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Vertiv Hldgs

Vertiv Holdings Co brings together hardware, software, analytics and ongoing services to ensure its customers vital applications run continuously, perform optimally and grow with their business needs. The company solves the important challenges faced by data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Its services include critical power, thermal management, racks and enclosures, monitoring and management, and other services. Its three business segments include the Americas, Asia Pacific; and Europe, Middle East & Africa.

Vertiv Holdings

Chatbot,Conversation,Ai,Artificial,Intelligence,Technology,Online,Customer,Service.digital,Chatbot,

Analyst Color

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General

MSFT

BofA Securities analyst Andrew Obin sees potential growth for multi-industrial stocks like Vertiv Holdings  and Eaton Corporation amid the rise of more efficient AI technologies.

How DeepSeek&#39;s Breakthrough Is Changing The Landscape For Multi-Industrials

nvidia chip shutter

Markets

NVDA

Nvidia Corp. has thrown its support behind China&#39;s DeepSeek R1 artificial intelligence model, calling it &#34;an excellent AI advancement&#34; even as the startup&#39;s emergence triggered a historic $600 billion plunge in the chipmaker&#39;s market value on Monday.

Nvidia Says DeepSeek An &#39;Illustration&#39; Of How New AI Models Can Be Created While Being Export-Control Compliant Amid $600 Billion Market Value Plunge

Share market crash.

Asia

Large Cap

Mid Cap

Sector ETFs

Small Cap

Movers

Tech

ETFs

ALAB

ANET

PLTR

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

The launch of DeepSeek affects the AI boom including the power, cooling and data center giants that once rode the AI euphoria, which now have single-day losses exceeding 20%.

7 AI Infrastructure Stocks Plunge Over 20%, Outpace Semiconductor Rout As DeepSeek Upends Investment Landscape

AAPL

AMAT

ASML

DELL

IFNNY

SMCI

AI, Quantum, And Robotics in Focus – All Eyes On Nvidia CEO Keynote

Stock_Whisper_Index_Logo_6-copy

Social Media

Exclusives

LAES

MRVL

SNAP

The Benzinga Stock Whisper Index highlights five stocks seeing increased interest from readers during the week and the reasons why the stocks may be drawing attention.

Benzinga&#39;s &#39;Stock Whisper&#39; Index: 5 Stocks Investors Secretly Monitor But Don&#39;t Talk About Yet

Oracle stock

Pre-Market Outlook

Media

ORCL

On CNBC&#39;s &#34;Halftime Report Final Trades,&#34; Jason Snipe of Odyssey Capital Advisors said Oracle is going to report a strong quarter.

Oracle, Vertiv And A Health Care Stock On CNBC&#39;s &#39;Final Trades&#39;

RalphLauren.Shutterstock

CARR

HOOD

SOUN

SWKS

On CNBC&#39;s &#34;Mad Money Lightning Round,&#34; Jim Cramer said he likes Ralph Lauren, which reported better-than-expected earnings.

Jim Cramer Makes Ralph Lauren Prediction, SoundHound AI Finally &#39;Broke Out&#39;

artificial intelligence ai2

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

Cryptocurrency

New ETFs

Global

Econ #s

Interview

$BTC

HUBB

POWL

VOLT

BELB

Most people associate AI investing with semiconductors like Nvidia Corp. (NASDAQ:NVDA) or cloud giants like Microsoft Corp. (NYSE:MSFT).

EXCLUSIVE: VOLT ETF Taps $7 Trillion Electrification Boom Fueled By AI Power Demand

US Navy Is Using A Puzzle On Reddit To Find 'Very Best And Brightest' Future Gen Z Submarine Crews — Here's How They Are Doing It

ADSK

GRAB

HTHT

ITUB

NTNX

RDDT

Companhia De Saneamento Basico Do Estado De Sao

11 worst performers last week: SYM (-25.83%), GRAB (-11.82%), RDDT (-10.97%), BBD (-10.88%), HTHT (-10.44%), VRT (-9.82%), ITUB (-8.53%), SBS (-8.40%), DELL (-8.16%), NTNX (-7.98%), ADSK (-7.98%)

Reddit, Grab And Autodesk Are Among Top 11 Large-Cap Losers Last Week (Nov 25-Nov 29): Are The Others In Your Portfolio?

trader ai4

Long Ideas

COWZ

MELI

Experts on CNBC&#39;s Halftime Report Final Trades recommend COWZ, DPZ, VRT, and MELI as top picks for investors.

Domino&#39;s, Vertiv, MercadoLibre And More On CNBC&#39;s &#39;Final Trades&#39;

Vertiv Holdings, LLC Class A Common Stock

Vertiv Holdings Co

Venus Reward Token

Vestin Realty Mortgage II Inc

Veritec Inc

INDIGENOUS BLOOM HEMP CRP by INDIGENOUS BLOOM HEMP CORP

Indigenous Bloom Hemp Corp

VARTECH SYSTEMS INC by Vartech Systems Inc.

Vartech Systems Inc

Virtus Investment Partners, Inc. Common Stock

Virtus Investment Partners Inc

VIATAR CTC SOLUTIONS INC by Viatar CTC Solutions Inc.

Veritiv Corp Com

Vertex Pharmaceuticals Incorporated - Common Stock

Vertex Pharmaceuticals Inc

STA authorization includes all types of unmodified smartphones, to support voice, full data, and video applications, and other native cellular broadband capabilities

ASTS

Reported Earlier, FCC Grants AST SpaceMobile Special Temporary Authority For Direct-To-Device Cellular Broadband With AT&T And Verizon

SKF (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SKFRY#OTC">SKFRY</a>) reported quarterly earnings of $0.39 per share which beat the analyst consensus estimate of $0.33 by 17.88 percent. This is a 14.41 percent increase over earnings of $0.34 per share from the same period last year. The company reported quarterly sales of $2.29 billion which missed the analyst consensus estimate of $2.38 billion by 3.57 percent. This is the same as the same period last year.

Earnings

SKFRY

SKULF

SKF Q4 Adj. EPS $0.39 Beats $0.33 Estimate, Sales $2.29B Miss $2.38B Estimate

Sarclisa is the first anti-CD38 treatment approved in China for patients with newly diagnosed multiple myeloma ineligible for transplant&nbsp;
<ul>
<li>Approval based on positive results from the IMROZ phase 3 study that demonstrated Sarclisa in combination with bortezomib, lenalidomide, and dexamethasone (VRd) significantly improved progression-free survival, compared to VRd alone in transplant-ineligible newly diagnosed multiple myeloma&nbsp;</li>
<li>Second approval in China in three weeks following the R/R MM indication announced on January 13, 2025</li>
</ul>

Sanofi's Sarclisa Becomes First Anti-CD38 Therapy Approved In China For Newly Diagnosed Multiple Myeloma Patients Ineligible For Transplant

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) reported an 11% decline in <a href="https://www.benzinga.com/news/earnings/25/01/43355688/apple-q1-earnings-revenue-beat-eps-beat-iphone-sales-slip-installed-base-climbs-to-all-time-high-our-best-quarter-ever">first-quarter revenue</a> for Greater China to $18.51 billion, while CEO Tim Cook highlighted a new national consumer subsidy program that could impact future sales in the region.
What Happened: During Thursday&#8217;s earnings call, Cook specifically addressed China&#8217;s recently announced fiscal stimulus measures. &#8220;In terms of the macro situation, there was a fiscal stimulus or subsidy announced&#8230;very recently in January that did not affect the December quarter,&#8221; Cook said, noting that while some provincial subsidies were active in the December quarter, the national program was only announced on Jan. 20.
The Chinese stimulus covers the categories of products Apple offers, including smartphones, tablets, PCs, and smartwatches, up to a certain price threshold. &#8220;We do see fiscal stimulus occurring,&#8221; Cook said, acknowledging the headwinds in China.
Cook maintained an optimistic stance on the company&#8217;s second-largest market, even as Chinese leader Xi Jinping&#8216;s government implemented what Morgan Stanley calls the &#8220;most aggressive stimulus tone in a decade&#8221; to boost consumption through <a href="https://www.benzinga.com/markets/asia/25/01/43168134/is-chinas-economic-stimulus-strategy-helping-its-ailing-markets-to-recover">moderately loose monetary policy</a>.
Gene Munster, managing partner at Deepwater Asset Management, provided context for the apparent downturn, noting that approximately half of the <a href="https://www.benzinga.com/markets/equities/25/01/43374851/gene-munster-says-apples-mess-wasnt-as-big-as-it-looked-as-iphone-maker-delivers-better-than-expected-results">weakness in China was attributable to inventory management</a> rather than fundamental demand issues. &#8220;The mess wasn&#8217;t as big as it looked in the numbers,&#8221; Munster stated on X.
See Also: <a href="https://www.benzinga.com/markets/equities/25/01/43375128/jim-cramer-wonders-if-baidu-could-be-next-after-alibabas-ai-model-outperforms-deepseek">Jim Cramer Wonders If Baidu Could Be Next After Alibaba&#8217;s AI Model Outperforms DeepSeek</a>
What Happened: The company&#8217;s performance comes amid broader economic challenges in China, where GDP growth in 2024 fell below targets, growing between 2.4% and 2.8% according to Rhodium Group estimates. The Chinese government&#8217;s stimulus strategy includes <a href="https://www.benzinga.com/markets/asia/25/01/43168134/is-chinas-economic-stimulus-strategy-helping-its-ailing-markets-to-recover">lowering borrowing costs</a> and reducing bank reserve requirements to increase lending, measures that could potentially boost consumer spending.
Apple&#8217;s strategic approach in China includes embracing local innovation, as evidenced by Cook&#8217;s praise for Chinese AI startup DeepSeek. &#8220;In general, I think innovation that drives efficiency is a good thing,&#8221; Cook said during <a href="https://www.benzinga.com/markets/25/01/43373775/tim-cook-praises-chinas-deepseek-for-driving-efficiency-stresses-apples-prudent-and-deliberate-approach-toward-capital-expenditure">the earnings call</a> while detailing Apple&#8217;s hybrid AI model that combines on-device processing with cloud partnerships.
Goldman Sachs analysts warn that U.S. trade policies under President Donald Trump&#8216;s administration could pose additional <a href="https://www.benzinga.com/markets/asia/25/01/43168134/is-chinas-economic-stimulus-strategy-helping-its-ailing-markets-to-recover">challenges for the Chinese market</a>.
Read Next: 
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<li><a href="https://www.benzinga.com/media/25/01/43375144/meta-vows-to-fire-leakers-after-mark-zuckerbergs-private-comments-made-public-ceo-says-it-sks">Meta Vows To Fire Leakers After Mark Zuckerberg&#8217;s Private Comments Made Public — CEO Says, &#8216;It S&#x2A;&#x2A;ks&#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.

Tim Cook Sees Apple Products Covered By Beijing's Subsidy Program As iPhone Maker Faces 11% Revenue Decline In China: 'Fiscal Stimulus Occurring'

Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)-based meme coin launchpad Pump.fun was hit with a class-action lawsuit on Thursday, claiming that all tokens created on the platform are unregistered securities.
What happened: The suit, filed in a New York federal court, named Baton Corporation, a U.K.-registered company, as the owner of Pump.fun. The complaint alleged that the platform earned nearly half a billion dollars in fees by selling "highly volatile unregistered securities."
The plaintiff further accused Pump.fun of allowing the sale of "worthless" digital tokens in minutes, disregarding basic investor protections, including "Know Your Customer" rules and anti-money laundering protocols.
The lawsuit also claimed that the network has no age verification or restrictions in place, allowing anyone to create tokens on provocative themes.
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/25/01/43325381/elon-musks-tesla-racks-up-600-million-paper-gains-on-bitcoin-in-q4">Elon Musk&#8217;s Tesla Records $600 Million In Paper Gains On Bitcoin In Q4 Thanks To New Accounting Rule</a>&nbsp;
The lead complainant, Diego Angular, claimed to have lost money trading Pump.fun meme coins like Fwog (FWOG) and Griffain (GRIFFAIN) and sought compensation.&nbsp;
Alon Cohen, Pump.fun creator, didn&#8217;t immediately respond to Benzinga&#8217;s request for comment.
Why It Matters: The latest legal trouble comes two weeks after a class-action lawsuit was filed against Pump.fun over the sale of the <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41949184/elon-musk-endorsed-peanut-the-squirrel-surges-270-to-15-billion-valuation-only-more-wild-moves-ahead-says-millionaire-trader">popular</a> Peanut The Squirrel (PNUT) token.
Pump.fun was at the heart of the <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42014810/viral-baby-hippo-moodeng-makes-new-all-time-high-could-follow-shiba-inus-run-trader-predicts">Solana meme coin mania</a> last year, spawning multi-million dollar coins like PNUT, Fartcoin (FARTCOIN), and MooDeng (MOODENG).
As of this writing, the combined market capitalization of Pump.fun meme coins was nearly $6 billion, <a href="https://www.coingecko.com/en/categories/pump-fun">according </a>to CoinGecko. Over the last 24 hours, the valuation fell by 8%.
Photo by Avi Rozen on Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/25/01/43326463/former-senator-bob-menendez-who-said-bitcoin-will-open-doors-of-corruption-in-el-salvador-gets-11-year-jail-term-for-accepting-bribes">Former Senator Bob Menendez Who Said &#8216;Bitcoin Will Open Doors Of Corruption In El Salvador&#8217; Gets 11-Year Jail Term For Accepting Bribes</a></li>
</ul>

$SOL

Are Fartcoin, MooDeng Tokens Securities? Solana-based Memecoin Creator Pump.fun Slapped With Class-Action Lawsuit

Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) researcher Troy Teslike expects the company&#8217;s EV deliveries to drop this year despite the Elon Musk-led EV giant promising new and more affordable models on Wednesday.
What Happened: Teslike expects deliveries to decline 1% in 2025 to 1.77 million units, below the company-compiled consensus estimate of over 2 million units, the researcher said in a post on social media platform X, formerly Twitter. 
<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">Hi everyone. Here are the Tesla delivery estimates for the full year: • My Estimate: 1,772,000 units • Analyst Consensus: 2,039,674 units The analyst consensus comes from Tesla&#39;s survey of 26 analysts, known as the Company-Compiled consensus. Tesla delivered 1,789,226 cars… <a href="https://t.co/t5sKQBw6B0">pic.twitter.com/t5sKQBw6B0</a>
&mdash; Troy Teslike (@TroyTeslike) <a href="https://twitter.com/TroyTeslike/status/1885045876332114093?ref_src=twsrc%5Etfw">January 30, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
As per Teslike, the start of Tesla Semi deliveries won&#8217;t contribute to the delivery numbers this year and CEO Musk did not reiterate the <a href="https://www.benzinga.com/tech/25/01/42802658/tesla-ceo-elon-musks-20-to-30-sales-growth-target-for-2025-is-not-realistic-says-analyst">20%-30% delivery growth target</a> that he had put forth in October.
&#8220;We expect the vehicle business to return to growth in 2025,&#8221; the company said in its earnings report instead. 
Teslike, however, expects sales to drop in both the U.S. and Europe due to top brand sentiment and fewer incentives. The researcher, however, expects deliveries to rise in China, similar to 2024. 
Tesla said on Wednesday that the company expects to start production of new models, including more affordable ones, in the first half of 2025. Teslike, however, expects the new vehicles to cannibalize sales of existing models.
Why It Matters: Tesla stock rose after hours on Wednesday despite the company reporting revenue and <a href="https://www.benzinga.com/tech/25/01/43326143/tesla-stock-rises-5-after-hours-on-fsd-and-new-vehicle-promises-despite-q4-revenue-miss">earnings below expectations</a>. The company promised new and affordable models this year and said that it would start testing its autonomous ride-hailing service in Texas in June with vehicles deployed with its full self-driving (FSD) driver assistance technology, driving investor sentiment. 
However, Musk also warned that the company will be retooling factories for the start of production of its new and refreshed Model Y in the first quarter and the change will result in <a href="https://www.benzinga.com/25/01/43328898/elon-musk-warns-teslas-new-model-y-will-result-in-several-weeks-of-lost-production-for-ev-giant-in-q1">several weeks of lost production</a>. 
Tesla stock closed up 2.9% at $400.28 on Thursday, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro.</a> Tesla has a consensus price target of $320.75 based on the ratings of 32 <a href="https://www.benzinga.com/quote/TSLA/analyst-ratings">analysts tracked by Benzinga</a> and a consensus &#8220;buy&#8221; rating.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/43327837/tesla-ceo-elon-musk-dismises-lidar-again-says-if-humans-drive-without-shooting-lasers-from-their-eyes-so-can-autonomous-cars">Tesla CEO Elon Musk Dismisses LiDAR Again: &#8216;Humans Drive Without Shooting Lasers Out Of Their Eyes&#8217;</a></li>
<li></li>
</ul>
Image via Shutterstock

TSLA

Tesla Researcher Predicts Drop In Deliveries For Elon Musk's EV Giant In 2025 Despite New Model Launches

Macro Economic Events

Economics

Reported Earlier, Australia Producer Price Index (QoQ) For Q4 0.8% Vs. 1.0% Est.; 1.0% (Revised) Prior

Reported Earlier, Australia Producer Price Index (YoY) For Q4 3.7% Vs. 3.9% Prior

BBJP

WisdomTree Trust Japan Total Dividend Fund

Reported Earlier, Japan Industrial Production (MoM) Preliminary For December 0.3% Vs. -0.1% Est.; -2.2% Prior

Reported Earlier, Japan Tokyo Core Consumer Price Index (YoY) For January 2.5% Vs. 2.5% Est.; 2.4% Prior

Mexican President Claudia Sheinbaum has formally requested 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 to reconsider renaming the Gulf of Mexico
What Happened: The request follows an <a href="https://www.benzinga.com/government/regulations/25/01/43086509/trump-unleashes-executive-orders-on-border-security-oil-drilling-domestic-manufacturing-in-first-acts-as-president">executive order by U.S.</a> President Donald Trump to rename the body of water as the "<a href="https://www.benzinga.com/tech/25/01/43256798/google-maps-to-rename-gulf-of-mexico-to-gulf-of-america-for-us-users-in-aftermath-of-trump-executive-order">Gulf of America</a>."
The renaming will only affect Google Maps users in the U.S., while the rest of the world will continue to see the Gulf of Mexico.
Sheinbaum argues that the U.S. lacks the legal authority to change the name internationally, citing the United Nations Convention on the Law of the Sea, which limits a country&#8217;s sovereign territory to 12 nautical miles from its coastline, <a href="https://www.bbc.com/news/articles/clyn1rgngn8o">reported</a> BBC.
See Also:&nbsp;<a href="https://www.benzinga.com/government/regulations/25/01/43086509/trump-unleashes-executive-orders-on-border-security-oil-drilling-domestic-manufacturing-in-first-acts-as-president" target="_blank" rel="noreferrer noopener">Trump Unleashes Executive Orders On Border Security, Oil Drilling, Domestic Manufacturing In First Acts As President</a>
She also poked fun at Trump&#8217;s decision saying, &#8220;By the way, we are also going to ask for Mexican America to appear on the map.&#8221;
Why It Matters: Google has a history of adjusting place names in regions with territorial disputes. For instance, it refers to the body of water between Japan and South Korea as the "Sea of Japan (East Sea)."&nbsp;&nbsp;
In 2012, Iran warned of potential legal action against Google after the company removed "Persian Gulf" from its maps. In some regions, the waterway is now labeled as the "Persian Gulf (Arabian Gulf)."
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.
Google has also reportedly reclassified the U.S. as a &#8220;<a href="https://www.benzinga.com/media/25/01/43295150/google-reclassifies-us-as-sensitive-country-just-like-china-and-russia-after-trumps-gulf-of-america-move">sensitive country</a>,&#8221; a label typically reserved for nations with strict governments or border disputes, such as China and Russia.
Price Action: As of this writing, Alphabet&#8217;s Class A shares were up 0.35% in after-hours trading at $201.57, while Class C shares climbed 0.34% to $203.32. Earlier on Thursday, Class A shares closed 2.79% higher at $200.87, with Class C shares rising 2.76% to $202.63, according to <a href="https://benzinga.grsm.io/lxquj26b2sag">Benzinga Pro data</a>.
Photo Courtesy: 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>.
Read Next:
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<li><a href="https://www.benzinga.com/tech/25/01/43221770/apples-ipad-turns-15-today-heres-a-throwback-to-when-steve-jobs-explained-called-it-the-third-category-after-phones-and-notebooks" target="_blank" rel="noreferrer noopener">Apple's iPad Turns 15 Today: Here's A Throwback To When Steve Jobs Explained Called It The ‘Third Category' After Phones And Notebooks</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.

Politics

GOOG

GOOGL

Mexican President Asks Google Not To Rename Gulf Of Mexico, Takes A Swipe At Trump Decision By Asking For 'Mexican America'

Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) corrected sharply this week, but the dog-themed cryptocurrency could gain upsides in the days to come, according to a popular trader's analysis on Thursday.
What happened: Trader Tardigrade, noted for recognizing patterns and forecasting the next moves for cryptocurrencies, predicted "upside momentum" for DOGE as the meme coin broke out from a descending trendline.&nbsp;
Typically, a break above the descending trend line indicates that buyer demand has increased and the bearish trend could end. Notably, DOGE lost over 6% in a week.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a> is breaking out of a Descending Trendline &#x1f525;<a href="https://twitter.com/search?q=%24Doge&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$Doge</a> gains upside momentum &#x1f680; <a href="https://t.co/AHB2i4jGUX">pic.twitter.com/AHB2i4jGUX</a>
&mdash; Trader Tardigrade (@TATrader_Alan) <a href="https://twitter.com/TATrader_Alan/status/1885080007384719587?ref_src=twsrc%5Etfw">January 30, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
In a separate post, the influential trader spotted a falling wedge pattern on the weekly Dogecoin vs. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) dominance chart.
The falling wedge is now supported by a key level. Dogecoin might outperform BTC and lead the #Altseason in the coming weeks," they stated.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24Doge.D&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$Doge.D</a>/ <a href="https://twitter.com/search?q=%24BTC.D&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC.D</a> (Dogecoin Dominance on Bitcoin Dominance) has formed a Falling Wedge on the weekly chart &#x1f525; The falling wedge is now supported by a Key Level.<a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a> might outperform <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> and lead the <a href="https://twitter.com/hashtag/Altseason?src=hash&amp;ref_src=twsrc%5Etfw">#Altseason</a> in the coming weeks &#x1f680; <a href="https://t.co/U42ZCnE0gu">pic.twitter.com/U42ZCnE0gu</a>
&mdash; Trader Tardigrade (@TATrader_Alan) <a href="https://twitter.com/TATrader_Alan/status/1884956914502767086?ref_src=twsrc%5Etfw">January 30, 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/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/25/01/43325381/elon-musks-tesla-racks-up-600-million-paper-gains-on-bitcoin-in-q4">Elon Musk&#8217;s Tesla Records $600 Million In Paper Gains On Bitcoin In Q4 Thanks To New Accounting Rule</a>&nbsp;
Ali Martinez, another widely followed cryptocurrency analyst, predicted DOGE to rise to $0.36 after the biggest meme coin by market capitalization was seen breaking out of a symmetrical triangle pattern.
A symmetrical triangle pattern, characterized by two converging trend lines, indicates a period of market consolidation before a potential breakout or breakdown.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a> <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a> appears to have broken out of a symmetrical triangle, targeting $0.36! <a href="https://t.co/Inx2spKBa7">pic.twitter.com/Inx2spKBa7</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1884984215881834762?ref_src=twsrc%5Etfw">January 30, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: The bullish projections contrasted with bearish signals coming from some popular technical indicators of Dogecoin.
The Moving Average Convergence Divergence, which compares two exponential moving averages of price, flashed a "Sell" signal as of this writing, according to <a href="https://in.tradingview.com/symbols/DOGEUSD/technicals/">data </a>from TradingView.
Additionally, the Momentum indicator, which compares the short-term momentum and long-term momentum, also gave a bearish signal.
In the futures market, bearish bets on DOGE surged against bullish bets, <a href="https://www.coinglass.com/LongShortRatio">according </a>to Coinglass.
Price Action: At the time of writing, DOGE was exchanging hands at $0.3274, down 1.47% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. Year-to-date, the coin was up 3.56%.
Image via Shutterstock
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</ul>

$DOGE

Dogecoin Might 'Outperform' Bitcoin And Lead The Altcoin Season, Says Analyst

Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) has reportedly issued a stern warning to employees about leaking information.
This comes after CEO Mark Zuckerberg&#8217;s comments during an all-hands meeting were leaked on Wednesday.
What Happened: In an internal memo, Guy Rosen, Meta&#8217;s chief information security officer, emphasized the seriousness of leaks, stating, &#8220;We take leaks seriously and will take action,&#8221; <a href="https://www.theverge.com/meta/603812/meta-warns-leakers-leaked-memo">reported</a> The Verge.&nbsp;
He highlighted the negative impact on team morale and productivity, adding that Meta will &#8220;take appropriate action, including termination&#8221; against those responsible.
See Also:&nbsp;<a href="https://www.benzinga.com/news/legal/25/01/43325503/mark-zuckerbergs-meta-pays-trump-25-million-to-settle-lawsuit-over-facebook-instagram-ban-after-jan-6-riot-a-big-year-for-redefining-our-relationships-with-governments" target="_blank" rel="noreferrer noopener">Mark Zuckerberg's Meta Pays Trump $25 Million To Settle Lawsuit Over Facebook, Instagram Ban After Jan. 6 Riot: ‘A Big Year For Redefining Our Relationships With Governments'</a>
Why It Matters: The memo came shortly after Zuckerberg&#8217;s remarks from Meta&#8217;s first all-hands meeting of the year were leaked, according to a separate <a href="https://www.theverge.com/command-line-newsletter/603754/mark-zuckerberg-tells-employees-to-buckle-up-in-leaked-all-hands-meeting">report</a> by The Verge.
During the meeting, Zuckerberg addressed employee concerns about layoffs, content moderation changes, and Meta's relationship with the Donald Trump administration.
He defended <a href="https://www.benzinga.com/25/01/42960291/metas-content-moderation-changes-alarm-advertisers-as-zuckerberg-aligns-with-trump-and-musk">policy shifts</a>, highlighted Meta's continued AI and smart glasses investments, and expressed frustration over leaks, leading to stricter internal communications.&nbsp;
&#8220;We try to be really open, and then everything I say leaks,&#8221; he stated, adding, &#8220;It s&#x2A;&#x2A;ks.&#8221;
Meta&#8217;s warning to employees about leaks is not an isolated incident. In February 2023, the company <a href="https://www.benzinga.com/news/23/02/30871801/metas-vr-headset-leaks-mystery-solved-source-identified-after-probe">identified the source of leaks</a> concerning its unannounced VR headsets.&nbsp;
Zuckerberg also has a history of taking a firm stance against leaks. In 2010, he demanded the immediate resignation of a Facebook employee after what he termed &#8220;<a href="https://www.benzinga.com/general/social-media/24/09/40714270/mark-zuckerbergs-confidential-2010-email-demanded-a-facebook-employee-resign-immediately-aft">an act of betrayal</a>&#8221; against the company.
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.
Meta continues to perform well financially. The company reported a <a href="https://www.benzinga.com/general/social-media/25/01/43322201/meta-platforms-q4-earnings-revenue-beat-eps-beat-daily-actives-up-5-continued-strong-revenue-growth-expected">strong fourth quarter</a>, with revenue of $48.39 billion, beating <a href="https://www.benzinga.com/calendars/earnings">analyst estimates</a> of $47.03 billion.
Price Action: Meta&#8217;s stock dipped 0.16% in after-hours trading to $685.91. Earlier on Thursday, it closed at $687, reflecting a 1.55% gain during regular trading, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Photo Courtesy: Shutterstock.com
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech">following this link</a>.
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<li><a href="https://www.benzinga.com/tech/25/01/43221770/apples-ipad-turns-15-today-heres-a-throwback-to-when-steve-jobs-explained-called-it-the-third-category-after-phones-and-notebooks" target="_blank" rel="noreferrer noopener">Apple's iPad Turns 15 Today: Here's A Throwback To When Steve Jobs Explained Called It The ‘Third Category' After Phones And Notebooks</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.

Meta Vows To Fire Leakers After Mark Zuckerberg's Private Comments Made Public — CEO Says, 'It S**ks'

Amid recent artificial intelligence sector turbulence, CNBC&#8217;s Jim Cramer wondered if Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) might be the next Chinese tech giant to draw market focus. 
What Happened: He posed the question on X on Thursday, writing, &#8220;First, it was DeepSeek, then it was BABA, and next, maybe Baidu?&#8221;
The observation comes as Alibaba Group Holding Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) shares surged 6.39% to $102.91 on Thursday, driven by growing investor confidence in its <a href="https://www.benzinga.com/trading-ideas/movers/25/01/43351350/alibaba-stock-rises-as-deepseek-selloff-continues-qwen-ai-model-gains-attention">Qwen 2.5-Max AI model</a>. Alibaba&#8217;s latest AI iteration has reportedly outperformed DeepSeek-V3 in multiple benchmarks, including Arena Hard, LiveBench, and GPQA-Diamond tests.
The market repositioning follows a tumultuous period triggered by DeepSeek&#8217;s disruptive entrance, which initially caused a massive tech sector selloff. NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) saw <a href="https://www.benzinga.com/markets/equities/25/01/43294528/jim-cramer-says-the-shoot-first-learn-later-crowd-got-hosed-as-nvidia-and-other-tech-stocks-stage-recovery-after-deepseek-turmoil">nearly $600 billion erased from its market value</a> on Monday before staging an 8.82% recovery on Tuesday.
See Also: <a href="https://www.benzinga.com/trading-ideas/movers/25/01/43351350/alibaba-stock-rises-as-deepseek-selloff-continues-qwen-ai-model-gains-attention">Tim Cook Praises China&#8217;s DeepSeek For Driving Efficiency, Stresses Apple&#8217;s &#8216;Prudent And Deliberate&#8217; Approach Toward Capital Expenditure</a>
Why It Matters: DeepSeek, which emerged from <a href="https://www.benzinga.com/markets/equities/25/01/43293842/bill-ackman-questions-whether-deepseek-ais-hedge-fund-affiliate-profited-from-nvidias-sell-off-a-fortune-could-have-been-made">the $8 billion quantitative hedge</a> fund High-Flyer, had claimed to match OpenAI&#8217;s performance at significantly lower costs, developing its R1 model for just $5.6 million using lower-end Nvidia chips. However, sustainability concerns have since dampened enthusiasm for DeepSeek-linked investments.
The shifting landscape has caught the attention of <a href="https://www.benzinga.com/markets/equities/25/01/43296517/black-swan-author-nassim-taleb-nvidias-17-drop-on-monday-is-just-the-beginning-says-electric-cars-are-next-noting-pioneers-with-innovative-ideas-never-made-money">prominent market observers</a>. &#8220;Black Swan&#8221; author Nassim Taleb warned investors about the fragility of wealth concentration in technology stocks, suggesting at Miami Hedge Fund Week that potential drawdowns could be &#8220;two or three times bigger&#8221; than Monday&#8217;s selloff.
Meanwhile, OpenAI is reportedly in discussions with SoftBank Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>) for a potential $40 billion funding round at <a href="https://www.benzinga.com/media/25/01/43374528/softbank-may-lead-openais-40-billion-funding-round-at-a-300-billion-valuation-despite-deepseek-disruption-report">a $300 billion valuation</a>, highlighting the intense competition in the AI space. OpenAI has accused DeepSeek of using its proprietary models without authorization, adding another layer of complexity to the evolving narrative.
Price Action: Baidu closed at $94.77 on Thursday, gaining 5.76% for the day. In after-hours trading, the stock dipped slightly by 0.047%, according to <a href="https://www.benzinga.com/pro/">data from Benzinga Pro</a>.
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<li><a href="https://www.benzinga.com/trading-ideas/movers/25/01/43374018/bitcoin-dogecoin-trade-flat-ethereum-rises-ahead-of-feds-preferred-inflation-gauge-release-will-bitcoin-peak-in-early-2027">Bitcoin, Dogecoin Trade Flat, Ethereum Rises Ahead Of Fed&#8217;s Preferred Inflation Gauge Release: Will Bitcoin Peak In Early 2027?</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.

BABA

BIDU

SFTBY

Jim Cramer Wonders If Baidu Could Be Next After Alibaba's AI Model Outperforms DeepSeek

Cryptocurrency firm Tether (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDT</a>) announced the launch of USDT, the world&#8217;s most valuable stablecoin by market cap, on the Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) blockchain on Thursday.
What Happened: The integration will make the $139 billion-valued stablecoin available on Bitcoin&#8217;s base layer and the <a href="https://www.benzinga.com/money/what-is-the-bitcoin-lightning-network">Lightning Network</a>, its second-layer protocol, according to a press release.
The integration will be made possible by the&nbsp;new Taproot-powered protocol, Taproot Assets,&nbsp;developed by Lightning Labs. The upgrade allows users to issue and transfer digital assets like stablecoins directly on the Bitcoin blockchain.
&#8220;Millions of people will now be able to use the most open, secure blockchain to send dollars globally. It all comes back to Bitcoin,&#8221; Lightning Labs CEO Elizabeth Stark said.
Tether CEO Paulo Ardoino said the integration will offer practical solutions for remittances, payments, and other financial services. 
USDT is already available on several leading blockchains like Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), Tron (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/trx/usd">TRX</a>), and Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</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/25/01/43325381/elon-musks-tesla-racks-up-600-million-paper-gains-on-bitcoin-in-q4">Elon Musk&#8217;s Tesla Records $600 Million In Paper Gains On Bitcoin In Q4 Thanks To New Accounting Rule</a>
Why It Matters: USDT is extensively used to enter and exit trading positions on exchanges, as well as in decentralized apps, remittances, and settlements, among other use cases. It is the fourth-largest cryptocurrency by market capitalization and most traded among them all.
However, over the years, USDT has attracted criticism for being a popular tool for&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42166673/drug-cartels-use-tether-and-bitcoin-to-launder-millions-court-documents-reveal" target="_blank" rel="noreferrer noopener">drug traffickers&nbsp;</a>and illegal gaming platforms to launder money. A UN report from last year explicitly mentioned&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/01/36644909/from-casinos-to-slaves-un-report-details-tethers-role-in-organized-crime" target="_blank" rel="noreferrer noopener">USDT's role</a>&nbsp;in boosting the&nbsp;illicit digital economy in Southeast Asia.
Earlier this month, Tether <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42956569/tether-to-relocate-headquarters-to-el-salvador">relocated to El Salvador</a>, citing the country&#8217;s cryptocurrency-friendly policies, favorable regulations, and widespread adoption of digital assets.
Image via Shutterstock
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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>

$ETH

$TRX

$USDT

USDT

Tether Is Bringing USDT To Bitcoin Network, Which Will Allow 'Millions' To Send Dollars Globally

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) <a href="https://www.benzinga.com/news/earnings/25/01/43355688/apple-q1-earnings-revenue-beat-eps-beat-iphone-sales-slip-installed-base-climbs-to-all-time-high-our-best-quarter-ever">delivered better-than-expected fiscal first-quarter results</a>, with Deepwater Asset Management&#8216;s Gene Munster suggesting the quarter wasn&#8217;t as disappointing as initial numbers indicated, citing channel inventory adjustments and forward guidance as key factors.
What Happened: The tech giant reported revenue of $124.3 billion, slightly exceeding analyst estimates of $124.13 billion, while earnings per share came in at $2.40, above the expected $2.36. Despite these beats, iPhone sales showed some weakness, particularly in China.
Munster, analyzing the results on X, pointed to channel inventory adjustments as a significant factor in the apparent slowdown. &#8220;The mess wasn&#8217;t as big as it looked in the numbers,&#8221; he noted, explaining that about half of the weakness in China, where revenue declined 11%, was attributable to inventory management rather than underlying demand issues.
&#8220;I still believe Apple Intelligence will reaccelerate iPhone sales starting in June based on early uptake data in the US,&#8221; Munster said. 
The company&#8217;s installed base reached a new all-time high <a href="https://www.benzinga.com/news/earnings/25/01/43355688/apple-q1-earnings-revenue-beat-eps-beat-iphone-sales-slip-installed-base-climbs-to-all-time-high-our-best-quarter-ever">across all products and geographic segments</a>, with CEO Tim Cook highlighting the role of Apple silicon in unlocking new possibilities through Apple Intelligence. Services revenue showed particular strength, growing to $26.34 billion from $23.12 billion year-over-year, representing about 20% of total sales.
Looking ahead, Munster expressed optimism about iPhone sales reaccelerating by June, based on early adoption data in the U.S. He emphasized the strength of Apple&#8217;s ecosystem, noting the 7% growth in the installed base to 2.2 billion devices.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24AAPL&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$AAPL</a>&#39;s quarter was not as bad as the numbers first looked based on channel inventory and the guide. I still believe Apple Intelligence will reaccelerate iPhone sales starting in June based on early uptake data in the US. <a href="https://t.co/jPrLxN4M6U">pic.twitter.com/jPrLxN4M6U</a>
&mdash; Gene Munster (@munster_gene) <a href="https://twitter.com/munster_gene/status/1885118521224351873?ref_src=twsrc%5Etfw">January 31, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: However, challenges remain in China, where local competition and shifting consumer preferences toward domestic brands pose ongoing concerns. Despite these headwinds, Apple&#8217;s guidance for the March quarter suggests approximately 5% revenue growth, which Munster views as encouraging given the inventory adjustments in the previous quarter.
Price Action: Apple&#8217;s stock closed on Thursday at $237.59, down 0.74% for the day. However, in after-hours trading, the stock price rose by 3.01%, according to <a href="https://www.benzinga.com/pro/">data from Benzinga Pro</a>.
Read Next: 
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<li><a href="https://www.benzinga.com/25/01/43354237/deepseek-doesnt-own-name-trademark-in-us-could-this-be-the-next-battle-alongside-ip-theft-allegations">DeepSeek Doesn&#8217;t Own Name Trademark In US: Could This Be The Next Battle Alongside IP Theft Allegations?</a></li>
</ul>
Image Via Shutterstock 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Gene Munster Says Apple's 'Mess Wasn't As Big As It Looked' As iPhone Maker Delivers Better Than Expected Results

About a billion Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) tokens were removed from circulation on Thursday, applying further deflationary pressure on the popular dog-themed cryptocurrency.
What Happened:&nbsp;Kaal Dhairya, a key figure in the ecosystem, took to X to announce the massive burning event to celebrate upgrades made to ShibTorch, Shiba Inu&#8217;s community-driven burn portal.
&#8220;To celebrate the progress team is making the deployer has burnt pending 1B SHIB, enjoy,&#8221; Dhairya said.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">To celebrate the progress team is making the deployer has burnt pending 1B SHIB, enjoy <a href="https://t.co/3fbkLUDjQp">https://t.co/3fbkLUDjQp</a> <a href="https://t.co/YsdwuATIyz">https://t.co/YsdwuATIyz</a>
&mdash; Kaal (@kaaldhairya) <a href="https://twitter.com/kaaldhairya/status/1885068301505569195?ref_src=twsrc%5Etfw">January 30, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Coin burning involves purposely sending a cryptocurrency to an unusable wallet address to remove it from circulation. This is done to generate scarcity and gradually boost the market value of the token in the long term.
Due to the massive incineration, the burn rate shot up to 43325.59% in the past 24 hours, <a href="https://www.shibburn.com/">according </a>to Shiba Inu&#8217;s official burn tracker. As of this writing, nearly 410.744 trillion SHIB tokens have gone up in smoke.
ShibTorch was launched in August last year on Shibarium, Shiba Inu&#8217;s Layer-2 blockchain, allowing users to actively participate in burning tokens. Note that a portion of transaction fees paid on Shibarium are set aside and burned.
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/25/01/43325381/elon-musks-tesla-racks-up-600-million-paper-gains-on-bitcoin-in-q4">Elon Musk&#8217;s Tesla Records $600 Million In Paper Gains On Bitcoin In Q4 Thanks To New Accounting Rule</a>
Why It Matters:&nbsp;The mega-burning event comes on the heels of a <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43261673/shytoshi-kusamas-biggest-announcement-ever-tease-triggers-rally-in-shiba-inu-ecosystem-tokens">big tease</a> by Shytoshi Kusama, Shiba Inu&#8217;s lead ambassador. Earlier this week, they hinted at the &#8220;biggest announcement&#8221; ever related to the blockchain ecosystem.
Kusama continued to pique the interest of the community, announcing that an <a href="https://www.benzinga.com/25/01/43293760/shiba-inus-shytoshi-kusama-teases-extremely-powerful-partnership-for-ecosystemcoin-themed-on-mysterious-personality-rallies-25">&#8220;extremely powerful partnership&#8221;</a> was the works.
Meanwhile, SHIB&#8217;s daily active addresses rose by 1.15% in the last 24 hours, although large transactions involving whales dipped significantly, <a href="https://app.intotheblock.com/?end_offset=20">according</a> to data from IntoTheBlock. 
Price Action: At the time of writing, SHIB was exchanging hands at $0.00001859, up 0.41% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.
Image via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/25/01/43326463/former-senator-bob-menendez-who-said-bitcoin-will-open-doors-of-corruption-in-el-salvador-gets-11-year-jail-term-for-accepting-bribes">Former Senator Bob Menendez Who Said &#8216;Bitcoin Will Open Doors Of Corruption In El Salvador&#8217; Gets 11-Year Jail Term For Accepting Bribes</a></li>
</ul>

$SHIB

Shiba Inu's Burn Rate Explodes 43325% As A Billion SHIB Tokens Kicked Out Of Circulation

SoftBank Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>) is reportedly in discussions to spearhead a new funding round for OpenAI, potentially raising up to $40 billion.
What Happened: This investment would value the ChatGPT-maker at $300 billion, marking a record-setting funding round for a private entity, reported Reuters, citing sources.
As per the report, SoftBank assessed OpenAI&#8217;s value at $260 billion before the funding round, a notable increase <a href="https://www.benzinga.com/news/24/10/41149788/openai-valuation-soars-to-157b-in-latest-funding-round">from $157 billion just months ago</a>.
See Also:&nbsp;<a href="https://www.benzinga.com/25/01/43295689/tesla-gears-up-for-q4-print-here-are-the-recent-forecast-changes-from-wall-streets-most-accurate-analysts" target="_blank" rel="noreferrer noopener">Tesla Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts</a>
Earlier on Thursday, the Wall Street Journal also <a href="https://www.wsj.com/tech/ai/openaiin-talks-for-huge-investment-round-valuing-it-up-to-300-billion-2a2d4327">reported</a> that OpenAI could be valued at around $340 billion with this funding round.
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Why It Matters: Previously, it was reported that <a href="https://www.benzinga.com/25/01/43327823/softbank-eyes-historic-25-billion-investment-in-openai-poised-to-dethrone-microsoft-as-chatgpt-parents-biggest-investor">SoftBank might invest</a> $15 billion to $25 billion directly into OpenAI. This investment would represent a significant commitment for SoftBank and its CEO, Masayoshi Son, who has approximately $30 billion in cash reserves.
It could make it the largest stakeholder in OpenAI, surpassing Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), which has invested nearly $14 billion.
The move comes as DeepSeek, a Chinese startup, has said it developed its cost-effective R1 model <a href="https://www.benzinga.com/tech/25/01/43327016/microsoft-ceo-satya-nadella-accepts-deepseek-ai-has-some-real-innovations-but-wont-say-if-they-mark-a-turning-point-for-ai-cost-reduction">in just two months</a>, investing $5.6 million and using lower-end Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) chips.
<a href="https://www.benzinga.com/25/01/43296041/openai-alleges-deepseek-used-proprietary-models-without-permission-as-microsoft-investigates-ai-security-risks">OpenAI has accused DeepSeek</a> of using its proprietary models without authorization.
Photo by NP27 on Shutterstock.
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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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.

SFTBF

SoftBank May Lead OpenAI's $40 Billion Funding Round At A $300 Billion Valuation Despite DeepSeek Disruption: Report

Despite the slower-than-expected economic growth in the US for the final quarter of 2024, the stock market ended in the green on Thursday. The S&amp;P 500 and Nasdaq indices witnessed a rise of 0.5% and 0.4% respectively, as the GDP growth rate <a href="https://www.benzinga.com/economics/macro-economic-events/25/01/43336153/us-economy-grows-below-q4-estimates-as-consumer-spending-hits-7-quarter-high">fell short of the forecasted 2.6% expansion</a>. The tech-heavy Nasdaq ended the day 0.25% higher at 19,681.75.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Apple Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)
Apple&#8217;s stock dipped by 0.74%, closing at $237.59. However, the shares were seen trading nearly 3% higher in the after-hours session. The intraday high and low were $240.79 and $237.21, respectively, with a 52-week range of $260.09 to $164.08. The tech giant reported a successful first quarter, with <a href="https://in.benzinga.com/news/earnings/25/01/43355688/apple-q1-earnings-revenue-beat-eps-beat-iphone-sales-slip-installed-base-climbs-to-all-time-high-our-best-quarter-ever">revenue of $124.3 billion</a> and adjusted earnings of $2.40 per share, both surpassing analyst estimates. 
Intel Corp.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>)
Intel&#8217;s shares rose by 1.32%, closing at $20.01. The intraday high and low were $20.10 and $19.43, respectively, with a 52-week range of $46.63 to $18.51. Investors were closely watching the company&#8217;s CEO search and potential segment spin-offs following its fourth-quarter financial report. The company <a href="https://www.benzinga.com/news/earnings/25/01/43354712/intel-stock-climbs-on-better-than-expected-q4-report-details">reported earnings per share</a> of 13 cents which beat the consensus estimate of 12 cents.
Walgreens Boots Alliance Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>)
Walgreens&#8217; stock climbed by 1.87%, closing at $11.46. The intraday high and low were $11.60 and $11.25, respectively, with a 52-week range of $23.77 to $8.08. The company announced the <a href="https://www.benzinga.com/trading-ideas/dividends/25/01/43357768/walgreens-boots-alliance-shares-slide-as-board-suspends-dividend">suspension of its quarterly dividend</a> as part of a longer-term turnaround strategy. 
United Parcel Service Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>)
UPS shares plummeted by 14.11%, closing at $114.9. The intraday high and low were $117.98 and $109.62, respectively, with a 52-week range of $158.95 to $109.62. The company reported a YoY <a href="https://www.benzinga.com/news/earnings/25/01/43335015/ups-q4-earnings-major-customer-volume-cut-raises-jitters-stock-tanks">consolidated revenue growth</a> of 1.5% in the fourth quarter, missing the consensus. 
Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s stock rose by 2.87%, closing at $400.28. The intraday high and low were $412.50 and $384.41, respectively, with a 52-week range of $488.54 to $138.80. CEO Elon Musk announced that the production of the new Model Y vehicle would result in <a href="https://www.benzinga.com/25/01/43328898/elon-musk-warns-teslas-new-model-y-will-result-in-several-weeks-of-lost-production-for-ev-giant-in-q1">several weeks of lost production</a> in the first quarter.
Image via Shutterstock
Prepare for the day&#8217;s trading <a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a> by Benzinga.
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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>

INTC

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Leading cryptocurrencies lost their early gains on Thursday as investors awaited the release of crucial inflation data.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:45 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>+0.03%</td>
<td>$104,582.18</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>+3.95%</td>
<td>$3,267.77</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>+0.05%</td>
<td>$0.3308</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin broke through $106,000 in the morning before falling back to the $104,000 region. Popular dog-themed meme coin Dogecoin witnessed a similar price pattern.
Ethereum, on the other hand, sustained its gains, rising nearly 4% in the last 24 hours.
About $86 million in short bets were wiped out in the last 24 hours, out of a total of $143 million in cryptocurrency liquidations.
Interestingly, traders placing short bets on Bitcoin rose against those gunning for price increases, according to the Long/Short Ratio.
That said, if Bitcoin reclaims its all-time high, more than $530 million in short positions will be liquidated.
"Extreme Greed" emotion dominated the market, according to the reading on the Crypto Fear &amp; Greed Index, sparking concerns of a further correction.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:45 p.m. ET)</td>
</tr>
<tr>
<td>DeXe (DEXE)</td>
<td>+30.15%</td>
<td>$20.80</td>
</tr>
<tr>
<td>JasmyCoin (JASMY)</td>
<td>+29.66%</td>
<td>$0.03193</td>
</tr>
<tr>
<td>Arweave (AR)</td>
<td>+27.44%</td>
<td>$16.46</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $3.57 trillion, growing by 1.92% in the last 24 hours.
Stocks closed in the green on Thursday. The Dow Jones Industrial Average added 136.83 points, or 0.38%, to close at 44,882.13. The S&amp;P 500 gained 0.53% to end at 6,071.17. The tech-focused Nasdaq Composite popped 0.25% to 19,681.75.
The uptick came as investors parsed the earnings of the "Magnificent 7" companies. Shares of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) rose 2.87% and 1.55%, respectively.
The focus now shifts to Friday's personal consumption expenditures index report, considered the Federal Reserve's preferred inflation gauge.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Popular cryptocurrency analyst and trader Ali Martinez emphasized the "critical importance" of $97,877 for Bitcoin, stating that a sizable amount of the apex cryptocurrency was scooped at this level.
"If it holds, the bull run could continue," Martinez predicted. "However, a break below $97,877 and $91,700 could put the entire bull market in jeopardy."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">With a significant amount of <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> accumulated at $97,877, this level holds critical importance. If it holds, the bull run could continue. However, a break below $97,877 and $91,700 could put the entire bull market in jeopardy.<a href="https://t.co/adz1GAiTFL">https://t.co/adz1GAiTFL</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1884901807228436492?ref_src=twsrc%5Etfw">January 30, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Another influential cryptocurrency trader, Michaël van de Poppe, ruled out the possibility of Bitcoin having 30% corrections this cycle.
"The markets become larger, through which a lot more liquidity is added and Bitcoin becomes more &#8216;boring&#8217;. Just a gradual upward pace," the trader noted.
Van De Poppe forecast that a Bitcoin peak could come either in the fourth quarter of 2025 or early 2027.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I don&#39;t think we&#39;ll have many 30% corrections on <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> during this cycle. The markets become larger, through which a lot more liquidity is added and Bitcoin becomes more &#39;boring&#39;. Just a gradual upwards pace. Either Bitcoin peaks in Q4 2025 or somewhere beginning 2027.
&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1885005301436531134?ref_src=twsrc%5Etfw">January 30, 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, Dogecoin Trade Flat, Ethereum Rises Ahead Of Fed's Preferred Inflation Gauge Release: Will Bitcoin Peak In Early 2027?

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