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Planet Image Intl

Planet Image International Ltd is engaged in manufacturing and selling compatible toner cartridges. It develops and manufactures toner cartridges that are compatible with, and can be used in, a wide range of commonly available models of laser printers from different manufacturers, or compatible toner cartridges, on a white-label or third-party brand basis or under its self-owned brands. The company also sells its branded products through online sales channels under four brands, TrueImage, CoolToner, AZtech, and Toner Bank. The company operates in North America, Europe, and Other countries.

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IMAC Holdings sube más del 108% tras anunciar Ignite Proteomics. Conoce las acciones más destacadas en la negociación previa.

Acciones de IMAC Holdings se disparan un 108%; 20 acciones en movimiento en el premercado de EE.UU.

Planet Image International Limited - Class A Ordinary Shares

Planet Image International Ltd

Sen. Josh Hawley (R-Mo.) and Peter Welch (D-Vt.) have proposed legislation to raise the federal minimum wage from its current rate of $7.25 to $15 per hour.
What Happened: The Higher Wages for American Workers Act, introduced by Senators Hawley and Welch on Tuesday, aims to increase the federal minimum wage to $15 per hour and tie future increases to inflation. Currently, the inflation-adjusted federal minimum wage is at its lowest level since the 1940s. This proposal is part of Hawley&#8217;s wider &#8220;Pro-Worker Framework for the 119th Congress,&#8221; which includes strengthening protections for union jobs and collective bargaining.
&#8220;For&nbsp;decades, working Americans have seen&nbsp;their wages flatline. One major&nbsp;culprit of this is the&nbsp;failure of&nbsp;the federal minimum wage to&nbsp;keep up with the economic&nbsp;reality facing hardworking Americans every&nbsp;day,&#8221; said Senator Hawley.
If enacted this year, the bill would raise the federal minimum wage to $15 per hour beginning in January 2026, with future increases tied to inflation. 
Senator Hawley&#8217;s support for raising the federal minimum wage marks a break from the Republican Party&#8217;s traditional opposition, reflecting a broader shift during the Donald Trump era as the GOP embraces more populist policies to appeal to working-class voters.
SEE ALSO:&nbsp;<a href="https://benzinga.com/markets/macro-economic-events/25/06/45855937/jeremy-siegel-backs-ted-cruzs-plan-to-end-fed-interest-payments-on-excess-reserves-" target="_blank" rel="noreferrer noopener">Jeremy Siegel Backs Ted Cruz&#8217;s Plan To End Fed Interest Payments On &#8216;Excess Reserves,&#8217; Potentially Saving $2 Trillion In Deficits: &#8216;Not A Trivial Concern&#8217;</a>
Why It Matters: This move follows Hawley&#8217;s previous efforts to support working-class Americans. In April 2025, Hawley proposed a substantial tax cut aimed at those earning less than $80,000 annually. This proposal, which aimed to make standard income tax breaks refundable against payroll taxes, was touted as a potential &#8220;historic&#8221; <a href="https://www.benzinga.com/25/04/44831978/senator-josh-hawley-proposes-historic-tax-cuts-for-americans-earning-below-80k-annually-republicans-should-fix-this-now">tax reduction </a>for working families across the country. 
Earlier this year, he teamed up with Sen. Bernie Sanders (I-VT) to introduce legislation to cap credit card interest rates at 10%. In recent weeks, Hawley has been urging his party against cuts to <a href="https://www.benzinga.com/25/05/45369487/josh-hawley-slams-gop-identity-crisis-over-medicaid-calls-proposed-cuts-morally-wrong-and-politically-suicidal">Medicaid benefits</a> in Trump&#8217;s &#8216;Big, Beautiful Bill.&#8217;
The proposed minimum wage increase is another step in Hawley&#8217;s ongoing efforts to address financial hardship and high living costs faced by many Americans. Notably, In January, Scott Bessent as a Treasury Secretary nominee, had opposed raising the minimum wage rate on a federal level citing it as a state or regional issue. 
<ul class="wp-block-list">
<li>READ MORE:&nbsp;<a href="https://benzinga.com/news/sports/25/06/45829858/shaq-settled-on-angel-reese-for-reebok-endorsement-due-to-budget-constraints-i-had-to-deal-with-something-i-never-had-to-deal-with" target="_blank" rel="noreferrer noopener">Shaq Settled on Angel Reese for Reebok Endorsement Due to Budget Constraints: &#8216;I Had To Deal With Something I Never Had To Deal With&#8217; &#8211; Benzinga</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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<path d="M4.58301 1.7832C4.72589 1.7832 4.84877 1.88437 4.87695 2.02441C4.99384 2.60873 5.22432 3.11642 5.58398 3.50391C5.94115 3.88854 6.44253 4.172 7.13281 4.28711C7.27713 4.3114 7.38267 4.43665 7.38281 4.58301C7.38281 4.7295 7.27723 4.8546 7.13281 4.87891C6.44249 4.99401 5.94116 5.27746 5.58398 5.66211C5.26908 6.00126 5.05404 6.43267 4.92676 6.92676L4.87695 7.1416C4.84891 7.28183 4.72601 7.38281 4.58301 7.38281C4.44013 7.38267 4.31709 7.28173 4.28906 7.1416C4.17212 6.55728 3.94179 6.04956 3.58203 5.66211C3.22483 5.27757 2.72347 4.99395 2.0332 4.87891C1.88897 4.85446 1.7832 4.72938 1.7832 4.58301C1.78335 4.43673 1.88902 4.3115 2.0332 4.28711C2.72366 4.17203 3.22481 3.88861 3.58203 3.50391C3.94186 3.11638 4.17214 2.60888 4.28906 2.02441L4.30371 1.97363C4.34801 1.86052 4.45804 1.78333 4.58301 1.7832Z"></path> 
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<path d="M15.2793 7.5293C15.539 7.2696 15.961 7.2696 16.2207 7.5293C16.4804 7.78899 16.4804 8.211 16.2207 8.4707L10.4707 14.2207C10.211 14.4804 9.78896 14.4804 9.52926 14.2207L3.77926 8.4707L3.6943 8.36621C3.52379 8.10808 3.55199 7.75656 3.77926 7.5293C4.00653 7.30203 4.35804 7.27383 4.61617 7.44434L4.72067 7.5293L9.99996 12.8086L15.2793 7.5293Z"></path>

News

Markets

Josh Hawley, Peter Welch Propose Raising Federal Minimum Wage To $15 By 2026, Tied To Inflation

A federal appeals court allowed President Donald Trump&#8216;s sweeping tariffs to remain in effect Tuesday while reviewing the lower court decisions that blocked the duties on constitutional grounds.
What Happened: The U.S. Court of Appeals for the <a href="https://www.reuters.com/world/us/trump-tariffs-may-remain-effect-while-appeals-proceed-us-appeals-court-decides-2025-06-11/">Federal Circuit granted a temporary stay</a>, preserving Trump&#8217;s &#8220;Liberation Day&#8221; tariffs on most trading partners and separate duties on Canada, China and Mexico. The court scheduled oral arguments for July 31 and ordered the full 11-member panel to hear the case due to its &#8220;exceptional importance.&#8221;
The decision reverses two lower-court rulings that struck down the tariffs. On May 28, the U.S. Court of International Trade ruled unanimously that <a href="https://www.benzinga.com/news/25/05/45660322/trump-tariffs-struck-down-by-federal-court-major-blow-to-white-houses-trade-strategy-report">Trump exceeded his authority</a> by using the International Emergency Economic Powers Act (IEEPA) to impose the duties. The three-judge panel stated the Constitution grants Congress, not the president, the power to levy tariffs.
A separate federal district court in Washington blocked the emergency tariff authority, with Judge Rudolph Contreras writing that IEEPA &#8220;does not grant Trump the authority to impose or adjust tariffs without approval from Congress.&#8221;
See Also: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45876652/trump-family-backed-bitcoin-mining-firm-acquires-23-million-worth-of-btc-signals-more-accumulation-in-the-future">Trump Family-Backed Bitcoin Mining Firm Acquires $23 Million Worth Of BTC, Signals More Accumulation In The Future</a>
Why It Matters: The <a href="https://www.benzinga.com/news/legal/25/06/45719301/trump-rails-against-court-rulings-blocking-his-tariffs-says-us-could-be-held-hostage-by-foreign-nations">tariffs generate approximately $200 billion</a> annually and include 10% across-the-board duties, 20% on Chinese imports, and 25% on non-USMCA goods from Canada and Mexico. The fluctuating nature has created market volatility and supply chain disruptions for companies managing production and pricing strategies.
Trump cited fighting fentanyl trafficking and addressing trade deficits as justification for the tariffs under IEEPA, historically used for sanctions rather than trade duties. Jeffrey Schwab, attorney for affected small businesses, said, &#8220;every court to rule on the merits so far has found these tariffs unlawful.&#8221;
Goldman Sachs analysts noted Trump could reimpose similar tariffs &#8220;within days&#8221; <a href="https://www.benzinga.com/news/25/05/45688655/trump-administration-mulls-global-tariffs-of-about-15-for-150-days-under-existing-trade-laws-report">using Section 122 trade law</a>, which allows 15% tariffs for 150 days without congressional approval. The ruling has no impact on tariffs levied under traditional legal authority, such as steel and aluminum duties.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/06/45876375/elon-musk-says-tesla-robotaxi-rides-begin-june-22-in-austin-full-self-driving-to-enable-home-delivery-by-june-28-were-being-super-paranoid">Elon Musk Says Tesla Robotaxi Rides Begin June 22 In Austin, Full Self-Driving To Enable Home Delivery By June 28: &#8216;We&#8217;re Being Super Paranoid&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Rawpixel.com / Shutterstock.com

Politics

Appeals Court Allows Trump's Tariffs To Remain In Effect While It Reviews The Lower Court's Decision

Markel Launches InsurtechRisk+ To Offer Comprehensive Cyber, D&O, Crime, And Tech Liability Cover For Global Insurtech Firms

LOGI

Logitech Unveils Flip Folio: Magnetically-Stowable Bluetooth Keyboard Case For iPad Pro And iPad Air

CSGS

eSIM Go Taps CSG Ascendon to Simplify And Scale Digital Connectivity Offerings For Fintechs, Airlines, And Niche Markets

IREN

IREN Prices Upsized $500M Offering Of 3.50% Convertible Senior Notes Due 2029 With 30% Conversion Premium

Consideration composed of a $350m up-front payment and up to $1.0bn in development, regulatory and commercial milestones, along with mid-single to low double-digit royalties on Global Net Sales

Reported Earlier, Philochem Licenses Global Rights To Prostate Cancer Radiopharmaceutical OncoACP3 To RayzeBio, A Bristol-Myers Squibb Company, In Deal Worth Up To $1.35B

Victoria&#8217;s Secret &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSCO#NYSE">VSCO</a>) will release its first-quarter financial results before the <a href="https://www.benzinga.com/quote/VSCO/earnings">opening bell on Wednesday, June 11.</a>
Analysts expect the Reynoldsburg, Ohio-based company to report quarterly earnings at 28 cents per share, down from 40 cents per share in the year-ago period. Victoria&#8217;s Secret projects quarterly revenue of $1.41 billion, compared to $1.42 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On June 5, Barclays analyst Adrienne Yih maintained Victoria&#8217;s Secret with an Overweight rating and lowered the price target from $23 to $22.
Victoria&#8217;s Secret shares fell 2.3% to close at $22.20 on Tuesday.
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/VSCO/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul class="wp-block-list">
<li>Barclays analyst Adrienne Yih maintained an Overweight rating and cut the price target from $23 to $22 on June 5, 2025. This analyst has an accuracy rate of 63%.</li>
<li>Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating with a price target of $24 on June 4, 2025. This analyst has an accuracy rate of 60%.</li>
<li>JP Morgan analyst Matthew Boss maintained a Neutral rating and raised the price target from $17 to $22 on May 19, 2025. This analyst has an accuracy rate of 67%.</li>
<li>Wells Fargo analyst Ike Boruchow maintained an Underweight rating and raised the price target from $12 to $15 on May 14, 2025. This analyst has an accuracy rate of 71%.</li>
<li>Morgan Stanley analyst Alex Straton maintained an Equal-Weight rating and cut the price target from $23 to $19 on May 6, 2025. This analyst has an accuracy rate of 65%</li>
</ul>
Considering buying VSCO stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/VSCO/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="591" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/11025253/image-147-1024x591.png" alt="" class="wp-image-945639" style="width:651px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/11025253/image-147-1024x591.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/11025253/image-147-300x173.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/11025253/image-147-768x443.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/11025253/image-147.png 1121w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read This Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/06/45858699/top-2-tech-and-telecom-stocks-you-may-want-to-dump-in-q2">Top 2 Tech And Telecom Stocks You May Want To Dump In Q2</a> </li>
</ul>
Photo via Shutterstock

Earnings

Price Target

Pre-Market Outlook

Analyst Ratings

Trading Ideas

VSCO

Victoria's Secret Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

LINE

Reported Earlier, Lineage Prices $500M Offering Of 5.250% Senior Notes Due 2030 At 98.991% Of Face Value

Reported Earlier, Omega Healthcare Prices $600M Public Offering Of 5.200% Senior Notes Due 2030; Proceeds Target Debt Repayment

GGAL

Reported Earlier, Grupo Financiero Galicia Prices Secondary Offering Of 11,721,449 ADSs At $54.25 Each; All Proceeds To Selling Shareholder HSBC Bank Plc

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the &#8220;Greed&#8221; zone on Tuesday.
U.S. stocks settled higher on Tuesday, as the Dow Jones index gained more than 100 points during the session, with investors closely watching for potential progress in ongoing U.S.-China trade negotiations taking place in London.
Shares of Casey's General Stores Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CASY#NASDAQ">CASY</a>) jumped around 12% on Tuesday after the company reported better-than-expected fourth-quarter financial results and increased its quarterly dividend. Shares of Calavo Growers Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGW#NASDAQ">CVGW</a>) dipped more than 16% after the company reported worse-than-expected second-quarter financial results.
On the economic data front, the NFIB Small Business Optimism Index rose to 98.8 in May from 95.8 in April and topping market estimates of 95.9.
Most sectors on the S&amp;P 500 closed on a positive note, with energy, health care and consumer discretionary stocks recording the biggest gains on Tuesday. However, industrial stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 105 points to 42,866.87 on Tuesday. The S&amp;P 500 rose 0.55% to 6,038.81, while the Nasdaq Composite climbed 0.63% to 19,714.99 during Tuesday's session.
Investors are awaiting earnings results from Chewy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>), Victoria&#8217;s Secret &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSCO#NYSE">VSCO</a>) and Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 63.7, the index remained in the &#8220;Greed&#8221; zone on Tuesday, versus a prior reading of 61.8.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/06/45858699/top-2-tech-and-telecom-stocks-you-may-want-to-dump-in-q2">Top 2 Tech And Telecom Stocks You May Want To Dump In Q2</a> </li>
</ul>
Photo via Shutterstock

Equities

CASY

CHWY

CVGW

ORCL

S&P 500 Gains For 3rd Day Amid US-China Trade Talks: Investor Sentiment Improves, Fear Index Remains In 'Greed' Zone

BTSG

Reported Earlier, BrightSpring Prices Secondary Offering Of 14M Common Shares At $21.75, With No Proceeds To The Company

Reported Earlier, Karat Packaging Prices Secondary Offering Of 1.5M Common Shares At $27 Each, With No Proceeds To The Company

CBRL

Reported Earlier, Cracker Barrel Upsizes Private Offering To $300M Of 1.75% Convertible Senior Notes Due 2030

Reported Earlier, Byline Bancorp Prices Secondary Offering Of 4,282,210 Common Shares At $24.75, With No Proceeds To The Company

MXCT

MaxCyte And Ori Biotech Partner To Streamline Cell Therapy Manufacturing With Integrated ExPERT And IRO Platforms

Reported Earlier, Brown & Brown Prices $4B Public Offering Of 39,215,686 Common Stock At $102 Per Share To Help Fund RSC Acquisition

The ASYMTEK Vantage Dispensing system equipped with IntelliJet Jetting system reduced underfill voids and decreased cycle time by almost 30%.

NDSN

Reported Earlier, Nordson And PTI Push Packaging Innovation With High-Yield, Low-Warpage Panel-Level Dispensing For Advanced Semiconductors

A fan page of Vice President JD Vance asked Americans on social media whether they would thank Elon Musk after the Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO reportedly lost $113 billion while leading government efficiency efforts. Musk responded Tuesday with a simple &#8220;Worth it&#8221; on X.
What Happened: The fanpage wrote: &#8220;Elon Musk lost 25% of his fortune, approximately $113 billion, while leading efforts to streamline the U.S. government. Are you willing to give Elon Musk a heartfelt &#8216;thank you&#8217;? A. Hell yes B. No.&#8221;
Bloomberg and Forbes data confirm Musk&#8217;s net worth dropped approximately $113-121 billion during his 2025 Department of Government Efficiency (DOGE) role. Tesla&#8217;s stock price suffered as investors questioned Musk&#8217;s divided attention between his companies and government work.
The wealth decline stems from multiple factors beyond Musk&#8217;s political involvement. Market competition and potential Trump administration tariffs have pressured Tesla&#8217;s valuation. Tesla stock represents Musk&#8217;s primary wealth source, making the company&#8217;s performance critical to his net worth.
<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">Worth it <a href="https://t.co/fQk2ULx7jh">https://t.co/fQk2ULx7jh</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1932592159099924509?ref_src=twsrc%5Etfw">June 11, 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/markets/tech/25/06/45876224/youtube-contributed-55-billion-to-us-gdp-new-report-reveals-the-creator-economy-is-just-getting-started-says-ceo-neal-mohan">YouTube Contributed $55 Billion To US GDP, New Report Reveals: &#8216;The Creator Economy Is Just Getting Started,&#8217; Says CEO Neal Mohan</a>
Why It Matters: The exchange comes amid escalating tensions between President Donald Trump and Musk. Trump has privately called Musk a &#8220;big-time drug addict&#8221; in <a href="https://www.benzinga.com/news/politics/25/06/45829416/trump-allegedly-calling-people-to-claim-elon-musk-has-serious-drug-problem-big-time-drug-addict">conversations with allies</a>, according to The Washington Post. 
The feud intensified after Musk criticized Trump&#8217;s budget legislation and suggested impeachment, while Trump threatened to cancel federal <a href="https://www.benzinga.com/markets/25/06/45873939/elon-musk-recently-said-yes-to-impeaching-trump-and-the-odds-of-that-happening-in-2025-rose-on-this">contracts with Musk&#8217;s companies</a>.
The dispute has implications for Musk&#8217;s SpaceX and Tesla operations, particularly regarding federal contracts. Trump withdrew NASA administrator nominee Jared Isaacman, Musk&#8217;s preferred candidate, further straining relations between the <a href="https://www.benzinga.com/news/politics/25/06/45829416/trump-allegedly-calling-people-to-claim-elon-musk-has-serious-drug-problem-big-time-drug-addict">billionaire and the administration</a>.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/macro-notification/25/06/45876366/howard-lutnick-says-us-and-china-reached-a-framework-to-implement-geneva-consensus-following-trump-xi-call-csi-300-index-gains">Howard Lutnick Says US And China &#8216;Reached A Framework&#8217; To Implement Geneva Consensus Following Trump-Xi Call — CSI 300 Index Gains</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Joshua Sukoff / Shutterstock.com

TSLA

Elon Musk Took A $113 Billion Hit Over Trump's DOGE Mission: Calls It 'Worth It'

Press Releases

Planet Image International Limited Reports the First Half of Fiscal Year 2024 Unaudited Financial Results

Stocks Under $2 to Watch in February 2025: TRIB, MODD, PNPN.V, BACK – More Inside!

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