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TNL Mediagene (NASDAQ:TNMG) 株価情報, 空売り情報

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President Donald Trump has declared a significant reduction in the high tariffs placed on Chinese goods, although they will not be completely abolished.
What Happened: At a White House press conference on Tuesday, Trump addressed earlier remarks made by Treasury Secretary Scott Bessent, who had reportedly characterized the high tariffs as &#8220;unsustainable&#8221; and stated that he expects &#8216;de-scalation&#8217; in U.S.-China tariffs.
Trump also assured that the final tariff rate with China would be &#8220;substantially&#8221; lower than the current 145%. &#8220;It won&#8217;t be that high, not going to be that high,&#8221; Trump said, <a href="https://www.youtube.com/watch?v=3y7qVfTmqqw">reported </a>The Associated Press. However, he emphasized, &#8220;It won&#8217;t be zero.&#8221;
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Previously, Trump had enforced a 145% import tax on Chinese goods, which China countered with a 125% tariff on U.S. goods. Bessent had anticipated a &#8220;de-escalation&#8221; in the ongoing trade war between the two economic powerhouses.
Although Trump did not directly comment on whether he found the current situation with China to be unsustainable, he expressed optimism about the future of U.S.-China relations. He stated, &#8220;We&#8217;re doing fine with China,&#8221; and pledged to be &#8220;very nice&#8221; to Chinese President&nbsp;Xi Jinping.
Trump further stated that the U.S. is not going to &#8216;play hardball&#8217; with China and that country would &#8216;have to&#8217; make a deal with the U.S. &#8220;If they don&#8217;t make a deal, we will set the deal,&#8221; asserted Trump. 
SEE ALSO:&nbsp;<a href="https://benzinga.com/25/04/44915713/charlie-munger-once-said-he-could-go-on-and-on-listing-why-he-wont-want-donald-trump-in-the-oval-office" target="_blank" rel="noreferrer noopener">Charlie Munger Once Predicted That Trump Could Be &#8216;Quite Decisive&#8217; But Still Didn&#8217;t Want Him To Be President: Here&#8217;s Why</a>
Why It Matters: This announcement comes after a series of events that have escalated the US-China trade conflict. Earlier, the White House stated that Trump had called upon China to initiate <a href="https://www.benzinga.com/25/04/44832771/the-ball-is-in-chinas-court-trump-says-as-white-house-awaits-beijings-call-china-needs-to-make-a-deal-with-us">negotiations</a>, stating that the &#8220;ball is in China&#8217;s court&#8221; and emphasizing China&#8217;s reliance on the American consumer.
Shortly after, China&#8217;s Ministry of Commerce <a href="https://www.benzinga.com/25/04/44891949/chinese-commerce-ministry-pledges-retaliation-against-countries-isolating-beijing-with-us-at-the-expense-of-chinas-interests">warned </a>against the U.S. using tariffs to coerce other countries into restricting economic and trade cooperation with China. Notably, the U.S. also <a href="https://www.benzinga.com/markets/equities/25/04/44916963/first-solar-stock-surges-over-7-in-pre-market-as-us-sets-up-to-3500-tariffs-on-chinese-owned-southeast-asian-solar-cells">imposed </a>up to 3,500% tariffs on most solar cells imported from Southeast Asia, a move that was seen as a counter to unfair trade practices by Chinese-owned companies.
<ul>
<li>READ MORE:&nbsp;<a href="https://benzinga.com/news/25/04/44885628/mark-cuban-says-health-insurance-shouldnt-exist-you-dont-have-to-grab-every-nickel-when-its-the-health-of-th" target="_blank" rel="noreferrer noopener">Mark Cuban Says Health Insurance Shouldn&#8217;t Exist — &#8216;You Don&#8217;t Have to Grab Every Nickel When It&#8217;s the Health of the Entire Country at Stake&#8217;</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.

News

Economics

Markets

General

Trump Pledges 'Substantial' Cut In China Tariffs, But Refuses To Make It 'Zero:' 'If They Don't Make A Deal, We Will Set The Deal'

Nuveen Insured California Premium Fund Ii

Reported Earlier, Northann Corp. Receives Filing Delinquency Notice From NYSE For Missing 10-K Deadline

Operations
<ul>
<li>Maintained exceptional production from Sangomar of 78 Mbbl/day (Woodside equity interest) produced in the quarter.</li>
<li>Quarterly production of 49.1 MMboe (546 Mboe/day), down 4% from Q4 2024 due to weather impacts at NWS and unplanned outages at Pluto, partially offset by higher production at Shenzi and Atlantis. Quarterly production increased 9% from Q1 2024 due to the addition of Sangomar production.</li>
<li>Quarterly revenue of $3,315 million, down 5% from Q4 2024 primarily due to lower production and lower oil-linked prices. Quarterly revenue increased 13% from Q1 2024 due to Sangomar start-up in July 2024 and high gas hub-linked prices.</li>
<li>Sold 25.4% of produced LNG at prices linked to gas hub indices in the quarter (9.4% of total equity production).</li>
</ul>

Earnings

Reported Earlier, Woodside Energy Q1 Revenue $3.315B Up From $2.945B YoY; Quarterly Production 49.1 MMboe (+9% YoY)

ABUS

Arbutus Biopharma To Present Key Hepatitis B Data, Including Late-Breaker, At EASL Congress 2025

Billionaire investor Bill Ackman, CEO of Pershing Square Capital Management, commended Treasury Secretary Scott Bessent on Tuesday as markets struggle with trade policy uncertainty.
What Happened: Bessent, &#8220;is a steady hand on the wheel guiding us on a windy road that will get our country where we need to go. Thank you Scott,&#8221; Ackman wrote on X, responding to Bessent&#8217;s announcement about participating in the 2025 World Bank Group-IMF Spring Meetings taking place April 21-26 in Washington, D.C.
Ackman&#8217;s &#8220;windy road&#8221; metaphor likely references the volatile financial landscape shaped by trade tensions. His support follows his earlier praise for the President Donald Trump <a href="https://www.benzinga.com/news/global/25/04/44723751/billionaire-investor-bill-ackman-praises-trumps-tariff-pause-thank-you-on-behalf-of-all-americans">administration&#8217;s 90-day tariff pause</a>.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">.<a href="https://twitter.com/SecScottBessent?ref_src=twsrc%5Etfw">@SecScottBessent</a> is a steady hand on the wheel guiding us on a windy road that will get our country where we need to go. Thank you Scott. <a href="https://t.co/B5jT8rP2ay">https://t.co/B5jT8rP2ay</a>
&mdash; Bill Ackman (@BillAckman) <a href="https://twitter.com/BillAckman/status/1914862616721174613?ref_src=twsrc%5Etfw">April 23, 2025</a></blockquote>
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The endorsement comes as markets face significant pressure. Fundstrat&#8217;s Tom Lee urged Bessent and Commerce Secretary Howard Lutnick to expedite trade agreements for a positive &#8220;policy shock&#8221; to markets after <a href="https://www.benzinga.com/25/04/44915795/tom-lee-urges-bessent-and-lutnick-to-put-points-on-the-board-for-a-positive-policy-shock-to-the-stock-market">U.S. equities shed $1.4 trillion in value on Monday</a>.
&#8220;White House needs to put points on the board,&#8221; Lee stated, emphasizing the urgency for concrete trade deals. Markets have declined substantially, with the Nasdaq 100, S&amp;P 500, and Dow Jones indexes dropping over 10% from recent peaks.
See Also: <a href="https://www.benzinga.com/25/04/44941025/tesla-optimus-robot-hit-by-chinas-rare-earth-magnet-crackdown-elon-musk-says-thousands-may-be-ready-by-year-end-but-no-guarantees-when-you-have-a-complex-manufactured-product">Tesla Optimus Robot Hit By China&#8217;s Rare Earths Crackdown — Elon Musk Says Thousands May Be Ready By Year-End, But No Guarantees</a>
Why It Matters: Complicating matters, Trump recently criticized Federal Reserve Chairman Jerome Powell, calling him &#8220;Mr. Too Late&#8221; and raising concerns about Fed independence. White House economic adviser Kevin Hassett acknowledged the administration was &#8220;continuing to study&#8221; <a href="https://www.benzinga.com/news/25/04/44935195/elizabeth-warren-says-if-trump-illegally-fires-fed-chair-powell-hell-crash-our-markets-cause-more-economic-pain-to-american-families">whether Powell could be removed</a>.
Ackman previously attributed recent market volatility to &#8220;forced selling&#8221; by highly leveraged traders rather than economic fundamentals, cautioning against <a href="https://www.benzinga.com/government/regulations/25/04/44759639/bill-ackman-blames-forced-selling-by-leveraged-traders-for-market-chaos-investors-are-reading-too-much-into-short-term-market-movements">over-interpreting short-term market movements</a>.
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) showed modest rebounds on Tuesday.
Read Next:
<ul>
<li><a href="https://benzinga.com/25/04/44855242/charlie-munger-once-highlighted-how-warren-buffetts-lifelong-learning-made-berkshire-hathaways-success-possible-and-the-crucial-lesson-you-can-take-from-it?tblci=GiAShVRBa42nCBtWlx7IMC67Vo2BcWpr85L5I7snseW6sCCN1VcolqTZ7-yIiJzNATDviEo" target="_blank" rel="noreferrer noopener">Charlie Munger Once Said Warren Buffett Is A ‘Learning Machine' And That's What Lies Beneath Berkshire Hathaway's Success From One Decade To Another</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Maxim Elramsisy / Shutterstock.com

Politics

Bill Ackman Praises Treasury Secretary Scott Bessent As 'Steady Hand' Ahead Of World Bank-IMF Spring Meetings

Tariffs and trade policy shifts Recent tariffs and other trade restrictions imposed or considered to be imposed by the US and other countries have significantly increased uncertainty about trade conditions in markets where the Group is present, as well as in relation to global and regional supply chains. The situation is fast-changing and complex to assess, and no predictions can be made on future developments, potential impacts on the Group or whether trade restrictions may impact the Group more severely than main competitors. However, the introduction of tariffs, retaliatory tariffs or other trade restrictions on our vehicles, parts, and other products and materials could disrupt existing supply chains, impose additional costs on our business or that of our suppliers, create sudden disadvantages for Group operations compared to competitors having different supply chains, and could generally make our products more expensive for customers and/or less competitive.&nbsp;
Recent developments in global trade policies have also increased the risk of a broader economic slowdown. Such developments could negatively impact global demand and lead to increased costs for e.g. raw materials, components, transport and energy. A prolonged period of trade uncertainty may also negatively affect investment levels and customer purchasing behavior, particularly in Group key markets. The Group will endeavor to adapt to changes in market conditions as they may evolve, but the introduction of trade restrictions and changes in trade policies could, individually or in combination, have a material adverse effect on the Groupʼs business and financial performance.

VLVLY

Volvo Aims To Adapt To Evolving Trade Policies; However, Rising Tariffs And Uncertainty May Adversely Impact Costs, Demand, And Competitiveness

Volvo (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VLVLY#OTC">VLVLY</a>) reported quarterly earnings of SEK 4.86 per share which missed the analyst consensus estimate of SEK 5.51 by 11.8 percent. This is a 29.77 percent decrease over earnings of SEK 6.92 per share from the same period last year. The company reported quarterly sales of SEK 121.80 billion which missed the analyst consensus estimate of SEK 125.67 billion by 3.08 percent. This is a 7.16 percent decrease over sales of SEK 131.20 billion the same period last year.

Earnings Misses

Volvo Q1 2025 GAAP EPS SEK 4.86 Misses SEK 5.51 Estimate, Sales SEK 121.80B Miss SEK 125.67B Estimate

Accenture Acquires TalentSprint To Strengthen LearnVantage's AI-Era Upskilling Capabilities For Enterprises And Governments

Lupin Taps Hewlett Packard Enterprise to Modernize Private Cloud, Cut IT Costs, And Boost Innovation

The CNN Money Fear and Greed index showed further easing in overall fear level, while the index remained in the &#8220;Extreme Fear&#8221; zone on Tuesday.
U.S. stocks settled higher on Tuesday, with the Dow Jones index jumping more than 1,000 points during the session.
3M Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) reported better-than-expected first-quarter 2025 results. Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) reported upbeat fiscal first-quarter results Tuesday.
Shares of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) gained over 5% in after-hours trading on Tuesday after the company posted financial results for its first quarter.
On the economic data front, the U.S. Redbook Index rose by 7.4% year-over-year in the week ending April 19.
All sectors on the S&amp;P 500 closed on a positive note, with financial, consumer discretionary, and communication services stocks recording the biggest gains on Tuesday.
The Dow Jones closed higher by around 1,017 points to 39,186.98 on Tuesday. The S&amp;P 500 jumped 2.51% to 5,287.76, while the Nasdaq Composite surged 2.71% to 16,300.42 during Tuesday's session.
Investors are awaiting earnings results from Philip Morris International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>), GE Vernova Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>), and AT&amp;T Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 24.4, the index remained in the &#8220;Extreme Fear&#8221; zone on Tuesday, versus a prior reading of 21.6.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based&nbsp;on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44920101/top-2-tech-and-telecom-stocks-you-may-want-to-dump-this-quarter">Top 2 Tech And Telecom Stocks You May Want To Dump This Quarter</a> </li>
</ul>
Photo courtesy: Shutterstock

Pre-Market Outlook

Trading Ideas

TSLA

Dow Jumps Over 1,000 Points Amid Upbeat Earnings: Greed Index Remains In 'Extreme Fear' Zone

Investors, including former Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) bull Ross Gerber, appear increasingly skeptical of CEO Elon Musk's ambitious projections following the electric vehicle maker's rough first-quarter results, which saw profits plunge 71% year over year.
What Happened: On Tuesday evening, Gerber posted a cryptic message on X, saying, &#8220;This song is perfect,&#8221; alongside a link to Michael Franti and Spearhead's 2006 track Sweet Little Lies on Apple Music.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This song is perfect. <a href="https://t.co/a2UXKa5nVO">https://t.co/a2UXKa5nVO</a>
&mdash; Ross Gerber (@GerberKawasaki) <a href="https://twitter.com/GerberKawasaki/status/1914820741117436045?ref_src=twsrc%5Etfw">April 22, 2025</a></blockquote>
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See More: <a href="https://www.benzinga.com/25/04/44941025/tesla-optimus-robot-hit-by-chinas-rare-earth-magnet-crackdown-elon-musk-says-thousands-may-be-ready-by-year-end-but-no-guarantees-when-you-have-a-complex-manufactured-product">Tesla Optimus Robot Hit By China&#8217;s Rare Earths Crackdown — Elon Musk Says Thousands May Be Ready By Year-End, But No Guarantees</a>
In a separate post, Gerber said that in the 11 years that he&#8217;s been covering the company, this is the worst performance he&#8217;s seen. &#8220;I get Elon will tell everyone about trillions of TAM [total addressable market] and robots taking over the world… anything to get you not to look at the facts,&#8221; he says.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I've done Tesla calls for 11 years. This is the worst performance I've seen in Tesla's history. I get Elon will tell everyone about trillions of TAM and robots taking over the world… anything to get you not to look at the facts. As Elon darts off to xAI after he announces he is…
&mdash; Ross Gerber (@GerberKawasaki) <a href="https://twitter.com/GerberKawasaki/status/1914692869073592478?ref_src=twsrc%5Etfw">April 22, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Some analysts, however, are finding silver linings in Tesla's latest results. Gary Black, managing partner at The Future Fund, said on X that the company's "earnings quality was fairly high" this quarter, pointing out that, unlike previous periods, profits weren't heavily propped up by sales of zero-emission vehicle (ZEV) credits.
Black also says that Tesla's operating, other operating, and non-operating expenses were significantly higher during the quarter, further reinforcing his point of earnings quality being fairly high.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">2/ <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> earnings quality was fairly high: Unlike prior quarters, TSLA's P&amp;L did not get much of a boost from sale of ZEV credits ($595M), SG&amp;A (6.5% of Rev), and Other expense lines (Other operating expense -$94M, Other non-operating expense -$119M), which came in worse than…
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1914787926262546711?ref_src=twsrc%5Etfw">April 22, 2025</a></blockquote>
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Why It Matters: Analysts and even investors who were previously bullish on the company have voiced their concerns regarding Musk&#8217;s time away from the company.
This includes Dan Ives of Wedbush Securities, who on Tuesday said, &#8220;Musk <a href="https://benzinga.com/analyst-ratings/analyst-color/25/04/44933432/tesla-in-code-red-situation-as-analyst-flags-6-threats-tied-to-musks-government-role">needs to leave the govt</a>, take a step back on DOGE, and get back to being CEO of Tesla full-time in our view.&#8221;
Musk, who&#8217;s been spearheading the U.S. Government&#8217;s Department of Government Efficiency said during the earnings call on Tuesday that he will be <a href="https://benzinga.com/25/04/44940401/elon-musk-says-hell-only-spend-day-or-two-per-week-on-government-matters-to-ensure-fraud-does-not-come-roaring-back-ceos-focus-to-shift-to-tesla-beginning-may">spending significantly less time</a> on DOGE, starting from May, allowing him to focus more on Tesla. 
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="139" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23013059/Screenshot-2025-04-23-at-11.00.41-AM-1024x139.png" alt="" class="wp-image-883292" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23013059/Screenshot-2025-04-23-at-11.00.41-AM-1024x139.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23013059/Screenshot-2025-04-23-at-11.00.41-AM-300x41.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23013059/Screenshot-2025-04-23-at-11.00.41-AM-768x104.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23013059/Screenshot-2025-04-23-at-11.00.41-AM-1536x208.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23013059/Screenshot-2025-04-23-at-11.00.41-AM.png 1592w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
According to Benzinga&#8217;s Edge Stock Rankings, Tesla scores well across all metrics, besides Value, but the price trend is unfavorable in short, medium, and long-term. For more such insights, sign up for <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge</a> today!
Photo Courtesy: Around the World Photos On Shutterstock.com
Read More: <a href="https://www.benzinga.com/tech/25/04/44941657/elon-musk-equates-car-ownership-in-future-to-riding-a-horse-while-using-a-flip-phone-pierre-ferragu-says-teslas-iphone-moment-hinges-on-full-autonomy">Elon Musk Equates Car Ownership In Future To Riding A Horse While Using A Flip Phone — Pierre Ferragu Says Tesla&#8217;s &#8216;iPhone Moment&#8217; Hinges On Full Autonomy</a>

Analyst Ratings

Tesla's 'Sweet Little Lies' Hide 'Worst Performance' Ever? Elon Musk's Robot Takeover Talk Is Just A Smokescreen, Says Ross Gerber

<ul>
<li>VERAXA's Novel BiTAC Platform has the Potential to Deliver Multiple Next-Generation Solid Tumor Cancer Therapies, Including Novel Antibody-Drug Conjugate ("ADC") and Bispecific T-cell Engager ("TCE") Candidates, with Strong and Differentiated Clinical Profiles</li>
<li>Company Pursuing Multiple Strategic Partnerships and Licensing Opportunities in 2025 and 2026</li>
<li>Transaction Values VERAXA at a Pre-money Equity Value of $1.3 Billion</li>
<li>Actively Working with Existing and New VERAXA Investors to Raise a Crossover Financing Round, which is Expected to Close Ahead of the Business Combination, Alongside up to $253 Million in Cash Held in Trust</li>
<li>Business Combination is Expected to be Completed in the Fourth Quarter of 2025</li>
<li>A Joint Investor Presentation Providing an Overview of the Proposed Transaction can be Viewed: <a href="https://dealroadshow.com/e/VER2025">https://dealroadshow.com/e/VER2025</a></li>
</ul>

VACH

VERAXA Biotech to Merge With Voyager In $1.3B Business Combination, Launching Nasdaq-Listed Oncology Company

<ul>
<li>Innate to regain its rights on CD123 targeting ANKET&#xAE; SAR443579 (SAR'579) /IPH6101 currently in development for AML</li>
<li>Potential investment of up to €15M by Sanofi in Innate Pharma through a capital increase, subject to market conditions</li>
<li>Sanofi to continue development of BCMA targeting ANKET&#xAE; program in autoimmune indications</li>
<li>Innate still eligible for more than €1 billion R&amp;D and commercial milestones</li>
</ul>

IPHA

Innate Pharma Regains SAR'579 Rights For AML As Sanofi Proposes €15M Strategic Equity Investment

With U.S. stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Philip Morris International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) to report quarterly earnings at $1.61 per share on revenue of $9.12 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Philip Morris shares gained 0.9% to $165.51 in after-hours trading.</li>
<li>Steel Dynamics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) reported stronger-than-expected first-quarter financial results after the market close on Tuesday. The company shipped 3.5 million tons of steel during the first quarter and generated $230 million of operating income from its steel operations. Steel Dynamics shares gained 1.6% to $119.31 in the after-hours trading session.</li>
<li>Analysts are expecting GE Vernova Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>) to post quarterly earnings at 42 cents per share on revenue of $7.54 billion. The company will release earnings before the markets open. GE Vernova shares gained 2.4% to $333.96 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) posted weaker-than-expected earnings and sales results for its first quarter on Tuesday. The company said plans for more affordable models remain on track to start production in the first half of 2025. Tesla shares gained 5.4% to $250.80 in the after-hours trading session.</li>
<li>Analysts expect AT&amp;T Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) to post quarterly earnings at 49 cents per share on revenue of $30.35 billion before the opening bell. AT&amp;T shares gained 0.7% to $27.14 in after-hours trading.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44920101/top-2-tech-and-telecom-stocks-you-may-want-to-dump-this-quarter">Top 2 Tech And Telecom Stocks You May Want To Dump This Quarter</a> </li>
</ul>
Photo via Shutterstock

STLD

Tesla, Philip Morris International And 3 Stocks To Watch Heading Into Wednesday

The Boeing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) will release earnings results for the first quarter, before the <a href="https://www.benzinga.com/quote/BA/earnings">opening bell on Wednesday, April 22.</a>
Analysts expect the Arlington, Virginia-based company to report a quarterly loss at $1.30 per share, versus a year-ago loss of $1.13 per share in the year-ago period. Boeing projects to report quarterly revenue at $19.79 billion, compared to $16.57 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Boeing recently finalized an agreement to sell parts of its Digital Aviation Solutions division to Thoma Bravo for $10.55 billion in cash.
Boeing shares rose 2% to close at $162.52 on Tuesday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/BA/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>Benchmark analyst Josh Sullivan maintained a Buy rating and cut the price target from $250 to $215 on April 21, 2025. This analyst has an accuracy rate of 83%.</li>
<li>Wells Fargo analyst Matthew Akers maintained an Underweight rating and slashed the price target from $113 to $111 on April 15, 2025. This analyst has an accuracy rate of 72%.</li>
<li>Citigroup analyst Jason Gursky maintained a Buy rating and raised the price target from $207 to $210 on Feb. 10, 2025. This analyst has an accuracy rate of 76%.</li>
<li>JP Morgan analyst Seth Seifman maintained an Overweight rating and boosted the price target from $190 to $200 on Jan. 29, 2025. This analyst has an accuracy rate of 80%.</li>
<li>RBC Capital analyst Ken Herbert maintained an Outperform rating with a price target of $200 on Jan. 29, 2025. This analyst has an accuracy rate of 67%.</li>
</ul>
Considering buying BA stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="592" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23013535/image-1-21-1024x592.png" alt="" class="wp-image-883297" style="width:616px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23013535/image-1-21-1024x592.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23013535/image-1-21-300x173.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23013535/image-1-21-768x444.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/23013535/image-1-21.png 1102w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
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<li><a href="https://www.benzinga.com/25/04/44920101/top-2-tech-and-telecom-stocks-you-may-want-to-dump-this-quarter">Top 2 Tech And Telecom Stocks You May Want To Dump This Quarter</a> </li>
</ul>
Photo via Shutterstock

Price Target

Boeing Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) has revealed a collaboration with major defense contractors on an artificial intelligence-powered combat vehicle, connected to its <a href="https://www.benzinga.com/government/regulations/25/03/44190445/palantir-delivers-ai-powered-battle-stations-to-us-army-stock-now-comparable-to-tesla-circa-2015-analyst">Tactical Intelligence Targeting Access Node program</a>.
What Happened: The data analytics company teased the project through social media, showcasing what appears to be a rugged military vehicle developed alongside Northrop Grumman Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>), Anduril Industries, L3Harris Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>), Sierra Nevada Corporation, World Wide Technology, and Pacific Defense Strategies.
The TITAN system represents Palantir&#8217;s <a href="https://www.benzinga.com/government/regulations/25/03/44190445/palantir-delivers-ai-powered-battle-stations-to-us-army-stock-now-comparable-to-tesla-circa-2015-analyst">expansion as a prime defense contractor</a>, moving beyond software into integrated hardware solutions. Palantir delivered the system&#8217;s first mobile battle stations to the Army earlier this year, meeting time and budget requirements according to company executives.
Each TITAN system consists of a lightweight industrial truck and trailer, powered by Palantir&#8217;s artificial intelligence that gathers data from multiple sources, including satellites. 
<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">In theaters now. <a href="https://t.co/RFibbHvxaX">pic.twitter.com/RFibbHvxaX</a>
&mdash; Palantir (@PalantirTech) <a href="https://twitter.com/PalantirTech/status/1914757613918601479?ref_src=twsrc%5Etfw">April 22, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/25/04/44941025/tesla-optimus-robot-hit-by-chinas-rare-earth-magnet-crackdown-elon-musk-says-thousands-may-be-ready-by-year-end-but-no-guarantees-when-you-have-a-complex-manufactured-product">Tesla Optimus Robot Hit By China&#8217;s Rare Earths Crackdown — Elon Musk Says Thousands May Be Ready By Year-End, But No Guarantees</a>
Why It Matters: This collaboration aligns with Palantir&#8217;s recent work on Hivemind technology with Shield AI, enabling autonomous threat <a href="https://www.benzinga.com/24/12/42362578/ai-driven-defense-palantirs-new-partnership-with-shield-ai-aims-for-scalable-precision-solutions">detection without human control</a>. The partnership reflects the broader defense industry trend of combining AI software with specialized hardware to create integrated systems for faster battlefield decision-making.
Palantir has significantly expanded its defense footprint recently, finalizing a deal with NATO in March for its Maven Smart System, which enhances <a href="https://www.benzinga.com/government/regulations/25/04/44792590/palantir-stock-jumps-9-after-nato-adopts-ai-system-for-military-ops">military intelligence fusion and targeting capabilities</a>. The company&#8217;s stock has surged over 300% in the past year as investors anticipate continued growth from both defense contracts and commercial AI applications.
Price Action: Palantir stock closed at $93.99 on Tuesday, up 3.51%. In after-hours trading, it rose 4.12% to $97.86. Year to date, the stock is up 25%.
Palantir shows strong momentum and growth potential, according to Benzinga Edge Stock Ranking, but faces weak valuation and a negative short- to medium-term price trend. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Sign up to learn more</a>.
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<li><a href="https://benzinga.com/25/04/44855242/charlie-munger-once-highlighted-how-warren-buffetts-lifelong-learning-made-berkshire-hathaways-success-possible-and-the-crucial-lesson-you-can-take-from-it?tblci=GiAShVRBa42nCBtWlx7IMC67Vo2BcWpr85L5I7snseW6sCCN1VcolqTZ7-yIiJzNATDviEo" target="_blank" rel="noreferrer noopener">Charlie Munger Once Said Warren Buffett Is A ‘Learning Machine&#8217; And That&#8217;s What Lies Beneath Berkshire Hathaway&#8217;s Success From One Decade To Another</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: slyellow / Shutterstock.com

Equities

PLTR

Palantir Teases TITAN AI Combat Vehicle With Northrop Grumman, Anduril, L3Harris

Some retirees could miss their May benefit checks, former Social Security Commissioner Martin O'Malley cautioned Monday, blaming deep staffing cuts and repeated computer outages for what he called a looming "interruption of benefits."
What Happened: Speaking at a packed town hall hosted by U.S. Reps. Laura Gillen (D-N.Y.) and Tom Suozzi (D-N.Y.), O'Malley said the agency has shed 7,000 workers — half of them from the tech team — since President Donald Trump took office in January, as noted in a <a href="https://www.longislandpress.com/2025/04/22/social-security-delay-breifing/">report</a> by Long Island Press, a free monthly news and lifestyle magazine.
The ex-commissioner, who ran the agency under President Joe Biden from 2023 to 2024, warned that lean staffing has already slowed claims processing and triggered multiple system crashes. "I've never hoped I was wrong so much in my life," he told about 200 anxious constituents at Long Island University.
The Social Security Administration did not immediately respond to Benzinga&#8217;s request for comments.
Suozzi slammed the cuts as penny-wise and pound-foolish, noting they shave just 0.06 percent off the agency's budget. Union leader Edwin Osorio agreed, saying employees are "struggling to keep the lights on" while call-center wait times balloon. Gillen, meanwhile, urged residents to log every delay so her office can press for fixes, while Suozzi encouraged bipartisan pressure on lawmakers and the White House.
See also: <a href="https://www.benzinga.com/personal-finance/25/04/44917637/calendar-glitch-brings-two-ssi-checks-in-may-but-theres-a-catch">Calendar Glitch Brings Two SSI Checks In May — But There&#8217;s A Catch</a>
No checks have been delayed yet, all three speakers stressed. Still, O'Malley said the program that 69 million Americans rely on is at risk if staffing and IT resources aren't restored soon.
Why It Matters: O&#8217;Malley&#8217;s comment at the town hall arrives days after former President Joe Biden delivered a speech in Chicago, <a href="https://www.benzinga.com/25/04/44829975/joe-biden-calls-social-security-a-sacred-promise-slams-trump-administrations-efforts-to-damage-the-program-theyre-shooting-first-and-aiming-later">criticizing</a> the Trump administration for its approach to Social Security.
Biden&#8217;s comments were swiftly rebutted by the Social Security Administration, which accused the former president of lying in a series of posts on X. The Administration said Trump &#8220;has repeatedly promised to protect Social Security.&#8221;
Particularly, the establishment of the Department of Government Efficiency under the Trump administration has sparked anxiety among seniors. DOGE, tasked with cost-cutting, has led to significant job cuts and reorganization within the federal government. DOGE, overseen by Elon Musk, has even called it &#8220;<a href="https://www.benzinga.com/news/25/03/44156805/elon-musk-once-again-calls-social-security-the-biggest-ponzi-scheme-of-all-time-struggles-to-explain-to-joe-rogan-why" target="_blank" rel="noreferrer noopener">the biggest Ponzi scheme</a>&#8221; of all time.
Additionally, recent updates to Social Security rules, effective April 2025, are <a href="https://www.benzinga.com/personal-finance/25/04/44682363/aprils-social-security-changes-how-new-rules-could-affect-your-check">reshaping benefits for millions</a>. These changes include larger checks and new identification requirements, impacting retirees, survivors, and those on spousal benefits.
Photo Courtesy: Jason Raff On Shutterstock.com
Read next: <a href="https://www.benzinga.com/personal-finance/25/04/44901238/even-missing-one-monthly-benefit-would-put-me-on-step-to-homelessness-americans-react-to-social-securitys-new-anti-fraud-rules" target="_blank" rel="noreferrer noopener">‘Even Missing One Monthly Benefit Would Put Me On Step To Homelessness': Americans React to Social Security's New Anti-Fraud Rules</a>

Government

Social Security Payments Could Face Interruptions In May, Warns Former Commissioner Martin O'Malley: 'Never Hoped I Was Wrong So Much In My Life'

Polymarket punters lowered the odds of a U.S. recession in 2025 on Tuesday, even as the International Monetary Fund acknowledged that the risk of a slump has risen substantially.
What happened: The odds in favor of the betting contract titled &#8220;US recession in 2025?&#8221; dipped 57% to 53% in the last 24 hours on the Polygon (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">POL</a>)-based prediction platform. The probability was 35% a month ago.
Meanwhile, $3.189 million has already been bet on the outcome. This market will resolve to &#8220;Yes&#8221; if the National Bureau of Economic Research declares a recession before January 1, 2026, or if the seasonally adjusted annualized percent change in quarterly U.S. real GDP is negative for two consecutive quarters.
Interestingly, the lowered probability contrasted with the forecast of the IMF, which <a href="https://www.benzinga.com/government/regulations/25/04/44926902/imf-slashes-us-growth-outlook-as-trump-tariffs-bite-raises-recession-odds-to-40">raised its U.S. recession odds</a> to 40%.
Moreover, in its April 2025 World Economic Outlook, the IMF projected U.S. GDP growth at just 1.8% for the year, marking a 0.9 percentage point cut from its January forecast. The global organization linked the downgrade to President Donald Trump&#8217;s sweeping tariff policies.
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44891685/gary-black-shares-polymarket-data-says-trump-tariffs-have-pushed-odds-of-2025-recession-to-57">Gary Black Shares Polymarket Data, Says Trump Tariffs Have Pushed Odds Of 2025 Recession To 57%</a>
Why It Matters: The dip in odds coincided with a <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44941092/bitcoin-ethereum-dogecoin-pump-along-with-stock-on-us-china-trade-war-de-escalation-hopes-analyst-flags-95600-98290-as-btcs-next-key-resistance">marked resurgence in the stock market and cryptocurrencies</a> after U.S. Treasury Secretary Scott Bessent hinted at a potential de-escalation in trade hostilities with China at a Washington event.
While the  Dow Jones Industrial Average snapped a four-day losing streak,  Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) sailed past $93,000 for the first time since early March. 
Photo Courtesy: ShutterstockProfessional On Shutterstock.com
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Cryptocurrency

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Recession Odds Upped By IMF To 40%, But Polymarket Traders See Less Likelihood As Stocks, Bitcoin Rally

On Tuesday, during Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) <a href="https://www.benzinga.com/news/earnings/25/04/44937440/tesla-q1-misses-estimates-as-tariff-pressures-weigh-on-outlook-lower-cost-evs-still-on-track">first-quarter earnings</a> call, CEO Elon Musk predicted that car ownership will soon become obsolete.
What Happened: Musk said that most people will no longer buy cars in the future, framing the shift as an inevitable change. He compared traditional gasoline vehicles to outdated technologies, likening them to flip phones in an era dominated by smartphones.&nbsp;
&#8220;In the not too distant future, buying a gasoline car that is not autonomous will be like riding a horse while using a flip phone,&#8221; Musk stated.
The tech mogul's comments came in response to an inquiry from Pierre Ferragu, an analyst at New Street Research, who had questioned why Tesla&#8217;s Model 3 and Model Y haven't captured a larger portion of the market.
See Also:&nbsp;<a href="https://benzinga.com/markets/equities/25/04/44862552/ford-recalls-nearly-150000-vehicles-over-brake-and-powertrain-issues-nhtsa" target="_blank" rel="noreferrer noopener">Ford Recalls Nearly 150,000 Vehicles Over Brake And Powertrain Issues: NHTSA</a>
&#8220;Why are there so many people still buying BMWs and Mercedes?&#8221; he asked.&nbsp;
Ferragu compared the Model 3 to the iPhone, noting how it represented a &#8220;revolutionary product&#8221; with the potential to dominate the car industry in the same way Apple Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) transformed the smartphone market.
Following the earnings call, Ferragu took to X, formerly Twitter, and interpreted Musk's words, saying, ​​&#8221;My interpretation of Elon's response: Tesla will become the iPhone of cars when it is fully self-driving.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Like riding a horse, speaking into a flip phone. &#x1f602; My interpretation of Elon's response: Tesla will become the iPhone of cars when it is fully self-driving.
&mdash; Pierre Ferragu (@p_ferragu) <a href="https://twitter.com/p_ferragu/status/1914814367519891580?ref_src=twsrc%5Etfw">April 22, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
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&#8217;s Important: Tesla reported first-quarter revenue of $19.34 billion, marking a 9% decline compared to the same period last year. The figure came in below Wall Street expectations, falling short of the $21.35 billion consensus estimate.
The EV giant reaffirmed that its plans to launch more affordable models are progressing as scheduled, with production set to begin in the first half of 2025.&nbsp;
Tesla also confirmed that its Robotaxi offering, dubbed the Cybercab, is slated to enter volume production in 2026.
Earlier this month, Tesla disclosed that its Giga Texas production facility uses <a href="https://www.benzinga.com/tech/25/04/44787364/tesla-deploys-unsupervised-fsd-at-giga-texas-to-move-cars-from-factory-to-lot">Unsupervised Full Self-Driving</a> (FSD) technology to move vehicles from the production line to the outbound logistics lot.
Tesla&#8217;s FSD system relies on a camera-based approach, which is believed to be less precise than the LiDAR-based systems used by companies like Alphabet Inc.&#8217;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>) Waymo.
Waymo has also logged over 20 million miles using Unsupervised FSD, significantly outpacing Tesla in terms of real-world autonomous driving experience. Despite this, the <a href="https://www.benzinga.com/general/entertainment/25/04/44730939/jeremy-clarksons-trolley-problem-question-about-driverless-cars-from-ages-ago-continues-to-pose-a-moral-dilemma-for-auto-makers">broader debate around self-driving</a> technology remains unresolved.
Tesla's FSD capabilities have <a href="https://www.benzinga.com/25/03/44068902/tesla-fsd-like-a-12-year-old-driving-compared-to-waymo-says-ross-gerber-warning-uber-has-got-to-be-hurting">faced criticism from experts</a> who argue that they fall short of Waymo's performance.
Price Action: Tesla shares rose 4.60% on Tuesday, closing at $237.97. Despite the daily gain, the stock remains down 37.26% year-to-date, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Based on Benzinga Edge Stock Rankings, Tesla currently holds a growth score of 67.63%. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it stacks up against</a> other companies in the sector.
Photo Courtesy: Shutterstock.com
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<li><a href="https://benzinga.com/25/04/44855242/charlie-munger-once-highlighted-how-warren-buffetts-lifelong-learning-made-berkshire-hathaways-success-possible-and-the-crucial-lesson-you-can-take-from-it" target="_blank" rel="noreferrer noopener">Charlie Munger Once Said Warren Buffett Is A ‘Learning Machine&#8217; And That&#8217;s What Lies Beneath Berkshire Hathaway&#8217;s Success From One Decade To Another</a></li>
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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.

Tech

AAPL

GOOG

GOOGL

Elon Musk Equates Car Ownership In Future To Riding A Horse While Using A Flip Phone — Pierre Ferragu Says Tesla's 'iPhone Moment' Hinges On Full Autonomy

On Tuesday, OpenAI's behind-the-scenes efforts to improve ChatGPT&#8217;s search capabilities have come to light in a <a href="https://www.benzinga.com/news/legal/25/04/44876356/google-scores-partial-win-in-antitrust-case-but-faces-setback-on-publisher-tools">high-profile antitrust trial</a> targeting Alphabet Inc. (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>)-owned Google's dominance in online search.
What Happened: During testimony at the Department of Justice's antitrust trial against Google in Washington, OpenAI executive Nick Turley revealed that the company had attempted to partner with Google to enhance ChatGPT&#8217;s search function, reported Reuters.
The request came after Sam Altman-led OpenAI faced performance issues with its current search provider. While Turley did not name the provider, ChatGPT relies on Microsoft Corporation&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) Bing search engine for <a href="https://www.benzinga.com/news/24/01/36678991/microsofts-bing-sees-modest-growth-with-chatgpt-integration-but-google-still-leads-the-search-market">its search functionality</a>.
However, Google declined the request, citing the involvement of too many competitors, as per the email shown at trial.
"We have no partnership with Google today," Turley said on the stand. He added that ChatGPT is still several years from reaching its goal of using its own search technology to handle 80% of user queries, the report noted.
Turley also testified that OpenAI would be <a href="https://www.benzinga.com/markets/equities/24/11/42084064/perplexity-ceo-asks-if-ai-startup-should-acquire-google-chrome-following-dojs-antitrust-push-against-search-giant">interested in buying</a> Google's Chrome browser — if antitrust enforcers were to force Alphabet to divest the product as part of a remedy to restore competition in search.
See Also:&nbsp;<a href="https://benzinga.com/markets/equities/25/04/44862552/ford-recalls-nearly-150000-vehicles-over-brake-and-powertrain-issues-nhtsa" target="_blank" rel="noreferrer noopener">Ford Recalls Nearly 150,000 Vehicles Over Brake And Powertrain Issues: NHTSA</a>
Why It&#8217;s Important: The trial stems from the DOJ's claim that Google maintains its monopoly through exclusive default search deals. As of October 2024, Google Chrome held the largest share of the U.S. browser market at over 54%, with Apple's Safari coming in second at 31%, according to Statista.
The DOJ's proposed remedies require <a href="https://www.benzinga.com/government/regulations/24/11/42143421/staggering-google-breakup-proposal-from-doj-a-kitchen-sink-moment-alphabet-analyst">Google to sell its Chrome</a> web browser and end default search engine deals with companies such as Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>). The ongoing trial will decide on these measures, with a final decision anticipated in August.
Previously, it was reported that in a <a href="https://www.benzinga.com/markets/equities/25/03/44134685/google-fights-back-against-doj-antitrust-cases-says-breakup-threatens-economy-national-security-report">meeting with government officials</a>, Google representatives voiced serious concerns over the proposed remedies, warning they could drastically impact the company's operations.
Price Action: Alphabet Inc. Class A shares closed Tuesday at $151.47, up 2.57%, and climbed another 2.18% in after-hours trading to $154.77. Class C shares finished at $153.90, rising 2.70%, with an additional after-hours gain of 2.05% to $157.05, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
According to <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings</a>, the company currently has a growth score of 64.44%. Click here to see how it stacks up against other companies in the sector.
Photo Courtesy: Hadrian On Shutterstock.com
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<li><a href="https://benzinga.com/25/04/44855242/charlie-munger-once-highlighted-how-warren-buffetts-lifelong-learning-made-berkshire-hathaways-success-possible-and-the-crucial-lesson-you-can-take-from-it" target="_blank" rel="noreferrer noopener">Charlie Munger Once Said Warren Buffett Is A ‘Learning Machine&#8217; And That&#8217;s What Lies Beneath Berkshire Hathaway&#8217;s Success From One Decade To Another</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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NASDAQ-listed TNL Mediagene Leads Asian Market by Demonstrating Excellence in Media, Technology, and Data

Nasdaq-listed TNL Mediagene Strengthens Global Expansion With New Board Structure

Enabling AI Transformation: TNL Mediagene's Ad2 AI Agent Debuts in March to Revolutionize Smart Advertising Decisions

NASDAQ Listed TNL Mediagene Launches English Edition of Pan-Asian Retail Media Network (RMN) Trends White Paper, Expands Global Reach

TNL Mediagene Announces "Brandformance," an Advertising Strategy that Boosts E-Commerce Growth through Cultivating Loyal Customers

NASDAQ-listed TNL Mediagene Provides AI-Powered CMS Technology to Japanese Publishers

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TNL Mediagene Will Co-Host the 2025 Generative AI Dual Conference, Taiwan's Premier AI Event, Bringing Together Over 1,000 Industry Participants

TNL Mediagene Announces Preliminary 2024 Financial Results and 2025 Outlook: 2024 results in strong revenue and proforma EBITDA performance‐Management expects continued revenue growth in the 2025 fiscal year

TNL Mediagene and PChome Forge Strategic Alliance to Accelerate Content Commerce and Reshape Taiwan's Retail Media Landscape

TNL Mediagene Publicly Announces Its Company Snapshot Presentation Including Preliminary FY2024 Revenue and Adjusted EBITDA Guidance

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