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On the eve of International Workers&#8217; Day, a new report from Oxfam depicts the stark reality of growing global income inequality: average CEO pay has increased by 50% in real terms since 2019, while worker wages have seen a negligible rise. 
What Happened: The report, released in collaboration with the International Trade Union Confederation (ITUC), advocates for widespread reforms to address what it describes as a system rigged in favor of the ultra-rich.
Oxfam&#8217;s review of nearly 2,000 companies across 35 countries shows that global CEO compensation averaged $4.3 million in 2024. This figure is up from $2.9 million five years earlier, after adjusting for inflation. 
On the contrary, the average worker's pay increased by 0.9% in the same period. The report is based on data from the S&amp;P Capital IQ database and comprises full executive packages with bonuses and stock options.
Recently, another analysis showed that only 19 U.S. households, including those of Tesla Inc. CEO Elon Musk, Berkshire Hathaway Inc. CEO Warren Buffett, and Amazon.com Inc. founder Jeff Bezos, <a href="https://www.benzinga.com/news/global/25/04/45061885/elon-musk-warren-buffett-jeff-bezos-and-16-us-households-gained-1-trillion-in-2024-an-amount-larger-than-switzerlands-entire-economy">added $1 trillion to their net worth in 2024.</a>
See Also: <a href="https://www.benzinga.com/markets/25/05/45125581/dr-doom-sees-us-potential-growth-at-4-by-2030-despite-possibility-of-trump-tariffs-triggering-a-brief-recession-exceptional-growth-around-the-corner">&#8216;Dr Doom&#8217; Sees US Potential Growth At 4% By 2030 Despite Possibility Of Trump Tariffs Triggering A Brief Recession: &#8216;Exceptional Growth&#8217; Around The Corner?</a>
Why It Matters: "Year after year, we see the same grotesque spectacle: CEO pay explodes while workers&#8217; wages barely budge. This isn't a glitch in the system —it's the system working exactly as designed, funnelling wealth ever upwards while millions of working people struggle to afford rent, food, and healthcare," said Oxfam International Executive Director Amitabh Behar. 
Oxfam notes that billionaires acquired $206 billion in new wealth in just the past year—almost $23,500 per hour, which is more than the average annual income globally.
The report spotlights other threats to worker livelihoods, like the <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/45107728/trump-labels-market-decline-bidens-stock-market-as-he-distances-tariffs-from-downturn">impact of newly imposed U.S. tariffs.</a> "For so many workers worldwide, President [Donald] Trump's reckless use of tariffs means a push from one cruel order to another: from the frying pan of destructive neoliberal trade policy to the fire of weaponized tariffs. These policies will not only hurt working families in the US, but especially harm workers trying to escape poverty in some of the world's poorest countries," said Behar.
To address this situation, Oxfam and ITUC are advocating for an income tax rate of at least 75% on those earning at the highest levels.
This report comes in the heels of an interview where <a href="https://www.benzinga.com/25/04/45037541/trumps-proposed-millionaires-tax-ignites-political-firestorm-within-republicans-doing-so-would-be-political-death-caution-experts">Trump backed the idea of increasing taxes on millionaires</a>, leading to pushback from the more conservative circles in the GOP.
Read Next: 
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<li><a href="https://www.benzinga.com/tech/25/04/45096452/mark-zuckerberg-denies-tilt-towards-donald-trump-says-big-tech-must-work-with-whoever-is-in-power-describes-last-decade-as-painful-maturation-process">Mark Zuckerberg Denies Tilt Towards Donald Trump, Says Big Tech Must Work With &#8216;Whoever&#8217; Is In Power, Describes Last Decade As &#8216;Painful Maturation Process&#8217;</a></li>
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CEO Pay Surges 50% Since 2019 As Worker Wages Stall — Oxfam Calls For 75% Tax On Super-Rich Ahead Of International Workers' Day

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U.K. Manufacturing Purchasing Managers Index For April 45.4 Vs. 44.0 Est.; 44.9 Prior

Semiconductor giant Qualcomm Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) made a bold bet on its future, involving diversification across lucrative new verticals, with AI as the foundational enabler for this expansion over the course of this decade.
What Happened: During its <a href="https://benzinga.com/news/earnings/25/04/45115978/qualcomm-beats-q2-expectations-on-earnings-revenue-ceo-highlights-focus-on-critical-factors-we-can-control">second quarter earnings</a> call on Wednesday, Qualcomm reported $6.9 billion in handset chip sales, out of $10.8 billion in total revenue. The company plans to change this by doubling down on four different non-handset verticals, targeting $22 billion in sales from them by 2029.
&#8220;We remain focused on driving the next wave of AI smartphones and growing our non-handset revenues to $22 billion by fiscal 2029,&#8221; the company&#8217;s CEO, Christiano Amon, said during the call.
Qualcomm outlined four key growth verticals, each with revenue targets for 2029. Leading the list was its personal computing segment, where it aims to generate $4 billion in sales by the end of the decade through its Snapdragon platform, with 100 device designs expected to be commercialized by 2026.
See More: <a href="https://www.benzinga.com/25/05/45125965/how-microsoft-plans-to-thrive-during-a-recession-satya-nadella-explains-the-role-of-cloud-solutions-in-weathering-economic-storms">Microsoft Plans To Leverage A &#8216;Malleable Resource&#8217; To Thrive In A Recession, Satya Nadella Explains</a>
The automotive segment follows, with Qualcomm targeting $8 billion in sales by 2029. Extended Reality (XR) and Industrial IoT are projected to contribute $2 billion and $4 billion, respectively. Altogether, these segments are expected to bring in $18 billion, with the remaining $4 billion coming from consumer and networking IoT, edge networking, and AI software.
AI is at the center of Qualcomm's growth strategy, as the company advances on-device AI for mobile and PCs, followed by powering intelligent cockpit and ADAS systems in vehicles via its Snapdragon platform. Its recent acquisition of Edge Impulse further supports this push, enabling developers to build industrial AI solutions across a range of edge use cases.
&#8220;As AI accelerates the next phase of digital transformation, EdgeImpulse, combined with our AI hub, creates a true world-class industrial development platform for the age of intelligence,&#8221; Amon said during the call.
Why It Matters: Qualcomm has made a <a href="https://benzinga.com/tech/25/04/44630304/qualcomm-expands-ai-ambitions-with-acquisition-of-vinais-generative-ai-division">series of acquisitions</a> in recent months to strengthen its AI capabilities. The most recent was MoviaAI, acquired last month, just weeks after the company announced its purchase of Edge Impulse in March. 
The company&#8217;s diversification push comes on the heels of a <a href="https://benzinga.com/etfs/specialty-etfs/25/02/43888012/apples-in-house-modem-chip-sparks-qualcomm-concerns-3-etfs-with-key-exposure">major shift in its customer base</a>. Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), its largest client, recently unveiled its own in-house modem chip. Qualcomm executives said they expect to supply just 20% of Apple's modem chips by 2026, a development that has raised concerns among investors.
Price Action: Despite beating estimates on its second quarter results, Qualcomm shares are down 5.69% in pre-market trade. 
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="139" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/01031956/Screenshot-2025-05-01-at-12.49.39-PM-1024x139.png" alt="" class="wp-image-896301" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/01031956/Screenshot-2025-05-01-at-12.49.39-PM-1024x139.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/01031956/Screenshot-2025-05-01-at-12.49.39-PM-300x41.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/01031956/Screenshot-2025-05-01-at-12.49.39-PM-768x104.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/01031956/Screenshot-2025-05-01-at-12.49.39-PM-1536x208.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/01031956/Screenshot-2025-05-01-at-12.49.39-PM.png 1592w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
According to Benzinga&#8217;s Edge Stock Rankings, Qualcomm&#8217;s price trend is unfavorable in the short, medium, and long term. 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</a>. 
Read More: 
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<li><a href="https://www.benzinga.com/markets/25/05/45125581/dr-doom-sees-us-potential-growth-at-4-by-2030-despite-possibility-of-trump-tariffs-triggering-a-brief-recession-exceptional-growth-around-the-corner">&#8216;Dr Doom&#8217; Sees US Potential Growth At 4% By 2030 Despite Possibility Of Trump Tariffs Triggering A Brief Recession: &#8216;Exceptional Growth&#8217; Around The Corner?</a></li>
</ul>
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Qualcomm Plans $22 Billion In 'Non-Handset' Revenue By 2029—With AI As Its Trojan Horse

Financial services company, Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), is working towards allowing its 25 million predominantly small, retail customers access to private company shares. 
What Happened: During its <a href="https://benzinga.com/news/earnings/25/04/45118133/robinhood-q1-earnings-highlights-record-trading-volumes-transaction-based-revenues-up-77-gold-subscribers-up-90">first quarter earnings</a> call on Wednesday, Robinhood CEO Vlad Tenev told investors that expanding retail access to private markets was one of its &#8220;top policy priorities.&#8221;
&#8220;We believe it's actually quite crazy that customers can't invest in private companies, given that private companies are staying private longer,&#8221; Tenev said. He pointed to companies like OpenAI and SpaceX, which are valued at hundreds of billions, while still remaining private, noting, &#8220;Those gains are accruing to a smaller and smaller group of insiders.&#8221;
See More: <a href="https://www.benzinga.com/markets/equities/25/05/45126618/sell-in-may-adage-challenged-as-sp-500-posts-gains-in-9-of-last-10-yearsrecent-data-suggests-seasonal-strategy-may-be-outdated">&#8216;Sell In May&#8217; Might Have Rung True Once Upon A Time On Wall Street, But The Popular Adage Rings Hollow Today</a>
Tenev said Robinhood already has the technology in place to enable this access, referring to the tokenization of private company shares. &#8220;What's needed is comprehensive securities legislation,&#8221; he said, adding that current accredited investor rules also need to be reconsidered, as they &#8220;shut out north of 80% of the public currently.&#8221;
The company is currently involved in active discussions on this issue, and there is a willingness among lawmakers and the administration regarding this, according to Tenev, who is confident about making progress.
Why It Matters: Recently, Tenev <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43294972/robinhood-ceo-vlad-tenev-pushes-for-tokenization-to-unlock-private-companies-like-spacex-and-openai-for-more-investors">penned an op-ed</a> for The Washington Post pushing for tokenization, arguing that this would unlock value for companies, investors, and crypto technology. 
Robinhood has been steadily working to <a href="https://benzinga.com/25/03/44530226/robinhood-launches-ai-investment-tool-cortex-to-expand-market-analysis-access-a-premium-research-assistant-right-in-your-pocket">bridge the gap</a> between retail and institutional investors, with its latest step in that direction being the launch of its Cortex AI tool.
It has since also come out with its roboadvisor service, <a href="https://www.benzinga.com/content/44779568/robinhood-strategies-could-be-a-game-changer-for-young-investors">Robinhood Strategies</a>, particularly aimed at younger investors, and offering active portfolio monitoring services with annual fees of 0.25% of assets managed, capped at $250 per year.
Price Action: The stock was down 0.53% on Wednesday, but is up 1.45% pre-market, following the company&#8217;s beat on consensus estimates during its first quarter earnings.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="137" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/01040048/Screenshot-2025-05-01-at-1.30.33-PM-1024x137.png" alt="" class="wp-image-896353" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/01040048/Screenshot-2025-05-01-at-1.30.33-PM-1024x137.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/01040048/Screenshot-2025-05-01-at-1.30.33-PM-300x40.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/01040048/Screenshot-2025-05-01-at-1.30.33-PM-768x103.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/01040048/Screenshot-2025-05-01-at-1.30.33-PM-1536x205.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/01040048/Screenshot-2025-05-01-at-1.30.33-PM.png 1616w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
According to Benzinga Edge Stock Rankings, Robinhood scores well on momentum and growth, with a favorable price trend in the short, medium, and long term. 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</a>. 
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<li>Read More: <a href="https://www.benzinga.com/markets/equities/25/05/45126778/short-seller-jim-chanos-slams-trumps-reindustrialization-hopes-says-3-per-hour-apple-supplier-foxconn-workers-were-too-expensive-questions-if-those-jobs">Short Seller Jim Chanos Slams Trump&#8217;s Reindustrialization Hopes: Says $3-Per-Hour Apple Supplier Foxconn Workers Were &#8216;Too Expensive&#8217; — Questions If &#8216;Those Jobs Are Coming Back&#8217;</a></li>
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Robinhood Wants To Offer Access To Private Companies Like SpaceX, OpenAI To 25M Retail Investors, CEO Calls Status Quo 'Crazy'

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Earnings Scheduled For May 1, 2025

Economist Mohamed A. El-Erian on Wednesday highlighted gains for Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and gold in April, contrasting with the declines in the stock market
What Happened: El-Erian, the Chief Economic Advisor at&nbsp;Allianz, took to X detailing the year-to-date performance of major asset classes.
Since the start of the year, the Dow Jones Industrial Average and S&amp;P 500 have dropped 4.41% and 5.31%, respectively, while gold has gained 24.48%. 
April was a significant down month for stocks. President Donald Trump&#8217;s aggressive tariff measures threw markets into a spiral, forcing the Dow and S&amp;P 500 to fall 3.15% and 1.14%, respectively, during the month. 
Crude oil also endured pressures, with year-to-date losses at 18.84% at the end of April.
In contrast, Bitcoin and gold were among the few winners of the month, rising 13.73% and 3.9%, respectively. Year-to-date, however, the apex cryptocurrency has barely increased, while gold has jumped 24.48%.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Please see below for the usual monthly table of performance for major assets/asset classes. While April was a down month for most, their initial large losses were largely offset by the end of the month. Of the losers, oil led the way with an almost 20% loss. A few assets… <a href="https://t.co/9xYpB0nhBA">pic.twitter.com/9xYpB0nhBA</a>
&mdash; Mohamed A. El-Erian (@elerianm) <a href="https://twitter.com/elerianm/status/1917723645532893304?ref_src=twsrc%5Etfw">April 30, 2025</a></blockquote>
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See Also:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/04/45111384/shiba-inu-burn-rate-skyrockets-2094-what-is-going-on" target="_blank" rel="noreferrer noopener">Shiba Inu Burn Rate Skyrockets 2,094%: What Is Going On?</a>
Why It Matters: These numbers come in the wake of the <a href="https://in.benzinga.com/economics/macro-economic-events/25/04/45098824/tariffs-hit-hard-as-us-economy-shrinks-for-first-time-since-2022">U.S. economy&#8217;s contraction</a> in the first quarter of 2025, marking its first negative growth reading since the second quarter of 2022. This contraction, precipitated by newly imposed trade tariffs, has stoked recession fears.
Notably, Bitcoin was not immune to the macroeconomic pressures as it hit a bottom of $76,000 earlier this month. However, the apex cryptocurrency <a href="https://www.benzinga.com/25/04/44720006/markets-take-off-as-trump-announces-90-day-tariff-pause-for-non-retaliating-nations-slaps-china-with-125-duty">rebounded sharply</a> after Trump announced a 90-day pause on tariffs on countries that have not retaliated&nbsp;against U.S. trade measures.
Price Action: At the time of writing, Bitcoin was exchanging hands at $94,974.24, up 0.19% 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>. Spot gold traded at $3,235.26 an ounce, down 1.63%.
Read Next:&nbsp;
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<li><a href="https://benzinga.com/25/04/45090666/nuclear-armed-india-pakistan-heading-for-war-polymarket-bettors-think-yes-amid-pak-ministers-imminent-attack-rema" target="_blank" rel="noreferrer noopener">Nuclear-Armed India, Pakistan Heading For Conflict Again? Polymarket Bettors Think Yes Amid Pak Minister&#8217;s &#8216;Imminent&#8217; Attack Remark</a></li>
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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>
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Bitcoin, Gold Shine In April While Stocks, Oil Suffer— Mohamed El-Erian Flags Diverging Market Trends

Thousands of people are expected to take to the streets across the country on Thursday for May Day demonstrations, to highlight what organizers say are consolidated <a href="https://www.benzinga.com/personal-finance/25/04/44850551/this-fight-is-only-beginning-unions-resist-trump-executive-order-ending-collective-bargaining-rights-for-more-than-1-million-workers">attacks on labor rights</a> and <a href="https://www.benzinga.com/tech/25/04/44882049/peter-thiels-palantir-bags-30-million-order-from-ice-for-immigrant-tracking-system">immigrant communities</a> under the President Donald Trump administration. The movement is led by a coalition called May Day Strong, grounded in a legacy of worker-led protests across the globe on May 1.
What Happened: Demonstrations to protest policies that are "defunding our schools, privatizing public services, attacking unions, and targeting immigrant families with fear and violence" are scheduled in more than 1000 cities nationwide.
"This is a war on working people," reads a statement on the May Day Strong events page. "We are reclaiming our power from corporate elites, and we will not be intimidated by Trump, Musk, or their billionaire backers. They&#8217;ve ruled for too long."
The White House did not immediately respond to Benzinga's request for comment.
See Also: <a href="https://www.benzinga.com/25/04/45037541/trumps-proposed-millionaires-tax-ignites-political-firestorm-within-republicans-doing-so-would-be-political-death-caution-experts">Trump&#8217;s Proposed Millionaires Tax Draws Fierce GOP Pushback: &#8216;Doing So Would Be Political Death,&#8217; Experts Caution</a>
Why It Matters: This year's protests are expected to surpass previous years in size and scope. Georgetown University labor historian Joseph McCartin <a href="https://www.npr.org/2025/04/30/nx-s1-5382560/may-day-protests-history-trump">told</a> NPR that the broad geographic reach and diversity of participants could make this the most extensive May Day mobilization in U.S. history.
Internationally commemorated as a day for labor solidarity, May Day has always had a tense relationship with the U.S. political landscape. Many Presidents have attempted to rebrand the day, including Eisenhower's "Law Day" and Trump's "Loyalty Day," but activists continue to reclaim the it as a platform for worker rights and immigrant justice.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/25/04/45124644/trump-blames-gdp-contraction-on-biden-overhang-nothing-to-do-with-the-tariffs">Trump Blames GDP Contraction On Biden &#8216;Overhang&#8217;: &#8216;Nothing To Do With The Tariffs&#8217;</a></li>
</ul>
Image via Shutterstock

Nationwide May Day Protests To Condemn Trump Administration's Actions As A 'War On Working People'

Palantir Technologies Inc.‘s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) CEO Alex Karp told a heckler on Wednesday at the Hill &amp; Valley Forum that Silicon Valley must defend its right to debate and "not become a product of an ideology," arguing that true strength comes from open discourse.
What Happened: "If your argument is that strong, why will you not let the other side talk?" he asked, saying, &#8220;The obvious solution to war is to have the West have the strongest, most precise, deadly weapons possible… so that we can minimize unnecessary innocent deaths.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24PLTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PLTR</a> CEO Alex Karp's response to a Palestinian protestor at The Hill &amp; Valley Forum <a href="https://t.co/lyAfGScf0s">pic.twitter.com/lyAfGScf0s</a>
&mdash; Brett Krieger (@BrettKrieger12) <a href="https://twitter.com/BrettKrieger12/status/1917573757440319909?ref_src=twsrc%5Etfw">April 30, 2025</a></blockquote>
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Karp pointed to his new book, The Technological Republic, co-authored with Nicholas Zamiska, which urges a tighter alliance between government and tech to secure Western liberal democracy and maintain a competitive edge over rival powers. He criticized protesters for shutting down debate, warning that those "unwittingly part of an evil force" allow themselves to be weaponized by extremist causes. Karp called on his peers to "fight back" by hosting robust discussions on AI governance, export controls, and the ethics of lethal autonomy.
See also: <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45126342/sam-altmans-crypto-project-unveils-ai-spotting-gizmo-brings-world-to-the-us">Sam Altman&#8217;s Crypto Project Unveils AI-Spotting Gizmo, Brings &#8216;World&#8217; To The US</a>
Karp warned that ceding control of advanced AI to adversaries risks a future where free expression is crushed under "hierarchical disparity," making the West's commitment to open debate its greatest strategic asset.
Why It Matters: Karp&#8217;s comments come days after Palantir's expanding government presence. The&nbsp;<a href="https://www.benzinga.com/government/regulations/25/04/44972877/palantir-teams-up-with-google-to-supercharge-fedstart-bringing-ai-tools-to-us-government-agencies-on-secure-cloud" target="_blank" rel="noreferrer noopener">company recently partnered&nbsp;</a>with&nbsp;Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>)&nbsp;Google Public Sector to enable government agencies to access software applications on Google Cloud's accredited infrastructure with enhanced security compliance.
Palantir CTO Shyam Sankar also recently said President Trump's April executive orders — which make commercial off-the-shelf technology the default for federal procurement and empower agencies to use rapid acquisition tools like Other Transaction Authority — could save billions and <a href="https://www.benzinga.com/government/regulations/25/04/45062012/palantirs-shyam-sankar-backs-trumps-executive-orders-to-prioritize-commercial-tech-in-federal-contracts-the-default-is-commercial-and-this-time-it-has-teeth">broaden contracts</a> to innovative firms.
Price Action: PLTR closed 2.03% higher at $118.44 on Wednesday, despite broader&nbsp;<a href="https://www.benzinga.com/economics/macro-economic-events/25/04/45100047/recession-odds-spike-wall-street-tumbles-as-q1-gdp-surprisingly-contracts-be-patient-trump-responds" target="_blank" rel="noreferrer noopener">market weakness</a>. The relative strength was likely driven by continued momentum following a wave of new defense deals and investor interest ahead of its upcoming&nbsp;<a href="https://www.benzinga.com/government/regulations/25/04/45062012/palantirs-shyam-sankar-backs-trumps-executive-orders-to-prioritize-commercial-tech-in-federal-contracts-the-default-is-commercial-and-this-time-it-has-teeth" target="_blank" rel="noreferrer noopener">earnings report on May 5</a>.
Photo Courtesy: Hiroshi-Mori-Stock On Shutterstock.com
Read next: <a href="https://www.benzinga.com/markets/equities/25/05/45126370/elon-musk-will-remain-tesla-ceo-for-at-least-5-years-says-dan-ives-as-company-calls-replacement-rumors-absolutely-false">Elon Musk Will Remain Tesla CEO For &#8216;At Least 5 Years,&#8217; Says Dan Ives As Company Calls Replacement Rumors &#8216;Absolutely False&#8217;</a>

Tech

GOOG

GOOGL

PLTR

Palantir CEO Alex Karp Says Don't Become 'A Product Of An Ideology' As He Urges Silicon Valley To 'Fight Back' With Open Debate On AI And Defense

IPOs

RDAG

RDAGU

Reported Earlier, Republic Digital Acquisition Company Prices Upsized $264M Initial Public Offering Of 26.4M Units At $10/Unit

ONCO

Reported Earlier, Onconetix Receives Additional Nasdaq Notice For Failure To File 10-K Report, Faces Delisting Risk

WPRT

Reported Earlier, Westport Secures Lock-Up Agreements for 11.4% Of Shares To Support Sale Of Light-Duty Segment

Reported Earlier, AngloGold Ashanti Divests Doropo And ABC Projects To Resolute Mining; Strengthens Portfolio With Mansala Project

Prominent short seller Jim Chanos has challenged the U.S. government&#8217;s manufacturing aspirations, highlighting the economic realities keeping iPhone production overseas.
What Happened: Chanos responded with skepticism to Commerce Secretary Howard Lutnick&#8216;s vision of bringing iPhone manufacturing to American soil. 
Chanos&#8217; remarks came after Lutnick suggested that with artificial intelligence and automation, the U.S. could create hundreds of thousands of manufacturing jobs with salaries ranging from $75,000 to $150,000 under President Donald Trump&#8216;s administration.
Foxconn, also known as Hon Hai Precision (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>), employees in China assembling Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) phones were reportedly seen as &#8220;too expensive&#8221; at $3 an hour in 2023. Chanos wrote, &#8220;Does the Commerce Secretary really think those $3/hour jobs are coming back to the U.S.?&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Foxconn workers in China who assemble <a href="https://twitter.com/search?q=%24AAPL&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$AAPL</a> phones, were considered too expensive at $3 per hour, in 2023. Does the Commerce Secretary really think those $3/hour jobs are coming back to the US?! <a href="https://t.co/BLGkhpT4w2">https://t.co/BLGkhpT4w2</a> <a href="https://t.co/fqRJnxgTnN">pic.twitter.com/fqRJnxgTnN</a>
&mdash; James Chanos (@RealJimChanos) <a href="https://twitter.com/RealJimChanos/status/1917800022671811015?ref_src=twsrc%5Etfw">May 1, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/markets/25/05/45125581/dr-doom-sees-us-potential-growth-at-4-by-2030-despite-possibility-of-trump-tariffs-triggering-a-brief-recession-exceptional-growth-around-the-corner">&#8216;Dr Doom&#8217; Sees US Potential Growth At 4% By 2030 Despite Possibility Of Trump Tariffs Triggering A Brief Recession: &#8216;Exceptional Growth&#8217; Around The Corner?</a>
Why It Matters:  This debate <a href="https://www.benzinga.com/personal-finance/25/04/44879959/steve-jobs-said-14-years-ago-iphones-would-never-be-made-in-the-u-s-those-jobs-arent-coming-back-now-tariffs-could-lift-price-to-3500">echoes a 2011 conversation</a> where Apple CEO Steve Jobs told former President Barack Obama, &#8220;Those jobs aren&#8217;t coming back.&#8221; Beyond labor costs, China&#8217;s supply chain advantages remain significant, with a former Apple executive noting: &#8220;You need a million screws? That factory is a block away.&#8221;
Despite manufacturing concerns, the Trump administration recently <a href="https://www.benzinga.com/25/04/44882019/apple-ceo-tim-cooks-dialogue-with-commerce-secretary-lutnick-secured-tariff-exemption-for-iphones-and-electronics-report">exempted Apple&#8217;s China-produced electronics </a>from import duties following discussions between CEO Tim Cook and White House officials. This pushed Apple&#8217;s market cap back above $3 trillion.
Though Apple reportedly considers shifting iPhone assembly to India, analyst Craig Moffett questions whether this would <a href="https://www.benzinga.com/25/04/45032214/analyst-questions-apples-reported-iphone-shift-to-india-amid-china-tariff-pressures-doesnt-solve-all-the-problems">effectively mitigate tariff impacts</a>, noting components would still largely come from China. &#8220;You have a tremendous menu of problems created by tariffs, and moving to India doesn&#8217;t solve all the problems,&#8221; Moffett told CNBC. Read Next: 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"><a href="https://www.benzinga.com/25/05/45125478/nayib-bukele-led-el-salvador-will-continue-to-buy-bitcoin-says-minister-on-imf-requirement">El Salvador Committed To Buy Bitcoin Despite IMF Requirement, Says Minister— &#8216;Important Project&#8217; Started By Nayib Bukele</a>
</blockquote>
Image Via Shutterstock
Disclaimer:&nbsp;This content was partially produced with&nbsp;the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was&nbsp;reviewed and published by Benzinga editors.

HNHPF

Short Seller Jim Chanos Slams Trump's Reindustrialization Hopes: Says $3-Per-Hour Apple Supplier Foxconn Workers Were 'Too Expensive' — Questions If 'Those Jobs Are Coming Back'

U.S. District Judge Yvonne Gonzalez Rogers found Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and one of its top executives in contempt of court, accusing them of deliberately evading a 2021 injunction meant to curb the <a href="https://www.benzinga.com/general/gaming/24/08/40423388/epic-games-mobile-store-goes-live-in-europe-ceo-says-apple-had-to-be-challenged">tech giant's control</a> over App Store payments.
What Happened: Rogers said Apple&#8217;s vice president of Finance, Alex Roman, "outright lied under oath" about when the company decided to impose a 27% commission on certain web-based purchases made through iPhone apps — a move she deemed anticompetitive and in violation of her prior order, <a href="https://www.cnbc.com/2025/04/30/court-finds-apple-executive-lied-under-oath.html">reported</a> CNBC.
"Neither Apple, nor its counsel, corrected the, now obvious, lies," Rogers wrote.
The judge also accused Apple of withholding internal documents, including records of a 2023 meeting involving CEO Tim Cook, where compliance with the injunction was discussed.
She also noted that Phil Schiller, an Apple fellow and former senior vice president, had opposed the commission policy, but Cook overruled him. "Cook chose poorly," Rogers wrote.
See Also:&nbsp;<a href="https://www.benzinga.com/25/04/45093311/not-everyone-needs-a-thousand-ai-engineers-but-for-those-who-do-zuckerberg-says-meta-will-gladly-build-it-for-a-price" target="_blank" rel="noreferrer noopener">Meta CEO Mark Zuckerberg Says AI Won't Just Be About Free Tools And Ads — Some People Will Pay A Fortune To Deploy Armies Of Digital Workers</a>
Rogers has referred the matter to the U.S. Attorney's Office to consider criminal contempt charges against both Roman and Apple, the report said.
She also ordered the company to immediately stop charging commissions on purchases made through in-app web links and to pay Epic Games' legal fees related to the dispute.
"This is an injunction, not a negotiation. There are no do-overs once a party willfully disregards a court order," Rogers stated.
In a statement, an Apple spokesperson said, "We strongly disagree with the decision. We will comply with the court's order and we will appeal," the report added.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It's Important: Following <a href="http://benzinga.com/news/legal/25/04/45123864/apple-ordered-to-ease-app-store-rules-in-us-epic-games-ceo-tim-sweeney-proposes-peace-deal-saying-well-return-fortnite-and-drop-all-litigation-only-if">the court&#8217;s decision</a>, Epic Games CEO Tim Sweeney made a bold proposal to Apple on X, offering to end all related litigation if the company broadens its compliance.
To meet Epic's demands, Apple would have to eliminate its global commissions on purchases made outside its App Store and remove limitations on linking to external payment options. Such changes could significantly impact Apple's services revenue.
Apple is set to report its <a href="https://www.benzinga.com/25/04/45117801/apple-q2-earnings-preview-analysts-remain-bullish-with-caution-of-tariff-tornado-hitting-iphone">fiscal second-quarter earnings</a> on Thursday. Analysts expect the company to deliver stronger-than-expected results, particularly in its iPhone segment and Chinese market. Wall Street forecasts revenue of $94.42 billion for the quarter, up from $90.75 billion a year ago.
Price Action: Apple shares gained 0.61% during Wednesday's regular session but dropped 1.65% in after-hours trading, closing at $209, per <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
According to Benzinga Edge's Stock Rankings, Apple holds a growth score of 44.64% and a momentum score of 74.99%. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it stacks up against other leading tech stocks</a>.
Photo Courtesy: Prathmesh T On Shutterstock.com
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/personal-finance/24/07/39842841/charlie-munger-said-getting-rich-is-harder-than-ever-but-heres-the-beauty-of-it-you-only-have-to" target="_blank" rel="noreferrer noopener">Charlie Munger Said Getting Rich Is Harder Than Ever, But Here&#8217;s ‘The Beauty Of It&#8217; — You Only Have To Do It Once</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with&nbsp;the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was&nbsp;reviewed and published by Benzinga editors.

Legal

Media

Apple Executive 'Outright Lied,' Says Judge In Epic Case Fallout — Tim Cook 'Chose Poorly'

Dan Ives refuses to acknowledge Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) and Toyota Motor Corp's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>) <a href="https://www.benzinga.com/markets/equities/25/04/45090602/google-backed-waymo-and-toyota-forge-strategic-partnership-to-bring-autonomous-driving-tech-to-personally-owned-vehicles">partnership</a> as a threat to Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Robotaxi ambitions.
What Happened: In a post on social media platform X on Wednesday, the TSLA bull reiterated his belief in the company's FSD technology and the Robotaxi launch in June this year.
<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">I disagree that the Waymo/Toyota is a groundbreaking deal and a threat to Tesla. Tesla will own the autonomous market in my view and no one can compete with their scale and scope. It starts in Austin in June then the autonomous journey begins. Key chapter of growth. &#x1f525;&#x1f402;&#x1f3c6;&#x1f37f;
&mdash; Dan Ives (@DivesTech) <a href="https://twitter.com/DivesTech/status/1917595946336280882?ref_src=twsrc%5Etfw">April 30, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
"I disagree that the Waymo/Toyota is a groundbreaking deal and a threat to Tesla. Tesla will own the autonomous market in my view and no one can compete with their scale and scope," Ives said in the post.
The investor then highlighted June's robotaxi launch as an important event for the company's autonomous driving goals. "It starts in Austin in June then the autonomous journey begins. Key chapter of growth." He said.
Why It Matters: Ives's comments come in as Tesla is already operating the Robotaxi autonomous ride-hailing service in<a href="https://www.benzinga.com/tech/25/04/44972108/tesla-quietly-launched-robotaxi-service-for-employees-before-june-debut-now-reports-1500-completed-trips"> a limited rollout</a> in Austin as well as the San Francisco Bay Area. The service is limited to employees of the company and has already completed more than 1500 trips.
Tesla CEO Elon Musk is confident in the robotaxi launch in June, as the billionaire said that the company will deploy <a href="https://www.benzinga.com/news/earnings/25/04/44943387/elon-musk-shares-fsd-update-at-tesla-earnings-call-10-to-20-model-ys-will-offer-paid-robotaxi-rides-in-june">10 to 20 Tesla Model Ys</a> as robotaxis on the first day of the rollout.
However, other experts aren't as optimistic about FSD as Ives, with analyst Ross Gerber saying that the company's FSD technology was <a href="https://www.benzinga.com/25/03/44068902/tesla-fsd-like-a-12-year-old-driving-compared-to-waymo-says-ross-gerber-warning-uber-has-got-to-be-hurting">"like a 12-year-old driving"</a> compared to Waymo's LiDAR-based system.
Elsewhere, rumors floated around that the company was looking to replace Musk as the CEO following a difficult quarter, which saw declining sales and profits, as well as increased vandalism against Tesla properties. However, Tesla has since <a href="https://www.benzinga.com/markets/25/04/45124373/tesla-board-explored-replacing-elon-musk-as-tesla-ceo-a-month-ago-report">denied the rumors</a>.
Price Action: TSLA stock experienced a 3.38% decline at close, trading for $282.16, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/04/45063886/elon-musk-wants-tesla-to-be-most-valuable-company-in-the-world-but-top-investor-doubts-ev-giants-rise-without-apple-style-marketing-strategy">Elon Musk Wants Tesla To Be &#8216;Most Valuable Company&#8217; In The World, But Top Investor Doubts EV Giant&#8217;s Rise Without Apple-Style Marketing Strategy</a></li>
</ul>
Image Via Shutterstock

Waymo-Toyota Tie-Up A Threat To Elon Musk's Tesla? Dan Ives Dismisses It, Says 'No One Can Compete With Their Scale And Scope'

<ul>
<li>Amicus licenses exclusive U.S. rights to commercialize DMX-200 for the treatment of Focal Segmental Glomerulosclerosis (FSGS) DMX-200 is in a pivotal Phase 3 trial for FSGS, a rare and fatal kidney disease with no FDA-approved therapies</li>
<li>Dimerix successfully completed Type C meeting with the FDA in March 2025, aligning on proteinuria as the primary endpoint for approval</li>
<li>Dimerix to receive US$30 million (~AU$48 million) upfront payment, up to US$560 million (~AU$892 million) for success-based milestone payments, in addition to tiered royalties on DMX-200 net U.S. sales</li>
</ul>

FOLD

Reported Earlier, Dimerix And Amicus Therapeutics Sign Exclusive U.S. License Agreement For DMX-200 In FSGS Treatment

SYNA

Synaptics And Murata Collaborate To Develop Next-Generation Automotive Wireless Connectivity Modules

Recent data challenges the traditional &#8220;Sell in May and go away&#8221; market adage, with evidence suggesting investors might be better off delaying portfolio adjustments.
What Happened: Ryan Detrick, Chief Market Strategist at Carson Group LLC, highlighted on Thursday that May has delivered positive returns in 9 of the past 10 years for the S&amp;P 500 Index, tracked by SPDR S&amp;P 500 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>).
&#8220;Before you Sell in May, just remember this month has been higher 9 of the past 10 years,&#8221; Detrick wrote on X, suggesting the traditional investment wisdom may need updating.
The data shows the S&amp;P 500 averaged 0.9% returns in May over the past decade, with a median return of 1.1%. Only 2019 bucked this trend with a significant 6.6% decline, while 2024 saw the strongest May performance at 4.8%.
<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">Before you Sell in May, just remember this month has been higher 9 of the past 10 years. <a href="https://t.co/8jE4OEvWpG">pic.twitter.com/8jE4OEvWpG</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1917211015969677603?ref_src=twsrc%5Etfw">April 29, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/25/04/45124400/bitcoin-ethereum-muffled-dogecoin-dips-after-q1-gdp-contraction-analyst-foresees-btcs-rally-to-114000-if-it-breaks-this-ceiling">Bitcoin, Ethereum Muted, Dogecoin Dips After Q1 GDP Contraction: Analyst Foresees BTC&#8217;s Rally To $114,000 If It Breaks This Ceiling</a>
Why It Matters: LPL Financial&#8216;s chief equity strategist, Jeff Buchbinder, notes that even when April ends negatively, as expected this year, &#8220;the outlook isn&#8217;t quite as grim&#8221; <a href="https://www.benzinga.com/25/04/45115442/sell-in-may-and-go-away-looks-outdated-as-mayjuly-data-signal-bullish-sp-500-seasonality">based on historical patterns</a>.
The conventional &#8220;Sell in May&#8221; strategy held more weight between 1962 and 2012, when May-July periods averaged negative 0.3% returns. However, post-election years like 2025 have historically favored bulls, with 18 of 24 such periods delivering <a href="https://www.benzinga.com/25/04/45115442/sell-in-may-and-go-away-looks-outdated-as-mayjuly-data-signal-bullish-sp-500-seasonality">positive returns averaging 3.8%</a>.
Callum Thomas of Top Down Charts adds nuance, noting the seasonal weakness primarily manifests during bear markets, while bull markets still see positive returns during summer months, <a href="https://www.benzinga.com/general/social-media/25/04/45076599/sell-in-may-and-go-away-only-in-bear-markets-one-expert-says">though typically with increased volatility</a>.
Photo Courtesy: smshoot on Shutterstock.com
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/25/04/45124644/trump-blames-gdp-contraction-on-biden-overhang-nothing-to-do-with-the-tariffs">Trump Blames GDP Contraction On Biden &#8216;Overhang&#8217;: &#8216;Nothing To Do With The Tariffs&#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.

'Sell In May' Might Have Rung True Once Upon A Time On Wall Street, But The Popular Adage Rings Hollow Today

<ul>
<li>firefly started deliveries in late April 2025</li>
<li>23,900 vehicles were delivered in April 2025,&nbsp;increasing by 53.0% year-over-year</li>
<li>65,994 vehicles were delivered year-to-date in 2025, increasing by 44.5% year-over-year</li>
<li>Cumulative deliveries reached 737,558 as of April 30, 2025&nbsp;&nbsp;</li>
</ul>

NIO Reports 53% YoY Increase In April Vehicle Deliveries To 23,900 Vehicles

With U.S. stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects McDonald&#8217;s Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) to report quarterly earnings at $2.66 per share on revenue of $6.09 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. McDonald&#8217;s shares fell 0.4% to $318.50 in after-hours trading.</li>
<li>Analysts are expecting Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) to post quarterly earnings at $1.36 per share on revenue of $155.04 billion. The company will release earnings after the markets close. Amazon shares rose 3.5% to $190.90 in after-hours trading.</li>
<li>Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) reported better-than-expected third-quarter financial results. The company reported third-quarter revenue of $70.07 billion, up 13% year-over-year. The revenue total beat a Street consensus estimate of $68.43 billion according to data from Benzinga Pro. Microsoft said it sees fourth-quarter sales of $73.150 billion to $74.250 billion, versus market estimates of $72.28 billion. Microsoft shares jumped 6.9% to $422.66 in the after-hours trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) posted upbeat results for its first quarter, after the closing bell on Wednesday. The company reported first-quarter earnings of $6.43 per share, easily beating analyst estimates of $5.21 per share. Meta expects second-quarter revenue to be in the range of $42.5 billion to $45.5 billion versus Benzinga Pro estimates of $44.06 billion. Meta shares climbed 5.4% to $578.45 in the after-hours trading session.</li>
<li>Analysts expect Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) to post quarterly earnings at $1.63 per share on revenue of $94.53 billion after the closing bell. Apple shares fell 1.7% to $209.00 in the after-hours trading session.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/media/25/04/45098332/jim-cramer-this-tech-stock-is-not-great-not-bad-alaska-air-can-still-go-lower">Jim Cramer: This Tech Stock Is &#8216;Not Great, Not Bad&#8217;, Alaska Air Can Still Go Lower</a> </li>
</ul>
Photo via Shutterstock

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