Últimas noticias sobre Planet Green Holdings (AMEX:PLAG) Bolsa

Planet Green Holdings

Planet Green Holdings Corp is a diversified technology and consumer products company with a presence in North America and China engaged in Chemical Products, Tea Products, and Online Advertising Services. The company operates in three segments namely to grow, produce, and distribute Cyan brick tea, black tea, and green tea in China; to research, develop, manufacture, and sell chemical products including formaldehyde, urea formaldehyde adhesive, methylal, ethanol fuel, fuel additives and clean fuel in China; and to develop and operate a demand-side platform which empowers buyers of advertising to manage and optimize their digital advertising across different real-time bidding networks in North America and China.

Planet Green Holdings Corp

Magna International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGA#NYSE">MGA</a>) raises FY2025 sales outlook from $38.60 billion-$40.20 billion to $40.00 billion-$41.60 billion vs $39.27 billion estimate.

News

Guidance

Magna International Raises FY2025 Sales Guidance from $38.60B-$40.20B to $40.00B-$41.60B vs $39.27B Est

Magna International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGA#NYSE">MGA</a>) reported quarterly earnings of $0.78 per share which missed the analyst consensus estimate of $0.90 by 13.33 percent. This is a 27.78 percent decrease over earnings of $1.08 per share from the same period last year. The company reported quarterly sales of $10.07 billion which beat the analyst consensus estimate of $9.69 billion by 3.95 percent. This is a 8.21 percent decrease over sales of $10.97 billion the same period last year.

Earnings

Earnings Beats

Earnings Misses

Magna International Q1 Adj. EPS $0.78 Misses $0.90 Estimate, Sales $10.07B Beat $9.69B Estimate

Billionaire Investor Bill Ackman called on President Donald Trump to temporarily pause tariffs on Chinese imports, arguing such a move would strategically benefit U.S. trade negotiations.
What Happened: Ackman, CEO of Pershing Square Capital Management, stated on X that high tariffs currently disadvantage American businesses while creating urgency for the U.S. in negotiations. He suggested pausing tariffs would reverse this dynamic.
&#8220;With the China tariffs in place, time is not our friend as the high tariffs put pressure on American companies — particularly the small ones — and our economy,&#8221; Ackman wrote. &#8220;If the tariffs are paused, the pressure on the U.S. economy is largely removed and time becomes our friend and China&#8217;s enemy.&#8221;
&#8220;Every U.S. business is already moving its supply chain and manufacturing out of China. And the more time that goes by, the worse it will get for China,&#8221; he emphasized, directly addressing Trump: &#8220;Let&#8217;s pause the China tariffs and take the pressure off American companies, and you will have all the time and leverage in the world to negotiate a great deal.&#8221;
<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">Some have misunderstood my post below, likely due to its length. So let me explain my thoughts in a few words. With the China tariffs in place, time is not our friend as the high tariffs put pressure on American companies — particularly the small ones — and our economy. If the… <a href="https://t.co/7etWSgU1np">https://t.co/7etWSgU1np</a>
&mdash; Bill Ackman (@BillAckman) <a href="https://twitter.com/BillAckman/status/1918064533366608264?ref_src=twsrc%5Etfw">May 1, 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/markets/equities/25/05/45158582/roblox-targets-10-global-gaming-market-share-with-ai-genre-expansion-and-brand-partnerships">Roblox Plots Aggressive Expansion With AI And Brand Partnerships — Sees Path To 10% Of Gaming Market</a> 
Why It Matters: The hedge fund manager&#8217;s comments highlight growing concerns about the economic impacts of prolonged trade tensions. Ackman argued China faces greater long-term risks as U.S. businesses permanently relocate supply chains to alternative countries.
Ackman previously endorsed Trump but recently called the tariffs an &#8220;<a href="https://www.benzinga.com/personal-finance/25/04/44778587/we-are-heading-for-a-self-induced-economic-nuclear-winter-billionaire-investor-bill-ackman-has-turned-on-trump-over-tariffs?utm_source=chatgpt.com">economic nuclear winter</a>.&#8221; His comments follow Trump&#8217;s decision to implement a 90-day tariff pause for non-retaliating countries while increasing China tariffs to 125%. 
Markets responded positively to this announcement, with the S&amp;P 500 index tracked by SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) gaining 9.48% and the tech-heavy Nasdaq-100 tracked by Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rising 12% in a single session on April 9. The investor also recently <a href="https://www.benzinga.com/news/global/25/04/44723751/billionaire-investor-bill-ackman-praises-trumps-tariff-pause-thank-you-on-behalf-of-all-americans">warned that continued high tariffs</a> particularly threaten small businesses lacking financial resources to weather trade tensions. Read Next: 
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<li><a href="https://www.benzinga.com/markets/25/05/45158395/elon-musks-exit-as-ceo-means-25-drop-in-tesla-stock-price-gary-black-highlights-why-musks-leadership-still-anchors-teslas-valuation">Elon Musk&#8217;s Exit As CEO Means 25% Drop In Tesla Stock Price: Gary Black Highlights Why Musk&#8217;s Leadership Still Anchors Tesla&#8217;s Valuation</a></li>
</ul>
Image Via Shutterstock 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Politics

Economics

Markets

Bill Ackman Presses Trump To Pause China Tariffs, Says 'Time Becomes Our Friend' If Pressure On US Economy Is Lifted

Shares of Twilio Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TWLO#NYSE">TWLO</a>) rose sharply in pre-market trading after the company reported <a href="https://www.benzinga.com/quote/TWLO/earnings">better-than-expected first-quarter financial results.</a>
Twilio reported quarterly earnings of $1.14 per share which beat the analyst consensus estimate of $0.94 per share. The company reported quarterly sales of $1.17 billion which beat the analyst consensus estimate of $1.14 billion.
Twilio shares jumped 9.3% to $107.00 in pre-market trading
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>CN Energy Group. Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNEY#NASDAQ">CNEY</a>) rose 78.4% to $0.2529 in pre-market trading after gaining around 10% on Thursday.</li>
<li>Polyrizon Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLRZ#NASDAQ">PLRZ</a>) surged 57.1% to $0.3980 in pre-market trading after dipping over 18% on Thursday.</li>
<li>Classover Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KIDZ#NASDAQ">KIDZ</a>) gained 50.4% to $8.06 in pre-market trading. Classover Holdings shares jumped 366% on Thursday after the company announced it entered an equity purchase facility agreement with Solana Strategies Holdings.</li>
<li>Springview Holdings Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPHL#NASDAQ">SPHL</a>) surged 38% to $0.6781 in pre-market trading after gaining 11% on Thursday.</li>
<li>Greenlane Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNLN#NASDAQ">GNLN</a>) gained 25.5% to $0.0118 in pre-market trading after dipping 17% on Thursday.</li>
<li>Adial Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADIL#NASDAQ">ADIL</a>) jumped 19.6% to $0.9325 in pre-market trading after gaining 13% on Thursday. The United States Patent and Trademark Office (USPTO) issued patent number 12,274,692 to Adial Pharmaceuticals' AD04 on Thursday.</li>
<li>NPK International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NPKI#NYSE">NPKI</a>) gained 18.2% to $7.14 in pre-market trading after the company reported better-than-expected first-quarter financial results.</li>
<li>Society Pass Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOPA#NASDAQ">SOPA</a>) rose 16.1% to $1.37 in pre-market trading after jumping over 42% on Thursday.</li>
<li>Exact Sciences Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXAS#NASDAQ">EXAS</a>) gained 10.7% to $52.23 in pre-market trading after the company reported better-than-expected first-quarter sales results and raised its FY25 sales guidance.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Block, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XYZ#NYSE">XYZ</a>) shares dipped 21.9% to $45.66 in pre-market trading after the company reported worse-than-expected first-quarter financial results.</li>
<li>Healthcare Triangle, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HCTI#NASDAQ">HCTI</a>) shares fell 19.8% to $0.2166 in pre-market trading after jumping 72% on Thursday.</li>
<li>Advantage Solutions Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADV#NASDAQ">ADV</a>) fell 18.9% to $1.07 in pre-market trading. Advantage Solutions will release financial results for the first quarter on May 12.</li>
<li>WW International, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WW#NASDAQ">WW</a>) shares fell 18.3% to $0.5927 in pre-market trading. WW International on Tuesday announced a pharmacy integration with Eli Lilly&#8217;s LillyDirect pharmacy provider, Gifthealth.</li>
<li>Pineapple Financial Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAPL#NASDAQ">PAPL</a>) shares tumbled 18.1% to $0.16 in pre-market trading after falling 9% on Thursday.</li>
<li>Ardelyx, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARDX#NASDAQ">ARDX</a>) dipped 16.4% to $4.57 in pre-market trading after the company reported worse-than-expected quarterly financial results.</li>
<li>Atlassian Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEAM#NASDAQ">TEAM</a>) declined 16% to $192.35 in pre-market trading after the company issued fourth-quarter sales guidance below estimates.</li>
<li>LendingTree, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TREE#NASDAQ">TREE</a>) fell 12.9% to $47.14 in pre-market trading after the company reported worse-than-expected first-quarter sales results, issued second-quarter sales guidance below estimates, and cut its FY25 sales guidance.</li>
<li>Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) fell 2.9% to $207.24 in today's pre-market trading. Apple reported fiscal second-quarter revenue of $95.36 billion, beating analyst estimates of $94.53 billion. The Cupertino-based company reported second-quarter earnings of $1.65 per share, beating analyst estimates of $1.63 per share. The company&#8217;s CEO Tim Cook said that the tech giant expects a $900 million cost impact in the June quarter due to tariffs.</li>
<li>Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) fell 2.3% to $185.93 in pre-market trading. Amazon reported stronger-than-expected first-quarter financial results after market close Thursday. The company said it expects second-quarter net sales of $159 billion to $164 billion, up 7% to 11%. Analysts expect the company to have net sales of $160.91 billion in the quarter.</li>
</ul>
Now Read This:
<ul>
<li> <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/05/45133450/jim-cramer-this-consumer-cyclical-stock-is-a-one-trick-pony">Jim Cramer: This Consumer Cyclical Stock Is A &#8216;One-Trick Pony&#8217;</a> </li>
</ul>
Photo via Shutterstock

Pre-Market Outlook

Movers

Trading Ideas

AAPL

ADIL

AMZN

ARDX

CNEY

EXAS

GNLN

HCTI

KIDZ

NPKI

PAPL

PLRZ

SOPA

SPHL

TEAM

TREE

TWLO

Why Twilio Shares Are Trading Higher By Over 9%; Here Are 20 Stocks Moving Premarket

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index moved to the &#8220;Neutral&#8221; zone on Thursday.
U.S. stocks settled higher on Thursday following strong earnings reports from two Big Tech companies. The S&amp;P 500 recorded gains for the eighth day — its longest winning streak since November 2023.
Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) shares jumped 7.6% on Thursday after delivering a blowout quarter that beat expectations across the board, reinforcing its leadership in cloud and AI. Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) shares gained 4.2% after the company topped estimates.
President Trump reassured investors, stating that progress on trade negotiations is going &#8220;very well&#8221; and that the timeline for the tax bill remains on schedule.
However, the Dow and S&amp;P 500 recorded losses for the third consecutive month as economic data began reflecting the impact of Trump tariffs. The S&amp;P 500 fell around 0.8% in April, while the Dow tumbled 3.2% for the period. The Nasdaq, however, gained 0.9% for the month.
On the economic data front, U.S. construction spending fell by 0.5% month-over-month to an annual rate of $2,196.1 billion in March. The ISM manufacturing PMI declined to 48.7 in April compared to 49.0 in March, above market estimates of 48. U.S. initial jobless claims increased by 18,000 to 241,000 in the week ending April 26, compared to market estimates of 224,000.
Most sectors on the S&amp;P 500 closed on a positive note, with information technology, communication services and consumer discretionary stocks recording the biggest gains on Thursday. However, health care and consumer staples stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 84 points to 40,752.96 on Thursday. The S&amp;P 500 gained 0.63% to 5,604.14, while the Nasdaq Composite climbed 1.52% to 17,710.74 during Thursday's session.
Investors are awaiting earnings results from Chevron Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>), Exxon Mobil Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) and Eaton Corporation plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETN#NYSE">ETN</a>) today.
At a current reading of 46.9, the index moved to the &#8220;Neutral&#8221; zone on Thursday, versus a prior reading of 42.7.
What is CNN Business Fear &amp; Greed Index?
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based&nbsp;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: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/05/45133450/jim-cramer-this-consumer-cyclical-stock-is-a-one-trick-pony">Jim Cramer: This Consumer Cyclical Stock Is A &#8216;One-Trick Pony&#8217;</a> </li>
</ul>
Photo via Shutterstock

Equities

MSFT

Nasdaq Jumps 1.5% Following Strong Earnings From Meta, Microsoft: Investor Sentiment Improves, Fear & Greed Index Moves To 'Neutral' Zone

With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Chevron Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) to report quarterly earnings at $2.18 per share on revenue of $48.09 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Chevron shares rose 0.1% to $136.44 in after-hours trading.</li>
<li>Analysts are expecting Exxon Mobil Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) to post quarterly earnings at $1.70 per share on revenue of $86.09 billion. The company will release earnings before the markets open. Exxon Mobil shares rose 0.2% to $106.01 in after-hours trading.</li>
<li>Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) reported stronger-than-expected first-quarter financial results after market close Thursday. The company said it expects second-quarter net sales of $159 billion to $164 billion, up 7% to 11%. Analysts expect the company to have net sales of $160.91 billion in the quarter. Amazon shares fell 3.2% to $184.10 in the after-hours trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) reported fiscal second-quarter revenue of $95.36 billion, beating analyst estimates of $94.53 billion. The Cupertino-based company reported second-quarter earnings of $1.65 per share, beating analyst estimates of $1.63 per share. The company's CEO Tim Cook said that the tech giant expects a $900 million cost impact in the June quarter due to tariffs. Apple shares fell 3.8% to $205.25 in the after-hours trading session.</li>
<li>Twilio Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TWLO#NASDAQ">TWLO</a>) reported better-than-expected first-quarter financial results. The company said it expects second-quarter revenue to be between $1.18 billion and $1.19 billion versus estimates of $1.17 billion, per Benzinga Pro. The company expects second-quarter adjusted earnings of 99 cents to $1.04 per share versus estimates of $1.04 per share. Twilio shares climbed 9.1% to $106.75 in the after-hours trading session.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/05/45133450/jim-cramer-this-consumer-cyclical-stock-is-a-one-trick-pony">Jim Cramer: This Consumer Cyclical Stock Is A &#8216;One-Trick Pony&#8217;</a> </li>
</ul>
Photo via Shutterstock

Apple, Amazon And 3 Stocks To Watch Heading Into Friday

WTW To Take Full Control Of UAE Joint Venture As Al-Futtaim Sells 51% Stake, Transaction Is Subject To Regulatory Approval And Is Expected To Close In The Second Half Of 2025

In a potential move towards de-escalation, China&#8217;s Commerce Ministry is said to be &#8216;assessing&#8217; a U.S. offer to discuss the crippling 145% tariffs imposed by President Donald Trump.
What Happened: The U.S. has extended an olive branch to Xi Jinping&#8216;s China, proposing talks over the tariffs that have significantly disrupted global markets. The Chinese Commerce Ministry has confirmed its willingness to engage in discussions but insists that the U.S. must be prepared to rectify &#8220;erroneous practices&#8221; and revoke unilateral tariffs, <a href="https://english.news.cn/20250502/45f0e72e07a34c81888238b8ebcef761/c.html">reported</a> Xinhua News on Friday.
The Ministry underscored the importance of &#8220;sincerity&#8221; in these negotiations from Washington, stating, &#8220;Attempting&nbsp;to use talks as a&nbsp;pretext to engage in coercion&nbsp;and extortion would not work.&#8221; 
&#8220;China will fight to the end and for talks, the door is open,&#8221; added the Ministry. 
On Wednesday, President Trump voiced optimism about a potential deal with China earlier this week, following a call to action from Chinese President Xi Jinping to adapt&nbsp;to changes in the international&nbsp;environment.
SEE ALSO:&nbsp;<a href="https://benzinga.com/news/events/25/04/44971154/trump-fails-to-impress-americas-young-shows-poll-as-they-still-favor-biden-only-15-think-us-on-right-track" target="_blank" rel="noreferrer noopener">Trump Fails To Impress America&#8217;s Young, Shows Poll As They Still Favor Biden — Only 15% Think US On Right Track &#8211; Benzinga</a>
Why It Matters:&nbsp;The tariffs have hit China during a difficult period, as the country struggles with deflation due to slow economic growth and a persistent property crisis. This development comes on the heels of China&#8217;s manufacturing activity contracting for the first time in three months in April, amid <a href="https://www.benzinga.com/news/global/25/04/45094345/as-chinas-manufacturing-contracts-beijing-releases-defiant-video-calling-us-a-paper-tiger-and-vows-to-never-kneel-to-trumps-trade-war">escalating trade tensions</a> with the U.S. According to data from the National Bureau of Statistics, the official manufacturing Purchasing Managers&#8217; Index (PMI) fell to 49.0, marking its weakest performance since mid-2023.
Sub-indexes for production and new orders both fell, with raw material and output prices also taking a hit. China&#8217;s non-manufacturing PMI also suffered a blow, while employment declined across most sectors. Amid these challenges, China released a video asserting it won&#8217;t &#8220;kneel down&#8221; to the U.S., highlighting the tension between the two economic powerhouses.
Meanwhile, according to Vizion, a container tracking service, booking volumes from China to the U.S. for the week of April 14 fell by 45% compared to the same week last year.
Invesco QQQ Trust, Series 1&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) declined 5.6% while the&nbsp;SPDR S&amp;P 500&nbsp;ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;lost 4.48% on a year-to-date basis, amid the uncertainty surrounding the U.S.-China trade war.<a href="https://www.benzinga.com/quote/qqq" target="_blank" rel="noreferrer noopener"></a>
<ul>
<li>READ MORE:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/24/05/38945288/diamonds-as-digital-currency-how-this-innovation-could-revolutionize-payments" target="_blank" rel="noreferrer noopener">Diamonds As Digital Currency? How This Innovation Could Revolutionize Payments &#8211; Benzinga</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.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

Xi Jinping's China Says 'Door Is Open' For Talks While It Is 'Assessing' US Trade Proposal, But Warns 'Coercion' And 'Extortion' Won't Work

On Thursday, in a rare and sharp public clash, NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) targeted artificial intelligence startup Anthropic, which is backed by Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Alphabet Inc. (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>) for supporting tighter U.S. restrictions on AI chip exports to China.
What Happened: Nvidia slammed Anthropic following the startup's blog post urging stricter enforcement of U.S. chip export controls. Anthropic stated that AI chips have been smuggled into China hidden in "prosthetic baby bumps" and "packed alongside live lobsters," <a href="https://www.cnbc.com/2025/05/01/nvidia-and-anthropic-clash-over-us-ai-chip-restrictions-on-china.html">reported</a> CNBC.
The post cited the 2022 arrest of a woman caught transporting chips and a 2023 seizure involving computer display cards found in a lobster shipment in Hong Kong.
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>
"American firms should focus on innovation and rise to the challenge, rather than tell tall tales that large, heavy, and sensitive electronics are somehow smuggled in ‘baby bumps' or ‘alongside live lobsters,'" a spokesperson for Nvidia said in a statement, according to the report.
A spokesperson for Anthropic responded to Nvidia's criticism, saying the company "stands by its recently filed public submission in support of strong and balanced export controls that help secure America's lead in infrastructure development and ensure that the values of freedom and democracy shape the future of AI," the report added.
Why It's Important: On the same day, Nvidia CEO Jensen Huang reportedly told U.S. lawmakers that current AI chip export restrictions <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">could be unintentionally giving</a> China's Huawei Technologies a stronger position in the global race for AI dominance.
Last month, the U.S. government blocked Nvidia from selling its H20 chip — a product specifically tailored for the Chinese market — shortly after initial shipments had begun.
As a result, Nvidia expects to <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">incur a $5.5 billion hit</a> in the first quarter ending April 27, related to inventory and purchase obligations for the now-restricted chip.
Price Action: Nvidia shares rose 2.47% on Thursday, closing at $111.61, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Benzinga Edge Stock Rankings gives Nvidia a strong growth score of 94.78%. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it compares to other leading tech stocks</a>.
Read More:
<ul>
<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.

Tech

Media

GOOG

GOOGL

NVDA

Nvidia Slams Amazon-Backed Anthropic Over Support For Stricter China Chip Bans, Mocks 'Tall Tales' Of Smuggling With Live Lobsters And 'Baby Bumps'

Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) CEO Jim Farley says that the company experienced a 16% surge in sales in April ahead of May 5's earnings call with investors.
What Happened: "Customers have really responded to our From America, For America offer of employee pricing. Ford sales were up 16% in April." Farley took to the social media platform X to share the update on Thursday.
<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">Customers have really responded to our From America, For America offer of employee pricing. <a href="https://twitter.com/Ford?ref_src=twsrc%5Etfw">@Ford</a> sales were up 16% in April. <a href="https://twitter.com/FordTrucks?ref_src=twsrc%5Etfw">@FordTrucks</a> had best April sales in 25 years. Hybrids, Maverick and Bronco all set new records and <a href="https://twitter.com/LincolnMotorCo?ref_src=twsrc%5Etfw">@LincolnMotorCo</a> had best April since 2007. I&#39;m proud of… <a href="https://t.co/eKg5TztyLS">pic.twitter.com/eKg5TztyLS</a>
&mdash; Jim Farley (@jimfarley98) <a href="https://twitter.com/jimfarley98/status/1918086900918960526?ref_src=twsrc%5Etfw">May 1, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Farley also shared that the company's pickup truck division, which includes models like the F-150 and the Raptor, had the "best April sales in 25 years."
"Hybrids, Maverick and Bronco all set new records and Lincoln Motor Company had best April since 2007," Farley said in the post, highlighting what appears to be a strong month for the Detroit-based automaker.
Why It Matters: Farley's updates come in as Ford recently announced the company will be <a href="https://www.benzinga.com/25/05/45129156/jim-farley-says-ford-will-delay-price-hike-to-see-how-competitors-react-to-tariffs-extends-employee-pricing-through-july">delaying the planned hike</a> in price for its products. The company also extended its employee price program through July.
Ford manufactures over 80% of its vehicles domestically, which could give it an edge in the auto tariff uncertainty over competitors. However, Farley shared that the company was working closely with the Trump administration amid the incumbent's decision to <a href="https://www.benzinga.com/25/04/45059191/donald-trump-will-reduce-impact-on-us-auto-industry-by-alleviating-some-auto-tarrifs-report">alleviate some duties</a> on the industry.
Ford also <a href="https://www.benzinga.com/25/04/44888445/ford-reportedly-halts-vehicle-shipments-to-china-amid-rising-tariffs">halted shipments </a>of its products, like the F-150, Ford Mustang, as well as Bronco SUVs, among others, to China as U.S.-China trade tensions continue to rise and affect supply chains.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="205" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02025355/Ford-May-2-2025-1024x205.jpg" alt="" class="wp-image-898437" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02025355/Ford-May-2-2025-1024x205.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02025355/Ford-May-2-2025-300x60.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02025355/Ford-May-2-2025-768x154.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02025355/Ford-May-2-2025-1536x307.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02025355/Ford-May-2-2025.jpg 1649w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
F stock scores well on Growth and Value metrics, and has satisfactory Momentum.  For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge</a> today!
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/markets/25/05/45133236/chrysler-jeep-owner-stellantis-to-move-some-auto-production-into-the-us-to-avoid-tariffs">Chrysler, Jeep Owner Stellantis To Move Some Auto Production Into US Amid Trump Tariff Uncertainty</a></li>
</ul>
Image Via Shutterstock

General

Jim Farley Says Ford Sales Grew 16% In April Ahead Of Earnings Call: 'Customers have really responded to our...'

A recent study investigating the real-world impact of generative artificial intelligence tools like ChatGPT indicates that the technology has yet to provide the wide-ranging productivity benefits many touted, and may even be leading to extra work for some workers.
What Happened: Economists from the University of Chicago and the University of Copenhagen examined data from 25,000 Danish workers between 2023 and 2024 across 11 professions seen as liable to automation, like accounting and software development. 
Despite the speedy adoption of AI chatbots in these sectors, the researchers found no significant alterations in wages or hours spent working.
See Also: <a href="https://www.benzinga.com/markets/equities/25/05/45158582/roblox-targets-10-global-gaming-market-share-with-ai-genre-expansion-and-brand-partnerships">Roblox Plots Aggressive Expansion With AI And Brand Partnerships — Sees Path To 10% Of Gaming Market</a>
Why It Matters: According to the study, while 64–90% of users saved a little bit of time by implementing AI tools, they were also faced with new responsibilities like checking AI output or monitoring student usage of ChatGPT. 
These news tasks came up for 8.4% of workers, offsetting anticipated efficiency gains. On average, users saved just one hour per week, and only a small portion of that translated into higher pay.
The study comes in the heels of Microsoft CEO Satya Nadella's disclosure about AI writing <a href="https://www.benzinga.com/tech/25/04/45093643/ai-is-reshaping-coding-at-microsoft-says-nadella-30-of-code-now-ai-generated">up to 30% of the company's code</a>, and President Donald Trump&#8216;s executive order <a href="https://www.benzinga.com/general/education/25/04/45005327/trump-pushes-ai-education-in-schools-rolling-back-obama-era-policies-and-cracking-down-on-foreign-funds-ai-seems-to-be-where-its-at">promoting AI education in schools</a>.
At the same time, it also calls into question the claims made about AI and productivity by tech and business leaders, like Nadella's statements about AI <a href="https://www.benzinga.com/news/25/03/44066026/satya-nadella-says-ai-agents-will-replace-knowledge-work-but-theres-one-role-humans-will-always-need-to-play">redefining knowledge work</a>, Mark Cuban's view of AI as the <a href="https://www.benzinga.com/25/04/44600269/mark-cuban-argues-ais-new-sht-will-drive-growth-not-deflation">"greatest growth and productivity engine ever"</a> and Jamie Dimon's comments about how AI will <a href="https://www.benzinga.com/markets/equities/25/02/43761822/jamie-dimon-says-ai-will-change-your-jobs-but-it-may-eliminate-some-careers-as-well-reskill-and-redeploy-people">"eliminate"</a> some careers.
Read Next: 
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45149535/microsoft-stock-rallies-on-q3-strength-of-azure-analyst-says-company-is-sole-ai-leader-in-both-apps-and-infrastructure">Microsoft Stock Rallies On Q3 Strength Of Azure: Analyst Says Company Is &#8216;Sole AI Leader In Both Apps And Infrastructure&#8217;</a></li>
</ul>
Image Via Shutterstock

Education

AI Was Supposed To Save Time, But Many Workers Are Ending Up With More Tasks: Study

<h3>Companies Reporting Before The Bell</h3>
• Franklin Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEN#NYSE">BEN</a>) is estimated to report quarterly earnings at $0.47 per share on revenue of $1.98 billion. 
• Arbor Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABR#NYSE">ABR</a>) is estimated to report quarterly earnings at $0.29 per share on revenue of $79.89 million. 
• American Axle &amp; Mfg Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXL#NYSE">AXL</a>) is expected to report quarterly earnings at $0.06 per share on revenue of $1.43 billion. 
• Liberty Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBTYA#NASDAQ">LBTYA</a>) is expected to report quarterly loss at $0.83 per share on revenue of $1.08 billion. 
• Madison Square Garden (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSGS#NYSE">MSGS</a>) is expected to report quarterly earnings at $1.30 per share on revenue of $427.39 million. 
• United States Cellular (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USM#NYSE">USM</a>) is estimated to report quarterly earnings at $0.37 per share on revenue of $925.42 million. 
• Telephone and Data Sys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDS#NYSE">TDS</a>) is likely to report quarterly loss at $0.02 per share on revenue of $1.19 billion. 
• FuboTV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FUBO#NYSE">FUBO</a>) is likely to report quarterly loss at $0.03 per share on revenue of $415.45 million. 
• Terex (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEX#NYSE">TEX</a>) is estimated to report quarterly earnings at $0.57 per share on revenue of $1.25 billion. 
• WisdomTree (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WT#NYSE">WT</a>) is projected to report quarterly earnings at $0.15 per share on revenue of $108.98 million. 
• Criteo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRTO#NASDAQ">CRTO</a>) is likely to report quarterly earnings at $0.77 per share on revenue of $260.12 million. 
• Wendy's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WEN#NASDAQ">WEN</a>) is likely to report quarterly earnings at $0.20 per share on revenue of $526.63 million. 
• Brookfield Renewable (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEP#NYSE">BEP</a>) is estimated to report quarterly loss at $0.40 per share on revenue of $1.70 billion. 
• Brookfield Renewable (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEPC#NYSE">BEPC</a>) is likely to report quarterly loss at $0.25 per share on revenue of $2.16 billion. 
• SES AI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SES#NYSE">SES</a>) is likely to report quarterly earnings at $0.26 per share on revenue of $351.00 million. 
• Fulgent Genetics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLGT#NASDAQ">FLGT</a>) is projected to report quarterly loss at $0.18 per share on revenue of $71.26 million. 
• Perella Weinberg (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PWP#NASDAQ">PWP</a>) is projected to report quarterly earnings at $0.21 per share on revenue of $205.52 million. 
• Fluor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLR#NYSE">FLR</a>) is likely to report quarterly earnings at $0.50 per share on revenue of $4.18 billion. 
• Brookfield Bus Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBU#NYSE">BBU</a>) is expected to report earnings for its first quarter. 
• Atmus Filtration Techs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATMU#NYSE">ATMU</a>) is likely to report quarterly earnings at $0.59 per share on revenue of $421.40 million. 
• nVent Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVT#NYSE">NVT</a>) is expected to report quarterly earnings at $0.66 per share on revenue of $790.29 million. 
• Cinemark Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNK#NYSE">CNK</a>) is projected to report quarterly loss at $0.25 per share on revenue of $522.45 million. 
• Westlake Chemical (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WLKP#NYSE">WLKP</a>) is expected to report quarterly earnings at $0.38 per share on revenue of $295.59 million. 
• Xenia Hotels &amp; Resorts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XHR#NYSE">XHR</a>) is likely to report quarterly earnings at $0.42 per share on revenue of $273.46 million. 
• AirSculpt Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRS#NASDAQ">AIRS</a>) is estimated to report quarterly loss at $0.03 per share on revenue of $39.25 million. 
• City Office REIT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIO#NYSE">CIO</a>) is expected to report quarterly earnings at $0.28 per share on revenue of $42.20 million. 
• Johnson Outdoors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JOUT#NASDAQ">JOUT</a>) is expected to report quarterly earnings at $0.21 per share on revenue of $168.05 million. 
• AES (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AES#NYSE">AES</a>) is estimated to report quarterly earnings at $0.46 per share on revenue of $3.10 billion. 
• Patria Investments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAX#NASDAQ">PAX</a>) is projected to report quarterly earnings at $0.25 per share on revenue of $85.63 million. 
• Cboe Global Markets (BATS:<a class="ticker" href="https://www.benzinga.com/stock/CBOE#BATS">CBOE</a>) is likely to report quarterly earnings at $2.36 per share on revenue of $559.99 million. 
• T. Rowe Price Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>) is projected to report quarterly earnings at $2.13 per share on revenue of $1.78 billion. 
• Eaton Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETN#NYSE">ETN</a>) is estimated to report quarterly earnings at $2.71 per share on revenue of $6.25 billion. 
• Apollo Global Management (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>) is projected to report quarterly earnings at $1.96 per share on revenue of $4.64 billion. 
• Westlake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WLK#NYSE">WLK</a>) is projected to report quarterly earnings at $0.65 per share on revenue of $2.95 billion. 
• Chevron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) is likely to report quarterly earnings at $2.18 per share on revenue of $48.08 billion. 
• MISTRAS Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MG#NYSE">MG</a>) is projected to report quarterly earnings at $0.90 per share on revenue of $9.68 billion. 
• ING Groep (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ING#NYSE">ING</a>) is estimated to report earnings for its first quarter. 
• Shell (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHEL#NYSE">SHEL</a>) is expected to report quarterly earnings at $1.65 per share on revenue of $79.13 billion. 
• IES Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IESC#NASDAQ">IESC</a>) is projected to report earnings for its second quarter. 
• Magna International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGA#NYSE">MGA</a>) is likely to report quarterly earnings at $0.86 per share on revenue of $9.73 billion. 
• Piper Sandler (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PIPR#NYSE">PIPR</a>) is likely to report quarterly earnings at $2.85 per share on revenue of $367.73 million. 
• Proto Labs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRLB#NYSE">PRLB</a>) is likely to report quarterly earnings at $0.29 per share on revenue of $123.71 million. 
• Cigna Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CI#NYSE">CI</a>) is estimated to report quarterly earnings at $6.35 per share on revenue of $60.39 billion. 
• BrightSpring Health (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTSG#NASDAQ">BTSG</a>) is estimated to report quarterly earnings at $0.09 per share on revenue of $2.74 billion. 
• Amneal Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMRX#NASDAQ">AMRX</a>) is estimated to report quarterly earnings at $0.15 per share on revenue of $715.49 million. 
• DuPont de Nemours (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DD#NYSE">DD</a>) is projected to report quarterly earnings at $0.95 per share on revenue of $3.04 billion. 
• inTest (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/INTT#AMEX">INTT</a>) is likely to report quarterly loss at $0.10 per share on revenue of $28.07 million. 
• Butterfly Network (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BFLY#NYSE">BFLY</a>) is projected to report quarterly loss at $0.07 per share on revenue of $21.16 million. 
• Interface (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TILE#NASDAQ">TILE</a>) is estimated to report quarterly earnings at $0.21 per share on revenue of $297.11 million. 
• Vince Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNCE#NYSE">VNCE</a>) is projected to report quarterly loss at $0.09 per share on revenue of $72.98 million. 
• NatWest Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NWG#NYSE">NWG</a>) is expected to report earnings for its first quarter. 
• AdvanSix (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASIX#NYSE">ASIX</a>) is projected to report quarterly earnings at $0.82 per share on revenue of $347.25 million. 
• Exxon Mobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) is expected to report quarterly earnings at $1.70 per share on revenue of $86.09 billion. 
• Brookfield Business (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBUC#NYSE">BBUC</a>) is estimated to report earnings for its first quarter. 
<h3>Companies Reporting After The Bell</h3>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AIRS

AMRX

ASIX

ATMU

BBUC

BEPC

BFLY

BTSG

CBOE

CRTO

FLGT

FUBO

IESC

INTT

JOUT

LBTYA

MSGS

PIPR

PRLB

PowerShares Exchange Traded Fund Trust Dynamic Mid Cap Value Portfolio

SHEL

TILE

TROW

VNCE

WLKP

Earnings Scheduled For May 2, 2025

Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) announced on Thursday it will raise Xbox console prices globally, with U.S. models increasing by up to 27% as the gaming industry grapples with new tariff pressures. The move follows similar price hikes from Sony Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>) and production delays from Nintendo Co. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTDOY#OTC">NTDOY</a>).
What Happened: The tech giant&#8217;s entry-level Xbox Series S will jump from $299.99 to $379.99 in the U.S., while the premium Series X Galaxy Black model will now retail for $729.99, up from $599.99 – representing increases of 27% and 22% respectively. Microsoft will also boost prices for new games from its studios to $79.99, up from $69.99.
&#8220;We understand that these changes are challenging, and they were made with careful consideration given market conditions and the rising cost of development,&#8221; Microsoft stated on its website. 
While not explicitly mentioning tariffs, the announcement comes as President Donald Trump&#8216;s administration has imposed 145% duties on numerous Chinese-manufactured products, including gaming hardware. See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45158118/analyst-cautions-on-snap-as-meta-and-google-benefit-from-ad-spending-shifts">Analyst Cautions On Snap As Meta And Google Benefit From Ad Spending Shifts</a>
Why It Matters: The gaming industry faces unprecedented supply chain disruption as major console makers, who primarily manufacture in China, respond to the new economic landscape. Sony raised PlayStation 5 <a href="https://www.benzinga.com/government/regulations/25/04/44787792/sony-raises-ps5-prices-in-some-countries-by-up-to-25-in-anticipation-of-tariffs?utm_source=chatgpt.com">prices by nearly 25%</a> in Europe, the Middle East, Africa, Australia and New Zealand earlier this month, citing inflation and exchange rates. 
Nintendo<a href="https://www.benzinga.com/25/04/44678084/nintendo-pushes-back-us-preorders-for-switch-2-amid-trump-tariff-impactlaunch-remains-on-track-for-june-things-may-change-in-the-days-ahead?utm_source=chatgpt.com"> delayed U.S. pre-orders</a> for its upcoming Switch 2 console due to tariff concerns. &#8220;We&#8217;re just going to have to actively assess what that impact may be. Things may change in the days ahead,&#8221; said Doug Bowser, President of Nintendo of America, though the June 5 launch date remains unchanged.
Former Microsoft CEO Steve Ballmer warned last week that the escalating tariffs would create <a href="https://www.benzinga.com/media/25/04/44655737/former-microsoft-ceo-steve-ballmer-says-trumps-new-tariffs-could-spark-global-turmoil-hurt-consumers-as-satya-nadella-led-msfts-stock-drops-14-ytd?utm_source=chatgpt.com">&#8220;significant disruption&#8221; </a>across the economy. &#8220;As a Microsoft shareholder, this kind of thing is not good,&#8221; Ballmer said, expressing concern that Trump&#8217;s policies could trigger global economic turmoil and negatively impact consumers and investors alike.
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Image Via Shutterstock
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Entertainment

Gaming

Regulations

NTDOY

Sony Group Corporation American Depositary Shares

SONY

Xbox Prices Surge As Microsoft Cites 'Rising Cost Of Development' Amid Trump Tariffs

Macro Economic Events

Econ #s

Eurozone Manufacturing Purchasing Managers Index For April 49 Vs. 48.7 Est.; 48.6 Prior

Germany Manufacturing Purchasing Managers Index For April 48.4 Vs. 48.0 Est.; 48.3 Prior

France Manufacturing Purchasing Managers Index For April 48.7 Vs. 48.2 Est.; 48.5 Prior

EXA Infrastructure selects Nokia to expand international connectivity network capabilities
<ul>
<li>EXA Infrastructure's modernized network will support data center connectivity with significantly lower cost and power per bit to keep up with demand in the AI era.</li>
<li>Network capacity will increase by as much as 15% while reducing power and cost per bit by as much as 50%.</li>
<li>The upgrade with Nokia's 1830 Global Express (GX) platform and ICE7 coherent optics enables EXA Infrastructure to better deliver high-speed connectivity services to its customers.</li>
</ul>

Nokia Selected By EXA Infrastructure To Expand Global Network With 1.2T ICE7 Optical Transport Solution

Key commercial terms for the respective 20-year charter agreements include:
<ul>
<li>FLNG Hilli (nameplate capacity of 2.45 MTPA): Expected contract start-up in 2027, net charter hire to Golar of US$ 285 million per year, plus a commodity linked tariff component of 25% of Free on Board ("FOB") prices in excess of US$ 8/mmbtu.</li>
<li>MKII FLNG (nameplate capacity of 3.5 MTPA): Expected contract start-up in 2028, net charter hire to Golar of US$ 400 million per year, plus a commodity linked tariff component of 25% of FOB prices in excess of US$ 8/mmbtu.</li>
</ul>

GLNG

Golar Secures 20-Year FLNG Hilli And MKII FLNG Charters With SESA, Adding $13.7B Earnings Backlog

Pearson Reports 1% Underlying Group Sales Growth In Q1, With Acceleration Expected In Second Half ; Reaffirms 2025 Guidance With Strong Financial Position And £350M Share Buyback Underway

ING Groep (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ING#NYSE">ING</a>) reported quarterly earnings of $0.49 per share which beat the analyst consensus estimate of $0.46 by 7.39 percent. This is a 5 percent decrease over earnings of $0.52 per share from the same period last year. The company reported quarterly sales of $5.93 billion which beat the analyst consensus estimate of $5.60 billion by 5.85 percent. This is a 2.23 percent decrease over sales of $6.06 billion the same period last year.

ING Groep Q1 EPS $0.49 Beats $0.46 Estimate, Sales $5.93B Beat $5.60B Estimate

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Planet Green Holdings Corp. Received Audit Opinion with Going Concern Explanation

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