Option chain shows key data for Cannapharmarx's stock options at various strike prices and expiration dates. Traders use this information to analyze potential trades and assess market sentiment for Cannapharmarx.

Cannapharmarx (OTC:CPMD) Stock, Option Chain

Cannapharmarx Inc is involved in the cannabis sector. The company negotiates, acquires, and develops various cannabis cultivation projects throughout Canada. Its three projects include the Hanover Project; the Great Northern Project, and the Acquisition of Sunniva Medical.

cannabis deals (geralt, lindsayfox Pixabay)(24)

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CPMD

CannaPharmaRx and ICAN form a strategic partnership to bolster cannabis distribution in Latin America, focusing on Mexico and Panama.

Cannapharmarx Partners With ICAN To Expand Cannabis Distribution In Latin America

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UNRIVALED BRANDS INC by Unrivaled Brands, Inc.

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As the Benzinga Cannabis Capital Conference returns to Chicago this Sept 27-28 for its 17th edition, gathering top CEOs, investors and leaders in the cannabis industry, let&#39;s scroll through the top leadership changes ove

Cannabis Industry Changes As Marijuana Rescheduling Looms

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Delaware Governor&#39;s Pick For Marijuana Commissioner Confirmed




Cannabis Movers &amp; Shakers: Delaware&#39;s New Marijuana Commissioner And Latest Industry Appointments

Cannapharmarx Inc

McDonald&#8217;s Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) is betting big on global growth despite warning of a &#8220;sluggish start&#8221; to 2025 announced during its <a href="https://www.benzinga.com/25/02/43592025/fast-food-major-mcdonalds-stocks-rise-despite-q4-sales-miss-details">fourth-quarter earnings call</a> on Monday. With plans to open 2,200 new restaurants this year as the fast-food giant works to recover from recent challenges including an E. coli outbreak.
What Happened: The expansion push comes as McDonald&#8217;s faces continued pressure from rising menu prices and softening demand, particularly among low-income customers who are &#8220;down double digits&#8221; in recent months according to CEO Chris Kempczinski.
Recent financial results reflect these pressures, with <a href="https://www.benzinga.com/25/02/43592025/fast-food-major-mcdonalds-stocks-rise-despite-q4-sales-miss-details">fourth-quarter sales</a> declining 0.3% year-over-year to $6.39 billion, missing analyst estimates of $6.44 billion.
&#8220;Obviously, our performance in 2024 did not meet our expectations,&#8221; Kempczinski acknowledged on the company&#8217;s earnings call. CFO Ian Borden noted that the first quarter of 2025 will likely be a &#8220;low-point quarter&#8221; for the company as it grapples with industry-wide traffic declines and the lingering effects of 2024&#8217;s food safety incident.
The company is also preparing to bring back fan-favorite Snack Wraps and launch new chicken strips later this year, though executives remained tight-lipped on specific timing. &#8220;My U.S. team would kill me if I gave any more details,&#8221; Kempczinski joked.
See Also: <a href="https://www.benzinga.com/economics/macro-economic-events/25/02/43608052/traders-rethink-interest-rate-path-as-inflation-concerns-resume-feds-rate-cutting-cycle-is-over-economist-says">Traders Rethink Interest-Rate Path As Inflation Concerns Resume: &#8216;Fed&#8217;s Rate-Cutting Cycle Is Over,&#8217; Economist Says</a>
Why It Matters: The chain is fighting back with an aggressive value strategy, including new meal bundles and promotions. Early results show promise – the $5 meal deal is driving average checks above $10 as customers add additional items to their orders.
Of the planned 2,200 new locations, about 1,000 will be in China, with the remainder split between the U.S., other international markets, and developmental licensee regions. The expansion is part of the fast-food giant&#8217;s strategy to reach 50,000 locations by 2027.
Price Action: McDonald&#8217;s stock surged 4.80% on Monday, gaining $14.12 to close at $308.42. In after-hours trading, the stock edged down 0.21%, according to <a href="https://www.benzinga.com/pro/">data from Benzinga Pro</a>.
Read Next: 
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<li><a href="https://www.benzinga.com/25/02/43605813/oil-prices-energy-stocks-jump-as-gaza-ceasefire-risks-collapse-on-rising-hamas-israel-tensions">Oil Prices, Energy Stocks Jump As Gaza Ceasefire Risks Collapse On Rising Hamas-Israel Tensions</a></li>
</ul>
Image Via Shutterstock 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

Restaurants

McDonald's To Open 2,200 New Restaurants Amid 'Sluggish Start' To 2025, CEO Hints At Snack Wrap Comeback

Cardano (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ada/usd">ADA</a>) surged double digits on Monday evening after digital asset management giant Grayscale Investments applied for the U.S.&#8217;s first-ever spot Cardano exchange-traded fund.
What Happened: NYSE Arca, a New York Stock Exchange&nbsp;subsidiary, submitted a 19b-4 application on behalf of the asset manager, seeking approval to list shares of Grayscale Cardano Trust. 
&#8220;While an investment in the shares is not a direct investment in ADA, the shares are designed to provide investors with a cost-effective and convenient way to gain investment exposure to ADA,&#8221; the SEC filing read. 
The trust&#8217;s custodian would be Coinbase, which has served as the <a href="https://www.benzinga.com/markets/cryptocurrency/24/02/37174858/coinbase-named-as-custodian-in-5-of-8-ethereum-etf-applications-says-ceo-brian-armstrong">principal custodian</a> for several Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) ETFs.
In response, ADA shot up over 11% in the last 24 hours, outgaining market heavyweights like Bitcoin, Ethereum, and Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>). 
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/25/02/43584910/man-who-accidentally-lost-his-775-million-bitcoin-stash-expresses-desire-to-buy-the-landfill-site">Man Whose $775 Million Bitcoin Fortune Lies Buried In A Landfill Now Wants To Buy The Trash Heap</a>
Why It Matters: The latest filing is part of a broader trend of companies ramping up their efforts to gain approval for various cryptocurrency funds since President Donald Trump took office.
The SEC has <a href="https://in.benzinga.com/trading-ideas/movers/25/01/43328116/litecoin-spikes-over-11-after-sec-acknowledges-etf-filing-market-regulator-says-ltc-very-similar-to-bitcoin">acknowledged ETF applications</a> for Litecoin, spurring optimism that the proof-of-work cryptocurrency might be the next to see an investment vehicle on Wall Street after Bitcoin and Ethereum.
Grayscale, the world&#8217;s leading digital asset manager, has been actively seeking approval to convert its existing trusts into ETFs, including those of Litecoin, Dogecoin, and XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>).
Price Action: At the time of writing, ADA was exchanging hands at $0.7418, up 11.11% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. Year-to-date, the coin has lost over 11% of its value.
Photo Courtesy: Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43581896/analyst-who-nailed-2021-crypto-collapse-now-says-worst-of-bitcoin-could-come-in-next-few-weeks">Analyst Who Nailed 2021 Crypto Collapse Now Says Worst Of Bitcoin Could Come In Next Few Weeks</a></li>
</ul>

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

Cryptocurrency

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$BTC

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Cardano Outperforms Bitcoin, Ethereum With 11% Gains After Grayscale Applies For First Ever ADA Spot ETF In US

Jeff Bezos-backed Anthropic's Economic Index report on Monday showed that AI adoption is booming in software development and technical writing, while jobs requiring physical labor remain largely unaffected.&nbsp;&nbsp;
What Happened: The study analyzed millions of anonymized conversations on Claude.ai to understand how AI is used across different professions.
It found that software engineers and programmers dominate AI usage, with 37.2% of queries related to coding tasks like software modification, debugging, and network troubleshooting.
Roles in farming, fishing, and forestry barely register, accounting for just 0.1% of AI-related queries — although this development was unsurprising.
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>
Other fields, such as office administration and education, also showed moderate AI usage, though far below that of computer-related jobs.
&#8220;AI use is more prevalent for tasks associated with mid-to-high wage occupations like computer programmers and data scientists, but is lower for both the lowest- and highest-paid roles,&#8221; the report noted.
Moreover, the study revealed that AI is more commonly used to augment work (57%) rather than automate it (43%). This means people leverage AI to enhance productivity rather than replace jobs outright.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It&#8217;s Important: In December 2024, a survey report by KPMG U.S. revealed that nearly one-third of workers acknowledge AI&#8217;s role in enhancing their skills, yet there remains a palpable fear of job displacement.
While 47% of workers believed AI could open new job opportunities, 28% expressed <a href="https://www.benzinga.com/personal-finance/24/12/42554957/nearly-one-third-of-workers-say-ai-is-boosting-their-skills-but-still-fear-losing-their-jobs-to-it">concern over potential job loss</a>.
According to the World Economic Forum&#8217;s (WEF) Future of Jobs Report 2025, 41% of companies plan to reduce their workforce over the next five years as AI automates more tasks.
However, there's positive news too. While WEF predicts that 92 million jobs will vanish by 2030, it also says 170 million new jobs will emerge.
Technology, data, and AI are among the fastest-growing job sectors. Core economy roles like delivery drivers, caregivers, educators, and farmworkers will also see growth.
By 2030, in-demand skills will include both tech expertise and human-centered abilities like cognitive thinking and teamwork.
Image via Shutterstock
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/25/02/43613038/openais-chatgpt-surpasses-elon-musks-x-and-yahoo-to-rank-sixth-most-visited-website-globally-sam-altman-says-still-a-long-way-to-go-to-run-down-google">OpenAI&#8217;s ChatGPT Surpasses Elon Musk&#8217;s X To Rank Sixth Most-Visited Website Globally — Sam Altman Says, &#8216;Still A Long Way To Go To Run Down Google&#8217;</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.

Tech

Who Is Really Using AI? Jeff Bezos-Backed Anthropic Did A Study And This Is What They Found

Ark Invest, led by Cathie Wood, made significant trades on Monday. Among the most prominent was the sale of shares in Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), as the stock continued its upward trajectory following impressive financial results.
The Palantir Trade
On Monday, Ark Invest executed a notable trade involving Palantir selling 135,775 shares through its ARKK ETF. This move comes after <a href="https://www.benzinga.com/25/02/43550434/cathie-wood-dumps-10-million-palantir-shares-at-peak-sells-robinhood-and-reddit-ark-invest-loads-up-on-qualcomm-stock">Palantir&#8217;s stock reached new all-time highs</a> following its impressive <a href="https://in.benzinga.com/news/earnings/earnings-beats/25/02/43468342/palantir-rockets-on-strong-q4-2024-was-only-a-dress-rehearsal-for-ai-growth-says-analyst">fourth-quarter earnings report</a>. The company reported revenue of $827.52 million, surpassing analyst expectations of $775.91 million, and adjusted earnings of 14 cents per share, beating the forecast of 11 cents per share.
The stock closed at $116.65 on Monday, marking a 5.23% increase. The 52-week high for the stock is $116.76. In the after-hours trading, it was seen at $117.56. The sale of these shares amounted to approximately $15.83 million, based on Monday&#8217;s closing price. Despite the impressive financial results, Ark Invest has been <a href="https://www.benzinga.com/25/02/43550434/cathie-wood-dumps-10-million-palantir-shares-at-peak-sells-robinhood-and-reddit-ark-invest-loads-up-on-qualcomm-stock">strategically reducing</a> its position in Palantir.
Other Key Trades:
<ul>
<li>UiPath Inc. (PATH) &#8211; Sold 459,205 shares through ARKK and 33,061 shares through ARKW.</li>
<li>Roku Inc.(ROKU) &#8211; Sold 78,654 shares through ARKK.</li>
<li>Twist Bioscience Corp. (TWST) &#8211; Bought 268,210 shares through ARKK.</li>
<li>Illumina Inc. (ILMN) &#8211; Bought 85,621 shares through ARKK and 14,846 shares through ARKG.</li>
</ul>
Image via Shutterstock
Read Next: 
<ul>
<li><a href="https://in.benzinga.com/markets/equities/25/02/43613133/trumps-25-tarrifs-a-self-inflicted-wound-says-economist-amid-warnings-of-fewer-american-jobs-peter-schiff-says-youll-pay-more-for-cars-and-homes">Trump&#8217;s 25% Tarrifs A &#8216;Self-Inflicted Wound,&#8217; Says Economist Amid Warnings Of Fewer American Jobs — Peter Schiff Says You&#8217;ll Pay More For Cars And Homes</a></li>
</ul>
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>

ETFs

ILMN

PATH

PLTR

ROKU

TWST

Cathie Wood Dumps $16 Million Worth Of Palantir Stock After Record Highs

Editor&#8217;s Note: A typographical error in the headline of this story has been corrected.
Leading cryptocurrencies mirrored stock gains on Monday, as investors set aside tariff threats by President Donald Trump.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>+1.77%</td>
<td>$98,005.07</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+3.22%</td>
<td>$2,702.25</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+3.48%</td>
<td>$0.2574</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin rose to an intraday high of $98,333, as the leading cryptocurrency looked to recapture levels above $100,000 lost during the <a href="https://www.benzinga.com/25/02/43425613/bitcoin-crashes-below-92000-ethereum-dogecoin-slump-as-trumps-tariff-war-spooks-investors-analyst">&#8216;Black Sunday&#8217; crash.</a>
Ethereum broke above $2,700 after stagnating in the $2,600 zone over the weekend.
Cryptocurrency liquidations reached $146 million over the last 24 hours, with short liquidations outnumbering longs.
About $500 million in short positions further risked liquidations if Bitcoin reclaims $101,500.&nbsp;
Bitcoin's Open Interest rose by 3.46% in the last 24 hours, with more than 53% of BTC futures traders going long on the apex digital asset.
Market sentiment flipped into the "Neutral" zone from "Fear," according to the Crypto Fear &amp; Greed Index, indicating a market balance.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 8:30 p.m. ET)</td>
</tr>
<tr>
<td>Raydium (RAY)</td>
<td>+16.82%</td>
<td>$5.50</td>
</tr>
<tr>
<td>Helium (HNT)</td>
<td>+12.95%</td>
<td>$3.86</td>
</tr>
<tr>
<td>Virtuals Protocol (VIRTUALS)</td>
<td>+12.36%</td>
<td>$1.27</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $3.21 trillion, increasing by 2.07% in the last 24 hours.
Stocks edged higher on Monday. The Dow Jones Industrial Average rose 167.01 points, or 0.38%, to close at 44,470.41. The S&amp;P 500 gained 0.67%, ending at 6,066.44, while the tech-focused Nasdaq Composite lifted 0.98% to close at 19,714.27.
Trump <a href="https://in.benzinga.com/markets/equities/25/02/43583123/trump-to-announce-25-steel-and-aluminum-tariffs-economist-warns-president-is-making-us-manufacturing-globally-uncompetitive">announced plans</a> to impose a 25% tariff on all steel and aluminum imports, reigniting trade tensions
Investors awaited key macroeconomic data this week, including the consumer price index report slated for Wednesday and the producer price index on Thursday. Additionally, Federal Reserve Chair Jerome Powell will testify to Congress about the state of the economy and inflation.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Popular blockchain analytics firm Santiment noted a shift in trader attention from meme coins to Bitcoin and Layer-1 assets, reflecting a more stable and sustainable market environment
"Collectively, the top Layer-1 assets are getting 44.2% of discussions among specific coins," Santiment said. "When traders pivot back to assets with strong utility and established market positions, it suggests a healthier market cycle."
<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">&#x1f600; The crypto community has largely shifted their attention to Bitcoin and other Layer 1 assets like Ethereum, Solana, Toncoin, and Cardano. Collectively, the top Layer 1 assets are getting 44.2% of discussions among specific coins. Meanwhile, top meme coins like Dogecoin, Shiba… <a href="https://t.co/PpBjD9vSi4">pic.twitter.com/PpBjD9vSi4</a>
&mdash; Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1889065568101413148?ref_src=twsrc%5Etfw">February 10, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Popular cryptocurrency analyst and trader Rekt Capital highlighted Bitcoin's successful post-breakout retest.
"Price is performing the key technical steps to fully confirm the bull flag breakout so as to set itself up for trend continuation going forward. $96,700 needs to hold," the analyst remarked.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> The Bitcoin post-breakout retest of the Monthly Bull Flag is successful thus far Price is performing the key technical steps to fully confirm the Bull Flag breakout so as to set itself up for trend continuation going forward ~$96700 needs to hold<a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://t.co/HXEsC7kN3p">https://t.co/HXEsC7kN3p</a> <a href="https://t.co/MYI2LW3Qtf">pic.twitter.com/MYI2LW3Qtf</a>
&mdash; Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1889030089704165479?ref_src=twsrc%5Etfw">February 10, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo by Avi Rozen on Shutterstock
Read Next:&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43613058/cathie-wood-says-doge-lead-elon-musks-plan-of-putting-the-treasury-on-blockchain-a-win-win-win-transparency-efficiency-security">Cathie Wood Says DOGE-Lead Elon Musk&#8217;s Plan Of Putting The Treasury On Blockchain A &#8216;Win, Win, Win&#8217; — &#8216;Transparency, Efficiency, Security&#8217;</a></li>
</ul>

Movers

Trading Ideas

Bitcoin, Ethereum, Dogecoin Rise As Investors Shrug Off Trump's Tariff Order: Analyst Sees 'Healthier Market Cycle' As Trader Interest Shifts From Meme Coins To BTC (CORRECTED)

On Monday, Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) rolled out iOS 18.3.1 and iPadOS 18.3.1 updates.
What Happened: The updates address a vulnerability that could disable USB Restricted Mode on locked devices, said Apple.
The flaw, which required physical access to the device, was reportedly exploited in sophisticated attacks targeting specific individuals.
See Also:&nbsp;<a href="https://www.benzinga.com/tech/25/01/43220055/apple-airpods-with-cameras-rumors-persist-about-next-gen-features" target="_blank" rel="noreferrer noopener">Apple AirPods With Cameras? Rumors Persist About Next-Gen Features</a>
Apple has acknowledged the issue and confirmed that it was actively used against certain targets. The company has improved state management to resolve the vulnerability.
Apple also released iPadOS 17.7.5 for devices unable to run iPadOS 18, ensuring broader protection.
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: The release of iOS 18.3.1 comes at a crucial time as Apple prepares for the upcoming <a href="https://www.benzinga.com/tech/25/01/43221500/ios-18-4-preview-updates-to-siri-more-languages-for-apple-intelligence-and-robot-vacuum-support-everything-we-know-so-far">iOS 18.4 update</a>, expected in April.
This future update is anticipated to bring enhancements such as a more intelligent Siri, expanded language support for Apple Intelligence, and improved app functionalities.
Apple reported $124.3 billion in revenue for the <a href="https://in.benzinga.com/news/earnings/25/01/43355688/apple-q1-earnings-revenue-beat-eps-beat-iphone-sales-slip-installed-base-climbs-to-all-time-high-our-best-quarter-ever">fiscal first quarter</a>, surpassing analyst expectations of $124.13 billion.
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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<li><a href="https://www.benzinga.com/news/25/01/42900737/stephen-king-slams-elon-musks-h-1b-visa-stance-musk-thinks-smart-immigrants-can-stay-the-rest-of-you-washing-dishes-get-lost" target="_blank" rel="noreferrer noopener">Stephen King Slams Elon Musk&#8217;s H-1B Visa Stance: ‘Musk Thinks Smart Immigrants Can Stay – The Rest of You Washing Dishes … Get Lost&#8217;</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.

AAPL

iOS 18.3.1 Released With Critical Security Fix: Apple Confirms USB Restricted Mode Vulnerability Was Actively Exploited

U.S. stocks experienced a positive trading session, with the Nasdaq Composite rising approximately 1% on Monday to 19,714.27. The S&amp;P 500 also saw gains, increasing by 0.7% to 6,066.44, while the Dow Jones Industrial Average edged up slightly by 0.4% to 44,470.41.
These are the top stocks that gained the attention of retail traders and investors throughout the day.
Super Micro Computer, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>)
Super Micro Computer&#8217;s shares surged by 17.56% to close at $42.65, with an intraday high of $42.88 and a low of $37.36. The stock&#8217;s 52-week range is between $122.9 and $17.25. The company is in the spotlight as it prepares for a second-quarter business update set for Tuesday, with investors keenly watching for updates on its ongoing <a href="https://www.benzinga.com/news/earnings/25/02/43600652/super-micro-computer-q2-earnings-preview-accounting-updates-nasdaq-deadline-on-watch">accounting issues</a> and potential delisting from Nasdaq.
GameStop Corp.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>)
GameStop&#8217;s stock climbed 9.66% to end the day at $27.12, reaching an intraday high of $27.27 and a low of $25.3. Its 52-week high and low are $64.83 and $9.95, respectively. The stock&#8217;s rise followed a <a href="https://in.benzinga.com/trading-ideas/movers/25/02/43605313/gamestop-stock-is-surging-monday-whats-going-on">social media post</a> by CEO Ryan Cohen featuring Strategy CEO Michael Saylor, sparking speculation about the company&#8217;s potential interest in Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>).
McDonald&#8217;s Corp.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>)
McDonald&#8217;s shares increased by 4.80%, closing at $308.42, with a high of $310.28 and a low of $301.51. The stock&#8217;s 52-week range is $317.9 to $243.53. Despite a slight decline in fourth-quarter sales, the company saw a rise in global comparable sales, which helped boost its&nbsp;<a href="https://www.benzinga.com/25/02/43592025/fast-food-major-mcdonalds-stocks-rise-despite-q4-sales-miss-details">stock performance</a>.
Monday.com Ltd&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNDY#NASDAQ">MNDY</a>)
Monday.com&#8217;s stock soared by 26.46% to close at $326.58, with an intraday high of $342.64 and a low of $295.47. Its 52-week range is $342.64 to $174.75. The company&#8217;s impressive fourth-quarter earnings, with a 32% revenue growth, and CEO&#8217;s comments on <a href="https://www.benzinga.com/25/02/43596316/mondaycom-q4-earnings-beats-estimates-with-32-revenue-growth-ceo-highlights-ai-as-a-game-changer-for-2025">AI as a game-changer</a>, contributed to the stock&#8217;s significant rise. Revenue for the period came in at $267.98 million.
Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s shares fell by 3.01%, closing at $350.73, with a high of $362.7 and a low of $350.51. The stock&#8217;s 52-week high and low are $488.54 and $138.8. The decline followed CEO Elon Musk&#8217;s response to <a href="https://www.benzinga.com/tech/25/02/43585701/tesla-ceo-elon-musk-vp-of-finance-address-allegations-of-tax-fraud-losses-were-high-for-many-years-so-carry-forward">allegations of tax fraud</a>, where he called for tax reform and clarified the company&#8217;s tax practices.
Image via Shutterstock
Prepare for the day&#8217;s trading <a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a> by Benzinga.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43613058/cathie-wood-says-doge-lead-elon-musks-plan-of-putting-the-treasury-on-blockchain-a-win-win-win-transparency-efficiency-security">Cathie Wood Says DOGE-Lead Elon Musk&#8217;s Plan Of Putting The Treasury On Blockchain A &#8216;Win, Win, Win&#8217; — &#8216;Transparency, Efficiency, Security&#8217;</a></li>
</ul>
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>

MNDY

SMCI

TSLA

Super Micro Computer, Gamestop, McDonald's, Monday.Com, And Tesla: Why These Stocks Are On Investors' Radars Today

Editor's Note: A typographical error in the headline of this story has been corrected.
Leading economists criticized former President Donald Trump&#8216;s plan to reimpose 25% tariffs on metal imports, while U.S. steel stocks rallied sharply during Monday&#8217;s trading session amid expectations of <a href="https://www.benzinga.com/markets/equities/25/02/43583123/trump-to-announce-25-steel-and-aluminum-tariffs-economist-warns-president-is-making-us-manufacturing-globally-uncompetitive">reduced foreign competition</a>.
What Happened: Former Treasury Secretary Larry Summers warned the proposed tariffs would lead to &#8220;fewer American jobs, more American inflation, and probably a bigger trade deficit,&#8221; questioning potential national security benefits from tariffing allies. 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I&#39;m sorry that Trump&#39;s threatened steel and aluminum tariffs have now been implemented. This will mean fewer American jobs, more American inflation and because of damage to us exports probably a bigger trade deficit. I do not see any national security gain from tariffing Canada.
&mdash; Lawrence H. Summers (@LHSummers) <a href="https://twitter.com/LHSummers/status/1889114367645344099?ref_src=twsrc%5Etfw">February 11, 2025</a></blockquote>
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Jason Furman, former Chair of the Council of Economic Advisers under former President Barack Obama, called the policy a &#8220;self-inflicted wound&#8221; that would raise input costs for American manufacturers.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Public policy shouldn't aim to help manufacturing. But nor should it aim to hurt manufacturing. And that is exactly what steel and aluminum tariffs do, raising input costs for American manufacturers. Not to mention raising borrowing costs &amp; the dollar. A self inflicted wound.
&mdash; Jason Furman (@jasonfurman) <a href="https://twitter.com/jasonfurman/status/1889115505044177308?ref_src=twsrc%5Etfw">February 11, 2025</a></blockquote>
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Steel stocks <a href="https://www.benzinga.com/government/regulations/25/02/43592144/us-steel-aluminum-stocks-rally-as-trump-revives-25-tariff-plan">responded positively to the announcement</a>, with Cleveland-Cliffs Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) surging 23%, while Nucor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) and Steel Dynamics Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NYSE">STLD</a>) gained 6.52% and 5.75% respectively. United States Steel Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) advanced 6.63%, and Century Aluminum Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CENX#NASDAQ">CENX</a>) rose 14.1%.
The tariffs announced by Trump would apply to all countries without exemptions. The policy mirrors his 2018 measures that imposed 25% duties on steel and 10% on aluminum imports, citing <a href="https://www.benzinga.com/markets/equities/25/02/43583123/trump-to-announce-25-steel-and-aluminum-tariffs-economist-warns-president-is-making-us-manufacturing-globally-uncompetitive">national security concerns</a>.
Market analyst Peter Schiff cautioned about broader economic implications: &#8220;Everything that American companies manufacture or build that requires steel or aluminum, such as cars, aircraft, appliances, and houses will cost more.&#8221; 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Trump imposed 25% tariffs on steel and aluminum imports. That means not only will steel and aluminum cost Americans 25% more, but everything that American companies manufacture or build that requires steel or aluminum, such as cars, aircraft, appliances, &amp; houses will cost more.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1889094246545736007?ref_src=twsrc%5Etfw">February 10, 2025</a></blockquote>
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See Also: <a href="https://www.benzinga.com/25/02/43605813/oil-prices-energy-stocks-jump-as-gaza-ceasefire-risks-collapse-on-rising-hamas-israel-tensions">Oil Prices, Energy Stocks Jump As Gaza Ceasefire Risks Collapse On Rising Hamas-Israel Tensions</a>
Why It Matters: Benn Steil, director of international economics at the Council on Foreign Relations, noted <a href="https://www.benzinga.com/markets/equities/25/02/43583123/trump-to-announce-25-steel-and-aluminum-tariffs-economist-warns-president-is-making-us-manufacturing-globally-uncompetitive">the disproportionate impact</a> on Sunday, citing that &#8220;Steel-using firms employ over 5 million Americans&#8230; Steel-intensive industries account for over 20% of U.S. manufacturing output.&#8221;
The impact could be particularly significant for U.S.-Canada trade relations. According to U.S. Census Bureau data, Canada exported $11.2 billion in steel and $9.5 billion in aluminum to the U.S. in 2024. Canadian Innovation Minister Francois-Philippe Champagne emphasized the critical role of Canadian metals in <a href="https://in.benzinga.com/government/regulations/25/02/43592144/us-steel-aluminum-stocks-rally-as-trump-revives-25-tariff-plan">U.S. defense and manufacturing sectors</a>.
The automotive industry, which employs 7 million Americans, could face significant challenges from higher material costs. European steelmakers, including German manufacturer Salzgitter, warned the tariffs could redirect excess global supply toward their markets, potentially destabilizing <a href="https://in.benzinga.com/government/regulations/25/02/43592144/us-steel-aluminum-stocks-rally-as-trump-revives-25-tariff-plan">international trade dynamics</a>.
Read Next: 
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<li><a href="https://www.benzinga.com/economics/macro-economic-events/25/02/43608052/traders-rethink-interest-rate-path-as-inflation-concerns-resume-feds-rate-cutting-cycle-is-over-economist-says">Traders Rethink Interest-Rate Path As Inflation Concerns Resume: &#8216;Fed&#8217;s Rate-Cutting Cycle Is Over,&#8217; Economist Says</a></li>
</ul>
Image Via Shutterstock 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

CENX

STLD

Trump's 25% Tariffs A 'Self-Inflicted Wound,' Says Economist Amid Warnings Of Fewer American Jobs — Peter Schiff Says You'll Pay More For Cars And Homes (CORRECTED)

Cathie Wood, the founder of asset management firm Ark Invest, rallied around Elon Musk's idea of putting all U.S. government spending on blockchains for better transparency on Sunday.
What happened: Wood wrote, "Transparency, Efficiency, Security: Win, Win, Win," while reacting to the radical plan f<a href="https://www.benzinga.com/25/02/43425216/elon-musk-supports-putting-treasury-department-operations-on-blockchain-to-fix-irregularities">irst backed</a> by Musk, who is in charge of the Department of Government Efficiency, and later <a href="https://x.com/brian_armstrong/status/1888352903997636897">by</a> Coinbase CEO Brian Armstrong.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Transparency, Efficiency, Security: Win, Win, Win. <a href="https://t.co/W4LEiILCsC">https://t.co/W4LEiILCsC</a>
&mdash; Cathie Wood (@CathieDWood) <a href="https://twitter.com/CathieDWood/status/1888626962731798532?ref_src=twsrc%5Etfw">February 9, 2025</a></blockquote>
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Notably, Ark Invest was the first public asset manager to gain Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) exposure in 2015 and has <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41349588/cathie-woods-ark-invest-says-ethereum-is-a-big-idea-that-will-transform-the-financial-serv">consistently championed the utility</a> of blockchains, including Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) and Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>).
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/25/02/43584910/man-who-accidentally-lost-his-775-million-bitcoin-stash-expresses-desire-to-buy-the-landfill-site">Man Whose $775 Million Bitcoin Fortune Lies Buried In A Landfill Now Wants To Buy The Trash Heap</a>
Why It Matters: Wood's backing comes in the wake of a polarizing debate over Musk's plans to get access to sensitive government systems.
The Department of Government Efficiency, or DOGE, a panel tasked with cutting wasted federal expenditure, <a href="https://www.benzinga.com/news/25/02/43419885/musks-doge-eyes-treasury-payment-system-sparks-controversy-leading-to-officials-exit">sought access</a> to the Treasury Department&#8217;s payment systems amid Musk&#8217;s allegations of government payment irregularities. However, a federal court <a href="https://in.benzinga.com/news/25/02/43578729/court-halts-musks-doge-squad-from-gaining-access-to-treasury-payment-systems-a-risk-of-irreparable-harm">blocked the move</a>, citing the potential risk of "irreparable harm."&nbsp;
According to a live <a href="https://www.doge-tracker.com/">tracker</a>, DOGE has saved U.S. taxpayers $36.70 billion as of this writing, which is about 1.8% of <a href="https://www.benzinga.com/startups/25/01/43046108/musks-doge-ambitions-shrink-why-2-trillion-budget-cuts-may-be-out-of-reach">Musk&#8217;s optimistic $2 trillion target</a> set during Donald Trump&#8217;s campaign. Note that this is not official data.
Price Action: At the time of writing, Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>), the cryptocurrency symbolically linked to the department, was exchanging hands at $0.2576, up 4.01% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.
Image via Shutterstock
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43581896/analyst-who-nailed-2021-crypto-collapse-now-says-worst-of-bitcoin-could-come-in-next-few-weeks">Analyst Who Nailed 2021 Crypto Collapse Now Says Worst Of Bitcoin Could Come In Next Few Weeks</a></li>
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$SOL

Cathie Wood Says DOGE-Lead Elon Musk's Plan Of Putting The Treasury On Blockchain A 'Win, Win, Win' —  'Transparency, Efficiency, Security'

OpenAI's AI-powered chatbot ChatGPT&#8217;s rise in web traffic has propelled it past Elon Musk's X and Yahoo, making it the sixth most-visited website globally in January 2025.
What Happened: Last week, Similarweb posted its latest desktop traffic rankings for January 2025.&nbsp;
The latest rankings reveal that Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google continues to dominate with a 29.21% traffic share, followed by YouTube at 20.40%.
Meta Platforms, Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) Facebook holds the third spot with 5.08%, while WhatsApp and Instagram are fourth and fifth, respectively.
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&#8217;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&#8217;</a>
ChatGPT follows closely with a 2.33% traffic share, showing a notable month-over-month increase of 5.91%.
X, formerly Twitter ranks seventh with a 1.92% traffic share, and Yahoo is eighth at 1.88%. Reddit Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) and Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) complete the top ten list.
Reacting to the ranking, OpenAI CEO Sam Altman took to X, and said, "Man, still a long way to go to run down Google."&nbsp;&nbsp;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">man, still a long way to go to run down google &#x1f97a; <a href="https://t.co/MdD3as1lIU">https://t.co/MdD3as1lIU</a>
&mdash; Sam Altman (@sama) <a href="https://twitter.com/sama/status/1888703820596977684?ref_src=twsrc%5Etfw">February 9, 2025</a></blockquote>
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Similarweb also revealed the top 10 apps in the U.S. (iPhone) in January: DeepSeek &#8211; AI Assistant, ChatGPT, Threads, Block Blast!, TurboTax: File Your Tax Return, T-Life, Google, Google Gemini, Flip: Watch, Create, Shop and Temu: Shop Like a Billionaire.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">They don&#39;t. This is a list of websites. These were the top 10 apps in the US (iPhone) in January: <a href="https://t.co/S2iHN9GWj8">pic.twitter.com/S2iHN9GWj8</a>
&mdash; Similarweb (@Similarweb) <a href="https://twitter.com/Similarweb/status/1888625427721105748?ref_src=twsrc%5Etfw">February 9, 2025</a></blockquote>
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Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It&#8217;s Important: In December 2022, almost a month after ChatGPT had its public release, it was reported Google had <a href="https://www.benzinga.com/news/22/12/30170477/chatgpt-popularity-reportedly-leads-to-google-declaring-code-red-as-sundar-pichai-increases-involvem-1">declared a &#8220;code red,&#8221;</a> seeing it posing a threat to its search dominance.&nbsp;
In October 2024, OpenAI further challenged Google by unveiling <a href="https://www.benzinga.com/news/24/10/41663190/openai-rolls-out-chatgpt-search-google-shares-slide">ChatGPT Search</a>, enabling users to access real-time information, a feature traditionally dominated by search engines.
By December, OpenAI expanded this feature to all users, including those on the free tier, enhancing its accessibility and reach.
Meanwhile, Musk, who co-founded OpenAI and then left in 2018, has reportedly made a <a href="https://in.benzinga.com/25/02/43609104/elon-musk-co-founded-openai-now-hes-bidding-974b-to-take-back-the-company">$97.4-billion bid</a> to regain control of the company.
Photo by jamesonwu1972 on Shutterstock
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

GOOG

GOOGL

NFLX

RDDT

OpenAI's ChatGPT Surpasses Elon Musk's X To Rank Sixth Most-Visited Website Globally — Sam Altman Says, 'Still A Long Way To Go To Run Down Google'

Nancy Pelosi, the former Speaker of the House, took to X on Monday to express her disapproval of the MAGA Republicans&#8217; &#8220;tax scheme,&#8221; which she claims is designed to plunder Medicaid for the benefit of billionaires.
What Happened: Pelosi said, &#8220;Extreme MAGA Republicans revealed their tax scam to raid Medicaid to give more tax cuts to billionaires. But we can stop them! We&#8217;ve done it before — we saved Social Security in 2006, the Affordable Care Act in 2018 and we&#8217;ll stop them now to save the ACA, Medicare and Medicaid.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Extreme MAGA Republicans revealed their tax scam to raid Medicaid to give more tax cuts to billionaires. But we can stop them! We&#39;ve done it before — we saved Social Security in 2006, the Affordable Care Act in 2018 and we&#39;ll stop them now to save the ACA, Medicare and Medicaid. <a href="https://t.co/J0ejQIxeUB">pic.twitter.com/J0ejQIxeUB</a>
&mdash; Nancy Pelosi (@TeamPelosi) <a href="https://twitter.com/TeamPelosi/status/1889100925673054462?ref_src=twsrc%5Etfw">February 10, 2025</a></blockquote>
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Pelosi said that Republicans did &#8220;something today in the Congress that is unbearable for people on Medicare and Medicaid.&#8221; The Speaker Emerita referred to cuts made in Congress to Medicaid which she claimed would fuel tax cuts for billionaires. She said that the way to stop these efforts were with &#8220;outside mobilization.&#8221; 
The Trump administration&#8217;s agenda has been stalled in Congress over the weekend as GOP hardliners want the party leaders to make deeper cuts to Medicaid, <a href="https://edition.cnn.com/2025/02/10/politics/gop-cuts-trump-agenda-house-senate/index.html">reported</a> CNN. Ultra-conservatives and swing-district members are increasingly at odds over Medicaid cuts.
Why It Matters: Pelosi had earlier called Medicaid a &#8220;pillar of health, security and justice&#8221; for tens of millions and claimed that Republicans were plotting to end it as it existed in its current form. She vowed to stop them.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Medicaid saves lives as a pillar of health, security and justice for tens of millions of Americans.   While Republicans plot to end Medicaid as we know it, Democrats are fighting back.   And with the American people on our side, we will stop them. <a href="https://t.co/U0OblYzyE3">pic.twitter.com/U0OblYzyE3</a>
&mdash; Nancy Pelosi (@SpeakerPelosi) <a href="https://twitter.com/SpeakerPelosi/status/1887618851728183308?ref_src=twsrc%5Etfw">February 6, 2025</a></blockquote>
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</figure>
See Also: <a href="https://www.benzinga.com/general/restaurants/25/02/43612522/doordash-q4-earnings-preview-all-eyes-on-annual-subscriber-figures-order-frequency">DoorDash Q4 Earnings Preview: All Eyes On Annual Subscriber Figures, Order Frequency</a>
Medicaid, a program that serves 79 million low-income or disabled Americans, has been a <a href="https://www.benzinga.com/personal-finance/25/01/43191852/an-existential-fight-ahead-why-trumps-medicaid-cuts-could-leave-millions-struggling-with-healthcare-costs">major target for cuts</a> under the Trump administration. The proposed cuts could mean fewer options and higher healthcare costs for many families. GOP wants to roll back the expansion of Medicaid under the Affordable Care Act (ACA), which added 20 million people to the program over the past 11 years.
Earlier, the White House ordered a temporary freeze on all federal grants and loans, putting $3 trillion in <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">funding under scrutiny</a>. Soon after the Medicaid <a href="https://www.benzinga.com/25/01/43294006/trump-white-house-blames-outage-for-medicaid-website-lockout-we-have-confirmed-no-payments-have-been-affected">website became non-functional</a>, but later the White House blamed the non-functioning website on an &#8220;outage.&#8221; The Trump Administration said that no payments had been affected.
The Elon Musk-led Department of Government Efficiency has meanwhile <a href="https://www.benzinga.com/25/02/43516681/doge-gains-access-to-medicare-and-medicaid-systems-elon-musk-says-this-is-where-the-big-money-fraud-is-happening">secured access</a> to Centers for Medicare and Medicaid Services this month. Musk claimed that &#8220;big money fraud&#8221; was taking place at the CMS. DOGE has the mandate to cut at least $1 trillion in federal spending, while the CMS spent over $1.5 trillion in 2024 and has come under attack in the past for fraudulent and wasteful spending.
Image via Shutterstock
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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>

Politics

Nancy Pelosi Says 'Extreme MAGA Republicans' Have Revealed Their 'Tax Scam' To Plunder Medicaid For Giving Tax Cuts To Billionaires

A surprise dinner at Morris Chang's home in 2010 set the stage for one of the most consequential business relationships in the tech industry—one that made Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) the biggest client of Taiwan Semiconductor Manufacturing Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSMC#NYSE">TSMC</a>).
What Happened: <a href="https://www.benzinga.com/tech/25/02/43517209/jensen-huang-once-wrote-a-desperate-letter-to-save-nvidia-but-also-forged-a-partnership-worth-billions-with-tsmc-morris-chang-reveals-the-story">In a podcast</a>, Chang, who is regarded as the founder of Taiwan&#8217;s semiconductor industry recalled how the then Apple COO Jeff Williams arrived at his for an unexpected dinner.
The meeting was arranged by Terry Gou, the founder of Foxconn, who is also the second cousin of Chang's wife Sophie.
Chang had no prior notice of Apple's interest in working with his company. Once at the dinner table, where the group had Chinese food, Williams wasted no time and expressed interest in TSMC manufacturing chips for Apple.
At dinner, Williams mentioned a 40% gross margin for TSMC, and Chang found this low since his company&#8217;s margin was already 45%. However, he chose not to debate pricing at that moment.
See Also:<a href="https://www.benzinga.com/news/management/25/01/43274796/jensen-huang-loses-20b-in-wealth-how-deepseek-hit-nvidia-stock-and-worlds-richest-people" target="_blank" rel="noreferrer noopener">&nbsp;Jensen Huang Loses $20B In Wealth: How DeepSeek Hit Nvidia Stock And World's Richest People</a>
Apple also wanted chips built on a 20-nanometer process, while TSMC had been planning to transition straight from 28nm to 16nm. For Chang, this was an issue. As he later recalled, "A half step is a detour."
Despite his initial reservations, Chang saw an opportunity and took a calculated risk—one that required billions of dollars in investment. TSMC eventually chose to avoid cutting dividends or issuing new stock. Instead, they opted to take on debt.
In February 2011, Apple paused talks with TSMC for two months after Intel approached Tim Cook, asking to be considered as a supplier.
Chang recalled that he reached out to Apple for clarity. In a follow-up meeting, Cook assured him that Intel didn't know how to be a foundry, confirming Apple's commitment to TSMC.
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.
TSMC and Apple also disagreed on yield rates and pricing. However, they ultimately negotiated and resolved the issues. TSMC adjusted its roadmap to produce Apple's 20-nanometer chips, delaying its 16-nanometer development but proving its reliability.
When TSMC launched 16-nanometer chips, Apple followed through on its commitment, making TSMC its primary chip supplier.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="TSMC founder Morris Chang" width="500" height="281" src="https://www.youtube.com/embed/FZItbr4ZJnc?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Why It's Important: Fast forward to 2024, and Apple is TSMC's single largest customer. Supply chain data compiled by Bloomberg revealed that Apple accounts for approximately 25.2% of TSMC's annual revenue, far ahead of other tech giants.
While Nvidia Corporation is experiencing explosive demand due to the AI boom, it still trails behind Apple, contributing around 10.1% of TSMC's revenue in 2024. However, this dynamic may shift in 2025.
According to a <a href="https://money.udn.com/money/story/5612/8465417?from=edn_maintab_index">report</a> from Economic Daily News, a Chinese-state-owned news publication, Citi Securities analysts predict that Nvidia could become TSMC's largest customer in 2025, driven by its high-performance AI chips.
Estimates suggest Nvidia could account for 20% of TSMC's revenue in 2025, closing the gap with Apple. However, Bloomberg's previous projections indicate that Apple will still maintain its lead—at least for now.
Photo by wakamatsu.h via Shutterstock
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

TSMC

Apple Is TSMC's Largest Customer; Their Business Love Story Started Over Chinese Food — But Will Their Relationship Change Dramatically in 2025?

NIVFW

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

NIVF

DoorDash, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NASDAQ">DASH</a>) is set to report its fourth-quarter results on Tuesday after the closing bell. Here's a look<a href="https://www.benzinga.com/25/02/43598736/super-bowl-commercials-2025-complete-list-of-super-bowl-lix-ads-and-companies-behind-them"> at what to expect. </a>
What To Watch: Investors will be watching for updates on profitability trends, marketplace GOV growth, and forward guidance from the company. 
DoorDash's annual subscriber disclosure is also expected with this quarterly report which showed subscribers had reached an all-time high of 18 million at the end of 2023. 
Read Next: <a href="https://www.benzinga.com/news/earnings/25/02/43600652/super-micro-computer-q2-earnings-preview-accounting-updates-nasdaq-deadline-on-watch">Super Micro Computer Q2 Earnings Preview: Accounting Updates, Nasdaq Deadline On Watch&nbsp;</a>
JMP analyst Andrew Boone released an earnings preview note on DoorDash last Thursday and expects DoorDash to report better-than-expected results based on growth in restaurant and grocery order frequency, GOV, and new customer initial order rates. 
Boone also noted that DoorDash launched its offsite advertising solution in the fourth quarter which could contribute to revenue growth. DoorDash's ad load remains behind its peers but the company has "substantial runway to expand its advertising business over time," the analyst said.
JMP reiterated its Market Outperform rating and $200 price target for DoorDash stock. 
DoorDash stock has a consensus price target of $179.47 based on the ratings of 33 analysts, with the high being $225 issued by Keybanc in January and the low of $115 issued by Wedbush in August 2024.&nbsp;
According to estimates from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, analysts expect the company to report quarterly earnings of 33 cents per share on revenue of $2.84 billion. DoorDash beat earnings expectations for the third quarter by more than 72%.&nbsp;
DASH Price Action: According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, DoorDash shares ended Monday's session up 7.49% at $34.69 at the time of publication Monday.
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Image: Shutterstock

Earnings

Previews

DASH

DoorDash Q4 Earnings Preview: All Eyes On Annual Subscriber Figures, Order Frequency

Warren Buffett, one of the greatest investors of all time, has lived in the same Omaha, Nebraska, home since 1958. That's 67 years in one house. Purchased <a href="https://www.benzinga.com/news/24/09/41095962/billionaire-warren-buffett-still-lives-in-an-old-corner-house-he-purchased-for-32k-i-couldnt-imagine">for just $31,500</a>, the property has appreciated to an estimated $1.4 million, an impressive return of about 4,300%. But despite this, Buffett doesn't see homeownership as a guaranteed financial win. In fact, in <a href="https://www.berkshirehathaway.com/letters/2010ltr.pdf">his 2010 letter to shareholders</a>, he made it clear that a house can easily turn into a financial nightmare if buyers aren't careful.
"A house can be a nightmare if the buyer's eyes are bigger than his wallet and if a lender—often protected by a government guarantee—facilitates his fantasy. Our country's social goal should not be to put families into the house of their dreams but rather to put them into a house they can afford," Buffett wrote in 2010, at a time when homes were still relatively affordable following the Great Recession.
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Fast forward to 2025, and housing prices are astronomically higher, with interest rates hovering around 7% or more. The cost of buying a home has never been more daunting, yet Buffett's warning from over a decade ago still holds: if you stretch beyond your means, homeownership can be a financial disaster.
<h2 class="wp-block-heading">Buffett Could Have Made More Renting—And He Knows It</h2>
Buffett has never claimed his home was his smartest investment. In fact, he has openly admitted he <a href="https://www.benzinga.com/real-estate/24/06/39333401/warren-buffett-paid-31-500-for-1921-home-despite-the-seller-asking-52-500-its-worth-1-4-million-but">would have made far more money renting</a> and putting that cash into stocks instead. "For the $31,500 I paid for our house, my family and I gained 52 years of terrific memories with more to come," he said in 2010. But financially speaking? He could have done better.
That's a statement you don't hear often, especially in a world where buying a home is viewed as the ultimate "good investment." But Buffett's take is clear: a home is not always the best place to park your money. It provides stability, shelter, and memories, but when it comes to pure wealth-building, stocks historically outperform real estate.
Trending: <a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.
<h2 class="wp-block-heading">Buffett's Take on Mortgages: The "Best Instrument in the World"</h2>
While Buffett remains cautious about overspending on a home, he is a big believer in 30-year fixed mortgages—calling them one of the best financial tools available to homeowners.
In an interview with <a href="https://www.cnbc.com/2012/02/27/cnbc-transcript-part-1-warren-buffett-on-buying-houses-and-the-next-berkshire-ceo.html">CNBC's "Squawk Box</a>" in 2012, Buffett stated: "If you take out a 30-year fixed mortgage and it turns out the interest is too high, next week you can refinance lower. If it turns out it's too low, the other guy is stuck with it for 30 years."
In another appearance on "<a href="https://www.cnbc.com/2012/02/27/warren-buffett-on-cnbc-id-buy-up-a-couple-hundred-thousand-singlefamily-homes-if-i-could.html">Squawk Box</a>" in 2012, he said he'd buy up a "couple thousand" single-family homes if it were practical to do so.&nbsp;
<a href="https://www.cnbc.com/2017/03/06/heres-why-warren-buffett-thinks-you-should-buy-a-home.html">He told CNBC in 2017</a>, "If you know you're going to live in a given area, or think it's very likely, for a considerable period of time and you've got a family, the home is terrific." He also added: "A [30-year mortgage] is an incredibly attractive instrument for homeowners, and you've got a one-way bet."
See Also: <a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a>
Buffett has long emphasized the flexibility of a fixed-rate mortgage, calling it a "one-way negotiation" that benefits the homeowner. His reasoning? If rates drop, you refinance. If rates go up, you keep your low rate. It's a win-win.
<h2 class="wp-block-heading">The Big Takeaway: Buy Smart, Stay Frugal, and Don't Get Trapped</h2>
Buffett's Omaha home is proof that frugality pays off, but his larger point isn't about staying in one house forever—it's about buying responsibly. He's seen too many people overextend on a mortgage, chase their dream home, and end up struggling financially.
Even in today's high-cost housing market, Buffett's advice is simple: <a href="https://www.benzinga.com/money/gbr-savings-by-age">buy only what you can comfortably afford</a>, take advantage of a fixed-rate mortgage, and don't assume homeownership is always the smartest financial move.
After all, if the world's greatest investor says he could have made more money renting, maybe the real "dream home" is financial security, not a bigger mortgage.
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Personal Finance

Warren Buffett Has Lived In His $31,500 Home For 67 Years And Calls It One of His Best Investments But Warned: 'A House Can Be A Nightmare'

Ecolab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ECL#NYSE">ECL</a>) has outperformed the market over the past 20 years by 2.39% on an annualized basis producing an average annual return of 10.8%. Currently, Ecolab has a market capitalization of $69.64 billion. 
Buying $1000 In ECL: If an investor had bought $1000 of ECL stock 20 years ago, it would be worth $7,652.15 today based on a price of $245.94 for ECL at the time of writing.
<h3>Ecolab's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1739231111_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.

$1000 Invested In This Stock 20 Years Ago Would Be Worth This Much Today

Needham analyst Scott Berg maintains Monday.Com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNDY#NASDAQ">MNDY</a>) with a Buy and raises the price target from $350 to $400.

Price Target

Analyst Ratings

Needham Maintains Buy on Monday.Com, Raises Price Target to $400

Needham analyst Quinn Bolton maintains ON Semiconductor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) with a Buy and lowers the price target from $66 to $57.

Needham Maintains Buy on ON Semiconductor, Lowers Price Target to $57

Jones Lang LaSalle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JLL#NYSE">JLL</a>) has outperformed the market over the past 20 years by 1.53% on an annualized basis producing an average annual return of 9.94%. Currently, Jones Lang LaSalle has a market capitalization of $13.26 billion. 
Buying $100 In JLL: If an investor had bought $100 of JLL stock 20 years ago, it would be worth $650.19 today based on a price of $279.45 for JLL at the time of writing.
<h3>Jones Lang LaSalle's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1739230218_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.

$100 Invested In Jones Lang LaSalle 20 Years Ago Would Be Worth This Much Today

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CannapharmaRx to Complete Additional Shipment in November

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