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BayFirst Financial

BayFirst Financial Corp is a one bank holding company, it generates its revenue from interest on loans and the gain-on-sale income derived from the sale of loans into the secondary market. The company serves a broad spectrum of individuals, families, and small businesses, supported by national business lines in residential and SBA lending and technology platforms. The primary source of funding for its loans is deposits. BayFirst measures performance through net interest income after provision for loan losses, return on average assets, and return on average common equity, while maintaining appropriate regulatory leverage and risk-based capital ratios.

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	Panbela Therapeutics, Inc. (NASDAQ: PBLA) shares jumped 53% to close at $0.58 on Friday.


Why Aditxt Shares Dipped Over 58%; Here Are 82 Biggest Movers From Friday

BayFirst Financial Corp

International Business Machines Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) delivered better-than-expected fourth-quarter results, exceeding analysts&#8217; expectations, and unveiled its big bets on artificial intelligence strategies and offerings.
What Happened: IBM has integrated AI in all of its business segments, from the tools clients use to manage and optimize their hybrid cloud environments, infrastructure, consulting, and its platform products.
&#8220;Our book of business related to generative AI now stands at greater than $2 billion inception-to-date. The mix is roughly one quarter software and three quarters consulting signings,&#8221; said the CEO and Chairman, Arvind Krishna during the company&#8217;s earnings call.
According to its AI strategy, IBM uses a &#8220;comprehensive platform approach&#8221;. Its hybrid cloud solutions, Rhel.ai and OpenShift AI serve as the foundation of their enterprise AI platform.
&#8220;They combine open-source IBM Granite&#8217;s LLMs (large language models) and InstructLab model alignment tools with full-stack optimization, enterprise-grade security and support and model indemnification,&#8221; added the CEO.
Additionally, IBM watsonx is a platform that combines AI assistance to help both its own and its clients&#8217; businesses to use AI more effectively.
Here is the list of IBM&#8217;s AI offerings and how they can be integrated into their clients&#8217; businesses:
<h3 class="wp-block-heading">IBM&#8217;s Granite Models</h3>
Granite, which is a family of AI models developed by IBM, is smaller and more cost-effective than LLMs. These models are trained on 116 programming languages and can be customized to specific use cases. IBM has open-sourced these models under the Apache 2.0 license.
Comparing it to the Linux of the AI era, Krishna said that he sees Granite, &#8220;Becoming dominant in the enterprise server space, thanks to the speed and innovation offered by open-source.&#8221;
<h3 class="wp-block-heading">InstructLab</h3>
IBM has also launched InstructLab, a tool that allows clients to rapidly tune their AI models using their own generated data. This tool can help clients customize their models.
<h3 class="wp-block-heading">Watsonx Code Assistant for Z</h3>
IBM is seeing early momentum in watsonx Code Assistant for Z, a tool that uses AI to help developers write code for IBM Z mainframes. This tool can help to improve developer productivity and reduce errors.
Talking about this offering, the senior VP and CFO, James J Kavanaugh said, &#8220;AI middleware, watsonx Assistants, the recently announced IBM Concert, and others contributed about $0.5 billion to our AI book of business inception to date.&#8221;
See Also: <a href="https://www.benzinga.com/general/market-summary/25/01/43297852/marjorie-taylor-greene-loads-up-on-meta-amazon-tesla-nvidia-and-other-stocks-as-donald-trumps-new-equations-with-big-tech-leaders-sets-stage-for-growth-what-is-at-stake">Marjorie Taylor Greene Loads Up On Meta, Amazon, Tesla, Nvidia And Other Stocks As Donald Trump&#8217;s New Equations With Big Tech Leaders Sets Stage For Growth: What Is At Stake?</a> 
Why It Matters: According to the IBM CEO, their early leadership in AI positions the company for &#8220;long-term success and this transformational technology&#8221;.
In the fourth quarter, the company reported <a href="https://www.benzinga.com/25/01/43321676/ibm-reports-q4">earnings</a> per share of $3.92, beating analyst estimates of $3.75. Revenue also slightly surpassed predictions, reaching $17.55 billion compared to the anticipated $17.54 billion. This represents a modest increase from the $17.38 billion generated during the same period last year.
A closer look at the results reveals a mixed performance across different segments:
<ul>
<li>Software: This area showed strong growth with revenue up by 10%.</li>
<li>Consulting: This segment experienced a decline, with revenue down 2%.</li>
<li>Infrastructure: This was the weakest area, with revenue decreasing by 8%.</li>
</ul>
See Also: <a href="https://www.benzinga.com/25/01/43321676/ibm-reports-q4">IBM Stock Rallies After Strong Q4 Report: Software Revenue Up 10%</a>
Price Action: IBM shares closed 1.32% higher on Wednesday and advanced by 8.85% in after-hours to $248.85 per share, outpacing SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), which tracks the S&amp;P 500 index, which declined 0.45% to $601.81.
According to the 22 analysts <a href="https://www.benzinga.com/quote/IBM/analyst-ratings">tracked by Benzinga</a>, IBM has a consensus price target of $200.19 per share with a &#8216;hold&#8217; rating. The highest target price is $260 and the lowest is $139.
The average price target of $233.33 apiece between Morgan Stanley, RBC Capital, and JPMorgan implies a 6.24% downside.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/IBM/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="385" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30005630/IBM-ANR-1024x385.png" alt="" class="wp-image-757288" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30005630/IBM-ANR-1024x385.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30005630/IBM-ANR-300x113.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30005630/IBM-ANR-768x288.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30005630/IBM-ANR.png 1057w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/market-summary/25/01/43296058/elon-musks-tesla-is-over-4x-more-expensive-than-industry-average-despite-weak-delivery-volumes-in-2024">Elon Musk&#8217;s Tesla Is Over 4X More Expensive Than Industry Average Despite Weak Delivery Volumes In 2024</a></li>
</ul>
Photo courtesy: Shutterstock

Earnings

Earnings Beats

Equities

Market Summary

Broad U.S. Equity ETFs

ETFs

General

IBM Beats Q4 Estimates, Bets Big On AI With $2 Billion Generative AI Business

Sanofi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNY#NASDAQ">SNY</a>) reported quarterly earnings of $0.70 per share which missed the analyst consensus estimate of $0.74 by 5.54 percent. This is a 21.46 percent decrease over earnings of $0.89 per share from the same period last year. The company reported quarterly sales of $11.275 billion which beat the analyst consensus estimate of $11.162 billion by 1.01 percent. This is a 4.07 percent decrease over sales of $11.753 billion the same period last year.

Earnings Misses

Sanofi Q4 2024 Adj. EPS $0.70 Misses $0.74 Estimate, Sales $11.275B Beat $11.162B Estimate

The Federal Reserve maintained <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43309377/interest-rate-speculation-heats-up-before-fed-meeting-what-betting-markets-signal">interest rates at 4.25%-4.5% on Wednesday</a>, prompting Allianz Chief Economic Advisor Mohamed El-Erian to suggest rate cuts might not materialize until June at the earliest, while President Donald Trump criticized the central bank&#8217;s approach to banking regulation.
What Happened: El-Erian, writing on X, noted that the Fed&#8217;s statement points to a &#8220;solid economy&#8221; and &#8220;elevated&#8221; inflation, with markets pushing yields slightly higher after the removal of language about inflation progress. 
&#8220;I strongly suspect that the goal of the Fed is not for us to learn anything new,&#8221; El-Erian <a href="https://www.bbc.com/reel/video/p0kmtx2k/expert-predicts-no-fed-rate-cut-before-june-29-jan-2025">told</a> BBC, suggesting the central bank aimed to &#8220;fly under the radar&#8221; during this meeting. &#8220;I suspect we won't see an interest rate cut until June at the earliest.&#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">As expected, the Federal Reserve left rates unchanged. The accompanying statement points to a solid economy, unemployment having &quot;stabilized,&quot; and inflation remaining elevated. With the removal of the reference to inflation making progress towards its objective, the markets&#39;…
&mdash; Mohamed A. El-Erian (@elerianm) <a href="https://twitter.com/elerianm/status/1884680057697829194?ref_src=twsrc%5Etfw">January 29, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) traded near flat following the announcement, while Treasury yields edged higher, with the two-year yield increasing 3 basis points to 4.24%. Market expectations now show a 30% probability of a March rate cut, increasing to 45% for June.
See Also: <a href="https://www.benzinga.com/markets/equities/25/01/43327057/mark-zuckerberg-says-metas-llama-4-to-feature-agentic-capabilities-unlocking-new-use-cases-it-will-become-one-the-most-widely-used-ai-models">Mark Zuckerberg Says Meta&#8217;s Llama 4 To Feature &#8216;Agentic Capabilities,&#8217; Unlocking New Use Cases: It Will Become One The Most &#8216;Widely Used&#8217; AI Models</a>
Why It Matters: Trump, responding to the Fed&#8217;s decision on Truth Social, pledged to address inflation through expanded energy production and regulatory cuts if elected. &#8220;The Fed has done a terrible job on Bank Regulation,&#8221; Trump wrote, promising <a href="https://www.benzinga.com/markets/25/01/43325490/trump-slams-feds-terrible-job-on-bank-regulation-after-rate-hold-vows-to-unleash-lending-for-all-american-people">Treasury-led reforms</a> to &#8220;unleash lending for all American people.&#8221;
Fed Chair Jerome Powell, maintaining the central bank&#8217;s independence, declined to comment on Trump&#8217;s criticism during his press conference. 
Comerica Bank Chief Economist Bill Adams suggested the Fed&#8217;s <a href="https://www.benzinga.com/25/01/43319060/first-rate-cut-in-june-if-at-all-in-2025-economist-says-as-federal-reserve-holds-rates-steady">cautious stance might reflect concerns</a> about potential inflationary pressures from proposed Trump administration policies, including higher tariffs and immigration controls.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/01/43327008/microsofts-13-billion-run-rate-and-openai-azure-deal-spark-surge-in-enterprise-demand-for-ai-solutions-just-first-tranche-of-future-growth-potential">Microsoft&#8217;s $13 Billion Run Rate And OpenAI Azure Deal Spark Surge In Enterprise Demand For AI Solutions: Just &#8216;First Tranche&#8217; Of Future Growth Potential</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.

Economics

Federal Reserve

Mohamed El-Erian Says Fed Wants To 'Fly Under The Radar,' Expects No Rate Cut Until June At The Earliest

In the fourth quarter, provision for credit losses was € 420 million and 35 bps of average loans, down 15% from € 494 million in the third quarter and down 14% from the prior year quarter. The quarter-on-quarter development primarily reflects a decline in provisions for non-performing loans (Stage 3) from € 482 million to € 415 million, driven by a larger recovery on a legacy case and a decline in commercial real estate provisions as expected. Provision for performing (Stage 1 and 2) loans was € 6 million; the effect of portfolio movements was largely offset by slightly improved macroeconomic forecasts and overlay recalculations. For 2025, the bank expects provision for credit losses to be around € 350-400 million per quarter on average.

Guidance

Deutsche Bank's Q4 Credit Loss Provisions Fell 15% To €420M (35 Bps Of Loans) From Q3, Driven By Lower Stage 3 Provisions. 2025 Guidance: €350M–€400M Per Quarter

Deutsche Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DB#NYSE">DB</a>) reported quarterly earnings of $0.16 per share which beat the analyst consensus estimate of $0.14 by 14.36 percent. This is a 77.76 percent decrease over earnings of $0.72 per share from the same period last year. The company reported quarterly sales of $7.710 billion which beat the analyst consensus estimate of $7.125 billion by 8.21 percent. This is a 7.58 percent increase over sales of $7.167 billion the same period last year.

Deutsche Bank Q4 2024 GAAP EPS $0.16 Beats $0.14 Estimate, Sales $7.710B Beat $7.125B Estimate

A wholly owned subsidiary of the Abu Dhabi Investment Authority ("ADIA") is committing, as an anchor LP to the first fund managed by the new business, 20% or up to $400 million of capital for the first fund.&nbsp; Welltower and Welltower's management is also contributing 20% of the LP capital up to a total of $400 million.

WELL

Reported Earlier, Welltower Expands Into Private Fund Management With Abu Dhabi Investment Authority As Anchor Investor

Under the terms of the merger agreement, NorthStar Healthcare's stockholders will receive $3.03 per share in cash. This per share consideration exceeds the net asset value per share of $2.96 determined by NorthStar Healthcare's board of directors as of June 30, 2024.

Reported Earlier, Welltower To Acquire Northstar Healthcare Income For $900M, Paying $3.03 Per Share In Cash

Reported Earlier, Marcus & Millichap Arranges $89.6M Financing For Two New Apartment Projects Near Minneapolis

&#x25AA; Nokia issues full year 2025 outlook on an organic basis. Nokia expects comparable operating profit of between EUR 1.9 billion and 2.4 billion and free cash flow conversion from comparable operating profit of between 50% and 80%.

Nokia 2025 Outlook: Expects Comparable Operating Profit Of €1.9B–€2.4B And Free Cash Flow Conversion Of 50%–80%

Business Outlook
ST's guidance, at the mid-point, for the 2025 first quarter is:
<ul>
<li>Net revenues are expected to be $2.51 billion, a decrease of 24.4% sequentially, plus or minus 350 basis points.</li>
<li>Gross margin of 33.8%, plus or minus 200 basis points.</li>
<li>This outlook is based on an assumed effective currency exchange rate of approximately $1.06 = €1.00 for the 2025 first quarter and includes the impact of existing hedging contracts.</li>
<li>The first quarter will close on March 29, 2025.</li>
</ul>

STMicroelectronics Q1 Outlook: Expected Net Revenues Of $2.51B (Vs. $2.76B Est.), Down 24.4% Sequentially; Gross Margin Forecast At 33.8% ± 200 Basis Points

Nokia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) reported quarterly earnings of $0.19 per share which beat the analyst consensus estimate of $0.13 by 47.69 percent. This is a 74.55 percent increase over earnings of $0.11 per share from the same period last year. The company reported quarterly sales of $6.385 billion which beat the analyst consensus estimate of $6.171 billion by 3.46 percent. This is a 3.94 percent increase over sales of $6.143 billion the same period last year.

Nokia Q4 2024 Adj. EPS $0.19 Beats $0.13 Estimate, Sales $6.385B Beat $6.171B Estimate

STMicroelectronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STM#NYSE">STM</a>) reported quarterly earnings of $0.37 per share which missed the analyst consensus estimate of $0.38 by 2.63 percent. This is a 67.54 percent decrease over earnings of $1.14 per share from the same period last year. The company reported quarterly sales of $3.321 billion which beat the analyst consensus estimate of $3.313 billion by 0.24 percent. This is a 22.44 percent decrease over sales of $4.282 billion the same period last year.

STMicroelectronics Q4 2024 GAAP EPS $0.37 Misses $0.38 Estimate, Sales $3.321B Beat $3.313B Estimate

Butterfly intends to use the net proceeds from this offering to fund the development and commercialization of new and existing products and services and for general corporate purposes.

BFLY

Reported Earlier, Butterfly Network Prices $75.6M Public Offering Of 24M Class A Common Stock At $3.15/Share

IPOs

BBNX

Reported Earlier, Beta Bionics Prices $204M Initial Public Offering Of 12M Common Shares At $17/Share

IMNM

Reported Earlier, Immunome Prices Upsized Public Offering Of 19,354,839 Common Stock At $7.75/Share

EV giant Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) reported a 113% rise in revenue from its energy generation and storage segment for the fourth quarter despite an 8% dip in automotive revenues.
What Happened: Tesla reported revenue of over $3 billion from its energy segment or more than double the $1.44 billion reported in the corresponding quarter of 2023, upon deploying a record <a href="https://www.benzinga.com/25/01/42780335/teslas-evergy-storage-deployements-rise-in-q4-even-as-vehicle-deliveries-disappoint">11.0 GWh of energy storage products</a> in the quarter. 
<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">Automotive revenue</a>, however, dipped 8% to $19.8 billion despite the company reporting a record 495,570 vehicle deliveries in the three months. This is likely because the company relied on cheap financing and discounts to surge deliveries in the period. 
Revenue from the energy segment accounted for about 12% of the company&#8217;s total revenue in the quarter, while the automotive segment accounted for 77%. The company reported quarterly <a href="https://www.benzinga.com/news/earnings/25/01/43321103/tesla-q4-earnings-highlights-revenue-miss-eps-miss-ev-updates-automaker-says-2025-will-be-a-seminal-year">total revenue</a> of $25.71 billion, missing a street consensus estimate of $27.26 billion.
Why It Matters: Tesla continues to be <a href="https://www.benzinga.com/news/24/10/41537560/teslas-energy-segment-boom-in-q3-sparks-leadership-changes-veteran-mike-snyder-promoted-as-vp">hopeful for its energy segment</a> for it said on Wednesday that it expects energy storage deployment to grow at least 50% year-over-year in 2025.
Tesla currently operates a Megafactory in Lathrop, California, capable of producing 10,000 Megapack units per year. The company is also building a Megafactory in Shanghai, which it expects to start shipping Megapacks in the first quarter of 2025. Musk on Wednesday also hinted that the company is looking to build a third factory for energy storage production.
The company manufactures Megapack, a powerful battery, in addition to its home battery, Powerwall. The company is also ramping up production of Powerwall 3, the latest iteration of the product.
However, Tesla noted that both the power wall and megapack continue to be supply-constrained as it opens to new markets.
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/25/01/43257819/tesla-got-over-70000-orders-for-new-model-y-in-china-in-five-days-report" target="_blank" rel="noreferrer noopener">Tesla's New Model Y Gets Over 70,000 Orders In 5 Days Of Launch In China Despite Costing 5% More Than Its Predecessor: Report</a></li>
</ul>
Photo courtesy: Shutterstock

Tech

TSLA

Tesla Expects 50% Surge In Energy Storage Deployments For 2025 After Segment Revenue Doubles In Q4

New BG22L delivers robust security and processing for common Bluetooth devices, while BG24L supports advanced AI/ML acceleration and Channel Sounding

SLAB

Silicon Labs Unveils BG22L & BG24L SoCs: Smarter, Low-Power Bluetooth For Everyday Devices

The meme coin segment gained momentum on Wednesday, riding high on a broader market rebound.
What happened: Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)-based Fartcoin spearheaded the rally, jumping more than 11% in the last 24 hours.&nbsp;
Fartcoin's trading volume surged 87% in the last 24 hours, signaling heavy demand for the frivolously named cryptocurrency.
Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)-based Floki lifted over 8%, erasing the losses since the start of the week. Similarly, frog-themed Pepe gained nearly 6% in the last 24 hours.
Solana-based Bonk also traded in the green, netting roughly 5% in returns to its investors.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 11:30 p.m. ET)</td>
</tr>
<tr>
<td>Fartcoin (FARTCOIN)</td>
<td>+11.20%</td>
<td>$0.9689</td>
</tr>
<tr>
<td>FLOKI (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">FLOKI</a>)</td>
<td>+8.69%</td>
<td>$0.0001256</td>
</tr>
<tr>
<td>Pepe (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>)</td>
<td>+5.95%</td>
<td>$0.00001281</td>
</tr>
<tr>
<td>Bonk (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">BONK</a>)</td>
<td>+4.92%</td>
<td>$0.0000255</td>
</tr>
</tbody>
</table>
</figure>
Meanwhile, President Donald Trump's meme coin, Official Trump (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>), recorded gains of 3.34%.
Meme heavyweights like Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) and Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) saw modest increases of 1.83% and 2%, respectively.
The total meme coin market capitalization grew by 1.65% to $92.29 billion in the last 24 hours, alongside a 3.94% volume increase.
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/markets/cryptocurrency/25/01/43294972/robinhood-ceo-vlad-tenev-pushes-for-tokenization-to-unlock-private-companies-like-spacex-and-openai-for-more-investors">Robinhood CEO Vlad Tenev Pushes For Tokenization To Unlock Private Companies Like SpaceX And OpenAI For More Investors</a>
The uptick helped holders recoup some losses from the <a href="https://www.benzinga.com/25/01/43220101/bitcoin-ethereum-dogecoin-plummet-alongside-stock-futures-amid-trumps-tariff-war-deepseek-hype-top-trader-predicts-bitcoins-upside-to-122000">trepidation caused earlier this week</a> due to China&#8217;s open-source AI model, DeepSeek.
Most meme coins were significantly down since the week began, aligning with the broader trend in the cryptocurrency market. 
Image via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43294030/polymarket-bets-turn-bullish-on-2025-dogecoin-etf-after-bitwise-move">Polymarket Bets Turn Bullish On 2025 Dogecoin ETF After Bitwise Move</a></li>
</ul>

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

Cryptocurrency

$BONK

$DOGE

$ETH

$FLOKI

$PEPE

$SHIB

$SOL

$TRUMP

Dogecoin, Shiba Inu Rebound  Overshadowed By Fartcoin, Pepe In Memecoin Rally

Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) CEO Mark Zuckerberg revealed ambitious plans for Llama 4, the company&#8217;s next-generation open-source artificial intelligence model, during Meta&#8217;s <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">fourth-quarter earnings</a> call on Tuesday. The announcement comes as tech giants race to develop more sophisticated AI agents capable of performing complex tasks.
What Happened: &#8220;Llama 4 will be natively multimodal &#8212; it&#8217;s an omni-model and will have agentic capabilities, so it&#8217;s going to be novel and it&#8217;s going to unlock a lot of new use cases,&#8221; Zuckerberg said during the call. The announcement follows OpenAI&#8217;s recent launch of its &#8220;Operator&#8221; AI agent, highlighting the industry&#8217;s shift toward <a href="https://www.benzinga.com/25/01/43186741/openai-debuts-operator-ai-agent-that-performs-web-tasks-but-early-error-has-sam-altman-scrambling-for-a-quick-fix">more autonomous AI systems</a>.
Zuckerberg expressed confidence that 2025 could be the year when Llama and open source become &#8220;the most advanced and widely used AI models.&#8221; He noted that Llama 4 mini has completed pre-training, while the reasoning models and larger versions are showing promising progress.
Meta&#8217;s push into agentic AI comes amid significant infrastructure investments, with the company planning a new 2-gigawatt AI data center. The facility, which Zuckerberg said would &#8220;cover a significant part of Manhattan,&#8221; underscores Meta&#8217;s commitment to advancing AI capabilities.
See Also: <a href="https://www.benzinga.com/markets/25/01/43325490/trump-slams-feds-terrible-job-on-bank-regulation-after-rate-hold-vows-to-unleash-lending-for-all-american-people">Trump Slams Fed&#8217;s &#8216;Terrible Job&#8217; On Bank Regulation After Rate Hold, Vows To &#8216;Unleash Lending For All American People&#8217;</a>
Why It Matters: The company&#8217;s current AI efforts are already showing traction, with Meta AI reaching 700 million monthly active users. Meta <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">reported strong fourth-quarter results</a> with revenue up 21% year-over-year to $48.4 billion, suggesting robust financial backing for its AI initiatives.
Zuckerberg emphasized the strategic importance of maintaining an American-led open-source AI standard, particularly in light of emerging competition from <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43304027/deepseek-selloff-is-a-correction-not-start-of-sustained-bear-market-goldman-sachs">Chinese AI companies</a> like DeepSeek. Meta plans to detail more of its Llama 4 strategy in the coming months. 
Price Action: Meta Platforms shares were up 2.29% in after-hours, trading at $692 on Wednesday, according to <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.
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Image Via Shutterstock 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Mark Zuckerberg Says Meta's Llama 4 To Feature 'Agentic Capabilities,' Unlocking New Use Cases: It Will Become One The Most 'Widely Used' AI Models

Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) CEO Satya Nadella has acknowledged the significant AI advancements made by China's DeepSeek. However, he did not confirm whether these innovations would lead to reduced AI costs.
What Happened: During the company's <a href="https://www.benzinga.com/news/earnings/25/01/43320124/microsoft-shares-slide-after-q2-results-cloud-revenue-misses-expectations-details">second-quarter earnings</a> call, Nadella responded to analyst Brent Thill&#8217;s inquiry about AI scaling and cost reduction.
He compared AI developments to the regular compute cycle, underscoring the role of Moore&#8217;s Law and AI scaling laws in driving software optimizations, which have led to a tenfold improvement per cycle.
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>
&#8220;I think DeepSeek has had some real innovations. And that is some of the things that even OpenAI found in &#8216;o1,&#8221; he stated, adding, &#8220;All gets commoditized and it&#8217;s going to get broadly used.&#8221;
He said that these software cycles benefit customers, as falling token and inference computing prices allow for increased consumption and more app development.
The CEO also pointed out the potential for running powerful AI models on PCs, which previously required substantial cloud infrastructure.
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 Matters: DeepSeek has said that it <a href="https://www.benzinga.com/25/01/43302340/deepseeks-ai-breakthrough-microsoft-poised-to-benefit-but-oracle-faces-cloud-growth-challenges">created its low-cost R1 model</a> in only two months with a $5.6 million investment using less-powerful Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) chips.
However, OpenAI has alleged that DeepSeek used its<a href="https://www.benzinga.com/25/01/43296041/openai-alleges-deepseek-used-proprietary-models-without-permission-as-microsoft-investigates-ai-security-risks"> proprietary models without permission</a>, raising concerns over intellectual property protection.
DeepSeek's $5.6 million investment number has also come under scrutiny. Wedbush analyst Dan Ives <a href="https://www.benzinga.com/tech/25/01/43296460/dan-ives-says-chinese-startup-deepseeks-6-million-ai-development-assertion-is-likely-a-fictional-story">called it "a fictional story."</a>
Microsoft&#8217;s quarterly revenue reached $69.6 billion, surpassing the analyst consensus estimate of $68.78 billion, but cloud revenue missed expectations, causing a slide in Microsoft shares.
Price Action: Microsoft stock dropped 4.63% in after-hours trading, settling at $421.85. During Wednesday&#8217;s regular trading hours, it closed at $442.33, reflecting a 1.09% decline, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Image via Shutterstock
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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.

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