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CALBEE (OTC:CLBEY) Stock, Option Chain

Calbee, listed in 2011, is a leader in Japan's snack food industry with nearly 54% of the domestic market. Potato snacks, including chips and the company's original Jagarico and Jagabee potato strips, are a core strength, demonstrated by a dominant 71% share in potato chips. Growth in the Frugra brand, the best-selling cereal product with a 38% share in the domestic cereal market, is the latest growth driver in China. The overseas business, constituting 16% of group sales, has been undergoing restructuring since the partnership with Tingyi and PepsiCo unwound. Apart from China and the U.S., Indonesia and the U.K. are emerging as new growth drivers. Easing competition should end losses in Indonesia while the integration of Calbee U.K. and Seabrook will enhance cost efficiencies.

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CALBEE Inc

The Kansas City region is currently dealing with one of the most significant tuberculosis outbreaks in U.S. history, as per health officials. Dozens of active cases have been reported, causing concern amongst the public and health authorities.
What Happened: The Kansas Department of Health and Environment has identified 67 active tuberculosis cases in Wyandotte and Johnson counties as of January 24. The outbreak, which started last year, is still under investigation, with the origin yet to be determined, reported Reuters.
The department is currently tracking 384 individuals for potential exposure to the disease, providing testing and treatment assistance. A spokesperson stated, &#8220;While&nbsp;this outbreak is larger than&nbsp;normal, the risk remains low&nbsp;for the general public.&#8221;
Tuberculosis, a disease spread through the air and caused by a bacterium, mainly affects the lungs but can also target other body parts like the brain. If left untreated, it can be deadly. The disease can stay dormant&nbsp;in the body for years&nbsp;without causing symptoms, known as latent TB.&nbsp;Since 2024, 79 latent infections&nbsp;have been reported&nbsp;in the Kansas City area.
Four staff members from the U.S. Centers for Disease Control and Prevention are helping with contact tracing, testing, screening, and health education in the community. According to a World Health Organization report, the U.S. recorded 8,649 cases of tuberculosis last year, surpassing COVID-19 as the top cause for infectious disease-related deaths in 2023.
See Also: <a href="https://www.benzinga.com/general/health-care/25/01/43257413/trumps-executive-order-leads-to-cdc-halting-collaboration-with-who-amid-h5n9-bird-flu-discovery-and-rfk-jrs-senate-hearings">Moderna, Pfizer Surge Amid CDC-WHO Split And Bird Flu; RFK Jr. Nomination Looms — A Recipe For The Perfect Storm?</a>
Why It Matters: The Trump administration recently ordered a halt to all communications from the <a href="https://www.benzinga.com/general/health-care/25/01/43194764/trump-administration-halts-all-communications-from-the-centers-for-disease-control-as-bird-flu-spreads">Centers for Disease Control and Prevention</a> due to the spread of bird flu. 
Furthermore, Robert F. Kennedy, Jr., President Donald Trump&#8217;s nominee to lead the Department of Health and Human Services, is currently <a href="https://www.benzinga.com/25/01/43306674/trumps-hhs-pick-robert-kennedy-jr-begins-senate-confirmation-hearings">undergoing Senate confirmation hearings</a>. His unorthodox views on vaccines and health policies are expected to be scrutinized during these hearings.
Furthermore, recently Trump <a href="https://www.benzinga.com/25/01/43125408/trump-signs-order-to-withdraw-us-from-who-again-cites-funding-governance-concerns">signed an executive order</a> intending to take the U.S. out of the WHO. The president cited the organization&#8217;s handling of the COVID-19 pandemic and its susceptibility to political influence as reasons behind the decision.
The president also signed a <a href="https://www.benzinga.com/25/01/43290381/trumps-federal-spending-freeze-puts-3-trillion-in-limbo-threatens-industries-like-clean-energy-defense-healthcare">spending freeze</a> which put $3 trillion of federal spending in limbo, a move that affected the healthcare sector. However, this move was <a href="https://www.benzinga.com/news/25/01/43322173/trumps-memo-freezing-federal-assistance-money-rescinded-by-another-memo-following-lawsuits">rescinded on Wednesday</a> following opposition and lawsuits.
Photo Courtesy: Komsan Loonprom On Shutterstock.com
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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>

Health Care

General

Kansas City Battles Major Tuberculosis Outbreak, 67 Active Cases, Hundreds Under Watch

On Wednesday, Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) said it has agreed to a $25 million settlement with President Donald Trump over his suspension from Facebook and Instagram following <a href="https://www.benzinga.com/news/25/01/43088148/trump-pardons-1500-jan-6-defendants-including-key-proud-boys-figures-after-bidens-final-hour-clemency">the Jan. 6 Capitol riot</a>.
What Happened: During the <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">company's fourth-quarter</a> investor call, Meta CEO Mark Zuckerberg expressed support for the Trump administration highlighting its role in defending American tech values, <a href="https://www.nytimes.com/2025/01/29/technology/meta-trump-lawsuit-settlement.html">reported</a> the New York Times.
&nbsp;&#8220;This is going to be a big year for redefining our relationships with governments,&#8221; Zuckerberg stated.
See Also: <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">Google Reclassifies US As &#8216;Sensitive Country&#8217; Just Like China And Russia After Trump&#8217;s &#8216;Gulf Of America&#8217; Move</a>
Trump&#8217;s lawsuit, initiated in 2021, accused Meta and other tech companies of wrongful censorship. The settlement allocates $22 million for Trump&#8217;s presidential library and $3 million for legal fees and other plaintiffs.
Meta does not admit any wrongdoing as part of the agreement.
Why It Matters: Meta reported fourth-quarter revenue of $48.39 billion, surpassing <a href="https://www.benzinga.com/calendars/earnings">analyst projections</a> of $47.03 billion. The company also reported earnings of $8.02 per share for the quarter, exceeding the expected $6.77 per share.
Earlier it was reported that Zuckerberg is considering purchasing property in Washington, D.C., as part of a strategy to <a href="https://www.benzinga.com/25/01/43296858/mark-zuckerberg-reportedly-explores-buying-property-in-washington-dc-as-meta-ceo-looks-to-work-closely-with-trump">work closely with the Trump</a> administration.
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.
Since the start of the year, companies such as Meta, TikTok, and Amazon have adjusted their products and policies to reflect Trump&#8217;s political views, directives, and executive decisions.
Meta&#8217;s content moderation changes have also <a href="https://www.benzinga.com/25/01/42960291/metas-content-moderation-changes-alarm-advertisers-as-zuckerberg-aligns-with-trump-and-musk">sparked concerns among advertisers</a>.&nbsp;
Other major corporations, such as Target and McDonald&#8217;s, have also made significant <a href="https://www.benzinga.com/news/25/01/43214683/target-ends-dei-program-following-trumps-call-to-eliminate-illegal-preferences-expert-calls-it-brand-suicide-for-retail-giant-with-diverse-customer-base">policy shifts</a> in response to the Trump administration&#8217;s stance on <a href="https://www.benzinga.com/markets/equities/25/01/42835400/mcdonalds-scales-back-diversity-initiatives-amid-conservative-pressure-cites-shifting-legal-landscape">diversity, equity, and inclusion</a> initiatives.
Price Action: Meta&#8217;s stock experienced a notable 2.29% rise in after-hours trading, reaching $692. Earlier in the day, it closed at $676.49, reflecting a 0.32% gain, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Image via 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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<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.

Legal

Tech

Media

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'

President Donald Trump criticized the Federal Reserve&#8217;s handling of inflation and banking regulation on Wednesday, following the central bank&#8217;s decision to hold interest rates <a href="https://www.benzinga.com/25/01/43316048/fed-holds-interest-rates-steady-halts-streak-of-consecutive-cuts-as-inflation-remains-elevated">steady at 4.25%-4.5%</a>.
What Happened: In a Truth Social post, Trump pledged to combat inflation through expanded energy production and regulatory cuts if elected, while denouncing the Fed&#8217;s focus on climate initiatives and diversity programs. 
His comments came just hours after the Federal Open Market Committee maintained rates and ended its streak of three consecutive cuts that began in September.
&#8220;The Fed has done a terrible job on Bank Regulation,&#8221; Trump wrote, promising that his administration would &#8220;unleash lending for all American people and businesses&#8221; through Treasury-led regulatory reforms.
<figure class="wp-block-image aligncenter size-large is-resized"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/29200623/Screenshot-2025-01-30-at-6.35.30%E2%80%AFAM-1024x773.png" alt="" class="wp-image-757028" style="width:472px;height:auto" /></figure>
The Fed&#8217;s latest policy statement noted that while inflation has moved <a href="https://www.benzinga.com/25/01/43316048/fed-holds-interest-rates-steady-halts-streak-of-consecutive-cuts-as-inflation-remains-elevated">closer to its 2% target</a>, it &#8220;remains somewhat elevated.&#8221; This marks a slight shift from December&#8217;s more optimistic tone about inflation progress, according to multiple economists.
See Also: <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">Tesla Q4 Earnings Highlights: Revenue Miss, EPS Miss, EV Updates, Automaker Says &#8216;2025 Will Be A Seminal Year&#8217;</a>
Why It Matters: Bill Adams, chief economist for Comerica Bank, suggested the Fed&#8217;s cautious stance might reflect concerns about potential inflationary pressures from proposed <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">Trump administration policies</a>, including higher tariffs and stricter immigration controls.
Markets showed mixed reactions to the Fed&#8217;s announcement. 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, while the U.S. dollar index strengthened modestly. Treasury yields edged higher, with the policy-sensitive two-year yield rising 3 basis points to 4.24%.
Fed Chair Jerome Powell <a href="https://www.benzinga.com/economics/macro-economic-events/25/01/43318325/a-different-powell-emerges-fed-chair-softens-hawkish-tone-on-interest-rates-bitcoin">sidestepped questions about Trump&#8217;s criticism</a> during his press conference, stating &#8220;It&#8217;s not appropriate for me to comment on what the president said.&#8221; Powell emphasized that the Fed isn&#8217;t rushing to adjust rates, noting that recent inflation readings have shown encouraging progress.
Market expectations for <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">future rate cuts have shifted</a>, with investors now pricing in a 30% probability of a March cut, rising to 45% for June. Joseph Brusuelas, RSM&#8216;s chief economist, projects two quarter-point cuts this year, likely in June and December, though he emphasized these moves would depend heavily on incoming economic data.
Read Next: 
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<li><a href="https://www.benzinga.com/news/earnings/25/01/43320124/microsoft-shares-slide-after-q2-results-cloud-revenue-misses-expectations-details">Microsoft Shares Slide After Q2 Results, Cloud Revenue Misses Expectations: Details</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

Trump Slams Fed's 'Terrible Job' On Bank Regulation After Rate Hold, Vows To 'Unleash Lending For All American People'

Electric vehicle behemoth Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) reported an unrealized gain of $600 million on its cryptocurrency holdings in the fourth quarter.
What happened: Tesla&#8217;s balance sheet showed $1.07 billion in digital assets, up from $184 million from the last several quarters, according to the company&#8217;s <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">earnings report </a>released Wednesday after the market close.
The company also reported a mark-to-market gain of $600 million on digital assets in the fourth quarter. For context, this was 26% of the total income made by the Elon Musk-led firm in the quarter.
Note that Tesla doesn't provide a breakdown of its digital holdings. However, on-chain analytics firms have indicated that the entirety of their stockpile consists of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>).&nbsp;
At the time of writing, Tesla held 11,509 BTC on its books, <a href="https://intel.arkm.com/explorer/entity/tesla">according </a>to Arkham Intelligence, unchanged from last quarter. Tesla is the fourth-largest public company with Bitcoin on its balance sheet behind MicroStrategy, Marathon Digital Holdings, and Galaxy Digital Holdings, according to Coingecko data.
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>
Why It Matters: The inflated value follows the <a href="https://www.benzinga.com/24/12/42502213/new-crypto-accounting-standards-from-todaywill-it-boost-bitcoins-corporate-adoption">new accounting standard for cryptocurrencies</a>, enabling firms to report their holdings at market value and include them in the company's net income.&nbsp;
Before the mark-to-market standards, companies had to account for impairment charges, accounting for only the unrealized losses but not the gains.
Tesla&#8217;s Bitcoin journey began in January 2021, when it first acquired $1.5 billion worth of the leading cryptocurrency.&nbsp;
Tesla reported lower-than-expected fourth-quarter revenue of $25.71 billion, up 2% year-over-year.
Price Action: At the time of writing, Bitcoin was exchanging hands at $103,969.15, up 2.13% 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>.
Shares of Tesla were up 4.15% in after-hours trading after closing down 2.26% at 389.10 during Wednesday's regular trading session.
Photo by Rcc_Btn on Shutterstock
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Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

TSLA

Elon Musk's Tesla Records $600 Million In Paper Gains On Bitcoin In Q4 Thanks To New Accounting Rule

<a href="https://www.benzinga.com/real-estate/25/01/43216817/larry-ellison-sean-hannity-and-now-a-285m-mansion-floridas-billionaire-playground-manalapans-star-power-grows">Larry Ellison</a>, the Oracle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) co-founder and one of the richest people on the planet, watched $22.6 billion disappear in a single day on January 27—and he didn't even have to lift a finger. The selloff was brutal, wiping out 12% of his fortune, all because of an AI startup that barely existed two years ago.
But Ellison wasn&#8217;t alone in feeling the sting. In fact, another tech titan took an even bigger hit. Jensen Huang, the co-founder of Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), saw his fortune plummet by a massive $20.1 billion—a drop that set a new record for the "biggest single-day loss of value for any public company in history," according to Forbes.&nbsp;
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</ul>
DeepSeek's AI Breakthrough Sparked a Market Panic
The chaos started when DeepSeek, a Chinese AI company, launched its DeepSeek R1 chatbot—a model that suddenly had everyone questioning whether Silicon Valley's AI dominance was as untouchable as it seemed.
Here's why: DeepSeek's AI is open-source, meaning developers can inspect and tweak it freely. The open-source nature of DeepSeek&#8217;s model could radically transform the AI ecosystem.&nbsp;
More importantly, it reportedly cost them only $5.6 million to develop—a fraction of the billions being dumped into AI by U.S. tech giants like OpenAI, Google, and, of course, Oracle.&nbsp;&nbsp;
The result? A massive selloff in AI-heavy stocks. Oracle, Nvidia, and Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) all took a hit, but Ellison was the day's biggest loser.
Trending: Built on the trusted network of Fortune 500 companies, <a href="https://www.benzinga.com/money/web3-enabler-the-most-boring-blockchain-company-partners-with-salesforce">this blockchain company partners with Salesforce to uproot lengthy and expensive B2B transactions, and you can invest with just $100.</a>
Some Billionaires Came Out on Top
Not everyone suffered. While Ellison and Huang lost billions, Mark Zuckerberg walked away $4.3 billion richer, and Jeff Bezos pocketed an extra $632 million. The market doesn't play favorites—it just rewards whoever's on the right side of the trade.
The Market Rebounded—But This Isn't Over
On January 28, stocks like Nvidia and Oracle started climbing back. Nvidia jumped nearly 9%. Forbes said in an article, "Nvidia's Tuesday bounce became the second best day for any stock ever in terms of market value added." Oracle gained 3.6%, and investors took a deep breath. But this wasn't just another market dip—it was a wake-up call.
DeepSeek's rise proves that the AI race isn't just about who spends the most money. A tiny startup just sent the biggest names in tech scrambling—and it could be anyone next. As <a href="https://www.benzinga.com/general/24/04/38073344/mark-cuban-predicts-worlds-first-trillionaire-wont-be-musk-or-bezos-itll-be-someone-who-masters-ai-a">Mark Cuban famously predicted</a>, the world's first trillionaire will be the person who creates AI in a way we've never imagined before. DeepSeek's sudden dominance shows just how real that possibility is. A company that didn't exist two years ago just shook up Silicon Valley, proving that game-changing AI doesn't have to come from the usual suspects.
As for Larry Ellison? He's <a href="https://www.benzinga.com/real-estate/25/01/43009727/oracles-larry-ellison-has-just-bought-a-london-townhouse-for-202-million-to-add-to-his-global-property-portfolio">still a billionaire</a> several times over, and this loss probably won't keep him up at night. Forbes reports his real-time net worth at $206.6 billion on January 29. But regardless of his climb back to the 4th place spot in the billionaire ranking, Silicon Valley just got a reality check — and it came from China.
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MSFT

NVDA

ORCL

Larry Ellison, Oracle Co-Founder And One Of Richest Men In The World, Saw His Net Worth Dip $22.6 Billion In One Day Due To DeepSeek Selloff

Back in 2023, YouTube megastar MrBeast—real name Jimmy Donaldson—found himself at the center of a heated debate after <a href="https://www.benzinga.com/news/23/01/30647448/mrbeasts-1-001-acts-of-charity-the-gift-of-sight-and-a-new-tesla-for-1-teenager">releasing a video</a> in which he paid for 1,000 blind people to have life-changing surgery.
While many praised his generosity, others criticized him for turning philanthropy into content.
At the time, MrBeast defended his actions, stating, "I promise to give away all my money before I die. Every single penny."
<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">Twitter &#8211; Rich people should help others with their money Me &#8211; Okay, I'll use my money to help people and I promise to give away all my money before I die. Every single penny. Twitter &#8211; MrBeast bad
&mdash; MrBeast (@MrBeast) <a href="https://twitter.com/MrBeast/status/1620195967008907264?ref_src=twsrc%5Etfw">January 30, 2023</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/tech/24/12/42735755/mrbeasts-daring-new-challenge-live-in-a-jet-for-100-days-and-then-keep-it-are-you-game">MrBeast&#8217;s Daring New Challenge: Live In A Jet For 100 Days And Then Keep It — Are You Game?</a>
In 2019 he also made similar statements. &#8220;I know most people prob won't believe this but my main goal in life is to just make a bunch of money, and then give it all away while doing as much good as possible before I die.&#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">I know most people prob won't believe this but my main goal in life is to just make a bunch of money, and then give it all away while doing as much good as possible before I die. I just don't want to live a meaningless life, I want to make an impact and be content when I'm older!
&mdash; MrBeast (@MrBeast) <a href="https://twitter.com/MrBeast/status/1203937066322681856?ref_src=twsrc%5Etfw">December 9, 2019</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
From YouTube Creator To Billionaire
Fast forward to today, and MrBeast has officially joined the billionaire ranks. His massive empire—spanning YouTube, merchandise, food brands, and soon, an Amazon streaming deal—has propelled his net worth to $1 billion, <a href="https://www.celebritynetworth.com/richest-businessmen/producers/jimmy-donaldson-aka-mrbeast-net-worth/">according</a> to Celebrity Net Worth.
However, Forbes estimates his <a href="https://www.forbes.com/profile/mrbeast/">fortune</a> at $85 million. Leaked financial documents from his legal battle with MrBeast Burgers suggest otherwise. A 2024 court case revealed that MrBeast's businesses generated $223 million in revenue in 2023 and were on track for $700 million in 2024.
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The Business Behind The Billionaire
MrBeast's success is not just about viral videos. His empire includes:
YouTube Channels: More than 500 million followers across various channels, with over 352 million subscribers on his main channel alone.
Merchandise and Sponsorships: Millions in revenue from branded merchandise and partnerships with companies like Microsoft and Walmart.
Beast Philanthropy: A nonprofit initiative that funds large-scale charitable projects.
Streaming Expansion: A reported <a href="https://www.benzinga.com/general/entertainment/24/01/36742104/from-amazons-100m-to-chocolate-snacks-a-look-at-mrbeasts-most-profitable-deals">$100 million deal</a> with Amazon to produce an exclusive series, further expanding his reach.
A Self-Made Billionaire Who Still Plans To Give It All Away
Unlike many ultra-wealthy individuals who inherited their fortunes, MrBeast built his empire from scratch—starting as a teenager making gaming videos on YouTube.
Born on May 7, 1998, in Greenville, North Carolina, Donaldson launched his channel under the name &#8220;MrBeast6000&#8221; at the age of just 12.
Then came his big break in 2017: a video where he counted to 100,000—yes, out loud, for 44 straight hours. That mind-boggling feat racked up over 21 million views, proving that sometimes, the internet just loves watching people do absurdly difficult things.
But he didn't stop there. MrBeast went bigger and crazier—counting to 200,000, reading the entire dictionary, reciting the entire Bee Movie script, taking an Uber across America, saying &#8220;Logan Paul&#8221; 100,000 times, and even torturing himself by watching Jake Paul's &#8220;It's Everyday Bro&#8221; on repeat for 10 excruciating hours.
With a billion-dollar empire, MrBeast is now expanding into television, gaming, and global-scale philanthropy. As he continues to balance entertainment with generosity, his rise raises important questions about wealth, charity, and the role of digital creators in shaping the world.
Photo by Joe Seer on 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.

MrBeast's Net Worth Hits $1 Billion—But In 2023, He Promised To 'Give Away' All His Money. What Drives The YouTuber's Philanthropy?

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Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

BLRX

ACON

ACONW

Outlook
Our expected production guidance for 2025 is approximately 7.5 million tonnes (Methanex interest), which excludes any incremental production from OCI assets post-acquisition closing date. In 2025, production will be impacted by three turnarounds occurring in the first three quarters of 2025. Actual production may vary by quarter based on gas availability, turnarounds, unplanned outages and unanticipated events.
In the first quarter of 2025, we expect significantly higher Adjusted EBITDA compared to the fourth quarter, with produced sales expected to be closer to production levels in the fourth quarter of 2024, and a higher average realized price. Based on our January and February posted prices we expect that our average realized price range will be between approximately $395 to $405 per tonne for these two months.

Guidance

MEOH

Methanex Projects ~7.5M Tonnes Production For 2025, OCI Acquisition Impact Excluded; Expects Higher Adjusted EBITDA Compared To Q4, With Produced Sales Expected To Be Closer To Production Levels In Q4 2024, And A Higher Average Realized Price; Says Based On January And February Posted Prices, Expect Average Realized Price Range Will Be Between ~$395-$405/Tonne For These Two Months

Methanex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEOH#NASDAQ">MEOH</a>) reported quarterly earnings of $1.24 per share which beat the analyst consensus estimate of $1.08 by 14.81 percent. This is a 138.46 percent increase over earnings of $0.52 per share from the same period last year. The company reported quarterly sales of $949.00 million which missed the analyst consensus estimate of $1.00 billion by 5.53 percent. This is a 2.93 percent increase over sales of $922.00 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Methanex Q4 Adj $1.24 Beats $1.08 Estimate, Sales $949.00M Miss $1.00B Estimate

2025 FINANCIAL OUTLOOK
WM&#39;s 2025 outlook includes a significant step change in revenue and earnings driven by continued growth in the solid waste business, the addition of WM Healthcare Solutions, and increased contributions from sustainability growth investments.
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">
Projected Results
(in millions)
</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">
Projected Year-Over-Year Change
at Midpoint
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Revenue</td>
<td colspan="1" rowspan="1">$25,550 - $25,800</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">Growth of 16.4%, including 5.7% organic growth and 10.7% acquisition growth</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Adjusted operating EBITDA(a)</td>
<td colspan="1" rowspan="1">$7,450 - $7,650</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">Growth of 15.0%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Adjusted operating EBITDA margin(a)</td>
<td colspan="1" rowspan="1">29.2% - 29.7%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">WM Legacy Business expected to achieve 30.7% and WM Healthcare Solutions expected to achieve 17.6%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Capital to support the business</td>
<td colspan="1" rowspan="1">$2,575 - $2,625</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">Includes a $140 million increase from WM Legacy Business and a $180 million increase from WM Healthcare Solutions(f)</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Sustainability growth capital</td>
<td colspan="1" rowspan="1">$600 - $650</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">Reduction of $325 million</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Free cash flow(a)</td>
<td colspan="1" rowspan="1">$2,675 - $2,775</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">Growth of 17.6%</td>
</tr>
</tbody>
</table>
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">2024 Adjusted Operating EBITDA(a)</td>
<td colspan="1" rowspan="1">$6,563</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Growth at Midpoint</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Collection and Disposal</td>
<td colspan="1" rowspan="1">500</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Recycling Processing and Sales</td>
<td colspan="1" rowspan="1">90</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">WM Renewable Energy</td>
<td colspan="1" rowspan="1">60</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">WM Healthcare Solutions</td>
<td colspan="1" rowspan="1">400</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Corporate and Other</td>
<td colspan="1" rowspan="1">(63)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">2025 Adjusted Operating EBITDA Midpoint(a)</td>
<td colspan="1" rowspan="1">$7,550</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
</tbody>
</table>
Collection and Disposal
<ul>
<li>Strong growth in the Collection and Disposal business is expected to be driven by disciplined pricing and continued cost optimization. Revenue growth outlook is based upon core price in 2025 of between 5.8% and 6.2%, yield of between 4.0% and 4.2%, and volumes between 0.25% and 0.75%.</li>
<li>Rollover from solid waste acquisitions is expected to contribute $150 million of revenue and $35 million of adjusted operating EBITDA.(a)</li>
</ul>
Sustainability Businesses
<ul>
<li>Growth in the Company&#39;s sustainability businesses is expected to be driven by increased contributions from growth projects, partially offset by lower commodity prices.</li>
<li>The outlook includes a blended average single-stream recycled commodity price of approximately $85 per ton. The Company estimates that a $10 per ton change in the blended average single-stream commodity price impacts total Company operating EBITDA by approximately $25 million.(g)</li>
<li>About 50% of the Company&#39;s renewable natural gas expected to be sold in 2025 has already been contracted at a blended average price of $28.80 per MMBtu. The Company&#39;s current sensitivity to a $0.25 change in the value of Renewable Fuel Standard credits is approximately $15 million of operating EBITDA.(h)</li>
</ul>
WM Healthcare Solutions
<ul>
<li>The WM Healthcare Solutions business is expected to grow about 9% before synergies in 2025 driven by organic revenue growth and operations initiatives, including fleet and asset network optimization.</li>
<li>The integration of the business is expected to generate up to $100 million from synergies in 2025.</li>
<li>The Company now expects to achieve synergies from the acquisition of $250 million, double its original estimate. The Company expects to achieve this run-rate in 2027.</li>
</ul>
WM&#39;s strong balance sheet and cash flow growth outlook position the Company to continue its commitment to sound capital allocation. The Company&#39;s outlook includes $100 to $200 million of investment in solid waste acquisitions and estimated annual dividends paid to shareholders of $1.3 billion. The Board of Directors has indicated its intention to increase the annual dividend by $0.30 per share to $3.30 in 2025, though all future dividends must be declared by the Board. As previously announced, the Company has temporarily suspended share repurchases reflecting the Company&#39;s commitment to return to targeted leverage levels. By the end of 2025, the Company expects its leverage to be approximately 3.1 times.
SUSTAINABILITY GROWTH OUTLOOK
WM is progressing its sustainability growth portfolio and remains committed to investing in an industry-leading network of renewable natural gas projects and recycling assets. The renewable natural gas projects have a projected payback period of about three years and the recycling assets have a projected payback period of about six years. These anticipated returns reflect the Company&#39;s views that these investments create strong economic value, in addition to underlying environmental value. The Company is providing an updated outlook for the capital expenditures and total adjusted operating EBITDA contributions from the projects for the next three years.
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">(in millions)</td>
<td colspan="1" rowspan="1">2024</td>
<td colspan="1" rowspan="1">2025</td>
<td colspan="1" rowspan="1">2026</td>
<td colspan="1" rowspan="1">2027</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Capital Expenditures</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Recycling Automation and Growth Projects</td>
<td colspan="1" rowspan="1">$443</td>
<td colspan="1" rowspan="1">$180 - $200</td>
<td colspan="1" rowspan="1">$65 - $85</td>
<td colspan="1" rowspan="1">-</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Renewable Natural Gas Growth Projects</td>
<td colspan="1" rowspan="1">$507</td>
<td colspan="1" rowspan="1">$420 - $450</td>
<td colspan="1" rowspan="1">$55 - $85</td>
<td colspan="1" rowspan="1">-</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Total Sustainability Growth Capital</td>
<td colspan="1" rowspan="1">$950</td>
<td colspan="1" rowspan="1">$600 - $650</td>
<td colspan="1" rowspan="1">$120 - $170</td>
<td colspan="1" rowspan="1">-</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Operating EBITDA</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Recycling Automation and Growth Projects</td>
<td colspan="1" rowspan="1">$53</td>
<td colspan="1" rowspan="1">$120 - $130</td>
<td colspan="1" rowspan="1">$250 - $260</td>
<td colspan="1" rowspan="1">$290 - $300</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Renewable Natural Gas Growth Projects</td>
<td colspan="1" rowspan="1">$39</td>
<td colspan="1" rowspan="1">$150 - $160</td>
<td colspan="1" rowspan="1">$350 - $380</td>
<td colspan="1" rowspan="1">$470 - $500</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Sustainability Growth Operating EBITDA(e)</td>
<td colspan="1" rowspan="1">$92</td>
<td colspan="1" rowspan="1">$270 - $290</td>
<td colspan="1" rowspan="1">$600 - $640</td>
<td colspan="1" rowspan="1">$760 - $800</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td colspan="5" rowspan="1">2025 projections are based on commodity price assumptions consistent with the Company&#39;s 2025 outlook for a single-stream recycled commodity price of $85 per ton and for a blended average renewable natural gas value of $29.50 per MMBtu. 2026 and 2027 projections are based on a single-stream recycled commodity price of $125 per ton and a blended average renewable natural gas value of $26 per MMBtu, which were the commodity prices used to substantiate our investment case and project earnings. Commodity price variability can impact actual results.</td>
</tr>
<tr>
<td colspan="5" rowspan="1">&nbsp;</td>
</tr>
</tbody>
</table>
WM is planning to host an investor day in New York City on June 24, 2025, to discuss the Company&#39;s long-term vision and growth strategies across the business. Additional information about the event will be provided in the coming months.
Fish concluded, &quot;Our outstanding performance in 2024 underscores our dedication to excellence, sustainability, and innovation. Through the hard work of our team, we&#39;ve achieved significant growth and are set for continued success. In 2025, we are focused on advancing the growth of our solid waste and sustainability businesses while also optimizing and growing the WM Healthcare Solutions business, which further strengthens our capabilities as the largest environmental services provider in North America. With a solid foundation and a clear vision, we are confident WM is positioned to achieve our targets for the year.&quot;
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">(a)</td>
<td colspan="1" rowspan="1">The information labeled as adjusted in this press release, as well as free cash flow, are non-GAAP measures. Please see &quot;Non-GAAP Financial Measures&quot; below and the reconciliations in the accompanying schedules for more information.</td>
</tr>
<tr>
<td colspan="1" rowspan="1">(b)</td>
<td colspan="1" rowspan="1">Management defines operating EBITDA as GAAP income from operations before depreciation and amortization; this measure may not be comparable to similarly titled measures reported by other companies.</td>
</tr>
<tr>
<td colspan="1" rowspan="1">(c)</td>
<td colspan="1" rowspan="1">For purposes of this press release, all references to &quot;Net income&quot; refer to the financial statement line item &quot;Net income attributable to Waste Management, Inc.&quot;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">(d)</td>
<td colspan="1" rowspan="1">Core price is a performance metric used by management to evaluate the effectiveness of our pricing strategies; it is not derived from our financial statements and may not be comparable to measures presented by other companies. Core price is based on certain historical assumptions, which may differ from actual results, to allow for comparability between reporting periods and to reveal trends in results over time.</td>
</tr>
<tr>
<td colspan="1" rowspan="1">(e)</td>
<td colspan="1" rowspan="1">The Company&#39;s blended average price received for single stream recycled commodities sold during the quarter was about $87 per ton compared to about $75 per ton in the prior year period, and $92 per ton for the full year compared to $62 per ton in the prior year period. The blended average price for renewable natural gas sold in 2024 was about $31 per MMBtu. The average price received for Renewable Fuel Standard credits was $3.02 during the quarter compared to $2.77 in the prior year period, and $3.05 for the full year compared to $2.45 in the prior year period. The average price received for natural gas was $2.30 per MMBtu during the quarter compared to $1.87 per MMBtu in the prior year period and $1.99 for the full year, compared to $2.07 in the prior year period. The average price received for electricity was about $65 per megawatt hour in the quarter compared to about $62 per megawatt hour in the prior year period and $63 per megawatt hour for the full year, compared to $64 in the prior year period.</td>
</tr>
<tr>
<td colspan="1" rowspan="1">(f)</td>
<td colspan="1" rowspan="1">Management defines WM Legacy Business as total Company GAAP results excluding the WM Healthcare Solutions segment and net of intercompany eliminations.</td>
</tr>
<tr>
<td colspan="1" rowspan="1">(g)</td>
<td colspan="1" rowspan="1">At the midpoint of the outlook, adjusted operating EBITDA contributions from renewable energy and recycling growth projects are expected to total approximately $280 million in the year, providing year-over-year growth of about $190 million.(a) The difference between sustainability growth contributions and segment growth in the year is related to the royalty that the WM Renewable Energy business allocates to the landfills as well as headwinds in the base renewable energy business, primarily from lower contributions from renewable electricity facilities and the Company&#39;s third-party renewable fuel program.</td>
</tr>
<tr>
<td colspan="1" rowspan="1">(h)</td>
<td colspan="1" rowspan="1">The Company expects to generate between 11 and 12 million MMBtu of renewable natural gas in 2025 and plans to sell between 10 and 11 million MMBtu in 2025. The Company projects that the renewable natural gas to be sold at market rates in 2025 will be sold at an average Renewable Fuel Standard credit price of $2.40 and an average natural gas price of $2.20 per MMBtu for an expected total value of $30.25 per MMBtu.</td>
</tr>
</tbody>
</table>

Waste Management Sees FY25 Revenue $25.55B-$25.80B Vs $25.69B Est., Sees Growth Of 16.4%, Including 5.7% Organic Growth And 10.7% Acquisition Growth

Waste Management (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WM#NYSE">WM</a>) reported quarterly earnings of $1.70 per share which missed the analyst consensus estimate of $1.79 by 5.03 percent. This is a 2.3 percent decrease over earnings of $1.74 per share from the same period last year. The company reported quarterly sales of $5.89 billion which beat the analyst consensus estimate of $5.77 billion by 2.17 percent. This is a 12.96 percent increase over sales of $5.22 billion the same period last year.

Waste Management Q4 Adj $1.70 Misses $1.79 Estimate, Sales $5.89B Beat $5.77B Estimate

Daymond John, the savvy investor and "<a href="https://www.benzinga.com/startups/25/01/43084861/mark-cubans-29-million-shark-tank-portfolio-from-200k-in-dude-wipes-to-200m-for-beatbox-beverages-im-killing-it">Shark Tank</a>" judge, knows a thing or two about rewriting the rules of entrepreneurship. While the business world often celebrates bold leaps of faith, John says success is less about jumping in headfirst and more about testing the waters.
According to the official FUBU website, the brand was cofounded in 1992 by four friends from Hollis, Queens: Daymond John, J. Alexander Martin, Keith Perrin and Carl Brown. They aimed to create a line of sportswear made by the people who wore it – embodying the &#8220;For Us, By Us&#8221; philosophy.&nbsp;
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<li>‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. <a href="https://www.benzinga.com/money/mode-mobile-2">You can invest today for just $0.26/share with a $1000 minimum.</a></li>
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Daymond John initiated the idea for FUBU and, with his mother&#8217;s support, began producing clothing items. He later recruited his friends Keith Perrin, J. Alexander Martin and Carl Brown to grow the business.
FUBU started humbly – right out of John's mother's house in Queens, New York – with a mere $40 gamble. "I didn't start with a leap," John told Truckload Authority. "I bought some material and made a bunch of hats. I went out on the street to see if I could sell them. That's not a leap – it was a small, affordable step."
That small step eventually turned into a multi-billion-dollar brand, but not without some serious hustle. According to John, his mother was instrumental in FUBU's growth, putting up $100,000 from her mortgage to help the brand expand.&nbsp;
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Still, John didn't quit his day job. For five or six years, he worked as a server at Red Lobster while pouring every spare moment into his business. "Working at Red Lobster taught me about the ability to sell and the value of being very meticulous," John told Fortune.&nbsp;
"The job taught me how to treat people, how management works and how you can enter into a large organization. 95% of people don't care. And the 5% that care, they can move their way up the ladder."
FUBU's big break came when John's childhood friend and neighbor, LL Cool J, started wearing the brand in music videos and advertisements. The rapper's casual endorsements created a buzz that catapulted the brand into the spotlight.&nbsp;
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By 1998, FUBU had $350 million in annual sales, which shows the power of grassroots marketing.
Fast forward to today, and FUBU has racked up more than $6 billion in global sales, according to John's official website. However, for John, success isn't just about money. He's quick to debunk the age-old myth that "it takes money to make money."
"Literally nothing can be further from the truth," he said in an interview with Fortune. "Why would 65% of athletes and lotto winners go bankrupt three years after leaving the league or winning the lotto? Why are the top 1,000 wealthiest people in the world self-made men and women?"
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Instead, John points to creativity and community as the real keys to building something lasting. From his mom's belief in his vision to his team's relentless hustle and LL Cool J's organic support, John's journey has always been about collaboration.&nbsp;
The numbers agree. Research from LinkedIn shows that 80% of professional success is linked to networking. "If you needed money to make money, well then, we can call Kodak, Blockbuster, BlackBerry, Red Lobster and Fridays to see how that's working out for them," John quipped.
Currently, 20% of <a href="https://www.benzinga.com/startups/24/12/42345978/from-100-days-to-4-5m-annually-how-a-coffee-cart-saved-their-business-wed-never-seen-100000-in-a-bank-account-before">small businesses </a>fail in their first year, according to the U.S. Bureau of Labor Statistics. For instance, establishments born in 2001 and 2008 – years marked by recessions – experienced some of the lowest 1-year survival rates. John's story is more than just a rags-to-riches tale; it's a blueprint for anyone looking to beat the odds.
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<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!</a></li>
<li>Built on the trusted network of Fortune 500 companies, <a href="https://www.benzinga.com/money/web3-enabler-the-most-boring-blockchain-company-partners-with-salesforce">this blockchain company partners with Salesforce to uproot lengthy and expensive B2B transactions, and you can invest with just $100.</a></li>
</ul>

Startups

Daymond John's $40 Gamble Turned Into A $6 Billion Global Brand: 'Entrepreneurship Isn't All Or Nothing'

Alterity Therapeutics Limited - American Depositary Shares

ATHE

Trading Halt: Halt status updated at 6:55:00 PM ET: Quotation Resumption: News and Resumption Times

Chubb Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CB#NYSE">CB</a>), one of the largest domestic property and casualty insurers, held its fourth-quarter earnings call on Wednesday and addressed the future financial impacts resulting from the <a href="https://www.benzinga.com/news/earnings/25/01/43168966/la-wildfire-update-hughes-fire-burns-10000-acres-travelers-insurance-says-fires-will-have-material-impact-on-q1-earnings">recent California wildfires. </a>
The Details: Chubb CEO Evan Greenberg opened the call by expressing his condolences to the wildfire victims and gratitude to the first responders.&nbsp;
"We&#8217;re doing all we can in small and big ways to ease their burden. Our thoughts are with those who have suffered, and our gratitude goes to those firefighters and emergency workers who served tirelessly," Greenberg said.&nbsp;
Read Next: <a href="https://www.benzinga.com/25/01/43306674/trumps-hhs-pick-robert-kennedy-jr-begins-senate-confirmation-hearings">Robert Kennedy Jr. Faces Senate Confirmation Hearings As Bird Flu Concerns Grow: Caroline Kennedy Says Cousin &#8216;Predator&#8217; Unfit For Office&nbsp;</a>
The Chubb CEO then estimated losses from the wildfire catastrophe at $1.5 billion net pre-tax to be recognized in the first quarter.&nbsp;
Piper Sandler analyst Paul Newsome said that given Chubb's exposure to the high net worth area that was affected, investors will likely see Chubb's current loss estimate as in-line or less than what they had expected.&nbsp;
BofA Securities analysts had <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43068088/allstate-chubb-progressive-face-significant-losses-from-wildfires-weather-events-say-analysts-ahead-of-q4-reports">previously projected </a>$1.3 billion in first-quarter catastrophe losses resulting from the wildfires. Chubb's current estimate exceeds that figure by $200 million.&nbsp;
Chubb's CEO Greenberg also addressed an analyst's question regarding the fallout from the fires on California&#8217;s troubled insurance market. 
Greenberg said California is a "difficult" market for insurance companies due to the risk of natural disasters, high cost of reconstruction and state regulations that "suppresses the ability to charge a fair price for the risk."
He pointed to California's FAIR plan, its state-backed insurer of last resort, as also underpriced.&nbsp;
"Frankly, it&#8217;s an unsustainable model. And one way or the other, the citizens of the state pay the price for coverage," Greenberg said.&nbsp;
The CEO explained that Chubb has been reducing its exposure to the affected area "for some time" and reduced its exposure now by over 50%. 
"We&#8217;re not going to write insurance where we cannot achieve a reasonable risk-adjusted return for taking the risk," Greenberg concluded.&nbsp;
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/news/earnings/25/01/43320124/microsoft-shares-slide-after-q2-results-cloud-revenue-misses-expectations-details">Microsoft Shares Slide After Q2 Results, Cloud Revenue Misses Expectations: Details</a>&nbsp;</li>
</ul>
Photo: Shutterstock

Analyst Color

Analyst Ratings

Insurance

Chubb CEO Expects $1.5 Billion Loss From LA Wildfires: 'California Is A Difficult Market For Insurance Companies'

Interactive Brokers Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBKR#NASDAQ">IBKR</a>) has outperformed the market over the past 5 years by 18.85% on an annualized basis producing an average annual return of 31.68%. Currently, Interactive Brokers Gr has a market capitalization of $22.86 billion. 
Buying $1000 In IBKR: If an investor had bought $1000 of IBKR stock 5 years ago, it would be worth $4,128.40 today based on a price of $210.00 for IBKR at the time of writing.
<h3>Interactive Brokers Gr's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738194310_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

IBKR

Here's How Much $1000 Invested In Interactive Brokers Gr 5 Years Ago Would Be Worth Today

Fox Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) could get a big win with Super Bowl LIX with record viewership. Last year's record-breaking Super Bowl along with a key Super Bowl LVII rematch of the Philadelphia Eagles and Kansas City Chiefs<a href="https://www.benzinga.com/general/entertainment/24/05/38625265/heres-how-much-a-super-bowl-lix-commercial-will-cost-how-fox-corporation-stock-could-benefi"> could help boost advertising rates.</a>
What Happened: The Chiefs helped Paramount Global set a record for <a href="https://www.benzinga.com/general/sports/25/01/43317260/kansas-city-chiefs-help-cbs-break-afc-championship-record-will-super-bowl-viewership-hit-new-highs">AFC Championship viewership </a>along with several other records set in the 2024 season for Amazon and Netflix.
The NFL team could bring Fox record Super Bowl viewership and record prices for Super Bowl commercials.
After initially charging $7 million for 30-second commercials, Fox has been able to price some additional Super Bowl commercials at $8 million each, as <a href="https://variety.com/2025/tv/news/fox-super-bowl-commercials-8-million-1236289382/">reported </a>by Variety.
Sources said Fox sold at least 10 commercials at this record-breaking Super Bowl commercial rate. &nbsp;
Fox Sports Executive Vice President of Sales Mark Evans called the Super Bowl "the only place where you can aggregate legitimate scale with one commercial."
"It's not like any other thing," Evans said.
Fox sold the majority of its Super Bowl ad inventory before September but saw increased demand after it sold out completely.
State Farm and other advertisers<a href="https://www.benzinga.com/general/sports/25/01/43039778/state-farm-pulls-super-bowl-ad-appletv-campaign-after-california-fires-to-focus-on-safety-of-our-customers"> pulled out</a> from their Super Bowl commercials, which opened up ad spaces for Fox. The media company was able to sell the ads for higher rates.
With Super Bowl LIX commercial space limited, the ad rates for slots during the pre-game coverage have also gotten more expensive with some 30-second spots going for $4 million, double the normal $2 million rate. Post-game ads from Fox are being sold for $4 million, compared to $2.5 million to $3 million in past years.
Fox is also adding potential ad sponsors to its list of potential "floating" breaks that happen when a player is injured or a time out is called. These are not guaranteed, but it is a way for Fox and the NFL, who splits revenue on these ads, to generate additional revenue. There is also the potential of the game going to overtime, like last year's Super Bowl, that would allow for more ad inventory to be shown.
Read Also: <a href="https://www.benzinga.com/general/sports/24/02/37076429/super-bowl-commercials-2024-complete-list-of-super-bowl-lviii-ads-and-companies-behind-them">Super Bowl Commercials 2024: Complete List Of Super Bowl LVIII Ads And Companies Behind Them</a>
Why It's Important: Fox generated $600 million in advertising revenue from its last Super Bowl in 2023.
The media company gets another Super Bowl two years later and a chance to continue to cash in on the strong demand for <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/41034849/fox-stock-thrives-on-sports-politics-strategy-analyst-says-it-will-weather-secular-">sports and political content</a> over the past 12 months.
The Chiefs are seeking a three-peat and to become the first NFL team to win back-to-back-to-back Super Bowls. While some NFL fans are tired of watching the Chiefs' success in the postseason, the team dominated viewership in the 2024 NFL season including the recent record set for the AFC Championship game.
Last year's Super Bowl (Super Bowl LVIII) featured the Chiefs and San Francisco 49ers. The game set Super Bowl records for viewership with an average of 123 million viewers. A total of 202.4 million people watched at least part of Super Bowl LVIII.
With a marquee matchup between the Chiefs and Eagles, Fox could see viewership records broken or at least come close to last year's Super Bowl.
No matter what the viewership figures are, Fox is set to enjoy a windfall of revenue from its record-breaking Super Bowl commercial rates.
FOX Price Action: Fox stock closed Wednesday up 0.57% to $47.85 on Wednesday versus a 52-week trading range of $25.82 to $48.35. The new 52-week high was set earlier Wednesday and shares are now up 59% over the last year. &nbsp;
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/space/24/02/37109382/super-bowl-lviii-sets-modern-day-viewership-record-how-did-nfl-championship-compare-to-apollo-11-mo">Super Bowl LVIII Sets Modern-Day Viewership Record: How Did NFL Championship Compare To Apollo 11 Moon Landing?</a></li>
</ul>
This image was created using artificial intelligence MidJourney.

Entertainment

Sports

FOXA

Super Bowl LIX Commercials Hit Record $8 Million: How Fox Corporation Can Win From NFL Championship

Take-Two Interactive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTWO#NASDAQ">TTWO</a>) has outperformed the market over the past 15 years by 10.08% on an annualized basis producing an average annual return of 22.32%. Currently, Take-Two Interactive has a market capitalization of $33.39 billion. 
Buying $1000 In TTWO: If an investor had bought $1000 of TTWO stock 15 years ago, it would be worth $19,801.04 today based on a price of $190.09 for TTWO at the time of writing.
<h3>Take-Two Interactive's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738192552_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

TTWO

If You Invested $1000 In This Stock 15 Years Ago, You Would Have This Much Today

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