Iron Horse Acquisitions 株価情報 (NASDAQ: IROH)

最新ニュース Iron Horse Acquisitions (NASDAQ:IROH) 株価情報

Iron Horse Acquisitions Corp is a blank check company.

Iron Horse Acquisitions Corp. - Common Stock

Iron Horse Acquisitions Corp

Iron Horse Acquisitions Corp. - one right to one-fifth (1/5) of one share of common stock

Goldman Sachs Group Inc. expects the Federal Reserve to deliver three quarter-point interest rate cuts this year, revising its outlook upward amid muted tariff effects and labor market weakness, the Wall Street brokerage said on Monday.
What Happened: The investment bank now projects three consecutive 25-basis-point cuts in September, October and December, abandoning its earlier forecast of a single reduction in December, Reuters reported. The revised projection reflects growing concerns about economic momentum despite ongoing tariff implementation.
Federal Reserve Chair Jerome Powell has cited tariff pressures as a key inflation driver, with the central bank&#8217;s median core inflation forecast <a href="https://www.benzinga.com/markets/economic-data/25/06/46011863/jerome-powell-blames-trump-tariffs-for-inflation-analyst-claps-back-says-fed-is-overplaying-the-card">rising from 2.5% in December to 3.1% currently</a>. &#8220;That&#8217;s due to the effects of the tariffs,&#8221; Powell said during last week&#8217;s press conference.
Amazon.com Inc. CEO Andy Jassy said on Monday that the retail giant &#8220;hasn&#8217;t seen prices appreciately go up&#8221; despite widespread tariff implementation. Fundstrat Global Advisors&#8216; Tom Lee called Amazon a critical inflation indicator, noting the company&#8217;s <a href="https://www.benzinga.com/markets/economic-data/25/07/46188202/tom-lee-calls-amazon-an-early-signal-as-andy-jassy-says-no-price-hike-despite-trump-tariffs-absence-of-inflation-is-a-positive-sign">massive import volume positions</a> it to &#8220;see inflation early.&#8221;
See Also: <a href="https://www.benzinga.com/markets/macro-economic-events/25/07/46188192/trump-administration-reportedly-scales-back-ambitions-for-comprehensive-trade-deals-before-tariff-deadline">Trump Administration Reportedly Scales Back Ambitions For Comprehensive Trade Deals Before Tariff Deadline</a>
Why It Matters: The Fed has <a href="https://www.benzinga.com/news/topics/25/06/46133756/mohamed-el-erian-flags-political-narratives-affecting-federal-reserves-institutional-integrity-and-operational-credibility">maintained rates at 4.25%-4.50% for four consecutive meetings</a> while projecting two cuts in 2025. Personal Consumption Expenditures inflation is expected to reach 3.0% in 2025, up from March&#8217;s 2.7% forecast, while real GDP growth was downgraded to 1.4% from 1.7%.
Political tensions surrounding Fed <a href="https://www.benzinga.com/markets/macro-economic-events/25/06/46186509/scott-bessent-on-replacing-powell-as-fed-chair-i-will-do-what-the-president-wants-plays-down-shadow-chair-speculations">independence continue mounting</a>. Treasury Secretary Scott Bessent said on Monday he &#8220;will do what the President wants&#8221; when asked about potentially replacing Powell after his term expires in May 2026. President Donald Trump has repeatedly criticized Powell, calling him &#8220;a stupid person&#8221; for keeping rates &#8220;artificially high.&#8221;
Economist Mohamed El-Erian warned that <a href="https://www.benzinga.com/news/topics/25/06/46133756/mohamed-el-erian-flags-political-narratives-affecting-federal-reserves-institutional-integrity-and-operational-credibility">three political narratives threaten</a> the Fed&#8217;s &#8220;institutional integrity and operational credibility,&#8221; including speculation about a &#8220;shadow chair&#8221; appointment and internal pressure from Republican-leaning governors pushing for July rate cuts.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/07/46188260/satya-nadella-says-microsofts-ai-orchestrator-beats-human-doctors-on-tough-diagnoses-what-this-means-for-the-future-of-healthcare">Satya Nadella Says Microsoft&#8217;s AI &#8216;Orchestrator&#8217; Beats Human Doctors On Tough Diagnoses — What This Means For The Future of Healthcare</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Economics

Federal Reserve

Goldman Sachs Now Expects 3 Fed Rate Cuts In 2025 Amid Weak Jobs Data, Modest Trump Tariff Effects

Kura Sushi USA, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KRUS#NASDAQ">KRUS</a>) will release earnings results for the third quarter, before the <a href="https://www.benzinga.com/quote/KRUS/guidance">opening bell on Tuesday, July 8.</a>
Analysts expect the Irvine, California-based company to report quarterly loss at 1 cent per share. KRUS projects to report quarterly revenue of $71.82 million, compared to $63.08 million a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On April 8, Kura Sushi USA reported a quarterly loss of 14 cents per share which missed the analyst consensus estimate of loss of 13 cents per share. The company reported quarterly sales of $64.89 million which missed the analyst consensus estimate of $64.91 million.
Kura Sushi shares gained 5.3% to close at $86.08 on Monday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/krus/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul class="wp-block-list">
<li>Barclays analyst Jeffrey Bernstein maintained an Equal-Weight rating and raised the price target from $52 to $71 on June 26, 2025. This analyst has an accuracy rate of 63%.</li>
<li>Citigroup analyst Jon Tower maintained a Neutral rating and cut the price target from $71 to $47 on April 10, 2025. This analyst has an accuracy rate of 70%.</li>
<li>TD Securities analyst Andrew Charles maintained a Hold rating and cut the price target from $72 to $44 on April 9, 2025. This analyst has an accuracy rate of 68%.</li>
<li>Craig-Hallum analyst Jeremy Hamblin maintained a Buy and raised the price target from $85 to $120 on Nov. 7, 2024. This analyst has an accuracy rate of 68%.</li>
<li>Piper Sandler analyst Brian Mullan maintained a Neutral rating and raised the price target from $63 to $98 on Nov. 7, 2024. This analyst has an accuracy rate of 75%</li>
</ul>
Considering buying KRUS stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/KRUS/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="587" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01040257/image-3-1024x587.png" alt="" class="wp-image-968070" style="width:553px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01040257/image-3-1024x587.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01040257/image-3-300x172.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01040257/image-3-768x440.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01040257/image-3.png 1103w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read This Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/analyst-stock-ratings/price-target/25/06/46169288/5-stocks-in-the-spotlight-wall-streets-most-accurate-analysts-weigh-in">5 Stocks In The Spotlight: Wall Street&#8217;s Most Accurate Analysts Weigh In</a> </li>
</ul>
Photo via Shutterstock

Earnings

Long Ideas

News

Price Target

Markets

Analyst Ratings

Trading Ideas

KRUS

Kura Sushi Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Macro Economic Events

Econ #s

Eurozone Manufacturing Purchasing Managers Index For June 49.5 Vs. 49.4 Est.; 49.4 Prior

ZEEKR's Cumulative Deliveries Reached 43,012 In June, With 16,702 From Zeekr And 26,310 From Lynk & Co.

Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) are poised to become the first companies to reach a $4 trillion market cap, driven by the burgeoning demand for artificial intelligence (AI), predicts Dan Ives, the global head of technology research at Wedbush Securities.
What Happened: Ives credits the impressive comeback of these two tech giants to ongoing innovation in AI and their significant investments in AI infrastructure. He predicts that Nvidia and Microsoft will reach a $4 trillion market cap this summer, with attention soon turning toward the $5 trillion mark within the next 18 months, <a href="https://www.cnbc.com/2025/06/30/analyst-dan-ives-says-it-will-be-the-summer-of-4-trillion-market-caps-for-surging-tech-giants.html">reported</a> CNBC.
Despite a rocky start to the year due to concerns over China export controls and global tariff issues, both companies have seen a significant rebound in their stock performance. This is largely due to the ongoing AI innovation and substantial investments in AI infrastructure. Ives mentioned that Nvidia and Microsoft are &#8220;foundational pieces&#8221; in the ongoing AI revolution.
Both companies are projected to reach the $4 trillion market cap milestone this summer, with the focus then shifting to the $5 trillion mark over the next 18 months. Ives believes that the tech bull market is still &#8220;in its early stages,&#8221; driven by the AI revolution.
The analyst is particularly optimistic about Nvidia&#8217;s impact on the AI ecosystem, estimating an $8 to $10 multiplier effect for every dollar spent on Nvidia across the tech ecosystem.
SEE ALSO: <a href="https://benzinga.com/crypto/cryptocurrency/25/06/46180055/bitcoin-steady-ethereum-xrp-dogecoin-turn-green-as-traders-bemoan-the-slowest-cycle-yet" target="_blank" rel="noreferrer noopener">Bitcoin Steady, Ethereum, XRP, Dogecoin Turn Green As Traders Bemoan &#8216;The Slowest Cycle Yet&#8217; &#8211; Benzinga</a>
Why It Matters: In late June, Nvidia&#8217;s stock price hit a new all-time high, with the <a href="https://www.benzinga.com/content/46149573/nvidias-stock-price-hits-new-highs-this-is-whats-next">technical outlook </a>remaining robust. This surge was attributed to a combination of factors, including FOMO, results, analyst trends, institutional activity, and short-covering.
CEO Jensen Huang also identified robotics as Nvidia&#8217;s next <a href="https://www.benzinga.com/markets/tech/25/06/46109838/nvidias-next-multitrillion-dollar-opportunity-jensen-huang-sees-great-potential-here-stopped-thinking-of-ourselves-as-a-chip-company-long-ago">major growth</a> opportunity, following AI, at the company&#8217;s annual shareholders meeting.
Microsoft, on the other hand, has been solidifying its position as a <a href="https://www.benzinga.com/markets/equities/25/06/46163176/microsoft-stock-could-soar-44-on-ai-boom-analyst-says-but-theres-a-catch">frontrunner </a>in monetizing AI, driving substantial gains for investors, according to a recent note from the Arora Report. Microsoft&#8217;s stock, on the other hand, could soar by 44% on the back of the <a href="https://www.benzinga.com/markets/equities/25/06/46163176/microsoft-stock-could-soar-44-on-ai-boom-analyst-says-but-theres-a-catch">AI boom</a>.
In the second quarter of 2025, Wall Street&#8217;s tech darlings, including Nvidia and Microsoft, pushed sector benchmarks to one of their strongest quarterly gains on record, reigniting optimism for a continued <a href="https://www.benzinga.com/markets/tech/25/06/46180484/nvidia-palantir-tech-stocks-to-buy-q3-2025-sectors">summer rally</a>.
Nvidia shares have been on a tear, hitting a new all-time high in late June and are expected to continue rising. On a year-to-date basis, the Microsoft stock surged 18.83%. 
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</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

MSFT

NVDA

Nvidia, Microsoft On Track To Achieve $4 Trillion Market Cap, Says Analyst Dan Ives: 'Tech Bull Market Is Still Early'

Germany Unemployment Rate For June 6.3% Vs. 6.4% Est.; 6.3% Prior

Germany Unemployment Change For June 11K Vs. 18K Est.; 34K Prior

Germany Manufacturing Purchasing Managers Index For June 49.0 Vs. 49.0 Est.; 48.3 Prior

France Manufacturing Purchasing Managers Index For June 48.1 Vs. 47.8 Est.; 49.8 Prior

Billionaire investor Peter Thiel says Elon Musk's plan for "a billion humanoid robots in the U.S. in 10 years" collides with the Tesla chief's alarm over ballooning federal deficits, proof, Thiel argues, that Musk hasn't &#8220;thought through" the proposition just yet.
What Happened: In a recent New York Times "Interesting Times" interview, Thiel recalled telling his longtime friend, "If that's true, you don't need to worry about the budget deficits because we're going to have so much growth," only to find Musk "still worried about the budget deficits."
He added that Musk's anxiety "suggests … there are big error bars around it."
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Musk has repeatedly championed mass automation. He <a href="https://x.com/elonmusk/status/1747395624620753355">backed</a> forecasts of one billion humanoid robots worldwide by the 2040s and, at Cannes last year, even floated the idea of 20 billion units globally.
See also: <a href="https://www.benzinga.com/markets/tech/25/07/46188260/satya-nadella-says-microsofts-ai-orchestrator-beats-human-doctors-on-tough-diagnoses-what-this-means-for-the-future-of-healthcare">Satya Nadella Says Microsoft&#8217;s AI &#8216;Orchestrator&#8217; Beats Human Doctors On Tough Diagnoses — What This Means For The Future of Healthcare</a>
Yet the Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and SpaceX chief spent the past week torching President Donald Trump's "Big Beautiful Bill," branding the $5 trillion package an "<a href="https://www.benzinga.com/news/politics/25/07/46187403/elon-musk-is-unhappy-with-trumps-big-beautiful-bill-and-just-reminded-everyone-that-80-voted-for-a-new-party">insane spending bill</a>," vowing to bankroll primary challengers and teasing a new "America Party." He warns that unchecked deficits could "bankrupt the country" before robotics eases the fiscal load.
Why It Matters: Thiel's critique lands amid his criticism about technological stagnation and end-times politics, signaling a split on the tech right over whether exponential growth alone can erase red ink. Thiel also revealed that concerns about AI and political interference reportedly thwarted Elon <a href="https://www.benzinga.com/markets/tech/25/06/46162898/elon-musk-stopped-believing-in-mars-dream-as-a-political-project-in-2024-says-peter-theil-amid-woke-ai-and-socialist-government-fears">Musk's Mars political project</a> in 2024, Peter Thiel revealed.
Tesla's Optimus <a href="https://www.benzinga.com/markets/tech/25/06/45774499/elon-musks-optimus-could-herald-the-biggest-industry-in-history-billionaire-investor-marc-andreessen-says">prototype</a>, still tele-operated in demos such as a laundry-folding video, lags Boston Dynamics' Atlas but could sell for under $20,000 once mass-produced, Musk says.
The Congressional Budget Office pegs Trump's bill as a <a href="https://www.benzinga.com/25/05/45558613/house-advances-trumps-sweeping-one-big-beautiful-bill-after-key-medicaid-tax-and-border-security-changes">$2.4 trillion deficit</a> add-on, largely via tax cuts favoring higher earners. Musk insists only "radical productivity gains" will bridge that gap.
Photo Courtesy: Mark Reinstein on Shutterstock.com
Read next: <a href="https://www.benzinga.com/markets/tech/25/07/46187880/tesla-rival-byd-launches-11000-long-range-trim-of-its-best-selling-seagull-ev-as-price-war-heats-up">Tesla Rival BYD Launches $11,000 Long-Range Trim Of Its Best-Selling Seagull EV As Price War Heats Up</a>

Tech

TSLA

Peter Thiel Says Elon Musk Vision Of A Billion Humanoid Robots In Ten Years Makes All The Hand-Wringing Over Deficits Look 'Unthought-Through'

The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index remained in the &#8220;Greed&#8221; zone on Monday.
U.S. stocks settled higher on Monday, with the S&amp;P 500 hitting another record close.
President Donald Trump signaled openness to extending the July 9 deadline for reinstating reciprocal tariffs, adding that he remained optimistic about reaching key agreements in the coming weeks. Meanwhile, Canada&#8217;s withdrawal of its digital services tax helped improve the outlook for U.S. tech firms and reignited momentum in trade negotiations with Washington.
On the economic front, the Chicago PMI fell to 40.4 for June from 40.5 in May, and compared to market estimates of 42.7. The Dallas Fed&#8217;s general business activity index for Texas manufacturing climbed to a reading of -12.7 in June compared to -15.3 in the previous month.
Hewlett-Packard Enterprise Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NYSE">HPE</a>) and Juniper Networks Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNPR#NYSE">JNPR</a>) reached an agreement with the U.S. Department of Justice (DOJ) on Saturday.
Most sectors on the S&amp;P 500 closed on a positive note, with information technology, financial and real estate stocks recording the biggest gains on Monday. However, energy and consumer discretionary stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 275 points to 44,094.77 on Monday. The S&amp;P 500 rose 0.52% to 6,204.95, while the Nasdaq Composite climbed 0.47% to 20,369.73 during Monday's session.
Investors are awaiting earnings results MSC Industrial Direct Co., Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>), Constellation Brands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) and The Greenbrier Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBX#NYSE">GBX</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 66.9, the index remained in the &#8220;Greed&#8221; zone on Monday, versus a prior reading of 63.8.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
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<li><a href="https://www.benzinga.com/analyst-stock-ratings/price-target/25/06/46169288/5-stocks-in-the-spotlight-wall-streets-most-accurate-analysts-weigh-in">5 Stocks In The Spotlight: Wall Street&#8217;s Most Accurate Analysts Weigh In</a> </li>
</ul>
Photo courtesy: Shutterstock

JNPR

S&P Hits Record High At The End Of Q2: Investor Sentiment Improves, Fear Index Remains In 'Greed' Zone

Veteran short-seller James Chanos of Kynikos Associates is once again taking a shot at Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), calling its valuation framework not just flawed, but absurd.
What Happened: On Monday, Chanos slammed Strategy&#8217;s claim that its valuation should reflect not just the net asset value (NAV) of its Bitcoin holdings, but also a multiple on the unrealized gains, while speaking on Bloomberg&#8217;s Odd Lots podcast.
<figure class="wp-block-image size-large is-resized"><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="146" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01014756/Screenshot-2025-07-01-at-11.17.45-AM-1024x146.png" alt="" class="wp-image-967861" style="width:920px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01014756/Screenshot-2025-07-01-at-11.17.45-AM-1024x146.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01014756/Screenshot-2025-07-01-at-11.17.45-AM-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01014756/Screenshot-2025-07-01-at-11.17.45-AM-768x110.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01014756/Screenshot-2025-07-01-at-11.17.45-AM.png 1526w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
What pushed him &#8220;into orbit,&#8221; he says, was founder Michael Saylor's argument that appreciation in Bitcoin should be treated like recurring profit, and capitalized accordingly.
See Also: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46168953/strategy-adds-4980-bitcoin-ups-total-stack-to-42-billion">Strategy Adds 4,980 Bitcoin, Ups Total Stack To $42 Billion</a>
He went on to mock this logic with an analogy. &#8220;That&#8217;s like saying, my whole net worth is in a house that's worth $400,000 that is now worth $500,000 a year or two later, and my net worth is not $500,000 now, it's $2.5 million,&#8221; he says, underscoring the folly of this argument. &#8220;It is absurd,&#8221; he says.
Chanos also dismissed the broader Bitcoin treasury trend as mere financial engineering. &#8220;There's nothing proprietary here. This is just simply raising capital to buy a financial asset,&#8221; he said.
He further notes that the model is spreading rapidly. &#8220;Since the podcast we last did, I think the number of companies that have announced this strategy is scores more. I think there [are] over 100 in the U.S. and over 200 globally,&#8221; he says.
Why It Matters: Chanos has reiterated several times that Strategy&#8217;s <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45943504/short-seller-jim-chanos-reiterates-michael-saylors-strategy-premium-is-unsustainable-warns-bitcoin-arbitrage-is-not-a-static-trade">premium is unsustainable</a>, warning that Bitcoin arbitrage &#8220;is not a static trade.&#8221;
This comes weeks after he revealed a <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45465049/jim-chanos-goes-long-bitcoin-short-microstrategy-in-arbitrage-bet-against-retail-speculation">strategic arbitrage trade</a>, which involves going long on Bitcoin while selling Strategy short.
&#8220;We&#8217;re buying Bitcoin, selling Strategy stock, an arbitrage play, buying for $1, selling for $2.50,&#8221; Chanos said, adding that he doesn&#8217;t know where Bitcoin is headed, whether $100,000, $1 million, or $10,000, but he does know that &#8220;it&#8217;s generally profitable to short $1 for $2.50 or three dollars.&#8221;
Saylor responded to this by saying, &#8220;I don&#8217;t think he [Chanos] understands what our business model is,&#8221; he says. &#8220;What he still doesn&#8217;t understand is that we are not a holding company or a closed-end trust, we are an operating company.&#8221;
To which Chanos <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45877499/michael-saylor-says-jim-chanos-doesnt-understand-strategys-model-criticizes-long-bitcoin-short-mstr-trade-short-seller-hits-back-with-financial-gibberish-remark">promptly hit back</a>, referring to it as &#8220;financial gibberish.&#8221; He said, &#8220;Mr. Saylor wants you to value his business based not only on the net value of his Bitcoin holdings (NAV) at market, but additionally with a multiple on the change in that NAV.&#8221;
Price Action: Shares of Strategy were up 5.30% on Monday, trading at $404.23, and are down 0.63% after hours.
Photo Courtesy: LALAKA on Shutterstock.com
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46172312/bitcoins-perfect-storm-could-extend-bull-run-into-2026-report">Bitcoin&#8217;s &#8216;Perfect Storm&#8217; Could Extend Bull Run Into 2026: Report</a></li>
</ul>
<iframe allow="autoplay &#x2A;; encrypted-media &#x2A;; fullscreen &#x2A;; clipboard-write" frameborder="0" height="175" style="width:100%;max-width:660px;overflow:hidden;border-radius:10px;" sandbox="allow-forms allow-popups allow-same-origin allow-scripts allow-storage-access-by-user-activation allow-top-navigation-by-user-activation" src="https://embed.podcasts.apple.com/us/podcast/jim-chanos-on-the-nuttiness-of-bitcoin-treasury-companies/id1056200096?i=1000715105251"></iframe>

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

Cryptocurrency

Short Sellers

MSTR

James Chanos Shreds Michael Saylor's Strategy Model Of 'Multiple of NAV' Valuation — Famed Short Seller Says 'It Is Absurd'

On Monday, Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) CEO Satya Nadella unveiled an AI system that outperforms human doctors in diagnosing complex medical cases, signaling a major leap toward &#8220;medical superintelligence.&#8221;
What Happened: Microsoft detailed two major advances: SDBench and MAI-DxO in a blog post titled, "The Path to Medical Superintelligence."
SDBench: This tool uses 304 case studies from the New England Journal of Medicine (NEJM) and turns them into interactive diagnostic simulations. The AI must think critically, ask questions, order tests and weigh the costs—much like a real-life doctor.
MAI-DxO: This is a model-agnostic orchestrator that simulates a panel of virtual physicians. It achieved 85.5% diagnostic accuracy, which is four times higher than experienced human doctors, while also reducing diagnostic costs.
See Also: <a href="https://www.benzinga.com/markets/tech/25/06/46136541/elon-musk-backs-satya-nadellas-view-that-ai-must-produce-socially-useful-results-the-real-question-in-the-next-five-years-is">Elon Musk Backs Satya Nadella&#8217;s View That AI Must Produce &#8216;Socially Useful&#8217; Results: &#8216;The Real Question In The Next Five Years Is&#8230;&#8217;</a>
"Excited to share two advances that bring us closer to real-world impact in healthcare AI," Nadella posted on X, formerly Twitter. "Together, these advances offer a blueprint for how AI can help deliver precision and efficiency in healthcare."
<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">Excited to share two advances that bring us closer to real-world impact in healthcare AI: SDBench introduces a new benchmark that transforms 304 NEJM cases into interactive diagnostic simulations. AI must ask questions, order tests, and weigh costs, mirroring the complexity of… <a href="https://t.co/lASC4hK730">pic.twitter.com/lASC4hK730</a>
&mdash; Satya Nadella (@satyanadella) <a href="https://twitter.com/satyanadella/status/1939736687539802155?ref_src=twsrc%5Etfw">June 30, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Microsoft admitted that this technology isn't ready to be used in real medical settings yet. The "orchestrator" still needs more testing, especially to see how well it handles everyday symptoms and routine cases, the company said.
Mustafa Suleyman, head of Microsoft AI, <a href="https://www.theguardian.com/technology/2025/jun/30/microsoft-ai-system-better-doctors-diagnosing-health-conditions-research">told</a> The Guardian: "It's pretty clear that we are on a path to these systems getting almost error-free in the next 5-10 years. It will be a massive weight off the shoulders of all health systems around the world."
Why It's Important: In the third week of June 2025, <a href="https://www.benzinga.com/general/health-care/25/06/46140911/healthcare-ai-draws-major-funding-bucking-market-uncertainty">investors poured significant capital</a> into AI startups and acquisitions, signaling strong confidence in artificial intelligence despite wider market uncertainty.
Major funding rounds included NYC's Tennr, which raised $101 million to advance AI-driven clinical intelligence and RevelAi Health, which secured $3.1 million for predictive medical tools aimed at better patient outcomes and lower costs.
Data analytics also saw big wins: PreciseDx landed $11 million to expand its AI-powered diagnostic imaging, while Typedef attracted $5.5 million to make complex analytics more accessible for businesses.
Price Action: Microsoft (MSFT) shares edged up 0.30% during Monday's regular trading session but slipped slightly by 0.012% in after-hours trading, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>. The stock has climbed 18.83% so far this year and is up 8.81% over the past 12 months.
Benzinga's Edge Stock Rankings show that MSFT maintains a solid upward price trend in the short, medium, and long term. However, while its momentum remains strong, its value ranking is comparatively weaker. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-4/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">More detailed performance metrics are available here</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-4/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01025950/Screenshot-2025-07-01-at-12.08.12%E2%80%AFPM.png" alt="" class="wp-image-967965" /></a></figure>
Photo Courtesy: katuSka on Shutterstock.com
Read Next: 
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<li><a href="https://www.benzinga.com/markets/tech/25/06/46127671/amazon-loses-top-ai-leader-in-high-stakes-talent-shuffle" target="_blank" rel="noreferrer noopener">Amazon Loses Top AI Leader In High-Stakes Talent Shuffle</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Health Care

Satya Nadella Says Microsoft's AI 'Orchestrator' Beats Human Doctors On Tough Diagnoses —  What This Means For The Future of Healthcare

Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) has appointed Haijian He as its new Chief Financial Officer (CFO), effective immediately
What Happened: According to Reuters' report, Baidu, a major player in China&#8217;s tech industry, has named Haijian He as successor of Junjie He, who has been serving as the interim CFO since October last year. Junjie He will now take on the role of Senior Vice President.
See Also: <a href="https://benzinga.com/markets/equities/25/07/46187311/trump-says-elon-musk-would-close-up-shop-and-head-back-home-to-south-africa-without-subsidies-no">Trump Says Elon Musk Would &#8216;Close Up Shop And Head Back Home To South Africa&#8217; Without Subsidies: &#8216;No More Rocket Launches, Satellites, Or Electric Car&#8217;</a>
He&#8217;s appointment comes at a crucial time for Baidu, as the company is navigating through the challenges posed by US sanctions. The sanctions have led to a shortage of <a href="https://www.benzinga.com/markets/asia/25/05/45692725/alibaba-and-baidu-turn-to-chinese-ai-chips-as-us-sanctions-squeeze-nvidia-supply">Nvidia Corp</a> processors, prompting Chinese tech giants like Baidu to turn to domestic chips for their AI development.
Why It Matters: In March, Baidu <a href="https://www.benzinga.com/25/03/44349635/baidu-says-its-new-ai-is-smarter-than-deepseeks-and-costs-half-as-much-excellent-multimodal-understanding-ability">launched two new AI models</a>, ERNIE X1 and ERNIE 4.5, claiming they matched top rivals like DeepSeek and OpenAI in performance while costing less. The release came as Baidu sought to reassert itself in the global AI race following recent market setbacks. This move made the company a potent player in the AI realm. Baidu&#8217;s stock has been performing well despite the company&#8217;s market value <a href="https://www.benzinga.com/25/02/43765049/baidus-market-value-plummets-by-24-billion-following-ceos-absence-from-crucial-meeting-led-by-chinese-president-xi">plummeting by $2.4 billion</a> in February following its CEO&#8217;s absence from a crucial meeting led by Chinese President Xi Jinping. Baidu has since recovered, with its stock showing resilience in the face of geopolitical tensions and regulatory challenges. On a year-to-date basis, the stock has risen 3.7%, while in the last month it has gained 3.25%.
Price in Action: According to <a href="https://www.benzinga.com/quote/BIDU">Benzinga Pro</a> data, Baidu after closing at $85.76, down 0.43% for the day, saw a slight uptick of 0.10% amounting to $85.85 during after-hours trading.
Benzinga&#8217;s Edge Stock Rankings indicates Baidu stock has Momentum in the 40th percentile. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Find out</a> how rivals in the search industry rank.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="878" height="162" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01024045/Screenshot-2025-07-01-121028.png" alt="" class="wp-image-967923" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01024045/Screenshot-2025-07-01-121028.png 878w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01024045/Screenshot-2025-07-01-121028-300x55.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01024045/Screenshot-2025-07-01-121028-768x142.png 768w" sizes="(max-width: 878px) 100vw, 878px" /></a></figure>
Read Next: <a href="https://benzinga.com/crypto/cryptocurrency/25/07/46187123/bitcoin-ethereum-solana-xrp-or-dogecoin-if-you-invested-1000-in-these-cryptos-when-2025-began-here-is-how-much-youd-have-today-now-that-half-the-year-is-over">Bitcoin, Ethereum, Solana, XRP Or Dogecoin: If You Invested $1,000 In These Cryptos When 2025 Began, Here is How Much You&#8217;d Have Today Now That Half The Year Is Over &#8211; Benzinga</a>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo Courtesy: Tada Images on Shutterstock.com
Photo courtesy: Ken Wolter / Shutterstock.com

BIDU

Baidu Appoints Haijian He As New CFO As It Seeks To Accelerate AI Strategy Amid US Sanctions

The Gates Foundation Trust, founded by the billionaire Bill Gates, has a portfolio valued at $41.806 billion, which is concentrated in these three stocks as of the end of the first quarter of 2025.
What Happened: The foundation has received donations from Gates and the Oracle of Omaha, Warren Buffett, since the year 2000 and 2006, respectively. Additionally, it reflects the approaches of both Gates and Buffett.
According to its 13F filings, the three major stock holdings in the foundation&#8217;s portfolio made up at least two-thirds or 66% of the fund&#8217;s holdings as of the first quarter of the ongoing calendar year.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Company</td>
<td>Value (as of March 31)</td>
<td>% Of Holdings (as of March 31)</td>
<td>Number Of Shares</td>
<td>Change From Dec. 31, 2024 (in %)</td>
</tr>
<tr>
<td>Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)</td>
<td>$10.682 billion</td>
<td>26%</td>
<td>28457247</td>
<td>0%</td>
</tr>
<tr>
<td>Berkshire Hathaway Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>)</td>
<td>$9.145 billion</td>
<td>22%</td>
<td>17172435</td>
<td>-13%</td>
</tr>
<tr>
<td>Waste Management Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WM#NYSE">WM</a>)</td>
<td>$7.462 billion</td>
<td>18%</td>
<td>32234344</td>
<td>0%</td>
</tr>
</tbody>
</table>
</figure>
<h3 class="wp-block-heading">Microsoft Corp.</h3>
<ul class="wp-block-list">
<li>Microsoft stock has driven the Gates Foundation&#8217;s holdings to nearly $11 billion.</li>
<li>This surge is largely due to Microsoft&#8217;s dominant position in artificial intelligence, particularly through its Azure cloud platform and OpenAI investment.</li>
<li>Gates has steadily contributed Microsoft stock to the foundation since its inception in 2000.</li>
</ul>
<h3 class="wp-block-heading">Berkshire Hathaway Inc.</h3>
<ul class="wp-block-list">
<li>Buffett has also donated the Class B shares to the Gates Foundation since 2006, maintaining voting control by converting his Class A shares.</li>
<li>Despite a requirement for annual grant payouts, the foundation still holds 17.17 million Berkshire shares, valued at about $9.145 billion.</li>
</ul>
<h3 class="wp-block-heading">Waste Management Inc.</h3>
<ul class="wp-block-list">
<li>The Gates Foundation Trust has held a stake in Waste Management since 2002, exemplifying Buffett&#8217;s value investing principles.</li>
<li>WM is a waste management, comprehensive waste, and environmental services company having a landfill portfolio at an operational scale.</li>
</ul>
See Also: <a href="https://www.benzinga.com/markets/equities/25/06/46108861/microsoft-is-playing-chess-and-others-are-playing-checkers-dan-ives-says-msft-could-be-a-5-trillion-company-in-18-months">Microsoft Is &#8216;Playing Chess, And Others Are Playing Checkers:&#8217; Dan Ives Says MSFT Could Be A $5 Trillion Company In 18 Months</a>
Why It Matters: Microsoft has been under the analyst radar, as it has been receiving recent price target bumps and upgrades.
Microsoft's strategic initiatives, including the integration of Copilot into Office, Dynamics, and Teams, are significantly deepening subscription revenues, explained Nigam Arora <a href="https://www.benzinga.com/markets/equities/25/06/46163176/microsoft-stock-could-soar-44-on-ai-boom-analyst-says-but-theres-a-catch">in his recent report</a>. 
He added that Microsoft's cloud computing arm, Aruzre, remained a compelling growth driver, exhibiting double-digit growth that is currently outstripping competitors and maintaining healthy margins.
Meanwhile, Wedbush analyst Dan Ives has said that the &#8220;massive adoption wave&#8221; of AI-driven Azure services could propel Microsoft to become a <a href="https://www.benzinga.com/markets/equities/25/06/46108861/microsoft-is-playing-chess-and-others-are-playing-checkers-dan-ives-says-msft-could-be-a-5-trillion-company-in-18-months">$5 trillion company</a> over the next 18 months. &#8211;
Price Action: MSFT shares were down 0.012% in after-hours on Monday after ending 0.30% higher at $497.41 apiece. It has risen by 18.83% on a year-to-date basis and 8.91% over the past year.
Benzinga Edge Stock Rankings shows that MSFT had a stronger price trend over the short, medium, and long term. Its momentum ranking was solid; however, its value ranking was poor at the 13.14th percentile. The details of other metrics are <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-4/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">available here</a>.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="145" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01024005/MSFT-Edge-New-Latest-new-1024x145.png" alt="" class="wp-image-967921" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01024005/MSFT-Edge-New-Latest-new-1024x145.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01024005/MSFT-Edge-New-Latest-new-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01024005/MSFT-Edge-New-Latest-new-768x109.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01024005/MSFT-Edge-New-Latest-new.png 1162w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, ended higher on Monday. The SPY was up 0.48% at $617.85, while the QQQ advanced 0.65% to $551.64, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
After hitting fresh records on Friday and Monday, the futures of the S&amp;P 500, Nasdaq 100, and Dow Jones indices were trading lower on Tuesday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/06/46163176/microsoft-stock-could-soar-44-on-ai-boom-analyst-says-but-theres-a-catch">Microsoft Stock Could Soar 44% On AI Boom, Analyst Says — But There&#8217;s A Catch</a></li>
</ul>
Photo courtesy: Alexandros Michailidis / Shutterstock.com

Equities

Bill Gates Is Betting Two-Thirds Of His Foundation's Portfolio In These 3 Stocks

ACIW

ACI Worldwide And iNet Expand Partnership To Power Saudi Arabia's Fintech Infrastructure With Postilion Platform

NICE

TalkTalk Taps NICE's CXone Mpower Platform To Drive AI-Powered Customer Experience Transformation

Fundstrat Global Advisors Head of Research Tom Lee highlighted Amazon Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) as a critical early indicator for U.S. inflation trends, calling the retail giant&#8217;s stable pricing amid tariff pressures a &#8220;meaningful&#8221; signal for market conditions.
What Happened: Lee posted on X Tuesday that Amazon&#8217;s massive import volume positions the company to &#8220;see inflation early,&#8221; making the &#8220;absence of inflation = positive&#8221; for the broader economic outlook. 
His comments responded to Amazon CEO Andy Jassy&#8216;s Monday statement that the tech giant &#8220;hasn&#8217;t seen prices appreciably go up&#8221; despite widespread tariff implementation.
In a CNBC <a href="https://www.cnbc.com/2025/06/30/despite-tariffs-andy-jassy-says-amazon-hasnt-seen-prices-appreciably-go-up-so-far.html?taid=686317f6e9ffab000185e760&amp;utm_campaign=trueanthem&amp;utm_content=main&amp;utm_medium=social&amp;utm_source=twitter">interview</a> with Jim Cramer, Jassy detailed Amazon&#8217;s mitigation strategies against tariff impacts. &#8220;We did a lot of forward buying several months ago, and then a lot of our sellers, our third-party selling partners, forward deployed a lot of inventory to avoid some of the issues with the uncertainty around where tariffs are going to settle,&#8221; Jassy said.
<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 is meaningful Given enormous volume of imported goods, <a href="https://twitter.com/search?q=%24AMZN&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$AMZN</a> should ‘see' inflation early &#8211; absence of inflation = positive &#x2705; &#x1f440;&#x1f440;&#x1f440; &#x1f447; <a href="https://t.co/zikDKPfI8X">https://t.co/zikDKPfI8X</a>
&mdash; Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) <a href="https://twitter.com/fundstrat/status/1939844803849503180?ref_src=twsrc%5Etfw">July 1, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/markets/equities/25/07/46187311/trump-says-elon-musk-would-close-up-shop-and-head-back-home-to-south-africa-without-subsidies-no-more-rocket-launches-satellites-or-electric-car">Trump Says Elon Musk Would &#8216;Close Up Shop And Head Back Home To South Africa&#8217; Without Subsidies: &#8216;No More Rocket Launches, Satellites, Or Electric Car&#8217;</a>
Why It Matters: President Donald Trump has imposed steep tariffs on imports from multiple countries, including China, which serves as a major supplier for Amazon&#8217;s two million marketplace sellers. Jassy noted that seller diversity helps maintain competitive pricing, as many merchants choose to &#8220;take share and not increase prices&#8221; rather than pass tariff costs to consumers.
The inflation commentary comes as recent PCE <a href="https://www.benzinga.com/markets/economic-data/25/06/46137796/inflation-is-heating-up-again-are-tariffs-to-blame">data showed core inflation accelerating</a> to 2.7% year-over-year in May, exceeding Federal Reserve targets. Personal income fell 0.4% month-over-month, marking the first decline since September 2021, while consumer spending contracted 0.1%.
Federal Reserve Chair Jerome Powell told Congress last week that tariff increases &#8220;are likely to push up prices and weigh on economic activity,&#8221; though effects could be &#8220;short-lived&#8221; or &#8220;more persistent&#8221; <a href="https://www.benzinga.com/markets/economic-data/25/06/46077396/powell-interest-rates-trump-inflation-tariffs">depending on the implementation scale</a>. A &#8220;significant majority&#8221; of Fed officials expect rate cuts later this year if inflation or labor data weakens.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/politics/25/07/46186877/emmanuel-macron-calls-tariffs-blackmail-white-house-shoots-back-saying-trump-is-doing-whats-right-for-our-people">Emmanuel Macron Calls Tariffs &#8216;Blackmail,&#8217; White House Shoots Back Saying Trump Is &#8216;Doing What&#8217;s Right For Our People&#8217;</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

AMZN

Tom Lee Calls Amazon An Early Signal As Andy Jassy Says No Price Hike Despite Trump Tariffs: 'Absence Of Inflation' Is A 'Positive' Sign

The Trump administration is reportedly lowering its aspirations for comprehensive reciprocal deals. Instead, it is favoring narrower agreements to avoid the reimposition of U.S. tariffs.
What Happened:  The US is now seeking phased deals with key countries, with the aim of reaching agreements by July 9, <a href="https://www.ft.com/content/e268d462-593c-45b1-8cf1-c3d382219dd2">reported</a> the Financial Times on Tuesday. This shift in strategy is a departure from the White House&#8217;s initial plan to secure 90 trade deals during the 90-day pause in reciprocal tariffs announced by President Donald Trump in April.
Under the new plan, countries that agree to these narrower deals would avoid the more severe reciprocal tariffs, but would still be subject to the existing 10% levy while discussions on more contentious issues continue. The administration is also weighing the option of introducing tariffs on key industries. Despite this, the negotiations remain complex, and the administration is still contemplating imposing tariffs on crucial sectors. This two-pronged strategy—combining the threat of new tariffs with a willingness to strike deals—highlights the difficulties negotiators encounter with Trump, who often leverages trade to extract concessions from other nations.
Despite this change in approach, the U.S. has only managed to secure a trade pact with the U.K. and a tentative truce with China. The U.S. Commerce Department has launched national security investigations into a range of products, including copper, lumber, aerospace components, pharmaceuticals, semiconductors, and critical minerals.
SEE ALSO: <a href="https://benzinga.com/news/politics/25/06/46162859/trump-threatens-to-cut-federal-funding-for-nyc-if-zohran-mamdani-doesnt-do-the-right-thing-as-futur" target="_blank" rel="noreferrer noopener">Trump Threatens To Cut Federal Funding For NYC If Zohran Mamdani Doesn&#8217;t Do The &#8216;Right Thing&#8217; As Future Mayor: &#8216;If He Does Get In, I&#8217;m Going To Be President&#8230;&#8217;</a>
Why It Matters: This shift in the U.S. trade strategy comes on the heels of President Trump&#8217;s announcement that he will bypass individual trade agreements and set new tariff rates unilaterally for various trading partners through letters. 
Trump&#8217;s preference for this method was voiced on Fox News&#8217; &#8220;Sunday Morning Futures,&#8221; where he stated, &#8220;We made deals, but I&#8217;d rather just send them a letter, a very fair letter, saying &#8216;congratulations, we&#8217;re going to <a href="https://www.benzinga.com/markets/macro-economic-events/25/06/46163141/trump-says-hell-skip-trade-deals-set-global-tariffs-with-a-letter-pay-a-25-tariff-or-20-or-40-or-50">allow you</a> to trade in the United States of America, you&#8217;re going to pay a 25% tariff, or 20%, or 40 or 50%.&#8221;
Meanwhile, French President Emmanuel Macron has criticized the <a href="https://www.benzinga.com/news/politics/25/07/46186877/emmanuel-macron-calls-tariffs-blackmail-white-house-shoots-back-saying-trump-is-doing-whats-right-for-our-people">use of tariffs </a>as &#8220;blackmail&#8221; instruments by powerful nations, without directly naming Trump or the United States. His comments came as the European Union continues negotiations with the U.S. before the July 9 deadline.
Despite the uncertainty surrounding the upcoming tariff deadline, ETF investors seem to be maintaining their composure. While Trump&#8217;s return to tariff diplomacy has reignited diplomatic turmoil and corporate jitters, ETF performances have been surprisingly <a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/06/46180782/trumps-tariff-clock-ticks-but-taco-traders-arent-losing-their-cool">resilient</a>.
Over the past six months, country-specific ETFs that are linked to halted negotiations, KraneShares CSI China Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KWEB#NYSE">KWEB</a>) surged 19.53%, iShares MSCI India ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/INDA#BATS">INDA</a>) rose 4.27% while Global X FTSE Southeast Asia ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASEA#NYSE">ASEA</a>), climbed 2.13%.
<ul class="wp-block-list">
<li>READ MORE:<a href="https://www.benzinga.com/news/politics/25/06/46163327/trump-starmer-trade-deal-kicks-in-uk-luxury-cars-get-10-tariff-rolls-royce-engines-fly-duty-free-into-us"> Trump–Starmer Trade Deal Kicks In: UK Luxury Cars Get 10% Tariff, Rolls-Royce Engines Fly Duty-Free Into </a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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Iron Horse Acquisitions

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ベンジンガ・グローバル