最新ニュース Akso Health (NASDAQ:AHG) 株価情報

Akso Health Group

Akso Health Group formerly Xiaobai Maimai Inc is a social e-commerce platform based in China. The company collaborates with domestic e-commerce platforms and offers users a wide selection of high-quality and affordable products on its social e-commerce platform. It generates majority of the revenues from sale of medical devices business.

Shs Sponsored American Deposit Receipt Repr 1 Sh

Akso Health Group - American Depositary Shares

ALTHEA GROUP HLDGS by ALTHEA GROUP HLDGS LTD.

ALTERNATE HEALTH CORP ORD by Alternate Health Corp.

Alternate Health Corp

The Company intends to use the net proceeds from the offering for working capital requirements, general corporate purposes, and the advancement of business objectives.

News

BCTX

Reported Earlier, BriaCell Prices $3.05M Public Offering Of 762,500 Common Shares At $4/Share

Reported Earlier, Noble Corporation Retires Two Drillships To Cut Costs And Streamline Fleet

PNTG

Reported Earlier, Pennant Acquires Three Senior Living Communities In Idaho And Texas To Expand Care Network

Macro Economic Events

Econ #s

Economics

BBJP

WisdomTree Trust Japan Total Dividend Fund

Reported Earlier, Japan 10-Year JGB Auction 1.260% Vs. 1.140% Prior

U.S. tariffs imposed by President Donald Trump on imports from Canada, Mexico, and China are rattling markets and stirring sharp reactions from economists. The measures, which include a 25% duty on most Canadian and Mexican goods and a 10% tariff on Chinese imports, have heightened concerns over supply chain disruptions and increased costs for American businesses and consumers.
What Happened: Mohamed El-Erian, Chief Economic Advisor at Allianz, highlighted market reactions on social media platform X. "Same outcome for Canada in terms of both the 30-day ‘pause' and the currency retracement," El-Erian wrote on Monday. 
His analysis, supported by a currency chart, showed the Canadian Dollar trading at 1.4421—a minor decline from previous levels following a volatile spike to 1.4791 on Monday. The chart's clear peak and subsequent correction suggest heightened market activity amid tariff-related news.
El-Erian's commentary extended to the Mexican Peso, which exhibited a dramatic surge to 21.2879 before retreating to 20.6045 over three days. The rapid fluctuations were observed on a chart amid news of a temporary tariff pause. 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Same outcome for Canada in terms of both the 30-day "pause" and the currency retracement. <a href="https://twitter.com/hashtag/economy?src=hash&amp;ref_src=twsrc%5Etfw">#economy</a> <a href="https://twitter.com/hashtag/tariffs?src=hash&amp;ref_src=twsrc%5Etfw">#tariffs</a> <a href="https://twitter.com/hashtag/markets?src=hash&amp;ref_src=twsrc%5Etfw">#markets</a> <a href="https://twitter.com/hashtag/canada?src=hash&amp;ref_src=twsrc%5Etfw">#canada</a> <a href="https://t.co/60WfVTpGix">https://t.co/60WfVTpGix</a> <a href="https://t.co/HQOFwmRenm">pic.twitter.com/HQOFwmRenm</a>
&mdash; Mohamed A. El-Erian (@elerianm) <a href="https://twitter.com/elerianm/status/1886536684520735030?ref_src=twsrc%5Etfw">February 3, 2025</a></blockquote>
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The pause comes after a call between Trump and Mexican President Claudia Sheinbaum, who confirmed on X that Mexico would deploy 10,000 National Guard troops to its northern border as part of a <a href="https://in.benzinga.com/government/regulations/25/02/43440692/us-mexico-agrees-on-one-month-tariffs-pause-stocks-rebound-peso-rallies">broader security and trade pact</a>.
Former Treasury Secretary Larry Summers noted Canada&#8217;s importance as a trade partner. &#8220;Canada is our friend. Canada is an important market for American products. Canada is a crucial co-producer with American automobile companies that enable North America to compete with Asia and Europe,&#8221; he wrote, directly challenging the tariff approach.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Canada is our friend. Canada is not an important source of illegal immigrants. Canada is not an important source of illegal drugs. Canada is an important market for American products. Canada is a crucial co-producer with American automobile companies that enable North America to…
&mdash; Lawrence H. Summers (@LHSummers) <a href="https://twitter.com/LHSummers/status/1886556528062423534?ref_src=twsrc%5Etfw">February 3, 2025</a></blockquote>
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Economist Justin Wolfers highlighted a post from former National Economic Council member Brendan Duke while using a &#8220;Sex and the City&#8221; metaphor to analyze trade tensions. 
Wolfers argued that transactional diplomacy alienates economic partners, echoing Duke's point that "the main accomplishment of Trump's fake almost trade war is that no business is going to make a huge capital investment assuming tariff-free North American trade, even after the USMCA renegotiation."
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Or if you prefer this said in more standard econ terms:<a href="https://t.co/fsuEht9iBp">https://t.co/fsuEht9iBp</a>
&mdash; Justin Wolfers (@JustinWolfers) <a href="https://twitter.com/JustinWolfers/status/1886558517940633847?ref_src=twsrc%5Etfw">February 3, 2025</a></blockquote>
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See Also: <a href="https://www.benzinga.com/government/regulations/25/02/43451675/bessent-freezes-consumer-financial-protection-bureau-work-leaving-lawsuits-against-jpmorgan-bank-of-america-capital-one-in-limbo">Bessent Freezes Consumer Financial Protection Bureau Work Leaving Lawsuits Against JPMorgan, Bank Of America, Capital One In Limbo</a>
Why It Matters: The U.S. Chamber of Commerce and finance experts warn that these measures could trigger higher prices on everyday items, ranging from <a href="https://in.benzinga.com/markets/25/02/43423288/trumps-tariffs-are-here-heres-what-will-get-more-expensive-from-canada-china-and-mexico">auto parts to construction materials</a>. With one-third of U.S. imports coming from these nations, the full impact on sectors like automotive and consumer electronics remains uncertain. 
Investors and market analysts will be closely monitoring developments as high-level trade talks continue under the oversight of officials including U.S. Secretary of State Marco Rubio and Treasury Secretary Scott Bessent.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/movers/25/02/43452791/bitcoin-ethereum-dogecoin-stage-strong-rebound-as-trump-pauses-canada-mexico-tariffs-analyst-flags-significance-of-101000-for-btc">Bitcoin, Ethereum, Dogecoin Stage Strong Rebound As Trump Pauses Canada, Mexico Tariffs: Analyst Flags Significance Of $101,000 For BTC</a></li>
</ul>
Image Via Shutterstock 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Markets

Mohamed El-Erian Flags Market Jitters As Trump Tariff Pause On Canada Triggers Currency Swings — Larry Summers Warns Of Trade Fallout

Palantir Technologies Inc.'s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) chief technology officer Shyam Sankar warned that the U.S. is in an "AI arms race" with China, calling for <a href="https://www.benzinga.com/markets/equities/25/02/43420511/palantir-ceo-alex-karp-sounds-alarm-on-chinas-deepseek-could-this-threaten-palantirs-ai-dominance">urgent action</a> to maintain dominance as the race for artificial intelligence escalates.
What Happened: During Palantir's <a href="https://in.benzinga.com/news/earnings/25/02/43449486/palantir-q4-earnings-revenue-beat-eps-beat-us-revenue-up-52-customer-count-up-43-strong-guidance-this-is-a-new-phase-unlike-anything-that-has-come-before">fourth-quarter earnings</a> call, Sankar responded to a question about the impact of China's DeepSeek AI model on Palantir.&nbsp;
&#8220;One of the obvious lessons of DeepSeekR1 is something that we&#8217;ve been saying for the last two years, which is that the models are commoditizing,&#8221; Sankar said, underscoring that both closed and open-source AI models are becoming increasingly similar while inference costs are plummeting.
See Also: <a href="https://www.benzinga.com/25/02/43453280/peter-thiels-palantir-sounds-alarm-on-chinas-deepseek-citing-national-security-threat-but-says-it-wont-drop-clients-who-use-it">Palantir Sounds Alarm On China&#8217;s DeepSeek, Citing National Security Threat — But Won&#8217;t Drop Clients Who Use It</a>
However, he argued that the bigger concern is not <a href="https://in.benzinga.com/25/01/43379565/deepseeks-ai-model-shook-wall-street-but-a-new-report-says-chinese-state-accounts-helped-fan-the-flames">just AI competition</a>, but an all-encompassing economic, diplomatic, and technological war with China.
&#8220;We are at war with China. We are in an AI arms race,&#8221; Sankar declared, noting that he had disagreed with OpenAI CEO Sam Altman at the Senate AI Summit over whether cooperation with China in AI development was viable.
He said now that <a href="https://www.benzinga.com/news/25/01/43354099/openai-alleges-deepseek-used-proprietary-models-without-permission-as-microsoft-investigates-ai-secu">OpenAI is accusing China</a> of stealing U.S. AI intellectual property, it should erase any illusions about a collaborative approach. &#8220;We have to wake up with the respect for our adversary and realize that we are competing.&#8221;
Sankar stated that the AI race is a &#8220;winner-take-all&#8221; competition, requiring a nationwide effort. &#8220;M day was yesterday,&#8221; he warned, stressing that the time to mobilize is now.
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 Matters: Palantir posted fourth-quarter revenue of $827.52 million, surpassing the $775.91 million estimate. For the next quarter, it projects revenue between $858 million and $862 million, above the $799.35 million forecast.
Full-year 2025 revenue is expected to range from $3.74 billion to $3.76 billion, exceeding the $3.52 billion estimate.
Last month, DeepSeek&#8217;s AI model stirred significant attention on Wall Street, with Chinese state-affiliated accounts <a href="https://in.benzinga.com/25/01/43379565/deepseeks-ai-model-shook-wall-street-but-a-new-report-says-chinese-state-accounts-helped-fan-the-flames">reportedly amplifying</a> its launch. The U.S. is also investigating DeepSeek&#8217;s access to advanced Nvidia Corp's semiconductors, potentially violating an <a href="https://in.benzinga.com/25/01/43390988/deepseek-and-nvidia-under-us-investigation-ai-market-shakeup-wipes-out-1-trillion-in-tech-value">AI technology embargo</a>.
Price Movement: Palantir&#8217;s shares jumped 22.75% in after-hours trading to $102.79. Earlier on Monday, the stock closed at $83.74, up 1.52%, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Photo via Shutterstock
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/tech/25/01/43221770/apples-ipad-turns-15-today-heres-a-throwback-to-when-steve-jobs-explained-called-it-the-third-category-after-phones-and-notebooks" target="_blank" rel="noreferrer noopener">Apple's iPad Turns 15 Today: Here's A Throwback To When Steve Jobs Explained Called It The ‘Third Category' After Phones And Notebooks</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.

Tech

PLTR

Palantir's Shyam Sankar: US Is At War With China In AI—And The Time To Act Was 'Yesterday'

Cryptocurrency trading behemoth Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) announced its registration as the UK&#8217;s largest&nbsp;cryptocurrency exchange on Monday, signifying a key step in its global growth strategy.
What Happened:&nbsp;Coinbase won&nbsp;a Virtual Asset Service Provider&nbsp;registration from the Financial Conduct&nbsp;Authority, the UK&#8217;s financial regulator, the company said in an X post. Coinbase said the registration makes it the biggest&nbsp;registered digital assets player in&nbsp;the country. 
 &#8220;The United Kingdom is our&nbsp;biggest international market, and this&nbsp;registration represents an important chapter&nbsp;in our international expansion strategy,&#8221; the firm added.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Coinbase is now the UK's largest VASP. &#x1f1ec;&#x1f1e7; The United Kingdom is our biggest international market, and this registration represents an important chapter in our international expansion strategy. <a href="https://t.co/QdjP4XCtWb">pic.twitter.com/QdjP4XCtWb</a>
&mdash; Coinbase &#x1f6e1;&#xFE0F; (@coinbase) <a href="https://twitter.com/coinbase/status/1886413037113913422?ref_src=twsrc%5Etfw">February 3, 2025</a></blockquote>
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See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/25/02/43425216/elon-musk-supports-putting-treasury-department-operations-on-blockchain-to-fix-irregularities">Elon Musk Says Treasury Officials &#8216;Breaking The Law Every Hour&#8217; By Approving Fraudulent Payments — DOGE Lead Wants A Blockchain Fix</a>
Coinbase is the largest cryptocurrency exchange in the U.S. and one of the largest in the world, facilitating trades worth nearly $12 billion in the last 24 hours, <a href="https://www.coingecko.com/en/exchanges/coinbase-exchange">according </a>to CoinGecko. 
This announcement comes on the heels of&nbsp;<a href="https://www.benzinga.com/content/43422722/coinbase-acquires-spindl-to-boost-onchain-advertising-and-expand-base-ecosystem">Coinbase&#8217;s&nbsp;acquisition</a> of Spindl, an on-chain advertising and infrastructure platform, aimed at enhancing the visibility of projects built on its Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) layer-2 network, Base.
The company is expected to report its fourth quarter and full-year results on Feb. 13 after market close.
Price Action: Shares of Coinbase popped 1.13% in after-hours trading, after closing down 2.38% at $284.41, 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>. Year-to-date, the stock has gained 14.54%.
Image via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43423466/how-does-pete-hegseth-feel-about-bitcoin-his-financial-filings-reveal-the-answer">How Does Pete Hegseth Feel About Bitcoin? His Financial Filings Reveal The Answer</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

$ETH

COIN

Coinbase Says It's Become UK's Largest Crypto Exchange After Securing Regulatory Approval

XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>) roared back into momentum on Monday, as investors welcomed President Donald Trump's temporary relief on tariffs.&nbsp;
What happened: XRP rallied as much as 20%, recouping losses taken on ‘Black Sunday,' which saw the third-largest cryptocurrency by market value fall to two-week lows.
In fact, XRP was the most successful large-cap cryptocurrency over the last 24 hours, outgaining Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), and Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>).
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/25/02/43425216/elon-musk-supports-putting-treasury-department-operations-on-blockchain-to-fix-irregularities">Elon Musk Says Treasury Officials &#8216;Breaking The Law Every Hour&#8217; By Approving Fraudulent Payments — DOGE Lead Wants A Blockchain Fix</a>
The sentiment was bolstered by an intriguing video by Jack Dorsey, Twitter founder and a known Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41227882/jack-dorseys-block-started-buying-bitcoins-four-years-ago-heres-how-much-they-are-worth-to">advocate</a>.
Dorsey posted a video on the decentralized social networking platform Primal, showing MicroStrategy co-founder Michael Saylor, a Bitcoin bull,  transforming into the symbol for XRP.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">NEW: &#x1f1fa;&#x1f1f8; Jack Dorsey Posted A Video of <a href="https://twitter.com/saylor?ref_src=twsrc%5Etfw">@saylor</a> Transforming Into <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$XRP</a> On Nostr! SAYLOR TRANSFORMING FROM <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> to XRP! What Do You Think Jack Means With This Post? Comment Below &amp; Follow For More!!&#x1f447;&#x1f447;<a href="https://twitter.com/hashtag/MichaelSaylor?src=hash&amp;ref_src=twsrc%5Etfw">#MichaelSaylor</a> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/hashtag/XRPL?src=hash&amp;ref_src=twsrc%5Etfw">#XRPL</a> <a href="https://t.co/Dknt0c2Aw4">https://t.co/Dknt0c2Aw4</a> <a href="https://t.co/EWzoJ8E00J">pic.twitter.com/EWzoJ8E00J</a>
&mdash; Good Morning Crypto (@AbsGMCrypto) <a href="https://twitter.com/AbsGMCrypto/status/1886486401736159708?ref_src=twsrc%5Etfw">February 3, 2025</a></blockquote>
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Why It Matters: Several of XRP's technical indicators painted a bullish scenario.
The Momentum indicator, which compares the short-term price and long-term price, flashed a "buy" signal, <a href="https://in.tradingview.com/symbols/XRPUSD/technicals/">according </a>to TradingView.&nbsp;
Similarly, the Bull Bear Power indicator, which measures the strength of buyers and sellers, tilted in favor of the bulls.
More than 71% of XRP futures traders had long exposure to the cryptocurrency, <a href="https://www.coinglass.com/LongShortRatio">according </a>to Coinglass, indicating expectations of further upsides.
Meanwhile, Polymarket <a href="https://polymarket.com/event/ripple-etf-approved-in-2025">odds </a>that an XRP exchange-traded fund would get greenlighted in 2025 were at 80% as of this writing, following <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43351797/grayscale-seeks-sec-approval-to-convert-xrp-trust-into-exchange-traded-fund">filings</a> by Grayscale, CoinShares, and Bitwise.
Price Action: At the time of writing, XRP was exchanging hands at $2.70, up 20.81% 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>.
Image via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43423466/how-does-pete-hegseth-feel-about-bitcoin-his-financial-filings-reveal-the-answer">How Does Pete Hegseth Feel About Bitcoin? His Financial Filings Reveal The Answer</a></li>
</ul>

Movers

Trading Ideas

$BTC

$SOL

$XRP

XRP Erases 'Black Sunday' Losses With 20% Surge As Jack Dorsey Posts Intriguing Video Featuring Bitcoin Bull Michael Saylor

On Monday, Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) advised its clients to avoid using AI models from Chinese startup DeepSeek.
What Happened: Palantir&#8217;s chief revenue officer, Ryan Taylor, stated, &#8220;We would strongly discourage it [DeepSeek] and don&#8217;t think any customer in the U.S. government will be able to use it,&#8221; reported Reuters.
However, despite these concerns, Palantir will not sever ties with commercial clients who choose to use DeepSeek&#8217;s AI models, Taylor added.
See Also: <a href="https://www.benzinga.com/tech/25/02/43452421/aravind-srinivas-ceo-of-jeff-bezos-backed-perplexity-reveals-why-most-startups-fail-the-thing-that-most-people-get-wrong">Aravind Srinivas, CEO Of Jeff Bezos-Backed Perplexity, Reveals Why Most Startups Fail: &#8216;The Thing That Most People Get Wrong&#8230;&#8217;</a>
Federal agencies, such as NASA, have reportedly banned the use of DeepSeek&#8217;s technology by their employees.
Palantir reported <a href="https://in.benzinga.com/news/earnings/25/02/43449486/palantir-q4-earnings-revenue-beat-eps-beat-us-revenue-up-52-customer-count-up-43-strong-guidance-this-is-a-new-phase-unlike-anything-that-has-come-before">fourth-quarter revenue</a> of $827.52 million, surpassing the consensus estimate of $775.91 million. For the first quarter, the company anticipates revenue between $858 million and $862 million, exceeding projections of $799.35 million.
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 Matters: Palantir CEO Alex Karp has previously highlighted the competitive threat posed by <a href="https://www.benzinga.com/markets/equities/25/02/43420511/palantir-ceo-alex-karp-sounds-alarm-on-chinas-deepseek-could-this-threaten-palantirs-ai-dominance">DeepSeek&#8217;s open-source AI model</a>, which offers lower development costs.
The <a href="https://www.benzinga.com/25/01/43293506/chinas-deepseek-under-white-house-scrutiny-over-potential-national-security-risks">White House</a> has also placed DeepSeek under scrutiny, with the National Security Council reviewing its implications. White House press secretary Karoline Leavitt described the situation as a &#8220;wake-up call to the American AI industry.&#8221;
A report by online analysis firm Graphika revealed that Chinese state-affiliated social media accounts <a href="https://in.benzinga.com/25/01/43379565/deepseeks-ai-model-shook-wall-street-but-a-new-report-says-chinese-state-accounts-helped-fan-the-flames">promoted DeepSeek&#8217;s AI models</a>, contributing to a significant downturn in U.S. tech stocks.
Price Action: Palantir's shares surged 22.75% in after-hours trading, hitting $102.79. Earlier on Monday, the stock closed at $83.74, reflecting a 1.52% gain, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
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>.
Photo by Spyro the Dragon on Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com/tech/25/01/43221770/apples-ipad-turns-15-today-heres-a-throwback-to-when-steve-jobs-explained-called-it-the-third-category-after-phones-and-notebooks" target="_blank" rel="noreferrer noopener">Apple&#8217;s iPad Turns 15 Today: Here&#8217;s A Throwback To When Steve Jobs Explained Called It The ‘Third Category&#8217; After Phones And Notebooks</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.

Media

Palantir Sounds Alarm On China's DeepSeek, Citing National Security Threat — But Won't Drop Clients Who Use It

On Monday, a federal appeals court in San Francisco showed skepticism toward 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>) efforts to overturn a jury verdict in favor of Fortine-maker Epic Games.
What Happened: The jury had sided with Epic in 2023, accusing Google of imposing <a href="https://www.benzinga.com/general/24/10/41124211/epic-games-starts-a-new-battle-with-google-and-samsung">restrictive policies</a> on its Google Play Store. Epic alleged that Google made payments to phone manufacturers and app developers to ensure exclusivity.
However, <a href="https://www.benzinga.com/news/24/10/41220186/google-will-continue-to-fight-epic-games-in-court-to-halt-epic-requested-changes-to-play-store-under">Google argued that</a> Epic&#8217;s similar case against Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) was dismissed, suggesting the same should apply here.
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.
U.S. Circuit Judge Gabriel P. Sanchez noted that competition with Apple does not justify Google&#8217;s monopolistic practices. Circuit Judges Danielle J. Forrest and Margaret McKeown pointed out differences between the Android and Apple ecosystems, challenging Google&#8217;s argument, <a href="https://www.bloomberg.com/news/articles/2025-02-03/google-bid-to-overturn-epic-app-win-eyed-skeptically-by-judges">reported</a> Bloomberg.
Why It Matters: Google is seeking to <a href="https://www.benzinga.com/news/large-cap/24/10/41217379/google-must-open-play-store-to-competitors-judge-orders">overturn an order</a> by U.S. District Judge James Donato, which mandates lifting restrictions on developers.
The injunction is currently on hold pending appeal. The U.S. Justice Department supports Donato&#8217;s ruling, highlighting the need to maintain competition in the market.
Price Action: At the time of writing, Alphabet's Class A shares had risen 1.15% in after-hours trading, while Class C shares were up 1.17%. Earlier on Monday, Class A shares closed down 1.37% at $201.23, and Class C shares declined 1.44% to $202.64, according to <a href="https://benzinga.grsm.io/lxquj26b2sag">Benzinga Pro data</a>.
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>.
Photo Courtesy: Shutterstock.com
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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.

Legal

AAPL

GOOG

GOOGL

Google's Fight Against Epic Games' Antitrust Win Hits Roadblock —Judges Tell Search Giant Apple Case Doesn't Apply

Renowned market strategist&nbsp;Tom Lee on Monday recommended buying stocks amid the recent market sell-off triggered by President Donald Trump&#8217;s tariffs but advised caution for Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>).
What Happened: Lee, managing partner and head of research at&nbsp;Fundstrat Global Advisors, <a href="https://www.cnbc.com/2025/02/03/tom-lee-says-buy-this-tariff-dip-in-stocks-but-bitcoin-is-headed-for-much-more-short-term-pain.html">stated </a>in a CNBC interview that Bitcoin could face short-term hurdles despite its strong long-term potential.
&#8220;But I think that there is still an argument that in the short term Bitcoin is a risk-on asset, so as the market liquidates, which happened over the weekend, Bitcoin takes a hit. So I'd say February is not looking great for Bitcoin in the near term,&#8221; Lee predicted.
Lee believed the $95,000 mark was &#8220;probably not the floor for this month&#8221; and that Bitcoin may fall further to $70,000 before resuming its uptrend. The analyst said that further downsides will provide a buying opportunity.
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/25/02/43425216/elon-musk-supports-putting-treasury-department-operations-on-blockchain-to-fix-irregularities">Elon Musk Says Treasury Officials &#8216;Breaking The Law Every Hour&#8217; By Approving Fraudulent Payments — DOGE Lead Wants A Blockchain Fix</a>
As for stocks, Lee said that the market usually &#8220;overreacts&#8221; to external developments like trade wars.
&#8220;So if this is the first reaction, I would probably guess that the second reaction is pulling back from some of that decline.&#8221;
Why It Matters: These comments <a href="https://www.benzinga.com/trading-ideas/movers/25/02/43452791/bitcoin-ethereum-dogecoin-stage-strong-rebound-as-trump-pauses-canada-mexico-tariffs-analyst-flags-significance-of-101000-for-btc">preceded a strong recovery in stock futures and cryptocurrencies</a> after Trump paused tariffs on Canada and Mexico. 
The&nbsp;Dow Jones Industrial Average Futures&nbsp;was up 0.21% as of this writing, while Bitcoin surged back above $100,000.
Lee&#8217;s latest forecast <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42965795/tom-lee-forecasts-bitcoin-could-dip-to-50k-but-maintains-long-term-target-of-250k-amid-market-volatility">aligned with his previous predictions</a> around Bitcoin. Last month, he anticipated Bitcoin would test support levels at $70,000 or even the $50,000 range. However, he maintained a long-term bullish stance, targeting $250,000 in 2025.
Price Action:  At the time of writing, Bitcoin was exchanging hands at $101,179.34, up 7.44% 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.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>. 
Photo Courtesy: Shutterstock.com
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Tom Lee Says February Not 'Looking Great' For Bitcoin But Stocks Look Ripe For Picking Amid Trump Tariff Sell-Off

U.S. stock markets experienced a downturn today, with the Dow Jones index dropping approximately 120 points to 44,421.91. The NASDAQ fell 1.2% to 19,391.96, while the S&amp;P 500 dropped by 0.8% to 5,994.57.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Palantir Technologies Inc.
Palantir Technologies saw a modest increase of 1.52%, closing at $83.74. The stock reached an intraday high of $84.25 and a low of $78.47, with a 52-week high of $84.25 and a low of $15.67. Palantir surged 22.75% after hours to $102.79, surpassing Jim Cramer's $100 prediction, with him <a href="https://www.benzinga.com/markets/equities/25/02/43452860/palantir-soars-23-after-hours-as-cramer-says-i-wont-let-you-down-and-dan-ives-calls-it-the-next-oracle-in-ai-boom">reaffirming his confidence</a> in the stock. Wedbush's Dan Ives called the earnings a "massive AIP growth" moment, likening Palantir to "the next Oracle" with trillion-dollar potential in the AI revolution. On Monday, Palantir reported fourth-quarter revenue of $827.5 million <a href="https://www.benzinga.com/news/earnings/25/02/43449486/palantir-q4-earnings-revenue-beat-eps-beat-us-revenue-up-52-customer-count-up-43-strong-guidance-this-is-a-new-phase-unlike-anything-that-has-come-before">beating the consensus estimate</a> of $775.91 million.
NVIDIA Corporation
NVIDIA&#8217;s stock fell by 2.84%, closing at $116.66. It hit a high of $118.57 and a low of $113.01 during the day, with a 52-week range between $153.13 and $66.25. The decline follows the imposition of&nbsp;<a href="https://www.benzinga.com/news/global/25/02/43428104/nvidia-tsmc-apple-and-other-tech-stocks-slide-in-pre-market-trading-as-trump-imposes-tariffs-on-imports-from-china-mexico-and-canada">tariffs</a>&nbsp;on imports from China, Mexico, and Canada, impacting tech stocks.
PayPal Holdings Inc.
PayPal&#8217;s stock rose by 1.05%, closing at $89.51. The stock&#8217;s intraday high was $89.71, with a low of $86.00, and a 52-week range of $93.64 to $55.77. Investors are keenly awaiting the company&#8217;s <a href="https://in.benzinga.com/news/earnings/25/02/43441336/paypal-stock-in-danger-of-post-earnings-dive-q4-preview-shows-risk">fourth-quarter earnings</a> on Tuesday, with expectations set for $1.12 EPS and $8.26 billion in revenue.
Costco Wholesale Corporation
Costco&#8217;s shares increased by 2.65%, closing at $1005.83. The stock hit an intraday high of $1009.61 and a low of $968.94, with a 52-week high of $1009.61 and a low of $697.27. Analysts have shown a mix of opinions, with <a href="https://www.benzinga.com/insights/analyst-ratings/25/02/43433715/what-analysts-are-saying-about-costco-wholesale-stock">recent ratings</a> reflecting varied sentiments on the stock&#8217;s future. They raised the 12-month price target to an average of $1,041.75, up 7.35% from $970.38, with estimates ranging from $900 to $1,175.
Tesla, Inc.
Tesla&#8217;s stock dropped by 5.17%, closing at $383.68. The stock&#8217;s high for the day was $389.17, with a low of $374.36, and a 52-week range of $488.54 to $138.80. The decline follows the announcement of new <a href="https://in.benzinga.com/25/02/43444972/whats-going-on-with-tesla-stock-monday">tariffs</a> on imports from Canada, Mexico, and China, affecting the company&#8217;s shares.
Image via Shutterstock
Prepare for the day&#8217;s trading <a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a> by Benzinga.
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<li><a href="https://www.benzinga.com/25/02/43452717/nvidia-tsmc-drop-as-trump-hits-mexico-canada-and-china-with-tariffsbut-top-analyst-sees-only-limited-supply-chain-impact">Nvidia, TSMC Stocks Fell As Trump Hit Mexico, Canada, And China With Tariffs—But Top Analyst Sees Only &#8216;Limited&#8217; Supply Chain Impact On Chips</a></li>
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Equities

COST

NVDA

PYPL

TSLA

Palantir, Nvidia, Paypal, Costco, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) is capturing Wall Street&#8217;s attention, with market commentators Jim Cramer and Dan Ives making bold predictions about the company&#8217;s potential in the artificial intelligence revolution.
What Happened: On X, CNBC&#8217;s Cramer wrote, &#8220;I predicted $100 on Palantir and I promise I won&#8217;t let you down&#8230;&#8221; This comes as the stock experienced a dramatic after-hours surge of 22.75%, closing at $102.79.
<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">I predicted $100 on Palantir and i promise I won&#39;t let you down&#8230;
&mdash; Jim Cramer (@jimcramer) <a href="https://twitter.com/jimcramer/status/1886527639634239959?ref_src=twsrc%5Etfw">February 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Wedbush Securities Managing Director Ives was even more bullish, describing Palantir&#8217;s earnings as a &#8220;massive AIP growth&#8221; and a &#8220;very bullish barometer for use cases accelerating as part of the AI Revolution in 2025.&#8221; Ives went as far as suggesting Palantir could become &#8220;the next Oracle&#8221; in an interview with CNBC and potentially reach a trillion-dollar market cap in the next few years.
<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">Great to be on <a href="https://twitter.com/CNBCOvertime?ref_src=twsrc%5Etfw">@CNBCOvertime</a> with <a href="https://twitter.com/MorganLBrennan?ref_src=twsrc%5Etfw">@MorganLBrennan</a> <a href="https://twitter.com/jonfortt?ref_src=twsrc%5Etfw">@jonfortt</a> discussing the Messi of AI Palantir with a growth quarter for the ages as the AI Revolution takes hold. <a href="https://twitter.com/CNBC?ref_src=twsrc%5Etfw">@CNBC</a> &#x1f3c6;&#x1f525;&#x1f402;&#x1f37f;&#x1f4fa;&#x1f447;<a href="https://t.co/xWjdtjl0o3">https://t.co/xWjdtjl0o3</a> <a href="https://t.co/lwxyFDapLE">pic.twitter.com/lwxyFDapLE</a>
&mdash; Dan Ives (@DivesTech) <a href="https://twitter.com/DivesTech/status/1886547930544255305?ref_src=twsrc%5Etfw">February 3, 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/equities/25/02/43452478/salesforce-cuts-1000-jobs-but-ramps-up-hiring-for-ai-sales-roles">Salesforce Cuts 1000 Jobs But Ramps Up Hiring For AI Sales Roles</a>
Why It Matters: The company&#8217;s <a href="https://www.benzinga.com/news/earnings/25/02/43449486/palantir-q4-earnings-revenue-beat-eps-beat-us-revenue-up-52-customer-count-up-43-strong-guidance-this-is-a-new-phase-unlike-anything-that-has-come-before">fourth-quarter results</a> provide substantial backing to these optimistic views. Palantir reported revenue of $827.52 million, beating consensus estimates, with U.S. revenue growing 52% year-over-year and commercial revenue jumping 64%.
CEO Alex Karp emphasized the company&#8217;s transformative potential, positioning Palantir at the center of AI&#8217;s emerging landscape. The company&#8217;s strong performance and forward guidance suggest these expert predictions might be more than just market hype.
Price Action: Palantir&#8217;s stock surged 22.75% to an all-time high of $102.79 in after-hours trading on Monday, following a 1.52% gain in the regular session, closing at $83.74, according to <a href="https://www.benzinga.com/pro/">data from Benzinga Pro</a>.
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<li><a href="https://www.benzinga.com/government/regulations/25/02/43451675/bessent-freezes-consumer-financial-protection-bureau-work-leaving-lawsuits-against-jpmorgan-bank-of-america-capital-one-in-limbo">Bessent Freezes Consumer Financial Protection Bureau Work Leaving Lawsuits Against JPMorgan, Bank Of America, Capital One In Limbo</a></li>
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Image Via Shutterstock 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Palantir Crosses $100 Mark In After-Hours Trading, Hits All-Time High — Jim Cramer Says 'Won't Let You Down'

Leading cryptocurrencies rebounded Monday as President Donald Trump's brief tariff reprieve fueled positive sentiment in risk-on markets.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:45 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>+5.14%</td>
<td>$101,349.10</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+1.46%</td>
<td>$2,860.84</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+15.87%</td>
<td>$0.2866</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin surged past $100,000, a day after plunging below $92,000. The leading cryptocurrency hit an intraday high of $102,500 before paring gains overnight.
Ethereum chalked out modest gains, but the second-largest cryptocurrency was yet to reclaim the pre-slump levels. Dogecoin rallied 15%, erasing significant losses from the Sunday decline.
Cryptocurrency liquidations hit $1.56 billion over the last 24 hours, with longs accounting for over $1 billion.&nbsp;
If Bitcoin retraces to $95,000 again, over $1 billion in upside bets will be wiped out.
More than 55% of Bitcoin futures traders were short Bitcoin, according to the Long/Short Ratio, signaling a potential drop.
Meanwhile, Bitcoin's Open Interest rose 2.36% in the last 24 hours, suggesting a surge in speculative trading.
Market sentiment flipped from "Fear" to "Greed", according to the Crypto Fear &amp; Greed Index.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:45 p.m. ET)</td>
</tr>
<tr>
<td>MANTRA (OM)</td>
<td>+25.38%</td>
<td>$6.20</td>
</tr>
<tr>
<td>Ethena (ENA)</td>
<td>+20.65%</td>
<td>$0.6834</td>
</tr>
<tr>
<td>Onyxcoin (XCN)</td>
<td>+19.10%</td>
<td>$1.04</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $3.35 trillion, rising 4.38% in the last 24 hours.
Stock futures climbed Monday night after Trump <a href="https://www.benzinga.com/25/02/43450261/trump-trudeau-strike-border-security-deal-tariffs-on-canada-paused-for-at-least-30-days">paused planned tariffs</a> against Canada and Mexico. The Dow Jones Industrial Average Futures rose 151 points, or 0.34%, as of 7:48 p.m. EDT.&nbsp;
Earlier in the day, major averages closed in the red. The Dow Jones Industrial Average lost 122.75 points, or 0.28%, to close at 44,421.91. The S&amp;P 500 slid 0.76%, ending at 5,994.57, while the tech-heavy Nasdaq Composite dipped 1.20% to close at 19,391.96.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Popular cryptocurrency analyst and trader Rekt Capital noted Bitcoin's recovery to the $101,000 level.
"Now BTC needs to daily close above it and retest it successfully to reclaim it into support," the analyst remarked. "Until then &#8211; $101,000 needs to prove it is not a new resistance."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> Bitcoin has successfully revisited the $101k level (black) Now BTC needs to Daily Close above it and retest it successfully to reclaim it into support A successful reclaim and BTC could continue to the blue diagonal above Until then &#8211; $101k needs to prove it is not a… <a href="https://t.co/gHHQGCypXL">https://t.co/gHHQGCypXL</a> <a href="https://t.co/KloKLgqs9f">pic.twitter.com/KloKLgqs9f</a>
&mdash; Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1886501278819475809?ref_src=twsrc%5Etfw">February 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Another well-known analyst, Ali Martinez, spotted a potential head-and-shoulders pattern for Ethereum.
"ETH must hold above $2,700 to keep the bullish structure intact and have a chance of reaching $7,000," Martinez projected.
The inverse head and shoulders pattern is a bullish reversal pattern, indicating exhaustion of a prolonged downturn.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">If this is a head-and-shoulders pattern, <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw">#Ethereum</a> <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> must hold above $2,700 to keep the bullish structure intact and have a chance of reaching $7,000! <a href="https://t.co/nR6TDg2jA4">pic.twitter.com/nR6TDg2jA4</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1886352428477391317?ref_src=twsrc%5Etfw">February 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo by SvetlanaParnikova on Shutterstock
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$DOGE

Bitcoin, Ethereum, Dogecoin Stage Strong Rebound As Trump Pauses Canada, Mexico Tariffs: Analyst Flags Significance Of $101,000 For BTC

Tech <a href="https://in.benzinga.com/news/global/25/02/43428104/nvidia-tsmc-apple-and-other-tech-stocks-slide-in-pre-market-trading-as-trump-imposes-tariffs-on-imports-from-china-mexico-and-canada">stocks tumbled on Monday</a> after President Donald Trump imposed steep tariffs on imports from Canada, China, and Mexico, sparking fears of supply chain disruptions — yet Wedbush analyst Dan Ives says Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) won't face immediate fallout.
What Happened: Trump&#8217;s tariffs, which include a 25% levy on imports from Mexico and Canada and a 10% tariff on Chinese goods, were set to take effect on Tuesday.
This move sparked concerns about potential retaliation affecting the tech sector. However, Ives said that the immediate impact on the semiconductor supply chain will be minimal.
See Also: <a href="https://www.benzinga.com/25/02/43428596/rtx-5090-and-5080-are-sold-outbut-you-can-still-get-one-with-these-high-end-prebuilt-gaming-pcs">Nvidia&#8217;s RTX 5090 And 5080 Are Sold Out, But You Can Still Get One With These High-End Prebuilt Gaming PCs</a>
&#8220;We believe short-term supply chain disruptions for the chip ecosystem will be very limited as it relates to Nvidia, TSMC, and others with retaliatory measures from Beijing as limited in the near term,&#8221; Ives said.
He characterized the situation as part of a &#8220;bigger game of high-stakes poker&#8221; between the U.S. and China, suggesting that while tensions are rising, the immediate risk to Nvidia, TSMC, and other chipmakers remains contained.
<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 believe short term supply chain disruptions for the chip ecosystem will be very limited as it relates to Nvidia, TSMC and others with retaliatory measures from Beijing as limited in the near-term. This is all part of a bigger game of high stakes poker between the US/China
&mdash; Dan Ives (@DivesTech) <a href="https://twitter.com/DivesTech/status/1886425074523062289?ref_src=twsrc%5Etfw">February 3, 2025</a></blockquote>
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Why It Matters: President Trump and the leaders of Mexico and Canada reached eleventh-hour agreements to delay the implementation of steep tariffs on exports to the U.S., <a href="https://www.nytimes.com/live/2025/02/03/us/trump-tariffs">reported</a> the New York Times.
Meanwhile, a 10% tariff on Chinese imports remains scheduled to take effect at midnight. Trump will reportedly speak with Xi Jinping within the next 24 hours, though the exact timing of the call is uncertain.
However, earlier on Monday, the tariffs rattled semiconductor stocks.
Nvidia fell 2.84% to $116.66, Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) dropped 1% to $410.92, Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) declined 3.39% to $228.01, Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) decreased 0.26% to $19.38, Super Micro Computer Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) dropped 5.86%, Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) fell 1.60% and TSMC declined 4.55%, according to <a href="https://pro.benzinga.com/dashboard">data from&nbsp;Benzinga Pro</a>.
The U.S. Chamber of Commerce has warned that the tariffs could lead to major supply chain disruptions and rising costs for American businesses and consumers.
Photo by Ivan Marc via Shutterstock
Read Next:
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<li><a href="https://www.benzinga.com/tech/25/01/43221770/apples-ipad-turns-15-today-heres-a-throwback-to-when-steve-jobs-explained-called-it-the-third-category-after-phones-and-notebooks" target="_blank" rel="noreferrer noopener">Apple's iPad Turns 15 Today: Here's A Throwback To When Steve Jobs Explained Called It The ‘Third Category' After Phones And Notebooks</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.

Government

AVGO

INTC

MSFT

SMCI

Nvidia, TSMC Stocks Fell As Trump Hit Mexico, Canada, And China With Tariffs—But Top Analyst Sees Only 'Limited' Supply Chain Impact On Chips

On Monday, Cathie Wood-led Ark Invest made significant trades involving Lockheed Martin Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>), Reddit Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>), and Iridium Communications Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IRDM#NASDAQ">IRDM</a>). 
The Lockheed Martin Corp Trade
Ark Invest&#8217;s decision to sell 15,995 shares of Lockheed Martin Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) through ARK Autonomous Technology &amp; Robotics ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKQ#BATS">ARKQ</a>) comes during a period of mixed financial results for the aerospace giant. Recently, Lockheed Martin reported a slight decline in net sales for the fourth quarter of 2024, missing consensus estimates. However, the company <a href="https://www.benzinga.com/news/earnings/25/01/43271143/lockheed-martin-q4-earnings-sales-miss-margin-squeeze-but-backlog-boosts-2025-prospects">surpassed earnings expectations</a> with an adjusted EPS of $7.67. Despite challenges, analysts remain <a href="https://www.benzinga.com/25/01/43313600/lockheed-martin-to-face-near-term-challenges-say-analysts">optimistic</a> about the company&#8217;s future, especially with the F-35 program ramping up, as highlighted by BofA Securities. The closing price for LMT on Monday was $455.42. The Ark trade was valued at $7.3 million.
The Reddit Trade
Ark Invest jettisoned 2,716 Reddit Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) shares, worth $549,473, through Ark Fintech Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#NYSE">ARKF</a>). the dynamic sentiment surrounding the social media platform. Analysts have provided a range of opinions on Reddit, with a recent <a href="https://www.benzinga.com/insights/analyst-ratings/25/01/43317183/18-analysts-assess-reddit-what-you-need-to-know">analysis</a> showing a diverse set of ratings. Analysts&#8217; 12-month price targets average $185.89, up 51.36% from $122.81. Reddit&#8217;s stock closed at $202.31 on Monday marking a 1.38% rise.
The Iridium Trade
Ark Invest&#8217;s purchase of Iridium Communications Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IRDM#NASDAQ">IRDM</a>) shares via ARK Space Exploration &amp; Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKX#BATS">ARKX</a>) aligns with the company&#8217;s recent strong performance. On Monday, Ark picked up 22,067 Iridium shares worth $626,261.
Iridium, reported an 8% increase in total revenue for the third quarter of 2024, driven by higher commercial and government service revenues, as detailed in a <a href="https://www.benzinga.com/news/earnings/24/10/41383069/iridiums-q3-revenue-soars-8-fy24-outlook-brightens-as-subscriber-base-expands">previous report</a>. The company&#8217;s stock closed at $28.38 for the day, reflecting a slight decrease of 1.29%.
Other Key Trades:
<ul>
<li>Accolade Inc (ACCD): Sold 80,788 shares by ARKG.</li>
<li>L3Harris Technologies Inc (LH): Bought 32,680 shares by ARKQ.</li>
<li>Nu Holdings Ltd (LU): Sold 100 shares via ARKW.</li>
</ul>
Image via Shutterstock
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</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

ETFs

ARKF

ARKQ

ARKX

IRDM

RDDT

Cathie Wood's Ark Invest Dumps Lockheed Martin Shares, Swoops Up Stock Of This Satellite Phone Provider

Salesforce Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) is reportedly slashing 1,000 jobs as its latest fiscal year begins, Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-02-04/salesforce-cutting-1-000-roles-while-hiring-salespeople-for-ai">reported</a> on Monday, citing sources. Simultaneously, the company is hiring 2,000 employees for sales roles to promote its artificial intelligence products, according to CEO Marc Benioff&#8216;s <a href="https://www.benzinga.com/media/24/12/42550951/salesforce-doubles-ai-hiring-goal-to-add-2k-sales-roles">announcement in December</a>.
Salesforce did not immediately respond to <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga</a>'s request for comment.
Price Action: Salesforce shares surged 1.02% to $342.70 in after-hours trading on Monday; however, the stock declined 0.72% during the regular session, according to <a href="https://www.benzinga.com/pro/">data from Benzinga Pro</a>.
Image Via Shutterstock 
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<li><a href="https://www.benzinga.com/trading-ideas/previews/25/02/43451550/alphabet-q4-earnings-preview-ai-youtube-doj-case-key-items-to-watch-as-company-goes-for-eight-consecutive-revenue-eps-beat">Alphabet Q4 Earnings Preview: AI, YouTube, DOJ Case Key Items To Watch</a></li>
</ul>

Salesforce Cuts 1000 Jobs But Ramps Up Hiring For AI Sales Roles

Aravind Srinivas, CEO of Jeff Bezos-backed Perplexity AI, believes many startup founders fail because they chase market trends instead of working on problems they truly care about.
What Happened: During a June 2024 episode of the Lex Fridman Podcast, Srinivas shared his thoughts on why many startups fail. He argued that passion and personal interest in a problem are essential for long-term success.
&#8220;I think the thing that most people get wrong after they've decided to start a company is work on things they think the market wants,&#8221; he said.
See Also: <a href="https://www.benzinga.com/tech/25/02/43429568/samsung-offers-galaxy-s25-ultra-at-a-discount-of-up-to-1020-making-it-3x-cheaper-than-apples-iphone-16-pro-heres-how-you-can-get-it-for-almost-free">Samsung Offers Galaxy S25 Ultra At A Discount Of Up To $1020, Making It 3x Cheaper Than Apple&#8217;s iPhone 16 Pro: Here&#8217;s How You Can Get It For Almost Free</a>
Adding, &#8220;If you work from that perspective, I think you'll give up beyond the point because it's very hard to work towards something that was not truly important to you.&#8221;
He advised that recognizing one&#8217;s motivations and dopamine triggers is vital for achieving founder-market fit.&nbsp;
&#8220;Market will guide you towards making it a lucrative business by its own capitalistic pressure,&#8221; he stated, adding, &#8220;But don't start in the other way where you started from an idea that you think the market likes and try to like it yourself.&#8221;
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.
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<iframe loading="lazy" title="Aravind Srinivas: Perplexity CEO on Future of AI, Search &amp; the Internet &#x7C; Lex Fridman Podcast #434" width="500" height="281" src="https://www.youtube.com/embed/e-gwvmhyU7A?start=12&#038;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>
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Why It Matters: Srinivas has quickly risen as a major figure in AI. He worked at companies like OpenAI and Google's DeepMind before co-founding Perplexity AI in 2022.
Perplexity AI has gained traction as an AI-powered search engine <a href="https://www.benzinga.com/markets/equities/24/11/42084064/perplexity-ceo-asks-if-ai-startup-should-acquire-google-chrome-following-dojs-antitrust-push-against-search-giant">aiming to rival Google</a>. Srinivas has also become an angel investor, backing AI startups like ElevenLabs and Suno.
Earlier this year, he <a href="https://www.benzinga.com/25/01/43219913/jeff-bezos-backed-perplexity-ai-proposes-deal-to-merge-with-tiktok-giving-us-government-50-stake-report">proposed a deal for TikTok's U.S.</a> operations, suggesting a new U.S.-based company partially owned by the government. If approved, this move could place him at the center of one of the biggest tech transactions in history.
Last week, Perplexity AI also introduced a <a href="https://www.benzinga.com/25/01/43293869/jeff-bezos-backed-perplexity-rolls-out-self-hosted-deepseek-r1-model-amid-controversy-over-chinese-ai-influence-ceo-aravind-srinivas-says-theres-a-lot-of-misconception">self-hosted variant</a> of China's DeepSeek R1 model. The startup raised $500 million in the December 2024 funding round, elevating its <a href="https://www.benzinga.com/tech/24/12/42570376/jeff-bezos-backed-perplexity-raises-500-million-tripling-its-valuation-to-9-billion-as-competition-with-google-and-openai-heats-up">valuation to $9 billion</a>.
Photo courtesy: Shutterstock
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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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.

Aravind Srinivas, CEO Of Jeff Bezos-Backed Perplexity, Reveals Why Most Startups Fail: 'The Thing That Most People Get Wrong...'

GCTK

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

The White House has appointed Elon Musk, the wealthiest individual globally, as a &#8220;special government employee.&#8221; This designation allows Musk to be employed by the federal government while potentially sidestepping certain disclosure rules.
What Happened: As reported by Reuters, Musk, who continues to helm Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and SpaceX, has been charged with leading Trump&#8217;s cost-cutting initiative, the Department of Government Efficiency. This role has granted Musk&#8217;s team access to various government systems, triggering concern and turmoil within some agencies.
Musk&#8217;s new designation could enable him to bypass disclosure rules about conflicts of interest and finances applicable to regular government employees. He will not receive a paycheck. This development has sparked scrutiny, with Democratic lawmakers voicing concerns over a billionaire without an electoral mandate gaining substantial power over the federal government.
Trump defended Musk, asserting that Musk cannot act without White House approval. He also lauded Musk&#8217;s instinct and his team&#8217;s talent. 
&#8220;Elon can&#8217;t do and won&#8217;t do anything without our approval,&#8221; said Trump. He said, &#8220;We&#8217;ll give him the approval, where appropriate; where not appropriate, we won&#8217;t. But he reports in.&#8221;
However, questions about accountability persist, as most special government employees are not bound to file financial disclosures, potentially making it challenging for the public and journalists to hold Musk and the government accountable.
Read Next: <a href="https://www.benzinga.com/25/02/43446852/elons-trump-alignment-costs-him-his-canada-starlink-contract">Elon&#8217;s Trump Alignment Costs Him Canada Starlink Contract: &#8216;Oh Well&#8217;</a>
Why It Matters: Musk&#8217;s appointment comes amidst his recent <a href="https://in.benzinga.com/25/02/43442302/elon-musk-says-elizabeth-warren-is-meddling-with-trillions-in-us-treasury-via-his-unqualified-flunkies">criticisms</a> of the Treasury Department and his proposal to use <a href="https://in.benzinga.com/25/02/43425216/elon-musk-supports-putting-treasury-department-operations-on-blockchain-to-fix-irregularities">blockchain technology</a> to streamline its operations. 
His Department of Government Efficiency was recently <a href="https://www.benzinga.com/25/02/43440720/elon-musks-4b-doge-plan-may-cut-federal-spending-30-apples-spring-2025-lineup-revealed-triumph-group-to-go-privat">granted access</a> to a sensitive Treasury Department payment system, a move that coincided with the resignation of a career Treasury official who had disagreements with Musk&#8217;s department. 
The potential implications of Musk&#8217;s new role and his plans for the Department of Government Efficiency, including a $4 billion a day cost-cutting plan, remain to be seen.
Notably, the Department of Government Efficiency shares its acronym with Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>), a cryptocurrency that Musk has promoted in the past with his social media posts.
Price Action: At the time of writing DOGE was seen trading higher by 7.95% at $0.285, according to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent020325&amp;t=be2bearmibe3na1">data from Benzinga Pro</a>. 
Image via Shutterstock
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Politics

Elon Musk Appointed As 'Special Government Employee' Amid DOGE Department Push: 'Can't Do Anything Without Our Approval,' Says Trump

These Healthcare stocks are trading higher:-4D Molecular Therapeutics Inc (FDMT) stock is trading at $31.73, a gain of $14.24, or 81.32%, on high volume.  4D Molecular Therapeutics Inc gets a Sentiment Score of Very Bearish from InvestorsObserver and receives an average analyst recommendation of Strong Buy with a price tar

Healthcare Stocks Making Moves Monday: FDMT, MOR, ADVM, KPTI, INBS, UPC, AHG, GOVX

Madrigal Pharmaceuticals, Cerus among healthcare movers

These Healthcare stocks are trading higher:-Equillium Inc (EQ) stock is trading at $1.19, a gain of $0.38, or 46.62%, on high volume.  Equillium Inc gets a Sentiment Score of Bearish from InvestorsObserver and receives an average analyst recommendation of Strong Buy with a price target of $6.50.  -Tenax Therapeutics Inc (T

Healthcare Stocks on the Move Tuesday: EQ, TENX, IMNM, KPTI, BRTX, AHG, REVB, IMMX

WIMI, TTNP and STI among mid-day movers

These Healthcare stocks are trading higher:-Chromadex Corp (CDXC) stock is trading at $3.18, a gain of $0.78, or 31.67%, on high volume.  Chromadex Corp CS gets a Sentiment Score of Very Bullish from InvestorsObserver and receives an average analyst recommendation of Strong Buy with a price target of $5.55.  -Akso Health G

Healthcare Stocks Moving Monday: CDXC, AHG, IMRX, ELTX, CMAX, ABEO, ZJYL, WGS

Akso Health Group Sponsored ADR (AHG) has released an update. Akso Health Group has announced its upcoming annual general meeting (AGM) to be held ...

Akso Health Group Announces Key Shareholder Meeting

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
A-rated <a href="https://investorplace.com/stock-types/penny-stocks/">penny stocks</a> could be ideal investment opportunities to help growth stock investors expand their portfolios. While these stocks can be risky because of their volatile nature, they also offer unique benefits for investors.



Penny stocks aren&rsquo;t just a penny &mdash; in fact, a stock qualifies as a penny stock if shares are less than $5 each. So it&rsquo;s not usually as if you can buy 100 shares for just a dollar. But in reality, penny stock shares are the cheapest stocks you can buy.



For a growth investor, one of the top advantages of A-rated penny stocks is that they have the potential for rapid growth. Because the companies are small and usually unknown, any positive developments can trigger a run in the stock price.



And while you can support small, up-and-coming companies, penny stocks also can be volatile investments. The companies often have a small market cap and lack the liquidity of a blue-chip company. And some penny stocks don&rsquo;t have a vibrant team of analysts covering the company, making information difficult to come by.



The Portfolio Grader, however, is a good tool for identifying A-rated penny stocks. By assigning a grade based on the company&rsquo;s growth, earnings performance and momentum, you can get ahead of the game in finding the best penny stocks.



These are stocks that appear to have the best chance for success in the second half of 2024.



<h2>Akso Health Group (AHG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/ecommerce1600e-min-300x169.jpg" alt=""><div>Source: Shutterstock</div></div>Akso Health Group (NASDAQ:<a href="https://investorplace.com/stock-quotes/ahg-stock-quote/">AHG</a>) is a Chinese company that was formerly known as Xiaobai Maimai. Akso provides a social e-commerce platform that works with other e-commerce platforms in China to provide users with a range of health care products.



Its services include medical and health technology products, a remote diagnosis and treatment platform, an offline tumor treatment platform, and vaccine research and development.



Earlier this year, the company <a href="https://finance.yahoo.com/news/ahg-announces-plan-acquire-online-210000151.html">announced plans</a> to acquire Deyihui, an online clinic in China, and to potentially expand the business to other countries and regions.



But there are caveats here, as there always are with penny stocks. Akso struggled last year to maintain Nasdaq compliance in keeping its share price over $1. However, the stock price is up over 59% this year, and gets an &ldquo;A&rdquo; rating in the Portfolio Grader.



<h2>Maris-Tech (MTEK)</h2>



<div><img width="300" height="164" src="https://investorplace.com/wp-content/uploads/2021/07/tech-background-1600-300x164.jpg" alt="abstract tech background made of different element printed circuit board"><div>Source: spainter_vfx / Shutterstock</div></div>Maris-Tech (NASDAQ:<a href="https://investorplace.com/stock-quotes/mtek-stock-quote/">MTEK</a>) designs, manufactures and sells miniature intelligent video and audio surveillance and communications systems. It offers home security products that include cloud-based video and audio streaming and recording products.



For professional markets, its products provide high-performance video and audio processing, streaming, recording and analytics functions, used in unmanned aerial, ground-based and maritime platforms. 



Maris-Tech&rsquo;s products are used for miniature drones, observation systems and other types of remote video-controlled units deployed for intelligence, surveillance, analysis and investigation.



<a href="https://www.maris-tech.com/maris-tech-announces-full-year-2023-financial-results-and-a-record-revenue-year/press-releases/">Revenues for 2023</a> were $4 million, which are small but a 60% increase from 2022. And it recorded gross profits of $1.9 million, which was up 138% from the previous year. On a net basis, Maris-Tech had a loss of $2.7 million and 34 cents per share, which was an improvement from 2022 when the company posted a net loss of $3.7 million and 49 cents per share.



MTEK stock is up 28% in 2024 and gets an &ldquo;A&rdquo; rating in the Portfolio Grader.



<h2>D-Wave Quantum (QBTS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/Quantum1600-300x169.jpg" alt="A digital rendering of a circuit board and digital chip in neon colors to illustrate quantum computing"><div>Source: Shutterstock</div></div>D-Wave Quantum (NASDAQ:<a href="https://investorplace.com/stock-quotes/qbts-stock-quote/">QBTS</a>) is a quantum computing company operating in California and Vancouver, Canada. 



The company provides a full-stack, cross-platform quantum computing solution built for businesses that are developing their quantum computing platforms. Its products include Leap, the company&rsquo;s cloud service, and professional services to help transition clients into the quantum space.



Quantum computers have a massive advantage over classical computers, which are binary code-based machines using transistor technology. While it&rsquo;s still early in the development of the technology, it&rsquo;s clear that quantum computers are the future of the industry.



<a href="https://ir.dwavesys.com/news/news-details/2024/D-Wave-Reports-Fourth-Quarter-and-Year-End-2023-Results/default.aspx">Earnings for the fourth quarter of 2023</a> included revenue of $2.9 million, up $500,000 from a year ago. D-Wave also recorded bookings through the quarter of $3.1 million, an increase of 34% from the previous year.



The company posted a net loss in the quarter of $16 million, or 10 cents per share. That was a 12% improvement from the fourth quarter of 2022.



QBTS stock is up 59% this year and gets an &ldquo;A&rdquo; rating in the Portfolio Grader.



<h2>Lexaria Bioscience (LEXX)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/03/biotech-stocks-2-300x169.jpg" alt="A close-up concept image of a tiny glass vial with a strand of DNA in it. best biotech stocks"><div>Source: Shutterstock</div></div>Lexaria Bioscience (NASDAQ:<a href="https://investorplace.com/stock-quotes/lexx-stock-quote/">LEXX</a>) is a biotech company that has developed DehydraTECH, which is a drug delivery technology that improves the way active pharmaceutical ingredients enter the bloodstream.



Lexaria says its platform promotes healthier delivery methods and increases the effectiveness of drugs that are delivered by tablets, capsules and oral suspensions.



The DehydraTECH platform increases the absorption of the drug into a patient and helps the medication take effect faster. It also reduces the need for sugar-filled products because it can mask the taste of medications.



<a href="https://ir.lexariabioscience.com/?_gl=1&#x2A;11060yc&#x2A;_ga&#x2A;MjU3ODk0ODg3LjE3MTY5NzUwMDI.&#x2A;_ga_V4DPDS4HQZ&#x2A;MTcxNjk3NTAwMS4xLjAuMTcxNjk3NTAwMS4wLjAuMA..">Earnings for the second quarter of fiscal 2024</a> included revenue of $145,000, up from $20,000 a year ago. After factoring in research and development as well as general and administrative costs, Lexaria posted a loss of $652,000, down from a loss of $1.3 million in the same quarter a year ago.



LEXX stock is up 171% in 2024 and gets an &ldquo;A&rdquo; rating in the Portfolio Grader.



<h2>Talkspace (TALK)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/01/talkspace-300x169.jpg" alt="The Talkspace (TALK) logo is displayed on a smartphone screen."><div>Source: Ben__Stevens / Shutterstock.com</div></div>Everyone sometime needs someone to talk to &mdash; particularly if that person is a licensed therapist or psychiatrist. Talkspace (NASDAQ:<a href="https://investorplace.com/stock-quotes/talk-stock-quote/">TALK</a>) provides an online platform to connect patients and medical professionals for virtual counseling.



Services include therapists for adults and teens, as well as couples therapy and psychiatry. Patients can be treated for ADHD, bipolar disorders, panic and anxiety and other conditions. 



The company has a network of more than 5,000 clinicians, and recently launched partnerships with Baltimore County public schools in Maryland and New York City public schools. Therapy sessions can happen in live video, text, audio, or through messaging.



Revenue in the first quarter was $45.4 million, up 36% from a year ago. Talkspace posted a net loss of $1.4 million, which was an 83% improvement from last year.



TALK stock is up 11% from a year ago and it gets an &ldquo;A&rdquo; rating in the Portfolio Grader.



<h2>FingerMotion (FNGR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/10/fngr1600-300x169.png" alt="Woman pay with mobile phone by NFC technology. FNGR stock"><div>Source: leungchopan / Shutterstock.com</div></div>FingerMotion (NASDAQ:<a href="https://investorplace.com/stock-quotes/fngr-stock-quote/">FNGR</a>) is another Chinese tech company. It provides mobile services, telecommunications and mobile recharge data subscription plans in China.



FingerMotion also works in the electric vehicle space through its Da Ge app, which helps users locate and charge EVs. 



FingerMotion&rsquo;s affiliate, Shanghai JiuGe Information Technology, announced it will <a href="https://www.fingermotion.com/news/176-fingermotion-entering-into-arrangements-to-facilitate-widespread-use-of-charging-terminals-for-subscribers-of-the-da-ge-app">now it will also work</a> with Jiangsu YKC and Shanghai Anyo Charging Technology, which has more than 400,000 charging terminals, to integrate with the Da Ge app and give subscribers direct connections to those terminals.



FNGR stock is up 22% in the last three months. It gets an &ldquo;A&rdquo; rating in the Portfolio Grader.



<h2>JanOne (JAN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/12/shutterstock_1726134715-300x169.png" alt="Biochemical/biotech research scientist team working with microscope"><div>Source: Mongkolchon Akesin / Shutterstock.com</div></div>JanOne (NASDAQ:<a href="https://investorplace.com/stock-quotes/jan-stock-quote/">JAN</a>) is a biotech company that works to find nonaddictive treatments for conditions that cause severe pain. 



Drug addiction is a huge barrier toward overcoming medical conditions and JanOne&rsquo;s work is dedicated to helping people manage their pain without getting hooked on a treatment.



It currently has a drug candidate in Phase 2 trials to treat pain related to peripheral artery disease. JanOne says that 25% of patients who take medications for pain associated with peripheral artery disease are at risk for opioid prescriptions, and subsequent potential abuse.



Biotech companies can be challenging for investors because the research and development can last for several years with no guarantee that a drug will be taken to market. So there&rsquo;s always a risk associated with biotech investments, but the rewards can also be huge.



JAN stock is up more than 440% so far this year, and gets an &ldquo;A&rdquo; rating in the Portfolio Grader.



On Penny Stocks and Low-Volume Stocks:&#8239;With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s writers disclose this fact and warn readers of the risks.



Read More:&#8239;Penny Stocks &mdash;&nbsp;<a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/" target="_blank">How to Profit Without Getting Scammed</a>



On the date of publication, neither Louis&nbsp;Navellier nor the InvestorPlace Research Staff member primarily responsible for this article held (either directly or indirectly) any positions in the securities mentioned in this article.
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<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Pre-market stock movers are worth diving into this morning as we break down all of the biggest news sending shares higher and lower on Tuesday!



Moving stocks this morning are a bankruptcy filing, earnings reports, new deals and more.



Let&rsquo;s get into that news below!



<h2>Biggest Pre-Market Stock Movers: 10 Top Gainers</h2>



<ol><li>Chicken Soup for the Soul Entertainment (NASDAQ:<a href="https://investorplace.com/stock-quotes/cssep-stock-quote/">CSSEP</a>) stock is rocketing more than 222% after <a href="https://investorplace.com/2024/07/why-is-chicken-soup-for-the-soul-entertainment-csse-stock-down-29-today/">falling yesterday on a bankruptcy filing</a>. </li>



<li>Chicken Soup for the Soul Entertainment, Inc. &ndash; 9.50% Notes due 2025 (NASDAQ:<a href="https://investorplace.com/stock-quotes/cssen-stock-quote/">CSSEN</a>) are soaring close to 82% after yesterday&rsquo;s drop.</li>



<li>Roadzen (NASDAQ:<a href="https://investorplace.com/stock-quotes/rdzn-stock-quote/">RDZN</a>) shares are surging over 60% alongside its <a href="https://www.stocktitan.net/news/RDZN/roadzen-reports-record-revenue-growth-in-its-first-fiscal-year-as-a-47jyl3yay9h1.html">first public year-end earnings</a>.</li>



<li>IMAC (NASDAQ:<a href="https://investorplace.com/stock-quotes/back-stock-quote/">BACK</a>) stock is gaining more than 37% without any clear news this morning.</li>



<li>Versus Systems (NASDAQ:<a href="https://investorplace.com/stock-quotes/vs-stock-quote/">VS</a>) shares are rising over 31% after <a href="https://www.marketwatch.com/story/versus-systems-shares-climb-on-interim-ceo-appointment-business-review-589cd51b">naming an interim CEO</a>.</li>



<li>Zapp Electric Vehicles (NASDAQ:<a href="https://investorplace.com/stock-quotes/zapp-stock-quote/">ZAPP</a>) stock is increasing 30% despite a lack of news this morning.</li>



<li>Chicken Soup for the Soul (NASDAQ:<a href="https://investorplace.com/stock-quotes/csse-stock-quote/">CSSE</a>) shares are climbing more than 19% with its bankruptcy filing.</li>



<li>Ocean Power Technologies (NYSEMKT:<a href="https://investorplace.com/stock-quotes/optt-stock-quote/">OPTT</a>) stock is heading over 16% higher alongside heavy pre-market trading.</li>



<li>US Energy (NASDAQ:<a href="https://investorplace.com/stock-quotes/useg-stock-quote/">USEG</a>) shares are jumping more than 14% <a href="https://www.nasdaq.com/press-release/us-energy-corp-announces-transformative-acquisition-targeting-helium-production-2024">on a new acquisition deal</a>.</li>



<li>VS Media (NASDAQ:<a href="https://investorplace.com/stock-quotes/vsme-stock-quote/">VSME</a>) stock is up over 14% this morning.</li>
</ol><h2>10 Top Losers</h2>



<ol><li>Conn&rsquo;s (NASDAQ:<a href="https://investorplace.com/stock-quotes/conn-stock-quote/">CONN</a>) stock is plummeting nearly 35% despite a lack of news this morning.</li>



<li>Nukkleus (NASDAQ:<a href="https://investorplace.com/stock-quotes/nukk-stock-quote/">NUKK</a>) shares are diving almost 15% without any apparent news today.</li>



<li>Applied DNA Sciences (NASDAQ:<a href="https://investorplace.com/stock-quotes/apdn-stock-quote/">APDN</a>) stock is tumbling close to 12% without any news to note.</li>



<li>Senti Biosciences (NASDAQ:<a href="https://investorplace.com/stock-quotes/snti-stock-quote/">SNTI</a>) shares are taking a more than 11% beating <a href="https://ca.investing.com/news/company-news/senti-biosciences-awarded-8-million-for-cancer-trial-93CH-3480501">after a cancer funding rally yesterday</a>.</li>



<li>Datasea (NASDAQ:<a href="https://investorplace.com/stock-quotes/dtss-stock-quote/">DTSS</a>) stock is sliding close to 11% after <a href="https://www.marketwatch.com/story/datasea-shares-up-20-on-three-sales-agreements-for-china-units-de49a130">rallying yesterday on sales agreements</a>.</li>



<li>Presto Automation (NASDAQ:<a href="https://investorplace.com/stock-quotes/prst-stock-quote/">PRST</a>) shares are falling over 10% despite a lack of news this morning.</li>



<li>SAI.TECH Global (NASDAQ:<a href="https://investorplace.com/stock-quotes/sai-stock-quote/">SAI</a>) stock is decreasing more than 10% without any news to report.</li>



<li>Hudson Pacific Properties (NYSE:<a href="https://investorplace.com/stock-quotes/hpp-stock-quote/">HPP</a>) shares are dropping over 10% despite a lack of relevant news today.</li>



<li>Vintage Wine Estates (NASDAQ:<a href="https://investorplace.com/stock-quotes/vwe-stock-quote/">VWE</a>) stock is slipping more than 10% this morning.</li>



<li>Akso Health (NASDAQ:<a href="https://investorplace.com/stock-quotes/ahg-stock-quote/">AHG</a>) shares close out our pre-market stock movers down over 10% today.</li>
</ol>On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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Akso Health Group Sponsored ADR (AHG) has released an update. Akso Health Group has entered into a Securities Purchase Agreement to issue and sell ...

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