Benzinga - Economy

US Stocks Likely To Open Higher Amid Trump's Preemptive Rate Cut Call: Earnings Are Starting To Reflect This 'Uncertainty,' Says Expert - Atkore (NYSE:ATKR), Amazon.com (NASDAQ:AMZN) - Benzinga

U.S. stock futures rebounded on Tuesday following Monday's selloff. Futures of major benchmark indices were higher in premarket.

XRP Leads, Ethereum Bleeds As Crypto Investment Products See $6 Million In Inflows - Benzinga

Digital asset investment products recorded modest net inflows of $6 million last week, reflecting an overall mixed investor sentiment, according to the latest CoinShares report.

US Slaps Up To 3,500% Tariffs On Chinese-Owned Southeast Asian Solar Cells To Counter Unfair Trade - First Solar (NASDAQ:FSLR) - Benzinga

The U.S. has imposed steep tariffs on most solar cells imported from Southeast Asia. This move comes in response to allegations by American manufacturers that Chinese companies have been flooding the market with unfairly low-priced goods.

Jim Cramer Calls It A 'Manufactured Crisis' As Markets Plunge Despite Strong Earnings - Benzinga

Cramer says U.S. stocks are sliding due to political and economic chaos, overshadowing solid earnings. Investors may ignore earnings entirely.

General Motors Faces Lawsuit For Violation Of Customers' Privacy: Report - General Motors (NYSE:GM), Verisk Analytics (NASDAQ:VRSK) - Benzinga

GM faces lawsuit for allegedly collecting and selling driving data without consent. Company claims privacy laws not violated.

Gold Hits Record High, Dollar Weakens As Trump's Policy Stance And Fed Chair Criticism Induces Uncertainty - SmartETFs Asia Pacific Dividend Builder ETF (ARCA:ADIV) - Benzinga

On Apr 21, US markets closed lower as Trump criticized Fed chair, tech stocks led sell-off. Trade tensions with China & upcoming earnings reports weighed on sentiment. All 11 sectors in S&P 500 ended in red. DJIA -2.48%, S&P 500 -2.36%, Nasdaq -2.55%. Dollar fell on Trump's pressure on Fed, gold hit record high.

Roche's $50 Billion US Investment Commitment Includes New Facilities, 12,000 Jobs, Expanded R&D Hubs As Drug Tariffs Loom - Roche Holding (OTC:RHHBY) - Benzinga

Roche plans $50B investment in U.S. for manufacturing & research, as potential drug tariffs loom. Move to create 12,000 jobs & increase exports

Apple CEO Tim Cook Reportedly Gets 'Anxious' Over This Issue Threatening The Inventory Of iPhone 17: 'He Is Pushing Suppliers Every Day' - Apple (NASDAQ:AAPL) - Benzinga

The iPhone 17 series, the latest smartphone line-up from Apple Inc. (NASDAQ: AAPL), is reportedly facing significant stocking challenges, and CEO Tim Cook is worried over it.

Nvidia CEO Jensen Huang Earns Praise From Former Intel CEO Pat Gelsinger: 'Run Hard To Stay In The Front' - Intel (NASDAQ:INTC), Advanced Micro Devices (NASDAQ:AMD) - Benzinga

Pat Gelsinger, the former CEO of Intel Corp., expressed admiration for Nvidia Corp. and its superior performance in the artificial intelligence chip market.

Retailers Target Billions In Unused FSA/HSA Funds With Wellness And Beauty Push - Target (NYSE:TGT), Ulta Beauty (NASDAQ:ULTA) - Benzinga

Retailers tap into billions of unspent healthcare dollars through FSA/HSA accounts, targeting shoppers with eligible items and education.

Fairer Trade Or Economic Trainwreck? El‑Erian Breaks Down The Administration's Two Futures - Blackstone (NYSE:BX), JPMorgan Chase (NYSE:JPM) - Benzinga

Economist Mohamed El‑Erian warns that President Donald Trump's trade and tariff regime has set us up for one of two extremes.

Earnings Scheduled For April 21, 2025 - AGNC Investment (NASDAQ:AGNC), Addex Therapeutics (NASDAQ:ADXN) - Benzinga

Trump Blasts 'Non-Tariff Cheating', Backs Tariffs And Calls Himself 'Greatest Friend' Of American Capitalism - Benzinga

In a recent post on Truth Social, President Donald Trump defended his stance on tariffs and outlined a list of 8 non-tariff practices that countries resort to.

Dean Of Valuation Aswath Damodaran Warns Buying The Dip Akin To Catching A Falling Knife, Says It Takes A 'Stronger Stomach' Than Most Have - MercadoLibre (NASDAQ:MELI), Boyd Gaming (NYSE:BYD) - Benzinga

Aswath Damodaran highlights against a simplistic interpretation of "buying the dip" in his latest blog post.

2025 'Largely Doesn't Matter' For Tesla, Says Gene Munster: Elon Musk Company Poised 'For A Major Rebound In 2026 And Beyond' - Tesla (NASDAQ:TSLA) - Benzinga

Gene Munster, the Managing Partner of Deepwater Asset Management predicts a major rebound for Tesla Inc. (NASDAQ: TSLA) in 2026, despite expecting a dip in the company's earnings per share (EPS) and revenue estimates for the year.

Tim Cook Says Hiking At National Parks One Of His 'Favorite Things To Do' But Rangers Struggling With Staffing Cuts - Apple (NASDAQ:AAPL) - Benzinga

Apple CEO Tim Cook celebrated National Park Week while highlighting concerns about staffing shortages and budget cuts at U.S. national parks.

Pope Francis Passes Away At 88 - Benzinga

The Vatican has announced the death of Pope Francis at the age of 88.

Sundar Pichai Jokes About 'Artificial Pokémon Intelligence' After Gemini Pro Beats Claude At Classic GameBoy Title - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL) - Benzinga

Google's Sundar Pichai touts new API - Artificial Pokémon Intelligence as company's Gemini 2.5 Pro model progresses in classic game Pokémon Red, surpassing benchmarks set by rival Anthropic.

Robinhood's Vlad Tenev Once Deemed HOOD Stock 'Highly Correlated' With Bitcoin—Here's How The Relation Has Shifted In 2025 - Robinhood Markets (NASDAQ:HOOD) - Benzinga

Commission-free trading platform Robinhood Markets Inc. (NASDAQ:HOOD) has seen cryptocurrencies take a larger share of its reported revenues in recent years, rendering it susceptible to their market movements to some extent.

Eric Schmidt Warns 'China Is Going To Win' AI Race Unless Washington Fights With Funding And Instills 'American Values' At The Core - Alibaba Gr Hldgs (NYSE:BABA), Alphabet (NASDAQ:GOOG) - Benzinga

Former Alphabet CEO Eric Schmidt warns China will surpass US in AI unless Trump takes action. He also states that US values must be embedded in AI strategy.

Trump May ‘Take a Pass’ on Russia-Ukraine Peace Talks Without Progress Trump May ‘Take a Pass’ on Russia-Ukraine Peace Talks Without Progress - Benzinga

President Trump has signaled a potential end to efforts in mediating peace between Russia and Ukraine, stating that the U.S. may "take a pass" on further negotiations.

Zuckerberg’s Leaked Emails Show His Rivals Lived Rent-Free in His Mind - Benzinga

In the ongoing antitrust trial against Meta Platforms, decade-old emails from CEO Mark Zuckerberg have taken center stage.

This Crypto Analyst Predicts Bitcoin Could Soar 137% Under Perfect Market Conditions - Benzinga

Cryptocurrency analyst Benjamin Cowen has proposed that Bitcoin (CRYPTO: BTC) could potentially see a 137% increase in a perfect market scenario.

Ackman Bets Big on Hertz as Tariff Tailwinds Boost Fleet Value: ‘Investing Is Risky, There Are No Guarantees of a Successful Outcome' - Tesla (NASDAQ:TSLA), Hertz Global Holdings (NASDAQ:HTZ) - Benzinga

Bill Ackman's hedge fund Pershing Square Capital Management has acquired a significant stake in Hertz Global Holdings.

Stocks That Weathered Past Recessions: Expert Shares Picks That Withstood Every Downturn - AutoZone (NYSE:AZO), Clorox (NYSE:CLX) - Benzinga

Stock market expert Jon Erlichman recently shared a review of stock returns during the last six U.S. recessions, highlighting those that have performed well in difficult times.

Donald Trump Just Unveiled 10,000 Pages on RFK Assassination — Here's What They Show Donald Trump Just Unveiled 10,000 Pages on RFK Assassination — Here's What They Show - Benzinga

Approximately 10,000 pages of records related to the 1968 RFK assassination have been made public.

Robert Kiyosaki’s Bitcoin Forecast: Could $1 Million Be Realistic? - Benzinga

Robert Kiyosaki, the well-known entrepreneur and author, has predicted that Bitcoin’s price will soon exceed $1 million.

Public Service Pipeline For Grads Faces DOGE-Induced Roadblocks - Benzinga

Members of AmeriCorps and Peace Corps are facing an uncertain future due to staff cuts initiated by the White House DOGE office.

Survey Unveils American Misconceptions About Credit Card Debt Management - Benzinga

According to a recent survey, 40% of Americans with credit card debt are under the impression that making minimum payments is an effective way to manage their debt.

Recession? Not So Fast, Says IMF — Even After Trump Tariff Chaos Recession? Not So Fast, Says IMF — Even After Trump Tariff Chaos - Benzinga

The IMF has expressed concern over escalating trade tensions sparked by new U.S. tariffs but emphasized that a global recession is not on the horizon.

Trump's New COVID Website Takes Aim At WHO, Fauci, And Biden Over Pandemic Response, Calls Out China Lab Leak Theory - Benzinga

President Donald Trump's White House launched a new COVID-19 website on Friday, criticizing the pandemic response by WHO, Dr. Fauci, and President Biden, while endorsing the China lab leak theory as the most likely origin of the virus.

US, Iran Set For Crucial Nuclear Talks In Rome Amid Tensions - Benzinga

The U.S. and Iran are reportedly poised to engage in a significant round of nuclear negotiations in Rome this Saturday.

Trump Reverses Elon Musk-Influenced IRS Interim Head Appointment Following Scott Bessent's Objection: Report - Benzinga

Bessent raised concerns to Trump about interim head appointment by Musk. Faulkender expected to be acting head until Long confirmed.

Boeing Jet Returns To US Amid Escalating Tariff Tensions With China - Boeing (NYSE:BA) - Benzinga

A Boeing aircraft, originally intended for delivery to China, was redirected back to the U.S. on Friday.

Ford Reportedly Halts Vehicle Shipments To China Amid Rising Tariffs - Ford Motor (NYSE:F) - Benzinga

Ford has reportedly stopped exporting certain high-end vehicles to China due to increased tariffs.

Italy Joins US To Oppose 'Discriminatory' Digital Taxes On Big Tech Giants Like Apple, Amazon, Google, And Meta - Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN) - Benzinga

Italy and the U.S. have reached an agreement to challenge "discriminatory" digital taxes on major tech companies like Apple, Amazon, Google, and Meta, signaling a shift in Italy's stance on the controversial 3% levy targeting U.S. tech giants.

Hertz CEO Encouraged By Bill Ackman's Major Investment: 'We Should All Feel Encouraged' - Hertz Global Holdings (NASDAQ:HTZ) - Benzinga

Hertz CEO Gil West expressed optimism following Bill Ackman's significant investment in the company.

Elon Musk's DOGE Under Fire: House Democrats Say Agency Is Building Unlawful Master Database Of Sensitive US Data - Benzinga

House Democrats are investigating Elon Musk's Department of Government Efficiency (DOGE) for allegedly building a cross-agency database that consolidates sensitive personal data, raising concerns about privacy and national security.

Supreme Court Temporarily Halts Immigrant Deportations Under Alien Enemies Act By Trump White House: Conservative Judges Voice Dissent - Benzinga

The U.S. Supreme Court temporarily halted deportations under the Alien Enemies Act, with conservative justices dissenting, as immigrants challenged their removal without proper notice or the opportunity to contest it.

Trump Administration Sets Ultimatum For Russia-Ukraine Peace Talks: 'Not Going To Continue With This Endeavour For Weeks And Months,' Says Secretary Of State Rubio - Benzinga

President Donald Trump and Secretary of State Marco Rubio have issued an ultimatum for the Russia-Ukraine peace talks, stating the U.S. will abandon efforts unless progress is made in the coming days.