TotalEnergies Option Alert: May 16 $67.5 Calls Sweep (4) near the Bid: 5000 vs 1469 OI; Earnings 4/30 Before Open 

TotalEnergies Option Alert: May 16 $67.5 Calls Sweep (4) near the Bid: 5000 @ $1.293 vs 1469 OI; Earnings 4/30 Before Open Ref=$65.64

TotalEnergies (NYSE:TTE) Bolsa

TotalEnergies

TotalEnergies is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2024, it produced 1.5 million barrels of liquids and 5.2 billion cubic feet of natural gas per day. At the end of 2024, reserves stood at 11.1 billion barrels of oil equivalent, 54% of which are liquids. During 2024, it had LNG sales of 39.8 million metric tons. The company owns interests in refineries with a capacity of nearly 1.8 million barrels a day, primarily in Europe, distributes refined products in 65 countries, and manufactures commodity and specialty chemicals. At year-end, its gross installed renewable power generation capacity was 26 gigawatts.

Industrial

TNISF

La española Técnicas Reunidas apuesta por EE. UU. y Norteamérica para ampliar su cartera con proyectos energéticos y de descarbonización.

Técnicas Reunidas activa su ofensiva en EE. UU. para captar 10.200M€ en contratos

Analyst Color

Equities

Government

News

Sector ETFs

Economics

Markets

ETFs

IGPT

iShares Dow Jones US Energy Sector Index Fund

MSFT

NVDA

ORCL

La primera semana de Trump trajo reformas clave en energía, tecnología e inmigración. Descubre cómo podrían afectar a los mercados.

Reformas de Trump: ¿Cómo están reaccionando las acciones tecnológicas y energéticas?

FSNUY

GRPTY

RNMBY

SAPMY

Descubre las seis acciones europeas que Morgan Stanley ha agregado a su lista recomendada por su potencial para superar al mercado.

Morgan Stanley: Seis nuevas acciones europeas con potencial sorprendente

TotalEnergies SE

TTEC Holdings Inc

Tetra Tech Inc

T. Rowe Price Technology ETF

TEST SEC T by Test Comp

TietoEVRY Corp

BULLION GOLD RES ORD by Bullion Gold Resources Corp.

Bullion Gold Resources Corp

As gold hovers around $3,500, Michael Gentile, the co-founder of Bastion Asset Management, believes large swathes of the sector have barely budged in recent weeks.
What Happened: On Thursday, appearing on Kitco News, Gentile said that the stocks of most junior miners, or small, early-stage mining companies, continue to trade as if prices were stuck at $1,500. 
This disconnect, Gentile says, represents one of the most overlooked opportunities in today's markets. He says the sector's smallest companies, those with sub-$100 million market caps, have been left behind despite historic highs in the spot price of the yellow metal.
&#8220;Normally, when gold hits new all-time highs, the juniors rally the hardest,&#8221; he says; however, this time around, &#8220;they're still trading at crisis-level valuations.&#8221;
See Also: <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">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>
While senior producers are &#8220;spewing cash right now, buying back stock, paying dividends [with] pristine balance sheets,&#8221; capital remains scarce for junior miners. 
Gentile, who serves on the board of several leading mining firms, believes the sector is still reeling from a post-COVID hangover, when inflation wiped out expected margin gains.
&#8220;In 2020, everyone was excited about margin expansion, but then inflation hit, and that got all eroded away,&#8221; he says. &#8220;Today, costs are much more under control. We're seeing record margins in both absolute and percentage terms.&#8221;
&#8220;Today, the majors are printing cash, that will eventually flow downstream,&#8221; he notes, predicting an M&amp;A wave and a re-rating of undervalued developers and explorers. Gentile believes there are already some signs of life, with generalist funds beginning to revisit the sector.
For risk-tolerant investors, he sees potential for &#8220;three, four, even 10 times your money&#8221; among select junior names. Still, he urges discipline, with a focus on tight cost controls, a well-aligned management team, and a clear path to profitable production.
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Stock / ETF</th>
<th class="has-text-align-center" data-align="center">YTD Performance</th>
</tr>
</thead>
<tbody>
<tr>
<td>New Found Gold Corp. (NYSEAMERICAN: NFGC)</td>
<td class="has-text-align-center" data-align="center">-22.80%</td>
</tr>
<tr>
<td>Capitan Silver Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CAPTF#OTC">CAPTF</a>)</td>
<td class="has-text-align-center" data-align="center">+141.09%</td>
</tr>
<tr>
<td>Artemis Gold Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ARGTF#OTC">ARGTF</a>)</td>
<td class="has-text-align-center" data-align="center">+93.29%</td>
</tr>
<tr>
<td>Osisko Metals Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/OMZNF#OTC">OMZNF</a>)</td>
<td class="has-text-align-center" data-align="center">+34.54%</td>
</tr>
<tr>
<td>VanEck Gold Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDX#NYSE">GDX</a>)</td>
<td class="has-text-align-center" data-align="center">+50.40%</td>
</tr>
<tr>
<td>SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>)</td>
<td class="has-text-align-center" data-align="center">+26.04%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Stocks mentioned by Gentile as having the potential to 3x, 4x, or even 10x from current levels.</figcaption></figure>
Why It Matters: Other analysts have echoed similar views on <a href="https://www.benzinga.com/markets/commodities/25/06/45754937/exclusive-golds-27-ytd-rally-is-supercharging-miners-but-theres-a-big-if">gold miner profitability</a>, with Oktay Kavrak of LeverageShares saying that &#8220;A gold rally can supercharge miner profits if costs are controlled. But that&#8217;s a big ‘if.'&#8221;
&nbsp;&#8220;If it costs $1,500 to produce an ounce and gold rises from $2,000 to $2,100, that&#8217;s a 20% boost in profits on just a 5% move in gold,&#8221; he says, but adds that the reverse is also true. 
Price Action: The spot price of Gold now trades at $3,366.42, up 0.37% for the day, 1.51% over the past 30 days, and an impressive 46.37% over the past 12 months.
<figure class="wp-block-image aligncenter size-large is-resized"><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="192" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06045152/Screenshot-2025-06-06-at-2.21.40-PM-1024x192.png" alt="" class="wp-image-940898" style="width:485px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06045152/Screenshot-2025-06-06-at-2.21.40-PM-1024x192.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06045152/Screenshot-2025-06-06-at-2.21.40-PM-300x56.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06045152/Screenshot-2025-06-06-at-2.21.40-PM-768x144.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06045152/Screenshot-2025-06-06-at-2.21.40-PM.png 1174w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
The SPDR Gold Trust scores high on Momentum according to Benzinga&#8217;s Edge Stock Rankings, and has 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 ETF.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Gold Miners Printing Record Margins – Juniors Could 10x From Here &#x7C; Gentile" width="500" height="281" src="https://www.youtube.com/embed/LKr5UW-5Umw?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Read More:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/06/45808926/robinhood-says-overnight-trading-spiked-after-trumps-tariff-surprise-retail-came-to-the-rescue">Robinhood Says Overnight Trading Spiked After Trump&#8217;s Tariff Surprise: &#8216;Retail Came To The Rescue&#8217;</a></li>
</ul>
Photo courtesy: Shutterstock

Commodities

ARGTF

CAPTF

Market Vectors ETF Trust Market Vectors Gold Miners

NFGC

OMZNF

Gold's At $3,500, But These Miners Still Trade Like It's $1,500: Investor Sees 10x Upside In These Under-The-Radar Stocks

Ascendiant Capital analyst Edward Woo maintains Knightscope (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KSCP#NASDAQ">KSCP</a>) with a Buy and lowers the price target from $30 to $26.

Price Target

Analyst Ratings

KSCP

Ascendiant Capital Maintains Buy on Knightscope, Lowers Price Target to $26

Legal

TBPH

VTRS

Theravance, Mylan Reach Settlement With Eugia Over YUPELRI ANDA Patent Litigation

Small Cap Consumer Research analyst Eric Beder reiterates Lands' End (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LE#NASDAQ">LE</a>) with a Buy and maintains $20 price target.

Reiteration

Small Cap Consumer Research Reiterates Buy on Lands' End, Maintains $20 Price Target

CDRO

Codere Online Regains Nasdaq Compliance After 20-F Filing, Delisting Hearing Canceled

FOUR

Shift4 Extends All-Cash Tender Offer To Acquire Global Blue After 90% Threshold Met, Eyes Q3 2025 Deal Closure

Ascendiant Capital analyst Edward Woo maintains Genasys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNSS#NASDAQ">GNSS</a>) with a Buy and lowers the price target from $6 to $5.5.

GNSS

Ascendiant Capital Maintains Buy on Genasys, Lowers Price Target to $5.5

The shares of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) climbed 4.98% during the Friday pre-market trading session after indications of a possible reconciliation between CEO Elon Musk and President Donald Trump. 
What Happened: On Thursday, Tesla&#8217;s market cap plummeted by a record $152 billion, marking the company&#8217;s largest market cap loss in history. This decline was attributed to an intensified conflict between Musk and Trump over the latter&#8217;s &#8220;Big Beautiful Bill.&#8221;
In a subsequent interview with&nbsp;Politico, Trump <a href="https://www.benzinga.com/news/politics/25/06/45807968/trump-signals-truce-with-elon-musk-after-online-feud-its-going-very-well-never-done-better">hinted </a>at a potential reconciliation with Musk, and the White House reportedly initiated efforts to de-escalate the situation. 
Meanwhile, Dan Ives, a prominent Wall Street analyst, believes that the ongoing feud between Musk and Trump will soon come to an end, allowing Musk to refocus on Tesla and its autonomous driving ambitions. Through a post on X, he also suggested that Tesla&#8217;s stock is currently oversold.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We believe this fight in the sandbox between Musk and Trump will be resolved soon and this feud can end and Musk can focus back on Tesla and autonomous. Musk needs a friend in the White House and we believe Musk/Trump will makeup and be friends again. Tesla way oversold here &#x1f91d;&#x1f37f;
&mdash; Dan Ives (@DivesTech) <a href="https://twitter.com/DivesTech/status/1930911687420399691?ref_src=twsrc%5Etfw">June 6, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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SEE ALSO:&nbsp;<a href="https://benzinga.com/news/politics/25/06/45808431/xi-has-bowed-to-reality-says-china-analyst-urges-more-engagement-between-leaders-to-resolve-trade-i" target="_blank" rel="noreferrer noopener">Xi Has &#8216;Bowed To Reality,&#8217; Says China Analyst, Urges More Engagement Between Leaders To Resolve Trade Issues: &#8216;No Substitute For Direct Negotiations With Trump&#8217;</a>
Why It Matters: The feud has not only affected Tesla&#8217;s stock but also sparked a public outcry for <a href="https://www.benzinga.com/news/politics/25/06/45808535/bill-ackman-and-ye-call-for-trump-musk-reconciliation-after-public-fallout-over-tax-bill">reconciliation</a>. Notable figures such as billionaire hedge fund manager Bill Ackman and rapper Ye have called for a resolution between the two influential figures. Elon Musk also seemed to embrace the idea of making peace with the President by responding to Ackman, saying, &#8220;You are not wrong.&#8221;
This development, coupled with Ives&#8217; optimistic outlook, could signal a potential recovery for Tesla&#8217;s stock in the near future.
Meanwhile, Goldman Sachs lowered its price target on Tesla on Friday from $295 to $285 while reiterating a &#8216;Neutral&#8217; rating, reported Investing.com. The analysts based their revised outlook on weaker monthly data from major regions such as the United States, Europe, and China. Goldman Sachs now projects Tesla's second-quarter deliveries to fall between 335,000 and 395,000 vehicles, depending on June&#8217;s results and how aggressively Tesla employs incentives.
Benzinga Edge Stock Rankings shows that Tesla had a strong price trend over the short, medium and long term. Its momentum ranking was moderate at the 92nd percentile, whereas its value ranking was poor at the 9th percentile; the details of other metrics are available <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06055014/Screenshot-2025-06-06-at-3.20.08%E2%80%AFPM.png" alt="" class="wp-image-940978" /></a></figure>
<ul class="wp-block-list">
<li>SEE MORE:&nbsp;<a href="https://benzinga.com/markets/tech/25/06/45784639/jeff-bezos-let-customers-cancel-their-own-amazon-orders-and-it-paid-off-big-if-you-give-people-more-" target="_blank" rel="noreferrer noopener">Jeff Bezos Let Customers Cancel Their Own Amazon Orders And It Paid Off Big: &#8216;If You Give People More Control&#8230;Maybe They&#8217;ll Order More&#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.

Tech

TSLA

Tesla Stock Climbed Nearly 5% In Friday Pre-Market: What's Going On?

Former Treasury Secretary Lawrence Summers has sharply criticized the tax bill by the President Donald Trump administration amid the ongoing feud with Elon Musk.
What Happened: Describing the &#8220;Big Beautiful Bill&#8221; as a &#8220;prescription for deadly, dangerous decline,&#8221; Larry Summers listed three key reasons for the climbing U.S. debt burden in an X post.
According to him, the government has not introduced any big spending programs lately that could contribute to the debt.
&#8220;It's not that we've launched all kinds of big new spending programs,&#8221; he said in the post. The reasons for the mounting debt, according to Summers, include;
<ul class="wp-block-list">
<li>An increase in the population aged over 65 years, which allows them to draw entitlement benefits.</li>
<li>An increase in the costs of things the government pays for, including health care.</li>
<li>Lastly, the interest payments the Treasury is making.</li>
</ul>
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The U.S. debt burden has climbed for three reasons. First is the increase in the population aged over 65, which allows them to draw entitlement benefits. Second is the increase in the costs of things the government pays for, including health care. Third is the interest payments…
&mdash; Lawrence H. Summers (@LHSummers) <a href="https://twitter.com/LHSummers/status/1930806976914620762?ref_src=twsrc%5Etfw">June 6, 2025</a></blockquote>
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</figure>
In a following post, Summers highlighted that the &#8216;Big Beautiful Bill&#8221; takes on debt on a massive scale that the U.S. &#8220;can't afford.&#8221;
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<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The big, beautiful bill is a prescription for deadly, dangerous decline. It takes on debt on a massive scale that we can't afford.<a href="https://t.co/01l7oRcTr3">https://t.co/01l7oRcTr3</a>
&mdash; Lawrence H. Summers (@LHSummers) <a href="https://twitter.com/LHSummers/status/1930806303066067353?ref_src=twsrc%5Etfw">June 6, 2025</a></blockquote>
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</figure>
See Also:&nbsp;<a href="https://www.benzinga.com/markets/equities/25/06/45764818/bill-ackman-urges-end-to-fannie-mae-freddie-mac-conservatorship-says-will-enable-them-to-operate-more-successfully-and-efficiently" target="_blank" rel="noreferrer noopener">Bill Ackman Urges End To Fannie Mae, Freddie Mac Conservatorship: Says Will Enable Them To ‘Operate More Successfully And Efficiently'</a>
Why It Matters: The Congressional Budget Office has estimated that tax changes from the &#8220;Big Beautiful Bill&#8221;, including extending provisions of the 2017 tax act, would lead to an <a href="https://www.benzinga.com/markets/equities/25/05/45536595/big-beautiful-bill-will-explode-the-deficit-and-make-the-rich-richer-congressional-budget-office-estimates-4-income-fall-for-lowest-decile-of-americans-by-2033">increase in the federal deficit by $3.8 trillion</a>. 
The document also stated, "Household resources would decrease by an amount equal to about 2 percent of income in the lowest decile (tenth) of the income distribution in 2027 and 4 percent in 2033, mainly as a result of losses of in-kind transfers, such as Medicaid and SNAP."
On the other hand, resources would increase by an amount equal to 4% for households in the highest decile in 2027 and 2% in 2033, mainly because of "reductions in the taxes they owe."
Meanwhile, it also underscored a $698 billion reduction in federal subsidies from changes to the Medicaid program and $267 billion less in federal spending for the Supplemental Nutrition Assistance Program (SNAP).
Musk also called the bill a &#8220;<a href="https://www.benzinga.com/news/politics/25/06/45757029/elon-musk-slams-congressional-spending-bill-as-a-disgusting-abomination">disgusting abomination</a>&#8221; earlier this week, which followed a very public spat on social media between President Trump and Musk on Thursday. 
Price Action: 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 Friday. The SPY was up 0.34% at $595.05, while the QQQ advanced 0.29% to $526.30, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/macro-economic-events/25/06/45790628/elon-musk-mike-lee-back-warren-buffetts-5-minute-fix-for-us-deficit-crisis-all-the-sitting-members-of-congress-are-ineligible-for-re-election-if-this-happens">Elon Musk, Mike Lee Back Warren Buffett's ‘5-Minute' Fix For US Deficit Crisis: ‘All The Sitting Members Of Congress Are Ineligible For Re-Election' If This Happens</a></li>
</ul>
Photo courtesy: Rawpixel.com / Shutterstock.com

Larry Summers Identifies 3 Key Reasons For Rising US Debt, But Doesn't Think Trump's 'Big Beautiful Bill' Is The Medicine The Country Needs

The ongoing public dispute between the CEO of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), Elon Musk, and President Donald Trump has caused a stir in the financial markets, wiping nearly $155 billion of investor wealth in a single day.
What Happened: The Musk-Trump dynamic took a sharp turn after the former began criticizing the government&#8217;s new tax bill, terming it a &#8220;spending bill&#8221; and calling it a &#8220;<a href="https://www.benzinga.com/news/politics/25/06/45757029/elon-musk-slams-congressional-spending-bill-as-a-disgusting-abomination">disgusting abomination</a>&#8221; earlier this week.
This comes after Musk&#8217;s late May <a href="https://www.benzinga.com/25/05/45661836/tesla-stock-gains-215-after-hours-as-elon-musk-ends-doge-government-role">exit from the Department of Government Efficiency</a>, or DOGE, which was directed to reducing the &#8220;wasteful spending&#8221; by the administration. &#8211;
On Thursday, Musk and Trump engaged in a <a href="https://www.benzinga.com/news/politics/25/06/45800612/trump-says-musk-has-trump-derangement-syndrome-as-battle-over-bill-heats-up-had-a-great-relationship-dont-know-if-we-will-anymore">very public spat</a> on social media, and both were seen allaying accusations against each other.
These developments dragged the stocks linked to their businesses lower in trade. While Tesla&#8217;s market capitalization dropped from $1,069 billion to $916.7 billion, the firm erased <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">$152.3 billion</a> of investor wealth.
Similarly, the market cap of Destiny Tech100 Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DXYZ#NYSE">DXYZ</a>) fund, which owns 34.6% of Musk&#8217;s SpaceX, tumbled from $466 million to $408 million, destroying $58 million of the wealth.
On the other hand, Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) wiped $490 million of the investor wealth, which is held by the <a href="https://www.benzinga.com/markets/equities/24/12/42609228/trump-transfers-entire-djt-stake-to-revocable-trust-ahead-of-inauguration">Donald J. Trump Revocable Trust</a>, with Trump being the sole beneficiary of the trust. 
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Stocks</td>
<td>M-Cap On Wed, June 4</td>
<td>M-Cap On Thurs, June 5</td>
<td>Change</td>
</tr>
<tr>
<td>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</td>
<td>$1069 billion</td>
<td>$916.7 billion</td>
<td>$152.3 billion</td>
</tr>
<tr>
<td>Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>)</td>
<td>$6.05 billion</td>
<td>$5.56 billion</td>
<td>$0.49 billion</td>
</tr>
<tr>
<td>Destiny Tech100 Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DXYZ#NYSE">DXYZ</a>)</td>
<td>$0.466 billion</td>
<td>$0.408 billion</td>
<td>$0.058 billion</td>
</tr>
</tbody>
</table>
</figure>
Meanwhile, the cryptocurrencies linked to both Musk and Trump also tumbled.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Cryptocurrencies</td>
<td>M-Cap On Wed, June 4</td>
<td>M-Cap On Thurs, June 5</td>
<td>Change</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td>
<td>$28.61 billion</td>
<td>$26.90 billion</td>
<td>$1.71 billion</td>
</tr>
<tr>
<td>Official Trump (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>)</td>
<td>$2.196 billion</td>
<td>$2.023 billion</td>
<td>$0.173 billion</td>
</tr>
</tbody>
</table>
</figure>
Cumulatively, the three securities erased $154.731 billion in investor wealth in just a single day.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/equities/25/06/45764818/bill-ackman-urges-end-to-fannie-mae-freddie-mac-conservatorship-says-will-enable-them-to-operate-more-successfully-and-efficiently" target="_blank" rel="noreferrer noopener">Bill Ackman Urges End To Fannie Mae, Freddie Mac Conservatorship: Says Will Enable Them To ‘Operate More Successfully And Efficiently'</a>
Why It Matters: Despite the apparent tension, Trump seemed unfazed, in an interview <a href="https://www.politico.com/news/2025/06/05/trump-white-house-aides-signal-a-possible-detente-with-musk-00391502">with</a> Politico on Thursday, stating, &#8220;Oh, it&#8217;s okay.&#8221; 
"It's going very well, never done better." He also mentioned his high favorability ratings, indicating a <a href="https://www.benzinga.com/news/politics/25/06/45807968/trump-signals-truce-with-elon-musk-after-online-feud-its-going-very-well-never-done-better">possible shift in his stance</a> towards Musk. 
President's aides have even scheduled a call with Musk to potentially resolve the conflict.
However, the shares of these companies witnessed a sharp drop on Thursday.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Stocks</td>
<td>Thursday Close</td>
<td>YTD Performance</td>
</tr>
<tr>
<td>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</td>
<td>-14.26%</td>
<td>-24.94%</td>
</tr>
<tr>
<td>Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>)</td>
<td>-8.04%</td>
<td>-40.86%</td>
</tr>
<tr>
<td>Destiny Tech100 Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DXYZ#NYSE">DXYZ</a>)</td>
<td>-12.42%</td>
<td>-34.39%</td>
</tr>
</tbody>
</table>
</figure>
Benzinga Edge Stock Rankings show that Tesla had a weaker price trend over the short and medium terms but a strong trend over the long term. Its momentum ranking was solid, and its value ranking was poor at the 9.28th percentile. The details of other metrics 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-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="152" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034621/TSLA-EDGE-NEW-NEW-1024x152.png" alt="" class="wp-image-940810" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034621/TSLA-EDGE-NEW-NEW-1024x152.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034621/TSLA-EDGE-NEW-NEW-300x44.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034621/TSLA-EDGE-NEW-NEW-768x114.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034621/TSLA-EDGE-NEW-NEW.png 1155w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Benzinga Edge Stock Rankings show that DJT had a weaker price trend over the short, medium, and long term. Its momentum ranking was poor, and its value ranking was also poor at the 0.94th percentile. The details of other metrics 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-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="150" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034600/DJT-edge-new-new-1024x150.png" alt="" class="wp-image-940809" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034600/DJT-edge-new-new-1024x150.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034600/DJT-edge-new-new-300x44.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034600/DJT-edge-new-new-768x112.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034600/DJT-edge-new-new.png 1156w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Benzinga Edge Stock Rankings show that DXYZ had a weaker price trend over the medium term but a strong trend over the short and long term. Its momentum ranking was solid at the 97.03th percentile. The details of other metrics 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-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/2025/06/06034516/DXYZ-Edge-1024x147.png" alt="" class="wp-image-940807" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034516/DXYZ-Edge-1024x147.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034516/DXYZ-Edge-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034516/DXYZ-Edge-768x110.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034516/DXYZ-Edge.png 1177w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/macro-economic-events/25/06/45790628/elon-musk-mike-lee-back-warren-buffetts-5-minute-fix-for-us-deficit-crisis-all-the-sitting-members-of-congress-are-ineligible-for-re-election-if-this-happens">Elon Musk, Mike Lee Back Warren Buffett&#8217;s &#8216;5-Minute&#8217; Fix For US Deficit Crisis: &#8216;All The Sitting Members Of Congress Are Ineligible For Re-Election&#8217; If This Happens </a></li>
</ul>
Photo courtesy: Joey Sussman / Shutterstock.com

Politics

$DOGE

$TRUMP

DOGE

DXYZ

Investors Pay The Price As Musk-Trump War Of Words Escalates: Once Allies, Now Foes, Their Linked Stocks, Crypto And Funds Wipe Out $155 Billion In A Single Day

Earnings

HUIZ

Huize Holding Q1 Adj EPADS $0.00 Vs. $0.05 YoY

Huize Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUIZ#NASDAQ">HUIZ</a>) reported $39.11 million in sales this quarter. This is a 9.01 percent decrease over sales of $42.98 million the same period last year.

Huize Holding Q1 Sales $39.11M Down From $42.98M YoY

QuantaSing Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QSG#NASDAQ">QSG</a>) reported quarterly earnings of $0.09 per share which missed the analyst consensus estimate of $0.18 by 50 percent. This is a 12.5 percent increase over earnings of $0.08 per share from the same period last year. The company reported quarterly sales of $78.60 million which missed the analyst consensus estimate of $83.14 million by 5.46 percent. This is a 39.98 percent decrease over sales of $130.96 million the same period last year.

Earnings Misses

QuantaSing Group Q3 Adj. EPADS $0.09 Misses $0.18 Estimate, Sales $78.60M Miss $83.14M Estimate

PONY

Pony AI Begins Public Road Tests Of Gen-7 Robotaxis In China With GAC Aion V, Showcasing 70% Cost Cut And 100% Auto-Grade Components

Macro Economic Events

Econ #s

Eurozone Gross Domestic Product (YoY) 1.5% Vs. 1.2% Est.; 1.2% Prior

Eurozone Gross Domestic Product (QoQ) For Q1 0.6% Vs. 0.3% Est.; 0.2% Prior

Mortgage Rate (GBP) 7.09% Vs. 7.19% (Revised) Prior

NOAH

Noah And ARK Outline Wealth Allocation Strategy Amid Global Volatility, Highlight AI Disruption, Tariffs, And Alternative Investment Demand

Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) Chief Brokerage Officer Steve Quirk credited retail investors with stabilizing markets following President Donald Trump&#8216;s sweeping tariff announcement in April, while highlighting record-breaking overnight trading volumes that signal a fundamental shift in market behavior.
What Happened: Speaking at the Piper Sandler Global Exchange &amp; Trading Conference on Thursday, Quirk said this marked the second time retail traders rescued volatile markets, Reuters reported. &#8220;This is the second occurrence where I would argue retail came to the rescue of the market. COVID was probably the first,&#8221; he stated.
The market turmoil followed Trump&#8217;s April 2 tariff announcement, which roiled global markets and scuttled dealmaking. Retail investors responded by purchasing $4.7 billion in stocks on April 3, the highest single-day level in the past decade, according to JPMorgan estimates, according to the report.
Overnight trading has emerged as a key growth driver for Robinhood, with May representing the company&#8217;s biggest month ever for after-hours trading volume. The platform estimates up to 25% of total daily trading volume on busy days now occurs outside traditional market hours.
&#8220;You will look back in a couple years and laugh at the notion that we waited until 9:30 Eastern for trading to start,&#8221; Quirk said, noting users in their 30s &#8220;do the research and homework in the evening&#8221; and expect round-the-clock trading access.
See Also: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45807325/bitcoin-ethereum-dogecoin-drop-as-crypto-market-loses-124-billion-amid-trump-musk-feud-and-mass-liquidations">Bitcoin, Ethereum, Dogecoin Drop As Crypto Market Loses $124 Billion Amid Trump-Musk Feud And Mass Liquidations</a>
Why It Matters: Robinhood reported record metrics for May, with total platform assets reaching an all-time high above $250 billion. Year-to-date net deposits climbed 40% to approximately $28 billion, while equity trading volumes rose 10% month-over-month and options <a href="https://www.benzinga.com/trading-ideas/movers/25/06/45794817/robinhood-stock-is-rising-thursday-whats-going-on">contracts hit all-time highs</a>.
Price Action: Robinhood Markets Inc. closed at $72.51 on Thursday, up 0.33%. In pre-market trading, the stock rose 1.70% to $73.74. Year to date, it&#8217;s up 83.85%.
According to Benzinga Edge Stock Rankings, Robinhood shows strong momentum and impressive growth, with a low value score indicating premium pricing. However, the stock maintains a positive price trend across the short to long term. Click here to <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">view the full stock breakdown</a>.
<figure class="wp-block-image aligncenter size-full is-resized"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="886" height="638" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06043030/image-85.png" alt="" class="wp-image-940866" style="width:614px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06043030/image-85.png 886w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06043030/image-85-300x216.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06043030/image-85-768x553.png 768w" sizes="(max-width: 886px) 100vw, 886px" /></a></figure>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/06/45807132/cathie-wood-drops-373-million-on-circles-168-rally-dumps-coinbase-and-crypto-holdings-is-ark-ditching-bitcoin-for-stablecoins" target="_blank" rel="noreferrer noopener">Cathie Wood Drops $373 Million On Circle's 168% Rally, Dumps Coinbase And Crypto Holdings — Is Ark Ditching Bitcoin for Stablecoins?</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo: NRSPro / Shutterstock.
 <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener"></a>

HOOD

Robinhood Says Overnight Trading Spiked After Trump's Tariff Surprise: 'Retail Came To The Rescue'

Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) has announced plans to invest more than $5 billion in Taiwan&#8217;s cloud infrastructure as it launches a new Amazon Web Services Asia Pacific Region. The investment will support the construction, connection, operation, and maintenance of data centers across the island nation.
What Happened: The new regional deployment enables organizations to build and scale using AWS&#8217;s comprehensive cloud services while meeting local data residency requirements, according to Prasad Kalyanaraman, vice president of Infrastructure Services at AWS, <a href="https://breakingthenews.net/Article/Amazon-to-invest-dollar5B-in-new-Taiwan-infrastructure-region/64242082">reported</a> Baha News. 
Services range from foundational compute and storage to advanced analytics and artificial intelligence capabilities.
AWS plans to hire additional local personnel to operate the new region as part of its commitment to developing digital skills in Taiwan&#8217;s workforce.
See Also: <a href="https://www.benzinga.com/markets/tech/25/06/45784639/jeff-bezos-let-customers-cancel-their-own-amazon-orders-and-it-paid-off-big-if-you-give-people-more-controlmaybe-theyll-order-more">Jeff Bezos Let Customers Cancel Their Own Amazon Orders And It Paid Off Big: &#8216;If You Give People More Control…Maybe They&#8217;ll Order More&#8217;</a>
Why It Matters: The Taiwan investment follows Amazon&#8217;s <a href="https://www.benzinga.com/markets/equities/25/06/45786038/amazon-expands-cloud-ai-footprint-with-10-billion-data-center-investment-in-north-carolina">recent $10 billion commitment to North Carolina data cente</a>r infrastructure announced Wednesday. That deployment will create at least 500 high-skilled positions, including data center engineers, network specialists, and security experts in Richmond County.
The company launched a new agentic AI group within its Lab126 division to <a href="https://www.benzinga.com/markets/tech/25/06/45783322/amazon-launches-new-agentic-ai-group-to-boost-robotics-enhance-user-interactions">develop systems handling complex</a>, multistep tasks. Amazon operates over 750,000 robots assisting in 75% of customer orders. 
Amazon shares traded at $207 on Thursday, maintaining positive momentum across short, medium and long-term periods according to Benzinga Edge Stock Rankings, despite year-to-date declines of 5.59%. Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here to see the full stock breakdown</a>. 
<figure class="wp-block-image aligncenter size-full is-resized"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="884" height="644" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034309/image-82.png" alt="" class="wp-image-940804" style="width:675px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034309/image-82.png 884w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034309/image-82-300x219.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/06034309/image-82-768x559.png 768w" sizes="(max-width: 884px) 100vw, 884px" /></a></figure>
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45807325/bitcoin-ethereum-dogecoin-drop-as-crypto-market-loses-124-billion-amid-trump-musk-feud-and-mass-liquidations">Bitcoin, Ethereum, Dogecoin Drop As Crypto Market Loses $124 Billion Amid Trump-Musk Feud And Mass Liquidation</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: Markus Mainka / Shutterstock.com

AMZN

Amazon Bets Big On Taiwan With $5 Billion Cloud Push, Launches New AWS Region To Power AI And Data Growth

Press Releases

SLB and TotalEnergies Announce 10-Year Partnership to Collaborate on Next-Generation Digital Solutions

SLB OneSubsea Awarded Contract for TotalEnergies' Kaminho Deepwater Project

NextDecade Announces 1.5 MTPA LNG Sale and Purchase Agreement with TotalEnergies from Rio Grande LNG Train 4

Chevron

Ecopetrol S.A. American Depositary Shares

Ecopetrol

Equinor

Occidental Petroleum Corporation Common Stock

Occidental Petroleum

Petroleo Brasileiro S.A.- Petrobras Common Stock

Petrobras Brasileiro

Petroleo Brasileiro S.A.- Petrobras American Depositary Shares

Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares)

Comments

TotalEnergies

Unusual Options Activity for

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL