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GitLab

GitLab Inc operates on an all-remote model. GitLab, a complete DevSecOps platform delivered as a single application. It operates in two competitive landscapes: DevOps point solutions and DevOps platforms. In terms of point solutions that are stitched together, GitLab's offering is substantially different in that it is one platform, one codebase, one interface, and a unified data model that spans the entire DevSecOps lifecycle. DevOps platforms, the principal competitor is Microsoft Corporation following their acquisition of GitHub. GitLab is offered on both self-managed and software-as-a-service (SaaS) models. It is located in the United States, Europe, and Asia Pacific. It focused on accelerating innovation and broadening the distribution of its platform to companies across the world.

GitLab Inc

President Donald Trump delivered a wide-ranging congressional address that touched on critical economic issues, with particular emphasis on electric vehicles, energy production, and government efficiency.
On electric vehicles, Trump took a direct stance: &#8220;We ended the last administration&#8217;s insane electric vehicle mandate, saving our autoworkers and companies from economic destruction.&#8221; This declaration signals a significant shift in automotive policy, promising relief to the auto industry.
The centerpiece of his efficiency drive is the new Department of Government Efficiency, led by Elon Musk. Trump personally highlighted Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Musk&#8217;s role, stating, &#8220;He&#8217;s working very hard. He didn&#8217;t need this.&#8221; The department aims to combat what Trump described as massive government waste, with the president claiming they&#8217;ve &#8220;found hundreds of billions of dollars of fraud&#8221; and are working to eliminate inefficiencies.
Addressing inflation, Trump specifically called out food prices, noting the impact on everyday Americans: &#8220;[Former President] Joe Biden let the price of eggs get out of control and he&#8217;s now fighting to bring prices back down.&#8221; He linked this to his broader economic strategy of reducing government spending and waste.
Energy policy took center stage with Trump&#8217;s emphatic &#8220;drill baby drill&#8221; approach. He declared, &#8220;We have more liquid gold under our feet than any nation on earth&#8230; I fully authorize the most talented team ever assembled to go and get it.&#8221; This includes plans for a &#8220;gigantic natural gas pipeline in Alaska&#8221; and expanding critical mineral production.
See Also: <a href="https://www.benzinga.com/personal-finance/25/03/44068159/nba-legend-shaq-says-his-net-worth-quadrupled-once-he-took-note-from-jeff-bezos-and-started-investing-in-things-that-change-peoples-lives" target="_blank" rel="noreferrer noopener">NBA Legend Shaq Says His Net Worth ‘Quadrupled' Once He Took Note From Jeff Bezos And Started Investing In Things That ‘Change People's Lives'</a>
On taxation, Trump proposed sweeping cuts and exemptions: &#8220;I&#8217;m calling for no tax on tips, no tax on overtime and no tax on social security benefits.&#8221; He also aims to make car loan interest tax-deductible for American-made vehicles, promising to &#8220;absolutely boom&#8221; the auto industry.
Trump highlighted major corporate investments, including, Oracle Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Taiwan Semiconductor Manufacturing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), and SoftBank Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>).
On trade, Trump announced reciprocal tariffs beginning Apr. 2, declaring, &#8220;Whatever they charge us, we will charge them back.&#8221; He promised this would bring &#8220;trillions and trillions of dollars&#8221; and create unprecedented job opportunities.
Interest rates and the federal budget were also key themes. Trump pledged &#8220;a beautiful drop&#8221; in interest rates and committed to balancing the federal budget, something &#8220;not been done in 24 years.&#8221; He introduced a &#8220;Gold Card&#8221; immigration program designed to generate revenue and reduce national debt.
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<li><a href="https://www.benzinga.com/personal-finance/25/03/44065932/mark-cuban-was-asked-how-hed-invest-100k-his-answer-buy-bulk-toothpaste-and-soup-for-the-best-guaranteed-return-on-investment" target="_blank" rel="noreferrer noopener">Mark Cuban Was Asked How He'd Invest $100K — His Answer? Buy Bulk Toothpaste And Soup For The ‘Best Guaranteed Return On Investment'</a></li>
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Image Via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

News

Markets

AAPL

ORCL

SFTBF

TSLA

Trump's Congressional Address: Taps Elon Musk For Government Overhaul, Revives 'Drill Baby Drill' For Energy Boom

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) has reportedly launched a legal <a href="https://www.benzinga.com/news/global/25/02/43554574/apple-faces-mounting-pressure-from-uk-government-to-grant-spying-access-to-encrypted-data-of-users-worldwide">battle against the U.K.</a> government, challenging a directive that would force the company to create a "backdoor" into its encrypted iCloud storage, a move that has <a href="https://in.benzinga.com/media/25/03/44069785/trump-blasts-uks-apple-encryption-order-warns-against-grave-privacy-violations-thats-something-you-hear-about-with-china">drawn criticism from</a> President Donald Trump.
What Happened: The iPhone maker filed a complaint with the U.K.'s Investigatory Powers Tribunal, an independent body that reviews government surveillance actions, <a href="https://www.ft.com/content/3d8fe709-f17a-44a6-97ae-f1bbe6d0dccd">reported</a> the Financial Times, citing people familiar with the matter.
The challenge targets a technical capability notice (TCN) issued under the 2016 Investigatory Powers Act, which requires Apple to weaken encryption in its Advanced Data Protection (ADP) feature for iCloud.
Apple did not immediately&nbsp;respond to <a href="https://pro.benzinga.com/dashboard">Benzinga's</a> request for comments.
See Also: <a href="https://www.benzinga.com/25/03/44069535/anthropic-ceo-dario-amodei-pushes-for-stronger-us-ai-safeguards-saying-autocracies-like-china-and-russia-could-use-ai-to-expand-their-power" target="_blank" rel="noreferrer noopener">Jeff Bezos-Backed Anthropic Pushes For Stronger US AI Safeguards, Saying Autocracies Like China, Russia Could Use AI To Expand Their Power: ‘Some Very Dark Possibilities'</a>
Why It Matters: <a href="https://www.benzinga.com/markets/equities/25/02/43901425/apple-bows-out-of-uks-cloud-encryption-amid-governments-backdoor-demands">Apple withdrew its most secure</a> cloud backup service from the U.K. last month. Despite this, U.K. officials maintain that Apple has not fully met their demands, which could allow authorities access to data stored outside Britain.
Trump and U.S. intelligence chief Tulsi Gabbard have <a href="https://in.benzinga.com/markets/equities/25/02/43996531/tulsi-gabbard-slams-uks-apple-encryption-demand-as-egregious-violation-of-americans-privacy-warns-of-cyber-threats">strongly opposed</a> the U.K.'s move, warning that it could violate privacy rights and jeopardize transatlantic data agreements.
Trump likened the demand to China&#8217;s surveillance practices, while Gabbard called it an "egregious violation" of privacy.
Price Action: Apple&#8217;s stock ended Tuesday at $235.93, slipping 0.88%. However, it rose 0.72% in after-hours trading. Year to date, AAPL has declined 3.25%, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Image via Shutterstock
Check out more of Benzinga&#8217;s Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech">following this link</a>.
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<li><a href="https://www.benzinga.com/news/25/02/44055314/mrbeast-lost-millions-on-amazons-beast-games-now-hes-looking-to-raise-hundreds-of-millions-to-take-h" target="_blank" rel="noreferrer noopener">MrBeast Lost Millions On Amazon's ‘Beast Games'—Now He's Looking To Raise Hundreds Of Millions To Take His Brand To The Next Level</a></li>
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Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Tech

Media

Apple Challenges UK's 'Backdoor' Order In Landmark Legal Case After Trump Compares Directive To China-Style Surveillance: Report

El Salvador President&nbsp;Nayib Bukele reiterated his commitment to Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) on Tuesday despite pressure from the International Monetary Fund to limit exposure to the apex cryptocurrency.
What Happened: Bukele took to X to express his unwavering support for Bitcoin, saying "This all stops in April.&nbsp;This all stops in June.&nbsp;This all stops in December.&nbsp;No, it's not stopping.&#8221; 
&#8220;If it didn't stop when the world ostracized us and most &#8216;Bitcoiners&#8217; abandoned us, it won't stop now, and it won't stop in the future,&#8221; Bukele stated, likely referring to the criticism the country faced when it made Bitcoin legal tender in 2021.
The president mocked those opposing its Bitcoin policy, saying &#8220;Proof of work &gt; proof of whining,&#8221; and attached statistics of its treasury assets, which showed an accumulation of 46 BTC, worth $3.97 million, in the previous month.
<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">"This all stops in April." "This all stops in June." "This all stops in December." No, it's not stopping. If it didn't stop when the world ostracized us and most "bitcoiners" abandoned us, it won't stop now, and it won't stop in the future. Proof of work &gt; proof of whining <a href="https://t.co/9pC0PoY3YQ">https://t.co/9pC0PoY3YQ</a>
&mdash; Nayib Bukele (@nayibbukele) <a href="https://twitter.com/nayibbukele/status/1897019629702410551?ref_src=twsrc%5Etfw">March 4, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44101649/whale-leveraged-50x-short-sees-81-million-in-paper-gains-as-ethereum-plummets-after-trumps-tariff-confirmation">Whale Leveraged 50x Short Sees $81 Million In Paper Gains As Ethereum Plummets After Trump&#8217;s Tariff Confirmation</a>
Why It Matters: Bukele&#8217;s remarks come in the wake of the IMF&#8217;s request to El Salvador to halt public sector Bitcoin purchases as part of a $1.4 billion funding deal. The global institution added a specific requirement, restricting the public sector from voluntarily accumulating BTC through purchase and mining.
&#8220;Over the course of the program, the authorities have committed not to accumulate Bitcoins, and not to issue nor guarantee any type of Bitcoin-indexed or denominated public debt or tokenized instruments implying a liability for the government,&#8221; the report read.
In January, El Salvador&#8217;s Congress passed a legislative amendment <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43336076/el-salvador-changes-bitcoin-law-but-legal-tender-status-remains">to make the acceptance of Bitcoin voluntary</a> rather than mandatory. This was part of efforts to meet conditions set by the IMF. 
El Salvador has been at the forefront of Bitcoin adoption, with the country making the cryptocurrency legal tender in 2021. Since then, it has <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41084132/nayib-bukeles-el-salvador-is-mainstreaming-bitcoin-by-putting-the-price-where-everyone-can" target="_blank" rel="noreferrer noopener">pursued an ambitious strategy</a>&nbsp;to integrate the digital asset into the various aspects of its citizens&#8217; lives.
The Central American nation&#8217;s Bitcoin stockpile has risen to 6,101.18 BTC as of this writing, worth over $531.59 million at prevailing prices.
Price Action: At the time of writing, Bitcoin was exchanging hands at $87,647.49, up 5.24% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.
Image via Shutterstock
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Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

El Salvador's Nayib Bukele Defiant Amid IMF's Bitcoin Accumulation Concerns: 'It Won't Stop Now, And It Won't Stop In The Future'

Nathan, a 25-year-old caller from Virginia, reached out to "The Ramsey Show" after receiving a $200,000 inheritance from his late father. With limited experience managing money, particularly in large sums such as this, he asked <a href="https://www.benzinga.com/personal-finance/25/02/43768530/should-married-couples-split-expenses-dave-ramsey-says-no-youre-married-not-roommates">Dave Ramsey</a>:&nbsp;
"Should I invest this money into a business? Save this money? What should I do if I want to become a millionaire by the time I'm in my 30s?"
Here's what Ramsey said.&nbsp;
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<h2 class="wp-block-heading">"It Takes Money to Make Money" Is a Myth</h2>
At the beginning of the call, Nathan acknowledged the old adage it takes money to make money, thinking that this new inheritance would give him the opportunity to make a lot of money quickly.&nbsp;
"‘It takes money to make money' is not a true statement," Ramsey said. "That&#8217;s a statement that broke people say as an excuse to not become broke people."
Ramey pointed out that while money can be an investment tool, it's not the only way to build wealth. He said most people who accumulate wealth don't do so because they start with a large sum—they build it through smart habits, hard work, and persistence.
Trending: The average 401(k) balance soars to a record-breaking high – <a href="https://www.benzinga.com/money/average-401k-balances-soars-to-record-high">Here's how to know if your nest egg is keeping pace.</a>
For Nathan, who earns $35,000 a year, Ramsey explained that his wealth won't come from an <a href="https://www.benzinga.com/personal-finance/25/02/43901721/if-you-do-what-im-talking-about-dave-ramsey-reacts-to-a-caller-who-wants-to-hide-inheritance-from-her-husband-of-50-years">inheritance</a> alone. It will come from developing financial discipline and making informed decisions. Nathan&#8217;s wealth-building journey should focus on creating healthy habits with his money, not relying on windfalls.
<h2 class="wp-block-heading">Slow Down and Play It Safe</h2>
Ramsey's next piece of advice to Nathan was to slow down. Jumping into risky investments without understanding them could lead to loss. He urged Nathan to treat the inheritance as if it were someone else's money, focusing on not losing it first, and then figuring out how to grow it slowly.
Instead of rushing to make quick decisions, Ramsey advised Nathan to take a patient, careful approach. While excitement and urgency can tempt people into <a href="https://www.benzinga.com/news/25/01/42805180/dont-invest-in-rap-restaurant-and-liquor-companies-says-mark-cuban-heres-his-advice-to-nba-players-and-other-millionaire-athletes">risky ventures</a>, Ramsey emphasized that wealth is built over time through discipline and steady progress—not wild gambles.
See Also: <a href="https://www.benzinga.com/money/suze-orman-retirement-bucket">&#8216;Which Bucket Do I Draw From First?&#8217; Suze Orman Explains To 67-Year-Old The Best Order For Tapping Into Her Retirement Accounts</a>
<h2 class="wp-block-heading">Avoid the Pressure of Risky Investments</h2>
Ramsey also warned Nathan against making hasty investments in unfamiliar or complex opportunities. "Don&#8217;t put money in something you don&#8217;t understand," he said.&nbsp;&nbsp;
It's common for people to lose inherited money because they're lured by "exciting" ventures that they don't fully understand. Ramsey advised Nathan to invest in things he understands and is comfortable with, avoiding high-risk options that others might pitch to him without clear knowledge of what they're actually doing.
<h2 class="wp-block-heading">Long-Term Growth with Simple Investments</h2>
Instead of seeking out flashy opportunities, Ramsey recommended Nathan focus on simple, long-term investments, like <a href="https://www.benzinga.com/personal-finance/24/11/42172292/caller-asks-dave-ramsey-are-you-smarter-than-warren-buffett-as-he-claims-index-funds-outperform-actively-managed-funds-by-50">growth stock mutual funds</a>. These funds have historically provided steady returns, and Ramsey suggested that if Nathan invests his inheritance and leaves it untouched, it could double roughly every seven years.
While Nathan's dream of becoming a millionaire by 30 is ambitious, Ramsey's advice showed that slow and steady wins the race. By thinking long term and keeping his investments simple, Nathan could see significant growth over time without the need for risky bets.
Read Next:
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<li>Many are using retirement income calculators to check if they&#8217;re on pace —<a href="https://www.benzinga.com/money/how-do-i-calculate-my-retirement-income-adv"> here&#8217;s a breakdown on what&#8217;s behind this formula.</a></li>
<li>‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. <a href="https://www.benzinga.com/money/mode-mobile-2">You can invest today for just $0.26/share with a $1000 minimum.</a></li>
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Personal Finance

'It Takes Money To Make Money Is An Excuse Broke People Make' Dave Ramsey's Response To Caller Seeking Advice About $200K Inheritance

Cathie Wood is back in the spotlight, and so is her flagship ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>). After a rough year, the fund is showing <a href="https://portfolioslab.com/symbol/ARKK">signs of life</a>—but is this the start of a real comeback, or just another short-lived rally? <a href="https://www.benzinga.com/startups/25/02/43466203/warren-buffetts-127-billion-stock-sell-off-sends-wall-street-a-stark-warning-for-2025-below-average-returns-ahead">Investors</a> are split, and the numbers tell an interesting story.
<h2 class="wp-block-heading">ARKK's Rebound, Skeptics, and the High-Stakes Bet on Innovation</h2>
So far this year, ARKK is up 6%—a solid lead over the S&amp;P 500's 2% gain and the Nasdaq's 1% increase. That's a welcome shift after 2024, when ARKK returned 12%—not bad, but nowhere near the S&amp;P 500's 24% surge.
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Looking at the bigger picture, ARKK's longer-term numbers tell a more complicated story. Over the past three years, its annualized return is -5.89%, and its five-year return barely hits 1.03%. By comparison, the S&amp;P 500 has delivered 13.14% and 14.27% over the same periods.&nbsp;
That's why some investors are still wary—last year, ARKK saw nearly $3 billion in outflows, as<a href="https://finance.yahoo.com/news/cathie-wood-sells-19-million-215254938.html"> Yahoo Finance</a> reports.
Michael Burry, best known for predicting the 2008 financial crisis, has been one of ARKK's loudest critics. He argues that many of its holdings burn through cash at unsustainable rates, and at one point, he even shorted the fund. Burry sees ARKK as too dependent on speculative growth stocks with shaky profitability.
Trending: <a href="https://www.benzinga.com/money/qnetic-2">This 12,000 RPM Spinning Battery With Over $100 Million In LOIs Could Be The Missing Link For Green Energy — Here&#8217;s Why Early Investors Are Flocking To Invest Before Funding Closes</a>
Morningstar analyst&nbsp; Robby Greengold has also been skeptical of ARK Invest. Greengold downgraded the ARK Innovation ETF to a negative rating, citing concerns over risk management and portfolio concentration.
He believes the firm lacks structured risk management and relies too much on aggressive forecasting. The strategist <a href="https://www.channelchek.com/news-channel/morningstar_analyst_peeks_behind_aark_curtain_and_calls_fund_wretched">outlines his concerns</a>, pointing out that while Wood's strategy is bold, it also lacks a benchmarking strategy.
But Wood isn't backing down. She believes that regulatory rollbacks and technological advancements will fuel long-term innovation, and she's sticking to her guns. On Feb. 20, ARK Invest <a href="https://www.investing.com/news/company-news/cathie-woods-ark-buys-beam-therapeutics-sells-adaptive-biotech-stock-93CH-3882383">bought another 170,778 shares</a> of Beam Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BEAM#NASDAQ">BEAM</a>), a move that reinforces her faith in genomics and precision medicine.<a href="https://www.investing.com/news/company-news/cathie-woods-ark-buys-beam-therapeutics-sells-adaptive-biotech-stock-93CH-3882383?utm_source=chatgpt.com">&nbsp;</a>
See Also: Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/mode-mobile-2">with $1,000 you can invest at just $0.26/share!</a>
ARK now holds nearly 7.7 million shares of Beam, making up 8.54% of the company's outstanding stock. That investment places Beam as ARK's 20th largest position, per<a href="https://www.marketbeat.com/instant-alerts/ark-investment-management-llc-has-17529-million-stake-in-beam-therapeutics-inc-nasdaqbeam-2025-02-26/"> MarketBeat</a>. Not everyone is convinced. Short-sellers warn that biotech companies like Beam face steep financial challenges.&nbsp;
Jim Chanos, known for spotting overvalued stocks, believes ARK often gets caught up in hype without clear paths to profitability. While ARK supports disruptive innovation, Chanos said many of these companies are valued based on hype rather than fundamentals, making them risky long-term bets.
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<li>If there was a new fund backed by Jeff Bezos offering a <a href="https://www.benzinga.com/money/arrived-private-credit-fund">7-9% target yield with monthly dividends would you invest in it</a>?</li>
<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!</a></li>
</ul>

Short Sellers

ARKK

BEAM

Cathie Wood's Bold Move: 8 Straight Days Of Buying Beam Therapeutics As Stock Soars 14%

Major tech firms, including Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), ByteDance-owned TikTok, and Snap Inc.'s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) Snapchat, are urging Australia to reconsider the exemption of YouTube, an online video sharing platform owned by 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, from its <a href="https://www.benzinga.com/24/11/42237670/meta-tiktok-snapchat-could-face-32m-fines-as-australia-enforces-social-media-ban-for-under-16s-while-exempting-youtube">ban on social media access</a> for users under 16.
What Happened: Meta, which owns Facebook and Instagram, criticized the decision, stating that YouTube uses the same algorithm-driven content recommendations and social features as other platforms, exposing young users to similar risks, reported Reuters.
TikTok called the exemption "illogical, anticompetitive, and short-sighted," urging the Australian government to enforce a consistent policy across all social media companies.
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Snapchat argued that no company should receive preferential treatment and that all platforms must be held to the same regulatory standards.
Why It Matters: Australia passed one of the <a href="https://www.benzinga.com/news/24/09/40784803/after-feud-with-elon-musk-and-mark-zuckerberg-australian-pm-anthony-albanese-set-to-ban-social-media">world's strictest social media regulations</a> in November 2024, requiring platforms to bar users under 16 or face fines of up to A$49.5 million ($31 million).
However, YouTube has been granted an exemption because it is considered a key educational tool and allows supervised access through family accounts.
YouTube has previously stated in public online announcements that it is intensifying its moderation efforts and expanding its criteria for identifying harmful content through its automated detection system.
Check out more of Benzinga&#8217;s Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Photo by Sky Motion on Shutterstock
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Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

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Meta, TikTok, And Snapchat Push Back Against YouTube's Exemption From Australia's Social Media Ban For Children

Leading cryptocurrencies eked out narrow gains Tuesday even as stocks shuddered over tariff war fears.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:45 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>+0.72%</td>
<td>$86,615.63</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+1.51%</td>
<td>$2,159.44</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-0.36%</td>
<td>$0.1976</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin nearly touched $89,000 in the early evening before losing some of its gains overnight.
Ethereum was choppy throughout the day, shuttling between an intraday low of $1,996 and a high of $2,220.&nbsp;
Bitcoin maintained a dominance of over 60%, while Ethereum's market shared dipped below 10%.&nbsp;
About $770 million from the cryptocurrency market in the last 24 hours, with $522 million in upside bets erased.
Bitcoin's Open Interest fell 3.82% in the last 24 hours, while the number of futures traders going long on the apex cryptocurrency rose above 50%.
The Crypto Fear and Greed Index remained in the "Extreme Fear" zone, signaling a state of uncertainty in the market.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:45 p.m. ET)</td>
</tr>
<tr>
<td>Aave (AAVE)</td>
<td>+14.57%</td>
<td>$206</td>
</tr>
<tr>
<td>Cardano (ADA)</td>
<td>+12.12%</td>
<td>$0.9317</td>
</tr>
<tr>
<td>DeXe (DEXE)</td>
<td>+5.06%</td>
<td>$18.96</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $2.86 trillion, rising 1.30 in the last 24 hours.
Stocks sank for the second straight day. The Dow Jones Industrial Average fell 670.25 points, or 1.55%, to close at 42,520.99. The S&amp;P 500 tumbled 1.22%,&nbsp; ending at 5,778.15, while the tech-heavy Nasdaq Composite slid 0.35% to close at 18,285.16.
The decline comes amid fears of a full-blown trade war as <a href="https://www.benzinga.com/25/03/44131125/tariff-update">Trump threatened increased tariffs after Canada imposed retaliatory tariffs on U.S. imports</a>.
China has also taken retaliatory action, while Mexico has vowed to respond with tariff and non-tariff measures.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Ki Young Ju, founder of on-chain analytics firm CryptoQuant, opined that the Bitcoin market will remain sluggish until sentiment in the U.S. improves.
"There's no significant on-chain activity, and key indicators are neutral, suggesting the bull cycle is still intact," Young Ju said. "If the cycle ends here, it's an outcome no one wanted—not old whales, mining companies, TradFi, or even Trump."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> market will likely remain slow until sentiment in the U.S. improves. There's no significant on-chain activity, and key indicators are neutral, suggesting the bull cycle is still intact. Fundamentals remain strong, with more mining rigs coming online. If the cycle ends… <a href="https://t.co/fSWl26d0gx">https://t.co/fSWl26d0gx</a> <a href="https://t.co/byWdweZhSQ">pic.twitter.com/byWdweZhSQ</a>
&mdash; Ki Young Ju (@ki_young_ju) <a href="https://twitter.com/ki_young_ju/status/1896844873971712164?ref_src=twsrc%5Etfw">March 4, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Popular cryptocurrency analyst, Ali Martinez, noted that Bitcoin has historically rebounded when the trader loss margin has reached -12%.
"Right now, it&#8217;s sitting at -15.4%, signaling a potential reversal," Martinez remarked.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> has historically rebounded when the trader loss margin reaches -12%. Right now, it&#39;s sitting at -15.4%, signaling a potential reversal! <a href="https://t.co/tzbNxY1LIp">pic.twitter.com/tzbNxY1LIp</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1897060487298527698?ref_src=twsrc%5Etfw">March 4, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo by Avi Rozen on Shutterstock
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44125213/white-house-crypto-summit-to-feature-roundtable-with-industry-leaders-including-michael-saylor">White House Crypto Summit To Feature Roundtable With Industry Leaders Including Michael Saylor</a></li>
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$DOGE

$ETH

Bitcoin, Ethereum Gain, Dogecoin Flat As Trump Threatens More Tariffs After Retaliatory Action: Analyst Says 'Bull Cycle Still Intact' But Sentiment Won't Improve Until...

French aerospace and defense company Thales (OTC:<a class="ticker" href="https://www.benzinga.com/stock/THLLY#OTC">THLLY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/THLEF#OTC">THLEF</a>) has raised concerns about governments relying too heavily on <a href="https://www.benzinga.com/general/space/25/03/44064222/starlink-launches-80-monthly-plan-as-it-targets-wider-customer-base">private satellite networks</a> like Elon Musk's Starlink, warning of potential security risks and instability.
What Happened: Speaking at a results briefing on Tuesday, Thales CEO Patrice Caine cautioned that Starlink&#8217;s business model, which requires frequent satellite replacements, raises questions about its long-term sustainability, reported Reuters.
Without naming SpaceX's Starlink directly, he pointed to the risks of governments depending on external providers for critical communications.
See Also: <a href="https://in.benzinga.com/general/space/25/03/44082374/could-musks-starlink-secure-an-faa-deal-under-trumps-presidency">Could Musk&#8217;s SpaceX Secure An FAA Deal For Starlink Under Trump&#8217;s Presidency?</a>
"Government actors need reliability, visibility, and stability," Caine said, adding that a service provider influenced by both economic and political motivations may not inspire confidence.
European nations, including France and Germany, prefer to maintain greater control over <a href="https://in.benzinga.com/general/space/25/02/43906438/elon-musks-starlink-braces-for-global-satellite-war-as-chinas-spacesail-and-jeff-bezos-kuiper-expand">their satellite infrastructure</a>, backing systems like the Iris2 constellation for secure communications, he said.
&#8220;When you operate government communications you don&#8217;t necessarily want to be dependent on an external person, whoever that is. That is why&#8230;the vast majority of government infrastructure in Europe is owned or has been purchased.&#8221;
Starlink did not immediately respond to <a href="https://pro.benzinga.com/dashboard">Benzinga&#8217;s</a> request for comments.
Why It Matters: Thales' concerns come as SpaceX rapidly expands Starlink's global reach, boasting over 7,000 satellites and millions of users worldwide.
The company has deployed its satellites faster than competitors like Europe's OneWeb, leveraging reusable Falcon 9 rockets.
The concerns raised by Thales come at a time when <a href="https://in.benzinga.com/news/25/03/44128805/trump-administration-plans-to-dish-out-more-money-to-elon-musks-starlink-for-rural-broadband">Starlink is poised to receive increased federal funding</a> from the U.S. government. The Commerce Department is considering changes to allow Starlink to access more funds for rural broadband expansion, potentially increasing its influence.
Image via Shutterstock.com
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Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

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Elon Musk's Starlink Too Risky? Thales Cautions Governments Against Dependence On Private Satellite Constellations

Amazon.com, Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) Prime is today one of the most successful loyalty programs in retail history, but when it first launched, Jeff Bezos and his team faced major concerns about whether the service would work—or even bankrupt the company.
What Happened: In a 2018 interview with David Rubenstein, Bezos reflected on how Amazon Prime started as an idea from a junior software engineer.
Rather than a traditional loyalty program, the initial concept was for an "all-you-can-eat buffet" of fast, free shipping. However, when Amazon's finance team ran the numbers, the outlook was grim.
See Also: <a href="https://www.benzinga.com/tech/25/03/44069535/jeff-bezos-backed-anthropic-pushes-for-stronger-us-ai-safeguards-saying-autocracies-like-china-russia-could-use-ai-to-expand-their-power-some-very-dark-possbilities">Jeff Bezos-Backed Anthropic Pushes For Stronger US AI Safeguards, Saying Autocracies Like China, Russia Could Use AI To Expand Their Power: &#8216;Some Very Dark Possibilities&#8217;</a>
"The results were horrifying," Bezos admitted. "Shipping is expensive, and we were offering unlimited free shipping." The biggest fear? That the heaviest users—the ones who ordered the most—would flock to the service first, making it an unsustainable financial burden.
Despite the risks, Bezos saw potential. "All good decisions require some level of instinct and risk-taking," he said, underscoring how trial and error were central to Amazon's growth.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: Launched in 2005 for $79 per year, the service provided unlimited two-day shipping, redefining consumer expectations and making Amazon the dominant force in e-commerce.
Though risky at first, Bezos's instincts paid off—Prime members <a href="https://www.vox.com/recode/2019/5/3/18511544/amazon-prime-oral-history-jeff-bezos-one-day-shipping">spend</a> more and shop more frequently than non-members, helping Amazon surpass a $2 trillion valuation while competitors like eBay stagnated ($31.06 billion).
Since its launch in the U.S., Amazon Prime has grown to serve over 20 countries, amassing a global membership exceeding 200 million, according <a href="https://www.statista.com/topics/4076/amazon-prime/?__sso_cookie_checker=failed#:~:text=Since%20Amazon%20Prime%20was%20first,a%20monthly%20or%20annual%20fee.">to</a> Statista.
Last month, Amazon.com reported <a href="https://in.benzinga.com/25/02/43545590/amazoncom-q4-earnings-highlights-revenue-beat-eps-beat-most-successful-holiday-shopping-season-in-company-history">fourth-quarter net sales</a> of $187.8 billion, marking a 10% increase year-over-year. The figure surpassed Wall Street&#8217;s consensus estimate of $187.3 billion.
Year-to-date Amazon stock has declined by 7.46%, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>.
Image via Shutterstock
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

AMZN

Jeff Bezos Said 'Results Were Horrifying' After Amazon Prime's Free Shipping Introduction But He Went Ahead With It Because Good Decisions Require 'Instinct And Risk-Taking'

Most people <a href="https://www.benzinga.com/personal-finance/25/01/43190697/mark-cubans-black-amex-card-got-declined-buying-a-140000-bottle-of-champagne-to-celebrate-teams-nba-win-can-i-please-spend-some-money">celebrate a big payday</a> with a fancy purchase. A luxury car. A designer watch. Maybe even a yacht. Not Mark Cuban.
At 32, after selling his first startup, MicroSolutions, for $6 million, Cuban marked the moment by doing the exact opposite—he threw away his watch. He didn't want to be tied to anyone else's schedule ever again. "I didn't wear a watch for 30 years because I didn't want to be on anybody else's time," Cuban said in a December <a href="https://youtu.be/rBxSEVz4dAY?si=_ePP7myQqHXEYZSy">interview with People</a>.
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For Cuban, time isn't just money—it's control. After years of working for other people, answering to schedules that weren't his own, he vowed that when he had the financial freedom, he wouldn't let anyone dictate his time. Even now, as a billionaire entrepreneur, former NBA team owner, and Shark Tank investor, he sticks to that rule.
And if you're hoping to catch Cuban on a phone call or in a meeting, good luck. "Am I going to meetings? No. Am I taking phone calls? No. Am I going to some office somewhere? No," Cuban said in the interview. "I can get everything done by sitting on a laptop or a phone anywhere in the world."
Instead, Cuban runs his empire through email. "People pretty much kiss my a&#x2A;&#x2A; when it comes to business," he admitted. "I can tell them I'm doing everything via email. Period. End of story."
Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> you can become an investor for $0.80 per share today.</a>
It's a strategy that might seem unconventional, but it's clearly working. Cuban, who later co-founded Broadcast.com which Yahoo bought for $5.7 billion in 1999, built his fortune by <a href="https://www.benzinga.com/personal-finance/25/02/44047870/mark-cuban-said-no-to-uber-at-a-10m-valuation-it-opened-at-82b-and-he-missed-an-819900-windfall-i-mean-ive-done-ok-but-still">staying ahead of trends</a> and cutting out inefficiencies. His email-only approach eliminates wasted time, allowing him to focus on what actually moves the needle.
Mark Cuban has never followed the traditional playbook. He bought the Dallas Mavericks for $285 million in 2000, led them to their first NBA championship in 2011, and sold a 69% stake in 2023 in a <a href="https://www.benzinga.com/startups/24/08/40463542/mark-cuban-sold-his-nba-team-because-the-next-wave-of-revenue-generation-is-around-real-estate-and-a">deal valuing the team at around $4 billion</a>.
For those willing to take risks, he suggests allocating up to 10% of savings into high-risk ventures, but only if they're comfortable <a href="https://www.benzinga.com/personal-finance/25/02/43468964/mark-cuban-says-if-you-want-to-get-rich-throw-a-hail-mary-and-invest-10-of-savings-in-bitcoin-but-you-must-pretend-you-already-lost-it">considering that money already lost</a>.&nbsp;&nbsp;
But his success wasn't just luck or good timing. He lived cheaply, <a href="https://www.benzinga.com/personal-finance/24/08/40442345/mark-cuban-says-he-drove-cars-that-cost-200-with-holes-in-the-floorboard-and-lived-off-mac-and-c">drove a $200 car</a>, and avoided credit cards like the plague. He didn't just want to be rich—he wanted complete control over his time and choices. And that, more than anything, is what wealth means to him.
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Mark Cuban Ditched His Watch For 30 Years To Stay On His Own Time After Getting Rich — And He's Not Taking Calls Or Attending Meetings Either

U.S. <a href="https://in.benzinga.com/25/03/44118620/whats-driving-markets-tuesday">stocks slid </a>on Tuesday as President Donald Trump&#8217;s tariffs on major trade partners took effect, intensifying global trade tensions. The Dow Jones Industrial Average dropped 1.55% to 42,520.99, while the S&amp;P 500 declined 1.22% to 5,778.15. The Nasdaq Composite dipped 0.35% to 18,285.16, nearing correction territory. Despite the broader market slump, certain stocks still drew interest from retail traders and investors throughout the day.
These are the top stocks that gained the attention of retail traders and investors through the day:
Strategy Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mstr#NASDAQ">MSTR</a>)
Stategy stock rose by 9.66% to close at $275.15. The stock&#8217;s intraday high was $293.04, with a low of $237.01. The 52-week high stands at $542.99, while the 52-week low is $101. The company recently announced that it has retained its Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) holdings and <a href="https://www.benzinga.com/markets/25/03/44101532/mstr-retains-bitcoin-declares-preferred-dividend-as-michael-saylor-predicts-200-trillion-market-cap-for-bitcoin">declared a quarterly cash dividend</a> on its preferred stock. 
CrowdStrike Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>)
CrowdStrike shares increased by 1.94% to close at $390.16. The stock&#8217;s intraday high was $396.16, with a low of $370.58. The 52-week high is $455.44, while the 52-week low is $200.81. The company reported a <a href="https://in.benzinga.com/news/earnings/25/03/44127302/crowdstrike-q4-earnings-revenue-beat-eps-beat-strong-momentum-shares-slide-on-soft-guidance">revenue beat and EPS beat</a> in its fourth-quarter earnings, showcasing strong momentum. Fourth-quarter revenue came in at $1.058 billion, which beat the consensus estimate of $1.032 billion.
Best Buy Co., Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>)
Best Buy stock fell by nearly 13.30% to close at $75.20. The stock&#8217;s intraday high was $80.13, with a low of $72.92. The 52-week high is $103.71, while the 52-week low is $69.29. The company&#8217;s CEO Corie Barry warned of <a href="https://www.benzinga.com/25/03/44115834/best-buy-ceo-says-price-hikes-highly-likely-as-tariffs-take-effect">likely price hikes</a> as tariffs take effect. Barry said that China and Mexico were Best Buy&#8217;s two top sources.
Credo Technology Group Holding Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRDO#NASDAQ">CRDO</a>)
Credo Technology stock rose by 7.74% to close at $54.32. The stock&#8217;s intraday high was $55.87, with a low of $48.40. The 52-week high is $86.69, while the 52-week low is $16.82. The company reported <a href="https://in.benzinga.com/news/earnings/25/03/44127539/credo-technology-stock-rallies-after-better-than-expected-q3-report-details">better-than-expected</a> third-quarter results, causing the stock to rally. Earnings per share came in at 25 cents beating the consensus estimate of 18 cents.
Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
TSLA stock fell by 4.43% to close at $272.04. The stock&#8217;s intraday high was $284.35, with a low of $261.84. The 52-week high is $488.54, while the 52-week low is $138.80. The company&#8217;s China-made EV sales dropped in February, causing the stock to move lower. Tesla sold 30,688 China-made EVs in February, a 49.2% drop from the previous year, according to the China Passenger Car Association.
Image via Shutterstock
Prepare for the day&#8217;s trading <a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a> by Benzinga.
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

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Michael Saylor's Strategy Inc Along With CrowdStrike, Best Buy, Credo Technology, And Tesla: Why Are These 5 Stocks On Investors' Radars Today

Canadian Prime Minister Justin Trudeau announced on Tuesday that Canada would impose retaliatory tariffs on U.S. imports, after President Donald Trump placed 25% <a href="https://www.benzinga.com/news/large-cap/25/03/44121022/trumps-25-tariffs-on-auto-imports-are-worth-the-short-term-pain-says-ohio-gop-senator">levies on Canadian imports.</a>
The Details: Trudeau said the measures include a 25% tariff on CA$30 billion worth of U.S. goods, effective immediately, with an additional CA$125 billion in U.S. products facing the same 25% tariff in three weeks.
Read More: <a href="https://www.benzinga.com/news/earnings/25/03/44110273/trump-tariffs-will-raise-prices-within-days-target-ceo-says">Trump Tariffs Will Raise Prices &#8216;Within Days,&#8217; Target CEO Says</a>
Trump responded with a post from his Truth Social account that warned of increased tariffs equal to Canada's retaliatory measures.&nbsp;
"Please explain to Governor Trudeau, of Canada, that when he puts on a Retaliatory Tariff on the U.S., our Reciprocal Tariff will immediately increase by a like amount!" Trump wrote. 
Trump's 25% tariffs on Mexico and Canada and an additional 10% on goods from China unfolded into a trade war with China and Canada both pledging retaliatory tariffs. Mexican President Claudia Sheinbaum stated that Mexico would respond with tariffs to be announced on Sunday.
The Dow Jones has shed more than 1300 points in the last two days as events have unfolded. The Nasdaq Composite ended Tuesday's session down by 0.4%, despite a rebound in big tech stocks like NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and the S&amp;P 500 has erased all of its post-election gains.&nbsp;
Late Tuesday afternoon, Commerce Secretary Howard Lutnick said there could be an announcement from the Trump administration regarding some relief for goods from Mexico and Canada covered under the North American Free Trade Agreement.&nbsp;
"Both the Mexicans and the Canadians were on the phone with me all day today trying to show that they'll do better, and the president's listening, because you know he's very, very fair and very reasonable," Lutnick said in an interview with Fox Business.&nbsp;
"So I think he's going to work something out with them — it's not going to be a pause, none of that pause stuff, but I think he's going to figure out: you do more and I'll meet you in the middle some way and we're going to probably announcing that tomorrow, " Lutnick said.&nbsp;
What Else: President Trump is set<a href="https://www.benzinga.com/media/25/03/44102399/heres-how-to-watch-donald-trumps-address-to-congress-time-date-and-what-to-expect"> to address</a> Congress in the House chamber at 9 pm. ET Tuesday where he is expected to outline his administration&#8217;s key priorities, possibly touching on economic plans including tariffs and foreign relations. 
Read Next:<a href="https://www.benzinga.com/general/social-media/25/03/44098232/markets-tank-after-trump-confirms-more-tariffs-heres-what-wall-street-is-saying">&nbsp;</a>
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<li><a href="https://www.benzinga.com/general/social-media/25/03/44098232/markets-tank-after-trump-confirms-more-tariffs-heres-what-wall-street-is-saying">Markets Tank After Trump Confirms More Tariffs: Here&#8217;s What Wall Street Is Saying</a></li>
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Image: Shutterstock

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Global

NVDA

Trump Threatens More Tariffs After Canada Retaliates, Commerce Secretary Lutnick Says Relief Could Be Announced Wednesday

If making your first million dollars feels like an uphill battle, you're not imagining it. According to entrepreneur and investor Kevin O'Leary, that first big financial milestone is the hardest to reach. But once you get there? Surprisingly, the next few million come much faster.
"It's almost impossible to make your first million dollars. You work your a off. It's so hard," O'Leary said in a 2023 <a href="https://youtube.com/shorts/gOM0bh8vXnU?si=kpnH2bTOzPHHFaIY">YouTube video</a>. "What it really takes is having the discipline to not buy sh&#x2A;t you don't need."
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<li>Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> you can become an investor for $0.80 per share today.</a></li>
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O'Leary—who built his fortune after selling his software company for $4.2 billion—knows a <a href="https://www.benzinga.com/personal-finance/25/01/42935505/kevin-olearys-worst-shark-tank-investment-ever-cost-him-500000-because-he-ignored-the-red-flags-the-lesson-is-listen-to-your-gut">thing or two about wealth-building</a>. And he's blunt about the biggest roadblock to hitting that first million: people spend too much money on things that don't matter.
He constantly preaches the <a href="https://www.benzinga.com/personal-finance/25/02/43946260/kevin-oleary-says-people-waste-15k-a-year-on-stupid-stuff-like-buying-lunch-at-work-it-costs-you-99-cents-to-make-a-sandwich">dangers of unnecessary spending</a>, whether it's a $5.50 coffee or a $15 work lunch when you could bring a sandwich from home for less than a buck. To O'Leary, financial success isn't just about making money—it's about keeping it.
<h2 class="wp-block-heading">Why Getting to $5 Million Is Easier Than Hitting $1 Million</h2>
After finally crossing that million-dollar mark, O'Leary set his next goal at $5 million. At first, he thought it would be just as brutal. But to his surprise, it wasn't.
"It's gonna be impossible," he recalled thinking. "But it wasn't as hard to get to $5 million as it was to get to $1 million."
Trending: Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/mode-mobile-2">with $1,000 you can invest at just $0.26/share!</a>
The reason? Money makes money. Once you've got a solid amount saved and invested, you're no longer relying just on your job or business. Compound interest, smart investing, and higher-return opportunities start working in your favor.
O'Leary isn't the only wealthy investor to say this. Charlie Munger, Warren Buffett's longtime business partner, famously said the <a href="https://www.benzinga.com/personal-finance/25/02/43759618/charlie-munger-said-the-hardest-part-of-getting-rich-is-the-first-100000-but-from-there-it-snowballs-and-you-can-ease-off-the-gas">first $100,000 was the hardest</a> to reach. After that, investments start snowballing.
<h2 class="wp-block-heading">How Fast Can You Really Get to $5 Million?</h2>
<ul>
<li>Invest $1 million at an 8% return, and you'll earn $80,000 per year—without lifting a finger.</li>
<li>At $2 million, that return jumps to $160,000 per year.</li>
<li>At $5 million, it's $400,000 annually.</li>
</ul>
That's why the first million is the hardest. You're earning from a job or business, making every dollar saved feel like a grind. But once you cross that threshold, your money starts doing the work for you.
See Also: <a href="https://www.benzinga.com/money/if-you-invested-in-nvidia-in-2022">Here&#8217;s how much you should have invested in Nvidia in 2022 to become a millionaire today</a>.
<h2 class="wp-block-heading">But Is It Really That Fast?</h2>
O'Leary makes it sound easy, but the timeline depends on how much you invest along the way:
<ul>
<li>No extra contributions = $1 million grows to $5 million in about 21 years.</li>
<li>Adding $10,000 per year shaves it down to 20 years.</li>
<li>Investing $25,000 per year speeds it up to 18 years.</li>
</ul>
Yes, money makes money—but this isn't an overnight success story. If you want to reach $5 million faster, you need to do more than let the market do the work.
<h2 class="wp-block-heading">So, Is $5 Million Easier Than the First Million?</h2>
O'Leary says yes—but only if you're making smart financial moves. If you sit back and rely solely on market growth, you might be waiting two decades to see that kind of wealth.
If you're <a href="https://www.benzinga.com/money/are-you-rich">serious about building wealth</a>, the takeaway is clear: your first million is the hardest, but after that, momentum takes over—if you play it right.
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<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!</a></li>
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Kevin O'Leary Says Making $1 Million Is 'Almost Impossible'—But Getting To $5 Million Is Surprisingly Easier

Sen. Cory Booker (D-N.J.) confessed to spearheading a social media campaign targeting President Donald Trump. The campaign, which involved 22 Senate Democrats, was a response to a challenge thrown by billionaire tech entrepreneur Elon Musk.
What Happened: Musk, the CEO of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), had proposed to gift a Cybertruck to anyone who could authenticate the authorship of the campaign script, which he labeled as &#8220;propaganda&#8221;. The campaign comprised of nearly minute-long videos posted by the senators on their social media platforms, lambasting Trump&#8217;s &#8220;broken promises&#8221; on cost reduction for Americans.
<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">Clearly you are triggered by the truth. It was me. Keep your truck. <a href="https://t.co/Ub99KTjfFa">https://t.co/Ub99KTjfFa</a>
&mdash; Cory Booker (@CoryBooker) <a href="https://twitter.com/CoryBooker/status/1896994976103588095?ref_src=twsrc%5Etfw">March 4, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Booker, the head of the Senate Democratic Leadership Team, retorted to Musk&#8217;s challenge, asserting, &#8220;Clearly you are triggered by the truth. It was me. Keep your truck.&#8221; 
The videos underscored the escalating prices during Trump&#8217;s presidency and his early term actions, including pardoning Jan. 6 insurrection rioters and permitting Musk to &#8220;take a chainsaw to vital government programs for Americans,&#8221; <a href="https://thehill.com/homenews/senate/5175975-booker-tells-musk-hes-behind-social-media-campaign-keep-your-cybertruck/">reported</a> The Hill.
The campaign was met with criticism from conservative voices, including Rep. Nancy Mace (R-S.C.) and ex-GOP aide Scott Jennings, who advocated for more authenticity in politicians.
See Also: <a href="https://www.benzinga.com/markets/cannabis/25/03/44128902/melania-trumps-guest-list-for-presidents-congressional-address-underscores-vast-social-differences-from-biden-era">Melania Trump&#8217;s Guest List For President&#8217;s Congressional Address Underscores Vast Social Differences From Biden Era</a>
Why It Matters: Musk&#8217;s <a href="https://www.benzinga.com/25/02/43995014/elon-musks-influence-over-the-government-set-to-increase-trump-orders-all-federal-agencies-to-appoint-a-doge-commissar">political involvement</a> has been growing, as evidenced by his role in assisting Trump with the Department of Government Efficiency. However, this political association has seemingly impacted Tesla&#8217;s sales.
Tesla&#8217;s sales in California <a href="https://in.benzinga.com/trading-ideas/25/02/43447273/tesla-sales-drop-12-in-california-is-elon-musks-support-for-donald-trump-hurting-ev-sales">dropped by 12% in 2024</a>, raising questions about whether Musk&#8217;s political support for Trump was hurting the brand.
By March, Tesla&#8217;s sales <a href="https://in.benzinga.com/news/global/25/03/44128646/tesla-sales-drop-in-europe-in-february-some-countries-down-over-40-is-musks-political-push-hurting-ev-company">continued to plummet in Europe</a>, with some countries experiencing over a 40% drop. The decline in sales was attributed to Musk&#8217;s increasing political involvement and calls for boycotts of the brand.
Since 2025 began, Tesla stock has fallen by almost 30%, with an over 30% fall registered in the last month alone. Even so, the stock is up over 40% over 12 months.
Price Action: Tesla shares dropped 4.4% to $272.04 during Tuesday&#8217;s regular session but rebounded nearly 2.4% in after-hours trading, according to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">data from Benzinga Pro.</a>
Check out more of Benzinga&#8217;s Future Of Mobility coverage by <a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Image via Shutterstock
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

General

Elon Musk Offered A Cybertruck Bounty To Unmask Trump Social Media Critic: Cory Booker Responds 'It Was Me. Keep Your Truck'

S&amp;P Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPGI#NYSE">SPGI</a>) has outperformed the market over the past 10 years by 6.77% on an annualized basis producing an average annual return of 17.67%. Currently, S&amp;P Global has a market capitalization of $159.07 billion. 
Buying $100 In SPGI: If an investor had bought $100 of SPGI stock 10 years ago, it would be worth $499.48 today based on a price of $516.81 for SPGI at the time of writing.
<h3>S&amp;P Global's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1741131029_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

SPGI

Here's How Much $100 Invested In S&P Global 10 Years Ago Would Be Worth Today

Rachel Cruze, daughter of financial expert <a href="https://www.benzinga.com/personal-finance/25/02/43970634/to-be-unemployed-in-america-today-is-crazy-dave-ramsey-says-theres-always-a-way-to-make-more-money">Dave Ramsey</a>, is well-known for her approach to teaching financial literacy. Raised in a home where money wasn't a taboo subject but part of everyday conversation, she learned early on how to manage her finances—and now, as a parent herself, she's passing those lessons on to her own kids.
In a <a href="https://www.youtube.com/watch?v=JaK4CUODqYw">recent interview</a> on the &#8220;Who Ya Know Show&#8221; by ClearPath Wealth Strategies, Cruze shared insights into her upbringing and how her parents, particularly her father, subtly but effectively taught her the foundational principles of financial responsibility.
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<h2 class="wp-block-heading">Growing Up with Practical Financial Lessons</h2>
In the interview, <a href="https://www.benzinga.com/personal-finance/24/11/42024498/it-sounds-like-a-relationship-issue-ramsey-show-hosts-on-fathers-100k-paycut-and-3000-mile-move">Cruze</a> was asked what it was like growing up with Ramsey and all the lessons she learned. She laughed and said she gets that question a lot.&nbsp;
"I think people have this idea in their head that if you&#8217;re Dave Ramsey&#8217;s daughter that we talked about mutual funds all the time and had like budget camps in the summer," she said. "Thankfully that was not the case."
Cruze said her parents took a more natural approach to money, weaving it into daily life. &#8220;You just talk about life, and money is part of life,&#8221; she explained. <a href="https://www.benzinga.com/personal-finance/25/02/43962953/she-didnt-know-until-her-credit-score-tanked-dave-ramsey-caller-says-son-in-law-lost-everything-day-trading-and-maxed-his-wifes-card">Money management</a> wasn't taught as a separate class or activity; instead, it was a part of regular family conversations. Her parents made sure that financial wisdom was learned organically, through the way they lived and managed their own money.
Trending: <a href="https://www.benzinga.com/money/startengine-own">The $1.3 Billion Startup Investment Boom: How This Company's Explosive Growth Is Opening Doors For Everyday Investors With A New $500 Minimum</a>
<h2 class="wp-block-heading">Earning Money Through Work, Not Allowance</h2>
Cruze gave an example of these natural finance lessons in the family's chore system. Instead of being given an allowance, she and her siblings were given a commission. If they did their jobs, they got paid; if they didn't, they didn't. This approach helped her understand the value of earning money early on.
Once she had the money, her parents introduced &#8220;give, save, and spend&#8221; jars, where Cruze and her siblings had to actively manage their money, dividing it into three categories: money to donate, money to save, and money to spend. &#8220;They didn&#8217;t even dictate how much to put in each, they let us do it,&#8221; Cruze recalled.
<h2 class="wp-block-heading">Handling Money Like an Adult</h2>
As Cruze grew older, her financial education became even more hands-on. At a young age, her parents set her up with a checking account. While many of her friends received money from their parents without much explanation, Cruze was responsible for managing her own account. She learned how to write checks, balance a checkbook, and reconcile her account—skills that many young people don't get until later in life.
&#8220;I had to manage that as a teenager,&#8221; she said.&nbsp;
See Also: Many are using retirement income calculators to check if they&#8217;re on pace —<a href="https://www.benzinga.com/money/how-do-i-calculate-my-retirement-income-adv"> here&#8217;s a breakdown on what&#8217;s behind this formula.</a>
<h2 class="wp-block-heading">The Emotional Side of Money</h2>
Beyond the technical side of money, Cruze's parents placed a strong emphasis on the <a href="https://www.benzinga.com/personal-finance/24/10/41662332/financial-stress-why-women-and-gen-xers-are-feeling-the-pinch-more-than-others">emotional side of finances</a>. They taught her about the importance of contentment, generosity, and not letting money define her happiness or self-worth.
This mindset encouraged Cruze to avoid the trap of materialism. Rather than seeing money as something to hoard or use to show off, her parents focused on how to use money in a way that added value to life—by giving back, being responsible, and living a life of gratitude.
Cruze&#8217;s upbringing shows that financial education doesn&#8217;t have to be formal—it&#8217;s about making money a natural part of life. By blending practical skills with emotional values, her parents set the stage for a well-rounded approach to managing money.
Read Next:
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<li>Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/1milsaved"> The percentage may shock you</a>.</li>
<li>If there was a new fund backed by Jeff Bezos offering a <a href="https://www.benzinga.com/money/arrived-private-credit-fund">7-9% target yield with monthly dividends would you invest in it</a>?</li>
</ul>

'You Just Talk About Life, And Money Is Part Of Life' Rachel Cruze Talks On Teaching Finances To Kids Based On How Dave Ramsey Raised Her

Williams Trading analyst Sam Poser maintains On Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONON#NYSE">ONON</a>) with a Buy and raises the price target from $60 to $62.

Price Target

Analyst Ratings

ONON

Williams Trading Maintains Buy on On Holding, Raises Price Target to $62

UBS analyst Jon Windham maintains Sunrun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) with a Buy and lowers the price target from $17 to $15.

UBS Maintains Buy on Sunrun, Lowers Price Target to $15

Citigroup analyst Ariel Rosa maintains Old Dominion Freight Line (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODFL#NASDAQ">ODFL</a>) with a Neutral and lowers the price target from $205 to $186.

ODFL

Citigroup Maintains Neutral on Old Dominion Freight Line, Lowers Price Target to $186

Citigroup analyst Ariel Rosa maintains Saia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIA#NASDAQ">SAIA</a>) with a Buy and lowers the price target from $544 to $498.

SAIA

Citigroup Maintains Buy on Saia, Lowers Price Target to $498

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GitLab Reports Third Quarter Fiscal Year 2025 Financial Results

GitLab Chief Financial Officer Brian Robins to Present at the 27th Annual Needham Growth Conference

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Investigation Alert: Nano Nuclear Energy, New Fortress Energy, Domino's Pizza and GitLab Inc - Johnson Fistel, LLP Encourages Long-Term Investors to Reach Out for More Information

Kuehn Law Encourages Investors of Gitlab Inc. to Contact Law Firm

GitLab To Announce Fourth Quarter and Full Fiscal 2025 Financial Results

GitLab Chief Executive Officer Bill Staples and GitLab Chief Financial Officer Brian Robins to Present at the Morgan Stanley Technology, Media & Telecom Conference

GitLab Chief Financial Officer Brian Robins to Present at the 2025 Cantor Fitzgerald Global Technology Conference

GitLab Reports Fourth Quarter and Full Fiscal Year 2025 Financial Results

GITLAB INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of GitLab Inc. - GTLB

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