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LDOS

Leidos Partners With AI Company SeeTrue To Improve The Efficiency Of Airport Security And Customs Screenings

Swedish EV maker Polestar Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSNY#NASDAQ">PSNY</a>) is offering up to $20,000 to Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) vehicle owners who choose to make a switch and lease a Polestar 3.
What Happened: &#8220;Make the switch to Polestar. Save up to $20,000 on a Polestar 3 lease as a Tesla owner,&#8221; the company says on its U.S. website.
The offer, which began on Feb. 21, expires on Feb 28. It is only available on the lease of a new model year 2025 Polestar 3 vehicle.
Polestar 3 is an SUV that starts at $67,500, cheaper than a Tesla Model X but pricier than the top variant of its Model Y. The long-range all-wheel drive variant of Tesla&#8217;s refreshed Model Y starts at $59,990.
Why It Matters: Polestar targeting Tesla owners is not unexpected. Polestar CEO Michael Lohscheller&nbsp;<a href="https://www.benzinga.com/tech/25/01/43155064/polestar-ceo-looks-to-attract-tesla-customers-disenchanted-by-elon-musks-politics-somebody-outside-of-germany-endorsing-right-wing-politicial-parties-totally-unacceptable">said in an interview last month</a> that Tesla CEO Elon Musk&#8216;s involvement in global politics is pushing away customers.
Lohscheller said that a lot of people have "very, very negative sentiment" about Musk's involvement in politics. The Polestar CEO also said that he has told the company's salespersons to target disappointed Tesla owners for potential business.
Lohscheller became CEO of Polestar in October. &#8220;Both in terms of volumes and financials, we expect 2025 to be the strongest year in Polestar&#8217;s history," the CEO said in January. 
The company reported a 15% drop in sales<a href="https://www.benzinga.com/markets/equities/25/01/42896581/polestar-sees-5-3-increase-in-q4-retail-sales-order-intake-surges-37-2" target="_blank" rel="noreferrer noopener">&nbsp;to 44,851 cars for the full year 2024.</a> 
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
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<li><a href="https://www.benzinga.com/25/02/43909679/tesla-cybercab-will-have-no-stainless-steel-panels-and-will-not-be-painted-either-says-senior-company-exec" target="_blank" rel="noreferrer noopener">Tesla's Cybercab To Ditch Stainless Steel And Paint, Says Senior Company Exec: Here's How It Will Get Its Signature Gold Look</a></li>
</ul>
Photo courtesy: Polestar

PSNY

TSLA

Polestar Attempts To Woo Disgruntled Tesla Owners With Offers: '2025 To Be Strongest Year In Polestar's History'

Teledyne e2v Launches High-Speed CMOS Image Sensor Lince5M NIR

Editor&#8217;s Note: This story has been updated to correct the 52-week high and low figures for Palantir and Berkshire Hathaway.
The stock market experienced a correction on Monday, with the Nasdaq Composite sliding over 200 points. Meanwhile, the Dow inched up 0.08% to 43,461.21, while the Nasdaq dropped 1.2% to 19,286.92. The S&amp;P 500 also declined, slipping 0.5% to 5,983.25.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Palantir Technologies Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>)
Palantir shares fell by 10.53% to close at $90.68, with an intraday high and low of $99.01 and $89.3, respectively. The 52-week high and low stand at $125.41 and $20.33. The <a href="https://www.benzinga.com/general/market-summary/25/02/43920295/palantir-extends-losses-microsoft-slides-whats-driving-markets-monday">company&#8217;s shares extended losses</a> as the major indices struggled to maintain early momentum.
Tempus AI Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEM#NASDAQ">TEM</a>)
Tempus AI shares rose by 2.17% to close at $69.57. The stock hit an intraday high of $74.2 and a low of $65.37. The 52-week high and low are $91.45 and $22.89, respectively. The&nbsp;shares moved higher&nbsp;ahead of its 2024 fiscal-year <a href="https://www.benzinga.com/general/market-summary/25/02/43920295/palantir-extends-losses-microsoft-slides-whats-driving-markets-monday">fourth-quarter earnings report.</a>
Riot Platforms Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>)
Riot Platforms shares fell by 4.49% to close at $9.99, with an intraday high and low of $10.63 and $9.84, respectively. The 52-week high and low stand at $18.36 and $6.36. The&nbsp;shares climbed&nbsp;after the Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)-mining company reported its <a href="https://www.benzinga.com/news/earnings/25/02/43928216/riot-platforms-shares-climb-after-fy-2024-results-details">fourth-quarter results</a>, which beat the analyst consensus estimate of $372.34 million.
Berkshire Hathaway Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>)
Berkshire Hathaway shares rose by 4.11% to close at $498.42. The stock hit an intraday high of $503.96 and a low of $483.24. The 52-week high and low are $503.96 and $395.66, respectively. The <a href="https://in.benzinga.com/analyst-ratings/analyst-color/25/02/43918506/berkshire-hathaway-stock-hits-new-all-time-highs-passes-tesla-analyst-sees-more-upside-ahead">shares hit all-time highs</a> on the heels of the company&#8217;s annual shareholder letter from CEO Warren Buffett. The legendary investor reiterated his belief in U.S. equities in the letter.
Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla shares fell by 2.15% to close at $330.53. The stock hit an intraday high of $342.4 and a low of $324.7. The 52-week high and low are $488.54 and $138.8, respectively. The&nbsp;shares traded volatile&nbsp;after the company announced it will deploy <a href="https://www.benzinga.com/news/global/25/02/43922637/tesla-stock-is-trading-volatile-today-whats-driving-the-action">full self-driving features in China</a>.
Image via Shutterstock
Prepare for the day&#8217;s trading&nbsp;<a href="https://editorial.benzinga.com/wp-admin/%E2%80%9CPremarket">with top premarket movers and news</a>&nbsp;by Benzinga.
Read Next: 
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<li><a href="https://www.benzinga.com/exclusives/25/02/43917155/warren-buffett-americas-businesses-usually-find-a-way">Warren Buffett: America&#8217;s Businesses &#8216;Usually Find A Way&#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>

Equities

Markets

$BTC

PLTR

RIOT

Palantir, Tempus AI, Riot Platforms, Berkshire Hathaway, And Tesla: Why These 5 Stocks Are On Investors' Radars Today (CORRECTED)

Domino&#8217;s Pizza Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NASDAQ">DPZ</a>) <a href="https://www.benzinga.com/25/02/43909695/dominos-pizza-posts-q4-earnings-below-estimates-stock-falls">missed</a> its fourth-quarter estimates but still delivered about 1% market share gains in the quick service restaurant (QSR) space in the U.S. The management reiterated confidence to "capture additional" market share gains in 2025.
What Happened: CEO Russell Weiner largely attributed the market share gains to the company's focus on value. According to him, their value-driven initiatives like Emergency Pizza, MOREflation, and aggregator partnerships resonated with consumers.
He said "renowned value was key" for its success for the year. "It helped drive market share gains in QSR pizza of about 1% in the U.S., consistent with our average annual share growth since 2015," he added.
Furthermore, talking about the future he said that Domino&#8217;s will deliver U.S. same-store sales growth of "3% or more annually," along with 175 net new stores.
"This would enable Domino&#8217;s to continue to capture additional market share gains in 2025 and beyond," he added.
See Also: <a href="https://www.benzinga.com/25/02/43932776/mark-cuban-slams-fd-up-healthcare-system-blames-insurance-designed-deductibles-for-patient-bankruptcy\">Mark Cuban Calls Deductibles &#8216;The Biggest Problem&#8217; in Healthcare: &#8216;System…Needs To Be Redesigned&#8217;</a>
Why It Matters: The company fell short of the fourth quarter expectations despite expanding global retail sales. Revenue rose 2.9% to $1.44 billion, missing the $1.48 billion estimate. Global retail sales increased 4.4% excluding currency impact, fueled by 364 new stores globally. U.S. same-store sales edged up 0.4%, while international grew 2.7% excluding currency. EPS was $4.89, below the anticipated $4.92.
The company also raised its dividend by 15.2% to $1.74 with a record date of March 14, to be paid on&nbsp;March 28. 
CFO Sandeep Reddy said that the company expects an operating profit growth of approximately 8% excluding the impact of currency next year. "At current exchange rates, we are expecting foreign currency to be a headwind of approximately 1% to 2% on operating income growth," he added.
Price Action: Domino's fell 1.46% on Monday, contrasting with a 1.18% decline in the Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which tracks the Nasdaq 100 index.
DPZ remains higher by 4.76% on a year-to-date basis and 0.73% lower over a year.
<a href="https://www.benzinga.com/quote/DPZ/analyst-ratings">Benzinga tracks 29 analysts</a> with an average price target of $502.97 for the stock, reflecting a &#8220;buy&#8221; rating. Estimates range widely from $402 to $612. Recent ratings from TD Cowen, Stephens &amp; Co., and TD Securities average $466.67, suggesting a potential 2.13% upside.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/DPZ/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="387" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/25015318/DPZ-ANR-1024x387.png" alt="" class="wp-image-796781" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/25015318/DPZ-ANR-1024x387.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/25015318/DPZ-ANR-300x113.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/25015318/DPZ-ANR-768x290.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/25015318/DPZ-ANR.png 1083w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read Next:
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<li><a href="https://www.benzinga.com/government/regulations/25/02/43912631/apple-forced-to-kiss-the-ring-expert-questions-whether-trump-pushed-the-iphone-maker-for-500-billion-investment" target="_blank" rel="noreferrer noopener">Apple ‘Forced To Kiss The Ring'? Expert Questions Whether Trump Pushed The iPhone Maker For $500 Billion Investment</a></li>
</ul>
Photo courtesy: Shutterstock

Earnings

Market Summary

Analyst Ratings

Domino's Pizza Sees 1% QSR Market Share Increase Despite Q4 Earnings Miss: 'Consistent With Our Average Annual Share Growth'

Gold prices hit an all-time high Monday as President Donald Trump's <a href="https://www.benzinga.com/news/global/25/02/43926015/trump-confirms-tariffs-on-canada-mexico-will-take-effect-as-planned">tariff threat</a> sent risk-on markets lower, driving demand for the safe haven asset.
What happened: Spot gold rose to $2,956 per ounce early morning before dipping to $2,937.67 as of this writing. Gold futures on the Commodity Exchange also climbed to an intraday high of 2,970.39 before settling at $2.952.
The yellow metal has gained 12.3% year-to-date and roughly 44% over the last 12 months.&nbsp;
Gold's rise contrasted with that of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), often dubbed the "digital gold" by its advocates, as the apex cryptocurrency slid 4.48% in the last 24 hours. Blue-chip stock indexes like the Nasdaq Composite and the S&amp;P 500 also closed <a href="https://www.benzinga.com/trading-ideas/movers/25/02/43930754/bitcoin-ethereum-dogecoin-bleed-amid-trumps-tariff-threat-bybit-mega-breach-analyst-says-mid-bull-reset-not-unprecedented-full-blown-bear-market-not-yet-here">Monday's trading session in the red</a>.
Meanwhile, Pax Gold (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/paxg/usd">PAXG</a>), a cryptocurrency backed by physical gold, was among the market&#8217;s biggest gainers in the last 24 hours.
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/general/entertainment/25/02/43905274/kanye-west-deletes-x-posts-on-potential-meme-coin-unfollows-changpeng-zhao-whats-he-upto">Kanye West Deletes X Posts On Potential Meme Coin, Unfollows Changpeng Zhao — What&#8217;s He Upto?</a>
Why It Matters: Peter Schiff, a renowned gold bug and Bitcoin critic, highlighted how SPDR Gold Trust ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>), the world's largest gold exchange-traded fund, has risen 12.42% year-to-date, while Bitcoin-tied ETFs have struggled.&nbsp;
"Instead of 2025 beginning a golden age for Bitcoin, it looks like it will just be a golden age," Schiff threw a jibe.
<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">Gold closed at yet another record high today, above $2,954. <a href="https://twitter.com/search?q=%24GLD&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$GLD</a> also closed at a record high, up 11% YTD. In contrast, ETFs that invest in fool&#39;s gold, aka Bitcoin, are down 3.5% YTD. Instead of 2025 beginning a golden age for Bitcoin, it looks like it will just be a golden age.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1894144793535463434?ref_src=twsrc%5Etfw">February 24, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
While Bitcoin has certainly struggled this year, it has surpassed gold in terms of annual returns, rising more than 76% vs. the bullion metal's 44% returns.
On a larger time frame, the gulf becomes wider. Bitcoin has gained a whopping 35,807% in the last 10 years, compared to 142% return on gold investment. 
Price Action: At the time of writing, Bitcoin was exchanging hands at $$90,562.19, down 4.48% 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, it has lost 3.03% of its value.
Image Via Shutterstock
Read Next:
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<li><a href="https://www.benzinga.com/personal-finance/financial-advisors/25/02/43903229/advisors-remain-divided-on-crypto-but-sec-approvals-demand-are-shifting-views">Advisors Remain Divided On Crypto, But SEC Approvals, Demand Are Shifting Views</a></li>
</ul>

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

Cryptocurrency

$PAXG

Bitcoin Is Struggling In 2025 As Gold Clocks New All-Time High But Here Is The Full Picture

Deepwater Management&#8216;s Gene Munster&nbsp;has shared his insights on Apple&#8217;s recent announcement of $500 billion U.S. investments.
What Happened: On Tuesday, Munster took to X to present his analysis of&nbsp;Apple Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)&#8217;s decision to ramp up its annual U.S. expenditures. He believes the tech giant is set to increase its annual U.S. investments by $39 billion, a 45% increase from the 2021 run rate. However, Munster suggests the actual&nbsp;incremental investment is closer to&nbsp;$20 billion annually.
<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">Three takeaways from $AAPL's announcement of investments in the US: 1- The quick math suggests Apple is increasing its annual US expenditures by $39B, up 45% from the run rate outlined in 2021. In reality, the incremental investment is closer to $20B annually. Prior to today's…
&mdash; Gene Munster (@munster_gene) <a href="https://twitter.com/munster_gene/status/1894086801452646772?ref_src=twsrc%5Etfw">February 24, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
He also indicated that Apple&#8217;s announcement underscores its realization that an AI-powered future necessitates significant infrastructure investments. He estimates that 15% of the $19 billion incremental spend will be allocated to the hiring of 20,000 new employees, adding roughly $3 billion in annual employee expenses. The remaining 85% is likely to be invested in infrastructure, including expanding data center capacity and chip production for Apple Watches and iPads.
Munster&#8217;s third point underscores Apple&#8217;s strategic approach to bypass tariffs by redirecting those savings into U.S. investments. He estimates that the U.S. accounts for about 35% of Apple&#8217;s total sales, translating to approximately $147 billion in revenue this year. Of that, around $120 billion comes from product sales, which could be affected by the 10% tariffs. Hence, by boosting its domestic investments, Apple could potentially save at least $11 billion per year by avoiding the tariff. Put simply, tariff avoidance covers half of the additional $19 billion in U.S. investment announced.
SEE ALSO: <a href="https://www.benzinga.com/news/global/25/02/43926015/trump-confirms-tariffs-on-canada-mexico-will-take-effect-as-planned">Trump Confirms Tariffs On Canada, Mexico Will Take Effect As Planned</a>
Why It Matters: Apple CEO Tim Cook&#8216;s announcement of this massive investment in the U.S. is being widely perceived as a means to avoid the tariff threat. Tariffs have been a cause of major cause of concern for Apple. Bank of America analyst Analyst Wamsi Mohan had previously stated that iPhone manufacturers will need to increase prices on iPhones, iPads, and other <a href="https://www.benzinga.com/markets/equities/25/02/43839627/apple-may-hike-iphone-prices-by-9-due-to-trumps-tariffs-says-bank-of-america">products by about 9%</a> to offset the impact of tariffs.
Meanwhile, President <a href="https://www.benzinga.com/markets/25/02/43911774/trump-says-apples-500-billion-investment-is-due-to-his-policies-without-which-they-wouldnt-be-investing-ten-cents">Donald Trump stated</a> that the investment was a result of Apple&#8217;s confidence in his administration and policies. 
Apart from Gene Munster, several other analysts have presented their reactions to the iPhone maker&#8217;s $500 billion investment. UBS analyst David Vogt stated that  &#8220;it lacks substance&#8221;, while renowned short-seller James Chanos called it &#8220;unrealistic&#8221; considering Apple&#8217;s current capital base is less than $160 billion. On the other hand, Wedbush&#8217;s Dan Ives said, &#8220;Apple made the smart strategic move with this $500 billion bet on its US buildout.&#8221;
Apple stock closed 0.66% higher at $247.17 on Monday. 
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<li>READ MORE: <a href="https://www.benzinga.com/25/02/43932533/tesla-starts-rolling-out-fsd-features-in-china">Tesla Starts Rolling Out FSD Features In China A Month After Elon Musk Said EV Giant Faces &#8216;Challenges&#8217; In The Country</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.

Short Sellers

AAPL

Apple Could Save $11 Billion Annually By Avoiding Tariffs As Tim Cook's Tech Giant Pledges $500 Billion US Investment, Says Top Analyst

Combining 5G Connectivity, Advanced Thermal Imaging, a Slim Design, and Built-to-Endure Toughness

SONM

Sonim XP Pro Thermal 5G Debuts With Military-Grade Durability And Real-Time Thermal Data Streaming

Skanska Selects DXC Technology To Overhaul IT Infrastructure, Boost Efficiency, And Strengthen Security

Teledyne e2v Introduces Lince5M NIR, A High-Speed 5.2MP Sensor For Advanced Industrial And Medical Imaging

"Our Bengaluru expansion represents a critical step in our continued commitment to scaling our global operations and enhancing support for customers worldwide," said Therese Tucker, Founder and co-CEO at BlackLine. "India's deep talent pool and thriving technology ecosystem make it an ideal location to drive innovation, expand our capabilities, and accelerate our global impact to meet growing customer demand."

BlackLine Expands Bengaluru Operations With A 50,000-Square-Foot Office To Drive Global Innovation And Growth

<ul>
<li>New agreement spans packet core, signaling, charging &amp; policy solutions</li>
</ul>

ERIC

Bharti Airtel Partners With Ericsson To Deploy Advanced 5G Core Technology For India's 5G Evolution

51Talk Integrates AI Across Its Platform, Enhancing Personalized Learning And Operational Efficiency

JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) CEO Jamie Dimon has voiced criticism over the efficiency of the U.S. government and shown support for the Department of Government Efficiency (DOGE) overseen by Elon Musk.
What Happened: In an interview with <a href="https://www.cnbc.com/2025/02/24/jamie-dimon-us-government-inefficient-touts-elon-musk-doge-effort.html">CNBC</a>&#8216;s Leslie Picker on Monday, Dimon labeled the government as &#8220;inefficient&#8221; and &#8220;not very competent,&#8221; implying that it &#8220;needs a lot of work.&#8221; Although he didn&#8217;t provide a clear-cut response about his stance on DOGE&#8217;s initiatives, his remarks suggested a general endorsement.
Dimon also mentioned the Trump administration&#8217;s initiatives to cut spending and closely examine federal agencies, stating such actions &#8220;need to be done.&#8221; He underscored the need for building appropriate policies and procedures and questioned the benefits derived from government spending.
While Dimon expressed support for DOGE&#8217;s cost-cutting initiatives, he also cautioned against any potential overreach or illegal activities, stating that &#8220;the courts will stop it.&#8221; Nevertheless, Dimon added, "I'm hoping it's quite successful.&#8221;
SEE ALSO: <a href="https://www.benzinga.com/trading-ideas/movers/25/02/43930754/bitcoin-ethereum-dogecoin-bleed-amid-trumps-tariff-threat-bybit-mega-breach-analyst-says-mid-bull-reset-not-unprecedented-full-blown-bear-market-not-yet-here">Bitcoin, Ethereum, Dogecoin Bleed Amid Trump&#8217;s Tariff Threat, Bybit Mega Breach: Analyst Says &#8216;Mid-Bull Reset&#8217; Not Unprecedented, Full-Blown Bear Market Not Yet Here</a>
Why It Matters: Dimon&#8217;s comments come in the backdrop of his recent reconciliation with Elon Musk, CEO of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>). In late January, Dimon referred to <a href="https://www.benzinga.com/startups/25/01/43339032/jamie-dimon-calls-elon-musk-our-einstein-after-years-of-feuds-weve-hugged-it-out-and-settled-differences-at-tech-summit">Musk as &#8216;Our Einstein&#8217;</a> after years of public feuds and legal disputes. The two reportedly &#8220;hugged it out&#8221; and settled their differences at a tech summit.
The JPMorgan CEO has also expressed his support for President Donald Trump&#8216;s tariff policy, previously. In January, he had told CNBC, that the upcoming tariffs by the Trump administration could be seen in a positive light. "If it's a little inflationary but it's good for national security, so be it. I mean, get over it," Dimon had said. 
Jamie Dimon recently courted controversy after he <a href="https://www.benzinga.com/markets/equities/25/02/43757032/jamie-dimon-goes-off-on-return-to-office-critics-you-dont-have-to-work-at-jpmorgan">condemned remote work</a>, arguing that it hinders creativity and negatively impacts the social and professional development of younger employees. 
Notably, while the JPMorgan CEO has voiced his support for Musk&#8217;s DOGE initiative, several others have criticized the transparency and working of DOGE. A <a href="https://www.benzinga.com/markets/25/02/43906977/elon-musks-doge-savings-of-55-billion-may-be-overstated-wsj-analysis-reveals-the-likely-actual-figure">recent analysis by WSJ</a> also revealed that the savings mentioned on the DOGE website could be overstated. 
<ul>
<li>READ MORE: <a href="https://www.benzinga.com/personal-finance/25/02/43929806/dave-ramsey-says-its-very-difficult-to-trust-someone-in-pajamas-on-a-zoom-call-admits-hes-the-crotchety-old-boss">Dave Ramsey Says &#8216;It&#8217;s Very Difficult To Trust Someone In Pajamas On A Zoom Call&#8217;—Admits He&#8217;s &#8216;The Crotchety Old Boss&#8217;</a></li>
</ul>
Image via Shutterstock
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Jamie Dimon Slams 'Inefficient' US Government, Backs Elon Musk's DOGE Initiative

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Billionaire entrepreneur and Dallas Mavericks owner Mark Cuban has called the U.S. healthcare system, &#8220;f&#x2A;&#x2A;&#x2A;&#x2A;d up&#8221; while highlighting deductibles as &#8220;the biggest problem in healthcare,&#8221; which are designed by insurance companies.
What Happened: Cuban explained in his latest X post that insurance companies design plans with higher deductibles and lower premiums leaving the work of bill collection in the hands of doctors and hospitals.
A deductible is the amount of money paid by the patient before their insurance company pays for the covered expenses as chosen under their policy.
&#8220;Often we choose higher deductibles because we are healthy or because we can only afford the lowest premium plan,&#8221; adds Cuban, inferring that if higher deductibles were left unpaid hospitals end up becoming &#8220;bill collectors,&#8221; &#8220;DESPITE HAVING NO SAY in the (insurance) plans&#8221; and deductibles bracket that patients choose.
"That is one fucked up system that needs to be redesigned," adds Cuban.
<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">Want to know one of the biggest problems in healthcare? Deductibles. Deductibles are defined by the plans the insurance companies design. Then they are approved to be offered by the feds or employers. Then we the people decide what deductible we want when we choose our plans.…
&mdash; Mark Cuban (@mcuban) <a href="https://twitter.com/mcuban/status/1894236347847618571?ref_src=twsrc%5Etfw">February 25, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/government/regulations/25/02/43912631/apple-forced-to-kiss-the-ring-expert-questions-whether-trump-pushed-the-iphone-maker-for-500-billion-investment">Apple &#8216;Forced To Kiss The Ring&#8217;? Expert Questions Whether Trump Pushed The iPhone Maker For $500 Billion Investment</a>
Why It Matters: Cuban&#8217;s tweets shed light on the growing problem of high deductibles in the U.S. healthcare system.
The "higher deductibles" turn out to be out-of-pocket costs which create a barrier to accessing care, potentially leading to delayed treatment, worsening health conditions, and mounting medical debt.
Cuban concluded his post by calling out insurance company practices that contribute to healthcare costs, including &#8220;delay tactics&#8221; and denials of claims. He called for a redesigned system for patient well-being and fairness for healthcare providers.
Here is a list of Insurance sector ETFs that investors could look at:
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>ETFs</td>
<td>YTD Performance</td>
<td>One Year Performance</td>
</tr>
<tr>
<td>SPDR S&amp;P Insurance ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIE#NYSE">KIE</a>)</td>
<td>3.30%</td>
<td>17.59%</td>
</tr>
<tr>
<td>iShares US Insurance ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAK#NYSE">IAK</a>)</td>
<td>3.66%</td>
<td>17.32%</td>
</tr>
<tr>
<td>Invesco KBW Property &amp; Casualty Insurance ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KBWP#NASDAQ">KBWP</a>)</td>
<td>-0.33%</td>
<td>12.48%</td>
</tr>
</tbody>
</table>
</figure>
Price Action: The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, fell on Monday. SPY declined 0.46% to $597.21, and QQQ plunged 1.18% to $519.87, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data
Read Next:
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<li><a href="https://www.benzinga.com/25/02/43906366/warren-buffetts-berkshire-boosts-bets-on-five-japanese-companies-admiration-has-consistently-grown-says-oracle-of-omaha-in-letter-to-shareholders">Warren Buffett&#8217;s Berkshire Boosts Bets On 5 Japanese Companies: Oracle Of Omaha Says Admiration &#8216;Has Consistently Grown&#8217;</a></li>
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Photo courtesy: Shutterstock

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iShares Dow Jones US Insurance Index Fund

KBWP

Mark Cuban Calls Deductibles 'The Biggest Problem' in Healthcare: 'System…Needs To Be Redesigned'

Membership Int Ser 1857coin Shares Of Beneficial Interest

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