Verrica Pharmaceuticals Bolsa (NASDAQ: VRCA)

Últimas noticias sobre Verrica Pharmaceuticals (NASDAQ:VRCA) Bolsa

VERRICA PHARMACEUTICALS INC

Verrica Pharmaceuticals

Verrica Pharmaceuticals Inc is a dermatology therapeutics company engaged in the development and commercialization of novel treatments that provide a meaningful benefit for people living with skin diseases. Its product candidate, VP-102, is developed for the treatment of molluscum contagiosum, or molluscum, a contagious and pediatric viral skin disease, and common warts.

Verrica Pharmaceuticals Inc. - Common Stock

Verrica Pharmaceuticals Inc

Shark Tank investor Kevin O'Leary says most people will never start a company, insisting that only about one in three has the grit to thrive as an entrepreneur and taste true freedom.
What Happened: "In life, only a third of people can become successful entrepreneurs. That's it," the investor told Steven Bartlett on the "Diary of a CEO" podcast. "The rest can be very successful employees … you can have a fantastic life.&#8221;
&#8220;You won't be shackled to the ups and downs of entrepreneurship, the challenge of it, how hard it is. But you'll never be free,&#8221; said O Leary.
<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="Kevin O&#039;Leary: This $28 Habit Is Keeping You Poor! Every Time You Get Paid, Do This!" width="500" height="281" src="https://www.youtube.com/embed/mpAZehPviLQ?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>
For the two-thirds who prefer salaried positions, O'Leary insisted there is "nothing wrong" with a corporate path and a steady paycheck.
See Also: <a href="https://www.benzinga.com/markets/tech/25/07/46257861/jim-cramer-contradicts-ai-led-job-cuts-at-white-collar-firms-as-cathie-wood-says-its-hurting-entry-level-jobs-heres-how-experts-debunk-ais-impact-on-employment">Jim Cramer Contradicts AI-Led Job Cuts At White Collar Firms As Cathie Wood Says It&#8217;s &#8216;Hurting Entry-Level Jobs:&#8217; Here&#8217;s How Experts Debunk AI&#8217;s Impact On Employment</a>
He argued that true builders master a razor-sharp "signal-to-noise ratio." Steve Jobs was &#8220;80 signal, 20 noise," O'Leary said, mentioning that he sees a similar trait in Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) chief Elon Musk. "Elon Musk … he has no noise. 60 seconds of every minute, 60 minutes of every hour, the 18 hours he's awake, it's all signal. And look what he's achieved,&#8221; he added.
Why It Matters: O'Leary, now 70, built Toronto-based SoftKey into an educational-software powerhouse and sold it to Mattel for $3.7 billion in 1999, a deal that helped give him an <a href="https://www.benzinga.com/tech/25/05/45433850/mr-wonderful-kevin-oleary-says-youre-literally-giving-away-money-to-billers-by-not-doing-this-one-simple-thing-and-hes-been-doing-it-for-decades">estimated $400 million</a> fortune.
He told listeners that even at Harvard Business School, two-thirds of students "want to become consultants and lead a life of mediocrity," while the top third embraces &#8220;the stress and the pain and the trauma and the anxiety and the risk of failure&#8221; of starting companies.
Other successful entrepreneurs identify different ingredients for success, and O'Leary's former "Shark Tank" cohost Mark Cuban echoes them, saying he observes one trait in successful people and that&#8217;s a <a href="https://www.benzinga.com/personal-finance/financial-advisors/25/06/45939593/mark-cuban-challenges-concept-of-work-life-balance-for-high-achievers-not-working-would-be-a-sacrifice">strong work ethic</a>.
Photo courtesy: Kathy Hutchins / Shutterstock.com
Read Next: <a href="https://www.benzinga.com/news/politics/25/07/46257635/trump-administrations-ice-raids-compared-with-wwii-japanese-internment-camps-by-george-takei-politicians-lie-and-people-believe-that-lie">Trump Administration&#8217;s ICE Raids Compared With WWII Japanese Internment Camps By George Takei: &#8216;Politicians Lie, And People Believe That Lie&#8217;</a>

Startups

TSLA

Kevin O'Leary Says 'You'll Never Be Free' If You Remain An Employee, But There's Actually Nothing Wrong With It: Here's Why

As we wrap up another eventful week, the tech world continues to buzz with exciting news and predictions. From Mark Cuban&#8216;s bold forecast about the future of AI to IBM&#8216;s surprising performance, there&#8217;s plenty to catch up on. Let&#8217;s dive into the top stories that caught our attention over the weekend.
Mark Cuban Predicts AI Will Create The First Trillionaire
Billionaire entrepreneur Mark Cuban shared his belief that artificial intelligence (AI) could lead to the creation of the world&#8217;s first trillionaire. During the &#8220;High Performance&#8221; podcast by CNBC, Cuban suggested that the future trillionaire will likely be someone who innovatively harnesses AI. He speculated that this groundbreaking innovation might emerge from an unexpected source.
<a href="https://www.benzinga.com/news/25/07/46263675/mark-cuban-predicts-ai-will-create-the-first-trillionaire-and-it-could-just-be-one-dude-in-the-basement">Read the full article here.</a>
IBM Outperforms Nvidia, Apple, and Tesla in 2025
As Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) became the most valuable publicly traded company, another tech giant, nicknamed &#8216;Big Blue,&#8217; has quietly outpaced the Magnificent 7 and the Jensen Huang-led tech giant in 2025. International Business Machines Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) has emerged as one of the most profitable artificial intelligence plays this year.
<a href="https://www.benzinga.com/markets/equities/25/07/46259795/everyone-talked-about-nvidia-apple-and-tesla-but-this-one-tech-stock-has-left-them-all-behind-in-2025">Read the full article here.</a>
See Also:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/07/46260599/ripples-national-bank-ambition-how-could-it-disrupt-stablecoins-and-traditional-banking" target="_blank" rel="noreferrer noopener">Ripple's National Bank Ambition: How Could It Disrupt Stablecoins And Traditional Banking? Ripple's National Bank Ambition: How Could It Disrupt Stablecoins And Traditional Banking? &#8211; Benzinga</a>
Elon Musk&#8217;s xAI Hires Katie Miller Amid Controversial Permit Win
Elon Musk&#8217;s artificial intelligence startup xAI has hired Katie Miller, wife of President Donald Trump&#8217;s Deputy Chief of Staff Stephen Miller, as a communications manager. This comes just as the company secured a controversial permit for its Memphis data center operations.
<a href="https://www.benzinga.com/markets/tech/25/07/46259534/elon-musks-xai-hires-trump-aide-stephen-millers-wife-katie-amid-controversial-memphis-data-center-permit-win">Read the full article here.</a>
Experts Debate AI&#8217;s Impact On Employment
The impact of artificial intelligence on employment continues to be a hot topic of debate. Market veteran Jim Cramer thinks that &#8220;AI is still not trusted,&#8221; while others see trouble brewing in the labor market due to the automation of several human-led jobs.
<a href="https://www.benzinga.com/markets/tech/25/07/46257861/jim-cramer-contradicts-ai-led-job-cuts-at-white-collar-firms-as-cathie-wood-says-its-hurting-entry-level-jobs-heres-how-experts-debunk-ais-impact-on-employment">Read the full article here.</a>
Dan Ives Urges Apple to Acquire Perplexity AI
Tech analyst Daniel Ives has urged Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) to make quick moves and acquire Perplexity AI for its search engine. Ives stated that Apple needs to &#8220;make a move,&#8221; during an interview with CNBC.
<a href="https://www.benzinga.com/markets/equities/25/07/46216283/dan-ives-urges-apple-to-make-a-move-saying-that-perplexity-acquisition-is-a-no-brainer-its-a-matter-of-when-and-not-if">Read the full article here.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://benzinga.com/news/25/07/46262296/trumps-big-beautiful-bill-offers-seniors-a-6-000-bonus-tax-deduction-heres-how-you-qualify-for-the-b" target="_blank" rel="noreferrer noopener">Trump&#8217;s &#8216;Big, Beautiful Bill&#8217; Offers Seniors A $6,000 &#8216;Bonus&#8217; Tax Deduction: Here&#8217;s How You Qualify For The Benefit</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>
Photo courtesy: Shutterstock

Tech

AAPL

NVDA

Cuban's AI Prediction, IBM's Rise, Musk's New Hire And More: This Week In AI

These eleven large-cap stocks were the best performers in the holiday-shortened week. Are they a part of your portfolio?
<ol class="wp-block-list">
<li>Symbotic Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYM#NASDAQ">SYM</a>) stock gained 28.93% last week.</li>
<li>NIKE, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) stock upped 22.15%, along with apparel and retail stocks, <a href="https://www.benzinga.com/node/46230421">which gained</a> on Trump's trade deal announcement with Vietnam, a key supplier to the industry. Argus Research also upgraded Nike <a href="https://www.benzinga.com/quote/NKE/analyst-ratings">from Hold to Buy</a>.</li>
<li>First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) stock rose 18.89% after the U.S. Senate passed the "One Big Beautiful Bill Act," which extended renewable project timelines and cut China from the supply chain. The bill also removed <a href="https://www.benzinga.com/node/46249974">the proposed excise tax</a>.</li>
<li>Datadog, Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NASDAQ">DDOG</a>) stock gained 18.33% after it was announced that it would <a href="https://www.benzinga.com/node/46248451">join the S&amp;P 500 index</a> on July 9, 2025.</li>
<li>Hewlett Packard Enterprise Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NYSE">HPE</a>) stock jumped 16.17% after the DOJ cleared its Juniper Networks Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNPR#NYSE">JNPR</a>) <a href="https://www.benzinga.com/node/46172737">acquisition</a>. Also, Bank of America Securities maintained a Buy rating and raised its <a href="https://www.benzinga.com/quote/HPE/analyst-ratings">price forecast to $23</a>.</li>
<li>Summit Therapeutics Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMMT#NASDAQ">SMMT</a>) stock upped 15.15% after Bloomberg reported it is in $15 billion-valued <a href="https://www.benzinga.com/node/46249640">partnership talks</a> with AstraZeneca (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZN#NYSE">AZN</a>). UBS also initiated coverage on the stock with a Buy rating and <a href="https://www.benzinga.com/quote/SMMT/analyst-ratings">a $30 price forecast</a>.</li>
<li>Carnival Corporation &amp; plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) stock rose 14.48% as it prepares to launch its <a href="https://www.benzinga.com/node/46236882">new private cruise destination</a>, Celebration Key. The company also announced an offer to raise 1 Billion euros via senior unsecured notes to refinance debt.</li>
<li>POSCO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKX#NYSE">PKX</a>) stock gained 14.43% last week.</li>
<li>Wynn Resorts, Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WYNN#NASDAQ">WYNN</a>) stock gained 14.02% after <a href="https://www.benzinga.com/node/46204670">Macau's June gaming revenue</a> rose 19% year-over-year to $2.6 billion, beating expectations.</li>
<li>SharkNinja, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SN#NYSE">SN</a>) stock rose 13.95% amid sector-wide gains from Trump's Vietnam trade deal announcement benefiting consumer goods supply chains.</li>
<li>Snap Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) shares gained 13.88% last week after Wells Fargo raised its <a href="https://www.benzinga.com/node/46207800">price forecast on the stock</a> from $8 to $11.</li>
</ol>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/large-cap/25/07/46252229/netflix-is-worth-half-trillion-and-one-analyst-forecasts-trillion-dollar-valuation">Netflix Is Worth Half Trillion And One Analyst Forecasts Trillion Dollar Valuation</a></li>
</ul>
Image via Shutterstock

Large Cap

News

Movers

Trading Ideas

DDOG

FSLR

JNPR

SMMT

SNAP

WYNN

NIKE, Datadog And Snap Are Among Top 11 Large Cap Gainers Last Week (June 30-July 4): Are The Others In Your Portfolio?

Tech mogul Elon Musk has announced the formation of a new political party, the &#8220;America Party,&#8221; <a href="https://www.benzinga.com/news/24/12/42496864/exclusive-eric-trump-calls-elon-musk-albert-einstein-of-our-time-says-tesla-ceo-will-help-build-a-stronger-america">on his social media platform X.</a>
The creation of the America Party comes in the wake of President Donald Trump&#8216;s signing of a significant spending bill on July 4.
Musk expressed his disapproval of the bill&#8217;s spending measures and formed the new party as a countermeasure to what he views as a flawed two-party system.
Prior to his decision, Musk conducted a poll on X, querying voters about their desire for independence from the existing political framework. The poll garnered over 1.2 million votes, with a majority of 65.4% favoring the establishment of a new political party.
Musk announced the results of the poll on Saturday, stating,&nbsp;&#8220;By a factor of 2&nbsp;to 1, you want a&nbsp;new political party and you&nbsp;shall have it.&#8221; He further explained that the America Party was created to &#8220;give you back your freedom.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">By a factor of 2 to 1, you want a new political party and you shall have it! When it comes to bankrupting our country with waste &amp; graft, we live in a one-party system, not a democracy. Today, the America Party is formed to give you back your freedom. <a href="https://t.co/9K8AD04QQN">https://t.co/9K8AD04QQN</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1941584569523732930?ref_src=twsrc%5Etfw">July 5, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The new party&#8217;s strategy is to secure key congressional seats, thereby forming a swing bloc potent enough to challenge both the Republican and Democratic parties.
Also Read: <a href="https://www.benzinga.com/news/25/06/46177116/elon-musk-calls-trumps-megabill-political-suicide-says-it-is-utterly-insane-and-destructive-will-des">Elon Musk Calls Trump&#8217;s Megabill &#8216;Political Suicide,&#8217; Says &#8216;It Is Utterly Insane and Destructive,&#8217; Will &#8216;Destroy Millions of Jobs in America&#8217;</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">Independence Day is the perfect time to ask if you want independence from the two-party (some would say uniparty) system! Should we create the America Party?
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1941119099532378580?ref_src=twsrc%5Etfw">July 4, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Despite this, skeptics argue that the emergence of a third party could divide the conservative vote, potentially making it easier for Democrats to secure victories. Some suggest that Musk&#8217;s efforts would be better spent working to reform the GOP from within.
Historically, third parties have found it difficult to establish a foothold in American politics due to the system&#8217;s bias towards the two dominant parties.
The formation of the America Party marks a significant shift in the political landscape. With Musk&#8217;s influence and the backing of a large number of voters, the party could potentially disrupt the longstanding two-party system. 
However, the challenge lies in overcoming the historical difficulties faced by third parties in gaining traction within the American political framework.
Read Next
<a href="https://www.benzinga.com/news/politics/25/07/46264768/elon-musks-hypothetical-america-party-gains-support-from-40-of-voters">Elon Musk&#8217;s Hypothetical &#8216;America Party&#8217; Gains Support From 40% of Voters</a>
Image: Shutterstock

Politics

Elon Musk Announces Formation of 'America Party' Emerges in Wake of Donald Trump's Historic Spending Bill

<h2 class="wp-block-heading">Market Overview</h2>
Bulls were on parade last week, with the Dow Jones Industrial Average leading the rally higher. It finished up 2.30% on the week, but fell just short of a new all-time high. The S&amp;P 500 and Nasdaq hit new all-time highs, and finished up 1.72% and 1.62%, respectively. We're starting to see greed creep back into the tape, and I'm not ruling out a blowoff top at this point. Still, any dips that follow through should be bought, especially on the crypto side of the market. Stimulus is coming, as the only way out of this fiscal mess is to grow our way out of it. We have an abbreviated report this week due to the holiday. Take some time to rest! It's very important especially in these markets.
<h2 class="wp-block-heading">Stocks I Like</h2>
<h3 class="wp-block-heading">Life360 (Ticker: LIF) – 31% Return Potential</h3>
<figure class="wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex"> 
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="624" height="303" data-id="973731" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/06093435/Picture1.png" alt="" class="wp-image-973731" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/06093435/Picture1.png 624w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/06093435/Picture1-300x146.png 300w" sizes="(max-width: 624px) 100vw, 624px" /></figure> 
</figure>
<h4 class="wp-block-heading">What's Happening</h4>
<ul class="wp-block-list">
<li>Life360, Inc. (LIF) is a technology-driven company focused on providing family safety and location-sharing services, leveraging data and digital platforms to enhance user experiences and deliver innovative solutions for family connectivity and protection.</li>
<li>The company has been steadily profitable over the past year, although there was a dip in earnings in the most recent quarter. Still, they reported revenue of $103.62 million and earnings of $5.37 million.</li>
<li>This valuation on LIF is sky-high. P/E is at 501.69, Price-to-Sales is at 12.46, and EV to EBITDA is at 427.88.</li>
<li>At a technical level, LIF is coiling within a bull flag formation. This is a very bullish setup that can lead to another leg higher in prices.</li>
</ul>
<h4 class="wp-block-heading">Why It's Happening</h4>
<ul class="wp-block-list">
<li>The integration of "Tile" trackers and the rollout of new features in adjacent categories such as family financial tools, elderly care, and auto insurance are enhancing Life360's platform value. These innovations not only increase user engagement but also open up new monetization avenues, diversifying revenue streams and reducing reliance on any single segment.</li>
<li>Life360's international penetration is accelerating, with MAUs outside the US growing 46% year-over-year in 2024. Regional penetration rates remain well below domestic levels—10% in the UK, 11% in Australia, and just 14% in the US—leaving ample headroom for further expansion.</li>
<li>Other revenue streams, including advertising and partnerships, grew 41% to $36 million in 2024. With a massive and engaged user base, Life360 is well-positioned to capitalize on targeted advertising and strategic partnerships. Analysts expect advertising revenue to continue growing significantly, providing a powerful incremental tailwind that could surprise to the upside and drive further stock gains.</li>
<li>​​Life360's MAUs reached approximately 83.7 million in Q1 2025, reflecting a 30% year-over-year increase. This rapid expansion is especially impressive given the company's already substantial user base, suggesting that Life360's brand and platform are resonating deeply with families worldwide. </li>
<li>Life360 delivered a blowout first quarter in 2025, with total revenue surging 32% year-over-year to $103.6 million, marking its strongest Q1 ever. This performance was fueled by record highs in Monthly Active Users (MAUs), paying subscribers, and net additions, demonstrating that the company's platform is experiencing accelerating adoption even as consumer spending remains cautious.</li>
<li>Subscription revenue soared to $277.8 million for full-year 2024, up 26% year-over-year, and continued to accelerate into Q1 2025.</li>
<li>Analyst Ratings:</li>
<li>UBS: Buy</li>
<li>JMP Securities: Market Outperform</li>
<li>UBS: Buy</li>
</ul>
<h4 class="wp-block-heading">My Action Plan (31% Return Potential)</h4>
<ul class="wp-block-list">
<li>I am bullish on LIF above $55.00-$56.00. My upside target is $85.00-$87.00.</li>
</ul>
<h3 class="wp-block-heading">UP Fintech (Ticker: TIGR) – 54% Return Potential</h3>
<figure class="wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-2 is-layout-flex wp-block-gallery-is-layout-flex"> 
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="624" height="303" data-id="973732" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/06093458/Picture2.png" alt="" class="wp-image-973732" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/06093458/Picture2.png 624w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/06093458/Picture2-300x146.png 300w" sizes="(max-width: 624px) 100vw, 624px" /></figure> 
</figure>
<h4 class="wp-block-heading">What's Happening</h4>
<ul class="wp-block-list">
<li>UP Fintech Holding Limited (TIGR) is a technology-driven online brokerage company focused on providing innovative, accessible, and user-friendly trading platforms, leveraging data and digital solutions to enhance investor experiences and streamline financial services.</li>
<li>Revenue is trending in the right direction for TIGR, but there are still earnings problems. The latest report showed revenue of $121.27 million, but no earnings to report.</li>
<li>Valuation in TIGR is decent. P/E is at 21.44, Price-to-Sales is at 3.86, and EV to EBITDA is at 7.46.</li>
<li>From a charting standpoint, TIGR is coiling tightly within a triangle formation. If it clears resistance, look for a big breakout higher.</li>
</ul>
<h4 class="wp-block-heading">Why It's Happening</h4>
<ul class="wp-block-list">
<li>​​​​​​​​​​​​​​​​​​​​​​​​The company added 60,900 new funded accounts in Q2 2025, a 111.2% year-over-year increase. This rapid expansion in active users is a clear sign of UP Fintech's growing brand appeal and successful marketing strategies. Higher user growth translates to more trading activity, greater cross-selling opportunities, and a broader foundation for future revenue.</li>
</ul>
<ul class="wp-block-list">
<li>Both institutional and retail clients contributed positively to net asset inflows in Q2, demonstrating UP Fintech's broad market appeal and diversified client base<a href="https://in.investing.com/news/transcripts/earnings-call-transcript-tigerlogic-q2-2025-revenue-surges-55-93CH-4855472">1</a>. A balanced mix of client types enhances revenue stability and reduces dependence on any single segment, making the company more resilient to market fluctuations.</li>
<li>UP Fintech boasts a gross profit margin of 83.8%, underscoring its ability to scale efficiently and maintain strong pricing power. High margins are a hallmark of sustainable business models in fintech, providing ample room for reinvestment in technology and user acquisition while supporting future profitability.</li>
<li>UP Fintech reported that client assets reached a new record high in Q2, increasing by double digits compared to the previous quarter. Sustained net asset inflows indicate growing trust from both retail and institutional clients, which not only boosts recurring revenue but also enhances the company's valuation through a larger, more engaged user base.</li>
<li>UP Fintech delivered total revenue of $122.6 million in Q1 2025, representing a massive 55.3% increase compared to the same period last year.</li>
<li>The company's net profit surged by an impressive 146.7% in Q1 2025, fueled by heightened trading activity and increased commission income.</li>
<li>Analyst Ratings:
<ul>
<li>Daiwa Capital: Hold</li>
</ul>
<ul class="wp-block-list">
<li>Citigroup: Sell</li>
</ul>
</li>
</ul>
<h4 class="wp-block-heading">My Action Plan (54% Return Potential)</h4>
<ul class="wp-block-list">
<li>I am bullish on TIGR above $8.25-$8.50. My upside target is $14.50-$15.00.</li>
</ul>
<h2 class="wp-block-heading">Market-Moving Catalysts for the Week Ahead</h2>
<h3 class="wp-block-heading">What's the Story on Jobs?</h3>
It seems to be a recurring theme over the past several months where the ADP and BLS employment reports show completely different narratives. This happened again last week where the ADP report showed a weakening labor market, but BLS showed a resilient one.
So, what's the real story? All I know is I'm seeing more reports of companies laying off workers and hearing stories about people finding it more difficult to find work. Part of it has to do with artificial intelligence, but part of it is also cost-saving measures from companies.
We've been looking at September for the next rate cut. I would forget about a rate cut in July at this point. Between the new budget bill and rate cuts on the horizon, it looks like this market is about to get pumped to another level.
<h3 class="wp-block-heading">A Lull in the Headlines?</h3>
We have FOMC minutes this week, but don't let the absence of other data releases fool you. I'm looking right at the July 9 tariff deadline, which could potentially be a source for the market's next round of volatility.
Some deals have been struck although there appears to be some lingering issues with Japan and the European Union especially. At the end of the day, any exporting nation wants and basically needs to sell to the U.S. market.
And don't even get me started on the delusional idea that tariffs are inflationary. Nobody believes taxes are inflationary, and tariffs are a tax. You can agree or disagree with the idea of tariffs, but never let political biases creep into your portfolio. It's job is to make money, not be right.
<h2 class="wp-block-heading">Sector &amp; Industry Strength</h2>
<figure class="wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-3 is-layout-flex wp-block-gallery-is-layout-flex"> 
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="624" height="303" data-id="973733" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/06093522/Picture3.png" alt="" class="wp-image-973733" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/06093522/Picture3.png 624w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/06093522/Picture3-300x146.png 300w" sizes="(max-width: 624px) 100vw, 624px" /></figure> 
</figure>
Overall, the state of the stock market's sectors continues to point to bullish momentum and more upside. All of the right sectors continue to lead, and save for consumer discretionary (XLY), all of the right sectors continue to lag year-to-date.
Eight of the eleven S&amp;P sectors are solidly in positive territory year-to-date. Industrials (XLI) are still on top of the throne, but we saw quite a rebound from the communications (XLC) sector in recent sessions.
Utilities (XLU) and consumer staples (XLP) are right in the middle of the pack, which is another boon for bulls. If either of these sectors, or even healthcare (XLV) starts to climb in the next week or two, we can start preparing for a market pullback. Until then, ride the wave.
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>1 week</td>
<td>3 Weeks</td>
<td>13 Weeks</td>
<td>26 Weeks</td>
</tr>
<tr>
<td>Basic Materials</td>
<td>Technology</td>
<td>Technology</td>
<td>Industrials</td>
</tr>
</tbody>
</table>
</figure>
Editor's Note: This tape's all about growth – for now.
<h3 class="wp-block-heading">Comparing Leaders (Sector ETF: XLI/XLK)&nbsp;</h3>
I want to stack the two most important sectors of the moment this week to see where the money is flowing. Industrials (XLI) have been the leader year-to-date, but technology (XLK) has been the leader since the April 7 bottom.
This is reflected in the ratio chart between XLI and XLK, as it topped out in April and has been trending lower ever since. The big question now is whether we see a wedge formation or a channel, as these two scenarios suggest two very different outcomes.
If this is a channel, I expect XLK to keep outperforming XLI, but if this is a wedge, then we'll see XLK slow down and XLI reassume leadership. For the overall market, XLK leading is more bullish.
<figure class="wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-4 is-layout-flex wp-block-gallery-is-layout-flex"> 
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="624" height="303" data-id="973737" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/06094010/Picture6.png" alt="" class="wp-image-973737" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/06094010/Picture6.png 624w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/06094010/Picture6-300x146.png 300w" sizes="(max-width: 624px) 100vw, 624px" /></figure> 
</figure>
<h3 class="wp-block-heading">Junk Bonds Leading (Sector ETF: HYG/IEI)&nbsp;</h3>
You know what they say – credit leads – and when we see leadership from junk bonds (HYG), it's hardly a bearish signal, especially when it comes to its performance against 3-7 Year Treasuries (IEI).
Note how credit spreads blew out during the correction into the April 7 low. If anything, that was the event of the year, and the likelihood of that happening again in the next 6 months is not very high.
With respect to the longer-term trend, it was a higher-low, but it did take out the low from summer 2024. So, at this point, it's new all-time highs or bust for this ratio. If we're going to be bullish, we don't want to see this ratio turn sharply lower.
<figure class="wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-5 is-layout-flex wp-block-gallery-is-layout-flex"> 
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="624" height="303" data-id="973735" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/06093804/Picture4-1.png" alt="" class="wp-image-973735" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/06093804/Picture4-1.png 624w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/06093804/Picture4-1-300x146.png 300w" sizes="(max-width: 624px) 100vw, 624px" /></figure> 
</figure>
<h3 class="wp-block-heading">My Take:</h3>
Junk bonds trade like stocks more than bonds, hence their "junk" status. But when it's leading, it suggests a calm sailing environment. Bull markets climb a wall of worry, and the press does a great job at keeping people worried as all the signals point to higher prices ahead.
Junk bonds give us an idea on the state of liquidity. When market conditions worsen, people seek safety in Treasuries and higher-quality names. Obviously, junk bonds do not fall into that category of quality.
<h3 class="wp-block-heading"><a></a><a></a>Cryptocurrency&nbsp;</h3>
<figure class="wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-6 is-layout-flex wp-block-gallery-is-layout-flex"> 
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="624" height="303" data-id="973736" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/06093811/Picture5.png" alt="" class="wp-image-973736" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/06093811/Picture5.png 624w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/06093811/Picture5-300x146.png 300w" sizes="(max-width: 624px) 100vw, 624px" /></figure> 
</figure>
Don't be surprised if we finally see a liftoff in the price of Bitcoin in the coming days. It continues to consolidate above the critical $100,000-$105,00 support level that acted as major resistance throughout early 2025. Above this key technical level, bulls are in control of this market.
The duration of this wedge formation lends itself to the idea of a massive move coming. the very least, we're looking for it to go above 130,000-135,000, but I want to see a new all-time high in the coming days first.
It's still in an uptrend, but has spent the past several weeks consolidating near the highs, which as a rule, is bullish price action. There's no need to complicate things here, although I am starting to look at some other coins for even more upside. Stay tuned.
Legal Disclosures:
This communication is provided for information purposes only.&nbsp;
This communication has been prepared based upon information, including market prices, data and other information, from sources believed to be reliable, but Benzinga does not warrant its completeness or accuracy except with respect to any disclosures relative to Benzinga and/or its affiliates and an analyst&#8217;s involvement with any company (or security, other financial product or other asset class) that may be the subject of this communication. Any opinions and estimates constitute our judgment as of the date of this material and are subject to change without notice. Past performance is not indicative of future results. This communication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Benzinga does not provide individually tailored investment advice. Any opinions and recommendations herein do not take into account individual client circumstances, objectives, or needs and are not intended as recommendations of particular securities, financial instruments or strategies to particular clients. You must make your own independent decisions regarding any securities, financial instruments or strategies mentioned or related to the information herein. Periodic updates may be provided on companies, issuers or industries based on specific developments or announcements, market conditions or any other publicly available information. However, Benzinga may be restricted from updating information contained in this communication for regulatory or other reasons. Clients should contact analysts and execute transactions through a Benzinga subsidiary or affiliate in their home jurisdiction unless governing law permits otherwise.
This communication may not be redistributed or retransmitted, in whole or in part, or in any form or manner, without the express written consent of Benzinga. Any unauthorized use or disclosure is prohibited. Receipt and review of this information constitutes your agreement not to redistribute or retransmit the contents and information contained in this communication without first obtaining express permission from an authorized officer of Benzinga. Copyright 2022 Benzinga. All rights reserved.

Opinion

TIGR

The Insider Report: Is There Anything More Patriotic than New All-Time Highs?

The past week has been a rollercoaster ride in the world of business and tech. From Elon Musk&#8217;s ongoing feud with President Donald Trump to Tesla&#8217;s declining sales in Canada, there&#8217;s been no shortage of drama. Amidst all this, Boeing&#8217;s 737 had a midair scare and Tesla confirmed the introduction of new affordable models. Let&#8217;s dive into the details.
China Supports Musk Amid Trump Feud
Elon Musk, CEO of&nbsp;Tesla Inc., has found an unexpected ally in Chinese social media users amidst his ongoing feud with U.S. President Donald Trump. The hashtag #MuskWantsToBuildAnAmericaParty has gone viral on Weibo, China&#8217;s equivalent of Twitter.
<a href="https://www.benzinga.com/news/politics/25/07/46216023/after-trump-warns-elon-musk-to-close-up-shop-china-rallies-behind-worlds-richest-man-theres-no-need">Read the full article here.</a>
Tesla&#8217;s Sales Drop In Canada
Tesla researcher Troy Teslike has highlighted a significant drop in Tesla&#8217;s sales in Canada, predicting GAAP losses for the company starting in Q1 2026. The decline is largely attributed to political controversy.
<a href="https://www.benzinga.com/markets/tech/25/06/46162850/tesla-sales-in-canada-have-dropped-to-nearly-zero-says-researcher-expects-elon-musk-led-ev-giant-may-report-losses-starting-2026">Read the full article here.</a>
See Also:<a href="https://www.benzinga.com/markets/large-cap/25/06/46161226/gary-black-warns-tesla-q2-deliveries-will-disappoint-says-cheaper-models-could-cannibalize-sales-and-see-ideal-re-entry-22-below-current-levels" target="_blank" rel="noreferrer noopener">&nbsp;Gary Black Warns Tesla Q2 Deliveries Will ‘Disappoint' — Says Cheaper Models Could Cannibalize Sales</a>
Boeing 737&#8217;s Midair Scare
A&nbsp;Boeing Co.&nbsp;737-800, operated by Japan Airlines Co., made an emergency landing after a pressurization system failure forced a rapid descent from 32,800 feet. All 191 passengers and crew survived without injuries.
<a href="https://www.benzinga.com/markets/equities/25/07/46214283/boeing-737s-violent-26000-foot-plunge-left-passengers-legs-shaking-as-japan-airlines-flight-make">Read the full article here.</a>
Tesla To Introduce Affordable Models
Amid declining sales, Tesla has confirmed that it will introduce more affordable models to its lineup. &#8220;The accessibility of our products is fundamental to our mission,&#8221; the company stated in its 2024 impact report.
<a href="https://www.benzinga.com/markets/tech/25/07/46212911/amid-declining-sales-elon-musks-tesla-confirms-new-affordable-models-will-be-introduced-this-year">Read the full article here.</a>
BYD Launches Long-Range Trim Of Seagull EV
BYD Co. Ltd., a rival to Tesla, has unveiled a new, longer-range trim of its best-selling car, the Seagull EV, in China. The long-range trim is priced at $11,000 and offers 252 miles of CLTC range on a single charge.
<a href="https://www.benzinga.com/markets/tech/25/07/46187880/tesla-rival-byd-launches-11000-long-range-trim-of-its-best-selling-seagull-ev-as-price-war-heats-up">Read the full article here.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://benzinga.com/markets/tech/25/07/46258669/tesla-made-2-76-billion-from-zev-credits-in-2024-in-us-but-trumps-tax-bill-just-killed-this-revenue-" target="_blank" rel="noreferrer noopener">Tesla Made $2.76 Billion From ZEV Credits In 2024 In US But Trump&#8217;s Tax Bill Just Killed This Revenue Stream</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>
Photo courtesy: VTT Studio / Shutterstock.com

Elon Musk's Tesla Troubles, Boeing's Midair Scare And More: This Week In Mobility

Rolling over a $1 million 401(k) to a financial advisor might seem like a smart move — but according to personal finance expert Suze Orman, there are some serious trade-offs to consider first.&nbsp;
In a <a href="https://omny.fm/shows/suze-ormans-women-and-money/ask-kt-suze-anything-throwing-money-at-a-problem-does-not-always-solve-it">recent episode</a> of the "Women &amp; Money" podcast, Orman shared her thoughts on a listener's situation and pointed out why early retirees should think twice before making the switch.
<h2 class="wp-block-heading">The Listener's Dilemma</h2>
The question came from Jeff, whose husband retired early at age 57. The couple has over $1 million saved in a 401(k), split between <a href="https://www.benzinga.com/personal-finance/financial-advisors/25/06/46123097/my-retired-friends-say-im-a-fool-for-converting-my-traditional-iras-to-a-roth-suze-ormans-reply-may-surprise-you">traditional and Roth accounts</a>. Their financial advisor, who works with Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>), has suggested rolling both accounts into IRAs under his management.
Don't Miss:
<ul class="wp-block-list">
<li>Maximize saving for your retirement and cut down on taxes: <a href="https://www.benzinga.com/money/wiseradvisor-retirement-planning">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation. </a></li>
<li>Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. <a href="https://www.benzinga.com/money/this-company-may-have-found-a-way-to-treat-cancer-by-tricking-the-bodys-immune-system-and-early-studies-show-some-promise-find-out-how-you-can-invest-in-the-future-of-cancer-treatment">Back a bold new approach to cancer treatment with high-growth potential.</a></li>
</ul>
While Jeff said the advisor has been helpful with other investments, he's concerned about fees and whether moving the entire 401(k) is truly in their best interest.
<h2 class="wp-block-heading">Orman's Warning: You Could Lose Penalty-Free Access</h2>
Orman's main concern? Early access. She explained that because Jeff's husband retired at 57, he qualifies under IRS Rule 72(t), which allows penalty-free withdrawals from a 401(k) if someone leaves their job in the year they turn 55 or later. That flexibility would disappear with a rollover.
"If you roll it over to your financial adviser," Orman said, "you cannot touch that money until you are 59½ years of age."
So while taxes would still apply to withdrawals from the traditional portion, the penalty-free access could be a crucial safety net — especially in <a href="https://www.benzinga.com/personal-finance/management/25/07/46210567/this-is-just-a-necessary-spend-back-to-school-spending-holds-steady-despite-economic-uncertainties">uncertain times</a>.
Trending: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — <a href="https://www.benzinga.com/money/americans-spend-1000-per-year-on-plastic-water-bottles-kara-pod-gives-you-clean-drinking-water-by-pulling-moisture-from-the-air">And You Can Invest At Just $6.37/Share</a>
<h2 class="wp-block-heading">What About the Roth 401(k)?</h2>
Orman also raised a flag about the Roth portion. If Jeff doesn't already have a Roth IRA with the advisor, the rollover could restart the five-year waiting period before earnings can be withdrawn tax-free.
That means even Roth funds could be locked up longer than expected, depending on how the rollover is done.
<h2 class="wp-block-heading">Consider a Split Strategy</h2>
"You don't have to be an all-or-nothing investor," Orman pointed out. Instead of rolling over everything, Jeff could consider leaving part of the 401(k) — especially the traditional part — where it is. That way, early access remains available if needed.
Before moving funds, Orman suggests asking a key question: "Will the advisor earn you enough to cover the higher management fees compared to what you're already earning in the 401(k)?"
See Also: Tired of Grid Failures and Charging Deserts? This Startup Has a Solar Fix and $25M+ in Sales — <a href="https://www.benzinga.com/money/meet-the-company-seeking-to-give-americans-energy-independence-and-learn-how-you-can-become-an-early-investor">Now Raising at $3/Share</a>
<h2 class="wp-block-heading">Don&#8217;t Forget the Backdoor Roth Implication</h2>
One last consideration: If Jeff rolls funds into a <a href="https://www.benzinga.com/personal-finance/25/05/45587754/i-contributed-after-tax-amounts-to-a-pre-tax-ira-can-i-withdraw-those-contributions-to-open-a-roth-account-heres-what-suze-orman-says">traditional IRA</a>, it may limit future strategies. Specifically, it could block the ability to do a backdoor Roth IRA conversion, which can be a valuable tax strategy for high earners.
"You won't be able to do a backdoor Roth if you have an IRA," Orman cautioned. "You will be able to do it if you have a traditional 401(k)."
<h2 class="wp-block-heading">Bottom Line</h2>
Rolling over a 401(k) isn't just about investment performance — it's also about access, taxes, and flexibility. Before making the move, it's worth weighing all your options and understanding what might be lost in the process.
As Orman reminds listeners often: When it comes to your money, "You need to know everything you need to know."
Read Next: <a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a>
Image: Shutterstock

Personal Finance

Should They Roll Over A $1M 401(k) To Their Financial Advisor? Suze Orman Warns Against Losing Early Withdrawal Access

The past week has been a rollercoaster ride in the world of finance and cryptocurrency. The spotlight was on President Donald Trump&#8217;s &#8216;Big Beautiful Bill&#8217; and its potential implications for Bitcoin. Meanwhile, concerns about America&#8217;s debt crisis continue to mount and Robinhood&#8217;s latest move in blockchain technology has stirred up the market.
Here&#8217;s a quick recap of the top stories.
Bitcoin And Trump&#8217;s &#8216;Big Beautiful Bill&#8217;
President Donald Trump&#8217;s &#8216;Big Beautiful Bill&#8217; has been the talk of the town, especially its potential impact on Bitcoin. The bill, which passed through the Senate, is expected to lead to a significant fiscal expansion. Market analysts suggest that the bill&#8217;s projected impact on government spending, inflation, and the U.S. dollar could drive a shift toward Bitcoin as investors look for alternative stores of value.
<a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46227149/every-new-trillion-of-debt-in-trumps-big-beautiful-bill-is-free-adertising-for-bitcoin-expe">Read the full article here.</a>
Big Beautiful Bull Run For Bitcoin, Ethereum, XRP
Despite the absence of direct crypto measures in the &#8216;Big Beautiful Bill&#8217;, market watchers believe that the broader economic fallout could create tailwinds for Bitcoin and digital assets. Data from Santiment suggests that the bill&#8217;s passage may be bullish for cryptocurrencies.
<a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46220570/how-trumps-big-beautiful-bill-could-create-a-big-beautiful-bull-run-for-bitcoin-ethereum-xr">Read the full article here.</a>
See Also:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/07/46260174/this-bitcoin-collector-turned-500-into-over-10-million-by-selling-100-physical-bitcoin" target="_blank" rel="noreferrer noopener">This Bitcoin Collector Turned $500 Into Over $10 Million By Selling 100 &#8216;Physical&#8217; Bitcoin</a>
America&#8217;s Debt Crisis: No Fix In Sight?
Silicon Valley investor and economic commentator Balaji Srinivasan has voiced concerns about America&#8217;s looming debt crisis. He stated that the U.S. is heading towards a national bankruptcy, with the real debt exceeding $175 trillion.
<a href="https://www.benzinga.com/markets/macro-economic-events/25/07/46213919/elon-musk-is-100-correct-says-balaji-srinivasan-america-is-broke-and-there-is-no-fi">Read the full article here.</a>
Robinhood&#8217;s Blockchain Move
Macro strategist Raoul Pal has praised&nbsp;Robinhood Markets&#8217;&nbsp;decision to launch tokenized stock offerings. He described it as a move towards the &#8220;democratization of finance&#8221;, allowing users in Europe to gain exposure to U.S. private companies such as SpaceX and OpenAI.
<a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46186180/raoul-pal-says-robinhood-letting-users-trade-openai-spacex-through-blockchain-is-democratization-of-finance-end-of-public-vs-private-markets-has-begun">Read the full article here.</a>
Bitcoin, Ethereum, XRP, Dogecoin Dip: A Buying Opportunity?
The cryptocurrency markets saw modest declines following the Senate&#8217;s passage of the &#8216;Big Beautiful Bill&#8217;. The macro uncertainty combined with Bitcoin&#8217;s ongoing range-bound technical structure is keeping momentum subdued. However, some traders believe that the early July dip could present a good buying opportunity.
<a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46206003/bitcoin-ethereum-xrp-dogecoin-dip-but-early-july-dip-buys-will-age-well-trader-says">Read the full article here.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://benzinga.com/crypto/cryptocurrency/25/07/46260124/social-media-without-middlemen-wallstreetbets-founder-backs-creator-controlled-platform" target="_blank" rel="noreferrer noopener">Social Media Without Middlemen? WallStreetBets Founder Backs Creator-Controlled Platform</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>
Photo courtesy: Shutterstock

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

Cryptocurrency

Trump's 'Big Beautiful Bill' And Its Impact On Bitcoin, America's Debt Crisis And Robinhood's Blockchain Move: This Week In Crypto

President Donald Trump signed his <a href="https://www.benzinga.com/news/politics/25/07/46240478/trumps-big-beautiful-bill-advances-as-house-gop-squeezes-out-219-213-win" target="_blank" rel="noreferrer noopener">sweeping tax and spending package</a> into law on Friday after it narrowly passed both houses of Congress last week.
The signing keeps his second-term agenda alive and sets the stage for big shifts in corporate taxes, consumer spending, and tech-sector investments.
Markets took the news in stride. Both the S&amp;P 500 and Nasdaq 100 climbed to fresh record highs, lifted by solid economic data and the <a href="https://www.benzinga.com/markets/market-summary/25/07/46262523/trump-fed-policy-markets-records-vietnam-trade-deal-obbba" target="_blank" rel="noreferrer noopener">promise of policy stability</a>.
For investors, the week delivered a rare mix of bullish momentum and clear direction.
Adding to the surprise, Trump unveiled a <a href="https://www.benzinga.com/news/politics/25/07/46241070/trumps-vietnam-trade-deal-with-40-tax-on-transshipments-may-result-in-chinese-backlash-say-economists-they-want-inflation" target="_blank" rel="noreferrer noopener">new trade deal with Vietnam</a>. The agreement imposes steep tariffs—20% on Vietnamese imports and 40% on transshipped goods—but opens up full access for U.S. companies to Vietnam&#8217;s domestic market, a major win for American exporters, especially in consumer tech and electronics.
Technology
Nvidia Corp&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)&nbsp;CEO&nbsp;Jensen Huang stock just closed at&nbsp;$159.34&nbsp;on Thursday, less than&nbsp;3%&nbsp;shy of the historic<a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46261478/nvidias-4t-countdown-will-next-weeks-chart-print-a-trillion-dollar-breakout" rel="noreferrer noopener">&nbsp;$4 trillion&nbsp;market cap milestone.</a>
If it hits&nbsp;$164, it&#8217;ll become the first chipmaker — and only the second U.S. company after&nbsp;Microsoft Corp&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) – to touch that number.
Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is rolling out a new feature with&nbsp;iOS 26&nbsp;that aims to curb spam by automatically filtering and silencing unwanted<a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46258668/apples-ios-26-will-silence-spam-texts-automatically-with-new-messages-update-that-filters-unknown-senders-into-hidden-folders" rel="noreferrer noopener"> texts in its&nbsp;</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46258668/apples-ios-26-will-silence-spam-texts-automatically-with-new-messages-update-that-filters-unknown-senders-into-hidden-folders" rel="noreferrer noopener">Messages</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46258668/apples-ios-26-will-silence-spam-texts-automatically-with-new-messages-update-that-filters-unknown-senders-into-hidden-folders" rel="noreferrer noopener">&nbsp;app.</a>
As part of the iOS 26 update, Apple is getting an enhanced spam screening tool within its Messages app
Alphabet&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google has been hit with an antitrust complaint by a group of independent publishers<a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46263522/googles-ai-overviews-features-sparks-new-antitrust-battle-with-european-publishers-report" rel="noreferrer noopener"> from the European Union.</a>
The complaint is related to Google&#8217;s AI Overviews, a feature that provides AI-generated summaries above traditional hyperlinks in search results.
Alibaba Group Holding Limited&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) announced a strategic partnership with website builder&nbsp;Wix.com Ltd.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WIX#NASDAQ">WIX</a>) to simplify global commerce for entrepreneurs and small businesses <a target="_blank" href="https://www.benzinga.com/markets/equities/25/07/46226194/whats-going-on-with-alibaba-stock-today" rel="noreferrer noopener">in more than 200 markets.</a>
Alibaba Group announced the pricing of HK$12.023 billion ($1.5 billion) in zero-coupon exchangeable bonds due 2032, marking the Chinese e-commerce giant&#8217;s latest move to fuel its artificial intelligence<a href="https://www.benzinga.com/markets/equities/25/07/46257814/alibaba-prices-1-5-billion-via-zero-coupon-bonds-to-fund-ai-cloud-push" target="_blank" rel="noreferrer noopener"> and cloud expansion strategy.</a>
President&nbsp;Donald Trump&nbsp;said the U.S. is&nbsp;poised to resume negotiations&nbsp;with China as early as Monday or Tuesday over a potential deal involving<a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46263734/trump-says-we-pretty-much-have-a-deal-as-he-reveals-us-will-resume-tiktok-deal-talks-with-china-soon" rel="noreferrer noopener"> TikTok&#8217;s U.S. operations.</a>
Artificial Intelligence (AI)
OpenAI CEO&nbsp;Sam Altman&nbsp;said AI can now perform entry-level employee tasks, while Gen Z workers increasingly view artificial intelligence as a workplace companion rather than competition, as tech leaders predict the first billion-dollar <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/45809827/sam-altman-says-ai-can-replace-interns-but-gen-z-is-already-treating-it-like-a-work-buddy" rel="noreferrer noopener">single-person company could emerge next year.</a>
Apple&nbsp;has the&nbsp;potential to outshine Meta Platforms&#8217; (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)&nbsp;Ray-Ban&nbsp;smart glasses, <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46161059/apple-has-the-potential-to-crush-metas-ray-ban-smart-glasses-says-ming-chi-kuo-but-the-tech-giant-has-been-surprisingly-slow" rel="noreferrer noopener">says analyst&nbsp;</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46161059/apple-has-the-potential-to-crush-metas-ray-ban-smart-glasses-says-ming-chi-kuo-but-the-tech-giant-has-been-surprisingly-slow" rel="noreferrer noopener">Ming-Chi Kuo</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46161059/apple-has-the-potential-to-crush-metas-ray-ban-smart-glasses-says-ming-chi-kuo-but-the-tech-giant-has-been-surprisingly-slow" rel="noreferrer noopener">.</a>
Apple&nbsp;investors are waiting for signs that the company is serious about artificial intelligence, according to&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46186723/apple-investors-have-shockingly-low-ai-expectations-says-gene-munster-siri-upgrade-rumors-alone-fueled-a-2-stock-jump" rel="noreferrer noopener">Deepwater Asset Management&#8217;s Gene Munster</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46186723/apple-investors-have-shockingly-low-ai-expectations-says-gene-munster-siri-upgrade-rumors-alone-fueled-a-2-stock-jump" rel="noreferrer noopener">.</a>
A report emerged that the tech giant is exploring using large language models from&nbsp;OpenAI&nbsp;or&nbsp;Anthropic&nbsp;to power a revamped version of&nbsp;Siri&nbsp;by spring 2026.
Automobiles &amp; Airlines
Boeing (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) secured a $2.8 billion contract from the U.S. Space Force to develop and produce strategic <a target="_blank" href="https://www.benzinga.com/markets/equities/25/07/46258103/boeing-wins-2-8-billion-us-space-force-contract-to-build-nuclear-resilient-satellites-for-strategic-communications" rel="noreferrer noopener">satellite communications systems.</a>
The contract covers Boeing&#8217;s Evolved Strategic Satellite Communications (ESS) program, which will deliver two satellites with options for two additional units.
Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) released its second-quarter<a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/07/46221375/tesla-stock-jumps-on-strong-q2-deliveries" rel="noreferrer noopener"> production and delivery results for 2025.</a>
Tesla produced 410,244 vehicles and delivered 384,122 globally. The popular Model 3/Y vehicles accounted for the vast majority of these figures, with 373,728 deliveries for the quarter. The company also noted the deployment of 9.6 GWh of its energy storage products.
Lucid Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>)&nbsp;said it produced 3,863 vehicles in the second quarter, up from 2,212 vehicles<a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/07/46235023/lucid-reports-q2-production-delivery-numbers-shares-stall" rel="noreferrer noopener"> produced in the&nbsp;first quarter.</a>
Rivian Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) produced 5,979 vehicles between April and June and delivered 10,661 units<a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/07/46224223/rivians-production-dips-for-next-gen-models-volkswagen-infusion-boosts-outlook" rel="noreferrer noopener"> from its Normal, Illinois, plant. </a>Despite a planned reduction in output to prepare for its 2026 lineup, Rivian reaffirmed its full-year delivery guidance of 40,000 to 46,000 vehicles.
NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) shipped 24,925 units in June, reflecting a 17.5% increase over the<a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46191725/nios-june-sales-surge-as-trump-casts-doubt-on-ev-future" rel="noreferrer noopener"> same month last year.</a>
Xiaomi (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACF#OTC">XIACF</a>) is exploring options to sell its vehicles overseas. CEO&nbsp;Lei Jun&nbsp;shared the company&#8217;s plans during a livestream.
Image: Shutterstock

General

BABA

GOOG

GOOGL

LCID

MSFT

RIVN

XIACF

Consumer Tech News (June 30–July 4): Trump's Tax Bill Advances, S&P Hits Record, Nvidia Nears $4 Trillion, Apple Debuts iOS 26 Spam Filter

The past week has been a rollercoaster ride for Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>). From introducing new features to its iOS 26 update to the box office success of &#8216;F1: The Movie&#8217;, Apple has been making headlines in multiple sectors. Here&#8217;s a recap of the top stories.
Apple&#8217;s iOS 26 Update to Combat Spam
Apple is set to roll out a new feature with iOS 26 that aims to curb spam by automatically filtering and silencing unwanted texts in its Messages app. This enhanced spam screening tool is expected to provide users with a more streamlined and spam-free experience.
<a href="https://www.benzinga.com/markets/tech/25/07/46258668/apples-ios-26-will-silence-spam-texts-automatically-with-new-messages-update-that-filters-unknown-senders-into-hidden-folders">Read the full article here.</a>
Low AI Expectations Boost Apple Stock
According to Gene Munster from Deepwater Asset Management, Apple&#8217;s stock bump on Monday shows just how eagerly investors are waiting for signs that the company is serious about artificial intelligence. The rumors of a Siri upgrade alone fueled a 2% stock jump.
<a href="https://www.benzinga.com/markets/tech/25/06/46186723/apple-investors-have-shockingly-low-ai-expectations-says-gene-munster-siri-upgrade-rumors-alone-fueled-a-2-stock-jump">Read the full article here.</a>
See Also:&nbsp;<a href="https://benzinga.com/markets/tech/25/07/46263690/melinda-french-gates-tried-to-hold-it-together-for-the-family-and-foundation-but-indicates-bill-gate" target="_blank" rel="noreferrer noopener">Melinda French Gates Tried To Hold It Together For The Family And Foundation—But Indicates Bill Gates&#8217;s Infidelity Left Her No Choice</a>
&#8216;F1: The Movie&#8217; Surpasses Expectations
Apple&#8217;s Brad Pitt-starrer ‘F1: The Movie' has been a box office success, surpassing expectations and adding another feather to Apple&#8217;s cap in the entertainment sector.
<a href="https://www.benzinga.com/markets/tech/25/06/46159050/apples-f1-surpasses-expectations-chamath-palihapitiyas-criticism-ai-for-chip-design-and-perplexity-acquisition-in-consideration-this-week-in-appleverse">Read the full article here.</a>
Apple Stock Eyes Rebound
Despite being down 15% year-to-date, Apple&#8217;s stock is eyeing a rebound. A mix of seasonal strength, rising App Store revenue, and improving sentiment could set up the stock for a rare comeback.
<a href="https://www.benzinga.com/markets/tech/25/07/46260998/apple-store-stock-performance-july-analysis">Read the full article here.</a>
iPhone Sales Bounce Back in China
Apple&#8217;s iPhone sales are set for a significant rebound in China in the second quarter of 2025, with both Huawei Technologies and Apple leading the charge in year-on-year growth. However, the pressure from Huawei and Xiaomi continues to intensify.
<a href="https://www.benzinga.com/markets/tech/25/07/46246152/iphone-sales-bounce-back-in-china-but-huawei-and-xiaomi-intensify-pressure">Read the full article here.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://benzinga.com/markets/tech/25/07/46259534/elon-musks-xai-hires-trump-aide-stephen-millers-wife-katie-amid-controversial-memphis-data-center-pe" target="_blank" rel="noreferrer noopener">Elon Musk&#8217;s xAI Hires Trump Aide Stephen Miller&#8217;s Wife Katie Amid Controversial Memphis Data Center Permit Win</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>
Photo courtesy: jamesteohart / Shutterstock.com

iOS 26 Spam Filter, AI Expectations, F1 Success And More: This Week In Appleverse

The past week has been a rollercoaster ride for the U.S. economy. From a rare warning sign in the labor market to a surprising jobs report, the week was filled with unexpected turns. The gold market saw a potential rise, while the Federal Reserve faced criticism from President Donald Trump. Amidst all this, the middle class&#8217;s struggles were highlighted by a renowned economist.
Here&#8217;s a recap of the top stories.
Labor Market Sends Warning Signal
The U.S. labor market is showing a concerning sign as private sector payrolls fell in June for the first time in over two years. This has raised concerns about the economy&#8217;s health and increased speculation about Federal Reserve interest rate cuts. Private employers cut 33,000 jobs last month, according to the ADP National Employment Report.
<a href="https://www.benzinga.com/markets/economic-data/25/07/46218795/labor-market-payrolls-june-interest-rates">Read the full article here.</a>
JPMorgan&#8217;s Bet on Gold
Despite U.S. stocks trading at all-time highs, JPMorgan&#8216;s mid-year outlook suggests a potential storm brewing that could see gold soar, the dollar weaken, and markets reset in the second half of 2025. The investment bank forecasts the S&amp;P 500 to finish the year at 6,000, implying a modest 3.5% pullback from current levels.
<a href="https://www.benzinga.com/markets/commodities/25/07/46233083/something-big-is-brewing-in-gold-stocks-and-the-dollar-jpmorgans-half-year-2025-outlook">Read the full article here.</a>
See Also:&nbsp;<a href="https://www.benzinga.com/markets/tech/25/06/46161059/apple-has-the-potential-to-crush-metas-ray-ban-smart-glasses-says-ming-chi-kuo-but-the-tech-giant-has-been-surprisingly-slow" target="_blank" rel="noreferrer noopener">Apple Has the Potential To Crush Meta's Ray-Ban Smart Glasses, Says Ming-Chi Kuo, But The Tech Giant Has Been ‘Surprisingly Slow'</a>
Trump&#8217;s Attack On Fed Chair
President Donald Trump escalated his criticism of Federal Reserve Chair Jerome Powell, accusing him of keeping interest rates "artificially high" and insisting the benchmark should drop to &#8220;1% or 2%". Trump claimed Powell&#8217;s policies force the government to refinance roughly $9 trillion in debt at punitive costs.
<a href="https://www.benzinga.com/news/politics/25/06/46165110/donald-trump-calls-fed-chair-jerome-powell-a-bad-person-who-keeps-rates-artificially-high-says-benc">Read the full article here.</a>
US Middle Class Struggles
Economist Richard Baldwin argued that America&#8217;s middle-class struggles have less to do with globalization and more to do with a chronic failure to provide adequate social policy. Baldwin believes that unlike other advanced economies, the U.S. hasn&#8217;t implemented the policies needed to cushion economic shocks.
<a href="https://www.benzinga.com/news/politics/25/07/46214509/america-has-no-will-to-help-its-middle-class-says-economist-richard-baldwin-so-politicians-find-a-c">Read the full article here.</a>
Surprising June Jobs Report
The official U.S. jobs report for June delivered a surprisingly sharp turnaround from the gloom triggered by ADP private payroll data just 24 hours earlier. Nonfarm payrolls increased by 147,000 in June, the strongest reading so far in 2025, up from an upwardly revised 144,000 in May and well above economists' expectations.
<a href="https://www.benzinga.com/markets/economic-data/25/07/46244105/june-jobs-report-nonfarm-payroll-adp-data">Read the full article here.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45489038/us-stocks-likely-to-open-lower-after-moodys-downgrade-bear-market-isnt-fully-recovered-yet-but-it-is-close-says-expert" target="_blank" rel="noreferrer noopener">US Stocks Likely To Open Lower After Moody's Downgrade: ‘Bear Market Isn't Fully Recovered Yet, But It Is Close,' Says Expert</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>
Photo: Miha Creative via Shutterstock

Economics

Labor Market Woes, Gold's Rise, Trump's Fed Attack, Middle-Class Struggles And A Surprising Jobs Report: This Week In Economy

The past week has been a whirlwind of political activity, with President Donald Trump making headlines on multiple fronts. From signing a controversial tax and spending bill to announcing tariff hikes, the President has been at the center of several major stories. Here&#8217;s a quick round-up of the top five stories that dominated the weekend.
Trump Signs Tax and Spending Bill 
President Donald Trump signed a sweeping tax and spending bill into law on Friday, a move that the Congressional Budget Office projects will significantly increase the federal deficit and leave millions uninsured. The bill was signed amidst a July 4 picnic at the White House, with Trump declaring it a historic win.
<a href="https://www.benzinga.com/news/politics/25/07/46263434/trump-signs-sweeping-tax-and-spending-bill-that-cbo-says-will-add-3-3-trillion-to-us-deficit-cut-health-coverage-for-11-8-million-americans">Read the full article here.</a>
US to Raise Tariffs 
President Trump announced that his administration will begin informing trading partners about new tariffs on their exports starting this Friday. The tariffs are scheduled to take effect on August 1, with new tariff levels ranging from 10% to 70%. This move is part of Trump's strategy to favor straightforward agreements over complex negotiations.
<a href="https://www.benzinga.com/news/politics/25/07/46263399/trump-says-us-will-raise-tariffs-to-up-to-70-as-july-9-deadline-looms">Read the full article here.</a>
See Also:&nbsp;<a href="https://benzinga.com/news/politics/25/07/46263399/trump-says-us-will-raise-tariffs-to-up-to-70-as-july-9-deadline-looms" target="_blank" rel="noreferrer noopener">Trump Says US Will Raise Tariffs To Up To 70% As July 9 Deadline Looms</a>
Gavin Newsom&#8217;s South Carolina Tour 
California Governor Gavin Newsom is set to embark on a South Carolina tour next week, sparking rumors about his potential presidential run in 2028. The tour, named "On the Road With Governor Gavin Newsom", aims at "building partnerships, uplifting communities, and showing rural voters they aren&#8217;t forgotten."
<a href="https://www.benzinga.com/news/politics/25/07/46256467/gavin-newsom-is-going-to-south-carolina-next-week-to-remind-rural-voters-there-they-arent-forgotten-presidential-run-in-2028-on-the-cards">Read the full article here.</a>
Obama&#8217;s Warning on Health Care
Former President Barack Obama warned that more than 16 million Americans risk losing their health coverage as House Republicans struggle to advance President Donald Trump‘s sweeping tax and spending package that includes significant cuts to Medicaid funding. Obama urged Americans to "call your representative today and tell them to vote no on this bill."
<a href="https://www.benzinga.com/news/25/07/46240012/obama-warns-16-million-americans-could-lose-health-care-as-gop-pushes-trumps-big-beautiful-bill-with-deep-medicaid-cuts">Read the full article here.</a>
Trump Calls for Jerome Powell&#8217;s Resignation
President Donald Trump has publicly demanded the resignation of Federal Reserve Chair Jerome Powell, following accusations from the Federal Housing Finance Agency Director that Powell provided misleading testimony. Trump voiced his demand for Powell's resignation on Wednesday via a post on Truth Social.
<a href="https://www.benzinga.com/news/politics/25/07/46237506/trump-says-jerome-powell-should-resign-immediately-after-fhfa-director-alleges-fed-chair-lied-about-2-5-billion-renovation-plan">Read the full article here.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://benzinga.com/news/politics/25/07/46239985/peter-schiff-warns-americans-will-suffer-and-vietnamese-will-enjoy-after-trumps-trade-deal-with-han" target="_blank" rel="noreferrer noopener">Peter Schiff Warns &#8216;Americans Will Suffer&#8217; And &#8216;Vietnamese Will Enjoy&#8217; After Trump&#8217;s Trade Deal With Hanoi</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>
Photo courtesy: Maxim Elramsisy / Shutterstock.com

Trump's Sweeping Tax Bill, Tariff Hikes, Gavin Newsom's Tour And More: This Week In Politics

Serena Williams, a 23-time Grand Slam singles champion and four-time Olympic gold medalist, has been <a href="https://www.reckitt.com/us/newsroom/latest-news/news/2025/june/reckitt-unveils-catalyst-with-serena-williams-as-entrepreneur-in-residence/">appointed</a> entrepreneur-in-residence at Reckitt, the British consumer health company behind brands such as Lysol, Durex, and Enfamil.
According to the company, Williams will support the company's newly launched global initiative, Reckitt Catalyst, a £10 million ($13.7 million) commitment to scale up to 200 startups founded by women and underrepresented entrepreneurs by 2030. The initiative aims to expand access to health and hygiene solutions for 5 million people across Africa, Asia, and Latin America.
Don't Miss:
<ul class="wp-block-list">
<li>Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. <a href="https://www.benzinga.com/money/this-company-may-have-found-a-way-to-treat-cancer-by-tricking-the-bodys-immune-system-and-early-studies-show-some-promise-find-out-how-you-can-invest-in-the-future-of-cancer-treatment">Back a bold new approach to cancer treatment with high-growth potential.</a></li>
<li>GoSun's Breakthrough Rooftop EV Charger Already Has 2,000+ Units Reserved — <a href="https://www.benzinga.com/money/meet-the-company-seeking-to-give-americans-energy-independence-and-learn-how-you-can-become-an-early-investor">Become an Investor in This $41.3M Clean Energy Brand Today</a></li>
</ul>
<h2 class="wp-block-heading">A Strategic Move Into Underserved Markets</h2>
Williams told <a href="https://fortune.com/2025/06/26/serena-williams-reckitt-startups-founders-health/">Fortune</a> her work with Reckitt is aligned with her long-standing investment thesis: that underrepresented founders and overlooked markets offer untapped business potential. "When you invest in women, when you invest in overlooked markets, the returns are there," she said.
Through Reckitt Catalyst, Williams will provide mentorship and facilitate network access to help founders grow their businesses. According to Reckitt, the initiative builds on the company's existing social impact efforts, which have supported 60 entrepreneurs in 13 countries since 2020.
<h2 class="wp-block-heading">Track Record In Venture Capital</h2>
Williams launched Serena Ventures in 2014 and has since built a portfolio that includes more than 14 unicorns. According to Fortune, the firm focuses on early-stage investments across sectors such as healthcare, consumer technology, and fintech. Williams said she had backed six unicorns before formally raising her inaugural $111 million fund.
Trending: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — <a href="https://www.benzinga.com/money/americans-spend-1000-per-year-on-plastic-water-bottles-kara-pod-gives-you-clean-drinking-water-by-pulling-moisture-from-the-air">And You Can Invest At Just $6.37/Share</a>
At the time she entered the venture capital space, only 5% of VCs were Black, with even fewer Black women represented, Fortune reported.
<h2 class="wp-block-heading">Addressing Systemic Gaps In Funding</h2>
Data cited by Reckitt shows that women-led startups deliver 35% better returns and create six times more jobs than male-led firms, yet they receive only 2% of global venture capital. The Reckitt Catalyst initiative is designed to address that gap by offering capital, mentorship, and expert guidance to women and minority founders in the health and hygiene sectors.
Williams said sectors like hygiene are frequently overlooked in Silicon Valley. "It's not flashy. But it's foundational, especially for women, mothers, and children," she told Fortune.
<h2 class="wp-block-heading">Expanding Access Through Mentorship</h2>
In her new role, Williams will mentor Catalyst entrepreneurs and connect them with her network of business partners and investors. "Venture is about relationships," she said. "A 30-minute conversation can unlock new partnerships or investment opportunities."
See Also: Maximize saving for your retirement and cut down on taxes: <a href="https://www.benzinga.com/money/wiseradvisor-retirement-planning">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation.&nbsp;</a>
Williams has already begun linking Catalyst participants with startups from her Serena Ventures portfolio, according to Fortune.
"At the end of the day, venture is about relationships," Williams said. "A 30-minute conversation can unlock new partnerships or investment opportunities. I want to offer that access to founders who aren't part of the usual power circles."
<h2 class="wp-block-heading">Global Call For Applications</h2>
Reckitt has opened applications for Catalyst. According to the company, the program will partner with Yunus Social Innovation, Acumen America, and the Health Innovation Exchange to identify entrepreneurs across more than 15 countries.
"Some of the world's most pressing healthcare challenges can be solved by bold, innovative ideas—if they are given the right support to thrive and scale," Williams told Fortune. "This includes mentorship, funding, and unwavering belief."
Read Next: <a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a>
Image: Shutterstock

Serena Williams To VCs: 'When You Invest in Women—The Returns Are There'

"We've got to get our act together," JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) CEO Jamie Dimon <a href="https://www.youtube.com/watch?v=EpgB5PBWzHw">said </a>in late May, warning that poor governance, not China, could erode U.S. leadership.&nbsp;
Speaking at the Reagan National Economic Forum in Simi Valley, California, Dimon pointed to crumbling bridges, grid bottlenecks, and a $36.2 trillion federal debt to shrinking national prestige. He also warned that the dollar's reserve-currency crown could slip if Washington fails to correct course.
Don't Miss:
<ul class="wp-block-list">
<li>Maximize saving for your retirement and cut down on taxes: <a href="https://www.benzinga.com/money/wiseradvisor-retirement-planning">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation. </a></li>
<li>Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. <a href="https://www.benzinga.com/money/this-company-may-have-found-a-way-to-treat-cancer-by-tricking-the-bodys-immune-system-and-early-studies-show-some-promise-find-out-how-you-can-invest-in-the-future-of-cancer-treatment">Back a bold new approach to cancer treatment with high-growth potential.</a></li>
</ul>
<h2 class="wp-block-heading">Enemy Within Tops China</h2>
Dimon said the real opponent of the U.S. is "the enemy within," pointing to stalled infrastructure, ballooning city pensions, and multiyear permit delays. Pointing to California's high‑speed rail project, he argued that domestic inefficiencies—like cost overruns and bureaucratic delays—undermine U.S. competitiveness more severely than any foreign adversary.
"America First is fine, as long as it doesn't end up being America alone," Dimon wrote in his April <a href="https://www.jpmorganchase.com/content/dam/jpmc/jpmorgan-chase-and-co/investor-relations/documents/ceo-letter-to-shareholders-2024.pdf">shareholder letter</a>, stressing that the U.S. cannot lead globally if it is paralyzed domestically. In the letter, Dimon urged Congress to streamline permits, upgrade the grid, and restore bipartisan discipline.
<h2 class="wp-block-heading">Debt Pressure Alarms The Fed</h2>
Treasury data show federal obligations hover near $36.2 trillion, adding interest costs every time rates tick higher.&nbsp;
Trending: GoSun's Breakthrough Rooftop EV Charger Already Has 2,000+ Units Reserved — <a href="https://www.benzinga.com/money/meet-the-company-seeking-to-give-americans-energy-independence-and-learn-how-you-can-become-an-early-investor">Become an Investor in This $41.3M Clean Energy Brand Today</a>
Federal Reserve Chair Jerome Powell <a href="https://www.federalreserve.gov/mediacenter/files/fomcpresconf20250507.pdf">said</a> during the press conference immediately following the Fed's interest rate decision last month that the debt path is "unsustainable," urging lawmakers to craft solutions before markets do it for them. He warned that growing debt and rising interest costs can crowd out private investment and reduce economic productivity, limiting the government&#8217;s ability to respond to future downturns.
<h2 class="wp-block-heading">Big Bill Adds Fiscal Fuel</h2>
Dimon's warning lands as Congress debates the "Big Beautiful Bill," a combination of tax cut and spending package. The Congressional Budget Office<a href="https://www.cbo.gov/publication/61486"> </a><a href="https://www.cbo.gov/publication/61486k">projects</a> the measure would widen deficits by $2.8 trillion over 10 years, while a <a href="https://www.reuters.com/markets/us/high-yields-bring-us-fiscal-precipice-even-closer-mcgeever-2025-05-29/">Reuters analysis</a> says it could lift debt to 125% of GDP by 2034.&nbsp;
Former Treasury Secretary Janet Yellen, in an <a href="https://youtu.be/P_rMsHQtDjM">interview with CNBC</a>, offered a counterpoint in April, saying strong demand at recent bond auctions shows investors remain confident in U.S. credit, though she criticized abrupt tariff talk that might drive allies towards China. According to her, shifting to shorter-term debt would not be sensible.&nbsp;
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk recently slammed Congress&#8217;s new spending bill on an <a href="https://x.com/elonmusk/status/1929954109689606359">X post</a>, calling it a "disgusting abomination" packed with wasteful spending. He criticized lawmakers who supported it, saying they should be ashamed.
See Also: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — <a href="https://www.benzinga.com/money/americans-spend-1000-per-year-on-plastic-water-bottles-kara-pod-gives-you-clean-drinking-water-by-pulling-moisture-from-the-air">And You Can Invest At Just $6.37/Share</a>
<h2 class="wp-block-heading">Countdown To Fiscal Showdown</h2>
Congressional committees continue internal budget discussions as attention turns toward the Treasury's upcoming refunding announcement in early August, where investors will look for signals on debt issuance strategy, particularly bond tenors.&nbsp;
Meanwhile, the Federal Reserve is scheduled to deliver its semiannual Monetary Policy Report to Congress this month, offering lawmakers fresh insight into inflation, growth, and interest rate trends.
Should the bill stall, Dimon's plea may echo louder: Will policymakers act before rising rates and anxious allies force their hand?&nbsp;
Read Next: The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"> How do you compare</a>?
Image: Shutterstock

'We've Got To Get Our Act Together,' Warns JPMorgan CEO — Mismanagement, Not China, Is America's Real Threat

Legendary investor Warren Buffett has been fascinated with the stock market <a href="https://www.benzinga.com/general/education/24/08/40652464/warren-buffett-celebrates-94th-birthday-with-1-trillion-market-cap-milestone-a-look-back-at-hig">from a young age</a>, which could be one of the reasons why he's so good at <a href="https://www.benzinga.com/general/education/25/01/42832123/warren-buffett-beats-sp-500-in-2024-how-oracle-of-omahas-returns-compare-over-past-20-years">outperforming the market </a>and other investors.
 What Happened:&nbsp;The&nbsp;Berkshire Hathaway Inc&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>)(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) CEO&nbsp;bought three shares of Cities Service preferred at the&nbsp;age of 11.
The legendary investor told&nbsp;Charlie Rose&nbsp;in an April 2022<a href="https://charlierose.com/videos/31221" target="_blank" rel="noreferrer noopener">&nbsp;interview</a>&nbsp;that he spent every penny he had&nbsp;saved on&nbsp;the investment, which&nbsp;came after researching American companies.
"I knew more when I was 11 than I know now," Buffett said, laughing.
Despite being 92&nbsp;years old, Buffett recalls perfectly that he spent $114.75 on March 11, 1942, for the transaction.
Buffett later read "The Intelligent Investor" by&nbsp;Benjamin Graham&nbsp;and said it changed his thoughts on investing. Buffett from that point forward stopped buying stocks and instead bought companies. The investor has a 10-to-20-year long-term outlook on purchases.
Surprisingly enough, Buffett told Rose he hopes that stocks he buys go down in the short term, so he can buy more.
You may not be a billionaire like Warren Buffett, but you can uncover hidden gems in the stock market using our proprietary data and pattern recognition — <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/46157351/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-71">check out five stocks flying under the radar that deserve your attention.</a>
What's Next:&nbsp;As the CEO of Berkshire Hathaway, Buffett says he has the most interesting job in the world. He told listeners that choosing what you do and who you work with are important.
He reflected on meeting his investing partner, Charlie Munger, in May 1959. "We've never had an argument," Buffett said of the late Berkshire vice chairman.
Buffett added that while many think this&nbsp;is impossible, it's true. The duo supported each other whether they agreed with a decision&nbsp;or not, he said.&nbsp;
Buffett doesn't plan on moving on from Berkshire Hathaway anytime soon and said there is a successor planned, but they're not warming up yet.
Buffett gets up each morning a few minutes before 7 a.m. CT so he can catch the news and turn on CNBC.
The legendary investor said he looks at what prices are doing, including in Europe and Japan, before the market opens at 8:30 a.m. Omaha, Nebraska time.
"Time is the most precious thing you've got."
Buffett said you can always look back and say you could have done better, but he has no regrets. Buffett praises being born in the United States and all the great opportunities he's had in his life.
"It's given me everything," he acknowledged.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/general/education/25/05/45602754/warren-buffett-investment-success-3-simple-rules-to-copy-oracle-of-omaha">Warren Buffett Investment Success: 3 Simple Rules To Copy Oracle Of Omaha</a></li>
</ul>
This article was previously published by Benzinga and has been updated.
Photo: Shutterstock

Education

Why Warren Buffett Says Stocks Aren't What He's Really Buying

Financial personality Ramit Sethi has been helping people navigate their personal finances for decades. His book, "I Will Teach You To Be Rich," helped him claim the spotlight and get in front of millions of people in the process.
Sethi hasn't been afraid to share hot takes and challenge people to think differently about their finances. However, he recently <a href="https://www.tiktok.com/@ramit.sethi/video/7521707559548456222?lang=en">let loose on a common saying</a> that's been dominating the personal finance industry in recent years.
"There's this phrase that drives me insane," Sethi explained in a recent TikTok.
Don't Miss:
<ul class="wp-block-list">
<li>Maximize saving for your retirement and cut down on taxes: <a href="https://www.benzinga.com/money/wiseradvisor-retirement-planning">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation. </a></li>
<li>Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. <a href="https://www.benzinga.com/money/this-company-may-have-found-a-way-to-treat-cancer-by-tricking-the-bodys-immune-system-and-early-studies-show-some-promise-find-out-how-you-can-invest-in-the-future-of-cancer-treatment">Back a bold new approach to cancer treatment with high-growth potential.</a></li>
</ul>
Sethi's talking about how people say that personal finance is personal. He doesn't like the saying and explains how it can make personal finance harder than necessary.
<h2 class="wp-block-heading">Your Situation Is Not Unique</h2>
Sethi rips the phrase by saying that you are not a special snowflake. While personal finance involves personal goals and challenges, many people have those same goals and challenges.
If you're looking to save money for a down payment while budgeting your expenses, you're not alone. You are also not alone if you are looking to climb the corporate ladder so you can invest more money into your portfolio each month. Deciding between buying vs. renting is another common issue that many people debate. It's not just you.
Sethi explains that this perspective can reduce your stress when it comes to personal finance. It's easier to see what others have done in a similar situation and assess the pros and cons of each financial decision that comes your way.
Trending: GoSun's Breakthrough Rooftop EV Charger Already Has 2,000+ Units Reserved — <a href="https://www.benzinga.com/money/meet-the-company-seeking-to-give-americans-energy-independence-and-learn-how-you-can-become-an-early-investor">Become an Investor in This $41.3M Clean Energy Brand Today</a>
<h2 class="wp-block-heading">You Don't Need Personalized Advice</h2>
Sethi believes we should be saying, "Most people are mostly the same," instead of "personal finance is personal." When you shift to realizing that most people are mostly the same, you don't need personalized advice.&nbsp;
Instead of seeking personalized advice, you can take advice that has worked well for others and apply it to your life. Some Reddit posts and communities are great for gauging people's thoughts on money and how they overcame common obstacles.&nbsp;
Seeing other people talking about their experiences can also give you motivation. You can hear stories about how someone went from living in their car to having a $1 million portfolio or how a single parent managed to make ends meet before their children went to college. People have endured various challenges and achieved significant personal finance goals, and some of these same people share their entire experience, plus what worked for them, on sites like Reddit.
See Also: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — <a href="https://www.benzinga.com/money/americans-spend-1000-per-year-on-plastic-water-bottles-kara-pod-gives-you-clean-drinking-water-by-pulling-moisture-from-the-air">And You Can Invest At Just $6.37/Share</a>
<h2 class="wp-block-heading">Get On With Your Rich Life</h2>
Sethi's advice on distancing ourselves from the idea that personal finance is personal gives us more control over what we have to do. We don't need personalized advice and aren't special snowflakes, and that makes it easier to get on with your rich life.
Most people know what they have to do. It's just a matter of doing it. If you don't make enough money, you know you have to work a side hustle, ask for a raise, climb the corporate ladder, job hop, or start a business.&nbsp;
You have a bunch of options to achieve your financial goals. If you're not sure what you're supposed to do, a quick Google search can give you everything you need to make informed decisions about your personal finances.
Read Next: <a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.
Image: Shutterstock

Ramit Sethi Reveals A Misconception About Personal Finance: 'There's This Phrase That Drives Me Insane'

Many people will tell you to invest money if you want to build a nest egg and retire early. Putting your money to work in the stock market can allow it to multiply much faster than the cash in your savings account.
However, the stock market can also feel overwhelming when you are getting started. That's why a 30-year-old who's ready to invest $5,000 per month turned to the Investing subreddit for some advice. He wanted to know <a href="https://www.reddit.com/r/investing/comments/1lnwt8g/what_would_you_do_if_you_had_5000_per_month_to/">the best place to put money</a> and was eager to hear everyone's thoughts.
"[I'm] finally in a place where I can steadily invest," he stated.
Redditors shared their suggestions in the comments. These were some of the top responses.
Don't Miss:
<ul class="wp-block-list">
<li>Maximize saving for your retirement and cut down on taxes: <a href="https://www.benzinga.com/money/wiseradvisor-retirement-planning">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation. </a></li>
<li>Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. <a href="https://www.benzinga.com/money/this-company-may-have-found-a-way-to-treat-cancer-by-tricking-the-bodys-immune-system-and-early-studies-show-some-promise-find-out-how-you-can-invest-in-the-future-of-cancer-treatment">Back a bold new approach to cancer treatment with high-growth potential.</a></li>
</ul>
<h2 class="wp-block-heading">The S&amp;P 500 Is A Good Starting Point</h2>
Most Redditors recommended ETFs that tracked the S&amp;P 500. This benchmark holds 500 of the largest and most profitable U.S. corporations. The index periodically adds and removes stocks from its holdings to trim the laggards and focus on promising stocks that fulfill the S&amp;P 500's requirements.
The index gives investors broad exposure to numerous industries. Tech stocks make up the highest percentage of the fund's total assets, with the Magnificent Seven stocks playing a key part in the S&amp;P 500's overall performance.
You don't have to know much about investing to get started with the S&amp;P 500. If the economy continues to grow, the S&amp;P 500 will continue to grow with it. You don't have to risk it all with a single stock pick or monitor a bunch of holdings when an ETF that follows the S&amp;P 500's performance can work for most people.
Trending: Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. <a href="https://www.benzinga.com/money/this-company-may-have-found-a-way-to-treat-cancer-by-tricking-the-bodys-immune-system-and-early-studies-show-some-promise-find-out-how-you-can-invest-in-the-future-of-cancer-treatment">Back a bold new approach to cancer treatment with high-growth potential.</a>
<h2 class="wp-block-heading">The Nasdaq-100 Is Poised To Benefit From Artificial Intelligence</h2>
Redditors also recommended ETFs that follow the Nasdaq-100 due to its tech-heavy concentration. Tech stocks may produce outsized gains in the years ahead due to artificial intelligence. Although investors have heard about this technology for years, it's still in the early innings.
Even without artificial intelligence, the Nasdaq-100 and other tech-heavy benchmarks have outperformed the S&amp;P 500 over the past few years. For instance, the Nasdaq-100 is up by roughly 118% over the past five years, while the S&amp;P 500 has only gained 97% during the same stretch.
The Nasdaq-100 also outpaces the S&amp;P 500 year-to-date and over the past year. When the stock market rallies, funds that track the Nasdaq-100 tend to grow faster than funds that track the S&amp;P 500.
See Also: Can you guess how many retire with a $5,000,000 nest egg? <a href="https://www.benzinga.com/money/5mil-nest-egg-adv">The percentage may shock you</a>.
<h2 class="wp-block-heading">Focus On Low-Cost ETFs</h2>
While the S&amp;P 500 and Nasdaq-100 are two popular benchmarks for ETF investors, Redditors emphasized the importance of investing in low-cost ETFs. While each investor has a different definition of a low-cost ETF, you'll be OK if you have an ETF with an expense ratio below 0.20%.&nbsp;
You'll get the lowest expense ratios if you invest in passively managed ETFs. These funds follow a predetermined benchmark instead of doing anything fancy like selling covered calls to increase the yield. You can find some passively-managed ETFs with expense ratios below 0.10%.
The expense ratio indicates how much money you must pay the fund manager to keep your money in the ETF. This expense happens automatically within the fund, so you'll never see the money directly leave your account. If you have $10,000 in a fund with a 0.10% expense ratio, you only have to pay a reasonable $10 to keep your money in the fund each year. However, if that same fund had a 1% expense ratio, you would have to pay $100 per year for that fund.
Investors are willing to pay extra for funds that significantly outperform the market, but most actively-managed funds don't hold up to the S&amp;P 500. It's better to invest in low-cost ETFs than it is to try your luck with an actively-managed ETF with a high expense ratio.
Read Next: GoSun's Breakthrough Rooftop EV Charger Already Has 2,000+ Units Reserved — <a href="https://www.benzinga.com/money/meet-the-company-seeking-to-give-americans-energy-independence-and-learn-how-you-can-become-an-early-investor">Become an Investor in This $41.3M Clean Energy Brand Today</a>
Image: Shutterstock

A 30-Year-Old Asks Where's The Best Place To Invest $5,000 Per Month: 'Finally In A Place Where I Can Steadily Invest'

India has reportedly notified the World Trade Organization (WTO) of its intention to impose retaliatory tariffs against the United States, following Washington&#8217;s decision to enforce a 25% import duty on foreign-made <a href="https://www.benzinga.com/news/politics/25/07/46263813/trump-to-send-take-it-or-leave-it-tariff-letters-to-12-countries-on-monday-report" target="_blank" rel="noreferrer noopener">automobiles and auto components</a>.
According to the notification, the Indian government estimates that the new U.S. tariff would impact approximately $2.89 billion worth of Indian exports, reports Reuters.
In response, New Delhi plans to implement countermeasures equivalent to the projected $725 million in duties collected by the U.S.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/politics/25/07/46263399/trump-says-us-will-raise-tariffs-to-up-to-70-as-july-9-deadline-looms" rel="noreferrer noopener">Trump Says US Will Raise Tariffs To Up To 70% As July 9 Deadline Looms</a>
Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-07-04/india-plans-retaliatory-duties-on-us-goods-in-hardening-stance?utm_source=chatgpt.com" target="_blank" rel="noreferrer noopener">quoted</a> Piyush Goyal, India&#8217;s trade minister, &#8220;Free trade agreements are only possible when it&#8217;s win-win for both nations.&#8221; India is negotiating on its own terms and won&#8217;t be driven by external deadlines, the minister said.
Though India has yet to detail the specific goods or rates it will target with these retaliatory measures, the move comes at a critical moment. Both countries are racing to conclude a bilateral trade agreement before a self-imposed July 9 deadline set by President Donald Trump.
Trump has threatened a sweeping 26% tariff on all Indian imports should the negotiations fail.
New Delhi has expressed willingness to lower some tariffs to ease trade tensions.
However, India continues to resist U.S. pressure to open its agricultural and dairy sectors—longstanding points of contention in previous trade discussions, Reuters adds.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/07/46264224/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-72" target="_blank" rel="noreferrer noopener">Benzinga&#8217;s &#8216;Stock Whisper&#8217; Index: 5 Stocks Investors Secretly Monitor But Don&#8217;t Talk About Yet</a></li>
</ul>
Image: Shutterstock/Mc_Cloud

Equities

Markets

India Hits Back At US, Plans Retaliatory Tariffs at WTO

Henrik Werdelin, co-founder of BarkBox and longtime startup advisor, has launched a new venture named Audos, which recently raised $11.5 million in seed funding led by True Ventures. Other investors include Offline Ventures, Bungalow Capital, and notable angel investors Niklas Zennström and Mario Schlosser,<a href="https://techcrunch.com/2025/06/26/this-ai-powered-startup-studio-plans-to-launch-100000-companies-a-year-really/"> TechCrunch</a> reports.
Based in New York, Audos offers AI tools and startup-building support to everyday people who want to launch <a href="https://www.benzinga.com/opinion/25/04/44813789/adapt-or-disappear-how-ai-is-leveling-the-playing-field-for-small-businesses-in-2025">small businesses</a> without any technical background. Unlike accelerators or traditional venture models, TechCrunch says that Audos charges a 15% perpetual revenue share instead of taking equity from founders.
Don't Miss:
<ul class="wp-block-list">
<li>Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. <a href="https://www.benzinga.com/money/this-company-may-have-found-a-way-to-treat-cancer-by-tricking-the-bodys-immune-system-and-early-studies-show-some-promise-find-out-how-you-can-invest-in-the-future-of-cancer-treatment">Back a bold new approach to cancer treatment with high-growth potential.</a></li>
<li>Tired of Grid Failures and Charging Deserts? This Startup Has a Solar Fix and $25M+ in Sales — <a href="https://www.benzinga.com/money/meet-the-company-seeking-to-give-americans-energy-independence-and-learn-how-you-can-become-an-early-investor">Now Raising at $3/Share</a></li>
</ul>
<h2 class="wp-block-heading">From BarkBox to AI Business Builders: How Audos Plans to Create a Million-Dollar Movement</h2>
Werdelin, who previously built startup studio Prehype, told TechCrunch that Audos combines years of startup-building expertise into an accessible platform anyone can use to launch a digital product.
"What we're trying to do is to figure out how you make a million companies that do a million dollars [in annual revenue]," Werdelin said. That goal, if realized, would create what he calls a trillion-dollar turnover business, a term that sets a new benchmark for bottom-up innovation.
The company uses social media platforms like <a href="https://www.benzinga.com/media/25/05/45510687/instagram-is-offering-creators-up-to-20000-to-bring-new-users-to-the-mark-zuckerberg-led-platform-heres-the-nitty-gritty">Instagram</a> and Facebook to reach potential founders and identify whether their business ideas can generate customers at a sustainable cost. According to TechCrunch, Audos's AI agent interacts with users directly, helping them clarify their offer and go to market quickly using natural language inputs.
Trending: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — <a href="https://www.benzinga.com/money/americans-spend-1000-per-year-on-plastic-water-bottles-kara-pod-gives-you-clean-drinking-water-by-pulling-moisture-from-the-air">And You Can Invest At Just $6.37/Share</a>
So far, Audos has supported the launch of what Werdelin calls "low hundreds" of businesses in its beta phase, TechCrunch reports. These include ventures like a virtual golf swing coach, an AI nutritionist, a mechanic offering quote evaluations, and even an "after-death logistics" consultant.
Each founder received up to $25,000 in funding, access to Audos's proprietary tools, and support in distributing their offer through paid social ads. According to TechCrunch, Werdelin refers to these micro-businesses as "donkeycorns," signaling modest yet profitable ventures that aim to support personal freedom rather than billion-dollar exits.
<h2 class="wp-block-heading">A Permanent 15% Cut May Spark Questions About Long-Term Cost for Founders</h2>
According to TechCrunch, Audos's model may spark discussion over the long-term cost of a 15% revenue share, which continues indefinitely like Apple's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)&nbsp; App Store platform fee. While some entrepreneurs may welcome the no-equity route, others could see the permanent cut as a costly tradeoff over time.
See Also: Maximize saving for your retirement and cut down on taxes: <a href="https://www.benzinga.com/money/wiseradvisor-retirement-planning">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation.&nbsp;</a>
Werdelin acknowledged that the market is rapidly filling with similar AI tools, saying, "the world is full of these tools" and they are "getting better rapidly," TechCrunch says. Audos distinguishes itself by helping non-technical users go to market quickly using natural language prompts and social media targeting.
True Ventures partner Tony Conrad expressed confidence in Audos, citing its potential to support thousands who want to start small, independent businesses with real revenue potential. "There are just lots and lots of people" who need this opportunity, Conrad told TechCrunch.
Audos currently operates with just five employees but aims to expand its impact exponentially without building a large internal team. Werdelin believes the next wave of entrepreneurship should be built by people previously left out of the ecosystem. "We believe that the world is better with more entrepreneurship," he told TechCrunch, pointing to mom-and-pop shops as his inspiration rather than venture-backed unicorns.
Read Next: <a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.
Image: Shutterstock

This $11.5M Startup Backed By Niklas Zennström Wants To Help You Launch A Million-Dollar AI Business From Your Sofa

Abbe Lowell, a prominent lawyer who has represented members of President Donald Trump&#8216;s family, expressed serious concerns about the potential harm that the current administration could cause to the country&#8217;s institutions.
What Happened: Lowell, who defended&nbsp;Jared Kushner and Ivanka Trump&nbsp;during Robert Mueller&#8216;s Russian investigation, has voiced concerns about the pressure the White House is putting on the nation&#8217;s institutions. 
Lowell fears that these institutions may not be able to withstand the current strain. Speaking with <a href="https://www.ft.com/content/54e4cb31-44c4-45b1-ae0d-ce67d5c8c736">the</a> Financial Times, Lowell said, &#8220;I have never been as concerned as to whether our system can withstand the pressure it is being put to."
He also said that the White House is "pushing the tree to the point that it could break," noting that during Trump's first term, critics of the president said democracy was "tested but didn't break." 
Lowell, who has also represented prominent Democrats like Bill Clinton and Hunter Biden, was hired by Kushner and Ivanka in 2017 as the Russia investigation escalated. He is now warning that Trump&#8217;s actions in his second term could break the constitutional &#8220;wall&#8221; that separates the courts from executive power.
Also Read: <a href="https://www.benzinga.com/news/24/02/36923522/donald-trump-is-spending-millions-on-his-legal-defense-here-are-the-lawyers-who-are-cashing-in-the-m">Donald Trump Is Spending Millions On His Legal Defense: Here Are The Lawyers Who Are Cashing In The Most</a>
"The crack you put in the wall today becomes the gash tomorrow," Lowell told Congress back in 1998. Reflecting on that now, he told the outlet, "That wasn't a bad prophecy—the structure is more than cracked, though not yet crumbled."
Lowell has established Lowell &amp; Associates to fight against what he calls government &#8220;over-reach,&#8221; and has already attracted several defectors from other law firms. 
His clients&nbsp;include New York Attorney General&nbsp;Letitia James and&nbsp;former DHS official Miles Taylor,&nbsp;who are both hoping that Lowell&#8217;s aggressive approach can counter a series of executive orders targeting various institutions.
Why It Matters: Lowell&#8217;s concerns highlight the increasing tension between the executive branch and the nation&#8217;s institutions. 
His strategy of building&nbsp;cases on First Amendment grounds, rather than presidential authority, could be crucial in challenging the administration, especially given a Supreme Court that &#8220;believes&nbsp;in an executive branch with&nbsp;broad power.&#8221;
Lowell&#8217;s new firm, Lowell &amp; Associates, could play a significant role in this battle, especially with high-profile clients like Letitia James and Miles Taylor on board. 
As the pressure on the nation&#8217;s institutions continues to mount, the legal strategies employed by Lowell and his team could have far-reaching implications for the balance of power in the U.S.
Read Next
<a href="https://www.benzinga.com/news/24/06/39243630/a-prosecutor-made-a-key-allegation-in-donald-trumps-hush-money-case-except-it-doesnt-seem-to-add-up">A Prosecutor Made A Key Allegation In Donald Trump&#8217;s Hush-Money Case — Except It Doesn&#8217;t Seem To Add Up</a>
Image: Shutterstock

Ex-Trump Family Attorney Raises Alarms Over Trump's Actions as President: 'I Have Never Been As Concerned'

Earnings

Health Care

Press Releases

Verrica Pharmaceuticals Reports Fourth Quarter and Full Year 2024 Financial Results

Management

Verrica Pharmaceuticals Appoints Noah L. Rosenberg, M.D., as Chief Medical Officer

Verrica Pharmaceuticals to Participate in the 24th Annual Needham Virtual Healthcare Conference

Verrica Pharmaceuticals Appoints Gavin Corcoran, M.D. to its Board of Directors

Verrica Pharmaceuticals Reports Strong Demand-Led Growth in YCANTH® Dispensed Applicator Units in First Quarter 2025

Verrica Pharmaceuticals to Participate in the Citizens Life Sciences Conference in New York

Verrica Pharmaceuticals to Report First Quarter 2025 Financial Results and Provide a Corporate Update on May 13, 2025

Verrica Pharmaceuticals Reports Quarterly 2025 Financial Results

Verrica Pharmaceuticals to Participate in the Jefferies Global Healthcare Conference in New York

Verrica Pharmaceuticals Announces Amendment to Collaboration and License Agreement with Torii Pharmaceutical to Launch Global Pivotal Phase 3 Clinical Trial to Study YCANTH® for the Treatment of Common Warts

Comments

Verrica Pharmaceuticals

Noticias

Últimas noticias sobre Verrica Pharmaceuticals (NASDAQ:VRCA) Bolsa

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL