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Perella Weinberg

Perella Weinberg Partners is an independent advisory firm that provides strategic and financial advice to a wide range of clients. The Company's activities as an investment banking advisory firm constitute a single business segment that provides a range of advisory services, including advice related to strategic and financial decisions, mergers and acquisitions execution, shareholder and defense advisory, financing and capital solutions advice with resources focused on restructuring and liability management, capital markets advisory, private capital placement, as well as specialized underwriting and research services for the energy and related industries.

Perella Weinberg Partners - Class A Common Stock

Perella Weinberg Partners

Power REIT 7.75% Series A Cumulative Perpetual Preferred Stock

Power REIT

Telsey Advisory Group analyst Dana Telsey maintains Gap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GAP#NYSE">GAP</a>) with a Market Perform and maintains $26 price target.

News

Price Target

Analyst Ratings

Telsey Advisory Group Maintains Market Perform on Gap, Maintains $26 Price Target

Telsey Advisory Group analyst Dana Telsey maintains J.Jill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JILL#NYSE">JILL</a>) with a Market Perform and maintains $31 price target.

JILL

Telsey Advisory Group Maintains Market Perform on J.Jill, Maintains $31 Price Target

In Friday&#8217;s pre-market trading, Strategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) saw a 3.18% dip in its stock, following a 7% decrease in Bitcoin&#8216;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) value over the past day, according to <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43936143/mstr-stock-falls-over-5-in-tuesday-pre-market-whats-going-on">Benzinga Pro</a>.
What Happened: The shares of Strategy, which recently&nbsp;added nearly $2 billion worth&nbsp;of Bitcoin to its portfolio, fell during today&#8217;s pre-market session after Bitcoin declined 7% over the past 24 hours and nearly 20% over the past seven days. The cryptocurrency slipped below $80,000, marking nearly a 25% fall from its all-time high. 
Despite the company&#8217;s aggressive Bitcoin accumulation strategy significantly boosting its stock market capitalization, critics question the long-term viability of this approach. Peter Schiff, a prominent economist and market commentator, criticized the company&#8217;s debt-fueled bitcoin purchases, pointing out the company&#8217;s declining share price and the shrinking Net Asset Value premium.
SEE ALSO: <a href="https://www.benzinga.com/government/regulations/25/02/44006332/nvidia-faces-new-ai-chip-challenge-as-huawei-gains-ground-in-china-despite-us-sanctions">Nvidia Faces New AI Chip Challenge As Huawei Gains Ground In China Despite US Sanctions</a>
Why It Matters: Bitcoin&#8217;s recent decline has sparked debates among traders about the end of the bull market. Crypto chart analyst Ali Martinez noted that <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/44016927/bitcoin-drops-below-85000-what-does-technical-analysis-say">Bitcoin has entered</a> oversold conditions for the first time since August 2024, a period followed by a 33% rebound. This sparks concern for Strategy, which has a Bitcoin holding worth nearly $ 43 billion, making it a major corporate holder of the cryptocurrency.
Strategy stock plunged nearly 50% from its all-time high of $473.83 on Nov. 21. On Monday, Barclays lowered their target price on MSTR from $515.00 to $421.00 and set an &#8220;overweight&#8221; rating on the stock.
Last week, Strategy's co-founder Michael Saylor met with the SEC's Crypto Task Force to discuss potential regulatory reforms while protecting crypto holders&#8217;&nbsp;rights. He also presented his&nbsp;strategic Bitcoin reserve plan to&nbsp;the SEC, aiming to generate&nbsp;between $16 billion to $81&nbsp;trillion in wealth for the&nbsp;U.S. Treasury. 
<ul>
<li>READ MORE: <a href="https://www.benzinga.com/trading-ideas/movers/25/02/44031605/bitcoin-ethereum-lose-dogecoin-gains-amid-trumps-tariff-war-moves-has-btc-hit-a-bottom-yet">Bitcoin, Ethereum Lose, Dogecoin Gains Amid Trump&#8217;s Tariff War Moves: Has BTC Hit A Bottom Yet?</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.

Equities

Markets

$BTC

MSTR

MSTR Stock Falls Over 3% In Friday Pre-Market: What's Going On?

Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Cybertruck vehicles are reportedly piling outside the company&#8217;s gigafactory in Texas and collecting dust, forcing the company to resort to aggressive discounting.
What Happened: According to a report <a href="https://www.forbes.com/sites/peterlyon/2025/02/27/thousands-of-tesla-cybertrucks-gather-dust-even-with-6000-discount/">by</a> Forbes, the company&#8217;s inventory for the trucks is piling up owing to lower-than-expected sales.
Tesla&#8217;s inventory in the U.S. still has model year 2024 vehicles in addition to model year 2025 ones. The company is now offering discounts up to $6000 on model year 2024 foundation series Cybertrucks and $4000 on non-foundation series Cybertrucks in its inventory.
The Cybertruck is one of Tesla&#8217;s more premium offerings. The vehicle starts at $79,990 for the base all-wheel drive variant and at $99,990 for the more premium Cyberbeast variant.
According to data from automotive research firm Kelley Blue Book, the Cybertruck was Tesla&#8217;s third best-selling vehicle in the U.S. in 2024, after its mass-market offerings Model 3 and Model Y. The company sold&nbsp;<a href="https://www.benzinga.com/25/01/42967593/cybertruck-sales-rise-in-2024-weighed-down-on-tesla-model-s-deliveries-in-us-shows-data" target="_blank" rel="noreferrer noopener">38,965 units in the 12 months through the end of December</a>, significantly higher than the number of Model S or Model X sold in the country but less than the expected delivery volume for the vehicle. 
Tesla CEO Elon Musk previously said that the company is eyeing a production rate of <a href="https://www.benzinga.com/24/12/42262279/a-year-after-teslas-first-cybertruck-deliveries-the-truck-has-a-long-way-to-go-to-meet-musks-goals">250,000 Cybertrucks a year</a> in 2025. The number seems unlikely given the weak demand.
Analyst Take: Researcher&nbsp;Troy Teslike, who tracks Tesla&#8217;s production and delivery numbers,&nbsp;expects the EV giant to sell just 21,000 Cybertrucks in 2025, lower than the sales of the stainless steel truck in 2024.
"The order backlog is gone. Tesla ended 2024 with 10,600 unsold Cybertrucks because of too much production and low demand," the researcher said earlier this month while also dismissing the possibility of a cheaper Cybertruck variant launch this year.
"A cheaper Cybertruck this year is unlikely because the Cybertruck is not profitable. A cheaper version would make things worse," he said.
Tesla started delivering the Cybertruck in the U.S. four years after unveiling it in November 2023. The company sold only its limited edition foundation series initially, priced nearly $20,000 more than the non-foundation series of the truck. The non-foundation series Cybertucks started to be sold only in the fourth quarter of 2024.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/tech/25/02/44000938/stellantis-executive-chairman-speaks-out-against-tariffs-on-vehicles-made-in-mexico-canada-real-opportunity-is-4m-cars-that-are-sold-in-america-that-dont-have-any-us-content" target="_blank" rel="noreferrer noopener">Stellantis Executive Chairman Speaks Out Against Tariffs On Vehicles Made In Mexico, Canada: ‘Real Opportunity Is… 4M Cars That Are Sold In America That Don&#8217;t Have Any US Content&#8217;</a></li>
</ul>
Photo courtesy: Shutterstock

Tech

TSLA

Tesla Cybertruck Inventory Swells Despite Discounts, Falling Short of Elon Musk's Vision

Alkami Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALKT#NASDAQ">ALKT</a>) shares are trading higher premarket on Friday. On Thursday, the company reported fourth-quarter results, with revenue of $89.66 million, slightly above <a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/n44024710/alkami-announces-fourth-quarter-2024-financial-results" rel="noreferrer noopener">the consensus of $89.65 million</a>.
Adjusted gross margin expanded to 63.1% from 60.3% a year-ago quarter.
Adjusted EBITDA rose significantly to $10.2 million from&nbsp;$3.1 million&nbsp;in the year-ago quarter. Adjusted EPS of $0.11&nbsp;exceeded <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">the consensus of $0.08</a>.
Outlook: Alkami Technology projects first-quarter adjusted EBITDA of&nbsp;$9.5 million-$10.5 million and revenue of $93.5 million-$95.0 million<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener"> vs. consensus of $95.03 million</a>.
For FY25, the company forecasts sales of $440 million-$445 million, vs. the estimate of $414.64 million and adjusted EBITDA of&nbsp;$47.0 million-$51.0 million.
Bryan Hill, Chief Financial Officer, said,&nbsp;&#8220;In 2024, we added 2.5 million registered users to our digital banking platform, ending the year with 20 million digital banking users. We exited 2024 with annual recurring revenue of&nbsp;$356 million, up 22% compared to&nbsp;December 31, 2023&nbsp;and revenue per registered user of&nbsp;$17.81, up 7% compared to the year-ago quarter.&#8221;
Acquisition deal: In a separate release, the company disclosed a definitive deal to acquire Fin Technologies, Inc. <a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/n44024708/alkami-to-acquire-mantl-to-expand-account-opening-capabilities" rel="noreferrer noopener">for an enterprise value of $400 million</a>.
Founded in 2016 by&nbsp;Nathaniel Harley&nbsp;and&nbsp;Benjamin Conant, MANTL has helped its clients raise over&nbsp;$31 billion&nbsp;in deposits while saving employees more than 350,000 hours through automation and process transformation.
The transaction will be conducted on a debt-free, cash-free basis, with customary purchase price adjustments expected to total approximately $7 million.
Alkami intends to finance the acquisition with around $380 million in cash, along with restricted stock units valued at approximately $13 million, which will be issued to continuing MANTL employees at closing as a replacement for unvested compensatory stock options.
The MANTL acquisition, which is subject to standard closing conditions, is anticipated to be finalized by or before March 31, 2025.
Beginning in the second quarter of 2025, Alkami anticipates MANTL will contribute around $30 million in revenue and an Adjusted EBITDA loss of $5 million to its full-year financial results.
Additionally, MANTL&#8217;s annual recurring revenue under contract is projected to reach approximately $60 million by December 31, 2025, representing growth of more than 30% Y/Y.
Alex Shootman, Alkami Chief Executive Officer said, &#8220;This business combination creates a tremendous opportunity for Alkami to expand market share and generate cross sell within its client base, driving additional revenue growth and enhancing our competitive offering among financial institutions.&#8221;
Price Action: ALKT shares are down 1.24% at $28.60 premarket at the last check Friday.\
Read Next:
<ul>
<li><a href="https://www.benzinga.com//node/44035798" target="_blank" rel="noreferrer noopener">Dell Technologies Projects $15 Billion AI Server Revenue For FY26, Raises Dividend By 18% Amid A Mixed Quarter</a></li>
</ul>
Photo via Shutterstock.

Earnings

Mid Cap

Guidance

Movers

ALKT

Alkami Technology Beats Q4 Estimates, Strengthens Digital Banking Platform With $400 Million FinTech Acquisition

Nordic American Tankers Q4 Average Time Charter Equivalent (TCE) For Its Fleet Came In At $26,416 Per Day Per Ship

Nordic American Tankers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NAT#NYSE">NAT</a>) reported quarterly earnings of $0.01 per share which missed the analyst consensus estimate of $0.04 by 75 percent. This is a 87.5 percent decrease over earnings of $0.08 per share from the same period last year. The company reported quarterly sales of $46.39 million which missed the analyst consensus estimate of $51.38 million by 9.72 percent. This is a 21.71 percent decrease over sales of $59.25 million the same period last year.

Earnings Misses

Nordic American Tankers Q4 2024 GAAP EPS $0.01 Misses $0.04 Estimate, Sales $46.39M Miss $51.38M Estimate

Macro Economic Events

Econ #s

Economics

INDA

India Gross Domestic Product Quarterly (YoY) For Q3 6.2% Vs. 6.3% Est.; 5.4% Prior

Needham analyst Mayank Tandon maintains NCR Voyix (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VYX#NYSE">VYX</a>) with a Buy and lowers the price target from $20 to $15.

Needham Maintains Buy on NCR Voyix, Lowers Price Target to $15

Needham analyst Ryan Koontz maintains Adtran Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADTN#NASDAQ">ADTN</a>) with a Buy and raises the price target from $11 to $14.

ADTN

Needham Maintains Buy on Adtran Holdings, Raises Price Target to $14

Needham analyst Ryan MacDonald maintains Privia Health Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRVA#NASDAQ">PRVA</a>) with a Buy and raises the price target from $25 to $30.

PRVA

Needham Maintains Buy on Privia Health Gr, Raises Price Target to $30

General

LXEH

Lixiang Education Regains Nasdaq Minimum Market Value Requirement Compliance

Needham analyst Serge Belanger reiterates Heron Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HRTX#NASDAQ">HRTX</a>) with a Buy and maintains $4 price target.

Reiteration

HRTX

Needham Reiterates Buy on Heron Therapeutics, Maintains $4 Price Target

Needham analyst David Saxon maintains Dentsply Sirona (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XRAY#NASDAQ">XRAY</a>) with a Buy and lowers the price target from $25 to $23.

XRAY

Needham Maintains Buy on Dentsply Sirona, Lowers Price Target to $23

Former U.S. Secretary of Labor, Robert Reich recently expressed his concerns over the governance style and policy decisions of the Trump administration, highlighting a stark contrast between the current state of affairs and his own experiences in the cabinet room.
What Happened: On Thursday, Reich uploaded his latest interview with MSNBC on his official YouTube channel wherein he voiced his concerns about the Trump administration. He criticized Trump&#8217;s first cabinet meeting and called it a &#8220;theatrical performance for the press&#8221;. Reich also called out the lack of real work being done.
Reich also pointed out the contradiction between President Trump&#8217;s promise not&nbsp;to touch Social Security, Medicare&nbsp;or Medicaid and the recent budget resolution that&nbsp;instructs the Energy and Commerce&nbsp;Committee to slash Medicaid by&nbsp;an unprecedented $880 billion. He accused the Trump administration of lying to the public and fostering a culture of loyalty to Trump over loyalty to the U.S. The former Secretary of Labour called this a rise of dictatorship and strongly stated, &#8220;Trump&#8217;s tyranny is undeniable.&#8221;
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
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<iframe loading="lazy" title="Trump&#039;s Tyranny Is Undeniable" width="500" height="281" src="https://www.youtube.com/embed/9DRp6bie3Dw?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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</figure>
SEE ALSO: <a href="https://www.benzinga.com/news/earnings/25/02/44028619/archer-aviation-stock-falls-on-q4-earnings-the-details">Archer Aviation Stock Falls On Q4 Earnings: The Details</a>
Why It Matters: Reich&#8217;s criticisms come in the wake of two significant policy decisions by the Trump administration. Reich had <a href="https://www.benzinga.com/25/02/43774882/donald-trumps-tax-cut-could-add-46-trillion-to-deficit-says-robert-reich-emphasizing-48-billion-relief-for-top-100-us-firms-via-corporate-tax-cuts">previously criticized</a> the Trump administration&#8217;s tax reduction plans for the corporates, terming them as an "absolutely shameless giveaway," that could increase the deficit by $4.6 trillion. 
Meanwhile, despite Trump&#8217;s promise <a href="https://www.benzinga.com/personal-finance/25/02/43901103/medicaid-faces-880-billion-cuts-but-trump-says-social-security-is-safe">not to cut Social Security or Medicare</a>, the Trump administration could include a Medicaid reduction of $880 billion as part of the larger $2 trillion expenditure cut plan.
Reich&#8217;s comments underscore the growing concerns about the Trump administration&#8217;s governance style and policy decisions, and their potential impact on the American public. Even before Trump resumed his second term, Reich had warned of the likely influence of billionaires such as Tesla CEO Elon Musk and Peter Thiel in the White House. In one of his posts on X, Reich even questioned the rising net worth of Amazon founder, Jeff Bezos, when 87% of jobs at Amazon pay less than $20 an hour.
<ul>
<li>READ MORE: <a href="https://www.benzinga.com/news/25/02/43900927/mary-trump-slams-uncle-trump-and-his-corrupt-fascist-regime-are-aligned-with-the-agenda-of-vladimir-putin-and-moscow">Mary Trump Slams Uncle: &#8216;Trump and His Corrupt Fascist Regime Are Aligned With the Agenda of Vladimir Putin and Moscow&#8217;</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Robert Reich Slams $880 Billion Medicaid Cuts: 'Trump's Tyranny Is Undeniable'

Billionaire and Department of Government Efficiency lead Elon Musk on Thursday called on retired air traffic controllers to return to work.
What Happened: &#8220;There is a shortage of top notch air traffic controllers,&#8221; Musk said in a post on X, formerly Twitter. &#8220;If you have retired, but are open to returning to work, please consider doing so.&#8221;
Musk&#8217;s post comes on the heels of the FAA calling for entry-level air traffic controllers. Interested candidates can apply now through March 17. 
U.S. Department of Transportation Secretary&nbsp;Sean Duffy said on Thursday that the FAA is streamlining the 8-step hiring process at the agency into a 5-step process. 
&#8220;This will accelerate the time-to-hire for these critical positions by shaving more than four months off the old process. We want the best and brightest to get expedited entry into the academy, and as an incentive to apply, we will be increasing the pay for those in training,&#8221; Duffy said. &#8220;This administration is committed to solving the air traffic control shortage that has existed for too long.&#8221;
Duffy said in a statement that the starting salary for candidates who go to the FAA&#8217;s academy for training will increase by 30%, making the average certified professional controller salary go over $160,000 a year.
What Happened: Earlier this month, Duffy said that the FAA has about 45,000 employees and the new government has let go "less than 400" who were probationary. Those laid off were at the agency for less than a year and did not include air traffic controllers or critical safety personnel, he said.
The Professional Aviation Safety Specialists union&nbsp;told&nbsp;<a href="https://pro.benzinga.com/dashboard" target="_blank" rel="noreferrer noopener">Benzinga</a>&nbsp;that a total of 130 probationary employees represented by the union were terminated. The terminated job roles include aviation safety assistant, environmental protection specialist, management and program analyst, and maintenance mechanic, among others, it said.
The rising demand for air traffic controllers comes on the heels of multiple plane accidents in the recent past. In January, a <a href="https://www.benzinga.com/25/01/43326442/psa-airlines-jet-falls-in-potomac-river-after-mid-air-crash-with-helicoper">collision between an army helicopter</a> and a plane while it was nearing the runway at Reagan Washington National Airport killed 67 people. 
The FAA is nearly 3,500 air traffic controllers short of its targeted staffing levels. 
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/tech/25/02/44000938/stellantis-executive-chairman-speaks-out-against-tariffs-on-vehicles-made-in-mexico-canada-real-opportunity-is-4m-cars-that-are-sold-in-america-that-dont-have-any-us-content" target="_blank" rel="noreferrer noopener">Stellantis Executive Chairman Speaks Out Against Tariffs On Vehicles Made In Mexico, Canada: ‘Real Opportunity Is… 4M Cars That Are Sold In America That Don&#8217;t Have Any US Content&#8217;</a></li>
</ul>
Photo courtesy: Shutterstock

Government

Politics

Elon Musk Calls On Retired Employees To Return To Work At FAA: 'There Is A Shortage Of Top Notch Air Traffic Controllers'

As part of the collaboration, ENL will support Galaxy Group in expanding its reach within the Hong Kong enterprise HR and payroll market. By combining ENL's extensive experience and network in the Asia-Pacific region with GLXG's established position in the industry, the two companies are poised to bring new, AI-powered HR solutions to a wider customer base. This market expansion will be driven by jointly developed products that offer scalable and efficient solutions for HR operations. The partnership also includes client referrals and profit-sharing arrangements. GLXG will refer its existing clients to ENL for AI and Big Data solutions, creating a mutually beneficial ecosystem. Revenue generated from these referrals will be shared between the two companies under a separate formal agreement. This structure ensures both parties benefit from the synergies created by the collaboration and strengthens their relationship moving forward.

GLXG

Galaxy Payroll And Euler Number Partner To Revolutionize HR And Payroll With AI & Big Data

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is working on introducing a new technology that could help social media apps identify users under 16 years of age
What Happened: According to a White Paper released by Apple earlier this month, the Tim Cook-led company plans to launch the "Declared Age Range" application programming interface (API) on iOS devices.
This will allow developers to request age range information of users, with parental consent. This system will help apps determine if a user is under 18, 16, or 13, and decide on content accessibility or app usage.
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Parents will also have the ability to manage their child&#8217;s declared age on Apple devices, ensuring the birth date is accurate. However, the actual birth date will not be shared with apps.
Apple will also revise app age ratings in its store to four categories: 4+, 13+, 16+, and 18+.
See Also:<a href="https://www.benzinga.com/tech/25/02/43820197/apple-unveils-iphone-16e-with-a18-chip-ai-features-599-price-tag"> Apple Unveils iPhone 16e With A18 Chip, AI Features, $599 Price Tag</a>
Why This Matters: This development comes amid Australia&#8217;s recent legislation <a href="https://www.benzinga.com/general/social-media/24/11/42156355/as-meta-tiktok-x-and-snapchat-stare-at-tough-under-16-ban-australias-pm-says-destroy-personal-data-once-age-is-verified-or-risk-32m-fine">banning</a> under-16s from social media platforms.
The Australian government passed a social media ban for under-16s in December, requiring platforms like TikTok and Instagram to verify user ages.
While Meta and TikTok suggested device makers like Apple and Google should handle age assurance, the responsibility remains with app developers. The government will assess if Apple&#8217;s model meets the &#8220;reasonable steps&#8221; criteria for age verification.
<a href="https://www.benzinga.com/government/24/09/40674661/apple-gears-up-to-push-back-against-legislation-enforcing-age-restrictions-in-app-store-report">Apple&#8217;s opposition</a> to legislation enforcing age restrictions on apps has been a topic of debate. The company has been advocating for data minimization, arguing that requiring users to provide sensitive personal information for age verification is not in the best interest of user privacy and safety.
Apple&#8217;s proposed age verification technology aligns with its commitment to privacy by allowing parents to share only the age range of their children, not their actual birth dates.
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech">following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42682230/tech-bull-predicts-26-upside-for-apple-stock-sees-golden-era-of-growth-for-cupertino-due-to-multi-year-ai-driven-iphone-upgrade-cycle">Tech Bull Predicts 26% Upside For Apple Stock, Sees ‘Golden Era Of Growth' For Cupertino With AI-Driven iPhone Upgrade Cycle</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

AAPL

Tim Cook's Apple Is Developing New Technology To Help Social Media Apps Determine If Users Are Under 16

Germany Unemployment Rate For February Unchanged At 6.2% Vs. 6.2% Est.

Germany Unemployment Change For February 5K Vs. 14K Est.; 11K Prior

Press Releases

Perella Weinberg to Announce Second Quarter 2024 Financial Results and to Host Conference Call on August 2, 2024

Perella Weinberg Announces Partner Promotions

Dividends

Perella Weinberg Reports Second Quarter 2024 Results

Management

Susan Roddy Joins Perella Weinberg as Partner

Perella Weinberg to Announce Third Quarter 2024 Financial Results and to Host Conference Call on November 8, 2024

Michael Masterson Joins Perella Weinberg as Partner

Perella Weinberg Reports Third Quarter 2024 Results

Erik Maris Joins Perella Weinberg

Perella Weinberg to Announce Full Year and Fourth Quarter 2024 Financial Results and to Host Conference Call on February 7, 2025

Perella Weinberg Reports Full Year and Fourth Quarter 2024 Results

BGC Group

Evercore

Freedom Holding

Futu Holdings Limited - American Depositary Shares

Futu Hldgs

Goldman Sachs Group, Inc. (The) Common Stock

Goldman Sachs Gr

Houlihan Lokey, Inc. Class A Common Stock

Houlihan Lokey

Robinhood Markets, Inc. - Class A Common Stock

Robinhood Markets

Interactive Brokers Group, Inc. - Class A Common Stock

Interactive Brokers Gr

Jefferies Financial Group Inc. Common Stock

Jefferies Financial Gr

Lazard

LPL Financial Holdings Inc. - Common Stock

LPL Finl Hldgs

Moelis

Marex Group

Morgan Stanley

Nomura Holdings Inc ADR American Depositary Shares

Nomura Holdings

Oppenheimer Holdings, Inc. Class A Common Stock (DE)

Oppenheimer Hldgs

Piper Sandler

PJT Partners

Raymond James Financial, Inc. Common Stock

Raymond James Finl

Charles Schwab Corporation (The) Common Stock

Charles Schwab

Stifel Financial Corporation Common Stock

Stifel Financial

StoneX Group

UP Fintech Holding Limited - American Depositary Shares representing fifteen Class A Ordinary Shares

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