El interés en corto de Nippon Steel da a los inversores una idea del grado en que los inversores apuestan por la caída de las acciones de Nippon Steel. Los datos de interés en corto se actualizan cada dos semanas.

Nippon Steel (OTC:NPSCY) Bolsa, Informe de interés en corto

Nippon Steel Corporation, or NS, is the largest steel producer in Japan and one of the top five producers globally. NS supplies steel products such as steel sheets, steel plates, pipes, tubes, bars, wire rods, and stainless steels. It is mainly exposed to the auto, construction, and energy sectors. Steelmaking accounts for around 85%-90% of its revenue, while the remainder stems from engineering and construction, chemicals, new materials, and system solutions. Around 35%-40% of its revenue is from exports.

News

Commodities

Movers

Media

Trading Ideas

NPSCY

Joe Biden bloquea la adquisición de U.S. Steel por Nippon Steel, citando preocupaciones de seguridad nacional y defensa de la industria local.

Biden bloquea la compra de U.S. Steel por Nippon Steel: Seguridad nacional en juego

NIPPON STEEL CORP S/ADR by Nippon Steel Corporation

Nippon Steel Corp

Ali Martinez, a prominent market analyst, recently tweeted about a potential price rebound for&nbsp;GameStop Corp.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>), citing&nbsp;a buy signal on the&nbsp;TD Sequential indicator.
What Happened: On Thursday, Martinez shared his observations on GameStop&#8217;s stock performance on X. He pointed out that the TD Sequential indicator, a tool used to predict trend reversals in stock prices, was showing a buy signal for the video game retailer. The stock also climbed 1.37% during the overnight trading session on Robinhood.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">GameStop <a href="https://twitter.com/search?q=%24GME&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$GME</a> could be setting up for a price rebound as the TD Sequential indicator presents a buy signal on the weekly chart! <a href="https://t.co/rqeArv22XZ">pic.twitter.com/rqeArv22XZ</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1900373567096971552?ref_src=twsrc%5Etfw">March 14, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Since 2020, GameStop has been highly volatile as a meme stock, primarily fueled by retail investor enthusiasm on platforms like Reddit. Retail investors on Reddit's r/WallStreetBets sparked the 2021 GameStop "meme stock" frenzy through a short squeeze, significantly affecting hedge funds that had wagered against it. Although its fundamentals are weak, Martinez&#8217;s analysis indicates that traders may expect a price rebound after a period of decline.
See Also: <a href="https://www.benzinga.com/news/global/25/03/44316550/vodafone-shares-rise-after-securing-network-expansion-deal-with-nokia-whats-going-on">Vodafone Shares Rise After Securing Network Expansion Deal With Nokia: What&#8217;s Going On?</a>
Why It Matters: GameStop&#8217;s stock has been under pressure recently due to broader market concerns.&nbsp;The company&#8217;s shares <a href="https://www.benzinga.com/trading-ideas/movers/25/03/44234631/whats-going-on-with-gamestop-stock-monday-2">moved lower on Monday</a> amid recession worries and uncertainty regarding tariffs and trade policy. 
Earlier this month, President Donald Trump imposed significant tariffs on imports from Canada, Mexico, and China, causing market instability. Despite these challenges, Martinez&#8217;s post suggests that GameStop may&nbsp;be setting up for a&nbsp;price rebound, offering a glimmer of hope for investors ahead of its fourth quarter results on March 25.
February reports about the addition of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and other cryptocurrencies to GameStop&#8217;s balance sheet helped the stock surge. CEO Ryan Cohen&#8216;s meeting with Strategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) co-founder Michael Saylor also added to the speculation. Notably, Martinez in a previous post urged investors to <a href="https://www.benzinga.com/25/03/44320586/bitcoin-sees-potential-bullish-breakout-toward-91000">monitor the $74,000 </a>level of Bitcoin closely and indicated a &#8216;potential trend shift&#8217;.
Price Action: GameStop stock closed on Thursday at $21.95, marking a decline of 19% over the past 30 days, according to&nbsp;<a href="https://www.benzinga.com/pro/" target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.
According to Benzinga Edge Ranking, GameStop outperforms SuperMicro Computer (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) in momentum and growth but lags in value metrics.
GameStop <a href="https://www.benzinga.com/quote/GME">Edge Ranking</a>
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="642" height="102" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14021115/image-113.png" alt="" class="wp-image-824302" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14021115/image-113.png 642w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14021115/image-113-300x48.png 300w" sizes="(max-width: 642px) 100vw, 642px" /></figure>
SuperMicro Computers <a href="https://www.benzinga.com/quote/SMCI">Edge Ranking</a>: 
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="646" height="104" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14021224/image-114.png" alt="" class="wp-image-824303" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14021224/image-114.png 646w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14021224/image-114-300x48.png 300w" sizes="(max-width: 646px) 100vw, 646px" /></figure>
Read More:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/03/44294672/palantirs-4-million-arpc-estimate-flawed-says-pharma-bro-martin-shkreli-but-i-wouldnt-bet-against-them">Palantir&#8217;s $4 Million ARPC Estimate &#8216;Flawed,&#8217; Says &#8216;Pharma Bro&#8217; Martin Shkreli, But &#8216;I Wouldn&#8217;t Bet Against Them&#8217;</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Markets

$BTC

MSTR

SMCI

GameStop Stock Poised For A Rebound? This Analyst Predicts Potential Price Uptick

iQIYI Breaks Ground On First Theme Park In Yangzhou, Blending IP And Tech For Immersive Visitor Experience

ITGR

Reported Earlier, Integer Holdings Prices Upsized $875M Convertible Senior Notes Due 2030 At 1.875%

Denison Mines (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/DNN#AMEX">DNN</a>) reported quarterly losses of C$(0.03) per share which missed the analyst consensus estimate of C$(0.02) by 50 percent. This is a 175 percent decrease over earnings of C$0.04 per share from the same period last year. The company reported C$1.17 million in sales this quarter. This is a 7.14 percent increase over sales of C$1.09 million the same period last year.

Earnings

Earnings Misses

Denison Mines Q4 2024 GAAP EPS C$(0.03) Misses C$(0.02) Estimate, Sales C$1.17M Up From C$1.09M YoY

VAALCO Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGY#NYSE">EGY</a>) reported quarterly earnings of $0.07 per share which beat the analyst consensus estimate of $0.04 by 75 percent. This is a 81.08 percent decrease over earnings of $0.37 per share from the same period last year. The company reported quarterly sales of $121.70 million which beat the analyst consensus estimate of $107.80 million by 12.89 percent. This is a 18.41 percent decrease over sales of $149.15 million the same period last year.

Earnings Beats

VAALCO Energy Q4 2024 Adj EPS $0.07 Beats $0.04 Estimate, Sales $121.70M Beat $107.80M Estimate

Reported Earlier, GUESS?, WHP Global Announce Five-Year Deal With Signal Brands To Grow rag & bone Accessories Business

The four compendia comprise Merative Micromedex&#xAE; RED BOOK&#xAE;, First Databank FDB MedKnowledge&#xAE; Drug Pricing, Elsevier Gold Standard Drug Database, and Wolters Kluwer Medi-Span&#xAE; Price Rx&#xAE;.

MESO

Reported Earlier, Mesoblast's Ryoncil Gains Comprehensive Drug Pricing Compendia Access In The U.S.

<ul>
<li>Long-lasting in&nbsp;vivo antibody production: DMAb levels remained stable for 72 weeks in all participants (n=24) who have reached that timepoint</li>
<li>No anti-drug antibodies (ADA): no immune rejection of the&nbsp;DMAbs was detected across ~1,000 blood samples, unlike other gene-based antibody delivery approaches where ADA formation has been a challenge</li>
<li>Well-tolerated: most common side effects were mild, temporary injection site reactions such as pain and redness; no serious adverse events (SAEs) related to study drug</li>
<li>Effective target binding: expressed&nbsp;DMAbs successfully bound to the SARS-CoV-2 Spike protein receptor-binding domain (RBD), confirming functional activity through week 72</li>
</ul>

Reported Earlier, INOVIO Announces 72-Week Data From COVID-19 DNA Antibody Trial With No Serious Adverse Events Or Immune Reactions

For February 2025, Copa Holdings' capacity (ASMs) increased by 1.7%, while system-wide passenger traffic (RPMs) increased by 2.3%, compared to 2024. As a result, the system load factor for the month was 86.7%, 0.4 percentage points higher than in February 2024.

Reported Earlier, Copa Holdings Reports February 2025 Load Factor Of 86.7%, Up 0.4% YoY; Traffic Up 2.3%

Inspired Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INSE#NASDAQ">INSE</a>) will release its fourth-quarter financial results before the <a href="https://www.benzinga.com/quote/INSE/earnings">opening bell on Monday, March 17.</a>
Analysts expect the New York-based company to report quarterly earnings at 15 cents per share, down from 17 cents per share in the year-ago period. Inspired Entertainment projects quarterly revenue of $79.19 million, compared to $81.2 million a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On March 10, Inspired Entertainment announced the expansion of its partnership with Rush Street Interactive, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSI#NYSE">RSI</a>).
Inspired Entertainment shares fell 6.4% to close at $8.03 on Thursday.
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/INSE/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>JMP Securities analyst David Scharf reiterated a Market Outperform rating with a price target of $14 on Jan. 27, 2025. This analyst has an accuracy rate of 66%.</li>
<li>B. Riley Securities analyst David Bain reinstated a Buy rating with a price target of $21 on April 5, 2024. This analyst has an accuracy rate of 65%.</li>
<li>Truist Securities analyst Barry Jonas maintained a Buy rating and cut the price target from $21 to $19 on Oct. 18, 2023. This analyst has an accuracy rate of 65%.</li>
</ul>
Considering buying INSE stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="611" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14012828/image-111-1024x611.png" alt="" class="wp-image-824269" style="width:568px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14012828/image-111-1024x611.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14012828/image-111-300x179.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14012828/image-111-768x458.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14012828/image-111.png 1110w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/25/03/44298504/top-3-health-care-stocks-youll-regret-missing-this-quarter">Top 3 Health Care Stocks You&#8217;ll Regret Missing This Quarter</a></li>
</ul>

Price Target

Analyst Ratings

INSE

Inspired Entertainment Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Cellectis (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLLS#NASDAQ">CLLS</a>) reported quarterly losses of $(0.16) per share which beat the analyst consensus estimate of $(0.17) by 5.88 percent. This is a 71.93 percent increase over losses of $(0.57) per share from the same period last year. The company reported quarterly sales of $33.22 million which beat the analyst consensus estimate of $9.45 million by 251.59 percent. This is a 1.57K percent increase over sales of $1.99 million the same period last year.

CLLS

Cellectis Q4 2024 Adj EPS $(0.16) Beats $(0.17) Estimate, Sales $33.22M Beat $9.45M Estimate

Despite nearly a 50% drop since mid-December,&nbsp;Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares are still too expensive to attract seasoned investor Ross Gerber back into the fold.
What Happened: Ross Gerber, the president and CEO of Gerber Kawasaki Wealth &amp; Investment Management, in an <a href="https://www.businessinsider.com/tesla-stock-price-crash-outlook-ross-gerber-elon-musk-tsla-2025-3">interview </a>with Business Insider, stated that he doesn&#8217;t see a clear path for Tesla&#8217;s stock to rebound this year, even after the significant losses.
The long-term Tesla investor maintains that Tesla&#8217;s stock is still overpriced and believes that for the stock to rebound, Tesla&#8217;s earnings need to increase. On Wednesday, Tesla&#8217;s shares were trading at a forward price-to-earnings ratio of 65, more than three times the valuation multiple of the S&amp;P 500. Gerber considers the stock to be overpriced at its current level, particularly as analysts have downgraded the company&#8217;s projected 2025 vehicle sales for the second consecutive year. &#8220;There&#8217;s this game that is happening now where the fundamental story has to be revalued,&#8221; stated Gerber.
The investor also criticized Musk&#8217;s controversial political actions, which he views as a lasting obstacle for the Tesla brand. Musk&#8217;s close association with President Donald Trump has reportedly led to a shift in the brand&#8217;s political alignment, with Tesla reportedly losing liberal support while gaining conservative buyers. 
The spike in people selling their EVs due to Musk&#8217;s political stance has caused a sharp decline in the value of used Tesla cars. In a satirical post on X on Thursday, Ross Gerber also questioned, &#8216;If a liberal sells their tesla to a conservative. How many new Teslas are sold?&#8217; 
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="592" height="169" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14003503/image-108.png" alt="" class="wp-image-824241" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14003503/image-108.png 592w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14003503/image-108-300x86.png 300w" sizes="(max-width: 592px) 100vw, 592px" /></figure>
See Also: <a href="https://www.benzinga.com/analyst-ratings/price-target/25/03/44312707/sentinelone-stock-slips-as-analysts-cut-price-forecasts-on-soft-guidance-arr-miss-pr?utm_source=taboola&amp;utm_medium=exchange&amp;tblci=GiD1tFFNH-r-bulyXzVS-mm-BVNR3nb6Ojb3DSX9l1ZrFSCN1Vcoub38oPPt0OIfMO-ISg#tblciGiD1tFFNH-r-bulyXzVS-mm-BVNR3nb6Ojb3DSX9l1ZrFSCN1Vcoub38oPPt0OIfMO-ISg">SentinelOne Stock Slips As Analysts Cut Price Forecasts On Soft Guidance, ARR Miss, Product Retirement</a>
Why It Matters: The recent decline in Tesla&#8217;s stock price and its overvaluation, as pointed out by Gerber, are significant in the context of Tesla&#8217;s shifting customer base and the political divide among its customers. Gerber had earlier predicted a 50% drop in Tesla&#8217;s stock this year due to CEO Elon Musk&#8216;s shift in focus to other projects. This prediction has been largely accurate, with Tesla&#8217;s stock falling an additional 31% since his comments in late February.
Gerber also highlighted the challenges Tesla faces in the used car market. He likened it to the &#8220;Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) problem,&#8221; where the product&#8217;s high quality reduces the incentive for customers to upgrade frequently.
Furthermore, a recent analyst note by JPMorgan Chase on Wednesday stated that the company lost too much brand value too quickly. It also warned that the EV maker could see the <a href="https://www.benzinga.com/25/03/44295808/tesla-braces-for-lowest-quarterly-deliveries-since-2022-jpmorgan-predicts-a-brand-has-lost-so-much-value-so-quickly">lowest quarterly </a>deliveries since 2022.
Tesla holds a momentum rating of 89.66% and a growth rating of 55.23%, according to&nbsp;<a href="https://www.benzinga.com/report/TSLA" target="_blank" rel="noreferrer noopener">Benzinga&#8217;s Proprietary Edge Rankings</a>. The Benzinga Growth metric evaluates a stock's historical earnings and revenue expansion across multiple timeframes, prioritizing both long-term trends and recent performance. For an in-depth report on more stocks and insights into growth opportunities,&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">sign</a>&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">up for Benzinga Edge.</a>
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="452" height="285" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14004726/image-109.png" alt="" class="wp-image-824245" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14004726/image-109.png 452w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14004726/image-109-300x189.png 300w" sizes="(max-width: 452px) 100vw, 452px" /></figure>
Read More:
<ul>
<li> <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44295050/peter-schiff-warns-americans-will-be-harmed-most-when-bitcoin-bubble-pops-says-us-has-biggest-crypto-lobby">Peter Schiff Warns Americans Will Be Harmed Most When Bitcoin Bubble Pops, Says US Has Biggest Crypto Lobby</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

AAPL

TSLA

Ross Gerber Finds Tesla Stock Expensive Despite Its 50% Plunge: Why The Investor Says EV Giant's 'Fundamental Story Has To Be Revalued'

As the S&amp;P 500 enters into a correction zone, leading economists weigh in on whether the U.S. economy is headed toward a recession amid an escalating trade war.
What Happened: Lawrence H. Summers, former U.S. Treasury Secretary, lambasted recent tariff policies, warning of potential recession risks and negative long-term consequences. In an interview with CNN on Thursday, Summers described these tariff policies as a &#8220;self-inflicted wound&#8221; that not only raises costs for businesses and consumers but also poses a threat to national security. He further stated that these policies are alienating allies while benefiting competitors in Asia and Europe.
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<iframe loading="lazy" title="Laura Coates Live - Tariffs &amp; Uncertainty: Former Treasury Secretary&#039;s Perspective" width="500" height="281" src="https://www.youtube.com/embed/hqOeYy_dBgo?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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Summers also highlighted&nbsp;the economic uncertainty caused by&nbsp;these policies, stating that it&nbsp;discourages spending and investment, which&nbsp;could potentially slow growth. He&nbsp;dismissed the idea of damaging&nbsp;the economy to pressure the&nbsp;Federal Reserve into cutting interest&nbsp;rates as a flawed strategy.
He warned that the odds&nbsp;of a U.S. recession have&nbsp;risen from 10-15% to nearly&nbsp;50%, primarily due to policy shifts. Summers&nbsp;cautioned that arbitrary tariff increases&nbsp;and spending cuts could have&nbsp;long-term negative consequences.
Meanwhile, Mohamed El-Erian, called the speed of the correction &#8216;eye popping&#8217; in his post on X, following the S&amp;P 500&#8217;s 10% drop in three weeks. In his previous posts, he stated that he expects significant downward revisions to the U.S. 2025 growth projections from the IMF and Wall Street firms, ranging from 0.5 to a full percentage point, compared to the initial consensus forecast of 2.5% at the beginning of the year.
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="578" height="217" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/13231924/image-106.png" alt="" class="wp-image-824220" style="width:562px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/13231924/image-106.png 578w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/13231924/image-106-300x113.png 300w" sizes="(max-width: 578px) 100vw, 578px" /></figure>
However, Justin Wolfers, Senior Fellow at Brookings Institute, still holds on to bits of optimism amid pessimism. He told CNN that a recession is &#8216;not inevitable,&#8217; while reasoning that President Donald Trump has inherited a strong U.S. economy and he hasn&#8217;t been at the helm long enough to change much of that.
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="605" height="445" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/13233651/image-107.png" alt="" class="wp-image-824228" style="width:585px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/13233651/image-107.png 605w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/13233651/image-107-300x221.png 300w" sizes="(max-width: 605px) 100vw, 605px" /></figure>
However, he acknowledged that this time, instead of external factors, the chaotic economic policies from the White House are a cause for concern. Wolfers explained how these policies are leading businesses and consumers to pause spending, which &#8216;could&#8217; but &#8216;by no means necessarily&#8217; spark a recession.
SEE ALSO: <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44314642/ripple-sec-lawsuit-nears-end-will-xrp-be-classified-as-commodity-like-ethereum">Ripple-SEC Lawsuit Nears End: Will XRP Be Classified As Commodity Like Ethereum?</a>
Why It Matters: The comments from various economists come in the wake of escalating trade tensions. On Thursday, the S&amp;P 500 entered <a href="https://www.benzinga.com/government/regulations/25/03/44317410/sp-500-enters-technical-correction-as-trade-war-fears-rattle-markets">technical correction territory</a>, falling 10% from its all-time high, following Trump&#8217;s latest tariff threats wherein he threatened to impose a 200% tariff on French champagne and EU spirits. 
The S&amp;P 500, as tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), closed at 5,521 points, marking a significant drop from its February 19 peak of 6,147. This fresh wave of selling was triggered by escalating trade tensions, reinforcing economists&#8217; concerns about the potential negative impact of recent tariff policies on the economy.
Read More:
<ul>
<li><a href="https://www.benzinga.com/markets/25/03/44301836/trump-warns-of-200-tariff-on-french-champagne-and-eu-spirits-in-retaliation-to-europes-tariff-on-us-whiskey">Trump Warns Of 200% Tariff On French Champagne And EU Spirits In Retaliation To Europe&#8217;s Tariff On US Whiskey</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Trump's Tariff Policies A 'Self-Inflicted Wound' Says Obama-Era Treasury Secretary Larry Summers, Economists Weigh In As S&P Enters Correction Zone

Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) electric vehicle charging stations and home batteries have been excluded from rebates in the Canadian province of British Columbia. This move comes in the wake of tariffs imposed by the U.S. on Canada.
What Happened: BC Hydro, a Crown-owned utility, offers rebates of up to CAD 5,000 ($3464) on eligible battery storage systems and up to CAD 350 ($243) on the purchase and installation of EV chargers. However, Tesla products have been excluded from these rebates since March 12, according to a notice on BC Hydro&#8217;s website, as reported by <a href="https://www.autonews.com/manufacturing/automakers/anc-trump-tariffs-tesla-bc-hydro-rebates-1303/">Auto News</a> on Thursday.
Local media reports indicate that Tesla products such as EV chargers, energy storage batteries, and inverters are a part of the exclusion.
The announcement was made by British Columbia&#8217;s Energy Minister, Adrian Dix, following a review of the program managed by the energy utility BC Hydro. 
"I thought they [Tesla products] shouldn't be made available on a public subsidy program right now. I don't think anyone in British Columbia needs to be told why, and I think most people would support their removal from that list," Dix told CBS
Meanwhile, BC Hydro stated in a release that its rebate program prioritizes Canadian goods while excluding products made in the U.S. &#8220;where practicable.&#8221;
Customers who received pre-approval for Tesla products before March 12 will still be eligible for their rebates. 
See Also: <a href="https://www.benzinga.com/markets/25/03/44276820/elon-musk-reportedly-pledges-100-million-to-trump-linked-political-groups-amid-billion-dollar-losses-in-his-net-worth">Elon Musk&#8217;s Tesla Set For Lowest Quarterly Deliveries Since 2022, JPMorgan Predicts: &#8216;Brand Has Lost So Much Value So Quickly&#8217;</a>
Why It Matters: The decision comes after U.S. President Donald Trump imposed a 25% tariff on Canadian goods and a 10% tariff on Canadian energy on March 4. The surtax was temporarily suspended on March 6 for goods that comply with the United States-Mexico-Canada Agreement but is anticipated to be reinstated on April 2.
Tesla is encountering consumer backlash in the U.S. over CEO Elon Musk&#8216;s close ties to President Trump. Musk had also described Canada as "not a real country"&nbsp;in a post on X which he later deleted. There was also a widespread call for revoking the Tesla CEO&#8217;s Canadian citizenship.
Not just, British Columbia, but, the province of Ontario had previously terminated a C$100 million ($69.28 million) contract with Musk's Starlink, while the city of Toronto left Tesla out of its driver incentive program.
This development comes on the heels of allegations against Tesla for manipulating the EV rebate program in Canada. <a href="https://www.benzinga.com/25/03/44213295/tesla-suspected-of-ev-rebate-manipulation-in-canada-amid-sudden-sales-surge-tesla-gamed-the-system-says-industry-body">Four Canadian Tesla stores</a> were suspected of exploiting the country's EV rebate program by selling an average of 30 cars per hour over three days, claiming over 50% of the rebate funds.
Tesla holds a momentum rating of 83.63% and a growth rating of 55.20%, according to&nbsp;<a href="https://www.benzinga.com/report/TSLA" target="_blank" rel="noreferrer noopener">Benzinga's Proprietary Edge Rankings</a>. The Benzinga Growth metric evaluates a stock&#8217;s historical earnings and revenue expansion across multiple timeframes, prioritizing both long-term trends and recent performance. For an in-depth report on more stocks and insights into growth opportunities,&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">sign</a>&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">up for Benzinga Edge.</a>
Tesla stock declined 2.99% to close at $240.68 on Thursday. The stock has lost over 36% year-to-date. 
Read More
<ul>
<li><a href="https://www.benzinga.com/25/03/44317253/pricing-trends-for-consumer-goods-continue-to-normalize-easing-pressure-on-consumers-says-analyst"> JP Morgan Analyst Sees Inflation Easing, But Tougher Price Comparisons Loom For Key Categories</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tesla Charging Stations Cut From Rebate Program By Canadian Province: 'Most People Would Support Their Removal' From Subsidy List, Says Minister

Major U.S. indices experienced turbulent sessions on Thursday, with the S&amp;P 500 <a href="https://in.benzinga.com/government/regulations/25/03/44317410/sp-500-enters-technical-correction-as-trade-war-fears-rattle-markets">entering technical correction territory</a>. The index fell 10% from its all-time high, rattled by escalating trade tensions and the latest tariff threats from President Donald Trump. Despite recent inflation data painting a more optimistic picture for the U.S. economy, investors remain focused on trade policy risks, worrying that escalating tariffs could undermine corporate earnings and disrupt supply chains.
The S&amp;P 500 index fell by nearly 1.4%, closing at 5,521.52, while the Nasdaq dropped almost 2%, finishing at 17,303.02. The Dow Jones Industrial Average also ended Thursday down 1.3%, at 40,813.57.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
D-Wave Quantum Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QBTS#NYSE">QBTS</a>)
D-Wave Quantum shares surged 18.73%, closing at $6.91 after hitting an intraday high of $7.12 and a low of $6.04. The stock&#8217;s 52-week high and low are $11.41 and $0.75, respectively. On Thursday, the company reported a fourth-quarter adjusted earnings loss of 8 cents per share, missing the street view by a cent. Despite a 21% year-over-year decline in quarterly sales to $2.309 million, <a href="https://www.benzinga.com/25/03/44301722/d-wave-quantum-stock-rallies-on-strong-q4-booking-growth-and-optimistic-outlook">strong booking growth</a> and an optimistic outlook fueled investor interest.
DocuSign Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOCU#NASDAQ">DOCU</a>)
DocuSign&#8217;s stock fell 6.78% to close at $74.70, with an intraday high of $79.36 and a low of $74.26. The company&#8217;s 52-week range is $107.86 to $48.70. The company&#8217;s stock shot up 11.65% to $83.40 in the after-hours trading. DocuSign reported fourth-quarter revenue of $776.3 million, surpassing the consensus estimate. The <a href="https://www.benzinga.com/news/earnings/25/03/44317205/docusign-q4-earnings-revenue-beat-eps-beat-billings-up-11-shares-move-higher-despite-soft-guidance">earnings per share</a> also beat expectations.
Ulta Beauty Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>)
Ulta Beauty&#8217;s shares declined by 4.48%, ending the day at $314.47. However, in the after-hours trading the stock shot up by 6.5% to $335. The shares reached an intraday high of $329.54 and a low of $309.01, with a 52-week high of $574.76 and a low of $309.01. The company reported <a href="https://www.benzinga.com/news/earnings/25/03/44317611/ulta-beauty-stock-climbs-on-q4-earnings-beat-fiscal-2025-will-be-a-pivotal-year">fourth-quarter revenue</a> of $3.49 billion, exceeding estimates. Earnings per share were also above expectations, marking fiscal 2025 as a pivotal year.
Meta Platforms Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)
Meta Platforms saw a 4.67% decline, closing at $590.64. The stock&#8217;s intraday high was $620.50 with a low of $586.51, and a 52-week range of $740.91 to $414.50. The decline came amid a broader market sell-off, with <a href="https://www.benzinga.com/trading-ideas/movers/25/03/44317112/meta-shares-drop-during-market-sell-off-and-tariff-concerns-whats-going-on">tariff concerns</a> affecting tech stocks.
Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s stock decreased by 2.99%, closing at $240.68. The intraday high was $248.29, and the low was $232.60, with a 52-week high of $488.54 and a low of $138.80. Analysts at JPMorgan predict Tesla will have its <a href="https://www.benzinga.com/25/03/44295808/tesla-braces-for-lowest-quarterly-deliveries-since-2022-jpmorgan-predicts-a-brand-has-lost-so-much-value-so-quickly">lowest quarterly deliveries</a> since 2022, citing CEO Elon Musk&#8217;s involvement in the Trump administration as a factor impacting the brand&#8217;s value.
Image via Shutterstock
Prepare for the day&#8217;s trading <a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a> by Benzinga.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/03/44320890/cathie-wood-hunts-for-crypto-bargains-amid-bitcoin-decline-ark-loads-up-on-robinhood-and-coinbase">Cathie Wood Hunts For Crypto Bargains Amid Bitcoin Decline, Ark Loads Up On Robinhood And Coinbase</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Equities

DOCU

QBTS

ULTA

D-Wave Quantum, Docusign, Ulta Beauty, Meta Platforms, And Tesla: Why These 5 Stocks Are On Investors' Radars Today

Gogo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOGO#NASDAQ">GOGO</a>) will release its fourth-quarter financial results, before the opening bell, on <a href="https://www.benzinga.com/quote/GOGO/earnings">Friday, March 14</a>.
Analysts expect the Broomfield, Colorado-based company to report quarterly earnings at 9 cents per share, down from 11 cents per share in the year-ago period. Gogo projects quarterly revenue of $97.8 million, compared to $97.81 million a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Dec. 4, 2024, Gogo announced the completion of its acquisition of Satcom Direct. The company also named Chris Moore, President of SD, as Gogo&#8217;s Chief Executive Officer.
Gogo shares fell 1.2% to close at $6.87 on Thursday.
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/gogo/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>Roth MKM analyst Scott Searle maintained a Buy rating with a price target of $15.5 on Sept. 17, 2024. This analyst has an accuracy rate of 70%.</li>
<li>Morgan Stanley analyst Simon Flannery maintained an Equal-Weight rating and cut the price target from $12 to $11 on Sept. 3, 2024. This analyst has an accuracy rate of 66%.</li>
<li>JP Morgan analyst Philip Cusick maintained a Neutral rating and cut the price target from $11 to $10 on Aug. 8, 2024. This analyst has an accuracy rate of 63%.</li>
</ul>
Considering buying GOGO stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="539" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/13223755/image-105-1024x539.png" alt="" class="wp-image-824202" style="width:497px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/13223755/image-105-1024x539.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/13223755/image-105-300x158.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/13223755/image-105-768x404.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/13223755/image-105.png 1181w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
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<li><a href="https://www.benzinga.com/25/03/44298504/top-3-health-care-stocks-youll-regret-missing-this-quarter">Top 3 Health Care Stocks You&#8217;ll Regret Missing This Quarter</a></li>
</ul>

Pre-Market Outlook

GOGO

Top Wall Street Forecasters Revamp Gogo Price Expectations Ahead Of Q4 Earnings

On Thursday, Cathie Wood&#8216;s Ark Invest made significant trades, focusing on acquiring shares in Robinhood Markets Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), Coinbase Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), and Tempus AI Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEM#NASDAQ">TEM</a>). These transactions come amid a volatile market environment, particularly affecting cryptocurrency-related stocks.
The Robinhood Trade saw Ark Invest&#8217;s ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>) fund purchasing 143,855 shares of Robinhood. The stock closed at $36.02, resulting in a total investment of approximately $5.18 million. This move aligns with recent market trends, where Robinhood, alongside other crypto-related stocks, <a href="https://www.benzinga.com/25/03/44225814/bitcoins-drop-shakes-crypto-stocks-coin-hood-mara-riot-dip-but-are-traders-seeing-a-bargain">faced pressure</a> due to Bitcoin&#8217;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) decline below $80,000. Despite these challenges, traders are reportedly looking for potential opportunities in the market.
The Coinbase Trade involved Ark Invest&#8217;s ARKK fund acquiring 29,353 shares of Coinbase. With a closing price of $177.49, the investment totaled around $5.21 million. Coinbase has been under scrutiny following its exclusion from the S&amp;P 500 and the broader cryptocurrency market&#8217;s downturn. However, analysts like Chris Brendler from Rosenblatt have <a href="https://in.benzinga.com/25/03/44194807/coinbase-analyst-sees-crypto-spring-ahead-calls-recent-pullback-a-buying-opportunity">maintained a positive outlook</a>, suggesting the recent pullback presents a buying opportunity.
The Tempus AI Trade featured Ark Invest&#8217;s ARKK fund buying 30,119 shares of Tempus AI Inc. The shares closed at $42.16, amounting to an investment of approximately $1.23 million. This purchase follows Ark&#8217;s <a href="https://www.benzinga.com/25/03/44293571/cathie-woods-wednesday-moves-ark-pours-1-36-million-into-tempus-ai-shares-following-deep-6-ai-acquisition-offloads-rocket-lab-stock">previous $1.36 million</a> investment in Tempus AI on Wednesday. Notably, Ark has purchased Tempus AI stock on every day of this week. Amid the Tech stock bloodbath on Monday, it had scooped up a whopping $13.23 million worth of shares.
Other Key Trades:
<ul>
<li>ARKW purchased 109,818 shares of Ibotta Inc (IBTA) while ARKF fund bought 16,332 shares.</li>
<li>ARKG fund purchased 17,742 shares of CRISPR Therapeutics AG (CRSP), while ARKK scooped up 88,232 shares.</li>
<li>ARKK fund sold 967,513 shares of UiPath Inc (PATH) and ARKW sold 133,703 shares.</li>
</ul>
Image via Shutterstock
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/03/44320586/bitcoin-sees-potential-bullish-breakout-toward-91000">Bitcoin&#8217;s Two-Year Bull Run At Risk? Analyst Says Chart Hints At &#8216;Potential Trend Shift&#8217; — Asks Followers To Watch This Level Closely</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

ETFs

General

ARKK

COIN

HOOD

Cathie Wood Hunts For Crypto Bargains Amid Bitcoin Decline, Ark Loads Up On Robinhood And Coinbase

Spirit Aviation Holdings, Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SAVEQ#OTC">SAVEQ</a>), the parent company of Spirit Airlines, LLC (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SAVEQ#OTC">SAVEQ</a>) announced that it has successfully completed its financial restructuring.
What Happened: The&nbsp;United States Bankruptcy Court for&nbsp;the Southern District of New&nbsp;York has confirmed Spirit&#8217;s Plan of Reorganization, with a supermajority of the company&#8217;s loyalty and convertible noteholders offering immense support, stated the company via press release. The restructuring process allowed the company to reduce its funded debt by nearly $795 million, leaving Spirit in a robust financial position. The company also secured&nbsp;a $350 million equity investment&nbsp;from current investors, aimed at supporting future initiatives and enhancing guest experiences. 
Upon emergence, the common stock previously issued by Spirit Airlines, Inc. was canceled. The company said that it &#8220;expects to re-list its shares on a stock exchange as soon as reasonably practicable&#8221; after the Effective Date of its Plan of Reorganization.
President and CEO Ted Christie stated, &#8220;Today, we&#8217;re moving forward with our strategy to redefine low-fare travel with our new, high-value travel options.&#8221;
See Also:<a href="https://www.benzinga.com/news/25/03/44308149/market-is-trying-to-rebound-keep-trump-off-x-says-jim-cramer-also-calls-out-canadas-carney-for-making-trump-look-bad-really-bad-call"> &#8216;Market Is Trying To Rebound—Keep Trump Off X,&#8217; Says Jim Cramer—Also Calls Out Canada&#8217;s Carney For Making Trump Look Bad—&#8217;Really Bad Call&#8217;</a>
Why It Matters: This development comes after Spirit Airlines <a href="https://benzinga.com/25/02/43654635/spirit-airlines-rejects-frontiers-new-merger-offer-aims-to-finalize-restructuring-by-q1-2025">rejected a merger</a> offer from&nbsp;Frontier Group Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULCC#NASDAQ">ULCC</a>)&nbsp;earlier in February 2025. Frontier had proposed a revised restructuring plan, offering Spirit&#8217;s stakeholders $400 million in second-lien debt and 19% of Frontier&#8217;s common equity. This would have eliminated the need for Spirit&#8217;s $350 million equity rights offering but required a waiver of a $35 million termination fee. 
The rejection of this offer indicated Spirit&#8217;s confidence in its own restructuring plan, which it has now successfully implemented. The company&#8217;s decision to deleverage debt and secure equity investment underscores its commitment to financial stability and enhanced passenger services. The successful restructuring also paves the way for Spirit&#8217;s potential re-listing on a stock exchange, marking a significant turnaround for the airline. 
Price Action: Spirit Airlines OTC stock ended Thursday 2.6% higher at $0.47, according to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">data from Benzinga Pro</a>.
Read More: 
<ul>
<li><a href="https://www.benzinga.com/politics/25/03/44319499/elon-musk-disapproval-rating-53-in-new-poll-62-say-tesla-ceo-doesnt-have-right-experience-to-make-changes-to-government">Elon Musk Disapproval Rating 53% In New Poll: 62% Say Tesla CEO Doesn&#8217;t Have &#8216;Right Experience&#8217; To Make Changes To Government</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

SAVEQ

ULCC

Spirit Airlines Soars Out of Bankruptcy, Says Will Cancel Old Stock And Expects To Re-List 'As Soon As Reasonably Practicable'

Donald Tang, the Executive Chair of Chinese fast-fashion retailer Shein, assured that the company is preparing for a London listing while dismissing concerns about the company&#8217;s valuation.
What Happened: Shein initially planned a New York listing for late 2023 but redirected its focus to the U.K. after the U.S. Securities and Exchange Commission (SEC) rejected its proposal. The fast-fashion retailer has decided to go ahead with the listing despite U.S. President Donald Trump's decision to eliminate the &#8220;de minimis&#8221; duty-free exemption for Chinese imports valued under $800. Tang stated that the company "has always had a globalized model, so we've already started to do global diversification", as reported by the <a href="https://www.ft.com/content/b0f841c8-2944-4ea6-88dc-651e46cda336">Financial Times</a>.
Shein&#8217;s valuation stood at $66 billion during its latest funding round in 2023. However, some stakeholders have been pushing for a reduction in the valuation to around $30 billion, a move that could expedite its&nbsp;IPO in the first half&nbsp;of this year.
Tang revealed that none of the existing investors, including Sequoia China (now HongShan), General Atlantic,&nbsp;and Abu Dhabi sovereign wealth&nbsp;fund Mubadala, have expressed concerns about Shein&#8217;s valuation in the lead-up to its planned IPO.
Although the company&#8217;s valuation is considerably lower, its flotation would still be among the largest on the London market this decade, as per the FT. 
Tang&nbsp;confirmed that there have been &#8220;zero conversations&#8221; about reducing its valuation among Shein&#8217;s management. &#8220;When&nbsp;we are actually going public,&nbsp;there will be that question&nbsp;[about valuation], but we&#8217;re&nbsp;not going public right now,&#8221; he stated.
See Also: <a href="https://www.benzinga.com/25/03/44320221/chuck-schumer-says-a-government-shutdown-will-give-trump-the-keys-to-the-city-state-and-country-and-elon-musk-the-chance-to-destroy-government-services">Chuck Schumer Says A Government Shutdown Will Give Trump The &#8216;Keys To The City, State and Country&#8217; And Elon Musk The Chance To Destroy Government Services</a>
Why It Matters: Tang&#8217;s comments come in as Shein faces stiff&nbsp;competition from rival group Temu&nbsp;and uncertainty over the future&nbsp;of a key exemption to&nbsp;U.S. import duties. Additionally, sources informed the FT that the company&#8217;s net profit declined by 40% to $1 billion in 2024. However, Tang asserts that investors are &#8220;very happy&#8221; as the company continues to expand successfully and profitably on a large scale while enhancing efficiency and minimizing waste.
Furthermore, Shein, along with Amazon and Temu, is under <a href="https://www.benzinga.com/25/02/43431559/amazon-temu-and-shein-under-eu-scrutiny-regulators-target-illegal-products-and-tougher-e-commerce-rules">regulatory scrutiny</a> from the EU for allegedly selling dangerous or illegal products online. This could potentially impact the company&#8217;s performance and reputation, making its upcoming listing a significant event to watch.
Photo Courtesy: Yau Ming Low On Shutterstock.com
Read More: 
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<li><a href="https://www.benzinga.com/government/regulations/25/03/44317410/sp-500-enters-technical-correction-as-trade-war-fears-rattle-markets">S&amp;P 500 Enters Technical Correction As Trade War Fears Rattle Markets</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Shein CEO Says 'Zero Conversations' About Slashing $66B Valuation Ahead Of IPO, Backers Unfazed Amid Trump Tariff Woes

On Thursday, prominent cryptocurrency analyst Ali Martinez shared insights on Bitcoin&#8217;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) potential price movements. 
What Happened: The analyst urged his followers to monitor the $74,000 level closely. Sharing a weekly Bitcoin-Tether (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDT</a>) chart, he noted that losing this key support could indicate a &#8220;potential trend shift.&#8221; He noted that such a shift would be the first one since January 2023.
A sell signal occurred during the bearish trend in 2022, while a buy signal marked the start of a strong uptrend in early 2023, according to the shared chart.
Between January 2023 and now, Bitcoin has surged from $16,625.08 to over $80,000, marking a nearly 390% gain during this period.
<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">Watch $74,000 closely! The weekly chart hints at a potential trend shift if <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> loses this key support. The first major one since January 2023! <a href="https://t.co/taNh5dLSQT">pic.twitter.com/taNh5dLSQT</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1900342613431247359?ref_src=twsrc%5Etfw">March 14, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Martinez noted, in a separate post, that long-term holders have been accumulating Bitcoin. He said that these holders have added 131,000 BTC to their wallets in the past month.
<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">Long-term <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> holders have been on a buying spree, adding over 131,000 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> to their wallets in the past month! <a href="https://t.co/7CWlWXX2uh">pic.twitter.com/7CWlWXX2uh</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1900324997287338062?ref_src=twsrc%5Etfw">March 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
On the other hand, Ali, noted that 36,000 BTC have been withdrawn from exchanges in the 96 hours. This move is seen as a positive sign for the market, as it indicates confidence among investors who are holding onto their assets despite price volatility.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Over 36,000 <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> have been withdrawn from exchanges in the last 96 hours! <a href="https://t.co/BVOhL0I6uO">pic.twitter.com/BVOhL0I6uO</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1900268877705097684?ref_src=twsrc%5Etfw">March 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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See Also: <a href="https://www.benzinga.com/news/global/25/03/44296984/libra-token-fallout-argentine-lawyer-demands-extradition-of-project-creator-from-us">Libra Token Fallout: Argentine Lawyer Demands Extradition Of Project Creator From US</a>
Why It Matters: The current landscape for Bitcoin is marked by significant developments and varied perspectives. Recently, President Donald Trump announced a <a href="https://in.benzinga.com/markets/cryptocurrency/25/03/44184474/trump-announced-strategic-bitcoin-reserve-to-allow-buying-additional-btc-peter-schiff-doesnt-think-so-but-heres-what-the-order-says">Strategic Bitcoin Reserve</a>, which, while initially seen as bullish, ultimately disappointed investors due to its reliance on seized assets rather than new purchases.This move reflects a shift in government attitudes toward digital assets, though its impact on Bitcoin&#8217;s price has been mixed. Additionally, regulatory clarity has been a focus, with the SEC providing relief by closing non-fraud investigations and clarifying its <a href="https://in.benzinga.com/25/02/44032560/memecoins-like-trump-dogecoin-pepe-not-securities-says-the-sec-but-fraud-related-to-offer-and-sale-subject-to-enforcement">stance on memecoins</a>. 
Meanwhile, Bitcoin&#8217;s price has <a href="https://www.benzinga.com/trading-ideas/movers/25/03/44212362/bitcoin-ethereum-and-dogecoin-crash-as-trump-refuses-to-rule-out-recession-arthur-hayes-predicts-btc-to-retest-78000">experienced volatility</a>, dropping from an all-time high in January 2025 to recent lows below the psychologically important $80,000 level, influenced by macroeconomic factors and market sentiment. 
Price Action: At the time of writing, Bitcoin was down 2.6%, trading at $81,351, according to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">data from Benzinga Pro</a>.
Image via Shutterstock
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44298759/bitcoin-vs-lunr-intuitive-machines-stock-might-see-larger-price-swings-than-btc-in-days-ahead">Bitcoin Vs. LUNR: Intuitive Machines Stock Might See Larger Price Swings Than BTC In Days Ahead</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

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

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