Pyxis Oncology (NASDAQ:PYXS) Bolsa

PYXIS ONCOLOGY INC

Pyxis Oncology

Pyxis Oncology Inc is a preclinical oncology company focused on developing an arsenal of next-generation therapeutics to target difficult-to-treat cancers and improve quality of life for patients. It develops the product candidates with the objective to directly kill tumor cells, and to address the underlying pathologies created by cancer that enable its uncontrollable proliferation and immune evasion.

Pyxis Oncology Inc

Kevin O'Leary, also known as "Mr Wonderful," says artificial intelligence is helping businesses like his fight inflation and survive margin pressure brought on by new tariffs.
What Happened: In a video posted Tuesday on X, formerly Twitter, the "Shark Tank" investor broke down how companies are coping with rising costs, citing General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) as an example of how businesses may navigate a <a href="https://www.benzinga.com/news/topics/25/07/46699454/kevin-oleary-says-the-tariff-drama-is-settling-and-the-markets-calming-because-trump-found-the-loophole">45% margin hit</a>.
"This may be the roadmap for every business," O'Leary said on Fox Business.
One-third of the margin hit, they're going to eat themselves, so they're going to have to find ways to be more productive, he said. One-third, they're going to push out on price increases, which "I agree is inflationary."
But the last third? That's where AI comes in.
See also:&nbsp;<a href="https://www.benzinga.com/news/movers-shakers/25/06/45807280/elon-musk-bleeds-34-billion-as-tesla-shares-tank-14-amid-spat-with-trump-how-the-billionaires-fortune-has-fared-so-far-in-2025" target="_blank" rel="noreferrer noopener">Elon Musk Loses $34 Billion As Tesla Sheds $153 Billion Amid Feud With Trump—Here&#8217;s How The Billionaire&#8217;s Fortune Has Fared So Far In 2025</a>
He emphasized that every one of the 54 small businesses in his private portfolio is now leveraging vertical applications of AI to reduce operational costs — whether in insurance, wireless charging, or other sectors.
"We've never had tariffs before with an AI multiplier in it," he said. "This forces us to figure out a way to be more productive."
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This may be the roadmap for every business. One-third reduction they&#39;re gonna eat themselves so they&#39;re gonna have to find ways to be more productive to absorb that hit. One-third they&#39;re gonna push out on price increases, which I agree is inflationary. But here&#39;s the big… <a href="https://t.co/TYtE7j3p5o">pic.twitter.com/TYtE7j3p5o</a>
&mdash; Kevin O&#39;Leary aka Mr. Wonderful (@kevinolearytv) <a href="https://twitter.com/kevinolearytv/status/1950315671046258971?ref_src=twsrc%5Etfw">July 29, 2025</a></blockquote>
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Why It's Important: O'Leary's comments come as many companies grapple with rising tariffs and inflationary pressure, especially in sectors heavily exposed to global supply chains.
His view reflects a growing consensus that artificial intelligence is not just a tech trend but a crucial tool for business survival and <a href="https://www.benzinga.com/markets/tech/25/07/46365117/goldman-bets-on-ai-developer-to-boost-productivity-could-this-be-the-future-of-wall-street-jobs">long-term productivity gains</a>.
Last week, Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) CEO Sundar Pichai reportedly urged employees to increase their <a href="https://www.benzinga.com/markets/tech/25/07/46711169/sundar-pichai-tells-employees-to-embrace-ai-or-fall-behind-as-google-parent-prepares-for-85-billion-spending-surge">use of AI to boost productivity</a>, highlighting that the company must &#8220;accomplish more&#8221; without expanding headcount.
Earlier this month, Yahoo Japan also instructed its 11,000 employees to incorporate generative AI into their daily workflows, to double productivity through automation by 2028.
AI-driven automation has also contributed to a surge in tech industry layoffs, impacting as many as 80,000 workers. Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), for example, has laid off 15,000 employees while simultaneously <a href="https://www.benzinga.com/markets/tech/25/06/46076895/microsofts-layoffs-news-july-2025-ai-investment-80-billion">allocating $80 billion toward</a> AI development.
Read next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/media/25/05/45687166/apple-may-see-fewer-searches-in-safari-but-google-ceo-sundar-pichai-insists-ai-is-fueling-overall-query-growth-far-from-a-zero-sum-game" target="_blank" rel="noreferrer noopener">Apple May See Fewer Searches In Safari, But Google CEO Sundar Pichai Insists AI Is Fueling Overall Query Growth: ‘Far From A Zero-Sum Game'</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Tech

GOOG

GOOGL

MSFT

Kevin O'Leary Says All 54 Of His Small Businesses Are Using AI To Cut Costs, Stay Competitive Amid Tariffs

Nissan Motor Co (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NSANY#OTC">NSANY</a>) reported quarterly losses of $(0.46) per share. This is a 560 percent decrease over earnings of $0.10 per share from the same period last year. The company reported $18.726 billion in sales this quarter. This is a 2.68 percent decrease over sales of $19.241 billion the same period last year.

Earnings

News

NSANY

Nissan Motor Co Q1 EPS $(0.46) Down From $0.10 YoY, Sales $18.726B Down From $19.241B YoY

Shares of Opendoor Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPEN#NASDAQ">OPEN</a>) have whipsawed over the past week, while hedge fund manager Eric Jackson, who ignited its rally, asks investors to keep calm.
Check out the current price of&nbsp;<a href="https://www.benzinga.com/quote/OPEN" target="_blank" rel="noreferrer noopener">OPEN stock here</a>.
What Happened: On Tuesday, in a post on X, Jackson reaffirmed his long-term target of $82 a share for the stock, which represents an upside of 3,900% from current levels.
In his post, Jackson laid out the valuation math behind his claims, pushing back against criticism that his projections were &#8220;too vague.&#8221;
See Also: <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46618162/opendoor-kohls-stocks-recover-growing-sense-fomo-could-fuel-more-meme-stock-rallies">Opendoor, Kohl&#8217;s Stocks Recover As A &#8216;Growing Sense Of FOMO&#8217; Could Fuel More Meme Stock Rallies</a>
Jackson's model hinges on the forward enterprise value-to-revenue ratio, which he says is used for platforms like Carvana Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>) and Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>). &#8220;They're not profitable yet. EV/EBITDA is useless. It's all about revenues and looking forward, not back.&#8221;
He says that with this math, the target for Opendoor comes out to $31 now, the target that it would hit &#8220;hopefully&#8221; by December, while adding that &#8220;$82 by 2028 isn&#8217;t crazy.&#8221;
According to Jackson, in February 2021, Opendoor&#8217;s enterprise value was at 5.1 times its forward revenue. This ratio is now at 0.4x, and citing Bloomberg estimates that put its 2026 revenue at $5.75 billion and 2029 revenue at $12 billion, he says, &#8220;that math implies a fair value of $31 per share near-term and $82 longer term.&#8221;
Jackson acknowledged that next week's earnings call may not convince skeptics. &#8220;OPEN will likely be EBITDA positive. Bears will say it's a fluke.&#8221;
This comes as the stock witnessed a steep 12.39% decline on Tuesday, closing at $2.05 per share, after touching a high of $4.97 a week ago, and rallying 874% from its 52-week low of $0.51 last month. 
To those concerned about the stock&#8217;s volatility, he says, &#8220;If it's too much volatility, don't buy this stock. Go trade GoPro or Kohl's or place a parlay bet on DraftKings tonight.&#8221; While asking investors to &#8220;#SitOnYourHands,&#8221; he says, &#8220;Rome wasn't built in a day. Neither were 100-baggers.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I keep hearing people say my $82 target for <a href="https://twitter.com/search?q=%24OPEN&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$OPEN</a> "in a few years" is too vague. They compare it to Cathie Wood saying TSLA will be $3,000 "someday." So here's the math behind the $82 target—step by step. No hype, just comps and numbers. &#x1f9f5;
&mdash; Eric Jackson (@ericjackson) <a href="https://twitter.com/ericjackson/status/1950256133026811995?ref_src=twsrc%5Etfw">July 29, 2025</a></blockquote>
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Why It Matters: Jackson has repeatedly drawn parallels between <a href="https://www.benzinga.com/markets/small-cap/25/07/46459498/opendoor-is-the-next-carvana-stock-surges-43-on-activist-investors-take-on-company-ill-saddle-up">Opendoor and Carvana</a>, the stock that he had purchased at $21 a share, which is now up 1,502%. This has since earned him the name, &#8220;the Carvana hedge fund guy.&#8221;
There are, however, concerns that the U.S. housing markets could continue to worsen from here, <a href="https://www.benzinga.com/real-estate/25/07/46627562/us-housing-market-will-likely-continue-to-worsen-as-long-as-it-is-faced-with-these-2-key-problems-says-oxford-economics">creating headwinds</a> for Opendoor. 
Economist Matthew Martin said earlier this week that &#8220;The supply of existing homes for sale is approaching pre‑pandemic levels as a combination of high prices, elevated mortgage rates, and concerns over the labor market keep buyers sidelined,&#8221; which does not bode well for the company.
Price Action: Opendoor shares were down 12.39% on Tuesday, closing at $2.05 per share, and are down another 3.41% after hours.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="147" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30040327/Screenshot-2025-07-30-at-1.33.17-PM-1024x147.png" alt="" class="wp-image-1006560" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30040327/Screenshot-2025-07-30-at-1.33.17-PM-1024x147.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30040327/Screenshot-2025-07-30-at-1.33.17-PM-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30040327/Screenshot-2025-07-30-at-1.33.17-PM-768x111.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30040327/Screenshot-2025-07-30-at-1.33.17-PM.png 1528w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Opendoor scores high on Momentum and Value in Benzinga&#8217;s Edge Stock Rankings, with a favorable price trend in the short, medium and long terms. Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> for deeper insights into the stock, its peers and competitors.
Read More:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/penny-stocks/25/07/46681079/wall-street-is-getting-in-on-meme-stock-action-40-of-hedge-funds-now-use-social-sentiment-tools-hire-social-media-savvy-analysts">Wall Street Is Getting In On &#8216;Meme&#8217; Stock Action: 40% of Hedge Funds Now Use Social Sentiment Tools, Hire Social Media-Savvy Analysts</a></li>
</ul>
Image via Shutterstock

Equities

Small Cap

Startups

Markets

CVNA

OPEN

UBER

Eric Jackson Asks OPEN Investors To Hold On As Stock Goes From 50 Cents To $5 To $2 — 'Rome Wasn't Built In A Day, Neither Were 100-Baggers'

SpaceX CEO Elon Musk&nbsp;is facing pressure from a U.S. senator to prevent the use of&nbsp;Starlink satellite internet service by criminal organizations in Southeast Asia.
What Happened:  Sen. Maggie Hassan (D-NH) has called on Musk to take action against transnational criminal groups operating in Southeast Asia who are using Starlink to defraud Americans, reported Reuters. She cited reports of Starlink being used by fraudulent &#8220;scam compounds&#8221; in countries such as Myanmar, Thailand and Cambodia, where, according to the United Nations, victims are coerced into labor for unlawful online operations.
The U.S. Treasury Department's Financial Crimes Enforcement Network reported that these groups have defrauded Americans of billions of dollars.
&#8220;SpaceX&nbsp;has a responsibility to block&nbsp;criminals from using the service&nbsp;to target Americans,&#8221;&nbsp;Hassan wrote in a letter&nbsp;to Musk.
Criminal networks in Southeast Asia remain a growing concern, as the United Nations reports they have trafficked hundreds of thousands of people into scam compounds across the region. Efforts to disrupt these operations—such as cutting off electricity and internet access in targeted areas—have so far failed to eliminate the problem.
SEE ALSO:&nbsp;<a href="https://benzinga.com/markets/macro-economic-events/25/07/46680157/trumps-750-billion-eu-energy-deal-wholly-unrealistic-and-absurd-say-analysts-how-wo" target="_blank" rel="noreferrer noopener">Trump&#8217;s $750 Billion EU Energy Deal &#8216;Wholly Unrealistic&#8217; And &#8216;Absurd,&#8217; Say Analysts: &#8216;How Would Literally Any Of This Work&#8217;</a>
Why It Matters: This is not the first time that Starlink has been at the center of geopolitical and security concerns. In 2022, during Ukraine&#8217;s counteroffensive against Russia, Musk&nbsp;reportedly ordered a <a href="https://www.benzinga.com/news/politics/25/07/46655908/elon-musk-ordered-starlink-shutdown-in-ukraine-during-its-counterattack-on-russia-in-2022-report">shutdown of Starlink</a>&nbsp;in strategic areas, potentially impacting the outcome of the conflict.
Starlink has also been undergoing&nbsp;widespread <a href="https://www.benzinga.com/news/space/25/07/46335831/spacexs-starlink-undergoes-widespread-faa-testing-to-improve-air-traffic-control-systems-report">testing by the FAA&nbsp;</a>to improve the Air Traffic Control System. The agency is currently testing over 41 Starlink connections at facilities across the U.S.
Speaking of scams, last week, Christina Chapman, an Arizona woman, was <a href="https://www.benzinga.com/news/legal/25/07/46508914/american-faces-sentencing-for-role-in-600-million-it-scheme-that-funds-north-koreas-nuclear-program">charged with</a> helping North Korean IT workers obtain jobs at U.S. companies using fake identities. The charges stemmed from a scheme in which IT workers obtained remote positions at 309 companies, earning $17.1 million in compensation that was ultimately funneled to North Korea.
<ul class="wp-block-list">
<li>READ MORE: <a href="https://www.benzinga.com/news/space/25/07/46486409/elon-musks-india-ambitions-get-major-boost-as-starlink-gets-approval-following-teslas-mumbai-debut">Elon Musk&#8217;s India Ambitions Get Major Boost As Starlink Gets Approval Following Tesla&#8217;s Mumbai Debut</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.

Senator Urges Elon Musk To Halt Starlink Access For Southeast Asian Financial Scammers: 'SpaceX Has A Responsibility...'

The potential extension of the&nbsp;tariff pause between the United&nbsp;States and China is contingent on President Donald Trump&#8216;s approval, according to U.S. negotiators.
What Happened:&nbsp;U.S. Treasury Secretary&nbsp;Scott Bessent&nbsp;stated on Tuesday that President Trump holds the ultimate authority over the trade deals and the impending tariff truce, CNBC&nbsp;<a href="https://www.cnbc.com/2025/07/29/trump-china-trade-tariffs-bessent.html">reported</a>. This announcement came after high-level trade officials from both countries concluded discussions in Stockholm, Sweden, marking their third round of negotiations since May.
&#8220;We&#8217;re&nbsp;going to head back to&nbsp;Washington, D.C. We&#8217;re&nbsp;going to talk to the&nbsp;president about whether that&#8217;s&nbsp;something that he wants so&nbsp;do,&#8221; said U.S. Trade Representative&nbsp;Jamieson Greer&nbsp;to reporters after the talks.
The President "has final say on all the trade deals,&#8221; stated Bessent.
Trump, while engaging with reporters on&nbsp;Air Force One, said he would receive a briefing on the negotiations&#8217; status on Wednesday, following a &#8220;very good&#8221; meeting between U.S. and Chinese officials.
Chinese trade negotiator&nbsp;Li Chenggang&nbsp;confirmed that both sides agreed to continue pushing for an extension of the 90-day pause on most U.S. &#8220;reciprocal&#8221;&nbsp;tariffs on Chinese goods, as&nbsp;well as most of Beijing&#8217;s retaliatory measures. This pause is set to expire on Aug. 12.
If no extension is agreed upon by the deadline, U.S. tariffs on Chinese goods will return to their April levels, Bessent told reporters following Tuesday&#8217;s discussions, a scenario Bessent referred to as &#8220;boomeranging&#8221;.
SEE ALSO:&nbsp;<a href="https://benzinga.com/markets/macro-economic-events/25/07/46711597/trump-calls-it-the-biggest-deal-ever-but-critics-are-pointing-out-nothings-been-sig" target="_blank" rel="noreferrer noopener">Trump Calls It &#8216;The Biggest Deal Ever,&#8217; But Critics Are Pointing Out &#8216;Nothing&#8217;s Been Signed&#8217; With The EU — Did The President Score A &#8216;Lowercase Win?&#8217;</a>
Why It Matters: The U.S. and China have been engaged in a prolonged trade dispute, which has had significant global economic implications. The lack of a trade agreement between the two countries could lead to a substantial drop in Chinese exports to the U.S., as projected by the&nbsp;<a href="https://www.benzinga.com/markets/macro-economic-events/25/07/46687133/china-risks-losing-488-billion-in-us-exports-without-trade-deal-protectionism-doesnt-protect">Observatory of Economic Complexity</a>. China stands to lose approximately $488 billion in exports to the U.S., while the U.S. could face a potential loss of over $100 billion in exports to China.
The potential extension of the tariff pause is a crucial development in this ongoing trade war.
Bessent also noted that the negotiators did not address TikTok, whose future in the U.S. remains uncertain following the passage of a law requiring its sale to avoid a ban. "We are very careful to keep trade and national security separate," the Treasury Secretary said.
The Treasury Secretary offered a cautiously optimistic view of the talks, noting that both sides' positions are becoming more &#8216;refined&#8217; and that mutual respect and understanding have grown.
Notably, Bessent also downplayed concerns about the upcoming tariff deadline for other countries, saying negotiations with the U.S. can still continue.
READ MORE: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/politics/25/07/46596629/scott-bessant-eyes-big-beautiful-rebalancing-with-china-says-beijing-must-shift-toward-consumption-teases-very-interesting-purchase-agreements">Scott Bessant Eyes &#8216;Big, Beautiful Rebalancing&#8217; With China — Says Beijing Must Shift Toward Consumption, Teases &#8216;Very Interesting&#8217; Purchase Agreements</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Trump Has The 'Final Say' On Extending US-China Truce, Says Scott Bessent After A 'Refined' Tariff Talks

Telefonica (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEF#NYSE">TEF</a>) reported quarterly earnings of $0.08 per share which missed the analyst consensus estimate of $0.09 by 11.11 percent. This is a 27.27 percent decrease over earnings of $0.11 per share from the same period last year. The company reported quarterly sales of $10.151 billion which beat the analyst consensus estimate of $9.033 billion by 12.38 percent. This is a 8.06 percent decrease over sales of $11.041 billion the same period last year.

Earnings Beats

Earnings Misses

Telefonica Q2 Adj. EPS $0.08 Misses $0.09 Estimate, Sales $10.151B Beat $9.033B Estimate

A potential Social Security Administration policy would steer roughly 3.4 million additional people a year to local field offices for routine requests such as address changes and benefit letters, even as the agency contends with staff cuts and long appointment lines, according to public filings and advocacy groups.
What Happened: In an April regulatory filing, SSA detailed a new Security Authentication PIN, or "SAP," that expands multi‑step identity verification for telephone services. Callers would be asked to generate a one‑time PIN via their online my Social Security account and those who cannot complete the step would have to use the website or visit an office.
The SSA estimates in its filing that the change will add 3.4 million field‑office visits each year and will take effect Aug. 18 if the Trump administration's Office of Management and Budget approves it.
Advocates warn that the change would intensify access problems. "This will create a significant new burden, particularly for those who live in rural areas or have transportation or mobility difficulties," wrote Kathleen Romig, director of Social Security and disability policy at the Center on Budget and Policy Priorities, arguing the administration is "rushing these changes with almost no public notice or feedback."
See Also: <a href="https://www.benzinga.com/personal-finance/management/25/07/46570058/78-americans-fear-their-social-security-wont-stretch-far-enough-aarp-survey-finds-as-trust-funds-clock-ticks-down">78% Americans Fear Their Social Security Won&#8217;t Stretch Far Enough, AARP Survey Finds As Trust Fund&#8217;s Clock Ticks Down</a>
Why It Matters: SSA's plan would land atop other recent limits. A CBPP analysis estimated nearly 1.9 million additional in‑person trips are already required for direct‑deposit banking changes, and found nearly a quarter of older adults live more than an hour round‑trip from the nearest field office. The statistic even <a href="https://www.benzinga.com/news/25/06/45810221/elizabeth-warren-slams-trump-and-musk-led-policies-forcing-13-5-million-seniors-to-take-2-million-extra-trips-to-access-social-security-services-some-never-will-collect-their-checks">had Sen. Elizabeth Warren (D-Mass.) riled up</a>.
AARP, formerly known as the American Association of Retired Persons, said the PIN expansion could create new barriers for older adults who rely on telephone access, noting many seniors don't go online or lack reliable internet.
SSA has aimed to shed <a href="https://www.benzinga.com/25/05/45446292/previous-acting-ssa-commissioner-slams-media-hysteria-says-trump-is-saving-social-security-is-he-right">about 7,000 positions soon</a> and, as per a <a href="https://www.washingtonpost.com/politics/2025/07/10/social-security-phone-service-wait-times/">report</a> by The Washington Post, redirected roughly 1,000 field‑office employees to its overwhelmed 800 line this month, moves critics say worsen in‑person delays.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/07/46713700/warren-buffetts-berkshire-now-earns-138-every-second-how-decades-old-bets-on-apple-coca-cola-chevron-are-paying-off-big-in-2025">Warren Buffett&#8217;s Berkshire Now Earns $138 Every Second—How Decades-Old Bets On Apple, Coca-Cola, Chevron Are Paying Off Big In 2025</a></li>
</ul>
Image Via Shutterstock

Health Care

General

Social Security Policy Could Force 3.4 Million Extra Office Visits A Year, Advocates Say SSA 'Rushing' Changes

Cryptocurrency analyst J.A. Maartun called out the Ethereum Foundation on Tuesday for selling a large chunk of its Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) holdings contrary to its public messaging.
What happened: In an X post, Maartun, known for tracking on-chain movements, highlighted that the non-profit organization has offloaded 25,833 ETH, worth $98.98 million at prevailing prices, in the last few months.
"Is this what belief looks like?" Maartun asked the Ethereum Foundation. "Follow actions, not words."
The accusation of hypocrisy comes after the foundation, dedicated to promoting and developing Ethereum-related technologies, wrote, "believe in somETHing" in an X post.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x1f6a8; Is this what belief looks like? In the past few months, the Ethereum Foundation has dumped 25,833 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> &#8211; nearly $100 million. Follow actions, not words. <a href="https://t.co/hAnsInJIhF">https://t.co/hAnsInJIhF</a> <a href="https://t.co/8js7vr1Lzk">pic.twitter.com/8js7vr1Lzk</a>
&mdash; Maartunn (@JA_Maartun) <a href="https://twitter.com/JA_Maartun/status/1950185694015451445?ref_src=twsrc%5Etfw">July 29, 2025</a></blockquote>
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A closer look at the movement revealed that the outflows coincided with the jump in ETH&#8217;s price. The foundation still held 189,357 ETH as of this writing.
Jack, an X user, suggested that there could be a &#8220;justified reason&#8221; for the sales outside of profit-taking. Maartun agreed but urged the ETH Foundation to be transparent in their messaging and inform investors of any on-chain moves.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">That&#39;s right. There can be completely legitimate reasons behind it. My point is just that they&#39;re saying one thing on Twitter, but showing something else on-chain&#8230; that&#39;s what I have a problem with.
&mdash; Maartunn (@JA_Maartun) <a href="https://twitter.com/JA_Maartun/status/1950189833864790262?ref_src=twsrc%5Etfw">July 29, 2025</a></blockquote>
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The Ethereum Foundation didn't immediately return Benzinga's request for comment.
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46149584/why-crypto-investors-are-receiving-internal-revenue-service-warning-letters">Why Crypto Investors Are Receiving Internal Revenue Service Warning Letters</a>
Why It Matters: Notably, <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46368490/sharplink-gaming-stock-gains-after-announcing-ethereum-purchase">around 10,000 ETH was acquired</a> by the Ethereum treasury company Sharplink Gaming Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBET#NASDAQ">SBET</a>) in an over-the-counter deal with the Ethereum Foundation earlier in the month. 
The discussions about on-chain moves come amid a remarkable comeback bounce for ETH, which nearly took the second-largest cryptocurrency <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46668408/ethereum-sees-surging-institutional-flows-is-eth-going-to-4000#:~:text=With%20this%20level%20of%20bid,%247.8%20billion%20surpassing%202024%20totals.">past the crucial $4000 mark</a>.
Price Action: At the time of writing, ETH was trading at $3,831.58, down 1.54% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.&nbsp;&nbsp;
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/07/46710463/cathie-woods-15m-crypto-bet-sells-bitcoin-king-block-doubles-down-on-ethereum-giant-bitmine-immersion">Cathie Wood&#8217;s $15M Crypto Bet: Sells Bitcoin King Block, Doubles Down On Ethereum Giant Bitmine Immersion</a></li>
</ul>
Photo: Shutterstock

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

Cryptocurrency

$ETH

IBIT

SBET

Ethereum Foundation Faces Backlash For 'Dumping' $100 Million ETH After Saying 'Believe In somETHing'

Starbucks Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) is signaling a confident stride in its &#8220;Back to Starbucks&#8221; turnaround strategy under CEO Brian Niccol, despite reporting a significant squeeze on <a href="https://www.benzinga.com/markets/earnings/25/07/46706017/starbucks-q3-earnings-revenue-beat-eps-miss-turnaround-efforts-ahead-of-schedule">third-quarter</a> fiscal year 2025 profits.
Check out the current price of <a href="https://www.benzinga.com/quote/SBUX">SBUX stock here</a>.
What Happened: The company&#8217;s consolidated net revenue reached $9.5 billion, a 3% increase year-over-year, yet global comparable store sales declined by 2%.
This profit contraction is largely attributed to substantial investments in the foundational &#8220;Back to Starbucks&#8221; plan, including an allocation of over $0.5 billion in additional labor hours over the next year and a one-time investment in its Leadership Experience 2025 event.
&#8220;It&#8217;s clear, Back to Starbucks is the right plan. It is grounded in feedback from our customers and partners, and it&#8217;s rooted in what has always set us apart,&#8221; stated Brian Niccol during the earnings call.
The <a href="https://www.benzinga.com/trading-ideas/technicals/25/07/46243370/starbucks-offers-6-million-stock-bonus-to-execs-but-should-you-buy-its-shares-heres-what-technical-analysis-shows">strategy</a> prioritizes operational improvements. The &#8220;Green Apron Service&#8221; model, which Starbucks calls its &#8220;biggest investment ever in operating standards and customer service,&#8221; is now accelerating its rollout across all U.S. company-operated coffeehouses by mid-August.
Early pilots of this service have yielded promising results, showing improvements in transactions, sales, and customer service times. Additionally, its international business posted record-breaking quarterly revenue of over $2 billion during the third quarter.
Looking ahead, Starbucks is preparing a wave of innovation for 2026. This includes a robust menu pipeline with offerings like &#8220;protein cold foam,&#8221; which features 15 grams of protein with no added sugar, set to launch in late fourth quarter, alongside reimagined artisanal baked goods and new coffee experiences.
The Starbucks Rewards program is also slated for &#8220;significant innovations&#8221; to enhance loyalty and engagement beyond discounting. &#8220;We&#8217;re not just getting Back to Starbucks. We are building a better Starbucks, where everyone can experience the best of Starbucks, one that is stronger, more resilient and consistently growing,&#8221; Niccol affirmed.
See Also: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46513468/bitcoin-miner-iren-could-surge-1572-as-sotp-valuation-pegs-300-target-hedge-fund-manager-eric-jackson-says-were-cooking-with-gas">Bitcoin Miner IREN Could Surge 1,572% As SOTP Valuation Pegs $300 Target — Hedge Fund Manager Eric Jackson Says, ‘We're Cooking With Gas'</a>
Why It Matters: Starbucks announced its <a href="https://www.benzinga.com/markets/earnings/25/07/46706017/starbucks-q3-earnings-revenue-beat-eps-miss-turnaround-efforts-ahead-of-schedule">third-quarter</a> revenue came in at $9.46 billion, surpassing analyst estimates of $9.29 billion.
However, the coffee giant reported third-quarter adjusted earnings of 50 cents per share, which fell short of analyst estimates of 65 cents per share.
Price Action: SBUX shares fell 0.76% on Tuesday but rose 4.61% in after-hours. The stock is up 0.86% year-to-date and 22.41% over the past year.
Benzinga's Edge Stock Rankings indicate that Starbucks maintains solid momentum across the short and medium term but a weaker trend over the long term. The stock scores poorly on value rankings, and its growth rating remains moderate at the 36.55th percentile. Additional performance details are <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">available here</a>.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="152" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30021309/SBUX-EDGE-new-1024x152.png" alt="" class="wp-image-1006382" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30021309/SBUX-EDGE-new-1024x152.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30021309/SBUX-EDGE-new-300x44.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30021309/SBUX-EDGE-new-768x114.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/30021309/SBUX-EDGE-new.png 1282w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and&nbsp;Invesco QQQ Trust ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, ended lower on Tuesday. The SPY was down 0.26% at $635.26, while the QQQ declined 0.15% to $567.26, according to&nbsp;<a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>&nbsp;data.
On Wednesday, the futures of the Dow Jones, S&amp;P 500, and Nasdaq 100 indices were trading higher.
Read Next:
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<li><a href="https://www.benzinga.com/markets/hedge-funds/25/07/46687204/warren-buffett-has-56-of-his-258-billion-portfolios-value-exposed-to-ai-here-are-the-5-stocks-that-are-leveraging-ai-within-berkshires-holdings">Warren Buffett Has 56% Of His $258 Billion Portfolio's Value Exposed To AI: Here Are The 5 Stocks That Are Leveraging AI Within Berkshire's Holdings</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Ned Snowman/Shutterstock

SBUX

Starbucks Turnaround Under New CEO Brian Niccols Gains Momentum, Preps For Protein Push As 'Back to Starbucks' Investments Squeeze Q3 Profits

eToro Group Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETOR#NASDAQ">ETOR</a>) is evaluating partnerships to potentially launch its own blockchain network, CEO Yoni Assia said on Tuesday, as the newly public trading platform seeks to handle millions of monthly transactions on crypto rails.
The Israeli online brokerage, which went public on Nasdaq in May, is in discussions with &#8220;four or five&#8221; different blockchain ecosystems about creating a sidechain, Assia told Fortune. He declined to identify the specific partners but emphasized that a launch remains months away.
<h2 class="wp-block-heading">The Need For Own Blockchain</h2>
&#8220;We can&#8217;t run today the millions of transactions that we&#8217;re transacting on a monthly basis on existing blockchains,&#8221; Assia said. &#8220;We&#8217;ll need, by definition, to have a dedicated blockchain if we want to run the entire eToro ecosystem.&#8221;
<h2 class="wp-block-heading">Why EToro&#8217;s Blockchain Ambitions Matter Now</h2>
The blockchain exploration comes as eToro announced Tuesday it will launch tokenized stocks on Ethereum, allowing 24/7 trading of blockchain-wrapped shares from 100 popular U.S. companies and ETFs. European users will gain initial access through a waitlist system.
See Also: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46711153/bitcoin-trades-flat-ahead-of-fed-interest-rate-decision-ethereum-dogecoin-gain-analyst-says-next-impulse-will-send-btc-to-130000">Bitcoin Trades Flat Ahead Of Fed Interest Rate Decision; Ethereum, Dogecoin Gain: Analyst Says &#8216;Next Impulse&#8217; Will Send BTC To $130,000</a>
The move mirrors competitor Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), which launched tokenized stock trading in the European Union in June and <a href="https://www.benzinga.com/crypto/25/06/46174854/robinhood-just-made-crypto-simpler-and-way-more-powerful">plans its blockchain using Arbitrum&#8217;s layer-2 technology</a>. Both CEOs argue that tokenization reduces trading costs and enables round-the-clock market operations.
However, tokenized stocks face regulatory scrutiny over potential disclosure requirement circumvention. Robinhood sparked <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46236537/openai-says-tokens-are-not-equity-no-partnership-with-robinhood-musk-says-ai-companys-equity-is-fake">controversy by offering tokenized</a> OpenAI shares without the AI company&#8217;s authorization.
<h2 class="wp-block-heading">Can Tokenized Stocks Revolutionize Trading?</h2>
Assia, who has considered tokenized stocks for over a decade, indicated eToro may expand into private company tokenization &#8220;in the near future.&#8221;
Cathie Wood&#8216;s ARK Invest has <a href="https://www.benzinga.com/news/25/06/45988075/cathie-wood-splashes-12-7-million-on-chip-giants-amd-and-taiwan-semiconductors-ark-dumps-another-45-million-worth-of-hot-circle-stock">shown confidence in eToro</a>, with ARK Fintech Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#NYSE">ARKF</a>) purchasing 35,461 shares in June. Needham analyst John Todaro initiated coverage with a Buy rating and $80 price target, viewing the platform&#8217;s crypto-traditional finance bridge as <a href="https://www.benzinga.com/analyst-stock-ratings/initiation/25/06/45840374/this-ryder-system-analyst-begins-coverage-on-a-bullish-note-here-are-top-5-initiations-for-monday">strategically positioned for growth</a>.
Price Action: eToro Group Ltd closed at $60.71 on Tuesday, down $2.79 or 4.39% for the day. As of the latest data, the stock is down $3.44 or 5.36% from its all-time high, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46712293/anthony-scaramucci-thanks-crypto-mom-hester-pierce-for-hard-fought-contribution-after-sec-approves-in-kind-redemption-for-bitcoin-ethereum-etfs">Anthony Scaramucci Thanks &#8216;Crypto Mom&#8217; Hester Pierce For &#8216;Hard-Fought Contribution&#8217; After SEC Approves In-Kind Redemption For Bitcoin, Ethereum ETFs</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo Courtesy: Grey82 On Shutterstock.com

ARKF

ETOR

HOOD

Post-IPO, eToro Eyes Own Blockchain Amid Tokenized Stocks Push, CEO Yoni Assia Says Talks Underway With Multiple Ecosystems

ALGN

ALHC

ALKT

AMRN

AMSC

ANIK

APLD

ARCB

AWRE

AXTA

BBDO

BLCO

BLFY

BLKB

BSBR

BXMT

CFLT

CGNX

CHEF

CHKP

CHRW

CLMB

CLVT

CMCO

CNMD

CNXN

COCO

COMP

CPSH

CRTO

CTOS

CTSH

DXCM

EBAY

New Oriental Education & Technology Group

ENTG

EOSE

EQIX

ETSY

EVTC

EZPW

FBRT

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FORM

FRGE

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GEHC

Earnings Scheduled For July 30, 2025

Banco Santander (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAN#NYSE">SAN</a>) reported quarterly earnings of $0.25 per share which beat the analyst consensus estimate of $0.23 by 11.11 percent. This is a 13.64 percent increase over earnings of $0.22 per share from the same period last year. The company reported quarterly sales of $16.443 billion which beat the analyst consensus estimate of $15.615 billion by 5.30 percent. This is a 2.53 percent decrease over sales of $16.870 billion the same period last year.

Banco Santander Q2 EPS $0.25 Beats $0.23 Estimate, Sales $16.443B Beat $15.615B Estimate

<ul>
<li>Led By Visionary Team Bridging Wall Street, DeFi and Web3</li>
<li>Fundamental Global Inc. to be Renamed FG Nexus Inc.</li>
<li>Fundamental Global Co-Founder Joe Moglia to serve as Executive Advisor to the Company</li>
<li>Maja Vujinovic, an Early Blockchain Pioneer, to Lead the Digital Asset Business</li>
<li>Strategic and financial investors include Galaxy Digital, Kraken, Hivemind Capital, Syncracy Capital, Digital Currency Group (DCG), and Kenetic</li>
</ul>

Fundamental Global Raises $200M In Private Placement To Launch Ethereum Treasury Strategy On ETH's 10th Anniversary

<ul>
<li>Kissei obtains an exclusive license to develop and commercialize veligrotug and VRDN-003 in Japan -</li>
<li>Viridian to receive an upfront payment of $70 million -</li>
<li>Additionally, Viridian is eligible to receive up to an additional $315 million in development, regulatory, and commercial milestone payments as well as tiered royalties on net sales in Japan in the 20s to mid-30s percent -</li>
<li>Collaboration combines Viridian's potential best-in-class portfolio in thyroid eye disease with Kissei's development and commercialization expertise in rare diseases in Japan -</li>
</ul>
 &nbsp;

VRDN

Viridian Therapeutics Signs $70M Upfront Licensing Deal With Kissei For Veligrotug And VRDN-003 iIn Japan, With Up To $315M In Milestones

Macro Economic Events

Econ #s

Economics

Germany Gross Domestic Product (QoQ) Preliminary For Q2 -0.1% Vs. -0.1% Est.; 0.4% Prior

Germany Gross Domestic Product (YoY) Preliminary For Q2 0.4% Vs. 0.2% Est.; 0.0% Prior

<ul>
<li>Operational footprint increases by 1100%; Workforce nearly triples</li>
<li>Huel's recent integration of an electric HGV will save 8.5 tonnes of CO2 per year</li>
</ul>

GXO And Huel Mark Six Years Of Strategic Partnership With 1100% Growth In Operational Footprint And Tripling Of Workforce

Larimar intends to use the net proceeds from the proposed offering to support the development&nbsp;of&nbsp;nomlabofusp and other pipeline candidates,&nbsp;and for working capital and general corporate purposes, including research and development expenses and pre-commercialization expenses.

Larimar Therapeutics, Inc. - Common Stock

LRMR

Reported Earlier, Larimar Therapeutics Prices $60M Public Offering Of 18.75M Common Shares At $3.20 Each To Advance Nomlabofusp Development

SoFi intends to use the net proceeds from the offering for general corporate purposes, including working capital and other business opportunities.

SOFI

Reported Earlier, SoFi Technologies Prices $1.5B Public Offering Of 71,942,450 Common Shares At $20.85 Each

IPOs

YMAT

Reported Earlier, J-Star Holding Prices $5M Initial Public Offering Of 1.25M Ordinary Shares At $4.00 Per Share

Press Releases

Pyxis Oncology Initiates New PYX-201 Combination Trial and Initiates Cohort Expansions of Ongoing Monotherapy Trial

Pyxis Oncology Granted FDA Fast Track Designation for PYX-201 Monotherapy in Patients with Recurrent or Metastatic Head and Neck Cancer

Pyxis Oncology to Participate at the Leerink Partners Global Healthcare Conference

Pyxis Oncology Reports Fourth Quarter and Full Year 2024 Financial Results and Provides Business Update

Pyxis Oncology to Present New Preclinical Data Supporting Development of First-In-Concept ADC Targeting EDB+FN in Tumor Microenvironment at AACR 2025

Pyxis Oncology to Participate in the Stifel 2025 Virtual Targeted Oncology Forum

Pyxis Oncology Presents Promising Preclinical Results Providing Proof of Mechanism of Micvotabart Pelidotin, the First-in-Concept Extracellular-Targeting ADC

Pyxis Oncology to Participate in Two Upcoming Investor Conferences

Pyxis Oncology Reports First Quarter 2025 Financial Results and Provides Business Update

Comments

Pyxis Oncology

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