Últimas noticias sobre Glimpse Group (NASDAQ:VRAR) Bolsa

Glimpse Group

The Glimpse Group Inc is a diversified Virtual and Augmented Reality platform company, comprised of multiple VR and AR software and services companies, and designed with the specific purpose of cultivating companies in the emerging VR/AR industry.

The Glimpse Group Inc

Franco-Nevada (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNV#NYSE">FNV</a>) reported quarterly earnings of $0.95 per share which beat the analyst consensus estimate of $0.89 by 6.74 percent. This is a 5.56 percent increase over earnings of $0.90 per share from the same period last year. The company reported quarterly sales of $321.00 million which beat the analyst consensus estimate of $305.85 million by 4.95 percent. This is a 5.84 percent increase over sales of $303.30 million the same period last year.

Earnings

Earnings Beats

News

Franco-Nevada Q4 2024 Adj EPS $0.95 Beats $0.89 Estimate, Sales $321.00M Beat $305.85M Estimate

The establishment of a Strategic Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) Reserve and a Digital Asset Stockpile in the U.S. represents a new paradigm in the evolution of cryptocurrencies and one that could influence monetary policy in countries around the world.
While Bitcoin will have its own reserve, the Digital Asset Stockpile is expected to have Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>), Cardano (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ada/usd">ADA</a>), and Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>), according to <a href="https://www.benzinga.com/25/03/44068814/bitcoin-ethereum-dogecoin-rally-on-trumps-strategic-crypto-reserve-announcement-cardano-xrp-solana-skyrocket-analyst-says-btcs-new-ath-possible-later-in-the-month">Trump&#8217;s earlier announcement</a>.
The connecting thread among them all? They are the largest cryptocurrencies by market capitalization. In fact, excluding stablecoins, the reserve will contain five of the top six coins in terms of valuation.
But, if it was so obvious, the next logical question is why BNB Coin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/bnb/usd">BNB</a>), the fourth-largest cryptocurrency, was not included in the reserve.
Several analysts that Benzinga spoke to blamed it on the ‘China' angle.&nbsp;
<h2 class="wp-block-heading">Ties With An &#8216;Unfriendly&#8217; Trade Partner</h2>
"President Trump's decision to omit Binance Coin from the U.S. Crypto Reserve, despite its substantial market capitalization, may well have been influenced by the ongoing trade tensions between the U.S. and China, as Binance has strong ties to China," said Shant Kevonian, CEO and founder of Web3 email platform EtherMail.
It's worth noting that Binance was initially headquartered in China but moved out before the Chinese government <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40985461/china-controls-55-of-bitcoin-hashrate-despite-crypto-ban-but-the-us-is-catching-up">restricted cryptocurrency trading</a> in the country. As of this writing, the company has no official headquarters.
See Also:<a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39359780/dogecoin-shiba-inu-floki-are-dino-coins-says-trader-he-likes-these-3-other-meme-coins-as-b?itm_source=parsely-api"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44212481/dogecoin-plunges-9-but-top-analyst-believes-meme-coin-could-stage-a-strong-rebound-in-case-this-happens">Dogecoin Plunges 9% But Top Analyst Believes Meme Coin Could Stage A &#8216;Strong&#8217; Rebound In Case This Happens</a>
Kadan Stadelmann, blockchain developer and Chief Technology Officer of Komodo Platform, also emphasized the Chinese nationality of Yi He, the company's <a href="https://www.benzinga.com/markets/cryptocurrency/24/01/36468045/changpeng-zhao-is-out-but-yi-he-stays-inside-the-unseen-power-of-binances-co-founder">little-known co-founder</a>, apart from Changpeng "CZ" Zhao.
It's not news that Trump <a href="https://www.benzinga.com/25/03/44161587/is-china-apprehensive-of-losing-the-trade-war-to-the-us-china-could-get-isolated-like-moscow-fears-xi-jinping">champions an "America First"</a> policy, placing it at the center of his political rhetoric. He has spoken about putting the U.S. at the forefront of cryptocurrency innovation and avoiding ceding the space to China.
However, the China link wasn't the only cause for concern.
<h2 class="wp-block-heading">Is BNB CZ-Tainted?</h2>
"BNB was started and majority-owned by CZ—in fact, that&#8217;s how Binance funded itself for the 2017 ICO. CZ was recently jailed by the U.S. (Biden administration) for improper KYC, so there&#8217;s no way they&#8217;d include it in a strategic reserve," said Michael Terpin, CEO of Transform Ventures and author of the book Bitcoin Supercycle.
Indeed, CZ served a four-month prison sentence <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38547115/ex-binance-ceo-changpeng-zhao-sees-crypto-industry-entering-new-phase">for anti-money laundering violations</a>, paid a $50 million fine, and stepped down from the CEO's role.&nbsp;
Moreover, according to a Forbes <a href="https://www.forbes.com/sites/javierpaz/2024/06/14/how-cryptos-richest-billionaire-doubled-his-net-worth-behind-bars/">report</a>, he owns an estimated 94 million BNB tokens, roughly 64% of the total circulating supply.
Binance has yet to respond to Benzinga's request for comment on the exclusion from the reserve.
See Also:<a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39359780/dogecoin-shiba-inu-floki-are-dino-coins-says-trader-he-likes-these-3-other-meme-coins-as-b?itm_source=parsely-api"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44212481/dogecoin-plunges-9-but-top-analyst-believes-meme-coin-could-stage-a-strong-rebound-in-case-this-happens">Dogecoin Plunges 9% But Top Analyst Believes Meme Coin Could Stage A &#8216;Strong&#8217; Rebound In Case This Happens</a>
<h2 class="wp-block-heading">Litecoin&#8217;s Privacy: The Reason Behind Exclusion?</h2>
Another popular coin whose exclusion might have surprised some was Litecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ltc/usd">LTC</a>).&nbsp;
After all, the altcoin is <a href="https://www.benzinga.com/trading-ideas/movers/25/01/43047964/litecoin-surges-12-after-analyst-says-altcoin-most-likely-to-have-next-etf-after-bitcoin-ethereum">expected to be the next exchange-traded fund</a> on Wall Street after Bitcoin and Ethereum, with characteristics deemed "very" similar to the apex cryptocurrency.
So, what happened?
Stadelmann believes a privacy-friendly update executed by the Litecoin network in 2022 could be the reason.
"Perhaps Litecoin's 2022 MimbleWimble update, which allows for private transactions where only the sender and receiver know the details, gives Trump pause," Stadelmann told Benzinga.&nbsp;
Notably, the newly added privacy features created a storm, leading to <a href="https://upbit.com/service_center/notice?id=2714">delisting</a> from South Korean cryptocurrency exchanges over conflict with the country's reporting requirements.  
In its defense. Litecoin has stated that MimbleWimble is an <a href="https://www.benzinga.com/markets/cryptocurrency/20/10/17746253/maker-cardano-litecoin-american-wrap-1012020">optional feature</a>.
A spokesperson from the Litecoin Foundation backed LTC's inclusion in a U.S. cryptocurrency reserve and expressed optimism that things could change for the better.
"We are hopeful that thoughtful consideration is given to projects that can provide long-term value for a crypto reserve, and we are confident that if a crypto reserve is passed in Congress, that Litecoin would inevitably be added, given its similar characteristics to Bitcoin and value proposition."
Photo Courtesy: Matt Fowler KC on Shutterstock.com
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44212604/peter-schiff-establishes-personal-strategic-bitcoin-reserve-vows-not-to-sell-going-down-with-the-ship-so-others-never-get-on-board">Peter Schiff Establishes Personal &#8216;Strategic Bitcoin Reserve,&#8217; Vows Not To Sell: &#8216;Going Down With The Ship So Others Never Get On Board&#8217;</a></li>
</ul>

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

Cryptocurrency

Exclusives

Markets

$ADA

$BNB

$BTC

$ETH

$LTC

$SOL

$XRP

Trump Excluded Binance Coin And Litecoin From US Crypto Reserves,  Analysts Say China, CZ's Past And Privacy Concerns Behind The Move

Brown & Brown (Europe) Ltd. Acquires 100% Of The Share Capital Of Premier Commercial Ltd; Consideration Undisclosed

BECN

QXO And Beacon Roofing Supply Confirm Discussions About Potential Combination, In Which QXO Would Acquire Beacon For $124.35 Per Share In Cash, Or ~$11B

MannKind Corporation (NASDAQ:<a href="https://www.benzinga.com/stock/MNKD#NASDAQ">MNKD</a>), a company focused on the development and commercialization of inhaled therapeutic products and delivery devices for patients with endocrine and orphan lung diseases, will showcase data from recent studies of inhaled insulin across five presentations at the 18th International Conference on Advanced Technologies and Treatments for Diabetes to be held March 19-22 in Amsterdam.

MNKD

MannKind to Present New Inhaled Insulin Data at Global Diabetes Conference in Amsterdam

On March 11, Nothing will begin shipping its new Phone (3a) series, offering premium features under $500—but with a few trade-offs that budget buyers should consider.
What Happened: London-based tech startup Nothing announced the Phone (3a) and Phone (3a) Pro, priced at $379 and $459 respectively last week.
The Phone (3a) went on sale March 4 and ships starting March 11, while the (3a) Pro will be available for purchase March 11 and begins shipping March 25.
Both phones run on the Qualcomm Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) Snapdragon 7s Gen 3 processor, with 12 GB of RAM, 256 GB of storage, and 5,000 mAh batteries.
See Also:&nbsp;<a href="https://in.benzinga.com/government/regulations/25/03/44190445/palantir-delivers-ai-powered-battle-stations-to-us-army-stock-now-comparable-to-tesla-circa-2015-analyst" target="_blank" rel="noreferrer noopener">Palantir Delivers AI-Powered Battle Stations To US Army, Stock Now Comparable To Tesla Circa 2015: Analyst</a>
The 6.77-inch AMOLED displays offer up to 3,000 nits peak brightness and adaptive refresh rates from 30 to 120 Hz.
Camera hardware includes a 50-MP main sensor, 8-MP ultrawide, and a telephoto lens—2X optical zoom on the 3a, and 3X on the Pro. The Pro also upgrades the selfie camera to 50 MP.
A standout feature is the new AI-powered Essential Key, which captures screenshots or voice notes and uses the Essential Space app to extract relevant information and tasks.
However, the phones lack wireless charging and IP68 water resistance. With only IP64 certification, they can withstand rain but not submersion.
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.
Why It's Important: The launch of the Phone (3a) series comes as Nothing <a href="https://www.bloomberg.com/news/articles/2025-01-16/phone-startup-nothing-raises-funding-crosses-1-billion-in-lifetime-sales">reportedly</a> seeks to raise at least $100 million in Series C funding to expand operations.
Founded in 2021 by OnePlus co-founder Carl Pei, the company is backed by Google's venture arm and iPod creator Tony Fadell.
Nothing doubled its revenue to over $500 million in 2024 and surpassed $1 billion in lifetime sales, with 7 million units sold across all product categories.
While its top markets are India, Germany, and the U.K., Nothing plans a larger U.S. expansion in 2026.
<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="Introducing Phone (3a) Series &#x7C; Nothing TV" width="500" height="281" src="https://www.youtube.com/embed/ZizbGaSnIUE?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>
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>.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/25/03/44149586/credo-expands-hyperscaler-partnerships-with-amazon-microsoft-xai-amid-nvidia-powered-ai-boom" target="_blank" rel="noreferrer noopener">Analysts Highlight Credo Hyperscaler Partnerships With Amazon, Microsoft, xAI Amid AI Boom</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.
Photo courtesy: Nothing

Tech

QCOM

Nothing Launches Phone (3a), (3a) Pro With Flagship Specs Under $500: Shipping Starts March 11, But No Wireless Charging Or IP68 Rating

Synaptics&#xAE; Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYNA#NASDAQ">SYNA</a>) has extended its award-winning <a href="https://www.globenewswire.com/Tracker?data=0-1pbe1v1q0ZNJAP1GbYFqIsMSRWZaq07vlu_2CXk_LIBcaL-TWg_qltBrDtme7nams91tAt9yQQVWaDdbEIEMlIcVHx8JJKEti070yJvAg=">Veros</a>&#x2122; Triple Combo connectivity portfolio with the <a href="https://www.globenewswire.com/Tracker?data=out_mtCn-dfAigox-KNrXpp8e1fW1c62S_N1LrevI10F3JfVNus-1yYOlivq1oqeggJYA8Cf2_xfG5D_GjHPbthxo0WHqQmey4vxtmPzJOPu9f4agxGvorOFQsiqVjA0UNDyukgPWHfU19u08_0gRmWq28X0FHZ5coHTLEeHQwvNERqMdOK89kyi55-lVNIA">SYN461x</a> family of ultra-low-power (ULP) Wi-Fi&#xAE; 2.4/5/6 GHz, Bluetooth&#xAE; 6.0 and Bluetooth Low Energy (BLE), and IEEE 802.15.4 (Zigbee&#xAE;/Thread&#xAE;) systems on chip (SoCs). Designed for the embedded Edge AI Internet of Things (IoT), the SYN461x is optimized for power, system integration, size, and rapid time to market while delivering Veros' characteristic outstanding rate-over-range performance and seamless interoperability. The versatile Matter-compliant SoCs offer advanced Bluetooth features, such as Channel Sounding and LE Audio—including Auracast&#x2122;. The SYN461x specifically targets consumer and industrial applications and is tailored for devices such as wearables, smart watches, audio speakers and headsets, home appliances, security cameras, asset trackers, and factory automation.

SYNA

Synaptics Boosts Edge AI IoT With New Ultra-Low-Power Chip for Smart Homes, Audio, and Industrial Tech

Fennec Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FENC#NASDAQ">FENC</a>) reported quarterly losses of $(0.06) per share. This is a 40 percent increase over losses of $(0.10) per share from the same period last year. The company reported $7.92 million in sales this quarter. This is a 18.59 percent decrease over sales of $9.73 million the same period last year.

FENC

Fennec Pharmaceuticals Q4 2024 GAAP EPS $(0.06) Up From $(0.10) YoY, Sales $7.92M Down From $9.73M YoY

Brand Engagement Network Inc. ("BEN") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNAI#NASDAQ">BNAI</a>), a global provider of conversational AI agents, has expanded its reseller partnership with Vybroo, a leader in AI-driven voice technology and division of Teleradionetworks S.A. de C.V. and Grupo Vibra Medios, a prominent radio broadcasting network in Mexico. The expanded partnership, which was initially announced in <a href="https://www.globenewswire.com/Tracker?data=MdD1hro-ZSlxjWV_lty7SraiVC59IJQAaCZo9kRdUGThq-cmAQ2BMjcS98JYDZPNGbnI2Imjp4LXvZKmB2tdHTiU8w1e73nteAi_NtQtayvZ_JgRPAia9cK6TPyP1cRAfgHv3pKLKOAneeVFzen2L3ZW6TK_J-RtbF28Dc1F-ZzzwABkqNQt957gCmQ3SlK_OkrHYet_FPmglCO6VqZz1g==">July 2024</a>, will offer AI-powered solutions across Latin America, Spain, Portugal, and Italy, strengthening BEN's presence in AI-enabled digital media through Vybroo's extensive advertising network and Grupo Siete's media platforms, unlocking new revenue opportunities in high-growth markets.
As part of the initiative, Grupo Vibra Medios and Grupo Siete, a leading Mexican media and broadcasting company that operates multiple radio stations, including Radio Disney Mexico, will deploy five AI-powered brand ambassador avatars developed by BEN to drive engagement across various platforms for its advertising clients. This pilot program will introduce QR code activations, enabling real-time consumer interactions that deliver promotions, product information, and personalized engagement.
BEN and Vybroo have also collaborated to develop an AI-powered digital persona, Roquito, modeled after Vybroo CEO and radio icon Roque Mascareño. Roquito leverages BEN's advanced conversational AI capabilities, offering businesses massively scalable, tailored engagement solutions that strengthen customer connections while optimizing costs.

BNAI

Brand Engagement Network Expands AI Partnership With Vybroo, Taps Radio Disney Mexico and Grupo Vibra to Deploy AI Brand Ambassadors Across Latin Markets

Contracts

KBR Secures Firm Fixed Price, $85M Task Award From US Air Force To Procure, Design And Deliver Critical Training Aids And Airfield Damage Repair Kits Globally

Biotech

Health Care

Financing

Offerings

General

BEAM

Beam Therapeutics Priced Underwritten Offering Of 16.15M Shares At $28.48 Per Share, And Pre-funded Warrants To Purchase 1.40M Shares At $28.47 Per Pre-funded Warrant, With Gross Proceeds Of Of Approximately $500M

Beneficient (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BENF#NASDAQ">BENF</a>) ("Beneficient," "Ben" or the "Company"), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets through its proprietary online platform, AltAccess, today announced that it has entered into a binding agreement to settle all claims in the previously disclosed lawsuits relating to GWG Holdings, Inc. ("GWG") in federal court in the Northern District of Texas and the Bankruptcy Court for the Southern District of Texas ("GWG Litigation") against the Company, its subsidiaries, and each of their current and former directors and officers, including its founder and CEO, Brad Heppner (collectively, the "Beneficient Parties"), for a sum within applicable insurance policy limits.

Legal

BENF

Beneficient Ends Legal Battle Over GWG With Settlement, Clears Path for Focus on AltAccess Platform

Buybacks

PERI

Perion Network Board Authorizes $50M Expansion Of Prior Share Repurchase Program Of $75M Of Its Outstanding Shares, To Total Of $125M

The GEO Group, Inc. (NYSE:<a href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>) ("GEO" or the "Company") announced today that U.S. Immigration and Customs Enforcement ("ICE") has entered into a contract modification of the current intergovernmental service agreement ("IGSA") for the GEO-owned, 1,328-bed Karnes ICE Processing Center (the "Center) in Karnes City, Texas to transition the Center from housing adult males only to housing mixed populations. GEO provides support services for ICE at the Center under an IGSA between Karnes County and ICE, that is effective through August 2029. GEO's support services include the exclusive use of the Center by ICE, along with security, maintenance, and food services, as well as access to recreational amenities, medical care, and legal counsel.
Under the revised IGSA, GEO is expected to generate approximately $79 million in annualized revenues in the first full year of operations, which is expected to represent incremental annualized revenues of approximately $23 million, with margins consistent with GEO's company-owned Secure Services facilities.

GEO Lands $79M Deal With ICE, Expands Karnes Facility Use and Revenue Outlook Through 2029

TRVI

Trevi Therapeutics Reports Topline Results From Its Phase 2a RIVER Trial Of Haduvio For The Treatment Of Patients With RCC (N=66); Says Haduvio Met The Primary Endpoint

<ul>
<li>Single Dose of BEAM-302 Led to Durable, Dose-dependent Increases in Total and Functional Alpha-1 Antitrypsin (AAT), Production of Corrected M-AAT, and Decreases in Mutant Z-AAT in Circulation Across Initial Three Dose Levels</li>
<li>Third Dose Level of BEAM-302 (60 mg, N=3) Achieved Mean Total AAT of 12.4µM at Day 28, Exceeding Protective Therapeutic Threshold, and Reduced Mutant Z-AAT up to 78%</li>
<li>Initial Safety Findings Demonstrated BEAM-302 was Well Tolerated at All Dose Levels with No Serious Adverse Events or Dose-Limiting Toxicities Observed</li>
<li>Clinical Profile Supports Continued Dose Escalation, with Updated Data from Part A of the Phase 1/2 Trial Expected to be Presented at Medical Conference in Second Half of 2025</li>
</ul>

Beam Therapeutics Announced Initial Safety And Efficacy Data From Its Phase 1/2 Trial Of BEAM-302, As Potential Treatment For Alpha-1 Antitrypsin Deficiency And For In Vivo Base Editing

A Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) whale accumulated about $7.5 million in unrealized profit by successfully shorting the apex cryptocurrency amid the ongoing market correction.
What Happened:&nbsp;According to an X post by on-chain tracking platform Lookonchain Sunday, the trader shorted Bitcoin at approximately $96,500 on Feb. 22 and closed the position near&nbsp;the bottom at around $78,900 six days later.
The whale&nbsp;re-entered a short position at&nbsp;the peak of approximately $94,424 following the rally induced by President Donald Trump&#8217;s executive order establishing a <a href="https://in.benzinga.com/25/03/44183572/trump-establishes-strategic-bitcoin-reserve-funded-by-forfeited-assets-i-made-the-promise">Strategic Bitcoin Reserve</a>. 
As of this writing, they have set additional short&nbsp;positions at $92,449-$92,636&nbsp;and placed limit orders to&nbsp;take profit between $70,475-$74,192.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">A whale has been very good at shorting <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> during recent price drops, with an unrealized profit of over $7.5M! On Feb 22, he shorted <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> at ~$96,500, and within a week, <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> plummeted below $80,000. He closed his short position near the bottom at ~$78,900 with perfect timing.… <a href="https://t.co/wkXOZKnU4O">pic.twitter.com/wkXOZKnU4O</a>
&mdash; Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1898911091029409835?ref_src=twsrc%5Etfw">March 10, 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/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/25/03/44159088/microsoft-might-have-given-bitcoin-investments-a-miss-for-now-but-one-of-its-largest-investors-has-been-an-avid-advocate-of-cryptos-blockchains">Microsoft May Have Given Bitcoin Investments A Miss But A Large MSFT Stock Holder Is A Strong Crypto, Blockchain Advocate</a>
Why It Matters:&nbsp;The whale&#8217;s successful shorting of Bitcoin comes in the wake of the <a href="https://www.benzinga.com/trading-ideas/movers/25/03/44212362/bitcoin-ethereum-and-dogecoin-crash-as-trump-refuses-to-rule-out-recession-arthur-hayes-predicts-btc-to-retest-78000">broader market crash</a> Sunday evening following Bitcoin&#8217;s fall to $80,000. 
Well-known Bitcoin bull Arthur Hayes predicted a retest of $78,000, with $75,000 next in line if that failed, indicating a convergence with the whale&#8217;s conviction.
The timing of several leveraged trades has sparked speculation of possible insider trading in recent days. Last week, a whale closed their 50x leveraged position on Bitcoin and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) shortly before Trump announced a&nbsp;<a href="https://www.benzinga.com/25/03/44068814/bitcoin-ethereum-dogecoin-rally-on-trumps-strategic-crypto-reserve-announcement-cardano-xrp-solana-skyrocket-analyst-says-btcs-new-ath-possible-later-in-the-month" target="_blank" rel="noreferrer noopener">cryptocurrency reserve</a>, resulting in a profit of over $6 million.
Price Action: At the time of writing, Bitcoin was exchanging hands at $81,575.36, down 5.01% 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>.
Read Next:&nbsp;
<ul>
<li><a href="https://in.benzinga.com/25/03/44183572/trump-establishes-strategic-bitcoin-reserve-funded-by-forfeited-assets-i-made-the-promise">Trump Creates Strategic Bitcoin Reserve Funded By Forfeited Assets: &#8216;I Made The Promise&#8217; — BTC Dips 4%</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Successful Bitcoin Short Trader Places Take Profit Levels Between $70,000-$74,000: Further Drop Incoming?

The unpredictable policies of President Donald Trump, especially concerning tariffs and the Russia-Ukraine conflict, have stirred a sense of uncertainty among households, businesses, and Wall Street. However, this has also paved the way for new investment opportunities, as per analysts.
What Happened: The erratic trade tactics of the Trump administration have recently led to U.S. stocks facing their toughest week of the year. Despite this, Mike Cudzil, a portfolio manager at Pimco, sees this uncertain backdrop as a breeding ground for investment opportunities, reported <a href="https://www.marketwatch.com/story/trumps-chaotic-policy-approach-is-creating-opportunity-for-investors-c7a0418d">MarketWatch</a>. He highlighted a significant shift out of Europe, particularly Germany, in anticipation of a massive fiscal package expected from Europe next week.
"What you are seeing is a repricing of risky assets in the U.S. relative to risky assets [abroad]," the portfolio manager told the publication. 
It's potentially "quite a shift in the world order" compared to the past 80 years, Cudzil added.
Friedrich Merz, likely to be Germany&#8217;s next chancellor, has pledged a massive increase in defense spending and proposed a €500 billion ($524 billion) investment in infrastructure. Cudzil attributes this potential shift to the &#8220;chaotic&#8221; U.S. policies that have prompted Europe to reconsider its defense spending. Even Goldman Sachs, researchers predict a substantial rise in defense expenditures by EU member states through 2027.
Meanwhile, the Chief Investment Officer&nbsp;at Spectrum Wealth Management, Leslie Thompson, also sees potential for profit in overseas investments. She also stated that her team has started moving some profit&nbsp;into exchange-traded funds focused on&nbsp;stocks in developed foreign markets.
SEE ALSO: <a href="https://www.benzinga.com/news/25/03/44213871/canadas-next-pm-mark-carney-vows-to-win-trade-war-with-trump-says-americans-should-make-no-mistake">Canada&#8217;s Next PM Mark Carney Vows To Win Trade War With Trump: &#8216;Americans Should Make No Mistake&#8217;</a>
Why It Matters: The economic landscape has been marked by uncertainty due to the unpredictable nature of Trump&#8217;s policies. This has led to a shift in investment strategies, with a focus on overseas markets, particularly Europe. 
Investors have recently&nbsp;poured $12 billion into European&nbsp;stocks, marking&nbsp;their strongest inflows in a&nbsp;decade. This indicates how European government stimulus could strengthen the Eurozone while the Trump administration reworks its trade agreements and aims to significantly reduce the federal government.
As noted by economist Mohamed El-Erian in a&nbsp;<a href="https://www.benzinga.com/25/03/44213521/us-economic-slowdown-talk-of-the-town-says-economist-mohamed-el-erian-as-fed-chair-powell-reaffirms-growth-at-solid-pace">podcast with Forward Guidance</a>, the risk of an economic slowdown is a significant concern. However, the current economic climate also presents opportunities for savvy investors who are willing to venture into foreign markets.
The S&amp;P 500 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) dropped 3.32% over the last five days to close at 5,770.20 on Friday, while the STOXX Europe 600 climbed 8.46% to reach 551.00.
<ul>
<li>READ MORE:<a href="https://www.benzinga.com/markets/equities/25/03/44209953/rfk-jr-takes-on-food-giants-calls-meeting-with-pepsico-and-general-mills"> RFK Jr. Takes On Food Giants: Calls Meeting With PepsiCo And General Mills</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

Trump's 'Chaotic' Policies May Drive Investors To Europe, Says Analyst: 'Quite A Shift In The World Order'

Editor&#8217;s Note: The story has been updated to correct the revenue consensus number
ServiceNow Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) reported fourth-quarter financial results after the market close on Wednesday. Here&#8217;s what you need to know <a href="https://www.benzinga.com/pressreleases/25/01/b43318968/servicenow-reports-fourth-quarter-and-full-year-2024-financial-results-board-of-directors-authoriz">from the report</a>.
What Happened: ServiceNow reported fourth-quarter revenue of $2.957 billion, missing the <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">consensus estimate</a> of $2.961 billion. The company reported fourth-quarter adjusted earnings of $3.67 per share, in line with analyst estimates, according to <a href="https://benzinga.grsm.io/gxjhpowx7zks" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.
Total revenue was up 21% year-over-year. Subscription revenues were up 21% year-over-year. ServiceNow said it had remaining performance obligations of&nbsp;$10.7 billion at quarter's end, up 19% year-over-year. The company noted that it now has nearly 500 customers with more than&nbsp;$5 million&nbsp;in annual contract value, representing&nbsp;21%&nbsp;year-over-year growth.
&#8220;AI is fueling a top-to-bottom re-ordering of the enterprise technology landscape. Leaders are embracing the ServiceNow Platform as their AI agent control tower to unlock exponential productivity and seamlessly orchestrate end-to-end business transformation,&#8221; said&nbsp;Bill McDermott, chairman and CEO of ServiceNow.
&#8220;We are still in the early days of a massive opportunity. ServiceNow&#8217;s innovation, growth, and profitability put us in a class of one.&#8221;
ServiceNow said its board authorized additional share repurchases of up to $3 billion. The company had $266 million remaining under its existing buyback at the quarter&#8217;s end.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/technicals/25/01/43316248/intel-faces-bearish-pressure-as-q4-earnings-loom-ceo-search-ai-in-focus">Intel Faces Bearish Pressure As Q4 Earnings Loom: CEO Search, Ai In Focus</a>
What&#8217;s Next: ServiceNow expects first-quarter subscription revenue of $2.995 billion to $3 billion. The company expects full-year subscription revenue of $12.635 billion to $12.675 billion.
Management will hold a conference call to further discuss the quarter at 5 p.m. ET.
What Else:&nbsp;ServiceNow announced expanded partnerships with <a href="https://www.benzinga.com/pressreleases/25/01/b43318750/servicenow-expands-strategic-alliance-with-visa">Visa</a>, <a href="https://www.benzinga.com/pressreleases/25/01/b43318796/servicenow-expands-workflow-data-fabric-capabilities-with-new-oracle-autonomous-database-oracle-da">Oracle</a>, <a href="https://www.benzinga.com/pressreleases/25/01/b43318875/servicenow-and-google-cloud-expand-partnership-to-deliver-ai-powered-tools-to-millions-of-users">Google Cloud</a> and <a href="https://www.benzinga.com/pressreleases/25/01/b43318668/servicenow-and-softwareone-announce-strategic-partnership-to-transform-it-modernization-in-the-clo">SoftwareOne</a> in multiple press releases issued around the same time earnings came out.
NOW Price Action:&nbsp;<a href="https://www.benzinga.com/quote/NOW" target="_blank" rel="noreferrer noopener">ServiceNow shares</a>&nbsp;were down 9.24% in after-hours, trading at $1,038 at the time of publication Wednesday, according to&nbsp;<a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.
Photo: Shutterstock.

Guidance

After-Hours Center

Movers

ServiceNow Q4 Earnings: Revenue Miss, EPS In Line, Still In 'Early Days' Of 'Massive' AI Opportunity (CORRECTED)

China's Manus AI is being hyped as the next big leap in agentic AI—maybe even a "DeepSeek moment"—but early testers say the platform might be more sizzle than substance.
What Happened: Developed by Chinese startup Monica, the daughter company of The Butterfly Effect, Manus is billed as an "autonomous agent" capable of handling complex tasks like booking flights, ordering food, and even programming video games.
Its invite-only beta sparked massive buzz, with over 130,000 users joining its Discord server and invite codes reportedly selling for thousands of dollars on Chinese reselling app Xianyu, <a href="https://techcrunch.com/2025/03/09/manus-probably-isnt-chinas-second-deepseek-moment/">reported</a> TechCrunch.
Some influencers and tech executives praised Manus as revolutionary. Hugging Face's head of product called it "the most impressive AI tool I've ever tried," while AI researcher Dean Ball dubbed it "the most sophisticated computer using AI."
See Also:&nbsp;<a href="https://www.benzinga.com/25/03/44070969/former-intel-ceo-craig-barrett-warns-that-splitting-the-company-would-be-a-costly-mistake-a-far-better-move-might-be-to-fire-the-intel-board-and-rehire-pat-gelsinger" target="_blank" rel="noreferrer noopener">‘Fire The Intel Board,' Says Former CEO Craig Barrett As He Pushes Back On Breakup Plans, Urges Focus On Chipmaking Wins</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">It is wrong to call manus a "deepseek moment." Deepseek was about replication of capabilities already publicly achieved by American firms. Manus is actually advancing the frontier. The most sophisticated computer using ai now comes from a Chinese startup, full stop.
&mdash; Dean W. Ball (@deanwball) <a href="https://twitter.com/deanwball/status/1898771696796270672?ref_src=twsrc%5Etfw">March 9, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
<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">Got access and it&#39;s true&#8230; Manus is the most impressive AI tool I&#39;ve ever tried. &#8211; The agentic capabilities are mind-blowing, redefining what&#39;s possible. &#8211; The UX is what so many others promised&#8230; but this time it just works. prompt: &quot;code a threejs game where you control a… <a href="https://t.co/rUD2XV4ZVK">pic.twitter.com/rUD2XV4ZVK</a>
&mdash; Victor M (@victormustar) <a href="https://twitter.com/victormustar/status/1898505307896131708?ref_src=twsrc%5Etfw">March 8, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
But some user experience tells a different story.
<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">if the problem in the pic is not obvious to you, it is obvious to my young Ph.D biochem friend and also to Sonnet 3.7, which (seeing as it took a few hours for this project) points to an easy improvement with a MoA "Am I bullshitting?" check. (also probably monomer, not dimer) <a href="https://t.co/PbZZNFHhBB">pic.twitter.com/PbZZNFHhBB</a>
&mdash; Teortaxes&#x25b6;&#xFE0F; (DeepSeek 推特&#x1f40b;铁粉 2023 – ∞) (@teortaxesTex) <a href="https://twitter.com/teortaxesTex/status/1898716653468221848?ref_src=twsrc%5Etfw">March 9, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
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.
Alexander Doria, co-founder of AI startup Pleias, wrote on X, formerly Twitter, that he encountered "endless loops" and errors.
<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">To give more detail: it never manages to fill a file with synthetic human: assistant: exchange. Instead there are regular &quot;encountered errors&quot; and generation examples being outputted directly through injection. <a href="https://t.co/UnpWEgbNxa">pic.twitter.com/UnpWEgbNxa</a>
&mdash; Alexander Doria (@Dorialexander) <a href="https://twitter.com/Dorialexander/status/1898722227756859506?ref_src=twsrc%5Etfw">March 9, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Zengyi Qin, a generative AI researcher, also took to X and shared his views saying, "Manus is NOT a technology breakthrough," because it mainly follows pre-defined workflows to perform tasks and operates within fairly limited environments.
<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">Many people ask me about Manus <a href="https://twitter.com/ManusAI_HQ?ref_src=twsrc%5Etfw">@ManusAI_HQ</a> and here are my thoughts: <a href="https://t.co/PgwCqzzb6y">pic.twitter.com/PgwCqzzb6y</a>
&mdash; Zengyi Qin (@qinzytech) <a href="https://twitter.com/qinzytech/status/1897505798974267730?ref_src=twsrc%5Etfw">March 6, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Manus' website makes lofty claims—like buying real estate or building apps autonomously—but some of the platform's core functions reportedly rely on fine-tuned versions of existing models like Anthropic's Claude and Alibaba Group Holding Ltd.'s (NYSE BABA) Qwen.
Yichao "Peak" Ji, a research lead for Manus, called the tool a "completely autonomous agent" and claimed it outperforms OpenAI's Deep Research on the GAIA benchmark.&nbsp;
<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">Introducing Manus: the first general AI agent. Try Manus today and see the future of human-machine collaboration: <a href="https://t.co/IKBPiiHsta">https://t.co/IKBPiiHsta</a> <a href="https://t.co/z3C8fUK3eN">pic.twitter.com/z3C8fUK3eN</a>
&mdash; ManusAI (@ManusAI_HQ) <a href="https://twitter.com/ManusAI_HQ/status/1897294098945728752?ref_src=twsrc%5Etfw">March 5, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
But a viral video touting Manus' capabilities was later confirmed by Ji to not be a real demo.
<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">Co-founder of Manus AI here! Thanks for your interest in Manus <a href="https://twitter.com/heyBarsee?ref_src=twsrc%5Etfw">@heyBarsee</a>, but this video is definitely NOT Manus&#x1f923;. Our official account is <a href="https://twitter.com/ManusAI_HQ?ref_src=twsrc%5Etfw">@ManusAI_HQ</a> , and Manus is a web-based AI agent, like OpenAI Operator/DeepResearch, not a VNC for smartphones.
&mdash; Yichao &#39;Peak&#39; Ji (@peakji) <a href="https://twitter.com/peakji/status/1898225941954142430?ref_src=twsrc%5Etfw">March 8, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It's Important: &nbsp;The rise of Manus comes at a time when the AI landscape in China is rapidly evolving. DeepSeek, another Chinese AI firm, has been under <a href="https://in.benzinga.com/government/regulations/25/03/44201104/usa-targets-deepseek-weighs-restrictions-on-chinas-ai-firm-that-shook-nvidias-market-value-by-600-billion">scrutiny by the U.S. government</a>, which is considering restrictions on its operations.
DeepSeek&#8217;s AI models have been made open-source, allowing them to be freely downloaded and copied.
In January 2025, DeepSeek&#8217;s assertion that its AI model was developed at a fraction of the cost compared to its U.S. competitors resulted in Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) losing $600 billion in <a href="https://www.benzinga.com/markets/equities/25/01/43256425/nvidia-says-deepseek-an-illustration-of-how-new-ai-models-can-be-created-while-being-export-control-compliant-amid-600-billion-market-value-plunge">market value in just one day</a>.
Moreover, a study by Copyleaks revealed that <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">74% of DeepSeek&#8217;s output</a> mimics OpenAI&#8217;s ChatGPT, raising questions about its development process.
Meanwhile, earlier this month, <a href="https://in.benzinga.com/25/03/44101621/deepseek-loses-top-spot-as-tencents-yuanbao-ai-becomes-no-1-iphone-app-amid-intensifying-ai-battle">Tencent&#8217;s Yuanbao AI</a> has surpassed DeepSeek as the most downloaded iPhone app in China.
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:
<ul>
<li><a href="https://www.benzinga.com/news/25/02/44055314/mrbeast-lost-millions-on-amazons-beast-games-now-hes-looking-to-raise-hundreds-of-millions-to-take-h" target="_blank" rel="noreferrer noopener">MrBeast Lost Millions On Amazon's ‘Beast Games'—Now He's Looking To Raise Hundreds Of Millions To Take His Brand To The Next Level</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.
Photo courtesy: Shutterstock

Media

NVDA

Move Over DeepSeek? Not So Fast: China's Manus AI Goes Viral, But Early Users Say It Crashes, Loops, And Fumbles The Basics

Press Releases

The Glimpse Group Named to the 2024 Deloitte Technology Fast 500(TM) North America List

The Glimpse Group Issues 2024 Year End Shareholder Letter Highlighting Spatial Core Market Traction and Expected Profitability

Brightline Interactive Enters into an Agreement with the U.S. Navy for an Immersive, AI-Driven Simulator System

Brightline Interactive Successfully Delivers A Scalable Immersive Simulation To A Global Government Service Integrator, Positioning Itself As A Leading Operating System For Processing And Visualizing Complex Information In 3D Space

The Glimpse Group Announces the Closing of a $7.29 Million Registered Direct Offering; Proceeds to Accelerate Spatial Computing, AI and Immersive Capabilities and Support Customer Contracts Traction

The Glimpse Group Regains Compliance with NASDAQ

Winning In The Spatial Computing, AI and Cloud Immersive Segment - A Glimpse Group Webinar On X Spaces, hosted by WOLF Financial (Tuesday, December 31, 2024 at 1:00pm EST)

Glimpse President and CEO Lyron Bentovim To Be Interviewed on Schwab Network's "Trading 360 with Nicole Petallides" On The Topic of Immersive Technology, Spatial Computing, AI and Key Partnerships

The Glimpse Group to Announce Q2 Fiscal Year 2025 Financial Results On Thursday, February 13, 2025 at 9am Eastern Time

The Glimpse Group Reports Q2 Fiscal Year 2025 Financial Results - 50% Increase in Revenue and Positive EBITDA, Positive Cash Flow & Positive Net Income

Comments

Glimpse Group

Noticias

Últimas noticias sobre Glimpse Group (NASDAQ:VRAR) Bolsa

La gente también mira

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL