Últimas noticias sobre Wolfspeed (NYSE:WOLF) Bolsa

WOLFSPEED INC

Wolfspeed

Wolfspeed Inc is involved in the manufacturing of wide bandgap semiconductors. It is focused on silicon carbide and gallium nitride materials and devices for power and radio-frequency (RF) applications. The company serves applications such as transportation, power supplies, inverters, and wireless systems. Geographically, it derives a majority of its revenue from Europe and the rest from the United States, China, Hong Kong, Asia Pacific, and other regions.

Pinterest,Mobile,App,On,The,Screen,Smartphone,Iphone,Closeup.,Pinterest

News

Pre-Market Outlook

Markets

Movers

Trading Ideas

CETY

CRVS

FIGS

GDOT

GMED

IOVA

JBIO

NCNA

PINS

PROF

SHPH

TMDX

VEEE

WOLF

WORX

ZKIN

Pinterest sube un 12,7 % tras superar ingresos del primer trimestre y aumentar usuarios mensuales. Otras acciones también reaccionan.

Acciones de Pinterest (PINS) se disparan un 13%; Aquí están 20 acciones que se mueven en el premercado

Market.StockMarket.Businesswoman

Equities

NVDA

PLUG

PONY

TSLA

Descubre qué impulsó las subidas espectaculares de Plug Power, Pony AI y Wolfspeed y qué frenó a NVIDIA y Tesla.

Plug Power, Pony AI, Wolfspeed, Nvidia y Tesla: 5 acciones que están en el radar de los inversores

Earnings

INTU

Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este jueves: BJ, WOLF, WSM, ZM y INTU.

5 acciones en el foco este jueves: BJ, WOLF, WSM, ZM y INTU

Wolfspeed Inc

WOLF ENERGY SERVICES INC by Wolf Energy Services Inc.

Wolf Energy Services Inc

Wolfden Resources Corp

Renowned investor Cathie Wood spotlighted an analyst&#8217;s views about the transformative potential of cryptocurrency and artificial intelligence in the financial services sector on Sunday.
What Happened: In an X post, Wood, the CEO of ARK Invest, recommended a podcast episode featuring Nikil Viswanathan, co-founder&nbsp;and CEO of web3 development&nbsp;platform Alchemy. 
In the podcast, Vishwanathan said, &#8220;Crypto&nbsp;is fundamentally the rails that&nbsp;AI is going to run&nbsp;on.&#8221; He explained the underlying gap that existed in how AI agents executing various services transact.
&#8220;AI cannot get a bank account. AI cannot walk into a branch. AI cannot have a cheque book,&#8221; Viswanathan added. He said that while individuals can give agents their own account, banks won&#8217;t allow the agents to use them.
&#8220;Even more than humans, crypto was made for AI,&#8221; he stated.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">If you would like to understand from a high level how crypto and AI are going to transform financial services and asset ownership over the next ten years, this podcast is one of the best we have done. Thank you <a href="https://twitter.com/nikil?ref_src=twsrc%5Etfw">@nikil</a> and Alchemy! <a href="https://t.co/cVCL99Wqmv">https://t.co/cVCL99Wqmv</a>
&mdash; Cathie Wood (@CathieDWood) <a href="https://twitter.com/CathieDWood/status/1921293629768761677?ref_src=twsrc%5Etfw">May 10, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/05/45335892/decade-old-bitcoin-whale-emerges-transfers-207-51-million-btc-with-nearly-112000-profit" target="_blank" rel="noreferrer noopener">Decade-Old Bitcoin Whale Emerges, Transfers $207.51 Million BTC With Nearly 112,000% Profit</a>
Spiker Helms, an X user, questioned why the agents cannot utilize credit cards for transactions. In response, a blockchain enthusiast using the alias look black talk white argued that an AI agent cannot fill out details such as first name, last name, and date of birth to obtain a credit card.
Why It Matters: Wood&#8217;s bullish stance on cryptocurrency and AI isn&#8217;t new. In a recent interview, <a href="https://www.benzinga.com/25/05/45319531/cathie-wood">she stated that AI</a> would &#8220;disrupt the traditional world order&#8221; and replace search engines like Google.
As for cryptocurrency, she and her firm have consistently maintained a bullish outlook on Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), the world&#8217;s leading cryptocurrency. She<a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45335755/cathie-wood-stands-firm-on-bold-700000-bitcoin-prediction-for-investors-says-bull-case-in-the-1-5-million-range"> reaffirmed that BTC</a> would hit a minimum of $700,000 in the coming years, a surge of at least 580% from its current value.
Price Action:  At the time of writing, Bitcoin was exchanging hands at $103,963.03 up 0.01% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.
Photo Courtesy: aslysun on Shutterstock.com 
Read Next: 
<ul class="wp-block-list">
<li><a href="https://benzinga.com/economics/macro-economic-events/25/05/45339503/recession-odds-fall-below-50-on-polymarket-as-crypto-bettors-assess-the-us-china-trade-deal" target="_blank" rel="noreferrer noopener">Recession Odds Fall Below 50% On Polymarket As Crypto Bettors Digest US-China Trade Deal News</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

Cathie Wood Highlights Analyst's Take: 'More Than Humans, Crypto Was Made For AI'

Bhutan, the Himalayan kingdom known for its emphasis on Gross National Happiness, is strategically leveraging its abundant hydropower resources to fuel investments in green energy initiatives and Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) mining, according to Ujjwal Deep Dahal, CEO of Druk Holdings and Investments, the nation&#8217;s sovereign wealth fund.
What Happened: Despite its modest size, with approximately $3 billion in assets under management compared to giants like Norway&#8217;s or Singapore&#8217;s Temasek (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TMSKF#OTC">TMSKF</a>), DHI aims for efficiency and targeted growth, the Fortune <a href="https://fortune.com/asia/2025/05/11/bhutan-sovereign-wealth-fund-bitcoin-green-energy/">reported</a> on Sunday. 
Dahal, in a recent interview, emphasized that &#8220;size does not matter,&#8221; highlighting the fund&#8217;s focus on strategic investments to diversify Bhutan&#8217;s economy and attract foreign capital.
Hydropower forms the cornerstone of Bhutan&#8217;s ambitious plans. With 2.5 gigawatts of current capacity and an additional 3 gigawatts under construction, the country intends to become a hub for green energy technologies, including pump storage and hydrogen power. Dahal believes Bhutan&#8217;s unique position allows for rapid testing and deployment of these technologies, with the potential for global scaling.
See Also: <a href="https://www.benzinga.com/markets/25/05/45339384/dow-futures-rally-over-400-points-as-us-china-come-to-agreement-in-geneva-trade-talks">Dow Futures Rally Over 400 Points As US, China &#8216;Come To Agreement&#8217; In Geneva Trade Talks</a>
Why It Matters: In a notable move, Bhutan has emerged as a <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44856786/bhutan-flexes-hydropower-for-bitcoin-mining-explores-sale-of-green-coins">significant holder of Bitcoin</a>, initiated through mining operations in 2019. Dahal contends that utilizing the nation&#8217;s green hydropower for crypto mining offsets carbon emissions associated with traditional mining methods. 
Dahal views Bitcoin as &#8220;a parallel to digital gold&#8221; and part of a broader strategy for alternative investments. Blockchain analytics platform Arkham estimates Bhutan&#8217;s Bitcoin holdings to be worth over $646 million as of April, <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44856786/bhutan-flexes-hydropower-for-bitcoin-mining-explores-sale-of-green-coins">surpassing even El Salvador&#8217;s reserves</a>.
Bhutan is also developing the Gelephu Mindfulness City, <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42892791/bhutans-special-administrative-region-announces-strategic-reserve-consisting-of-bitcoin-ethereum-bnb-coin-bhutan-is-open-to-other-cryptos-says-changpeng-cz-zhao">a special administrative region designed</a> to be an economic corridor connecting South and Southeast Asia. 
This zone aims to attract businesses in sectors like healthcare, technology, and green energy, fostering innovation and startup culture, according to Dahal. The city will also incorporate a strategic reserve of cryptocurrencies, including Bitcoin, Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), and Binance Coin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/bnb/usd">BNB</a>), to bolster economic resilience.
Photo Courtesy: Framalicious On Shutterstock.com
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/movers/25/05/45339289/bitcoin-taps-105000-ethereum-steady-dogecoin-falls-as-us-announces-china-trade-deal-analyst-says-btc-in-for-a-price-discovery-uptrend-if-it-secures-a-weekly-close-above-this-lev">Bitcoin Taps $105,000, Ethereum Steady, Dogecoin Falls As US Announces China Trade Deal: Analyst Says BTC In For A &#8216;Price Discovery Uptrend&#8217; If It Secures A Weekly Close Above This Level</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

$BNB

$ETH

TMSKF

Bitcoin Bet Just One Arrow In Bhutan's Quiver As It Hunts Gross National Happiness: Tiny Kingdom's Sovereign Wealth Fund Not Deterred By Size

<ul>
<li>Late-breaking results from the open-label compensated MASH cirrhosis (F4c) arm of the Phase 3 MAESTRO-NAFLD-1 trial presented at the EASL Congress</li>
<li>65% of patients with clinically significant portal hypertension (CSPH) at baseline moved into lower risk categories by year two</li>
<li>Patients achieved a mean 6.7 kPa reduction in liver stiffness, which was statistically significant compared to baseline</li>
</ul>

MDGL

Reported Saturday, Madrigal's Rezdiffra Shows Significant Two-Year Improvements In Liver Stiffness And Portal Hypertension Risk In MASH Cirrhosis Patients

With thoughtfully designed spaces and guest experiences focused on connection, Crowne Plaza remains a top choice for hybrid travellers in the Middle East

IHG's Crowne Plaza Sets New Standard in Work-Leisure Integration As Wellness And Tech Shape Travel In The Middle East

<ul>
<li>Participants achieved an average weight loss of 20.2% with Zepbound vs. 13.7% with Wegovy</li>
<li>In key secondary endpoints,&nbsp;Zepbound was superior to Wegovy across all weight reduction targets and waist circumference reduction</li>
</ul>

Reported Earlier, Zepbound (Tirzepatide) Outperforms Wegovy In Head-To-Head Study, Delivering Over 20% Average Weight Loss Over 72 Weeks

GWRE

Reported Earlier, Guidewire And Mitsui Direct Announce Strategic Cloud Migration To Drive Claims Innovation And Digital Growth

PAAS

Reported Earlier, Pan American Silver To Acquire MAG Silver In $2.1B Deal, Adding Strategic Stake In Tier-One Juanicipio Silver Mine

Billionaire investor and the CEO of Pershing Square, Bill Ackman, flagged the contribution of various subsidies to the mounting U.S. debt and appreciated President Donald Trump for proposing an order to cut the drug prices, quoting his earlier suggestion.
What Happened: In an X post, Ackman highlighted that the U.S. has subsidized the world in trade, defense, drugs, and NGOs, contributing to the $37 trillion national debt.
However, he appreciated Trump, calling him the &#8220;first president in history to rectify the situation,&#8221; after he announced in a Truth Social post that he would be signing an executive order on Monday, cutting the drug prices in the U.S.
<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">The United States has subsidized the world on trade, defense, drugs, ‘NGOs,' and more. Our global subsidy has contributed to our $37 trillion of national debt. President <a href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw">@realDonaldTrump</a> is the first president in history to rectify the situation. He deserves enormous credit for… <a href="https://t.co/qlkdMr5aQ1">https://t.co/qlkdMr5aQ1</a>
&mdash; Bill Ackman (@BillAckman) <a href="https://twitter.com/BillAckman/status/1921707786766885017?ref_src=twsrc%5Etfw">May 11, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Ackman also shared his post dated March 8 and said, Trump &#8220;must have liked my idea,&#8221; where he penned his suggestions regarding the drug prices and pharma industry.
According to his old post, the best way to reduce drug prices in the U.S. was to make it illegal for drug companies to sell the same drugs abroad for lower prices.
&#8220;This will force a globally negotiated price that will be lower than the prices that U.S. consumers pay now and higher than what foreigners pay now,&#8221; he added.
<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">The best way to reduce drug prices in the U.S. is to make it illegal for drug companies to sell the same drugs abroad for lower prices than they sell them for here. This will force a globally negotiated price that will be lower than the prices that U.S. consumers pay now and…
&mdash; Bill Ackman (@BillAckman) <a href="https://twitter.com/BillAckman/status/1765934089473802369?ref_src=twsrc%5Etfw">March 8, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/government/regulations/25/05/45314812/mark-cuban-slams-memecoins-says-they-set-a-bad-example-for-new-crypto-investors">Mark Cuban Slams Memecoins, Says They Set A &#8216;Bad Example&#8217; For New Crypto Investors</a>
Why It Matters: Trump, in a Truth Social post, said that he will sign an executive order on Monday at 9:00 a.m. ET, which will lead the prescription drug and pharmaceutical prices to drop by 30% to 80%.
&#8220;They will rise throughout the World in order to equalize and, for the first time in many years, bring FAIRNESS TO AMERICA! I will be instituting a MOST FAVORED NATION'S POLICY whereby the United States will pay the same price as the Nation that pays the lowest price anywhere in the World,&#8221; he added.
Trump also believes that healthcare costs in the U.S. will be reduced after this move, and it would save &#8220;trillions of dollars.&#8221;
<figure class="wp-block-image size-full"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/12022209/Screenshot-2025-05-12-at-11.51.46%E2%80%AFAM.png" alt="" class="wp-image-911327" /></figure>
Price Action: The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, fell on Friday. The SPY was down 0.13% to $564.34, while the QQQ declined 0.066% to $487.97, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
On Monday, the futures of S&amp;P 500, Dow Jones and Nasdaq 100 were trading higher ahead of the pre-open.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/government/regulations/25/05/45311562/mohamed-el-erian-flags-adverse-implications-for-domestic-industries-as-chinas-exports-rise-8-despite-21-drop-in-us-shipments">Mohamed El-Erian Flags &#8216;Adverse Implications&#8217; For Domestic Industries As China&#8217;s Exports Rise 8% Despite 21% Drop In US Shipments</a></li>
</ul>
Photo: Leonard Zhukovsky/Shutterstock

Government

Market Summary

Regulations

Broad U.S. Equity ETFs

Futures

Politics

ETFs

General

Bill Ackman Slams Subsidies For Contributing To $37 Trillion National Debt, Hails Trump's Drug Price Order

ADXN

INDV

Addex Therapeutics Announces Milestone As Indivior Completes Preclinical Phase Of GABAB Positive Allosteric Modulator Program

This update follows an earlier recommendation from the U.S. Advisory Committee on Immunization Practices (ACIP) to include a precaution related to the use of IXCHIQ&#xAE; in persons aged 65 and over and a similar decision by the European Medicines Agency (EMA) to temporarily suspend the use of the vaccine for individuals over 65 years old pending investigation.

VALN

Valneva's IXCHIQ Use In Elderly Paused By FDA And CDC Amid Ongoing Review Of Serious Adverse Events

Caledonia Mining (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/CMCL#AMEX">CMCL</a>) reported quarterly earnings of $0.58 per share. This is a 117.47 percent increase over earnings of $0.27 per share from the same period last year. The company reported $56.20 million in sales this quarter. This is a 45.87 percent increase over sales of $38.53 million the same period last year.

CMCL

Caledonia Mining Q1 Adj. EPS $0.58 Up From $0.27 YoY, Sales $56.20M Up From $38.53M YoY

OpenAI is reportedly in high-stakes negotiations with Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) to revise the terms of their multibillion-dollar partnership.
What Happened: A key sticking point of the negotiation is how much equity Microsoft will receive in the <a href="https://www.benzinga.com/markets/25/05/45213089/openai-reverses-course-as-sam-altman-says-nonprofit-will-remain-in-control-amid-elon-musks-lawsuit-and-investor-pushback">restructured OpenAI entity</a> in exchange for its more than $13 billion investment to date, reported the Financial Times, <a href="https://www.ft.com/content/8d9e5149-7e4f-4886-a035-9d200204972a">citing</a> multiple sources.
Talks also involve revising an existing contract, signed when Microsoft first invested $1 billion in 2019, that governs access to OpenAI's intellectual property and outlines a revenue-sharing arrangement.
See Also:&nbsp;<a href="https://www.benzinga.com/25/04/44778760/netflix-debuts-openai-backed-search-engine-that-lets-you-discover-movies-and-tv-shows-based-on-emotions-not-just-titles" target="_blank" rel="noreferrer noopener">Netflix Debuts OpenAI-Backed Search Engine That Lets You Discover Movies And TV Shows Based On Emotions, Not Just Titles</a>
As per the report, Microsoft may be willing to relinquish some of its equity in exchange for extended access to OpenAI's future technologies beyond 2030, when the current agreement expires.
Why It's Important: Last week, it was reported that OpenAI plans to <a href="https://www.benzinga.com/25/05/45244190/microsoft-faces-fresh-revenue-hit-as-openai-plans-to-reduce-payouts-by-2030-report">cut the revenue share it pays</a> to Microsoft by at least half by 2030.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
OpenAI has also named Instacart CEO Fidji Simo to the <a href="https://www.benzinga.com/news/management/25/05/45277888/openai-taps-instacart-ceo-fidji-simo-as-chief-of-applications-sam-altman-to-focus-on-research-compute-and-safety-amid-superintelligence-push">newly established position</a> of CEO of Applications, where she will report directly to Sam Altman, as the AI giant reshapes its leadership in anticipation of future advancements in artificial intelligence.
Price Action: Per <a href="http://pro.benzinga.com/">Benzinga Pro</a>, Microsoft shares have risen 1.35% over the past five days.
According to Benzinga Edge Stock Rankings, MSFT holds a strong growth score of 65.30%, highlighting its solid market momentum. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it stacks up against other top-performing stocks</a>.
Photo Courtesy: Ascannio On Shutterstock.com
Read Next:
<ul class="wp-block-list">
<li><a href="https://benzinga.com/markets/25/04/44891778/nvidia-not-acting-in-us-interests-says-chamath-palihapitiya-questions-how-alibaba-or-deepseek-are-one-step-ahead" target="_blank" rel="noreferrer noopener">Nvidia Not Acting In US Interests, Says Chamath Palihapitiya — Questions, How Alibaba Or DeepSeek Are One Step Ahead</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tech

Media

MSFT

OpenAI's IPO Ambitions Hang In The Balance As Microsoft Negotiates Equity: Report

Investing legend Peter Lynch warned investors that "the sucker's going up is not a good reason" to buy a stock, chastising traders who chase high-flyers without understanding the businesses behind them.
What Happened: Lynch's caution, which came in a rare CNBC <a href="https://www.youtube.com/watch?v=U-6fv09KCDw">interview</a>, carries weight. He steered Fidelity's Magellan Fund to an average 29.2% annual return from 1977 to 1990, a run that more than doubled the S&amp;P 500 and turned $20 million into $14 billion. The Boston native also popularized the motto &#8220;invest in what you know,&#8221; reminding savers that only a handful of "<a href="https://www.benzinga.com/markets/25/05/45338212/peter-lynchs-market-advice-if-you-have-lot-of-stocks-some-will-do-mediocre-some-will-do-okay-if-one-or-two-go-up-big-time-you-produce-a-fabulous-result">ten-baggers</a>" can offset inevitable losers.
In the April 2023 interview, Lynch lamented that many shoppers &#8220;are careful when they buy a refrigerator," yet will drop thousands on a tip heard &#8220;on the bus,&#8221; skipping even a cursory balance-sheet check. His fix requires a clear, fact-based thesis on why earnings, not momentum, should lift a stock.
See also: <a href="https://www.benzinga.com/25/05/45339953/apple-exec-says-iphone-users-are-ditching-google-search-now-chamath-palihaptiya-urges-the-tech-giant-to-stop-waiting-for-data-and-start-fighting-models-like-chatgpt">Apple Executive Says iPhone Users Are Ditching Google — Now Chamath Palihaptiya Urges The Search Giant To Stop Waiting For Data And Start Fighting Models Like ChatGPT</a>
He still hunts for companies "either in <a href="https://www.benzinga.com/news/25/03/44211455/peter-lynchs-evergreen-market-advice-if-you-cant-find-growth-companies-in-innings-three-through-five-look-at-turnarounds">turnaround mode</a> or poised to grow," singling out off-price retailer TJX, chip titan Nvidia, and earlier success stories Panera and Family Dollar as examples of the kind of "something different" narratives worth researching, though he stopped short of recommending any outright.
Even the maestro has regrets. &#8220;Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) was not that hard to understand. I mean, how dumb was I?&#8221; he admitted, adding that Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) became a &#8220;huge stock&#8221; after he passed. Still, Lynch insists his <a href="https://www.benzinga.com/markets/25/03/44067613/peter-lynchs-four-step-stock-market-guide-buy-what-you-know-read-presentations-know-market-cycle-and-summ">1989 playbook</a> holds up: turn over more rocks than the crowd, stay patient, and never let a chart do the thinking.
Why It Matters: Lynch isn&#8217;t the only one who believes in truly understanding a business through and through before investing in it. Warren Buffett, for one, likes to <a href="https://www.benzinga.com/markets/25/03/44067982/heres-how-warren-buffett-made-billions-from-an-industry-he-didnt-understand">pore over</a> annual reports like most people scroll social media.
Peter Lynch, like Buffett, also believes in locking in on prospects for the long run. In his book &#8216;Learn to Earn&#8217;, Lynch advocates for a twenty-year <a href="https://www.benzinga.com/markets/25/04/44780176/peter-lynchs-advice-for-successful-investors-stick-with-your-stocks-no-matter-what-ignore-so-called-smart-advice">investment horizon</a> as the ideal timeframe for stock market success. This span, he says, provides sufficient time to bounce back from market slumps and amass profits.
Photo Courtesy: Mameraman on Shutterstock.com
Read next: <a href="https://www.benzinga.com/25/05/45339966/bitcoin-creator-satoshi-nakamotos-estimated-wealth-crosses-bill-gates-amid-apex-cryptos-sharp-rebound">Bill Gates Left Behind By Satoshi Nakamoto: Bitcoin Creator&#8217;s Wealth Now Eclipses That Of Microsoft Co-Founder Amid Crypto&#8217;s Sharp Rebound</a>

AAPL

Peter Lynch Once Lamented People Are 'Careful' When They Buy A Fridge But Will 'Drop Thousands' On A Stock Tip They Heard On A Bus

Macro Economic Events

Econ #s

Economics

BBJP

WisdomTree Trust Japan Total Dividend Fund

Reported Earlier, Japan Current Account n.s.a. For March 3.678T Vs. 3.678T Est.; 4.061T Prior

Reported Earlier, Japan Adjusted Current Account For March 2.72T Vs. 2.42T Est.; 2.91T (Revised) Prior

Bitcoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) pseudonymous creator, Satoshi Nakamoto's estimated fortune has surged sharply, surpassing that of tech billionaire Bill Gates.
What happened: As of this writing, the wallet linked to Satoshi owned about $113.8 billion in Bitcoin, <a href="https://intel.arkm.com/explorer/entity/satoshi-nakamoto">according </a>to blockchain analytics firm Arkham.&nbsp;
Notably, the wealth of Microsoft co-founder Gates was <a href="https://www.forbes.com/real-time-billionaires/#50efce393d78">estimated </a>at $112.9 billion, according to Forbes&#8217; Real-Time Billionaires list. Had Satoshi been ranked here, they would be the 12th-wealthiest person in the world.
It is collectively believed that Satoshi owns roughly 1.1 million Bitcoin, making up 5% of the coin's circulating supply.
Currently, Tesla and SpaceX CEO Elon Musk is ranked first on this super-rich list, with an eye-popping fortune of $395.6 billion. Theoretically, for Satoshi to become the world's wealthiest, Bitcoin's price has to hit $360,000 or above, which is currently an unrealistic expectation.
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/25/05/45275169/ethereum-stagnant-after-pectra-upgrade-but-analyst-deems-the-overhaul-tailwind-that-could-power-eth-above-2000">Ethereum Flat After Pectra Upgrade, But Analyst Foresees Overhaul &#8216;Tailwind&#8217; That Could Take ETH Above $2,000</a>
Why It Matters: Nakamoto&#8217;s true identity is yet to be revealed and is a subject of intense speculation since the <a href="https://www.benzinga.com/money/who-is-satoshi-nakamoto">inception</a> of Bitcoin in 2009. <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41242615/peter-todd-is-satoshi-nakamoto-bitcoin-core-developer-denies-hbo-documentary-claims-im-not">Various figures</a>, including Bitcoin Core developers Peter Todd, Len Sassaman, and Nick Szabo have been linked to the mysterious personality over the years.
A documentary <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41179372/satoshi-nakamoto-about-to-be-unveiled-bitcoin-creators-identity-focal-point-of-upcoming-hb">titled </a>‘Money Electric: The Bitcoin Mystery" aired last year, <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41242615/peter-todd-is-satoshi-nakamoto-bitcoin-core-developer-denies-hbo-documentary-claims-im-not">claiming that Todd was Satoshi</a>. Todd was quick to deny the claim.
The surge in Satoshi&#8217;s wealth coincided with <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45339289/bitcoin-taps-105000-ethereum-steady-dogecoin-falls-as-us-announces-china-trade-deal-analyst-says-btc-in-for-a-price-discovery-uptrend-if-it-secures-a-weekly-close-above-this-lev">Bitcoin&#8217;s sharp recovery</a> induced by U.S.-China trade deal optimism.
Price Action:&nbsp; At the time of writing, Bitcoin was exchanging hands at $103,987.78, up 0.28% 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>. Over the last year, the coin has gained over 70%.
Photo Courtesy: Szabolcs Magyar On Shutterstock.com
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45277600/trumps-crypto-policy-like-a-large-buffet-says-anthony-scaramucci-you-have-to-eat-everything-at-the-table">Anthony Scaramucci Compares Trump&#8217;s Crypto Policy To Mar-A-Lago Buffet: &#8216;You Have To Eat Everything At The Table&#8217;</a></li>
</ul>

Bill Gates Left Behind By Satoshi Nakamoto: Bitcoin Creator's Wealth Now Eclipses That Of Microsoft Co-Founder Amid Crypto's Sharp Rebound

In the latest episode of the All-In Podcast, venture capitalist Chamath Palihapitiya and fellow co-hosts reacted to a revelation from Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) executive Eddy Cue stating that the tech giant witnessed a decline in its search volume last month—something that hasn't happened in 20 years.
What Happened: In the podcast, which was recorded on Thursday, Jason Calacanis mentioned Cue's statement, which the Apple executive made during his testimony for Alphabet Inc.'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.
"For the first time ever in over 20 — I think we've been at this for 22 years — last month, our search volume actually went down," Cue testified, citing the growing popularity of ChatGPT and Perplexity AI as emerging alternatives.
The news sent shockwaves through the tech sector. In the five days, Alphabet's class A shares declined by 6.27% while class C shares decreased by 6.24%, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
See Also:&nbsp;<a href="https://www.benzinga.com/25/04/44778760/netflix-debuts-openai-backed-search-engine-that-lets-you-discover-movies-and-tv-shows-based-on-emotions-not-just-titles" target="_blank" rel="noreferrer noopener">Netflix Debuts OpenAI-Backed Search Engine That Lets You Discover Movies And TV Shows Based On Emotions, Not Just Titles</a>
Calacanis then asked Palihapitiya if this is the time to panic. In response, the "SPAC King" called it a moment of reckoning.
He acknowledged that Google's Gemini remains one of the most impressive models in many domains, especially general information and chat. However, he said that the company is no longer enjoying its once-dominant 99% search market share.
Instead of waiting for more concrete data, Palihapitiya urged Google to assume a significant share erosion, potentially dropping to 75% within two years, and begin planning accordingly.
That planning, he said, should include aggressively positioning Gemini as the primary user-facing interface for Google.
But doing so, he warned, requires "taste and courage." Otherwise, Google risks being caught flat-footed while rivals like Apple, OpenAI and Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) quietly implement changes and only announce them after they've already made an impact.
That reactive mindset, he cautioned, could demoralize Google&#8217;s talented teams and leave the company trailing in an industry where momentum matters.
<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="Fed Hesitates on Tariffs, The New Mag 7, Death of VC, Google&#039;s Value in a Post-Search World" width="500" height="281" src="https://www.youtube.com/embed/g6HSFCQQ6O0?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>
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It's Important: Last month, Alphabet reported <a href="https://www.benzinga.com/25/04/44995955/alphabet-q1-earnings-highlights-google-search-youtube-cloud-show-robust-momentum">first-quarter revenue</a> of $90.23 billion, a 12% increase year-over-year that exceeded Wall Street's estimate of $89.2 billion. A major contributor to this growth was Google Search, which generated $50.7 billion in revenue, up from $46.2 billion in the same quarter last year.
As of March 2025, Google held a 79.1% share of the global desktop search engine market. While it still maintains a significant lead over its rivals, this marks the lowest market share the company has seen on desktop platforms in more than 20 years, according to Statista.
The German database company also noted that in January 2025, Google commanded 93.82% of the global mobile search engine market.
Photo Courtesy: JHVEPhoto on Shutterstock.com
Read Next: <a href="https://benzinga.com/markets/25/04/44891778/nvidia-not-acting-in-us-interests-says-chamath-palihapitiya-questions-how-alibaba-or-deepseek-are-one-step-ahead">Nvidia Not Acting In US Interests, Says Chamath Palihapitiya — Questions, How Alibaba Or DeepSeek Are One Step Ahead</a>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

GOOG

GOOGL

Apple Executive Says iPhone Users Are Ditching Google — Now Chamath Palihaptiya Urges The Search Giant To Stop Waiting For Data And Start Fighting Models Like ChatGPT

Fund manager and long-term Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) bull, Gary Black, is weighing in on the long-running debates surrounding the EV giant, the industry&#8217;s future, and trends such as autonomy and driverless ridesharing.
What Happened: On Sunday, in a long post on X, Black outlined how his past views on the electric vehicle maker have been validated in recent years, despite the pushback from Tesla&#8217;s investor community at the time, whom he dubs as the &#8220;TSLA faithful.&#8221;
&#8220;For years I argued TSLA would never hit 20 million deliveries by 2030,&#8221; Black says, referring to CEO Elon Musk's long-term volume target. &#8220;I was told Elon said they would, to which I asked, why do you listen to management?&#8221; 
He noted that Wall Street's current consensus figures for 2030 are now closer to 3.9 million units, and added that many Tesla bulls themselves have since pivoted to downplaying EV delivery volumes as a core valuation metric. 
See Also: <a href="https://www.benzinga.com/markets/25/05/45338228/chinas-ev-market-surges-past-us-and-europe-chinas-elon-musk-shares-two-stats-that-explain-why">China&#8217;s EV Market Surges Past US and Europe—&#8217;China&#8217;s Elon Musk&#8217; Shares Two Stats That Explain Why</a>
In his post, Black also criticized the company&#8217;s reluctance to embrace traditional advertising and public relations, arguing that as the market leader, it has to communicate the benefits of EVs to ICE (Internal Combustion Engine) vehicle owners to pave the way for broader adoption.
<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">Over the years I've had numerous debates with <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> faithful who have rejected my takes, only to come back later to admit I was right: 1/ 50% volume growth target &#8211; For years I argued that TSLA would never get to 20M vehicle deliveries by 2030 (25% industry share) and was told…
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1921171877260677289?ref_src=twsrc%5Etfw">May 10, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
On pricing, Black points out that Tesla&#8217;s margin-eroding price cuts in 2023 and 2024 failed to generate any meaningful volume growth, just as he had predicted. He also warns that further price moves with newer models could face similar outcomes.
Turning to autonomy, Black challenged the notion that Tesla is far ahead. &#8220;Here we are today with Waymo, AMZN, and Baidu all operating autonomous robotaxi networks,&#8221; he says, while Tesla has yet to receive a single deployment license. 
&#8220;Don't malign me for trying to inject some realism into the TSLA story,&#8221; Black says, as he turns his attention towards the growing claims from among the &#8220;faithful,&#8221; who now believe that Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) and LYFT Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) are set to go bankrupt with Tesla&#8217;s advances in autonomous driving.
In a follow-up Tweet, Black claimed that these ridesharing companies are set to benefit the most as autonomous mobility takes flight, as going driverless &#8220;reduces the cost per mile from $2/mile to $1/mile.&#8221; Black, whose firm holds a stake in both Tesla and Uber, maintains the latter&#8217;s price target at $120, representing an upside of 45%.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We own both <a href="https://twitter.com/search?q=%24UBER&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$UBER</a> and <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> for different reasons. Our investment thesis on <a href="https://twitter.com/search?q=%24UBER&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$UBER</a> is that as autonomy becomes table stakes for remaining in the automobile business, many auto manufacturers will achieve and be granted deployment licenses for unsupervised autonomy. <a href="https://twitter.com/search?q=%24UBER&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$UBER</a> with…
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1921351661903020335?ref_src=twsrc%5Etfw">May 10, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Despite being a long-time investor in Tesla, Black has been a vocal critic of the company in recent years, having regularly highlighted the <a href="https://www.benzinga.com/markets/equities/25/05/45214525/gary-black-flags-47-projected-drop-in-teslas-april-europe-sales-predicts-6-decline-in-2025-deliv">brand&#8217;s alarming sales</a> data this year, following Musk&#8217;s growing political involvement.
He has also repeatedly criticized the company's lack of marketing, calling it its &#8220;Achilles' heel,&#8221; a weakness he says not only affects sales but also leaves the <a href="https://benzinga.com/markets/equities/25/04/45091479/teslas-marketing-skills-remain-its-achilles-heel-says-gary-black-as-robotaxi-valuations-ignore-market-limitsfull-uber-lyft-profits-still-fall-short-of-2000-target">company at a disadvantage</a> with regulators.
Black, however, remains <a href="https://www.benzinga.com/news/25/05/45336172/tesla-bull-gary-black-reaffirms-elon-musks-company-best-positioned-to-capitalize-on-evs-and-autonomo">bullish on the company</a> in the long run, having stated recently that &#8220;Long term we like the $TSLA story,&#8221; and that &#8220;As EV adoption and demand for autonomy increases, $TSLA remains the best positioned to capitalize on these two megatrends.&#8221;
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td class="has-text-align-center" data-align="center">Stocks / ETFs</td>
<td class="has-text-align-center" data-align="center">Year-To-Date Returns</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</td>
<td class="has-text-align-center" data-align="center">-21.36%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>)</td>
<td class="has-text-align-center" data-align="center">+31.09%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">LYFT Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>)</td>
<td class="has-text-align-center" data-align="center">+21.98%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Fidelity Electric Vehicles and Future Transpo ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/FDRV#BATS">FDRV</a>)</td>
<td class="has-text-align-center" data-align="center">+2.73%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">iShares Self-Driving EV and Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDRV#NYSE">IDRV</a>)</td>
<td class="has-text-align-center" data-align="center">+4.51%</td>
</tr>
</tbody>
</table>
</figure>
Price Action: Tesla shares were up 4.72% on Friday, and are up 0.35% after hours.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="134" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/11232101/Screenshot-2025-05-12-at-8.50.43-AM-1024x134.png" alt="" class="wp-image-911215" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/11232101/Screenshot-2025-05-12-at-8.50.43-AM-1024x134.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/11232101/Screenshot-2025-05-12-at-8.50.43-AM-300x39.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/11232101/Screenshot-2025-05-12-at-8.50.43-AM-768x101.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/11232101/Screenshot-2025-05-12-at-8.50.43-AM-1536x201.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/11232101/Screenshot-2025-05-12-at-8.50.43-AM.png 1604w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
According to Benzinga&#8217;s Edge Stock Rankings, Tesla shares score well on momentum and quality, but fall short on growth and value. How does it compare with Uber, Lyft or Rivian, for that matter? Sign up for <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge</a> to find out. 
Photo Courtesy: G.Tbov On Shutterstock.com
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/general/health-care/25/05/45339399/trump-says-prescription-drug-prices-set-to-drop-by-30-to-80-almost-immediately-thanks-to-most-favored-nation-plan-mark-cuban-urges-president-to-force-tran">Trump Says Prescription Drug Prices Set To Drop By 30% To 80% &#8216;Almost Immediately&#8217; Thanks To &#8216;Most Favored Nation&#8217; Plan, Mark Cuban Urges President To &#8216;Force Transparency&#8217;</a></li>
</ul>

Fidelity Electric Vehicles and Future Transportation ETF

FDRV

IDRV

LYFT

UBER

Gary Black Doubles Down On Uber's Autonomy Upside, Reflects Debates With Tesla Faithful: 'I Was Right'

Prominent economists offered mixed reactions Sunday as markets rallied following announcement of a tentative U.S.-China trade agreement reached during weekend talks in Geneva, with futures surging on optimism despite limited details of the actual terms.
What Happened: Mohamed El-Erian, Chief Economic Advisor at Allianz, highlighted the importance of the talks, noting they &#8220;will shed light on three major aspects: China&#8217;s appetite for pain, America&#8217;s fear of &#8217;empty shelves,&#8217; and how each country prioritizes longer-term trade policy objectives.&#8221;
El-Erian emphasized the deal&#8217;s significance extends beyond bilateral relations, writing on Substack that &#8220;the longer the US retains prohibitive tariffs on China, the greater the likelihood that other countries will be forced to impose their tariffs on Beijing to protect against dumping.&#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">An interesting week ahead for the global economy and markets, including on account of China-US tariff talks, the follow-up to the Federal Reserve policy meeting, and data: The outcome of this weekend's China-US tariff talks in Switzerland will be assessed in terms of what it…
&mdash; Mohamed A. El-Erian (@elerianm) <a href="https://twitter.com/elerianm/status/1921319822274523284?ref_src=twsrc%5Etfw">May 10, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Economist Peter Schiff expressed skepticism, writing on X: &#8220;If the deal includes major reductions in tariffs, the only thing that could reduce our trade deficit would be a substantial upward revaluation of the RMB [Renminbi] .&#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">Stock futures are up and gold is down on optimism regarding a U.S./China trade deal, despite no terms having been released. If the deal includes major reductions in tariffs, the only thing that could reduce our trade deficit would be a substantial upward revaluation of the RMB.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1921718934086045845?ref_src=twsrc%5Etfw">May 12, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/general/health-care/25/05/45339399/trump-says-prescription-drug-prices-set-to-drop-by-30-to-80-almost-immediately-thanks-to-most-favored-nation-plan-mark-cuban-urges-president-to-force-tran">Trump Says Prescription Drug Prices Set To Drop By 30% To 80% &#8216;Almost Immediately&#8217; Thanks To &#8216;Most Favored Nation&#8217; Plan, Mark Cuban Urges President To &#8216;Force Transparency&#8217;</a>
Why It Matters: U.S. Treasury Secretary Scott Bessent praised the &#8220;substantial progress&#8221; between the two countries, while Trade Ambassador Jamieson Greer <a href="https://www.benzinga.com/markets/25/05/45339384/dow-futures-rally-over-400-points-as-us-china-come-to-agreement-in-geneva-trade-talks">noted the speed with which negotiators</a> &#8220;were able to come to [an] agreement&#8221; addressing what he termed a &#8220;national emergency&#8221; — the $1.2 trillion trade deficit.
Markets <a href="https://www.benzinga.com/markets/25/05/45339384/dow-futures-rally-over-400-points-as-us-china-come-to-agreement-in-geneva-trade-talks">responded positively</a>, with S&amp;P 500 Futures rising 1.35% to 5,754.50, while recession odds on prediction market Polymarket fell below 50% for <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45339503/recession-odds-fall-below-50-on-polymarket-as-crypto-bettors-assess-the-us-china-trade-deal">the first time in weeks</a>. The dollar strengthened, trading up 0.26% at 100.67.
Chinese Vice Commerce Minister Li Chenggang called the outcome &#8220;good news for the world,&#8221; with both sides promising to release complete details Monday.
Photo Courtesy: Dilok Klaisataporn On Shutterstock.com
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/movers/25/05/45339289/bitcoin-taps-105000-ethereum-steady-dogecoin-falls-as-us-announces-china-trade-deal-analyst-says-btc-in-for-a-price-discovery-uptrend-if-it-secures-a-weekly-close-above-this-lev">Bitcoin Taps $105,000, Ethereum Steady, Dogecoin Falls As US Announces China Trade Deal: Analyst Says BTC In For A &#8216;Price Discovery Uptrend&#8217; If It Secures A Weekly Close Above This Level</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Mohamed El-Erian Warns US-China Deal Reveals 'America's Fear Of Empty Shelves' As Markets Rally On Trade Optimism, Peter Schiff Skeptical Without Renminbi Revaluation

Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) executive chairman Michael Saylor on Sunday posted a cute AI-generated video of his child persona discussing Bitcoin&#8217;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) optimistic outlook with cryptocurrency journalist Laura Shin.
What happened:&nbsp; In the video, Saylor's kid version responds to a question from Shin's kid version about whether Strategy would ever sell Bitcoin during market downturns.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">It&#39;s going up forever, Laura.<a href="https://t.co/WntuywFtlO">pic.twitter.com/WntuywFtlO</a>
&mdash; Michael Saylor (@saylor) <a href="https://twitter.com/saylor/status/1921354094683254957?ref_src=twsrc%5Etfw">May 10, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The child, in Saylor&#8217;s voice, dismisses the idea of selling Bitcoin, calling the apex cryptocurrency a "technically superior" asset to major fiat currencies, including the dollar.&nbsp;
"The point is if if you have the superior asset, it&#8217;s going up forever, Laura," the junior Saylor said.
In case you were wondering, the AI interaction mimicked their actual March 2021 interaction.
<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="Michael Saylor: Bitcoin is the "Superior Asset" &amp; it's going up "FOREVER Laura"" width="500" height="281" src="https://www.youtube.com/embed/zTPoRDrtc0s?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>
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/25/05/45275169/ethereum-stagnant-after-pectra-upgrade-but-analyst-deems-the-overhaul-tailwind-that-could-power-eth-above-2000">Ethereum Flat After Pectra Upgrade, But Analyst Foresees Overhaul &#8216;Tailwind&#8217; That Could Take ETH Above $2,000</a>
Why It Matters: Saylor's advocacy came while the Bitcoin market was <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45339289/bitcoin-taps-105000-ethereum-steady-dogecoin-falls-as-us-announces-china-trade-deal-analyst-says-btc-in-for-a-price-discovery-uptrend-if-it-secures-a-weekly-close-above-this-lev">experiencing a significant upturn</a>, regaining its $100,000 threshold and proceeding toward all-time highs.
Positive macroeconomic events, such as the U.S.-China trade agreement, have contributed to the rebound.
It's worth reminding that Saylor's firm, Strategy, is the largest corporate holder of Bitcoin, sitting on a stockpile worth $57.6 billion as of this writing, <a href="https://bitcointreasuries.net/">according </a>to bitcointreasuries.net.
Price Action:&nbsp; At the time of writing, Bitcoin was exchanging hands at $103,765.15, up 0.09% 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>. 
Shares of Strategy closed 0.40% higher at $416.03 during Friday's regular session. 
MSTR demonstrated a very high momentum score—a measure of the stock's relative strength based on its price movement patterns and volatility over multiple timeframes—as of this writing. If you want to know which other Bitcoin-buying companies possess a high momentum, visit <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings</a>.
Shutterstock/Quality Stock Arts
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="513" height="181" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/11231659/Screenshot-2025-05-12-084449.png" alt="" class="wp-image-911211" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/11231659/Screenshot-2025-05-12-084449.png 513w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/11231659/Screenshot-2025-05-12-084449-300x106.png 300w" sizes="(max-width: 513px) 100vw, 513px" /></figure>
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45277600/trumps-crypto-policy-like-a-large-buffet-says-anthony-scaramucci-you-have-to-eat-everything-at-the-table">Anthony Scaramucci Compares Trump&#8217;s Crypto Policy To Mar-A-Lago Buffet: &#8216;You Have To Eat Everything At The Table&#8217;</a></li>
</ul>

MSTR

Michael Saylor Harnesses AI To Drive Home An Important Message On Bitcoin: 'It's Going Up Forever'

Legal

Press Releases

Investor Alert: Wolfspeed, Driven Brands Holdings, Hasbro, and ImmunityBio: Johnson Fistel, PLLP Investigates Claims on Behalf of Investors

Wolfspeed, Inc. Appoints Semiconductor Industry Veteran Robert Feurle as Chief Executive Officer and Board Member

Wolfspeed Provides Update on Steps to Strengthen Capital Structure

WOLFSPEED ALERT: Bragar Eagel & Squire, P.C. is Investigating Wolfspeed, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Wolfspeed, Inc. Announces Date of Fiscal Third Quarter Earnings Call for May 8, 2025

Wolfspeed Announces Executive Leadership Change

Wolfspeed Reports Financial Results for the Third Quarter of Fiscal Year 2025

Wolfspeed Adds Two Seasoned Directors to Its Board

Investor Alert: Wolfspeed, Driven Brands Holdings, Hasbro, and TransMedics: Johnson Fistel, PLLP Investigates Claims on Behalf of Investors

DRVN

IBRX

IFNNY

Ambarella

Alpha and Omega Semiconductor Limited - Common Shares

Alpha & Omega

Blaize Holdings

CEVA

Canadian Solar

Diodes

Himax Technologies, Inc. - American depositary shares, each of which represents two ordinary shares.

Himax Techs

Intchains Group Limited - American Depositary Shares

Intchains Gr

ChipMOS TECHNOLOGIES INC. - American Depositary Shares

ChipMOS TECHNOLOGIES

indie Semiconductor, Inc. - Class A Common Stock

Indie Semiconductor

JinkoSolar Holding Company Limited American Depositary Shares (each representing 4 Common Shares)

JinkoSolar Holding Co

Kopin

SEALSQ

MaxLinear

Navitas Semiconductor Corporation - Common Stock

Navitas Semiconductor

Penguin Solutions, Inc. - Ordinary Shares

Penguin Solutions

Impinj

Power Integrations

Rigetti Computing

Silicon Motion Technology Corporation - American Depositary Shares, each representing four ordinary shares

Comments

Wolfspeed

Noticias

Últimas noticias sobre Wolfspeed (NYSE:WOLF) Bolsa

La gente también mira

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL