PGIM ETF Trust PGIM AAA CLO ETF (ARCA: PAAA)

Últimas noticias sobre PGIM ETF Trust PGIM AAA CLO ETF (ARCA:PAAA)

Under normal circumstances, the Fund invests at least 80 percent of its investable assets in U.S. dollar-denominated collateralized loan obligations (CLOs) that are, at the time of purchase, rated AAA (or equivalent) by at least one nationally recognized statistical rating organization (NRSRO) or, if unrated, determined by the subadviser to be of comparable quality. Up to 20 percent of the Fund's investable assets may be invested in CLOs that are rated below AAA but not less that A minus by at least one NRSRO (or, if unrated, determined by the subadviser to be of comparable quality). The term investable assets refer to the Funds net assets plus any borrowings for investment purposes. The Funds investable assets will be less than its total assets to the extent that it has borrowed money for non-investment purposes, such as to meet anticipated redemptions. The Fund is an actively managed exchange-traded fund (ETF) and therefore does not seek to replicate the performance of any specific index.

Prudential Core Gov Mm Fu

PGIM AAA CLO ETF

PGIM ETF Trust PGIM AAA CLO ETF

According to Economist Justin Wolfers, the tax, tariff, and budget policies of the Trump administration are creating one of the most lopsided transfers of wealth in U.S. history.
What Happened: On Thursday, in a post on X, Wolfers, a prominent critic of President Donald Trump, highlighted the regressive nature of the latter&#8217;s economic policies.
&#8220;Trump&#8217;s tax cuts overwhelmingly help the rich,&#8221; he says, referring to the &#8220;One Big, Beautiful Bill,&#8221; which, according to the Congressional Budget Office (CBO), would result in a 4% <a href="https://www.benzinga.com/markets/equities/25/05/45536595/big-beautiful-bill-will-explode-the-deficit-and-make-the-rich-richer-congressional-budget-office-estimates-4-income-fall-for-lowest-decile-of-americans-by-2033?utm_source=chatgpt.com">increase in resources</a> for households in the highest decile by 2027, and a 2% decline for those at the lowest.
Wolfers adds that the spending cuts are primarily <a href="https://www.benzinga.com/news/health-care/25/06/45882997/trumps-big-beautiful-bill-could-strip-3-2-million-people-from-food-stamp-program-295-billion-in-spending-cuts-proposed-report">targeted at the poor</a>, such as the stripping of 3.2 million people from the Supplemental Nutrition Assistance Program (SNAP) food stamp program, aimed at cutting $295 billion in spending over the next decade.
See Also: <a href="https://www.benzinga.com/news/movers-shakers/25/06/45917407/elon-musk-net-worth-down-64-billion-in-2025-but-tesla-ceo-still-richer-than-value-of-ford-general-motors-stellantis-toyota-combined">Elon Musk Net Worth Down $64 Billion In 2025 — But Tesla CEO Still Richer Than Value Of Ford, General Motors, Stellantis, Toyota Combined</a>
To top it off, the &#8220;tariffs cost the poor a larger share of their income,&#8221; Wolfers says, calling the rolling of these three &#8220;regressive policies&#8221; together, one of the &#8220;largest redistribution from poor to rich in American history.&#8221;
Wolfers underscored his point with a chart titled &#8220;The budget bill passed by the House is anti-Robin Hood,&#8221; a visualization showing how the package would funnel benefits up the income scale and leave lower-income households worse off.
<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">1. Trump&#39;s tax cuts overwhelmingly help the rich 2. His spending cuts are targeted at the poor 3. Tariffs cost the poor a larger share of their income Roll these three regressive policies together and you get the largest redistribution from poor to rich in American history. <a href="https://t.co/X7mM6JcBEs">pic.twitter.com/X7mM6JcBEs</a>
&mdash; Justin Wolfers (@JustinWolfers) <a href="https://twitter.com/JustinWolfers/status/1933261581049065944?ref_src=twsrc%5Etfw">June 12, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Woflers has been a <a href="https://www.benzinga.com/25/05/45535537/trumps-budget-agenda-is-reverse-robin-hood-economics-says-justin-wolferstakes-from-working-families-gives-to-the-rich">vocal critic of Trump&#8217;s</a> &#8220;One Big, Beautiful Bill&#8221; since the very beginning, having said that &#8220;It&#8217;s just pure reverse Robin Hood,&#8221; a couple of weeks ago. 
His concerns have since been echoed by several other leading analysts and experts, with Craig Shapiro, the Managing Partner at the Collabfund, saying that the bill will &#8220;<a href="https://www.benzinga.com/markets/equities/25/05/45536595/big-beautiful-bill-will-explode-the-deficit-and-make-the-rich-richer-congressional-budget-office-estimates-4-income-fall-for-lowest-decile-of-americans-by-2033">explode the deficit</a> while enriching the highest decile of Americans at the expense of the lowest decile.&#8221;
Even billionaire Elon Musk, a former Trump ally, has <a href="https://www.benzinga.com/news/politics/25/06/45757029/elon-musk-slams-congressional-spending-bill-as-a-disgusting-abomination">criticized the bill</a> in recent weeks, calling it a &#8220;disgusting abomination,&#8221; resulting in a much-publicized fallout with the President.
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/06/45919154/trump-says-he-may-hike-auto-tariffs-again-to-boost-domestic-production-the-higher-you-go-they-build-a-plant-here">Trump Says He May Hike Auto Tariffs Again To Boost Domestic Production: &#8216;The Higher You Go&#8230;They Build A Plant Here&#8217;</a></li>
</ul>
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News

Economics

Trump's 'One Big, Beautiful Bill' Is 'The Largest Redistribution From Poor To Rich In American History,' Says Economist Justin Wolfers Amid Tax Cuts, Spending Slashes And Tariffs

PowerFleet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIOT#NASDAQ">AIOT</a>) will release its fourth-quarter financial results before the <a href="https://www.benzinga.com/quote/AIOT">opening bell on Monday, June 16</a>.
Analysts expect the Woodcliff Lake, New Jersey-based company to report quarterly earnings at 4 cents per share, versus a year-ago loss of 55 cents per share. PowerFleet projects quarterly revenue of $103.81 million, compared to $33.74 million a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On May 23, Powerfleet said it sees preliminary FY25 total revenue of $362.5 million and expects FY26 revenue growth of 20% to 25%.
PowerFleet shares fell 0.2% to close at $4.74 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/AIOT/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul class="wp-block-list">
<li>Lake Street analyst Jaeson Schmidt maintained a Buy rating and cut the price target from $11 to $8 on May 27, 2025. This analyst has an accuracy rate of 53%.</li>
<li>Barrington Research analyst Gary Prestopino maintained an Outperform rating with a price target of $15 on May 23, 2025. This analyst has an accuracy rate of 74%.</li>
<li>Raymond James analyst Alexander Sklar maintained an Outperform rating and cut the price target from $10 to $8 on April 29, 2025. This analyst has an accuracy rate of 69%.</li>
</ul>
Considering buying AIOT stock? Here&#8217;s what analysts think:
Read This Next: 
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<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/06/45902941/top-2-defensive-stocks-that-may-keep-you-up-at-night-in-q2">Top 2 Defensive Stocks That May Keep You Up At Night In Q2</a></li>
</ul>
Photo via Shutterstock

Earnings

Price Target

Markets

Analyst Ratings

Trading Ideas

AIOT

PowerFleet Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

The Trump administration has distanced itself from<a href="https://www.benzinga.com/markets/market-summary/25/06/45918802/middle-east-tensions-rattle-markets-us-stock-futures-slide-oil-jumps-8-gold-surges-above-3400-after-israel-strikes-iran"> Israel&#8217;s recent military actions against Iran</a>. These strikes are expected to complicate President Donald Trump&#8217;s efforts to negotiate a nuclear deal with Tehran.
What Happened: The Trump administration sought to separate the United States from Israel&#8217;s recent military actions against Iran, according to a report by Reuters on Thursday.
Israel claimed responsibility for targeting Iranian nuclear sites to prevent the development of atomic weapons. Meanwhile, the U.S. is preparing for another round of talks on Iran&#8217;s uranium enrichment program scheduled for Sunday.
Marco Rubio, the Secretary of State and National Security Adviser, emphasized that Israel acted independently. He stated, &#8220;We are not involved in strikes against Iran and our top priority is protecting American forces in the region.&#8221; Rubio also warned Iran against targeting U.S. interests or personnel.
&#8220;Israel advised us that they believe this action was necessary for its self-defense," Rubio added.
See Also: <a href="https://benzinga.com/news/topics/25/06/45908840/as-layoffs-mount-one-question-is-getting-louder-what-happens-to-skyscraper-offices-in-cities-like-bos">As Layoffs Mount, One Question Is Getting Louder: What Happens To Skyscraper Offices In Cities Like Boston When People Are Replaced By AI?</a>
Just before the strikes, Trump advocated for a diplomatic resolution, although he acknowledged that military action against Iran &#8220;could very well happen.&#8221; The International Atomic Energy Agency declared Iran in violation of its non-proliferation obligations, intensifying the situation.
Despite tensions, the U.S. and Iran announced plans for further discussions in Oman, with a U.S. official confirming that talks are still intended for Sunday.
Why It Matters: The geopolitical tensions in the Middle East have had a significant impact on global markets. Following Israel&#8217;s pre-emptive strike against Iran, U.S. stock futures experienced a decline. The <a href="https://www.benzinga.com/markets/market-summary/25/06/45918802/middle-east-tensions-rattle-markets-us-stock-futures-slide-oil-jumps-8-gold-surges-above-3400-after-israel-strikes-iran">S&amp;P 500 Futures dropped 1.49%</a>, while Nasdaq and Dow Jones Futures also saw declines of 1.59% and 1.36%, respectively.
Oil prices surged by 8%, reflecting the market&#8217;s response to the escalating conflict.
Gold and its cryptocurrency derivatives saw a rise as investors sought refuge. <a href="https://www.benzinga.com/crypto/25/06/45919140/gold-backed-cryptos-surge-as-israel-iran-tensions-ignite-safe-haven-rush-coins-linked-to-tether-pax-top-30-ytd-outshine-bitcoin">Spot gold increased by 1.20%</a> to $3,427.51 per ounce, marking its highest level in over a month.
Gold futures also climbed 1.63% to $3,457.70, underscoring the heightened demand for safe-haven assets amid the ongoing tensions.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/06/45918580/nvidia-drops-china-from-guidance-after-2-5-billion-q1-revenue-hit-ceo-jensen-huang-says-hes-not-counting-on-us-lifting-export-controls-but-if-it-happens-it-will-be-a-great-bonus">Nvidia Drops China From Guidance After $2.5 Billion Q1 Revenue Hit, CEO Jensen Huang Says He&#8217;s &#8216;Not Counting&#8217; On US Lifting Export Controls, &#8216;But If It Happens, It Will Be A Great Bonus&#8217;</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Politics

Trump Administration Distances US From Israel's Strikes On Iran: 'We Are Not Involved,' Says Marco Rubio

President Donald Trump says he may hike auto tariffs again in a bid to boost production in the U.S.
What Happened: "I might go up with that tariff in the not too distant future. The higher you go, the more likely it is they build a plant here,&#8221; Trump said during a press event at the White House, Reuters reported on Thursday.
The President also hailed his tariffs as the catalyst for increased investment by General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), which has recently <a href="https://www.benzinga.com/markets/tech/25/06/45899175/general-motors-cfo-says-4-billion-investment-will-allow-company-to-rebalance-production-amid-trump-tariffs">invested over $4 billion</a> in its domestic manufacturing capabilities.
"They wouldn&#8217;t have invested 10 cents if we didn&#8217;t have tariffs, including for manufacturing American steel, which is doing great," Trump said.
Why It Matters: Trump's comments could cast even more uncertainty over the auto industry, which has already been scrambling to deal with the auto tariffs that will hit automakers with <a href="https://www.benzinga.com/tech/25/05/45217767/ford-ceo-jim-farley-says-trumps-tariffs-could-cost-ford-1-5-billion-pulls-its-earnings-guidance">billions of dollars</a> in additional costs as supply chains are rejigged.&nbsp;
Companies have been pushing to invest in domestic manufacturing, with GM investing over $888 million in its Buffalo, New York, plant to manufacture V-8 engines.
Tariffs have also forced automakers to restructure their manufacturing endeavors, with Stellantis NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>) shifting production of some of its vehicles <a href="https://www.benzinga.com/markets/25/05/45133236/chrysler-jeep-owner-stellantis-to-move-some-auto-production-into-the-us-to-avoid-tariffs">out of Mexico</a> and into Michigan.
However, some leaders in the sector have backed the Tariffs, with GM CEO Mary Barra <a href="https://www.benzinga.com/25/05/45664131/general-motors-ceo-backs-trumps-auto-tariffs-as-a-tool-to-level-the-playing-fieldtheyve-taken-the-time-to-understand-our-industry">backing the tariffs</a> as a tool to level the playing field for U.S.-based automakers.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/06/45833037/auto-industry-struggles-as-supply-chain-issues-threaten-production-amid-chinas-export-curbs-on-rare-earth-minerals-report">Auto Industry Struggles As Supply Chain Issues Threaten Production Amid China&#8217;s Export Curbs On Rare Earth Minerals: Report</a></li>
</ul>
Photo courtesy: Rawpixel.com / Shutterstock.com

Tech

STLA

Trump Says He May Hike Auto Tariffs Again To Boost Domestic Production: 'The Higher You Go...They Build A Plant Here'

Gold and its cryptocurrency derivatives surged Thursday night as investors sought refuge in the safe haven following <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45918307/bitcoin-ethereum-dogecoin-bleed-after-israel-launches-premptive-strike-against-iran-analyst-foresees-lower-levels-for-eth-if-it-fails-to-hold-this-support">Israel's strikes on Iran</a>.
What happened: Spot gold was up 1.20% to $3,427.51 per ounce as of this writing, its highest level in more than a month. Gold futures on the Commodity Exchange were up 1.63% to $3,457.70.
The latest spike extended the yellow metal's year-to-date gains past 30%.
The gains flowed down to physical gold-backed cryptocurrencies, causing similar increases in Tether Gold and PAX Gold.
The two coins also extended their year-to-date gains past 30%, becoming one of the most valuable cryptocurrency investments in 2025.
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>YTD Gains +/-</td>
<td>Price (Recorded at 11:30 p.m. ET)</td>
</tr>
<tr>
<td>Pax Gold (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/pax/usd">PAX</a>)</td>
<td>+1.98%</td>
<td>+31.46%</td>
<td>$3,435.82</td>
</tr>
<tr>
<td>Tether Gold (CRYPTO: XAUT)</td>
<td>+1.95%</td>
<td>+30.95%</td>
<td>$3,456.47</td>
</tr>
</tbody>
</table>
</figure>
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45740537/forget-dollars-willy-woo-says-bitcoin-will-be-priced-against-global-gdp-gold-used-to-be-that-money-btc-is-the-challenger">Forget Dollars: Willy Woo Says Bitcoin Will Be Priced Against Global GDP — &#8216;Gold Used To Be That Money, BTC Is The Challenger&#8217;</a>
These returns contrasted with the drop in heavyweights like Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), which were down 3.38% and 8.91%, respectively, as of this writing.
Renowned gold bug Peter Schiff contrasted gold's rise with Bitcoin's decline, calling into question the apex cryptocurrency&#8217;s widely touted safe-haven narrative.
"How can anyone consider Bitcoin to be a digital version of gold?," he asked.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Israel attacks Iran. Oil prices jump 5% while S&amp;P futures fall 1.5%. In response, investors seeking a safe haven buy gold, sending its price up 0.85%. Meanwhile, investors dump Bitcoin, pushing its price down 2%. How can anyone consider Bitcoin to be a digital version of gold?
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1933327752297591281?ref_src=twsrc%5Etfw">June 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45876652/trump-family-backed-bitcoin-mining-firm-acquires-23-million-worth-of-btc-signals-more-accumulation-in-the-future">Trump Family-Backed Bitcoin Mining Firm Mines $23 Million Worth Of BTC, Signals More Accumulation In The Future</a></li>
</ul>
Image via Shutterstock

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

Cryptocurrency

Movers

$BTC

$ETH

$PAX

Gold-Backed Cryptos Surge As Israel-Iran Tensions Ignite Safe-Haven Rush — Coins Linked To Tether, PAX Top 30% YTD, Outshine Bitcoin

Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) has made a strategic <a href="https://www.benzinga.com/markets/tech/25/06/45880561/meta-on-the-verge-of-a-15-billion-deal-with-scale-ai-report">minority investment</a> in Scale AI, valuing the company at over $29 billion, as part of a broader partnership to accelerate AI development.
What Happened: On Thursday, Scale AI confirmed the development. The deal includes a major leadership change: Scale's founder and CEO&nbsp; Alexandr Wang will join Meta to support its internal AI initiatives, while continuing to serve on Scale's board.
"Meta's investment recognizes Scale's accomplishments to date and reaffirms that our path forward – like that of AI – is limitless," Wang said in a statement.
Also Read:&nbsp;<a href="https://www.benzinga.com/media/25/05/45680165/meta-hits-1-billion-monthly-ai-users-eyes-future-with-subscriptions" target="_blank" rel="noreferrer noopener">Meta Hits 1 Billion Monthly AI Users, Eyes Future With Subscriptions</a>
The board has appointed Jason Droege, Scale's Chief Strategy Officer and a former Uber Eats executive, as interim CEO. "We have built the strongest foundation to tackle AI's data challenges," Droege said. "I'm dedicated to working with our talented team to continue realizing Alex's vision."
Why It's Important: Established in 2016, Scale AI has gained significant prominence in the tech industry by assisting major players such as OpenAI, Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google and Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) in curating data essential for training advanced AI models.
Earlier this week, it was reported that <a href="https://www.benzinga.com/m-a/25/06/45839465/zuckerbergs-ai-push-expands-meta-weighs-10b-stake-in-scale-ai">Meta has finalized a $14 billion investment</a> in Scale AI, securing a 49% stake in the artificial intelligence startup.
Price Action: Meta shares dipped 0.11% on Thursday and fell an additional 0.21% in after-hours trading, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Benzinga&#8217;s Edge Stock Rankings show META maintaining an upward trajectory over the short, medium and long term. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound'">Additional 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/2025/06/12235006/Screenshot-2025-06-13-at-9.17.44%E2%80%AFAM.png" alt="" class="wp-image-948412" /></a></figure>
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45396297/cathie-wood-dumps-palantir-as-stock-touches-peak-prices-bails-on-soaring-flying-taxi-maker-archer-aviation" target="_blank" rel="noreferrer noopener">Cathie Wood Dumps Palantir As Stock Touches Peak Prices, Bails On Soaring Flying-Taxi Maker Archer Aviation</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo Via Shutterstock

Equities

Media

GOOG

GOOGL

MSFT

Meta Invests In Scale AI At $29 Billion Valuation, Taps CEO Alexandr Wang To Drive Internal AI Push As Part Of Deepening Partnership

On Thursday, Cathie Wood-led Ark Invest made significant trades, notably in Nextdoor Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIND#NYSE">KIND</a>) and AvidXchange Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVDX#NASDAQ">AVDX</a>)
The KIND Trade: Ark Invest&#8217;s ARK Next Generation Internet ETF fund (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#BATS">ARKW</a>) bought a whopping 300,387 shares of Nextdoor Holdings Inc. The ETF&#8217;s stake in the company now represents 0.0247% of its portfolio.
The value of this trade, based on the latest closing price us is around $466 thousand.
Nextdoor Holdings Inc. is a relatively new addition to Ark Invest&#8217;s portfolio. The company&#8217;s stock has been gaining traction among investors, making this trade a noteworthy one.
The AVDX Trade: Ark Invest&#8217;s ARK Fintech Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#BATS">ARKF</a>) fund sold 50 shares of AvidXchange Holdings Inc. ARKF had also sold 96 shares in the company earlier this week.
The value of this trade, based on the latest closing price, is around $489.
<a href="https://benzinga.com/news/health-care/25/06/45912432/rfk-jr-appointee-to-cdc-advisory-committee-was-a-paid-expert-in-mercks-gardasil-lawsuit">RFK Jr. Appointee To CDC Advisory Committee Was A Paid Expert In Merck&#8217;s Gardasil Lawsuit</a>
AvidXchange was among the companies that Ark Invest<a href="https://www.benzinga.com/markets/equities/25/06/45897032/cathie-woods-ark-invest-continues-to-offload-palantir-loads-up-on-beam-therapeutics-gitlab"> traded earlier in the week</a>.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/06/45897032/cathie-woods-ark-invest-continues-to-offload-palantir-loads-up-on-beam-therapeutics-gitlab">Cathie Wood&#8217;s Ark Invest Continues To Offload Palantir, Loads Up On Beam Therapeutics, GitLab</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: ChrisStock82 / Shutterstock.com

ARKF

ARKW

AVDX

KIND

Cathie Wood's Ark Invest Loads Up On Nextdoor, Exits AvidXchange

The CNN Money Fear and Greed index showed a slight decline in the overall market sentiment, while the index remained in the &#8220;Greed&#8221; zone on Thursday.
U.S. stocks settled higher on Thursday, with the S&amp;P 500 recording gains during the session amid a rally in Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) shares. Shares of Oracle jumped more than 13% on Thursday after the company reported better-than-expected fourth-quarter financial results and issued upbeat outlook commentary.
The Boeing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) shares fell around 5% on Thursday after an Air India 787-8 Dreamliner crashed near the Ahmedabad airport.
On the economic front, U.S. producer prices rose by 0.1% month-over-month in May compared to a revised 0.2% decline in April and versus market estimates of a 0.2% increase. U.S. initial jobless claims came in steady at 248,000 during the first week of June, versus market estimates of 240,000.
President Donald Trump renewed pressure on Federal Reserve Chair Jerome Powell to cut interest rates.
Most sectors on the S&amp;P 500 closed on a positive note, with utilities, information technology and health care stocks recording the biggest gains on Thursday. However, communication services and consumer discretionary stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 102 points to 42,967.62 on Thursday. The S&amp;P 500 rose 0.38% to 6,045.26, while the Nasdaq Composite gained 0.24% to 19,662.48 during Thursday's session.
Investors are awaiting earnings results from MoneyHero Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNY#NASDAQ">MNY</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 61.4, the index remained in the &#8220;Greed&#8221; zone on Thursday, versus a prior reading of 61.7.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
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<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/06/45902941/top-2-defensive-stocks-that-may-keep-you-up-at-night-in-q2">Top 2 Defensive Stocks That May Keep You Up At Night In Q2</a> </li>
</ul>
Photo courtesy: Shutterstock

ORCL

S&P 500 Gains Amid Surge In Oracle Shares: Investor Sentiment Edges Lower, But Fear Index Remains In 'Greed' Zone

With U.S. stock futures trading lower this morning on Friday, some of the stocks that may grab investor focus today are as follows:
<ul class="wp-block-list">
<li>Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) reported better-than-expected second-quarter financial results and raised its FY25 guidance. The company reported second-quarter revenue of $5.87 billion, beating analyst estimates of $5.79 billion, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. The company reported second-quarter adjusted earnings of $5.06 per share, surpassing the estimated $4.96 per share. Adobe shares fell 1.5% to $407.50 in the after-hours trading session.</li>
<li>Wall Street expects MoneyHero Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNY#NASDAQ">MNY</a>) to report earnings results for the first quarter before the opening bell today. MoneyHero shares gained 5% to $0.8505 in after-hours trading.</li>
<li>RH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RH#NYSE">RH</a>) reported upbeat earnings for the first quarter and announced that it is maintaining its current FY25 guidance despite uncertainty surrounding tariffs and macroeconomic events. RH said it sees second-quarter revenue growth of 8% to 10%, and full-year 2025 revenue growth of 10% to 13%. RH shares jumped 20.3% to $212.75 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul class="wp-block-list">
<li>FibroGen, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FGEN#NASDAQ">FGEN</a>) reported a 1-for-25 reverse stock split. FibroGen shares dipped 4.1% to $0.2959 in the after-hours trading session.</li>
<li>Zedge, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZDGE#NYSE">ZDGE</a>) posted stronger-than-expected earnings for the third quarter on Thursday. The company reported quarterly earnings of 6 cents per share, which beat the analyst consensus estimate of 2 cents per share. Zedge shares climbed 13.9% to $3.19 in after-hours trading.</li>
</ul>
Check This Out: 
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<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/06/45902941/top-2-defensive-stocks-that-may-keep-you-up-at-night-in-q2">Top 2 Defensive Stocks That May Keep You Up At Night In Q2</a> </li>
</ul>
Photo courtesy: Mats Wiklund / Shutterstock.

Pre-Market Outlook

ADBE

FGEN

ZDGE

Adobe, RH And 3 Stocks To Watch Heading Into Friday

U.S. stock futures slipped Thursday evening as tensions continued to flare in the Middle East, following Israel&#8217;s preemptive strike against Iran. 
Starting with the&nbsp;S&amp;P 500 Futures, which trades at 5,959.25, down 1.49%, followed by&nbsp;Nasdaq Futures&nbsp;at 21,580.25, down 1.59%, and&nbsp;Dow Jones Futures&nbsp;down 1.36%, trading at 42,404.00, at the time of writing this.
The futures markets dipped following Israel&#8217;s Defense Minister, Israel Katz declared a state of emergency, following the attack on Iran. Katz said, &#8220;Following the State of Israel's preemptive strike against Iran, a missile and drone attack against the State of Israel and its civilian population is expected in the immediate future,&#8221; according <a href="https://www.cnbc.com/2025/06/12/israels-defense-minister-announces-special-situation-after-israeli-attack-on-iran.html">to</a> CNBC.
On Wednesday, President Donald Trump announced that all non-emergency U.S. personnel located at its bases and embassies in the Middle East <a href="https://www.benzinga.com/markets/commodities/25/06/45897276/oil-etfs-surge-over-6-as-trump-orders-middle-east-evacuation-amid-iran-tensions-warns-region-could-be-dangerous">will be evacuated</a>, saying that it &#8220;could be a dangerous place.&#8221;
See Also: <a href="https://www.benzinga.com/news/politics/25/06/45916986/walmart-heiress-takes-on-trump-with-no-kings-ad-white-house-calls-it-burning-some-of-her-inheritance-for-a-pr-stunt">Walmart Heiress Takes On Trump With &#8216;No Kings&#8217; Ad: White House Calls It &#8216;Burning Some Of Her Inheritance For A PR Stunt&#8217;</a>
Secretary of State Marco Rubio issued a statement following Israel&#8217;s unilateral strikes, stating that the U.S. was not involved in the strikes against Iran and that the government&#8217;s top priority is protecting American troops in the region. &#8220;Let me be clear,&#8221; he said, &#8220;Iran should not target U.S. interests or personnel.&#8221;
<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://t.co/aqh7QXYtiy">pic.twitter.com/aqh7QXYtiy</a>
&mdash; Rapid Response 47 (@RapidResponse47) <a href="https://twitter.com/RapidResponse47/status/1933324586214395966?ref_src=twsrc%5Etfw">June 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Asian markets opened lower on Friday, with Japan&#8217;s benchmark Nikkei 225 down 1.44%, trading at 37,625.30, with services, electronics, and export-oriented industries leading the decline. South Korea&#8217;s KOSPI Composite Index is following suit, down 0.97% in early-morning trade, at 2,891.73.
Crude oil prices are up 8% on Friday, trading at $73.36 a barrel, marking a steep ascent from its 52-week low of $58.4 in early May. 
Oil ETFs are once again on the ascent after hours, with the United States Oil Fund LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>) up 1.68%, ProShares Ultra Bloomberg Crude Oil (ARCA: UCO) up 2.75%, and finally the 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>) up 0.41%.
The U.S. Dollar Index (DXY) is up 0.21%, trading at 98.105 against a basket of foreign currencies, in a rather volatile trading session, as geopolitical concerns weigh.
Gold spot prices have surged 3.33%, trading at $3,435.68 per ounce, as investors pursue safe-haven assets amid rising geopolitical risks.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="192" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/12215155/Screenshot-2025-06-13-at-7.21.28-AM-1024x192.png" alt="" class="wp-image-948339" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/12215155/Screenshot-2025-06-13-at-7.21.28-AM-1024x192.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/12215155/Screenshot-2025-06-13-at-7.21.28-AM-300x56.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/12215155/Screenshot-2025-06-13-at-7.21.28-AM-768x144.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/12215155/Screenshot-2025-06-13-at-7.21.28-AM.png 1176w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
The ProShares Ultra Bloomberg Crude Oil ETF, one of the leading ETFs to track crude oil prices, has a momentum of 21.13. It has a favorable price trend in the short, medium, and long term, but how does it compare with other energy and crude oil ETFs? Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> to find out. 
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<li><a href="https://www.benzinga.com/markets/emerging-markets/25/06/45913847/the-dollar-is-crumbling-and-hedge-fund-analyst-says-a-new-global-trade-is-brewing">The Dollar Is Crumbling, And Hedge Fund Analyst Says A New Global Trade Is Brewing</a></li>
</ul>
Image Via Shutterstock

Commodities

Global

GENC

Middle East Tensions Rattle Markets: US Stock Futures Slide, Oil Jumps 8%, Gold Surges Above $3,400 After Israel Strikes Iran

Chip giant Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) has revised its financial strategy after <a href="https://www.benzinga.com/government/regulations/25/04/44971572/nvidia-chip-ban-wont-stop-chinas-ai-momentum-say-analysts-blocking-h20-would-hand-market-to-huawei-amid-trump-era-export-crackdown">U.S. export controls</a> blocked AI chip sales to China, resulting in a multibillion-dollar revenue shortfall in the first quarter of 2025.
What Happened: Speaking <a href="https://edition.cnn.com/2025/06/12/tech/nvidia-ceo-china-us-ai-chip-exports">to</a> CNN in Paris on Thursday, Nvidia CEO Jensen Huang said the company will no longer include China in its revenue or profit forecasts due to ongoing U.S. export restrictions.
"I'm not counting on it, but if it happens, then it will be a great bonus," Huang said, referring to the possibility of loosened trade rules. "I've told all our investors and shareholders that, going forward, our forecasts will not include the China market."
Earlier this year, Nvidia was <a href="https://www.benzinga.com/25/05/45644145/nvidia-stock-is-bullish-ahead-of-q1-earnings-but-will-h20-chip-woes-dampen-the-party">forced to halt shipments</a> of its China-specific H20 AI chips after the U.S. government determined a special license was required.
That decision cost the company $2.5 billion in potential revenue in the first quarter. Although Nvidia <a href="https://www.benzinga.com/25/04/44830406/nvidia-to-take-55-billion-hit-over-china-chip-export-restrictions-but-top-analyst-dan-ives-says-hes-not-overly-concerned-all-part-of-the-high-game-of-poker">expected a $5.5 billion hit</a> from excess inventory, it ultimately recorded a $4.5 billion charge.
See Also:&nbsp;<a href="https://www.benzinga.com/25/04/44897214/nvidia-discusses-ai-powering-future-with-japan-amid-rising-energy-demands" target="_blank" rel="noreferrer noopener">Nvidia&#8217;s Jensen Huang Meets Japanese PM To Discuss AI&#8217;s Growing Energy Needs</a>
"The goals of the export controls are not being achieved," Huang told the publication. "Whatever those goals are that were being discussed initially, (they) are apparently not working. And so I think, with all export controls, the goals have to be well-articulated and tested over time."
Why It's Important: Speaking at the Viva Tech conference in Paris on Thursday, Huang also cautioned that continued U.S. restrictions on AI chip exports to China could allow Huawei Technologies to <a href="https://www.benzinga.com/markets/tech/25/06/45903869/nvidia-ceo-jensen-huang-says-huawei-has-got-china-covered-if-us-backs-off-despite-american-tech-being-generation-ahead">strengthen its position</a> within China.
On Monday, Kevin Hassett, who heads the U.S. National Economic Council, told CNBC that the Donald Trump administration could consider easing some <a href="https://www.benzinga.com/25/05/45157365/nvidia-ceo-jensen-huang-warns-us-lawmakers-that-export-bans-are-backfiring-fueling-huaweis-rise-in-global-ai-chip-race">export limits</a> on microchips deemed essential by China for its manufacturing needs, the report noted.
However, he said that the U.S. will continue to restrict access to "very, very high-end" Nvidia chips designed to support artificial intelligence systems.
Price Action: Nvidia shares have gained 4.84% year-to-date and are up 15.81% over the past 12 months. On Thursday, the stock climbed 1.52%, closing at $145, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Benzinga's Edge Stock Rankings show Nvidia maintaining strong upward momentum across short, medium and long-term periods. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound'">Further performance details 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/2025/06/12220254/Screenshot-2025-06-13-at-7.30.48%E2%80%AFAM.png" alt="" class="wp-image-948344" /></a></figure>
Read More:
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<li><a href="https://benzinga.com/news/25/04/44735140/most-people-dont-have-the-balls-to-do-it-says-mark-cuban-praising-musk-for-going-all-in-with-his-own-money-f" target="_blank" rel="noreferrer noopener">‘Most People Don't Have The B&#x2A;&#x2A;ls To Do It,' Says Mark Cuban, Praising Musk For Going ‘All In' With His Own Money For His Startups</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image via Shutterstock

NVDA

Nvidia Drops China From Guidance After $2.5 Billion Q1 Revenue Hit, CEO Jensen Huang Says He's 'Not Counting' On US Lifting Export Controls, 'But If It Happens, It Will Be A Great Bonus'

Leading cryptocurrencies nosedived Thursday as geopolitical tensions escalated following Israel&#8217;s military strikes on Iran.
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Cryptocurrency</th>
<th>Gains +/-</th>
<th>Price (Recorded at 8:30 p.m. ET)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-4.51%</td>
<td>$103,584.63</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-8.70%</td>
<td>$2,524.72</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-4.19%</td>
<td>$0.1879</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin crashed below $104,000 overnight, sending the larger cryptocurrency market into collapse.
Ethereum's decline was steeper, as it sank over 9% in the last 24 hours below $2,550. The second-largest cryptocurrency eroded the gains it made after the rally to $2,860. Dogecoin was also down over 4%.
The meltdown comes after Israel launched what it said was a "preemptive strike" against Iran, according to Defense Minister Israel Katz, <a href="https://edition.cnn.com/2025/06/12/middleeast/israel-iran-strikes-intl-hnk?Date=20250613&amp;Profile=CNN&amp;utm_content=1749774194&amp;utm_medium=social&amp;utm_source=twitter">reported</a> CNN. Katz said retaliatory strikes on Israel are expected.
Over $1 billion was liquidated from the cryptocurrency market in the last 24 hours, with an overwhelming $947 million in longs getting wiped out.
The derivative markets were spooked. Bitcoin&#8217;s Open Interest dropped 5.69%, while funds locked in Ethereum&#8217;s outstanding contracts declined by more than 13%.&nbsp;
Interestingly, Binance traders were buying Bitcoin's dip, as over 50% of them were positioned short, according to the Long/Short ratio.
The "Greed" sentiment plunged from 71 to 61 over the last 24 hours, according to the Crypto Fear &amp; Greed Index.
Top Gainers (24 Hours)
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Cryptocurrency</th>
<th>Gains +/-</th>
<th>Price (Recorded at 8:30 p.m. ET)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Kaia (KAIA)</td>
<td>+0.77%</td>
<td>$0.1721</td>
</tr>
<tr>
<td>Tether Gold (XAUt) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+0.66%</td>
<td>$3,385</td>
</tr>
<tr>
<td>Pax Gold (PAXG)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+0.56%</td>
<td>$3,399.50 </td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization fell 1.38% in the last 24 hours to $3.39 trillion.
Stock futures bled overnight Thursday. The Dow Jones Industrial Average Futures tumbled 570 points, or 1.33%, as of 8:37 p.m. EDT.&nbsp; Futures tied to the S&amp;P 500 sank 1.43%, while Nasdaq 100 Futures lost 1.44%.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Widely followed cryptocurrency analyst Nebraskangooner warned that if Ethereum fails to hold a critical support level tied to a previous breakout around $2,500, it would likely drop lower.
&#8220;Zoomed out daily look with still plenty of time until tomorrows close but if it fails to hold the previous breakout candle base that would be a pretty nasty upthrust and likely signal lower levels to come,&#8221; the analyst said.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> Zoomed out daily look with still plenty of time until tomorrows close but if it fails to hold the previous breakout candle base that would be a pretty nasty upthrust and likely signal lower levels to come. <a href="https://t.co/TNFSk0dUA6">pic.twitter.com/TNFSk0dUA6</a>
&mdash; Nebraskangooner (@Nebraskangooner) <a href="https://twitter.com/Nebraskangooner/status/1933330755461263619?ref_src=twsrc%5Etfw">June 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
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</ul>
Photo Courtesy: alfernec on Shutterstock.com

$DOGE

Bitcoin, Ethereum, Dogecoin Bleed After Israel Launches 'Premptive Strike' Against Iran: Analyst Foresees 'Lower Levels' For ETH If It Fails To Hold This Support

<a href="https://www.axios.com/2025/06/13/israel-strike-iran-trump-nuclear-talks" title="https://www.axios.com/2025/06/13/israel-strike-iran-trump-nuclear-talks">https://www.axios.com/2025/06/13/israel-strike-iran-trump-nuclear-talks</a>
<a href="https://www.axios.com/2025/06/13/israel-strike-iran-trump-nuclear-talks">https://www.axios.com/2025/06/13/israel-strike-iran-trump-nuclear-talks</a>

Macro Economic Events

Macro Notification

General

iShares MSCI Israel Capped Investable Market Index Fund

'Israel conducts airstrike in Iran'- Axios

Confused over <a href="https://www.cnet.com/personal-finance/loans/the-end-of-save-expect-this-student-loan-plan-to-disappear-in-2025/https:/www.cnet.com/personal-finance/loans/the-end-of-save-expect-this-student-loan-plan-to-disappear-in-2025/">new rules</a> for student loans and repayments? Informed decisions made now could save thousands of dollars and lots of headaches trying to manage life's other financial challenges. Finance and policy expert Elaine Rubin worked for seven years at the U.S. Dept. of Education's Federal Student Aid office, making her extremely knowledgeable on this complex subject. Here is the <a href="https://www.cnet.com/personal-finance/loans/im-a-student-loan-expert-here-are-the-6-things-borrowers-should-do-now/">cheat sheet </a>of her three top tips to save money on your student loans.
Don't Miss:
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<li>Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — <a href="https://www.benzinga.com/money/boxabl-scaling-fast-from-spacex-orders-to-600-homes-built-this-60k-foldable-home-may-be-the-future-of-housing">this is your last chance to become an investor for $0.80 per share.</a></li>
<li>‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. <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">You can invest today for just $0.30/share with a $1000 minimum.</a></li>
</ul>
<h2 class="wp-block-heading">Pull out the paperwork.</h2>
Find out what you've borrowed and how much you still owe. Copy or snap key figures for later reference if you don't want to slog through contracts and fine print. Include sections that show interest rates and how much they've been adding to your loan liability. Look at your repayment plans. Are you enrolled in the government's Saving on a Valuable Education Plan, also known as SAVE? If so, pay attention to <a href="https://www.cnet.com/personal-finance/loans/student-loan-borrowers-you-have-until-summer-to-prevent-your-wages-from-being-garnished/">garnishment rules</a> arising from legal challenges during the Biden administration.&nbsp;
Rubin says total indebtedness is a "question that most borrowers can't answer." She adds that folks behind in their payments often don't know it, adding to interest costs. "Many borrowers I&#8217;ve worked with are surprised to find they owe more than they initially borrowed when it&#8217;s time to start repayment, Rubin explained. "Because most loans, except subsidized ones, begin accruing interest from the moment they are disbursed."
Trending: 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;&nbsp;
<h2 class="wp-block-heading">Plan repayments and don't count on student loan forgiveness.</h2>
SAVE enrollees have been in limbo since last summer, caught in a court-ordered <a href="https://www.cnet.com/personal-finance/loans/save-student-loan-borrowers-likely-wont-make-payments-this-year-but-should-do-this-one-thing-now/">administrative forbearance</a>. That stopped interest rates, but the payment hold is scheduled to end no earlier than September, after government systems are updated. Check out the Department of Education&#8217;s <a href="https://studentaid.gov/loan-simulator/">Loan Simulator</a> for possible repayment options when the interest clock runs again. That site also has eligibility information for specific plans.
See Also: Invest where it hurts — and help millions heal:<a href="https://www.benzinga.com/money/a-cure-for-osteoarthritis-powered-by-everyday-investors-cytonics-is-looking-to-beat-big-pharma-and-disrupt-a-390-billion-market"> Invest in Cytonics and help disrupt a $390B Big Pharma stronghold</a>.
According to Rubin, borrowers can also restate income if they earn less now than at the time of the first loan forbearance in 2020. Lower income may reduce your student loan payment if you are enrolled in an income-driven repayment plan. Borrowers on that program may also qualify for student loan forgiveness. But they shouldn't count on relief because, as Rubin notes, "legal challenges continue to threaten SAVE and some of the other IDR repayment plans."&nbsp;&nbsp;
As a side note, teachers, nurses and other public service employees under the Department of Education's Public Service Loan Forgiveness program can cancel debt if they meet strict job length and repayment <a href="https://studentaid.gov/fsa-id/sign-in/landing">rules</a>.
<h2 class="wp-block-heading">Pay off as much interest as possible when you're still in school.&nbsp;</h2>
Not everyone has the resources to pay for college, and a college loan, at the same time. But student loans generally don't start the repayment clock until six months after graduation, or after failing to meet enrollment guidelines. So, Rubin says it helps if the borrower can "pay off any interest that accrues while you&#8217;re still in school. Even small contributions can help reduce the overall cost of your loans in the long run."
Read Next:
<ul class="wp-block-list">
<li>Many are using retirement income calculators to check if they&#8217;re on pace —<a href="https://www.benzinga.com/money/how-do-i-calculate-my-retirement-income-adv"> here&#8217;s a breakdown on what&#8217;s behind this formula.</a></li>
<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <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">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.30/share!</a></li>
</ul>
Image: Shutterstock

Personal Finance

Don't Wait – These 3 Steps Could Save you a Ton on Your Student Loans

ONCO

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

Applied Industrial Techs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIT#NYSE">AIT</a>) has outperformed the market over the past 10 years by 7.2% on an annualized basis producing an average annual return of 18.31%. Currently, Applied Industrial Techs has a market capitalization of $8.84 billion. 
Buying $100 In AIT: If an investor had bought $100 of AIT stock 10 years ago, it would be worth $538.95 today based on a price of $230.24 for AIT at the time of writing.
<h3>Applied Industrial Techs's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749771911_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In This Stock 10 Years Ago Would Be Worth This Much Today

MercadoLibre (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>) has outperformed the market over the past 15 years by 15.97% on an annualized basis producing an average annual return of 27.88%. Currently, MercadoLibre has a market capitalization of $119.44 billion. 
Buying $1000 In MELI: If an investor had bought $1000 of MELI stock 15 years ago, it would be worth $38,992.92 today based on a price of $2356.00 for MELI at the time of writing.
<h3>MercadoLibre's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749771013_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

MELI

Here's How Much $1000 Invested In MercadoLibre 15 Years Ago Would Be Worth Today

McKesson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCK#NYSE">MCK</a>) has outperformed the market over the past 20 years by 6.76% on an annualized basis producing an average annual return of 15.11%. Currently, McKesson has a market capitalization of $91.59 billion. 
Buying $100 In MCK: If an investor had bought $100 of MCK stock 20 years ago, it would be worth $1,682.32 today based on a price of $730.80 for MCK at the time of writing.
<h3>McKesson's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749770112_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $100 Invested In McKesson 20 Years Ago Would Be Worth Today

The world's richest billionaire has taken a hit to his wealth in 2025. Even after a year-to-date decline for Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) stock, Elon Musk is still significantly ahead of who is in second place and worth more than several of his automotive rivals combined.
What Happened: Tesla CEO Elon Musk is the world's richest person and gets the majority of his net worth from ownership stakes in the electric vehicle company, SpaceX, xAI and other ventures.
Musk currently ranks first as the world's richest with a wealth of $369 billion according to <a href="https://www.bloomberg.com/billionaires/?sref=TBDibEcD">Bloomberg</a>.
This is significantly ahead of the billionaire in second place, Mark Zuckerberg, who is worth an estimated $245 billion.
What's also interesting is that if you look at Musk's wealth, it&#8217;s worth more than several of the largest automotive companies combined.
Take this list, for example:
<ul class="wp-block-list">
<li>Stellantis NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>): $29.7 billion</li>
<li>Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>): $41.9 billion</li>
<li>General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>): $47.4 billion</li>
<li>Toyota Motor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>): $238.2 billion</li>
</ul>
Add it up and it's a value of $357.2 billion. That means Musk is worth more than these four automotive companies combined, with $11.8 billion left over.
You may not be a billionaire like Elon Musk, but you can uncover hidden gems in the stock market using our proprietary data and pattern recognition — <a href="https://www.benzinga.com/general/entertainment/24/10/41187322/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet">check out five stocks flying under the radar that </a><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/45827517/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-68">deserve </a><a href="https://www.benzinga.com/general/entertainment/24/10/41187322/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet">your attention.</a>
Why It's Important: Musk and Tesla have dominated the electric vehicle market in the U.S. and globally.
Tesla is worth over $1 trillion, even with recent struggles with delivery figures and demand.
A recent public feud between Musk and President Donald Trump sent shares of Tesla down significantly, marking the company&#8217;s biggest one-day market capitalization <a href="https://www.benzinga.com/markets/25/06/45827390/musk-vs-trump-tesla-suffers-record-152b-one-day-crash-as-ceo-warns-tariffs-will-cause-a-recession-up">loss of $152 billion.</a>
That drop also<a href="https://www.benzinga.com/news/movers-shakers/25/06/45807280/elon-musk-bleeds-34-billion-as-tesla-shares-tank-14-amid-spat-with-trump-how-the-billionaires-fortune-has-fared-so-far-in-2025"> sent the wealth </a>of Musk from $368 billion on June 4 to $335 billion on June 5.
Tesla stock and Musk's wealth have rebounded from that feud-related sell-off.
Tesla stock remains down 15.9% year-to-date.
Musk's wealth has taken a hit in 2025 with a $63.5 billion drop in his net worth over the year. This comes with Tesla stock falling, while other ventures of his such as Neuralink, xAI and SpaceX are seeing higher valuations.
Musk became the first person to have a net worth of more than $400 billion in late 2024 and he could be headed back to that figure if Tesla stock can rally on recent robotaxi news and turn positive on the year.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/politics/25/06/45845525/exclusive-should-musk-be-fired-from-tesla-after-trump-feud-45-say-this-in-new-poll">EXCLUSIVE: Should Musk Be Fired From Tesla After Trump Feud? 45% Say This In New Poll</a></li>
</ul>
Photo: Shutterstock

Entertainment

Management

TSLA

Elon Musk Net Worth Down $64 Billion In 2025 — But Tesla CEO Still Richer Than Value Of Ford, General Motors, Stellantis, Toyota Combined

Halozyme Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HALO#NASDAQ">HALO</a>) has outperformed the market over the past 15 years by 2.54% on an annualized basis producing an average annual return of 14.44%. Currently, Halozyme Therapeutics has a market capitalization of $6.72 billion. 
Buying $100 In HALO: If an investor had bought $100 of HALO stock 15 years ago, it would be worth $764.94 today based on a price of $54.54 for HALO at the time of writing.
<h3>Halozyme Therapeutics's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749768313_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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