Últimas noticias sobre Sprott (NYSE:SII) Bolsa

Sprott

Sprott Inc is an alternative asset manager. The company has four reportable segments: Exchange Listed Products, which derives key revenue, and includes management services to the company's closed-end physical trusts and exchange-traded funds, both of which are actively traded on public securities exchanges; Managed equities segment provides asset management and sub-advisory services to the company's branded funds, fixed-term LPs and managed accounts; Private strategies which provide lending and streaming activities through limited partnership vehicles; and the Corporate segment which provides capital, balance sheet management and enterprise shared services to the company's subsidiaries. Geographically, it derives key revenue from Canada, followed by the United States.

Advanced Environmental Recycling Technologies

AERT

AILE

CTXR

HONE

HSON

INTZ

KORE

LITM

NATR

PDYN

REKR

SLDP

VINC

WATT

Descubre los mayores ganadores y perdedores en el mercado previo tras movimientos impactantes en acciones clave hoy.

Las acciones de Vincerx Pharma (VINC) suben alrededor del 64%; 20 acciones que se mueven en premercado

Sprott Inc

SIG PLC

STRATEGIC INTERNET INVSTS by Strategic Internet Investments, Inc.

Siix Corp

SIIC ENVIRONMENT HLDG NEW by SIIC Environment Holdings Ltd.

SIIC Environment Holdings Ltd

U.S. stock futures rose on Monday following Friday&#8217;s advances. Futures of major benchmark indices were higher in premarket.
President Donald Trump on Friday temporarily <a href="https://benzinga.com/25/04/44778464/trump-administration-grants-tariff-reprieve-to-tech-industry-apple-and-nvidia-among-beneficiaries">exempted smartphones, computers, and chips</a> from new U.S. reciprocal tariffs, despite a 20% tariff remaining on all Chinese goods, reversing part of a recently imposed 145% tariff.
However, the Commerce Secretary Howard Lutnick indicated these <a href="https://www.benzinga.com/general/market-summary/25/04/44783093/mark-cuban-examines-trumps-tariff-exemptions-rationale-on-electronics-thats-billions-of-revenue-for-the-usa">electronics exemptions are temporary</a>, and further tariffs could follow soon. Investors also assessed the upbeat bank earnings and cooler-than-expected inflation data.
The 10-year Treasury bond yielded 4.46% and the two-year bond was at 3.92%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool&#8217;s </a>projections show markets pricing a 79.3% likelihood of the Federal Reserve keeping the current interest rates unchanged in its May meeting. 
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>1.00%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>1.44%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>1.69%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.95%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (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, rose in premarket on Monday. The SPY was up 1.47% to $541.71, while the QQQ advanced 1.75% to $462.35, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From Last Session:
U.S. stocks finished Friday&#8217;s session higher, fuelled by robust bank earnings from JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) and Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>), alongside surprisingly cooler producer inflation data up 2.7% year-on-year in March, down by 0.4% monthly.
All S&amp;P 500 sectors saw gains, with energy, information technology, and materials stocks leading the advance.
The positive sentiment resulted in significant weekly gains for the major averages: the S&amp;P 500 rose 5.7%, its best week since November 2023, the Nasdaq surged 7.3%, its best week since November 2022, and the Dow climbed approximately 5%.
The Dow Jones index climbed 619 points or 1.56% to 40,212.71, whereas the S&amp;P 500 index advanced 1.81% to 5,363.36. Nasdaq Composite rose to end 2.06% higher at 16,724.46, and the small-cap gauge, Russell 2000, jumped 1.57% to 1,860.20.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>2.06%</td>
<td>16,724.46</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>1.81%</td>
<td>5,363.36</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>1.56%</td>
<td>40,212.71</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1.57%</td>
<td>1,860.20</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
According to Louis Navellier of Navellier &amp; Associates, given the severe selling in the stock market and high trading volume, &#8220;it appears that much of the selling pressure is starting to be exhausted.&#8221;
&#8220;There is no doubt that there will be ripple effects from the Trump Administration's trade war with China. It is imperative that the velocity of money picks up if news breaks on tariffs diminishing and/or the Fed cutting key interest rates,&#8221; he added.
Amid the growing trade tensions between the U.S. and China, Goldman Sachs Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) cut its targets for key Chinese stock indexes for a second time this month.
According <a href="https://www.bloomberg.com/news/articles/2025-04-14/goldman-sachs-cuts-targets-for-china-stocks-second-time-in-april#:~:text=The%20Goldman%20team%20trimmed%20its,to%20soften%20the%20trade%20shock.">to</a> Bloomberg, "U.S.-China trade tensions have soared to unprecedented levels, prompting concerns about global recession, and decoupling risks between the two largest economies globally in other strategic cohorts, notably capital markets, technology, and geopolitics," a team led by Kinger Lau wrote in a note Monday. 
Analysts reduced 12-month price targets for the MSCI China Index to 75 from 81 and the CSI 300 Index to 4,300 from 4,500 points, suggesting potential gains of 12% and 15% respectively based on Friday&#8217;s closing prices.
Meanwhile, Wedbush Securities&#8217; Dan Ives described the exclusion of smartphones and chips from China tariffs as the &#8220;dream scenario&#8221; for tech investors, stating that it&#8217;s a &#8220;game changer.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">"This is the dream scenario for tech investors," Dan Ives, global head of technology research at Wedbush Securities, told CNBC. "Smartphones, chips being excluded is a game changer scenario when it comes to China tariffs." <a href="https://twitter.com/CNBC?ref_src=twsrc%5Etfw">@CNBC</a> &#x1f3c6;&#x1f402;&#x1f525;&#x1f447;<a href="https://t.co/BhVWX2IYyN">https://t.co/BhVWX2IYyN</a>
&mdash; Dan Ives (@DivesTech) <a href="https://twitter.com/DivesTech/status/1911066705406685306?ref_src=twsrc%5Etfw">April 12, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures </a>
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on this week:
<ul>
<li>On Monday, Philadelphia Fed President Patrick Harker will speak at 6:00 p.m., and Atlanta Fed President Raphael Bostic will speak at 7:40 p.m. ET.</li>
</ul>
<ul>
<li>On Tuesday, March&#8217;s import price index data and April&#8217;s Empire State manufacturing survey data will be released by 8:30 a.m. ET.</li>
</ul>
<ul>
<li>On Wednesday, March&#8217;s U.S. retail sales will be out by 8:30 a.m. ET.</li>
</ul>
<ul>
<li>Industrial production and capacity utilization data for March will be announced at 9:15 a.m. ET.</li>
</ul>
<ul>
<li>Business inventories for February and the home builder confidence index for April will be out by 10:00 a.m. ET.</li>
</ul>
<ul>
<li>Cleveland Fed President Beth Hammack will speak at 12:00 p.m. ET.</li>
</ul>
<ul>
<li>On Thursday, initial jobless claims data for the week ending April 12 and March&#8217;s housing starts, building permits, and April&#8217;s Philadelphia Fed manufacturing survey data will be released by 8:30 a.m. ET.</li>
</ul>
<ul>
<li>On Friday, San Francisco Fed President Mary Daly will speak at 8:00 a.m. ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>Goldman Sachs Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) was up 1.73% in premarket on Monday as it is expected to report earnings before the opening bell. Analysts expect a quarterly earnings of $12.35 per share on revenue of $14.81 billion.</li>
</ul>
<ul>
<li>M&amp;T Bank Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) jumped 4.15% as Wall Street expects it to report earnings of $3.40 per share on revenue of $2.34 billion before the opening bell.</li>
</ul>
<ul>
<li>Pinnacle Financial Partners Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PNFP#NASDAQ">PNFP</a>) was 0.16% lower as it is expected to report earnings after the closing bell. Analysts expect a quarterly earnings of $1.80 per share on revenue of $483.71 million.</li>
</ul>
<ul>
<li>Titan Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTNP#NASDAQ">TTNP</a>) was up 0.27% after it announced a $1 million private placement consisting of convertible preferred stock.</li>
</ul>
<ul>
<li>Aon PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AON#NYSE">AON</a>) advanced 0.24% after announcing a 10% increase to its quarterly cash dividend.</li>
</ul>
<ul>
<li>Synaptics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYNA#NASDAQ">SYNA</a>) was 0.82% higher after unveiling its next-generation touch controller engineered for foldable OLED displays.</li>
</ul>
<ul>
<li>BP PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>) jumped 2.75% after announcing an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America.</li>
</ul>
<ul>
<li>Sony Group Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>) rose 1.79% after increasing the PS5&#8217;s price in Europe by 25%, ahead of a likely U.S. hike.</li>
</ul>
<ul>
<li>Chipmakers Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) gained 2.35%, Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) was up 0.59%, Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) was 1.82% higher and Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) jumped 2.28% after Trump announced the he would levy tariff rate on imported semiconductors this week, adding that there would be flexibility with some companies in the sector.</li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading higher in the early New York session by 0.78% to hover around $61.98 per barrel.
Gold Spot US Dollar declined 0.32% to hover around $3,229.62 per ounce. Its fresh record high stood at $3,245.76 per ounce. The U.S. Dollar Index spot was lower by 0.66% at the 99.439 level.
Asian markets rose on Monday, including India's S&amp;P BSE Sensex, China&#8217;s CSI 300, Hong Kong's Hang Seng, Japan's Nikkei 225, Australia's ASX 200, and South Korea's Kospi index. European markets were mostly higher in early trade.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/market-summary/25/04/44783093/mark-cuban-examines-trumps-tariff-exemptions-rationale-on-electronics-thats-billions-of-revenue-for-the-usa">Mark Cuban Examines Trump&#8217;s Tariff Exemptions Rationale On Electronics: &#8216;That&#8217;s Billions Of Revenue For The USA&#8217;</a></li>
</ul>
Photo courtesy: Shutterstock

Equities

Market Summary

News

Futures

Commodities

Treasuries

Economics

Federal Reserve

Pre-Market Outlook

Markets

AVGO

NVDA

PNFP

Sony Group Corporation American Depositary Shares

SONY

SYNA

TTNP

US Stocks Likely To Open Higher: Expert Says 'The Selling Pressure Is Starting To Be Exhausted'

Michael Saylor, co-founder and executive chairman of Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), hinted at a resumption of its Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) buying streak following a week&#8217;s pause.
What happened: Saylor took to X on Sunday to post a chart that tracks the company's Bitcoin purchases, with a cryptic caption, "No Tariffs on Orange Dots."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">No Tariffs on Orange Dots <a href="https://t.co/Cg3bCVPMcM">pic.twitter.com/Cg3bCVPMcM</a>
&mdash; Michael Saylor (@saylor) <a href="https://twitter.com/saylor/status/1911408383808217104?ref_src=twsrc%5Etfw">April 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Notably, similar Sunday posts with mysterious messaging have piqued the market's interest recently, as they have <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43583287/michael-saylor-declares-death-to-blue-lines-long-live-green-dots-is-strategys-btc-purchase-streak-about-to-resume">almost always</a> preceded Bitcoin acquisitions the following Monday.&nbsp;
If Saylor's firm does announce BTC buys on Monday, it'd <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44671650/strategy-reports-59-billion-in-unrealized-bitcoin-losses-pauses-new-purchases">mark a resumption after a week's pause</a>. In a recent SEC filing, Strategy revealed that no additional BTC was purchased during the week ending April 6.
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/25/04/44677895/another-crypto-firm-set-to-go-public-galaxy-digital-foresees-nasdaq-listing-soon-after-sec-approves-delaware-move">Another Crypto Firm Set To Go Public: Galaxy Digital Foresees Nasdaq Listing Soon After SEC Approves Delaware Move</a>
As of this writing, Strategy's Bitcoin stockpile has grown to 528,185 BTCs, worth $44.68 billion, with an unrealized profit of 25%, <a href="https://bitcointreasuries.net/">according </a>to&nbsp; bitcointreasuries.com.
Why It Matters: Bitcoin and the broader cryptocurrency market witnessed a much-needed rebound last week after President Donald Trump <a href="https://www.benzinga.com/25/04/44782168/dogecoin-xrp-pumped-in-last-weeks-rebound-but-this-under-the-radar-token-was-the-real-head-turner-with-a-134-rally">relaxed his sweeping tariff measures</a>, which had been the sector&#8217;s undoing recently.
However, Bitcoin mining, a critical part of the industry, <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44672428/analyst-warns-tariffs-could-push-us-bitcoin-mining-build-costs-20-higher">may face disruptions</a>, as most U.S.-based miners rely on China for supplies of application-specific integrated circuits and the equipment that includes these chips. 
Analyst John Todaro warned that material costs for core infrastructure at U.S. Bitcoin mining sites could rise by roughly 20%, threatening to cut into miners' profits.
Notably, the U.S. has <a href="https://www.benzinga.com/news/25/04/44778488/as-trump-intensifies-tariff-war-with-china-global-economy-feels-the-tremors-whats-the-endgame-here">raised import duties on Chinese goods</a> to a whopping 145% as a result of the uncompromising stance taken by the two countries.
Price Action:&nbsp; At the time of writing, Bitcoin was exchanging hands at $84,717.19, up 0.41% 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;
Shares of Strategy were up 2.21% in pre-market trading after closing 10.2% higher at $299.98 during Friday's regular session.&nbsp;
MSTR demonstrated a high momentum score—a measure of the stock&#8217;s relative strength based on its price movement patterns and volatility over multiple timeframes—as of this writing. To find out similar high-momentum stocks,  go to <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings</a>.
Image via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/25/04/44677671/does-the-us-government-know-who-is-satoshi-nakamoto-crypto-lawyer-sues-department-of-homeland-security-to-unravel-bitcoin-creators-identity">Crypto Attorney Sues US Government To Unmask Satoshi Nakamoto, Creator Of Bitcoin</a></li>
</ul>

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

Cryptocurrency

$BTC

MSTR

Michael Saylor Signals Resumption Of Strategy's Bitcoin-Buying Streak After A Week's Break: 'No Tariffs On Orange Dots'

The shares of Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>),&nbsp;Super Micro Computer Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) climbed during the Monday pre-market trading session as the Trump administration offered a tariff reprieve to the tech industry.
What Happened: President Donald Trump has excluded a range of technology products, including certain consumer electronics made in China, from the reciprocal tariffs. The list of exemptions, released by U.S. Customs and Border Protection, effectively reduces the scope of the imposed levies.
The exclusions apply to smartphones, laptops, hard drives, and computer processors and memory chips, shielding them from Trump's proposed 125% tariff on Chinese goods and the baseline 10% global tariff on most other countries. This move provides significant, albeit potentially temporary, relief for global tech giants such as Apple and Nvidia.
The shares of Apple and SMCI climbed 5.37% and 5.31%, respectively, while AMD and Nvidia rose 2.36% and 2.24%, each during the pre-market session.
SEE ALSO:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/04/44779946/unprecedented-3-billion-xrp-trade-fuels-market-rebound" target="_blank" rel="noreferrer noopener">Unprecedented $3 Billion XRP Trade Fuels Market Rebound, What&#8217;s Happening? &#8211; Benzinga</a>
Why It Matters: The exclusions were included in the original order to prevent additional tariffs on specific sectors from piling up on top of the nationwide rates. This implies that these products may soon face a different tariff structure, likely a reduced rate for China. 
However, this tariff relief could be temporary. This move comes on the heels of President Trump&#8217;s announcement that he would reveal the tariff rate on <a href="https://www.benzinga.com/25/04/44782569/trump-to-unveil-semiconductor-tariff-plan-this-week-signals-flexibility-on-tech-exemptions">imported semiconductors</a> in the coming week amid an investigation into semiconductors as per Section 232 trade law. According to a report by Reuters, Trump emphasized the desire to manufacture semiconductors domestically, suggesting a potential shift in the administration&#8217;s trade policy.
Meanwhile, President Trump emphasized on his Truth Social on Sunday that&nbsp;"NOBODY is getting ‘off the hook'"&nbsp;suggesting that tariffs and levies on tech products are essentially just being shifted to a different category.
<ul>
<li>READ MORE:&nbsp;<a href="https://benzinga.com/25/04/44781876/om-tokens-90-crash-leaves-holders-reeling-with-lossesmantra-blames-reckless-liquidations-but-are-big-players-involved" target="_blank" rel="noreferrer noopener">OM Token&#8217;s 90% Crash Leaves Holders Reeling —MANTRA Blames &#8216;Reckless Liquidations,&#8217; CEO Says &#8216;Fixing This&#8217; &#8211; Benzinga</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tech

AAPL

SMCI

Apple, SMCI, Nvidia, AMD And Other Tech Stocks Climb In Monday Pre-Market: What's Going On?

Shares of WaFd, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WAFD#NASDAQ">WAFD</a>) rose sharply in today's pre-market trading following <a href="https://www.benzinga.com/quote/WAFD">second-quarter results</a>.
WaFd posted quarterly GAAP EPS of 65 cents, beating market estimates of 58 cents. The company's quarterly sales came in at $179.79 million versus expectations of $157.81 million.
WaFd shares jumped 6.4% to $26.10 in pre-market trading
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Sharps Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STSS#NASDAQ">STSS</a>) rose 73.6% to $0.0434 in pre-market trading after jumping over 36% on Friday.</li>
<li>Classover Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KIDZ#NASDAQ">KIDZ</a>) surged 61.2% to $2.99 in pre-market trading.</li>
<li>XChange TEC.INC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XHG#NASDAQ">XHG</a>) gained 43.5% to $0.2852 in pre-market after dipping 45% on Friday.</li>
<li>Theratechnologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/THTX#NASDAQ">THTX</a>) rose 32.5% to $2.57 in pre-market trading. Future Pak, on Friday, proposed to acquire the company for $255 million.</li>
<li>Gamehaus Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GMHS#NASDAQ">GMHS</a>) jumped 28% to $1.37 in pre-market trading after falling 7% on Friday.</li>
<li>Damon Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DMN#NASDAQ">DMN</a>) rose 25.8% to $0.0039 in pre-market trading after tumbling 26% on Friday.</li>
<li>Critical Metals Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRML#NASDAQ">CRML</a>) surged 23.6% to $2.67 in pre-market trading after gaining 40% on Friday. Critical Metals recently announced the completion of an independent economic assessment for its Tanbreez Project in southern Greenalnd.</li>
<li>MasterBeef Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MB#NASDAQ">MB</a>) gained 22.5% to $3.92 in pre-market trading. MASTERBEEF GROUP announced closing of $8.0 million initial public offering.</li>
<li>TMC the metals company Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMC#NASDAQ">TMC</a>) gained 20% to $2.34 in pre-market trading following a 5% gain on Friday.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Culp, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CULP#NYSE">CULP</a>) fell 56.2% to $1.71 in pre-market trading after declining around 4% on Friday.</li>
<li>Tyra Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TYRA#NASDAQ">TYRA</a>) shares tumbled 37.2% to $5.00 in pre-market trading after gaining over 5% on Friday.</li>
<li>Mixed Martial Arts Group Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMA#NYSE">MMA</a>) fell 31.6% to $1.04 in today's pre-market trading. Mixed Martial Arts Group shares jumped 92% on Friday after the company announced it had entered into a non-dilutive and unsecured $2 million revolving loan agreement.</li>
<li>UTime Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTO#NASDAQ">WTO</a>) fell 27.8% to $1.55 in pre-market trading after jumping 62% on Friday.</li>
<li>Mobile Infrastructure Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEEP#NYSE">BEEP</a>) shares fell 20% to $3.16 in pre-market trading.</li>
<li>Alta Equipment Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALTG#NYSE">ALTG</a>) shares dipped 18.3% to $3.50 in pre-market trading.</li>
<li>Global Business Travel Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GBTG#NASDAQ">GBTG</a>) shares fell 10.7% to $6.02 in pre-market trading.</li>
<li>TPG Inc.  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TPG#NASDAQ">TPG</a>) fell 10.3% to $40.00 in pre-market trading. TPG will release financial results for the first quarter before the market opens on Wednesday, May 7.</li>
<li>Perimeter Solutions, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRM#NYSE">PRM</a>) dipped 9.6% to $9.01 in pre-market trading.</li>
<li>Sally Beauty Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SBH#NYSE">SBH</a>) declined 7% to $7.91 in pre-market trading.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/04/44759831/top-3-industrials-stocks-that-may-explode-in-april">Top 3 Industrials Stocks That May Explode In April</a> </li>
</ul>
Photo via Shutterstock

Movers

Trading Ideas

ALTG

Mobile Infrastructure Corporation Common Stock

BEEP

CRML

CULP

GBTG

GMHS

KIDZ

STSS

THTX

TYRA

WAFD

Why WaFd Shares Are Trading Higher By 6%; Here Are 20 Stocks Moving Premarket

The U.S. Food and Drug Administration (FDA) announced its plans to end the mandatory animal testing of new drugs, a move that sent AI-enabled biotech companies such as Recursion Pharmaceuticals Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RXRX#NASDAQ">RXRX</a>) and Ginkgo Bioworks Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNA#NYSE">DNA</a>) rallying last week. 
What Happened: On Thursday, the new FDA commissioner, Martin Makary, announced a major reform to its drug evaluation standards. As per <a href="https://www.fda.gov/news-events/press-announcements/fda-announces-plan-phase-out-animal-testing-requirement-monoclonal-antibodies-and-other-drugs">the</a> agency&#8217;s press release, mandatory animal testing is no longer required for monoclonal antibody therapies and other drugs, and it would instead be replaced with &#8220;more effective, human relevant methods.&#8221;
The agency lays out several approaches to replace animal testing, such as AI-based computational models of toxicity, cell lines, and organoid toxicity testing in a laboratory setting. 
See More: <a href="https://benzinga.com/general/biotech/25/04/44751934/fda-grants-complete-approval-to-bayers-drug-for-certain-type-cancer-with-mutation">FDA Grants Complete Approval To Bayer&#8217;s Drug For Certain Type Cancer With Mutation</a>
Calling it a &#8220;win-win for public health and ethics,&#8221; commissioner Makary adds that drug manufacturers have performed animal testing of drugs longer than was necessary, especially those &#8220;drugs that have data in broad human use internationally.&#8221;
The move sent Nvidia Corp.-backed (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) Recursion Pharmaceuticals, along with Ginkgo Bioworks, Absci Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABSI#NASDAQ">ABSI</a>) and Schrodinger Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SDGR#NASDAQ">SDGR</a>), all techBio or AI-enabled biotech companies, rallying 27.72%, 11.23%, 23%, and 27.42%, respectively, following the announcement. 
On the flip side, however, companies operating in the preclinical laboratory services industry, such as Charles River Laboratories Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>) and Inotiv Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NOTV#NASDAQ">NOTV</a>) witnessed a steep pullback of nearly 28%, and 44%, respectively, being major legacy players in the contract research organization (CRO) space.
Why It Matters: Leading biotech analysts have, however, expressed mixed views on the FDA&#8217;s announcement, with Leerink Partners analysts referring to it as &#8220;more public relations than a change in policy,&#8221; adding that they expect minimal near-term impact on preclinical testing, as <a href="https://www.biospace.com/fda/fda-to-replace-some-animal-testing-with-ai-human-organoid-lab-models">reported</a> by BioSpace.
Analyst Rick Weissenstein of TD Cowen had a rather optimistic take on the announcement, <a href="https://www.axios.com/2025/04/10/fda-animal-testing-drug-trials">stating</a> to Axios that the initiative &#8220;combines deregulatory themes and cutting-edge technology,&#8221; in service of a broadly popular goal of reducing animal testing.
Weissenstein further adds that the FDA&#8217;s plans could help accelerate drug development with the use of AI and by leveraging computational models, resulting in lower costs and improved safety. 
<figure class="wp-block-image aligncenter 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="148" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/14043638/Screenshot-2025-04-14-at-2.05.54-PM-1024x148.png" alt="" class="wp-image-869611" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/14043638/Screenshot-2025-04-14-at-2.05.54-PM-1024x148.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/14043638/Screenshot-2025-04-14-at-2.05.54-PM-300x44.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/14043638/Screenshot-2025-04-14-at-2.05.54-PM-768x111.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/14043638/Screenshot-2025-04-14-at-2.05.54-PM-1536x223.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/14043638/Screenshot-2025-04-14-at-2.05.54-PM.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Despite its rally over the past week, shares of Recursion Pharmaceuticals don&#8217;t score too well on Benzinga&#8217;s Edge Stock Rankings, but what about Ginkgo Bioworks and Schrodinger? Sign up for <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings</a> today for more such insights.
Read More: <a href="https://benzinga.com/insights/options/25/03/44203832/this-is-what-whales-are-betting-on-recursion-pharmaceuticals">This Is What Whales Are Betting On Recursion Pharmaceuticals</a>
Photo courtesy: Shutterstock

Biotech

Government

Health Care

ABSI

NOTV

RXRX

SDGR

Nvidia-Backed Recursion, Ginkgo Bioworks Rally Following FDA's Decision To End Animal Testing

Tech investor David Sacks, who also serves as Chair of the President's Council of Advisors on Science and Technology, has unveiled four book recommendations that he considers crucial for navigating the current global landscape, particularly as the United States grapples with intensifying tariff conflicts. 
What Happened: Sacks <a href="https://x.com/DavidSacks/status/1911100414583329194">shared</a> his reading list on X, sparking interest among policymakers and tech leaders alike.
<h4 class="wp-block-heading">The Clash of Civilizations and the Remaking of World Order by Samuel P. Huntington</h4>
The first title, "The Clash of Civilizations and the Remaking of World Order" by Samuel P. Huntington, presents the idea that future conflicts will be rooted in cultural differences rather than ideology. According to Conflict Research Consortium&#8217;s <a href="https://www.beyondintractability.org/bksum/huntington-clash">summary</a> of the book by Hollie Hendrikson, Huntington's work predicts friction between major civilization blocs, including the West and China, suggesting that efforts to impose Western democratic values could exacerbate tension — an argument echoed in ongoing U.S.-China tech and <a href="https://www.benzinga.com/25/04/44757476/asia-mixed-europe-slides-as-china-tariff-hike-escalates-tensions-gold-soars-dollar-hits-two-year-low-global-markets-today-while-us-slept">trade skirmishes</a>.
<h4 class="wp-block-heading">The Tragedy of Great Power Politics by John J. Mearsheimer</h4>
John J. Mearsheimer's "The Tragedy of Great Power Politics" <a href="https://sobrief.com/books/the-tragedy-of-great-power-politics">advances</a> the concept of "offensive realism," positing that states strive for dominance in a harsh international system. Mearsheimer specifically identifies China's rise as an inevitable threat to U.S. preeminence, offering a rationale for strategic competition that resonates with the tariff measures aimed at curbing Beijing's economic surge.
See also: <a href="https://www.benzinga.com/general/market-summary/25/04/44783093/mark-cuban-examines-trumps-tariff-exemptions-rationale-on-electronics-thats-billions-of-revenue-for-the-usa">Mark Cuban Examines Trump&#8217;s Tariff Exemptions Rationale On Electronics: &#8216;That&#8217;s Billions Of Revenue For The USA&#8217;</a>
<h4 class="wp-block-heading">Destined for War by Graham Allison</h4>
Graham Allison's "Destined for War" leans on historical precedents to illustrate how a rising power often clashes with a reigning hegemon — a scenario he dubs the "Thucydides Trap." Allison's caution that economic disputes could morph into open conflict has gained traction amid the recent battle over semiconductors, electric vehicles, and other high-stakes technologies.
<h4 class="wp-block-heading">A Republic, Not an Empire by Patrick J. Buchanan</h4>
Finally, Patrick J. Buchanan's "A Republic, Not an Empire" <a href="https://mises.org/mises-review/republic-not-empire-reclaiming-americas-destiny-patrick-j-buchanan">critiques</a> the pitfalls of interventionist policies and warns against stretching the nation's military and economic resources too thin. Buchanan's call for restraint aligns with the debate over whether U.S. tariff tactics strengthen domestic industries or simply <a href="https://www.benzinga.com/markets/25/04/44756353/xi-jinping-says-there-are-no-winners-in-tariff-war-as-china-slaps-125-tariffs-on-us-goods-urges-trump-to-immediately-correct-wrongdoings">spark retaliatory moves</a>, ultimately undermining American interests.
Image via Shutterstock
Read next: <a href="https://www.benzinga.com/25/04/44783111/peter-thiel-calls-for-drastic-reset-in-us-china-economic-ties-says-half-of-americas-trade-deficit-linked-to-beijing">Palantir Co-Founder Peter Thiel Says America Needs &#8216;Drastic Reset&#8217; With China, But So Do Others</a>

Education

General

Crypto Czar David Sacks Reveals Three Must-Read Books On The U.S.-China Tariff Dispute Alongside A 'Bonus' Read

Elon Musk, CEO of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), and Jack Dorsey, co-founder of Twitter (currently X) as well as Square, now called Block Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XYZ#NYSE">XYZ</a>), have ignited a debate over intellectual property rights. The tech magnates have suggested a complete eradication of IP laws, a move that has stirred controversy in the tech industry.
What Happened: Dorsey initiated the discussion with a post on X stating, &#8220;delete all IP law.&#8221; Musk, who now owns X (formerly Twitter), promptly agreed with Dorsey&#8217;s sentiment. The discussion comes amid ongoing lawsuits faced by AI companies, including OpenAI, co-founded by Musk, over alleged copyright violations.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">delete all IP law
&mdash; jack (@jack) <a href="https://twitter.com/jack/status/1910829254214115681?ref_src=twsrc%5Etfw">April 11, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="538" height="138" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/14041805/image-88.png" alt="" class="wp-image-869567" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/14041805/image-88.png 538w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/14041805/image-88-300x77.png 300w" sizes="(max-width: 538px) 100vw, 538px" /></figure>
The debate has drawn a mixed bag of reactions. Tech evangelist Chris Messina supported Dorsey&#8217;s stance. He wrote on BlueSky social, &#8220;Jack has a point" as "Automated IP fines/3-strike rules for AI infringement may become the substitute for putting poor people in jail for cannabis possession."
Meanwhile, others, like Ed Newton-Rex of Fairly Trained, on BlueSky, criticized the interaction between the tech executives. &#8220;Tech execs declaring all-out war on creators who don't want their life's work pillaged for profit,&#8221; posted Newton-Rex.
SEE ALSO:&nbsp;<a href="https://benzinga.com/25/04/44781876/om-tokens-90-crash-leaves-holders-reeling-with-lossesmantra-blames-reckless-liquidations-but-are-big-players-invo" target="_blank" rel="noreferrer noopener">OM Token&#8217;s 90% Crash Leaves Holders Reeling —MANTRA Blames &#8216;Reckless Liquidations,&#8217; CEO Says &#8216;Fixing This&#8217;</a>
Why It Matters: The exchange of views between the tech innovators comes at a time when Meta Platforms&#8216; (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) Llama AI models have been caught in a <a href="https://www.benzinga.com/25/03/44452879/meta-profits-from-llama-ai-models-despite-denials-court-filing-reveals">copyright lawsuit</a> over the use of pirated e-books for training. 
Dorsey&#8217;s and Musk&#8217;s recent comments are in line with their long-held views on intellectual property rights. Dorsey has been a vocal critic of IP laws, viewing them as barriers to innovation. In his subsequent posts under the current one, he argued that the current IP system restricts creativity and unfairly benefits gatekeepers at the expense of creators.&nbsp;
There are "much greater models to pay creators" while claiming "the current ones take way too much from them and only rent-seek,&#8221; posted Dorsey.
Similarly, Musk&#8217;s endorsement of Dorsey&#8217;s post is consistent with his 2014 Tesla patent pledge not to enforce patents against &#8220;good faith&#8221; users. However, in a twist of events, Tesla sued Australian company, Cap-XX in 2023, suspecting the supercapacitors used for energy storage in EV batteries likely infringed on two U.S. patents held by a Tesla subsidiary.
Their recent comments have reignited the conversation around intellectual property rights in the tech industry, a topic that will undoubtedly continue to be a point of contention.
<ul>
<li>READ MORE:&nbsp;<a href="https://benzinga.com/news/25/04/44780734/tim-walz-says-its-okay-to-be-successful-but-dont-be-a-greedy-bastard-and-not-pay-your-taxes" target="_blank" rel="noreferrer noopener">Tim Walz Says, &#8216;It&#8217;s Okay To Be Successful,&#8217; But &#8216;Don&#8217;t Be A Greedy Bastard And Not Pay Your Taxes&#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.

TSLA

Elon Musk, Jack Dorsey Call For Abolition Of All Intellectual Property Laws Arguing There Are 'Much Greater Models To Pay Creators'

As Republicans make moves to reduce <a href="https://www.benzinga.com/25/04/44778750/musks-government-efficiency-push-falls-short-as-treasury-data-shows-spending-up-sharply-under-trumps-second-term-report">federal spending</a>, House Speaker Mike Johnson (R-La.) is taking a strict stance on Medicaid eligibility. 
Over the weekend, Johnson stressed that entitlement programs would be safeguarded for qualified recipients, but urged the removal of those who don't meet the criteria.
What Happened: In <a href="https://www.youtube.com/watch?v=tvTTM7nRG_0">a</a> Fox News interview, Johnson argued that the government should "eliminate" people on Medicaid who aren't "actually eligible," referring to "able-bodied workers" and "young men" as examples.
He cautioned that ineligible recipients are "draining the resources" from seniors, disabled persons, and low-income mothers.
See Also: <a href="https://www.benzinga.com/government/regulations/25/04/44757417/more-than-6000-immigrants-declared-dead-by-ssa-in-effort-to-revoke-benefits-and-encourage-self-deportation">Over 6,000 Immigrants Declared Dead By Social Security In Effort To Revoke Benefits And Force &#8216;Self-Deportation&#8217;</a>
Why It Matters: The comments come in the heels of House Republicans' adoption of a budget outline pushing $880 billion in cuts. Medicaid is a possible target, <a href="https://www.benzinga.com/personal-finance/25/03/44098458/if-a-bill-is-put-in-front-of-me-that-guts-benefits-i-will-not-vote-for-it-gop-faces-internal-divide-over-medicaid-cuts">despite resistance</a> from members like Rep. Nicole Malliotakis (R-N.Y.), who said she will not back plans that "strip benefits" from vulnerable populations.
With Republicans towing the line between spending cuts and political hazards, <a href="https://www.benzinga.com/personal-finance/25/04/44648035/white-house-official-says-if-we-renew-tax-cuts-for-the-rich-paid-for-by-throwing-people-off-medicaid-were-gonna-get-f-king-slaughtered">Medicaid's future</a> is in the balance and likely to be a crucial issue in the 2026 midterm elections.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/25/04/44706492/trump-predicts-tremendous-thundering-landslide-in-2026-midterms-says-tariffs-will-help-republicans-win-big">Trump Predicts &#8216;Tremendous, Thundering Landslide&#8217; In 2026 Midterms, Says Tariffs Will Help Republicans Win Big</a></li>
</ul>
Photo courtesy: Shutterstock

Politics

Speaker Mike Johnson Says Government Must 'Eliminate People On Medicaid' Who Are 'Not Actually Eligible To Be There'

<h3>Companies Reporting Before The Bell</h3>
• M&amp;T Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) is likely to report quarterly earnings at $3.40 per share on revenue of $2.35 billion. 
• Kestra Medical Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KMTS#NASDAQ">KMTS</a>) is expected to report quarterly loss at $0.64 per share on revenue of $15.09 million. 
• Goldman Sachs Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) is estimated to report quarterly earnings at $12.35 per share on revenue of $14.80 billion. 
• AstroNova (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALOT#NASDAQ">ALOT</a>) is estimated to report earnings for its fourth quarter. 
<h3>Companies Reporting After The Bell</h3>
• FB Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FBK#NYSE">FBK</a>) is likely to report quarterly earnings at $0.83 per share on revenue of $131.86 million. 
• Ontrak (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OTRK#NASDAQ">OTRK</a>) is likely to report quarterly loss at $1.24 per share on revenue of $3.40 million. 
• Applied Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) is expected to report quarterly loss at $0.10 per share on revenue of $62.91 million. 
• Skillsoft (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKIL#NYSE">SKIL</a>) is projected to report quarterly loss at $2.05 per share on revenue of $128.34 million. 
• Welltower (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WELL#NYSE">WELL</a>) is estimated to report quarterly earnings at $0.06 per share on revenue of $263.35 million. 
• TOMI Environmental Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TOMZ#NASDAQ">TOMZ</a>) is expected to report quarterly earnings at $0.01 per share on revenue of $3.45 million. 
• Pinnacle Finl Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PNFP#NASDAQ">PNFP</a>) is projected to report quarterly earnings at $1.80 per share on revenue of $478.54 million. 
• Health In Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HIT#NASDAQ">HIT</a>) is likely to report quarterly earnings at $0.02 per share on revenue of $6.87 million. 
• Jewett-Cameron Trading (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JCTC#NASDAQ">JCTC</a>) is likely to report earnings for its second quarter. 
• SPDR ICE Preferred Securities ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSK#NYSE">PSK</a>) is likely to report earnings for its first quarter. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

ALOT

APLD

JCTC

KMTS

OTRK

SKIL

TOMZ

WELL

Earnings Scheduled For April 14, 2025

Synaptics Unveils S3930 Series To Address Technical Demands Of Foldable OLED Displays With Advanced Sensing And Filtering

For the first quarter of 2025, the Company estimates time charter equivalent earnings for its fleet at $38,200 per day, comprising of $36,300 per day for the Company's VLCCs operating in the spot market and $42,700 per day for the Company's VLCCs on time charter. The estimated time charter equivalent earnings are based on 2,077 revenue days for the first quarter, of which 1,465 days are spot days.
Thus far in the second quarter of 2025, 56% of the available spot days have been booked at an average rate of $48,700 per day on a discharge-to-discharge basis. 73% of the available revenue days, spot and time-charter days combined, have been booked at an average rate of $45,100 per day.

DHT Holdings Estimates Q1 TCE Earnings Of $38,200/Day, Books 56% Of Q2 Spot Days At $48,700/Day

Economist Craig Shapiro has expressed skepticism regarding President Donald Trump&#8217;s trade policies, expressing concerns about tariff revenue not being able to fund the trade deficit, which is likely to widen after his proposed tax cuts. This is particularly following the <a href="https://www.benzinga.com/25/04/44778464/trump-administration-grants-tariff-reprieve-to-tech-industry-apple-and-nvidia-among-beneficiaries">exemption of smartphones, chips, and computers</a> from reciprocal tariffs on Friday.
What Happened: In a post on X, Shapiro stated, &#8220;Well. I was wrong about Trump again. He did cave. Exempting smartphones and computers from the reciprocal tariffs.&#8221;
Shapiro anticipated a shortfall in tariff revenue, which was seemingly intended to offset government deficits. &#8220;And now it seems like there won&#8217;t really be tariff revenues to help fund the deficits either,&#8221; he wrote.
This lack of tariff revenue, combined with potential future tax cuts, raises concerns about increasing the national debt. &#8220;Eventually we will get the tax cuts but unfortunately they will come with more deficit expansion and higher inflation and higher yields,&#8221; he added.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Well. I was wrong about Trump again. He did cave. Exempting smartphones and computers from the reciprocal tariffs. Even though he told us the exporting countries pay the tariffs. The execution of his tariff plan so far has been kinda horrible, caving to the stock and bond… <a href="https://t.co/Kau2OaHT4b">https://t.co/Kau2OaHT4b</a> <a href="https://t.co/MO1wXfIC41">pic.twitter.com/MO1wXfIC41</a>
&mdash; Craig Shapiro (@ces921) <a href="https://twitter.com/ces921/status/1911085859488649473?ref_src=twsrc%5Etfw">April 12, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Smartphones, computers, and semiconductors were <a href="https://www.benzinga.com/25/04/44781528/apples-preemptive-iphone-stockpile-could-disrupt-supply-chain-amid-looming-semiconductor-tariffs-warns-top-analyst-says-this-may-be-cupertinos-best-option-beyond-white-house-talks">temporarily exempted</a> from new U.S. reciprocal tariffs on Friday, despite a 20% tariff remaining on all Chinese goods, reversing part of a recently imposed 145% tariff.
However, the Commerce Secretary Howard Lutnick indicated these electronics exemptions are temporary and further tariffs could follow soon.
See Also: <a href="https://www.benzinga.com/general/market-summary/25/04/44783093/mark-cuban-examines-trumps-tariff-exemptions-rationale-on-electronics-thats-billions-of-re">Mark Cuban Examines Trump&#8217;s Tariff Exemptions Rationale On Electronics: &#8216;That&#8217;s Billions Of Revenue For The USA&#8217; </a>
Why It Matters: Additionally, Shapiro highlighted the contradiction with the administration&#8217;s previous assertions that exporting countries bear the burden of tariffs.
The macro strategist at the Bear Traps Report was critical of the implementation of the tariff plan, suggesting it lacked resolve. &#8220;The execution of his tariff plan so far has been kinda horrible, caving to the stock and bond markets only shows the rest of the world that your pain tolerance is lower than theirs,&#8221; Shapiro asserted.
This, according to Shapiro, signals a weakness in the U.S. negotiating position and undermines the potential for significant trade agreements. &#8220;There won&#8217;t be any tremendous trade deals,&#8221; he predicted.
His final remark, &#8220;Promises made. Promises kept ?&#8221; suggests a questioning of the administration&#8217;s ability to deliver on its economic pledges without adverse effects.
Price Action: After a recovery on Friday, the Nasdaq 100 index was 15.9% lower than its previous high of 22,222.61 points. The S&amp;P 500 index was down 12.75% from its record of 6,147.43 points, and the Dow Jones declined 10.78% from its 52-week high of 45,073.63 points.
On Friday, the futures on the S&amp;P 500 index rose by 1.18%, whereas the futures of Dow Jones and the Nasdaq 100 index were up 0.72% and 1.61%, respectively.
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (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 higher on Friday. The SPY was up 1.78% to $533.94, while the QQQ advanced 1.84% to $454.40, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/04/44756157/eli-lilly-abbvie-bristol-myers-regeneron-and-other-pharma-companies-slide-as-donald-trump-confirms-tariffs-on-pharma-companies" target="_blank" rel="noreferrer noopener">Eli Lilly, AbbVie, Bristol Myers, Regeneron, And Other Pharma Companies Slide As Donald Trump Confirms Tariffs On Pharma Companies</a></li>
</ul>
Photo courtesy: Shutterstock

Expert Predicts Future Tax Cuts With 'More Deficit Expansion,' With No Tariff Revenue To Fund Deficits Amid Electronics Tariff Pause

Apple Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) CEO Tim Cook previously explained the company&#8217;s decision to continue manufacturing its products in China, refuting the widespread belief that it&#8217;s due to low labor costs.
What Happened: A 2024 video of Tim Cook has resurfaced, providing insights into&nbsp;Apple&#8217;s&nbsp;manufacturing choices amid the ongoing U.S.-China tariff war. In the video, posted on X by CNBC TV18 reporter Nigel D&#8217;Souza, Cook dismissed the idea that Apple&#8217;s manufacturing in China is due to low labor costs, stating, &#8220;China stopped being a low labor cost company many years ago.&#8221;
Instead, he emphasized China&#8217;s unparalleled skilled labor concentration in one location and advanced tooling capabilities as the primary reason. Cook emphasized that &#8220;the products that we do require truly advanced tooling.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Tim Cook breaks down why Apple builds in China and why the U.S. isn't ready to replace it yet. <a href="https://t.co/OiEpyIEZlN">pic.twitter.com/OiEpyIEZlN</a>
&mdash; Nigel D&#39;Souza (@Nigel__DSouza) <a href="https://twitter.com/Nigel__DSouza/status/1910657782509973651?ref_src=twsrc%5Etfw">April 11, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
On that note, Cook emphasized the sharp difference in vocational skills between the US and China. The Apple CEO stated, "In the US, you could have a meeting of tooling engineers, and I&#8217;m not we could fill the room." In China, however, "you could fill multiple football fields&#8230;. Hence, the vocational expertise in China is very deep&#8221;.
SEE ALSO:&nbsp;<a href="https://benzinga.com/pressreleases/24/10/ab41310379/claritycheck-launches-innovative-reverse-lookup-tool-to-empower-users-against-digital-scams" target="_blank" rel="noreferrer noopener">ClarityCheck Launches Innovative Reverse Lookup Tool to Empower Users Against Digital Scams &#8211; Benzinga</a>
Why It Matters: The U.S.-China tariff war has put pressure on American companies to shift production back home. Earlier this month,&nbsp;a leading tech analyst predicted a <a href="https://www.benzinga.com/markets/equities/25/04/44728758/trumps-tariffs-could-push-apple-iphone-prices-to-a-staggering-3500-says-top-analyst">significant price hike</a> for Apple iPhones if manufacturing shifts to the U.S., potentially reaching around $3,500. This is due to the complexity of recreating the production ecosystem that currently exists in Asia.
Furthermore,&nbsp;experts opined that Apple&#8217;s supply chain could <a href="https://www.benzinga.com/25/04/44781528/apples-preemptive-iphone-stockpile-could-disrupt-supply-chain-amid-looming-semiconductor-tariffs-warns-top-analyst-says-this-may-be-cupertinos-best-option-beyond-white-house-talks">face major disruptions </a>due to new reciprocal tariffs. Apple had temporarily dodged steep tariffs on Chinese-made electronics following an exemption granted by Trump.
A recent report&nbsp;also suggested that Apple completed an <a href="https://www.benzinga.com/25/04/44706383/apple-airlifts-iphones-from-india-and-china-in-72-hour-race-to-beat-trumps-tariffs-as-stock-sinks-amid-us-china-trade-panic">urgent logistics operation</a>, transporting five planeloads of iPhones and other products from manufacturing centers in India and China to the U.S. within 72 hours, in a bid to beat President Donald Trump's new 10% reciprocal tariff on imports.
Given these complexities, Cook&#8217;s emphasis on China&#8217;s skilled labor and advanced tooling capabilities provides a clearer understanding of Apple&#8217;s manufacturing decisions.
Apple has lost over $500 billion in market capitalization since the Apr 2 &#8216;Liberation Day&#8217; tariffs. On Friday, the stock climbed 4.06% to close at $198.15, as per <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Apple holds a momentum rating of 62.11% and a quality rating of 86.50%, according to <a href="https://www.benzinga.com/quote/AAPL" target="_blank" rel="noreferrer noopener">Benzinga's Proprietary Edge Rankings</a>. For an in-depth report on more stocks and insights into growth opportunities, <a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">sign</a> <a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">up for Benzinga Edge.</a>
<ul>
<li>READ MORE:&nbsp;<a href="https://benzinga.com/news/25/04/44779863/warren-buffetts-son-sold-his-berkshire-stock-inheritance-to-buy-something-infinitely-more-valuable-than-the-500-million-it-would-be-worth-today" target="_blank" rel="noreferrer noopener">Warren Buffett&#8217;s Son Sold His Berkshire Stock Inheritance To Buy Something &#8216;Infinitely More Valuable&#8217; Than The $500 Million It Would Be Worth Today &#8211; Benzinga</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

When Apple's Tim Cook Revealed The Real Reason iPhones Are Made In China—And It's Not 'Low Labor Costs': 'China Stopped Being A Low-Wage Country Years Ago'

The CNN Money Fear and Greed index showed easing in the overall fear level, while the index remained in the &#8220;Extreme Fear&#8221; zone on Friday.
U.S. stocks settled higher on Friday, with the Dow Jones index gaining more than 600 points during the session as investors welcomed upbeat bank earnings and cooler-than-expected inflation data, while largely shrugging off trade war concerns after China raised tariffs on U.S. goods to 125%.
Producer prices cooled to 2.7% year-over-year in March, well below the 3.3% consensus, while the monthly figure declined by 0.4% — the steepest drop since 2023.
JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) reported better-than-expected first-quarter EPS and revenues. Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) reported a first-quarter 2025 EPS of $2.60, up from $2.02 a year ago and beating the consensus of $2.21.
Despite significant volatility last week, all three major averages recorded gains during the period. The S&amp;P 500 gained 5.7% to record its best week since November 2023, while the Nasdaq jumped 7.3%, notching its best week since November 2022. The Dow also jumped around 5% last week.
All sectors on the S&amp;P 500 closed on a positive note, with energy, information technology, and materials stocks recording the biggest gains on Friday.
The Dow Jones closed higher by around 619 points to 40,212.71 on Friday. The S&amp;P 500 rose 1.81% to 5,363.36, while the Nasdaq Composite climbed 2.06% to 16,724.46 during Friday's session.
Investors are awaiting earnings results from The Goldman Sachs Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), M&amp;T Bank Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>), and Pinnacle Financial Partners Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PNFP#NASDAQ">PNFP</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 12.7, the index remained in the &#8220;Extreme Fear&#8221; zone on Friday, versus a prior reading of 8.3.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/04/44759831/top-3-industrials-stocks-that-may-explode-in-april">Top 3 Industrials Stocks That May Explode In April</a> </li>
</ul>
Photo via Shutterstock

Dow Jumps Over 600 Points Following Strong Bank Earnings: Greed Index Remains In 'Extreme Fear' Zone

With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects The Goldman Sachs Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) to report quarterly earnings at $12.35 per share on revenue of $14.81 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Goldman Sachs shares rose 1.1% to $499.80 in after-hours trading.</li>
<li>Titan Pharmaceuticals Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTNP#NASDAQ">TTNP</a>) announced a $1 million private placement consisting of convertible preferred stock. Titan Pharmaceuticals shares jumped 9% to $4.00 in the after-hours trading session.</li>
<li>Analysts are expecting M&amp;T Bank Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) to post quarterly earnings at $3.40 per share on revenue of $2.34 billion. The company will release earnings before the markets open. M&amp;T Bank shares fell 1.7% to $155.34 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Aon plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AON#NYSE">AON</a>) announced a 10% increase to its quarterly cash dividend. The company raised its quarterly dividend from 67.5 cents to 74.5 cents per share. Aon shares rose 0.1% to $376.50 in the after-hours trading session.</li>
<li>Analysts expect Pinnacle Financial Partners Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PNFP#NASDAQ">PNFP</a>) to post quarterly earnings at $1.80 per share on revenue of $483.71 million after the closing bell. Pinnacle Financial Partners shares gained 0.6% to $90.58 in after-hours trading.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/04/44759831/top-3-industrials-stocks-that-may-explode-in-april">Top 3 Industrials Stocks That May Explode In April</a> </li>
</ul>
Photo via Shutterstock

Goldman Sachs, M&T Bank And 3 Stocks To Watch Heading Into Monday

Peter Thiel said the United States urgently needs an overhaul in its economic relationship with China, highlighting that China directly accounts for roughly a quarter of America&#8217;s trade deficit, with another quarter linked indirectly.
What Happened: Theil spoke with fellow Palantir co-founder Joe Lonsdale on the American Optimist podcast, discussing President Donald Trump's escalating tariff policy, where he framed the issue with China as both an economic and a geopolitical challenge.
"We need a very drastic reset with China … about a quarter of the US trade deficit is bilaterally with China and another quarter is indirectly with China," Thiel said. He suggested that while shifting production to other countries like Vietnam could help curb China's influence, such a move would require careful coordination and improvements in U.S. industrial policy.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x1f6a8;NEW: Peter Thiel with <a href="https://twitter.com/JTLonsdale?ref_src=twsrc%5Etfw">@JTLonsdale</a> on tariffs, trade policy, and China. &quot;You need a very drastic reset with China. In theory, you need to reset with other people, but what we really need to get them to do is also reset things with China.&quot; Full episode drops next week! JOE:… <a href="https://t.co/Bc7Jevxsny">pic.twitter.com/Bc7Jevxsny</a>
&mdash; American Optimist (@AmOptimistShow) <a href="https://twitter.com/AmOptimistShow/status/1910779975302607071?ref_src=twsrc%5Etfw">April 11, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Thiel also pointed out that economic ties with China are often viewed narrowly, omitting strategic risks: "There are ways that the economic relationship with China is fairly efficient … we don't really want a lot of these jobs in Wisconsin. But it's this geopolitical rivalry that's in the background that you have to factor in. The economists never factor it in properly with China."
Beyond manufacturing, Thiel hinted that artificial intelligence and automation may allow certain high-tech production lines to return to the U.S. but cautioned that any major reshoring effort would depend on regulatory changes and the cost-effectiveness of advanced machinery.
See also: <a href="https://www.benzinga.com/news/global/25/04/44781938/trump-tariffs-have-put-america-last-for-investors-peter-schiff-warns-of-a-financial-crisis-worse-than-2008">Trump Tariffs Have Put &#8216;America Last&#8217; For Investors, Peter Schiff Warns Of A Financial Crisis Worse Than 2008</a>
Why It Matters: Theil&#8217;s comments arrive on the back of Commerce Secretary Howard Lutnick&#8217;s <a href="https://www.benzinga.com/news/global/25/04/44755660/howard-lutnick-defends-trump-tariffs-saying-everybody-needs-our-economy-especially-china">forceful defense</a> of the Trump administration&#8217;s tariff policies, emphasizing the United States&#8217; role as a key consumer of global goods. Critics, however, argue that the aggressive tariffs on imported goods expose America&#8217;s vulnerability to <a href="https://www.benzinga.com/news/global/25/04/44705879/trump-tariffs-push-eu-to-hit-23-billion-in-us-exports-including-orange-juice-poulty-and-steel-from-red-states">retaliation</a> targeting its thriving services exports.
It is also worth mentioning that Michael Kratsios, a former deputy to venture capitalist Peter Thiel and one of Silicon Valley&#8217;s most influential tech policy figures, is currently in charge of the <a href="https://www.benzinga.com/media/25/04/44579268/who-is-peter-thiels-protege-michael-kratsios-now-leading-trumps-ai-strategy-amid-rising-tech-tensions-with-china">U.S. government&#8217;s AI strategy</a> amid escalating competition with China&#8217;s tech giants.
Photo Courtesy: Mark Reinstein On Shutterstock.com
Read next: <a href="https://www.benzinga.com/25/04/44781456/trumps-tariff-agenda-is-the-biggest-middle-class-hit-since-the-70s-says-larry-summers">Trump Tariffs ‘Biggest Shock For Middle Class Families' Since 1970s, Says Larry Summers</a>

Global

Palantir Co-Founder Peter Thiel Says America Needs 'Drastic Reset' With China, But So Do Others

Billionaire entrepreneur Mark Cuban addressed President Donald Trump&#8216;s tariff exemption strategy on electronics, suggesting it could generate billions in revenue for the United States, while also outlining the potential market shifts it could trigger.
What Happened: Cuban&#8217;s comments come amid the Trump administration&#8217;s back-and-forth on trade policies and their impact on the tech and manufacturing sectors.
According to Cuban, a potential exemption strategy would allow companies like Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>), which manufacture finished products in China, to import their goods into the U.S. market by paying the existing 20% tariff. This, he argues, would generate substantial revenue for the U.S. government.
&#8220;I think I see his latest exemption logic. The 20pct still holds. So Let Apple et al bring in finished inventory if they pay the 20pct tariff. Also lets them go full speed in China and bring over as much finished goods inventory as they can. That's billions of revenue for the USA,&#8221; he said.
However, Cuban also highlights the potential consequences of such a policy. He points out that if components remain subject to tariffs, companies that import components and assemble or manufacture their products outside of China would be significantly disadvantaged.
This would lead to a potential market share shift, with companies manufacturing finished goods in China gaining a competitive edge.
He also acknowledged the uncertainty surrounding the longevity of such tariffs, emphasizing that this factor could significantly impact long-term business strategies.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I think I see his latest exemption logic. The 20pct still holds. So Let Apple et al bring in finished inventory if they pay the 20pct tariff Also lets them go full speed in china and bring over as much finished goods inventory as they can That's billions of revenue for the…
&mdash; Mark Cuban (@mcuban) <a href="https://twitter.com/mcuban/status/1911460936935780830?ref_src=twsrc%5Etfw">April 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/markets/equities/25/04/44756157/eli-lilly-abbvie-bristol-myers-regeneron-and-other-pharma-companies-slide-as-donald-trump-confirms-tariffs-on-pharma-companies">Eli Lilly, AbbVie, Bristol Myers, Regeneron, And Other Pharma Companies Slide As Donald Trump Confirms Tariffs On Pharma Companies</a>
Why It Matters: The U.S. Customs and Border Protection <a href="https://content.govdelivery.com/bulletins/gd/USDHSCBP-3db9e55?wgt_ref=USDHSCBP_WIDGET_2">exempted</a> smartphones, computers, and semiconductors from reciprocal tariffs late Friday, although a 20% tariff on all Chinese goods remains. The guidance issued late Friday evening comes after Trump earlier this month imposed 145% tariffs on products from China.
However, the Commerce Secretary Howard Lutnick confirmed over the weekend that current tariff exemptions for electronics are only temporary and that additional levies—possibly impacting iPhones—could be introduced within months.
Apple received a temporary tariff exemption on Chinese-made electronics, including iPhones, but analyst <a href="https://www.benzinga.com/25/04/44781528/apples-preemptive-iphone-stockpile-could-disrupt-supply-chain-amid-looming-semiconductor-tariffs-warns-top-analyst-says-this-may-be-cupertinos-best-option-beyond-white-house-talks">Ming-Chi Kuo</a> <a href="https://www.benzinga.com/25/04/44781528/apples-preemptive-iphone-stockpile-could-disrupt-supply-chain-amid-looming-semiconductor-tariffs-warns-top-analyst-says-this-may-be-cupertinos-best-option-beyond-white-house-talks">warned this relief may be short-lived</a>. Its strategy of stockpiling inventory to mitigate trade volatility could lead to supply chain disruptions during model transitions, according to Kuo.
While production lines in China remain idle, highlighting Apple&#8217;s intent to shift manufacturing to India, the plan remains subject to change amidst ongoing trade risks like potential semiconductor tariffs.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Just after noting that semiconductor tariffs may impact iPhones, U.S. Commerce Secretary Lutnick said that electronics, including iPhones, will be subject to semiconductor tariffs in a month or two. Commerce Secretary Lutnick says tariff exemptions for electronics are only… <a href="https://t.co/3BJWWUmIz5">https://t.co/3BJWWUmIz5</a>
&mdash; 郭明錤 (Ming-Chi Kuo) (@mingchikuo) <a href="https://twitter.com/mingchikuo/status/1911470768837591132?ref_src=twsrc%5Etfw">April 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Price Action: Apple&#8217;s stock closed higher by 4.06% on Friday despite an 18.74% decline year-to-date. It was up 14.74% over the year. The exchange-traded fund tracking the Nasdaq 100 index, Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), on the other hand, fell by 10.94% on a YTD basis in 2025.
On Friday, the futures on the S&amp;P 500 index rose by 1.14%, whereas the futures of Dow Jones and the Nasdaq 100 index were up 062% and 1.59%, respectively. 
Benzinga Edge Stock Rankings indicate Apple has a negative price trend over the short, medium, and long term. Its momentum ranking was moderate at the 62.11th percentile, and its value ranking was weaker. Further fundamental details about the growth and quality rankings are <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">available here</a>. 
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/report/AAPL"><img loading="lazy" decoding="async" width="1015" height="151" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/14021735/Apple-Edge.png" alt="" class="wp-image-869399" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/14021735/Apple-Edge.png 1015w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/14021735/Apple-Edge-300x45.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/14021735/Apple-Edge-768x114.png 768w" sizes="(max-width: 1015px) 100vw, 1015px" /></a></figure>
<a href="https://www.benzinga.com/quote/AAPL/analyst-ratings">Benzinga&#8217;s analysis of 29 analysts</a> shows a consensus &#8220;buy&#8221; rating for the stock, with an average price target of $242.99, ranging from $167.88 to $300. Recent ratings from Jefferies, Keybanc, and Wedbush average $195.96, suggesting a 0.5% potential downside.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/AAPL/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="388" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/14021717/Apple-ANR-new-latesr-1024x388.png" alt="" class="wp-image-869398" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/14021717/Apple-ANR-new-latesr-1024x388.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/14021717/Apple-ANR-new-latesr-300x114.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/14021717/Apple-ANR-new-latesr-768x291.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/14021717/Apple-ANR-new-latesr.png 1173w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/25/04/44776673/pentagon-slashes-5-1-billion-in-accenture-deloitte-booz-allen-contracts-thats-a-lot-of-consulting">Pentagon Slashes $5.1 Billion In Accenture, Deloitte, Booz Allen Contracts: &#8216;That&#8217;s A Lot Of Consulting&#8217;</a></li>
</ul>
Photo courtesy: Shutterstock

Analyst Ratings

DELL

Mark Cuban Examines Trump's Tariff Exemptions Rationale On Electronics: 'That's Billions Of Revenue For The USA'

Leading chip manufacturer Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) entered the Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) mining hardware market with its Blockscale chip line but ended it after only a year of operation.
What Happened: In April 2022, Intel launched Blockscale, a set of application-specific integrated circuits designed for cryptocurrency mining in proof-of-work networks. The semiconductor giant initially aimed to supply these chips to companies like Argo Blockchain and Block, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XYZ#NYSE">XYZ</a>)
But despite initial optimism, Intel <a href="https://www.benzinga.com/markets/cryptocurrency/23/04/31864909/intel-signals-end-of-bitcoin-mining-chip-business-amid-cost-cutting-effort">discontinued the line</a> in April 2023. The form stopped taking new orders for the chips and stopped shipping in April 2024.
The decision could have been motivated by the <a href="https://www.benzinga.com/topic/bear-market">prolonged downturn</a> in the cryptocurrency industry, with Bitcoin trading 55% down from its 2021 highs.
However, things have changed remarkably since then.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Entity</td>
<td>Price (Recorded on April 18)</td>
<td>Price (Recorded at 2:10 a.m. ET)</td>
<td>Gains +/-</td>
</tr>
<tr>
<td>Bitcoin</td>
<td>$29,449.09</td>
<td>$84,307.89</td>
<td>+186%</td>
</tr>
<tr>
<td>Intel Stock</td>
<td>$32.43</td>
<td>$19.74</td>
<td>-39%</td>
</tr>
</tbody>
</table>
</figure>
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/25/04/44677895/another-crypto-firm-set-to-go-public-galaxy-digital-foresees-nasdaq-listing-soon-after-sec-approves-delaware-move">Another Crypto Firm Set To Go Public: Galaxy Digital Foresees Nasdaq Listing Soon After SEC Approves Delaware Move</a>
Cut to April 2025, and Bitcoin was worth $84,307.89 a piece, marking an impressive 186% since Intel ended its mining chips. But that's not all.
The mining sector has also grown by leaps and bounds, with the total Bitcoin hash rate surging by more than 163%, <a href="https://www.coinwarz.com/mining/bitcoin/hashrate-chart">according </a>to Coinwarz data.&nbsp;
Typically, an increase in hash rate implies an increase in computational power needed to perform mining, which, in turn, suggests the entry of more miners into the network.
Interestingly, Intel shares moved in the opposite direction, plummeting 39%, according to the last closed price of $19.74.
Price Action:&nbsp; At the time of writing, Bitcoin was exchanging hands at $84,539.42, down 0.25% 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>. 
Shares of Intel closed 0.70% lower at $19.74 during Friday&#8217;s regular session. Year-to-date, the stock has lost 1.55%.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="561" height="248" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/14030629/image-87.png" alt="" class="wp-image-869491" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/14030629/image-87.png 561w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/14030629/image-87-300x133.png 300w" sizes="(max-width: 561px) 100vw, 561px" /></figure>
Intel stock had a low momentum and growth score as of this writing. Visit <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings </a>to compare how its rival, Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), performs on these parameters.
Photo Courtesy: Tada Images On Shutterstock.com
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/25/04/44677671/does-the-us-government-know-who-is-satoshi-nakamoto-crypto-lawyer-sues-department-of-homeland-security-to-unravel-bitcoin-creators-identity">Crypto Attorney Sues US Government To Unmask Satoshi Nakamoto, Creator Of Bitcoin</a></li>
</ul>

INTC

Intel Gave Up On Bitcoin Mining Chip Business Nearly 2 Years Ago — Here's How Its Stock Has Fared Compared With BTC Since Then

Nokia networking backbone to connect ResetData's ‘AI Factory' data centers across Australia
<ul>
<li>Nokia deployment to support immediate roll-out of Australia's first sovereign and sustainable liquid immersion-cooled AI Factory data centers.</li>
<li>ResetData's AI factories up to 10 times as efficient as legacy designs, can cut emissions by 45% to deliver more sustainable AI cloud operations.</li>
<li>Nokia FP5 routing silicon provides 75% reduction in energy consumption over previous generations.</li>
</ul>

Nokia Selected To Connect ResetData's Liquid Immersion-Cooled AI Data Centers In Nationwide Rollout

Senator Elizabeth Warren (D-Mass.) has <a href="https://www.benzinga.com/25/04/44703811/elizabeth-warren-says-congress-has-power-to-pull-our-economy-back-from-the-brink-as-don-bacon-moves-to-limit-trumps-tariff-power-need-a-handful-of-republicans-not-to-bend-a-knee">once again called on Congress</a> to act decisively to halt what she describes as economic instability driven by President Donald Trump's erratic tariff policies, outlining a legislative path to rein in his authority.
What Happened: Over the weekend, Warren posted a video clip on X, formerly Twitter, from her earlier MSNBC appearance with Lawrence O&#8217;Donnell, where she criticized Trump's latest tariff maneuvers as "economic chaos."
"Congress has the power to stop this economic chaos right now," Warren said. "Here's the plan to end Trump's game of red-light, green-light with worldwide tariffs."
In the clip, Warren reiterated that Congress could <a href="https://www.benzinga.com/25/04/44703811/elizabeth-warren-says-congress-has-power-to-pull-our-economy-back-from-the-brink-as-don-bacon-moves-to-limit-trumps-tariff-power-need-a-handful-of-republicans-not-to-bend-a-knee">block Trump's ability</a> to impose new tariffs by nullifying the legal justification he's using. 
"All we have to do is pass a resolution in the House and the Senate, declaring that the particular device he's using—this fake emergency," is not valid, she said. "And that will take away his power to do that."
See Also:&nbsp;<a href="https://www.benzinga.com/25/04/44641631/trumps-reciprocal-tariffs-threaten-to-derail-big-techs-billion-dollar-ai-infrastructure-plans-analysts-warn-stargate-was-already-unlikely-to-get-to-that-scale" target="_blank" rel="noreferrer noopener">Trump&#8217;s Reciprocal Tariffs Threaten To Derail Big Tech&#8217;s Billion-Dollar AI Infrastructure Plans, Analyst Singles Out This OpenAI-Linked Project As Likely To Get Hit</a>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Congress has the power to stop this economic chaos right now. Here's the plan to end Trump's game of red-light, green-light with worldwide tariffs: <a href="https://t.co/yfabWc4qyF">pic.twitter.com/yfabWc4qyF</a>
&mdash; Elizabeth Warren (@SenWarren) <a href="https://twitter.com/SenWarren/status/1911461026807054374?ref_src=twsrc%5Etfw">April 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Warren's comments follow a turbulent week in trade policy. On Friday, the U.S. Customs and Border Protection issued a notice <a href="https://www.benzinga.com/tech/25/04/44780473/apple-escapes-supply-chain-crisis-as-trump-excludes-popular-electronics-from-tariffs">exempting electronic devices</a>—like iPhones, laptops, and tablets—from a 145% tariff on Chinese goods.
But over the weekend, commerce secretary Howard Lutnick said on ABC News that the <a href="https://www.benzinga.com/25/04/44781528/apples-preemptive-iphone-stockpile-could-disrupt-supply-chain-amid-looming-semiconductor-tariffs-warns-top-analyst-says-this-may-be-cupertinos-best-option-beyond-white-house-talks">exemption is only temporary</a>. Those products, he said, will be "included in the semiconductor tariffs, which are coming in probably a month or two."
Trump also weighed in on Truth Social, denying that an exemption was ever issued. "These products are subject to the existing 20% Fentanyl Tariffs, and they are just moving to a different Tariff ‘bucket.' The Fake News knows this, but refuses to report it."
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/14025805/Screenshot-2025-04-14-at-12.27.59%E2%80%AFPM-814x1024.png" alt="" class="wp-image-869456" /><figcaption class="wp-element-caption">Source: Truth Social</figcaption></figure>
Warren called the tariff rollouts "chaos and corruption." She argued that the uncertainty deters investment and gives Trump's political allies preferential treatment, <a href="https://edition.cnn.com/2025/04/13/business/tariffs-economy-trump-china/index.html">reported</a> CNN.
"Investors will not invest in the United States when Donald Trump is playing ‘red light, green light' with tariffs," Warren said. "And saying, ‘Oh, and for my special donors, you get a special exemption.'"
Despite the economic warnings, administration officials insist the tariffs will strengthen U.S. industry and national security. Senior Trump advisers, including Peter Navarro and Kevin Hassett, defended the policy in weekend interviews, the report noted.
JPMorgan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) now places the <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44645681/jpmorgan-raises-recession-risk-to-60-as-largest-us-tax-hike-in-60-years-hits-global-economy">odds of a U.S. recession at 60%</a>, up from 40%, citing rising trade tensions and policy uncertainty. Goldman Sachs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) has <a href="https://www.benzinga.com/25/04/44662991/goldman-sachs-raises-risk-of-recession-to-45-jefferies-calls-tariffs-a-free-hall-pass-for-tech-giants-to-reset-their-goals">similarly raised its risk outlook</a>.
Photo Courtesy: Sheila Fitzgerald On Shutterstock.com
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/25/01/43373775/tim-cook-praises-chinas-deepseek-for-driving-efficiency-stresses-apples-prudent-and-deliberate-approach-toward-capital-expenditure" target="_blank" rel="noreferrer noopener">Tim Cook Praises China&#8217;s DeepSeek For Driving Efficiency, Stresses Apple&#8217;s ‘Prudent And Deliberate&#8217; Approach Toward Capital Expenditure</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Media

Elizabeth Warren Reiterates Congress Can End Trump's 'Red-Light, Green-Light' Tariff Chaos: 'All We Have To Do Is…'

Sprott Launches Silver-Focused ETF – What's Driving Interest In The Precious Metal?

Press Releases

Sprott Launches Active Gold & Silver Miners ETF

Sprott Announces Date for 2024 Fourth Quarter Results Webcast

Dividends

Sprott Inc. Declares Fourth Quarter 2024 Dividend

Sprott Announces Year Ended 2024 Results

Sprott Announces Renewal of Normal Course Issuer Bid

Contracts

Sprott Physical Copper Trust Proceeds With Value Add Transaction

Sprott Physical Gold Trust Net Asset Value Reaches $10 Billion

Sprott Physical Copper Trust Announces Filing to List on NYSE Arca

Sprott Physical Silver Trust Net Asset Value Reaches $6 Billion

GBUG

SLVR

TSX:COP

TSX:PHYS

TSX:PSLV

TSX:SII

Smith Intl

Screenshot 2025-03-21 at 5.30.25 PM

ETFs

Gold Is Hitting New Highs, But Miners Have Catch-Up Potential – Sprott&#39;s New Actively-Managed ETF Seeks To Spot The Biggest Gainers

Screenshot 2025-01-30 at 8.15.10 AM

Sprott Launches Silver-Focused ETF – What&#39;s Driving Interest In The Precious Metal?

Screenshot 2025-01-29 at 8.29.13 AM

Silver Is A Precious Metal With Myriad Use Cases - Is Now The Time To Invest?

Screenshot 2025-01-28 at 8.17.00 AM

Silver Is Helping Power Global Electrification – Sprott&#39;s New ETF Offers Pure-Play Exposure To Miners And Physical Silver

Comments

Sprott

Noticias

Últimas noticias sobre Sprott (NYSE:SII) Bolsa

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL