Microvast Holdings 株価情報 (NASDAQ: MVST)

最新ニュース Microvast Holdings (NASDAQ:MVST) 株価情報

Microvast Holdings

Microvast Holdings Inc is a technology innovator that designs, develops, and manufactures lithium-ion battery solutions. It is renowned for its cutting-edge cell technology and its vertical integration capabilities which extends from core battery chemistry to battery packs.

Microvast Holdings Inc

The marketing lead for Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>), Lucie, has issued a critical warning to the SHIB community. The warning is about potential scams and the significance of self-education in the cryptocurrency space.
What Happened: Lucie shared a post on X to alert the SHIB community about the risk of scammers. She stressed that the main defense against such threats is education and informed decision-making.
Lucie pointed out that scammers typically prey on those who are uninformed and thrive on hype. She encouraged the community to ignore trends and noise, focusing instead on solid, time-tested investments. &#8220;Learn. Research. Move with purpose. No shortcuts…&#8221;, she advised.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">In the state of trenches we're living in, education is the only real weapon. Scammers thrive on hype. They prey on the uninformed. Forget the trends. Forget the noise. Only solid, time-tested investments will survive the storm. Learn. Research. Move with purpose. No shortcuts…
&mdash; 
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$SHIB

Shiba Inu Team Issues Major Anti-Scam Alert: Here's What You Need To Know

For more than two decades, a Minnesota woman managed to collect her deceased mother's <a href="https://www.benzinga.com/25/04/44775706/when-i-hear-our-politicians-say-were-not-gonna-touch-social-security-i-dont-believe-them-seniors-are-worried-about-doge-changes">Social Security benefits</a> — until a recent investigation brought the long-running scheme to an end.
<h2 class="wp-block-heading">A 25-Year Fraud Comes to Light</h2>
Mavious Redmond, 54, of Austin, Minnesota, pleaded guilty in federal court on April 9 to one count of theft of government funds. According to the U.S. Attorney's Office for the District of Minnesota, Redmond had been collecting <a href="https://www.benzinga.com/personal-finance/25/04/44785411/get-ready-for-april-16-social-security-payments-for-group-3-retirees-and-what-you-need-to-know-about-your-benefits">Social Security payments</a> meant for her mother since her passing in January 1999.
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<li>Can you guess how many retire with a $5,000,000 nest egg? <a href="https://www.benzinga.com/money/5mil-nest-egg-adv">The percentage may shock you</a>.</li>
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Instead of notifying the Social Security Administration of her mother's death, Redmond kept the payments flowing for 25 years, totaling more than $360,000.
"We are awash in federal programs fraud," said Acting U.S. Attorney Lisa D. Kirkpatrick in a <a href="https://www.justice.gov/usao-mn/pr/austin-woman-pleads-guilty-25-year-social-security-fraud-scam">&nbsp;statement</a>. "Redmond stole well more than a quarter million dollars in taxpayer funds. She scammed Social Security for literal decades. No more. My office will continue to aggressively pursue the federal programs fraud that plagues Minnesota."
<h2 class="wp-block-heading">Posing as Her Deceased Mother</h2>
The fraud came to a head in 2024 when Redmond took extraordinary steps to keep the deception going. According to court documents, she impersonated her deceased mother at least twice in person at a local Social Security office.
Trending: It&#8217;s no wonder Jeff Bezos holds over $250 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a>
On June 4, Redmond submitted a fraudulent Social Security application under her mother's name. She used her mother's personal details, including her date of birth and Social Security number, and even forged her mother's signature. Just over two weeks later, she returned to the office and submitted the paperwork again.
These actions helped investigators confirm the extent of the fraud. The case was led by the SSA's Office of the Inspector General, according to Kirkpatrick's statement.&nbsp;
<h2 class="wp-block-heading">Charges and Next Steps</h2>
Redmond entered her guilty plea in U.S. District Court before Judge Nancy E. Brasel. While sentencing has not yet been scheduled, the charge of theft of government funds carries serious penalties, including the possibility of prison time, a court order to pay a fine of several thousand dollars, or both.
See Also: Hasbro, MGM, and Skechers trust this AI marketing firm — <a href="https://www.benzinga.com/money/rad-intel">invest pre-IPO from $0.60 per share now</a>.
<h2 class="wp-block-heading">Broader Concerns About Program Abuse</h2>
This case highlights growing concerns about <a href="https://www.benzinga.com/25/04/44769836/the-social-security-administration-claps-back-at-musk-the-agencys-records-are-highly-accurate">fraud in federal benefit programs</a>, particularly as government agencies work to modernize their oversight systems and prevent long-term abuse.
The SSA has safeguards in place to detect inconsistencies in benefit claims, but this case shows how determined individuals can still slip through the cracks, even for decades.
While most retirees and beneficiaries follow the rules, cases like this can raise questions about oversight, fairness, and how taxpayer dollars are protected. It's also a reminder of how important it is to report the death of a family member receiving benefits — and to avoid any temptation to continue collecting payments after that point.
The consequences, as Redmond's case shows, can be serious and long-lasting.
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<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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Image: Shutterstock

Personal Finance

She Collected Her Mom's Social Security For 25 Years — Now She's Facing Justice

Billionaire Mark Cuban recently highlighted the potentially fatal repercussions of President Donald Trump&#8216;s ongoing tariff war.
What Happened: Cuban, who owns a pharmaceutical company that provides prescription drugs at a substantial discount, voiced his apprehension that the President&#8217;s trade war could drive up the prices of essential medications. 
In a post on X, Cuban said, &#8220;It&nbsp;will get ugly. They also&nbsp;are important to the manufacturers&nbsp;of medications. People could die.&#8221; 
Cuban also took a jab at those who endorse tariffs but do not strictly purchase American-made goods, branding them as hypocrites. He encouraged them to set an example by backing American manufacturing.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">It will get ugly. They also are important to the manufacturers of medications. People could die
&mdash; Mark Cuban (@mcuban) <a href="https://twitter.com/mcuban/status/1911499938086658140?ref_src=twsrc%5Etfw">April 13, 2025</a></blockquote>
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On the other hand, China&#8217;s leader Xi Jinping has voiced his resistance to the trade war, underlining that no one emerges victorious in such a situation. Despite some tariffs being put on hold, Trump has upheld a 145% duty on China, the globe&#8217;s second-largest economy.
Also Read: <a href="https://www.benzinga.com/tech/25/02/43424157/mark-cuban-suggests-20-minute-daily-habit-to-destabilize-musk-zuckerberg-and-even-president-trump" target="_blank" rel="noreferrer noopener">Mark Cuban Suggests 20-Minute Daily Habit to ‘Destabilize&#8217; Musk, Zuckerberg, and Even President Trump</a>
Trump has also refuted allegations that he has approved tariff exemptions for specific electronics, including smartphones, asserting that these&nbsp;products are subject to the&nbsp;current 20% Fentanyl Tariffs and are simply being shifted to a different tariff category.
Regardless of the inconsistent approach to tariffs,&nbsp;White House advisers and Cabinet&nbsp;members have endeavored to convey confidence and tranquility, even as Trump&#8217;s recent pronouncements indicate changing narratives.
Why It Matters: The escalating trade war could have far-reaching implications on the global economy and the healthcare sector. The hike in tariffs could lead to an increase in the cost of life-saving medications, posing a significant risk to patients who rely on these drugs. 
Moreover, the trade war could also potentially disrupt the supply chain of pharmaceutical companies, further exacerbating the situation. 
The ongoing trade tensions between the U.S. and China continue to create uncertainty, impacting global markets and economies.
Read Next
<a href="https://www.benzinga.com/news/25/03/44211508/mark-cuban-once-questioned-whether-donald-trump-is-really-a-billionaire">Mark Cuban Once Questioned Whether Donald Trump Is Really a Billionaire</a>
Image: Shutterstock

Politics

Mark Cuban Sounds Alarm Over Impact of Trump's Tariff War: 'People Could Die'

Popular tech YouTuber Zack Nelson, better known as JerryRigEverything, just called out Elon Musk for a bold promise that hasn't aged well. In a <a href="https://x.com/ZacksJerryRig/status/1912150669659873694">post</a> on X, he shared a screenshot showing that his 2018 Tesla Model X is now worth just $22,400. That's about 20% of what he paid for it, despite Musk&#8217;s claim that Teslas with Full Self-Driving would appreciate over time.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I remember when <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@ElonMusk</a> said my <a href="https://twitter.com/Tesla?ref_src=twsrc%5Etfw">@Tesla</a> with FSD was an appreciating asset. Here we are 7 years later at 20% of its original value. &#x1f62a; <a href="https://t.co/QyJgEmxxLe">pic.twitter.com/QyJgEmxxLe</a>
&mdash; JerryRigEverything (@ZacksJerryRig) <a href="https://twitter.com/ZacksJerryRig/status/1912150669659873694?ref_src=twsrc%5Etfw">April 15, 2025</a></blockquote>
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<h2 class="wp-block-heading">The &#8220;Appreciating Asset&#8221; Pitch</h2>
Back in 2019, Musk said buying a Tesla was an investment, not an expense. &#8220;If you buy a Tesla today, I believe you are buying an appreciating asset – not a depreciating asset,&#8221; he <a href="https://www.youtube.com/watch?v=dEv99vxKjVI&amp;t=924s">claimed</a>. The idea was that Tesla would keep raising the price of its FSD package, making used Teslas more valuable.
But reality has gone in the opposite direction. Tesla has <a href="https://www.benzinga.com/news/24/04/38351810/tesla-fsd-is-now-nearly-50-cheaper-than-when-elon-musk-called-it-very-low-just-under-a-year-ago">cut the price of FSD</a> multiple times since 2023, and used Teslas are now losing value three times faster than the average car, according to recent market data.
In replies to the YouTuber&#8217;s post, many Tesla owners shared similar frustrations. Some said they &#8220;drank the Kool-Aid too&#8221; and bought more than one Tesla and saw each of them lose around half their original value. Others criticized Tesla for prioritizing its future robotaxi network instead of completing promised FSD features &#8220;they sold us years and years ago.&#8221;
Trending: <a href="https://www.benzinga.com/money/investing-in-the-midwest-why-multifamily-real-estate-is-a-winning-strategy">This investment company boasts a 33.85% internal rate of return (IRR) for its realized projects, allowing accredited investors to earn passive returns and avoid the headaches of being a landlord.</a>
<h2 class="wp-block-heading">A Decade of Missed Targets</h2>
Musk has been overly optimistic about autonomy for years. At a 2015 Nvidia <a href="https://youtu.be/TDm6Snkle70?si=tweh-Du3cwT1dhuW&amp;t=619">conference</a>, he said <a href="https://www.benzinga.com/news/25/03/44458804/elon-musk-10-years-ago-called-autonomous-driving-a-solved-problem-said-we-will-be-there-in-a-few-years">self-driving was a &#8220;solved problem&#8221;</a> and predicted that fully autonomous cars would arrive in just a few years.
That timeline has repeatedly slipped. On a recent <a href="https://www.youtube.com/live/Gub5qCTutZo?si=slieCXQlJmjiVkM4&amp;t=2806">earnings call</a>, Musk finally admitted that Tesla's current hardware isn't enough to make full autonomy a reality. He said the realization was &#8220;absolutely painful and difficult.&#8221;
Ross Gerber, one of Tesla&#8217;s early investors, <a href="https://www.benzinga.com/25/03/44068902/tesla-fsd-like-a-12-year-old-driving-compared-to-waymo-says-ross-gerber-warning-uber-has-got-to-be-hurting">summed it up bluntly</a> in a recent post: &#8220;My Tesla FSD is like a 12-year-old driving next to a Waymo.&#8221;
See Also: <a href="https://www.benzinga.com/money/elon-musk-told-the-u-n-if-they-could-show-a-plan-for-ending-world-hunger-hed-donate-6-billion-i-will-sell-tesla-stock-right-now-and-do-it">Elon Musk Told The U.N. If They Could Show A Plan For Ending World Hunger He'd Donate $6 Billion – ‘I Will Sell Tesla Stock Right Now And Do It'</a>
<h2 class="wp-block-heading">Still Waiting</h2>
Despite Musk's original vision of consumer-owned Teslas becoming income-generating robotaxis, the company is now shifting to a <a href="https://www.benzinga.com/markets/equities/25/03/44488029/tesla-teases-robotaxi-launch-in-texas-but-industry-veterans-question-safety-and-readiness-if-a-company-were-serious">small geo-fenced fleet in Austin, Texas</a>. Meanwhile, customers who paid thousands for FSD are left with a driver-assist system that still requires constant supervision.
Even some loyal fans are starting to lose patience. As one commenter put it: &#8220;The man is a genius at marketing to people on the spectrum. How on earth would any machine with as many moving parts as a car possibly appreciate in value?&#8221;
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Image: Shutterstock

Popular YouTuber JerryRigEverything Says Elon Musk Promised His Tesla With FSD Would Gain Value. Seven Years Later, It's Worth Just 20%

A California couple is spending between $1,000 and $1,200 a month on groceries for just the two of them. Now, with a baby on the way, they&#8217;re trying to figure out whether that number is totally normal — or totally out of control.
<h2 class="wp-block-heading">Is This a Problem or Just Reality in 2025?</h2>
They cook nearly every meal at home, shop around for deals at stores like Trader Joe&#8217;s, Aldi, Costco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) and Grocery Outlet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GO#NASDAQ">GO</a>), and avoid eating out except for a few meals each month. Their diet is mostly whole foods with minimal meat and processed items. The husband lifts weights and consumes a lot of calories, while the wife occasionally buys organic produce. They also avoid processed foods for health reasons.
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<li>The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"> How do you compare</a>?</li>
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&#8220;We bring home 215k a year, so we&#8217;re not hurting,&#8221; the poster <a href="https://www.reddit.com/r/budget/comments/1jnrzm8/spending_1000_1200_a_month_on_groceries_for_two/">wrote</a> on Reddit&#8217;s r/budget subreddit. &#8220;But we have a baby on the way, so we&#8217;re making sure every part of our budget is tight.&#8221;
<h2 class="wp-block-heading">Are They Overspending, or Is This the New Normal?</h2>
The post quickly drew hundreds of responses. Some people were shocked by the number, saying they feed families of four or five for the same amount. Others said that in high-cost-of-living areas like California, $1,000 a month for two adults who eat every meal at home isn&#8217;t outrageous.
Several commenters pointed out that household items — like detergent, paper towels and toiletries — might be sneaking into that total without them realizing it. Others noted that higher-calorie diets, like those required by athletes or weightlifters, can significantly increase grocery bills.
&#8220;The gym guy piece really explains the $1000. Probably having pre-workout and post-workout, high protein, and higher calorie intake.&#8221;
Trending: It&#8217;s no wonder Jeff Bezos holds over $250 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a>
A few posters said they spend far less by planning meals around sales, <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">buying in bulk</a>, and sticking to simpler <a href="https://www.benzinga.com/personal-finance/24/12/42347607/eat-only-beans-and-rice-says-dave-ramsey-heres-why-some-people-still-dont-get-what-hes-trying-to-say">meals like rice, beans</a> and frozen vegetables. One person claimed to feed two adults on $250 a month by using raw ingredients and avoiding name brands altogether.
But not everyone agreed that $1,200 was excessive. Some who eat similarly clean, minimally processed diets said they spend the same or even more — and feel fine about it.
&#8220;If you can afford it, then no big deal, I guess,&#8221; one user commented. &#8220;But it is all totally not necessary. You make your choice for what makes you happy, though.&#8221;
See Also: Hasbro, MGM, and Skechers trust this AI marketing firm — <a href="https://www.benzinga.com/money/rad-intel">invest pre-IPO from $0.60 per share now</a>.
<h2 class="wp-block-heading">The Verdict? It Depends</h2>
Ultimately, the responses boiled down to one thing: It depends. On where you live. On how much you eat. On whether you&#8217;re buying organic. On whether you&#8217;re including non-food items in your grocery total. And on how much you&#8217;re willing to prioritize food quality over cost.
One of the most repeated suggestions was to <a href="https://www.benzinga.com/money/expense-tracker">track your spending</a> line by line for a month and see where the money is actually going. You might find some surprises hiding in your cart.
And if it still adds up to $1,200? Well, maybe that's just what it takes to eat well in 2025 — especially in California.
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<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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Image: Shutterstock

COST

A Couple In California Is Spending $1,200 A Month On Groceries For Two. Now They're Wondering, 'Is This Crazy?'

Billionaire&nbsp;Warren Buffett&nbsp;once shared his insights on achieving success, emphasizing the importance of recognizing personal strengths, choosing the right partners, and not fearing mistakes.
What Happened: Buffett, who became&nbsp;a millionaire by age 32, attributed his success to his first job of selling Coca-Cola bottles door-to-door. He advised Gen Zers to identify their strengths and surround themselves with the right people, emphasizing the importance of intelligence, energy, and integrity in a work partner.
Buffett also highlighted the significance of embracing mistakes, a message that may resonate with Gen Zers who have faced career challenges due&nbsp;to the pandemic and economic&nbsp;uncertainty.
"Figure out what your strengths are and then pick the right people and don't be afraid of making mistakes," Buffett&nbsp;<a href="https://www.instagram.com/cbssundaymorning/reel/DGqR78rOelc/">told </a>CBS News.
Buffett&#8217;s long-lasting partnership with Charlie Munger, who served&nbsp;as vice chairman of Berkshire&nbsp;Hathaway until his death in 2023, was cited as an example of a successful business relationship. The billionaire investor stressed that the right business partner can significantly impact one&#8217;s success.
Also Read: <a href="https://www.benzinga.com/markets/25/04/44778463/warren-buffetts-wealth-grows-even-amid-tariff-war-and-global-market-turmoil">Warren Buffett&#8217;s Wealth Grows Even Amid Tariff War and Global Market Turmoil</a>
He also mentioned the importance of investing in oneself, stating that the path to wealth is akin to a &#8220;choose your own adventure&#8221; journey.
"Every time I'm with Charlie, I've got at least some new slant on an idea that causes me to rethink certain things. We've had so much fun in the partnership over the years," Buffett&nbsp;said. 
Why It Matters: Buffett&#8217;s advice comes at a crucial time when Gen Zers are navigating their way through career paths amidst a challenging economic landscape. His emphasis on recognizing personal strengths and choosing the right partners provides a roadmap for young professionals seeking to carve their niche in the professional world.
Furthermore, his message of embracing mistakes resonates with the current generation that has faced unprecedented career challenges due to the pandemic. This advice could potentially inspire Gen Zers to view their mistakes as learning opportunities rather than setbacks.
The billionaire&#8217;s emphasis on the importance of investing in oneself underscores the need for continuous learning and personal development, a crucial aspect in today&#8217;s rapidly evolving professional landscape.
Read Next
<a href="https://www.benzinga.com/news/25/03/44067936/warren-buffett-says-this-is-the-most-important-financial-decision-and-its-not-investing">Warren Buffett Says This Is the Most Important Financial Decision — and It&#8217;s Not Investing</a>
Image: Shutterstock/Maryna Linchevska

Success Stories

Warren Buffett's Success Mantra for Gen Z: 'Figure Out What Your Strengths Are, Then Pick the Right People and Don't Be Afraid of Making Mistakes'

If you're <a href="https://www.benzinga.com/money/real-estate-forecast-for-the-next-10-years">watching the housing market</a> closely, here's something to pay attention to: Builders are sitting on more unsold homes than we've seen since the Great Recession. And that's leading to something pretty rare in <a href="https://www.benzinga.com/real-estate">real estate — real deals</a>.
Thanks to years of aggressive building during the post-pandemic housing boom, combined with today's higher mortgage rates and affordability challenges, some builders are sitting on a glut of "spec homes" — move-in ready properties built without a buyer lined up. 
To move these homes, they're offering major incentives: we're talking lower interest rates (thanks to mortgage rate buydowns), credits toward closing costs, and even cash for upgrades. In some areas, prices are dropping by tens of thousands of dollars, according to a Yahoo Finance <a href="https://finance.yahoo.com/news/builders-sitting-on-a-pile-of-unsold-homes-are-slashing-prices-and-offering-mortgage-rate-deals-140058365.html">report</a>.
See Also: <a href="https://www.benzinga.com/markets/25/04/44861156/america-first-is-ok-but-not-america-alone-says-jamie-dimon-as-he-calls-for-us-china-engagement-amid-trade-tensions-start-with-a-phone-call">&#8216;America First Is OK, But Not America Alone,&#8217; JPMorgan CEO Jamie Dimon Says</a>
But — and it's a big but — this isn't happening everywhere. Markets like Texas, Florida, and parts of Arizona, where <a href="https://www.benzinga.com/money/how-buy-new-construction-home">new construction homes</a> have exploded in recent years, are seeing the biggest discounts. Think of suburbs around Austin or San Antonio, where buyers have scored five-figure price cuts, plus perks like new appliances and upgraded finishes. Meanwhile, more land-constrained areas like coastal California or parts of the Midwest still have limited inventory and red-hot demand. There? Prices are holding firm.
It's a tale of two markets: one where buyers can finally flex some negotiating power, and another where bidding wars are still the norm.
Builders are walking a fine line right now — clearing out inventory while bracing for the next wave of economic uncertainty. That's why they're prioritizing flexibility. Many are shifting to spec home construction. This is not just to meet buyer demand for quick move-ins, but also to get ahead of potential tariff hikes and rising labor costs.
So what does this mean if you're house hunting in 2025? If you're in the right market — or willing to move to one — you might find a new construction home that's suddenly within reach. But don't wait too long. As inventory gets cleared out, the leverage may swing back to sellers sooner than you think.
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Image: Shutterstock

Financial Advisors

Real Estate

Homebuilders Are Slashing Prices — But Only In Certain Markets

During the formative years of&nbsp;Netflix Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), co-founders Marc Randolph and Reed Hastings made a bold decision to decline an acquisition proposal from Jeff Bezos, the founder of&nbsp;Amazon Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>).
What Happened: According to a recent interview, Hastings&nbsp;said that Bezos had shown interest in buying Netflix in 1998, as part of Amazon&#8217;s strategy to expand into the video market. "It never got to, like, a formal offer. It was sort of exploratory," he <a href="https://www.youtube.com/watch?v=2ES_G88EG8Y">said</a>.&nbsp;
"We said no and then worked our a &#8212; off for 20 years," Hastings said.
While no official offer was put forth, Bezos&#8217; team suggested a price in the low eight figures, which Randolph estimated to be&nbsp;between $14 million and $16&nbsp;million, according to&nbsp;his 2019 memoir, &#8220;That Will&nbsp;Never Work.&#8221;
"When someone uses ‘low eight figures,' that means barely eight-figures. That means probably something between $14 million and $16 million," Randolph wrote in the memoir. 
Also Read: <a href="https://www.benzinga.com/tech/25/04/44780229/decoding-jeff-bezos-unique-amazon-interview-question-a-key-to-hiring-success">Decoding Jeff Bezos&#8217; Unique Amazon Interview Question: A Key To Hiring Success?</a>
Despite facing financial difficulties, the Netflix co-founders believed they were on the brink of a major breakthrough. They had successfully sourced nearly every DVD available, positioning Netflix as the top online source for DVDs. As a result, they turned down Bezos&#8217; offer.
In a twist of fate, Randolph and Hastings&nbsp;found themselves in a similar&nbsp;predicament with Blockbuster in 2000,&nbsp;but this time they were&nbsp;the ones seeking a deal. However, Blockbuster&#8217;s CEO, John Antioco, did not take their proposal seriously.
Why It Matters: Today, Netflix has grown into a global video streaming and production giant&nbsp;with a market cap of&nbsp;$411.34 billion and over 300 million subscribers worldwide. 
The decision to reject Bezos&#8217; early acquisition offer has clearly paid off, allowing Netflix to carve out its own path in the industry and become a leader in the streaming market.
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Image: Shutterstock/Daniel Avram

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Jeff Bezos Once Tried to Buy Netflix, Co-Founder Says: 'We Said No and Then Worked Our A-- Off for 20 Years'

Jeffrey Epstein, the infamous&nbsp;financier, was allegedly offered a&nbsp;plea deal by federal prosecutors.&nbsp;The deal was contingent on&nbsp;Epstein providing information on President Donald Trump, <a href="https://www.benzinga.com/news/24/11/41703154/michael-wolff-on-donald-trump-jeffrey-epstein-relationship">as claimed by Epstein&#8217;s former cellmate.</a>
What Happened Epstein&#8217;s&nbsp;ex-cellmate, Nicholas Tartaglione, made the&nbsp;startling claim that Epstein was&nbsp;offered the&nbsp;opportunity to plead guilty to&nbsp;a lesser charge in exchange&nbsp;for&nbsp;information that could potentially lead&nbsp;to Trump&#8217;s impeachment.
Facing serious charges such as sex trafficking of minors and sexual exploitation, Epstein allegedly disclosed the details of the deal after a meeting with federal prosecutors, as reported <a href="https://nypost.com/2025/01/18/us-news/feds-offered-jeffrey-epstein-a-deal-for-dirt-on-trump-ex-cellmate/">by</a> The New York Post.
He was quoted as saying, "They told me they'd&nbsp;let me plead out something&nbsp;small, and I'll&nbsp;do just a couple of&nbsp;years in a camp, if&nbsp;I can give them something&nbsp;on Trump to get him&nbsp;impeached."
Also Read:&nbsp;<a href="https://www.benzinga.com/news/24/05/38630738/jeffrey-epsteins-second-black-book-is-up-for-sale-and-it-contains-the-names-of-over-200-previously-u" target="_blank" rel="noreferrer noopener">Jeffrey Epstein's Second ‘Black Book' Is Up For Sale — And It Contains The Names Of Over 200 Previously Undisclosed People, Including Carl Icahn</a>
According to Tartaglione,&nbsp;Epstein contemplated fabricating information to&nbsp;save himself, admitting he didn&#8217;t possess&nbsp;any significant information about Trump.&nbsp;Epstein&#8217;s relationship with Trump was reportedly purely social.
&#8220;He says, but the government told me I don&#8217;t have to prove what I say about Trump, as long as Trump&#8217;s people can&#8217;t disprove it,&#8221; Tartaglione told the outlet adding that Epstein considered &#8220;making stuff up&#8221; to save his skin.
However, no other source has corroborated Tartaglione&#8217;s allegations, and representatives&nbsp;for Manhattan federal prosecutors have&nbsp;declined to comment on these&nbsp;claims. The veracity of these claims remains unconfirmed.
Why It Matters: This revelation, if true, could&nbsp;have significant implications on the political landscape. It suggests that federal prosecutors were willing to offer leniency to a person facing serious criminal charges in exchange for politically damaging information. 
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Image: Shutterstock/Copyright Lawrey

Ex-Cellmate Says Epstein Was Offered Plea Deal for Information on Trump: 'Give Them Something on Trump To Get Him Impeached'

<ul>
<li>Chinese officials are arguing for cryptocurrency regulations to deal with seized assets.</li>
<li>Despite a trading ban, Chinese local governments have reportedly been selling seized crypto assets through private companies.</li>
<li>While mainland China continues to uphold its cryptocurrency ban, Hong Kong is pushing to become a cryptocurrency hub.</li>
</ul>
Once the leading cryptocurrency trading and mining hub, China has long ceded its dominance to the U.S. following a series of suppressive regulatory measures, including <a href="https://www.benzinga.com/markets/cryptocurrency/21/09/23087129/chinas-new-crypto-ban-is-10-days-old-but-panic-sellers-send-bitcoin-to-40-900">a blanket ban in 2021</a>.
Now, nearly four years later, the Asian economic giant may be considering a potential softening of its treatment of cryptocurrencies, but not for the reasons many would have anticipated.
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<h2 class="wp-block-heading">Judicial Recognition</h2>
According to a Reuters <a href="https://www.reuters.com/world/china/china-debates-how-handle-criminal-crypto-cache-2025-04-15/?utm_source=reddit.com#:~:text=But%20local%20governments%20have%20been,court%20documents%20seen%20by%20Reuters.">report</a>, Chinese law enforcement officials, lawyers and financial industry participants are pushing for some judicial recognition of cryptocurrencies as assets in a potential landmark shift for the country&#8217;s cryptocurrency industry.
The calls come as the country sees a spike in cryptocurrency asset seizures from criminal cases. The lack of clear rules on how to handle these seizures is raising corruption concerns.
So far, Chinese local governments have been selling these seized cryptocurrencies for cash through private firms to shore up their coffers amid an economic slowdown. Specifically, the assets are sold for U.S. dollars in foreign markets and converted into yuan by local banks before being transferred to local government accounts holding public funds.
Trending: It&#8217;s no wonder Jeff Bezos holds over $250 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a>
Using this method, a local technology company, Jiafenxiang, has sold over 3 billion yuan, or about $41 million, worth of cryptocurrency assets on behalf of three local governments, Xuzhou, Hua&#8217;an, and Taizhou, since 2018.
But most officials argue that current methods are inconsistent and opaque, with at least one expert arguing that the sales go against the country&#8217;s ban on crypto trading. In a January <a href="https://mp.weixin.qq.com/s?__biz=MzAxNDQwNzcyMA==&amp;mid=2651048531&amp;idx=1&amp;sn=1c3ae30bfa1e490f55fab0c0c883d68d">seminar</a> on the issue, officials reportedly suggested everything from establishing clear guidelines to a strategic reserve <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44184474/trump-announced-strategic-bitcoin-reserve-to-allow-buying-additional-btc-peter-schiff-doesnt-think-so-but-heres-what-the-order-says">like the Trump administration</a>, all of which could be a boon for the industry by paving the way for greater adoption.
Nonetheless, the amount of cryptocurrency assets the Chinese government holds is debatable. While Bitbo Treasuries <a href="https://treasuries.bitbo.io/countries/">suggests</a> that the country has 194,000 BTC worth over $16 billion, most of which <a href="https://www.benzinga.com/markets/cryptocurrency/22/11/29582013/china-holds-6-billion-worth-of-crypto-could-kill-crypto-markets-if-it-wishes-analyst">were seized from the PlusToken scam</a>, Bitcoin investment firm River <a href="https://river.com/learn/who-owns-the-most-bitcoin/">indicates</a> that the government only holds 15,000 BTC worth about $1.4 billion.
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The disparity comes as some analysts <a href="https://x.com/ki_young_ju/status/1882328830649799039?t=yLO3EB6HMMEK3-ljETwTzg&amp;s=19">suggest</a> that China has since disposed of Bitcoin assets seized from the PlusToken Ponzi scheme. According to conflicting data, China is either the country with the second largest or 14th largest Bitcoin holdings.
While mainland China continues to uphold its cryptocurrency ban, Hong Kong is pushing to become a cryptocurrency hub. The special administrative region of China <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38219730/hong-kong-poised-to-approve-spot-bitcoin-and-spot-ether-etfs-report">has approved several spot Bitcoin and Ethereum exchange-traded funds</a> and <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42560364/hong-kong-approves-four-new-crypto-exchanges-positioning-itself-as-a-key-hub-expert-says">issued licenses to several cryptocurrency exchanges</a>.
Whether the mainland will eventually follow a similar path, especially as the U.S. seeks to take the lead in the sector under Trump, remains to be seen. But legal recognition of the assets could be a good start.
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China Set To Give Crypto Legal Recognition? Dumping of Seized Assets To Navigate Economic Slowdown Sparks Debates

These mid-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>Webull Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BULL#NASDAQ">BULL</a>) shares escalated 119.05%. The stock debuted on the <a href="https://www.benzinga.com//node/44876727" target="_blank" rel="noreferrer noopener">Nasdaq earlier last week</a>.</li>
<li>Hertz Global Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>) shares skyrocketed 99.03% after Bill Ackman&#8217;s Pershing Square Capital Management filed an amended 13F showing that the firm purchased 12.71 million shares of the rental car company as of Dec. 31, representing <a href="https://www.benzinga.com//node/44853443" target="_blank" rel="noreferrer noopener">a stake of approximately 4.1%</a>.</li>
<li>Metsera, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTSR#NASDAQ">MTSR</a>) stock is jumping 49.62% after Pfizer, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>) discontinued <a href="https://www.benzinga.com//node/44790653" target="_blank" rel="noreferrer noopener">the development of danuglipron</a>.</li>
<li>Vista Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIST#NYSE">VIST</a>) shares surged 35.52% after the company announced it acquired Petronas E&amp;P Argentina through a mixed transaction consisting of $900 million in cash, $300 million in deferred payments, and <a href="https://www.benzinga.com//node/44848713" target="_blank" rel="noreferrer noopener">approximately 7.3 million ADS units</a>.</li>
<li>Certara, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CERT#NASDAQ">CERT</a>) stock upped 34.63% after the company issued a year-over-year increase in its first-quarter revenue guidance and announced a $100 million share repurchase program. Additionally, the company announced it launched a non-animal navigator solution to help drug developers <a href="https://www.benzinga.com//node/44798103" target="_blank" rel="noreferrer noopener">reduce reliance on animal testing.</a></li>
<li>Sibanye-Stillwater (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SBSW#NYSE">SBSW</a>) shares 27.76%, probably amid a rally in the value of the commodity past the price of $3300 and towards an all-time high.</li>
<li>Banco Macro (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMA#NYSE">BMA</a>) stock increased 27.71%.</li>
</ol>
Photo by via Shutterstock

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Hertz Global And Webull Stocks Are Among Top Mid-Cap Gainers Last Week (Apr 14-Apr 18): Are The Others In Your Portfolio?

Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO Jensen Huang continued his high-level tour in China with a meeting in Shanghai on Friday, following discussions with central government <a target="_blank" href="https://www.benzinga.com/markets/25/04/44858727/jensen-huang-in-china-for-talks-as-us-tightens-nvidia-chip-restrictions-report" rel="noreferrer noopener">officials in Beijing a day earlier</a>.
The visit comes amid tightening U.S. restrictions on chip exports to China, which have created headwinds for American semiconductor firms.
Huang&#8217;s two-day itinerary included a sit-down with He Lifeng, China&#8217;s vice-premier overseeing trade relations with the U.S., in a move widely interpreted by Chinese media as a sign of Nvidia&#8217;s long-term commitment to the region, South China Morning Post <a target="_blank" href="https://www.scmp.com/news/china/diplomacy/article/3307168/nvidia-boss-jensen-huang-meets-shanghai-mayor-wake-new-us-export-controls-chips" rel="noreferrer noopener">reports</a>.
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On Friday, Shanghai Mayor Gong Zheng welcomed Huang, highlighting the city&#8217;s investor-friendly policies and industrial strength.
Huang, in turn, called Shanghai a vital part of Nvidia&#8217;s global research and development footprint, citing the city&#8217;s market scale, sophisticated client base, and mature tech ecosystem as core advantages, the report adds.
Huang emphasized the transformative potential of artificial intelligence, advocating for stronger global cooperation to harness its benefits.
He reiterated Nvidia&#8217;s intention to maintain robust ties with Chinese partners and encouraged cross-border collaboration to drive innovation and prosperity.
The visit comes at a pivotal moment for Nvidia.
The company&#8217;s stock has slipped nearly 25% over the last quarter. Meanwhile, the U.S. government recently announced that Nvidia would require a special license to export its H20 chips—products specifically tailored for China under prior export rules.
The new restriction could cost the company an estimated $5.5 billion in lost sales, South China Morning Post adds.
Chinese tech companies, which rely heavily on GPUs like Nvidia&#8217;s for AI training, have been ramping up infrastructure to support domestic AI development.
After the unveiling of a low-cost AI model by local startup DeepSeek, China has doubled down on building national computing hubs to compete globally.
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Image: Shutterstock/jamesonwu1972

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Nvidia's Jensen Huang Meets Shanghai Mayor Amid Fresh US Chip Curbs

Defense Secretary Pete Hegseth lost four key staffers in one day, causing a significant upheaval within the Pentagon.
What Happened: Hegseth&#8217;s Chief of Staff Joe Kasper is set to leave his position in the coming days. Kasper will, however, remain within the agency. Three other Defense aides, who were previously put on leave due to an ongoing leak investigation, were terminated on Friday.
These include senior advisor Dan Caldwell, Deputy Chief of Staff Darin Selnick, and Colin Carroll, the chief of staff to the deputy secretary of Defense. Carroll and Selnick are reportedly planning to sue for wrongful termination, <a href="https://www.politico.com/news/2025/04/18/defense-secretary-chief-of-staff-joe-kasper-departure-00299508">reports</a> Politico.
The Pentagon has been grappling with a series of leaks recently, including the disclosure of military plans and intelligence gathering activities. This upheaval comes amidst a scandal involving Hegseth and a group chat&nbsp;on Signal, an encrypted messaging&nbsp;app, where he&nbsp;shared forthcoming plans for airstrikes&nbsp;on Houthi rebel targets in&nbsp;Yemen.
One senior Pentagon official told&nbsp;the outlet that Kasper had clashed&nbsp;with the aides who were fired, indicating a personality clash. Another defense official described the situation as a &#8220;complete meltdown&#8221; reflecting on Hegseth&#8217;s leadership. A third official predicted more chaos to come.
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"There is a complete meltdown in the building, and this is really reflecting on the secretary's leadership," the other senior defense official said. "Pete Hegseth has surrounded himself with some people who don't have his interests at heart."
Hegseth was confirmed by the&nbsp;Senate by a narrow margin after facing&nbsp;allegations of rape, smelling of&nbsp;alcohol while working as a&nbsp;Fox News host, and adultery, all of which he denied.
Why It Matters: The sudden departure of four key staffers from the Pentagon, including the Chief of Staff, is a significant event that could potentially disrupt the functioning of the Defense Department. The ongoing leak investigation and the scandal involving Hegseth&#8217;s sharing of sensitive military plans have already put the Pentagon under a spotlight. 
The loss of these staffers, coupled with the potential legal action from the terminated aides, could further escalate the situation. 
The turmoil within the Pentagon could also have implications for national security, given the department&#8217;s crucial role in defense and intelligence. The situation warrants close monitoring in the coming days.
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Image: Shutterstock/Jeremy Christensen

'There Is Complete Meltdown in the Building': Defense Secretary Loses Four Key Staffers in a Single Day

Kevin O&#8217;Leary, the investor perhaps best known for his sharp takes on ABC&#8217;s &#8220;Shark Tank,&#8221; is betting big on North Dakota. And he believes the state is poised to take the top spot in America for wealth per person.
&#8220;I believe that the people of North Dakota are the Norwegians of America because their net worth per capita is going to be No. 1 in the U.S. soon,&#8221; O&#8217;Leary recently <a href="https://x.com/kevinolearytv/status/1912661740992844103">posted</a> on X. &#8220;They have so much wealth in the ground and there are only 750,000 of them!&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I believe that the people of <a href="https://twitter.com/hashtag/NorthDakota?src=hash&amp;ref_src=twsrc%5Etfw">#NorthDakota</a> are the <a href="https://twitter.com/hashtag/Norwegians?src=hash&amp;ref_src=twsrc%5Etfw">#Norwegians</a> of America because their net worth per capita is going to be #1 in the <a href="https://twitter.com/hashtag/US?src=hash&amp;ref_src=twsrc%5Etfw">#US</a> soon. They have so much wealth in the ground and there are only 750k of them! <a href="https://t.co/FGYhpjdye8">https://t.co/FGYhpjdye8</a>
&mdash; Kevin O&#39;Leary aka Mr. Wonderful (@kevinolearytv) <a href="https://twitter.com/kevinolearytv/status/1912661740992844103?ref_src=twsrc%5Etfw">April 17, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
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<h2 class="wp-block-heading">From Shark Tank to Statewide Investments</h2>
O&#8217;Leary&#8217;s confidence isn't just talk. Through his Wonder Fund North Dakota, he&#8217;s managing a $45 million investment initiative focused on <a href="https://www.benzinga.com/money/how-to-invest-in-startups">early-stage companies</a>, according to the O&#8217;Leary Ventures <a href="https://olearyventures.com/north-dakota/">website</a>. The fund is part of the State Small Business Credit Initiative and aims to unlock even more private capital for local startups.
O&#8217;Leary&#8217;s North Dakota journey began nearly a decade ago with an $80,000 investment in Fargo-based PRx Performance—one of the most successful pitches in Shark Tank history. &#8220;That really opened me up to the possibilities of what we can do in Fargo, Bismarck, and everywhere else in North Dakota,&#8221; O&#8217;Leary told <a href="https://fargoinc.com/mr-wonderful-sees-big-things-in-north-dakota/">Fargo INC!</a> in 2023.
But O&#8217;Leary says the real draw is the state's business-friendly environment. &#8220;I would never do a fund like this in New York, New Jersey, Massachusetts, or California,&#8221; he said. &#8220;Those states are uninvestable&#8230; North Dakota is very competitive, particularly now.&#8221;
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He credits the state's pro-business policies, remote work advantages, and stable government as key factors in attracting capital. &#8220;This is a golden period for North Dakota, it really is,&#8221; O&#8217;Leary told Fargo INC!. &#8220;It's going to come out swinging as a competitive state. It's no longer just Texas or Florida anymore.&#8221;
<h2 class="wp-block-heading">Wonder Fund: Where the Money&#8217;s Going</h2>
The Wonder Fund is multisector but focused on tech, agriculture, agtech, land, and energy—especially projects that sequester carbon. O&#8217;Leary says the goal is not only to invest state money wisely, but also to attract 10 to 30 times more capital alongside it.
Transparency is also a major part of the strategy. The fund gives state officials real-time access to detailed data on every investment. &#8220;As a fiduciary, I feel the best thing to do is to shine a light on everything,&#8221; O&#8217;Leary said.
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<h2 class="wp-block-heading">The Legacy Fund Connection</h2>
O&#8217;Leary&#8217;s optimism ties into the broader financial foundation being built in North Dakota. <a href="https://www.benzinga.com/news/25/02/43579036/the-worlds-largest-1-7-trillion-sovereign-wealth-fund-holds-key-lessons-for-trump-and-the-u-s-will-they-listen">Just like in Norway</a>, the state's $11 billion Legacy Fund, a sovereign wealth fund backed by oil and gas tax revenue, is designed for long-term prosperity.
With the 2024 passage of Measure No. 3, the fund became even more future-focused. Lawmakers can now access only 5% of the fund's principal during each two-year budget cycle, down from 15%. This means more of the fund can be invested long-term, with a projected $30 million boost in earnings in just the first year.
&#8220;The Legacy Fund was created to provide financial stability and deliver sustained economic benefits for North Dakotans,&#8221; said state Rep. Glenn Bosch, vice chair of the Legacy and Budget Stabilization Fund Advisory Board.
According to the Retirement and Investment Office <a href="https://www.rio.nd.gov/news/north-dakotas-legacy-fund-sovereign-wealth-fund-designed-long-term-prosperity">website</a>, the fund has already transferred more than $1.8 billion to the general fund over the last three budget periods, helping fund infrastructure, tax relief, and other projects. Another $601 million is set to transfer in June.
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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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Image: Shutterstock

'People Of North Dakota Are The Norwegians Of America,' Says Kevin O'Leary—'Their Net Worth Per Capita To Be No. 1 In The US' Here's Why

These large-cap stocks were the worst performers in the last week. Are they in your portfolio?
<ol>
<li>UnitedHealth Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) stock dipped 23.60% after the company reported worse-than-expected first-quarter results and cut its FY25 adjusted <a href="https://www.benzinga.com//node/44860240" target="_blank" rel="noreferrer noopener">EPS guidance below estimates</a>.</li>
<li>Global Payments Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPN#NYSE">GPN</a>) shares declined 16.55% after the company announced it had bought a <a href="https://www.benzinga.com//node/44862867" target="_blank" rel="noreferrer noopener">stake in Worldpay for $6.6 billion</a>.</li>
<li>Applovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) stock decreased 9.71% after Goldman Sachs analyst Eric Sheridan cut its price <a href="https://www.benzinga.com/quote/app/analyst-ratings" target="_blank" rel="noreferrer noopener">forecast from $500 to $335</a>.</li>
<li>Humana Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUM#NYSE">HUM</a>) stock was down 8.88% on pin action after UnitedHealth Group, Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) reported worse-than-expected <a href="https://www.benzinga.com//node/44860240" target="_blank" rel="noreferrer noopener">first-quarter results</a>.</li>
<li>DaVita Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVA#NYSE">DVA</a>) shares fell 8.69% in the last week.</li>
<li>Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) stock declined 8.20% amid <a href="https://www.benzinga.com//node/44821791" target="_blank" rel="noreferrer noopener">the FTC&#8217;s antitrust trial</a>. Several analysts lowered the <a href="https://www.benzinga.com/quote/meta/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast on the stock</a>.</li>
<li>Yum China Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUMC#NYSE">YUMC</a>) shares dived 7.70%.</li>
<li>CoreWeave, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWV#NASDAQ">CRWV</a>) stock was down 7.37%.</li>
<li>Burlington Stores, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) shares fell 6.97% amid overall market weakness after Fed Chair Powell made remarks at the Economic Club.</li>
<li>Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) shares declined 6.46% after JP Morgan analyst Samik Chatterjee cut its price forecast on the <a href="https://www.benzinga.com/quote/smci/analyst-ratings" target="_blank" rel="noreferrer noopener">stock from $45 to $39</a>.</li>
<li>GlobalFoundries Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GFS#NASDAQ">GFS</a>) shares declined 6.24% after NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) said the US government recently informed that it would need a <a href="https://www.benzinga.com//node/44856114" target="_blank" rel="noreferrer noopener">license to export chips to China</a>.</li>
</ol>
Photo via Shutterstock

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These Large Cap Tech And Healthcare Stocks Had A Poor Run In Easter Week (Apr 14-Apr 18): Are These In Your Portfolio?

In the face of economic uncertainty, President Donald Trump&#8216;s approval rating <a href="https://www.benzinga.com/markets/25/02/43756824/market-instability-looms-in-trumps-second-term-warns-paul-tudor-jones-theres-no-room-for-mistakes">stands at 45%</a> in a new Gallup poll.
What Happened: Trump&#8217;s approval rating of 45% in the first quarter of his second term compates to the 41% approval rating he garnered one quarter into his first term. The average first-quarter approval rating for U.S. presidents from 1952 to 2020 stands at 60%.
An Economist/YouGov <a href="https://d3nkl3psvxxpe9.cloudfront.net/documents/econtoplines_vK1VgIr.pdf">poll</a> at 42%, down 16 points from when he took office in January.
Earlier in the month, Trump declared a 10%&nbsp;baseline tax on nearly all&nbsp;imports and higher reciprocal tariffs&nbsp;on a variety of nations. The objective of these measures is to trigger&nbsp;an American financial and manufacturing&nbsp;surge.
Also Read: <a href="https://www.benzinga.com/news/25/02/43769836/trump-gains-trust-of-majority-on-americans-on-immigration-and-economy">Trump Gains Trust Of Majority Of Americans On Immigration, Economy</a>
Despite these economic strains, Republicans seem hopeful about Trump&#8217;s economic plan. However, less&nbsp;than half of U.S. adults&nbsp;express confidence in the president&#8217;s ability to benefit the economy, as per the Gallup poll. 
The survey also disclosed that the confidence in Trump&#8217;s economic measures echoes&nbsp;the statistics from his first&nbsp;term.
Why It Matters: The rise in Trump&#8217;s approval rating amidst economic uncertainty is noteworthy. The president&#8217;s recent tariff announcement and its potential impact on the economy have been a major talking point. Yet, the increase in approval rating suggests a significant portion of the public supports his economic measures. 
This could have far-reaching implications for future economic policies and the political landscape. The Gallup poll&#8217;s revelation that confidence in Trump&#8217;s economic measures mirrors his first term statistics further underscores this point. 
It will be interesting to see how this plays out in the coming months.
Read Next
<a href="https://www.benzinga.com/news/24/11/42154761/majority-of-americans-approve-of-trumps-second-term-agenda" target="_blank" rel="noreferrer noopener">Majority of Americans Approve of Trump's Second-Term Agenda</a>

Trump's Gallup Approval Stands at 45%, Topping Same Point in First Presidency, But He's Down 16 in Economist Survey

Ukrainian President Volodymyr Zelenskyy has accused Russia of violating its declared Easter ceasefire, citing continued military activities.
What Happened: Zelenskyy revealed that Russian forces were persisting in their efforts to advance and inflict damage on Ukraine, despite Moscow&#8217;s ceasefire declaration. 
He accused Russia of attempting to fabricate an &#8220;impression&#8221; of a ceasefire, with 59 instances of Russian shelling and five assaults by Russian units already reported.
&#8220;Across various frontline directions, there have already been 59 cases of Russian shelling and 5 assaults by Russian units,&#8221; Zelenskyy wrote on X.
<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 report by Commander-in-Chief Syrskyi on the frontline as of 6:00 a.m. Across various frontline directions, there have already been 59 cases of Russian shelling and 5 assaults by Russian units. In the sector of the Starobilsk Operational Tactical Group, one combat engagement…
&mdash; Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) <a href="https://twitter.com/ZelenskyyUa/status/1913807239871111169?ref_src=twsrc%5Etfw">April 20, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
During a Kremlin meeting on Saturday, Russian President&nbsp;Vladimir Putin&nbsp;had proclaimed a cessation of all military operations from Saturday evening to Monday midnight, Moscow time. 
Also Read: <a href="https://www.benzinga.com/news/global/25/02/43769730/ukraine-raises-alarm-over-us-russia-talks-on-war-without-kyivs-involvement">Ukraine Raises Alarm Over US-Russia Talks on War Without Kyiv&#8217;s Involvement</a>
The Russian Foreign Ministry, in a Telegram post, claimed that this decision was driven by &#8220;humanitarian motives.&#8221;
However, Zelenskyy, through&nbsp;a series of social media&nbsp;updates, voiced doubt over Russia&#8217;s ceasefire intentions, asserting that Russian attacks had not ceased. He also reiterated his demand for the&nbsp;truce to be extended to&nbsp;30 days, stating that Ukraine would respond based on&nbsp;the actual situation on the&nbsp;ground.
This development comes after US President&nbsp;Donald Trump&#8216;s statement on Friday, where he expressed hesitance to mediate&nbsp;a peace deal between the&nbsp;two sides if either party proves difficult.
Why It Matters: The ongoing conflict in Ukraine has drawn international attention and concern. The skepticism expressed by Zelenskyy over Russia&#8217;s declared truce highlights the complexities and challenges in resolving this conflict. 
The Ukrainian President&#8217;s call for an extended truce underscores the urgency for a lasting solution. Meanwhile, the reluctance of the US to mediate if either party proves difficult, further complicates the path to peace. 
This situation remains fluid, with global implications hinging on the actions of the involved parties.
Read Next
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Image: Shutterstock/Tomas Ragina

Global

Ukraine's Zelenskyy Accuses Russia of Violating Easter Truce: 'There Have Already Been 59 Cases of Russian Shelling'

The past week has been a rollercoaster ride in the tech and auto industry. From&nbsp;Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) deploying its Full Self-Driving (FSD) technology at Giga Texas to autonomous trucking startup Kodiak Robotics announcing its SPAC merger, there&#8217;s a lot to catch up on.
Let&#8217;s dive into the top stories of the week.
Tesla Deploys Unsupervised FSD At Giga Texas
Tesla has started using its Unsupervised FSD technology at its Giga Texas production facility. The company&#8217;s AI handle on social media platform X demonstrated how Tesla vehicles, including the Model Y and Cybertruck, are being transported to the outbound logistics lot using this technology.
<a href="https://www.benzinga.com/tech/25/04/44787364/tesla-deploys-unsupervised-fsd-at-giga-texas-to-move-cars-from-factory-to-lot">Read the full article here.</a>
Kodiak Robotics Set To Go Public Via SPAC Merger
Kodiak Robotics, backed by George Soros and Cathie Wood, is set to go public via a merger with Ares Acquisition Corporation II (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AACT#NYSE">AACT</a>). The autonomous trucking startup, which has logged over 2.6 million autonomous driving miles, announced its intention to go public, valuing the company at over $2.5 billion.
<a href="https://www.benzinga.com/markets/equities/25/04/44809515/george-soros-cathie-wood-backed-autonomous-trucking-firm-kodiak-robotics-set-to-go-public-via-spac-merger-to-tap-4-trillion-market">Read the full article here.</a>
See Also:&nbsp;<a href="https://benzinga.com/markets/equities/25/04/44881982/elon-musks-tesla-accused-of-manipulating-odometers-to-dodge-warranty-repairs" target="_blank" rel="noreferrer noopener">Elon Musk&#8217;s Tesla Reportedly Manipulating Odometers To Dodge Warranty Repairs</a>
Tesla Loses Market Share As US EV Sales Climb
Despite the overall growth in the US electric vehicle sector, Tesla saw a decline in its market share in the first quarter. This comes amid protests at Tesla dealerships and lower sales globally, following CEO Elon Musk&#8217;s political push.
<a href="https://www.benzinga.com/25/04/44802015/us-electric-vehicle-sales-up-11-in-q1-as-tesla-declines-the-winners-and-losers">Read the full article here.</a>
Tesla Owners Face Rising Insurance Costs
Tesla owners are facing increased insurance payments in 2025. This comes as the electric vehicle company faces declining brand value and increased reports of vandalism and targeted attacks, following CEO Elon Musk&#8217;s continued political push.
<a href="https://www.benzinga.com/trading-ideas/25/04/44829030/tesla-owners-face-new-challenge-amid-tariffs-vandalism-insurance-costs-going-up-twice-the-national-rate">Read the full article here.</a>
Rivian Delivers Fleet Vehicles To HelloFresh
Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) has signed a deal with meal kit company HelloFresh SE (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HLFFF#OTC">HLFFF</a>) to add over 70 Rivian Vans to its fleet of commercial vehicles. This is Rivian&#8217;s first non-Amazon deal after ending its exclusive partnership with Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>).
<a href="https://www.benzinga.com/25/04/44859742/rivian-delivers-70-fleet-vehicles-to-hellofresh-after-ending-exclusive-amazon-deal">Read the full article here.</a>
Read Next:
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<li><a href="https://benzinga.com/trading-ideas/25/04/44829030/tesla-owners-face-new-challenge-amid-tariffs-vandalism-insurance-costs-going-up-twice-the-national-rate" target="_blank" rel="noreferrer noopener">Tesla Owners Face New Challenge Amid Tariffs, Vandalism: Insurance Costs Going Up Twice The National Rate</a></li>
</ul>
Photo courtesy: Shutterstock
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/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>

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Tesla's FSD Deployment, Kodiak Robotics' SPAC Merger, And Rivian's New Deal: This Week In Mobility

These large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>ServiceTitan, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTAN#NASDAQ">TTAN</a>) stock jumped 22.55% &nbsp;after it announced a strategic partnership with Cobalt Service Partners to power 12 commercial access solutions brands with<a href="https://www.benzinga.com//node/44817937" target="_blank" rel="noreferrer noopener"> its business management software</a>.</li>
<li>Summit Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMMT#NASDAQ">SMMT</a>) shares were up 22.13%.</li>
<li>YPF Sociedad Anonima (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YPF#NYSE">YPF</a>) shares increased 19.94% after HSBC analyst Liyanna Yang upgraded the stock from Reduce to Hold and raised the <a href="https://www.benzinga.com/quote/ypf/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast from&nbsp;$21&nbsp;to&nbsp;$33</a>.</li>
<li>Eli Lilly And Co&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>)&nbsp;stock rose 16.51% after the U.S. healthcare giant reported topline Phase 3 results from the ACHIEVE-1 trial of orforglipron compared to placebo in adults with type 2 diabetes and inadequate glycemic control <a href="https://www.benzinga.com//node/44860903" target="_blank" rel="noreferrer noopener">with&nbsp;diet and exercise alone</a>.</li>
<li>MicroStrategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) shares grew 16.47%  after the company hinted it might resume purchasing Bitcoin (CRYPTO: BTC/USD) <a href="https://www.benzinga.com//node/44789931">after a week-long pause</a>.</li>
<li>America Movil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMX#NYSE">AMX</a>)&nbsp;stock upped 15.88% after HSBC analyst Madhvendra Singh upgraded the stock from Hold to Buy and raised <a href="http://benzinga.com/quote/amx/analyst-ratings" target="_blank" rel="noreferrer noopener">its price forecast from&nbsp;$15.5&nbsp;to&nbsp;$17.5</a>.</li>
<li>Ericsson&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERIC#NASDAQ">ERIC</a>) shares upped 14.91% after the company reported&nbsp;first-quarter results. Additionally, the company and Bell Canada announced the successful test of AI-native link adaptation to <a href="https://www.benzinga.com//node/44823834" target="_blank" rel="noreferrer noopener">boost network speed and efficiency</a>.</li>
<li>Insmed Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INSM#NASDAQ">INSM</a>) stock rose 12.10%.</li>
<li>Diamondback Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FANG#NASDAQ">FANG</a>) stock surged 11.76% after Truist Securities analyst Neal Dingmann&nbsp;raised its price forecast from&nbsp;$238&nbsp;to&nbsp;$242&nbsp;<a href="https://www.benzinga.com/quote/fang/analyst-ratings" target="_blank" rel="noreferrer noopener">and maintained a Buy rating</a>.</li>
<li>Neurocrine Biosciences Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NBIX#NASDAQ">NBIX</a>)&nbsp;shares increased 11.75% after some <a href="https://www.benzinga.com//node/44818760" target="_blank" rel="noreferrer noopener">analysts upgraded the stock</a>.</li>
</ol>
Photo by DCStockPhotography via Shutterstock

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In The Holiday Shortened Easter Week, These Large-Cap Stock Were Top Performers (Apr 14-Apr 18): Are These In Your Portfolio?

If you or someone you know is paying back <a href="https://www.benzinga.com/personal-finance/25/02/43622327/u-s-student-loan-debt-hits-2-19-trillion-heres-why-experts-say-borrowers-shouldnt-panic-yet">federal student loans</a> under an income-driven repayment plan, especially as part of a married household, there are some important changes underway that could affect how monthly payments are calculated. These changes come as part of a broader legal battle involving the U.S. Department of Education and a national teachers union.
Here's what's happening — and what it could mean for your budget.
<h2 class="wp-block-heading">What Are IDR Plans, and Why Do They Matter?</h2>
Income-driven repayment plans are a set of programs that base a borrower's monthly federal student loan payment on their income and family size, rather than the total amount owed. The main plans include Income-Contingent Repayment (ICR), Income-Based Repayment (IBR), Pay As You Earn (PAYE), and Saving on a Valuable Education (SAVE), a newer plan introduced under the Biden administration.
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<li>The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"> How do you compare</a>?</li>
</ul>
Borrowers on IDR plans may qualify for <a href="https://www.benzinga.com/personal-finance/25/04/44778031/she-was-29-months-from-erasing-247k-in-student-debt-now-her-forgiveness-is-frozen">student loan forgiveness</a> after 20 or 25 years of payments. These plans are especially useful for borrowers with high debt and relatively modest incomes.
<h2 class="wp-block-heading">The Confusion Over Married Borrowers</h2>
A recent legal filing suggested that the Trump administration intended to change how spousal income is treated under IDR plans. According to <a href="https://www.forbes.com/sites/adamminsky/2025/04/12/student-loan-payments-may-skyrocket-next-month-for-married-borrowers-suggests-trump-administration/">Forbes</a>, a Department of Education official stated that, beginning in May, the government would start counting spousal income when calculating monthly payments for married borrowers — even if those borrowers file taxes separately or are separated from their spouse.
That would be a big shift. Under current law, borrowers who file taxes separately can have their payments calculated based solely on their own income. Many married borrowers choose to file separately for this reason, even though it often means losing out on tax deductions.
If the proposed change had gone into effect, many married borrowers might have faced significantly higher payments, on top of higher tax bills.
Trending: BlackRock is calling 2025 the year of alternative assets. <a href="https://www.benzinga.com/money/masterworks">One firm from NYC has quietly built a group of 60,000+ investors who have all joined in on an alt asset class previously exclusive to billionaires like Bezos and Gates.</a>
<h2 class="wp-block-heading">A Walk-Back and Temporary Clarity</h2>
Just days after the statement raised alarms, the Department of Education reversed course. In an <a href="https://storage.courtlistener.com/recap/gov.uscourts.dcd.278527/gov.uscourts.dcd.278527.30.2.pdf">updated court filing</a> on April 15, the agency clarified that for ICR, IBR, and PAYE plans, spousal income will not be included when a borrower files taxes separately or is legally separated.
This reversal means that, at least for now, the rules stay the same: married borrowers who file separately can still qualify for IDR payments based only on their own income. That's a relief for millions who were bracing for a sudden increase in their monthly bills.
<h2 class="wp-block-heading">Why This Is Still a Developing Story</h2>
The situation is unfolding as part of an ongoing lawsuit brought by the American Federation of Teachers. The union sued the Department of Education in March after the agency temporarily shut down the IDR system in response to a court ruling that blocked the SAVE plan.
Although access to IDR applications has been restored, the department has yet to fully resume processing them. A hearing is scheduled soon to determine whether the court will order the department to restart full services.
See Also: Hasbro, MGM, and Skechers trust this AI marketing firm — <a href="https://www.benzinga.com/money/rad-intel">invest pre-IPO from $0.60 per share now</a>.
<h2 class="wp-block-heading">What Borrowers Can Do Now</h2>
If you're a married borrower on an IDR plan or planning to apply for one, continue to monitor official updates from the Department of Education. Filing taxes separately is still a valid strategy for keeping your student loan payments lower — but keep in mind that policy changes are still possible depending on the outcome of the lawsuit.
In the meantime, stay informed, talk to a student loan advisor if needed, and consider how <a href="https://www.benzinga.com/money/how-to-file-your-own-taxes">different tax filing strategies</a> could impact your repayment plan.
Read Next:
<ul>
<li>With high-demand properties in the Midwest, Bam Capital has delivered 2.46x equity multiples in just over 3 years. No losses. No missed payments. <a href="https://www.benzinga.com/money/investing-in-the-midwest-why-multifamily-real-estate-is-a-winning-strategy">Learn more about becoming an investor today</a>. </li>
<li>Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/mode-mobile-2">with $1,000 you can invest at just $0.26/share!</a></li>
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Image: Shutterstock

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