Vinci Partners Inv (NASDAQ:VINP) Bolsa

Vinci Partners Inv

Vinci Partners Investments Ltd is an alternative investment platform in Brazil. Its business segments include Private Market; Liquid Strategies; Investment Products and solutions; Financial Advisory; and Retirement Services. The company's majority of its revenue comes from the Private Market segment which is comprised of five business lines: private equity, real estate, infrastructure, credit, and special situations.

Vinci Partners Investments Ltd. - Class A Common Shares

Vinci Partners Investments Ltd

<ul>
<li>RWTH Aachen University will integrate Dassault Systèmes' 3DEXPERIENCE platform on the cloud into its curricula for up to 13,000 mechanical engineering students</li>
<li>10-year collaboration with one of Europe's best engineering universities will provide students with hands-on learning that can be applied to future jobs</li>
<li>Model-based systems engineering skills are highly sought after to accelerate the development of complex products in the Generative Economy</li>
</ul>

News

DASTY

Dassault Systèmes And RWTH Aachen Launch 10-Year Strategic Partnership To Equip 13,000 Engineering Students With Next-Gen Systems Skills

Zealand Pharma and Roche enter collaboration and license agreement to co-develop and co-commercialize petrelintide as a future foundational therapy for people with overweight and obesity
<ul>
<li>The companies will co-develop and co-commercialize petrelintide monotherapy and potential combination products, including petrelintide/CT-388, in the U.S. and Europe</li>
<li>Zealand Pharma will receive upfront cash payments of USD 1.65 billion, including USD 1.4 billion due at closing and USD 250 million in anniversary payments over two years, as well as potential milestone payments, for a total consideration of up to USD 5.3 billion</li>
<li>Profits and losses will be shared on a 50/50 basis for petrelintide and petrelintide/CT-388 in the U.S. and Europe, and Zealand Pharma is eligible to royalties on net sales in the rest of the world</li>
<li>Zealand Pharma will pay Roche USD 350 million for the contribution of CT-388 in the first combination product arising from the collaboration</li>
<li>Collaboration and license agreement aims to unlock the full value of petrelintide, redefining the standard of care for people with overweight and obesity by establishing the leading amylin-based franchise</li>
<li>Zealand Pharma will host a conference call today March 12 at 1pm CET / 8am ET to discuss the agreement</li>
</ul>

RHHBF

RHHBY

RHHVF

Zealand Pharma Secures $1.65B Upfront In Strategic Collaboration With Roche To Advance Petrelintide For Obesity And Metabolic Disorders

Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) announced that it will terminate its deal to acquire Delivery Hero&#8217;s Foodpanda in Taiwan after facing regulatory challenges. Here&#8217;s what Benzinga&#8217;s proprietary edge rankings show about the stock.
What Happened: Uber signed the $950 million deal to take over the German company&#8217;s Foodpanda business in Taiwan last May. However, it ended the deal, reported Reuters, resulting in the payment of $250 million termination fee.
This follows a block imposed by Taiwan&#8217;s Fair Trade Commission in December 2024, citing a 90% rise in its market share when combined with its own business, Uber Eats.
According to Delivery Hero, a separate agreement that was signed with Uber to buy $300 million worth of its newly issued shares will not be affected after the falling out of the said deal.
See Also: <a href="https://www.benzinga.com/general/market-summary/25/03/44245897/billionaire-investor-ron-baron-reacts-to-nasdaq-sp-selloff-the-stock-prices-cant-believe-how-cheap-they-are">Billionaire Investor Ron Baron Reacts To Nasdaq, S&amp;P Selloff: &#8216;The Stock Prices&#8230;Can&#8217;t Believe How Cheap They Are&#8217;</a>
Why It Matters: Shares of Uber declined 3.3% on Tuesday and rose by 0.20% in after-hours. The exchange-traded fund tracking the S&amp;P 500 index, SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) dropped 0.83% on the same day.
Uber has risen 11.84% on a year-to-date basis, whereas it was 9.79% over one year.
On a technical basis, Uber&#8217;s stock was flashing a bearish warning. The stock, which closed at $70.65 apiece on Tuesday, was below its short and long-term averages. Its relative strength index of 42.09 was in a neutral zone, while the MACD indicator was positive at 0.49, implying the possibility of a short term up move.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/UBER/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/12014014/Uber-Technical-chart-1024x576.png" alt="" class="wp-image-819965" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/12014014/Uber-Technical-chart-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/12014014/Uber-Technical-chart-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/12014014/Uber-Technical-chart-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/12014014/Uber-Technical-chart-1536x864.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/12014014/Uber-Technical-chart.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
<a href="http://pro.benzinga.com/dashboard">Benzinga</a>&#8216;s proprietary Edge Rankings also confirmed a weaker long term price trend as the stock has declined in the high single digits over the last 12 months. Its momentum ranking of 48.12 percentile, indicating a neutral positioning for the stock.
Meanwhile, its value ranking depicting the stock&#8217;s relative worth stood at 45.15 percentile. The growth ranking of 9.47 indicated a weaker historical earnings and revenue expansion.
Uber&#8217;s consensus price target was $90.58 based on the 35 <a href="https://www.benzinga.com/quote/UBER/analyst-ratings">analysts tracked by Benzinga</a>. The price targets ranged from a low of $77 to a high of $115. The three latest ratings from KGI Securities, Truist Securities, and Piper Sandler averaged at $85.67, implying a 21.02% upside.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/UBER/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="389" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/12013913/Uber-Tech-ANR-1024x389.png" alt="" class="wp-image-819963" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/12013913/Uber-Tech-ANR-1024x389.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/12013913/Uber-Tech-ANR-300x114.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/12013913/Uber-Tech-ANR-768x292.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/12013913/Uber-Tech-ANR.png 1069w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/03/44244980/trumps-economic-plan-too-quick-and-too-painful-economist-warns-stocks-could-drop-30-50-after-mondays-mayhem" target="_blank" rel="noreferrer noopener">Trump's Economic Plan ‘Too Quick' And ‘Too Painful:' Economist Warns Stocks Could Drop 30-50% After Monday's Mayhem</a></li>
</ul>
Photo courtesy: Shutterstock

Equities

Market Summary

Markets

UBER

Uber Axes Foodpanda Takeover Deal In Taiwan: Here's What Benzinga's Edge Rankings Show

EHang Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EH#NASDAQ">EH</a>) reported quarterly losses of $(0.07) per share which met the analyst consensus estimate. This is a 75 percent decrease over losses of $(0.04) per share from the same period last year. The company reported quarterly sales of $22.50 million which missed the analyst consensus estimate of $23.37 million by 3.70 percent. This is a 182.20 percent increase over sales of $7.97 million the same period last year.

Earnings

Earnings Misses

EHang Holdings Q4 2024 GAAP EPADS $(0.07), Inline, Sales $22.50M Miss $23.37M Estimate

Reported Earlier, Singapore Airlines And Salesforce Unite To Deploy AI-Powered Customer Service Platform, Plan Industry-Wide Innovation Hub

Mineralys intends to use the net proceeds from the proposed offering to fund clinical development of lorundrostat, including research and development and manufacturing, and pre-commercialization activities, as well as for working capital and general corporate purposes.

MLYS

Reported Earlier, Mineralys Therapeutics Prices $175M Public Offering Of 12,962,962 Common Shares At $13.50/Share

President Donald Trump&#8216;s net worth has seen a significant drop of nearly $300 million. This financial hit is largely attributed to a sharp decline in the shares of&nbsp;Trump Media &amp; Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>).
What Happened: The shares of Trump Media &amp; Technology Group plummeted to their lowest level since October. This has resulted in a decrease in Trump&#8217;s net worth, which now stands at $4.6 billion, reported <a href="https://www.forbes.com/sites/antoniopequenoiv/2025/03/10/trumps-net-worth-slides-300-million-as-trump-media-shares-hit-5-month-low/">Forbes</a> on Tuesday. This decline is part of a larger trend following a $2.4 billion decrease since mid-January, a period that marked a surge in Trump&#8217;s net worth due to a rally in Trump Media shares.
The stock of Trump Media closed down 11.4% at $19.92 per share on Monday as per Benzinga Pro, the&nbsp;lowest trading price in five&nbsp;months. The shares have now lost over 40% in 2025,&nbsp;after opening the year at&nbsp;$34.02. From Trump&#8217;s Inauguration Day on Jan 20, the stock plunged 50%. 
Trump Media, the parent company of Truth Social, became publicly traded nearly a year ago through a merger with a special purpose acquisition company.
This decline in Trump Media shares coincides with&nbsp;a broader stock market selloff,&nbsp;that followed Trump&#8217;s recent comments&nbsp;in a Fox News interview, where he did not dismiss the possibility of&nbsp;a recession in 2025 and&nbsp;stated, &#8220;You can&#8217;t really watch the stock market.&#8221; He also stated that the economy faces a period of &#8216;transition&#8217;. 
SEE ALSO: <a href="https://www.benzinga.com/markets/25/03/44212993/palantir-ceo-alex-karp-meets-hyundai-vice-chair-to-enhance-ai-shipyard-defense-collaboration-amid-trumps-call-for-us-shipbuilding-revival">Palantir CEO Alex Karp Meets Hyundai Vice Chair to Enhance AI Shipyard, Defense Collaboration Amid Trump&#8217;s Call for US Shipbuilding Revival</a>
Why It Matters: The decline in Trump Media&#8217;s stock on Monday is not an isolated event. From late February, the stock has <a href="https://www.benzinga.com/25/02/44040878/trump-media-stock-craters-70-from-highs-is-there-any-floor-left">been in a free fall,</a> trading at a staggering 70% discount from its 52-week high of $79.38, reached on March 26, 2024. 
In February, Trump Media reported&nbsp;a loss of $400 million&nbsp;for the full year in 2024, while it clocked in $3.6 million in revenue.
Furthermore, growing concerns over macroeconomic items like tariffs have been highlighted by several analysts and experts. As a result, investors are becoming increasingly cautious with fears of a potential recession growing. 
BlackRock&nbsp;CEO Larry Fink <a href="https://www.benzinga.com/news/25/03/44238063/2025-will-be-a-rocky-year-says-blackrocks-larry-fink-but-he-believes-the-world-and-the-us-will-get-by-and-that-its-time-to-buy-the-dip">recognized that 2025 </a>will be marked by uncertainty, citing inflation, market volatility, and evolving global trade policies.&nbsp;Despite anticipated volatility, Fink views market downturns as investment opportunities. "For long-term investors, if there&#8217;s a big dip, good. Good time to buy," he stated.
<ul>
<li>READ MORE: <a href="https://www.benzinga.com/news/legal/25/03/44148887/trump-may-lose-interest-in-legal-marijuana-during-disorderly-situation-conservative-cabinet-says-analyst-could-musk-come-to-the-rescue">Trump May Lose Interest In Legal Marijuana During &#8216;Disorderly Situation,&#8217; Conservative Cabinet, Says Analyst; Could Musk Come To The Rescue?</a></li>
</ul>
<em style="color: rgb(45, 45, 45); font-family: &quot;Helvetica Neue&quot;, Helvetica, OpenSans, Arial, sans-serif; font-size: 17.6px; white-space-collapse: collapse; box-sizing: border-box; border: 0px solid rgb(229, 231, 235); --tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; --tw-rotate: 0; --tw-skew-x: 0; --tw-skew-y: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-pan-x: ; --tw-pan-y: ; --tw-pinch-zoom: ; --tw-scroll-snap-strictness: proximity; --tw-gradient-from-position: ; --tw-gradient-via-position: ; --tw-gradient-to-position: ; --tw-ordinal: ; --tw-slashed-zero: ; --tw-numeric-figure: ; --tw-numeric-spacing: ; --tw-numeric-fraction: ; --tw-ring-inset: ; --tw-ring-offset-width: 0px; --tw-ring-offset-color: #fff; --tw-ring-color: rgba(59,130,246,.5); --tw-ring-offset-shadow: 0 0 #0000; --tw-ring-shadow: 0 0 #0000; --tw-shadow: 0 0 #0000; --tw-shadow-colored: 0 0 #0000; --tw-blur: ; --tw-brightness: ; --tw-contrast: ; --tw-grayscale: ; --tw-hue-rotate: ; --tw-invert: ; --tw-saturate: ; --tw-sepia: ; --tw-drop-shadow: ; --tw-backdrop-blur: ; --tw-backdrop-brightness: ; --tw-backdrop-contrast: ; --tw-backdrop-grayscale: ; --tw-backdrop-hue-rotate: ; --tw-backdrop-invert: ; --tw-backdrop-opacity: ; --tw-backdrop-saturate: ; --tw-backdrop-sepia: ; --tw-contain-size: ; --tw-contain-layout: ; --tw-contain-paint: ; --tw-contain-style: ;">Image via Shutterstock
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Trump's Net Worth Plummets By Nearly $300M As DJT Stock Drops To Its Lowest Since October

Elon Musk-led SpaceX has partnered with Jio Platforms Ltd., led by India's richest man, Mukesh Ambani to offer its Starlink satellite internet services in India.
What Happened: SpaceX partnered with Jio a day after <a href="https://www.benzinga.com/general/space/25/03/44244377/elon-musks-spacex-partners-with-airtel-to-launch-starlink-in-india-weeks-after-pm-narendra-modis-us-visit">inking</a> a similar pact with Jio's rival Bharti Airtel.
Jio intends to distribute Starlink solutions through its retail outlets and online platforms, leveraging its status as the world's largest mobile operator by data traffic.
This partnership aims to expand internet connectivity across the nation. The collaboration is contingent upon regulatory approvals for SpaceX to sell Starlink services in India.
Jio Platforms plans to utilize Starlink's low Earth orbit satellite technology to deliver reliable broadband connectivity across India, including its most remote areas. The company will establish a customer service, installation, and activation support system.
SEE ALSO:<a href="https://www.benzinga.com/general/space/25/03/44244377/elon-musks-spacex-partners-with-airtel-to-launch-starlink-in-india-weeks-after-pm-narendra-modis-us-visit"> Elon Musk&#8217;s SpaceX Partners With Airtel To Launch Starlink In India, Weeks After PM Narendra Modi&#8217;s US Visit</a>
"We are looking forward to working with Jio and receiving authorization from the Government of India to provide more people, organizations and businesses with access to Starlink's high-speed internet services," said Gwynne Shotwell, President and Chief Operating Officer of SpaceX.
Why It Matters: With the new partnerships, SpaceX has expanded its addressable market by over 850 million users. As per data from the Telecom Regulatory Authority of India (TRAI), Reliance Jio has over 465 million subscribers and Bharti Airtel has over 385 million subscribers as of Dec. 31, 2024.
This comes weeks after Musk <a href="https://www.benzinga.com/25/02/43718656/will-tesla-finally-enter-india-modi-musk-meeting-reportedly-focused-on-tariffs-starlink-licensing-and-spacex-collaboration">met</a> with Indian Prime Minister Narendra Modi in Washington D.C during his visit.
India's Department of Telecommunications had earlier requested <a href="https://www.benzinga.com/government/24/10/41645376/india-asks-elon-musks-starlink-and-jeff-bezos-amazon-for-security-assurances-as-they-look-to-enter-b">security assurances</a> from satellite communication providers like Starlink and Amazon.
Additionally, both <a href="https://www.benzinga.com/news/24/10/41566638/elon-musk-and-jeff-bezos-satcom-firms-push-for-lower-spectrum-charges-in-india-foray-report">Starlink and Amazon's Project Kuiper</a> have been advocating for reduced spectrum charges and long-term licenses to make satellite services more affordable for Indian consumers.
Read Next:
<a href="https://www.benzinga.com/markets/25/03/44242181/elon-musk-admits-juggling-between-tesla-doge-is-difficult-says-running-businesses-with-great-difficulty-as-tsla-stock-plunges-50-in-3-months">Elon Musk Admits Juggling Between Tesla, DOGE Is Difficult, Says Running Businesses ‘With Great Difficulty' As TSLA Stock Plunges 50% In 3 Months</a>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

SPACE

Global

Tech

Elon Musk's SpaceX Inks Agreements With India's Top Telecom Providers For Starlink, Expanding Access To 850 Million Users

Concurrently with the pricing of the Notes in the Offering, the Company entered into separate and individually negotiated transactions with certain noteholders of the 2026 Notes to repurchase for approximately $370.3 million in cash, $368.0 million aggregate principal amount of its 2026 Notes, on terms individually negotiated with each such noteholder of the 2026 Notes with or through one of the initial purchasers and/or its affiliate.&nbsp;

LCII

Reported Earlier, LCI Industries Prices $400M In 3.00% Convertible Senior Notes Due 2030 To Refinance Debt And Repurchase Shares

QBTS

SKYT

SkyWater-Fabricated Qubits Drive D-Wave's Quantum Supremacy Milestone In Landmark Scientific Breakthrough

Nuveen Arizona Dividend Advantage Municipal Funds 3

NexGen's Rook I Project Advances To Final Regulatory Phase With Canadian Nuclear Safety Commission Hearings Scheduled

Ultra-small BG29 with expanded memory and ultra-low power is ideal for Connected Health devices

SLAB

Silicon Labs BG29 SoC Combines Long Battery Life, Multi-Connection Support, And High Security For Wearables Revolution

The Securities and Exchange Commission delayed the approval of several cryptocurrency spot exchange-traded funds Tuesday, including Litecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ltc/usd">LTC</a>), Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>), XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>), and Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>).
What Happened:&nbsp;The regulator postponed decisions on Canary Solana Trust ETF, VanEck Solana Trust ETF, 21Shares Core Solana ETF, Canary XRP Trust ETF, and Bitwise XRP ETF, along with Grayscale Investments&#8217; applications for XRP, DOGE, ADA, and LTC.
The SEC previously <a href="https://in.benzinga.com/25/02/43613700/cardano-outgains-bitcoin-ethereum-with-11-rally-after-its-first-ever-spot-etf-application-in-the-us">acknowledged </a>the 19b-4 filings, a mandatory step to list any ETF on Wall Street. Following the Form 19b-4 application, the agency usually has 45 days (which can be extended to another 45 days) to decide on the proposed rule change. The SEC can further extend the timeline with additional review periods of 45 and 60 days. 
Leading Bloomberg analyst James Seyffart said the delay in approval was not surprising. &#8220;It&#8217;s&nbsp;expected as this is standard&nbsp;procedure, &amp; [Paul] Atkins hasn&#8217;t even been confirmed yet.&#8221;
However, he stressed that the delay does not affect the &#8220;relatively high&#8221; odds of approval for these ETFs, whose final deadlines are not until October.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Yes, the SEC just punted on a bunch of alt coin ETF filings including Litecoin, Solana, XRP &amp; DOGE. It&#39;s expected as this is standard procedure &amp; Atkins hasn&#39;t even been confirmed yet. This doesn&#39;t change our (relatively high) odds of approval. Also note that the final deadlines…
&mdash; James Seyffart (@JSeyff) <a href="https://twitter.com/JSeyff/status/1899551715197628838?ref_src=twsrc%5Etfw">March 11, 2025</a></blockquote>
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In addition, the SEC delayed decisions on applications related to in-kind creation and redemption for iShares Bitcoin Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>) and Fidelity Wise Origin Bitcoin Fund (BATS:<a class="ticker" href="https://www.benzinga.com/stock/FBTC#BATS">FBTC</a>).
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/25/03/44240035/ethereum-shrinks-over-30-since-eric-trumps-great-time-to-add-eth-suggestion">Eric Trump&#8217;s &#8216;Great Time&#8217; To Buy ETH Backfires? Ethereum Plunges 30% Since His Buy Call</a>
Why It Matters:&nbsp;A <a href="https://in.benzinga.com/trading-ideas/movers/25/01/43328116/litecoin-spikes-over-11-after-sec-acknowledges-etf-filing-market-regulator-says-ltc-very-similar-to-bitcoin">flurry </a>of spot exchange-traded funds have been filed since President Donald Trump took office in January, hoping to benefit from what they perceive as a cryptocurrency-friendly regime.
Trump signed a <a href="https://in.benzinga.com/25/03/44183572/trump-establishes-strategic-bitcoin-reserve-funded-by-forfeited-assets-i-made-the-promise">historic executive order</a> creating a Strategic Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) Reserve and a U.S. Digital Asset Stockpile last week. In line with this, legislation <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44261690/bitcoin-act-of-2025-introduced-in-the-house-of-representatives">was tabled</a> in the House of Representatives on Tuesday, proposing the acquisition of one million BTC over five years.
Photo via Shutterstock.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44239669/peter-schiff-says-hard-to-see-rationale-of-trumps-crypto-reserve-move-if-bitcoin-has-plunged-30-since-january-critics-clap-back-with-store-of-value-narrative">Peter Schiff Says Hard To See Rationale Of Trump&#8217;s Crypto Reserve Move If Bitcoin Has Plunged 30% Since January, Critics Clap Back With &#8216;Store Of Value&#8217; Narrative</a></li>
</ul>

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

Cryptocurrency

$BTC

$DOGE

$LTC

$SOL

$XRP

Fidelity Wise Origin Bitcoin Fund Fidelity Wise Origin Bitcoin Fund

FBTC

IBIT

Dogecoin, XRP ETF Filings Delayed By SEC But Influential Analyst Says 'Relatively High' Odds Of Approval

Bluesky CEO Jay Graber took the SXSW stage this week wearing a Latin phrase that's now fueling online speculation over whether it was a quiet jab at Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) CEO Mark Zuckerberg.
What Happened: During her appearance at SXSW, Graber wore a black T-shirt with the Latin phrase "Mundus sine caesaribus"—which translates to "A world without Caesars."
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://t.co/TKcRdsLEdt">pic.twitter.com/TKcRdsLEdt</a>
&mdash; bluesky (@bluesky) <a href="https://twitter.com/bluesky/status/1899171506514706512?ref_src=twsrc%5Etfw">March 10, 2025</a></blockquote>
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The bold wardrobe choice caught attention due to its apparent contrast to Zuckerberg, who has become known for sporting shirts with Latin or Greek phrases, often invoking Roman history and power, first <a href="https://www.businessinsider.com/bluesky-ceo-shirt-latin-trolls-mark-zuckerberg-sxsw-2025-3">noted</a> by Business Insider.
See Also: <a href="https://www.benzinga.com/25/03/44266805/trump-turns-white-house-into-tesla-showroom-says-elon-musk-was-treated-very-unfairly-heres-the-car-he-picked-for-himself">Trump Turns White House Into Tesla Showroom, Says Elon Musk Was &#8216;Treated Very Unfairly&#8217; — Here&#8217;s The Car He Picked For Himself</a>
At his 40th birthday party last year, <a href="https://www.benzinga.com/news/24/05/38865744/carthago-delenda-est-was-mark-zuckerbergs-cryptic-birthday-tee-a-meta-message-or-a-party-joke">Zuckerberg wore a t-shirt</a> that said "Carthago delenda est" ("Carthage must be destroyed"), and at the Meta Connect developer conference, he wore "Aut Zuck aut nihil"—a twist on "Aut Caesar aut nihil" ("Either Caesar or nothing"), suggesting a <a href="https://www.benzinga.com/news/24/09/41051713/zuckerberg-channels-his-inner-caesar-shows-love-for-roman-empire-at-connect-event-all-zuck-or-all-no">parallel between himself</a> and Julius Caesar.
While Graber hasn't commented on the meaning behind her shirt, some people online are interpreting it as a subtle critique of tech billionaires and centralized power.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Bluesky CEO Jay Graber wears a T-shirt saying &#39;Mundus sine caesaribus&#39; (a world without Caesars) at SXSW 2025, trolling Mark Zuckerberg&#39;s &#39;Aut Zuck aut nihil&#39; (Zuck or nothing). The social media rivalry gets classical! <a href="https://twitter.com/hashtag/SXSW2025?src=hash&amp;ref_src=twsrc%5Etfw">#SXSW2025</a> <a href="https://twitter.com/hashtag/SocialMediaRivalry?src=hash&amp;ref_src=twsrc%5Etfw">#SocialMediaRivalry</a> <a href="https://t.co/QJgHV6O6st">pic.twitter.com/QJgHV6O6st</a>
&mdash; vignesh prabhu (@prabhu_ai) <a href="https://twitter.com/prabhu_ai/status/1899653357486358992?ref_src=twsrc%5Etfw">March 12, 2025</a></blockquote>
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">At SXSW, Bluesky CEO Jay Graber took a jab at Mark Zuckerberg, wearing a shirt that read "a world without Caesars." She emphasized Bluesky's commitment to decentralization, calling it a network "immune to billionaires."
&mdash; Julia De Luca (@judeluca_tech) <a href="https://twitter.com/judeluca_tech/status/1899277432622043495?ref_src=twsrc%5Etfw">March 11, 2025</a></blockquote>
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Why It's Important: The shirt fuels a growing narrative around Bluesky's positioning as a decentralized, user-first alternative to platforms like Meta's Threads and Elon Musk's X, formerly Twitter.
Graber's message—intentional or not—reinforces Bluesky's broader mission to reduce centralized control in social media.
Bluesky, originally incubated within Twitter under Jack Dorsey, launched as an independent platform in early 2024.
Following the 2024 U.S. presidential election, Bluesky <a href="https://www.benzinga.com/general/social-media/24/12/42566461/mark-cuban-says-this-is-the-holy-grail-that-makes-bluesky-better-than-musks-x-platform">experienced explosive growth</a>. In January 2025, the platform reportedly reached a <a href="https://www.benzinga.com/25/01/42867967/elon-musks-x-rival-bluesky-is-being-valued-at-700-million-after-explosive-growth-post-trumps-victory-report">valuation of $700 million</a>.
Image via Shutterstock
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/25/01/43120820/if-you-invested-1000-in-bitcoin-when-peter-thiel-said-the-top-crypto-might-not-rise-dramatically-heres-how-much-youd-have-made-today" target="_blank" rel="noreferrer noopener">If You Invested $1,000 In Bitcoin When Billionaire Peter Thiel Said BTC Might Not Rise ‘Dramatically,&#8217; Here&#8217;s How Much You&#8217;d Have Made Today</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Media

Mark Zuckerberg Trolled By Bluesky CEO's Subtle Jab? 'World Without Caesars' Shirt At SXSW Raises Eyebrows

President Donald Trump&#8216;s recent purchase of a Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Model S Plaid for White House staff use could significantly boost the electric vehicle maker&#8217;s sales, according to Gary Black.
What Happened: Black, Managing Partner of The Future Fund LLC, wrote on X that &#8220;President Trump&#8217;s endorsement of Tesla today is potentially HUGE.&#8221; 
Black calculated that if just 5% of Republicans who would consider buying a Tesla follow through after Trump&#8217;s endorsement, it could result in 1.7 million incremental purchases, nearly matching Tesla&#8217;s global delivery forecast of 1.8 million vehicles for fiscal year 2025.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">President Trump's endorsement of Tesla today is potentially HUGE. Recall that 77.3M (49.9%) of American adults who voted selected Trump. Applying 49.9% to the total U.S. adult population of 260M implies 129.7M who likely align themselves with Trump and respect Trump's opinions.… <a href="https://t.co/r0TkM6mNPX">https://t.co/r0TkM6mNPX</a>
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1899601211814527077?ref_src=twsrc%5Etfw">March 11, 2025</a></blockquote>
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Trump selected an Ultra Red Model S Plaid during a 30-minute White House event that featured five Tesla models. &#8220;The one I like is that one,&#8221; Trump said, insisting on paying full <a href="https://www.benzinga.com/25/03/44266805/trump-turns-white-house-into-tesla-showroom-says-elon-musk-was-treated-very-unfairly-heres-the-car-he-picked-for-himself">price for the vehicle</a>. During the presentation, Tesla CEO Elon Musk stood beside the president and attempted to promote the Cybertruck&#8217;s bulletproof features.
See Also: <a href="https://www.benzinga.com/25/03/44267277/trump-scraps-50-tariff-hike-on-canadian-steel-aluminum-after-ontario-backs-down">Trump Scraps 50% Tariff Hike On Canadian Steel, Aluminum After Lutnick Talks With Ontario Premier</a>
Why It Matters: The president praised Musk as a &#8220;patriot&#8221; who was being &#8220;unfairly maligned&#8221; for his efforts to <a href="https://www.benzinga.com/25/03/44266805/trump-turns-white-house-into-tesla-showroom-says-elon-musk-was-treated-very-unfairly-heres-the-car-he-picked-for-himself">reduce government spending</a>. &#8220;Our country is going to be very strong, very smooth, because of a lot of the things that he&#8217;s done,&#8221; Trump said, crediting Musk for identifying &#8220;billions and billions of dollars of fraud and waste.&#8221;
The endorsement comes at a critical time for Tesla, whose shares had tumbled 15% on Monday after analysts cut delivery projections. The stock rebounded on Tuesday following Trump&#8217;s announcement of <a href="https://www.benzinga.com/markets/25/03/44240714/trump-says-he-will-buy-a-brand-new-tesla-to-support-elon-musk-as-stock-falls-over-53-erasing-nearly-800-billion-in-investor-wealth-since-december-peak">his intention to purchase the vehicle</a>. Overall, Tesla&#8217;s stock has fallen over 53% since December, erasing nearly $800 billion in investor wealth.
Investors have expressed concern that Musk&#8217;s involvement with the Trump administration through the Department of Government Efficiency has <a href="https://www.benzinga.com/markets/equities/25/03/44246100/trump-makes-false-claim-about-tesla-boycotts-musk-blames-soros-and-linkedin-co-founder-for-backing-protests">distracted him from his companies</a>, including Tesla, SpaceX, X, and xAi.
Price Action: Tesla closed at $230.58 on Tuesday, up 3.79%. After hours, it rose to $234.99, gaining 1.91%. Year to date, the stock is down 39.21%, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>.
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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

Trump Buys Tesla Model S Plaid, Gary Black Calls Endorsement 'Potentially Huge,' Says It Could Drive 1.7 Million Sales

Macro Economic Events

Econ #s

Economics

BBJP

WisdomTree Trust Japan Total Dividend Fund

Reported Earlier, Japan BSI Large Manufacturing Conditions For Q1 -2.4 Vs. 6.5 Est.; 6.3 Prior

Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) Senior Counselor Samantha Clark has urged the Pentagon to embrace commercial software solutions or risk lagging behind global adversaries in an <a href="https://www.benzinga.com/markets/equities/25/03/44157866/palantirs-head-of-defense-warns-of-chinas-war-preparations-were-not-taking-it-seriously">increasingly data-driven battlefield</a>.
What Happened: Clark, a former Deputy Staff Director for the U.S. Senate Armed Services Committee, co-authored a recent policy <a href="https://nationalinterest.org/blog/techland/the-pentagon-needs-a-software-update-literally">paper</a> on National Interest with American Enterprise Institute Senior Fellow William Greenwalt and Palantir senior counselor Greg Little, arguing that the Department of Defense&#8217;s limited software spending threatens national security posture.
&#8220;Software offers perhaps the most compelling way to close current and future gaps between the United States and its adversaries,&#8221; the authors stated, highlighting that the DOD allocates less than 1% of its budget—approximately $5 billion—to software acquisition.
The paper comes just days after Defense Secretary Pete Hegseth&#8216;s Mar. 6 memo directing the adoption of the Software Acquisition Pathway as the preferred method for all software development components, acknowledging that &#8220;software-defined warfare is not a future construct, but the reality we find ourselves operating in today.&#8221;
This <a href="https://www.benzinga.com/markets/equities/25/03/44157866/palantirs-head-of-defense-warns-of-chinas-war-preparations-were-not-taking-it-seriously">policy shift aligns with concerns</a> raised by Palantir&#8217;s Head of Defense Mike Gallagher, who warned at the National Security Innovation Base Summit that &#8220;China is preparing for war with America, and we&#8217;re not taking it seriously.&#8221;
See Also:&nbsp;<a href="https://www.benzinga.com/25/03/44260839/tech-stocks-bitcoin-strongly-rebound-as-ukraine-backs-us-proposal-for-30-day-ceasefire-with-russia" target="_blank" rel="noreferrer noopener">Markets Bounce As Ukraine Expresses Readiness For 30-Day Ceasefire Proposal With Russia</a>
Why It Matters: The authors describe a critical disparity between commercial and defense technology adoption, noting that major tech companies collectively spent $227 billion on R&amp;D in 2023—forty-five times the Pentagon&#8217;s software investment. They argue that the Pentagon&#8217;s preference for in-house development and intellectual property control hampers innovation and creates inefficiencies.
&#8220;By shifting to a commercial software-first approach, the DOD can ensure that it remains agile, responsive, and prepared to meet the evolving challenges of the modern battlefield,&#8221; the authors concluded.
Palantir, which reported a 45% year-over-year increase in U.S. government revenue to $343 million in the fourth quarter, has seen its stock surge to $78.05, with analysts setting an <a href="https://www.benzinga.com/quote/PLTR/analyst-ratings">average price target</a> of $70.30. Wedbush Securities recently <a href="https://www.benzinga.com/markets/equities/24/12/42356725/alex-karp-supports-doge-as-trump-taps-palantirs-shyam-shankar-for-border-security-role-cannot-have-a-better-person-than-musk">compared investing in PLTR</a> to buying Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) stock in 2015.
Palantir demonstrates strong momentum, according to <a href="https://www.benzinga.com/quote/PLTR">Benzinga Edge ranking</a> with a sustained long-term uptrend, though its low-value score suggests potential overvaluation while growth remains moderate.
<figure class="wp-block-image size-full"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/11234151/Screenshot-2025-03-12-at-9.02.51%E2%80%AFAM.png" alt="" class="wp-image-819876" /></figure>
Read Next:
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<li><a href="https://www.benzinga.com/markets/equities/25/03/44212672/jamie-dimon-cashed-out-234-million-in-jpmorgan-stock-warren-buffett-stockpiled-334-billion-in-cash-weeks-later-markets-crashed-coincidence" target="_blank" rel="noreferrer noopener">Jamie Dimon Cashed Out $234 Million In JPMorgan Stock, Warren Buffett Stockpiled $334 Billion In Cash — Weeks Later, Markets Crashed. Coincidence?</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.

PLTR

Palantir Calls For 'Software-First Approach' As Pentagon Spends Under 1% On Modern Warfare

Memecoins bounced back with a spirited rally Tuesday following Bitcoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) upward advances.
What happened: Frog-themed Pepe surged over 11% to become the most successful large-cap memecoin over the last 24 hours. The Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)-based coin was also the second-most traded meme coin in the 24-hour period.
Pepe was followed by Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)-based Bonk, which spiked over 8%, and Floki, which returned 7.39% to its holders in the last 24 hours.
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<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 10:55 p.m. ET)</td>
</tr>
<tr>
<td>Pepe (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>)</td>
<td>+11.13%</td>
<td>$0.00006531</td>
</tr>
<tr>
<td>Bonk (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">BONK</a>)</td>
<td>+8.06%</td>
<td>$0.00001042</td>
</tr>
<tr>
<td>Floki (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">FLOKI</a>)</td>
<td>+7.39%</td>
<td>$0.00006101</td>
</tr>
</tbody>
</table>
</figure>
Blue-chip meme coins such as Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) and Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) also pleased their investors, surging 5.73% and 4.86%, respectively.
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/25/03/44240035/ethereum-shrinks-over-30-since-eric-trumps-great-time-to-add-eth-suggestion">Eric Trump&#8217;s &#8216;Great Time&#8217; To Buy ETH Backfires? Ethereum Plunges 30% Since His Buy Call</a>
Furthermore, President Donald Trump's Official Trump (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>) token rose 1.72% and was the only major meme coin to have recorded net gains year-to-date.
The total meme coin market capitalization reached $45.81 billion, following a 5.71% jump in the last 24 hours. However, over the last 30 days, the valuation has shrunk 32%.
The rise was <a href="https://www.benzinga.com/25/03/44267310/bitcoin-ethereum-dogecoin-recover-on-strategic-reserve-bill-in-congress-top-analyst-foresees-btcs-swift-move-to-88000-92000-if-this-happens">spurred by Bitcoin&#8217;s recovery to $83,000</a> Tuesday, a day after it fell below $76,000, after a bill aimed at funding the newly established Strategic Bitcoin Reserve was introduced in the House.
Image via Shutterstock
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44239669/peter-schiff-says-hard-to-see-rationale-of-trumps-crypto-reserve-move-if-bitcoin-has-plunged-30-since-january-critics-clap-back-with-store-of-value-narrative">Peter Schiff Says Hard To See Rationale Of Trump&#8217;s Crypto Reserve Move If Bitcoin Has Plunged 30% Since January, Critics Clap Back With &#8216;Store Of Value&#8217; Narrative</a></li>
</ul>

Movers

Trading Ideas

$BONK

$ETH

$FLOKI

$PEPE

$SHIB

$TRUMP

Pepe Leads Memecoin Rebound WIth 11% Rally, But Dogecoin, Shiba Inu Not That Far Behind

As China's AI race accelerates, the viral autonomous agent Manus AI has partnered with Alibaba Group Holding Ltd's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) Qwen team to develop a localized version tailored for Chinese users.
What Happened: Manus, which was developed by Tencent Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>)-backed startup The Butterfly Effect, announced the development on Tuesday, <a href="https://www.scmp.com/tech/big-tech/article/3301986/ai-agent-manus-partners-alibabas-qwen-develop-chinese-version">reported</a> the South China Morning Post.
The partnership aims to ensure all Manus features run on domestic models and infrastructure, though a specific launch date has not been disclosed.
See Also: <a href="https://www.benzinga.com/tech/25/03/44238979/palantir-cofounder-peter-thiel-might-write-a-book-about-ancient-prophecies-the-antichrist-and-armageddon-he-thinks-were-ignoring-the-real-threat">Palantir Cofounder Peter Thiel Might Write A Book About Ancient Prophecies, The Antichrist, And Armageddon— He Thinks We&#8217;re Ignoring The Real Threat</a>
A representative from Alibaba Cloud confirmed the collaboration to the publication, saying both companies are working on open-source models and looking to support broader AI innovation in China.
Why It's Important: Manus gained <a href="https://in.benzinga.com/media/25/03/44214424/move-over-deepseek-not-so-fast-chinas-manus-ai-goes-viral-but-early-users-say-it-crashes-loops-and-fumbles-the-basics">global attention last week</a> after its invitation-only web preview showcased its ability to perform complex tasks.
A day after the launch of Manus AI Agent, Alibaba also introduced its latest AI reasoning model, saying that it outperforms competing models from OpenAI and DeepSeek.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Manus AI agent, which builds on models such as Anthropic's Claude and fine-tuned versions of Alibaba's Qwen, is now being compared to <a href="https://in.benzinga.com/markets/equities/25/03/44103985/74-of-deepseeks-output-mimics-openais-chatgpt-new-study-reveals-it-does-raise-questions-about-its-development">Chinese AI frontrunner</a> DeepSeek.
Moreover, Alibaba's Qwen models, open-sourced since August 2023, have powered more than 90,000 derivative models worldwide, according to data from Hugging Face, an AI and machine-learning developer platform.
Alibaba&#8217;s wholesale marketplace arm has also set an ambitious goal for full AI adoption by <a href="https://www.benzinga.com/markets/25/03/44241563/alibabas-wholesale-marketplace-arm-sets-ambitious-goal-for-full-ai-adoption-by-merchants-in-2025">merchants by the end of 2025</a>.
Price Action: Alibaba shares have climbed 63.65% year-to-date. On Tuesday, the stock rose 4.789% to $139.02 during the regular session and added another 0.97% afterward, <a href="http://pro.benzinga.com/">according to Benzinga Pro</a>.
Photo Courtesy: Tada Images on Shutterstock.com
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/25/01/43120820/if-you-invested-1000-in-bitcoin-when-peter-thiel-said-the-top-crypto-might-not-rise-dramatically-heres-how-much-youd-have-made-today" target="_blank" rel="noreferrer noopener">If You Invested $1,000 In Bitcoin When Billionaire Peter Thiel Said BTC Might Not Rise ‘Dramatically,' Here's How Much You'd Have Made Today</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

BABA

TCEHY

China's Viral AI Agent Manus Taps Alibaba's Qwen For Local Expansion: What You Need To Know

Bridgewater Associates founder Ray Dalio warned on Wednesday that the United States faces a &#8220;very severe&#8221; supply-demand problem that could lead to &#8220;shocking developments&#8221; in <a href="https://www.benzinga.com/25/02/43966706/ray-dalio-urges-trump-to-cut-deficits-to-3-of-gdp-within-three-years-or-let-the-economy-suffer">the near future</a>.
What Happened: &#8220;The first thing is the debt issue,&#8221; Dalio said at the CONVERGE LIVE event in Singapore, emphasizing that the federal government will need to sell more debt than global markets can absorb, <a href="https://www.cnbc.com/2025/03/12/ray-dalio-warns-growing-us-debt-will-lead-to-shocking-developments.html">reported</a> CNBC.
The billionaire investor stressed the urgency of reducing the U.S. deficit from its projected 7.2% of GDP to approximately 3% — a substantial adjustment that would require significant fiscal changes.
&#8220;That&#8217;s a big deal. You are going to see shocking developments in terms of how that&#8217;s going to be dealt with,&#8221; Dalio warned.
His comments come amid <a href="https://www.benzinga.com/25/03/44260839/tech-stocks-bitcoin-strongly-rebound-as-ukraine-backs-us-proposal-for-30-day-ceasefire-with-russia">recent market volatility triggered</a> by trade policy uncertainty, adding to Wall Street&#8217;s concerns about global economic stability.
See Also:&nbsp;<a href="https://www.benzinga.com/25/03/44260839/tech-stocks-bitcoin-strongly-rebound-as-ukraine-backs-us-proposal-for-30-day-ceasefire-with-russia" target="_blank" rel="noreferrer noopener">Markets Bounce As Ukraine Expresses Readiness For 30-Day Ceasefire Proposal With Russia</a>
Why It Matters: In previous statements at the World Governments Summit in February, Dalio likened the $36.4 trillion federal debt to plaque <a href="https://www.benzinga.com/markets/25/02/43756938/ray-dalio-warns-of-looming-us-debt-crisis-says-america-faces-economic-heart-attack-without-fiscal-cuts">clogging the financial system&#8217;s arteries</a>, warning of a potential &#8220;economic heart attack&#8221; without immediate action. The current debt-to-GDP ratio stands at approximately 125%, with federal debt having surged 80% since 2020 while GDP grew only 38%.
Dalio has consistently advocated for his &#8220;3% solution,&#8221; which combines spending cuts, tax adjustments, and careful interest rate management. He recently supported President Donald Trump&#8216;s proposal for <a href="https://www.benzinga.com/25/02/43966706/ray-dalio-urges-trump-to-cut-deficits-to-3-of-gdp-within-three-years-or-let-the-economy-suffer">interest rate reductions</a> but emphasized these must be accompanied by spending cuts to effectively address the deficit.
According to the Congressional Budget Office, annual budget deficits are projected to average 6.1% of GDP through 2035 — significantly higher than the 50-year average of 3.8% — with national debt potentially rising by nearly $24 trillion <a href="https://www.benzinga.com/25/02/43966706/ray-dalio-urges-trump-to-cut-deficits-to-3-of-gdp-within-three-years-or-let-the-economy-suffer">over the next decade</a>.
Read Next:
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<li><a href="https://www.benzinga.com/news/25/03/44263206/warren-buffett-rakes-in-607-million-while-elon-musk-jeff-bezos-and-other-top-moneybags-bleed-67-bill" target="_blank" rel="noreferrer noopener">Warren Buffett Rakes In $607 Million While Elon Musk, Jeff Bezos, And Other Top Moneybags Bleed $67 Billion In A Day Amid Market Wipeout</a></li>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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