TransCode Therapeutics 株価情報 (NASDAQ: RNAZ)

最新ニュース TransCode Therapeutics (NASDAQ:RNAZ) 株価情報

TransCode Therapeutics

TransCode Therapeutics Inc is a clinical-stage oncology company focused on treating metastatic disease. It is committed to defeating cancer through the intelligent design and effective delivery of RNA therapeutics based on its proprietary TTX nanoparticle platform. The company's lead therapeutic candidate, TTX-MC138, is focused on treating metastatic tumors which overexpress microRNA-10b, a unique, well-documented biomarker of metastasis. In addition, TransCode is developing a portfolio of first-in-class RNA therapeutic candidates designed to overcome the challenges of RNA delivery and thus unlock therapeutic access to a variety of novel genetic targets that could be relevant to treating a variety of cancers.

TransCode Therapeutics, Inc. - Common Stock

TransCode Therapeutics Inc

New incentives, tools, training and resources make it easier for partners to consolidate cybersecurity on the Falcon platform, driving larger deals and superior customer outcomes

News

CRWD

Reported Earlier, CrowdStrike Expands Accelerate Partner Program With New Incentives, Tools, And Flexible Licensing

Tesla Inc.'s Chinese rival XPeng Motors&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) is contemplating a significant investment in humanoid robots, potentially reaching&nbsp;up to 100 billion yuan&nbsp;($13.80 billion).
What Happened: According to Chinese state media, XPeng CEO&nbsp;He Xiaopeng&nbsp;revealed during&nbsp;the annual parliamentary session that&nbsp;while the company&#8217;s current investment is conservative, it is prepared to increase its financial commitment substantially.
According to Reuters, the Securities Times reported He as saying that XPeng has been engaged in the humanoid robot sector for five years and plans to continue for another 20 years, potentially investing an additional 50 to 100 billion yuan.
The Guangzhou-based electric vehicle manufacturer entered the humanoid robot market in 2020, unveiling&nbsp;its humanoid Iron in November&nbsp;to compete with Tesla's Optimus bot.
XPeng is part of a growing number of automakers focusing on humanoids, an area that Chinese policymakers are keen to see technological advancements in.
Meanwhile,&nbsp;Stellantis NV-backed&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>)&nbsp;Leapmotor&nbsp;has initiated a robot team, currently in the pre-research phase, as reported by CEO&nbsp;Zhu Jiangming&nbsp;on Tuesday.
These robots are intended for industrial use, such as factory assemblies, to enhance work efficiency. He suggested that automakers might invest 1-2 billion yuan annually in applicable scenarios for deploying humanoid robots, according to Economic View on Tuesday.
Why It Matters: The interest in humanoid robots is gaining momentum across the tech and automotive industries.
Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO&nbsp;Elon Musk&nbsp;<a href="https://www.benzinga.com/25/01/43325888/tesla-likely-to-sell-optimus-to-rival-companies-in-2026-price-point-of-humanoid-robot-to-be-detemined-by-demand-says-ceo-elon-musk">recently announced</a> plans to produce thousands of Optimus robots for internal factory use, with future sales to other companies anticipated. This move highlights the growing competition in the humanoid robot market.
Additionally,&nbsp;Apple Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is <a href="https://www.benzinga.com/markets/25/02/43692026/apples-next-big-bet-tim-cook-led-company-is-exploring-humanoid-as-well-as-non-humanoid-robots-for-smart-home-future-says-top-analyst">reportedly exploring</a> both humanoid and non-humanoid robots for its smart home ecosystem, focusing on user interaction and sensing technologies. This indicates a broader trend among tech giants to integrate robotics into their product offerings.
Moreover, Mark Zuckerberg-led Meta Platforms Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) is also <a href="https://www.benzinga.com/25/02/43754366/mark-zuckerberg-follows-elon-musks-footsteps-as-meta-reportedly-plans-major-investment-into-ai-powered-humanoid-robots">planning a significant investment</a> in AI-powered humanoid robots, showcasing the increasing interest in this field.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">&nbsp;following this link.</a>
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<li><a href="https://www.benzinga.com/25/03/44215061/tesla-bull-says-ev-giants-q1-delivery-shortfall-is-not-due-to-elon-musks-political-comments-and-doge-republicans-are-likely-thrilled" target="_blank" rel="noreferrer noopener">Tesla Bull Says EV Giant's Q1 Delivery Shortfall Is Not Due To Elon Musk's Political Comments And DOGE: ‘Republicans Are Likely Thrilled'</a></li>
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Global

Tech

AAPL

STLA

TSLA

XPEV

Tesla Rival XPeng Eyes $13.8 Billion Investment In Humanoid Robots, Says Chinese State Media

Leveraging Reasoning models to Simplify Market Entry and Global Sourcing for SMEs
Alibaba International Digital Commerce Group ("Alibaba International") announced today that its artificial intelligence (AI)-driven business-to-business (B2B) search engine, Accio, has surpassed 1 million users within five months of launch. To further empower small and medium-sized enterprises (SMEs), two new features—Business Research and Deep Search—are now available, offering AI-driven solutions for market entry and global sourcing.

BABA

Reported Earlier, Alibaba's Accio Surpasses 1 Million Users, Launches New Tools To Help SMEs Streamline Global Trade And Market Entry

ALKT

Reported Earlier, Alkami Prices $300M Offering Of 1.50% Convertible Senior Notes Due 2030

The world&#8217;s top tech billionaires saw their fortunes plummet on Monday as markets tumbled, with the Magnificent Seven tech giants shedding <a href="https://www.benzinga.com/news/large-cap/25/03/44237691/magnificent-7-sheds-over-750-billion-in-market-cap-in-one-day-is-big-techs-honeymoon-over">approximately $780 billion in market capitalization</a> during a single trading session.
What Happened: According to the Bloomberg Billionaires Index, Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk led the losses, with his net worth dropping from $29 billion to $301 billion. Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) founder Jeff Bezos lost $4.21 billion, while Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) CEO Mark Zuckerberg saw $9.46 billion erased from his fortune.
Other tech billionaires weren&#8217;t spared, as Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) founder Larry Ellison lost $7.26 billion, Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) co-founders Larry Page and Sergey Brin saw declines of $6.16 billion and $5.73 billion respectively, Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) co-founder Bill Gates dropped $1.10 billion, and former Microsoft CEO Steve Ballmer lost $4.17 billion. Collectively, the top 10 billionaires on the list lost $67.3 billion in a single day.
The tech sell-off saw Tesla shares plunge 15.44%, while other tech giants, including Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), fell 5.91% and 6.74%, respectively. The tech-heavy Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) officially entered correction territory, dropping more than 10% from recent highs.
Warren Buffett stood alone among the top 10 billionaires, gaining $607 million amid the turmoil. The Berkshire Hathaway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) CEO, who recently reported a <a href="https://www.benzinga.com/25/02/43904932/warren-buffett-favors-5-treasury-bills-over-buybacks-as-berkshire-hathaways-cash-pile-surges-the-rate-of-change-thats-most-telling-says-lawrence-mcdonald">record $334 billion cash stockpile</a>, is reportedly positioned to capitalize on market weakness after warning about high valuations.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/equities/25/03/44239278/cathie-wood-stands-by-deflationary-boom-call-as-gene-munster-compares-market-turmoil-to-dot-com-bubble" target="_blank" rel="noreferrer noopener">Cathie Wood Stands By ‘Deflationary Boom&#8217; Call As Gene Munster Compares Market Turmoil To Dot-Com Bubble</a>
Why It Matters: Berkshire has been a net seller of stocks for nine straight quarters, citing high valuations. Buffett has also trimmed Berkshire's Apple stake and halted stock buybacks, further <a href="https://www.benzinga.com/news/25/03/44238467/warren-buffett-shares-biggest-investing-mistakes-433m-deal-that-cost-berkshire-billions-and-trillion-dollar-tech-stocks-he-missed">boosting cash reserves</a>.
Investors worry about President Donald Trump&#8216;s proposed tariff plans and recession fears. Goldman Sachs has warned that tariffs could reduce corporate earnings by 1-2% for every 5% increase, potentially <a href="https://www.benzinga.com/news/25/03/44122159/warren-buffett-calls-tariffs-an-act-of-war-warns-they-function-as-a-tax-on-goods-amid-market-turmoil">triggering a 5% S&amp;P 500 decline</a>.
Despite recent losses, several tech billionaires maintain significant year-to-date gains, with Zuckerberg up $4.12 billion in 2025. Meanwhile, Tesla&#8217;s valuation remains elevated at more than 100 times earnings, even after losing half its <a href="https://www.benzinga.com/markets/equities/25/03/44239714/teslas-101x-valuation-raises-alarm-as-gordon-johnson-warns-of-sales-slump-dan-ives-sees-ai-upside-despite-elon-musks-doge-distractions">value since December highs</a>.
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<li><a href="https://www.benzinga.com/markets/equities/25/03/44212672/jamie-dimon-cashed-out-234-million-in-jpmorgan-stock-warren-buffett-stockpiled-334-billion-in-cash-weeks-later-markets-crashed-coincidence" target="_blank" rel="noreferrer noopener">Jamie Dimon Cashed Out $234 Million In JPMorgan Stock, Warren Buffett Stockpiled $334 Billion In Cash — Weeks Later, Markets Crashed. Coincidence?</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.

Equities

Markets

AMZN

GOOG

GOOGL

MSFT

NVDA

ORCL

Warren Buffett Rakes In $607 Million While Elon Musk, Jeff Bezos, And Other Top Moneybags Bleed $67 Billion In A Day Amid Market Wipeout

Transaction Details and Path to Completion Under the terms of the agreement, BMS will promptly commence a tender offer to acquire all outstanding shares of 2seventy bio at a price of $5.00 per share in an all-cash transaction. 2seventy bio's Board of Directors unanimously recommends that 2seventy bio stockholders tender their shares in the tender offer.
The closing of the transaction is expected to occur in the second quarter of 2025 and is subject to customary closing conditions, including the tender of a majority of the outstanding shares of 2seventy bio's common stock and the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. Following the successful closing of the tender offer, BMS will acquire all remaining shares of 2seventy bio common stock that are not tendered in the tender offer through a second-step merger at the same price in the tender offer of $5.00 per share.

TSVT

Reported Earlier, 2seventy bio Agrees To Be Acquired By Bristol Myers Squibb For $5.00 Per Share In 88% Premium Transaction Valued At $286M

Wayfair Prices $700M Offering of 7.750% Senior Secured Notes Due 2030 To Support Debt Restructuring

<ul>
<li>The Company will offer premium leasing services in New York through a strategic relationship, focusing on flexible lease terms and tailored solutions.</li>
<li>This follows the recent announcement that the Company intends to establish an office in the New York metro area to support its Investor Relations function</li>
</ul>

Faraday Future Intelligent Electric Inc. - Class A Common Stock

FFAI

Faraday Future To Enter New York EV Market With Launch Of FF 91 2.0 And Future Expansion To FX Model Lineup

Macro Economic Events

Econ #s

Economics

Reported Earlier, National Australia Bank Business Confidence For February -1 Vs. 5 (Revised) Prior

Reported Earlier, U.K. BRC Retail Sales Monitor (YoY) For February 0.9% Vs. 1.9% Est.; 2.5% Prior

BBJP

WisdomTree Trust Japan Total Dividend Fund

Reported Earlier, Japan Gross Domestic Product (GDP) Price Index (YoY) For Q4 2.9% Vs. 2.8% Est.; 2.4% Prior

Reported Earlier, Japan Gross Domestic Product (GDP) Annualized (QoQ) For Q4 2.2% Vs. 1.2% Prior

OpenAI has signed an $11.9 billion contract with CoreWeave and will acquire a $350 million equity stake in the cloud computing provider, strengthening the company ahead of its <a href="https://in.benzinga.com/25/03/44140237/coreweave-acquires-weights-biases-to-enhance-ai-development">expected $35 billion initial public offering</a>.
What Happened: The agreement enables OpenAI to reduce its reliance on Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) for the computing power required to train and operate its AI models, <a href="https://www.ft.com/content/4b52fdbb-ca8e-4208-bb99-f1e7f9313863">reported</a> Financial Times, citing sources.
&#8220;Partnering with OpenAI on this net new contract underscores CoreWeave&#8217;s proven ability to deliver reliable and performant infrastructure services, powering AI Innovations for world-leading AI labs,&#8221; said Michael Intrator, Co-Founder and Chief Executive Officer of CoreWeave.
CoreWeave has emerged as a specialized &#8220;AI Hyperscaler,&#8221; operating over 250,000 of NVIDIA Corp.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) AI GPUs across 32 data centers. The company&#8217;s revenue surged 737% to $1.9 billion in 2024, though it <a href="https://www.benzinga.com/news/ipos/25/03/44100280/nvidia-backed-coreweave-files-for-ipo-amid-explosive-ai-growth-revenue-surges-737-to-1-9-billion">reported an $863 million net loss</a>.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/equities/25/03/44239278/cathie-wood-stands-by-deflationary-boom-call-as-gene-munster-compares-market-turmoil-to-dot-com-bubble" target="_blank" rel="noreferrer noopener">Cathie Wood Stands By ‘Deflationary Boom' Call As Gene Munster Compares Market Turmoil To Dot-Com Bubble</a>
Why It Matters: The deal represents OpenAI&#8217;s latest effort to secure and diversify its computing infrastructure. CEO Sam Altman has emphasized that infrastructure will be crucial in the competition to build advanced AI models, even as Microsoft&#8217;s Satya Nadella has voiced concerns about an &#8220;overbuild&#8221; of <a href="https://www.benzinga.com/tech/25/02/43838071/microsoft-ceo-satya-nadella-warns-of-dot-com-like-ai-bubble-pushes-for-measuring-ai-impact-with-gdp-growth-self-claiming-agi-milestone-is-just-nonsensical-benchmark-hacking">computing capacity</a>.
CoreWeave, founded in 2017 as a cryptocurrency mining operation, pivoted to offering cloud services for AI model development. The <a href="https://in.benzinga.com/25/03/44140237/coreweave-acquires-weights-biases-to-enhance-ai-development">company recently acquired</a> Weights &amp; Biases, a prominent AI development platform used by companies including OpenAI and Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>).
The transaction strengthens CoreWeave&#8217;s position as a comprehensive platform for AI development while helping OpenAI reduce its dependence on Microsoft. CoreWeave <a href="https://www.benzinga.com/news/ipos/25/03/44100280/nvidia-backed-coreweave-files-for-ipo-amid-explosive-ai-growth-revenue-surges-737-to-1-9-billion">plans to list on the Nasdaq under the ticker</a> &#8220;CRWV&#8221; with Morgan Stanley and Goldman Sachs Group Inc. underwriting the offering.
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<li><a href="https://www.benzinga.com/markets/equities/25/03/44212672/jamie-dimon-cashed-out-234-million-in-jpmorgan-stock-warren-buffett-stockpiled-334-billion-in-cash-weeks-later-markets-crashed-coincidence" target="_blank" rel="noreferrer noopener">Jamie Dimon Cashed Out $234 Million In JPMorgan Stock, Warren Buffett Stockpiled $334 Billion In Cash — Weeks Later, Markets Crashed. Coincidence?</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.

OpenAI Secures Near-$12 Billion CoreWeave Deal, Taking Stake In Cloud Firm Ahead Of $35 Billion IPO To Reportedly Reduce Microsoft Dependence

Reported Earlier, Japan Gross Domestic Product (QoQ) For Q4 0.6% Vs. 0.7% Est.; 0.3% Prior

Reported Earlier, Japan Household Spending (MoM) For January -4.5% Vs. -1.9% Est.; 2.3% Prior

A little more than one month after Eric Trump thought the time was ripe to buy Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), the second-largest cryptocurrency has plummeted 32%.
What happened: Eric Trump, Executive Vice President of The Trump Organization, has taken a bullish stance since his father, Donald Trump, assumed the U.S. presidency.
In an X post from Feb. 4, Trump <a href="https://in.benzinga.com/markets/cryptocurrency/25/02/43484922/bitcoin-ethereum-dogecoin-drops-as-trumps-crypto-czar-announces-oversight-committee-eric-trump-says-great-time-to-add-eth">suggested</a>, "It's a great time to add ETH," garnering eyeballs from the cryptocurrency community. At the time, ETH traded around $2,735.
However, five weeks after the recommendation, the second-largest cryptocurrency has fallen to $1,855.58, marking a 32% decline.
Additionally, since Trump's <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44106531/eric-trump-said-buy-the-dips-in-february-but-peter-schiff-isnt-buying-the-genius-bitcoin-xrp-cardano-strategic-reserve-announcement">"Buy The Dip" advice</a> on Feb. 25, Ethereum has dropped 29%.
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/25/03/44159088/microsoft-might-have-given-bitcoin-investments-a-miss-for-now-but-one-of-its-largest-investors-has-been-an-avid-advocate-of-cryptos-blockchains">Microsoft May Have Given Bitcoin Investments A Miss But A Large MSFT Stock Holder Is A Strong Crypto, Blockchain Advocate</a>
Why It Matters: Interestingly, the <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40386524/eric-trump-teases-upcoming-crypto-based-initiative-surrounding-digital-real-estate-itll-sh">Trump family-backed</a> cryptocurrency project World Liberty Financial has been a prolific accumulator of Ethereum, holding around 23,991 ETH, worth $44.46 million as of this writing, <a href="https://platform.spotonchain.ai/en/entity/2361">according </a>to Spot On Chain.&nbsp;
The ETH holdings were acquired at an average price of $3,148 per coin, with an average selling price of $2,909. Consequently, the platform has realized losses of $32.694 on the investments, with unrealized losses of $18.986 million as of this writing. 
Trump stated last week that Ethereum will be at the <a href="https://in.benzinga.com/25/03/44068814/bitcoin-ethereum-dogecoin-rally-on-trumps-strategic-crypto-reserve-announcement-cardano-xrp-solana-skyrocket-analyst-says-btcs-new-ath-possible-later-in-the-month">"heart" of a U.S. strategic cryptocurrency reserve</a>, although the executive order he signed later made no mention of the cryptocurrency.
Price Action: At the time of writing, Ethereum was exchanging hands at $1,855.58, down 10.24% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. Year-to-date, the meme coin has plunged 44%.
Image via Shutterstock
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Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$ETH

Eric Trump's 'Great Time' To Buy ETH Backfires? Ethereum Plunges 30% Since His Buy Call

Reported Earlier, Japan Household Spending (YoY) For January 0.8% Vs. 3.7% Est.; 2.7% Prior

The stock market experienced a turbulent day, with the S&amp;P 500 and Nasdaq indices <a href="https://www.benzinga.com/general/market-summary/25/03/44227856/nasdaq-sp-500-hit-6-month-lows-as-recession-fears-grow-whats-driving-markets-monday">hitting six-month lows</a> amidst growing fears of a potential recession. The Nasdaq 100 saw the steepest declines, led by tech companies such as Tesla and Palantir. This downturn was fueled by concerns over the U.S. economy, with President Donald Trump referring to the current economic situation as a &#8220;period of transition.&#8221;
For the day, Nasdaq fell over 700 points or 4% to 17,468.32, while the S&amp;P 500 slipped nearly 2.7% to 5,614.56, and the Dow Jones Industrial Average dropped about 2.1% to 41,911.71 for the day.
These are the top stocks that gained the attention of retail traders and investors through the day:
Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)
NVIDIA shares fell by 5.07% to close at $106.98, with an intraday high and low of $111.85 and $105.46, respectively. The 52-week high and low stand at $153.13 and $75.61. As part of the <a href="https://www.benzinga.com/news/large-cap/25/03/44237691/magnificent-7-sheds-over-750-billion-in-market-cap-in-one-day-is-big-techs-honeymoon-over">Magnificent Seven</a>, NVIDIA&#8217;s performance reflects the overall downturn in tech stocks.
Meta Platforms Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)
Meta Platforms&#8217; shares dropped by 4.42% to close at $597.99. The stock hit an intraday high of $610.11 and a low of $586.87. The 52-week high and low are $740.89 and $414.5 respectively. Despite the <a href="https://www.benzinga.com/25/03/44214169/mark-zuckerbergs-meta-platforms-a-lucrative-bet-as-investors-favor-less-leveraged-tech-stocks-says-expert-amid-mag7s-2025-underperformance">underperformance of the Magnificent 7</a>, Meta Platforms has been an investor favorite due to being less leveraged.
Oracle Corporation&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>)
Oracle shares declined by 4.11% to close at $148.79. The intraday high and low were $152.52 and $146.8, with a 52-week high and low of $198.31 and $111.18. Despite the stock&#8217;s recent stumble, Oracle has seen a 29.73% increase over the past year. The company reported third-quarter earnings on Monday with revenue at $14.13 billion, <a href="https://www.benzinga.com/news/earnings/25/03/44236027/oracle-q3-earnings-revenue-miss-eps-miss-backlog-booms-62-strong-ai-growth-expected-shares-climb">missing the consensus estimate of $14.39 billion.</a>
Palantir Technologies Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>)
Palantir&#8217;s shares plummeted by 10.05% to close at $76.38. The stock hit an intraday high of $82.69 and a low of $74.57. The 52-week high and low are $82.69 and $15.67, respectively. Palantir shares were sharply lower in Monday&#8217;s meltdown. The company <a href="https://www.benzinga.com/25/03/44217345/whats-going-on-with-palantir-stock-premarket-on-monday">recently partnered</a> with Voyager Technologies to create AI-driven solutions for Space Domain Awareness.
Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla shares fell by 15.43% to close at $222.15. The intraday high and low were $253.37 and $220, with a 52-week high and low of $488.54 and $138.8. Amidst <a href="https://in.benzinga.com/25/03/44232237/whats-going-on-with-tesla-shares-monday">rising competition and declining demand</a>, Tesla&#8217;s stock has been under pressure.
Image via Shutterstock
Prepare for the day&#8217;s trading <a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a> by Benzinga.
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<li><a href="https://www.benzinga.com/25/03/44239652/cathie-wood-goes-on-shopping-spree-amid-tech-bloodbath-monday-loads-up-on-tesla-palantir-coinbase-and-these-stocks">Cathie Wood Goes On Shopping Spree Amid Tech Bloodbath Monday: Loads Up On Tesla, Palantir, Coinbase And These Stocks</a></li>
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

PLTR

Nvidia, Meta Platforms, Oracle, Palantir, And Tesla: 5 Trending Stocks Amid Monday's Market Meltdown

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) continues trading at 101 times its 2025 estimated non-GAAP earnings while key metrics decline, prompting GLJ Research&#8216;s Gordon Johnson to sound alarm on Monday as tech stocks face a significant market correction.
What Happened: &#8220;For all those saying Tesla is &#8216;cheap,&#8217; it&#8217;s still trading at 101x its 2025E non-GAAP EPS estimate versus the Magnificent Seven average of 32x,&#8221; Johnson wrote on social media platform X. He emphasized that despite stagnant growth, Tesla maintains 33 buy ratings compared to just 13 sell recommendations from Wall Street analysts.
Johnson highlighted concerning fundamentals: &#8220;Tesla&#8217;s car sales, EBITDA, and free cash flow should be growing exponentially. There&#8217;s just a little problem&#8230; none of them are growing, with its 2024 car sales, FCF, and EBITDA all falling year-over-year.&#8221; He added, &#8220;In short, &#8220;Houston, we have a problem.&#8221;
<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">1/4 For all those saying <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> is &quot;cheap&quot;, it&#39;s still trading at 101x its 2025E non-GAAP EPS est. vs. the Mag-6 avg. of 32x (or &gt;3x the Mag-6 avg.). Moreover, <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> still has 33 BUYS, 14 HOLDS, and &quot;just&quot; 13 SELLS, w/ an avg. Wall Street price target of $362.43/shr. And, keep&#8230; <a href="https://t.co/u6YZTIOvQK">pic.twitter.com/u6YZTIOvQK</a>
&mdash; Gordon Johnson (@GordonJohnson19) <a href="https://twitter.com/GordonJohnson19/status/1899221867660996651?ref_src=twsrc%5Etfw">March 10, 2025</a></blockquote>
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The electric vehicle maker&#8217;s struggles come amid a broader tech sector meltdown. The Magnificent Seven tech companies collectively lost <a href="https://www.benzinga.com/news/large-cap/25/03/44237691/magnificent-7-sheds-over-750-billion-in-market-cap-in-one-day-is-big-techs-honeymoon-over">approximately $780 billion in market capitalization</a> on Monday alone, with Tesla shares plummeting 15.47%.
Wedbush Securities analyst Dan Ives offered a contrasting perspective, urging investors to view the selloff as an opportunity rather than a market collapse. 
&#8220;We are in the early stages of a 4th Industrial Revolution,&#8221; Ives said, citing a projected $2 trillion in artificial intelligence capital expenditures. He recommended focusing on Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Tesla, Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), and Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) during the market turbulence.
&#8220;Many times with Tesla, Apple, Google, Nvidia, Amazon, Palantir and others our backs were against the wall and the times appeared dark at that moment&#8230;but yet those were the oppy,&#8221; Ives wrote.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Many times with Tesla, Apple, Google, Nvidia, Amazon, Palantir and others our backs were against the wall and the times appeared dark at that moment&#8230;but yet those were the oppy. Our bullish tech calls have been upside down in 2025…its painful but not the end of tech bull mkt&#x1f447; <a href="https://t.co/Uy9pC7OPRx">pic.twitter.com/Uy9pC7OPRx</a>
&mdash; Dan Ives (@DivesTech) <a href="https://twitter.com/DivesTech/status/1899210263414350074?ref_src=twsrc%5Etfw">March 10, 2025</a></blockquote>
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See Also: <a href="https://www.benzinga.com/markets/equities/25/03/44239278/cathie-wood-stands-by-deflationary-boom-call-as-gene-munster-compares-market-turmoil-to-dot-com-bubble">Cathie Wood Stands By &#8216;Deflationary Boom&#8217; Call As Gene Munster Compares Market Turmoil To Dot-Com Bubble</a>
Why It Matters: Ives maintains his bullish stance, predicting tech stocks will reach new all-time highs in the second half of 2025 despite investor concerns about President Donald Trump&#8216;s administration policies, recession fears, and growth sustainability.
Tesla CEO Elon Musk <a href="https://youtu.be/T6DiMIJIvYw?feature=shared">told</a> Fox Business on Monday that he was running his businesses "with great difficulty" as Tesla shares hit a five-month low, while he remains a key figure in the Trump administration's Department of Government Efficiency.
The tech-focused Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) has officially entered correction territory, dropping more than 10% from recent highs, while the broader SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) fell 3.04% on Monday.
Tesla has a <a href="https://www.benzinga.com/quote/TSLA/analyst-ratings">price target range</a> from $24.86 by GLJ Research to $550 by Wedbush. The latest ratings from UBS, Wedbush, and Baird average $381.67, implying a 77.51% upside.
<figure class="wp-block-image aligncenter size-full is-resized"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/10222637/Screenshot-2025-03-11-at-7.56.06%E2%80%AFAM.png" alt="" class="wp-image-817697" style="width:673px;height:auto" /></figure>
Price Action: Tesla closed at $222.15 on Monday, down 15.43%, and fell further to $215.01 after hours. The stock is down 41.43% year to date and 53.70% from its $479.86 all-time high on Dec. 17, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>.
Read Next:
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<li><a href="https://www.benzinga.com/markets/equities/25/03/44212672/jamie-dimon-cashed-out-234-million-in-jpmorgan-stock-warren-buffett-stockpiled-334-billion-in-cash-weeks-later-markets-crashed-coincidence" target="_blank" rel="noreferrer noopener">Jamie Dimon Cashed Out $234 Million In JPMorgan Stock, Warren Buffett Stockpiled $334 Billion In Cash — Weeks Later, Markets Crashed. Coincidence?</a></li>
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Image Via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tesla's 101x Valuation Raises Alarm As Gordon Johnson Warns Of Sales Slump, Dan Ives Sees AI Upside Despite Elon Musk's DOGE Distractions

On Monday, economist Peter Schiff questioned the U.S. government&#8217;s decision to hold Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) as a reserve asset amid the apex cryptocurrency&#8217;s ongoing slump.
What Happened:&nbsp;Schiff took to X to point out that Bitcoin&#8217;s market value has plunged&nbsp;30% from its January record&nbsp;high, dropping below $77,000.
&#8220;It&#8217;s hard to see the rationale for the U.S. government holding Bitcoin as a reserve asset when it can lose that much market value so quickly, &#8221; Schiff remarked. &#8220;The rationale will be even harder to see when it&#8217;s down 50%.&#8221;
The backers of Bitcoin&#8217;s safe haven narrative swung into action, with award-winning investment manager Michael A. Gayed writing &#8220;Store of value&#8221; in response to Schiff&#8217;s post. 
Over the past five years, Bitcoin has gained 1,408%, and 243% in the last two years. 
However, Schiff was quick to clap back. &#8220;If the price can drop over 30% in less than two months without anything really happening, how can that be a store of anything. What if the government held Bitcoin in reserve and needed to sell it?&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Now that Bitcoin fell below $77K, it&#39;s down 30% from its January record high. It&#39;s hard to see the rationale for the U.S. government holding Bitcoin as a reserve asset when it can lose that much market value so quickly. The rationale will be even harder to see when it&#39;s down 50%.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1899258640152051769?ref_src=twsrc%5Etfw">March 11, 2025</a></blockquote>
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Additionally, Schiff pondered the fate of the Bitcoin Strategic Reserve and the Digital Asset Stockpile, both established by presidential executive order last week, without congressional approval. He asked what would happen if Donald Trump&#8217;s successor president decided that the U.S. didn&#8217;t need such a Bitcoin Strategic Reserve or Crypto stockpile and decided to &#8220;sell it all.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Since both the Bitcoin Strategic Reserve and the Crypto Stockpile were established by an executive order and not an act of Congress, what happens if the next president decides that the U.S. doesn&#39;t need a Bitcoin Strategic Reserve or Crypto Stockpile and decides to sell it all?
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1899125263079821554?ref_src=twsrc%5Etfw">March 10, 2025</a></blockquote>
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See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/25/03/44159088/microsoft-might-have-given-bitcoin-investments-a-miss-for-now-but-one-of-its-largest-investors-has-been-an-avid-advocate-of-cryptos-blockchains">Microsoft May Have Given Bitcoin Investments A Miss But A Large MSFT Stock Holder Is A Strong Crypto, Blockchain Advocate</a>
Why It Matters:&nbsp;Schiff&#8217;s comments come in the context of his ongoing criticism of the government&#8217;s decision to create a Bitcoin strategic reserve. <a href="https://in.benzinga.com/25/03/44157760/peter-schiff-predicts-a-bitcoin-strategic-reserve-will-accelerate-dollars-demise-the-ultimate-winner-will-be-gold">He previously predicted</a>&nbsp;that this move could damage the U.S. dollar.
He has also branded such investments a <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44201364/peter-schiff-blasts-government-crypto-investments-as-waste-of-resources">&#8220;waste of resources,&#8221;</a> arguing that they divert capital from real wealth creation.
The cryptocurrency market extended losses Monday as <a href="https://www.benzinga.com/25/03/44239298/bitcoin-ethereum-dogecoin-sink-further-as-recession-worries-plague-crypto-market-arthur-hayes-has-this-advice-for-risk-averse-traders-in-the-ongoing-slump">Bitcoin slumped below $77,000</a> to hit a four-month low
Price Action: At the time of writing, Bitcoin was exchanging hands at $79,434.23, down 3.47% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.
Image via Shutterstock
Read Next:&nbsp;
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<li><a href="https://in.benzinga.com/25/03/44183572/trump-establishes-strategic-bitcoin-reserve-funded-by-forfeited-assets-i-made-the-promise">Trump Creates Strategic Bitcoin Reserve Funded By Forfeited Assets: &#8216;I Made The Promise&#8217; — BTC Dips 4%</a></li>
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$BTC

Peter Schiff Says Hard To See Rationale Of Trump's Crypto Reserve Move If Bitcoin Has Plunged 30% Since January, Critics Clap Back With 'Store Of Value' Narrative

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