Schneider National 株価情報 (NYSE: SNDR)

Schneider National (NYSE:SNDR) 株価情報

Schneider National

Schneider National Inc is a provider of surface transportation and logistics solutions in North America. The Company offers truckload, intermodal, and logistics services to a diverse customer base throughout the continental United States, Canada, and Mexico. The company's segments include Truckload; Intermodal; Logistics and other. It generates maximum revenue from the Truckload segment.

Schneider National Inc

Mineralys intends to use the net proceeds from the proposed offering to fund clinical development of lorundrostat, including research and development and manufacturing, and pre-commercialization activities, as well as for working capital and general corporate purposes.

News

MLYS

Reported Earlier, Mineralys Therapeutics Prices $175M Public Offering Of 12,962,962 Common Shares At $13.50/Share

President Donald Trump&#8216;s net worth has seen a significant drop of nearly $300 million. This financial hit is largely attributed to a sharp decline in the shares of&nbsp;Trump Media &amp; Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>).
What Happened: The shares of Trump Media &amp; Technology Group plummeted to their lowest level since October. This has resulted in a decrease in Trump&#8217;s net worth, which now stands at $4.6 billion, reported <a href="https://www.forbes.com/sites/antoniopequenoiv/2025/03/10/trumps-net-worth-slides-300-million-as-trump-media-shares-hit-5-month-low/">Forbes</a> on Tuesday. This decline is part of a larger trend following a $2.4 billion decrease since mid-January, a period that marked a surge in Trump&#8217;s net worth due to a rally in Trump Media shares.
The stock of Trump Media closed down 11.4% at $19.92 per share on Monday as per Benzinga Pro, the&nbsp;lowest trading price in five&nbsp;months. The shares have now lost over 40% in 2025,&nbsp;after opening the year at&nbsp;$34.02. From Trump&#8217;s Inauguration Day on Jan 20, the stock plunged 50%. 
Trump Media, the parent company of Truth Social, became publicly traded nearly a year ago through a merger with a special purpose acquisition company.
This decline in Trump Media shares coincides with&nbsp;a broader stock market selloff,&nbsp;that followed Trump&#8217;s recent comments&nbsp;in a Fox News interview, where he did not dismiss the possibility of&nbsp;a recession in 2025 and&nbsp;stated, &#8220;You can&#8217;t really watch the stock market.&#8221; He also stated that the economy faces a period of &#8216;transition&#8217;. 
SEE ALSO: <a href="https://www.benzinga.com/markets/25/03/44212993/palantir-ceo-alex-karp-meets-hyundai-vice-chair-to-enhance-ai-shipyard-defense-collaboration-amid-trumps-call-for-us-shipbuilding-revival">Palantir CEO Alex Karp Meets Hyundai Vice Chair to Enhance AI Shipyard, Defense Collaboration Amid Trump&#8217;s Call for US Shipbuilding Revival</a>
Why It Matters: The decline in Trump Media&#8217;s stock on Monday is not an isolated event. From late February, the stock has <a href="https://www.benzinga.com/25/02/44040878/trump-media-stock-craters-70-from-highs-is-there-any-floor-left">been in a free fall,</a> trading at a staggering 70% discount from its 52-week high of $79.38, reached on March 26, 2024. 
In February, Trump Media reported&nbsp;a loss of $400 million&nbsp;for the full year in 2024, while it clocked in $3.6 million in revenue.
Furthermore, growing concerns over macroeconomic items like tariffs have been highlighted by several analysts and experts. As a result, investors are becoming increasingly cautious with fears of a potential recession growing. 
BlackRock&nbsp;CEO Larry Fink <a href="https://www.benzinga.com/news/25/03/44238063/2025-will-be-a-rocky-year-says-blackrocks-larry-fink-but-he-believes-the-world-and-the-us-will-get-by-and-that-its-time-to-buy-the-dip">recognized that 2025 </a>will be marked by uncertainty, citing inflation, market volatility, and evolving global trade policies.&nbsp;Despite anticipated volatility, Fink views market downturns as investment opportunities. "For long-term investors, if there&#8217;s a big dip, good. Good time to buy," he stated.
<ul>
<li>READ MORE: <a href="https://www.benzinga.com/news/legal/25/03/44148887/trump-may-lose-interest-in-legal-marijuana-during-disorderly-situation-conservative-cabinet-says-analyst-could-musk-come-to-the-rescue">Trump May Lose Interest In Legal Marijuana During &#8216;Disorderly Situation,&#8217; Conservative Cabinet, Says Analyst; Could Musk Come To The Rescue?</a></li>
</ul>
<em style="color: rgb(45, 45, 45); font-family: &quot;Helvetica Neue&quot;, Helvetica, OpenSans, Arial, sans-serif; font-size: 17.6px; white-space-collapse: collapse; box-sizing: border-box; border: 0px solid rgb(229, 231, 235); --tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; --tw-rotate: 0; --tw-skew-x: 0; --tw-skew-y: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-pan-x: ; --tw-pan-y: ; --tw-pinch-zoom: ; --tw-scroll-snap-strictness: proximity; --tw-gradient-from-position: ; --tw-gradient-via-position: ; --tw-gradient-to-position: ; --tw-ordinal: ; --tw-slashed-zero: ; --tw-numeric-figure: ; --tw-numeric-spacing: ; --tw-numeric-fraction: ; --tw-ring-inset: ; --tw-ring-offset-width: 0px; --tw-ring-offset-color: #fff; --tw-ring-color: rgba(59,130,246,.5); --tw-ring-offset-shadow: 0 0 #0000; --tw-ring-shadow: 0 0 #0000; --tw-shadow: 0 0 #0000; --tw-shadow-colored: 0 0 #0000; --tw-blur: ; --tw-brightness: ; --tw-contrast: ; --tw-grayscale: ; --tw-hue-rotate: ; --tw-invert: ; --tw-saturate: ; --tw-sepia: ; --tw-drop-shadow: ; --tw-backdrop-blur: ; --tw-backdrop-brightness: ; --tw-backdrop-contrast: ; --tw-backdrop-grayscale: ; --tw-backdrop-hue-rotate: ; --tw-backdrop-invert: ; --tw-backdrop-opacity: ; --tw-backdrop-saturate: ; --tw-backdrop-sepia: ; --tw-contain-size: ; --tw-contain-layout: ; --tw-contain-paint: ; --tw-contain-style: ;">Image via Shutterstock
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Markets

Trump's Net Worth Plummets By Nearly $300M As DJT Stock Drops To Its Lowest Since October

Elon Musk-led SpaceX has partnered with Jio Platforms Ltd., led by India's richest man, Mukesh Ambani to offer its Starlink satellite internet services in India.
What Happened: SpaceX partnered with Jio a day after <a href="https://www.benzinga.com/general/space/25/03/44244377/elon-musks-spacex-partners-with-airtel-to-launch-starlink-in-india-weeks-after-pm-narendra-modis-us-visit">inking</a> a similar pact with Jio's rival Bharti Airtel.
Jio intends to distribute Starlink solutions through its retail outlets and online platforms, leveraging its status as the world's largest mobile operator by data traffic.
This partnership aims to expand internet connectivity across the nation. The collaboration is contingent upon regulatory approvals for SpaceX to sell Starlink services in India.
Jio Platforms plans to utilize Starlink's low Earth orbit satellite technology to deliver reliable broadband connectivity across India, including its most remote areas. The company will establish a customer service, installation, and activation support system.
SEE ALSO:<a href="https://www.benzinga.com/general/space/25/03/44244377/elon-musks-spacex-partners-with-airtel-to-launch-starlink-in-india-weeks-after-pm-narendra-modis-us-visit"> Elon Musk&#8217;s SpaceX Partners With Airtel To Launch Starlink In India, Weeks After PM Narendra Modi&#8217;s US Visit</a>
"We are looking forward to working with Jio and receiving authorization from the Government of India to provide more people, organizations and businesses with access to Starlink's high-speed internet services," said Gwynne Shotwell, President and Chief Operating Officer of SpaceX.
Why It Matters: With the new partnerships, SpaceX has expanded its addressable market by over 850 million users. As per data from the Telecom Regulatory Authority of India (TRAI), Reliance Jio has over 465 million subscribers and Bharti Airtel has over 385 million subscribers as of Dec. 31, 2024.
This comes weeks after Musk <a href="https://www.benzinga.com/25/02/43718656/will-tesla-finally-enter-india-modi-musk-meeting-reportedly-focused-on-tariffs-starlink-licensing-and-spacex-collaboration">met</a> with Indian Prime Minister Narendra Modi in Washington D.C during his visit.
India's Department of Telecommunications had earlier requested <a href="https://www.benzinga.com/government/24/10/41645376/india-asks-elon-musks-starlink-and-jeff-bezos-amazon-for-security-assurances-as-they-look-to-enter-b">security assurances</a> from satellite communication providers like Starlink and Amazon.
Additionally, both <a href="https://www.benzinga.com/news/24/10/41566638/elon-musk-and-jeff-bezos-satcom-firms-push-for-lower-spectrum-charges-in-india-foray-report">Starlink and Amazon's Project Kuiper</a> have been advocating for reduced spectrum charges and long-term licenses to make satellite services more affordable for Indian consumers.
Read Next:
<a href="https://www.benzinga.com/markets/25/03/44242181/elon-musk-admits-juggling-between-tesla-doge-is-difficult-says-running-businesses-with-great-difficulty-as-tsla-stock-plunges-50-in-3-months">Elon Musk Admits Juggling Between Tesla, DOGE Is Difficult, Says Running Businesses ‘With Great Difficulty' As TSLA Stock Plunges 50% In 3 Months</a>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

SPACE

Global

Tech

Elon Musk's SpaceX Inks Agreements With India's Top Telecom Providers For Starlink, Expanding Access To 850 Million Users

Concurrently with the pricing of the Notes in the Offering, the Company entered into separate and individually negotiated transactions with certain noteholders of the 2026 Notes to repurchase for approximately $370.3 million in cash, $368.0 million aggregate principal amount of its 2026 Notes, on terms individually negotiated with each such noteholder of the 2026 Notes with or through one of the initial purchasers and/or its affiliate.&nbsp;

LCII

Reported Earlier, LCI Industries Prices $400M In 3.00% Convertible Senior Notes Due 2030 To Refinance Debt And Repurchase Shares

QBTS

SKYT

SkyWater-Fabricated Qubits Drive D-Wave's Quantum Supremacy Milestone In Landmark Scientific Breakthrough

Nuveen Arizona Dividend Advantage Municipal Funds 3

NexGen's Rook I Project Advances To Final Regulatory Phase With Canadian Nuclear Safety Commission Hearings Scheduled

Ultra-small BG29 with expanded memory and ultra-low power is ideal for Connected Health devices

SLAB

Silicon Labs BG29 SoC Combines Long Battery Life, Multi-Connection Support, And High Security For Wearables Revolution

The Securities and Exchange Commission delayed the approval of several cryptocurrency spot exchange-traded funds Tuesday, including Litecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ltc/usd">LTC</a>), Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>), XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>), and Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>).
What Happened:&nbsp;The regulator postponed decisions on Canary Solana Trust ETF, VanEck Solana Trust ETF, 21Shares Core Solana ETF, Canary XRP Trust ETF, and Bitwise XRP ETF, along with Grayscale Investments&#8217; applications for XRP, DOGE, ADA, and LTC.
The SEC previously <a href="https://in.benzinga.com/25/02/43613700/cardano-outgains-bitcoin-ethereum-with-11-rally-after-its-first-ever-spot-etf-application-in-the-us">acknowledged </a>the 19b-4 filings, a mandatory step to list any ETF on Wall Street. Following the Form 19b-4 application, the agency usually has 45 days (which can be extended to another 45 days) to decide on the proposed rule change. The SEC can further extend the timeline with additional review periods of 45 and 60 days. 
Leading Bloomberg analyst James Seyffart said the delay in approval was not surprising. &#8220;It&#8217;s&nbsp;expected as this is standard&nbsp;procedure, &amp; [Paul] Atkins hasn&#8217;t even been confirmed yet.&#8221;
However, he stressed that the delay does not affect the &#8220;relatively high&#8221; odds of approval for these ETFs, whose final deadlines are not until October.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Yes, the SEC just punted on a bunch of alt coin ETF filings including Litecoin, Solana, XRP &amp; DOGE. It&#39;s expected as this is standard procedure &amp; Atkins hasn&#39;t even been confirmed yet. This doesn&#39;t change our (relatively high) odds of approval. Also note that the final deadlines…
&mdash; James Seyffart (@JSeyff) <a href="https://twitter.com/JSeyff/status/1899551715197628838?ref_src=twsrc%5Etfw">March 11, 2025</a></blockquote>
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In addition, the SEC delayed decisions on applications related to in-kind creation and redemption for iShares Bitcoin Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>) and Fidelity Wise Origin Bitcoin Fund (BATS:<a class="ticker" href="https://www.benzinga.com/stock/FBTC#BATS">FBTC</a>).
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/25/03/44240035/ethereum-shrinks-over-30-since-eric-trumps-great-time-to-add-eth-suggestion">Eric Trump&#8217;s &#8216;Great Time&#8217; To Buy ETH Backfires? Ethereum Plunges 30% Since His Buy Call</a>
Why It Matters:&nbsp;A <a href="https://in.benzinga.com/trading-ideas/movers/25/01/43328116/litecoin-spikes-over-11-after-sec-acknowledges-etf-filing-market-regulator-says-ltc-very-similar-to-bitcoin">flurry </a>of spot exchange-traded funds have been filed since President Donald Trump took office in January, hoping to benefit from what they perceive as a cryptocurrency-friendly regime.
Trump signed a <a href="https://in.benzinga.com/25/03/44183572/trump-establishes-strategic-bitcoin-reserve-funded-by-forfeited-assets-i-made-the-promise">historic executive order</a> creating a Strategic Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) Reserve and a U.S. Digital Asset Stockpile last week. In line with this, legislation <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44261690/bitcoin-act-of-2025-introduced-in-the-house-of-representatives">was tabled</a> in the House of Representatives on Tuesday, proposing the acquisition of one million BTC over five years.
Photo via Shutterstock.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44239669/peter-schiff-says-hard-to-see-rationale-of-trumps-crypto-reserve-move-if-bitcoin-has-plunged-30-since-january-critics-clap-back-with-store-of-value-narrative">Peter Schiff Says Hard To See Rationale Of Trump&#8217;s Crypto Reserve Move If Bitcoin Has Plunged 30% Since January, Critics Clap Back With &#8216;Store Of Value&#8217; Narrative</a></li>
</ul>

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

Cryptocurrency

$BTC

$DOGE

$LTC

$SOL

$XRP

Fidelity Wise Origin Bitcoin Fund Fidelity Wise Origin Bitcoin Fund

FBTC

IBIT

Dogecoin, XRP ETF Filings Delayed By SEC But Influential Analyst Says 'Relatively High' Odds Of Approval

Bluesky CEO Jay Graber took the SXSW stage this week wearing a Latin phrase that's now fueling online speculation over whether it was a quiet jab at Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) CEO Mark Zuckerberg.
What Happened: During her appearance at SXSW, Graber wore a black T-shirt with the Latin phrase "Mundus sine caesaribus"—which translates to "A world without Caesars."
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://t.co/TKcRdsLEdt">pic.twitter.com/TKcRdsLEdt</a>
&mdash; bluesky (@bluesky) <a href="https://twitter.com/bluesky/status/1899171506514706512?ref_src=twsrc%5Etfw">March 10, 2025</a></blockquote>
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The bold wardrobe choice caught attention due to its apparent contrast to Zuckerberg, who has become known for sporting shirts with Latin or Greek phrases, often invoking Roman history and power, first <a href="https://www.businessinsider.com/bluesky-ceo-shirt-latin-trolls-mark-zuckerberg-sxsw-2025-3">noted</a> by Business Insider.
See Also: <a href="https://www.benzinga.com/25/03/44266805/trump-turns-white-house-into-tesla-showroom-says-elon-musk-was-treated-very-unfairly-heres-the-car-he-picked-for-himself">Trump Turns White House Into Tesla Showroom, Says Elon Musk Was &#8216;Treated Very Unfairly&#8217; — Here&#8217;s The Car He Picked For Himself</a>
At his 40th birthday party last year, <a href="https://www.benzinga.com/news/24/05/38865744/carthago-delenda-est-was-mark-zuckerbergs-cryptic-birthday-tee-a-meta-message-or-a-party-joke">Zuckerberg wore a t-shirt</a> that said "Carthago delenda est" ("Carthage must be destroyed"), and at the Meta Connect developer conference, he wore "Aut Zuck aut nihil"—a twist on "Aut Caesar aut nihil" ("Either Caesar or nothing"), suggesting a <a href="https://www.benzinga.com/news/24/09/41051713/zuckerberg-channels-his-inner-caesar-shows-love-for-roman-empire-at-connect-event-all-zuck-or-all-no">parallel between himself</a> and Julius Caesar.
While Graber hasn't commented on the meaning behind her shirt, some people online are interpreting it as a subtle critique of tech billionaires and centralized power.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Bluesky CEO Jay Graber wears a T-shirt saying &#39;Mundus sine caesaribus&#39; (a world without Caesars) at SXSW 2025, trolling Mark Zuckerberg&#39;s &#39;Aut Zuck aut nihil&#39; (Zuck or nothing). The social media rivalry gets classical! <a href="https://twitter.com/hashtag/SXSW2025?src=hash&amp;ref_src=twsrc%5Etfw">#SXSW2025</a> <a href="https://twitter.com/hashtag/SocialMediaRivalry?src=hash&amp;ref_src=twsrc%5Etfw">#SocialMediaRivalry</a> <a href="https://t.co/QJgHV6O6st">pic.twitter.com/QJgHV6O6st</a>
&mdash; vignesh prabhu (@prabhu_ai) <a href="https://twitter.com/prabhu_ai/status/1899653357486358992?ref_src=twsrc%5Etfw">March 12, 2025</a></blockquote>
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">At SXSW, Bluesky CEO Jay Graber took a jab at Mark Zuckerberg, wearing a shirt that read "a world without Caesars." She emphasized Bluesky's commitment to decentralization, calling it a network "immune to billionaires."
&mdash; Julia De Luca (@judeluca_tech) <a href="https://twitter.com/judeluca_tech/status/1899277432622043495?ref_src=twsrc%5Etfw">March 11, 2025</a></blockquote>
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Why It's Important: The shirt fuels a growing narrative around Bluesky's positioning as a decentralized, user-first alternative to platforms like Meta's Threads and Elon Musk's X, formerly Twitter.
Graber's message—intentional or not—reinforces Bluesky's broader mission to reduce centralized control in social media.
Bluesky, originally incubated within Twitter under Jack Dorsey, launched as an independent platform in early 2024.
Following the 2024 U.S. presidential election, Bluesky <a href="https://www.benzinga.com/general/social-media/24/12/42566461/mark-cuban-says-this-is-the-holy-grail-that-makes-bluesky-better-than-musks-x-platform">experienced explosive growth</a>. In January 2025, the platform reportedly reached a <a href="https://www.benzinga.com/25/01/42867967/elon-musks-x-rival-bluesky-is-being-valued-at-700-million-after-explosive-growth-post-trumps-victory-report">valuation of $700 million</a>.
Image via Shutterstock
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/43120820/if-you-invested-1000-in-bitcoin-when-peter-thiel-said-the-top-crypto-might-not-rise-dramatically-heres-how-much-youd-have-made-today" target="_blank" rel="noreferrer noopener">If You Invested $1,000 In Bitcoin When Billionaire Peter Thiel Said BTC Might Not Rise ‘Dramatically,&#8217; Here&#8217;s How Much You&#8217;d Have Made Today</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Media

Mark Zuckerberg Trolled By Bluesky CEO's Subtle Jab? 'World Without Caesars' Shirt At SXSW Raises Eyebrows

President Donald Trump&#8216;s recent purchase of a Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Model S Plaid for White House staff use could significantly boost the electric vehicle maker&#8217;s sales, according to Gary Black.
What Happened: Black, Managing Partner of The Future Fund LLC, wrote on X that &#8220;President Trump&#8217;s endorsement of Tesla today is potentially HUGE.&#8221; 
Black calculated that if just 5% of Republicans who would consider buying a Tesla follow through after Trump&#8217;s endorsement, it could result in 1.7 million incremental purchases, nearly matching Tesla&#8217;s global delivery forecast of 1.8 million vehicles for fiscal year 2025.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">President Trump's endorsement of Tesla today is potentially HUGE. Recall that 77.3M (49.9%) of American adults who voted selected Trump. Applying 49.9% to the total U.S. adult population of 260M implies 129.7M who likely align themselves with Trump and respect Trump's opinions.… <a href="https://t.co/r0TkM6mNPX">https://t.co/r0TkM6mNPX</a>
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1899601211814527077?ref_src=twsrc%5Etfw">March 11, 2025</a></blockquote>
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Trump selected an Ultra Red Model S Plaid during a 30-minute White House event that featured five Tesla models. &#8220;The one I like is that one,&#8221; Trump said, insisting on paying full <a href="https://www.benzinga.com/25/03/44266805/trump-turns-white-house-into-tesla-showroom-says-elon-musk-was-treated-very-unfairly-heres-the-car-he-picked-for-himself">price for the vehicle</a>. During the presentation, Tesla CEO Elon Musk stood beside the president and attempted to promote the Cybertruck&#8217;s bulletproof features.
See Also: <a href="https://www.benzinga.com/25/03/44267277/trump-scraps-50-tariff-hike-on-canadian-steel-aluminum-after-ontario-backs-down">Trump Scraps 50% Tariff Hike On Canadian Steel, Aluminum After Lutnick Talks With Ontario Premier</a>
Why It Matters: The president praised Musk as a &#8220;patriot&#8221; who was being &#8220;unfairly maligned&#8221; for his efforts to <a href="https://www.benzinga.com/25/03/44266805/trump-turns-white-house-into-tesla-showroom-says-elon-musk-was-treated-very-unfairly-heres-the-car-he-picked-for-himself">reduce government spending</a>. &#8220;Our country is going to be very strong, very smooth, because of a lot of the things that he&#8217;s done,&#8221; Trump said, crediting Musk for identifying &#8220;billions and billions of dollars of fraud and waste.&#8221;
The endorsement comes at a critical time for Tesla, whose shares had tumbled 15% on Monday after analysts cut delivery projections. The stock rebounded on Tuesday following Trump&#8217;s announcement of <a href="https://www.benzinga.com/markets/25/03/44240714/trump-says-he-will-buy-a-brand-new-tesla-to-support-elon-musk-as-stock-falls-over-53-erasing-nearly-800-billion-in-investor-wealth-since-december-peak">his intention to purchase the vehicle</a>. Overall, Tesla&#8217;s stock has fallen over 53% since December, erasing nearly $800 billion in investor wealth.
Investors have expressed concern that Musk&#8217;s involvement with the Trump administration through the Department of Government Efficiency has <a href="https://www.benzinga.com/markets/equities/25/03/44246100/trump-makes-false-claim-about-tesla-boycotts-musk-blames-soros-and-linkedin-co-founder-for-backing-protests">distracted him from his companies</a>, including Tesla, SpaceX, X, and xAi.
Price Action: Tesla closed at $230.58 on Tuesday, up 3.79%. After hours, it rose to $234.99, gaining 1.91%. Year to date, the stock is down 39.21%, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</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

TSLA

Trump Buys Tesla Model S Plaid, Gary Black Calls Endorsement 'Potentially Huge,' Says It Could Drive 1.7 Million Sales

Macro Economic Events

Econ #s

Economics

BBJP

WisdomTree Trust Japan Total Dividend Fund

Reported Earlier, Japan BSI Large Manufacturing Conditions For Q1 -2.4 Vs. 6.5 Est.; 6.3 Prior

Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) Senior Counselor Samantha Clark has urged the Pentagon to embrace commercial software solutions or risk lagging behind global adversaries in an <a href="https://www.benzinga.com/markets/equities/25/03/44157866/palantirs-head-of-defense-warns-of-chinas-war-preparations-were-not-taking-it-seriously">increasingly data-driven battlefield</a>.
What Happened: Clark, a former Deputy Staff Director for the U.S. Senate Armed Services Committee, co-authored a recent policy <a href="https://nationalinterest.org/blog/techland/the-pentagon-needs-a-software-update-literally">paper</a> on National Interest with American Enterprise Institute Senior Fellow William Greenwalt and Palantir senior counselor Greg Little, arguing that the Department of Defense&#8217;s limited software spending threatens national security posture.
&#8220;Software offers perhaps the most compelling way to close current and future gaps between the United States and its adversaries,&#8221; the authors stated, highlighting that the DOD allocates less than 1% of its budget—approximately $5 billion—to software acquisition.
The paper comes just days after Defense Secretary Pete Hegseth&#8216;s Mar. 6 memo directing the adoption of the Software Acquisition Pathway as the preferred method for all software development components, acknowledging that &#8220;software-defined warfare is not a future construct, but the reality we find ourselves operating in today.&#8221;
This <a href="https://www.benzinga.com/markets/equities/25/03/44157866/palantirs-head-of-defense-warns-of-chinas-war-preparations-were-not-taking-it-seriously">policy shift aligns with concerns</a> raised by Palantir&#8217;s Head of Defense Mike Gallagher, who warned at the National Security Innovation Base Summit that &#8220;China is preparing for war with America, and we&#8217;re not taking it seriously.&#8221;
See Also:&nbsp;<a href="https://www.benzinga.com/25/03/44260839/tech-stocks-bitcoin-strongly-rebound-as-ukraine-backs-us-proposal-for-30-day-ceasefire-with-russia" target="_blank" rel="noreferrer noopener">Markets Bounce As Ukraine Expresses Readiness For 30-Day Ceasefire Proposal With Russia</a>
Why It Matters: The authors describe a critical disparity between commercial and defense technology adoption, noting that major tech companies collectively spent $227 billion on R&amp;D in 2023—forty-five times the Pentagon&#8217;s software investment. They argue that the Pentagon&#8217;s preference for in-house development and intellectual property control hampers innovation and creates inefficiencies.
&#8220;By shifting to a commercial software-first approach, the DOD can ensure that it remains agile, responsive, and prepared to meet the evolving challenges of the modern battlefield,&#8221; the authors concluded.
Palantir, which reported a 45% year-over-year increase in U.S. government revenue to $343 million in the fourth quarter, has seen its stock surge to $78.05, with analysts setting an <a href="https://www.benzinga.com/quote/PLTR/analyst-ratings">average price target</a> of $70.30. Wedbush Securities recently <a href="https://www.benzinga.com/markets/equities/24/12/42356725/alex-karp-supports-doge-as-trump-taps-palantirs-shyam-shankar-for-border-security-role-cannot-have-a-better-person-than-musk">compared investing in PLTR</a> to buying Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) stock in 2015.
Palantir demonstrates strong momentum, according to <a href="https://www.benzinga.com/quote/PLTR">Benzinga Edge ranking</a> with a sustained long-term uptrend, though its low-value score suggests potential overvaluation while growth remains moderate.
<figure class="wp-block-image size-full"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/11234151/Screenshot-2025-03-12-at-9.02.51%E2%80%AFAM.png" alt="" class="wp-image-819876" /></figure>
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>
</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.

PLTR

Palantir Calls For 'Software-First Approach' As Pentagon Spends Under 1% On Modern Warfare

Memecoins bounced back with a spirited rally Tuesday following Bitcoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) upward advances.
What happened: Frog-themed Pepe surged over 11% to become the most successful large-cap memecoin over the last 24 hours. The Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)-based coin was also the second-most traded meme coin in the 24-hour period.
Pepe was followed by Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)-based Bonk, which spiked over 8%, and Floki, which returned 7.39% to its holders in the last 24 hours.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 10:55 p.m. ET)</td>
</tr>
<tr>
<td>Pepe (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>)</td>
<td>+11.13%</td>
<td>$0.00006531</td>
</tr>
<tr>
<td>Bonk (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">BONK</a>)</td>
<td>+8.06%</td>
<td>$0.00001042</td>
</tr>
<tr>
<td>Floki (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">FLOKI</a>)</td>
<td>+7.39%</td>
<td>$0.00006101</td>
</tr>
</tbody>
</table>
</figure>
Blue-chip meme coins such as Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) and Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) also pleased their investors, surging 5.73% and 4.86%, respectively.
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/25/03/44240035/ethereum-shrinks-over-30-since-eric-trumps-great-time-to-add-eth-suggestion">Eric Trump&#8217;s &#8216;Great Time&#8217; To Buy ETH Backfires? Ethereum Plunges 30% Since His Buy Call</a>
Furthermore, President Donald Trump's Official Trump (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>) token rose 1.72% and was the only major meme coin to have recorded net gains year-to-date.
The total meme coin market capitalization reached $45.81 billion, following a 5.71% jump in the last 24 hours. However, over the last 30 days, the valuation has shrunk 32%.
The rise was <a href="https://www.benzinga.com/25/03/44267310/bitcoin-ethereum-dogecoin-recover-on-strategic-reserve-bill-in-congress-top-analyst-foresees-btcs-swift-move-to-88000-92000-if-this-happens">spurred by Bitcoin&#8217;s recovery to $83,000</a> Tuesday, a day after it fell below $76,000, after a bill aimed at funding the newly established Strategic Bitcoin Reserve was introduced in the House.
Image via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44239669/peter-schiff-says-hard-to-see-rationale-of-trumps-crypto-reserve-move-if-bitcoin-has-plunged-30-since-january-critics-clap-back-with-store-of-value-narrative">Peter Schiff Says Hard To See Rationale Of Trump&#8217;s Crypto Reserve Move If Bitcoin Has Plunged 30% Since January, Critics Clap Back With &#8216;Store Of Value&#8217; Narrative</a></li>
</ul>

Movers

Trading Ideas

$BONK

$ETH

$FLOKI

$PEPE

$SHIB

$TRUMP

Pepe Leads Memecoin Rebound WIth 11% Rally, But Dogecoin, Shiba Inu Not That Far Behind

As China's AI race accelerates, the viral autonomous agent Manus AI has partnered with Alibaba Group Holding Ltd's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) Qwen team to develop a localized version tailored for Chinese users.
What Happened: Manus, which was developed by Tencent Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>)-backed startup The Butterfly Effect, announced the development on Tuesday, <a href="https://www.scmp.com/tech/big-tech/article/3301986/ai-agent-manus-partners-alibabas-qwen-develop-chinese-version">reported</a> the South China Morning Post.
The partnership aims to ensure all Manus features run on domestic models and infrastructure, though a specific launch date has not been disclosed.
See Also: <a href="https://www.benzinga.com/tech/25/03/44238979/palantir-cofounder-peter-thiel-might-write-a-book-about-ancient-prophecies-the-antichrist-and-armageddon-he-thinks-were-ignoring-the-real-threat">Palantir Cofounder Peter Thiel Might Write A Book About Ancient Prophecies, The Antichrist, And Armageddon— He Thinks We&#8217;re Ignoring The Real Threat</a>
A representative from Alibaba Cloud confirmed the collaboration to the publication, saying both companies are working on open-source models and looking to support broader AI innovation in China.
Why It's Important: Manus gained <a href="https://in.benzinga.com/media/25/03/44214424/move-over-deepseek-not-so-fast-chinas-manus-ai-goes-viral-but-early-users-say-it-crashes-loops-and-fumbles-the-basics">global attention last week</a> after its invitation-only web preview showcased its ability to perform complex tasks.
A day after the launch of Manus AI Agent, Alibaba also introduced its latest AI reasoning model, saying that it outperforms competing models from OpenAI and DeepSeek.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Manus AI agent, which builds on models such as Anthropic's Claude and fine-tuned versions of Alibaba's Qwen, is now being compared to <a href="https://in.benzinga.com/markets/equities/25/03/44103985/74-of-deepseeks-output-mimics-openais-chatgpt-new-study-reveals-it-does-raise-questions-about-its-development">Chinese AI frontrunner</a> DeepSeek.
Moreover, Alibaba's Qwen models, open-sourced since August 2023, have powered more than 90,000 derivative models worldwide, according to data from Hugging Face, an AI and machine-learning developer platform.
Alibaba&#8217;s wholesale marketplace arm has also set an ambitious goal for full AI adoption by <a href="https://www.benzinga.com/markets/25/03/44241563/alibabas-wholesale-marketplace-arm-sets-ambitious-goal-for-full-ai-adoption-by-merchants-in-2025">merchants by the end of 2025</a>.
Price Action: Alibaba shares have climbed 63.65% year-to-date. On Tuesday, the stock rose 4.789% to $139.02 during the regular session and added another 0.97% afterward, <a href="http://pro.benzinga.com/">according to Benzinga Pro</a>.
Photo Courtesy: Tada Images on Shutterstock.com
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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<li><a href="https://www.benzinga.com/25/01/43120820/if-you-invested-1000-in-bitcoin-when-peter-thiel-said-the-top-crypto-might-not-rise-dramatically-heres-how-much-youd-have-made-today" target="_blank" rel="noreferrer noopener">If You Invested $1,000 In Bitcoin When Billionaire Peter Thiel Said BTC Might Not Rise ‘Dramatically,' Here's How Much You'd Have Made Today</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

BABA

TCEHY

China's Viral AI Agent Manus Taps Alibaba's Qwen For Local Expansion: What You Need To Know

Bridgewater Associates founder Ray Dalio warned on Wednesday that the United States faces a &#8220;very severe&#8221; supply-demand problem that could lead to &#8220;shocking developments&#8221; in <a href="https://www.benzinga.com/25/02/43966706/ray-dalio-urges-trump-to-cut-deficits-to-3-of-gdp-within-three-years-or-let-the-economy-suffer">the near future</a>.
What Happened: &#8220;The first thing is the debt issue,&#8221; Dalio said at the CONVERGE LIVE event in Singapore, emphasizing that the federal government will need to sell more debt than global markets can absorb, <a href="https://www.cnbc.com/2025/03/12/ray-dalio-warns-growing-us-debt-will-lead-to-shocking-developments.html">reported</a> CNBC.
The billionaire investor stressed the urgency of reducing the U.S. deficit from its projected 7.2% of GDP to approximately 3% — a substantial adjustment that would require significant fiscal changes.
&#8220;That&#8217;s a big deal. You are going to see shocking developments in terms of how that&#8217;s going to be dealt with,&#8221; Dalio warned.
His comments come amid <a href="https://www.benzinga.com/25/03/44260839/tech-stocks-bitcoin-strongly-rebound-as-ukraine-backs-us-proposal-for-30-day-ceasefire-with-russia">recent market volatility triggered</a> by trade policy uncertainty, adding to Wall Street&#8217;s concerns about global economic stability.
See Also:&nbsp;<a href="https://www.benzinga.com/25/03/44260839/tech-stocks-bitcoin-strongly-rebound-as-ukraine-backs-us-proposal-for-30-day-ceasefire-with-russia" target="_blank" rel="noreferrer noopener">Markets Bounce As Ukraine Expresses Readiness For 30-Day Ceasefire Proposal With Russia</a>
Why It Matters: In previous statements at the World Governments Summit in February, Dalio likened the $36.4 trillion federal debt to plaque <a href="https://www.benzinga.com/markets/25/02/43756938/ray-dalio-warns-of-looming-us-debt-crisis-says-america-faces-economic-heart-attack-without-fiscal-cuts">clogging the financial system&#8217;s arteries</a>, warning of a potential &#8220;economic heart attack&#8221; without immediate action. The current debt-to-GDP ratio stands at approximately 125%, with federal debt having surged 80% since 2020 while GDP grew only 38%.
Dalio has consistently advocated for his &#8220;3% solution,&#8221; which combines spending cuts, tax adjustments, and careful interest rate management. He recently supported President Donald Trump&#8216;s proposal for <a href="https://www.benzinga.com/25/02/43966706/ray-dalio-urges-trump-to-cut-deficits-to-3-of-gdp-within-three-years-or-let-the-economy-suffer">interest rate reductions</a> but emphasized these must be accompanied by spending cuts to effectively address the deficit.
According to the Congressional Budget Office, annual budget deficits are projected to average 6.1% of GDP through 2035 — significantly higher than the 50-year average of 3.8% — with national debt potentially rising by nearly $24 trillion <a href="https://www.benzinga.com/25/02/43966706/ray-dalio-urges-trump-to-cut-deficits-to-3-of-gdp-within-three-years-or-let-the-economy-suffer">over the next decade</a>.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Ray Dalio Warns US Debt Crisis Could Trigger 'Shocking Developments' Calls To Reduce Deficit At 3% Of GDP

The House Financial Services Committee held a hearing Tuesday to discuss the need for stablecoin regulation and the harmful impacts&nbsp;of a U.S. Central Bank&nbsp;Digital Currency.
What Happened: The hearing was led by Chairman Rep.&nbsp;French Hill&nbsp;(R-AR) and was titled &#8220;Examining&nbsp;a Federal Framework for Payment&nbsp;Stablecoins and Consequences of a&nbsp;U.S. Central Bank Digital Currency,&#8221; according to a press release.
The committee members examined the potential of blockchain technology, especially in stablecoin payments. They also discussed the STABLE Act—a legislation introduced in the House last month that aims to establish a clear regulatory framework for payment stablecoins while adhering to U.S. anti-money laundering and sanctions laws.&nbsp;
&#8220;A properly regulated stablecoin market can strengthen the U.S. dollar's dominance, modernize our payments infrastructure, and promote financial access without government overreach,&#8221; Hill stated.
Furthermore, the committee deliberated on the Anti-CBDC Surveillance State Act that prohibits the use of CBDCs for monetary policy. 
&#8220;CBDCs introduce significant privacy risks and are fundamentally the antithesis of American values,"&nbsp;said House Majority Whip Rep. Tom Emmer&nbsp;(R-Minn.), who introduced the bill.
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/25/03/44240035/ethereum-shrinks-over-30-since-eric-trumps-great-time-to-add-eth-suggestion">Eric Trump&#8217;s &#8216;Great Time&#8217; To Buy ETH Backfires? Ethereum Plunges 30% Since His Buy Call</a>
Why It Matters: The hearing comes in the wake of the growing influence of stablecoins in financial markets. A report by Bernstein last month <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43810566/stablecoins-are-a-big-deal-but-not-where-youd-expect-bernstein-says">highlighted the role of U.S. dollar-pegged coins</a> such as Tether (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDT</a>) and USD Coin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>) in streamlining international money transfers.
However, the report also mentioned that their primary use case remains within cryptocurrency capital markets rather than mainstream payment systems​.
Regulations around cryptocurrencies have gained momentum since President Donald Trump took office. The <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44261690/bitcoin-act-of-2025-introduced-in-the-house-of-representatives#:~:text=Actof2025inthe,financialtoolswithouttaxpayerfunding.">Bitcoin Act of 2025</a> was introduced in the House on Tuesday, aiming to fund the newly established Strategic Bitcoin Reserve.
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44239669/peter-schiff-says-hard-to-see-rationale-of-trumps-crypto-reserve-move-if-bitcoin-has-plunged-30-since-january-critics-clap-back-with-store-of-value-narrative">Peter Schiff Says Hard To See Rationale Of Trump&#8217;s Crypto Reserve Move If Bitcoin Has Plunged 30% Since January, Critics Clap Back With &#8216;Store Of Value&#8217; Narrative</a></li>
</ul>
Photo Courtesy: Rokas Tenys On Shutterstock.com
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

Government

Regulations

Politics

$USDC

$USDT

House Committee Favors Stablecoin Regulation To 'Strengthen' Dollar: Majority Whip Says CBDCs Against 'American Values'

Wall Street&#8217;s slump persisted on Tuesday as major indices ended the day lower. The Dow Jones Industrial Average slid 1.1% to 41,433.48, while the S&amp;P 500 dipped 0.75% to 5,572.07. The Nasdaq also edged down nearly 0.2% to 17,436.10.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
XPeng Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>)
XPeng shares rose by 14.77% to close at $26.34. The stock hit an intraday high of $27.16 and a low of $25.25. The company&#8217;s 52-week high and low are $27.16 and $6.55, respectively. The surge followed the company&#8217;s announcement of considering a <a href="https://in.benzinga.com/25/03/44251336/whats-going-on-with-xpeng-shares-tuesday">significant investment in humanoid robots</a>. The company could invest up to $13.8 billion in the robots.
Hesai Group&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSAI#NASDAQ">HSAI</a>)
Hesai Group shares soared by 50.41% to close at $24.08 after securing a <a href="https://www.benzinga.com/news/global/25/03/44262398/hesai-group-stock-is-soaring-tuesday-whats-driving-the-action">multi-year deal</a> with Mercedes-Benz to supply Lidar sensors. The stock&#8217;s intraday high was $24.18 and the low was $18.32. The 52-week high was $24.18, and the low was $3.52.
Kohl&#8217;s Corp.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KSS#NYSE">KSS</a>)
Kohl&#8217;s shares fell by 24.07% to close at $9.15. The stock&#8217;s intraday high and low were $10.56 and $8.75 respectively. The 52-week high and low are $29.60 and $8.75, respectively. The drop came after the company warned of a <a href="https://www.benzinga.com/25/03/44262764/kohls-ceo-warns-of-pretty-challenging-environment-for-consumers-expects-value-seeking-to-grow-over-next-3-months">challenging environment</a> for consumers. The CEO noted that consumers are looking for more value in their purchases.
Groupon Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRPN#NASDAQ">GRPN</a>)
Groupon shares slipped by 0.61% to close at $9.77. The stock&#8217;s intraday high and low were $9.98 and $9.21, respectively. The 52-week high was $19.56, and the low was $7.76. The company reported <a href="https://www.benzinga.com/news/earnings/25/03/44263961/groupon-stock-moves-higher-after-q4-earnings-company-says-momentum-has-carried-into-2025">fourth-quarter revenue</a> of $130.38 million, beating estimates of $127.74 million.
Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla shares rose by 3.79% to close at $230.58. The stock&#8217;s intraday high and low were $237.06 and $217.02. The 52-week high and low are $488.54 and $138.80, respectively. The rise came amid President Donald Trump holding a <a href="https://www.benzinga.com/25/03/44266805/trump-turns-white-house-into-tesla-showroom-says-elon-musk-was-treated-very-unfairly-heres-the-car-he-picked-for-himself">private car show featuring</a> only Tesla vehicles at the White House. 
Image via Shutterstock
Prepare for the day&#8217;s trading <a href="https://editorial.benzinga.com/wp-admin/%E2%80%9CPremarket">with top premarket movers and news</a> by Benzinga.
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

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As Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) reportedly <a href="https://in.benzinga.com/tech/25/03/44211544/apple-breaks-tradition-with-a-flood-of-new-releases-explores-smart-glasses">rethinks its strategy</a> for AR wearables, Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google is doubling down with a possible $115 million acquisition of eye-tracking startup AdHawk Microsystems.
What Happened: Google is in final talks to acquire AdHawk, a Canadian startup specializing in advanced eye-tracking hardware and software, <a href="https://www.bloomberg.com/news/articles/2025-03-11/google-googl-is-poised-to-acquire-eye-tracking-startup-adhawk-for-glasses?utm_medium=email&amp;utm_source=author_alert&amp;utm_term=250311&amp;utm_campaign=author_19842959&amp;sref=9hGJlFio">reported</a> Bloomberg on Tuesday, citing people with knowledge of the matter.
The reported deal includes $15 million in performance-based payments and is expected to close this week.
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Founded in 2017, AdHawk developed MindLink smart glasses and low-power components that can track eye movements.
AdHawk's staff is expected to join Google's Android XR team, the report noted. Google's team is already working on software for next-gen headsets, including a <a href="https://www.benzinga.com/25/01/43151196/samsung-google-team-up-to-develop-ar-glasses-entering-the-race-against-meta-and-apple">joint device</a> with Samsung Electronics Co. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>).&nbsp;
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It's Important: The acquisition underscores <a href="https://www.benzinga.com/news/23/03/31376205/what-went-wrong-with-google-glass-enterprise-inside-look-at-the-discontinued-ar-project">Google's renewed focus</a> on augmented reality. In 2023, the tech giant had halted the sales of its Google Enterprise smart glasses and discontinued software support.
Meanwhile, AdHawk has been available in the market for several years. In fact, in 2022, Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) explored the possibility of acquiring it.
Apple is also said to be exploring a new design for lightweight glasses by 2030 after the Vision Pro's <a href="https://www.benzinga.com/news/24/07/39747111/apples-vision-pro-struggles-to-find-its-killer-app-to-justify-3-500-price-tag-just-not-quite-hit-the">lukewarm reception</a>.&nbsp;
Price Action: As of this writing, Alphabet's Class A shares rose 0.11% in after-hours trading to $164.23, while Class C shares climbed 0.096% to $166.14. Apple's stock closed Tuesday's regular session at $220.84, down 2.92%, but edged up 0.10% in after-hours trading, according to the <a href="https://benzinga.grsm.io/lxquj26b2sag">data from Benzinga Pro</a>.
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Image via Shutterstock
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Apple's AR Glasses Approach Aside, Google Makes Its Move On Eye-Tracking Tech With $115 Million AdHawk Acquisition: Report

Leading cryptocurrencies bounced back Tuesday after a Strategic Bitcoin Reserve bill was tabled in the House of Representatives.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:45 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>+7.69%</td>
<td>$82,733.64</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+5.57%</td>
<td>$1,910.35</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+10.04%</td>
<td>$0.1652</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin topped $83,000 in the late afternoon and held on as&nbsp; Rep. Nick Begich (R-AK) introduced the <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44261690/bitcoin-act-of-2025-introduced-in-the-house-of-representatives">Bitcoin Act of 2025</a>, aiming to fund the President Donald Trump-announced Strategic Bitcoin Reserve without taxpayer funding.
The positive sentiment rubbed off on the rest of the market as Ethereum rose above $1,950, a day after plunging below $1,800.
Meanwhile, Bitcoin's market dominance hit a yearly high of 61.3%, while Ethereum's market share fell to 8.6%.
The relief rally hit bearish traders, wiping away $265 million worth of short positions in the last 24 hours.&nbsp;
Bitcoin's Open Interest jumped 3.37% over the last 24 hours, while the percentage of futures traders positioned long on the apex cryptocurrency rose to 51%.
The Crypto Fear and Greed Index sentiment moved from the "Extreme Fear" to the "Fear" zone.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:45 p.m. ET)</td>
</tr>
<tr>
<td>Kaspa (KAS)</td>
<td>+27.07%</td>
<td>$0.4805</td>
</tr>
<tr>
<td>Bittensor (TAO)</td>
<td>+20.60%</td>
<td>$262.09</td>
</tr>
<tr>
<td>Celestia (TIA)</td>
<td>+19.59%</td>
<td>$3.24</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $2.68 trillion, following an increase of 6.28% in the last 24 hours.
Stocks edged lower for the second straight trading day of the week. The Dow Jones Industrial Average slid 478.23 points, or 1.14%, to close at 41,433.48. The S&amp;P 500 fell 0.75%, ending at 5,572.07. The tech-focused Nasdaq Composite lost 0.18% to close at 17,436.10.
The grim sentiment prevailed after Trump announced <a href="https://www.benzinga.com/news/25/03/44253100/trump-slaps-50-tariff-on-canadian-steel-aluminum-threatens-auto-industry">imposing </a>an additional 25% tariff on steel and aluminum imports from Canada on Tuesday, bringing the total levy to 50%. However, hours later, White House said that only the previously planned 25% tariffs would go into effect.
Investors awaited February's <a href="https://in.benzinga.com/25/03/44246635/traders-brace-for-pivotal-february-inflation-data-as-stagflation-fears-weigh-on-wall-street-what-to-expect">consumer price index data</a>, which is due Wednesday, hoping that price pressures will cool amid fears of a recession.
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Analyst Notes: Popular on-chain analytics firm CryptoQuant noted significant whale interest in Bitcoin amid the corrective price action.
"Despite the continued correction in Bitcoin, whales have accumulated more than 65,000 BTC in the last 30 days, indicating high buying pressure from large network participants," CryptoQuant stated.
"If this pattern continues for a few more weeks, it will signal constant buying pressure similar to what we had between November and December."
<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">Whales accumulated over 65,000 BTC "Despite the continued correction in bitcoin, whales have accumulated more than 65 thousand bitcoins in the last 30 days, indicating high buying pressure from large network participants." – By <a href="https://twitter.com/caueconomy?ref_src=twsrc%5Etfw">@caueconomy</a> Read more &#x2935;&#xFE0F;<a href="https://t.co/Hw72K0h47B">https://t.co/Hw72K0h47B</a> <a href="https://t.co/3RG7s0iR1j">pic.twitter.com/3RG7s0iR1j</a>
&mdash; CryptoQuant.com (@cryptoquant_com) <a href="https://twitter.com/cryptoquant_com/status/1899464577966018585?ref_src=twsrc%5Etfw">March 11, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Widely followed cryptocurrency analyst Michaël van de Poppe weighed in on Bitcoin's relief rally, stating that the leading digital asset has yet to break through a crucial level.
"I think that the next test is the massive one. If $82,500-$83,500 breaks, probably we&#8217;ll see $88-92,000 in a swift move," he predicted.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> didn&#39;t break through the crucial level, yet. I think that the next test is the massive one. If $82.5-83.5K breaks, probably we&#39;ll see $88-92K in a swift move. <a href="https://t.co/BmkXPQtA42">pic.twitter.com/BmkXPQtA42</a>
&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1899513651616235766?ref_src=twsrc%5Etfw">March 11, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo by Avi Rozen on Shutterstock
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Bitcoin, Ethereum, Dogecoin Recover On Strategic Reserve Bill In Congress: Top Analyst Foresees BTC's 'Swift Move' To $88,000-$92,000 If This Happens

Kevin O'Leary sure <a href="https://youtube.com/shorts/qkOd7vVKSBE?si=JjvcramY5SLjZOzG">likes to speak his mind</a>, and when it comes to Tesla&nbsp; (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) he's been all over the map. The Shark Tank investor has told the story multiple times—if Elon Musk had walked into Shark Tank before launching Tesla and pitched the idea of an electric car company, O'Leary would have shut it down immediately. "I would say, ‘You're crazy,'" he told <a href="https://www.cnbc.com/video/2020/05/07/why-kevin-oleary-would-have-said-no-to-tesla-on-shark-tank.html">CNBC in 2020</a>, emphasizing that he typically only backs profitable businesses with a clear path to making money.
But despite his initial skepticism, O'Leary did end up investing in Tesla. He credits that decision to his son, Trevor, who interned at the company and saw its potential long before O'Leary did. In a <a href="https://youtube.com/shorts/qkOd7vVKSBE?si=JjvcramY5SLjZOzG">2022 YouTube clip</a>, O'Leary recalled his reaction when he first considered the stock: "I want to short that stock, it's such a joke. It's a car company that's trading at a ridiculous price."
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Trevor didn't hold back. "No, you're a joke," he told his father. "You don't understand what Tesla is doing. I work there." He explained that Tesla wasn't just making cars—it was a data company. "Every mile a Tesla drives goes into a mapping database for autonomous cars," he said.
That was all O'Leary needed to hear. "I didn't know that," he admitted. Without hesitation, he bought Tesla stock, then put it on the back burner. Months later, he checked his portfolio and was shocked—his Tesla investment had jumped 1,000%.
Since then, O'Leary has become one of Tesla's biggest supporters. In December, he praised Musk's approach <a href="https://www.linkedin.com/feed/posts/kevinolearytv_elon-musk-built-tesla-into-the-most-successful-activity-7267303863819354112-2M3g/">on social media</a>, writing, "Elon Musk built Tesla into the most successful EV company by taking big risks and creating his own infrastructure. The others are losing money and failing to scale. Maybe they shouldn't survive."
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Six months ago, he took his praise even further, calling Musk "a modern-day Bruce Wayne—no BS, completely transparent, and knows how to get things done." O'Leary even suggested that if more leaders operated like Musk, "this country would be in a much better place."
But lately, Tesla's stock has been taking a beating. As of March 7, Tesla <a href="https://www.benzinga.com/quote/TSLA">closed at $262.67</a>, down 10% for the week and nearly 50% from its December high of $479.86. Musk's political involvement—particularly his alliance with President Donald Trump and his role in the Department of Government Efficiency—has fueled backlash. Some Tesla owners and potential buyers now see the brand as a political statement they no longer want to make.
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>
Sales are also slipping. In Europe, Tesla's <a href="https://www.acea.auto/pc-registrations/new-car-registrations-2-6-in-january-2025-battery-electric-15-market-share/">registrations dropped 45%</a> in January, even as EV sales overall climbed. California and other key markets have seen similar declines. Protests and even vandalism at Tesla showrooms have added to the company's brand struggles.
While O'Leary once dismissed the company, he now sees it as a prime example of bold leadership and innovation. However, with <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/03/44143606/tesla-stock-nears-50-drop-from-all-time-highs-analyst-says-difficult-fundamental-conditions-ahead">Tesla's stock sliding</a> and Musk's political involvement stirring controversy, the bigger question is whether the brand can withstand the backlash—or if the man behind it will prove, once again, that betting against him is a mistake.
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