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Meiwu Technology Co

Meiwu Technology Co Ltd operates as an online food retail store and franchise restaurants in China. The products offered include green food, organic food, intangible cultural heritage food products, agricultural products bearing geographical indications, and pollution-free products. It operates in three segments: Clean Food Platform; Restaurant; and Others. The company generates the majority of its revenue from Technical services.

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Economist Peter Schiff is once again calling out President Donald Trump&#8217;s logic on trade and tariffs, arguing that the economic logic behind this stance does not hold up.
What Happened: On Saturday, Schiff posted on X in response to Trump&#8217;s warning to Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) not to increase prices due to the tariffs imposed by his administration.
Trump suggested that companies like Walmart should absorb the cost increases rather than pass them on to consumers. Schiff pushed back, saying, &#8220;Trump said Walmart should eat the tariffs. He might as well tell Walmart to eat its rent, wages, insurance, utilities, and all of its other costs too.&#8221;
See Also: <a href="https://www.benzinga.com/markets/25/05/45486508/scott-bessent-signals-liberation-day-2-0-coming-if-countries-dont-sign-trade-deals-president-trump-has-put-them-on-notice">Scott Bessent Signals Liberation Day 2.0 Coming If Countries Don&#8217;t Sign Trade Deals: &#8216;President Trump Has Put Them On Notice&#8217;</a>
Schiff, a long-time critic of protectionist trade policies, argued that higher consumer prices aren't a side effect of tariffs but a necessary feature of how they work. &#8220;If the goal of tariffs is to reduce our trade deficit, the only way that will happen is if Walmart and other importers raise their prices,&#8221; he said.
He added, &#8220;It's higher prices that will cause consumers to buy fewer imports, thus reducing the size of our trade deficits.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Trump warned Walmart not to increase prices because his tariffs increased the cost of their imports. Trump said Walmart should eat the tariffs. He might as well tell Walmart to eat its rent, wages, insurance, utilities, and all of its other costs too. Ironically, if the goal of…
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1923795892009586741?ref_src=twsrc%5Etfw">May 17, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Several other eminent intellectuals have echoed similar concerns in recent weeks. Economist Justin Wolfers recently called <a href="https://benzinga.com/markets/25/04/45091467/trump-can-either-have-his-cake-or-eat-it-economist-justin-wolfers-calls-out-presidents-fundamental-incoherence-on-trade-deals-and-tariffs">Trump's tariff stance</a> &#8220;fundamentally incoherent,&#8221; pointing to shifting goalposts and an apparent attempt to have it both ways on taxes and trade policy.
Schiff has been a vocal critic of the tariffs for months, having said recently that the tariffs put &#8220;American Last&#8221; for investors, while <a href="https://benzinga.com/news/global/25/04/44781938/trump-tariffs-have-put-america-last-for-investors-peter-schiff-warns-of-a-financial-crisis-worse-than-2008">warning of a financial crisis</a> worse than 2008, if they remained. 
Last week, Schiff warned that the only way to <a href="https://www.benzinga.com/25/05/45404821/dollar-correction-imminent-sans-tariffs-to-reduce-the-us-trade-deficit-says-peter-schiff-minor-decline-would-make-trade-deficit-larger">cut the U.S. trade deficit</a> is via either a significant decline in the value of the dollar or high tariffs, both of which will result in high inflation. 
Treasury Secretary Scott Bessent mentioned on Friday, during an interview with NBC's&nbsp;Meet the Press with Kristen Welker, that he had spoken to Walmart&#8217;s CEO, Carl McMillon, and said that the <a href="https://www.benzinga.com/markets/25/05/45484954/treasury-secretary-bessent-addresses-moodys-downgrade-and-tariff-impact-n-walmart">retailer will absorb</a> some of the impacts from the tariffs, as it had done in prior inflationary periods.
&#8220;Walmart is, in fact, going to, as you describe it, eat some of the tariffs just as they did in '18, '19 and '20,&#8221; Bessent said.
Price Action: Walmart&#8217;s shares were up 1.96% on Friday, at $98.24, they are currently down 1.07% after hours, following Trump&#8217;s post over the weekend.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="131" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/19015531/Screenshot-2025-05-19-at-11.25.17-AM-1024x131.png" alt="" class="wp-image-919230" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/19015531/Screenshot-2025-05-19-at-11.25.17-AM-1024x131.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/19015531/Screenshot-2025-05-19-at-11.25.17-AM-300x38.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/19015531/Screenshot-2025-05-19-at-11.25.17-AM-768x98.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/19015531/Screenshot-2025-05-19-at-11.25.17-AM-1536x196.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/19015531/Screenshot-2025-05-19-at-11.25.17-AM.png 1614w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
According to Benzinga&#8217;s Edge Stock Rankings, Walmart scores in the 90th percentile on Momentum and 80% percentile on quality. It also has a favorable price trend in the short, medium, and long terms. You can take a look at more deeper insights <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a>.
Photo Courtesy: Lightspring on Shutterstock.com
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/tech/25/05/45486639/sundar-pichai-reveals-google-parent-once-super-intensely-debated-about-buying-netflix-in-a-world-of-butterfly-effects">Sundar Pichai Reveals Google-Parent Once Super Intensely Debated About Buying Netflix: &#8216;In A World Of Butterfly Effects…&#8217;</a></li>
</ul>

Government

Markets

Peter Schiff Slams Trump's 'Eat The Tariffs' Message To Walmart: He Might As Well Ask It To Eat 'Rent, Wages, Insurance…'

<ul>
<li>Foxconn's Subsidiary — Big Innovation Company — to Build NVIDIA Blackwell Supercomputer With 10,000 NVIDIA Blackwell GPUs to Deliver a Leap in AI Computing for Taiwan</li>
<li>TSMC to Harness Big Innovation Company Cloud AI Infrastructure for Research and Development</li>
<li>Taiwan National Science and Technology Council to Invest in Supercomputer to Accelerate AI Development and Adoption Across Industries</li>
</ul>

News

NVDA

Foxconn, NVIDIA, And Taiwan Join Forces To Build AI Supercomputer With 10,000 Blackwell GPUs, Ushering In New Era Of National AI Infrastructure

Agilysys, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGYS#NASDAQ">AGYS</a>) will release its fourth-quarter earnings results after the <a href="https://www.benzinga.com/quote/AGYS/earnings">closing bell on Monday, May 19</a>.
Analysts expect the Alpharetta, Georgia-based company to report quarterly earnings at 29 cents per share, down from 32 cents per share in the year-ago period. According to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>, Agilysys projects quarterly revenue at $71.42 million, compared to $62.22 million a year earlier.
On Feb. 24, Agilysys reported that Dan Bell has joined the Company in a newly created sales leadership role focused on PMS and POS growth in North America.
Agilysys shares gained 4% to close at $86.00 on Friday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/GBX/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul class="wp-block-list">
<li>Oppenheimer analyst Brian Schwartz maintained an Outperform rating and cut the price target from $135 to $90 on April 9, 2025. This analyst has an accuracy rate of 65%.</li>
<li>Needham analyst Mayank Tandon maintained a Buy rating and slashed the price target from $125 to $100 on March 5, 2025. This analyst has an accuracy rate of 69%.</li>
<li>Northland Capital Markets analyst Nehal Chokshi maintained an Outperform rating and raised the price target from $145 to $186 on Jan. 7, 2025. This analyst has an accuracy rate of 64%.</li>
<li>BTIG analyst Matthew Vanvliet maintained a Buy rating and increased the price target from $118 to $124 on Oct. 29, 2024. This analyst has an accuracy rate of 63%.</li>
</ul>
Considering buying AGYS stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="608" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/18080824/image-214-1024x608.png" alt="" class="wp-image-918899" style="width:626px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/18080824/image-214-1024x608.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/18080824/image-214-300x178.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/18080824/image-214-768x456.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/18080824/image-214.png 1098w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next:<a href="https://www.benzinga.com/trading-ideas/short-ideas/25/05/45466849/top-3-consumer-stocks-that-may-fall-off-a-cliff-in-q2"> </a>
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/05/45466849/top-3-consumer-stocks-that-may-fall-off-a-cliff-in-q2">Top 3 Consumer Stocks That May Fall Off A Cliff In Q2</a> </li>
</ul>
Photo via Shutterstock

Earnings

Price Target

Analyst Ratings

Trading Ideas

AGYS

Agilysys Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Arthur Hayes, Chief Investment Officer of&nbsp;Maelstrom&nbsp;and co-founder of&nbsp;BitMEX, anticipated Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) to approach $200,000 in its upcoming bull run, fueled by increased fiat liquidity, according to a Sunday report.
What Happened: During an <a href="https://fortune.com/crypto/2025/05/18/arthur-hayes-on-bitcoins-route-to-200000-holding-gold-and-why-hated-ethereum-is-due-for-a-comeback/">interview </a>with Forbes, Hayes expressed confidence about Bitcoin&#8217;s continued dominance, which would eventually spark an altcoin season. He estimates Bitcoin to go close to $200,000 and eventually hit $250,000 by year-end. 
Hayes linked this potential surge to the government&#8217;s need to borrow more funds, which would increase liquidity in the market.
&#8220;I believe that the U.S. government has to borrow more money than what we think, and therefore, [Treasury Secretary Scott Bessent] will have to issue more debt,&#8221; Hayes said. &#8220;That means that there's more dollars floating around in the world because the US government is spending more money on stuff.&#8221;
It&#8217;s worth highlighting that <a href="https://www.benzinga.com/markets/25/05/45484954/treasury-secretary-bessent-addresses-moodys-downgrade-and-tariff-impact-n-walmart">Moody&#8217;s downgraded the U.S. long-term credit rating</a> last week, raising fears about government debt and inflation. 
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/25/05/45427302/anthony-scaramucci-forecasts-bitcoin-will-be-deemed-asset-class-akin-to-gold-when-it-reaches-500000">Anthony Scaramucci Says Once Bitcoin Hits $500,000 It Will Be Considered An Asset Class Just Like Gold</a>
Hayes predicted that Bitcoin&#8217;s move to the $150,000-200,000, which he thought would happen early third quarter, could spur an altcoin rally.
He also discussed Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), stating that despite its current &#8220;hated&#8221; image <a href="http://benzinga.com/markets/cryptocurrency/25/03/44432826/why-ethereum-is-lagging-bitcoin-analysts-cite-inflationary-problems-dencun-upgrade-blowback-and-solanas-meme-coins">due to months of underperformance</a>, it could surprise the market with a comeback.
Why It Matters: Hayes&#8217; predictions come at a time when <a href="https://www.benzinga.com/25/05/45486095/bitcoin-breaks-107000-ethereum-dips-dogecoin-rallies-as-greed-sentiment-takes-over-analyst-predicts-great-6-8-week-period">Bitcoin has broken the $107,000 mark</a>, the highest in nearly four months. This rally was accompanied by a nearly 50% increase in trading volumes, indicating a strong investor sentiment. 
Hayes, one of the most vocal Bitcoin advocates, had predicted Bitcoin <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45433455/arthur-hayes-predicts-bitcoin-to-hit-1-million-by-2028">to hit $1 million by 2028</a> by the end of President Donald Trump&#8217;s tenure. He attributed this to the repatriation of foreign capital and the devaluation of U.S. Treasury bonds, driven by structural imbalances in the U.S. trade and capital accounts.
Price Action:&nbsp; At the time of writing, BTC was exchanging hands at $102,936.32, down 0.66% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.
Shutterstock: Yalcin Sonat
Read Next:&nbsp;
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<li><a href="https://benzinga.com/markets/cryptocurrency/25/05/45475457/bitcoin-ethereum-dogecoin-hold-steady-while-xrp-dips-tough-conditions-hang-in-there-trader-says" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum, Dogecoin Hold Steady While XRP Dips — &#8216;Tough Conditions, Hang In There,&#8217; Trader Says</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

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

Cryptocurrency

$BTC

$ETH

Arthur Hayes Forecasts Bitcoin Will Hit $200,000 In Next Bull Run, Anticipates Revival Of Fortunes For This 'Hated' Coin

Halliburton Launches EarthStar 3DX To Deliver Real-Time Geological Insights Up To 50 Feet Ahead Of The Drill Bit

<ul>
<li>New NVIDIA Isaac GR00T Humanoid Open Models Soon Available for Download on Hugging Face</li>
<li>GR00T-Dreams Blueprint Generates Data to Train Humanoid Robot Reasoning and Behavior</li>
<li>NVIDIA RTX PRO 6000 Blackwell Workstations and RTX PRO Servers Accelerate Robot Simulation and Training</li>
<li>Agility Robotics, Boston Dynamics, Foxconn, Lightwheel, NEURA Robotics and XPENG Robotics Among Many Robot Makers Adopting NVIDIA Isaac</li>
</ul>

NVIDIA Taps Global Partners To Build Enterprise AI Factories With RTX PRO 6000 Blackwell GPUs And Full-Stack Validated Designs

Chinese smartphone giant Xiaomi Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACY#OTC">XIACY</a>) plans to invest at least 50 billion yuan ($6.93 billion) in chip design over a minimum 10-year period starting from 2021, founder Lei Jun announced Monday on Chinese social media platform Weibo.
What Happened: The Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) rival has already invested 13.5 billion yuan to develop its advanced mobile chip XringO1, according to Lei, Reuters reported. The company&#8217;s chip design division now employs more than 2,500 people, underscoring Xiaomi&#8217;s commitment to semiconductor self-sufficiency.
This significant investment comes amid escalating U.S. semiconductor sanctions against Chinese tech companies. Taiwan Semiconductor Manufacturing Co. recently disclosed in its 2024 annual report that ensuring complete compliance with U.S. chip technology <a href="https://www.benzinga.com/government/regulations/25/04/44895326/taiwan-semiconductor-confronts-challenges-of-us-chips-sanction-on-china">embargoes has become increasingly challenging</a>.
See Also:&nbsp;<a href="https://www.benzinga.com/25/05/45486095/bitcoin-breaks-107000-ethereum-dips-dogecoin-rallies-as-greed-sentiment-takes-over-analyst-predicts-great-6-8-week-period" target="_blank" rel="noreferrer noopener">Bitcoin Breaks $107,000, Ethereum Dips, Dogecoin Rallies As ‘Greed' Sentiment Takes Over: Analyst Predicts BTC ‘Primed' For A New All-Time High</a>
Why It Matters: TSM, which produces chips for Qualcomm Inc. and MediaTek that are used in Xiaomi devices, noted that business partners have <a href="https://www.benzinga.com/government/regulations/25/04/44895326/taiwan-semiconductor-confronts-challenges-of-us-chips-sanction-on-china">increasingly violated semiconductor sanctions</a> to access advanced technology.
Xiaomi currently <a href="https://www.benzinga.com/news/global/25/04/44796659/apple-tops-global-smartphone-sales-with-19-share-boosted-by-iphone-16e-emerging-market-growth">holds third place in global smartphone market share</a>, according to recent Counterpoint Research data, behind Apple and Samsung Electronics Co. Ltd. 
Price Action: Xiaomi Corp&#8217;s stock was trading at 51.50 HKD ($6.58) on the Hong Kong Exchange as of 11:59 a.m. Monday, marking a 0.98% gain for the day. Year to date, the stock has surged 51.47%.
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</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Alan Sau / Shutterstock.com

Asia

Equities

AAPL

XIACY

Apple Rival Xiaomi To Invest Over $6.9 Billion In Chip Design Through 2031, Boosts Push For Semiconductor Independence Amid US Sanctions

Dairy Queen CEO Troy Bader says the job interview with Berkshire Hathaway Inc. (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 Warren Buffett that landed him the top seat at the Blizzard maker felt less like a cross-examination and more like a seminar on curiosity.
What Happened: Warren Buffett "was just the opposite" of arrogant, Bader recalls in an <a href="https://www.businessinsider.com/warren-buffett-dairy-queen-ceo-bader-job-interview-berkshire-passion-2025-5?utm_campaign=business-sf&amp;utm_source=linkedin&amp;utm_medium=social">interview</a> with Business Insider, grilling him for lessons Buffett could borrow.
"It was the fall of 2017, I'll never forget the day… I was very anxious going in," Bader said, wondering which "questions" Buffett might lob that he'd "never even thought about." "From Warren it was just the opposite," Bader added. Instead of chest-thumping, Buffett spent "the first 15 or 20 minutes" probing a niche Bader knew well for another deal.
"Warren is a constant learner. He wants to know what you know and what he can learn from you." Buffett drilled into Dairy Queen's future and Bader's love for it, &#8220;digging for something more, that energy, that passion, that connection to the business.&#8221;
See also: <a href="https://www.benzinga.com/tech/25/05/45486639/sundar-pichai-reveals-google-parent-once-super-intensely-debated-about-buying-netflix-in-a-world-of-butterfly-effects">Sundar Pichai Reveals Google-Parent Once Super Intensely Debated About Buying Netflix: &#8216;In A World Of Butterfly Effects…&#8217;</a>
Bader's first takeaway: "Anybody you meet, I don't care who they are — they know something you don't.&#8221; The second: even the &#8220;smartest person in the world&#8221; can be outperformed by &#8220;somebody who has that passion.&#8221;
Buffett <a href="https://www.benzinga.com/general/entertainment/22/03/26224759/warren-buffett-owns-what-10-berkshire-acquisitions-you-may-have-forgotten">snapped up</a> Dairy Queen for about $585 million in 1997, joking he brought a "modicum of product expertise" as a Blizzard devotee. Today, the chain licenses more than 7,700 restaurants across 20-plus countries. While Dairy Queen is barely a slice of Berkshire Hathaway, Bader said Buffett &#8220;is actually paying attention to every business… This is his life, this is who he is.&#8221;
Why It Matters: With Berkshire's 94-year-old chief <a href="https://www.benzinga.com/25/05/45184410/warren-buffett-to-step-down-as-berkshire-hathaway-ceo-by-end-of-year-asks-board-to-confirm-greg-abel-as-successor">stepping aside</a> at year-end, Bader's encounter offers a peek at how the Oracle screens for passion and ethics in the sprawling empire.
Microsoft co-founder Bill Gates earlier shared a story of when he joined Buffett on a hands-on Dairy Queen shift—operating the register, greeting customers and perfecting the Blizzard's trademark upside-down presentation. Gates <a href="https://www.benzinga.com/news/23/07/33234002/what-bill-gates-learned-by-serving-blizzards-with-warren-buffett-at-dairy-queen?utm_source=chatgpt.com">praised Buffett's habit</a> of defying convention, from investing in beloved brands to <a href="https://www.benzinga.com/personal-finance/25/01/43341020/warren-buffett-would-give-up-a-year-of-his-life-to-eat-whatever-he-wants-his-daughter-confirms-he-still-gets-daily-mcdonalds-breakfast-at-94">starting his mornings</a> with Oreos and ice cream.
Benzinga Edge Stock Rankings gives Berkshire Hathaway&#8217;s Class-A shares a Growth score of 91.32% and a steady Momentum of 82.05%. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Check to see how BRK&#8217;s Class-B shares compare</a>.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="144" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/19010934/brka-edge-1-1024x144.png" alt="" class="wp-image-919215" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/19010934/brka-edge-1-1024x144.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/19010934/brka-edge-1-300x42.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/19010934/brka-edge-1-768x108.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/19010934/brka-edge-1-1536x216.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/19010934/brka-edge-1.png 1622w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Photo Courtesy: Photo Agency On Shutterstock.com
Read next: <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45486627/elon-musks-new-emperor-kekius-maximus-avatar-sends-pepe-and-this-namesake-coin-rallying">Elon Musk&#8217;s New &#8216;Emperor Kekius Maximus&#8217; Avatar Sends Pepe And This Namesake Coin Rallying</a>

Management

Small Business

Dairy Queen CEO Reveals Warren Buffett's Shocking First Move in Job Interview: 'I'll Never Forget The Day…'

The company reiterates its guidance for full year 2025, with specialties-driven EBITDA of between $0.95 billion to $1.15 billion and Potash sales volumes of between 4.5 million and 4.7 million metric tons.

Guidance

ICL Reaffirms FY25 Guidance For Specialties-Driven EBITDA To $0.95B-$1.15B And Potash Sales Volumes Of Between 4.5M-4.7M Metric Tons

ICL Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICL#NYSE">ICL</a>) reported quarterly earnings of $0.09 per share which missed the analyst consensus estimate of $0.11 by 18.18 percent. This is unchanged from the same period last year. The company reported quarterly sales of $1.77 billion which met the analyst consensus estimate. This is a 1.84 percent increase over sales of $1.74 billion the same period last year.

Earnings Misses

ICL Group Q1 Adj. EPS $0.09 Misses $0.11 Estimate, Sales $1.77B Inline

Maye Musk, mother of Tesla Inc. CEO Elon Musk, revealed on Sunday a 1989 computer aptitude test showing her son&#8217;s exceptional engineering potential at age 17.
What Happened: &#8220;While sorting through photos, I came across computer aptitude test results of Elon Musk at 17. My genius boy. Proud mom,&#8221; the 77-year-old model and dietitian wrote on X.
The University of Pretoria document, dated May 17, 1989, shows Musk received A+ scores in both operating and programming on ISM tests, results that the tech mogul claimed were unprecedented.
&#8220;They said I scored the highest for engineering aptitude that they had ever seen,&#8221; Musk commented. &#8220;Or, in other words, not bad for a human, as a future AI might say.&#8221;
This revelation comes amid Musk&#8217;s continued focus on artificial intelligence through his companies, xAI and Tesla, which are developing AI technologies for various applications.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">While sorting through photos, I came across computer aptitude test results of <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@elonmusk</a> at 17. My genius boy. Proud mom. <a href="https://t.co/1MeWDSQ6FZ">pic.twitter.com/1MeWDSQ6FZ</a>
&mdash; Maye Musk (@mayemusk) <a href="https://twitter.com/mayemusk/status/1924125278697034206?ref_src=twsrc%5Etfw">May 18, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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See Also: <a href="https://www.benzinga.com/25/05/45486095/bitcoin-breaks-107000-ethereum-dips-dogecoin-rallies-as-greed-sentiment-takes-over-analyst-predicts-great-6-8-week-period">Bitcoin Breaks $107,000, Ethereum Dips, Dogecoin Rallies As &#8216;Greed&#8217; Sentiment Takes Over: Analyst Predicts BTC &#8216;Primed&#8217; For A New All-Time High</a>
Why It Matters: The aptitude scores offer insight into Musk&#8217;s early technical abilities, long before founding companies like SpaceX and becoming CEO of Tesla. These early <a href="https://www.benzinga.com/personal-finance/25/05/45336279/elon-musks-77-year-old-mom-says-i-have-to-sleep-in-the-garage-and-on-floor-blankets-when-visiting-her-son-richest-man-in-the-world-we-adapt">indicators of technical prowess</a> preceded his emergence as the world&#8217;s richest individual, currently worth over $381 billion according to the Bloomberg Billionaires Index.
Despite her son&#8217;s immense wealth, Maye Musk recently revealed she sleeps in modest accommodations when visiting him. &#8220;You can&#8217;t have a fancy house near a rocket site,&#8221; she <a href="https://www.benzinga.com/personal-finance/25/05/45336279/elon-musks-77-year-old-mom-says-i-have-to-sleep-in-the-garage-and-on-floor-blankets-when-visiting-her-son-richest-man-in-the-world-we-adapt">explained in a previous interview</a>, referencing his Texas SpaceX facility.
Maye has frequently <a href="https://www.benzinga.com/general/entertainment/24/07/39657381/elon-musks-mother-recounts-time-her-children-used-to-ask-for-food-she-couldnt-afford-after-">recounted the family&#8217;s humble beginnings</a> following her 1979 divorce, when financial constraints meant feeding her children bean stew rather than expensive cereals. &#8220;I remember Elon saying, &#8216;I always wanted Coco Pops, but we only got Raisin Bran,'&#8221; she told Fox News.
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</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Success Stories

General

TSLA

Elon Musk's Mother Shares 1989 Aptitude Test Results Revealing 'Highest Engineering Aptitude' Score Of Tesla CEO At Age 17

Macro Economic Events

Econ #s

Economics

Reported Earlier, Chinese Unemployment Rate For April 5.1% Vs. 5.2% Est.; 5.2% Prior

Reported Earlier, China Industrial Production Year to Date (YoY) For April 6.4% Vs. 6.5% Prior

Reported Earlier, China Industrial Production (YoY) For April 6.1% Vs. 5.7% Est.; 7.7% Prior

Reported Earlier, China Fixed Asset Investment (YoY) For April 4.0% Vs. 4.4% Est.; 4.2% Prior

Sohu.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOHU#NASDAQ">SOHU</a>) reported quarterly losses of $(0.55) per share. This is a 15.38 percent increase over losses of $(0.65) per share from the same period last year. The company reported $135.65 million in sales this quarter. This is a 2.69 percent decrease over sales of $139.39 million the same period last year.

SOHU

Sohu.com Q1 Adj. EPS $(0.55) Up From $(0.65) YoY, Sales $135.65M Down From $139.39M YoY

Last week, Alphabet Inc. (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>) CEO Sundar Pichai revealed that the tech giant once came close to acquiring Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>).
What Happened: In a new interview on the All-In Podcast, Pichai was asked by David Friedberg about the biggest regrets or missed opportunities during his tenure as CEO.
While Pichai said that he tries not to dwell on regrets, when pressed further, he acknowledged one major what-if: Netflix.
"Maybe Netflix, right?" Pichai said. "We debated Netflix at some point super intensely inside."
"I wouldn't call it regrets, but you always look back … in a world of butterfly effects, there were alternate paths, but maybe they are in a different part of the multiverse."
See Also: <a href="https://www.benzinga.com/tech/25/05/45484235/facebook-vs-orkut-one-became-meta-with-a-1-6-trillion-market-cap-the-other-was-shut-down-by-google-heres-why">Facebook Vs. Orkut: One Became Meta With A $1.6 Trillion Market Cap, The Other Was Shut Down By Google: Here&#8217;s Why</a>
Pichai also discussed Alphabet's broader innovation strategy, noting that despite appearing as a holding company, Alphabet focuses deeply on technology-first solutions.
"We are not just looking to invest capital in other attractive businesses," he said, adding that the company looks for problems where its technology and R&amp;D can provide a differentiated value proposition.
He cited innovations like Waymo, Google Cloud and AI advancements through Gemini and DeepMind as examples of Alphabet's approach to incubating transformative businesses rooted in foundational research.
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Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Why It&#8217;s Important: Over the years, Google has made several <a href="https://www.benzinga.com/25/04/44986406/if-you-invested-1000-in-google-stock-when-it-acquired-youtube-heres-how-much-youd-have-today">successful acquisitions</a> like YouTube, Android and Waze.
While Netflix focused early on original, data-driven content and global productions to become a major entertainment player, Google prioritized user-generated content through YouTube.
The two companies took different paths: Netflix bet on premium storytelling, while Google emphasized scale and creator-driven platforms.
In April, Alphabet <a href="https://www.benzinga.com/25/04/44995955/alphabet-q1-earnings-highlights-google-search-youtube-cloud-show-robust-momentum">reported first-quarter revenue</a> of $90.23 billion, marking a 12% increase from the same period last year. The figure surpassed the Street consensus estimate of $89.2 billion. YouTube advertising revenue came in at $8.9 billion, ahead of the expected $8.1 billion.
Netflix <a href="https://www.benzinga.com/general/entertainment/25/04/44877995/netflix-crushes-q1-says-its-working-hard-to-improve-and-expand-its-offering">reported first-quarter revenue</a> of $10.54 billion, reflecting a 12.5% year-over-year increase. The result slightly exceeded the Street consensus estimate of $10.52 billion.
Price Action: In after-hours trading, Alphabet Inc.&#8217;s Class A shares dropped 1.64%, and Class C shares slipped 1.54%. Meanwhile, Netflix shares declined by 0.88%, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Alphabet has a growth score of 66.98% based on Benzinga Edge Stock Rankings. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to compare it with other companies</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/19003110/Screenshot-2025-05-19-at-10.01.04%E2%80%AFAM.png" alt="" class="wp-image-919188" /></a></figure>
Check out more of Benzinga&#8217;s Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/tech/25/04/45090992/mark-zuckerberg-warns-of-serious-disadvantage-as-chinas-data-center-blitz-could-let-deepseek-leapfrog-us-ai-labs" target="_blank" rel="noreferrer noopener">Mark Zuckerberg Warns Of ‘Serious Disadvantage&#8217; As China&#8217;s Data-Center Blitz Could Let DeepSeek Leapfrog US AI Labs</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with&nbsp;the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was&nbsp;reviewed and published by Benzinga editors.

Tech

GOOG

GOOGL

NFLX

Sundar Pichai Reveals Google-Parent Once Super Intensely Debated About Buying Netflix: 'In A World Of Butterfly Effects…'

Pepe and cryptocurrencies tied to "Kekius Maximus" rallied Sunday night after tech mogul Elon Musk changed his X avatar to one centered on the fictional character.
What happened: Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)-based Kekius Maximus soared 7% in the last 24 hours to a market capitalization of $1.8 million, <a href="https://coinmarketcap.com/currencies/kekius-maximus-army/">according </a>to CoinMarketCap.
Alongside, Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)-based frog-themed PEPE popped over 5%, becoming one of the market's biggest gainers in the 24-hour period. Notably, PEPE's trading volume nearly tripled to $2.19 billion, making it the second-most traded meme coin after Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>).
Top Gainer (24-Hours)
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<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 12:30 a.m. ET)</td>
</tr>
<tr>
<td>Kekius Maximus (KM) </td>
<td>+7.76%</td>
<td>$0.001782</td>
</tr>
<tr>
<td>Pepe (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>)</td>
<td>+5.22%</td>
<td>$0.00001295</td>
</tr>
</tbody>
</table>
</figure>
The rally comes after Musk changed his X profile name to Kekius Maximus and updated his profile picture, depicting him as an ancient warrior called &#8220;Emperor Kekius Maximus.&#8221;
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="596" height="496" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/19004130/Screenshot-2025-05-19-at-13.41.13.png" alt="" class="wp-image-919195" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/19004130/Screenshot-2025-05-19-at-13.41.13.png 596w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/19004130/Screenshot-2025-05-19-at-13.41.13-300x250.png 300w" sizes="(max-width: 596px) 100vw, 596px" /></figure>
Screenshot From Elon Musk&#8217;s X Account
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/25/05/45427302/anthony-scaramucci-forecasts-bitcoin-will-be-deemed-asset-class-akin-to-gold-when-it-reaches-500000">Anthony Scaramucci Says Once Bitcoin Hits $500,000 It Will Be Considered An Asset Class Just Like Gold</a>
Kekius Maximus—a combination of "Pepe the Frog" and &#8220;Maximus Decimus Meridius,&#8221; the iconic character from the movie Gladiator—shot to prominence after <a href="https://www.benzinga.com/24/12/42739155/elon-musk-changes-his-name-to-kekius-maximus-on-x-sending-to-memecoin-skyrocketing-over-600">Musk used it as his X profile name</a> on New Year's Eve 2024. The coin exploded 600%, accumulating millions in market capitalization.
However, the asset lost all its gains after Musk abandoned the avatar. Since then, the speculative asset has <a href="http://benzinga.com/25/03/44429523/elon-musks-new-x-post-sends-kekium-maximus-soaring-75frog-themed-pepe-also-rallies">experienced brief bursts of dramatic growth</a>, aided, of course, by Musk&#8217;s social media activity.
Benzinga Note: Investing in meme coins that lack community support is highly speculative and involves significant risk. They often lack intrinsic value and are driven by market sentiment, social media trends, and speculative trading.
Shutterstock/Joshua Sukoff
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45428552/peter-schiff-once-questioned-wisdom-of-hodling-ethereum-at-1200-since-then-the-second-largest-crypto-has-soared-116">Peter Schiff Once Questioned Wisdom Of HODLing Ethereum At $1,200 —Since Then, The Second-Largest Crypto Has Soared 116%</a></li>
</ul>

Movers

$DOGE

$PEPE

$SOL

Elon Musk's New 'Emperor Kekius Maximus' Avatar Sends Pepe And This Namesake Coin Rallying

As Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) pursues fresh all-time highs, Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) Chairman Michael Saylor&#8217;s wealth multiplication strategies for average wage earners, revolving around the apex cryptocurrency, are back in the spotlight.
What Happened:&nbsp;In a recent interview with podcaster Natalie Brunell, Saylor was asked&nbsp;about the best strategies for an average person to grow their wealth by 100x. 
Saylor advised traders not to quit their jobs and avoid extravagant spending on luxury items like sports cars like Ferrari and yachts, which he described as &#8220;obscenely expensive.&#8221;
&#8220;You would be better invested in an asset that&#8217;s going up 30% a year for the next 20 years, Saylor said, suggesting they rather buy Bitcoin, which he estimates will balloon to $13 million apiece by 2045.
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See Also:&nbsp;<a href="https://benzinga.com/25/05/45486095/bitcoin-breaks-107000-ethereum-dips-dogecoin-rallies-as-greed-sentiment-takes-over-analyst-predicts-great-6-8-week-period" target="_blank" rel="noreferrer noopener">Bitcoin Breaks $107,000, Ethereum Dips, Dogecoin Rallies As &#8216;Greed&#8217; Sentiment Takes Over: Analyst Predicts BTC &#8216;Primed&#8217; For A New All-Time High</a>
He further recommended leveraging mortgage debt to invest in Bitcoin. 
&#8220;If I have any kind of property you know, if I have a house, I would put a long mortgage on it, a 10-year mortgage or a 15 or 20-year mortgage on it, especially a conforming loan and then I would roll it into Bitcoin,&#8221; Saylor said. &#8220;It&#8217;s the cheapest form of permanent capital that someone can get.&#8221;
Saylor&#8217;s argument was that mortgage debt is secured against a &#8220;fairly stable&#8221; asset and the interest rates are subsidized by the government. However, data showed that mortgage rates have been steadily rising.
The 30-year fixed mortgage rate <a href="https://www.benzinga.com/news/25/05/45311797/the-financial-hurdles-to-owning-a-home-have-rarely-been-higher-says-bmo-as-fed-holds-rates-extending-wait-for-homebuyers">shot up to 6.90%</a> for the week ending May 9, up from 6.81% the previous week and reaching the highest level in two months. This marked a sharp increase from the 3.5% rates seen before 2022 that resulted in a Covid-era housing boom.
Why It Matters:&nbsp;Saylor&#8217;s advice underscored his belief in Bitcoin as a long-term investment. One of the most vocal advocates of the apex cryptocurrency, he has put his money where his mouth is, driving his firm Strategy to the forefront of Bitcoin&#8217;s corporate adoption. As of this writing, Strategy held a stash worth over $59 billion as of this writing,&nbsp;<a href="https://bitcointreasuries.net/" target="_blank" rel="noreferrer noopener">according&nbsp;</a>to bitcointreasuries.net.
Price Action:&nbsp; At the time of writing, Bitcoin was exchanging hands at $104,165.07, up 0.98% in the last 24 hours, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>. The cryptocurrency briefly rose above $107,000 late Sunday evening.
Shares of Strategy closed 0.70% higher at $399.80 during Friday&#8217;s regular session.
MSTR stock exhibited a very high momentum score as of this writing. To find out which other companies logged a momentum score in excess of 90, visit&nbsp;<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Benzinga Edge Stock Rankings</a>.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="500" height="185" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/18232642/Screenshot-2025-05-19-085624.png" alt="" class="wp-image-919132" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/18232642/Screenshot-2025-05-19-085624.png 500w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/18232642/Screenshot-2025-05-19-085624-300x111.png 300w" sizes="(max-width: 500px) 100vw, 500px" /></figure>
Photo Courtesy: wedmoments.stock On Shutterstock.com
Read Next:&nbsp;
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<li><a href="https://benzinga.com/markets/cryptocurrency/25/05/45485038/robert-kiyosaki-predicts-bitcoin-to-reach-250000-buy-more-do-not-sell" target="_blank" rel="noreferrer noopener">Robert Kiyosaki Predicts Bitcoin To Reach $250,000: &#8216;Buy More. Do Not Sell&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

MSTR

Michael Saylor Has A Tip For Average People Looking To Grow Their Wealth By 100x, But He Doesn't Want You To Quit Your Job To Invest In Bitcoin

Tom Lee, co-founder and research head at Fundstrat Global Advisors, endorsed Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) on Sunday, writing &#8220;bitcoin is the way&#8221; in response to Strike CEO Jack Mallers&#8216; prediction that the cryptocurrency is poised to &#8220;go nuclear.&#8221;
What Happened: Mallers, whose Zap company created the popular no-fee Bitcoin Lightning Network app Strike, argued in a video that economic conditions are creating perfect circumstances for Bitcoin&#8217;s rise, particularly citing government monetary policies.
&#8220;They&#8217;re gonna have to print so much money,&#8221; Mallers said. &#8220;Bitcoin is really priced with how much currency slashing around in the world and in order for all of this to work, we have to debase our current value, our debt, and we have to create more.&#8221;
The endorsements come as <a href="https://www.benzinga.com/25/05/45486095/bitcoin-breaks-107000-ethereum-dips-dogecoin-rallies-as-greed-sentiment-takes-over-analyst-predicts-great-6-8-week-period">Bitcoin touched $107,000 Sunday</a>, its highest level in nearly four months. The cryptocurrency has gained over 11% this month, with trading volumes increasing by almost 50% in the latest rally.
See Also: <a href="https://www.benzinga.com/25/05/45486040/chuck-schumer-raises-concerns-over-trump-and-doge-impact-on-us-coast-guard-after-mexican-ship-collides-with-brooklyn-bridge-we-know-theyve-been-meddling">Chuck Schumer Raises Concerns Over Trump And DOGE Impact On US Coast Guard After Mexican Ship Collides With Brooklyn Bridge: &#8216;We Know They&#8217;ve Been Meddling&#8217;</a>
Why It Matters: Market sentiment remains bullish despite $575 million in cryptocurrency liquidations over the past 24 hours. The Crypto Fear and Greed Index registered a &#8220;Greed&#8221; reading of 74, <a href="https://www.benzinga.com/25/05/45486095/bitcoin-breaks-107000-ethereum-dips-dogecoin-rallies-as-greed-sentiment-takes-over-analyst-predicts-great-6-8-week-period">suggesting potential buying pressure ahead</a>.
Cryptocurrency analyst Michaël van de Poppe believes Bitcoin is &#8220;primed for a new ATH [all-time high],&#8221; noting that &#8220;altcoins are outperforming Bitcoin on every move upwards.&#8221; Bitcoin&#8217;s previous record high of $109,114.88 was set on January 20.
Robert Kiyosaki, author of &#8220;Rich Dad Poor Dad,&#8221; recently predicted Bitcoin could reach $250,000 this year, urging followers to &#8220;buy more&#8221; and &#8220;do not sell,&#8221; citing <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45485038/robert-kiyosaki-predicts-bitcoin-to-reach-250000-buy-more-do-not-sell">what he describes as the imminent collapse</a> of the &#8220;Marxist Central Bank system.&#8221;
The cryptocurrency surge contrasts with traditional markets, as U.S. stock futures declined Sunday following Moody&#8217;s downgrade of the <a href="https://www.benzinga.com/25/05/45486095/bitcoin-breaks-107000-ethereum-dips-dogecoin-rallies-as-greed-sentiment-takes-over-analyst-predicts-great-6-8-week-period">U.S. long-term credit rating</a>.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo Courtesy: Yalcin Sonat on Shutterstock.com

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