Alphabet Option Alert: Nov 21 $160 Puts at the Bid: 450 vs 169 OI

Alphabet Option Alert: Nov 21 $160 Puts at the Bid: 450 @ $12.05 vs 169 OI; Ref=$160.7568

Alphabet Option Alert: Jan 16 $165 Puts Sweep (65) near the Bid: 1294 vs 12886 OI

Alphabet Option Alert: Jan 16 $165 Puts Sweep (65) near the Bid: 1294 @ $14.693 vs 12886 OI; Ref=$165.79

Alphabet Option Alert: Jan 16 $165 Puts Sweep (44) near the Bid: 924 vs 12886 OI

Alphabet Option Alert: Jan 16 $165 Puts Sweep (44) near the Bid: 924 @ $14.8 vs 12886 OI; Ref=$165.55

Alphabet (NASDAQ:GOOG) 株価情報

Alphabet

Alphabet is a holding company that wholly owns internet giant Google. The California-based company derives slightly less than 90% of its revenue from Google services, the vast majority of which is advertising sales. Alongside online ads, Google services houses sales stemming from Google's subscription services (YouTube TV, YouTube Music among others), platforms (sales and in-app purchases on Play Store), and devices (Chromebooks, Pixel smartphones, and smart home products such as Chromecast). Google's cloud computing platform, or GCP, accounts for roughly 10% of Alphabet's revenue with the firm's investments in up-and-coming technologies such as self-driving cars (Waymo), health (Verily), and internet access (Google Fiber) making up the rest.

Alphabet Inc

<a href="https://www.ft.com/content/6df5a2c7-d9ae-49ac-a709-c478a3dd69dd" title="https://www.ft.com/content/6df5a2c7-d9ae-49ac-a709-c478a3dd69dd">https://www.ft.com/content/6df5a2c7-d9ae-49ac-a709-c478a3dd69dd</a>
<a href="https://www.ft.com/content/6df5a2c7-d9ae-49ac-a709-c478a3dd69dd">https://www.ft.com/content/6df5a2c7-d9ae-49ac-a709-c478a3dd69dd</a>

News

General

GOOG

GOOGL

'Google to spend $500M on compliance to settle shareholder antitrust suit'- Financial Times

<a href="https://www.bloomberg.com/news/articles/2025-06-02/musk-s-xai-launches-5-billion-debt-sale-through-morgan-stanley" title="https://www.bloomberg.com/news/articles/2025-06-02/musk-s-xai-launches-5-billion-debt-sale-through-morgan-stanley">https://www.bloomberg.com/news/articles/2025-06-02/musk-s-xai-launches-5-billion-debt-sale-through-morgan-stanley</a>

AMZN

MSFT

TSLA

'Musk's xAI Launches $5 Billion Debt Sale Through Morgan Stanley' - Bloomberg News

An Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) analyst looks at the bear and bull cases for the stock, with items such as new smartphones, tariffs and artificial intelligence weighing on investors&#8217; minds about the future of <a href="https://www.benzinga.com/25/05/45620995/apple-stock-one-of-the-biggest-beneficiaries-in-us-india-trade-deal-producing-iphones-in-the-us-is-a-fairy-tale">the tech giant.</a>
"We present a comprehensive summary of the bull/bear debates on Apple. Despite near-term headwinds, we see significant long-term opportunity," Bank of America analyst Wamsi Mohan says.
The analyst maintained a Buy rating with a $235 price target.
The Apple Bear Case: Mohan says there are many items that <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44961882/iphone-resecue-apple-tariff-worries">could be headwinds </a>and increase the bear case for Apple stock, including regulatory, lagging in the artificial intelligence race and gross margins potentially peaking.
"We see tariffs and moving supply chains as additional risks," Mohan said.
The analyst said Apple's supply chain, which is centered in China, has been a source of cost advantages and efficiencies. That could now be under pressure with tariffs on China and other countries.
"The U.S.-China trade tensions and protectionist policies are squeezing Apple in both its major markets." &nbsp;
One of the top concerns for Apple could be the growing disruption of artificial intelligence, which could bypass traditional smartphone apps or web searches, the analyst said.
"This hints that AI-driven platforms could reduce time spent within the iPhone's ecosystem."
Mohan said Google's AI features could drive consumers away from iPhones to Android devices with Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) integrating more AI into its smartphones.
The analyst also said there are concerns for Apple growth past the iPhone.
"Bears question whether Apple has a ‘next big thing' on the horizon that can re-ignite substantial growth, or if the company is now essentially at the maturity stage of its innovation cycle."
Apple revenue was down in 2023 and up only at a low single-digit rate year-over-year in 2024.
"Apple's stock currently trades at a premium valuation that looks increasingly difficult to justify given the company's modest growth profile."
The analyst said the bear case is Apple is trading like a growth stock, but the growth isn't there anymore.
Read Also: <a href="https://www.benzinga.com/news/earnings/25/05/45152493/apple-reports-strong-q2-earnings-revenue-beat-eps-beat-installed-base-hits-all-time-high-across-all-segments-100-billion-buyback-and-more">Apple Reports &#8216;Strong&#8217; Q2 Earnings: Revenue Beat, EPS Beat, Installed Base Hits All-Time High Across All Segments, $100 Billion Buyback And More</a>
The Apple Bull Case: While there are several headwinds facing Apple stock, Mohan also sees a bull case maintained thanks to the company's resilient earnings, vertical integration, expanding installed products base, services growth and more.
"Despite various headwinds, Apple's bulls argue that the company's financial performance is remarkably resilient, with a low likelihood of disappointing Street expectations," Mohan said.
The analyst said Apple often has conservative guidance and can provide consistent beats along with margin expansion over time.
While there are concerns about Apple being behind in the AI race, Apple bulls argue that the company is set for dominance for personal and private AI experiences thanks to its devices and strong installed user base.
Mohan said there could be several "significant upgrade cycles" coming for Apple's smartphones including an ultra-thin iPhone in 2025 and a foldable iPhone by 2026.
While Apple's stock could look highly valued to bears, Mohan said the company's forward price-to-earnings has often been in the high-20s to low-30s and is now around 25x to 27x.
"In other words, relative to its own recent history, Apple's current multiple is not stretched; it's reasonable given the low interest rate environment and Apple's superior business quality."
The Analyst Takeaways: While there are headwinds, Mohan maintains a Buy rating and predicts more long-term upside for the stock.
"Apple's risk profile is lower than most companies, which supports a higher multiple," Mohan said.
The analyst said Apple's Services opportunities may not be fully valued in the stock price.
"Apple, while not exactly ‘cheap' remains an investment with many avenues for revenue and margin growth with continued strong free cash flow and shareholder returns."
AAPL Price Action: Apple stock trades at $200.99 at publication on Monday versus a 52-week trading range of $169.21 to $260.09. Apple stock is down 17.5% year-to-date in 2025.
Read Next: 
•. <a href="https://www.benzinga.com/tech/25/05/45413749/exclusive-apple-stock-could-benefit-from-smartphone-upgrade-cycle">EXCLUSIVE: Apple Stock Could Benefit From Smartphone Upgrade Cycle, Poll Ranks Top Reason For Trade In (It&#8217;s Not The Camera)</a>
Photo: Prathmesh T via Shutterstock

Analyst Color

Analyst Ratings

AAPL

Apple Stock Has 'Near Term Headwinds, Significant Long-Term Opportunity': Analyst Lays Out Bull, Bear Cases For Tech Giant

<a href="https://www.ft.com/content/703e93f1-28bf-4890-8c9c-141bf81dd206" title="https://www.ft.com/content/703e93f1-28bf-4890-8c9c-141bf81dd206">https://www.ft.com/content/703e93f1-28bf-4890-8c9c-141bf81dd206</a>

'Elon Musk's xAI Seeks $113B Valuation In $300M Share Sale' - Financial Times

<ul>
<li>TSLA</li>
<li>GLD</li>
<li>UNH</li>
<li>NVDA</li>
<li>GOOGL</li>
<li>GOOG</li>
<li>CLF</li>
<li>PLTR</li>
<li>BULL</li>
<li>RDDT</li>
</ul>
Data from <a href="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment">https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment</a>
&nbsp;

Trading Ideas

BULL

NVDA

PLTR

RDDT

Top 10 Trending Stocks On WallStreetBets As Of June 2, 2025 (Via Swaggy Stocks)

The co-founder and executive chairman of Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), Michael Saylor, isn&#8217;t shying away from showcasing the success of his &#8216;Bitcoin Treasury&#8217; gambit, which is now several years in the making, with a handful of copy-cats in the fray.
What Happened: On Sunday, Saylor took to X, sharing a chart showing the 3-month performance of different stocks, commodities, and cryptocurrencies, which of course, included Microstrategy, which now conducts business under the brand name of &#8216;Strategy.&#8217;
The chart shows the company&#8217;s 44% 3-month return, far outpacing the Magnificent 7 stocks, which, barring Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), and Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), are either flat or have witnessed steep declines during this period.
Here&#8217;s a comparison between Strategy Inc. and each of the &#8216;Mag 7&#8217; stocks over the past three months, as well as their year-to-date performance.
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td class="has-text-align-center" data-align="center">Stock / ETF</td>
<td class="has-text-align-center" data-align="center">3 Month Performance</td>
<td class="has-text-align-center" data-align="center">Year-To-Date Performance</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>)</td>
<td class="has-text-align-center" data-align="center">+47.08%</td>
<td class="has-text-align-center" data-align="center">+23.02%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)</td>
<td class="has-text-align-center" data-align="center">-15.61%</td>
<td class="has-text-align-center" data-align="center">-17.63%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)</td>
<td class="has-text-align-center" data-align="center">+18.49%</td>
<td class="has-text-align-center" data-align="center">+9.98%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)</td>
<td class="has-text-align-center" data-align="center">+2.48%</td>
<td class="has-text-align-center" data-align="center">-9.33%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td class="has-text-align-center" data-align="center">+18.47%</td>
<td class="has-text-align-center" data-align="center">-2.30%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</td>
<td class="has-text-align-center" data-align="center">+21.71%</td>
<td class="has-text-align-center" data-align="center">-8.65%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)</td>
<td class="has-text-align-center" data-align="center">-1.15%</td>
<td class="has-text-align-center" data-align="center">+8.05%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)</td>
<td class="has-text-align-center" data-align="center">Flat</td>
<td class="has-text-align-center" data-align="center">-6.91%</td>
</tr>
</tbody>
</table>
</figure>
See Also: <a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/06/45716400/pharma-bro-martin-shkreli-sees-10-trillion-potential-in-palantir-but-cautions-one-bad-quarter-and-its-down-50">&#8216;Pharma Bro&#8217; Martin Shkreli Sees $10 Trillion Potential In Palantir, But Cautions: &#8216;One Bad Quarter And It&#8217;s Down 50%&#8217;</a>
The stock has outpaced even Gold, tracked by the SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>), the Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which tracks the Nasdaq, and the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>).
Most importantly, however, the stock has outpaced Bitcoin, which grew 22% during these three months, or just about half of what Strategy has delivered to its investors.
Saylor showcased this performance while cheekily writing &#8220;your portfolio needs a strategy&#8221; in his X post. Replies to the post, however, pointed out that he conveniently missed out on Bitcoin miner, MARA Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), and GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>), another treasury firm, which have posted returns of 2.4% and 22.13% during this period.
<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">Your portfolio needs a Strategy. <a href="https://t.co/TbtnJ9E1qT">pic.twitter.com/TbtnJ9E1qT</a>
&mdash; Michael Saylor (@saylor) <a href="https://twitter.com/saylor/status/1929237352834085223?ref_src=twsrc%5Etfw">June 1, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: This is rather surprising, since the company&#8217;s rise to prominence in recent years has been tied entirely to it becoming a proxy for Bitcoin. Starting in 2020, when it first pioneered the concept of corporate &#8220;Bitcoin Treasury,&#8221; the stock has since been <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40155839/bitcoin-development-company-microstrategy-plunges-almost-15-in-pre-market-whats-going-on">referred to as</a> a &#8220;Bitcoin Development Company.
However, it has long traded at a premium to its Bitcoin holdings, at 256% during November last year, which analysts attributed to its &#8220;Bitcoin Yield Strategy.&#8221; This is a <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42138209/microstrategy-trading-at-insane-256-premium-to-bitcoin-holdings-research-shows">controversial performance indicator</a> that highlights the ratio between its Bitcoin holdings and diluted equity shares.
According <a href="https://www.vaneck.com/us/en/blogs/digital-assets/matthew-sigel-deconstructing-strategy-mstr-premium-leverage-and-capital-structure/">to</a> a report by VanEck, Strategy still trades at a 112% premium to the face value of its Bitcoin holdings, which it attributes to the leverage it employs by issuing convertible debt and equity to fund its aggressive Bitcoin purchases.
In recent months, as tech stocks, along with broader markets, reel from trade and tariff-related uncertainties, Strategy continues to gain, with rising Bitcoin prices, which investors look upon as a <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44787283/is-bitcoin-a-safe-haven-if-ray-dalios-worse-than-a-recession-warning-comes-true">potential safe haven</a> during a recession.
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td class="has-text-align-center" data-align="center">Stock / ETF</td>
<td class="has-text-align-center" data-align="center">3 Month Performance</td>
<td class="has-text-align-center" data-align="center">Year-To-Date Performance</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>)</td>
<td class="has-text-align-center" data-align="center">+47.08%</td>
<td class="has-text-align-center" data-align="center">+23.02%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Roundhill Magnificent Seven ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/MAGS#BATS">MAGS</a>)</td>
<td class="has-text-align-center" data-align="center">+5.73%</td>
<td class="has-text-align-center" data-align="center">-3.34%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">MARA Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>)</td>
<td class="has-text-align-center" data-align="center">+2.39%</td>
<td class="has-text-align-center" data-align="center">-17.95%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>)</td>
<td class="has-text-align-center" data-align="center">+22.13%</td>
<td class="has-text-align-center" data-align="center">-2.80%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Global X Blockchain &amp; Bitcoin Strategy ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BITS#NASDAQ">BITS</a>)</td>
<td class="has-text-align-center" data-align="center">+10.55%</td>
<td class="has-text-align-center" data-align="center">-8.53%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">iShares Bitcoin Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>)</td>
<td class="has-text-align-center" data-align="center">+21.59%</td>
<td class="has-text-align-center" data-align="center">+7.39%</td>
</tr>
</tbody>
</table>
</figure>
Price Action: Shares of Strategy were down 0.43% on Friday, trading at $369.06, and are down 0.09% after hours on Monday.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="137" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02055208/Screenshot-2025-06-02-at-3.21.49-PM-1024x137.png" alt="" class="wp-image-934885" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02055208/Screenshot-2025-06-02-at-3.21.49-PM-1024x137.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02055208/Screenshot-2025-06-02-at-3.21.49-PM-300x40.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02055208/Screenshot-2025-06-02-at-3.21.49-PM-768x103.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02055208/Screenshot-2025-06-02-at-3.21.49-PM-1536x205.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02055208/Screenshot-2025-06-02-at-3.21.49-PM.png 1618w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
According to Benzinga&#8217;s Edge Stock Rankings, Strategy scores high on Momentum, but low on all other metrics. It does, however, feature a favorable price trend in the short, medium, and long term. Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> for deeper insights into the stock.
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/etfs/sector-etfs/25/06/45716143/trump-administration-set-to-ease-big-bank-rules-in-major-rollback-since-2008-crisis-here-are-the-stocks-and-etfs-investors-could-consider">Trump Administration Set To Ease Big Bank Rules In Major Rollback Since 2008 Crisis: Here Are The Stocks And ETFs Investors Could Consider</a></li>
</ul>
Photo courtesy: PJ McDonnell / Shutterstock.com

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

Cryptocurrency

BITS

IBIT

MAGS

MARA

MSTR

Michael Saylor's Strategy Outperforms Apple, Tesla, Amazon And Other Mag 7 Stocks And It's Not Even Close: Has The 'Bitcoin Treasury' Bet Paid Off?

Taiwan Semiconductor Manufacturing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>)&nbsp;is weighing an <a target="_blank" href="https://www.benzinga.com/topic/tsmc" rel="noreferrer noopener">advanced gigafab in</a> the United Arab Emirates.
The contract chipmaker is exploring a complex of six factories (similar to its Arizona fab), subject to regulatory approval from the Trump administration, given the Gulf nation&#8217;s ties to China and Iran&#8217;s influence in the region.
Taiwan Semiconductor held meetings with&nbsp;Steve Witkoff, the U.S. special representative to the Middle East, and MGX officials, Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2025-05-30/tsmc-is-said-to-evaluate-building-advanced-chip-plant-in-the-uae?sref=TBDibEcD" rel="noreferrer noopener">reported</a> on Friday, citing unnamed sources familiar with the matter.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/asia/25/05/45466444/to-serve-exploding-ai-chip-demand-taiwan-semiconductor-plans-9-advanced-factories" rel="noreferrer noopener">To Serve Exploding AI Chip Demand, Taiwan Semiconductor Plans 9 Advanced Factories</a>
Taiwan Semiconductor accounts for the majority share of advanced chips designed by the likes of&nbsp;Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)&nbsp;and&nbsp;Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) components that serve as the brains of electronic devices and are essential for training artificial-intelligence models.
Taiwan Semiconductor executives visited the UAE in 2024, aspiring for potential geographical diversification amid support from the Biden administration subject to stringent conditions. However, the talks failed to fructify.
After Trump assumed charge, the UAE sought a Taiwan Semiconductor fab and vied for easier access to Nvidia chips for AI data centers.
In March, the UAE announced a <a target="_blank" href="https://www.benzinga.com/25/05/45291509/nvidia-broadcom-amd-surge-as-trump-reshapes-ai-chip-export-rules-to-ease-market-pressure" rel="noreferrer noopener">$1.4 trillion commitment</a> to invest in the U.S.
Wedbush&nbsp;analyst Daniel Ives hailed Saudi Arabia as a <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45424189/nvidia-amazon-tesla-palantir-among-top-beneficiaries-of-1-trillion-saudi-arabia-ai-push-analyst-says" rel="noreferrer noopener">significant area of</a> penetration for the AI revolution after President Trump&#8217;s key trip to the Middle East. Ives noted that the market opportunity in Saudi Arabia could add another $1 trillion to the broader global AI market in the coming years, posing tailwind for Nvidia, Palantir Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>),&nbsp;Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>),&nbsp;Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>).
Price Action: TSM shares&nbsp;are trading lower by 0.94% to $191.50 premarket at&nbsp;last check Monday.
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Image by Jack Hong via Shutterstock

Government

Tech

Media

Taiwan Semiconductor Eyes UAE Gigafab, Seeks Crucial US Green Light

Twenty-five years ago, Nokia Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) stood tall as the undisputed leader of the mobile phone industry. In 2000, the Finnish telecom giant was valued at $204.28 billion.&nbsp;
By contrast, Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) was a struggling computer company with a market capitalization of just $5.13 billion, making Nokia worth nearly 40 times more than the now-dominant tech titan.
The same year, Nokia released the legendary 3310, a durable, user-friendly phone that became an instant classic. It sold over 128 million units globally, <a href="https://medium.com/@shrutamdesai/nokia-3310-just-a-mobile-phone-or-more-22280babe9ba">according</a> to Medium.
However, just seven years later, everything changed. In 2007, Apple co-founder Steve Jobs <a href="https://www.benzinga.com/news/23/01/30336631/the-iphone-was-unveiled-16-years-ago-heres-how-much-1-000-invested-in-apple-stock-after-the-debut-is">introduced the</a> iPhone, ushering in the smartphone era and sealing the fate of Nokia's once-thriving dumb phone empire.
See Also:&nbsp;<a href="https://www.benzinga.com/media/25/05/45664231/teslas-optimus-may-be-the-first-humanoid-robot-to-achieve-high-volume-and-tech-scale-says-nvidia-ceo-jensen-huang-likely-to-be-the-next-multi-trillion-dollar-industry" target="_blank" rel="noreferrer noopener">Tesla's Optimus May Be The First Humanoid Robot To Achieve High Volume And Tech Scale, Says Nvidia CEO Jensen Huang: ‘… Likely To Be The Next Multi-Trillion Dollar Industry'</a>
Within a few years, Apple overtook Nokia—and nearly every other mobile manufacturer—in both innovation and market share. Today, Nokia's market cap is at $128.13 billion, while Apple is the third most valuable company in the world with a $2.99 trillion market capitalization.
Now, the script appears to be flipping again.
Apple, despite being one of the most valuable companies in history, has been <a href="https://www.benzinga.com/media/25/05/45486193/why-is-apple-still-behind-on-ai-expert-dissects-reasons-behind-iphone-maker-lagging-likes-of-microsoft-and-amazon-despite-poaching-googles-ai-chief">slow to embrace the artificial intelligence</a> revolution that is reshaping the tech industry.
Meanwhile, rivals like Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google, Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and new-age startups like OpenAI are sprinting ahead with consumer and enterprise AI products.
The question now echoing through the corridors of the tech industry is whether Apple's lagging progress in AI could mirror Nokia's decline—a once-dominant player caught flat-footed by the next wave of innovation.
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.
Eddy Cue, a senior executive at Apple, has also hinted that AI could have the same disruptive impact on Apple as the iPhone once had on Nokia.
During his testimony in the DOJ's antitrust case against Alphabet, Cue warned that the <a href="https://www.benzinga.com/25/05/45488603/apples-ai-powered-home-services-strategy-could-upend-yelp-angi-goog-insider-says-trust-data-and-ux-key-in-this-500b-market">iPhone itself could lose relevance</a> within the next decade, adding, "As crazy as that sounds."
Jony Ive, Apple's former design chief, has also referred to smartphones and laptops as "legacy products," implying they no longer define the future of computing. His remark came as OpenAI shared <a href="https://www.benzinga.com/tech/25/05/45640879/openais-sam-altman-says-6-5b-deal-with-jony-ive-to-build-ai-companions-could-add-1-trillion-in-company-value-report">plans to develop</a> a line of AI-driven devices in collaboration with the renowned designer.
According to Gene Munster, managing partner at Deepwater Asset Management, OpenAI now presents the <a href="https://www.benzinga.com/news/25/05/45599511/apple-faces-first-serious-threat-in-20-years-as-openai-acquires-iphone-makers-former-design-chief-jo">most serious competitive threat</a> to Apple in the past two decades.
While Apple is rumored to <a href="https://www.benzinga.com/news/topics/25/06/45712700/apples-ai-struggles-to-keep-pace-with-rivals-ahead-of-wwdc-2025">unveil new AI features</a> at its Worldwide Developers Conference on June 9, the pressure is mounting.
Price Action: Over the past five years, Apple shares have risen by 142.34%, though they are down 17.63% year-to-date, according to <a href="http://pro.benzinga.com/">Benzinga Pro</a>.
Benzinga Edge Stock Rankings gives Apple a growth score of 32.97%. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it stacks up against other major players</a> like Alphabet and Microsoft.
<figure class="wp-block-image aligncenter size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02050410/Screenshot-2025-06-02-at-2.27.08%E2%80%AFPM.png" alt="" class="wp-image-934809" /></a></figure>
Check out more of Benzinga&#8217;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 AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: jamesteohart / Shutterstock.com

Nokia Was Worth 40 Times More Than Apple 25 Years Ago, When The Legendary Nokia 3310 Was Launched: 7 Years Later, Steve Jobs Ended The Era Of Dumb Phones. Is The Writing On The Wall For Cupertino As It Trails In The AI Race?

German cognitive scientist Joscha Bach says humanity faces a bigger existential threat from dragging its feet on artificial intelligence than from building it too fast.
What Happened: Speaking last week at the California Institute for Machine Consciousness, the longtime AI theorist argued that climate change, super-volcanoes and our own "inability to stay aligned with survival" pose a higher kill-shot probability than a runaway algorithm — unless people use the current "technological bubble" to build smarter machines fast.
"Over a long enough time span, it&#8217;s certain something will lead to our extinction … I'm much more afraid that we don't build AI than that we build it," he told the audience.
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Bach, who researches machine consciousness and computational models of mind, has previously written that society must "make AI beautiful" — safe, aligned systems capable of steering civilisation through the next evolutionary bottleneck.
Without AI, Bach argues, civilization's respite from predators and famine is a temporary "bubble" that will burst. Scaling intelligent machines, he says, is the only credible way to invent planetary-scale defenses.
See also: <a href="https://www.benzinga.com/markets/macro-economic-events/25/06/45714416/former-treasury-secretary-larry-summers-warns-the-dollar-is-starting-to-trade-like-a-latin-american-currency-greenback-going-from-safe-haven-to-risk-asset">Former Treasury Secretary Larry Summers Warns The Dollar Is Starting To Trade Like A Latin American Currency — Greenback Going From Safe Haven To Risk Asset?</a>
Why It Matters: The plea drops into a rift among AI luminaries. OpenAI chief Sam Altman <a href="https://www.benzinga.com/media/25/05/45312650/sam-altman-tells-congress-us-must-pursue-sensible-regulation-avoid-silly-mistake-to-stay-ahead-of-china-in-ai-race-its-hard-to-say-how-far-ahead-we-are">has shifted</a> from calling for sweeping guardrails in 2023 to urging "sensible regulation&#8221; that &#8220;does not slow us down," framing speed as vital to out-innovate China. Elon Musk and Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) co-founder Steve Wozniak <a href="https://www.benzinga.com/news/23/03/31543935/elon-musk-steve-wozniak-pinterest-founder-sign-open-letter-to-pause-trials-of-ai-more-powerful-than">joined a 2024 open letter</a> demanding a six-month moratorium on systems beyond GPT-4, though Musk <a href="https://www.benzinga.com/news/24/03/37987626/is-superintelligence-safe-elon-musk-backtracks-on-ai-warnings?utm_source=chatgpt.com">later called the effort</a> "futile."
Geoffrey Hinton, the "Godfather of AI," quit Google (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) in 2023 after concluding there is a <a href="https://www.benzinga.com/news/24/06/39319028/terminator-in-real-life-ai-godfather-warns-of-human-wipe-out-in-5-to-20-years">50-50 chance</a> advanced systems could wipe out humanity within two decades. At Davos, fellow Turing Award winner Yoshua Bengio <a href="https://www.businessinsider.com/yoshua-bengio-ai-godfather-agents-2025-1">told</a> Business Insider that autonomous "agentic" models could be the most dangerous route and pushed for international safety rules before such systems scale.
Meta's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) Yann LeCun, in an <a href="https://www.wired.com/story/artificial-intelligence-meta-yann-lecun-interview/">interview</a> with WIRED, dismisses such doomsday talk as "stupid," insisting today's models still lack basic reasoning and common sense.
Photo Courtesy: Tapati Rinchumrus on Shutterstock.com
Read next: <a href="https://www.benzinga.com/cannabis/25/06/45714519/ross-ulbricht-the-silk-road-founder-pardoned-by-trump-soon-after-his-inauguration-receives-a-whopping-31-million-worth-of-bitcoin-in-donation-wallet">Ross Ulbricht, The Silk Road Founder Pardoned By Trump Soon After His Inauguration, Receives A Whopping $31 Million Worth Of Bitcoin In Donation Wallet</a>

Delaying Artificial Intelligence The Real Existential Risk Says Joscha Bach, Scientist Says He's More Afraid That 'We Don't Build AI'

Vinod Khosla, the Sun Microsystems co-founder and early OpenAI backer, says Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) is chasing the wrong race, urging Google to invest its money into Waymo.
What Happened: In a Sunday post on X, the venture capitalist urged Google's parent to pour "tens of billions" into Waymo before rivals close the gap, arguing robotaxis could eclipse the revenue engine that built Google's search empire.
Khosla's post came after entrepreneur Simon Kalouche shared YipitData estimates showing Waymo's gross bookings in San Francisco topped Lyft's in May and are on pace to pass Uber's within 12 months. The data highlights a steep adoption curve — bookings for Waymo One have nearly quadrupled since late 2023.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Writing has been on the wall. Self driving will surely win over human driving. Better consumer experience, far lower cost, more scalability and predictability. If I were <a href="https://twitter.com/Google?ref_src=twsrc%5Etfw">@Google</a> I'd be investing tens of billions of dollars per year to entrench myself before others caught up.… <a href="https://t.co/wi6BWX3wbP">https://t.co/wi6BWX3wbP</a>
&mdash; Vinod Khosla (@vkhosla) <a href="https://twitter.com/vkhosla/status/1929235813533175922?ref_src=twsrc%5Etfw">June 1, 2025</a></blockquote>
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Waymo's growth isn't just a Bay Area quirk. The Alphabet unit now delivers roughly <a href="https://www.benzinga.com/25/05/45539621/tesla-robotaxi-rival-waymo-reaches-10-million-paid-rides-milestone-as-robotaxis-step-into-the-spotlight">250,000 paid rides</a> each week across Phoenix, Los Angeles and San Francisco and recently celebrated 10 million lifetime trips, doubling that milestone in five months. Analysts also caution that Lyft's <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45325248/lyft-is-executing-well-but-analysts-caution-about-uber-and-waymo-competition">recent booking growth</a> could be capped by Waymo's expansion, even as Lyft touts double-digit gains.
See also: <a href="https://www.benzinga.com/news/topics/25/06/45714095/chamath-palihapitiya-calls-tesla-an-obvious-win-says-robotaxi-alphabets-waymo-will-overtake-uber-and-lyft">Chamath Palihapitiya Calls Tesla An &#8216;Obvious Win,&#8217; Says Robotaxi, Alphabet&#8217;s Waymo Will Overtake Uber And Lyft</a>
Why It Matters: Alphabet's core search business still throws off colossal cash — Google Search generated about $50.7 billion in revenue last quarter alone, according to the <a href="https://www.benzinga.com/25/04/44995955/alphabet-q1-earnings-highlights-google-search-youtube-cloud-show-robust-momentum">company's filings</a>. Yet the company is spending heavily to defend that cash cow against AI-powered challengers.
The company&#8217;s CEO, Sundar Pichai, recently admitted in an interview that overall Google Search activity is <a href="https://www.benzinga.com/media/25/05/45687166/apple-may-see-fewer-searches-in-safari-but-google-ceo-sundar-pichai-insists-ai-is-fueling-overall-query-growth-far-from-a-zero-sum-game">still growing</a>, despite claims from Apple&#8217;s Eddy Cue that Safari had experienced a <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45259675/apple-alphabet-shares-tumble-amid-potential-ai-search-shift">decline in search volumes</a>.
At its developer conference, Google rolled out a new &#8220;AI mode&#8221; in its Search and Chrome browser for all U.S. users. The feature provides a conversational, Q&amp;A-style experience, resembling ChatGPT and replacing the conventional list of search result links.
According to Benzinga Edge Stock Rankings, Alphabet has received a growth score of 88.54%. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Click here to see how it stacks up against the likes of Apple</a>.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="140" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02000156/goog-edge-1024x140.png" alt="" class="wp-image-934504" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02000156/goog-edge-1024x140.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02000156/goog-edge-300x41.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02000156/goog-edge-768x105.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02000156/goog-edge.png 1438w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Photo Courtesy: JHVEPhoto on Shutterstock.com
Read Next: <a href="https://www.benzinga.com/cannabis/25/06/45714044/amazon-and-google-backed-ai-startup-anthropic-reportedly-hits-3-billion-in-annualized-revenue-wheres-chatgpt-parent-openai-at">Amazon And Google Backed AI Startup Anthropic Reportedly Hits $3 Billion In Annualized Revenue — Where&#8217;s ChatGPT-Parent OpenAI At?</a>

Vinod Khosla Tells Google Forget About Search, Sun Microsystems Co-Founder Urges Tech Giant To Invest 'Tens Of Billions' In Self-Driving Before Others Catch Up

Billionaire investor Chamath Palihapitiya predicts Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Robotaxi and Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Waymo will dominate the autonomous vehicle market, potentially sidelining ride-hailing giants Uber Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NASDAQ">UBER</a>) and Lyft Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>).
What Happened: In a Sunday post on X, Palihapitiya argued that consumer preference for driverless rides stems from privacy concerns rather than just cost considerations. &#8220;This is less about Uber or Lyft and more about a desire to ride alone without a person you don&#8217;t know who can overhear conversations or interrupt quiet contemplation,&#8221; he wrote.
The Social Capital founder emphasized that autonomous technology represents &#8220;the experience of the future,&#8221; questioning whether existing ride-hailing apps can provide sufficient value once driverless options become widespread. He sees Tesla positioned for &#8220;an obvious win&#8221; as the company scales its autonomous capabilities.
Palihapitiya&#8217;s comments followed data showing Waymo&#8217;s market penetration in San Francisco. According to YipitData, Waymo&#8217;s market share surged from nearly 0% in August 2023 to approximately 27% by April, overtaking Lyft&#8217;s 22% share while Uber maintained its lead at 53%.
He predicted neither company would have &#8220;deep incentive to work with other apps&#8221; once they understand consumer preferences for driverless over traditional ride-hailing.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This is less about Uber or Lyft and more about a desire to ride alone without a person you don't know who can overhear conversations or interrupt quiet contemplation. Driverless is the experience of the future. The question is if the Uber or Lyft apps can provide enough… <a href="https://t.co/ouZBUPFtvX">https://t.co/ouZBUPFtvX</a>
&mdash; Chamath Palihapitiya (@chamath) <a href="https://twitter.com/chamath/status/1929290467008819289?ref_src=twsrc%5Etfw">June 1, 2025</a></blockquote>
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See Also: <a href="https://www.benzinga.com/markets/market-summary/25/06/45713715/dow-futures-slip-over-100-points-after-trump-announces-doubling-steel-tariffs-nikkei-down">Dow Futures Slip Over 100 Points After Trump Announces Doubling Steel Tariffs, Nikkei Down</a>
Why It Matters: Tesla plans to launch its robotaxi service in Austin on June 12, starting with 10-20 Model Y vehicles equipped with Full Self-Driving technology and remote supervision. However, The Future Fund&#8216;s Gary Black dismissed the launch as posing <a href="https://www.benzinga.com/tech/25/05/45687704/gary-black-says-teslas-robotaxi-launch-in-june-poses-minimal-risk-to-uber-will-offer-low-cost">minimal risk to Uber&#8217;s business model</a>.
The autonomous vehicle race intensifies as Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) expands its Apollo Go service internationally, providing 1.4 million rides in the first quarter of 2025 across 15 cities globally. With over 1,000 fully driverless vehicles deployed, Baidu positions itself as the world&#8217;s <a href="https://www.benzinga.com/markets/equities/25/05/45557944/baidus-apollo-go-enters-dubai-and-abu-dhabi-ceo-robin-li-touts-global-robotaxi-lead-with-1-4-million-rides-in-q1">leading autonomous ride-hailing provider</a>.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Ken Wolter / Shutterstock.com

BIDU

LYFT

UBER

Chamath Palihapitiya Calls Tesla An 'Obvious Win,' Says Robotaxi, Alphabet's Waymo Will Overtake Uber And Lyft

Anthropic, the artificial intelligence startup backed by Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)&nbsp; and Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google, has reportedly reached a $3 billion annualized revenue run rate, just months after <a href="https://www.benzinga.com/25/01/43127416/anthropic-gains-big-with-google-backing-aiming-for-60-billion-valuation-and-surging-ai-revenue">hitting $1 billion</a> in December 2024.
What Happened: The San Francisco-based company has seen an unprecedented growth surge, primarily driven by enterprise demand for its AI models, especially in code generation, reported Reuters, citing sources familiar with the matter.
The figure surpassed $2 billion near the end of March and reached $3 billion by the end of May, according to one of the sources.
See Also:&nbsp;<a href="https://www.benzinga.com/tech/25/05/45486639/sundar-pichai-reveals-google-parent-once-super-intensely-debated-about-buying-netflix-in-a-world-of-butterfly-effects" target="_blank" rel="noreferrer noopener">Sundar Pichai Reveals Google-Parent Once Super Intensely Debated About Buying Netflix: ‘In A World Of Butterfly Effects…'</a>
Anthropic's Claude chatbot has gained traction in the business world, even as it lags behind OpenAI's ChatGPT in consumer adoption. Web analytics data from Similarweb in April showed Claude's traffic at just 2% of ChatGPT's, the report added.
Why It's Important: OpenAI, a rival to Anthropic, is projecting more than $12 billion in total revenue by the end of 2025, up from $3.7 billion last year, the report noted, citing three people familiar with the matter.
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&#8220;This total revenue is different from an estimated annualized figure like Anthropic&#8217;s,&#8221; the report said.
The Sam Altman-led OpenAI hasn't disclosed enterprise-specific revenue, but in May, it reported that the number of paying seats for its ChatGPT Enterprise product had increased to 3 million, up from 2 million in February, the report said.
Anthropic is currently valued at $61.5 billion <a href="https://www.benzinga.com/tech/25/03/44099466/bitcoin-ethereum-dogecoin-nosedive-as-trumps-tariff-moves-wipe-out-crypto-reserve-fueled-gains-analyst-says-breaking-through-this-barrier-will-help-btc-touch-new-highs">following a $3.5 billion funding</a> round.
Amazon has a growth score of 97.11%, according to Benzinga Edge Stock Rankings. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it compares to other companies such as</a> Alphabet.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/01230939/Screenshot-2025-06-02-at-8.37.09%E2%80%AFAM.png" alt="" class="wp-image-934470" /></a></figure>
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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 AI tools and was reviewed and published by Benzinga editors.

Amazon And Google Backed AI Startup Anthropic Reportedly Hits $3 Billion In Annualized Revenue — Where's ChatGPT-Parent OpenAI At?

In a move that could escalate trade tensions with the U.S., Germany is reportedly contemplating imposing a 10% tax on major online platforms, including&nbsp;Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)&nbsp;<a target="_blank" href="https://www.benzinga.com/25/05/45689009/germany-considers-10-digital-tax-on-tech-titans-alphabet-and-meta-report" rel="noreferrer noopener">and&nbsp;</a><a target="_blank" href="https://www.benzinga.com/25/05/45689009/germany-considers-10-digital-tax-on-tech-titans-alphabet-and-meta-report" rel="noreferrer noopener">Meta Platforms Inc. </a><a target="_blank" href="https://www.benzinga.com/25/05/45689009/germany-considers-10-digital-tax-on-tech-titans-alphabet-and-meta-report" rel="noreferrer noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)</a>.&nbsp;
Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) isn&#8217;t a company usually associated with national security, but it is in the crosshairs of President&nbsp;Donald Trump, now an expert has <a target="_blank" href="https://www.benzinga.com/markets/25/05/45603673/trumps-targeting-of-apple-isnt-random-analyst-says-its-a-calculated-move-for-maximum-political-gain" rel="noreferrer noopener">given his take on the situation</a>.
Entertainment
JioHotstar, the newly merged streaming platform from&nbsp;Walt Disney Co.&nbsp;and&nbsp;Mukesh Ambani&#8217;s Reliance, has added 230 million subscribers in just three months, bringing its total to 280 million, nearly matching&nbsp;Netflix Inc.&#8217;s&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) <a target="_blank" href="https://www.benzinga.com/25/05/45604822/disney-and-ambanis-jiohotstar-adds-230-million-subscribers-in-3-months-nears-netflixs-global-total-driven-by-crickets-unmatched-pull-in-india" rel="noreferrer noopener">300 million global users</a>.
Technology
Nvidia Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO&nbsp;Jensen Huang's&nbsp;rejection of&nbsp;PowerPoint&nbsp;presentations isn&#8217;t a quirky habit—it&#8217;s part of a broader trend among some of the most successful tech leaders who believe slide <a target="_blank" href="https://www.benzinga.com/media/25/05/45614590/jensen-huang-isnt-a-powerpoint-fan-neither-are-jeff-bezos-and-elon-musk-why-slide-decks-dont-cut-it-for-todays-tech-leaders" rel="noreferrer noopener">decks are a barrier to real thinking</a>.
Nvidia CEO&nbsp;Jensen Huang&nbsp;said that he believes&nbsp;Tesla&#8217;s&nbsp;Optimus&nbsp;humanoid robot&nbsp;could be the first to reach mass adoption and trigger <a target="_blank" href="https://www.benzinga.com/media/25/05/45664231/teslas-optimus-may-be-the-first-humanoid-robot-to-achieve-high-volume-and-tech-scale-says-nvidia-ceo-jensen-huang-likely-to-be-the-next-multi-trillion-dollar-industry" rel="noreferrer noopener">a multi-trillion-dollar industry</a>.
Alphabet&#8217;s&nbsp;CEO&nbsp;Sundar Pichai&nbsp;has firmly rejected the notion that anyone at&nbsp;Google&nbsp;can manually alter search rankings, even in response to <a target="_blank" href="https://www.benzinga.com/media/25/05/45635747/sundar-pichai-says-no-one-at-google-can-change-trumps-search-ranking-not-even-him" rel="noreferrer noopener">President&nbsp;</a><a target="_blank" href="https://www.benzinga.com/media/25/05/45635747/sundar-pichai-says-no-one-at-google-can-change-trumps-search-ranking-not-even-him" rel="noreferrer noopener">Donald Trump&#8217;s</a><a target="_blank" href="https://www.benzinga.com/media/25/05/45635747/sundar-pichai-says-no-one-at-google-can-change-trumps-search-ranking-not-even-him" rel="noreferrer noopener">&nbsp;complaints</a>.
Years after&nbsp;a controversial split,&nbsp;Mark Zuckerberg&#8217;s Meta Platforms&nbsp;and&nbsp;Palmer Luckey&nbsp;are teaming up again—this time to equip U.S. soldiers <a target="_blank" href="https://www.benzinga.com/media/25/05/45687185/mark-zuckerbergs-meta-reunites-with-palmer-luckey-to-equip-us-soldiers-with-eagleeye-an-ai-powered-combat-headset-that-can-detect-drones" rel="noreferrer noopener">with next-gen combat headsets</a>.
Smartphones
Apple CEO&nbsp;Tim Cook has found himself at the receiving end of President&nbsp;Donald Trump‘s criticism, marking a stark contrast to their previously warm relationship, but reports suggest iPhone production in <a target="_blank" href="https://www.benzinga.com/25/05/45612848/trumps-recent-wrath-on-apple-ceo-tim-cook-is-also-tied-to-the-middle-east-not-just-india-report" rel="noreferrer noopener">India is not the only reason</a>.
A fresh wave of tariff threats is hanging over&nbsp;Apple, but JPMorgan&#8217;s Samik Chatterjee isn&#8217;t downgrading Apple stock. In fact, he&#8217;s sticking to an Overweight rating, calling&nbsp;the company &#8220;well positioned&#8221;&nbsp;t<a target="_blank" href="https://www.benzinga.com/trading-ideas/long-ideas/25/05/45608580/apple-may-hike-iphone-price-but-well-positioned-to-eat-tariff-bite-says-analyst" rel="noreferrer noopener">o weather the cost shock</a>.
Apple&nbsp;supplier&nbsp;Foxconn&nbsp;is set to announce a partnership with a second Japanese auto manufacturer as the Taiwanese <a target="_blank" href="https://www.benzinga.com/25/05/45667851/apple-supplier-foxconn-set-to-announce-second-japanese-auto-partner-as-it-turns-to-evs" rel="noreferrer noopener">manufacturer turns towards EVs</a>.
A new leak from a&nbsp;Weibo&nbsp;tipster,&nbsp;Digital Chat Station, suggests that&nbsp;Apple is working on a significant camera upgrade for a future&nbsp;iPhone&nbsp;model — <a target="_blank" href="https://www.benzinga.com/25/05/45637477/iphone-camera-could-get-its-biggest-upgrade-yet-with-200mp-sensor-leak-suggests-will-apple-finally-catch-up-to-samsung" rel="noreferrer noopener">a 200-megapixel sensor</a>.
Apple is reportedly preparing to rebrand its software platforms by introducing <a target="_blank" href="https://www.benzinga.com/25/05/45661713/apple-to-rename-all-operating-systems-for-2026-ios-macos-ipados-get-year-based-overhaul-and-fresh-look" rel="noreferrer noopener">a year-based naming system</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/05/45638355/headline-apples-former-design-chief-jony-ive-called-phones-and-laptops-legacy-platforms-google-ceo-sundar-pichai-said-pulling-out-a-black-glass-rectangle-wont-make-sense-forever-though-new-age-devices-havent-really-taken-off-yet" rel="noreferrer noopener">Apple&#8217;s Former Design Chief Jony Ive Called Phones And Laptops &#8216;Legacy Platforms:&#8217; Sundar Pichai Says Pulling Out A &#8216;Black Glass Display Rectangle&#8217; Won&#8217;t Make Sense Forever</a>
Automobiles/Spacecraft
Regulators from China&#8217;s commerce ministry are set to meet with executives from several Chinese automakers, including EV giant&nbsp;BYD Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>), to discuss the<a target="_blank" href="https://www.benzinga.com/markets/asia/25/05/45611701/chinese-regulators-will-meet-tesla-rival-byd-other-companies-to-discuss-zero-mile-used-cars-report" rel="noreferrer noopener"> surge in zero-mile used car sales</a>.
One of the major dealers of Chinese EV giant&nbsp;BYD has reportedly shut down its operations across multiple cities in China as the company <a target="_blank" href="https://www.benzinga.com/25/05/45666513/a-major-byd-dealer-in-china-shut-down-its-operations-as-ev-giant-expands-into-europe-report" rel="noreferrer noopener">expands into the European market</a>.
Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and SpaceX CEO&nbsp;Elon Musk&nbsp;said that the company&#8217;s Starship rocket, a crucial element in the billionaire&#8217;s plans to set up a colony on Mars, can <a target="_blank" href="https://www.benzinga.com/25/05/45612033/elon-musk-touts-spacexs-starship-rocket-ahead-of-launch-says-it-can-reach-mars-in-six-months" rel="noreferrer noopener">reach the red planet in 6 months</a>.
Elon Musk&#8216;s EV giant recorded over 11,000 new insured registrations in the Chinese market for the week ending May 25, according to a post on social media platform X on Tuesday by&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/25/05/45614051/tesla-bull-gary-black-weighs-in-as-elon-musks-ev-giant-logs-over-11000-new-registrations-for-straight-second-week" rel="noreferrer noopener">Future Fund LLC</a><a target="_blank" href="https://www.benzinga.com/markets/equities/25/05/45614051/tesla-bull-gary-black-weighs-in-as-elon-musks-ev-giant-logs-over-11000-new-registrations-for-straight-second-week" rel="noreferrer noopener">&#8216;s&nbsp;</a><a target="_blank" href="https://www.benzinga.com/markets/equities/25/05/45614051/tesla-bull-gary-black-weighs-in-as-elon-musks-ev-giant-logs-over-11000-new-registrations-for-straight-second-week" rel="noreferrer noopener">Gary Black</a>.
Tesla sales fell 49% YoY in Europe for April as&nbsp;Elon Musk&#8216;s EV giant continues to <a target="_blank" href="https://www.benzinga.com/markets/eurozone/25/05/45616006/teslas-european-woes-see-no-end-april-sales-crash-49-as-rivals-race-ahead-in-ev-market" rel="noreferrer noopener">grapple with global challenges</a>.
Tesla rival&nbsp;Li Auto Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) will release two new SUVs this year and could also release the company&#8217;s first-ever sedan, provided the <a target="_blank" href="https://www.benzinga.com/markets/asia/25/05/45691082/tesla-rival-li-auto-will-release-2-new-suvs-this-year-ceo-li-xiang-hints-at-companys-first-sedan" rel="noreferrer noopener">market conditions are favorable</a>.
Tesla will launch its Robotaxi service in Austin on June 12, with CEO&nbsp;Elon Musk&nbsp;confirming that the company is <a target="_blank" href="https://www.benzinga.com/tech/25/05/45662671/tesla-targets-june-12-for-robotaxi-launch-in-austin-elon-musk-says-company-ramped-up-fsd-testing-a-month-ahead-of-schedule" rel="noreferrer noopener">currently testing the Model Y</a>.
Rivian Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) CEO&nbsp;RJ Scaringe&nbsp;has shared a sneak peek of the upcoming Rivian R2&#8217;s rear suspension, <a target="_blank" href="https://www.benzinga.com/25/05/45642153/rivian-ceo-rj-scaringe-touts-45000-rivian-r2s-updated-rear-suspension-cant-wait-for-folks" rel="noreferrer noopener">ahead of the planned 2026 launch</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/price-target/25/05/45617151/ubs-maintains-neutral-rating-for-rivian-stock-sets-price-13-price-target" rel="noreferrer noopener">Rivian Stock Above $15, But UBS Sees Fair Value At $13 Amid Affordability Concerns</a>
Stellantis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>), the parent company of brands like&nbsp;Dodge&nbsp;and&nbsp;Jeep, has appointed&nbsp;Antonio Filosa&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/eurozone/25/05/45638939/stellantis-names-antonio-filosa-ceo-amid-uncertainty-over-trumps-50-eu-tariff-threat" rel="noreferrer noopener">as the new chief executive officer</a>.
General Motors Co.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) will invest $888 million in its Tonawanda Propulsion facility, where the company manufactures V-8 engines that power its <a target="_blank" href="https://www.benzinga.com/tech/25/05/45640639/general-motors-to-invest-888-million-in-ny-v-8-engine-plant-despite-surge-in-ev-market-share" rel="noreferrer noopener">SUVs and Full-Size Trucks</a>.
Artificial Intelligence
Some news headlines and social media chatter have stirred excitement—and confusion—over whether all UAE residents now get free access to&nbsp;ChatGPT Plus&nbsp;<a target="_blank" href="https://www.benzinga.com/news/global/25/05/45612410/fact-check-no-openais-chatgpt-plus-isnt-free-for-all-uae-residents" rel="noreferrer noopener">as part of</a><a target="_blank" href="https://www.benzinga.com/news/global/25/05/45612410/fact-check-no-openais-chatgpt-plus-isnt-free-for-all-uae-residents" rel="noreferrer noopener">&nbsp;OpenAI&#8217;s</a><a target="_blank" href="https://www.benzinga.com/news/global/25/05/45612410/fact-check-no-openais-chatgpt-plus-isnt-free-for-all-uae-residents" rel="noreferrer noopener">&nbsp;latest expansion</a>.
On Wednesday, the legal battle between&nbsp;OpenAI&nbsp;and&nbsp;Elon Musk&nbsp;escalated as the&nbsp;ChatGPT&nbsp;maker urged a judge to allow its countersuit to proceed, accusing the billionaire of <a target="_blank" href="https://www.benzinga.com/25/05/45686378/openai-fights-to-keep-countersuit-alive-against-elon-musk-over-profit-shift-calls-his-974-billion-bid-a-media-stunt" rel="noreferrer noopener">fraud and media manipulation</a>.
Chinese AI startup&nbsp;DeepSeek, which triggered a&nbsp;$600 billion drop&nbsp;in&nbsp;Nvidia Corporation&#8217;s&nbsp;market value with the release of its&nbsp;R1&nbsp;model in January, has quietly launched an updated version <a target="_blank" href="https://www.benzinga.com/media/25/05/45662927/chinas-deepseek-quietly-drops-r1-ai-update-that-nearly-matches-openai-o4-mini-and-beats-elon-musks-grok-3-mini" rel="noreferrer noopener">of its reasoning model</a>.
Kevin O&#8217;Leary&nbsp;is on a mission to make AI fluency essential for business leaders—and he&#8217;s hiring <a target="_blank" href="https://www.benzinga.com/25/05/45663361/kevin-oleary-wants-to-teach-every-ceo-how-to-use-aiand-hes-hiring-people-to-do-it-calling-it-a-lifetime-career-opportunity" rel="noreferrer noopener">trainers to make it happen</a>.
Image: Shutterstock/JHVEPhoto

BYDDF

NFLX

RIVN

STLA

Consumer Tech News (May 26-May 30): Germany May Impose 10% Online Platform Tax, Tesla's European Sales Slump & More

Despite previously warning about the dangers of advanced Artificial Intelligence (AI) and robotics, Tesla Inc. CEO Elon Musk has invested in several AI startups following a stark warning from DeepMind's co-founder, Demis Hassabis.
What Happened:&nbsp;In an interview with CNBC in July 2017, Musk had expressed concerns about the existential risks posed by AI to human civilization back in 2017. He had forecasted significant job disruptions, with transportation roles among the first to be fully automated.
Musk, well-versed in advanced AI, called for proactive regulation, warning that waiting for serious incidents, like robot-caused harm, would be too late to act effectively. &#8220;AI is a fundamental existential risk for human civilization,&#8221; cautioned Musk.
However, it is ironic because by 2017, Elon Musk was already an early-stage investor who pumped millions into several AI startups like DeepMind, OpenAI, and Vicarious.
A 2023 New York Times <a href="https://www.nytimes.com/2023/12/03/technology/ai-openai-musk-page-altman.html">report</a> reveals that Musk decided to invest in AI firms despite his reservations after DeepMind&#8217;s co-founder Hassabis told him in 2012 that Musk&#8217;s plans to colonize Mars would work only if &#8220;superintelligent machines&#8221; didn&#8217;t follow human beings on their trip to the planet.
According to the publication, &#8220;Mr. Musk was speechless&#8221; and invested in DeepMind soon after alongside Peter Thiel, to &#8216;be closer&#8217; to the advancements of AI.
DeepMind was later acquired by Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google in 2014 for $500 million, despite Musk putting in a bid to buy it.
In 2014, Elon Musk <a href="https://www.cnbc.com/2014/06/18/first-on-cnbc-cnbc-transcript-spacex-ceo-elon-musk-speaks-with-cnbcs-closing-bell.html">told </a>CNBC that his investments are &#8220;not from the standpoint of actually trying to make any investment return. I like to just keep an eye on what's going on."
He also stated he was wary of a Terminator-like outcome.
SEE ALSO: <a href="https://benzinga.com/25/05/45612848/trumps-recent-wrath-on-apple-ceo-tim-cook-is-also-tied-to-the-middle-east-not-just-india-report" target="_blank" rel="noreferrer noopener">Trump&#8217;s Apple Beef Isn&#8217;t Just About India-Made iPhones — It&#8217;s Also About Skipped Middle East Trip: Report</a>
Why It Matters:  Despite his warnings, Musk launched his own AI startup, xAI, and unveiled its new chatbot, Grok, in March and November 2023, respectively.
In March 2025, he predicted in an&nbsp;<a href="https://www.benzinga.com/tech/25/03/44526637/elon-musk-says-ai-will-be-smarter-in-10-years-than-humans-who-will-have-a-much-higher-standard-of-living">interview</a>&nbsp;that AI could outperform humans cognitively in a decade. He also highlighted the potential for a higher standard of living due to AI, but cautioned about the risks.
Recently, Musk <a href="https://www.benzinga.com/tech/25/05/45599950/elon-musk-praises-google-deepminds-veo-3-ai-video-model-says-it-is-awesome">praised </a>Google DeepMind&#8217;s Veo 3 AI video model, calling it &#8220;awesome.&#8221; This tool generates high-resolution visuals and realistic audio, demonstrating the rapid progress of AI technology.
However, OpenAI&#8217;s Sam Altman echoed the sentiment and thought it&#8217;s better to actively participate in the field rather than do nothing.
&#8220;I sleep better knowing I can have some influence now,&#8221; Altman said.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
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Elon Musk Called AI An 'Existential Risk for Human Civilization' — Yet, He Invested Early In DeepMind After This Warning From Co-Founder Demis Hassabis

On Friday, a federal judge signaled he may scale back the Justice Department's proposed remedies for Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google's <a href="https://www.benzinga.com/government/24/08/40169996/alphabet-loses-antitrust-suit-over-google-search-dominance-report">alleged search monopoly</a>, citing the fast-changing role of artificial intelligence in online search.
What Happened: U.S. District Judge Amit Mehta, presiding over the high-profile antitrust case, expressed skepticism about imposing a 10-year oversight plan that would force Google to share search data and stop paying Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and others to be the default search engine, reported Reuters.
"Ten years may seem like a short period, but in this space, a lot can change in weeks," Mehta said, referring to ChatGPT-maker OpenAI's decision to buy Jony Ive's startup to <a href="https://www.benzinga.com/tech/25/05/45640879/openais-sam-altman-says-6-5b-deal-with-jony-ive-to-build-ai-companions-could-add-1-trillion-in-company-value-report">build AI devices</a>.&nbsp;
See Also:&nbsp;<a href="https://www.benzinga.com/tech/25/05/45486639/sundar-pichai-reveals-google-parent-once-super-intensely-debated-about-buying-netflix-in-a-world-of-butterfly-effects" target="_blank" rel="noreferrer noopener">Sundar Pichai Reveals Google-Parent Once Super Intensely Debated About Buying Netflix: ‘In A World Of Butterfly Effects…&#8217;</a>
He added that future competition may not come from <a href="https://www.benzinga.com/news/23/10/35102432/apples-dismissed-plan-to-replace-google-with-duckduckgo-on-safari-the-inside-story">traditional search rivals like</a> Microsoft Corp.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) Bing or DuckDuckGo, but from AI companies offering fundamentally different user experiences.
"If anything, it's going to be one of these AI companies that can do more than just search. And Why? Because maybe people don't want 10 blue links anymore," Mehta said.
Google's lawyer John Schmidtlein pushed back on the idea of giving AI rivals access to Google's proprietary data, arguing, "Coming to Google and asking Google for a handout when they are the market leader seems completely disproportionate to what this case is about."
Previously, Nick Turley, OpenAI&#8217;s product head for ChatGPT, testified that the AI startup would be open to acquiring Chrome if Google <a href="https://www.benzinga.com/news/legal/25/04/44941262/openai-once-tried-to-use-googles-search-technology-instead-of-microsoft-bing-due-to-quality-issues-was-rejected-now-sam-altmans-startup-says-itd-buy-chrome-if-forced-antitrust-sale-happens">were ever compelled to sell it</a>.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It's Important: Earlier this month, Apple executive Eddy Cue testified that Safari had seen a <a href="https://www.benzinga.com/25/05/45339953/apple-exec-says-iphone-users-are-ditching-google-search-now-chamath-palihaptiya-urges-the-tech-giant-to-stop-waiting-for-data-and-start-fighting-models-like-chatgpt">drop in search volumes</a> for the first time in over 20 years, attributing the decline to the growing use of AI-powered searches.
Alphabet CEO Sundar Pichai pushed back on this in an interview with The Verge published this week, asserting that the <a href="https://www.benzinga.com/media/25/05/45687166/apple-may-see-fewer-searches-in-safari-but-google-ceo-sundar-pichai-insists-ai-is-fueling-overall-query-growth-far-from-a-zero-sum-game">data does not indicate a decline</a> in overall activity. &#8220;We&#8217;ve been very clear. We&#8217;re seeing overall query growth in search,&#8221; he said.
During his testimony, Cue also revealed that Apple is actively <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45259675/apple-alphabet-shares-tumble-amid-potential-ai-search-shift">considering integrating</a> an AI-driven search engine into Safari, evaluating potential partnerships with OpenAI, Anthropic and Perplexity AI.
Meanwhile, Google <a href="https://www.benzinga.com/markets/25/05/45537306/google-unveils-total-reimagining-of-search-with-chatbot-style-feature-to-compete-with-openai">introduced a new &#8220;AI mode&#8221;</a> in its Search and Chrome browser during its developer conference. Now available to all U.S. users, the feature offers a conversational, Q&amp;A-style interface similar to ChatGPT, replacing the traditional list of search result links.
Price Action: Alphabet Inc.&#8217;s Class A shares dipped 0.32% in after-hours trading, with Class C shares also down 0.32%, based on <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
According to Benzinga Edge Stock Rankings, Alphabet holds a growth score of 88.54%. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to compare it with other companies</a> like Apple.
<figure class="wp-block-image aligncenter size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/30220506/Screenshot-2025-05-31-at-7.33.05%E2%80%AFAM.png" alt="" class="wp-image-933903" /></a></figure>
Check out more of Benzinga&#8217;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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</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: JHVEPhoto / Shutterstock.com

Google's Monopoly Case Takes A Turn As Judge Considers Lighter Remedies Amid Rising Competition From AI Rivals Like OpenAI And Perplexity

<ul>
<li>Anthropic's annualized revenue jumps from $1B to $3B in five months</li>
<li>Growth shows rising business demand for AI</li>
<li>Code generation a major driver for Anthropic's business</li>
</ul>
SAN FRANCISCO, May 30 (Reuters) - Artificial intelligence developer Anthropic is making about $3 billion in annualized revenue, according to two sources familiar with the matter, in an early validation of generative AI use in the business world.
The milestone, which projects the company's current sales over the course of a year, is a significant jump from December 2024 when the metric was nearly $1 billion, the sources said. The figure crossed $2 billion around the end of March, and at May's end it hit $3 billion, one of the sources said.
While consumers have embraced rival OpenAI's ChatGPT, a number of enterprises have limited their rollouts to experimentation, despite board-level interest in AI. Anthropic's revenue surge, largely from selling AI models as a service to other companies, is a data point showing how business demand is growing, one of the sources said.
A key driver is code generation. The San Francisco-based startup, backed by Google parent Alphabet <a href="https://workspace.refinitiv.com/web/apps/quotewebapi?RIC=GOOGL.O">GOOGL.O</a> and Amazon.com <a href="https://workspace.refinitiv.com/web/apps/quotewebapi?RIC=AMZN.O">AMZN.O</a>, is famous for AI that excels at computer programming. Products in the so-called codegen space have experienced major growth and adoption in recent months, often drawing on Anthropic's models.
This demand is setting Anthropic apart among software-as-a-service vendors. Its single-quarter revenue increases would count Anthropic as the fastest-growing SaaS company that at least one venture capitalist has ever seen.
"We've looked at the IPOs of over 200 public software companies, and this growth rate has never happened," said Meritech General Partner Alex Clayton, who is not an Anthropic investor and has no inside knowledge of its sales.
He cautioned that these comparisons are not fully precise, since Anthropic also has consumer revenue via subscriptions to its Claude chatbot. Still, by contrast, publicly traded SaaS company Snowflake took six quarters to go from $1 billion to $2 billion in such run-rate revenue, Clayton said.
Anthropic competitor OpenAI has projected it will end 2025 with more than $12 billion in total revenue, up from $3.7 billion last year, three people familiar with the matter said. This total revenue is different from an estimated annualized figure like Anthropic's. Reuters could not determine this metric for OpenAI.
The two rivals appear to be establishing their own swim lanes. While both offer enterprise and consumer products, OpenAI is shaping up to be a consumer-oriented company, and the majority of its revenue comes from subscriptions to its ChatGPT chatbot, OpenAI Chief Financial Officer Sarah Friar told Bloomberg late last year.
OpenAI has not reported enterprise-specific revenue but said in May that paying seats for its ChatGPT enterprise product have grown to 3 million, from 2 million in February, and that T-Mobile <a href="https://workspace.refinitiv.com/web/apps/quotewebapi?RIC=TMUS.O">TMUS.O</a> and Morgan Stanley <a href="https://workspace.refinitiv.com/web/apps/quotewebapi?RIC=MS.N">MS.N</a> are among its enterprise customers.
In the consumer race, Anthropic's Claude has seen less adoption than OpenAI. Claude's traffic, a proxy for consumer interest, was about 2% of ChatGPT's in April, according to Web analytics firm Similarweb.
Anthropic, founded in 2021 by a team that departed OpenAI over differences in vision, closed a $3.5 billion fundraise earlier this year. That valued the company at $61.4 billion. OpenAI is currently valued <a href="reuters://REALTIME/verb=NewsStory/ric=nL3N3QE1DK">at $300 billion</a>.
&nbsp;

'Anthropic Is Making $3B In Annualized Revenue; Anthropic's Revenue Metric Was $1B In December 2024, Sources Say' - Reuters Exclusive

The U.S. Congress is reviewing a provision in the &#8216;Big, Beautiful Bill&#8217; that would grant President Donald Trump the authority to impose retaliatory taxes on countries targeting major U.S. tech companies with digital service taxes.
What Happened:&nbsp;The provision would allow Trump to impose taxes on foreign companies and residents doing business in the U.S., reported&nbsp;Reuters&nbsp;on Friday. This provision, Section 899, could potentially generate&nbsp;$116 billion over the next&nbsp;10 years.
&#8220;If&nbsp;foreign countries want to come&nbsp;in the United States and&nbsp;tax U.S. businesses, then those&nbsp;foreign-based businesses ought to be&nbsp;taxed as well,&#8221; said Representative&nbsp;Ron Estes,&nbsp;a Kansas Republican who was instrumental in drafting the provision.
The bill, narrowly approved by the <a href="https://www.benzinga.com/25/05/45582778/trumps-big-beautiful-bill-passes-house-what-it-means-for-taxes-student-loans-medicaid-and-more">House of Representatives on May 22</a>, is now moving to the Senate. It features several of Trump's core priorities, including stricter immigration measures, an extension of the 2017 tax cuts, and the rollback of certain green energy incentives. Despite this, experts caution that such retaliatory taxes could discourage foreign investment in the U.S.
SEE ALSO:&nbsp;<a href="https://benzinga.com/25/05/45685544/scott-bessent-says-us-china-trade-talks-at-stalemate-need-trump-and-xi-jinping-touch-to-break-the-deadlock" target="_blank" rel="noreferrer noopener">Scott Bessent Says US-China Trade Talks At Stalemate, Need Trump And Xi Jinping Touch To Break The Deadlock</a>
Why It Matters: The provision in the tax bill comes in the wake of several countries, including Britain and Italy, announcing or considering digital service taxes on U.S. tech giants. The levies have been drawn bipartisan criticism. Germany is <a href="https://www.benzinga.com/25/05/45689009/germany-considers-10-digital-tax-on-tech-titans-alphabet-and-meta-report">contemplating </a>a 10% tax on major online platforms, including Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) and Meta (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>). This move could further escalate trade tensions with the U.S.
Earlier in May, the Trump administration had&nbsp;<a href="https://www.benzinga.com/25/05/45466937/us-targets-european-digital-rules-in-free-speech-campaign-defending-american-big-tech">criticized </a>Europe&#8217;s digital regulations, arguing that they posed a risk to free speech and American commercial interests. The U.S. State Department had initiated an effort to identify European government attempts to restrict free speech, focusing on the EU&#8217;s legislation that sets standards for tech giants to regulate online content.
These developments indicate a growing rift between the U.S. and its European allies over digital taxation and regulation, with the proposed provision in the tax bill potentially escalating these tensions.
READ MORE:
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</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Joey Sussman / Shutterstock.com

Politics

Trump's 'Big, Beautiful Bill' Could Allow Him To Hit Back With Retaliatory Taxes On Countries Targeting US Tech Giants

In a move that could escalate trade tensions with the U.S., Germany is reportedly contemplating imposing a 10% tax on major online platforms, including&nbsp;Alphabet Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) and&nbsp;Meta Platforms Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>).
What Happened: Wolfram Weimer, the new German Minister of State for Culture, disclosed this proposal in an interview with Stern magazine. This revelation comes before Chancellor Friedrich Merz&#8216;s anticipated visit to Washington, although no official confirmation has been provided yet, reported Reuters.
President Donald Trump has previously expressed his disapproval of foreign governments taxing American companies, pledging not to let them &#8220;appropriate America&#8217;s&nbsp;tax base for their own&nbsp;benefit.&#8221;
Weimer accused big online platforms like Alphabet Inc. and Meta Platforms Inc. of &#8220;cunning tax evasion.&#8221; He suggested that these companies, which generate billions in profits in Germany, contribute minimally to the country&#8217;s tax base and society.
Weimer also criticized the monopolistic tendencies of these digital platforms, arguing that they pose a threat to freedom of expression.
SEE ALSO:&nbsp;<a href="https://benzinga.com/tech/25/05/45685893/trump-says-he-is-having-elon-musk-over-at-the-white-house-tomorrow-for-a-press-conference-as-billionaire-exi" target="_blank" rel="noreferrer noopener">Trump Says He Is Having Elon Musk Over At The White House Tomorrow For A Press Conference As Billionaire Exits Government: &#8216;This Will Be His Last Day, But Not Really&#8230;&#8217;</a>
Why It Matters:&nbsp;This proposal comes amid growing international scrutiny of tech giants. The Trump administration has been <a href="https://www.benzinga.com/25/05/45466937/us-targets-european-digital-rules-in-free-speech-campaign-defending-american-big-tech">critical </a>of Europe&#8217;s digital regulations, asserting that they pose a risk to free speech and American commercial interests.
Furthermore, in April, European Commission President Ursula von der Leyen warned that the EU is preparing retaliatory measures that could include levies on digital advertising revenues from U.S. tech companies like Meta and Alphabet Inc. This was followed by Meta CEO Mark Zuckerberg urging President Trump to respond aggressively to these threats.
If the German government proceeds with this tax, it would join Britain, Italy, France, Spain, Turkey, India, Austria, and Canada, which have imposed similar taxes on digital service providers.
The shares of Alphabet fell 0.24% to close at $172.96 on Thursday, meanwhile Meta rose 0.23% to $645.05.
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</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: JHVEPhoto / Shutterstock.com

Global

Markets

Germany Considers 10% Digital Tax On Tech Giants Alphabet, Meta: Report

Meta Platforms, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) <a target="_blank" href="https://www.benzinga.com/topic/meta" rel="noreferrer noopener">artificial intelligence assistant</a> now has one billion monthly active users, CEO Mark Zuckerberg said Wednesday at the company's annual shareholder meeting.
Zuckerberg emphasized focus on making Meta AI the leading personal AI, emphasizing personalization, voice conversations, and entertainment, CNBC <a target="_blank" href="https://www.cnbc.com/2025/05/28/zuckerberg-meta-ai-one-billion-monthly-users.html" rel="noreferrer noopener">reported</a> on Wednesday.
In April, Meta launched a&nbsp;<a target="_blank" href="https://www.benzinga.com/tech/25/04/45075691/meta-launches-ai-app-to-compete-with-chatgpt-gemini-grok" rel="noreferrer noopener">stand-alone AI app</a> to compete with the likes of&nbsp;OpenAI's ChatGPT, Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google's Gemini, and xAI's Grok.
Also Read: <a target="_blank" href="https://www.benzinga.com/tech/25/05/45561843/meta-offers-ai-startups-free-tools-funding-to-boost-llama-model-adoption" rel="noreferrer noopener">Meta Offers AI Startups Free Tools, Funding To Boost Llama Model Adoption</a>
Meta aimed to keep growing the product before building a business around it, Zuckerberg said Wednesday. Zuckerberg highlighted opportunities to either insert paid recommendations or offer <a target="_blank" href="https://www.benzinga.com/media/25/03/44191670/meta-ai-assistant-may-get-paid-subscriptions-ads-llama-4-upgrade-in-the-works" rel="noreferrer noopener">a subscription service</a>.
Meta had reportedly <a target="_blank" href="https://www.benzinga.com/25/05/45637357/meta-restructures-ai-division-to-accelerate-product-development-and-gain-competitive-edge-report" rel="noreferrer noopener">split its AI division</a> into an AI products team, led by&nbsp;Connor Hayes,&nbsp;and an AGI Foundations unit,&nbsp;co-headed by&nbsp;Ahmad Al-Dahle and&nbsp;Amir Frenkel.
The AI Products team will concentrate on Meta's AI assistant, AI Studio, and AI functionalities across Facebook, Instagram, and WhatsApp. Meanwhile, the AGI Foundations unit will be responsible for a range of technologies, including the company's Llama models and initiatives to advance reasoning, multimedia, and voice capabilities.
Meta projected that its <a target="_blank" href="https://www.benzinga.com/markets/25/05/45160454/mark-zuckerbergs-meta-targets-1-4-trillion-revenue-from-generative-ai-by-2035-court-filing-reveals" rel="noreferrer noopener">generative AI products</a> could potentially generate revenue of $460 billion to $1.4 trillion by 2035.
<h2 class="wp-block-heading">Meta Stock Prediction For 2025</h2>
Equity research can be a valuable source of information for learning about a company's fundamentals. Analysts create financial models based on the fundamentals and expected future earnings of a company to arrive at a price target and recommendation for the stock.
Shares of Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) have an average 1-year price target of $686.27, representing an expected upside of 6.55%.
Because of differences in assumptions, analysts can arrive at very different price targets and recommendations. No analysts have bearish recommendations on Meta Platforms, while 43 analysts have bullish ratings. The street high price target from Rosenblatt is $918.0, while the street low from Scotiabank is $525.0.
Price Action: META stock is up 0.05% at $643.79 at last check Thursday.
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</ul>
Photo Courtesy Poetra.RH via Shutterstock

Meta Hits 1 Billion Monthly AI Users, Eyes Future With Subscriptions

Billionaire Elon Musk is a self-proclaimed man of many hats, <a href="https://www.benzinga.com/general/education/24/06/39547388/happy-birthday-elon-musk-53-facts-and-figures-about-tesla-spacex-ceo-on-his-53rd-birthday">leading several companies</a> with titles like chairman, CEO and founder.
A recent Benzinga reader survey revealed which of the companies Musk leads would be the favorite for investors if they had access to all his companies, both public and private.
What Happened: Musk is best known as the CEO of Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), an<a href="https://www.benzinga.com/news/earnings/25/04/44937440/tesla-q1-misses-estimates-as-tariff-pressures-weigh-on-outlook-lower-cost-evs-still-on-track"> electric vehicle giant </a>that is one of the most valuable companies in the world, worth $1.17 trillion.
The world's richest man also has roles at SpaceX, The Boring Company, Neuralink, X and xAI. Two of those companies, X and xAI, recently merged in a deal that valued the combined social media and AI business at $113 billion.
SpaceX is one of the most valuable private companies ever <a href="https://www.benzinga.com/24/12/42453807/spacex-hits-350-billion-valuation-in-insider-share-sale-ceo-elon-musk-says-no-investors-wanted-to-sell-shares">with a valuation</a> of $350 billion as of December 2024. Neuralink <a href="https://www.benzinga.com/general/health-care/25/05/45634160/elon-musks-neuralink-hits-9-billion-valuation-with-new-funding">was recently valued </a>at $9 billion and The Boring Company was last valued at $5.6 billion in 2022.
Add it up, and the companies that Musk is associated with are worth more than $1.6 trillion.
Fans of Musk would likely love to invest in his other ventures outside of Tesla, but they remain private. Musk has no plans to take any of the other companies public, but recently suggested that the Starlink division could be spun off of SpaceX and go public.
Musk <a href="https://wccftech.com/elon-musk-breaks-silence-on-spacex-making-weaponized-drones-a-starlink-ipo/">said </a>it was "possible that Starlink may go public at some point in the future." The billionaire said there was "no rush to go public," likely disappointing a lot of fans ready to invest their money in another one of his ventures.
Benzinga recently polled readers to see which Musk company they would invest in, given the opportunity between all of the ventures.
"If all of the Musk-related companies were currently public at recent valuation, which would you most want to invest in?" Benzinga asked.
The results were:
<ul class="wp-block-list">
<li>Starlink: 27%</li>
<li>SpaceX (with minority ownership of Starlink): 27%</li>
<li>X and xAI: 19%</li>
<li>Tesla: 16%</li>
<li>Neuralink: 8%</li>
<li>The Boring Company: 4%</li>
</ul>
The poll results show that there is strong interest from investors to have access to SpaceX and Starlink. The combination of X and xAI ranked third with 19%. Musk suggested that the company could go public again in the future at the time of his $44 billion buyout of X, which was then known as Twitter, back in 2022.
While Neuralink and The Boring Company ranked fifth and sixth, the overall results show that Tesla is far from the most popular investment option. Only 16% picked Tesla as their top Musk investment, meaning 84% of those polled picked another company.
Are you buying when the CEOs of the Magnificent 7 are selling?
<ul class="wp-block-list">
<li>Stay in the know with our Insider Trades page — <a href="https://www.benzinga.com/sec/insider-trades/">see when leaders like Mark Zuckerberg, Elon Musk, and Jensen Huang are offloading their own shares.</a></li>
</ul>
Why It's Important: Musk has suggested an IPO of Starlink <a href="https://www.benzinga.com/news/24/06/39519229/elon-musk-dismisses-rumors-of-spacex-ipo-as-it-reportedly-seeks-210b-valuation-pressure-for-short-te">over the years,</a> with milestones like profitability among the factors that could determine a public listing.
Spinning off the unit from SpaceX would see the space company still maintain partial ownership and open the door for additional capital and investment opportunities.
Musk has previously stated that Tesla investors could get priority access to any future IPOs like that of Starlink.
The combination of X and xAI, with the social media unit recently gaining in value and seeing increased engagement and advertisers returning, could be a compelling investment with access to the growth of new media like X and the artificial intelligence sector.
Right now investors have limited ways to get exposure to the other Musk companies. The Ark Venture Fund counts SpaceX as<a href="https://www.benzinga.com/news/financing/25/05/45297876/after-spacex-cathie-wood-bets-big-on-elon-musks-xai"> its top holding</a> at 14.6% of assets and X/xAI ranks third at 6.3% of assets.
The Destiny Tech 100 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DXYZ#NYSE">DXYZ</a>) closed-end fund often spikes on positive news for SpaceX and the space sector with SpaceX the largest weighting in the fund. The fund often trades above its net asset value with investors paying a premium to get access to SpaceX.
Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) was <a href="https://www.benzinga.com/general/space/25/04/45000102/google-parent-alphabet-got-8-billion-unrealized-profit-boost-reportedly-from-investment-in-elon-musks-spacex">an early investor</a> in SpaceX and maintains a stake in the company, which could increase in value over time.
The ERShares Private-Public Crossover ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XOVR#NASDAQ">XOVR</a>) also offers <a href="https://entrepreneurshares.com/ershares-etfs/entr-etf/#fund-top-10-holdings">exposure </a>to SpaceX, which is the top holding, with 9.5% of assets devoted to it.
Read Next: 
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</ul>
The study was conducted by Benzinga from May 23, 2025, through May 27, 2025. It included the responses of a diverse population of adults 18 or older. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from 161 adults.
Photo: Shutterstock

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BetterInvesting™ Magazine Update on Facebook (NASDAQ: META) and Alphabet Inc. (NASDAQ: GOOG)

New Advances in Healthcare AI Could Unlock Billions in Market Opportunity

ADL and JLens Urge Shareholders of Alphabet Inc. to Vote AGAINST Anti-Israel Shareholder Proposal

Global AI In Cybersecurity Market Expected to Reach $219 Billion By 2034 as Frequency of Cyber Threats Increase

New Healthcare AI Models Could Reshape Everything From Burnout to Diagnostics

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Autohome Inc. American Depositary Shares, each representing four class A ordinary shares.

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Vatom Is Part Of The Revolution Redefining The Future Of Immersive Technology

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Betting On The Future: How Sportradar Merges Sports, AI And Fan Engagement

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Rezolve Ai&#39;s Recent Deals With Microsoft, Google Could Jumpstart Its Revenues In $7.6 Billion Market

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HIVE Digital (Nasdaq: HIVE) Makes AI Push With $30 Million Nvidia (Nasdaq: NVDA) Chip Investment

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Fintech news covering the emerging Financial Technology services sector

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QRL To Join Visa, IBM, Amazon Web Services And Other Cybersecurity Leaders At PKI Consortium&#39;s Post-Quantum Cryptography Conference 2025

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Amazon, Google And Microsoft Bet Big On Nuclear: AI&#39;s Growing Energy Demands Fuel New Projects

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Quantum Resistant Ledger (QRL) Strikes Key Industry Partnerships, Fortifying Its Position As Quantum Computing Era Nears

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NVDQ

ETF Opportunities Trust T-Rex 2X Long NVIDIA Daily Target ETF

Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
10:47 AMMay 13, 2025	PUT	$160.00	Nov 21, 2025	170	450	450	266	169	TRADE	BULLISH
11:05 AMMay 06, 2025	PUT	$165.00	Jan 16, 2026	226	2323	1294	18	12886	SWEEP	BULLISH
11:04 AMMay 06, 2025	PUT	$165.00	Jan 16, 2026	226	1028	924	8	12886	SWEEP	BULLISH

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