Pennant Gr (NASDAQ:PNTG) Bolsa

Pennant Gr

Pennant Group Inc is engaged in providing healthcare services to patients of all ages, including the growing senior population, in the United States. It operates in multiple lines of business including home health, hospice, and senior living which includes the company's assisted living, independent living, and memory care communities across Arizona, California, Colorado, Idaho, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin, and Wyoming. The company generates majority of its revenue from home health and hospice services segment, which includes its home health, hospice and home care businesses.

Pennant Group

Pennant Group Inc

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is set to introduce a slimmer iPhone 17 Air model, marking a potential shift <a href="https://www.benzinga.com/tech/25/02/43903365/apple-ditches-budget-smartphone-segment-with-iphone-16e-launch">towards portless iPhones</a>.
Bloomberg&#8217;s Mark Gurman, in his <a href="https://www.bloomberg.com/news/newsletters/2025-03-16/apple-iphone-17-air-foldable-iphone-details-ai-crisis-to-haunt-top-100-event-m8bl3a9c?srnd=undefined&amp;sref=TBDibEcD">latest</a> weekly &#8220;Power On&#8221; column, writes that the upcoming iPhone 17 Air is expected to be thinner than its predecessors, offering a blend of high-end and basic features. Despite its slim design, the device is designed to maintain a battery life similar to current iPhones.
The thin design necessitated substantial engineering efforts, including the redesign of&nbsp;display and silicon components, as&nbsp;well as software enhancements to improve device efficiency. 
However, compromises were made, such as a single 48-megapixel camera and the removal of&nbsp;a physical SIM card slot.
Also Read: <a href="https://www.benzinga.com/tech/25/03/44211544/apple-breaks-tradition-with-a-flood-of-new-releases-explores-smart-glasses">Apple Breaks Tradition With A Flood Of New Releases; Explores Smart Glasses</a>
The new model will feature Apple&#8217;s in-house modem chip, the C1, which&nbsp;is more power-efficient than those&nbsp;from Qualcomm Inc. This modem will contribute to the thin design of the Air model.
Apple initially aimed for a more ambitious design with this model, including a completely port-free iPhone. However, concerns about upsetting&nbsp;European Union regulators, who mandated&nbsp;the iPhone switch to USB-C, led to the retention of the USB-C connector in the new iPhone.
If the iPhone 17 &#8220;Air&#8221; proves successful, Apple plans to attempt port-free iPhones and transition&nbsp;more of its models to&nbsp;this slimmer approach. 
The company is also planning&nbsp;to use technologies from the&nbsp;iPhone 17 &#8220;Air&#8221; to create future models, including a foldable version expected as early as 2026. 
This move could potentially revolutionize the smartphone industry, setting a new standard for slim, efficient, and portless designs.
Read Next
<a href="https://www.benzinga.com/tech/25/03/44068020/apples-ai-crisis-falling-behind-in-the-ai-race" target="_blank" rel="noreferrer noopener">Apple's AI Crisis: Falling Behind In The AI Race?</a>

News

Tech

AAPL

Apple's iPhone 17 Air to Usher in New Era of Slimmer, Portless Models

A growing share of Americans are dipping into their retirement nest eggs to handle immediate financial challenges, underlining the <a href="https://www.benzinga.com/25/03/44262764/kohls-ceo-warns-of-pretty-challenging-environment-for-consumers-expects-value-seeking-to-grow-over-next-3-months">economic strain many households are experiencing</a> despite strong employment figures.
Last year, 4.8% of 401(k) account holders took early withdrawals for hardship reasons like paying medical bills or paying their home mortgage, according to <a href="https://institutional.vanguard.com/content/dam/inst/iig-transformation/has/2025-preview/251114.01_HASPRE_COMM_Commentary_v7_a11y.pdf">data from Vanguard Group</a>. It marks an all-time high, jumping from 3.6% the previous year and more than doubling the typical pre-COVID rate of about 2%.
 The increase comes as Americans navigate contradictory economic conditions.&nbsp;
Don't Miss:
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<li>Can you guess how many retire with a $5,000,000 nest egg? <a href="https://www.benzinga.com/money/5mil-nest-egg-adv">The percentage may shock you</a>.</li>
<li>Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die."<a href="https://www.benzinga.com/money/warren-buffet-make-money-when-you-sleep"> Here&#8217;s how you can earn passive income with just $100.</a></li>
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While unemployment remains low—the Labor Department <a href="https://www.dol.gov/ui/data.pdf">reported Thursday</a> that jobless claims fell to 2,000 from the previous week to 220,000—and wages are rising, persistent inflation in essential categories like groceries continues to strain household budgets. <a href="https://www.wsj.com/personal-finance/retirement/401k-retirement-emergency-savings-americans-6a5dfed0?mod=hp_lead_pos10">The Wall Street Journal</a> noted <a href="https://www.benzinga.com/general/market-summary/25/02/43889033/consumer-sentiment-drops-10-unitedhealth-under-investigation-whats-driving-markets-friday">declining consumer sentiment</a> alongside rising delinquencies in vehicle financing and credit card debt.
David Stinnett, head of strategic retirement consulting at Vanguard offered a measured perspective to the Journal, saying that while financial hardship itself isn&#8217;t positive, &#8220;having savings to turn to is a positive.&#8221; 
Two key factors are driving the trend. Workplace retirement plans are becoming more widespread through automatic enrollment practices. Vanguard&#8217;s figures show that 61% of retirement plans under its management now automatically sign up new employees, compared to just 36% a decade ago.
Trending: It&#8217;s no wonder Jeff Bezos holds over $250 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started. </a>
Second, regulatory changes have simplified the process of accessing retirement savings during difficult times. Legislation passed in 2018 removed the previous mandate to exhaust 401(k) loan options before requesting hardship distributions. Additionally, another law passed in 2022 created provisions for emergency withdrawals up to $1,000 annually without penalties, provided the money is returned before subsequent withdrawals. 
Among those making hardship withdrawals last year, 35% did so to avoid foreclosure or eviction, down from 39% in 2023. About 16% used the funds to purchase or repair a home. The median withdrawal amount was $2,200, according to the Journal.
Traditional 401(k) hardship withdrawals still come with costs. Account holders must pay income tax on the withdrawn amount and typically face a 10% penalty if they&#8217;re younger than 59 and-a-half.
See Also: <a href="https://www.benzinga.com/money/suze-orman-retirement-bucket">&#8216;Which Bucket Do I Draw From First?&#8217; Suze Orman Explains To 67-Year-Old The Best Order For Tapping Into Her Retirement Accounts</a>
Despite the increase in early withdrawals, overall 401(k) balances rose by an average of 10% in 2024, reaching a record high of $148,153. The share of participants with outstanding 401(k) loans remained steady at 13%, unchanged from 2023 levels.
As more employers not only automatically enroll workers but also automatically increase their contribution rates—typically by 1% annually until reaching about 10% of pay—retirement accounts are increasingly serving as de facto emergency funds for Americans facing financial difficulties.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a></li>
<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>
</ul>

Personal Finance

Why Millions Of Americans Are Tapping Their 401(k) Savings Early

NBA icon Shaquille O&#8217;Neal once exhausted a $1 million paycheck in a single day, oblivious to the fact that a portion of his <a href="https://www.benzinga.com/general/sports/24/12/42500103/shaquille-oneals-250k-accidental-investment-turns-into-a-fortune-after-business-booms">earnings were earmarked for taxes</a>.
What Happened: O&#8217;Neal disclosed this financial faux pas during an episode of the financial literacy podcast &#8220;Earn Your Leisure.&#8221; The retired basketball superstar confessed that he had already mapped out his spending plans even before the money landed in his bank account.
Upon receipt of a $1 million check from his agent, O&#8217;Neal promptly splurged on a black Mercedes for $150,000. Subsequently, he was convinced to purchase two more luxury vehicles for his parents, with jewelry and suits also making it to his shopping list.
During the <a href="https://www.youtube.com/watch?v=XByJpQzl2DY">interview</a>, O&#8217;Neal conceded that he was uninformed about the deductions made for&nbsp;payroll taxes under the Federal&nbsp;Insurance Contributions Act (FICA). 
"I don't know no&#8230;FICA. They took [something like] $200,000," he said.
Also Read: <a href="https://www.benzinga.com/general/sports/25/03/44209990/nba-legend-shaqs-walmart-shopping-spree-ends-in-credit-card-decline-heres-how-much-he-tried-to-spend">NBA Legend Shaq&#8217;s Walmart Shopping Spree Ends In Credit Card Decline—Here&#8217;s How Much He Tried To Spend</a>
After depleting the money, he was taken aback to discover from his bank manager that he had spent his entire paycheck. This incident served as a wake-up call for him to educate himself about taxes to prevent similar financial missteps in the future.
"I had no idea what FICA, and income, state tax, sales tax were. So then I said, ‘Okay, I don't want to be like the rest of these NBA players, I got to teach myself,'&#8221; he added during the podcast. 
Why It Matters: O&#8217;Neal&#8217;s story underscores the importance of financial literacy, particularly for high-income individuals who may face complex tax situations. 
His experience serves as a reminder that understanding the basics of personal finance, including tax deductions, is crucial to avoid costly mistakes. 
It also highlights the need for financial education to be more accessible and widespread, so individuals can make informed decisions about their money.
Read Next
<a href="https://www.benzinga.com/general/sports/24/11/42026306/nba-legend-shaqs-daughter-breaks-silence-on-dads-career-defying-family-expectations-its-a-no-go-for-me" target="_blank" rel="noreferrer noopener">NBA Legend Shaq&#8217;s Daughter Breaks Silence On Dad&#8217;s Career, Defying Family Expectations: ‘It&#8217;s A No Go For Me&#8217;</a>

Sports

Shaq Once Spent $1 Million in a Day on Luxury, Then Realized Taxes Took a Huge Cut

The burn rate of Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) has skyrocketed by over 62,000%, resulting in the removal of 505 million SHIB tokens from circulation within a single day.
What Happened: The burn rate of Shiba Inu surged by an astounding 62,000%, leading to the permanent removal of 505.6 million SHIB from circulation. A single transaction was responsible for the burn of 459.3 million SHIB, leading to speculation about its potential effect on SHIB&#8217;s price action.
Shibarium, the Layer-2 blockchain of Shiba Inu, saw a significant rise in daily transactions, from 69,800 on March 12 to 1.46 million on March 13. According to data from IntoTheBlock, large SHIB transactions increased by 64%, while daily active addresses grew by 1.1%.
<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">HOURLY SHIB UPDATE<a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> Price: $0.00001268 (1hr -1.44% ▼ &#x7C; 24hr -0.51% ▼ ) Market Cap: $7,473,510,302 (-0.54% ▼) Total Supply: 589,254,668,976,984 TOKENS BURNT Past 24Hrs: 796,088 (-71.55% ▼) Past 7 Days: 535,582,404 (507.03% ▲)
&mdash; Shibburn (@shibburn) <a href="https://twitter.com/shibburn/status/1901242087405649972?ref_src=twsrc%5Etfw">March 16, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
On-chain data shows that 104.14 trillion SHIB ($1.27 billion) is now &#8220;in the money&#8221;, indicating profitable investments for many. However, a staggering 846.99 trillion SHIB remains "out of the money," signifying losses for a large number of holders.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43768843/shiba-inu-coin-burns-over-58-million-tokens-as-weekly-price-increases">Shiba Inu Coin Burns Over 58 Million Tokens As Weekly Price Increases</a>
As of the time of reporting, SHIB is trading at $0.00001215, with a market cap of $7.16 billion and a 24-hour trading volume exceeding $200 million. 
The development team of Shiba Inu is also expanding its ecosystem, with the marketing lead announcing Shib OS, a decentralized governance platform, on March 13.
Why It Matters: The sudden surge in Shiba Inu&#8217;s burn rate and the removal of a significant number of tokens from circulation could potentially impact the token&#8217;s price. 
The increase in daily transactions on Shibarium and the growth in daily active addresses indicate a heightened activity around SHIB. However, with a large amount of SHIB still "out of the money," the future price action of SHIB remains uncertain. 
Read Next
<a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42935252/shiba-inu-burns-skyrocket-by-300-amid-calls-for-larger-burns-from-shib-army" target="_blank" rel="noreferrer noopener">Shiba Inu Burns Skyrocket by 300% Amid Calls for Larger Burns From SHIB Army</a>

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

Cryptocurrency

Markets

$SHIB

Shiba Inu's Burn Rate Soars, Removing 505 Million Tokens From Circulation

Former NBA superstar Allen Iverson is taking a swing at the golf industry. Iverson, who once lost a $200 million fortune, is now attempting to rebuild his wealth through a venture into golf. 
What Happened: This new endeavor is in partnership with sportswear giant Reebok and fellow NBA legend Shaquille O'Neal. Iverson, who amassed $155 million during his 17-year NBA career, found himself filing for bankruptcy in 2012. 
His financial downfall was a result of excessive spending on luxury cars, jewelry, and extravagant nights out, reports <a href="https://talksport.com/basketball/2085310/allen-iverson-net-worth-reebok-golf-shaquille-oneal/">the </a>Talksport. 
However, Iverson&#8217;s financial prospects improved significantly after striking a deal with Reebok. This partnership guarantees him an annual income of $800,000 and a $32 million trust fund when he turns 55. 
In 2020, he took on the role of vice-president of the basketball division at Reebok, working under NBA icon, Shaquille O'Neal.
Also Read: <a href="https://www.benzinga.com/general/sports/25/03/44209990/nba-legend-shaqs-walmart-shopping-spree-ends-in-credit-card-decline-heres-how-much-he-tried-to-spend">NBA Legend Shaq&#8217;s Walmart Shopping Spree Ends In Credit Card Decline—Here&#8217;s How Much He Tried To Spend</a>
In addition to this, Iverson has ventured into the cannabis industry, launching his own strain in collaboration with ex-NBA star Al Harrington, founder of cannabis company Viola. 
Despite his previous financial struggles, Iverson&#8217;s net worth is now estimated at $1 million.
Why It Matters: Reebok, which was bought by Authentic Brands Group in 2021 for approximately $2.5 billion, is now launching a golf range. 
The new line features the Question Golf, a shoe that pays homage to Iverson and his basketball silhouette. This venture into golf represents a significant shift for Iverson, who is best known for his achievements on the basketball court. 
It also signifies a strategic move by Reebok to diversify its product offerings and tap into the lucrative golf market.
Read Next
<a href="https://www.benzinga.com/general/sports/24/12/42500103/shaquille-oneals-250k-accidental-investment-turns-into-a-fortune-after-business-booms" target="_blank" rel="noreferrer noopener">Shaquille O'Neal's $250K ‘Accidental' Investment Turns Into A Fortune After Business Booms</a>

'I Blew $200M On Cars And Parties—Now I'm Back As A Millionaire With Shaq's $2.5B Brand,' Says Former NBA Superstar Allen Iverson

Billionaire investor&nbsp;Mark Cuban&nbsp;emphasized the significance of trusting one&#8217;s instincts, particularly for small business owners, as a key to achieving success.
What Happened: During a recent interview, Cuban highlighted the necessity for entrepreneurs to stay focused on their personal objectives and disregard irrelevant advice. 
At 66, Cuban cautioned entrepreneurs against being influenced by diverse ideas that could potentially overshadow a promising opportunity. 
He recommended selling to customers rather than being sold to by them. However, he also underscored the value of customer feedback, especially when a product or service does not meet expectations.
"When you're just getting started in a small business, it's easy to drown an opportunity if you let yourself get pulled by different ideas. People tell you, ‘Oh I love your product, but I would buy more if you only did this or if you change just one little thing.' You have to sell to them versus them selling to you," Cuban <a href="https://www.cnbc.com/2025/03/14/billionaire-mark-cuban-you-need-this-personality-trait-to-be-successful.html">told</a> CNBC.
Also Read: <a href="https://www.benzinga.com/tech/25/03/44067809/mark-cuban-shares-two-things-hed-do-at-12-to-succeed-and-they-work-for-everyone">Mark Cuban Shares Two Things He&#8217;d Do At 12 To Succeed — And They Work For Everyone</a>
Cuban suggested that sales figures are a reliable measure of a business&#8217;s trajectory.&nbsp;&#8220;When you see there&#8217;s no&nbsp;money coming in,&#8221; that&#8217;s an indication to modify strategies, he advised.
Cuban also shared his personal journey of confidence-building, a characteristic he believes is not inherently present in everyone. He developed his confidence by learning to dance, an activity that&nbsp;made him feel competent and&nbsp;capable of acquiring new skills.
Why It Matters: Cuban&#8217;s advice comes at a time when many small businesses are struggling to navigate the challenges of the market. 
His emphasis on trusting one&#8217;s instincts, focusing on personal goals, and the importance of customer feedback provide valuable insights for entrepreneurs. 
His personal journey of building confidence also serves as an inspiration for many who are in the process of developing their own businesses.
Read Next
<a href="https://www.benzinga.com/news/25/02/43581429/mark-cubans-400k-bet-on-teen-founder-comes-with-an-unexpected-invitation-i-want-my-daughters-to-meet-you-and-learn-from-you" target="_blank" rel="noreferrer noopener">Mark Cuban's $400K Bet On Teen Founder Comes With An Unexpected Invitation: ‘I Want My Daughters To Meet You, And Learn From You'</a>

Success Stories

Mark Cuban Reveals the Key Personality Trait You Need to Succeed

<h2 class="wp-block-heading">Man Sentenced To 78 Months In Prison For Tax Crimes, Investment Fraud</h2>
Rick Tariq Rahim of Great Falls, Virginia <a href="https://www.justice.gov/opa/pr/virginia-businessman-sentenced-tax-and-investment-fraud">was sentenced</a> on Friday to 78 months in prison for tax crimes and a wire <a href="https://www.benzinga.com/government/regulations/25/02/43903335/financial-crime-weekly-1-4-billion-ethereum-stolen-in-largest-crypto-hack-ever-sec-creates-cyber-and-emerging-technologies-unit">fraud scheme.&nbsp;</a>
Rahim owned multiple businesses, including laser tag facilities and an Amazon reseller, failed to pay the IRS taxes withheld from employees' wages and neglected to file quarterly employment tax returns from 2015 to 2021.&nbsp;
Read Next: <a href="https://www.benzinga.com/government/regulations/25/03/44310724/doge-cuts-to-ftc-sow-confusion-in-case-against-amazon">DOGE Cuts To FTC Sow Confusion In Case Against Amazon</a>&nbsp;
Additionally, between 2010 and 2012, he filed personal tax returns showing significant liabilities but did not pay the owed amounts. Rahim provided false information to the IRS, omitting assets such as a helicopter, luxury cars –including a Bentley and Lamborghini– and real estate. Shortly after, he transferred ownership of his Great Falls property to his wife.
Despite earning over $34 million in gross income since 2012, Rahim has not filed a personal tax return during that period, causing the IRS at least $4.4 million in losses.
Rahim also defrauded investors through automated trading bots marketed on social media platforms like TikTok, YouTube, and Discord. He falsely claimed to beat the stock market daily and promised high returns while showcasing his wealth with luxury items and properties.&nbsp;
However, he concealed trading losses exceeding $500,000 from February 2021 to December 2022. He earned at least $1.4 million in subscription fees, but lost over $300,000 of clients' funds within eight months.
As part of his sentence, Rahim agreed to forfeit over $1.3 million and pay restitution to both the IRS and victims of his investment fraud.
<h2 class="wp-block-heading">Woman Convicted Of $20 Million Insurance Fraud, Money Laundering </h2>
A federal jury on Tuesday convicted Maureen Wilson of Owings Mills, Maryland, for her involvement in a massive insurance fraud scheme. Wilson was found guilty of conspiracy to commit insurance fraud, wire fraud, money laundering and filing <a href="https://www.justice.gov/opa/pr/maryland-woman-convicted-20m-insurance-fraud-scheme">false tax returns</a>.
The evidence presented at trial revealed that Wilson and her husband, James Wilson, orchestrated a complex fraud operation involving over 40 life insurance policies with total death benefits exceeding $20 million. They misrepresented applicants&#8217; health, wealth and existing life insurance coverage to obtain these policies fraudulently.
To further their scheme, the Wilsons defrauded individual investors to secure funds for paying premiums on the fraudulently obtained life insurance policies. They attempted to conceal their illicit gains by transferring money through multiple bank accounts, including trust accounts.
Wilson also filed false individual income tax returns for 2018 and 2019, failing to report approximately $5.7 million and $2 million in fraudulent income, respectively.
The jury convicted Wilson on multiple charges, including conspiracy to commit mail and wire fraud, mail fraud, wire fraud, conspiracy to commit money laundering, money laundering and filing false tax returns.
Sentencing is scheduled for June 20, where Wilson faces a maximum penalty of 20 years in prison for each count of conspiracy, wire fraud, mail fraud and money laundering, as well as up to three years for each count of filing a false tax return.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/25/03/44253259/uncertainty-rocks-the-trump-trade-how-maga-seven-stocks-look-now">Uncertainty Rocks The Trump Trade: How &#8216;MAGA Seven&#8217; Stocks Look Now</a></li>
</ul>
Image: Shutterstock&nbsp;

Legal

Financial Crime Weekly: Man Sentenced To 78 Months For Investment Scheme, Woman Convicted Of $20 Million Insurance Fraud

A man with apparent animosity towards Elon Musk was captured on camera vandalizing&nbsp;a Cybertruck in New York&nbsp;City. The perpetrator, identified as Michael Lewis, was later apprehended by the police.
What Happened: Lewis was spotted defacing a Cybertruck with a swastika. The vehicle was parked on Washington Avenue in Prospect Heights, Brooklyn. Avi Ben Hamo, the vehicle&#8217;s owner, witnessed the act from the other side of the street.
Following the act of vandalism, Lewis tried to escape but was intercepted by Ben Hamo, who had dialed 911. Lewis deserted his car and fled on foot, only to return an hour and a half later to collect his vehicle. Upon his return, he was arrested by the police, <a href="https://nypost.com/2025/03/15/us-news/deranged-anti-elon-musk-dad-scrawls-swastika-on-nyc-cybertruck-in-broad-daylight/">reports</a> The New York Post.
Lewis was initially charged with aggravated harassment. However, his attorney, Mark Luccarelli, contended that no crime was committed as the vehicle was not damaged.
"I feel myself burning inside," Ben Hamo said.
Also Read: <a href="https://www.benzinga.com/news/24/09/40971831/putin-ally-who-unveiled-tesla-cybertruck-with-machine-gun-last-month-now-says-elon-musk-remotely-dis">Putin Ally Who Unveiled Tesla Cybertruck With Machine Gun Last Month Now Says Elon Musk &#8216;Remotely Disabled&#8217; The Militarized EV</a>
The Brooklyn district attorney subsequently released Lewis without pressing charges. This event is not an isolated incident but part of a series of recent&nbsp;attacks on Tesla vehicles and&nbsp;infrastructure. 
These attacks are believed to be the work of left-wing groups protesting against spending cuts implemented by Musk&#8217;s Department of Government Efficiency. The New York Post has identified at least five groups responsible for these attacks.
The vandalized Cybertruck is the third vehicle to be targeted&nbsp;in New York City in&nbsp;recent days. Other incidents include a Cybertruck being&nbsp;egged and smeared with dog&nbsp;feces, and street signs in Williamsburg encouraging similar acts of vandalism.
Read Next
<a href="https://www.benzinga.com/markets/25/03/44346155/trumps-tesla-shoutout-falls-flat-no-spike-in-orders-or-inventory-movement">Trump&#8217;s Tesla Shoutout Falls Flat — No Spike in Orders or Inventory Movement</a>

Anti-Musk Protester Vandalizes Tesla Cybertruck With Swastika, Shocking Jewish Owner

Business magnate Mark Cuban has imparted some crucial advice to the Gen Z workforce. He underscored the significance of gaining knowledge in artificial intelligence (AI).
What Happened: While addressing the audience at SXSW last week, Cuban shared insights from his past failures and how they molded him into a successful entrepreneur. 
He <a href="https://www.youtube.com/watch?v=vkJfCMycJRk">stated </a>that if he were to start his journey today, his primary focus would be AI. Cuban emphasized that grasping AI and educating others about it could unlock numerous business prospects.
"If I was 16, 18, 20, 21 starting today, I would spend every waking minute learning about AI," Cuban said at SXSW. "Even if I am sleeping, I am listening to podcasts talking about AI," Cuban said. 
Cuban&#8217;s proposed strategy for Gen Z is to familiarize themselves with NotebookLM, an AI tool, and introduce it to small businesses, offering demonstrations at a rate of $25 per hour. He is of the opinion that those who dedicate time to learning AI will outshine in their respective fields.
A staunch supporter of AI, Cuban cautioned that those who do not adopt AI will be left behind. He clarified that AI is a tool, not the solution, and it can be utilized to augment existing skills.
Also Read: <a href="https://www.benzinga.com/news/25/02/43581429/mark-cubans-400k-bet-on-teen-founder-comes-with-an-unexpected-invitation-i-want-my-daughters-to-meet-you-and-learn-from-you" target="_blank" rel="noreferrer noopener">Mark Cuban's $400K Bet On Teen Founder Comes With An Unexpected Invitation: ‘I Want My Daughters To Meet You, And Learn From You'</a>
Cuban said, &#8220;It's up to you to stay ahead of the game and figure out how the technology can transform a business need: "When you run with the elephants, there's the quick and the dead. You've got to be better."
"AI is never the answer. AI is a tool. Whatever skills you have, you can use AI to amplify them," he added.
Furthermore, Cuban highlighted the significance of having the right attitude in entrepreneurship. He values curiosity and the zeal to innovate. He urged entrepreneurs to perceive their product or service as a public service and emphasized that failure is a stepping stone to success.
&#8220;While failing many times is sometimes inevitable in entrepreneurship, getting back up is the pathway to success. It doesn't matter how many times you fail," Cuban said. "You only have to be right one time," Cuban said. 
Why It Matters: AI has been making waves in the business world, and Cuban&#8217;s advice comes at a time when the technology is increasingly being adopted across various industries. His emphasis on AI is a testament to its growing importance in the future of work. 
With AI tools like NotebookLM, Gen Z can equip themselves with the skills needed to thrive in the evolving business landscape. Cuban&#8217;s advice could potentially guide Gen Z in carving out successful careers and staying ahead of the curve.
Read Next
<a href="https://www.benzinga.com/tech/25/03/44067809/mark-cuban-shares-two-things-hed-do-at-12-to-succeed-and-they-work-for-everyone">Mark Cuban Shares Two Things He&#8217;d Do At 12 To Succeed — And They Work For Everyone</a>

Mark Cuban Reveals What He'd Do As A Gen Zer to Get Ahead—Even While Sleeping: 'If I Was 16, 18, 20, 21 Starting Today, I Would Spend Every Waking Minute Learning It'

Elon Musk and OpenAI CEO Sam Altman have decided to speed up their ongoing legal battle concerning OpenAI&#8217;s shift to a for-profit model. The trial is set <a href="https://www.benzinga.com/news/24/03/37766544/elon-musk-is-feuding-with-sam-altman-in-a-major-lawsuit-over-openai-and-one-appears-to-already-have">to take place in December.</a>
What Happened: The two parties have reached a consensus to expedite the trial amidst their legal wrangling. In a court document filed on Friday, Elon Musk and OpenAI proposed to fast-track the trial for their dispute and postpone the decision on whether a jury will be involved in the case.
Musk, who co-founded OpenAI, has been at odds with the company since his departure from its board in 2018. 
He formally instigated the dispute last year by suing OpenAI in a California state court, claiming that the company had &#8220;betrayed&#8221; its mission by introducing a for-profit arm in 2019 and strengthening its alliance with Microsoft in 2023.
Also Read: <a href="https://www.benzinga.com/tech/25/03/44066117/elon-musk-battles-openai-over-move-to-for-profit-model-and-experts-are-pushing-back">Elon Musk Battles OpenAI Over Move To For-Profit Model — And Experts Are Pushing Back</a>
Earlier this month, US District Judge Yvonne Gonzalez Rogers denied Musk&#8217;s request for an injunction on OpenAI&#8217;s restructuring, but agreed to fast-track the trial over &#8220;interrelated contract-based claims&#8221;. OpenAI, for its part, has expressed satisfaction with the decision and is eager to present its case in court.
In February, Musk also made a $97.4 billion acquisition offer for the company, which was promptly turned down by OpenAI CEO Sam Altman.
Why It Matters: This legal dispute is a significant development in the AI industry, as it involves two major players, Elon Musk and OpenAI. 
The outcome of this case could potentially influence the future direction of AI companies and their decision to transition to a for-profit model. Furthermore, the trial&#8217;s expedited timeline indicates the urgency and importance attached to this case by both parties. 
The legal battle also underscores the ongoing tension between Musk and OpenAI, which could have far-reaching implications for their respective roles in the AI sector.
Read Next
<a href="https://www.benzinga.com/tech/24/12/42257564/musk-goes-to-court-to-block-openais-for-profit-transition" target="_blank" rel="noreferrer noopener">Musk Goes To Court To Block OpenAI's For-Profit Transition</a>

Elon Musk And Sam Altman Just Agreed On One Thing—And No, It's Not A Business Deal

The TON (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TON</a>) token has witnessed a significant surge in value, following the recovery of Telegram founder Pavel Durov&#8216;s passport from French authorities.
What Happened: The price of TON has escalated by over 20%, trading above $3.45 and boasting a market capitalization of $8.14 billion. This price hike coincides with the return of Durov&#8217;s passport by French authorities.
The TON Foundation, the organization supporting the Telegram Open Network (TON), voiced its support for Durov on social media. The foundation commended Durov&#8217;s steadfast commitment to upholding online free speech and privacy rights.
<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">TON Foundation Celebrates Pavel Durov&#39;s Passport Return TON Foundation is delighted to learn that Pavel Durov&#39;s passport has been returned to him by French authorities, granting him the freedom to leave the country at his discretion. This news marks a significant moment of… <a href="https://t.co/KkNG7UnJBg">pic.twitter.com/KkNG7UnJBg</a>
&mdash; TON &#x1f48e; (@ton_blockchain) <a href="https://twitter.com/ton_blockchain/status/1900923518281543959?ref_src=twsrc%5Etfw">March 15, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The value of TON has also been positively influenced by the introduction of new features to the Wallet app on Telegram. These enhancements include multiple assets, a yield program, an updated user interface, and more.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42312553/telegram-related-ton-crypto-secures-20-million-raise-from-pantera-capital-down-13-from-all-time-high">Telegram-Related TON Crypto Secures $20 Million Raise From Pantera Capital</a>
Why It Matters: The return of Durov&#8217;s passport and the subsequent rise in TON&#8217;s value underscore the influence of Durov&#8217;s leadership on the cryptocurrency&#8217;s market performance. 
His commitment to privacy and free speech, as well as the introduction of new features to the Wallet app, have bolstered investor confidence, leading to a surge in TON&#8217;s market capitalization.
Read Next
<a href="https://www.benzinga.com/news/24/11/42154443/we-want-to-build-platform-that-allows-us-to-find-consensus-in-community-opinion-says-tons-jack-booth">We Want To Build Platform That Allows Us To Find Consensus In Community Opinion, Says TON Society&#8217;s Jack Booth</a>

$TON

TON Token Value Soars 20% As Telegram Founder Pavel Durov Regains Passport From French Authorities

Recent Internal Revenue Service data reveals that tax refunds are <a href="https://www.benzinga.com/25/03/44295365/trump-wants-no-tax-for-anybody-making-less-than-150000-a-year-says-howard-lutnick-thats-what-im-working-for">substantially larger this year</a>, even though fewer Americans are filing early returns.
According to a Detroit Free Press <a href="https://www.freep.com/story/money/taxes/2025/03/13/irs-receiving-fewer-early-returns/82303587007/" target="_blank" rel="noreferrer noopener">report</a>, this shift presents a valuable opportunity for tax professionals to guide clients through changing tax dynamics.
Larger Refunds for Early Filers
As of Feb. 21, the average federal income tax refund rose to $3,453 — a 7.5% increase from the previous year, <a href="https://www.irs.gov/newsroom/filing-season-statistics-for-week-ending-feb-21-2025" target="_blank" rel="noreferrer noopener">according to the IRS</a>. The IRS has distributed over $102.2 billion in refunds so far, marking a 10% increase over the same period in 2024.
See Also: <a href="https://www.benzinga.com/money/how-to-file-your-own-taxes">A Beginner's Guide: How to File Your Own Taxes in 2025</a>
Decline in Early Filing Numbers
Despite larger refunds, early tax filings have dropped by 4.2% compared to 2024, according to IRS data. This decrease affects both professionally-prepared returns (down 5%) and self-prepared submissions (down 3.3%).
New 1099-K Reporting Requirements
The IRS has lowered the 1099-K reporting threshold to $5,000 (previously $20,000), adding complexity for individuals with side hustles or online sales (IRS, 2025). This change has created confusion among taxpayers, especially regarding the distinction between business income and personal item sales.
Tax professionals should educate clients on accurately reporting these transactions to avoid potential penalties.
IRS Staffing Cuts and Potential Delays
The IRS recently announced the layoff of over 6,000 employees. This staffing reduction raises concerns about slower processing times.
Now Read:
<ul>
<li><a href="https://www.benzinga.com/personal-finance/25/02/43975331/warren-buffett-paid-5-billion-in-taxes-and-says-if-800-other-companies-paid-their-share-no-one-else-would-have-to-pay-a-dime">Warren Buffett: If 800 Other Companies Paid Their Share In Taxes, No One Else Would Have To &#8216;Pay A Dime&#8217;</a></li>
</ul>
Image: Shutterstock

Financial Advisors

Average Tax Refunds Increase In 2025 Despite Fewer Early Filers

The escalating trade tensions between the U.S. and its key trading partners are creating fresh <a target="_blank" href="https://www.benzinga.com/news/econ-s/25/03/44262286/tariff-uncertainty-poses-major-risk-to-us-automakers-how-much-could-ford-gm-earnings-fall" rel="noreferrer noopener">concerns for the automotive industry</a>.
Goldman Sachs analyst warns tariffs pose a significant downside earnings risk for U.S. automakers and industrial tech companies, with potential reductions in vehicle production and rising costs for imported parts.
The U.S.&nbsp;Environmental Protection Agency&nbsp;(EPA) announced on Wednesday that it is starting the process to reverse dozens of Biden administration rules,<a target="_blank" href="https://www.benzinga.com/25/03/44295619/epa-targets-bidens-climate-policies-starts-process-to-reverse-passenger-vehicle-truck-emission-rules" rel="noreferrer noopener"> including vehicle emissions standards</a>.
The Federal Trade Commission requested a delay in its trial against&nbsp;Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), citing resource constraints due to recent cuts by the <a target="_blank" href="https://www.benzinga.com/government/regulations/25/03/44310724/doge-cuts-to-ftc-sow-confusion-in-case-against-amazon" rel="noreferrer noopener">Department of Government Efficiency</a>.
U.S. President&nbsp;Donald Trump&nbsp;has indicated that&nbsp;Meta Platforms&nbsp;Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) could invest up to $60 billion in the <a target="_blank" href="https://www.benzinga.com/markets/25/03/44323127/trump-suggests-meta-may-invest-up-to-60-billion-in-the-us-by-the-end-of-2025" rel="noreferrer noopener">United States by the end of the year</a>.
Earnings
SentinelOne Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/S#NYSE">S</a>) reported fourth-quarter revenue of $225.5 million, beating the&nbsp;consensus estimate of $222.25 million and adjusted earnings of four cents per share, beating<a target="_blank" href="https://www.benzinga.com/news/earnings/25/03/44291341/sentinelone-q4-earnings-revenue-beat-eps-beat-shares-sink-on-soft-guidance" rel="noreferrer noopener"> estimates of one cent per share</a>.
UiPath, Inc. reported fourth-quarter&nbsp;earnings of&nbsp;nine&nbsp;cents per share, which beat the analyst consensus estimate of&nbsp;three&nbsp;cents and revenue of $424 million missed the <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/25/03/44311004/uipath-stock-down-faces-caution-despite-margin-gains-analyst-doubtful-about-companys-ai-transition-capability" rel="noreferrer noopener">consensus estimate of&nbsp;$425.36 million</a>.
Blink Charging (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLNK#NASDAQ">BLNK</a>) reported fourth-quarter&nbsp;losses of&nbsp;15 cents&nbsp;per share, which beat the consensus for losses of 17 cents, and revenue of $30.18 million missed the <a target="_blank" href="https://www.benzinga.com/news/earnings/25/03/44318350/blink-charging-shares-up-slightly-after-q4-results-heres-why" rel="noreferrer noopener">analyst consensus estimate of&nbsp;$30.52 million</a>.
Rubrik (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBRK#NYSE">RBRK</a>) reported fourth-quarter&nbsp;losses of&nbsp;61 cents per share, which beat the analyst consensus estimate for losses of 80 cents and revenue of $258.1 million beat the analyst <a target="_blank" href="https://www.benzinga.com/news/earnings/25/03/44317342/rubrik-stock-climbs-after-strong-q4-results-q1-guidance-above-estimates" rel="noreferrer noopener">consensus estimate of&nbsp;$233.1 million</a>.
Technology
Tech billionaire and venture capitalist&nbsp;Peter Thiel is considering writing a book about ancient prophecies, the Antichrist, and Armageddon—and he believes we're ignoring what may be the most dangerous threat of all: the rise of global<a target="_blank" href="https://www.benzinga.com/tech/25/03/44238979/palantir-cofounder-peter-thiel-might-write-a-book-about-ancient-prophecies-the-antichrist-and-armageddon-he-thinks-were-ignoring-the-real-threat" rel="noreferrer noopener"> authoritarianism disguised as peace</a>.
NVIDIA Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) teamed up with&nbsp;Microsoft Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) to introduce neural shading support in the&nbsp;<a target="_blank" href="https://www.benzinga.com/25/03/44305160/revolutionizing-gaming-nvidia-and-microsofts-neural-shading-brings-ai-to-graphics" rel="noreferrer noopener">Microsoft DirectX preview for April</a>.
Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) is eyeing the production of an affordable version of its popular&nbsp;Model Y in Shanghai. The company plans to commercialize in 2026 at its Shanghai <a target="_blank" href="https://www.benzinga.com/government/regulations/25/03/44330619/tesla-bets-on-low-cost-evs-in-china-after-february-sales-hit-two-year-low" rel="noreferrer noopener">Gigafactory for its China market.</a>
SpaceX's&nbsp;Crew-10 astronaut launch for&nbsp;NASA&nbsp;was postponed due to a hydraulics glitch. The&nbsp;Elon Musk-led rocket manufacturing company has <a target="_blank" href="https://www.benzinga.com/25/03/44296357/spacex-crew-10-astronaut-launch-to-bring-back-stuck-astronauts-delayed-due-to-hydraulics-issue-says-nasa" rel="noreferrer noopener">rescheduled the mission for Friday, March 14</a>.
Alphabet Inc.&#8217;s&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Google&nbsp;is doubling down with a possible $115 million acquisition of eye-tracking <a target="_blank" href="https://www.benzinga.com/25/03/44267530/while-apple-reportedly-mulls-over-ar-glasses-google-bets-big-on-eye-tracking-tech-with-115-million-adhawk-acquisition-report" rel="noreferrer noopener">startup&nbsp;</a><a target="_blank" href="https://www.benzinga.com/25/03/44267530/while-apple-reportedly-mulls-over-ar-glasses-google-bets-big-on-eye-tracking-tech-with-115-million-adhawk-acquisition-report" rel="noreferrer noopener">AdHawk Microsystems</a>.
Meta&nbsp;won an emergency legal ruling to block the promotion of a memoir written by a&nbsp;former high-ranking employee&nbsp;who claims the company ignored sexual harassment complaints and quietly <a target="_blank" href="https://www.benzinga.com/25/03/44294128/meta-silences-whistleblower-who-worked-with-mark-zuckerberg-and-sheryl-sandberg-book-alleges-harassment-and-shady-china-strategy" rel="noreferrer noopener">built censorship tools for China</a>.
Gaming
Nintendo Co., Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTDOY#OTC">NTDOY</a>) went all out for&nbsp;MAR10 Day&nbsp;this year, unveiling a packed celebration full of game discounts,<a target="_blank" href="https://www.benzinga.com/25/03/44212558/nintendos-mar10-day-bash-includes-a-349-switch-bundle-trip-to-super-nintendo-world-and-alarm-clocks-that-talk-back-heres-what-you-need-to-know" rel="noreferrer noopener"> travel sweepstakes, and more</a>.
Smartphones
Apple Inc.&#8217;s&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) services chief&nbsp;Eddy Cue&nbsp;shared insights into&nbsp;Apple TV+&#8217;s&nbsp;selective content strategy while praising the global success of "Severance,&#8221; calling it one of the most culturally<a target="_blank" href="https://www.benzinga.com/general/entertainment/25/03/44212936/eddy-cue-praises-severance-for-breaking-through-the-noise-globally-says-apple-tv-isnt-going-to-throw-20-shows-on-the-wall-hoping-one-will-stick" rel="noreferrer noopener"> impactful shows of recent years</a>.
Apple is preparing for what&nbsp;Mark Gurman&nbsp;described as "one of the most dramatic software overhauls" in the iPhone maker's history, with iOS 19 set to transform the <a target="_blank" href="https://www.benzinga.com/markets/equities/25/03/44240980/iphones-after-ios-19-will-feature-a-very-different-look-heres-whats-apple-might-change" rel="noreferrer noopener">smartphone's interface later in 2025</a>.
On March 11,&nbsp;Nothing&nbsp;will begin shipping its new&nbsp;Phone&nbsp;(3a) series, offering premium features under $500—but with a few trade-offs that <a target="_blank" href="https://www.benzinga.com/25/03/44214865/nothing-launches-phone-3a-and-3a-pro-with-flagship-specs-under-500shipping-starts-march-11-but-no-wireless-charging-or-ip68-rating" rel="noreferrer noopener">budget buyers should consider</a>.
Samsung Electronics Co.&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>) has reassured fans that the beloved&nbsp;S Pen&nbsp;isn&#8217;t going away, even though its absence from major product <a target="_blank" href="https://www.benzinga.com/media/25/03/44268878/samsung-says-s-pen-isnt-going-anywhere-but-if-thats-true-why-did-it-disappear-from-the-galaxy-s25-ultra-launch" rel="noreferrer noopener">announcements stirred some doubts</a>.
Artificial Intelligence
As China&#8217;s AI race accelerates, the viral autonomous agent&nbsp;Manus AI&nbsp;has partnered with&nbsp;Alibaba Group Holding Ltd&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) Qwen&nbsp;team to develop a localized <a target="_blank" href="https://www.benzinga.com/25/03/44267707/chinas-viral-ai-agent-manus-which-is-being-compared-with-deepseek-taps-alibabas-qwen-for-local-expansion-heres-what-you-need-to-know" rel="noreferrer noopener">version tailored for Chinese users</a>.
China&#8217;s&nbsp;Manus AI&nbsp;is being hyped as the next big leap in agentic AI—maybe even a &#8220;DeepSeek moment&#8221;—but early testers say the platform <a target="_blank" href="https://www.benzinga.com/media/25/03/44214424/move-over-deepseek-not-so-fast-chinas-manus-ai-goes-viral-but-early-users-say-it-crashes-loops-and-fumbles-the-basics" rel="noreferrer noopener">might be more sizzle than substance</a>.
OpenAI&nbsp;CEO&nbsp;Sam Altman&nbsp;spoke candidly at a private Morgan Stanley event, revealing what he believes investors are still <a target="_blank" href="https://www.benzinga.com/25/03/44297444/sam-altman-warns-ai-will-be-deflationary-but-says-openais-biggest-constraint-isnt-data-or-demand-its-gpus" rel="noreferrer noopener">underestimating about artificial intelligence</a>.

Equities

Large Cap

AMZN

BABA

BLNK

GOOG

MSFT

NTDOY

NVDA

RBRK

SSNLF

TSLA

Consumer Tech News (Mar 10-Mar 14): Manus AI Creating Hype, Tesla Eyes Affordable Version Model Y In China & More

Defense Secretary Pete Hegseth has directed a review of military standards related to physical fitness and appearance, signaling potential changes to recent policies designed to increase diversity and inclusion.
The review, <a href="https://media.defense.gov/2025/Mar/12/2003666182/-1/-1/1/RAPID-FORCE-WIDE-REVIEW-OF-MILITARY-STANDARDS-OSD001952-25-RES-FINAL.PDF" target="_blank" rel="noreferrer noopener">ordered</a> late Wednesday in a memo, focuses on physical fitness, body composition, and grooming guidelines, including beard policies across all military services.
&#8220;We must remain vigilant in maintaining the standards that enable the men and women of our military to protect the American people and our homeland as the world&#8217;s most lethal and effective fighting force,&#8221; the memo read.
Hegseth&#8217;s directive to the Under Secretary of Defense for Personnel and Readiness aims to examine the evolution of these standards since January 2015, when the military opened all combat roles to women, The Hill <a target="_blank" href="https://thehill.com/policy/defense/5196183-military-standards-review/?tbref=hp" rel="noreferrer noopener">reports</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/25/03/44346571/trade-war-may-boost-airbus-over-boeing-aercap-ceo-says-no-ones-going-to-want-to-pay-that" rel="noreferrer noopener">Trade War May Boost Airbus Over Boeing — AerCap CEO Says &#8216;No One&#8217;s Going To Want To Pay That&#8217;</a>
The memo highlights concerns about maintaining high standards that ensure military readiness and effectiveness.
Hegseth&#8217;s recent statements suggest a desire to tighten standards, particularly in response to what he claims are loosened requirements for physical fitness and body composition to meet diversity quotas.
He has previously criticized changes, such as higher body fat limits for recruits, and questioned the inclusion of women in combat roles, although he later pledged to ensure women have equal access to these positions as long as standards remain high.
The review will also likely address changes in grooming policies, including relaxed rules on hairstyles and appearance, aimed at accommodating diverse service members, particularly those in the Army.
The outcome of the review could result in stricter regulations across the military.
&#8220;Our adversaries are not growing weaker, and our tasks are not growing less challenging. This review will illuminate how the Department has maintained the level of standards required over the recent past and the trajectory of any change in those standards,&#8221; the memo added.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/25/03/44329551/youre-sure-nobody-in-the-white-house-shorted-the-dow-foxs-peter-doocy-challenges-trump-three-times-in-a-day" target="_blank" rel="noreferrer noopener">&#8216;You&#8217;re Sure Nobody In The White House Shorted The Dow?&#8217;—Fox&#8217;s Peter Doocy Challenges Trump Three Times In A Day</a></li>
</ul>
Image: Shutterstock

Politics

General

Pentagon Orders Review of Fitness and Grooming Standards

In a world of ever-changing investment landscapes, the enduring wisdom of the late investment expert and Warren Buffett&#8216;s partner, Charlie Munger, continues to guide investors towards better investment results.
What Happened: Munger&#8217;s investment philosophy, which focused on capitalizing on market inefficiencies and steering clear of common mistakes that often ensnare investors. Munger&#8217;s belief was that wealth accumulation was not solely about making astute investment choices, but also about evading errors that could diminish wealth.
Munger warned about the dangers of emotional decision-making, a frequent obstacle in investing. He stressed the significance of a logical approach to business and investing, urging investors to cultivate a disciplined, rational mindset towards their financial choices.
"A great business at a fair price is superior to a fair business at a great price. If you're not willing to react with equanimity to a market price decline of 50% two or three times a century, you're not fit to be a common shareholder, and you deserve the mediocre result you're going to get," Munger said during an <a href="https://www.youtube.com/watch?v=ytGa7WR_UmI">interview</a>.  
Munger also cautioned investors about the perils of market timing. He was of the opinion that a steady presence in the market usually outperforms efforts to time market entries and exits. He championed a buy-and-hold strategy, highlighting the strength of patience and long-term vision in investing.
Also Read: <a href="https://www.benzinga.com/news/25/02/43581818/charlie-mungers-four-life-lessons-consume-less-than-you-accumulate-invest-judiciously-persistently-learn-and-uphold-discipline">Charlie Munger&#8217;s Four Life Lessons: &#8216;Consume Less Than You Accumulate, Invest Judiciously, Persistently Learn, and Uphold Discipline&#8217;</a>
Finally, Munger emphasized the importance of achieving the right balance in diversification. He warned against both over-diversification and under-diversification, advocating for a balanced approach that is adapted to individual situations.
&#8220;Wide diversification, which necessarily includes investment in mediocre businesses, only guarantees ordinary results," he said. 
He was convinced that identifying the right degree of diversification could potentially improve risk-adjusted returns and construct a more robust portfolio.
Why It Matters: Munger&#8217;s advice remains relevant in today&#8217;s volatile investment environment. His emphasis on rational decision-making, consistent market presence, and balanced diversification provides a roadmap for investors navigating the complexities of the market. 
His wisdom serves as a reminder that avoiding common investment pitfalls is as crucial as making smart investment decisions for wealth creation.
Read Next
<a href="https://www.benzinga.com/news/25/01/43219503/charlie-mungers-three-investment-lessons-buy-wonderful-businesses-at-fair-prices-big-money-isnt-in-buying-or-selling-its-in-waiting-good-businesses-are-ethical-businesses" target="_blank" rel="noreferrer noopener">Charlie Munger's Three Investment Lessons: ‘Buy Wonderful Businesses At Fair Prices, Big Money Isn't In Buying Or Selling-It's In Waiting, Good Businesses Are Ethical Businesses'</a>

Charlie Munger's Timeless Investment Advice: Sidestep These Three Common Missteps

These mid-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>D-Wave Quantum Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QBTS#NYSE">QBTS</a>) stock escalated 95.95%  after the company reported a 502% year-over-year increase <a href="https://www.benzinga.com//node/44301722" target="_blank" rel="noreferrer noopener">in fourth-quarter bookings to $18.3 million</a>.</li>
<li>Protagonist Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTGX#NASDAQ">PTGX</a>) stock jumped 42.84% after the company announced topline results from its Phase 2b ANTHEM-UC study of icotrokinra in ulcerative colitis. The study met its primary <a href="https://www.benzinga.com//node/44220449" target="_blank" rel="noreferrer noopener">endpoint in all dose groups evaluated</a>. Several analysts raised the <a href="https://www.benzinga.com/quote/ptgx/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast on the stock</a>.</li>
<li>Veren Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRN#NYSE">VRN</a>) shares upped 24.24% after the company inked a merger deal with Whitecap Resources Inc. for an all-share transaction valued at around C$15 billion <a href="https://www.benzinga.com//node/44223155" target="_blank" rel="noreferrer noopener">($10.4 billion), including net debt</a>.</li>
<li>IonQ Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>) stock rose 21.65%. The company disclosed that it now owns or controls nearly 400 granted and pending <a href="https://www.benzinga.com//node/44246776" target="_blank" rel="noreferrer noopener">quantum networking patents globally</a>.</li>
<li>Rigetti Computing (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>) stock grew 20%, probably amid a rebound from weakness earlier this week. The sector may be seeing a boost following softer-than-expected February inflation figures.</li>
<li>Semtech Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) stock increased 18.21% after the company reported better-than-expected <a href="https://www.benzinga.com//node/44317455" target="_blank" rel="noreferrer noopener">fourth-quarter financial results</a>. Several analysts revised the <a href="https://www.benzinga.com/quote/smtc/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast on the stock</a>.</li>
<li>Orla Mining Ltd. (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/ORLA#AMEX">ORLA</a>) stock rose 15.52%.</li>
<li>Hesai Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSAI#NASDAQ">HSAI</a>) stock increased 15.45% after the company secured a multi-year deal with Mercedes-Benz <a href="https://www.benzinga.com//node/44262398" target="_blank" rel="noreferrer noopener">to supply Lidar sensors</a>.</li>
</ol>
Image via D-WAVE
Read Next:
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<li><a href="https://www.benzinga.com/news/large-cap/25/03/44347715/applovin-super-micro-computer-and-intel-among-top-10-large-cap-gainers-last-week-mar-10-mar-14-are-the-others-in-your-portfolio" target="_blank" rel="noreferrer noopener">Applovin, Super Micro Computer And Intel Among Top 10 Large-Cap Gainers Last Week (Mar 10-Mar 14): Are The Others In Your Portfolio?</a></li>
<li><a href="https://www.benzinga.com/news/large-cap/25/03/44347748/coinbase-apple-and-robinhood-are-among-top-large-cap-losers-last-week-mar-10-mar-14-are-the-others-in-your-portfolio" target="_blank" rel="noreferrer noopener">Coinbase, Apple And Robinhood Are Among Top Large-Cap Losers Last Week (Mar 10-Mar 14): Are The Others In Your Portfolio?</a></li>
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Mid Cap

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ORLA

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D-Wave Quantum And IonQ Are Among Top Mid-Cap Stock Gainers Last Week (Mar 10-Mar 14): Are The Others In Your Portfolio?

Netflix Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) new high-budget film &#8220;The Electric State&#8221; has received a tepid response from critics, despite the streaming service reportedly investing hundreds of millions in its production.
What Happened: The sci-fi movie, which premiered on Friday, has garnered a score of a mere 17% from 69 reviews on Rotten Tomatoes. The movie features Millie Bobby Brown and Chris Pratt, and is directed by the Russo brothers, who are renowned for their contributions to the Marvel Cinematic Universe.
Estimates indicate that the film&#8217;s budget could have reached $320 million, positioning it among the most costly movies ever produced. 
This figure significantly surpasses the combined budgets of the 10 most recent Oscar winners for best picture, which collectively amount to less than $230 million, <a href="https://www.businessinsider.com/the-electric-state-netflix-budget-critics-reviews-2025-3">report</a>I Insider.
The Russo brothers have previously achieved success with high-budget films, including&nbsp;&#8220;Captain America: The Winter Soldier,&#8221;&nbsp;which grossed $714 million worldwide&nbsp;on a reported $170 million&nbsp;budget.
Also Read: <a href="https://www.benzinga.com/markets/equities/25/03/44342307/netflix-stock-up-1-3-after-key-signal-reversing-early-weakness">Netflix Stock Up 1.3% After Key Signal, Reversing Early Weakness</a>
 However, their recent endeavors&nbsp;outside the Marvel Cinematic Universe, particularly on streaming platforms, have not been as fruitful.
&#8220;The Electric State&#8221; is an adaptation of Simon Stålenhag&#8217;s 2018 illustrated novel of the same title, but critics have labeled the film as &#8220;derivative&#8221; and &#8220;soulless,&#8221; with &#8220;mind-numbingly repetitive&#8221; action sequences.
Netflix and the Russo brothers&nbsp;have not yet issued any comments in response to these critiques.
Why It Matters: The lukewarm reception of &#8220;The Electric State&#8221; raises questions about the sustainability of high-budget productions for streaming services. Despite the massive investment, the film&#8217;s poor critical response could impact its viewership and return on investment. 
This could potentially influence Netflix&#8217;s future decisions regarding the allocation of its budget for film productions. 
The Russo brothers&#8217; recent lackluster performances&nbsp;outside the Marvel Cinematic Universe&nbsp;also suggest a need for a strategic reassessment of their projects.
Read Next
<a href="https://www.benzinga.com/25/01/43098429/netflix-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-call">Netflix Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call</a>

Entertainment

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Netflix's $320 Million 'The Electric State' Becomes Its Most Expensive and Most Disappointing Movie

These large-cap stocks were the worst performers in the last week. Are they in your portfolio?
<ol>
<li>Teradyne (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TER#NASDAQ">TER</a>) shares dipped 20.08%. The company agreed to acquire Photonic IC Testing Company Quantifi Photonics <a href="https://www.benzinga.com//node/44236516" target="_blank" rel="noreferrer noopener">for an undisclosed amount</a>. Analysts cut price <a href="https://www.benzinga.com/quote/ter/analyst-ratings" target="_blank" rel="noreferrer noopener">forecasts for the company</a>.</li>
<li>Trade Desk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) stock tumbled 16.90%, probably amid economic worries driven by tariffs and trade policies.</li>
<li>Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) shares dipped 15.79% amid a decline in <a href="https://www.benzinga.com//node/44287858" target="_blank" rel="noreferrer noopener">Bitcoin due to tariff uncertainty</a>.</li>
<li>SailPoint, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIL#NASDAQ">SAIL</a>) shares fell 15.19%.</li>
<li>Genmab (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GMAB#NASDAQ">GMAB</a>) shares decreased 15.04% after Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>) decided not to exercise its option to receive a worldwide license to develop, manufacture, and commercialize HexaBody-CD38. Genmab will not <a href="https://www.benzinga.com//node/44221409" target="_blank" rel="noreferrer noopener">pursue further clinical development</a>.</li>
<li>Interactive Brokers Group, Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBKR#NASDAQ">IBKR</a>) stock fell 12.52%, probably due to overall market concerns amid tariff uncertainty.</li>
<li>Delta Air Lines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) stock plummeted 12.26% after the company cut its first-quarter<a href="https://www.benzinga.com//node/44244750" target="_blank" rel="noreferrer noopener"> revenue and profit guidance</a>.</li>
<li>Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) shares declined 12.16% after the company issued the second quarter and FY25 adjusted EPS guidance, with its midpoint below estimates. Several analysts <a href="https://www.benzinga.com//node/44302063" target="_blank" rel="noreferrer noopener">also revised the price forecast</a>.</li>
<li>Expedia Group Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>) stock fell 12.05%, probably amid a broader sell-off in travel-related stocks <a href="https://www.benzinga.com//node/44259915" target="_blank" rel="noreferrer noopener">following </a><a href="https://www.benzinga.com//node/44259915" target="_blank" rel="noreferrer noopener">Delta Air Lines&#8217;s</a><a href="https://www.benzinga.com//node/44259915" target="_blank" rel="noreferrer noopener"> guidance cut</a>.</li>
<li>Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) shares dipped 11.66%. The company announced <a href="https://www.benzinga.com//node/44252567" target="_blank" rel="noreferrer noopener">operating data for February</a>.</li>
<li>United Airlines Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) stock was down 11.11% after B of A Securities and Barclays cut their <a href="https://www.benzinga.com/quote/ual/analyst-ratings" target="_blank" rel="noreferrer noopener">respective price forecast on the stock</a>.</li>
<li>Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) stock fell 10.70% last week amid overall market weakness due to continued tariff uncertainty.</li>
</ol>
Photo by Useacoin on Shutterstock
Read Next:
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<li><a href="https://www.benzinga.com/news/large-cap/25/03/44347715/applovin-super-micro-computer-and-intel-among-top-10-large-cap-gainers-last-week-mar-10-mar-14-are-the-others-in-your-portfolio" target="_blank" rel="noreferrer noopener">Applovin, Super Micro Computer And Intel Among Top 10 Large-Cap Gainers Last Week (Mar 10-Mar 14): Are The Others In Your Portfolio?</a></li>
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These ten large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>Rubrik Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBRK#NYSE">RBRK</a>) shares jumped 23.17% after it reported upbeat fourth-quarter results, and several analysts revised the <a href="https://www.benzinga.com//node/44334469" target="_blank" rel="noreferrer noopener">price forecast on the stock</a>.</li>
<li>Applovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) stock upped 17.21%, probably because the tech sector rebounded from weakness earlier this week.</li>
<li>Summit Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMMT#NASDAQ">SMMT</a>) shares jumped 16.93% after Evercore ISI Group initiated coverage on the stock with an Outperform rating and<a href="https://www.benzinga.com/quote/smmt/analyst-ratings" target="_blank" rel="noreferrer noopener"> announced a price forecast of $30</a>.</li>
<li>Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) stock jumped 16.52% after the <a href="https://www.benzinga.com//node/44302205" target="_blank" rel="noreferrer noopener">company announced a new CEO</a>.</li>
<li>Venture Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VG#NYSE">VG</a>) stock rose 16.03% after Form 4 filings showed multiple insider stock purchases.</li>
<li>GE Vernova Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>) shares rose 14.01% after the company announced it signed a memorandum of understanding (MOU) with PyroGenesis Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/PYRGF#OTC">PYRGF</a>) for technologies to replace fossil <a href="https://www.benzinga.com//node/44253227" target="_blank" rel="noreferrer noopener">fuels with electric plasma</a>.</li>
<li>Samsara Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IOT#NYSE">IOT</a>) shares were up 11.96%</li>
<li>Antero Resources Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AR#NYSE">AR</a>) shares increased 11.68%, probably due to rising oil prices supported by a weaker dollar.</li>
<li>Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) stock gained 10.28% last week after <a href="https://www.benzinga.com//node/44274133" target="_blank" rel="noreferrer noopener">it unveiled new</a> Intel Xeon 6-Powered servers for enhanced AI with 40% more memory and 144 CPU cores.</li>
<li>ConocoPhillips (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COP#NYSE">COP</a>) shares increased 9.18% amid strength in oil and natural gas prices.</li>
</ol>
Image via Shutterstock

INTC

PYRGF

SMCI

SMMT

Applovin, Super Micro Computer And Intel Among Top 10 Large-Cap Gainers Last Week (Mar 10-Mar 14): Are The Others In Your Portfolio?

The past week has been a whirlwind of news for&nbsp;Tesla, Inc., with the electric vehicle giant making headlines for a variety of reasons. From a surprising switch in Baltimore to allegations of rebate manipulation in Canada, Tesla&#8217;s journey has been anything but smooth. Meanwhile, Southeast Asia&#8217;s ride-hailing giant,&nbsp;Grab Holdings, is making strides in the autonomous vehicle sector. Let&#8217;s dive into the details.
Baltimore Ditches Tesla for Ford
In a surprising turn of events, the city of Baltimore has decided to reverse a deal with Tesla that was set in 2024. The city had initially planned to use Tesla&#8217;s electric vehicles for police and other government officials. However, the deal has now been cancelled, with no political reasons cited for the change.
<a href="https://in.benzinga.com/trading-ideas/movers/25/03/44238200/tesla-out-ford-in-city-of-baltimore-goes-in-a-different-direction-reversing-ev-deal-from-2024">Read the full article here.</a>
Also Read:&nbsp;<a href="https://www.benzinga.com/25/03/44136859/asml-faces-uncertainty-as-us-sanctions-on-china-cut-demand-stock-down-24-in-12-months" target="_blank" rel="noreferrer noopener">Chip Equipment Maker ASML Faces Uncertainty As US Sanctions On China Impact Demand</a>
Tesla Accused Of Gaming Canada&#8217;s EV Rebate Program
Tesla is under scrutiny in Canada, with four of its stores suspected of exploiting the country&#8217;s EV rebate program. The stores reportedly sold an average of 30 cars per hour over three days, claiming over half of the rebate funds.
<a href="https://www.benzinga.com/25/03/44213295/tesla-suspected-of-ev-rebate-manipulation-in-canada-amid-sudden-sales-surge-tesla-gamed-the-system-says-industry-body">Read the full article here.</a>
Trump&#8217;s Tesla Purchase Could Boost Sales
President Donald Trump&#8217;s recent acquisition of a Tesla Model S Plaid for White House staff use could potentially drive up the company&#8217;s sales, according to Gary Black, Managing Partner of The Future Fund LLC.
<a href="https://www.benzinga.com/markets/equities/25/03/44268275/trump-buys-tesla-model-s-plaid-gary-black-calls-endorsement-potentially-huge-says-it-could-drive-1-7-million-sales">Read the full article here.</a>
Musk&#8217;s Optimism Vs Munster&#8217;s Prediction
While Tesla CEO Elon Musk expects the company&#8217;s output to double in the next few years, Gene Munster, Managing Partner at Deepwater Asset Management, predicts a drop in deliveries before a surge in 2026.
<a href="https://www.benzinga.com/markets/equities/25/03/44293798/elon-musk-expects-tesla-output-to-double-over-next-couple-of-years-but-gene-munster-predicts-number-to-drop-before-a-surge-in-2026">Read the full article here.</a>
Grab Eyes Autonomous Future
Grab Holdings has teamed up with four global self-driving firms to explore autonomous solutions for its mobility and delivery services across Southeast Asia. The companies include China&#8217;s WeRide Inc and Zelos, Boston&#8217;s Motional, and South Korea&#8217;s Autonomous A2Z.
<a href="https://www.benzinga.com/news/25/03/44224370/grab-teams-up-with-global-self-driving-firms-eyes-future-of-ride-hailing-in-southeast-asia">Read the full article here.</a>
Also Read:
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<li><a href="https://www.benzinga.com/government/regulations/25/03/44174628/ai-chip-leaders-nvidia-amd-broadcom-slide-amid-marvell-earnings-and-us-policy-concerns" target="_blank" rel="noreferrer noopener">AI Chip Leaders Nvidia, AMD, Broadcom Slide Amid Marvell Earnings and US Policy Concerns</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>

Tesla's Rollercoaster Ride, Grab's Autonomous Ambitions: This Week In Mobility

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