Social media giant Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) is turning the page on content moderation, as it prepares to work with President-elect Donald Trump, four years after banning him<a href="https://www.benzinga.com/news/23/02/30848473/trumps-back-on-facebook-and-instagram-for-real"> from its platforms.</a>



What Happened: Meta Platforms CEO and co-founder Mark Zuckerberg shared in a video that the company's social media platforms will soon be following<a href="https://www.benzinga.com/topic/community-notes"> the Community Notes</a> style of content moderation put in place by Elon Musk's X.



"It's time to get back to our roots around free expression on Facebook and Instagram," Zuckerberg <a href="https://about.fb.com/news/2025/01/meta-more-speech-fewer-mistakes/">said </a>in a video.



Zuckerberg acknowledged that he built social media platforms for people and a lot of censorship has happened over the years, which included accidentally censoring people who should not have been.



Meta will work on prioritizing speech, focus on reducing mistakes and restore free expression, Zuckerberg added.



Zuckerberg laid out a multi-point plan, which includes.



<ol>
<li>Replace fact checkers with community notes, similar to X</li>



<li>Simplify content policy topics</li>



<li>New approach to policy enforcement</li>



<li>Bringing back civic content</li>



<li>Move our trust and safety and content moderation teams out of California to Texas</li>



<li>Protect free expression worldwide</li>
</ol>



Zuckerberg said that legacy media&#8217;s coverage of misinformation after Trump's 2016 election became increasingly biased. "It's gone too far," he added.



Community notes will be phased into Meta's operations, beginning with the United States.



Zuckerberg said Meta currently has filters that scan for policy violations and shut content down. Under the new plan, filters will scan for the top issues, and the system will rely on users to report lower-level violations.



The Meta CEO said this will dramatically lower the level of censorship on the platforms.



Zuckerberg acknowledged that there would be a trade-off with less bad stuff caught by filters, but less positive stuff would be taken down by accident.



The Meta CEO said Europe has made things difficult for social media and China has censored the company's apps from working in the country.



"We're going to work with President Trump."



Zuckerberg said it is time to simplify the system and get back to Meta's roots.



"We have the opportunity to restore free expression and I am excited to take it."



Are you buying when the CEOs of the Magnificent 7 are selling?



<ul>
<li>Stay in the know with our Insider Trades page — <a href="https://www.benzinga.com/sec/insider-trades/">see when leaders like Mark Zuckerberg, Elon Musk, and Jensen Huang are offloading their own shares.</a></li>
</ul>



Why It's Important: Meta's change comes as the <a href="https://www.benzinga.com/tech/25/01/42779753/mark-zuckerbergs-meta-replaces-global-affairs-chief-nick-clegg-with-republican-joel-kaplan-ahead-of-trump-inauguration">company recently announced</a> that Joel Kaplan, a former Republican White House Deputy Chief of Staff under George W. Bush, will become the company's head of global affairs.



Kaplan replaces Nick Clegg, who was instrumental in deciding on Trump being banned on platforms like Facebook and Instagram.



In Tuesday&#8217;s content moderation announcement, Kaplan revealed that Meta removed millions of pieces of content daily in December. However, he acknowledged that one to two out of every 10 removals may have been mistakes, involving content that should not have been taken down.



Zuckerberg's announcements come as his former tense relationship with Trump has appeared to improve. Zuckerberg <a href="https://www.benzinga.com/markets/24/11/42227958/mark-zuckerberg-and-trump-reportedly-met-at-mar-a-lago">met with Trump </a>at Mar-a-Lago in November and <a href="https://www.benzinga.com/news/24/12/42454227/months-after-trump-threatened-to-put-mark-zuckerberg-in-prison-meta-ceo-donates-1m-to-president-elects-inaugural-event">recently donated $1 million</a> to his inauguration fund.



Trump previously threatened to put Zuckerberg in jail over his past handling of the president on Facebook and Instagram.



Zuckerberg's announcement also comes after Meta announced three new people added to the company's Board of Directors, including Trump-ally Dana White.



One question will be whether Musk approves copying the Community Notes moderation style. Musk previously took exception to Zuckerberg's launch of Threads, which copied many elements of X. The launch led to calls for a cage fight between the two billionaires.



X CEO Linda Yaccarino celebrated the announcement Tuesday.



"COMMUNITY NOTES FTW! Fact-checking and moderation doesn't belong in the hands of a few select gatekeepers who can easily inject their bias into decisions. It's a democratic process that belongs in the hands of many," Yaccarino <a href="https://x.com/lindayaX/status/1876612826456019145">tweeted</a>.



Yaccarino said this is a "smart move by Zuck" and she believes other platforms will follow X's lead.



META Price Action: Meta stock is down 3.1% to $610.77 on Tuesday versus a 52-week trading range of $352.05 to $638.40. Meta stock is up 74% over the last year.



Read Next: 



<ul>
<li><a href="https://www.benzinga.com/news/management/25/01/42771258/worlds-top-10-richest-people-gained-more-wealth-in-2024-than-costco-and-nikes-combined-valuation-how-elon-musk-warren-buffett-and-others-fared">World&#8217;s Top 10 Richest People Gained More Wealth In 2024 Than Costco And Nike&#8217;s Combined Valuation: How Elon Musk, Warren Buffett And Others Fared</a></li>
</ul>



Photo: Shutterstock

News

Social Media

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Tech

Meta Drops Fact-Checking For Community Notes: Zuckerberg Sees 'Opportunity To Restore Free Expression'

Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) saw its stock price climb to fresh all-time highs in Tuesday's premarket trading following its show-stopping presentation at CES 2025 in Las Vegas, where the company unveiled a bold vision for the future of artificial <a href="https://www.benzinga.com/tech/25/01/42838231/jensen-huang-unveils-3000-personal-ai-supercomputer-the-size-of-a-small-book-it-runs-the-entire-nvidia-ai-stack">intelligence (AI) and robotics. </a>



Founder and CEO Jensen Huang delivered a keynote Monday that emphasized Physical AI as the next frontier for the robotics industry, likening the moment to what ChatGPT represented for natural language processing. 



In a note shared Tuesday, Goldman Sachs analyst Toshiya Hari reiterated his Buy rating on Nvidia stock, which is also on the firm's Conviction List.



"We believe today's string of announcements, at a minimum, highlights the company's ability to innovate at industry-leading speed across hardware and software as well as its robust partner and customer ecosystem," Hari said. 



<h3 class="wp-block-heading">A New Standard In Gaming And Computing Power</h3>



Central to Nvidia's CES announcements was the launch of its RTX Blackwell family of GPUs, which includes the GeForce RTX 5090 and RTX 5070. 



These next-generation GPUs are poised to redefine gaming and creative computing, offering unprecedented performance gains.



The RTX 5090, which features 92 billion transistors and 3,352 AI TOPS of computing power, is designed to deliver 2x the performance of the RTX 4090, thanks to AI-driven rendering technology. This advancement allows the GPU to generate three frames for every one rendered, dramatically boosting frame rates.



For budget-conscious gamers, Nvidia introduced the RTX 5070 at $549, which promises performance equivalent to the current RTX 4090, a GPU priced at $1,599. 



According to Huang, this family of GPUs demonstrates Nvidia's focus on driving down the cost of compute as models, including OpenAI's o1 and o3 and Google's Gemini Pro, continue to increase in complexity.



<h3 class="wp-block-heading">Physical AI: The &#8220;Largest Technology Industry the World's Ever Seen&#8221;</h3>



Huang's keynote went beyond GPUs, focusing heavily on Physical AI—a domain encompassing robotics, autonomous systems, and real-world AI applications. 



According to Hari, Nvidia is positioning itself to lead what Huang described as "the largest technology industry the world's ever seen."



Nvidia&#8217;s strategy is grounded in three key scaling laws:



<ol>
<li>Pre-training scaling, which improves AI models by applying more computational power to larger datasets.</li>



<li>Post-training scaling, which enhances models through reinforcement learning.</li>



<li>Test-time scaling, where models gain reasoning and problem-solving capabilities.</li>
</ol>



<h3 class="wp-block-heading">Nvidia Unveils &#8216;Cosmos&#8217;</h3>



Nvidia introduced Cosmos, an open platform designed to democratize physical AI development for applications like autonomous vehicles and humanoid robots. 



Hari said, "Cosmos (which NVDA has made available under an open model license) democratizes the development process through synthetic data for training and evaluation."



The platform also integrates with Nvidia's Omniverse, enabling developers to simulate AI scenarios—such as snowy roads or crowded warehouses—without relying on real-world data collection.



<h3 class="wp-block-heading">Llama Nemotron And The Future Of Robotics</h3>



In collaboration with Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Nvidia unveiled the Llama Nemotron Language Foundation Models, designed for enterprise AI applications such as fraud detection and customer support. 



Hari highlighted, "These models are optimized for Agentic AI for enterprises and provide options for different scale deployments."



Hari indicated that the development of humanoid robots hinges on processing imitation information, which Nvidia aims to accelerate using its Omniverse platform.



<h3 class="wp-block-heading">Market Reactions And Goldman Sachs&#8217; Nvidia Outlook </h3>



Shares of Nvidia were up 2.3% to $152 during Tuesday&#8217;s premarket trading , poised to open the session at record highs.



Goldman Sachs holds a 12-month price target of $165 on Nvidia, based on a 50x multiple of its normalized EPS estimate of $3.30. 



Read now: 



<ul>
<li><a href="https://www.benzinga.com/25/01/42830046/amd-reveals-new-ai-processors-gaming-products-ahead-of-ces-2025-shares-rise">AMD Unveils &#8216;Next Generation&#8217; AI Processors, Gaming Gear Ahead Of CES 2025</a></li>
</ul>



Photo: Shutterstock

Analyst Color

Large Cap

Price Target

NVDA

Nvidia Hits Record Highs On CES AI Breakthroughs: Goldman Stays Bullish

U.S. auto safety regulator National Highway Traffic Safety Administration (NHTSA) on Tuesday said that it is opening an investigation into about 2.6 million Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) vehicles equipped with the company&#8217;s full self-driving driver assistance technology following a complaint alleging that the use of its &#8220;Actually Smart Summon&#8221; feature led to a crash.



What Happened: The regulator said that it received a complaint about the Actually Smart Summon feature leading to a crash and it subsequently reviewed at least three media reports of similar crashes. In all four incidents, the Tesla vehicle failed to detect posts or parked vehicles, it said.



Tesla, however, has not reported any crashes during the use of the feature though rules mandate reporting for crashes involving automated driving systems on publicly accessible roads, the regulator said. 



Actually Smart Summon refers to a feature that allows a user to remotely move the vehicle towards themselves or to another nearby location such as a parking lot through the company&#8217;s phone app.



&#8220;ODI is aware of multiple crash allegations, involving both Smart Summon and Actually Smart Summon, where the user had too little reaction time to avoid a crash, either with the available line of sight or releasing the phone app button, which stops the vehicle's movement,&#8221; the regulator said.



The probe, NHTSA said, will investigate Actually Smart Summon&#8217;s capabilities while also evaluating the top speed that a vehicle can attain while the feature is engaged. The NHTSA will also evaluate the restrictions in place for use of the feature on public roads and line of sight requirements, it said. 



Why It Matters: Tesla started rolling out Actually Smart Summon to vehicles in the U.S. in early September. The company also <a href="https://www.benzinga.com/24/12/42479639/tesla-launches-actually-smart-summon-feature-in-china-ahead-of-fsd-rollout-in-early-2025">launched the feature on its vehicles in China</a> in December. 



The newly announced probe is the second probe by the regulator into Tesla in less than six months. 



In October, NHTSA opened an investigation into<a href="https://www.benzinga.com/news/24/10/41398764/nhtsa-opens-probe-into-2-4m-tesla-vehicles-after-reports-of-4-crashes-with-fsd-involved"> 2.4 million Tesla vehicles</a> following reports of four crashes where its&nbsp;<a href="https://www.benzinga.com/topic/tesla-fsd" target="_blank" rel="noreferrer noopener">full self-driving</a>&nbsp;(FSD) partial driving automation system was engaged.



The regulator then said that it had identified four crash reports in which a Tesla experienced a crash after entering an area of "reduced roadway visibility" with FSD engaged. The reduced visibility, the regulator said, was caused by sun glare, fog, or airborne dust.



In one of the crashes, the vehicle struck and killed a pedestrian, the regulator added.



Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>



Read Next:



<ul>
<li><a href="https://www.benzinga.com/25/01/42836673/toyotas-next-gen-vehicles-to-use-nvidia-supercomputer-operating-system" target="_blank" rel="noreferrer noopener">Nvidia Supercomputer, Operating System To Power Toyota's Next-Gen Vehicles</a></li>
</ul>



Photo courtesy: Shutterstock

Regulations

TSLA

NHTSA Opens Probe Into 2.6 Million Tesla Vehicles After Complaint Of Crashes Linked To Actually Smart Summon Feature

Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) spot ETFs experienced a surge in inflows on Jan. 6, <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42811507/bitcoin-ethereum-solana-institutional-investment-inflows-hit-record-442b-in-2024-nearly-quadrupling-previous-high">totaling nearly $1.2 billion.</a>



What Happened: Bitcoin ETFs alone saw $987 million in net inflows, with Fidelity's (CBOE: FBTC) leading at $370 million and BlackRock's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>) securing $209 million.



Ethereum ETFs received a net inflow of $129 million, according to <a href="https://sosovalue.com/assets/etf/us-btc-spot?from=moved">data</a> from SoSo Value.



The Ethereum spot ETF market now has a total net asset value of $13.466 billion, with Blackrock's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETHA#NASDAQ">ETHA</a>) ETF receiving $124 million alone.



The increased ETF activity coincides with Bitcoin's spot price premium on Coinbase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), which analysts at QCP Capital suggest indicates a possible increase in institutional allocations toward Bitcoin ahead of 2025. 



This activity is further supported by positive regulatory narratives, notably the potential for a pro-crypto Prime Minister in Canada, <a href="https://www.benzinga.com/25/01/42837792/bitcoin-supportive-pierre-poilievre-leads-polymarket-odds-to-become-canadas-prime-minister-after-elections-as-justin-trudeau-resigns">according to</a> Polymarket predictions.



Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42828238/gemini-resolves-cftc-lawsuit-with-5m-settlement-over-bitcoin-futures-misstatements">Gemini Resolves CFTC Lawsuit With $5M Settlement Over Bitcoin Futures Misstatements</a>



What Experts Are Saying: Despite these positive trends, QCP Capital also warns of potential market volatility due to the impending reinstatement of the <a href="https://www.benzinga.com/news/24/12/42713140/us-government-has-less-than-3-weeks-to-raise-debt-ceiling-before-resorting-to-extraordinary-measures-says-treasury-secretary-yellen">U.S. Treasury debt ceiling</a> mid-January. 



This may create uncertainty and pressure markets through the use of extraordinary measures to fund federal expenditures.



Therefore the surge in inflows is met with an undercurrent of fiscal and political uncertainty, which may see volatility rise as the situation develops throughout the month.



Read Next: 



<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42827897/cpai-launches-token-for-ai-powered-crypto-tax-reconciliation-platform">CPAI Launches Token For AI-Powered Crypto Tax Reconciliation Platform</a></li>
</ul>



Image: Shutterstock

Cryptocurrency

$BTC

$ETH

COIN

ETHA

FBTC

IBIT

Bitcoin Spot ETF Inflows Hit $987 Million But Watch This Mid-January Fiscal Deadline

U.S. stocks could open on a tentative note on Tuesday after the averages closed on a mixed note on Monday. Despite a rally in AI stocks and chip-making companies, futures were mixed on Tuesday, pointing at cautiousness among investors.



On investors' radar will be AI bellwether Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), and Toyota Motor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>), among others.



<figure class="wp-block-table"><table><tbody><tr><td>Futures</td><td>Change (+/-)</td></tr><tr><td>Nasdaq 100</td><td>-0.023%</td></tr><tr><td>S&amp;P 500</td><td>0.079%</td></tr><tr><td>Dow Jones</td><td>0.11%</td></tr><tr><td>R2K</td><td>0.15%</td></tr></tbody></table></figure>



In premarket trading on Tuesday, the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) edged up by 0.12% to $596.08 and the Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) declined 0.03% to $524.40, according to<a href="https://benzinga.grsm.io/lxquj26b2sag"> Benzinga Pro data</a>.



Cues From Last Session:



U.S. stocks ended Monday on a mixed note, with Nasdaq and S&amp;P 500 closing the day in green, while the Dow Jones registered a decline.



Crude oil prices remained under the $75 mark but continued to edge up due to concerns about strained supply.



Chipmakers led the rally after Foxconn reported record fourth-quarter revenue. Nvidia shares rose 3.4%, while Micron Technology surged 10.5%, marking some of the session&#8217;s strongest performances.



Treasury yields edged up again as investors await Federal Reserve chair Jerome Powell's speech on the economic outlook.



On the economic data front, the U.S. annual inflation rate rose to 2.6% in October from 2.4% in the previous month, in line with market estimates. The CPI rose 0.2% month-over-month in October.



Most sectors on the S&amp;P 500 closed on a positive note, with consumer discretionary, energy, and real estate stocks recording the biggest gains on Monday.



However, information technology and communication services stocks bucked the overall market trend, closing the session lower.



<figure class="wp-block-table"><table><tbody><tr><td>Index</td><td>Performance (+/-)</td><td>Value</td></tr><tr><td>Nasdaq Composite</td><td>1.24%</td><td>19,864.98</td></tr><tr><td>S&amp;P 500</td><td>0.55%</td><td>5,975.38</td></tr><tr><td>Dow Jones</td><td>-0.06%</td><td>42,706.56</td></tr><tr><td>Russell 2000</td><td>-0.08%</td><td>2,266.65</td></tr></tbody></table></figure>



Insights From Analysts:



WisdomTree and Wharton School economist Jeremy Siegel underscored that one of the reasons for the tentative markets is uncertainty surrounding President-elect Donald Trump's economic policies.



"The market expects immediate action on tariffs, though implementation will take months. Regulatory skepticism for big tech persists, raising questions about the growth potential in this key sector," he said.



Siegel also observed the reliance of markets on AI and tech stocks, noting that the signs of market rotation to other sectors are "still notably absent."



"I could see a market correction in the broad market and a bear market in the Nasdaq if our long-waited market rotation occurs, but the catalyst for this rotation has yet to arrive."



Analysts at the BlackRock Investment Institute <a href="https://www.blackrock.com/us/individual/insights/blackrock-investment-institute/weekly-commentary">echoed</a> similar sentiments while noting that this overreliance on AI and tech stocks could be causing some jitters in the markets.



"Our overweight is grounded in the artificial intelligence (AI) theme, robust economic growth and broadening earnings growth. Soaring tech valuations and the concentration of returns in just a few tech companies caused some market jitters."



Despite this, they observed that this is a feature, not a flaw.



See Also:<a href="https://www.benzinga.com/money/how-to-trade-futures"> How To Trade Futures</a>



Upcoming Economic Data



Here are the key economic events scheduled for Tuesday and the rest of the week:



<ul>
<li>On Tuesday, Richmond Fed President Tom Barkin will be speaking at 8:00 a.m., ET.</li>



<li>U.S. trade deficit data for November will be released at 8:30 a.m., ET.</li>



<li>ISM services data for December and job openings data for November will be announced at 10:00 a.m., ET.</li>



<li>On Wednesday, December&#8217;s ADP employment data will be released at 8:15 a.m., ET.</li>



<li>The minutes of the Fed&#8217;s December FOMC meeting will be released at 2:00 p.m., ET.</li>



<li>Consumer credit data for December will be announced at 3:00 p.m., ET.</li>



<li>On Thursday, initial jobless claims till Jan. 4 will be announced at 8:30 a.m., ET.</li>



<li>Wholesale inventories data for November will be released at 10:00 a.m., ET.</li>



<li>On Friday, the U.S. employment report, unemployment rate, and hourly wages data for December along with hourly wages year over year will be released at 8:30 a.m., ET.</li>



<li>The preliminary consumer sentiment data for January will be announced at 10:00 a.m., ET.</li>
</ul>



Stocks In Focus:



<ul>
<li>Lucid Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>) rose 1.20% in Tuesday&#8217;s premarket after the company announced that the highly anticipated Lucid Gravity Grand Touring will be powered by Panasonic Energy&#8217;s lithium-ion EV battery cells.</li>



<li>Nvidia gained 2.34% after CEO Jensen Huang <a href="https://www.benzinga.com/25/01/42835923/jensen-huang-unveils-monster-gpus-nvidias-rtx-5000-series-starting-at-549">delivered the keynote at CES</a> 2025.</li>



<li>Uber (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) gained 1.64% after the ride-hailing company and NVIDIA <a href="https://www.benzinga.com/trading-ideas/movers/25/01/42839556/uber-and-nvidia-partner-on-ai-technology-for-autonomous-cars">entered into a strategic partnership </a>aimed at advancing AI-powered autonomous vehicle (AV) technology.</li>



<li>Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) declined 0.63% after the company officially halted sales of the Quest Pro, as noted by UploadVR.</li>



<li>Getty Images Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GETY#NYSE">GETY</a>) gained 74.71% and Shutterstock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSTK#NYSE">SSTK</a>) was up 39.77% after they announced a merger of equals, combining to create a premier visual content company with an enterprise value of approximately $3.7 billion.</li>
</ul>



Commodities, Bonds And Global Equity Markets:



Crude oil futures surged in the early New York session, rising by 0.42% to hover around $68.72 per barrel.



The 10-year Treasury note yield edged up about to 4.457%.



Most of the major Asian markets ended in the red on Thursday, but European markets were in the green in early trading.



Read Next:



<ul>
<li><a href="https://www.benzinga.com/tech/25/01/42835923/jensen-huang-unveils-monster-gpus-nvidias-rtx-5000-series-starting-at-549">Jensen Huang Unveils Monster GPUs: Nvidia&#8217;s RTX 5000 Series Starting At $549</a></li>
</ul>



Photo courtesy: Wikimedia

Equities

Futures

Economics

Federal Reserve

Pre-Market Outlook

Markets

Trading Ideas

GETY

LCID

SSTK

UBER

US Stocks Could Open On A Tentative Note; Nvidia, AMD And Toyota On Investors' Radar: Experts Flag Over Reliance On AI, Tech Stocks

On Monday evening, Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO Jensen Huang delivered the keynote at CES 2025. 



What Happened: The keynote was live-streamed from Mandalay Bay Michelob ULTRA Arena in Las Vegas, Nevada. The venue typically accommodates 12,000 people, but Nvidia reportedly intended to pack in up to 14,000 by using the arena&#8217;s center space.



<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="&#x1f534;WATCH LIVE: NVIDIA CEO Jensen Huang Keynote Speech at CES 2025" width="500" height="281" src="https://www.youtube.com/embed/UGAT_MK0R6g?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>
</div></figure>



Nvidia CEO Huang walked up on the stage clad in a trademark leather jacket, which this time was a bit shiny. He asked the crowd if they liked his crocodile pattern jacket. "Let it sink in," he said.



See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/42822846/nvidia-5000-series-product-updates-make-it-top-semiconductor-pick-ahead-of-jensen-huangs-ces-keynote-analyst">Nvidia 5000 Series, Product Updates Make It Top Semiconductor Pick Ahead Of Jensen Huang&#8217;s CES Keynote: Analyst</a>



At the beginning of the event, Huang showcased Nvidia's RTX Blackwell GPUs with a real-time rendering demo, highlighting new features like RTX Neural Materials, RTX Neural Faces, text-to-animation, and DLSS 4.



<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 GeForce RTX 5090 is the most powerful GeForce GPU ever made, bringing game-changing capabilities to gamers and creators. The RTX 5090 will be available starting January 30. <a href="https://t.co/ddDMbs36Fg">pic.twitter.com/ddDMbs36Fg</a>&mdash; NVIDIA GeForce (@NVIDIAGeForce) <a href="https://twitter.com/NVIDIAGeForce/status/1876473866559554041?ref_src=twsrc%5Etfw">January 7, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



The keynote&#8217;s highlight was the introduction of the latest GeForce RTX 5000 Graphic cards series, which include the $1,999 RTX 5090, $999 RTX 5080, $749 RTX 5070 Ti, and $549 RTX 5070.



<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXc5Z4UsyiwBRKN1Xos6-01vtbZBBkBr23h58yTNBrloHcmCHgcAag5EObCmdi7vvCvSwkf3QuKa7ZaRGuRTMxr1qfc3OeSG3varkguglJePaaqeTtn5yFwZqoucSS15ZvjTc_Z7TA?key=ZqRTo9hvTDgMJhpMbDV8fVRW" alt=""/><figcaption class="wp-element-caption">Source: Nvidia/YouTube</figcaption></figure>



Nvidia will release the RTX 5090 and RTX 5080 GPUs on January 30, with the RTX 5070 Ti and RTX 5070 launching shortly after. They will feature a redesigned Founders Edition with two double flow-through fans, a 3D vapor chamber, and GDDR7 memory.



The RTX 5090 Founders Edition is a two-slot GPU designed to fit into compact PC builds. It comes with 32GB of GDDR7 memory, a memory bandwidth of 1,792GB/sec, and an impressive 21,760 CUDA cores.&nbsp;



According to Nvidia, this GPU will be twice as fast as the RTX 4090, thanks to the advancements of DLSS 4 and the Blackwell architecture.



Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.



Huang also introduced its RTX 50-series to laptops, with the $2,899 RTX 5090 laptop GPU featuring 24GB of GDDR7 memory at launch. The $2,199 RTX 5080 laptop GPU will include 16GB of GDDR7 memory, the $1,599 RTX 5070 Ti will have 12GB, and the $1,299 RTX 5070 will come with 8GB of GDDR7 memory.



These RTX 50-series laptops will be available starting in March from various PC manufacturers.



<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXe9UwrKbpwYQAvXm20QMDFPeXgTtvI47g50v_jNWOWbBreTgWNjEQdLn1Qh1c4ha1W8nRdOH5wdK2-V7rso-pAYvMHpaD0JrTzx__INz1Ylecodd0IGNXY2T4w0y-c-ycRTAJYcBg?key=ZqRTo9hvTDgMJhpMbDV8fVRW" alt=""/><figcaption class="wp-element-caption">Source: Nvidia/YouTube</figcaption></figure>



Huang also unveiled the Grace Blackwell NVLink 72, which boasts 72 Blackwell GPUs, 2,592 Grace CPU cores, and 130 trillion transistors.



<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXd084fq38ty-gye28ku6F8yIPoqYV_yLCCmvr_yX44zuGvDqpSDdylUmuqeRshlXE_vFWMIOoZGTleKb5-tv8ObL4UkIApWNQ5N7THAFubacdDwxBo23nrivzgIKJVA8NZxy-Ko?key=ZqRTo9hvTDgMJhpMbDV8fVRW" alt=""/></figure>



Source: Nvidia/YouTube



This system, offering four times the performance per watt, will play a crucial role in powering Agentic AIs that use test-time scaling for real-time reasoning and decision-making.



In a light moment during the keynote, Huang tried to embody his inner Captain America and re-created the iconic moment from "Avengers Endgame," and laughed saying, "I thought I was worthy."



<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfv6XjdbJR6PB0_zfMSC4dvU3gMUlJhyR3z5FrPiLPulXcJklHjLcmxJA02ZraQB7JYQWPhS6Wt__SHBWdMGV9F-LeRYgJVvj79EPanBTeBN8gWApRI40GfRw6MR5XlE_2tGvBPEA?key=ZqRTo9hvTDgMJhpMbDV8fVRW" alt=""/><figcaption class="wp-element-caption">Source: Nvidia/YouTube</figcaption></figure>



Price Action: Nvidia&#8217;s stock climbed 3.43% on Monday, ending the day at $149.43. In after-hours trading, it gained an additional 0.57%, reaching $150.28, according to <a href="https://benzinga.grsm.io/lxquj26b2sag">data from Benzinga Pro</a>.



Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech">following this link</a>.



Image Via Shutterstock



Read Next:



<ul>
<li><a href="https://www.benzinga.com/trading-ideas/technicals/25/01/42827345/nvidia-soars-amd-stalls-ai-race-heats-up-at-ces-2025">Nvidia Soars, AMD Stalls: AI Race Heats Up At CES 2025</a></li>
</ul>

Jensen Huang Unveils Monster GPUs: Nvidia's RTX 5000 Series Starting At $549

Leading cryptocurrencies jumped on Monday, driven by corporate Bitcoin purchases and a fresh bullish price prediction for 2025.



<figure class="wp-block-table"><table><tbody><tr><td>Cryptocurrency</td><td>Gains +/-</td><td>Price (Recorded at 7:45 p.m. ET)</td></tr><tr><td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>+3.92%</td><td>$102,256.53</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>+1.44%</td><td>$3,684.22</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>+2.56%</td><td>$0.3899</td></tr></tbody></table></figure>



What Happened: Bitcoin soared above $100,000 for the first time since Dec. 19, ending weeks of choppy price action just below the key level.



The rally was bolstered by MicroStrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) and Metaplanet, popularly referred to as "Asia's MicroStrategy," as both companies <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42814054/microstrategy-extends-bitcoin-buying-streak-metaplanet-aims-for-10000-btc-war-chest">acquired more Bitcoin</a> for their reserves.



Additionally, Bernstein <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42810885/bitcoin-to-200000-as-crypto-enters-infinity-age-in-2025-bernstein-predicts">painted a $200,000 target</a> for Bitcoin by the end of 2025, contributing to the rally.



Ethereum broke out above $3,600, reaching $3,739 for the first time in over two weeks.&nbsp;



More than $221 million was liquidated from the cryptocurrency market in the last 24 hours, with $133 million in downside bets getting wiped out.



That said, more than $1 billion in long positions risked liquidation if Bitcoin fell to $97,720.



Bitcoin's Open Interest soared 16.52% in the last 24 hours, indicating massive speculative interest for the apex cryptocurrency.



The "Extreme Greed" sentiment took over the market, according to the Crypto Fear &amp; Greed Index, raising fears of a potential correction.



Top Gainers (24-Hours)



<figure class="wp-block-table"><table><tbody><tr><td>Cryptocurrency</td><td>Gains +/-</td><td>Price (Recorded at 7:45 p.m. ET)</td></tr><tr><td>The Sandbox (SAND)</td><td>+8.88%</td><td>$0.6958</td></tr><tr><td>Worldcoin (WLD)</td><td>+8.53%</td><td>$2.61</td></tr><tr><td>Pudgy Penguins (PENJU)</td><td>+7.51%</td><td>$0.04315</td></tr></tbody></table></figure>



The global cryptocurrency market capitalization stood at $3.59 trillion, following a rise of 2.64% in the last 24 hours.



Tech stocks rallied on Monday. The Nasdaq Composite spiked 1.24% to close at 19,864.98. The S&amp;P 500 also closed in the green, ending 0.55% higher at 5,975.38. However, the Dow Jones Industrial Average closed the session at a minor loss of 0.06%.



Artificial intelligence behemoth NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) contributed to the tech rally, surging 3.43% to $149.43, driven by investor anticipation surrounding CEO Jensen Huang‘s <a href="https://www.benzinga.com/pre-market-outlook/25/01/42813341/nvidia-jumps-up-in-pre-market-on-monday-ahead-of-jensen-huangs-keynote-at-ces-la">keynote at the CES trade show</a> in Las Vegas.



See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>



Analyst Notes: Popular cryptocurrency analyst Rekt Capital stated that Bitcoin needs a daily close above $101,165 for the bias to turn bullish and break out from the daily range.



<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/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> Bitcoin is mere hours away from positioning itself for a bullish Daily Candle Close and breakout from this Daily range Needs a Daily Close above $101,165 (black)<a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://t.co/wrIB3i3n1g">https://t.co/wrIB3i3n1g</a> <a href="https://t.co/bC4IL4bnqK">pic.twitter.com/bC4IL4bnqK</a>&mdash; Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1876386068288729171?ref_src=twsrc%5Etfw">January 6, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Another widely followed cryptocurrency market commentator, Miles Deutscher, highlighted that retail demand for Bitcoin was nearing historic lows, despite a run above $100,000.



"This run is being driven by institutions/ETFs/nation states. For this reason, you can&#8217;t really compare this cycle to past cycles," Deutscher added.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> on-chain retail demand is nosediving to historic lows, despite BTC pushing $100k. This run is being driven by institutions/ETFs/nation states. For this reason, you can&#39;t really compare this cycle to past cycles. <a href="https://t.co/S5tKFDuBX9">pic.twitter.com/S5tKFDuBX9</a>&mdash; Miles Deutscher (@milesdeutscher) <a href="https://twitter.com/milesdeutscher/status/1876207088973849056?ref_src=twsrc%5Etfw">January 6, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Low retail interest in Bitcoin could also suggest that the cryptocurrency cycle was still in its early stages.



Image via Shutterstock



Read Next:&nbsp;&nbsp;&nbsp;&nbsp;



<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42815711/bitcoin-is-the-the-grand-daddy-and-outshines-wall-street-anthony-pompliano-says">Bitcoin Is The &#8216;The Grand Daddy&#8217; And Outshines Wall Street, Anthony Pompliano Says</a></li>
</ul>

Movers

$DOGE

MSTR

Bitcoin Makes Its Move Over $100K, Ethereum, Dogecoin Rally As Corporate BTC Adoption Strengthens: Analyst Says Ongoing BTC Run Different From Past Cycles

The CNN Money Fear and Greed index showed some easing in the overall fear level, while the index remained in the &#8220;Fear&#8221; zone on Monday.



U.S. stocks settled mostly higher on Monday, with the S&amp;P 500 and Nasdaq Composite recording back-to-back gains during the session.



Chip stocks were among the top gainers of the session after Foxconn disclosed record revenue for the fourth quarter. Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) shares gained 3.4%, while Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) jumped 10.5% on Monday.



Among Monday's notable headlines, The Washington Post reported Donald Trump's economic team is exploring a more targeted version of its universal tariff plan, aiming to apply tariffs to specific sectors rather than implementing a broad measure on all imports.



On the economic data front, the S&amp;P Global services PMI was revised downward to 56.8 in December compared to a preliminary reading of 58.5, and versus a reading of 56.1 in November.



Most sectors on the S&amp;P 500 closed on a negative note, with consumer staples, utilities, and real estate stocks recording the biggest losses on Monday. However, communication services and information technology stocks bucked the overall market trend, closing the session higher.



The Dow Jones closed lower by around 26 points to 42,706.56 on Monday. The S&amp;P 500 gained 0.55% to 5,975.38, while the Nasdaq Composite climbed 1.24% at 19,864.98 during Monday's session.



Investors are awaiting earnings results from RPM International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RPM#NYSE">RPM</a>), AAR Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIR#NYSE">AIR</a>), and Cal-Maine Foods Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CALM#NASDAQ">CALM</a>) today.



What is CNN Business Fear &amp; Greed Index?



At a current reading of 36.7, the index remained in the &#8220;Fear&#8221; zone on Monday, versus a prior reading of 33.3.



The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.



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<li><a href="https://www.benzinga.com/25/01/42820522/jpmorgan-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-call">JPMorgan Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call</a></li>
</ul>



Photo courtesy: Shutterstock

Earnings

CALM

Nasdaq Jumps Over 1% As Nvidia, Micron Surge: Investor Fear Eases, But Greed Index Remains In 'Fear' Zone

On Monday, Cathie Wood-led Ark Invest made notable trades involving Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>). and Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>).



The Palantir Trade



Ark Invest executed a significant sale of Palantir Technologies Inc. shares across multiple ETFs, including Ark Fintech Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#NYSE">ARKF</a>), ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>), and ARK Next Generation Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#NYSE">ARKW</a>). The total shares sold amounted to 196,728. The trade was worth $14.93 million. This move comes amid a backdrop of mixed analyst ratings for Palantir. Recently, <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/42811388/palantir-trades-in-the-red-during-monday-premarket-as-morgan-stanley-assigns-underw">Morgan Stanley</a> <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/42811388/palantir-trades-in-the-red-during-monday-premarket-as-morgan-stanley-assigns-underw">assigned an &#8216;underweight&#8217; rating to Palantir</a>, setting a price target of $60, following a 379% gain over the past year. The stock closed at $75.92 on Monday, reflecting a 4.97% decline.



Despite its strong performance in U.S. commercial and government sectors, Palantir&#8217;s valuation has been a point of contention among analysts. On Sunday, CNBC host Jim Cramer indicated <a href="https://www.benzinga.com/markets/equities/25/01/42806417/jim-cramer-works-sunday-brainstorm-on-buying-palantir-and-tesla-stock-calls-them-protective-intellectual-blankets">interest in purchasing</a> Palantir shares for his investing club portfolio.



Palantir stock has shot up over 355% over an one-year period but is down 0.4% since 2025 began.



The Amazon Trade



In contrast, Ark Invest increased its position in&nbsp;Amazon.com Inc.&nbsp;by acquiring 39,288 shares through ARKF and ARKW. The total value of this purchase was approximately $8.94 million, based on Monday&#8217;s closing price of $227.61. This move aligns with Ark&#8217;s previous strategy of bolstering its Amazon holdings, as seen in&nbsp;<a href="https://www.benzinga.com/24/12/42664623/cathie-wood-led-ark-invests-monday-moves-dumps-tesla-palantir-stock-adds-amazon">recent trades</a>.



Amazon&#8217;s stock has been buoyed by positive analyst sentiment, with some forecasts predicting a <a href="https://www.benzinga.com/24/12/42412458/amazon-to-rally-around-15-here-are-10-top-analyst-forecasts-for-tuesday">potential 15% rally.</a>



Other Key Trades:



<ul>
<li>Ark sold 3,769 shares of Coinbase Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) from its ARKF fund. The transaction was valued at nearly $1.08 million.</li>



<li>Sold shares of Archer Aviation Inc. from ARKK.Bought shares of Illumina Inc. across ARKG and ARKK.Acquired shares of Pacific Biosciences of California Inc. through ARKG and ARKK.Purchased shares of GitLab Inc. via ARKK and ARKW.</li>
</ul>



Image via Flickr



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<li><a href="https://www.benzinga.com/25/01/42823469/this-toast-analyst-begins-coverage-on-a-bullish-note-here-are-top-5-initiations-for-monday">This Toast Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Monday</a></li>
</ul>



This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

ETFs

AMZN

ARKF

ARKK

ARKW

PLTR

Cathie Wood's Monday Moves: Dumps $15M Worth Of Hot Stock Palantir, Loads Up Amazon.com

Nippon Steel Corp.&#8217;s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NPSCY#OTC">NPSCY</a>) lawsuit challenging President Joe Biden&#8216;s block of its $14.9 billion acquisition of US Steel Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) faces steep legal hurdles but could buy time for <a href="https://www.benzinga.com/markets/equities/25/01/42806543/cleveland-cliffs-ceo-predicted-bidens-block-149b-nippon-steel-us-steel-deal-months-before-action">alternative deal structures</a>, legal experts say.



The Japanese steelmaker filed suit Monday claiming Biden violated constitutional due process rights by <a href="https://www.benzinga.com/news/global/25/01/42825094/us-steel-nippon-steel-sue-biden-administration-cleveland-cliffs-union-in-response-to-blocked-merger">prejudging the deal</a> through the Committee on Foreign Investment in the United States review. 



The companies allege Biden&#8217;s March opposition aimed to secure union support in Pennsylvania before leaving the ticket.



While courts typically defer to executive branch national security decisions, the lawsuit could extend negotiations beyond the current 30-day unwinding period through Jun. 18, when regulatory approvals expire, reported Reuters. This extension might prove crucial as former President Donald Trump, who initially opposed the deal, could take office in 2025.



&#8220;The lawsuit will give them more time to negotiate with the new administration or find alternatives that are acceptable,&#8221; said Nick Klein, national security lawyer at DLA Piper, though he called the legal challenge &#8220;an uphill battle.&#8221; 



The White House denies allegations of political motivation in blocking the merger. 



Price Action: United States Steel stock closed at $32.95 on Monday, up 8.17% for the day. In after-hours trading, the stock gained an additional 0.58%. Over the past year, the stock has declined by 32.05%, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>. Nippon Steel stock is currently trading at JPY 3,106, down 1.65% at the time of writing. Over the past year, it has dropped 6.98%.



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<li><a href="https://www.benzinga.com/general/space/25/01/42828631/exclusive-rocket-lab-intuitive-machines-redwire-or-ast-spacemobile-33-of-readers-pick-this-space-stock-for-2025">EXCLUSIVE: Rocket Lab, Intuitive Machines, Redwire Or AST SpaceMobile? 33% Of Readers Pick This Space Stock For 2025</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.

NPSCY

Nippon Steel's Lawsuit Against Biden Administration May Extend US Steel Deal Timeline

Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) unveiled Monday an extensive lineup of next-generation processors and gaming products ahead of Consumer Electronics Show 2025 in Las Vegas, targeting the growing demand for high-performance AI-enabled PCs, gaming <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/42822846/nvidia-5000-series-product-updates-make-it-top-semiconductor-pick-ahead-of-jensen-huangs-ces-keynote-analyst">systems, and mobile devices.</a>



<h3 class="wp-block-heading">Next-Gen Processors: AI PCs And Enterprise Innovation</h3>



AMD introduced the Ryzen AI Max Series, Ryzen AI 300 Series, and Ryzen AI 200 Series processors, built on AMD's Zen 5 and Zen 4 architectures. These processors cater to a variety of users, from premium thin-and-light notebooks to everyday productivity tasks. 



For enterprise users, AMD expanded its Ryzen PRO Series lineup, integrating advanced AMD PRO Technologies for security and IT manageability.



"With the next generation of AI-enabled processors, we are proliferating AI to devices everywhere, bringing the power of a workstation to thin and light laptops," said Jack Huynh, AMD's senior vice president and general manager of Computing and Graphics.



The flagship Ryzen AI Max processors boast up to 16 Zen 5 CPU cores, 40 AMD RDNA 3.5 graphics compute units, and an AMD XDNA 2 Neural Processing Unit capable of 50 trillion operations per second. Systems powered by these processors will be available starting in the first quarter 2025.



<h3 class="wp-block-heading">Gaming: Pushing Desktop And Mobile Performance Limits</h3>



AMD's gaming announcements were headlined by the new Ryzen 9950X3D and Ryzen 9900X3D desktop processors, featuring 2nd-generation 3D V-Cache technology for unprecedented gaming and content-creation performance. Both processors are based on AMD's Zen 5 cores and optimized for high clock speeds and lower temperatures.



For handheld gaming enthusiasts, AMD launched the Ryzen Z2 Series processors, promising AAA gaming experiences on portable devices with up to 8 cores and AMD RDNA 3.5 architecture. These systems are also slated for release in the first quarter of the year.



&#8220;Gaming has become one of the biggest forms of entertainment worldwide,&#8221; Huynh stated, adding, &#8220;Today's announcements underscore our commitment to delivering hardware that eliminates performance bottlenecks for gamers."



Read Also: <a href="https://www.benzinga.com/25/01/42818093/amd-and-stradvision-team-up-to-boost-adas-backed-by-trump-and-musks-vision-for-autonomous-cars">AMD, StradVision Team Up To Boost Driver Assistance Systems For Autonomous Cars</a>



<h3 class="wp-block-heading">Collaboration With Dell</h3>



AMD also announced its Ryzen AI PRO processors will power Dell Technologies Inc.&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) new commercial PC lineup.



These devices mark Dell's first use of AMD's AI-focused silicon in enterprise PCs, a milestone in their long-standing partnership.



"We're incredibly proud to collaborate with Dell on the next generation of commercial PCs," Huynh said. 



Sam Burd, President of the Client Solutions Group at Dell Technologies, highlighted the importance of AI innovation, stating, "AI PCs represent the next frontier in computing, transforming how we work, create and connect."



<h3 class="wp-block-heading">Market Reactions</h3>



Minutes after the product announcements, AMD shares briefly dipped before rebounding, supported by optimistic projections for its AI and gaming processors. 



At the time of writing, AMD stock was up 3.8% intraday, though still down over 7% year-over-year.



Shares of Dell Technologies were also 3.8% higher by 3:40 p.m. ET, holding session gains. 



Read now: 



<ul>
<li><a href="https://www.benzinga.com/trading-ideas/technicals/25/01/42827345/nvidia-soars-amd-stalls-ai-race-heats-up-at-ces-2025">Nvidia Soars, AMD Stalls: AI Race Heats Up At CES 2025</a></li>
</ul>



Photo: Shutterstock

Events

DELL

AMD Unveils 'Next Generation' AI Processors, Gaming Gear Ahead Of CES 2025

Legendary investor Warren Buffett had a 2024 to remember with Berkshire Hathaway Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>)(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) reaching the $1 trillion market capitalization milestone for <a href="https://www.benzinga.com/general/education/24/08/40652464/warren-buffett-celebrates-94th-birthday-with-1-trillion-market-cap-milestone-a-look-back-at-hig">the first time.</a>



During the year, Buffett&#8217;s Berkshire Hathaway also outperformed the S&amp;P 500, as tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>). 



Overall, Berkshire Hathaway stock was up 27.1% in 2024 versus a 24.1% gain for SPDR S&amp;P 500 ETF Trust, according to data from <a href="https://www.macrotrends.net/stocks/charts/BRK.B/berkshire-hathaway/stock-price-history">Macrotrends</a>. That&#8217;s despite Berkshire Hathaway offloading top-performing Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) stock<a href="https://www.benzinga.com/markets/equities/24/12/42666459/warren-buffett-once-called-berkshire-the-opposite-of-those-who-hurry-to-sell-now-hes-offloading-apple-and-snapping-up-occidental-petroleum-amid-a-20-drop"> during the year.</a>



Here's a look at the gains of Berkshire Hathaway B shares vs. the SPY over the last 20 <a href="https://www.macrotrends.net/stocks/charts/SPY/spdr-s-p-500-etf/stock-price-history">years</a>:



<figure class="wp-block-table"><table><tbody><tr><td>YEAR</td><td>BRK-B</td><td>SPY</td><td>WINNER</td></tr><tr><td>2024</td><td>+27.1%</td><td>+24.1%</td><td>Buffett</td></tr><tr><td>2023</td><td>+15.5%</td><td>+26.7%</td><td>SPY</td></tr><tr><td>2022</td><td>+3.3%</td><td>-17.5%</td><td>Buffett</td></tr><tr><td>2021</td><td>+29.0%</td><td>+28.7%</td><td>Buffett</td></tr><tr><td>2020</td><td>+2.4%</td><td>+18.4%</td><td>SPY</td></tr><tr><td>2019</td><td>+10.9%</td><td>+31.2%</td><td>SPY</td></tr><tr><td>2018</td><td>+3.0%</td><td>-4.6%</td><td>Buffett</td></tr><tr><td>2017</td><td>+21.6%</td><td>+21.7%</td><td>SPY</td></tr><tr><td>2016</td><td>+23.4%</td><td>+12.0%</td><td>Buffett</td></tr><tr><td>2015</td><td>-12.1%</td><td>+1.3%</td><td>SPY</td></tr><tr><td>2014</td><td>+26.6%</td><td>+13.5%</td><td>Buffett</td></tr><tr><td>2013</td><td>+32.2%</td><td>+32.3%</td><td>SPY</td></tr><tr><td>2012</td><td>+17.6%</td><td>+16.0%</td><td>Buffett</td></tr><tr><td>2011</td><td>-4.8%</td><td>+1.9%</td><td>SPY</td></tr><tr><td>2010</td><td>+21.9%</td><td>+15.1%</td><td>Buffett</td></tr><tr><td>2009</td><td>+2.2%</td><td>+26.4%</td><td>SPY</td></tr><tr><td>2008</td><td>-32.1%</td><td>-36.8%</td><td>Buffett</td></tr><tr><td>2007</td><td>+29.2%</td><td>+5.1%</td><td>Buffett</td></tr><tr><td>2006</td><td>+24.9%</td><td>+15.9%</td><td>Buffett</td></tr><tr><td>2005</td><td>-.02%</td><td>+4.8%</td><td>SPY</td></tr></tbody></table><figcaption class="wp-element-caption">The chart shows which stock performed better in the right-hand column.</figcaption></figure>



You may not be a billionaire like Warren Buffett, but you can uncover hidden gems in the stock market using our proprietary data and pattern recognition — <a href="https://www.benzinga.com/25/01/42798998/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet">check out five stocks flying under the radar that deserve your attention.</a>



<h3 class="wp-block-heading">Key Points: Buffett Vs. SPY</h3>



Berkshire Hathaway beat the S&amp;P 500 in 2024, but significantly underperformed in 2023.



The last down year for the S&amp;P 500 came in 2022 with the SPY down 17.5% for the year. For Berkshire Hathaway, the last down year was in 2015, with a 12.1% decline.



Over the last 20 years, the best return for the SPY was +32.3% in 2013, just outperforming Berkshire Hathaway at +32.2% in the same year.



A look at the worst year also sees SPY win with a 36.8% decline in 2008 compared to a 32.1% decline for Berkshire Hathaway in the same year.



Overall, in the last 20 years, Buffett has won the head-to-head battle 11 times with SPY winning nine times. 



Taking the average return of the last 20 years, Berkshire Hathaway leads at 12.1% to 11.5%.



More importantly, the 20-year return is +669% for Berkshire Hathaway compared to a 20-year return of +621.2% for SPY, adjusted for dividends.



When it comes to investing in the SPY vs. Berkshire Hathaway, the Oracle of Omaha leads the battle across many metrics over the last 20 years, including overall returns.



Read Next: 



<ul>
<li><a href="https://www.benzinga.com/general/education/24/12/42734838/warren-buffetts-chilling-warning-to-employees-lose-a-shred-of-reputation-for-the-firm-and-i-will-be-ruthless">Warren Buffett&#8217;s Chilling Warning To Employees: &#8216;Lose A Shred Of Reputation For The Firm And I Will Be Ruthless&#8217;</a></li>
</ul>



Image: Shutterstock

Broad U.S. Equity ETFs

Education

Management

AAPL

Warren Buffett Beats S&P 500 In 2024, How Oracle Of Omaha's Returns Compare Over Past 20 Years

A new Benzinga poll shows one stock could be among the highest-growth names in <a href="https://www.benzinga.com/topic/space-stocks">the space sector for 2025.</a>



What Happened: Investors expressed high interest in the space sector throughout 2024. Last year, Elon Musk-led SpaceX hit a new valuation<a href="https://www.benzinga.com/24/12/42453807/spacex-hits-350-billion-valuation-in-insider-share-sale-ceo-elon-musk-says-no-investors-wanted-to-sell-shares"> of $350 billion.</a>



SpaceX is privately owned and harder for investors to get exposure to. But there are several space stocks that are readily available for investors. Benzinga recently asked readers:



<h3 class="wp-block-heading">Which Space Stock Would You Consider Investing In For 2025?</h3>



The results were:



<ul>
<li>Rocket Lab USA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>): 33%</li>



<li>None, I'm not considering space stocks: 26%</li>



<li>Intuitive Machines (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUNR#NASDAQ">LUNR</a>): 24%</li>



<li>AST SpaceMobile Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>): 15%</li>



<li>Redwire Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDW#NYSE">RDW</a>): 3%</li>
</ul>



Rocket Lab, a rival of SpaceX, won the poll with 33% of the vote. Ranking second was the answer of none of the four space stocks selected for the poll. Intuitive Machines received 24% of the vote as the second most-picked stock in the poll.



Read Also: <a href="https://www.benzinga.com/general/space/24/12/42734926/space-industry-to-see-another-stellar-year-in-2025-investor-says">Space Industry To See Another &#8216;Stellar Year&#8217; In 2025, Investor Says</a>



Why It's Important: The industry could benefit from a new White House administration and <a href="https://www.benzinga.com/trading-ideas/movers/24/12/42323934/shift4-payments-stock-drops-after-ceo-jared-isaacmans-nasa-nomination-whats-going-on">expected new NASA leader</a> Jared Isaacman.



However, given that 26% of readers didn&#8217;t select any of the space stocks could suggest declining interest in the sector. Or, perhaps, valuations are high after 2024 which saw many of the stocks climb.



Here are the gains in 2024 at the time the poll was conducted.



<ul>
<li>RKLB: +382%</li>



<li>LUNR: +690%</li>



<li>ASTS: +334%</li>



<li>RDW: +490%</li>
</ul>



All four companies went public via SPAC merger in recent years. They also had milestones that could show their strength in the space sector along with future growth initiatives.



Redwire <a href="https://redwirespace.com/newsroom/reaching-new-heights-redwires-top-five-moments-from-2024/">shared </a>that bioprinting human heart tissue onboard the International Space Station, a study of the sun launched in November 2024 and the acquisition of spacecraft developer Hera Systems were highlights from 2024.



In February, Intuitive made headlines for helping the U.S. achieve its first soft landing on the Moon since 1972. The feat was a first for the private sector and Intuitive Machines has lunar missions planned for 2024 with the IM-2 having a launch window that could be around February.



Rocket Lab had <a href="https://www.benzinga.com/news/large-cap/24/12/42646240/rocket-lab-ends-2024-with-16th-launch-stock-gains">16 Electron rocket launches</a> in 2024, setting a new annual record and beating the 10 achieved in 2023. The company has future NASA missions to the Moon and Mars and a private commercial mission to Venus among its pipeline rocket deals.



AST SpaceMobile deployed its first five BlueBird satellites as it works to bring space-based broadband to people around the world. The company also <a href="https://x.com/AST_SpaceMobile/status/1871530794076004768">announced </a>Google and Verizon as strategic partners and signed commercial agreements with AT&amp;T and <a href="https://www.benzinga.com/24/12/42390726/ast-spacemobile-secures-long-term-vodafone-deal-to-boost-global-coverage">Vodafone in 2024.</a>



<h3 class="wp-block-heading">ETFs To Watch</h3>



For investors looking to get exposure to multiple space stocks in 2025, there are the Ark Space Exploration &amp; Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKX#BATS">ARKX</a>) and Procure Space ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UFO#NASDAQ">UFO</a>).



Ark Space counts Rocket Lab as the number one holding at 10.2% of the assets, but does not hold the other three stocks above.



The Procure Space ETF has all four space stocks above as part of the ETF with the following holding rankings and percent of assets in the fund.



<ul>
<li>LUNR: #1 holding, 8.4%</li>



<li>RKLB: #2 holding, 5.7%</li>



<li>ASTS: #5 holding, 4.6%</li>



<li>RDW: #15 holding, 2.7%</li>
</ul>



Read Next: 



<ul>
<li><a href="https://www.benzinga.com/tech/24/11/42121665/could-another-magnificent-7-stock-beat-nvidia-in-2025-poll-says-not-likely-27-pick-this-potential-winner">Could Another Magnificent 7 Stock Beat Nvidia In 2025? Poll Says Not Likely, 27% Pick This Potential Winner</a></li>
</ul>



The study was conducted by Benzinga from Dec. 30, 2024 through Jan. 2 , 2025. It included the responses of a diverse population of adults 18 or older. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from 161 adults.



Image: Shutterstock

SPACE

Exclusives

ARKX

ASTS

LUNR

RKLB

EXCLUSIVE: Rocket Lab, Intuitive Machines, Redwire Or AST SpaceMobile? 33% Of Readers Pick This Space Stock For 2025

Pudgy Penguins' (CRYPTO: PENGU) has surged in valuation, securing the fourth position <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42538636/pudgy-penguin-token-launches-at-2-billion-valuation-could-land-between-shiba-inu-and-dogecoin-trader-says">among top meme coins.</a>



Data from Lookonchain revealed a PENGU liquidity provider wallet <a href="https://x.com/lookonchain/status/1876318952948900044">transferring</a> 300 million PENGU tokens to major exchanges, including Binance, KuCoin and Bybit, signaling increasing activity and market presence.



<figure class="wp-block-table"><table><tbody><tr><td>Cryptocurrency</td><td>Price&nbsp;&nbsp;&nbsp;</td><td>Market Cap</td><td>24-Hour Trend</td><td>7-Day Trend</td></tr><tr><td>Pudgy Penguins (CRYPTO: PENGU)</td><td>&nbsp;$0.04423</td><td>$2.8 billion</td><td>+8%&nbsp;</td><td>+39.7%&nbsp;</td></tr><tr><td>Pepe (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>)</td><td>&nbsp;$0.00002094&nbsp;&nbsp;</td><td>$8.8 billion</td><td>+2.1%&nbsp;</td><td>+13%&nbsp;</td></tr><tr><td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td><td>&nbsp;$0.3894</td><td>$57.4 billion</td><td>+2%&nbsp;</td><td>+22.2%&nbsp;</td></tr><tr><td>Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td><td>&nbsp;$0.00002419</td><td>$143 billion</td><td>+2%</td><td>+12.3%&nbsp;</td></tr></tbody></table></figure>



Trader Notes: Crypto trader Eugene Ng Ah Sio shared insights on gaining conviction in high-priced assets. He <a href="https://x.com/0xENAS/status/1875528908436889779">outlined</a> a framework that aligns closely with Pudgy Penguins&#8217; current trajectory:



<ul>
<li>Targeting assets with novel ideas, such as innovative verticals, products or tokenomics.</li>



<li>Favoring newer tokens with fewer entrenched holders, minimizing sell pressure.</li>



<li>Prioritizing tokens with unlimited valuation potential, like meme coins that defy traditional metrics.</li>
</ul>



Another trader, Maison Ghost, praised PENGU, calling it "one of the best for this cycle, billions to come."



<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">study <a href="https://twitter.com/search?q=%24PENGU&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PENGU</a> one of the best for this cycle, billions to come send it higher &#x1f3af; <a href="https://t.co/eN8jJMEf4o">pic.twitter.com/eN8jJMEf4o</a>&mdash; Maison Ghost (@MaisonGhost) <a href="https://twitter.com/MaisonGhost/status/1876316753665638759?ref_src=twsrc%5Etfw">January 6, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Moose, another prominent trader, <a href="https://x.com/JoeyMooose/status/1876261031401665005">reminded</a> the community that GCR, considered one of the best traders of all time, has been bullish on PENGU since 2021. 



GCR predicted that PENGU could be a defining asset for this decade, suggesting that integration with centralized exchanges (CEX) and futures trading would be revolutionary. 



However, he also highlighted challenges like the NFT platform&#8217;s infancy stage and limited liquidity attraction.



Statistics: Pudgy Penguins&#8217; community lead, Berko Crypto, shared impressive engagement metrics within the first few days of 2025. 



It <a href="https://x.com/Berko_Crypto/status/1875243573689643340">posted</a> 1.1 billion views for its GIFs and stickers in early 2025, Telegram stickers sold out in record time and viral campaigns on Instagram and TikTok showcasing the brand&#8217;s cultural relevance.



Pudgy Penguins plans to expand beyond Solana, aiming for integration with Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) and Abstract, an Ethereum layer-2 scaling solution.



According to CoinMarketCap, Ethereum's NFT trading volume <a href="https://coinmarketcap.com/nft/?collection=Ethereum">surged</a> to $186 million in the past week, with Pudgy Penguins contributing significantly. 



CoinGecko data shows PENGU&#8217;s valuation ahead of competitors like Bonk (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">BONK</a>), Dogwifhat (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">WIF</a>), and Floki (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">FLOKI</a>). 



Read Next:&nbsp;



<ul>
<li><a href="https://www.benzinga.com/24/12/42496442/if-you-invested-1000-in-pudgy-penguins-nfts-at-mint-heres-how-much-youd-have-today">If You Invested $1,000 In Pudgy Penguins NFTs At Mint, Here&#8217;s How Much You&#8217;d Have Today</a></li>
</ul>



Image via Pudgy Penguin

$BONK

$FLOKI

$PEPE

$SHIB

$WIF

Pudgy Penguins Coin PENGU Surge Outperforms Dogecoin, Shiba Inu, Pepe: 'One Of The Best For This Cycle,' Trader Says

Winter Storm Blair is impacting much of the U.S., bringing heavy snow, ice and frigid temperatures to the Mid-Atlantic <a href="https://www.benzinga.com/general/travel/25/01/42809678/delta-southwest-american-and-others-airlines-halt-over-1300-flights-on-monday-after-severe-winter-">states on Monday.&nbsp;</a>



What To Know: Approximately 34 million people are under winter storm warnings and at least four deaths have<a href="https://weather.com/news/news/2025-01-06-winter-storm-blair-live-updates"> been reported</a> as the storm barrels across the country, according to the Weather Channel.&nbsp; Many school districts have closed and at least 18 inches of snow have fallen in some locations.&nbsp;



Read Next: <a href="https://www.benzinga.com/25/01/42821300/biden-set-to-ban-future-offshore-oil-drilling-4-stocks-to-watch">Biden Set To Ban Future Offshore Oil Drilling: 4 Stocks, 2 ETFs To Watch</a>



Affected Businesses: More than 350,000 people are without power due to the storm. Dominion Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/D#NYSE">D</a>), serves customers in Virginia where more 100,000 power outages have been reported.&nbsp;



Shares of portable-generator maker Generac Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>) have gained nearly 3% in the past five days as investors anticipated the storm-related power outages and increased demand for generators.&nbsp;



FlightAware is <a href="https://www.flightaware.com/live/cancelled/">reporting</a> nearly 3,000 flight delays and more than 1,700 cancellations as the storm moves across the country Monday. Southwest Airlines Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) is reporting the most cancellations with 371, followed by American Airlines Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) with 185 cancelled flights.&nbsp;



T-Mobile US, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) said it took <a href="https://www.t-mobile.com/news/network/t-mobile-readies-for-winter-storm-blair">proactive measures</a> late last week, including fortifying network equipment, inspecting and fueling permanent and portable generators and reinforcing infrastructure, to ensure customers and first responders are able to stay connected throughout the storm. 



What's Next: The wintry precipitation should wind down by Tuesday, but the Weather Channel expects another winter storm later this week.&nbsp;



"The next winter storm will begin to emerge in the Southern Plains by Wednesday night and especially Thursday. It could spread snow from parts of northern Texas, Oklahoma and Arkansas to other portions of the South, the Ohio Valley and possibly parts of the East by Friday or Saturday," weather.com Digital Meteorologist Chris Dolce said.&nbsp;



Read More:&nbsp;



<ul>
<li><a href="https://www.benzinga.com/25/01/42768507/china-slaps-export-restrictions-on-dozens-of-us-companies-boeing-lockheed-martin-general-dynamics-raytheon-affected">China&#8217;s Export Crackdown Hits Boeing, Lockheed Martin And More&nbsp;</a></li>
</ul>



Photo: Shutterstock

Travel

General

GNRC

TMUS

Winter Storm Blair Blasts Millions Of Americans, Triggers Flight Delays, Power Outages, School Closures

Canadian Prime Minister Justin Trudeau, who has been in power for nearly 10 years, announced his resignation Monday.



Trudeau said he will step down after the Liberal Party selects its new leader and said the Parliament will be suspended until March 24.



"I care deeply about this country and I will always be motivated by what is in the best interests of Canadians. And the fact is, despite best efforts to work through it, Parliament has been paralyzed for months after what has been the longest session of a minority Parliament in Canadian history," he said. 



<h2 class="wp-block-heading">Canada Stocks To Watch With Trump Tariff Threats, Trudeau Exit On Horizon </h2>



U.S.-traded stocks of major Canadian companies, particularly in the financial and energy sectors, could experience volatility due to this political upheaval. Mexico, Canada and China — the three countries U.S. President-elect Donald Trump has targeted for tariffs — are the U.S.'s top three trading partners.



Canadian banking institutions traded in the U.S. include the : Royal Bank of Canada (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RY#NYSE">RY</a>), Toronto-Dominion Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TD#NYSE">TD</a>), Bank of Montreal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMO#NYSE">BMO</a>) and the Canadian Imperial Bank of Commerce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CM#NYSE">CM</a>).



Energy companies could also be affected by the political upheaval in Canada: they include e Enbridge Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENB#NYSE">ENB</a>), TC Pipelines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRP#NYSE">TRP</a>), Suncor Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SU#NYSE">SU</a>) and Canadian Natural Resources Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNQ#NYSE">CNQ</a>).



In the tech sector, Ottawa-based Shopify Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>) is trading up 3.7%.



Trudeau's announcement comes shortly after the resignation of Finance Minister Chrystia Freeland, who <a href="https://www.benzinga.com/news/global/24/12/42520833/trudeaus-government-loses-a-top-negotiator-ahead-of-trumps-second-term">stepped down</a> in mid-December due to disagreements with Trudeau&#8217;s spending proposals. Freeland, who also served as deputy prime minister, left the cabinet because she believed Trudeau was not taking adequate measures to prepare for a <a href="https://www.benzinga.com/news/global/24/12/42475000/if-trump-starts-a-trade-war-canada-could-impose-export-taxes-on-oil-uranium-report">potential trade war</a> with Washington.



Canadian ETFs likely to be affected by this political firestorm, according to <a href="https://www.benzinga.com/money/etf-canada">Benzinga Pro</a>, include <a href="https://www.benzinga.com/quote/BBCA" target="_blank" rel="noreferrer noopener">JPMorgan BetaBuilders Canada ETF</a> (BATS:<a class="ticker" href="https://www.benzinga.com/stock/BBCA#BATS">BBCA</a>) which is trading up 0.9%; the iShares MSCI Canada ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWC#NYSE">EWC</a>), up 0.79%; SPDR Solactive Canada ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZCAN#NYSE">ZCAN</a>), up 0.88%; and Invesco CurrencyShares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FXC#NYSE">FXC</a>), up 0.59%. The <a href="https://www.benzinga.com/quote/FLCA" target="_blank" rel="noreferrer noopener">Franklin FTSE Canada ETF</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLCA#NYSE">FLCA</a>) is trading 0.95% higher midday Monday.



Now Read:



<ul>
<li><a href="https://www.benzinga.com/25/01/42813324/trumps-universal-tariff-plans-take-shape-analysts-expect-stronger-for-longer-greenback#google_vignette">Trump&#8217;s Universal Tariff Plans Take Shape, Analysts Expect &#8216;Stronger For Longer&#8217; Greenback</a></li>
</ul>



Photo: Shutterstock.

Government

Specialty ETFs

BBCA

FLCA

SHOP

ZCAN

Justin Trudeau Will Step Down As Canada Faces Tension Over Trump Tariffs

Wall Street is in full risk-on mode, as traders eagerly snap up technology stocks, particularly semiconductors, ahead of Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO Jensen Huang&#8216;s speech later on Monday at the Consumer Electronics Show <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/42822846/nvidia-5000-series-product-updates-make-it-top-semiconductor-pick-ahead-of-jensen-huangs-ces-keynote-analyst">in Las Vegas.</a>



Tech-linked indices and sector outperformed by midday trading in New York. The Nasdaq 100 notched a 1.3% increase while the iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>) soared by over 4%, eyeing the strongest session since mid-September.



Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) shares led gains, flagging a 12% surge, on the back of expectations for strong AI demand. Nvidia rose 4.8%.



Among Monday&#8217;s notable headlines, The Washington Post reported Donald Trump&#8217;s economic team is exploring a more targeted version of its universal tariff plan, aiming to apply tariffs to specific sectors rather than implementing a broad <a href="https://www.benzinga.com/25/01/42813324/trumps-universal-tariff-plans-take-shape-analysts-expect-stronger-for-longer-greenback">measure on all imports. </a>The dollar softened by 0.5% in reaction to the news.



The Federal Reserve announced the vice chair for supervision Michael Barr, a strong advocate for tighter banking regulations, will step down from his role in February but will retain his seat on the Board of Governors.



&#8220;The risk of a dispute over the position could be a distraction from our mission,&#8221; Barr stated, alluding to potential clashes with the incoming administration&#8217;s inclination toward looser banking regulations. Regional bank stocks reacted positively, with the S&amp;P SPDR Regional Banking ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRE#NYSE">KRE</a>) rising 1.6% on Monday.



In commodities markets, natural gas prices rocketed by another 7% on the heels of an extension of cold temperatures, while oil prices slipped 0.7%, potentially snapping a 5-day winning streak. 



Sentiment turned bullish again in cryptocurrency markets, as Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) ferociously reclaimed the $100,000 mark, sending crypto-linked stocks such as Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), CleanSpark Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) and Microstrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) all higher by about 6%. 



<h1 class="wp-block-heading">Monday&#8217;s Performance In Major U.S. Indices, ETFs</h1>



<figure class="wp-block-table is-style-stripes"><table><tbody><tr><td>Major Indices</td><td>Price</td><td>1-day % chg</td></tr><tr><td>Nasdaq 100</td><td>21,584.34</td><td>1.2%</td></tr><tr><td>S&amp;P 500</td><td>5,996.40</td><td>0.9%</td></tr><tr><td>Russell 2000</td><td>2,284.16</td><td>0.7%</td></tr><tr><td>Dow Jones</td><td>42,832.88</td><td>0.2%</td></tr></tbody></table><figcaption class="wp-element-caption">Updated at 1:15 p.m. ET</figcaption></figure>



According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent010625&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>&nbsp;data:



<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.9% to $597.33.</li>



<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;rose 0.4% to $429.05.</li>



<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rose 1.3% to $525.31.</li>



<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) soared 0.9% to $226.44.</li>



<li>The&nbsp;Technology Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) outperformed, up 1.7%; the&nbsp;Utilities Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) lagged, down 0.7%.</li>
</ul>



<h1 class="wp-block-heading">Monday&#8217;s Stock Movers</h1>



<ul>
<li>Shares of Paycor HCM Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYCR#NASDAQ">PYCR</a>) surged 23% after reports surfaced that the company is nearing a potential acquisition by Paychex Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAYX#NASDAQ">PAYX</a>). </li>



<li>Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) tumbled over 4% following a cautious note from Morgan Stanley. </li>



<li>Fubotv Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FUBO#NYSE">FUBO</a>) skyrocketed by 220% after Walt Disney Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) announced to combine its Hulu + Live TV business with Fubo.</li>
</ul>



Read Next: 



<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/01/42822625/big-techs-date-with-antitrust-alphabet-meta-amazon-brace-for-legal-showdowns-in-2025">Big Tech&#8217;s Date With Antitrust: Alphabet, Meta, Amazon Brace For Legal Showdowns In 2025</a></li>
</ul>



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Wall Street Rallies, Chipmakers Soar Ahead Of Nvidia's Huang Speech, Bitcoin Reclaims $100,000: What's Driving Markets Monday?

NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) stock hit new all-time highs Monday as investors and analysts size up the company's new products and growth opportunities that will be key storylines at <a href="https://www.benzinga.com/25/01/42775636/ces-2025-preview-nvidia-amd-in-spotlight-other-trends-and-stocks-to-watch">this year's CES conference.</a>



The NVDA Analyst: Bank of America analyst Vivek Arya reiterated a Buy rating on Nvidia with a $190 price target.



The NVDATakeaways: Nvidia updates on its AI and robotics growth and the unveiling of the new Nvidia 5000 series graphics cards are among the key catalysts for the stock after CES, Arya said in a new investor note.



The analyst named Nvidia the top sector pick ahead of a keynote presentation by CEO Jensen Huang <a href="https://www.benzinga.com/tech/24/10/41234323/jensen-huang-to-keynote-ces-2025-as-true-visionary-in-the-tech-industry-how-much-did-nvidia-stock-ri">on Monday night.</a>



The keynote and other presentations could highlight Nvidia's presence in many of the CES trending topic areas including robotics, gaming, PC and artificial intelligence, the analyst said. &nbsp;



Arya said the key question is how quickly the new products will help shareholders.



"The challenge in our view is however making the products reliable enough, cheap enough and pervasive enough to spawn credible business models," Arya said.



The analyst said robotics could be a "cool but niche opportunity" similar to the metaverse and autonomous cars that could take time to reward shareholders.



"While we don't doubt NVDA's capabilities, we are unsure as to when and how fast they can influence NVDA's financials." &nbsp;



The analyst said CES remains a "positive catalyst" for Nvidia that can show the company's dominance and opportunity in growth markets.



Arya said Nvidia's new products could help the company continue its strong pace of year-over-year sales growth.



"NVDA's 50%+ YoY sales growth in CY25E YoY could be the fastest in the S&amp;P 500 index, based on current consensus."



The analyst said Nvidia trades at around 30 times its forward price-to-earnings ratio, compared to a historical trading range of 25x to 35x, making the stock attractive while trading in the middle of the range.



NVDA Price Action: Nvidia stock is up 4.49% to $150.96 on Monday versus a 52-week trading range of $49.48 to $152.89. Nvidia shares hit new all-time highs earlier Monday morning and are up over 190% over the last year.



Read Next: 



<ul>
<li><a href="https://www.benzinga.com/tech/24/11/42145635/nvidia-ceo-jensen-huang-calls-ai-a-miracle-say-it-cant-do-100-of-our-jobs">Nvidia CEO Jensen Huang Calls AI A &#8216;Miracle,&#8217; Say It &#8216;Can&#8217;t Do 100% Of Our Jobs&#8217;</a></li>
</ul>



Photo: Shutterstock

Reiteration

Analyst Ratings

Nvidia 5000 Series, Product Updates Make It Top Semiconductor Pick Ahead Of Jensen Huang's CES Keynote: Analyst

The regulatory risk is ratcheting higher for mega-cap tech giants, <a href="https://www.benzinga.com/topic/regulations">with antitrust lawsuits</a> and deadlines stacking up like dominoes.



From Alphabet Inc&#8216;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>) courtroom battles to Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) and Amazon.com Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) looming trials, JPMorgan sees the regulatory landscape for mega-cap tech firms set to intensify in 2025. Here's a chronological look at what's brewing, focusing on some of the pivotal antitrust cases and decisions spanning the next two years.



<h2 class="wp-block-heading">Google: The DOJ's Prime Target</h2>



Alphabet&#8217;s Google is in the crosshairs with three antitrust lawsuits.



<ul>
<li>Jan. 24, 2023: The <a href="https://www.justice.gov/opa/pr/justice-department-sues-google-monopolizing-digital-advertising-technologies">DOJ sued Google</a> for monopolizing digital advertising technologies. The suit targets Google's ad-tech empire. </li>



<li>Nov. 20, 2024: the DOJ proposed remedies to curb Google's dominance in search and advertising. Recommendations include divesting Chrome, revealing search query data, and stopping payouts to distributors like Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>).</li>



<li>Dec. 20, 2024: Google filed its counterproposals ahead of a spring trial. Final rulings are <a href="https://www.reuters.com/technology/what-comes-next-googles-antitrust-case-over-search-2024-10-08/#:~:text=April%2022%2C%202025%20%2D%20Mehta%20will,case%20to%20begin%20the%20process.">expected</a> by August 2025, with the tech giant planning to appeal.</li>
</ul>



The stakes are high, with divestitures and sweeping behavioral remedies on the table, but Google's playbook includes appeals and push for its ecosystem's indispensable value.



Read Also: <a href="https://www.benzinga.com/25/01/42802321/metas-facebook-instagram-ads-promote-illegal-gun-silencers-report">Meta&#8217;s Facebook, Instagram Ads Promote Illegal Gun Silencers: Report</a>



<h2 class="wp-block-heading">Meta: Antitrust, Privacy Woes</h2>



Meta Platforms isn't immune to scrutiny, but JPMorgan sees a low probability of a breakup.



<ul>
<li>Dec. 9, 2020: The U.S. government and 48 attorneys general filed antitrust lawsuits accusing Facebook, led by CEO Mark Zuckerberg, of operating as an unlawful monopoly.</li>



<li>June 28, 2021: A Federal judge dismissed claims that Facebook holds a social networking monopoly, citing insufficient evidence, and ruled the states&#8217; case was filed too late.</li>



<li>Aug. 19, 2021: The FTC&nbsp;<a href="https://storage.courtlistener.com/recap/gov.uscourts.dcd.224921/gov.uscourts.dcd.224921.75.1.pdf" target="_blank" rel="noreferrer noopener">refiled a bolstered version</a>&nbsp;of its antitrust case against Meta (formerly Facebook). </li>



<li>Nov. 13, 2024: Judge James Boasberg allowed the FTC&#8217;s claim that Meta overpaid for Instagram and WhatsApp to stifle competition to proceed to trial. He, however, dismissed allegations of restricting third-party developers. Trial date is <a href="https://www.bloomberg.com/news/articles/2024-11-25/ftc-meta-face-april-14-trial-over-suit-to-break-up-company">set</a> for April 14, 2025.</li>



<li>Meta faces fallout from its "pay or consent" advertising model in the EU and a $1.4 billion settlement over facial recognition privacy in Texas. Regulatory headaches continue as courts reexamine a 2019 FTC ruling on user data practices.</li>
</ul>



<h2 class="wp-block-heading">Amazon: The Long Haul</h2>



Amazon is prepping for a marathon legal battle with the FTC.



<ul>
<li>Sep. 26, 2023: <a href="https://www.ftc.gov/news-events/news/press-releases/2023/09/ftc-sues-amazon-illegally-maintaining-monopoly-power">FTC sues Amazon</a>, accusing it of illegally maintaining monopoly power. The FTC and 17 state attorneys general aim to dismantle Amazon's retail dominance, alleging the company blocks competition and inflates prices. Specifially the suit targets Amazon&#8217;s online stores and third party seller services. The trial is <a href="https://www.reuters.com/legal/us-judge-sets-october-2026-trial-date-ftc-suit-against-amazon-2024-02-13/">set</a> for Oct. 13, 2026.</li>



<li>A <a href="https://www.ftc.gov/news-events/news/press-releases/2023/06/ftc-takes-action-against-amazon-enrolling-consumers-amazon-prime-without-consent-sabotaging-their">separate FTC lawsuit</a> targeting Prime's enrollment practices heads to trial on June 9, 2025.</li>
</ul>



Amazon argues its marketplace empowers third-party sellers and consumers and said the FTC overstates Amazon&#8217;s market influence.



<h2 class="wp-block-heading">What Else Is On The Docket?</h2>



Beyond these high-profile cases, regulators have their sights set on TikTok, which faces a Jan. 19 divestiture deadline, Apple and other gig economy players.



Labor reforms, European antitrust laws and generative AI governance are also heating up, JPMorgan notes.



Read Next: 



<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/42817526/alphabet-drives-into-2025-googles-ai-waymo-lead-the-charge">Alphabet Drives Into 2025: Google&#8217;s AI, Waymo Lead The Charge</a></li>
</ul>



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