Texas Capital Funds Trust Texas Capital Government Money Market ETF (NYSE: MMKT)

Últimas noticias sobre Texas Capital Funds Trust Texas Capital Government Money Market ETF (NYSE:MMKT)

The Fund seeks to achieve its investment objective by investing at least 80% of its assets in a diversified portfolio of high quality, U.S. government money market instruments, including U.S. government money market instruments subject to repurchase agreements under normal circumstances.

State Street Institutional Us Government Money 2024-10-01

Texas Capital Government Money Market ETF

The Trump administration&#8217;s decision to allocate $1 billion for cyber warfare capabilities has sparked controversy due to the simultaneous reduction in the nation&#8217;s cybersecurity defense budget.
What Happened:&nbsp;The Pentagon has earmarked $1 billion for cyber warfare initiatives, with a focus on strengthening the U.S. Indo-Pacific Command&#8217;s capabilities. This move aligns with the growing strategic competition with China in the Asia-Pacific region,&nbsp;<a href="https://www.technology.org/2025/07/14/pentagon-allocates-1-billion-for-cyber-warfare-capabilities-under-trumps-latest-budget/">reported</a>&nbsp;Technology.org.
The cyber warfare programs will include a range of attack strategies targeting hostile nations, possibly using zero-day exploits and surveillance tools to extract data from specific individuals or organizations.
However, this significant investment comes at the expense of the nation&#8217;s cybersecurity defense budget, which has seen a $1 billion reduction. This reduction comes amid continued digital threats from Chinese state actors targeting U.S. infrastructure and institutions.
Sen. Ron Wyden (D-Ore), a member of the Senate Intelligence Committee, criticized the administration&#8217;s decision. He pointed out that the reduced funding for protective cybersecurity initiatives, including the Cybersecurity and Infrastructure Security Agency (CISA), leaves the country vulnerable to attacks by foreign hackers.
&#8220;The&nbsp;Trump administration has slashed funding&nbsp;for cybersecurity and government technology&nbsp;and left our country wide&nbsp;open to attack by foreign&nbsp;hackers,&#8221; Wyden said.
SEE ALSO:&nbsp;<a href="https://benzinga.com/news/topics/25/07/46389339/robert-reich-says-the-u-s-government-is-no-longer-able-to-protect-us-from-real-hazards-because-its-shifting-funds-to-fake-hazards" target="_blank" rel="noreferrer noopener">Robert Reich Says, &#8216;The U.S. Government Is No Longer Able To Protect Us From Real Hazards, Because It&#8217;s Shifting Funds To Fake Hazards&#8217; &#8211; Benzinga</a>
Why It Matters: The U.S. has been actively combating cyber threats and fraudulent activities. Earlier in June, the&nbsp;Department of Justice sought to <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45811290/doj-seeks-to-seize-7-7-million-in-bitcoin-ethereum-nfts-allegedly-laundered-by-north-korean-it-workers">seize $7.7 million</a> in cryptocurrency&nbsp;and NFTs allegedly laundered by North Korean IT workers. This move was part of the U.S. government&#8217;s efforts to combat money laundering through digital assets.
Additionally, the U.S. government has been cracking down on fraudulent schemes. In July, the&nbsp;DOJ dismantled a $14 billion <a href="https://www.benzinga.com/markets/macro-economic-events/25/07/46195080/doj-dismantles-14-billion-healthcare-fraud-scheme-in-largest-ever-crackdown-impacting-over-1-million-americans">healthcare fraud</a> scheme, resulting in the seizure of assets worth over $245 million, including cryptocurrency. 
These events underline the increasing importance of cybersecurity and the potential implications of the recent budget cuts. Notably, Wedbush Securities analyst Daniel Ives has named cybersecurity as the "<a href="https://www.benzinga.com/markets/tech/25/07/46400448/dan-ives-bets-on-cybersecurity-as-biggest-subsector-in-tech-for-2025-expects-strong-q2-earnings-from-crowdstrike-zscaler-palo-alto-check-point">biggest subsector</a>" within the tech industry for 2025.
He highlights that&nbsp;Crowdstrike Holdings Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>), Zscaler Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZS#NASDAQ">ZS</a>), Palo Alto Networks Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) and Check Point Software Technologies Ltd.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) as some of his top picks. <a href="https://www.benzinga.com/quote/crwd" target="_blank" rel="noreferrer noopener"></a><a href="https://www.benzinga.com/quote/crwd" target="_blank" rel="noreferrer noopener"></a>
READ MORE: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/07/46407767/elon-musks-xai-launches-grok-for-government-after-winning-200-million-pentagon-contract">Elon Musk&#8217;s xAI Launches &#8216;Grok For Government&#8217; After Winning $200 Million Pentagon Contract </a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

News

CHKP

CRWD

PANW

Trump Admin Pours $1 Billion Into Cyber Warfare Capabilities — While Slashing US Cybersecurity Defenses

U.S. stock futures were fluctuating on Tuesday after ending higher on Monday. Futures of major benchmark indices were mixed.
Investors are bracing for June&#8217;s release of the <a href="https://www.benzinga.com/markets/economic-data/25/07/46392923/une-cpi-inflation-preview-tariffs-markets-fed">Consumer Price Index</a>. Economists anticipate the headline inflation rate to climb from 2.4% in May to 2.7% in June—the highest since January and a pace of acceleration unseen since late 2023. 
Monthly, the CPI is expected to rise 0.3%, up from 0.1% in May, marking the fastest monthly increase of the year.
Meanwhile, <a href="https://www.benzinga.com/news/25/07/46396595/jpmorgan-citi-to-kick-off-bank-earnings-as-wall-street-sees-profit-boom">big bank earnings season</a> also kicks off today, with key industry heavyweight JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), and Wells Fargo Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) headlining a crucial reporting day for financials. 
The 10-year Treasury bond yielded 4.42% and the two-year bond was at 3.90%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool&#8217;s</a> projections show markets pricing a 95.3% likelihood of the Federal Reserve keeping the current interest rates unchanged in its July meeting. 
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.08%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.36%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>0.58%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.08%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, were higher in premarket on Tuesday. The SPY was up 0.37% at $627.15, while the QQQ advanced 0.60% to $559.52, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pr</a>o data.
Cues From Last Session:
Sectors that gained on Monday included financial, communication services, and real estate stocks, leading most of the S&amp;P 500 to close positively.
Conversely, energy and materials sectors bucked the trend, ending the session lower. Overall, U.S. stocks settled higher.
Separately, Fastenal Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FAST#NASDAQ">FAST</a>) reported better-than-expected second-quarter earnings. Shares of Daré Bioscience, Inc. (NASDAQ: DARE jumped approximately 23% after the company announced interim safety and efficacy results from its ongoing Phase 3 clinical trial for Ovaprene.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>0.27%</td>
<td>20,640.33</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.14%</td>
<td>6,268.56</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.20%</td>
<td>44,459.65</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.67%</td>
<td>2,249.73</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Senior economist at WisdomTree, Jeremy Siegel, said that the public firms in the U.S. were beginning to quantify potential damage from tariffs, though these estimates remain based on previously announced rates, not the most recent escalation threats.
He highlighted that the official impact will start to show in the July data, but those numbers won't be released until August or even September. Investors will have to watch high-frequency indicators like jobless claims and credit card spending, in the meantime, he added.
&#8220;The real risk is that rising tariffs will continue to sap purchasing power just as economic momentum is already slowing. While I don't see a recession looming, growth is undeniably weaker than what we saw through much of 2024,&#8221; he added.
Meanwhile, the analysts at BlackRock highlighted two ways to capture alpha and earn returns in the market in their latest commentary.
&#8220;U.S. tariffs could intensify already elevated dispersion, making this a more rewarding environment for alpha,&#8221; their note stated.
<ul class="wp-block-list">
<li>One way to capture that alpha? Reduce the potential drag from static factor exposures by deliberately managing macro risk.</li>
</ul>
<ul class="wp-block-list">
<li>Another approach to capturing alpha: avoiding macro factor risk in favor of security-specific risk.</li>
</ul>
The note thus added that &#8220;Dynamically managing macro risk and taking security-specific risk can help capture it (alpha). We eye selective global opportunities.&#8221;
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures</a> 
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on Tuesday:
<ul class="wp-block-list">
<li>June&#8217;s headline and core consumer price index data, and the Empire State manufacturing survey, will be released by 8:30 a.m. ET.</li>
<li>Fed Governor Michelle Bowman will speak at 9:15 a.m., Fed Governor Michael Barr will speak at 12:45 p.m., Boston Fed President Susan Collins will speak at 2:45 p.m., and Dallas Fed President Lorie Logan will speak at 6:45 p.m. ET.</li>
</ul>
Stocks In Focus:
<ul class="wp-block-list">
<li>JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) was up 0.33% in premarket on Tuesday as analysts expect it to report earnings of $4.48 per share on revenue of $44.17 billion before the opening bell.</li>
<li>Wells Fargo &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) fell 0.26% as it is expected to report earnings before the opening bell. Analysts estimate earnings of $1.40 per share on revenue of $20.78 billion.</li>
<li>Bank of New York Mellon Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BK#NYSE">BK</a>) was 0.10% higher as analysts expect it to report earnings of $1.76 per share on revenue of $4.83 billion before the opening bell.</li>
<li>Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) advanced 0.47% as it is expected to report earnings before the opening bell. Analysts estimate earnings of $1.62 per share on revenue of $20.89 billion.</li>
<li>Longevity Health Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XAGE#NASDAQ">XAGE</a>) surged 75.80% after announcing a merger with THPlasma and the termination of its transaction with 20/20 BioLabs. This strategic move is expected to leverage plasma synergies to drive bioaesthetic innovation.</li>
<li>BloomZ Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLMZ#NASDAQ">BLMZ</a>) zoomed 66.08% after it signed an MoU with HYPRCOMMUNITY to develop an AI-driven VTuber social platform.</li>
<li>Brazil Potash Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRO#NYSE">GRO</a>) jumped 43.45% after signing an MoU with Fictor &amp; Wtt S.A. for $200 million in power line construction.</li>
<li>Glimpse Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRAR#NASDAQ">VRAR</a>) advanced 28.14% after releasing preliminary unaudited results, showcasing remarkable performance with revenue reaching $3.50 million, marking a 100% increase from the previous quarter.</li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading lower in the early New York session by 0.55% to hover around $66.61 per barrel.
Gold Spot US Dollar rose 0.49% to hover around $3,359.84 per ounce. Its last record high stood at $3,500.33 per ounce. The U.S. Dollar Index spot was lower by 0.10% at the 97.9830 level.
Asian markets ended higher on Tuesday, as India's S&amp;P BSE Sensex, Japan's Nikkei 225, Australia's ASX 200, China&#8217;s CSI 300, Hong Kong's Hang Seng, and South Korea's Kospi indices rose. European markets were mixed in early trade.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/07/46407517/nvidia-resumes-h20-shipments-to-china-as-jensen-huang-meets-trump-beijing-officials-fully-compliant-rtx-pro-aims-to-bridge-ai-cold-war">Nvidia Resumes H20 Shipments To China As Jensen Huang Meets Trump, Beijing Officials — &#8216;Fully Compliant&#8217; RTX PRO Aims To Bridge AI Cold War</a></li>
</ul>
Photo courtesy: Shutterstock

Equities

BLMZ

FAST

VRAR

Longevity Health Holdings, Inc. - Common Stock

XAGE

US Stock Futures Trade Mixed Ahead Of June Inflation Print: Big Banks In Focus As Street Awaits JPMorgan, Wells Fargo, BNY Mellon, Citibank's Earnings

Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) CEO Mark Zuckerberg is investing heavily in AI as the company plans to build data centers that would use over 1 Gigawatt of power each.
Check out the current price of <a href="https://benzinga.com/quote/META">META stock here</a>.
What Happened: The news, first reported by Semianalysis <a href="https://semianalysis.com/2025/07/11/meta-superintelligence-leadership-compute-talent-and-data/#the-more-you-buy-the-more-you-save-obbb-edition">on</a> Friday and then by Business Insider <a href="https://www.businessinsider.com/meta-mark-zuckerberg-building-ai-data-centers-tents-catch-up-2025-7">on</a> Monday, shared how Zuckerberg was building data centers for AI in tents, in a move that's similar to Elon Musk's Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>).
Musk's EV giant, in 2018, was manufacturing Tesla Model 3 cars in what Musk called a &#8220;tent,&#8221; outside of the Fremont, California, manufacturing facility in a bid to speed up production of the product and improve its Speed to Market.
<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">No standard automotive solution could be built in time, so we created a new solution. It is working &amp; has slightly higher quality than the more traditional general assembly line. Perhaps most surprising is that the total cost of production in the Sprung tent is lower.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1011849186692616194?ref_src=twsrc%5Etfw">June 27, 2018</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
"Inspired by xAI&#8217;s unprecedented time-to-market, Meta is embracing a datacenter design that prioritizes speed above all else,&#8221; Semianalysis shared in the report.
Zuckerberg confirmed the story in a post on Facebook on Monday. "We&#8217;re actually building several multi-GW clusters. We&#8217;re calling the first one Prometheus, and it&#8217;s coming online in &#8217;26." Zuckerberg said.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="355" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/15055205/Zuck-facebook-1024x355.jpg" alt="" class="wp-image-985547" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/15055205/Zuck-facebook-1024x355.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/15055205/Zuck-facebook-300x104.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/15055205/Zuck-facebook-768x266.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/15055205/Zuck-facebook-1536x532.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/15055205/Zuck-facebook-2048x710.jpg 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Source: Mark Zuckerberg via Facebook
The CEO also added that the company's second Hyperion data center could "scale up to 5GW" of power.
Why It Matters: The news comes as Meta's Superintelligence Lab is reportedly considering moving to a <a href="https://www.benzinga.com/markets/tech/25/07/46409092/metas-superintelligence-lab-may-kill-open-source-ai-in-bold-strategy-shake-up-report">closed-source model</a> for its AI. This comes after Zuckerberg confirmed Meta would invest <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46400815/meta-commits-hundreds-of-billions-to-build-massive-ai-clusters-in-race-for-superintelligence">hundreds of billions</a> of dollars to achieve Superintelligence.
Meta's aggressive AI push could send tremors around the sector, with the company <a href="https://www.benzinga.com/markets/tech/25/07/46382291/mark-zuckerberg-poaches-sam-altmans-talent-with-multimillion-dollar-offers-to-build-metas-ai-team">poaching top AI talent</a> from competitors like Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and OpenAI.
Elsewhere, Musk's xAI is also establishing itself as a key player in the AI industry, as the company was recently <a href="https://www.benzinga.com/markets/tech/25/07/46407317/elizabeth-warren-rips-pentagon-deal-with-elon-musks-xai-days-after-company-apologized-for-groks-horrific-behavior-what-could-possibly-go-wrong">awarded defense contracts</a> worth over $200M by the Pentagon. xAI also announced that its model Grok is <a href="https://www.benzinga.com/markets/tech/25/07/46407767/elon-musks-xai-launches-grok-for-government-after-winning-200-million-pentagon-contract">available to purchase</a> for government agencies and institutions.
<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/2025/07/15055927/META-JUL-15-2025-1024x199.jpg" alt="" class="wp-image-985556" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/15055927/META-JUL-15-2025-1024x199.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/15055927/META-JUL-15-2025-300x58.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/15055927/META-JUL-15-2025-768x149.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/15055927/META-JUL-15-2025-1536x298.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/15055927/META-JUL-15-2025.jpg 1549w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Meta scores well on Momentum, Quality and Growth metrics, but offers 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" target="_blank" rel="noreferrer noopener">Benzinga Edge Stock Rankings</a> today!
Read Next:
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<li><a href="https://www.benzinga.com/markets/tech/25/07/46397545/nvidias-jensen-huang-china-doesnt-need-us-chips">Nvidia's Jensen Huang: China Doesn't Need US Chips</a></li>
</ul>
Photo courtesy: Frederic Legrand &#8211; COMEO / Shutterstock.com

Tech

AAPL

TSLA

Elon Musk's Tesla Once Built Cars In A Tent To Meet Production Goals: Now, Mark Zuckerberg Is Channeling His Nemesis As Meta Builds AI Data Centers In Tents

Ericsson (NASDAQ: ERIC) <a href="https://www.benzinga.com/topic/infrastructure" target="_blank" rel="noreferrer noopener">reported second-quarter</a> fiscal 2025 results on Tuesday. The stock price dropped after the print. 
Ericsson earns most of its revenue by selling network infrastructure, software solutions, and professional services.
The Swedish telecom equipment maker&#8217;s sales declined 6% year-over-year (Y/Y) in local currency to 56.13 billion Swedish Krona ($5.80 billion), driven by a 6% decline in Europe, the Middle East, and Africa, a 28% decline in South East Asia, and a 17% decline in North East Asia.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/45899809/ericsson-google-cloud-launch-new-tool-to-help-telecoms-build-faster-smarter-networks" rel="noreferrer noopener">Ericsson, Google Cloud Launch New Tool To Help Telecoms Build Faster, Smarter Networks</a>
Lower sales in Global Communications Platform and Technologies and New Businesses were partly offset by organic sales growth in <a target="_blank" href="https://www.ericsson.com/en/investors" rel="noreferrer noopener">Enterprise Wireless Solutions</a>. The revenue missed the&nbsp;analyst consensus estimate of $5.94 billion.
Organic sales grew by 2%, with 10% growth in the Americas market offset by declines in other market areas.
Adjusted gross margin improved to 48.0% from 43.9% Y/Y, supported by improvements in all segments, despite currency headwinds.
Adjusted EBIT margin was 12.6% versus (19.9)% Y/Y.&nbsp;Adjusted EBITA margin improved to 13.2% from 6.8% a year ago.
Ericsson reported an EPS of SEK 1.37 (14 cents) versus SEK (3.34) Y/Y. It beat the analyst consensus estimate of 12 cents.
Free cash flow before M&amp;A was SEK 2.6 billion in the quarter versus SEK 7.6 billion Y/Y. As of June 30, 2025, net cash stood at SEK 36.04 billion.
Shareholders approved the proposed 2024 dividend of SEK 2.85 per share at the AGM on March 25, 2025. The company will pay the dividend in two installments. It made the first payment of SEK 1.43 per share to shareholders on April 1, 2025, based on the record date of March 27. The second payment of SEK 1.42 per share will follow on October 2, 2025, with a record date of September 29.
Ericsson stock is down 3% year-to-date, lagging the NASDAQ Composite Index&#8217;s 7% returns during the period as it grappled with U.S. semiconductor sanctions and tariff policies.
Outlook
Ericsson said increased uncertainty remains on the outlook, both in terms of the potential for further tariff changes and in the broader macroeconomic environment. It expects third-quarter sales growth for Networks to be below the 3-year average seasonality, reflecting higher second-quarter IPR revenue from previously unlicensed periods.
The company expects quarterly Cloud Software and Services sales to resemble the 3-year average seasonality.
Based on its current assessment of announced tariffs, it expects a quarterly adjusted gross margin of 48% to 50% for Networks.
Price Action: ERIC stock was trading lower by 1.91% to $7.69 premarket at last check Tuesday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/06/45854883/ericsson-supermicro-partner-to-bring-5g-powered-ai-to-factories-retail-and-hospitals" target="_blank" rel="noreferrer noopener">Ericsson, Supermicro Partner To Bring 5G-Powered AI To Factories, Retail And Hospitals</a></li>
</ul>
Photo via Shutterstock

Earnings

Guidance

Movers

ERIC

Ericsson Warns On Growth As US Tariffs And Asia Slowdown Create Uncertainty

AMOD

Alpha Modus Transfers Listing To Nasdaq Capital Market On July 14, 2025

TRX Gold (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/TRX#AMEX">TRX</a>) reported quarterly sales of $12.474 million which missed the analyst consensus estimate of $19.553 million by 36.21 percent. This is a 22.92 percent increase over sales of $10.148 million the same period last year.

Earnings Misses

TRX Gold Q3 Sales $12.474M Miss $19.553M Estimate

Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) announced on Tuesday it will invest $3 billion over five years in artificial intelligence and cloud infrastructure across Germany and the Netherlands, marking a significant expansion of its European operations as demand for AI services accelerates.
What Happened: The enterprise software giant will allocate $2 billion to Germany and $1 billion to the Netherlands, according to separate company statements. The investment will expand Oracle Cloud Infrastructure (OCI) presence in both markets and includes substantial AI infrastructure capacity increases in the Oracle Cloud Frankfurt and Amsterdam regions.
&#8220;With our plans to invest two billion U.S. dollars in AI infrastructure and cloud computing over the next five years, we are helping organizations across Germany accelerate their AI and cloud transformation,&#8221; said Thorsten Herrmann, Senior Vice President and Country Leader of Oracle Germany, in the company&#8217;s press release.
The European expansion comes as Oracle leverages momentum from recent government contract wins in the United States. The company secured <a href="https://www.benzinga.com/markets/equities/25/07/46360515/trump-pushes-google-amazon-microsoft-to-cut-cloud-prices-20-billion-it-budget-on-chopping-block-as-oracle-sets-precedent-report">unprecedented federal discounts of 75% on license-based software</a> and substantial cloud service reductions through November, according to the General Services Administration.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/tech/25/07/46409079/nvidia-growth-estimates-get-10-boost-as-us-lifts-china-chip-export-curbs-gene-munster-predicts-30-35-growth-for-2026" target="_blank" rel="noreferrer noopener">Nvidia Growth Estimates Get 10% Boost As US Lifts China Chip Export Curbs: Gene Munster Predicts 30-35% Growth For 2026</a>
Why It Matters: Oracle&#8217;s shares have surged more than 8.61% <a href="https://www.benzinga.com/markets/tech/25/07/46270569/oracle-offers-deep-discounts-to-us-government-on-ai-cloud-and-database-tools-report">over the past month following strong fourth-quarter earnings</a> that exceeded estimates. CEO Safra Catz noted a &#8220;strong start&#8221; to fiscal 2026, with MultiCloud database revenue growing over 100% year-over-year.
The German investment will support key industries including manufacturing, automotive, renewable energy, science, and healthcare sectors. Federal Minister for Digital Affairs, Karsten Wildberger, stated the investment &#8220;strengthens our digital infrastructure and enables companies and public authorities to benefit from state-of-the-art AI and cloud technologies.&#8221;
In the Netherlands, Oracle will target financial services, logistics, life sciences, and energy sectors. The company emphasized its unique position as the only hyperscaler capable of delivering over 200 AI and cloud services across edge, data center, multicloud, and public cloud environments.
Analysts at Jefferies previously called Oracle&#8217;s recent agreements a &#8220;pivotal moment&#8221; in the company&#8217;s transition to hyperscale cloud status, with regulatory filings indicating potential for <a href="https://www.benzinga.com/markets/equities/25/07/46335864/oracle-stock-gains-as-30-billion-ai-cloud-deals-mark-pivotal-moment-in-race-against-rivals-jefferies-calls-it-a-hyperscale-leap-amid-trump-backed-stargate-push">over $30 billion in yearly revenue by fiscal 2028</a>.
Read Next:
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<li><a href="https://www.benzinga.com/markets/equities/25/07/46409249/peter-thiel-linked-gpx-targets-500-million-to-reinvent-vc-with-fund-of-funds-twist-backing-early-stage-stars-into-series-b-report" target="_blank" rel="noreferrer noopener">Peter Thiel-Linked GPx Targets $500 Million To Reinvent VC With Fund-Of-Funds Twist, Backing Early-Stage Stars Into Series B: Report</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Sundry Photography / Shutterstock.com

AMZN

GOOGL

MSFT

ORCL

Oracle To Invest $3 Billion In AI And Cloud Infrastructure Expansion Across Germany, Netherlands

Celularity Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CELU#NASDAQ">CELU</a>), a biotechnology company based in the United States, saw an 8.04% rise in the stock value in the pre-market hours on Tuesday.
What Happened: The pre-market hours witnessed a surge in Celularity&#8217;s stock value, which rose by 8.04% to $2.42. The stock closed at $2.24 on Monday, with a 6.16% increase.
See Also: <a href="https://benzinga.com/markets/equities/25/07/46407403/brazil-potash-soars-86-after-hours-after-signing-200-million-deal-with-fictor-energia">Brazil Potash Soars 86% After Hours After Signing $200 Million Deal With Fictor Energia</a>
On July 1, a change in Florida law was made, allowing certain stem cell therapies without US Food and Drug Administration (FDA) approval. The regulatory shift drove Celularity&#8217;s stock price sharply higher.
Why It Matters: The recent surge in Celularity&#8217;s stock value follows the company&#8217;s announcement of a partnership with Fountain Life to supply stem cell therapy products. This partnership was announced on July 9, and it has had a positive impact on the company&#8217;s stock value.
Earlier in June, Celularity made headlines when it <a href="https://www.benzinga.com/news/25/06/45872161/celularity-terminated-the-employment-of-its-chief-financial-officer-david-beers-effective-immediatel">terminated the employment of its Chief Financial Officer,</a> David Beers, and appointed Joseph DosSantos as the interim CFO. This move was seen as part of the company&#8217;s efforts to restructure its leadership and operations.
Despite the recent surge, Celularity&#8217;s stock has experienced a significant decrease from its year-to-date high of $5.22. The company&#8217;s market cap currently stands at $53.65 million, with an average volume of 71,080 shares.
Price Action: CELU stock closed up at 6.16% at $2.24 during <a href="https://www.benzinga.com/quote/CELU">regular trading hours</a> on July 14.
With Momentum in the 25th percentile, Benzinga's Edge Stock Rankings indicate, Celularity Inc. stocks have positive trends across all time frames. Know how the stock fares on <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-4/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">other parameters here</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-4/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="858" height="145" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/15043259/Screenshot-2025-07-15-140244.png" alt="" class="wp-image-985406" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/15043259/Screenshot-2025-07-15-140244.png 858w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/15043259/Screenshot-2025-07-15-140244-300x51.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/15043259/Screenshot-2025-07-15-140244-768x130.png 768w" sizes="(max-width: 858px) 100vw, 858px" /></a></figure>
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<li><a href="https://benzinga.com/markets/cryptocurrency/25/03/44391187/microsoft-alerts-coinbase-metamask-wallet-users-of-new-malware-threat">Microsoft Alerts Coinbase, MetaMask Wallet Users Of New Malware Threat &#8211; Benzinga</a></li>
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: khunkornStudio via Shutterstock

CELU

Celularity Inc. Surges Over 8% Pre-Market Amid Florida Stem Cell Policy, New Partnership Boost

Unity Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UNTY#NASDAQ">UNTY</a>) reported quarterly earnings of $1.61 per share which beat the analyst consensus estimate of $1.18 by 36.79 percent. This is a 73.12 percent increase over earnings of $0.93 per share from the same period last year.

Earnings Beats

UNTY

Unity Bancorp Q2 EPS $1.61 Beats $1.18 Estimate, On A Non-Gaap Basis, Company Reported Net Income Of $1.20 Per Diluted Share, Representing 1.86% ROA And 15.70% ROE

The new program, purpose-built for the company's employer and health plan clients in the U.S., leverages Teladoc Health's unmatched scale, clinical product portfolio and consumer engagement expertise to help organizations create a powerful "on-ramp" for long-term employee wellness.

TDOC

Teladoc Health Unveils Wellbound EAP To Deliver Seamless, Whole-Person Support For U.S. Employers And Health Plans

<ul>
<li>$152 billion of year-to-date total net inflows led by a record first half for iShares&#xAE; ETFs, alongside private markets and cash net inflows</li>
<li>$68 billion of quarterly total net inflows reflect impact of a single institutional client's $52 billion lower-fee index partial redemption.</li>
<li>13% increase in revenue year-over-year reflects positive impact of markets, organic base fee growth and fees related to the GIP Transaction, as well as higher technology services and subscription revenue, partially offset by lower performance fees.</li>
<li>4% decrease in year-over-year GAAP operating income primarily as a result of noncash acquisition-related expenses, which have been excluded from as-adjusted results.</li>
<li>12% increase in year-over-year as adjusted operating income.</li>
<li>2% increase in diluted EPS year-over-year (16% as adjusted) also reflects higher nonoperating income, partially offset by a higher effective tax rate and a higher diluted share count in the current quarter</li>
<li>Closed acquisition of HPS Investment Partners on July 1st, adding $165 billion of client AUM and $118 billion of fee-paying AUM</li>
</ul>

Large Cap

Blackrock Reported $68B In Q2 Total Net Inflows

Contracts

KBR-SOCAR JV Wins Dual BP Contracts In Azerbaijan To Advance Sangachal Terminal Electrification And Shah Deniz Compression Projects

Zeekr To Go Private In Geely Merger Deal Offering $26.87/ADS Or 12.3 Geely Shares; Set To Delist Zeekr From NYSE By Q4 2025

BlackRock Q2 2025 Adj. EPS $12.05 Beats $10.80 Estimate, Sales $5.423B Beat $5.344B Estimate

President Donald Trump&#8217;s sweeping new tariffs, which include 30% duties on EU goods, 35% on Canadian imports, and 50% on products from Brazil, could hit American businesses hard, warns Peter Boockvar, the CIO at Bleakley Financial Group.
What Happened: The proposed levies, set to begin Aug. 1, would apply to an estimated $3.3 trillion in U.S. imports annually, Boockvar said while speaking to Kitco News on Monday.
&#8220;If we're left with a 15% tariff baseline on $3.3 trillion worth of imports, that's about $500 billion in new taxes,&#8221; he says, adding that they essentially undo Trump&#8217;s 2017 tax cuts.
See Also: <a href="https://www.benzinga.com/markets/macro-economic-events/25/07/46338641/ray-dalio-says-trumps-tariffs-are-theoretical-warns-they-may-not-bring-manufacturing-back-to-us">Ray Dalio Says Trump&#8217;s Tariffs Are &#8216;Theoretical,&#8217; Warns They May Not Bring Manufacturing Back To US</a>
&#8220;You're essentially taking back your own cut in the corporate income tax in 2017, which I was a big fan of,&#8221; Boockvar says, referring to the 2017 Tax Cuts and Jobs Act, which reduced the federal corporate tax rate from 35% to 21%, aimed at boosting investment and bringing manufacturing jobs back to the U.S.
Boockvar continues to reiterate his point, saying that &#8220;there are not just trade policies, they&#8217;re taxes,&#8221; that will ripple across supply chains, particularly for companies dependent on foreign inputs.
He also questioned the broader logic of using tariffs as industrial policy, calling it a &#8220;fantasy belief&#8221; that such measures will successfully reshore manufacturing jobs.
Why It Matters: Several experts, economists and analysts have echoed similar concerns over the years, saying that tariffs are a tax paid by American businesses and consumers.
Early this month, soon after a trade deal was <a href="https://www.benzinga.com/news/politics/25/07/46239985/peter-schiff-warns-americans-will-suffer-and-vietnamese-will-enjoy-after-trumps-trade-deal-with-hanoi">announced with Vietnam</a>, economist Peter Schiff declared that &#8220;Americans are losers and Vietnamese are winners,&#8221; since consumers in the U.S. will now be paying an additional 20% on goods imported from Vietnam, while Vietnamese conumers will have to bear no such costs on imports from the U.S.
Going back to 1987, Republican President <a href="https://www.benzinga.com/markets/25/03/44269552/ronald-reagan-warned-that-tariffs-destroy-prosperity-trump-is-doubling-them-anyway-and-now-us-tech-giants-like-apple-and-nvidia-are-bracing-for-impact">Ronald Reagan warned</a> that &#8220;High tariffs inevitably lead to retaliation… and less and less competition,&#8221; which would ultimately harm American workers and consumers. 
<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="Markets Are ‘Living in Fantasy' Ahead of CPI, Fed Cut Coming Soon &#x7C; Peter Boockvar" width="500" height="281" src="https://www.youtube.com/embed/Vzv7CQb9fS4?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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<li><a href="https://www.benzinga.com/news/politics/25/07/46408726/eu-hits-back-with-84-billion-tariff-threat-as-trump-ramps-30-levy-plan-boeing-whiskey-and-autos-now-squarely-in-the-crosshairs">EU Hits Back With $84 Billion Tariff Threat As Trump Ramps 30% Levy Plan: Boeing, Whiskey And Autos Now Squarely In The Crosshairs</a></li>
</ul>
Photo courtesy: Shutterstock

Politics

Trump's Tariffs Are A '$500 Billion' Tax On US Businesses That Wipe Out His 2017 Corporate Tax Break

Sen.&nbsp;Elizabeth Warren&nbsp;(D-Mass.)&nbsp;questioned a potential quid pro quo involving the Trump family&#8217;s cryptocurrency ventures and Binance&#8217;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/bnb/usd">BNB</a>) convicted ex-CEO Changpeng Zhao.
What Happened: In an X post, Warren cited a recent report that claimed Binance covertly helped President&nbsp;Donald Trump-backed cryptocurrency company World Liberty Financial develop the USD1 stablecoin.
&#8220;One of the Trump family's crypto ventures got behind-the-scenes help from the world's largest crypto exchange,&#8221; Warren said. &#8220;Its founder? A convicted felon now seeking a Trump pardon.&#8221; 
Warren was referring to Zhao, who was <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38547115/ex-binance-ceo-changpeng-zhao-sees-crypto-industry-entering-new-phase">sentenced for anti-money laundering violations</a> in the U.S. Zhou&nbsp;paid a $50 million fine, stepped down from the&nbsp;company and subsequently served four months in prison. 
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<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">One of the Trump family's crypto ventures got behind-the-scenes help from the world's largest crypto exchange. Its founder? A convicted felon now seeking a Trump pardon. Congress should be shutting this down — not making it easier for Trump to profit by passing crypto bills. <a href="https://t.co/yimkchiigS">pic.twitter.com/yimkchiigS</a>
&mdash; Elizabeth Warren (@SenWarren) <a href="https://twitter.com/SenWarren/status/1944834183924191369?ref_src=twsrc%5Etfw">July 14, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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The senior Democrat, who has been fighting hard to convince lawmakers to take notice of Trump&#8217;s cryptocurrency activities, urged Congress to address this issue before passing bills that would enable him to profit more.
<a href="http://pro.benzinga.com">Benzinga</a> reached out to Binance and the White House for a comment. The story will be updated once they respond.
See Also: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46330813/circles-expands-beyond-coinbase-binance-partnerships-strikes-deal-with-bybit">Circle Expands Beyond Coinbase, Binance Partnerships, Strikes Deal With Bybit</a>
Why It Matters: The report suggested that <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46381943/trumps-crypto-firm-allegedly-received-covert-aid-from-binance-before-founders-pardon-plea">Binance allegedly helped write the core code</a> for the dollar-pegged stablecoin USD1, and the code facilitated&nbsp;an <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45160707/eric-trump-says-world-libertys-stablecoin-will-be-used-to-close-a-2-billion-deal-dollar-token-to-also-get-integrated-with-justin-suns-tron-blockchain">Emirati investment firm to&nbsp;acquire&nbsp;a $2 billion stake</a> in&nbsp;Binance using USD1.
Zhao called the report a hit piece and was contemplating a defamation lawsuit.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">4. FUD. Bloomberg just wrote another hit piece (sponsored by a competitor) containing so many factual errors I don&#39;t even know where to begin. Might have to sue them again for defamation. <a href="https://t.co/FevGMArHj8">https://t.co/FevGMArHj8</a>
&mdash; CZ &#x1f536; BNB (@cz_binance) <a href="https://twitter.com/cz_binance/status/1943705285098365065?ref_src=twsrc%5Etfw">July 11, 2025</a></blockquote>
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Warren had deemed the<a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45399468/elizabeth-warren-calls-out-trump-linked-stablecoin-as-a-national-security-risk-hes-cashing-in-on-foreign-crypto-deals"> deal &#8220;shady&#8221; and a national security risk</a>, accusing Trump of profiting from foreign cryptocurrency agreements. She&nbsp;<a href="https://www.benzinga.com/25/05/45509721/elizabeth-warren-urges-congress-to-vote-against-genius-act-citing-potential-for-trumps-corruptionanthony-scaramucci-warns-democrats-against-political-suicide" target="_blank" rel="noreferrer noopener">urged Congress to vote against</a>&nbsp;the GENIUS Act, also known as the stablecoin bill, because it would enable Trump&#8217;s &#8220;crypto corruption.&#8221; The bill eventually passed the Senate
Trump reported incomes<a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45966444/donald-trump-jr-says-his-father-doesnt-touch-the-family-backed-crypto-company-despite-disclosure-of-57-million-income" target="_blank" rel="noreferrer noopener">&nbsp;exceeding $57 million</a>&nbsp;from&nbsp;World Liberty Financial in his latest disclosure.
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/news/politics/25/07/46359496/elizabeth-warren-says-crypto-industry-wants-trump-to-boost-their-products-just-like-he-was-hawking-elon-musks-cars">Elizabeth Warren Says Crypto Industry Wants Trump To Boost Their Products Just Like He Was &#8216;Hawking&#8217; Elon Musk&#8217;s Cars</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.
Credit: Cody Scanlan/The Register / USA TODAY NETWORK via 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

$BNB

Elizabeth Warren Says 'Convicted Felon' Leveraged Trump Family's Crypto Interests For Pardon: Senator Makes Scathing Comments On Binance Co-Founder

Key Preliminary Second Quarter 2025 Highlights:
<ul>
<li>Total revenues expected to be between $9.4 billion and $9.6 billion</li>
<li>Same store total revenue growth between 3.5% and 4.0%</li>
<li>Financing ops income between $15 million and $18 million, an increase of between 110% and 155% year-over-year</li>
<li>Other income related to equity investment mark-to-market adjustments up slightly year-over-year</li>
<li>Share repurchases of 1.5% of shares outstanding during the second quarter, and 3.0% year-to-date</li>
</ul>

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