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Northann Corp specialized in 3D-printed flooring solutions under its flagship brand, "Benchwick." The company's operations span the full spectrum of additive manufacturing, from sourcing recycled ocean plastics to the final production of intricate flooring designs. Northann offers an extensive range of proprietary solutions, including Infinite Glass, DSE, TruBevel, and MattMaster, primarily through its sales network in North America and Europe.

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A Texas homeowner threw a tame birthday party — no loud music, no street-clogging chaos, just a handful of guests arriving in their personal vehicles. But that <a href="https://www.benzinga.com/personal-finance/24/10/41310400/exorbitant-hoa-fees-are-driving-florida-retirees-to-relocate-heres-why-costs-are-spiraling-so-hi">didn't stop the homeowners association</a> from swooping in with a warning email. The problem? According to the homeowner, it was the presence of multiple black SUVs parked nearby that triggered a wave of neighborhood unease.
"The people in the SUV were regular people who were my friends," the homeowner <a href="https://www.reddit.com/r/fuckHOA/s/uBv5s34Vgp">explained in a Reddit post</a> that quickly gained traction. "This is just weird. Am I supposed to tell those people to rent a Prius the next time around?"
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That quote alone lit up the thread.
Screenshots of the HOA's message showed what many Redditors interpreted as performative concern. The letter stated, "Some residents even thought something more serious was happening. The whole situation was, quite honestly, alarming, and we had no idea how to react."
The email went on to request advance notice for "any unusual activity" and asked the homeowner to consider how their guests' vehicles might make others feel. "We would appreciate it if you could let us know in advance… It would certainly help ease the collective nerves of your neighbors, who were left feeling quite uncomfortable by the presence of those vehicles."
Reddit users were stunned.
"Unusual activity? It was a kid's birthday party, not a SWAT raid," one user wrote.
Trending: With Point, you can <a href="https://pointdigitalfinance.sjv.io/55Zq23">get up to $500,000 in cash from your property with no monthly payments and no income requirements — even if your credit isn't perfect.</a>
Another joked, "You really should've gone with beige minivans. Black SUVs are clearly the vehicle of choice for chaos."
Others speculated the reaction was less about cars and more about assumptions tied to who might drive them. "Translation: We didn't like the look of your guests," someone wrote bluntly.
Despite the online uproar, the homeowner clarified that everything about the gathering was low-key. About six cars were in the driveway, and two were parked on the street. "Everyone parked in a decent manner," they wrote. <a href="https://www.benzinga.com/markets/25/06/46043811/florida-homeowner-says-neighbor-reported-8-inch-grass-because-it-looks-bad-now-shes-facing-a-5-000-f">No laws were broken</a>, and nothing in the HOA's own rules appeared to prohibit guests from parking on the street or arriving in a particular type of car.
So can an HOA do this? Technically, many HOAs can enforce rules around street parking or guest vehicles — but typically only if it's outlined in the bylaws or declarations. What they can't usually do is cite vague "discomfort" as grounds for control, especially when no actual rules were violated.
See Also: This Jeff Bezos-backed startup will allow you to <a href="https://arrivedhomes.go2cloud.org/aff_c?offer_id=15&amp;aff_id=1006&amp;aff_sub=yahoo&amp;aff_sub2=byerscta100">become a landlord in just 10 minutes, with minimum investments as low as $100</a>.
Still, not all HOAs are the enemy. While they can <a href="https://www.benzinga.com/markets/25/06/45922942/a-neighbor-interrupted-a-home-showing-and-yelled-at-five-buyers-the-seller-says-theyre-livid-but-uns">sometimes appear petty or overreaching</a>, they do provide structure and benefits in many neighborhoods. HOAs often:
<ul class="wp-block-list">
<li>Maintain landscaping and shared amenities</li>
<li>Enforce noise rules and parking standards to reduce conflict</li>
<li>Coordinate security or safety measures</li>
<li>Help preserve home values by avoiding neighborhood decline</li>
</ul>
But when they start writing emotional essays about SUVs, it's easy to see why there's an entire subreddit dedicated to airing frustrations.
One commenter put it best: "I get wanting to keep the neighborhood nice, but if black cars give people anxiety, maybe the problem isn't the car."
The homeowner wasn't trying to make a statement — they were just hosting a party. And as they made clear, they don't plan on vetting their guests' vehicles in the future. Nor are they adding "drive a Prius" to the RSVP requirements.
Read Next: <a href="https://www.benzinga.com/go/arrived-private-credit-yf">Arrived Home's Private Credit Fund&#8217;s has historically paid an annualized dividend yield of 8.1%&#x2A;</a>, which provides access to a pool of short-term loans backed by residential real estate with just a $100 minimum.<a href="https://www.benzinga.com/go/arrived-private-credit-yf"> </a>

Real Estate

'What Am I Supposed To Do, Tell Them To Drive Priuses?' — HOA Complains Birthday Guests Made Neighbors Uncomfortable By Showing Up in Black SUVs

News

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Volvo Construction Equipment To Acquire Swecon And Entrack For SEK 7B, Gaining Full Control Of Retail Operations In Sweden, Germany And The Baltics

Most people who win the lottery quit their jobs, upgrade their lifestyle, and start living large. Not this guy.
A 50-year-old <a href="https://youtu.be/GO1TYP6Fd5Y?si=vwHZFLdbY9z3JOJw">caller to "The Ramsey Show"</a> stunned Dave Ramsey and co-host John Delony when he revealed he quietly won $22 million after taxes — and told almost no one. Not his parents. Not his coworkers. Not even his teenage kids.
Just his wife and one sibling know.
"We made a conscious decision to keep it under wraps," the man said, explaining that he didn't want to become a walking ATM for everyone he knows. But even more than that, he said, "We just don't want [our kids] to grow up to be waiters — waiting for us to die so they can get our money."
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</ul>
Ramsey and Delony didn't just understand — they applauded it.
This low-profile millionaire is still working, still living in the same paid-off house, and still driving the same pair of Toyotas he and his wife bought with cash before their win. His biggest splurge so far? Patio furniture.
To explain any sudden acts of generosity — like buying his mom a new roof — he and his wife use a clever cover: a distant relative's inheritance. "It's Uncle Bob's money," he tells them. And no one's questioned it.
What impressed Ramsey wasn't just the caller's frugality — it was his long-term thinking. By not <a href="https://www.benzinga.com/personal-finance/management/25/06/46038606/dave-ramsey-reveals-how-to-get-wealthy-without-spoiling-your-kids-you-start-with-gratitude">telling his kids too soon</a>, the man is giving them a chance to build their own lives without the shadow of unearned wealth hanging over them.
Ramsey shared that he did something similar with his own children. Even after recovering from bankruptcy and becoming a multimillionaire again, he didn't reveal the family's full financial picture until after they'd graduated college — and brought their spouses into the conversation too.
He encouraged the caller to keep laying the groundwork, <a href="https://www.benzinga.com/personal-finance/25/02/43539942/are-you-rich-heres-what-americans-think-you-need-to-be-considered-wealthy-2">not just for a financial legacy</a>, but a personal one. Teach values through small acts, he advised — like leaving a big tip for a struggling server — and let those moments speak louder than a bank statement.
"You're doing everything so right," Ramsey said. "It's healthy. It's wise."
For now, the plan is simple: stay quiet, stay generous, and keep living below the radar. When the time comes to reveal the truth, he hopes his kids will be ready — not just to receive, but to manage the weight that comes with wealth.
And until then? He'll enjoy the patio furniture.
At the end of the day, <a href="https://www.benzinga.com/personal-finance/management/25/06/45761604/mark-cuban-shares-what-to-do-if-you-win-the-lottery-never-take-the-lump-sum-dont-invest-it-and-say-no-to-everyone-asking-for-money">whether it's a lottery win</a>, an inheritance, a business windfall, or even just a really great bonus — your money is your business. Sharing that information is a deeply personal decision, and you don't owe anyone an explanation. Sometimes, revealing financial gains invites expectations, pressure, or even entitlement from others. But what you choose to do — or not do — with your wealth is entirely up to you. There's no rule that says you have to make it public, and sometimes, the wisest choice is the quiet one.
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<li><a href="https://www.benzinga.com/money/mark-cubans-advice-for-lotto-winners">Many are surprised by Mark Cuban's advice for lotto winners: Cash or annuity?</a></li>
</ul>

Financial Advisors

50-Year-Old Lottery Winner Tells Dave Ramsey He's Hiding $22 Million From His Teens — 'I Don't Want Them To Be Waiters…Waiting For Us To Die'

When a retiree received a letter from the <a href="https://www.benzinga.com/personal-finance/management/25/06/46017701/its-not-a-ponzi-scheme-its-a-social-contract-sen-chuck-grassley-defends-and-urges-reform-for-social-security">Social Security Administration</a> claiming she owed over $20,000 due to excess income in 2024, her family thought it had to be a scam. The letter stated she earned $275,367 during the year — an amount her family says is impossible. The woman hasn't worked in over a decade and lives with her son on a fixed income. Now, her family is left trying to understand what happened and what steps to take next.
<h2 class="wp-block-heading">A Shocking Overpayment Notice</h2>
The letter, sent by the SSA, claimed that the woman was overpaid by $20,491 due to income exceeding program limits. But according to her son, who shared <a href="https://www.reddit.com/r/SocialSecurity/comments/1lcchgp/my_mother_received_an_overpayment_letter_but_the/">the story</a> on Reddit's r/SocialSecurity forum, she hasn't been employed for years. In fact, she was a stay-at-home parent and has been retired since her children were in school.
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</ul>
The figure on the notice — more than a quarter of a million dollars in income — doesn't align with any known income sources in the household. "She would have absolutely noticed if she received an extra $20K last year," the post said. Her son suspects the income was either reported in error or potentially tied to identity theft.
<h2 class="wp-block-heading">Could Identity Theft Be the Cause?</h2>
Some commenters suggested a possible explanation: someone else may have been working under her Social Security number. With widespread data breaches in recent years, millions of SSNs have been exposed. If someone fraudulently used her number for employment, that income could have been mistakenly attributed to her SSA record.
In situations like this, a <a href="https://www.benzinga.com/news/25/06/46010563/millions-of-americans-just-took-a-100-point-hit-to-their-credit-score-and-it-could-get-worse-as-stud">credit check</a> is often recommended. It may reveal suspicious accounts or employment activity. If identity theft is suspected, both the IRS and credit bureaus should be notified.
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<h2 class="wp-block-heading">How to Respond to an SSA Overpayment Notice</h2>
Receiving an overpayment letter — especially one with such a large number — can be confusing and overwhelming. The SSA encourages recipients to review the notice carefully and respond using one of several options:
<ul class="wp-block-list">
<li>Request Reconsideration: If the individual believes there was no overpayment or that the amount is wrong, they can file <a href="https://www.ssa.gov/forms/ssa-561.pdf">Form SSA-561</a>.</li>
<li>Request a Waiver: If the overpayment wasn't their fault and they can't afford to repay, <a href="https://www.ssa.gov/forms/ssa-632-bk.pdf">Form SSA-632</a> can be submitted to request that the amount be waived.</li>
<li>Request a Payment Plan: If the person agrees they were overpaid but can't pay the full amount at once, <a href="https://www.ssa.gov/forms/ssa-634.pdf">Form SSA-634</a> allows them to propose a different repayment schedule.</li>
</ul>
The SSA will pause collection while these requests are being reviewed.
See Also: Maximize saving for your retirement and cut down on taxes: <a href="https://www.benzinga.com/money/wideradvisor-retirement-planning">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation</a>.&nbsp;
<h2 class="wp-block-heading">What to Do Next</h2>
The original poster said he encouraged his mother to visit a local SSA office. That's often the best first step, especially for complex or unclear cases. Due to limited staffing, getting an in-person appointment may take time, but it can help clarify what triggered the letter and how to resolve it.
In the meantime, reviewing her Social Security earnings record, running a credit report, and checking with the IRS for any unusual wage reports can help identify the root of the issue.
<h2 class="wp-block-heading">Final Thoughts</h2>
<a href="https://www.benzinga.com/personal-finance/management/25/06/45987399/35-year-old-woman-shocked-by-5000-social-security-overpayment-notice-says-she-never-received-benefits">Overpayment letters</a> from Social Security can be frightening — especially when the numbers don't add up. But there are established steps for appealing or resolving these claims. Whether the issue is a data error or possible identity theft, acting quickly can help protect benefits and avoid further stress.
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<li>Can you guess how many retire with a $5,000,000 nest egg? <a href="https://www.benzinga.com/money/5mil-nest-egg-adv">The percentage may shock you</a>.</li>
</ul>

Personal Finance

'I Assumed It Was A Scam Letter At First!' Social Security Claims Woman Was Overpaid By $20,491 After Making $275K Last Year

BlackBerry Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BB#NYSE">BB</a>) will release earnings results for the first quarter, after the <a href="https://www.benzinga.com/quote/BB/earnings">closing bell on Tuesday, June 24</a>.
Analysts expect the Waterloo, Canada-based company to report quarterly earnings at $0 per share, up from $2.73 per share in the year-ago period. BlackBerry projects to report quarterly revenue of $112.19 million, compared to $144 million a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Monday, QNX, a subsidiary of BlackBerry, and Vector Informatik signed a Memorandum of Understanding (MoU) to jointly create a new software platform designed to support the development of software-defined vehicles (SDVs).
BlackBerry shares gained 2.1% to close at $4.32 on Monday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/bb/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul class="wp-block-list">
<li>CIBC analyst Todd Coupland maintained an Outperformer rating and cut the price target from $7 to $6 on April 3, 2025. This analyst has an accuracy rate of 69%.</li>
<li>RBC Capital analyst Paul Treiber maintained a Sector Perform rating and lowered the price target from $4 to $3.75 on April 3, 2025. This analyst has an accuracy rate of 67%.</li>
<li>Canaccord Genuity analyst Michael Walkley maintained a Hold rating and cut the price target from $4.75 to $4.25 on April 3, 2025. This analyst has an accuracy rate of 75%.</li>
<li>TD Cowen analyst Daniel Chan upgraded the stock from Hold to Buy and raised the price target from $3.25 to $4 on Dec. 20, 2024. This analyst has an accuracy rate of 80%.</li>
</ul>
Considering buying BB stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/BB/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="547" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24025023/image-345-1024x547.png" alt="" class="wp-image-959147" style="width:597px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24025023/image-345-1024x547.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24025023/image-345-300x160.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24025023/image-345-768x410.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24025023/image-345.png 1162w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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BlackBerry Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Faraday Future Intelligent Electric Inc. - Class A Common Stock

FFAI

Reported Earlier, Faraday Future Launches FF AI 2.0 For FF 91 With OpenAI Integration, Multilingual Voice Control, Multi-Agent Architecture, And Real-Time AI Web Search

As retirement shifts from a distant idea to a looming reality, many couples start asking the same question: Are we where we should be?
Whether you feel ahead or behind, it's natural to wonder how your retirement savings stack up—especially compared to those who seem to be doing very well. So how much do wealthy couples actually have saved? And what <a href="https://www.benzinga.com/personal-finance/25/05/45585378/do-you-have-an-upper-class-nest-egg-heres-what-the-top-20-have-saved-for-retirement-hint-its-less-than-youd-think">counts as a "rich" nest egg</a>?
The answer isn't one-size-fits-all, but the numbers do tell a story. From average <a href="https://www.benzinga.com/personal-finance/25/02/43759794/are-you-a-top-1-earner-heres-what-you-need-to-rake-in-to-be-among-the-richest">households to the top 1%</a>, here's a closer look at what different levels of retirement savings really look like—and what it might take to reach them.
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<li>Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can <a href="https://www.benzinga.com/money/how-peter-thiel-turned-his-roth-ira-into-5-billion-and-why-accredited-investors-are-now-eyeing-this-smartphone-disruptor">invest with $1,000 at just $0.30/share.</a></li>
</ul>
<h2 class="wp-block-heading">The National Average: Where Most Couples Stand</h2>
Let's start with the baseline. According to the <a href="https://www.federalreserve.gov/econres/scf/dataviz/scf/table/#series:Retirement_Accounts;demographic:all;population:all;units:median">Federal Reserve's Survey of Consumer Finances</a>:
<ul class="wp-block-list">
<li>The mean retirement savings across U.S. households is roughly $333,940</li>
<li>The median, however, is just $87,000</li>
</ul>
That gap between average and median reflects how a small number of very wealthy households skew the numbers upward, while the majority of Americans fall far below. Among households aged 65 to 75, the median rises to about $200,000—still modest for a retirement that could last two to three decades.
<h2 class="wp-block-heading">What Wealthier Couples Actually Have Saved</h2>
Now <a href="https://www.benzinga.com/24/11/41889242/are-you-in-the-top-10-heres-what-it-really-takes-to-make-the-cut-and-rank-among-the-richest">let's look at the top 10%</a>—households earning significantly above average and often considered financially "comfortable" or "wealthy."
<ul class="wp-block-list">
<li>The median retirement account balance for this group is around $558,600</li>
<li>The average is over $1 million, reflecting more aggressive savings and investing habits</li>
</ul>
This is where true financial security begins to take shape—not just surviving in retirement, but maintaining a similar standard of living.
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<h2 class="wp-block-heading">What Financial Planners Recommend as a Target</h2>
Many experts recommend that by the time retirement is on the horizon, couples should aim to have saved 7 to 8 times their combined annual income. That means:
<ul class="wp-block-list">
<li>A couple earning $100,000 per year would need between $700,000 and $800,000</li>
<li>A couple earning $200,000 would target $1.4 to $1.6 million</li>
</ul>
These aren't magic numbers, but they're reasonable guidelines for couples who want the option to retire fully and live independently, without depending on Social Security alone.
<h2 class="wp-block-heading">The "Above-Average" Couple</h2>
Some couples take it further. They plan together, invest early, avoid lifestyle inflation, and diversify into real estate or side income streams. According to <a href="https://www.financialsamurai.com/the-average-net-worth-for-the-above-average-married-couple/">Financial Samurai</a>, couples with this mindset often:
<ul class="wp-block-list">
<li>Reach $1 million or more in net worth by their early 40s</li>
<li>Build enough passive income to retire by 50, even if they don't</li>
</ul>
This group may not show up in traditional retirement data because their wealth isn't all in retirement accounts—it's spread across income-producing assets, home equity, and taxable investments.
<h2 class="wp-block-heading">The Top 1%: A Different Ballpark</h2>
At the highest end, the top 1% of U.S. households typically hold $13 million or more in total net worth. Retirement savings may be just a small slice of that, with the rest tied up in:
<ul class="wp-block-list">
<li>Multiple properties</li>
<li>Private business equity</li>
<li>Trusts or tax-advantaged investments</li>
<li>Large brokerage portfolios </li>
</ul>
At this level, retirement isn't about budgeting withdrawals. It's about legacy planning, estate management, and protecting generational wealth.
<h2 class="wp-block-heading">So What's a Wealthy Nest Egg, Really?</h2>
If you're looking for benchmarks, here's the range:
<ul class="wp-block-list">
<li>Most U.S. couples retire with $87,000 to $200,000</li>
<li>Wealthier, high-income couples often have $550,000 to $1 million or more</li>
<li>Strategic savers and early planners frequently cross the $1 million mark well before retirement</li>
<li>The top 1% are in a league of their own, with $10 million+ in net worth</li>
</ul>
For couples <a href="https://www.benzinga.com/personal-finance/24/07/39606127/if-you-dont-have-at-least-10-million-dont-retire-early-suze-orman-warns-itll-be-the-biggest-mist">focused on retirement planning</a>, the most important number isn't necessarily how much someone else has—it's how much you need to live the way you want. A wealthy nest egg isn't just about hitting seven figures; it's about creating flexibility, reducing stress, and knowing you can make choices without sacrificing security.
If you're somewhere between <a href="https://www.benzinga.com/money/smartasset">"doing okay" and "want to do better,"</a> you're in the right place—and it's not too late to close the gap.
Read Next:
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When Donald Trump Jr. and Eric Trump announced Trump Mobile earlier this week, they joined the ever-growing list of celebrities with mobile phone networks.
Over the past few years, an increasing number of these smaller, public figure-fronted networks have been cropping up. SmartLess Mobile, owned by actors and podcast hosts Will Arnett, Sean Hayes, and Jason Bateman, is a recent example, while&nbsp; Mint Mobile, which was partly owned by actor Ryan Reynolds before it was sold to T-Mobile (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) in 2024, is a more well-known example. A host of others have launched and folded over the years.
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So what's with the sudden rise in celebrity mobile networks? Is cashing in on the telecom boom the next big thing?
When celebrities like the Trumps launch a mobile service they are not building their own networks, <a href="https://www.cnn.com/2025/06/18/tech/celebrity-mobile-network-trump-cell-phone-plan">CNN</a> explains. Instead, they're leasing spectrum from the major carriers. This kind of partnership helps to cut down on start up costs and hassle for celebrity founders and provides an additional source of revenue for the major network providers.&nbsp;
These mobile virtual network operators, or MVNOs, are not new. Nor are they all small start ups. Richard Branson's Virign Mobile, which launched in 1999, is technically a MVNO. However, the increase in their popularity is new, and is tied to a few different factors.
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A decrease in loyalty to major providers, improved technologies that enables even smaller companies to have better customer service and technical support, and the prevalence of SIM cards that make these switches easier, are the primary drivers behind the growth of MVNOs, CNN reports.
"The technology made it a little easier to switch. And at the same time, consumers became a lot more loyal to the phone manufacturer," Consumer Intelligence Research Partners analyst Michael Levin told CNN. "And then the carrier was kind of less important."
Another major perk of these celebrity mobile networks is their affordability. CNN says that MVNO plans aren't always cheaper than larger providers', but the smaller companies tend to offer more enticing promotions.&nbsp;
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"You get this very exciting offer, for example: three months at $15 a month. But thereafter then you go back to $45," Octavio Garcia, a senior research analyst at market research firm Forrester, told CNN. "But when you are done with three months, there is a new offer that brings you down to $30, not $45."
MVNO networks are also very common outside of the U.S. Walmart Mexico's Bait MVNO network had 19.8 million users at the end of Q1 2025, the company <a href="https://files.walmex.mx/upload/files/2025/EN/Quarterly/1Q25/Walmex_Webcast_1Q25.pdf">said</a>. In Italy, a MVNO network branded by the AC Milan soccer team is an oft-used service.
Success stories like these are likely inspiring American copycats. "To see that it's easier to set up MVNO as a smaller company, I think it's a sign of a telecom industry that's moving in a certain direction," Canalys analyst Runar Bjørhovde told CNN.
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Equinix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EQIX#NASDAQ">EQIX</a>) is the largest global data center and colocation provider for enterprise network and cloud computing.
It will report its Q2 2025 earnings on Aug. 6. Wall Street analysts expect the company to post EPS of $9.21, down from $9.22 in the prior-year period. According to data from Benzinga Pro, quarterly revenue is expected to be $2.26 billion, up from $2.16 billion a year earlier.
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The 52-week range of Equinix stock price was $701.41 to $994.03.
Equinix's dividend yield is 2.12%. It paid $18.76 per share in dividends during the last 12 months.
<h2 class="wp-block-heading">The Latest On Equinix</h2>
The company on April 30 announced its Q1 2025 earnings, posting FFO of $9.67, compared to the consensus estimate of $9.09, and revenues of $2.23 billion, compared to the consensus of $2.22 billion, as reported by <a href="https://www.benzinga.com/news/earnings/25/04/45116616/equinix-q1-ffo-9-67-beats-9-09-estimate-sales-2-23b-beat-2-22b-estimate">Benzinga</a>.
&#8220;We delivered a strong start to the year, exceeding our expectations for both bookings and financial performance,&#8221; said CEO Adaire Fox-Martin. &#8220;Demand for our digital infrastructure and services remains robust. This, together with a healthy balance sheet and customer momentum across a full breadth of geographies, industries, segments, and products, reaffirms our confidence in our strategy and ability to create even greater value."
Check out this <a href="https://www.benzinga.com/insights/analyst-ratings/25/06/45844576/forecasting-the-future-11-analyst-projections-for-equinix">article by Benzinga</a> for 11 analysts' insights on Equinix stock.
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<h2 class="wp-block-heading">How Can You Earn $100 Per Month As An Equinix Investor?</h2>
If you want to make $100 per month — $1,200 annually — from Equinix dividends, your investment value needs to be approximately $56,604, which is around 64 shares at $882.88 each.&nbsp;
Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (2.12% in this case). So, $1,200 / 0.0212 = $56,604 to generate an income of $100 per month.
You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.
The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.
See Also: Maximize saving for your retirement and cut down on taxes: <a href="https://smartasset.com/retirement/find-a-financial-planner?utm_source=benzinga&amp;utm_campaign=ben&amp;utm_content=y2_5MilNestEgg">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation</a>.&nbsp;
For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).
In summary, income-focused investors may find Equinix stock an attractive option for making a steady income of $100 per month by owning 64 shares of stock. There may be more upside to come as investors benefit from the company's consistent dividend hikes. Equinix has raised its dividend consecutively for the last 10 years.&nbsp;
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Many people aspire to become millionaires. Having a seven-figure net worth makes it easier to cover various expenses and live on a nest egg.&nbsp;
However, real estate investor and billionaire Grant Cardone recently criticized this aspiration and believes people should <a href="https://www.tiktok.com/@grantcardone/video/7517632713671724302?lang=en">set bigger goals</a>.
"It's a lazy dream," Cardone said in a recent TikTok.
After making the statement, he explained the pitfall of striving to be a millionaire and what you should do instead.&nbsp;
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<h2 class="wp-block-heading">$1 Million Is Not Enough</h2>
It takes a lot of work to become a millionaire. You have to diligently save money and boost your income for several years before you reach the milestone. Some people think they can retire with $1 million portfolios once they get to retirement age, but that's a risky proposition.
Cardone believes that $1 million isn't enough. He also believes you should be earning $400,000 per year to support your family. He's not shy to share hot takes, but he's on point about $1 million not being enough.
What happens if you incur an expensive medical bill? Those bills are a big reason why people file for bankruptcy. You also risk having to sell your assets during a sharp correction to buy necessities, further reducing your nest egg.&nbsp;
If you retire with $1 million and realize you have to rejoin the workforce in a few years, it may be more difficult to earn the type of money you were making before retirement. It may also take a while to get a job or a meaningful side hustle if you're trying to rejoin the workforce.
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<h2 class="wp-block-heading">7-Figure Poverty Mindset</h2>
Yes, you can have a poverty mindset even if you have a seven-figure portfolio. Cardone mentioned that he read the book "The Millionaire Next Door." The smash hit has more than 15,000 Amazon reviews and continues to perform well to this day, but Cardone was concerned about some of the trends in that book.
For instance, he mentioned that people profiled in the book brewed their own coffee and bought used trucks to save money. He said that these were examples of millionaires acting on a scarcity mindset and trying to get more mileage out of every dollar they had.
Some millionaires do everything to preserve their wealth and scrutinize every line item in their budgets and credit card statements. It's better to know your expenses than it is to not know what's happening, but people with seven-figure poverty mindsets may take it too far.
Cardone then explained that the most successful people on the planet buy whatever they want. These individuals do not operate on a scarcity mindset because their goals expand far beyond just wanting to become a millionaire.
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<h2 class="wp-block-heading">Put Your Attention Back On Income</h2>
Cardone wraps up the video by urging people to put their attention back on their income. He cited expansion and risk-taking as the key items that lead to affluence.&nbsp;
If you grow your income, you will become a millionaire faster. More importantly, you will look for new ways to grow. Life and its possibilities expand as you boost your income instead of focusing exclusively on minimizing your expenses.
Cardone also criticized a strong focus on budgeting. It's great to know your expenses, but he refers to budgeting as adding and subtracting. He then mentions that true wealth is created with division and multiplication. For instance, portfolios compound through multiplication, while you can get rid of a small $10 monthly subscription via subtraction.
Prioritizing income growth over cost reduction makes it possible to achieve goals that are far more ambitious than just becoming a millionaire.&nbsp;
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Grant Cardone Critiques Millionaire Aspiration: 'It's a Lazy Dream' — Here's Why

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Regency Centers Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REG#NASDAQ">REG</a>) is a real estate investment trust that owns, operates, and develops high-quality, grocery-anchored shopping centers.
It is set to report its Q2 2025 earnings on July 31. Wall Street analysts expect the company to post EPS of $1.12, up from $1.06 in the prior-year period. According to Benzinga Pro, quarterly revenue is expected to reach $366.35 million, up from $357.25 million a year earlier.
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<h2 class="wp-block-heading">If You Bought Regency Centers Stock 10 Years Ago</h2>
The company's stock traded at approximately $61.23 per share 10 years ago. If you had invested $10,000, you could have bought roughly 163 shares. Currently, shares trade at $71.65, meaning your investment's value could have grown to $11,702 from stock price appreciation alone. However, Regency Centers also paid dividends during these 10 years.&nbsp;
Regency Centers' dividend yield is currently 3.96%. Over the last 10 years, it has paid about $26.33 in dividends per share, which means you could have made $4,300 from dividends alone.&nbsp;
Summing up $11,702 and $4,300, we end up with the final value of your investment, which is $16,002. This is how much you could have made if you had invested $10,000 in Regency Centers stock 10 years ago. This means a total return of 60.02%. However, this figure is significantly less than the S&amp;P 500 total return for the same period, which was 237.20%.
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<h2 class="wp-block-heading">What Could The Next 10 Years Bring?&nbsp;</h2>
Regency Centers has a consensus rating of "Buy" and a price target of $74.62 based on the ratings of 22 analysts. The price target implies a more than 4% potential upside from the current stock price.
The company on April 29 announced its Q1 2025 earnings, posting FFO of $1.15, compared to the consensus estimate of $1.13, and revenues of $380.91 million, compared to the consensus of $371.93 million, as reported by <a href="https://www.benzinga.com/news/earnings/25/04/45083598/regency-centers-q1-ffo-1-15-beats-1-13-estimate-sales-380-91m-beat-371-93m-estimate">Benzinga</a>.
"We are pleased with another great quarter of operating results, highlighted by strong Same Property NOI and earnings growth," said CEO Lisa Palmer. "We continue to experience robust operating fundamentals at our shopping centers, amplified by the commencement of our leasing pipeline and accretion from our investments platform. And importantly, we are well-positioned to drive continued growth and to thrive throughout economic cycles."
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For its full-year 2025, the company expects Nareit Funds From Operations per diluted share in the range of $4.52 to $4.58.
Given just 4% expected upside potential, growth-focused investors may not find Regency Centers stock attractive. Conversely, the stock can be a good option for income-focused investors, who can benefit from the company's solid dividend yield of 3.96% and consistent hikes. Regency Centers has raised its dividend consecutively for the last 11 years.
Check out this <a href="https://www.benzinga.com/markets/25/06/46023272/why-caretrust-merck-and-allete-are-winners-for-passive-income">article by Benzinga</a> for three more stocks offering high dividend yields.
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With U.S. stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
<ul class="wp-block-list">
<li>Wall Street expects TD SYNNEX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>) to report quarterly earnings at $2.72 per share on revenue of $14.32 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. TD SYNNEX shares gained 0.9% to $128.70 in after-hours trading.</li>
<li>Analysts are expecting Carnival Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) to post earnings at 24 cents per share on revenue of $6.21 billion for the latest quarter. The company will release earnings before the markets open. Carnival shares rose 1.5% to $24.40 in the after-hours trading session.</li>
<li>KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) posted better-than-expected earnings for the second quarter after the closing bell on Monday. KB Home expects full-year 2025 housing revenue to be in the range of $6.3 billion to $6.5 billion, down from prior guidance of $6.6 billion to $7 billion. The company anticipates 2025 average selling prices of $480,000 to $490,000. KB Home shares fell 1.3% to $52.61 in the after-hours trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul class="wp-block-list">
<li>Before the markets open, Worthington Enterprises Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) is projected to post quarterly earnings at 84 cents per share on revenue of $301.44 million. Worthington shares gained 3.6% to $61.30 in the after-hours trading session.</li>
<li>Analysts expect FedEx Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) to post quarterly earnings at $5.87 per share on revenue of $21.84 billion after the closing bell. FedEx shares rose 0.3% to $229.88 in the after-hours trading session.</li>
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Rhode Island lawmakers want to balance next year's budget with a pair of real-estate levies that critics have nicknamed the "Taylor Swift tax," citing the pop star's $17 million Watch Hill mansion as an example of who would pay.
What Happened: According to a <a href="https://turnto10.com/news/local/rhode-island-realtors-sound-the-alarm-on-proposed-taylor-swift-tax-conveyance-tax-budget-housing-market-selling-home-not-occupied-homeowners-june-16-2025">report</a> by NBC 10 News, the House plan would slap a new surcharge on second or seasonal homes valued above $1 million and raise the statewide conveyance tax that sellers pay at closing by 63%.
Owners of non-primary residences left vacant for more than six months a year would owe an extra $2.50 per $500 of assessed value over the first $1 million. A $2.5 million beach house, for instance, would incur roughly $7,500 annually. Swift's 11,000-square-foot estate could face about $136,000 a year. Supporters say the fee could generate tens of millions for affordable-housing programs and dissuade owners from letting luxury properties stand empty.
The Rhode Island Association of Realtors calls both measures detrimental to a market already squeezed by record prices and 30-year mortgage rates near 7%. &#8220;Please, don&#8217;t take from our housing market at the moment to balance the budget for other items, it&#8217;s going to be detrimental,&#8221; association president Chris Whitten told NBC 10.
See also: <a href="https://www.benzinga.com/news/topics/25/06/46055134/a-new-queen-of-green-hard-charging-tech-mogul-replaces-taylor-swift-as-the-worlds-youngest-self-made-woman-billionaire">A New Queen Of Green — Hard-Charging Tech Mogul Replaces Taylor Swift As The World&#8217;s Youngest Self-Made Woman Billionaire</a>
Why It Matters: Taylor Swift paid $17.75 million a decade ago for her 11,000-square-foot Watch Hill mansion, now slated for a <a href="https://www.benzinga.com/real-estate/25/01/43219095/taylor-swift-plans-to-expand-rhode-island-mansion-to-make-it-her-permanent-residence-with-travis-kelce-heres-a-look-at-her-portfolio">400-square-foot expansion</a>, but the Rhode Island estate is only one piece of a <a href="https://www.benzinga.com/real-estate/24/04/38335961/how-real-estate-helped-taylor-swift-become-a-billionaire">sprawling portfolio</a>. The billionaire singer also owns two Nashville properties, four neighboring homes in Manhattan's Tribeca district, and a 10,000-square-foot Beverly Hills residence once owned by film mogul Samuel Goldwyn.
Music, not side businesses, built Swift's $1.6 billion fortune. Her 149-show <a href="https://www.benzinga.com/general/entertainment/24/12/42393880/taylor-swifts-record-breaking-eras-tour-wraps-a-look-at-the-numbers">Eras Tour</a> grossed roughly $2 billion, paid her up to $13 million per night, and spawned a $261 million concert film plus lucrative merchandising lines that drew fans even without tickets.
Swift's financial sharpness runs in the family. Her father, Scott Swift, a former Merrill Lynch adviser, moved his wealth-management practice to Tennessee to support her early career.
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'Taylor Swift Tax' Targets Rhode Island Real Estate Owners With More Closing Taxes And Penalties If They Leave Seasonal Homes Vacant

Samsung Electronics Co. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>) is gearing up for its next big product reveal, officially confirming its summer Unpacked event for July 9 in Brooklyn, with a teaser that hints at a major foldable launch.
What Happened: The invitation released on Monday, featuring the phrase "Ultra Unfolds," strongly suggests the debut of a high-end foldable device—likely the rumored Galaxy Z Fold 6 Ultra.
The wording and accompanying visual hints point to a thinner, sleeker design, aligning with the latest industry trends toward more pocket-friendly foldables, <a href="https://www.theverge.com/news/691662/samsung-unpacked-july-ultra-foldable">according</a> to The Verge.
The event kicks off at 10 a.m. ET and will be livestreamed on Samsung's official YouTube channel for global audiences.
See Also:&nbsp;<a href="https://in.benzinga.com/tech/25/02/43772135/ex-openai-chief-scientist-ilya-sutskevers-ai-startup-valued-at-30-billion-in-latest-funding-round-report" target="_blank" rel="noreferrer noopener">Ex-OpenAI Chief Scientist Ilya Sutskever's AI Startup Valued At $30 Billion In Latest Funding Round: Report</a>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
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<iframe loading="lazy" title="Invitation for Galaxy Unpacked July 2025 &#x7C; Samsung" width="500" height="281" src="https://www.youtube.com/embed/5X7lUY5-ASE?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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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&#8217;s Important: As part of its promotional push, Samsung is offering a $50 credit on Samsung.com to customers who reserve a device ahead of the event.
While the exact devices remain unconfirmed, the preorder bonus likely applies to the upcoming foldables, including the anticipated Galaxy Z Fold 6 and possibly a new Flip model.
<a href="https://www.benzinga.com/25/05/45366293/samsung-unveils-ultra-thin-galaxy-s25-edge-in-surprise-launch-amid-slowing-demand-and-tariff-uncertainty-apple-reportedly-plans-to-catch-up-in-september">Samsung launched the ultra-slim</a> Galaxy S25 Edge in March, just four months after the rest of the S25 series. The 5.8 mm-thin, 163-gram smartphone features a 6.7-inch display, a 200MP main camera, a 12MP ultra-wide lens with autofocus and advanced AI capabilities.
At the time, analysts suggested that the early release may be a strategic move to outpace Apple Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) rumored iPhone 17 Air, expected in September.
Apple led <a href="https://www.benzinga.com/news/global/25/04/44796659/apple-tops-global-smartphone-sales-with-19-share-boosted-by-iphone-16e-emerging-market-growth">global smartphone sales in the first quarter</a> with a 19% market share, driven by the iPhone 16e launch and growth in emerging markets, according to Counterpoint Research.
Samsung followed closely with 18%, boosted by its S25 and new A-series models. Xiaomi Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACF#OTC">XIACF</a>) ranked third, with Vivo and OPPO taking fourth and fifth places, respectively.
Benzinga's Edge Stock Rankings show a consistent decline in Apple's performance across short, medium and long-term timeframes. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">More detailed performance insights are available here</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24014748/Screenshot-2025-06-24-at-6.57.46%E2%80%AFAM-1.png" alt="" class="wp-image-959058" /></a></figure>
Photo Courtesy: Sybillla on Shutterstock.com
Check out more of Benzinga&#8217;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:
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<li><a href="https://www.benzinga.com/tech/25/01/43221770/apples-ipad-turns-15-today-heres-a-throwback-to-when-steve-jobs-explained-called-it-the-third-category-after-phones-and-notebooks" target="_blank" rel="noreferrer noopener">Apple&#8217;s iPad Turns 15 Today: Here&#8217;s A Throwback To When Steve Jobs Explained Called It The ‘Third Category&#8217; After Phones And Notebooks</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.

AAPL

SSNLF

XIACF

Samsung Confirms July 9 Unpacked Event With 'Ultra Unfolds' Teaser — Galaxy Z Fold 6 Ultra Launch Imminent?

The National Highway Traffic Safety Administration, or NHTSA, said it was looking into possible violations of traffic laws involving Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Robotaxis in Austin during <a href="https://www.benzinga.com/markets/tech/25/06/46045542/tesla-launches-robotaxi-in-austin-elon-musk-calls-it-a-culmination-of-a-decade-of-hard-work">Sunday's limited launch event</a>.
What Happened: The regulator said it was gathering additional information about the incidents from Tesla and is aware of the possible traffic law violations, Bloomberg reported on Monday.
Videos on social media have surfaced showing a Robotaxi violating some traffic rules. A video posted by influencer Sawyer Merritt on X showed the Robotaxi driving at 35 miles per hour, exceeding the 30-mile-per-hour speed limit indicated by a sign on the road.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Here is my experience in one of the first public nighttime <a href="https://twitter.com/Tesla?ref_src=twsrc%5Etfw">@Tesla</a> Robotaxi rides. It was smooth, comfortable and just as good as it is during the daytime. <a href="https://t.co/7bDvVaWf3A">pic.twitter.com/7bDvVaWf3A</a>
&mdash; Sawyer Merritt (@SawyerMerritt) <a href="https://twitter.com/SawyerMerritt/status/1936997202880081950?ref_src=twsrc%5Etfw">June 23, 2025</a></blockquote>
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Another video showcases a Robotaxi driving into the wrong lane before it initiates corrective action to get back into the correct lane and continue driving on.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a>&#39;s self-driving robotaxis appeared to violate traffic laws during the company's first day offering paid rides on Sunday. One customer captured footage of a left turn gone wrong. More via <a href="https://twitter.com/business?ref_src=twsrc%5Etfw">@business</a>: <a href="https://t.co/V4phAzaRvx">https://t.co/V4phAzaRvx</a> <a href="https://t.co/WRmHyEtC2o">pic.twitter.com/WRmHyEtC2o</a>
&mdash; Yahoo Finance (@YahooFinance) <a href="https://twitter.com/YahooFinance/status/1937329832674890211?ref_src=twsrc%5Etfw">June 24, 2025</a></blockquote>
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Tesla did not immediately respond to <a href="http://pro.benzinga.com">Benzinga's</a> request for comment
Why It Matters: The news comes in as Tesla was <a href="https://www.benzinga.com/markets/tech/25/06/46041090/tesla-faces-safety-questions-from-regulators-ahead-of-robotaxi-launch-in-austin">already under the scrutiny</a> of the regulatory agency, which was reviewing the company's responses to questions about the FSD or Full Self-Driving technology's performance in poor weather conditions.
However, Tesla sought to keep the <a href="https://www.benzinga.com/markets/tech/25/06/46066530/tesla-wants-to-keep-its-texas-self-driving-data-private-amid-austin-robotaxi-launch-report">responses to the inquiry private</a>, citing fears that the responses contained confidential information, which the automaker's competitors could use to improve their own proprietary self-driving tech or advance driver assistance systems.
Elsewhere, despite the concerns raised, the company reiterated the FSD system's capabilities sharing that the technology <a href="https://www.benzinga.com/markets/tech/25/06/46048103/teslas-robotaxi-rollout-sparks-expansion-buzz-elon-musks-company-says-fsd-can-be-deployed-anywhere-after-austin-launch">can be deployed anywhere</a> it's been approved after the launch event in Austin.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="200" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24011723/TSLA-JUN-24-2025-1-1024x200.jpg" alt="" class="wp-image-959033" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24011723/TSLA-JUN-24-2025-1-1024x200.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24011723/TSLA-JUN-24-2025-1-300x58.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24011723/TSLA-JUN-24-2025-1-768x150.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24011723/TSLA-JUN-24-2025-1-1536x300.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24011723/TSLA-JUN-24-2025-1.jpg 1559w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Tesla 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"> Benzinga Edge Stock Rankings</a> today!
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:
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<li><a href="https://www.benzinga.com/markets/tech/25/06/46019450/elon-musk-says-tesla-works-closely-with-xai-you-can-either-be-a-spectator">Elon Musk Says Tesla Works Closely With xAI: ‘You Can Either Be A Spectator…'</a></li>
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Photo courtesy: Shutterstock

TSLA

Tesla Robotaxi Faces NHTSA Scrutiny Over Traffic Violations During Austin Launch

President Donald Trump posted on Truth Social on Tuesday, writing, &#8220;The ceasefire is now in effect. Please do not violate it!&#8221; The complete capitalized message at 1:08 AM EST followed his Monday announcement of a &#8220;complete and total ceasefire&#8221; between Israel and Iran.
What Happened: U.S. <a href="https://www.benzinga.com/news/25/06/46066239/dow-futures-jump-over-200-points-as-trump-announces-ceasefire-but-iran-says-no-agreement-crude-plunges">futures rallied sharply</a> after Monday&#8217;s initial ceasefire declaration. Dow futures jumped over 200 points to 43,136, up 0.55%, while S&amp;P 500 futures gained 0.58% to 6,112.50 and Nasdaq futures climbed 0.88% to 22,256.
Trump&#8217;s latest post reinforces his Monday <a href="https://www.benzinga.com/news/politics/25/06/46065102/trump-says-there-is-a-ceasefire-between-isreal-and-iran">statement outlining a phased ceasefire timeline</a>. He said Iran would initiate a 12-hour ceasefire six hours after his announcement, followed by Israel 12 hours later, effectively ending what he termed &#8220;The 12-day war.&#8221;
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="741" height="201" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24020833/image-344.png" alt="" class="wp-image-959072" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24020833/image-344.png 741w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24020833/image-344-300x81.png 300w" sizes="(max-width: 741px) 100vw, 741px" /></figure>
Iran&#8217;s Foreign Minister Syed Abbas Araghchi <a href="https://www.benzinga.com/news/25/06/46066239/dow-futures-jump-over-200-points-as-trump-announces-ceasefire-but-iran-says-no-agreement-crude-plunges">disputed ceasefire claims on X</a>, stating &#8220;there is NO &#8216;agreement&#8217; on any ceasefire.&#8221; However, Araghchi indicated Iran would halt operations if Israel stops its &#8220;illegal aggression&#8221; by 4 AM Tehran time.
See Also: <a href="https://www.benzinga.com/crypto/25/06/46066069/bitcoin-tops-106000-ethereum-dogecoin-surge-as-trump-announces-iran-israel-ceasefire-analyst-sees-23-6-btc-spike-if-this-happens">Bitcoin Tops $106,000; Ethereum, Dogecoin Surge As Trump Announces Iran-Israel Ceasefire — Analyst Sees 23.6% BTC Spike If This Happens</a>
Why It Matters: The declarations follow escalating tensions after U.S. B-2 bombers struck <a href="https://www.benzinga.com/markets/equities/25/06/46045651/northrop-grumman-jumps-5-overnight-as-b-2-bombers-return-to-missouri-after-36-hour-iran-strike-trump-says-job-well-done">three Iranian nuclear facilities Saturday</a> in a 36-hour mission. Seven bombers from Northrop Grumman Corp. targeted Fordow, Natanz and Isfahan sites. 
Oil markets reacted dramatically to ceasefire prospects. Brent crude fell 12.83% from last week&#8217;s $78.74 peak to $68.63 per barrel. Energy ETFs declined significantly, with United States Oil Fund LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>) dropping 11.0% and SPDR S&amp;P Oil &amp; Gas Exploration &amp; Production ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOP#NYSE">XOP</a>) falling 5.69%.
China&#8217;s United Nations envoy Fu Cong condemned the strikes at an emergency Security Council meeting, warning of &#8220;spiraling escalation&#8221; in the Middle East. China, Russia and Pakistan proposed a draft resolution <a href="https://www.benzinga.com/news/events/25/06/46046039/china-slams-us-at-un-over-iran-nuclear-strikes-warns-of-spiraling-escalation-in-middle-east-demands-immediate-ceasefire">demanding immediate ceasefire</a>. 
On Sunday, the State Department <a href="https://www.benzinga.com/news/travel/25/06/46045416/us-issues-worldwide-caution-after-strikes-on-irans-nuclear-sites-state-department-warns-of-airspace-closures-travel-chaos-and-rising-threats-to-americans-abroad">issued worldwide travel advisories for U.S. citizens</a>, with Ben Gurion Airport closed and assisted departure flights operating from Israel.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46066361/us-iran-nuclear-deal-in-2025-crypto-bettors-on-polymarket-see-strong-chance-after-trumps-ceasefire-announcement">US-Iran Nuclear Deal In 2025? Crypto Bettors On Polymarket See Strong Chance After Trump&#8217;s Ceasefire Announcement</a></li>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

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