerce software, social e-commerce and other e-commerce integrated services. The Company has two operating segments: Extend from Japan, and Other Subsidiaries from Hong Kong. The company is Committed to building a one-stop cross-border integrated service platform to make cross-border trade easier. Company operates in Japan, Hong Kong and China, with maximum revenue from Japan.

Linkage Global Inc - Class A Ordinary Shares

Linkage Global Inc

President Donald Trump launched a criticism of electric vehicle mandates and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk on Tuesday, suggesting his former government efficiency advisor&#8217;s empire depends entirely on federal subsidies.
What Happened: &#8220;Elon may get more subsidy than any human being in history, by far, and without subsidies, Elon would probably have to close up shop and head back home to South Africa,&#8221; Trump wrote on Truth Social. &#8220;No more Rocket launches, Satellites, or Electric Car Production, and our Country would save a fortune.&#8221;
The president&#8217;s broadside comes amid Tesla&#8217;s deteriorating market position and Musk&#8217;s ongoing criticism of Trump&#8217;s &#8220;Big Beautiful Bill,&#8221; a nearly 1,000-page spending and tax package. Trump specifically suggested the Department of Government Efficiency (DOGE), which Musk previously headed, should examine billions in subsidies flowing to his companies.
Tesla faces mounting headwinds across key markets. Sales in <a href="https://www.benzinga.com/markets/tech/25/06/46162850/tesla-sales-in-canada-have-dropped-to-nearly-zero-says-researcher-expects-elon-musk-led-ev-giant-may-report-losses-starting-2026">Canada plummeted 87% in Quebec during the first quarter of 2025</a>, with researcher Troy Teslike warning the company may report GAAP losses starting in the first quarter of 2026. Tesla continues operating 35 Canadian stores despite near-zero sales. 
The EV mandate criticism reflects Trump&#8217;s campaign promise to roll back former President Joe Biden-era clean energy incentives. &#8220;Electric cars are fine, but not everyone should be forced to own one,&#8221; Trump stated, emphasizing his consistent opposition predated Musk&#8217;s presidential endorsement.
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="665" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01011053/image-1024x665.png" alt="" class="wp-image-967842" style="width:391px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01011053/image-1024x665.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01011053/image-300x195.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01011053/image-768x499.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01011053/image.png 1192w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
See Also: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46186180/raoul-pal-says-robinhood-letting-users-trade-openai-spacex-through-blockchain-is-democratization-of-finance-end-of-public-vs-private-markets-has-begun">Raoul Pal Says Robinhood Letting Users Trade OpenAI, SpaceX Through Blockchain Is &#8216;Democratization Of Finance&#8217; — End Of Public Vs Private Markets Has Begun</a>
Why It Matters: The feud reignited tensions between the former allies following Musk&#8217;s June departure from the Trump administration. Musk, who reportedly <a href="https://www.benzinga.com/news/politics/25/06/46166058/elon-musk-birthday-trump-tax-bill-economy">contributed over $250 million to Trump&#8217;s 2024 campaign</a>, has repeatedly attacked the spending bill as &#8220;utterly insane and destructive.&#8221; The Congressional Budget Office estimates the legislation would increase federal deficits by more than $3 trillion over a decade.
Tesla&#8217;s stock has declined amid political controversy surrounding Musk&#8217;s government role. His net worth, which peaked at $440 billion in December, dropped to $363 billion following Tesla&#8217;s <a href="https://www.benzinga.com/news/politics/25/05/45710505/elon-musks-government-efficiency-push-a-closer-look-at-his-financial-gains-and-losses">value erosion and vandalism</a> targeting dealerships during his government tenure.
The president&#8217;s subsidy criticism carries particular weight given SpaceX&#8216;s reliance on NASA contracts and Tesla&#8217;s dependence on EV tax credits. 
Read Next: 
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</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Equities

News

SPACE

Politics

Markets

TSLA

Trump Says Elon Musk Would 'Close Up Shop And Head Back Home To South Africa' Without Subsidies: 'No More Rocket Launches, Satellites, Or Electric Car'

Elon Musk&#8216;s xAI has successfully secured a massive $10 billion in fresh debt and equity. This move is a bid to expand AI infrastructure through data centers, amidst intensifying industry competition.
What Happened: Musk&#8217;s xAI has completed a $5 billion debt raise alongside a separate $5 billion strategic equity investment, reported Reuters. 
Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) said, in a post on X, that the debt raise includes financing of secured notes and term loans. The bank said the deal was oversubscribed and attracted prominent global debt investors. The equity investment is aimed at supporting xAI&#8217;s continued development of AI solutions, a data center, and its flagship Grok platform, the bank stated.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Morgan Stanley is pleased to announce the successful completion of a $5 billion financing of Secured Notes and Term Loans for <a href="https://twitter.com/xai?ref_src=twsrc%5Etfw">@xAI</a>, a leading innovator in artificial intelligence technology. This transaction, which was oversubscribed and included prominent global debt investors,… <a href="https://t.co/0QM5jruviN">pic.twitter.com/0QM5jruviN</a>
&mdash; Morgan Stanley (@MorganStanley) <a href="https://twitter.com/MorganStanley/status/1939768047780172184?ref_src=twsrc%5Etfw">June 30, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://benzinga.com/markets/macro-economic-events/25/06/46163141/trump-says-hell-skip-trade-deals-set-global-tariffs-with-a-letter-pay-a-25-tariff-o">Trump Says He&#8217;ll Skip Trade Deals, Set Global Tariffs With A Letter: &#8216;Pay A 25% Tariff, Or 20%, Or 40 Or 50%&#8217;</a>
The company is also in talks to raise about $20 billion in equity, which would value the company at more than $120 billion, with some investors placing valuations as high as $200 billion.
Why It Matters: This recent development comes just weeks after reports emerged that xAI was <a href="https://www.benzinga.com/markets/bonds/25/06/45853241/elon-musks-xai-seeks-5-billion-via-morgan-stanley-amid-trump-rift-and-2022-twitter-debt-hangover-report">rapidly exhausting its financial reserves</a>, with estimates suggesting a staggering monthly expenditure of approximately $1 billion. This underscores the extraordinary capital demands of developing sophisticated <a href="https://www.benzinga.com/opinion/25/06/46036767/musks-xai-reportedly-burns-1-billion-monthly-why-that-matters-to-ai-investors">AI systems</a> in today&#8217;s fiercely competitive landscape, raising crucial questions for investors regarding the long-term viability of AI startups operating outside the umbrella of tech giants with deep pockets.
According to an earlier report, xAI had also been in talks to raise $4.3 billion through an equity investment on top of its $5 billion debt funding plans. This move, <a href="https://www.benzinga.com/25/05/45413741/elon-musk-wants-a-proper-value-for-xai-after-6-billion-raise-100000-gpus-and-a-quiet-100-million-deal-most-missed">coupled with</a> the recent debt and equity raise, signifies xAI&#8217;s aggressive pursuit of capital to stay ahead in the AI arms race.
Meanwhile, the AI industry has been witnessing significant shifts, with <a href="https://www.benzinga.com/markets/tech/25/06/45943342/google-microsoft-elon-musks-xai-reportedly-cut-ties-with-scale-ai-after-mark-zuckerbergs-meta-buys-stake">major players like</a> Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) and Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) making strategic moves to advance their AI capabilities. This latest development from xAI is expected to further intensify the <a href="https://www.benzinga.com/tech/25/02/43761023/elon-musks-xai-to-unveil-grok-3-on-monday-as-ai-race-with-chatgpt-parent-openai-and-chinas-deepseek-heats-up">competition</a> in the industry. 
Photo Courtesy: JRdes on Shuttertsock.com
Read Next: 
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<li><a href="https://benzinga.com/markets/tech/25/06/46186013/mark-zuckerberg-once-predicted-that-this-technology-would-replace-your-phone-a-decade-later-how-far-">Mark Zuckerberg Once Predicted That This Technology Would Replace Your Phone — A Decade Later, How Far Is Meta From Delivering On A &#8216;More Natural&#8217; Future</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tech

GOOG

GOOGL

MSFT

Elon Musk's xAI Secures $10 Billion In Debt And Equity Amid Soaring Burn Rate As AI Arms Race Intensifies

Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) CEO Jim Farley has hailed Chinese EVs as competition from Chinese automakers gets stiffer throughout the globe.
What Happened: "It&#8217;s the most humbling thing I have ever seen. Seventy percent of all EVs in the world, electric vehicles, are made in China," Farley said at an event, Yahoo Finance reported <a href="https://finance.yahoo.com/news/fords-ceo-says-chinas-ev-054800452.html">on</a> Monday.
The CEO praised the vehicles for the advanced technology, hailing Xiaomi Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACY#OTC">XIACY</a>) and Huawei's presence in "every car" in China. "You get in, you don&#8217;t have to pair your phone. Automatically, your whole digital life is mirrored in the car," Farley said.
He also said that part of the reason why Ford couldn't offer such technology in its vehicles is because Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Google "decided not to go in the car business."
"Beyond that, their cost, their quality of their vehicles is far superior to what I see in the West. We are in a global competition with China, and it&#8217;s not just EVs. And if we lose this, we do not have a future Ford,&#8221; Farley added.
Why It Matters: Farley's comments come in as Ford plans on releasing products on its new <a href="https://www.benzinga.com/markets/tech/25/06/46020713/ford-says-upcoming-budget-ev-platform-will-rival-chinese-ev-prices-report">affordable EV platform</a> in 2027. The company says its platform could rival Chinese competitors and match them in cost.&nbsp;
Ford is also going ahead with the plans to <a href="https://www.benzinga.com/markets/tech/25/06/46074112/ford-to-proceed-with-3-billion-battery-plant-despite-potential-tax-incentive-loss-under-trumps-budget-plan-we-stick-behind-our-investments">set up a battery plant</a>, investing over $3 billion in the plant, which will be in Michigan.&nbsp;
However, Chinese automakers are also pushing more competitively priced and feature-rich EVs. Recently, Xiaomi unveiled the company's first-ever all-electric SUV <a href="https://www.benzinga.com/markets/asia/25/06/46132552/telsla-model-y-rival-xiaomi-yu7-suv-receives-nearly-300000-orders-in-1-hour-in-china">dubbed the YU7</a>, which closely rivals the Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Model Y.
BYD Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) also unveiled its <a href="https://www.benzinga.com/markets/tech/25/06/45855643/tesla-rival-byd-launches-15000-seal-06-sedan-as-chinas-ev-price-war-heats-up">Seal 06 Sedan</a>, priced at over $15,000 in China, increasing the competition in China's domestic car industry amid the <a href="https://www.benzinga.com/news/topics/25/06/45715047/byds-aggressive-pricing-triggers-ev-rat-race-stock-tumbles-authorities-voice-concern">EV price war</a>.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="196" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01005320/F-JUL-1-2025-1024x196.jpg" alt="" class="wp-image-967829" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01005320/F-JUL-1-2025-1024x196.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01005320/F-JUL-1-2025-300x58.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01005320/F-JUL-1-2025-768x147.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01005320/F-JUL-1-2025-1536x295.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01005320/F-JUL-1-2025.jpg 1564w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Ford scores well on Value and Quality metrics, while offering satisfactory Momentum and Growth. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge Stock Rankings</a> today!
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
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<li><a href="https://www.benzinga.com/markets/tech/25/06/46068633/ford-recalls-aviator-suvs-as-adhesive-issue-adds-to-automakers-mounting-recall-woes">Ford Recalls Aviator SUVs As Adhesive Issue Adds To Automaker&#8217;s Mounting Recall Woes</a></li>
</ul>
Photo courtesy: Tada Images / Shutterstock.com

AAPL

BYDDF

BYDDY

XIACY

Ford CEO Jim Farley Praises Chinese EVs Amid Affordable EV Platform Plans: 'It's The Most Humbling Thing'

A New York state judge says the mother of a Manhattan teen who died subway surfing can try to hold Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) and TikTok's parent company, ByteDance, legally responsible for fueling her son's fatal stunt addiction.
What Happened Justice Paul Goetz ruled Friday that Norma Nazario can pursue wrongful death, product liability and negligence claims against Meta and ByteDance, the owners of Instagram and TikTok, respectively, reported Reuters.
Her 15-year-old son, Zackery Nazario, died in February 2023 after a low beam struck him atop a Brooklyn-bound J train on the Williamsburg Bridge.
The Judge said that Nazario can try to prove that the social media giants "goaded" her son into subway surfing by addicting him to videos of dangerous challenges.
See Also: <a href="https://www.benzinga.com/trading-ideas/movers/25/06/46178725/meta-pursues-superintelligence-with-new-openai-hires-stock-climbs-to-fresh-highs">Apple Has the Potential To Crush Meta&#8217;s Ray-Ban Smart Glasses, Says Ming-Chi Kuo, But The Tech Giant Has Been &#8216;Surprisingly Slow&#8217;</a>
Meta and ByteDance called the death "heartbreaking," but claimed immunity under Section 230 of the Communications Decency Act, which typically shields platforms from liability for user content, the report said.
The judge disagreed, allowing the case to move forward.
Nazario's lawsuit also named New York City's Metropolitan Transit Authority, but the judge dismissed those claims, writing that "the realities of life in this city" should have signaled the risks of subway surfing.
Why It's Important: This case highlights mounting legal challenges for social media companies accused of <a href="https://www.benzinga.com/news/23/07/33193441/most-dangerous-tiktok-challenges-till-date-a-grave-warning-against-reckless-social-media-trends">addicting minors to harmful content</a>.
At least six people have died subway surfing in New York City this year alone, according to police, the report said.
Subway surfing — also known as train surfing — involves climbing onto the roof or exterior of a moving train. The risky stunt mirrors the concept of the popular mobile game Subway Surfers, where players dash along train tops to gather coins and rewards.
Last year, at a court hearing in Oakland, California, Meta CEO Mark Zuckerberg and his attorneys pushed back against claims that he should be <a href="https://www.benzinga.com/news/24/02/37303967/mark-zuckerberg-says-hes-not-responsible-for-childrens-addiction-to-instagram-and-facebook-in-respon">held personally responsible</a> for a wave of lawsuits accusing Facebook and Instagram of fueling child addiction to social media.
Price Action: According to <a href="http://pro.benzinga.com/dashboard">Benzinga Pro</a>, Meta's stock slipped 0.012% in after-hours trading to $738.
Benzinga's Edge Stock Rankings show that Meta's shares remain on an upward trajectory across short, medium and long-term periods. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Additional performance details are available here</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01004129/Screenshot-2025-07-01-at-10.09.56%E2%80%AFAM.png" alt="" class="wp-image-967814" /></a></figure>
Photo Courtesy: Koshiro K On Shutterstock.com
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</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Legal

Media

Meta, TikTok Can Be Held Liable For Subway Surfing Death Of 15-Year-Old Boy Addicted To Viral Challenges, Says New York Judge

Macro Economic Events

Econ #s

Economics

BBJP

WisdomTree Trust Japan Total Dividend Fund

Reported Earlier, Japan 10-Year JGB Auction 1.442% Vs. 1.512% Prior

Reported Earlier, China Caixin Manufacturing Purchasing Managers Index (PMI) For June 50.4 Vs. 49.2 Est.; 48.3 Prior

Reported Earlier, Japan Tankan Large Non-Manufacturers Index For Q2 34 Vs. 34 Est.; 35 Prior

Reported Earlier, Japan Tankan Large Manufacturers Index For Q2 13 Vs. 10 Est.; 12 Prior

Reported Earlier, Japan Tankan Big Manufacturing Outlook Index For Q2 12 Vs. 9 Est. 12 Prior

Bitcoin, the world's most valuable cryptocurrency, drove the moves of the broader cryptocurrency market in the first half of 2025, encountering historic highs and sharp corrections.&nbsp;While some investments were successful, others left a large hole in investors&#8217; portfolios.
What Happened: Spurred by the apex coin's <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43079668/bitcoin-hits-record-109000-ahead-of-trumps-inauguration-sparks-market-rally">January peak</a>, the total cryptocurrency market capitalization hit $3.64 trillion. But macroeconomic fears, precipitated by President Donald Trump's tariff policies, turned things upside down. The market capitalization fell by 18.6% in the first quarter, ending March at $2.67 trillion.
Things worsened in the early part of the second quarter as Bitcoin tumbled below $75,000. However, with tariffs getting extended for three months and the administration forging deals with <a href="https://www.benzinga.com/markets/macro-economic-events/25/06/46113383/us-china-trade-deal-could-be-finalized-next-week-says-harvard-scholar-they-are-going-to-stabilize-this">key trade partners like China</a>, sentiment improved. The market capitalization soared 26% in the second quarter.
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46149584/why-crypto-investors-are-receiving-internal-revenue-service-warning-letters">Why Crypto Investors Are Receiving Internal Revenue Service Warning Letters</a>
Among large-cap cryptocurrencies, Bitcoin was clearly the frontrunner, gaining over 15% since the year began. Solana also accumulated gains of over 7%.
However, leading coins like Ethereum, Dogecoin and XRP disappointed investors with negative returns.
The table below shows how much a $1000 investment in each of these coins at the start of the year would have grown to by the halfway point of 2025.
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
<td>Year-to-date Gains&nbsp;</td>
<td>$1000 Investment Worth Today</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>$107,664.47</td>
<td>15.24%</td>
<td>$1152.41</td>
</tr>
<tr>
<td>XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)</td>
<td>$2.18</td>
<td>+7.78%</td>
<td>$1,077.80</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td>
<td>$0.1671</td>
<td>-47.50%</td>
<td>$525</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td>
<td>$2,503.04</td>
<td>-25.71%</td>
<td>$742.90</td>
</tr>
<tr>
<td>Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td>
<td>$150.03</td>
<td>-18.26%</td>
<td>$817.40</td>
</tr>
</tbody>
</table>
</figure>
It is worth noting that Bitcoin&#8217;s dominance increased from 56% to 64%, while the market share of altcoins, excluding Ethereum, fell from 31% to 26% in the first six months. A high BTC dominance typically implies that investors are more confident in Bitcoin relative to other cryptocurrencies.&nbsp;
Meanwhile, the reading on the Crypto Fear and Greed <a href="https://alternative.me/crypto/fear-and-greed-index/">Index </a>was 66, indicating a &#8220;Greed&#8221; sentiment. Interestingly, the reading was similar at the beginning of the year.
Photo Courtesy: PeopleImages.com &#8211; Yuri A on Shutterstock.com
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46148904/donald-trump-says-bitcoin-takes-a-lot-of-pressure-off-the-dollar">Donald Trump Says &#8216;Bitcoin Takes A Lot Of Pressure Off The Dollar&#8217;</a></li>
</ul>

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

Cryptocurrency

$BTC

$DOGE

$ETH

$SOL

$XRP

COIN

Bitcoin, Ethereum, Solana, XRP Or Dogecoin: If You Invested $1,000 In These Cryptos When 2025 Began, Here is How Much You'd Have Today Now That Half The Year Is Over

Reported Earlier, Japan Tankan All Big Industry CAPEX For Q2 11.5% Vs. 3.1% Prior

President Donald Trump is expected to attend on Tuesday the opening of a temporary migrant detention facility in Florida&#8217;s Everglades, dubbed &#8220;Alligator Alcatraz.&#8221;
What Happened: The visit underscores Trump&#8217;s aggressive immigration enforcement strategy that has triggered market volatility for companies dependent on immigrant labor, Reuters reported, citing sources.
The remote detention center earned its nickname from its location deep in the Everglades, where alligators, crocodiles and pythons provide natural security barriers with minimal staffing requirements, according to Florida officials. Homeland Security Secretary Kristi Noem requested Trump&#8217;s attendance at the facility opening.
Federal immigration detention numbers have surged 44% to 56,000 as of June 15, up from 39,000 when Trump took office in January. The administration has been <a href="https://www.benzinga.com/news/politics/25/06/45943800/trump-orders-ice-to-launch-the-single-largest-mass-deportation-program-in-history-targeting-los-angeles-chicago-and-new-york">aggressively seeking additional detention capacity</a> to support what Trump calls &#8220;the single largest Mass Deportation Program in History.&#8221;
The White House 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/macro-economic-events/25/07/46186853/ray-dalio-says-politicians-that-promise-not-to-raise-your-taxes-not-aligned-with-preventing-a-big-debt-dollar-crisis-to-me-thats-a-tragedy">Ray Dalio Says Politicians That Promise Not To &#8216;Raise Your Taxes&#8217; Not Aligned With Preventing A &#8216;Big&#8217; Debt, Dollar Crisis: &#8216;To Me, That&#8217;s A Tragedy&#8217;</a>
Why It Matters: Immigration and Customs Enforcement operations now arrest 2,000 immigration offenders daily, significantly exceeding the 311 daily average under former President Joe Biden. The intensified enforcement has disrupted business operations at major retailers, including The Home Depot Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>), where <a href="https://www.benzinga.com/news/politics/25/06/45943372/obama-calls-for-dignity-in-immigration-enforcement-as-ice-crackdown-escalates">federal raids targeted stores in California</a> without prior company notification.
Technology companies are <a href="https://www.benzinga.com/tech/25/04/44882049/peter-thiels-palantir-bags-30-million-order-from-ice-for-immigrant-tracking-system">capitalizing on enforcement efforts</a>. Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) secured a $29.8 million ICE contract for its ImmigrationOS tracking system, designed to monitor visa overstays and self-deportations with &#8220;near real-time visibility.&#8221;
The Trump administration has reactivated the World War II-era Alien Registration Act, requiring all non-citizens to register with the federal government after 75 years of non-enforcement. Officials <a href="https://www.benzinga.com/news/politics/25/06/45943372/obama-calls-for-dignity-in-immigration-enforcement-as-ice-crackdown-escalates">estimate 3.2 million immigrants</a> remain unregistered under the new regime.
Border apprehensions have plummeted to under 10,000 monthly from over 100,000 a year ago, according to government data. Despite this decline, Trump maintains his deportation agenda, with immigration chief Tom Homan <a href="https://www.benzinga.com/news/politics/25/06/45943800/trump-orders-ice-to-launch-the-single-largest-mass-deportation-program-in-history-targeting-los-angeles-chicago-and-new-york">confirming 200,000 deportations over four months</a>.
Read Next: 
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<li><a href="https://www.benzinga.com/news/politics/25/06/46186733/elon-musk-staging-a-political-comeback-tesla-ceo-sparks-america-party-buzz-as-he-slams-trumps-insane-spending-bill">Elon Musk Staging A Political Comeback? Tesla CEO Sparks &#8216;America Party&#8217; Buzz As He Slams Trump&#8217;s &#8216;Insane Spending Bill&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Maxim Elramsisy / Shutterstock.com

PLTR

Trump To Visit 'Alligator Alcatraz' Migrant Detention Center This Week Amid Deportation Push: Report

French President Emmanuel Macron sharply criticized powerful nations using tariffs as &#8220;blackmail&#8221; instruments on Monday, delivering his strongest rebuke as the European Union scrambles to reach a deal with the United States before a looming July 9 deadline.
What Happened: Speaking at the International Conference on Financing for Development in Seville, Spain, Macron called trade wars an &#8220;aberration&#8221; without directly naming Trump or the United States. His comments came as EU Commission President Ursula von der Leyen warned that &#8220;all options remain on the table&#8221; in ongoing negotiations with Washington.
According to Reuters, Macron said, &#8220;we need to restore freedom and equity to international trade, much more than barriers and tariffs, which are devised by the strongest, and which are often used as instruments of blackmail, not at all as instruments of rebalancing&#8221;
Trump unveiled sweeping global tariffs in April, threatening duties ranging from 10% to 50% on imports before partially reversing course with 90-day extensions. The current EU tariff structure includes 10% on most goods, 25% on automobiles, and 50% on steel and aluminum. Without a deal by July 9, all EU products could face 50% tariffs.
SEE ALSO: <a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/06/46180782/trumps-tariff-clock-ticks-but-taco-traders-arent-losing-their-cool">Trump&#8217;s Tariff Clock Ticks, But &#8216;TACO&#8217; Traders Aren&#8217;t Losing Their Cool</a>
White House Press Secretary Karoline Leavitt rejected Macron&#8217;s characterization, calling tariffs &#8220;an effective tool to rebuild U.S. manufacturing.&#8221; She said Trump &#8220;is going to do what&#8217;s right for our people and our country,&#8221; according to the report.
Why It Matters: The tariff dispute has already roiled European markets. In May, when <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45585283/trump-tariff-threat-hits-europe-stocks-sink-as-50-duties-loom">Trump threatened</a> 50% EU duties, the Euro STOXX 50 dropped 3%, with major exporters taking heavy losses. Deutsche Bank AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DB#NYSE">DB</a>) fell 6.1%, while luxury brands like LVMH Moët Hennessy Louis Vuitton SE (OTC:<a class="ticker" href="https://www.benzinga.com/stock/LVMUY#OTC">LVMUY</a>), which derives 25% of revenue from the U.S., faced significant pressure.
Technology ETFs with European exposure, including the iShares Europe ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IEV#NYSE">IEV</a>) and Vanguard FTSE Europe ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VGK#NYSE">VGK</a>), remain vulnerable to escalating trade tensions. German software giant SAP SE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAP#NYSE">SAP</a>) generates 40% of revenue from North America, while Dutch chipmaker ASML Holding NV (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>) earns 20-25% from U.S. sales.
The UN trade agency warned Trump&#8217;s tariffs could devastate developing nations, with countries like Cambodia, Laos, and Myanmar facing some of the highest levies. Macron specifically criticized imposing tariffs on nations &#8220;just beginning their economic takeoff.&#8221;
Internal EU divisions complicate negotiations. <a href="https://www.benzinga.com/markets/macro-economic-events/25/06/46134994/eu-ready-for-a-deal-with-us-but-all-options-remain-on-the-table-says-von-der-leyen">German Chancellor</a> Friedrich Merz favors a swift, simple deal, while Macron argues that accepting imbalanced terms would undermine Europe&#8217;s long-term competitiveness. The French president previously urged European companies to suspend U.S. investments until clarity emerges.
EU officials have prepared a $108 billion <a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/05/45591555/trump-targets-eu-apple-with-tariff-threats-etfs-could-feel-the-heat">retaliatory package</a> targeting U.S. digital services and financial systems, echoing 2018 countermeasures that hit swing-state exports including bourbon and motorcycles. Major U.S. tech companies like Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), and Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) faces regulatory scrutiny that could intensify amid trade tensions.
With eight days remaining before the deadline, both sides signal readiness to negotiate while maintaining hardline positions, setting up a high-stakes diplomatic and <a href="https://www.benzinga.com/news/politics/25/06/46163327/trump-starmer-trade-deal-kicks-in-uk-luxury-cars-get-10-tariff-rolls-royce-engines-fly-duty-free-into-us">economic showdown</a>.
READ MORE: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46107720/trump-family-backed-world-liberty-financial-plans-to-launch-a-new-app-that-will-make-it-easy-for-lay-investors-to-use-crypto">Trump Family-Backed World Liberty Financial Plans To Launch A New App That Will Make It Easy For Lay Investors To Use Crypto</a>
Photo Courtesy: Frederic Legrand &#8211; COMEO on Shutterstock.com
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

General

ASML

LVMUY

Emmanuel Macron Calls Tariffs 'Blackmail,'  White House Shoots Back Saying Trump Is 'Doing What's Right For Our People'

Billionaire investor Ray Dalio is sounding the alarm on what he calls an inevitable &#8220;debt/dollar crisis&#8221; unless U.S. policymakers confront the country's ballooning fiscal deficit with a mix of tax increases and spending cuts.
What Happened: On Monday, in a post on X, Dalio criticized popular political promises such as &#8220;I promise to not raise your taxes&#8221; and &#8220;I promise to not cut your benefits&#8221; as being fundamentally at odds with the current fiscal reality of the U.S. budget.
&#8220;There is no way that the deficit/debt bomb problem can be sustainably dealt with unless there is a mix of tax revenue increases and spending decreases that are determined in a bipartisan way,&#8221; the former hedge fund manager says.
See Also: <a href="https://www.benzinga.com/markets/economic-data/25/06/46165307/us-credit-rating-would-fall-if-trumps-big-beautiful-bill-is-approved-says-thomas-massie-heres-what-it-means-for-americans">US Credit Rating Would Fall If Trump&#8217;s Big Beautiful Bill Is Approved, Says Thomas Massie: Here&#8217;s What It Means For Americans</a>
Dalio proposes a 4% increase in tax revenue combined with a 4% cut in federal spending, a balanced approach that he says would help restore the balance between debt issuance and demand, leading to less pressure on interest rates, which in-turn helps support the markets and the economy, while helping shrink the deficit.
He says that both Democrats and Republicans in Washington understand this, but have been unwilling to act due to &#8220;absolutist&#8221; politics and fear of electoral backlash. &#8220;To me, that&#8217;s a tragedy,&#8221; he says.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&quot;I promise to not raise your taxes&quot; and &quot;I promise to not cut your benefits&quot; are the two popular political promises that are inconsistent with the much more needed promise &quot;I promise to cut the budget deficit to about 3 percent of GDP&quot; that is required to prevent a big…
&mdash; Ray Dalio (@RayDalio) <a href="https://twitter.com/RayDalio/status/1939835947236966609?ref_src=twsrc%5Etfw">June 30, 2025</a></blockquote>
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Why It Matters: The famed founder of Bridgewater Associates has constantly warned about the dangers of rising U.S. debt and the risk it poses to the economy and the U.S. Dollar. 
A month ago, he said that the <a href="https://www.benzinga.com/general/market-summary/25/05/45512063/ray-dalio-warns-against-decreasing-value-of-us-dollar-amid-mounting-government-debt-risks-are-greater-than-the-rating-agencies-are-conveying">risks of mounting U.S. debt</a> were greater than what was being conveyed by the credit rating agencies. 
Others have since echoed similar views, with Ross Gerber, of Gerber Kawasaki Wealth and Investment Management, proposing to <a href="https://www.benzinga.com/markets/macro-economic-events/25/06/46112471/ross-gerber-touts-an-idea-to-cut-deficit-by-trillions-of-dollars-let-the-tax-cuts-expire-and-full-salt-come-back">let tax cuts expire</a> and restoring full State and Local Tax (SALT) deductions, to help slash the U.S. federal deficit by trillions of dollars. 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Let the tax cuts expire and full SALT comes back. That would cut the deficit by trillions. People in California would also save money on taxes.
&mdash; Ross Gerber (@GerberKawasaki) <a href="https://twitter.com/GerberKawasaki/status/1938152101323878461?ref_src=twsrc%5Etfw">June 26, 2025</a></blockquote>
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Economist&nbsp;Lyn Alden <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45718017/nothing-stops-this-train-us-fiscal-deficits-drive-bitcoins-case-as-a-hedge-says-lyn-alden">warned about the deficit</a> last month, saying that &#8220;nothing stops this train,&#8221; as the fiscal trajectory of the nation is now governed by both mathematical inevitability and political intransigence.
&#8220;We&#8217;re in a system where the brakes are gone,&#8221; she says, adding that &#8220;raising interest rates only accelerates the federal deficit faster than it slows private borrowing.&#8221;
Photo Courtesy: patpitchaya on Shutterstock.com
Read More: 
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<li><a href="https://www.benzinga.com/markets/macro-economic-events/25/06/46186509/scott-bessent-on-replacing-powell-as-fed-chair-i-will-do-what-the-president-wants-plays-down-shadow-chair-speculations">Scott Bessent On Replacing Powell As Fed Chair: &#8216;I Will Do What The President Wants&#8217; — Plays Down Shadow Chair Speculations</a></li>
</ul>

Government

Bonds

Treasuries

Ray Dalio Says Politicians That Promise Not To 'Raise Your Taxes' Not Aligned With Preventing A 'Big' Debt, Dollar Crisis: 'To Me, That's A Tragedy'

Financial market commentator Robert Kiyosaki said Monday he would continue to accumulate Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) despite finding it &#8220;expensive&#8221; at $107,000 apiece.
What Happened: In an X post,&nbsp;Kiyosaki, the acclaimed author of &#8220;Rich Dad Poor Dad&#8221;, shared his experience with the apex cryptocurrency. 
He admitted to entering the Bitcoin market &#8220;late,&#8221; purchasing his first coin at $6,000. Despite initially considering this price steep, Kiyosaki now wishes he had invested more at that rate. 
&#8220;Today Bitcoin is $107,000 a coin. Again my mind says &#8216;That's expensive&#8217; but I am buying more,&#8221; he said.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">WHAT IS EXPENSIVE? I was late into Bitcoin. I waited too long….which may have been a good thing. I waited because I did not understand today's modern money. So I bought my first Bitcoin at $6000 a coin. It was expensive. Today I wish I had bought more at $6000. Today…
&mdash; Robert Kiyosaki (@theRealKiyosaki) <a href="https://twitter.com/theRealKiyosaki/status/1939514749818925357?ref_src=twsrc%5Etfw">June 30, 2025</a></blockquote>
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The point he seemingly tried to convey is that what appears expensive today may be seen as cheaper in the future, a belief based on his conviction in Bitcoin&#8217;s long-term prospects.
&#8220;If and when Bitcoin's sells for $1 million a coin, I will once again be saying &#8216;I wish I had bought more,'&#8221; Kiyosaki said.
He encouraged others to invest, even if only in one Satoshi, stressing the value of accumulation rather than focusing on short-term price tags.
See Also:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/06/46177905/inside-tom-lees-plan-to-build-microstrategy-of-ethereum-at-bitmine" target="_blank" rel="noreferrer noopener">Inside Tom Lee&#8217;s Plan To Build &#8216;MicroStrategy Of Ethereum&#8217; At BitMine</a>
Why It Matters: Kiyosaki&#8217;s bullish stance on Bitcoin comes amid his warnings of a potential global monetary collapse. Last week, he predicted a global debt bubble burst and <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46045741/rich-dad-poor-dad-author-robert-kiyosaki-warns-of-global-debt-collapse-urges-buying-gold-silver-bitcoin">advised his followers</a> to invest in gold, silver and Bitcoin
While Kiyosaki is a staunch supporter of Bitcoin, his predictions should be taken with a grain of salt. Some of his past predictions were way off target.&nbsp;
He projected Bitcoin would hit $100,000 in June 2024, a level that the apex cryptocurrency hit six months later. On one instance, he even painted a&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39198509/rich-dad-poor-dad-author-robert-kiyosaki-comes-up-with-another-bold-projection-bitcoin-wil" target="_blank" rel="noreferrer noopener">$350,000 price target</a>&nbsp;by August 2024.
Kiyosaki has&nbsp;<a href="https://www.benzinga.com/markets/25/05/45508758/robert-kiyosaki-predicts-bitcoin-to-reach-250-000-buy-more-do-not-sell" target="_blank" rel="noreferrer noopener">projected Bitcoin to hit $250,000</a>&nbsp;within this year, attributing it to a potential collapse of the central bank system.
Price Action:&nbsp; At the time of writing, BTC was exchanging hands at $107,161.21, down 1.29% in the last 24 hours, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>
Photo Courtesy: Shutterstock/Grower C More
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46186180/raoul-pal-says-robinhood-letting-users-trade-openai-spacex-through-blockchain-is-democratization-of-finance-end-of-public-vs-private-markets-has-begun">Raoul Pal Says Robinhood Letting Users Trade OpenAI, SpaceX Through Blockchain Is &#8216;Democratization Of Finance&#8217; — End Of Public Vs Private Markets Has Begun</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

'Rich Dad Poor Dad' Author Robert Kiyosaki Says Bitcoin At $107,000 Is 'Expensive' But He's Still Buying More

Billionaire and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk has renewed buzz of his political comeback amid criticism of U.S. President Donald Trump's Big, Beautiful Bill.
What Happened: "If this insane spending bill passes, the America Party will be formed the next day," Musk said in a post on social media platform X on Monday.
The billionaire then went on to say that America needs other political parties to serve as "an alternative to the Democrat-Republican uniparty," which would help Americans "actually have a VOICE," he said in the post.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">If this insane spending bill passes, the America Party will be formed the next day. Our country needs an alternative to the Democrat-Republican uniparty so that the people actually have a VOICE.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1939806847504105683?ref_src=twsrc%5Etfw">June 30, 2025</a></blockquote>
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Musk made a series of posts slamming the "insane spending" of the bill and outlined that the bill would increase the U.S. debt ceiling by $5 trillion. He also criticized the Republicans and Democrats by saying that America had only one party, "the porky pig party."
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">It is obvious with the insane spending of this bill, which increases the debt ceiling by a record FIVE TRILLION DOLLARS that we live in a one-party country – the PORKY PIG PARTY!! Time for a new political party that actually cares about the people.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1939762942851027127?ref_src=twsrc%5Etfw">June 30, 2025</a></blockquote>
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Musk also slammed the politicians who were in support of the bill and said that they will lose their primaries next year, "if it is the last thing I do on this Earth," he said in a post on X.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Every member of Congress who campaigned on reducing government spending and then immediately voted for the biggest debt increase in history should hang their head in shame! And they will lose their primary next year if it is the last thing I do on this Earth.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1939776586989150590?ref_src=twsrc%5Etfw">June 30, 2025</a></blockquote>
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Why It Matters: The criticism follows the Senate Republicans&#8217; proposing a variety of spending cuts in the budget, including a <a href="https://www.benzinga.com/markets/macro-economic-events/25/06/46163659/senate-republicans-propose-313-billion-cut-in-medicaid-spending-in-trumps-big-beautiful-bill">$313 billion cut in Medicaid</a>. The spending cuts and the Big, Beautiful Bill as a whole have received <a href="https://www.benzinga.com/markets/macro-economic-events/25/06/46166358/ross-gerber-slams-trumps-tax-plan-as-biggest-scam-out-there-says-it-threatens-clean-energy-future-big-ugly-bill">criticism from experts.</a>
The bill would also affect Tesla, as well as the automotive industry's EV push as a whole, as the proposals by both the Senate and the House Republicans axe the <a href="https://www.benzinga.com/markets/tech/25/06/45965638/amid-trumps-anti-ev-push-senate-republicans-propose-tax-bill-to-axe-7500-ev-credit">$7,500 federal EV credit</a> on all new EVs sold in the U.S.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
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</ul>
Photo courtesy: Shutterstock

Elon Musk Staging A Political Comeback? Tesla CEO Sparks 'America Party' Buzz As He Slams Trump's 'Insane Spending Bill'

Apple Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) <a href="https://www.benzinga.com/markets/tech/25/06/46182769/what-happened-with-apple-stock-today">stock bump on Monday</a> shows just how eagerly investors are waiting for signs that the company is serious about artificial intelligence, according to Deepwater Asset Management's Gene Munster.
What Happened: Shares of Apple rose 2.03% on Monday — outperforming the broader Nasdaq — after a report emerged that the tech giant is exploring using large language models from OpenAI or Anthropic to power a revamped version of Siri by spring 2026.
Following this, Munster took to X, formerly Twitter, and said the "move is testimony to how low the investor AI bar is for AAPL."
See Also:&nbsp;<a href="https://www.benzinga.com/markets/tech/25/06/45830549/pierre-ferragu-takes-apple-to-task-for-dismissing-the-ai-revolution-has-its-head-in-the-sand" target="_blank" rel="noreferrer noopener">Pierre Ferragu Takes Apple To Task For Dismissing The AI Revolution: ‘Has Its Head In The Sand&#8217;</a>
Munster also said that &#8220;the iPhone bar is low.&#8221; Apple's biggest moneymaker is still the iPhone, but Wall Street analysts aren't expecting big growth: just 1% growth in iPhone sales in the financial year 25 and 4% the year after.
&#8220;The next few quarters should benefit from upgrades following that monster 39% iPhone growth in FY21,&#8221; he said.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24AAPL&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$AAPL</a> is well positioned for the back half of the year, driven by AI chatter and anticipated iPhone growth. &#x27a1;&#xFE0F;The stock finished up 2% today (Nasdaq up 0.5%) on Mark Gurman&#39;s report that Apple is doing everything they can to meet the spring 2026 Siri launch. Specifically,…
&mdash; Gene Munster (@munster_gene) <a href="https://twitter.com/munster_gene/status/1939787594143080630?ref_src=twsrc%5Etfw">June 30, 2025</a></blockquote>
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Why It's Important: Wall Street has <a href="https://www.benzinga.com/media/25/05/45486193/why-is-apple-still-behind-on-ai-expert-dissects-reasons-behind-iphone-maker-lagging-likes-of-microsoft-and-amazon-despite-poaching-googles-ai-chief">been skeptical about Apple's AI strategy</a>, especially as competitors like Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google, Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), aggressively push new AI features.
Reports have also surfaced suggesting <a href="https://www.benzinga.com/markets/tech/25/06/46041473/apple-eyes-perplexity-ai-acquisition-while-facing-shareholder-lawsuit-over-exaggerated-ai-progress-report">Apple was considering</a> a deal to acquire Perplexity AI. However, the startup says it has no information about any such discussions taking place.
Apple currently has a consensus price target of $231.44, based on the ratings from 32 analysts. The latest analyst ratings, from JP Morgan, Morgan Stanley and Wedbush, have an average price target of $245, indicating a potential upside of 19.26%.
Price Action: According to <a href="http://pro.benzinga.com/dashboard">Benzinga Pro data</a>, Apple's stock is down 15.86% so far this year and has slipped 5.34% over the last 12 months.
Benzinga's Edge Stock Rankings indicate that Apple's shares continue to trend lower across short, medium and long-term periods. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Additional performance details can be found here</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/30234055/Screenshot-2025-07-01-at-9.09.56%E2%80%AFAM.png" alt="" class="wp-image-967740" /></a></figure>
Photo courtesy: jamesteohart / Shutterstock.com
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<li><a href="https://www.benzinga.com/25/05/45489038/us-stocks-likely-to-open-lower-after-moodys-downgrade-bear-market-isnt-fully-recovered-yet-but-it-is-close-says-expert" target="_blank" rel="noreferrer noopener">US Stocks Likely To Open Lower After Moody&#8217;s Downgrade: ‘Bear Market Isn&#8217;t Fully Recovered Yet, But It Is Close,&#8217; Says Expert</a></li>
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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 Investors Have Shockingly Low AI Expectations, Says Gene Munster — Siri Upgrade Rumors Alone Fueled A 2% Stock Jump

Lululemon Athletica Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) filed a patent infringement lawsuit against Costco Wholesale Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) on Friday, alleging the warehouse retailer violated intellectual property rights by selling &#8220;knockoff&#8221; versions of its popular athletic wear.
What Happened: The Canada-based athleisure company accused Costco of selling unauthorized apparel that infringes on design patents for its ABC pants line, Define jacket collection, and Scuba zip-ups and hoodies, <a href="https://thehill.com/homenews/nexstar_media_wire/5377499-costco-accused-of-selling-knockoffs-of-popular-athleisure-brands-clothes-lawsuit/">reported</a> The Hill. Lululemon claims Costco &#8220;unlawfully traded upon Plaintiffs&#8217; reputation, goodwill and sweat equity&#8221; through these alleged knockoffs.
The lawsuit specifically targets items sold under Costco&#8217;s private-label Kirkland brand, suggesting the retailer may be intentionally confusing customers into believing Lululemon supplies the clothing. Lululemon seeks unspecified monetary damages and an injunction to halt the sale of the disputed products.
A Lululemon spokesperson told Reuters the company takes &#8220;the responsibility of protecting and enforcing our intellectual property rights very seriously.&#8221; 
See Also: <a href="https://www.benzinga.com/markets/tech/25/06/46180484/nvidia-palantir-tech-stocks-to-buy-q3-2025-sectors">Nvidia, Palantir Fuel Historic Tech Rally — And It&#8217;s Far From Done</a>
Why It Matters: The lawsuit comes as Costco faces investor scrutiny over recent performance metrics. The retailer reported $20.97 billion in May sales, <a href="https://www.benzinga.com/trading-ideas/movers/25/06/45801312/costco-stock-falls-nearly-4-after-may-sales-report-despite-solid-growth">up 6.8% year-over-year</a>, but shares fell nearly 4% after the announcement. U.S. comparable sales growth of 5.5% missed JPMorgan&#8217;s 7% estimate, marking a rare miss for the warehouse giant.
Costco <a href="https://www.benzinga.com/insights/analyst-ratings/25/06/45981744/15-analysts-assess-costco-wholesale-what-you-need-to-know">operates over 600 U.S. warehouses</a>, holding more than a 60% market share in the domestic warehouse club industry. The company&#8217;s membership-based model relies on high-volume sales at thin margins, making private-label products crucial for profitability.
Recent analyst coverage <a href="https://www.benzinga.com/insights/analyst-ratings/25/06/45981744/15-analysts-assess-costco-wholesale-what-you-need-to-know">shows 13 of 15 analysts</a> rate Costco as Outperform or Buy, with an average price target of $1,084.47.
Read Next: 
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<li><a href="https://www.benzinga.com/trading-ideas/movers/25/06/46178725/meta-pursues-superintelligence-with-new-openai-hires-stock-climbs-to-fresh-highs">Meta Pursues &#8216;Superintelligence&#8217; With New OpenAI Hires, Stock Climbs To Fresh Highs</a></li>
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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.
Photo courtesy: bluestork / Shutterstock.com

COST

LULU

Lululemon Sues Costco Over Knockoff Pants And Hoodies: Accuses Retail Giant Of Trading On 'Sweat Equity' With Lookalike Designs

Leading cryptocurrencies fell on Monday amid speculation that the Trump administration may have a &#8220;shadow Fed" before the term of Federal Reserve Chair Jerome Powell ends.
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Cryptocurrency</th>
<th>Gains +/-</th>
<th>Price (Recorded at 10:30 p.m. ET)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-1.15%</td>
<td>$107,374.79</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-0.46%</td>
<td>$2,495.63</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-2.05%</td>
<td>$0.1656</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin tumbled to $106,759.65 in the early trading hours before settling to around $107,000 for the rest of the day. Trading volume spiked 13.33%, suggesting that sell pressure was high. Ethereum oscillated in the $2,400 range, with the occasional jump to $2,520.
Overall, the two blue-chip currencies delivered handsome returns during the second quarter. While Bitcoin jumped by 29.74%, Ethereum gained 36.78%, reversing its first-quarter downsides.
Moreover, Bitcoin's dominance rose from 61.3% to 64.5% during the quarter, while that of Ethereum increased from 8.2% to 9.1%.
Meanwhile, more than $185 million was liquidated from the cryptocurrency market in the last 24 hours, the majority of it being bullish long positions.
Bitcoin&#8217;s open interest fell 3.18% in the last 24 hours, although it surged nearly 30% during the second quarter.
Top Gainers (24 Hours)
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Cryptocurrency</th>
<th>Gains +/-</th>
<th>Price (Recorded at 10:30 p.m. ET)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Bitcoin Cash (BSH)</td>
<td>+4.28%</td>
<td>$521.60</td>
</tr>
<tr>
<td>Algorand (ALGO)&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+3.79%</td>
<td>$0.191</td>
</tr>
<tr>
<td>Monero (XMR)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+2.65%</td>
<td>$320.70 </td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $3.31 trillion, following a modest drop of 0.71% in the last 24 hours.
Stocks ended the first half of 2025 on a high. The Dow Jones Industrial Average rose 275.50 points, or 0.63%, to end at 44,094.77. The S&amp;P 500 added 0.52% to post another record close at 6,204.95. The tech-heavy Nasdaq Composite gained 0.47% to notch a new record high at 20,369.73.
The U.S. equity market made a strong comeback in the second quarter, with the S&amp;P 500 and the Dow notching surges of 10.5% and 4.9%, respectively.
Treasury Secretary Scott Bessent said that the <a href="https://www.benzinga.com/news/politics/25/06/46165110/donald-trump-calls-fed-chair-jerome-powell-a-bad-person-who-keeps-rates-artificially-high-says-benchmark-should-drop-by-half">administration could nominate a replacement</a> for Jerome Powell as early as October, raising the prospect of a "shadow Fed," amid President Donald Trump's ongoing conflict with the incumbent Federal Reserve Chair over interest rates.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Widely followed cryptocurrency analyst Ali Martinez alerted bullish traders about Bitcoin's potential rejection, supported by a Stochastic RSI &#8220;death cross."
"A move back to $100,000 is possible unless we get a sustained close above $109,000," Martinez stated.
A death cross is a bearish chart pattern that occurs when a security&#8217;s short-term moving average drops below its longer-term moving average.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> is facing a key rejection while the Stoch RSI flashes a death cross on the daily chart. A move back to $100,000 is possible unless we get a sustained close above $109,000. <a href="https://t.co/H78AfRQrFw">pic.twitter.com/H78AfRQrFw</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1939633825283207605?ref_src=twsrc%5Etfw">June 30, 2025</a></blockquote>
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</figure>
Widely followed cryptocurrency analyst Ali Martinez flagged $2,200 as the "most critical support" for Ethereum, failing to hold which could trigger a drop to $1,160.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The most critical support for Ethereum <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> sits at $2,200. If this level fails to hold, the next key area to watch is $1,160. <a href="https://t.co/UmLxCG41uZ">pic.twitter.com/UmLxCG41uZ</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1939655784230453699?ref_src=twsrc%5Etfw">June 30, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo: Antonio Gravante On Shutterstock.com
Read Next:&nbsp;&nbsp;&nbsp;&nbsp;
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Bitcoin, Ethereum, Dogecoin Slide Even As Q2 Turns Profitable For Crypto: Analyst Warns About Decline In BTC If The Apex Coin Doesn't Close Above This Level

Sen. Bernie Sanders (I-Vt.) says the biggest threat to U.S. capitalism isn't foreign competition but "three Wall Street investment firms," he claims, now dominate corporate America.
What Happened: "It's not only income and wealth inequality that bothers me, it's concentration of ownership," Sanders told Joe Rogan in a recent sit-down.
&#8220;In virtually every sector … you got a handful of giant multinationals controlling that sector." He urged listeners to &#8220;check it out on Google," adding that the trio of asset-management giants &#8220;combined are the major stockholders of 95% of American corporations.&#8221;
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
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<iframe loading="lazy" title="Joe Rogan Experience #2341 - Bernie Sanders" width="500" height="281" src="https://www.youtube.com/embed/mYVzme2fybU?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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"That's power," he exclaimed.
Academic studies back part but not all of Sanders' claim. Research by economists Jan Fichtner and others <a href="https://business.gmu.edu/news/2025-02/power-passive-investors-double-edged-sword">finds</a> the "Big Three" are the largest single shareholders in about 40% of all U.S.–listed companies and 88% of the S&amp;P 500. Other analysts put their combined stake at nearly 20% of total U.S. market capitalization, not 95%.
See also: <a href="https://www.benzinga.com/personal-finance/crowdsourcing/25/06/46170760/do-you-really-think-were-going-to-get-rid-of-lawyers-says-ex-google-ceo-eric-schmidt-predicts-ai-will-only-make-jobs-more-complex">&#8216;Do You Really Think We&#8217;re Going To Get Rid Of Lawyers?&#8217; Says Ex-Google CEO Eric Schmidt — Predicts AI Will Only Make Jobs More Complex</a>
Sanders argues concentrated shareholding lets a handful of executives steer wages, prices and even politics. "They are now owned by Wall Street firms," he said, contrasting today's dispersed retail ownership with the era when "somebody actually owned General Motors."
Why It Matters: Sanders, during the course of the same podcast, also told Joe Rogan that his <a href="https://www.benzinga.com/news/politics/25/06/46106134/bernie-sanders-shares-first-thing-he-would-do-as-president-and-it-could-be-a-jab-at-elon-musk">top presidential priority</a> would be campaign-finance reform. He wants public funding to replace "billionaires" bankrolling elections, which he says "rejects the will of the American people."
Rogan and Sanders also attacked the <a href="https://www.benzinga.com/personal-finance/financial-advisors/25/06/46109126/the-minimum-wage-in-this-country-is-ridiculous-says-joe-rogan-asks-how-do-you-live-off-7">$7.25 federal minimum wage</a>, calling it impossible to live on; Sanders noted he is fighting to raise it to $17 an hour. Rogan illustrated the problem with a $25 sandwich that would cost a minimum-wage worker 3½ hours of labor.
Both men argued that technology's gains have bypassed workers, with Sanders pointing out real wages trail those of 52 years ago despite soaring productivity. To spread the benefits of automation and AI, Sanders champions his "Thirty-Two Hour Workweek Act," <a href="https://www.benzinga.com/markets/tech/25/06/46089330/bernie-sanders-slams-job-cuts-says-ai-should-give-workers-more-time-off-instead-of-throwing-you-out-on-the-street">trimming the workweek</a> without cutting pay so people gain time for family, learning and purpose.
Photo Courtesy: Jana Shea on Shutterstock.com
Read next: <a href="https://www.benzinga.com/personal-finance/management/25/06/46169828/howard-lutnicks-viral-fed-rant-claims-simple-formula-for-rate-cuts-heres-why-economists-are-cringing">Howard Lutnick&#8217;s Viral Fed Rant Claims &#8216;Simple Formula&#8217; for Rate Cuts—Here&#8217;s Why Economists Are Cringing</a>

Bernie Sanders Warns Of 'Concentration of Ownership' In US Companies: 'That's Power'

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