Millennium Group Intl Bolsa (NASDAQ: MGIH)

Últimas noticias sobre Millennium Group Intl (NASDAQ:MGIH) Bolsa

Millennium Group Intl

Millennium Group International Holdings Ltd is a paper-based packaging solutions supplier. It offers paper-based inner and outer packaging products which can be broadly categorized into packaging products, Packaging products supply chain management solutions and corrugated products.

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Descubre las acciones que lideran los movimientos en la apertura del mercado, incluyendo repuntes destacados y caídas sorprendentes.

Acciones de Evaxion Biotech (EVAX) suben alrededor del 62%; 20 acciones que se mueven en el premercado

Alaska Air Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) has requested a nationwide ground stop for all its mainline aircraft, the U.S. Federal Aviation Administration (FAA) status page reported on Sunday.
Check out the current price of <a href="https://www.benzinga.com/quote/ALK">ALK stock here</a>. 
What Happened: According to Reuters, all destinations were affected by the ground stop for Alaska&#8217;s mainline fleet.
Neither Alaska Airlines nor the FAA immediately responded to <a href="https://www.benzinga.com">Benzinga</a>&#8216;s requests for comment outside of regular business hours.
A message on the airline&#8217;s <a href="https://www.alaskaair.com/">website</a> read, "We are experiencing issues with our IT systems. We apologize for the inconvenience and are working to resolve the issues.&#8221;
The Seattle-based airline also said there would be residual impacts to its operations throughout the evening, without providing more details.
See Also: <a href="https://www.benzinga.com/markets/equities/25/07/46463595/dan-ives-picks-5-stocks-for-2nd-half-of-2025-nvidia-palantir-microsoft-and-more-golden-age-of-tech-is-here-with-ai-revolution" target="_blank" rel="noreferrer noopener">Dan Ives Picks 5 Stocks For 2nd Half Of 2025: Nvidia, Palantir, Microsoft And More: ‘Golden Age Of Tech Is Here With AI Revolution'</a>
Why It Matters: The disclosure of Alaska&#8217;s IT issues coincides with warnings from Alphabet Inc.&#8216;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 and Palo Alto Networks Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) about the &#8220;<a href="https://www.benzinga.com/news/24/05/38710149/cyberattack-group-shifts-focus-to-banks-insurers-after-casinos">Scattered Spider</a>&#8221; hacking group&#8217;s targeting of the aviation sector. 
A hack disrupted some IT systems at Hawaiian Airlines, an Alaska Air Group company, in June. Alaska Air Group stated it was still calculating the financial impact, reported Reuters.
Price Action: Shares of Alaska Air ended 0.28% lower on Friday in after-hours trading. It was down 17.34% on a year-to-date basis and up 37.23% over the past year.
Benzinga Edge Stock Rankings shows that ALK had a stronger price trend over the short, medium, and long term. Its momentum ranking was decent, and its value ranking was moderate at the 55.45th percentile. The details of other metrics are <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">available here</a>.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="164" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/21014919/EDGE-ALK-1024x164.png" alt="" class="wp-image-993024" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/21014919/EDGE-ALK-1024x164.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/21014919/EDGE-ALK-300x48.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/21014919/EDGE-ALK-768x123.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/21014919/EDGE-ALK.png 1162w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, ended lower on Friday. The SPY was down 0.07% at $627.58, while the QQQ advanced 0.09% to $561.26, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
On Monday, the futures of the S&amp;P 500, Nasdaq 100, and Dow Jones indices were higher.
Read Next:
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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46487109/ripple-ceo-hails-genius-act-as-transformational-legislation-compares-it-to-dodd-frank-act-this-moment-is-a-historic-one">Ripple CEO Hails GENIUS Act As &#8216;Transformational Legislation,&#8217; Compares It To Dodd-Frank Act: &#8216;This Moment Is A Historic One&#8217;</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Ian Dewar Photography / Shutterstock.com

News

GOOG

GOOGL

PANW

Alaska Air Grounds All Mainline Flights Nationwide Amid IT Outage — Cyberattack Fears Loom After 'Scattered Spider' Aviation Warning

OUTLOOK&nbsp;
FY26 traffic remains on track to grow just 3% to 206m passengers, due to heavily delayed Boeing deliveries. As previously guided, we expect modest unit cost inflation in FY26 as the delivery of more B737 Gamechangers, advantageous fuel hedging and effective cost control across our Group airlines helps offset increased ATC charges and higher enviro. costs. While S.25 travel demand is strong, Q2 fare increases will be lower than in Q1 (which benefitted from a full Easter holiday in April and weak prior-year comps) and we now expect to recover almost all of the 7% fare decline we suffered in PY Q2. The final H1 outcome is, however, heavily dependent on the strength of close-in Aug. and Sept. bookings. As is normal at this time of year, we have zero H2 visibility (where PY fare comps normalise and last years modest delivery delay compensation rolls off).&nbsp;
It remains too early to provide meaningful FY26 PAT guidance. We do, however, cautiously expect to recover almost all of last years 7% full-year fare decline, which should lead to reasonable net profit growth in FY26. The final FY26 outcome remains heavily exposed to adverse external developments, incl. the risk of tariff wars, macro-economic shocks, conflict escalation in the Middle East and Ukraine and European ATC strikes, mismanagement &amp; short staffing."

Guidance

RYAAY

Ryanair Maintains FY26 Traffic Forecast At 3% Despite Boeing Delays And Tariff Risks; PAT Guidance Still Unclear

&nbsp;The company reported quarterly sales of $4.12 billion which missed the analyst consensus estimate of $4.99 billion by 17.52 percent. This is a 5.42 percent increase over sales of $3.90 billion the same period last year.

Earnings

Ryanair Holdings Q1 EPADS $4.34, Sales $4.12B Miss $4.99B Estimate

On Sunday, Howard Lutnick, the Commerce Secretary, stated that August 1 is the &#8220;hard deadline&#8221; for countries to begin paying tariffs to the United States.
What Happened: Lutnick also noted that nations can still engage in discussions with the U.S. after this date. 
&#8220;That's a hard deadline, so on August 1, the new tariff rates will come in,&#8221; he <a href="https://youtu.be/k7hAr6C-yGY?feature=shared">told</a> CBS News, adding, &#8220;nothing stops countries from talking to us after August 1.&#8221;
President Donald Trump initially announced these&nbsp;tariffs&nbsp;on April 2. Despite several shifts in the deadline, the White House has now confirmed August 1 as the final date.
Lutnick also mentioned that smaller countries, including those in Latin America, the Caribbean, and Africa, will face a baseline tariff of 10%.
Trump had previously hinted at baseline tariff rates of over 10% for these nations. He also indicated that letters detailing the new tariff rates would be sent to smaller countries soon.
See Also: <a href="https://benzinga.com/crypto/cryptocurrency/25/07/46511527/bitcoin-flat-as-1-billion-whale-move-sparks-speculation-ethereum-dogecoin-spike-analyst-says-btcs-next-leg-up-will-pump-it-above-130000" target="_blank" rel="noopener">Bitcoin Flat As $1 Billion Whale Move Sparks Speculation, Ethereum, Dogecoin Spike: Analyst Says BTC&#8217;s Next Leg Up Will Pump It Above $130,000 &#8211; Grayscale Bitcoin Mini Trust (BTC) Common units of frac</a>
Lutnick's remarks follow letters sent by Trump earlier this month to U.S. trading partners, informing them of new tariff rates that could reach up to 40% for certain countries. The announcement triggered a wave of last-minute negotiations as nations scrambled to secure lower rates.
Why It Matters: The announcement of the hard deadline for tariffs comes amid a series of tariff-related developments. Trump had previously proposed a blanket tariff rate of 15%-20% on most nations, a <a href="https://www.benzinga.com/news/politics/25/07/46386524/trump-wants-blanket-tariffs-of-up-to-20-after-surprise-treasury-surplus-in-june-ed-yardeni-says-dont-push-your-luck">significant increase from the current</a> 10% base, following an unexpected federal budget surplus in June, largely attributed to a surge in tariff receipts.
These inconsistent policies have raised concerns, with Sen. Elizabeth Warren (D-Mass.) voicing worries over the <a href="https://www.benzinga.com/news/politics/25/07/46510287/elizabeth-warren-sounds-alarm-on-tariffs-the-impact-of-six-months-of-donald-trump-will-be-felt-for-two-generations">long-term impact</a> of Trump&#8217;s tariffs on global partnerships.
Trump had also previously indicated that he would be sending &#8220;take it or leave it&#8221; <a href="https://www.benzinga.com/news/politics/25/07/46263813/trump-to-send-take-it-or-leave-it-tariff-letters-to-12-countries-on-monday-report">tariff letters to 12 countries</a>, detailing the tariff rates they would face on exports to the U.S. These offers were set to be dispatched in early July, outlining the tariff levels that would apply to the countries&#8217; exports to the U.S.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://benzinga.com/markets/equities/25/07/46511459/nyu-professor-warns-companies-against-moving-cash-into-bitcoin-unless-youre-strategy-paypal-or-a" target="_blank" rel="noopener">NYU Professor Warns Companies Against Moving Cash Into Bitcoin — Unless You&#8217;re a Strategy, PayPal, Or A Meme Stock: &#8216;This Is A Bad Idea&#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.
Image Courtesy: Joshua Sukoff / Shutterstock.com

Howard Lutnick Says Trump's August 1 Tariff 'Hard Deadline' Is Final — Smaller Nations Face 10% Base Rate

Preliminary financial information for the First Half 2025(2):
<figure class="table"> 
<table>
<tbody>
<tr>
<td>First Half 2025</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>Estimate (€B)</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>Net revenues</td>
<td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; €74.3</td>
</tr>
<tr>
<td>Net loss</td>
<td>(€2.3)</td>
</tr>
<tr>
<td>Adjusted operating income(3)</td>
<td>€0.5&nbsp;&nbsp;&nbsp;</td>
</tr>
<tr>
<td>Cash Flows from operating activities</td>
<td>(€2.3)</td>
</tr>
<tr>
<td>Industrial free cash flows(4)</td>
<td>(€3.0)</td>
</tr>
</tbody>
</table>
</figure>
The following factors had a significant impact on results in the first half of 2025:
<ul>
<li>The early stage of actions being taken to improve performance and profitability, with new products expected to deliver larger benefits in the Second Half of 2025</li>
<li>Approximately €3.3 billion of pre-tax net charges, primarily related to program cancellation costs and platform impairments, net impact of the recent legislation eliminating the CAFE penalty rate, and restructuring, which are excluded from Adjusted Operating Income(3) consistent with the Company's definition of AOI</li>
<li>Adverse impacts to AOI from higher industrial costs, geographic and other mix factors, and changes in foreign exchange rates</li>
<li>The early effects of US tariffs – €0.3 billion of net tariffs incurred as well as loss of planned production related to implementation of the Company's response plan</li>
</ul>

STLA

Stellantis Reports Preliminary H1 2025 Loss Of €2.3B On €74.3B Revenue As Q2 Shipments Drop 6% To 1.4M Units Amid Tariff Disruptions And European Product Transitions

Economist Peter Schiff on Sunday called the UK&#8217;s purported plan to sell almost $6.70 billion in stolen Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) a &#8220;right&#8221; approach to address their budget deficit.
What Happened: Schiff took to X to comment on The Telegraph&#8217;s report that UK Chancellor Rachel Reeves is considering selling the BTC stash recovered by police to help close a fiscal gap.
&#8220;For once, the Brits might actually get something right,&#8221; the Bitcoin skeptic said. 
Schiff used the opportunity to poke fun at Bitcoin advocate Michael Saylor, suggesting that his firm, Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), might become the buyer. 
&#8220;I hope the U.S. doesn't buy it for the Strategic Reserve,&#8221; he 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">The UK is thinking about selling £5 billion worth of Bitcoin seized from criminals. The proceeds could help plug the hole in their budget. For once, the Brits might actually get something right. Maybe <a href="https://twitter.com/saylor?ref_src=twsrc%5Etfw">@Saylor</a> will buy it. I hope the U.S. doesn't buy it for the Strategic Reserve.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1947090834530189693?ref_src=twsrc%5Etfw">July 21, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also:&nbsp;<a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46510203/1-billion-bitcoin-transfer-triggers-massive-liquidations-this-is-where-it-was-offloaded">$1 Billion Bitcoin Transfer Triggers Massive Liquidations — This Is Where It Was Offloaded</a>
Why It Matters: The Bitcoin in question, amounting to 61,000 BTC, was&nbsp;confiscated in 2018 from a&nbsp;Chinese Ponzi scheme. 
The report <a href="https://t.co/SnUar6n5uo">added </a>that the Home Office is developing a "cryptocurrency storage and realization framework" to manage and liquidate the holdings, with a tender offering up to £40 million, worth $53.68 million, in commission.
The anticipated sell-off comes amid a <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46388685/bitcoin-shatters-all-time-high-to-hit-123000-as-ethereum-cracks-3000-and-xrp-taps-3#:~:text=Bitcoin%20Shatters%20All%2DTime%20High,And%20XRP%20Taps%20%243%20%2D%20Benzinga">major cryptocurrency market rally</a> that has pushed Bitcoin to historic highs of over $123,000.
Interestingly, confusion prevailed last week over reports suggesting that the <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46461871/cynthia-lummis-raises-alarm-over-reports-of-80-drop-in-us-bitcoin-reserves-analyst-says-nothing-conclusive-until-official-word-comes">U.S. government offloaded over 80% of its&nbsp;Bitcoin reserves</a>, leaving just around 29,000 BTC. &nbsp;According to President Donald Trump&#8217;s executive order, the deposited BTC in reserves is not supposed to be sold.
Price Action:&nbsp; At the time of writing, BTC was exchanging hands at $118,380.36, up 0.32% 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>.&nbsp;Year-to-date, the cryptocurrency has gained 25.65%.
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46511361/jack-dorseys-block-with-over-1-billion-in-bitcoin-holdings-set-to-join-sp-500-shares-pop-8-in-overnight-trading">Jack Dorsey&#8217;s Block, With Over $1 Billion In Bitcoin Holdings, Set To Join S&amp;P 500 — Shares Pop 8% In Overnight Trading</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Image Credit: Bob Montgomery / USA TODAY NETWORK Imagn Images<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" target="_blank" rel="noreferrer noopener"></a>

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

Cryptocurrency

$BTC

MSTR

Peter Schiff Says UK's Plan to Sell $6.7 Billion In Seized Bitcoin Could Help Budget — Warns US Against Buying It For Strategic Reserve

The billionaire owner of the iconic burger chain&nbsp;In-N-Out, Lynsi Snyder, has announced that she is relocating her family and the company&#8217;s headquarters from California to Tennessee. Snyder cited the challenges of doing business and raising a family in California as the primary reasons for the move.
What Happened: In an episode of the &#8220;Relatable&#8221; podcast released on Friday, Snyder revealed that she is moving to Tennessee as part of In-N-Out&#8217;s expansion into the southeastern United States. The company will also establish a new headquarters in the Nashville suburbs.
Snyder highlighted the challenges of running a business in California, particularly the COVID-19 restrictions, including mask mandates and vaccine requirements. The state&#8217;s stringent policies made it difficult for In-N-Out to operate, with health officials temporarily shutting down several locations in 2021 due to the chain&#8217;s refusal to enforce vaccination mandates.
See Also:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/07/46495773/shiba-inu-rallies-10-in-1-week-can-it-go-higher" target="_blank" rel="noopener">Shiba Inu Rallies 10% In 1 Week: Can It Go Higher?</a>
&#8220;There&#8217;s a lot of great things about California, but raising a family is not easy here. Doing business is not easy here,&#8221; Snyder said in the podcast.
Despite the move, In-N-Out will continue&nbsp;to expand in the Southeast, with Tennessee as the new corporate hub. Snyder emphasized that the company&#8217;s priority is sustainable expansion while maintaining&nbsp;the quality of its products&nbsp;and services.
Why It Matters: Snyder&#8217;s decision to relocate her family and business from California is another example of prominent figures expressing frustration with the state&#8217;s business environment.
In June 2024, celebrity chef Andrew Gruel announced that he would <a href="https://www.benzinga.com/general/24/06/39480311/celebrity-chef-refuses-to-open-new-businesses-in-california-until-they-fix-things">not open any new businesses</a> in California until the state &#8220;actually fix things,&#8221; citing the challenges faced by restaurants due to COVID-19 restrictions.
Last year, California raised <a href="https://www.benzinga.com/economics/macro-economic-events/24/05/38557569/april-jobs-report-preview-bank-of-america-anticipates-solid-payrolls-growth-risin">its minimum wage from $16 to $20</a>, triggering a ripple effect across the fast-food industry. Major chains, such as Chipotle Mexican Grill Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>), McDonald's Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>), and Starbucks Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), responded by increasing their prices to offset rising labor costs.
Although the wage hike aimed to support and uplift workers, it created <a href="https://www.benzinga.com/general/24/04/38093034/impact-of-californias-wage-hike-chipotle-mcdonalds-and-starbucks-brace-consumers-for-price-surges-ac">financial challenges for businesses</a>, which had to manage significantly higher expenses. These costs were ultimately passed on to consumers through price hikes.
<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="After 77 Years, In-N-Out Is Moving to Tennessee. Here&#039;s Why &#x7C; Lynsi Snyder &#x7C; Ep 1219" width="500" height="281" src="https://www.youtube.com/embed/E8HnqAgtlcc?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>
Read Next:&nbsp;
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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: Eric Broder Van Dyke / Shutterstock.com

SBUX

In-N-Out Billionaire Owner Lynsi Snyder Moves Family And HQ To Tennessee, Citing California's Regulations: 'Doing Business Is Not Easy Here'

SRPT

Reported Friday, Sarepta Responded To FDA's Informal Request On ELEVIDYS With Voluntary Shipment Pause For Label Update And Immunosuppression Evaluation

FCPT

Reported Friday, FCPT Acquires Six Novant Health Urgent Care Properties In South Carolina For $12M Under Long-Term Triple Net Leases

Reported Friday, Sunrun Prices $431M Residential Solar Securitization Backed By Over 63,000 Systems Across 12 States And D.C.

CAVA

Reported Earlier, CAVA Opens First Michigan Location In Canton, Expanding Bold Mediterranean Fast-Casual Experience To 28th State

<ul>
<li>Donald Trump Jr. recently spoke about the U.S. economy and industry, giving a shout-out to homegrown AI and tech innovators like Faraday Future.</li>
<li>BlackRock, the world's largest asset manager, recently filed their 13G as of July 17, showing they've boosted their FFAI shares almost 7 times since last quarter.</li>
</ul>

Faraday Future Intelligent Electric Inc. - Class A Common Stock

FFAI

Reported Earlier, Faraday Future Launches FX Super One And Super EAI F.A.C.E. System At Stunning LA Skyline Event, Marking Major Milestone iIn AIEV Strategy

LAES

WKEY

SEALSQ And WISeKey Confirm Activation Of LLG4IR.com Cross-Border Center To Bridge Gibraltar And La Línea With Quantum, AI, And Space Innovation

<ul>
<li>The pivotal Phase IIb ALIENTO study met the primary endpoint of a statistically significant reduction in the annualized exacerbation rate (AER) at 52 weeks when astegolimab was given every two weeks</li>
<li>The Phase III ARNASA study did not meet the primary endpoint of a statistically significant reduction in the AER at 52 weeks</li>
<li>The safety profile of astegolimab was consistent with previously reported data, with no new safety signals identified</li>
<li>Analysis of the ALIENTO and ARNASA data will be discussed with regulatory authorities and shared at an upcoming medical meeting</li>
</ul>

RHHBF

RHHBY

Roche's Genentech Highlights Consistent Safety Profile For Astegolimab Across ALIENTO And ARNASA COPD Trials With No New Safety Signals Identified

Barstool Sports founder Dave Portnoy has seemingly hit his mark on a high-stakes $10 million Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) trade he made two weeks ago.
Check out the current price of&nbsp;<a href="https://www.benzinga.com/quote/TSLA" target="_blank" rel="noreferrer noopener">TSLA stock here.</a>
What Happened: On July 8, Portnoy posted a video on X, claiming to have <a href="https://www.benzinga.com/markets/25/07/46327971/dave-portnoy-drops-10-million-on-tesla-hoping-for-10-bounce-in-2-weeks-or-less-from-crazyelon-bet">bet $10 million on Tesla</a> shares, likely around $293 per share, where the stock was trading at the time. 
&#8220;Update – I bought the 10 milly $TSLA hoping for 10% bounce in 2 weeks or less,&#8221; Portnoy posted on X, tagging the move as a #CrazyElon play, referring to CEO Elon Musk&#8217;s decision to form a new political party, dubbed &#8220;The America Party,&#8221; which led to a nearly 7% <a href="https://www.benzinga.com/markets/tech/25/07/46291445/tesla-tanks-68-billion-as-elon-musk-unveils-america-party-investors-rattle-over-political-pivot-trump-backlash-adds-fuel">drop in the stock</a>.
See Also: <a href="https://www.benzinga.com/markets/tech/25/07/46487092/as-trump-axes-ev-incentives-elon-musks-tesla-announces-new-offers-amid-sluggish-us-sales">As Trump Axes EV Incentives, Elon Musk&#8217;s Tesla Announces New Offers Amid Sluggish US Sales</a>
Portnoy said in the video that he aims to make 10%, or &#8220;a million bucks&#8221; from the trade, which he promptly plans to take to the Saratoga Race Course in New York.
Now, a little under two weeks later, Portnoy&#8217;s trade has already hit its target, with the company closing at $329 a share on Friday, a gain of 12.28%. 
Portnoy, who regularly shares his latest sports wagers and their results on his X account, is yet to provide an update on this trade. 
<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Update &#8211; I bought the 10 milly <a href="https://twitter.com/search?q=%24tsla&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$tsla</a> hoping for 10% bounce in 2 weeks or less. <a href="https://twitter.com/hashtag/crazyelon?src=hash&amp;ref_src=twsrc%5Etfw">#crazyelon</a> <a href="https://twitter.com/hashtag/ddtg?src=hash&amp;ref_src=twsrc%5Etfw">#ddtg</a> <a href="https://t.co/zFqVNMwpKy">pic.twitter.com/zFqVNMwpKy</a>
&mdash; Dave Portnoy (@stoolpresidente) <a href="https://twitter.com/stoolpresidente/status/1942233926216323220?ref_src=twsrc%5Etfw">July 7, 2025</a></blockquote>
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Why It Matters: Tesla shares have been <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44612478/musk-needs-to-navigate-brand-crisis-or-else-warns-analyst-tesla-delivery-number-was-a-disaster-for-the-bulls">increasingly under pressure</a> owing to Musk&#8217;s political activities in recent months, with analyst Dan Ives of Wedbush Securities saying that his stint in the White House may have hurt the brand.
Musk&#8217;s recent fallout with President Donald Trump made things worse for his companies, with the latter <a href="https://www.benzinga.com/news/25/06/45845425/mark-cuban-reacts-to-elon-musk-donald-trump-feud">threatening to terminate billions</a> in government contracts. 
According to a survey of Benzinga readers, 71% believe that Tesla&#8217;s shares will fall over the <a href="https://www.benzinga.com/news/politics/25/07/46332361/musk-political-push-to-hurt-tesla-stock-71-say-stock-will-fall-in-next-12-months">next 12 months</a>, owing to Musk&#8217;s renewed political push. 
Price Action: Tesla shares were up 3.21% on Friday, trading at $329.65, and are up 1.65% after hours.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="149" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/20233003/Screenshot-2025-07-21-at-8.59.52-AM-1024x149.png" alt="" class="wp-image-992912" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/20233003/Screenshot-2025-07-21-at-8.59.52-AM-1024x149.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/20233003/Screenshot-2025-07-21-at-8.59.52-AM-300x44.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/20233003/Screenshot-2025-07-21-at-8.59.52-AM-768x112.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/20233003/Screenshot-2025-07-21-at-8.59.52-AM.png 1528w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
According to Benzinga&#8217;s Edge Stock Rankings, Tesla currently scores high on Growth and has a favorable price trend in the medium and long terms. Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> for deeper insights into the stock, its peers and competitors.
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/07/46407991/elon-musks-tesla-to-sell-model-y-from-70000-in-india-launches-first-showroom-in-mumbai">Elon Musk&#8217;s Tesla To Sell Model Y From $70,000 In India, Launches First Showroom In Mumbai</a></li>
</ul>
Image via Shutterstock

Government

Politics

TSLA

Dave Portnoy's $10 Million Elon Musk Bet Pays Off As Tesla Soars 12% In Two Weeks: 'That's A Million Bucks'

Macro Economic Events

Econ #s

Economics

Reported Earlier, People's Bank of China Loan Prime Rate 3% Vs. 3% Est.; 3% Prior

Reported Earlier, China Loan Prime Rate 5Y For July 3.50% Vs. 3.50% Est.; 3.50% Prior

Tim Burchett (R‑Tenn.), on Sunday, renewed his push for the Justice Department to open its secret Jeffrey Epstein files, shrugging off President Donald Trump's description of the effort as "stupid" and "foolish."
What Happened: Appearing on ABC's "This Week," Burchett said unsealing grand‑jury transcripts would be "a start," but warned that Washington "doesn't give up its secrets very easy." "I don't think we're ever going to get to the bottom of … all of it, Ma'am," he <a href="https://abcnews.go.com/Politics/gop-rep-tim-burchett-doubles-call-release-epstein/story?id=123902429">told</a> co‑anchor Martha Raddatz.
Pressed about Trump's criticism, the lawmaker replied, "Was I a little ticked off he said that stuff? Sure, I was, but I'm a big boy, Ma'am&#8230; we're playing in the big leagues right now."
The White House has since ordered Attorney General Pam Bondi to <a href="https://www.benzinga.com/news/politics/25/07/46486660/trump-directs-pam-bondi-to-release-more-epstein-documents-subject-to-court-approval-threatens-legal-action-against-wsj-over-epstein-letter">seek a court order</a> unsealing the material, prompting a Justice Department motion filed Friday.
See Also: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46510518/trump-family-crypto-business-nabs-26-million-profit-from-quarter-billion-ethereum-stake">Trump Family Crypto Business Nabs $26 Million Profit From Quarter-Billion Ethereum Stake</a>
Burchett, co‑author of the bipartisan Epstein Files Transparency Act, insists any release must shield minors and "folks who may be innocent," yet he praised the administration's belated action. He added, "If she finishes strong on this, then I'm all for it," referencing Bondi's stewardship of the case.
Why It Matters: Bondi's early handling drew fire after a heavily publicized binder proved to contain widely available documents. Burchett called that rollout a "blunder." Former New Jersey governor Chris Christie similarly mentioned last week that the White House, not Bondi, <a href="https://www.benzinga.com/news/politics/25/07/46385035/chris-christie-says-trump-not-pam-bondi-pulled-the-plug-on-epstein-memo-when-you-start-the-fire-sometimes-you-cant-put-it-out">first blocked an internal DOJ review</a> of Epstein's death.
Trump's allies have been pushing for the release of additional Epstein-related documents, a promise Trump made during his 2024 presidential campaign. Even ex‑Epstein lawyer Alan Dershowitz urged a broader release last week, according to a Reuters report.
Polymarket <a href="https://www.benzinga.com/news/events/25/07/46487267/jeffrey-epstein-row-polymarket-bettors-see-higher-odds-of-trump-administration-releasing-undisclosed-documents-this-month">bettors now wager</a> on when the documents will surface. Still, Burchett doubts the public will ever see every page.
Read Next:
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<li><a href="https://www.benzinga.com/news/politics/25/07/46510575/trump-administrations-attempt-to-cut-elon-musks-spacex-contracts-thwarted-by-vital-role-in-defense-and-nasa">Trump Administration&#8217;s Attempt To Cut Elon Musk&#8217;s SpaceX Contracts Thwarted by Vital Role in Defense and NASA</a></li>
</ul>
Image Credit: Saul Young/News Sentinel / USA TODAY NETWORK via Imagn Images

Tim Burchett Shrugs Off Trump's 'Stupid' Remark, Doubles Down On Jeffrey Epstein Files Push: 'Doesn't Give Up Its Secrets Very Easy'

President&nbsp;Donald Trump&nbsp;shared on Sunday an old Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) explainer video by cryptocurrency advocate Peter Van Valkenburgh, describing it as the &#8220;greatest&#8221; of all time.
What Happened: Trump posted Van Valkenburgh&#8217;s October 2018 speech at the Banking, Housing, and Urban Affairs Committee Hearing via his Truth Social account.
In the video, Van Valkenburgh, Executive Director of cryptocurrency advocacy think tank Coin Center, described Bitcoin as a tool that allows people to send and receive value globally, without the need for a middleman.
&#8220;The lack of any corporation in between means that Bitcoin is the world's first public digital payments infrastructure,&#8221; he had said. &#8220;Bitcoin is the world's first globally accessible public money.&#8221;
Van Valkenburgh also outlined Bitcoin&#8217;s limitations, including its volatility and lack of mainstream use, but urged for their adoption to challenge the dominance of larger and more powerful corporate intermediaries.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="762" height="622" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/20231657/image-261.png" alt="" class="wp-image-992909" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/20231657/image-261.png 762w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/20231657/image-261-300x245.png 300w" sizes="(max-width: 762px) 100vw, 762px" /></figure>
See Also:&nbsp;<a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46509737/the-trumps-bitcoin-bull-run-and-stablecoin-bill-this-week-in-crypto">The Trumps, Bitcoin Bull Run And Stablecoin Bill: This Week In Crypto</a>
Why It Matters: Trump&#8217;s post and his recent actions demonstrated a strong support for Bitcoin and the broader cryptocurrency industry. 
Earlier in March, he signed an Executive Order to establish a&nbsp;<a href="https://www.benzinga.com/25/03/44183572/trump-establishes-strategic-bitcoin-reserve-funded-by-forfeited-assets-i-made-the-promise">Strategic Bitcoin Reserve</a>, funded by Bitcoin owned by the federal government obtained through criminal or civil asset forfeiture proceedings. 
That said, little has come from the executive side since the order was signed. In fact, <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46461871/cynthia-lummis-raises-alarm-over-reports-of-80-drop-in-us-bitcoin-reserves-analyst-says-nothing-conclusive-until-official-word-comes">confusion prevailed over reports</a> that the government offloaded over 80% of its&nbsp;Bitcoin reserves
Last week, Trump signed the&nbsp;<a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46508890/trump-signs-genius-act-ending-biden-era-crypto-probes-and-backing-industry-titans">GENIUS Act</a>&nbsp;into law, establishing the first regulatory framework and consumer safeguards for dollar-pegged stablecoins in the U.S.
Price Action:  At the time of writing, BTC was exchanging hands at $118,622.36, down 0.46% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. Bitcoin has slid nearly 3% over the past week, while Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) has surged roughly 23%, Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) has jumped about 32%, and Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>) has climbed around 11%.
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46511527/bitcoin-flat-as-1-billion-whale-move-sparks-speculation-ethereum-dogecoin-spike-analyst-says-btcs-next-leg-up-will-pump-it-above-130000">Bitcoin Flat As $1 Billion Whale Move Sparks Speculation, Ethereum, Dogecoin Spike: Analyst Says BTC&#8217;s Next Leg Up Will Pump It Above $130,000</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>
Image Credit: Cody Scanlan/The Register / USA TODAY NETWORK via Imagn Images

$DOGE

$ETH

$SOL

Trump Shares 'Greatest Bitcoin Explanation Of All Time' As BTC Gets Beaten By Ethereum, Dogecoin And Solana

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk states that the company's Full Self-Driving system will undergo improvements as the EV giant integrates Robotaxi upgrades into its production models.
What Happened: "Your Tesla self-driving capability will see a step change improvement as we integrate upgrades for the Austin robotaxi build into the general production release," the billionaire said in a social media post on X on Sunday.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Your Tesla self-driving capability will see a step change improvement as we integrate upgrades for the Austin robotaxi build into the general production release
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1947053722808230379?ref_src=twsrc%5Etfw">July 20, 2025</a></blockquote>
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Musk added that the company is validating the upgrades and improvements made for Austin, which do not pose challenges for other regions and cause any "regressions elsewhere." "For Europe and China, we are awaiting regulatory approval. Hopefully soon," Musk said in the post.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We need to validate that improvements for Austin don't cause regressions elsewhere. For Europe and China, we are awaiting regulatory approval. Hopefully, soon&#x1f91e;
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1947055949992321437?ref_src=twsrc%5Etfw">July 20, 2025</a></blockquote>
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Why It Matters: The updates from Musk come in as Tesla has been under fire for its self-driving tech, which was under the spotlight once again as a Tesla engineer confirmed at a court hearing in Miami that the company <a href="https://www.benzinga.com/markets/tech/25/07/46459748/elon-musks-tesla-did-not-maintain-autopilot-crash-records-engineer-says-amid-fatal-2019-accident-trial-in-miami">did not maintain Autopilot records</a> before 2018.
However, Tesla could also face tougher scrutiny over its self-driving ambitions as President Donald Trump's pick to lead the NHTSA, Jonathan Morrison, has called for <a href="https://www.benzinga.com/markets/tech/25/07/46434613/elon-musks-tesla-could-face-stricter-oversight-as-trumps-nhtsa-pick-targets-autonomous-driving-cannot-sit-back">tougher oversight</a> on autonomous driving in the U.S.
Elsewhere, Tesla appointed a senior IT executive at the company, Raj Jegannathan, to lead the <a href="https://www.benzinga.com/markets/tech/25/07/46507782/elon-musks-tesla-appoints-tech-veteran-to-head-sales-amid-executive-exodus-report">EV giant's sales team</a> after Troy Jones exited the company following a 13-year stint. Interestingly, Jegannathan lacks traditional sales experience with his expertise lying in IT.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="199" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/20234719/TSLA-JUL-21-2025-1024x199.jpg" alt="" class="wp-image-992926" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/20234719/TSLA-JUL-21-2025-1024x199.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/20234719/TSLA-JUL-21-2025-300x58.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/20234719/TSLA-JUL-21-2025-768x149.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/20234719/TSLA-JUL-21-2025-1536x299.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/20234719/TSLA-JUL-21-2025.jpg 1563w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Tesla offers Satisfactory Momentum and Quality, while scoring well on the Growth metric, but offering poor Value. 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:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/space/25/07/46486409/elon-musks-india-ambitions-get-major-boost-as-starlink-gets-approval-following-teslas-mumbai-debut">Elon Musk&#8217;s India Ambitions Get Major Boost As Starlink Gets Approval Following Tesla&#8217;s Mumbai Debut</a></li>
</ul>
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