BigBear.ai Hldgs 株価情報 (NYSE: BBAI)

最新ニュース BigBear.ai Hldgs (NYSE:BBAI) 株価情報

BigBear.ai Hldgs

BigBear.ai Holdings Inc is a technology-led solutions organization, that provides both software and services to its customers. Its AI-powered decision intelligence solutions are leveraged in three markets; supply chains & logistics, autonomous systems, and cybersecurity. It operates in two segments; Cyber & Engineering segment and Analytics segment.

BigBear.ai Holdings Inc

BigBear.ai, Inc. Redeemable Warrants, each exercisable for one share of Common Stock at an exercise price of $11.50 per share

Stock futures dropped Sunday evening as investors react to mounting concerns about the U.S. economic outlook and President Donald Trump&#8216;s trade policies.
What Happened: Dow Jones Industrial Average futures fell 0.54% to 42,608.00, while S&amp;P 500 futures declined 0.62% to 5,740.00. Nasdaq-100 futures showed the steepest drop, falling 0.80% to 20,068.25 as of 8:00 pm Sunday, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro.</a>
The declines follow a difficult week for markets, with the S&amp;P 500 falling 3.10%, the Nasdaq Composite dropping 3.45%, and the Dow losing 2.37%. 
&#8220;The reverse Trump trade continues Sunday night,&#8221; economist Peter Schiff wrote on X. &#8220;U.S. stocks, the dollar, and Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) are selling off, while foreign stocks and gold are rallying. I believe this will be a powerful trend that is long overdue.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The reverse Trump trade continues Sunday night. So far this evening, U.S. stocks, the dollar, and Bitcoin are selling off, while foreign stocks and gold are rallying. I believe this will be a powerful trend that is long overdue and will likely continue for the rest of the decade.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1898873496349835702?ref_src=twsrc%5Etfw">March 9, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
In a Fox News interview Sunday, Trump described the economy as going through &#8220;a period of transition&#8221; when asked about recession possibilities. Bond market signals have raised alarm bells, with investors moving into short-dated Treasuries amid anticipation the Federal Reserve may cut <a href="https://www.benzinga.com/markets/25/03/44211421/us-economy-teetering-recession-may-be-looming-as-bond-market-reacts-to-trump-policies">interest rates as early as May</a>.
The White House recently rolled back some tariffs on Canada and Mexico, but uncertainty persists. Allianz Chief Economic Advisor Mohamed El-Erian suggested market reactions reflect companies valuing &#8220;predictability and clarity of policies&#8221; above all else.
<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">Some are wondering why we haven&#39;t had more of a bounce in US equities after the partial rollback of tariffs on Canada and Mexico. I suspect part of the answer lies in the extent to which companies and households value the predictability and clarity of policies. As one CEO put it…
&mdash; Mohamed A. El-Erian (@elerianm) <a href="https://twitter.com/elerianm/status/1897996009609085352?ref_src=twsrc%5Etfw">March 7, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Economist Justin Wolfers questioned the effectiveness of tariff policies on X Sunday, noting that while successful tariffs should boost American business and stock prices, &#8220;everytime he imposes tariffs, stocks fall. That&#8217;s the market rendering its judgment.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">If tariffs are going to work in the way Trump hopes they will &#8212; by rebuilding American business &#8212; they&#39;ll cause stocks to rise. But everytime he imposes tariffs, stocks fall. That&#39;s the market rendering its judgment. <a href="https://t.co/WivUUKd9u0">pic.twitter.com/WivUUKd9u0</a>
&mdash; Justin Wolfers (@JustinWolfers) <a href="https://twitter.com/JustinWolfers/status/1898837731238621244?ref_src=twsrc%5Etfw">March 9, 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/tech/25/03/44185179/elon-musk-mourned-teslas-lack-of-market-share-in-japan-in-2024-ev-giant-to-now-halt-sale-of-new-model-s-x-vehicles-in-country">Elon Musk Mourned Tesla&#8217;s Lack Of Market Share In Japan In 2024: EV Giant To Now Halt Sale Of New Model S, X Vehicles In Country</a>
Why It Matters: &#8220;Just a few weeks ago we were fielding questions about whether the <a href="https://www.benzinga.com/markets/25/03/44211421/us-economy-teetering-recession-may-be-looming-as-bond-market-reacts-to-trump-policies">U.S. economy&#8217;s re-accelerating</a> — and now all of a sudden the R word is being brought up repeatedly,&#8221; said Gennadiy Goldberg of TD Securities.
Warren Buffett recently characterized tariffs as &#8220;an act of war&#8221; that function as a consumer tax, while economist Justin Wolfers noted on X, &#8220;Everytime he imposes tariffs, stocks fall. That&#8217;s the market rendering its judgment.&#8221;
Trump&#8217;s tariff policies remain a central concern. Former White House communications director Anthony Scaramucci warned in a Yahoo Finance interview, &#8220;I think he&#8217;s going to put us into a recession, frankly,&#8221; describing tariffs as disproportionately affecting lower-income consumers.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/25/03/44210533/buffetts-tariff-warning-trumps-chips-act-repeal-and-sp-500s-post-election-slump-this-week-in-economics">Buffett&#8217;s Tariff Warning, Trump&#8217;s CHIPS Act Repeal, And S&amp;P 500&#8217;s Post-Election Slump: This Week In Economics</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.

Equities

News

Markets

$BTC

Stock Futures Drop As 'Reverse Trump Trade' Takes Hold—Peter Schiff Says Market Shift 'Long Overdue' And Will Likely Continue For A Decade

On Sunday, Bill Ackman responded to a post by David Sacks regarding the U.S. involvement in Ukraine. Ackman questioned the implications of allowing Russia to control Ukraine, emphasizing the strategic importance of Ukraine&#8217;s resources.
What Happened: Ackman posed a rhetorical question, asking if it would be beneficial for the U.S. to let Russia dominate Ukraine and its valuable resources, including rare earths and agriculture. He further inquired about the potential consequences if Russia were to expand its influence over Eastern Europe.
Ackman asked, &#8220;Once Russia has Ukraine, do we let them take the rest of Eastern Europe?&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">So you are saying it would be better if we allowed Russia to take control of Ukraine and control their rare earths, agriculture and other resources? How would that be better for the United States? And once Russia has Ukraine, do we let them take the rest of Eastern Europe?
&mdash; Bill Ackman (@BillAckman) <a href="https://twitter.com/BillAckman/status/1898765566912934181?ref_src=twsrc%5Etfw">March 9, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Sacks had previously posted on X that the U.S. should &#8220;never have gotten involved in Ukraine.&#8221; He claimed that the military-industrial complex profit and so did the family of former President Joe Biden, but Ukraine suffered.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The United States should never have gotten involved in Ukraine. The military-industrial complex profited. The Biden Family grifted. USAID grafted. Ukraine suffered.
&mdash; David Sacks (@DavidSacks) <a href="https://twitter.com/DavidSacks/status/1898455585676513395?ref_src=twsrc%5Etfw">March 8, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
In response to Ackman, Sacks countered that Ukraine&#8217;s neutrality from 1991 to 2014 did not cause issues for the U.S. and criticized the decision to involve Ukraine in NATO and support a coup in 2014.
See Also: <a href="https://www.benzinga.com/25/03/44212152/mark-carney-takes-justin-trudeaus-job-as-canadas-new-pm-ready-to-face-trumps-tariff-threats-i-know-how-to-manage-crises">Mark Carney Takes Justin Trudeau&#8217;s Job As Canada&#8217;s New PM, Ready to Face Trump&#8217;s Tariff Threats: &#8216;I Know How To Manage Crises&#8217;</a>
Why It Matters: Ackman&#8217;s comments come amid ongoing discussions about U.S. foreign policy and national security. Previously, Ackman has advocated for the U.S. to provide Ukraine with <a href="https://www.benzinga.com/news/23/09/34803646/bill-ackman-once-said-us-should-provide-ukraine-with-everything-they-need-to-fight-president-zelensk">comprehensive support</a> to combat Russian aggression. He has also expressed the need for decisive action from the U.S. government in response to the conflict.
In the past, Ackman has urged Biden to take a <a href="https://www.benzinga.com/news/22/02/25889752/bill-ackman-wants-biden-to-do-more-in-fight-against-russia-says-its-time-to-show-what-america-stands">stronger stance</a> against Russia, emphasizing the importance of demonstrating American values. Ackman <a href="https://www.benzinga.com/news/24/07/39763405/billionaire-investor-bill-ackman-announces-trump-endorsement-i-assure-you-that-i-have-made-this-deci">endorsed</a> President Donald Trump for the 2024 election further.
Ackman had <a href="https://www.benzinga.com/government/24/10/41495497/bill-ackman-dealmaker-donald-trump-is-key-to-avoiding-world-war-3">expressed fears of a World War 3</a> and said that the world had become a much more dangerous place under the Biden administration. He said, &#8220;I think Trump is going to end the war in Ukraine… Trump is a dealmaker, this is what he, in fact, does for a living.&#8221;
Trump <a href="https://www.benzinga.com/news/global/25/03/44101854/trump-reportedly-halts-ukraine-military-aid-pressures-zelenskyy-to-seek-peace-with-russia-amid-growing-rift">recently paused</a> U.S. military aid to Ukraine, pressuring President Volodymyr Zelenskyy to pursue peace talks with Russia, citing frustration over Ukraine&#8217;s stance on the war. Trump&#8217;s approval rating remained at 49%, with 44% of voters <a href="https://www.benzinga.com/news/global/25/03/44183107/trumps-approval-rating-48-voters-disapprove-of-handling-of-russia-ukraine-war-55-think-world-war-to-happen">disapproving of his handling of the Ukraine war</a>, as Americans remain divided on U.S. aid and the conflict&#8217;s outcome.
Image via Shutterstock
Check This Out:
<ul>
<li>Lawmakers Made Huge Investments This Year. <a href="https://www.benzinga.com/gov-trades">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Politics

General

Bill Ackman Clashes With David Sacks Over Ukraine Strategy, Asks If US Should Let Russia 'Take The Rest Of Eastern Europe'

Leading cryptocurrencies sold off Sunday evening as President Donald Trump declined to rule out the possibility of a recession.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-7.19%</td>
<td>$80,182.57</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>-9.24%</td>
<td>$2,004.60</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>-13.00%</td>
<td>$0.1677</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin tumbled to $80,000 overnight, plunging over 7% in the last 24 hours. This was the steepest drop for the apex cryptocurrency since it <a href="https://in.benzinga.com/markets/cryptocurrency/25/02/44039431/bitcoin-plummets-below-80000-ethereum-xrp-dogecoin-get-hammered-as-crypto-crash-continues">fell below $80,000</a> ten days ago.&nbsp;
Bitcoin's decline sent ripples through the rest of the market, with leading assets like Ethereum and Dogecoin going blood red just before the start of a new trading week.
Over $615 million was liquidated from the cryptocurrency market in the last 24 hours, with $540 million in upside bets getting wiped out.
Bitcoin's Open Interest fell 2.62% in the last 24 hours, while Ethereum witnessed a 5.57% decline in money locked in its derivatives market.
That said, traders were buying the dip as the number of long positions for Bitcoin dramatically surged vis-à-vis shorts, according to the Long/Short Ratio.
The Crypto Fear and Greed Index moved back into the "Extreme Fear" zone, signaling a bearish sentiment.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Story (IP)</td>
<td>+4.51%</td>
<td>$4.99</td>
</tr>
<tr>
<td>Tether Gold (XAUt)</td>
<td>+0.11%</td>
<td>$2,908.65</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $2.65 trillion, plunging 6.74% in the last 24 hours.
Stock futures plummeted on Sunday evening. The Dow Jones Industrial Average Futures fell 255 points, or 0.59%, as of 8:30 p.m. ET. Futures tied to the S&amp;P 500 sank 0.74%, while Nasdaq 100 Futures lost 0.96%.
<a href="https://www.benzinga.com/personal-finance/25/03/44211491/trumps-tariff-delay-gives-americas-favorite-truck-temporary-relief">Tariff developments</a> have weighed on the market, with the Dow Jones Industrial Average and S&amp;P 500 losing 2.49% and 2.85% last week.
In an interview with Fox News, Trump was asked if he expected a recession this year, to which he replied, "I hate to predict things like that. There is a period of transition because what we&#8217;re doing is very big. We&#8217;re bringing wealth back to America."
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Trump says tariffs could go up in the future" width="500" height="281" src="https://www.youtube.com/embed/wQ0vjc8UzDw?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
This week, investors will focus on key inflation data, with February's consumer price index scheduled for Wednesday followed by the producer price index on Thursday.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Arthur Hayes, co-founder of cryptocurrency exchange BitMEX and Chief Investment Officer at Maelstrom Fund, noted the "ugly" start to the week.
&#8220;Looks like BTC will retest $78,000. If it fails, $75,000 is next in the crosshairs," Hayes predicted. "There are a lot of options OI [Open Interest] struck $70-$75,000, if we get into that range, it will be violent.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">An ugly start to the week. Looks like <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> will retest $78k. If it fails, $75k is next in the crosshairs. There are a lot of options OI struck $70-$75k, if we get into that range it will be violent. <a href="https://t.co/q4cq0rthGJ">pic.twitter.com/q4cq0rthGJ</a>
&mdash; Arthur Hayes (@CryptoHayes) <a href="https://twitter.com/CryptoHayes/status/1898867933679616103?ref_src=twsrc%5Etfw">March 9, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Widely followed cryptocurrency analyst and trader Daan Crypto Trades highlighted the formation of a new CME gap, suggesting a "choppy" and volatile trading environment.
"There&#8217;s now a new gap open up to ~$86,000. There&#8217;s also still the gap from way before open around ~$77,000, which didn&#8217;t close entirely last time around. So keep an eye out for those levels this week, " the analyst remarked.
CME gaps are the differences in price between the closing price on a given trading day and the opening price on the following trading day on a Bitcoin futures chart.&nbsp;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> Another week, another gap created. The fact that we&#39;re making these massive gaps on a weekly basis now just shows how choppy and volatile the current environment has been. There&#39;s now a new gap open up to ~$86K. There&#39;s also still the gap from way before open around ~$77K… <a href="https://t.co/D0ohrpEY0c">pic.twitter.com/D0ohrpEY0c</a>
&mdash; Daan Crypto Trades (@DaanCrypto) <a href="https://twitter.com/DaanCrypto/status/1898897882377531636?ref_src=twsrc%5Etfw">March 10, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo by SvetlanaParnikova on Shutterstock
Read Next:    
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44209192/sam-bankman-fried-says-when-rubber-meets-the-road-on-cryptos-fate-under-trump-slams-bidens-policies">Sam Bankman-Fried Says &#8216;When Rubber Meets The Road&#8217; On Crypto&#8217;s Fate Under Trump, Slams Biden&#8217;s Policies</a></li>
</ul>

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

Cryptocurrency

Movers

Trading Ideas

$DOGE

$ETH

Bitcoin, Ethereum And Dogecoin Crash As Trump Refuses To Rule Out Recession: Arthur Hayes Predicts BTC To Retest $78,000

Mark Carney, a former central banker, is poised to become Canada&#8217;s new prime minister, with the task of steering the nation through the challenges posed by tariffs imposed by Donald Trump.
What Happened: The Liberals announced Carney as the successor to Justin Trudeau on Sunday, following a party voting contest, as reported by Reuters. Trudeau stepped down in January amidst dwindling approval ratings after nearly a decade in power.
Carney, 59, is a political outsider who has never held office, a factor that would typically hinder his candidacy in Canada. However, his distance from Trudeau and his high-profile banking career played in his favor. Carney believes he is the only candidate equipped to handle Trump&#8217;s tariffs.
&#8220;I know how to manage crises &#8230; in a situation like this, you need experience in terms of crisis management, you need negotiating skills,&#8221; said Carney.
See Also: <a href="https://www.benzinga.com/25/03/44183216/elizabeth-warren-wants-to-know-from-elon-musk-mark-zuckerberg-and-jeff-bezos-how-much-they-spent-lobbying-for-potential-windfall-accuses-tech-giants-of-cozying-up-up-to-trump-admini">Elizabeth Warren Wants To Know From Elon Musk, Mark Zuckerberg And Jeff Bezos How Much They Spent Lobbying For &#8216;Potential Windfall&#8217; — Accuses Tech Giants Of &#8216;Cozying Up&#8217; Up To Trump Administration</a>
Why It Matters: Carney&#8217;s appointment also marks a significant shift in Canadian politics, as he is set to be the first person to become Canadian prime minister without prior legislative or cabinet experience. 
His diverse background, including a stint as a college-level ice hockey goalkeeper at Harvard and 13 years at Goldman Sachs, coupled with his handling of the financial crisis and his work on finance and climate change at the United Nations, may bring a fresh perspective to the role.
The announcement of Carney&#8217;s prime ministership comes amidst <a href="https://www.benzinga.com/25/01/42806662/justin-trudeau-set-to-resign-as-prime-minister-of-canada-report">escalating trade tensions between the U.S. and Canada</a>. Trump had threatened to impose reciprocal tariffs on Canadian lumber and dairy products, accusing Canada of "ripping us off for years" with a 250% tariff on U.S. dairy. 
In response, Trudeau <a href="https://www.benzinga.com/markets/25/03/44102599/canadian-pm-justin-trudeau-retaliates-with-25-tariffs-on-us-goods-amid-escalating-trade-war">announced a 25% tariff on C$155 billion ($109 billion) worth of U.S. goods</a>. This tit-for-tat tariff war has been a significant concern for both nations, and Carney&#8217;s banking experience and crisis management skills could prove crucial in navigating these challenges.
Photo Courtesy: bella1105 On Shutterstock.com
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Mark Carney Takes Justin Trudeau's Job As Canada's New PM, Ready to Face Trump's Tariff Threats: 'I Know How To Manage Crises'

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) has unveiled a host of new products within a short span of two weeks, straying from its traditional staggered launch strategy.
Bloomberg columnist Mark Gurman in his <a href="https://www.bloomberg.com/news/newsletters/2025-03-09/apple-ipad-air-mac-studio-macbook-air-thoughts-company-explores-smart-glasses?srnd=undefined&amp;sref=TBDibEcD">latest </a>weekly "Power On" has shared that Apple&#8217;s recent product launches include a new iPhone, low-end iPad, iPad Air, iPad keyboards, MacBook Air, Mac Studio, and the M3 Ultra chip. 
Such a wave of releases is not common for the tech giant, especially outside its usual fall product season.
The company&#8217;s strategy seems to be leveraging the robust momentum of the Mac and iPad, which saw over 15% sales growth during the holiday quarter. While the new models are minor updates, they initiate&nbsp;a new marketing cycle and&nbsp;may prompt some consumers to upgrade.
Amidst sluggish iPhone sales, Apple is pulling out all the stops to bolster&nbsp;its second-quarter results and meet&nbsp;guidance. The iPhone 16e&#8217;s $599 price tag is part of this strategy.
Additionally, Apple is reportedly investigating various glasses concepts and has incorporated a Vision Pro app and new AI capabilities into its latest iOS beta software. The tech behemoth is also developing a smart home hub, codenamed J490, equipped with an iPad-like screen and home-control features.
Also Read: <a href="https://www.benzinga.com/tech/25/03/44068020/apples-ai-crisis-falling-behind-in-the-ai-race">Apple&#8217;s AI Crisis: Falling Behind In The AI Race?</a>
However, Apple&#8217;s AI strategy has faced scrutiny as it recently postponed Siri features that were announced at the previous Worldwide Developers Conference. The company is anticipated to reveal plans for extending current capabilities to more apps at the forthcoming conference in June.
The deviation from Apple&#8217;s usual staggered launch strategy indicates a shift in the company&#8217;s approach to market penetration. 
By releasing a slew of products at once, Apple is aiming to capitalize on the strong sales momentum of the Mac and iPad. 
The move also appears to be a response to slow iPhone sales, with the company seeking to boost its second-quarter results.
Apple&#8217;s exploration of smart glasses and the development of a smart home hub signal the company&#8217;s continued push into new tech frontiers. 
However, the delay in Siri features and the scrutiny of its AI strategy highlight the challenges Apple faces in these areas.
Read Next
<a href="https://www.benzinga.com/tech/25/02/43903365/apple-ditches-budget-smartphone-segment-with-iphone-16e-launch" target="_blank" rel="noreferrer noopener">Apple Ditches Budget Smartphone Segment With iPhone 16E Launch</a>

Tech

AAPL

Apple Breaks Tradition With A Flood Of New Releases; Explores Smart Glasses

Mark Cuban, the billionaire entrepreneur and a regular on Shark Tank, once publicly challenged the legitimacy of President Donald Trump&#8217;s billionaire status.
What Happened: During a podcast in 2016, Cuban insinuated that Trump&#8217;s cash assets do not exceed $165 million, a sum significantly smaller than Cuban&#8217;s own wealth, estimated at $5.7 billion.
This is not the first instance of Cuban expressing criticism towards Trump. The relationship between the two, which was once amicable, has deteriorated over time. 
One of the most significant criticisms from Cuban was his public questioning of Trump&#8217;s billionaire status. Cuban referred to Trump&#8217;s&nbsp;Federal Election Commission (FEC) filings,&nbsp;arguing that the figures do not corroborate Trump&#8217;s claims of being a billionaire. 
&#8220;I know what I&#8217;m good at, and I know what I&#8217;m not good at. I&#8217;m not so sure Donald knows what he&#8217;s not good at,&#8221; Cuban <a href="https://wabcradio.com/bernieandsid/">said </a>during the interview.
Cuban also said that Trump was good at putting his name on big buildings and licensing his name on hotels, but it isn&#8217;t clear how much money that has made him. 
&#8220;He&#8217;s good at that. Whether or not that&#8217;s made him a billionaire, I don&#8217;t know,&#8221; Cuban said. &#8220;He&#8217;s not transparent enough for us to actually know.&#8221;
Also Read: <a href="https://www.benzinga.com/news/25/03/44065757/mark-cuban-warns-elon-musk-is-making-trumps-job-1000-times-harder">Mark Cuban Warns Elon Musk Is Making Trump&#8217;s Job &#8216;1,000 Times Harder&#8217;</a>
He further examined Trump&#8217;s business undertakings, implying a lack of focus in them.
&#8220;So when you&#8217;re putting your name on steaks, and you&#8217;re putting your name on water, you&#8217;re putting your name on playing cards, you&#8217;re putting your name on all this nonsense, right? You&#8217;re not gonna make big bucks, no matter what. It&#8217;s not like Trump Steaks were gonna make him $100 million. It&#8217;s not like it was gonna make him $5 million,&#8221; Cuban added. 
During the interview at that time, Cuban said he has more money than Trump. &#8220;It&#8217;s not even close, I do,&#8221; Cuban said. 
&#8220;Before all the Trumpians jump on me on who has more money, the reason I know is when you file your federal election campaign reports, you have to list all your cash and liquid securities and bonds. You have to list them one by one. So we know without any question that as of May 27, Donald doesn&#8217;t have more than $165 million in cash and securities and bonds,&#8221; he said. 
&#8220;And trust me, I&#8217;ve got a lot of more than that in cash, securities, and bonds. And so you know, I&#8217;m willing to bet dimes against dollars that that&#8217;s pretty much what he&#8217;s got,&#8221; he continued. 
Why It Matters: The public questioning of Trump&#8217;s billionaire status by Cuban signifies a considerable intensification in their ongoing discord. This development is significant as it adds another layer to the ongoing feud between two high-profile personalities. 
Cuban&#8217;s questioning of Trump&#8217;s billionaire status not only challenges Trump&#8217;s financial credibility but also hints at deeper issues in Trump&#8217;s business ventures. 
This could potentially impact public perception of Trump&#8217;s business acumen and his overall reputation as a successful entrepreneur.
Read Next
<a href="https://www.benzinga.com/tech/25/02/43424157/mark-cuban-suggests-20-minute-daily-habit-to-destabilize-musk-zuckerberg-and-even-president-trump" target="_blank" rel="noreferrer noopener">Mark Cuban Suggests 20-Minute Daily Habit to ‘Destabilize' Musk, Zuckerberg, and Even President Trump</a>

Mark Cuban Once Questioned Whether Donald Trump Is Really a Billionaire

The Chevrolet Silverado, one of America&#8217;s best selling pickup trucks, received a month-long reprieve Thursday when President Donald Trump announced a delay on tariffs for Mexican imports <a href="https://www.benzinga.com/25/03/44149833/trump-delays-ford-gm-stellantis-from-from-tariffs-on-mexico-canada-for-one-month">covered by the United States-Mexico-Canada Agreement trade agreement until April 2</a>. 
The decision temporarily shields the iconic vehicle from price hikes that threaten to disrupt its international supply chain and potentially drive its <a href="https://www.chevrolet.com/trucks/silverado/1500">$40,000 to $70,000 sticker price</a> even higher. 
Trump announced the delay following a conversation with Mexican President Claudia Sheinbaum. &#8220;I did this as an accommodation, and out of respect for, President Sheinbaum,&#8221; <a href="https://truthsocial.com/@realDonaldTrump/posts/114116432894994278">Trump wrote on Truth Social</a>, citing cooperation on border security and fentanyl trafficking.
Don't Miss:
<ul>
<li>BlackRock is calling 2025 the year of alternative assets. <a href="https://www.benzinga.com/money/masterworks">One firm from NYC has quietly built a group of 60,000+ investors who have all joined in on an alt asset class previously exclusive to billionaires like Bezos and Gates.</a></li>
<li>Dogecoin millionaires are increasing –<a href="https://www.benzinga.com/money/dogecoin-millionaires"> investors with $1M+ in DOGE revealed! </a></li>
</ul>
According to <a href="https://www.cnn.com/2025/03/06/economy/tariffs-delay-mexico-canada/index.html">CNN</a>, Commerce Secretary Howard Lutnick indicated that Canadian tariffs might also see a similar postponement, though no official announcement had been made by late Thursday. A senior Canadian government source told CNN that negotiations were ongoing without clarity on whether the tariffs would be lifted. 
The stakes remain high for the Silverado. Of the 673,000 units General Motors Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) produced last year, 31% were built at the company&#8217;s factory in Silao, Mexico, and 20% at its Oshawa, Canada plant, according to <a href="https://www.ft.com/content/fb55f297-7e29-4215-a67f-4217e1a026d6">the Financial Times</a>.
Trending: <a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now </a>
Even Silverados manufactured at U.S. facilities in Michigan and Indiana rely on cross-border parts including power steering and door trim panels from Mexico, rear lighting from Canada, airbag modules from Germany and center displays from Japan, according to S&amp;P Global Mobility data cited by the FT. 
Data collected by Export Genius cited by the FT showed Mexican exports of Silverado components totaled nearly $30 billion last year, with braking systems alone accounting for $4.3 billion. 
GM has been preparing for potential tariffs since Trump&#8217;s election. According to the FT, CFO Paul Jacobson said at a <a href="https://www.cnbc.com/2025/02/11/ford-ceo-says-trumps-tariffs-are-causing-chaos-in-auto-industry.html">Wolfe Research investment conference</a> last month that the company had reduced inventory at non-U.S. plants by nearly a third &#8220;because the last thing you want is a bunch of finished inventory that&#8230; suddenly became 25% more expensive just with the passage of time.&#8221; 
See Also: It&#8217;s no wonder Jeff Bezos holds over $250 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a>
The temporary nature of the reprieve leaves automakers in a difficult position. Major manufacturing shifts would require billions in investment, yet companies remain hesitant to commit those resources amid ongoing uncertainty. 
The tariff delay represents a significant—if temporary—shift in the administration&#8217;s trade approach that had rattled markets, businesses and consumers, <a href="https://www.cnn.com/2025/03/06/economy/tariffs-delay-mexico-canada/index.html">according to CNN</a>. 
Since taking office, Trump has implemented a staggered approach to tariffs. The President initially announced 25% tariffs on Canada and Mexico would begin Feb. 1, before delaying them several times. The administration also imposed 10% tariffs on Chinese goods on Feb. 4. 
For now, the Silverado and other vehicles manufactured within the North American trade zone have breathing room. But with April 2 looming as the next tariff deadline, auto industry <a href="https://www.benzinga.com/markets/25/03/44135215/trumps-tariffs-could-wipe-out-profits-for-gm-ford-and-stellantis-barclays-warns-tariffs-of-this-magnitude-are-unlikely-to-stick">executives and supply chain managers face difficult decisions in the coming weeks</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/money/mark-cubans-advice-for-lotto-winners">Many are surprised by Mark Cuban's advice for lotto winners: Cash or annuity?</a></li>
<li>The secret weapon in billionaire investor portfolios that you almost certainly don't own yet. <a href="https://www.benzinga.com/money/masterworks">See which asset class has outpaced the S&amp;P 500 (1995-2024) – and with near-zero correlation.</a></li>
</ul>

Personal Finance

Trump's Tariff Delay Gives America's Favorite Truck Temporary Relief

Esteemed investor Peter Lynch shared his insights on the current state of the stock market and his strategies for selecting stocks.
What Happened: Lynch, in his discussion with Barron&#8217;s, emphasized the superiority of growth stocks, which are companies experiencing significant sales growth, over non-growth stocks. He warned investors not to mistake earnings growth, which can include turnarounds and cyclicals, for sales growth.
Despite the growing popularity of passive management, Lynch pointed out that active management continues to flourish at&nbsp;Fidelity, with many funds consistently outperforming their benchmarks.
Lynch underscored the importance of investing in companies that offer innovative products or services. He cited&nbsp;Stop &amp; Shop&nbsp;and&nbsp;Dunkin&#8217; Donuts&nbsp;as examples of successful local companies.
During <a href="https://www.barrons.com/articles/peter-lynch-how-to-find-growth-opportunities-in-todays-stock-market-51576877980">the </a>interview, when asked about what characterizes a great company, Lynch said, &#8220;My best stocks have been ones where I didn't have to worry about the big picture. A company with a better mousetrap, a growth company in a non-growth industry.&nbsp;
He expressed regret for not investing sooner in companies such as&nbsp;Walmart Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) and&nbsp;Sherwin Williams Co.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHW#NYSE">SHW</a>), attributing this to a lack of research and an underestimation of their growth potential.
Also Read:&nbsp;<a href="https://www.benzinga.com/markets/25/01/42935107/peter-lynchs-money-making-advice-when-things-go-from-terrible-to-semi-terrible-to-ok-you-can-make-a-lot-of-money" target="_blank" rel="noreferrer noopener">Peter Lynch&#8217;s Money-Making Advice: ‘When Things Go From Terrible to Semi-Terrible to OK, You Can Make a Lot of Money&#8217;</a>
Lynch advised investors to invest in a stock during the early stages of its growth and to sell before it reaches its peak. He also raised concerns about the current scarcity of growth companies, flagging this as a potential warning sign.
&#8220;If you cannot find growth companies in innings three through five of the ballgame, look at turnarounds, special situations, back at the cyclicals. There's a real shortage now of growth companies. That is a red flag, because all the money is flowing into a few companies. There's an end to that game. It will scare me if this trend continues for a couple more years,&#8221; he added. 
Why It Matters: Lynch&#8217;s insights come at a time when the stock market is experiencing significant volatility. His emphasis on the importance of growth stocks and active management provides valuable guidance for investors navigating this uncertain landscape. 
His regret over missed investment opportunities serves as a reminder of the importance of thorough research and the potential benefits of investing in companies with strong growth potential. 
His warning about the scarcity of growth companies could signal a shift in market dynamics, making his insights particularly relevant for investors.
Read Next
<a href="https://www.benzinga.com/markets/25/02/43420625/peter-lynchs-stock-tips-theres-no-shame-in-losing-money-on-a-stock-what-is-shameful-is-to-hold-on-to-a-stock-when-fundamentals-are-deteriorating" target="_blank" rel="noreferrer noopener">Peter Lynch's Stock Tips: ‘There's No Shame In Losing Money On A Stock, What Is Shameful Is To Hold On To A Stock When Fundamentals Are Deteriorating'</a>

Success Stories

Peter Lynch's Evergreen Market Advice: 'If You Can't Find Growth Companies In Innings Three Through Five, Look At Turnarounds'

Anthony Scaramucci, former White House communications director, has expressed concern that President Donald Trump&#8216;s tariff policies may push the <a href="https://www.benzinga.com/news/24/11/41866624/scaramucci-on-trump-win-i-got-it-wrong-im-not-going-to-whine-about-it">U.S. into a recession</a>.
What Happened: Scaramucci, who is also the founder of&nbsp;SkyBridge Capital, in&nbsp;an interview with Yahoo Business, criticized the tariff policies of President Trump. He described these policies as harmful and potentially capable of inducing a recession.
Scaramucci compared tariffs to a&nbsp;consumption tax, similar to a&nbsp;value-added tax (VAT), and stated that they disproportionately affect lower-income individuals. &#8220;So&nbsp;what ends up happening is&nbsp;the poor people, it eats&nbsp;up more of their disposable&nbsp;income than any other income&nbsp;group,&#8221; he commented.
While he suggested that&nbsp;some trade agreements should be&nbsp;restructured to protect American workers, Scaramucci disagreed with Trump&#8217;s sweeping tariff policies. &#8220;I&nbsp;don't think this sort of&nbsp;blanket approach is the right&nbsp;way to do it…And I&nbsp;think he's going to&nbsp;put us into a recession, frankly,&#8221; he added.
Also Read: <a href="https://www.benzinga.com/news/25/02/43423724/scaramucci-warns-against-trumps-tariffs-urges-lawmakers-to-take-stand-crazy-nonsense">Scaramucci Warns Against Trump&#8217;s Tariffs, Urges Lawmakers To Take Stand: &#8216;Crazy Nonsense&#8217;</a>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&quot;I think [President Trump&#39;s] just going to put us into a recession, frankly,&quot; Skybridge Capital founder <a href="https://twitter.com/Scaramucci?ref_src=twsrc%5Etfw">@Scaramucci</a> told <a href="https://twitter.com/BrianSozzi?ref_src=twsrc%5Etfw">@BrianSozzi</a>. <a href="https://t.co/kk5egaHsbK">pic.twitter.com/kk5egaHsbK</a>
&mdash; Yahoo Finance (@YahooFinance) <a href="https://twitter.com/YahooFinance/status/1898207041988313554?ref_src=twsrc%5Etfw">March 8, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Despite the criticism, President Trump continues to stand by his tariff-driven economic policy. This is evident as the White House recently retracted tariffs on Canada and Mexico. Trump maintains&nbsp;that short-term economic turbulence is&nbsp;a necessary sacrifice for achieving long-term goals.
Why It Matters: The potential for a recession due to Trump&#8217;s tariff policies is a significant concern for the US economy. 
The tariffs, which are essentially a consumption tax, could disproportionately affect lower-income individuals, leading to economic instability. Furthermore, the disagreement over the approach to trade agreements highlights the ongoing debate about the best way to protect American workers and industries. 
The persistence of these issues could potentially lead to an economic downturn, as predicted by Scaramucci and Yang.
Read Next
<a href="https://www.benzinga.com/news/24/11/42254953/scaramucci-on-trump-deportation-plan-were-going-to-have-a-stock-market-crash">Scaramucci on Trump Deportation Plan: &#8216;We&#8217;re Going To Have a Stock Market Crash&#8217;</a>

Anthony Scaramucci Slams Donald Trump: 'He's Going To Put Us Into A Recession, Frankly'

The bond market is sounding the alarm bells for a potential U.S. economic slowdown, as President Donald Trump&#8216;s tumultuous tariff policies and federal workforce cuts threaten to further hinder growth.
What Happened: Investors have been pouring money into short-dated Treasuries, leading to a significant dip in the two-year yield since mid-February. 
This move is a response to the anticipation that the Federal Reserve may begin to slash interest rates as early as May to ward off further economic deterioration, <a href="https://www.bloomberg.com/news/articles/2025-03-09/the-bond-market-s-trump-trade-is-looking-like-a-recession-trade?srnd=homepage-americas&amp;sref=TBDibEcD">reports </a>Bloomberg. 
&#8220;Just a few weeks ago we were fielding questions about whether we think the US economy&#8217;s re-accelerating —- and now all of a sudden the R word is being brought up repeatedly,&#8221; Gennadiy Goldberg, head of US interest rate strategy at TD Securities told the outlet.
The swift shift from optimism about growth to despair starkly contrasts the resilience of the US economy in recent years. Investors initially thought that Trump&#8217;s presidency would amplify this trend, predicting faster growth and inflation, which drove yields higher late last year.
Also Read: <a href="https://www.benzinga.com/markets/25/02/43756824/market-instability-looms-in-trumps-second-term-warns-paul-tudor-jones-theres-no-room-for-mistakes">Market Instability Looms in Trump&#8217;s Second Term, Warns Paul Tudor Jones: &#8216;There&#8217;s No Room for Mistakes&#8217;</a>
However, since mid-February, Treasury yields have fallen as the new administration&#8217;s policies have sown considerable uncertainty over the economic outlook. 
A key factor has been Trump&#8217;s escalating trade war, which is predicted to trigger another inflation shock and disrupt global supply chains.
&#8220;Recession&nbsp;risk is definitely higher because&nbsp;of the sequence of Trump&#8217;s&nbsp;policies – tariffs first, tax&nbsp;cuts later,&#8221; said&nbsp;Tracy Chen,&nbsp;a portfolio manager at Brandywine&nbsp;Global Investment Management.
Why It Matters: The bond market&#8217;s reaction is a clear indication of the growing concerns about the US economy&#8217;s health. The shift in investor sentiment, from optimism to despair, underscores the uncertainty and potential risks associated with the current administration&#8217;s policies. 
The escalating trade war and the potential for another inflation shock could further destabilize global supply chains and hinder economic growth.
Moreover, the Federal Reserve&#8217;s potential move to reduce interest rates as early as May, a measure typically taken to prevent economic decline, further highlights the severity of the situation. 
The economic implications of these developments could be far-reaching, affecting not only the US but also the global economy.
Read Next
<a href="https://www.benzinga.com/news/25/03/44211240/warren-buffett-on-debt-and-donald-trumps-money-moves-trump-never-went-right">Warren Buffett on Debt and Donald Trump&#8217;s Money Moves: Trump &#8216;Never Went Right&#8217;</a>

US Economy Teetering? Recession May Be Looming As Bond Market Reacts To Trump Policies

Bank of America Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) has issued a warning to a select group of customers about a possible data breach. The breach could have potentially exposed sensitive data, including personal details <a href="https://www.benzinga.com/news/23/11/35738108/unexpected-account-shutdowns-at-major-banks-lead-to-frustration-accusations-of-discrimination">and Social Security numbers</a>.
What Happened: The Bank of America has alerted a small group of its customers about a data breach that may have exposed confidential information. The breach, which took place on December 30, was a result of improper handling of confidential documents by a third-party document destruction service provider.
While the exact number of affected accounts has not been disclosed, the bank confirmed&nbsp;that at least two customers&nbsp;in Massachusetts have been impacted. 
The bank <a href="https://www.mass.gov/doc/2025-302-bank-of-america/download">said</a> in a statement, &#8220;A document destruction vendor did not secure bank-related materials appropriately in transport. Some documents were found outside of the secure containers on the exterior of the financial center.&#8221;
The information that could have been exposed includes&nbsp;names, financial account details, addresses,&nbsp;phone numbers, email addresses, gender,&nbsp;dates of birth, social security&nbsp;numbers,&nbsp;and other unique government ID&nbsp;data.
Also Read:&nbsp;<a href="https://www.benzinga.com/news/24/12/42716153/massive-data-breach-exposes-millions-of-credit-and-debit-cards-is-your-account-safe" target="_blank" rel="noreferrer noopener">Massive Data Breach Exposes Millions of Credit and Debit Cards—Is Your Account Safe?</a>
This incident comes on the heels of a similar breach in January where&nbsp;data of at least 414&nbsp;customers were put at risk due to another third-party breach. 
In light of the recent incident, Bank of America&nbsp;is offering the potentially impacted&nbsp;customers a&nbsp;complimentary membership to an identity-theft&nbsp;protection service for two years.
Why It Matters: This is not the first time Bank of America has faced a data breach issue. In January, a similar incident occurred, putting the data of hundreds of customers at risk. 
These recurring breaches highlight the vulnerabilities in the bank&#8217;s data security measures and the potential risks associated with third-party service providers. 
As a result, the bank is now offering identity-theft protection services to potentially affected customers, indicating its efforts to mitigate the impact of such breaches and restore customer trust.
Read Next
<a href="https://www.benzinga.com/news/24/10/41305389/major-banks-suffer-data-breaches-how-safe-is-your-information" target="_blank" rel="noreferrer noopener">Major Banks Suffer Data Breaches: How Safe Is Your Information?</a>
Image: Shutterstock

Bank of America Sounds Alarm on Massive Data Breach, Millions Could Be Affected - Is Your Account Safe?

Own the DOGE, the group behind the original Doge meme's intellectual property, has unveiled a new meme coin named Cocoro (COCORO), launched on Base, the Ethereum layer-2 network developed by Coinbase.
What Happened: The coin's debut coincided with a blog <a href="https://kabochan.blog.jp/archives/53553858.html">post </a>from Atsuko Sato, the owner of the late Kabosu—the Shiba Inu that inspired Dogecoin—introducing her newly adopted 10-year-old rescue dog, Cocoro. The IP around Cocoro is being officially managed by Own the Doge.
COCORO's market cap quickly surged past $80 million after its launch on Saturday, before dropping to around $46 million with a token price near $0.046. Tokenomics show 75% of the supply was locked into liquidity pools, 20% distributed via airdrops to DOG and NEIRO holders, and the remaining 5% allocated to a DAO reserve.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43420393/analyst-forecasts-mammoth-200-surge-for-this-dogecoin-and-shiba-inu-competitor">Analyst Forecasts Mammoth 200% Surge for This Dogecoin and Shiba Inu Competitor</a>
The project's pseudonymous CEO, Smoke, <a href="https://decrypt.co/309199/next-dogecoin-cocoro-official-base-meme-coin">told </a>the Decrypt that the team chose Base for its scalability and affordability. "We are big fans of what Base is doing for the ecosystem," said Smoke. "They have made it fast and affordable to build on Ethereum at scale." He added that DOG, their previous token, has over 1 million holders on Base.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We are delighted to welcome the latest member of Atsuko's family, Cocoro! With Atsuko's blessing, OTD is launching <a href="https://twitter.com/search?q=%24Cocoro&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$Cocoro</a>. The launch is intended to defend against unofficial, extractive deployments, while being as fair as possible and benefitting Atsuko's existing supporters.… <a href="https://t.co/6jZZK5JgS3">pic.twitter.com/6jZZK5JgS3</a>
&mdash; Own The Doge &#x1f436;&#x1f5bc; (@ownthedoge) <a href="https://twitter.com/ownthedoge/status/1898337988087599412?ref_src=twsrc%5Etfw">March 8, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>), launched in 2013 without Sato's approval, went on to become one of the most valuable meme coins. In contrast, Own the Doge (DOG) was built after securing the rights to the original Doge meme photo in 2021, giving it a formal IP foundation. 
Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) and Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) are notable platforms with meme coin exposure. Investors may also look to ETFs like ProShares Bitcoin Strategy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BITO#NYSE">BITO</a>) or Valkyrie Bitcoin Miners ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WGMI#NASDAQ">WGMI</a>) for broader crypto-related plays.
Why It Matters: Following Cocoro's launch, DOG jumped 25% in value, per CoinGecko data. Meanwhile, NEIRO—another meme token based on a dog adopted by Sato last year—dropped 14% after Cocoro's release. Though the NEIRO token won a DAO vote for official backing, a formal agreement has yet to be signed.
The Cocoro launch marks a shift in how meme coins tied to Sato's dogs are introduced, with a deliberate attempt to create official pathways and IP clarity around future projects.
Read Next
<a href="https://www.benzinga.com/markets/cryptocurrency/24/03/37573802/forget-dogecoin-and-shiba-inu-this-meme-coin-has-surged-nearly-70-in-just-24-hours" target="_blank" rel="noreferrer noopener">Forget Dogecoin And Shiba Inu — This Meme Coin Has Surged Nearly 70% In Just 24 Hours</a>

BITO

COIN

HOOD

WGMI

New Meme Coin Cocoro Launched By Dogecoin's IP Rights Holder

The Trump Organization has launched a lawsuit against Capital One, alleging that the bank closed hundreds of President Donald Trump-linked accounts for politically motivated reasons.
What Happened: The Trump Organization claims that Capital One has closed numerous accounts related to the Trump family due to &#8220;woke&#8221; political motivations.
Eric Trump, the&nbsp;executive vice president of the&nbsp;Trump Organization, expressed his frustration over the situation, stating that transferring over 300 bank accounts was a challenging task. 
He clarified that these accounts were linked to various business ventures, including hotels, golf courses, residential&nbsp;and commercial buildings, retail outlets, skating rinks, and parking garages. He denied any political affiliation, emphasizing that the only common factor was the Trump name.
"I can't tell you how hard it is to change more than 300 bank accounts – and for no reason whatsoever. These were hotels and golf courses, residential buildings and commercial buildings, retail outlets and skating rinks and parking garages,&#8221; Eric Trump <a href="https://www.foxnews.com/politics/trump-organization-eric-trump-sue-capital-one-unjustifiable-2021-debanking-based-woke-beliefs">told</a> Fox News.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42499633/exclusive-eric-trump-declares-bitcoin-the-future-details-tax-free-crypto-goals-for-trump-presidency">EXCLUSIVE: Eric Trump Declares Bitcoin The Future, Details Tax-Free Crypto Goals For Trump Presidency</a>
"There was no political affiliation. The only common denominator was that they wore the Trump name," he added. 
Capital One, on the other hand, has denied these allegations, asserting that it does not terminate customer accounts due to political reasons. According to the lawsuit filed&nbsp;in the Eleventh Judicial Circuit&nbsp;of Florida, the bank had notified the Trump Organization in March 2021 about the closure of&nbsp;hundreds of their bank accounts,&nbsp;which held millions of dollars.
The lawsuit suggests that Capital One is&nbsp;part of a growing trend&nbsp;among major financial institutions to&nbsp;de-bank clients with conflicting political&nbsp;views. The Trump Organization is seeking to highlight this issue, which it deems to be of significant public interest and importance.
Insiders have hinted to Fox News that other banks, including Chase, Bank of America, and TD Bank, have also cut ties with Trump and may face similar lawsuits in the near future.
Why It Matters: This lawsuit comes at a time when financial institutions are under scrutiny for their political affiliations and actions. 
The Trump Organization&#8217;s lawsuit against Capital One could potentially set a precedent for other businesses who feel they have been unfairly treated by banks due to their political affiliations. 
The outcome of this case could have far-reaching implications for the banking industry and its relationship with politically affiliated clients.
Read Next
<a href="https://www.benzinga.com/news/24/02/37193237/eric-trump-outraged-over-hefty-fine-in-ny-civil-fraud-case-my-father-built-a-skyline-in-new-york-cit">Eric Trump Outraged Over Hefty Fine In NY Civil Fraud Case: &#8216;My Father Built A Skyline In New York City &#8230; This Is The Thanks He Gets&#8217;</a>
Image: Shutterstock

Trump Organization Sues Capital One Over Alleged Political Bias in Account Closures, Eric Trump Leads Charge

These eight mid-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>TG Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TGTX#NASDAQ">TGTX</a>) shares grew 27.75% after the company reported better-than-expected <a href="https://www.benzinga.com//node/44073261" target="_blank" rel="noreferrer noopener">fourth-quarter sales results</a>.</li>
<li>Allegro MicroSystems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGM#NASDAQ">ALGM</a>) shares jumped 24.26% after it disclosed receiving a proposal from ON Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) for $35.10 per share, with an <a href="https://www.benzinga.com//node/44161052" target="_blank" rel="noreferrer noopener">implied enterprise value of $6.9 billion</a>.</li>
<li>Sibanye Stillwater (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SBSW#NYSE">SBSW</a>) stock escalated 21.63%, probably due to strength in gold and silver.</li>
<li>Harmony Gold Mining Company Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMY#NYSE">HMY</a>) stock upped 18.99%, stemming from gains in gold price.</li>
<li>Bilibili Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BILI#NASDAQ">BILI</a>) stock was up 18.49%.</li>
<li>ZEEKR Intelligent Technology Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZK#NYSE">ZK</a>) stock upped 16.80% amid overall market strength, fueled by reports that President Trump will delay auto tariffs.</li>
<li>John Wiley &amp; Sons (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WLY#NYSE">WLY</a>) stock rose 15.77% following better-than-expected third-quarter financial results.</li>
<li>MARA Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) shares upped 15.09%, probably after Bitcoin rose back above $90,000.</li>
</ol>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/03/44211201/moderna-microstrategy-and-tripcom-are-among-top-11-large-cap-gainers-last-week-mar-3-mar-7-are-the-others-in-your-portfolio" target="_blank" rel="noreferrer noopener">Okta, Moderna and MicroStrategy Are Among Top 10 Large-Cap Gainers Last Week (Mar 3-Mar 7): Are The Others In Your Portfolio?</a></li>
<li><a href="https://www.benzinga.com/25/03/44211228/marvell-applovin-and-hewlett-packard-are-among-top-11-large-cap-losers-last-week-mar-3-mar-7-are-the-others-in-your-portfolio" target="_blank" rel="noreferrer noopener">Affirm, MongoDB, And Reddit Are Among Top 10 Large-Cap Losers Last Week (Mar 3-Mar 7): Are The Others In Your Portfolio?</a></li>
</ul>
Image via Shutterstock

Mid Cap

ALGM

BILI

MARA

SBSW

TGTX

Bilibili, MARA And ZEEKR Are Among Top 8 Mid-Cap Gainers Last Week (Mar 3-Mar 7): Are The Others In Your Portfolio?

Warren Buffett once warned students about the perils of excessive borrowing, citing Donald Trump <a href="https://www.benzinga.com/news/25/03/44065860/warren-buffetts-unconventional-career-advice-dont-save-your-passion-for-later-its-like-saving-up-sex-for-your-old-age">as a case in point</a>.
What Happened: Buffett, during a 1991 Q&amp;A session, was questioned&nbsp;by a Notre Dame student&nbsp;about Trump&#8217;s business difficulties. 
He responded by emphasizing Trump&#8217;s heavy dependence on borrowed money, which subsequently led to the bankruptcy of&nbsp;Trump&#8217;s Atlantic City Taj Mahal&nbsp;casino later that year.
Buffett explained, &#8220;The big problem with Donald&nbsp;Trump was he never went&nbsp;right. He basically overpaid for&nbsp;properties, but he got people&nbsp;to lend him the money.&nbsp;He was terrific at borrowing&nbsp;money. If you look at&nbsp;his assets, and what he&nbsp;paid for them, and what&nbsp;he borrowed to get them,&nbsp;there was never any real&nbsp;equity there.&#8221;
Buffett advised the students to emulate&nbsp;his own life as a&nbsp;blueprint for success&nbsp;in business and investing without&nbsp;the heavy reliance on&nbsp;debt. 
&#8220;You really don&#8217;t need leverage in this world much. If you&#8217;re smart, you&#8217;re going to make a lot of money without borrowing,&#8221; he stated. &#8220;I&#8217;ve never borrowed a significant amount of money in my life. Never. Never will. I&#8217;ve got no interest in it,&#8221; according <a href="https://www.tilsonfunds.com/BuffettNotreDame.pdf">to</a> former hedge fund manager Whitney Tilson.
Also Read: <a href="https://www.benzinga.com/markets/25/03/44067982/heres-how-warren-buffett-made-billions-from-an-industry-he-didnt-understand">Here&#8217;s How Warren Buffett Made Billions From An Industry He Didn&#8217;t Understand</a>
Buffett&#8217;s viewpoint on borrowing has remained unwavering over the years. In&nbsp;his 2017 annual letter to&nbsp;Berkshire Hathaway&nbsp;shareholders and during a subsequent CNBC interview, he cautioned investors against using debt to purchase stocks.
Why It Matters: Buffett&#8217;s advice underscores the importance of financial prudence and the potential pitfalls of over-reliance on debt. 
His consistent stance on this issue serves as a valuable lesson for investors and business students alike, emphasizing the importance of sustainable financial practices over quick, debt-fueled gains. 
This timeless advice is particularly relevant in today&#8217;s economic climate, where easy access to credit can often lead to unsustainable debt levels.
Read Next
<a href="https://www.benzinga.com/news/25/02/43423897/buffett-advises-against-using-credit-cards-as-a-source-of-funds-paying-it-off-is-gonna-be-way-better-than-any-investment-idea" target="_blank" rel="noreferrer noopener">Buffett Advises Against Using Credit Cards as a Source of Funds: ‘Paying It off Is Gonna Be Way Better Than Any Investment Idea'</a>
Image: Shutterstock

Warren Buffett on Debt and Donald Trump's Money Moves: Trump 'Never Went Right'

These ten large-cap stocks were the worst performers in the last week. Are they in your portfolio?
<ol>
<li>Venture Global, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VG#NYSE">VG</a>) shares declined 38.83% after the company <a href="https://www.benzinga.com//node/44189186" target="_blank" rel="noreferrer noopener">reported fourth-quarter results.</a> JP Morgan analyst Jeremy Tonet lowered the <a href="https://www.benzinga.com/quote/vg/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast from $25 to $16</a>.</li>
<li>MongoDB Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) shares plummeted 29.83% after reporting fourth-quarter results, and several analysts revised the price <a href="https://www.benzinga.com//node/44170047" target="_blank" rel="noreferrer noopener">forecast/rating on the stock</a>.</li>
<li>Samsara (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IOT#NYSE">IOT</a>) stock fell 25.84% after it reported <a href="https://www.benzinga.com//node/44181515" target="_blank" rel="noreferrer noopener">fourth-quarter results</a>. Multiple firms lowered their respective price <a href="https://www.benzinga.com/quote/iot/analyst-ratings" target="_blank" rel="noreferrer noopener">forecasts on the stock</a>.</li>
<li>Marvell Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) shares tumbled 22.85% after the company's fiscal first-quarter results and multiple analysts <a href="https://www.benzinga.com//node/44166971" target="_blank" rel="noreferrer noopener">lowered their price forecasts</a>.</li>
<li>Hewlett Packard Enterprise Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NYSE">HPE</a>) shares were down 20.19% after the company issued <a href="https://www.benzinga.com//node/44180280" target="_blank" rel="noreferrer noopener">second-quarter guidance below estimates</a>. Many analysts <a href="https://www.benzinga.com/quote/hpe/analyst-ratings" target="_blank" rel="noreferrer noopener">revised the price forecast</a>.</li>
<li>Carvana (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>) shares decreased 19.15% amid overall market weakness, which was fueled by rising yields and trade uncertainty. Additionally, Macy's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/M#NYSE">M</a>) and Victoria's Secret (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSCO#NYSE">VSCO</a>) issued weak guidance, which<a href="https://www.benzinga.com//node/44171776" target="_blank" rel="noreferrer noopener"> could weigh on sector sentiment</a>.</li>
<li> FTAI Aviation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTAI#NASDAQ">FTAI</a>) stock decreased 19.03%.</li>
<li>Affirm Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>) shares declined 18.99% amid overall market concerns following U.S. tariffs on trading partners.</li>
<li>Reddit, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) stock lost 17.18% last week amid overall market weakness on rising yields and trade uncertainty.</li>
<li>Applovin Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) shares dipped 16.96%. The company plans to sell its games unit to Tripledot <a href="https://www.benzinga.com//node/44143705" target="_blank" rel="noreferrer noopener">Studios for $900 million</a>.</li>
</ol>
Photo via Affirm
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/03/44211201/moderna-microstrategy-and-tripcom-are-among-top-11-large-cap-gainers-last-week-mar-3-mar-7-are-the-others-in-your-portfolio" target="_blank" rel="noreferrer noopener">Okta, Moderna and MicroStrategy Are Among Top 10 Large-Cap Gainers Last Week (Mar 3-Mar 7): Are The Others In Your Portfolio?</a></li>
</ul>

Large Cap

AFRM

CVNA

FTAI

MRVL

RDDT

VSCO

Affirm, MongoDB, And Reddit Are Among Top 10 Large-Cap Losers Last Week (Mar 3-Mar 7): Are The Others In Your Portfolio?

These ten large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>Okta Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OKTA#NASDAQ">OKTA</a>) shares jumped 24.26% after the company reported <a href="https://www.benzinga.com/analyst-ratings/upgrades/25/03/44108947/okta-stock-is-surging-tuesday-heres-why" target="_blank" rel="noreferrer noopener">better-than-expected</a> Q4 financial results, and several analysts upgraded the <a href="https://www.benzinga.com/quote/BJ/analyst-ratings" target="_blank" rel="noreferrer noopener">stock and raised price forecast</a>.</li>
<li>Arcelor Mittal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MT#NYSE">MT</a>) stock escalated 19.50% amid strength in gold and silver.</li>
<li>ING Groep (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ING#NYSE">ING</a>) stock was up 16.98% after the company announced a €70 million share repurchase program.</li>
<li>POSCO HOLDINGS INC. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKX#NYSE">PKX</a>) shares escalated 15.55% amid overall market strength, fueled by reports that President Trump will delay auto tariffs.</li>
<li>Moderna Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) shares upped 15.02% after CEO Stephane Bancel Disclosed a share purchase.</li>
<li>Elbit Systems Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ESLT#NASDAQ">ESLT</a>) stock rose 14.80%.</li>
<li>BJ&#8217;s Wholesale Club Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BJ#NYSE">BJ</a>) stock gained 14.06% after the company reported better-than-expected <a href="https://www.benzinga.com//node/44165337" target="_blank" rel="noreferrer noopener">Q4 financial results</a>. Several analysts <a href="https://www.benzinga.com/quote/BJ/analyst-ratings" target="_blank" rel="noreferrer noopener">raised their price forecast</a> on the stock.</li>
<li>Rocket Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RKT#NYSE">RKT</a>) stock grew 12.64%.</li>
<li>Trip.com Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCOM#NASDAQ">TCOM</a>) shares jumped 12.61%, probably after China reportedly set a 2025 GDP growth target of around 5% and unlocked stimulus measures.</li>
<li>MicroStrategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) shares rose 12.43% as Bitcoin (CRYPTO: <a href="https://www.benzinga.com/quote/btc/usd" target="_blank" rel="noreferrer noopener">BTC</a>) <a href="https://www.benzinga.com//node/44138476" target="_blank" rel="noreferrer noopener">moved closer to the $90,000 mark</a>.</li>
</ol>
Image via Shutterstock

ESLT

MRNA

MSTR

OKTA

TCOM

Okta, Moderna and MicroStrategy Are Among Top 10 Large-Cap Gainers Last Week (Mar 3-Mar 7): Are The Others In Your Portfolio?

Vice President JD Vance recently found himself confronted by a group of pro-Ukraine protestors while out with his young daughter in Ohio.
What Happened: Vance came across a group of &#8220;Slava Ukraini&#8221; protestors near his residence in East Walnut Hills, Cincinnati. The group, consisting of around 30 to 40 individuals, prominently displayed signs expressing support for Ukraine. They allegedly followed Vance, shouting slogans that caused his three-year-old daughter to become visibly distressed.
In an attempt to distract the protestors from his child, Vance engaged in a dialogue with them. He characterized the exchange as &#8220;mostly respectful,&#8221; but voiced criticism against involving children in political demonstrations.
He wrote on X, "I decided to speak with the protesters in the hopes that I could trade a few minutes of conversation for them leaving my toddler alone. (Nearly all of them agreed)."
He added it was "mostly respectful conversation, but if you're chasing a 3-year-old as part of a political protest, you're a s— person."&nbsp;
Also Read: <a href="https://www.benzinga.com/news/25/02/43759455/vance-rubio-noem-heres-who-might-top-the-gop-ticket-in-2028">Vance? Rubio? Noem? Here&#8217;s Who Might Top the GOP Ticket in 2028</a>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Today while walking my 3 year old daughter a group of "Slava Ukraini" protesters followed us around and shouted as my daughter grew increasingly anxious and scared. I decided to speak with the protesters in the hopes that I could trade a few minutes of conversation for them…
&mdash; JD Vance (@JDVance) <a href="https://twitter.com/JDVance/status/1898471709662916636?ref_src=twsrc%5Etfw">March 8, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
While the specifics of the conversation were not disclosed by the Vice President, this occurrence follows a tense meeting last month between President Donald Trump and Ukrainian President Volodymyr Zelenskyy, in which Vance played a role.
The meeting took a sour turn when Zelensky voiced skepticism regarding Russian President Vladimir Putin&#8216;s commitment to a ceasefire agreement.
In the aftermath of the strained meeting, the U.S. suspended aid to Ukraine and halted intelligence sharing. Vance, who has been known to express doubts about aid to Ukraine, has previously encountered pro-Ukraine protests during a visit to Vermont.
Why It Matters: This incident underscores the ongoing tension between the U.S. and Ukraine, particularly in the wake of the contentious meeting between the two nations&#8217; leaders. The confrontation with the protestors also highlights the public&#8217;s awareness and concern over these geopolitical issues. 
The fact that these protests are occurring not only at official events, but also in the personal life of the Vice President, indicates the depth of public sentiment on this issue.
Read Next
<a href="https://www.benzinga.com/news/24/09/40760697/jd-vance-supports-tucker-carlson-amid-holocaust-revisionist-controversy">JD Vance Supports Tucker Carlson Amid Holocaust Revisionist Controversy</a>
Image: Shutterstock

VP Vance Slams Pro-Ukraine Protesters for Confronting Him With His Daughter: 'Chasing a Three-Year-Old for Politics'

Last fall, billionaire entrepreneur Mark Cuban publicly expressed his admiration for Elon Musk&#8216;s business acumen and risk-taking approach, despite their <a href="https://www.benzinga.com/tech/25/02/43424157/mark-cuban-suggests-20-minute-daily-habit-to-destabilize-musk-zuckerberg-and-even-president-trump">ideological differences</a>.
What Happened: In an October 2024 interview, Cuban praised Musk&#8217;s propensity to heavily invest in his business ventures. &#8220;He goes all in,&#8221; Cuban said.
Musk&#8217;s purchase of Twitter was highlighted as an example of his risk-taking approach. Musk acquired the platform in October 2022 for $44 billion, using his personal funds, bank loans, and capital from other investors. 
However, X&#8217;s valuation has since taken a hit, largely due to Musk&#8217;s controversial stance on hate speech and &#8220;free speech.&#8221;
Despite these challenges, Cuban commended Musk&#8217;s entrepreneurial feats, including the co-founding of seven companies such as&nbsp;Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and SpaceX. 
Also Read:&nbsp;<a href="https://www.benzinga.com/news/25/01/43245984/cuban-on-musk-i-have-no-problem-throwing-elon-under-the-bus-but-ill-save-it-for-when-its-truly-deser" target="_blank" rel="noreferrer noopener">Cuban on Musk: ‘I Have No Problem Throwing Elon Under the Bus, but I'll Save It for When It's Truly Deserved'</a>
"Put aside his genius in coming up and running these companies, the one thing I respect the most about Elon Musk — and he does more than anybody I've ever seen — and that is he goes all in. He takes every cent he has and he believes in it, and he goes all&#8230;in. He never hedges his bet, at all," he said during the podcast.
<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">EARLY DROP! buckle up besties&#8230; we&#39;ve got &#x2A;two hours&#x2A; with <a href="https://twitter.com/mcuban?ref_src=twsrc%5Etfw">@mcuban</a> for you! &#8212; kamala vs trump &#8212; why he sold a majority of his <a href="https://twitter.com/dallasmavs?ref_src=twsrc%5Etfw">@dallasmavs</a> position &#8212; cost plus drugs &#8212; relationship w/ <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@elonmusk</a> &#8212; <a href="https://twitter.com/OpenAI?ref_src=twsrc%5Etfw">@openai</a>&#39;s new fundraise &#8212; national debt &#8212; crypto regulation &#8212; middle… <a href="https://t.co/dGumsgD4hh">pic.twitter.com/dGumsgD4hh</a>
&mdash; The All-In Podcast (@theallinpod) <a href="https://twitter.com/theallinpod/status/1841947111249871187?ref_src=twsrc%5Etfw">October 3, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
&#8220;What he&#8217;s&nbsp;been able to accomplish is&nbsp;insane, it&#8217;s incredible,&#8221; Cuban remarked. However, he did criticize Musk&#8217;s social media conduct, referring to him as a &#8220;troll&#8221;.
"What he's been able to accomplish is insane, it's incredible. I would never diminish anything he's done as an entrepreneur," Cuban said. "As a Twitter user? &#8230; He just trolls to troll to troll."
Why It Matters: This development underscores the complex relationship between two of America&#8217;s most influential entrepreneurs. 
Despite their ideological differences and public disagreements, there seems to be a mutual respect for each other&#8217;s business acumen and entrepreneurial spirit. 
The impact of Musk&#8217;s risk-taking approach on X&#8217;s future remains to be seen, but it&#8217;s clear that his bold decisions continue to shape the business landscape.
Read Next
<a href="https://www.benzinga.com/news/25/03/44065757/mark-cuban-warns-elon-musk-is-making-trumps-job-1000-times-harder">Mark Cuban Warns Elon Musk Is Making Trump&#8217;s Job &#8216;1,000 Times Harder&#8217;</a>
Image: Shutterstock

Social Media

TSLA

Mark Cuban Reveals the Thing He Respects Most About Elon Musk: 'What He's Been Able To Accomplish Is Insane, It's Incredible'

Wall Street is in turmoil again, and CNBC's Jim Cramer is <a href="https://x.com/jimcramer/status/1896923840460333463">voicing</a> what <a href="https://www.benzinga.com/startups/24/11/42246718/669874">many investors are wondering</a>: "Do we just keep selling because everyone is selling?" The stock market saw another sharp drop on Thursday, with the S&amp;P 500 falling 1.8%, the Dow Jones Industrial Average losing 427 points, and the Nasdaq tumbling 2.6%.
Cramer followed up his first tweet with another, <a href="https://x.com/jimcramer/status/1896666279920247087">calling</a> the current administration the "Every Day Lower Prices Walmart White House." His comments reflect frustration over the volatility caused by President Trump's tariffs and economic policies.
<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 are dealing with the Every Day Lower Prices Walmart White House
&mdash; Jim Cramer (@jimcramer) <a href="https://twitter.com/jimcramer/status/1896666279920247087?ref_src=twsrc%5Etfw">March 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Don't Miss:
<ul>
<li>Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> this is your last chance to become an investor for $0.80 per share today.</a></li>
<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!</a></li>
</ul>
<h2 class="wp-block-heading">Tariff Uncertainty Adds to the Sell-Off</h2>
Investors are struggling to keep up with the back-and-forth on tariffs. Trump announced a <a href="https://www.benzinga.com/news/global/25/03/44176918/trump-delays-mexico-tariffs-for-a-month-economic-uncertainty-persits">one-month reprieve</a> on some tariffs for Mexico and Canada, but concerns remain as new tariffs are still set to take effect in April. "These exemptions don't do much to resolve the general air of uncertainty," said Yung-Yu Ma, chief investment officer at BMO Wealth Management, according to media reports. Businesses are cautious, and consumers are bracing for inflation.
Trump, however, dismissed concerns that his tariff policies are rattling markets. "I'm not even looking at the market," he said in the Oval Office on Thursday, blaming falling stock prices on "globalist countries and companies that won't be doing as well because we're taking back things that have been taken from us many years ago."
Trending: <a href="https://www.benzinga.com/money/startengine-own">The $1.3 Billion Startup Investment Boom: How This Company's Explosive Growth Is Opening Doors For Everyday Investors With A New $500 Minimum</a>
<h2 class="wp-block-heading">AI Stocks and Retail Struggles Weigh on Wall Street</h2>
Adding to the market's pain, AI stocks—once Wall Street's biggest winners—are seeing losses. Marvell Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) dropped nearly 20% despite reporting solid earnings. Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) fell 5.7%, and Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) slipped 6.3% ahead of its earnings report. Investors who had grown accustomed to AI stocks consistently outperforming expectations are now re-evaluating their positions.
Retailers are also feeling the pressure. Macy's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/M#NYSE">M</a>) reported weaker-than-expected revenue, and Victoria's Secret (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSCO#NYSE">VSCO</a>) fell 8.2% after giving a disappointing forecast. These reports signal that consumer spending, a key pillar of economic stability, may be softening.
See Also: <a href="https://www.benzinga.com/money/overplay">Mark Cuban Backs This Innovative Startup That Turns Videos into Games&nbsp; &#8212; Claim Your Share Now</a>
<h2 class="wp-block-heading">Larry Fink: Buy the Dip Despite Market Turmoil</h2>
While some fear more losses ahead, BlackRock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) CEO Larry Fink sees an opportunity. <a href="https://www.investing.com/news/transcripts/blackrock-at-rbc-conference-technology-and-growth-insights-93CH-3911196">Speaking</a> at the recent RBC Capital Markets Global Financial Institutions Conference in New York, he reassured investors: "The world's fine… The United States will get by." He acknowledges 2025 will be volatile but believes in long-term growth. "If there's a big dip, good. Good time to buy."
Fink highlighted AI's potential, though he admitted its high costs are keeping it out of reach for smaller companies. He also pointed to Europe's economic rebound, citing increased defense spending and financial reforms.
With uncertainty high, Cramer's question—"Do we just keep selling because everyone is selling?"—captures the mood on Wall Street. Whether investors follow Larry Fink's advice to buy the dip or continue the sell-off remains to be seen.
Read Next:
<ul>
<li>Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/mode-mobile-2">with $1,000 you can invest at just $0.26/share!</a></li>
<li>If there was a new fund backed by Jeff Bezos offering a <a href="https://www.benzinga.com/money/arrived-private-credit-fund">7-9% target yield with monthly dividends would you invest in it</a>?</li>
</ul>

AVGO

NVDA

Jim Cramer Asks, 'Do We Just Keep Selling Because Everyone Is Selling?'—Calls It The 'Every Day Lower Prices Walmart White House'

Press Releases

Kevin McAleenan Appointed CEO of BigBear.ai

President Trump Unveils $500 Billion AI Infrastructure: Watch AI, PRSO, BBAI Among The Giants

BigBear.ai Awarded Prime IDIQ Contract for U.S. Department of Navy's SeaPort Next Generation (NxG)

BigBear.ai Wins Department of Defense Contract to Prototype Near-Peer Adversary Geopolitical Risk Analysis for Chief Digital and Artificial Intelligence Office (CDAO)

Artificial Intelligence (AI) Influence on Healthcare Market Expected to Generate Revenues of $610 Billion By 2034

Point-of-Sale Payment Leader SoftPoint Selects BigBear.ai for Facial Recognition Matching Technology in Payment Transactions

BigBear.ai to Report Fourth Quarter and Full Year 2024 Results on March 6, 2025

BigBear.ai's ConductorOS to be Deployed at Exercise Talisman Sabre 2025 with AUKUS Nations

Nine Energy Service Announces Changes to the Size and Composition of its Board of Directors

BigBear.ai Announces Fourth Quarter, And Full Year 2024 Results, And Provides 2025 Outlook

AMZN

AVAI

BBAI

GOOGL

MSFT

NINE

PATH

PLTR

PRSO

ROCC

SOUN

TALK

USWS

WTTR

Accenture plc Class A Ordinary Shares (Ireland)

Accenture

ASGN

Alpha Technology Group Limited - Class A Ordinary Shares

Alpha Technology Group

CI&T

Castellum

Cognizant Technology Solutions Corporation - Class A Common Stock

Cognizant Tech Solns

Endava plc American Depositary Shares (each representing one Class A Ordinary Share)

Comments

BigBear.ai Hldgs

ニュース

最新ニュース BigBear.ai Hldgs (NYSE:BBAI) 株価情報

こんな人も見ています

ニュース

パートナーシップ

ベンジンガ・グローバル