Latest news for Tamino Minerals (OTC:TINO) Stock

Tamino Minerals Inc is engaged in exploration in Mexico for precious metals including copper, lead and zinc. It has several properties in a prospective area for gold in Mexico known as the Las Amalias Mine and it continues to evaluate and develop economic opportunities.

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Citigourp Global Markets 2% Protected Notes Linked To The Djia

Stocks That Hit 52-Week Highs On Thursday

TAMINO MINERALS INC by Tamino Minerals Inc.

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OpenAI CEO Sam Altman announced a technological milestone on Friday, revealing the deployment of NVIDIA Corp.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) first full 8-rack GB200 NVL72 system on Microsoft Corp.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) Azure platform, marking a major advancement in the companies&#8217; strategic partnership.
What Happened: &#8220;First full 8-rack GB200 NVL72 now running in Azure for OpenAI—thank you Satya Nadella and Jensen [Huang]!,&#8221; Altman wrote on X.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">first full 8-rack GB200 NVL72 now running in azure for openai—thank you <a href="https://twitter.com/satyanadella?ref_src=twsrc%5Etfw">@satyanadella</a> and jensen!
&mdash; Sam Altman (@sama) <a href="https://twitter.com/sama/status/1885191346916356371?ref_src=twsrc%5Etfw">January 31, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The GB200 NVL72, known for delivering 30 times faster real-time large language model inference and enhanced AI training capabilities, represents the latest evolution in OpenAI&#8217;s infrastructure expansion. This deployment comes as Microsoft reported a 175% year-over-year surge in AI revenue and <a href="https://www.benzinga.com/markets/equities/25/01/43327008/microsofts-13-billion-run-rate-and-openai-azure-deal-spark-surge-in-enterprise-demand-for-ai-solutions-just-first-tranche-of-future-growth-potential">a $13 billion annual AI revenue run rate</a>.
large language model inference is&nbsp;the process by which LLMs use their training to generate human-like responses to user input.
The infrastructure upgrade arrives amid reports that SoftBank Group Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>) is in discussions to lead a massive $40 billion <a href="https://www.benzinga.com/media/25/01/43374528/softbank-may-lead-openais-40-billion-funding-round-at-a-300-billion-valuation-despite-deepseek-disruption-report">funding round for OpenAI</a> at a potential $300 billion valuation. 
However, OpenAI faces challenges on the competitive front. The company recently alleged that Chinese AI startup DeepSeek <a href="https://www.benzinga.com/news/25/01/43354099/openai-alleges-deepseek-used-proprietary-models-without-permission-as-microsoft-investigates-ai-secu">used its proprietary models without authorization</a>, leading to the blocking of suspected accounts for terms of service violations. 
See Also: <a href="https://www.benzinga.com/tech/25/01/43377716/tesla-employee-headcount-drops-after-april-layoff">Tesla Reports Over 10% Employee Reduction By Year-End Following April Layoffs</a>
Why It Matters: This controversy emerged after DeepSeek claimed to have developed its R1 model for just $5.6 million using lower-end Nvidia chips.
Microsoft CEO Satya Nadella acknowledged DeepSeek&#8217;s &#8220;real innovations&#8221; during a recent earnings call but remained noncommittal about whether these developments mark a turning point <a href="https://www.benzinga.com/tech/25/01/43327016/microsoft-ceo-satya-nadella-accepts-deepseek-ai-has-some-real-innovations-but-wont-say-if-they-mark-a-turning-point-for-ai-cost-reduction">for AI cost reduction</a>. 
Despite these challenges, OpenAI appears to be strengthening its partnership with Microsoft. Earlier this week, Altman <a href="https://www.benzinga.com/news/25/01/43354099/openai-alleges-deepseek-used-proprietary-models-without-permission-as-microsoft-investigates-ai-secu">hinted at expanded collaboration</a>, stating on social media that the &#8220;next phase of the MSFT x OAI partnership is gonna be much better than anyone is ready for.&#8221; 
This aligns with Microsoft CFO Amy Hood&#8216;s recent statement that OpenAI&#8217;s Azure commitment represents just the &#8220;first tranche&#8221; of future growth potential.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/25/01/43373775/tim-cook-praises-chinas-deepseek-for-driving-efficiency-stresses-apples-prudent-and-deliberate-approach-toward-capital-expenditure">Tim Cook Praises China&#8217;s DeepSeek For Driving Efficiency, Stresses Apple&#8217;s &#8216;Prudent And Deliberate&#8217; Approach Toward Capital Expenditure</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.

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Sam Altman Thanks Satya Nadella, Jensen Huang As OpenAI Deploys NVIDIA's GB200 On Microsoft Azure, Boosting Performance By 30X

As Mastercard Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>) surpassed analyst <a href="https://www.benzinga.com/news/earnings/25/01/43345282/mastercard-q4-earnings-revenue-and-eps-beat-strong-growth-in-payments-and-cross-border-transactions">expectations</a> for the fourth quarter, it highlighted an important function that grew massively in 2024, securing the data of billions of users.
What Happened: Mastercard tokenized about four billion transactions per month in 2024, which was up 40 times over the past six years, said the company CEO Michael E Miebach during its earnings call.
Tokenization is a process that enhances security by replacing sensitive card data with tokens, reducing fraud risk. It also improves the customer experience by simplifying online checkout.
The CEO explained that Mastercard&#8217;s massive growth in tokenized transactions underscores its critical role in enabling secure and frictionless digital commerce, paving the way for a future of password-free and seamless payments.
&#8220;While the growth of token makes the ecosystem safer and more secure, we also benefit on the natural tailwind associated with the growth of token usage,&#8221; added Miebach.
Additionally, in response to an analyst, the CEO also highlighted that tokenization is a key component of Mastercard 2030 vision and has &#8220;tremendous opportunity&#8221;.
&#8220;We&#8217;ll be looking at other use cases and see what that can do for our company overall,&#8221; he added.
See Also: <a href="https://www.benzinga.com/news/earnings/25/01/43345282/mastercard-q4-earnings-revenue-and-eps-beat-strong-growth-in-payments-and-cross-border-transactions">Mastercard Q4 Earnings: Revenue And EPS Beat, Strong Growth In Payments and Cross-Border Transactions</a>
Why It Matters: Mastercard <a href="https://www.benzinga.com/news/earnings/25/01/43345282/mastercard-q4-earnings-revenue-and-eps-beat-strong-growth-in-payments-and-cross-border-transactions">beat Q4</a> revenue and earnings expectations. Net revenue reached $7.49 billion as compared to the expected $7.39 billion, a 14% increase year-over-year). Adjusted earnings per share was at $3.82, as compared to the expected $3.69, a 20% rise.
Payment network revenue grew 13%, driven by increased gross dollar volume of 12%, cross-border volume of 20%, and switched transactions of 11%. The company forecasts low double-digit net revenue growth for both the first quarter and the full year 2025.
See Also: <a href="https://www.benzinga.com/25/01/43376448/elon-musks-x-money-to-see-about-600-million-active-monthly-users-via-visa-direct-integration">Elon Musk&#8217;s &#8216;X Money&#8217; To See About 600 Million Active Monthly Users Via Visa Direct Integration: &#8216;Excited To Partner,&#8217; Says CEO</a>
Price Action: Mastercard&#8217;s stock rose 3.14% on Thursday and advanced 0.29% to $567.66 per share in after-hours trading, whereas, the exchange-traded fund tracking S&amp;P 500, SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) was up 0.54% at $605.04.
Mastercard has a consensus ‘buy&#8217; with a price target of $542.84, according to the 34 analysts <a href="https://www.benzinga.com/quote/MA/analyst-ratings">tracked by Benzinga</a>. The high target is $654, and the low is $424. Recent ratings by Piper Sandler, Citigroup, and Oppenheimer suggest a $587.67 target, implying a 3.53% upside.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/MA/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="386" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/31032716/Mastercard-ANR-1024x386.png" alt="" class="wp-image-759681" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/31032716/Mastercard-ANR-1024x386.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/31032716/Mastercard-ANR-300x113.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/31032716/Mastercard-ANR-768x290.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/31032716/Mastercard-ANR.png 1060w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read Next:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43333849/microstrategy-is-a-lever-for-the-believer-says-mizuho-initiates-coverage-on-bitcoins-levered-play-with-an-outperform-rating" target="_blank" rel="noreferrer noopener">MicroStrategy Is A ‘Lever For The Believer,' Says Mizuho, Initiates Coverage On Bitcoin's Levered Play With An ‘Outperform' Rating</a></li>
</ul>
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Mastercard's Secret Weapon Against Fraud? A 40x Growth In This Security Tech

<h3>Companies Reporting Before The Bell</h3>
• Novartis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVS#NYSE">NVS</a>) is estimated to report quarterly earnings at $1.79 per share on revenue of $12.77 billion. 
• Zapp Electric Vehicles (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZAPP#NASDAQ">ZAPP</a>) is projected to report earnings for its Fiscal Year 2024. 
• Dorian LPG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LPG#NYSE">LPG</a>) is estimated to report quarterly earnings at $0.70 per share on revenue of $89.89 million. 
• Piper Sandler (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PIPR#NYSE">PIPR</a>) is projected to report quarterly earnings at $3.96 per share on revenue of $452.49 million. 
• WisdomTree (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WT#NYSE">WT</a>) is projected to report quarterly earnings at $0.18 per share on revenue of $111.06 million. 
• RBC Bearings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBC#NYSE">RBC</a>) is estimated to report quarterly earnings at $2.20 per share on revenue of $394.43 million. 
• OneMain Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMF#NYSE">OMF</a>) is projected to report quarterly earnings at $1.15 per share on revenue of $1.20 billion. 
• W.W. Grainger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>) is likely to report quarterly earnings at $9.74 per share on revenue of $4.24 billion. 
• Virtus Inv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRTS#NYSE">VRTS</a>) is likely to report quarterly earnings at $7.66 per share on revenue of $214.69 million. 
• Eaton Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETN#NYSE">ETN</a>) is expected to report quarterly earnings at $2.82 per share on revenue of $6.36 billion. 
• Imperial Oil (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/IMO#AMEX">IMO</a>) is likely to report quarterly earnings at $2.02 per share on revenue of $13.18 billion. 
• First Hawaiian (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FHB#NASDAQ">FHB</a>) is estimated to report quarterly earnings at $0.41 per share on revenue of $203.83 million. 
• Broadridge Financial Soln (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BR#NYSE">BR</a>) is estimated to report quarterly earnings at $1.35 per share on revenue of $1.57 billion. 
• Vestis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSTS#NYSE">VSTS</a>) is likely to report quarterly earnings at $0.12 per share on revenue of $688.89 million. 
• Exxon Mobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) is expected to report quarterly earnings at $1.79 per share on revenue of $88.23 billion. 
• Revvity (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RVTY#NYSE">RVTY</a>) is expected to report quarterly earnings at $1.38 per share on revenue of $730.10 million. 
• Janus Henderson Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JHG#NYSE">JHG</a>) is projected to report quarterly earnings at $0.97 per share on revenue of $683.02 million. 
• Church &amp; Dwight Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHD#NYSE">CHD</a>) is estimated to report quarterly earnings at $0.76 per share on revenue of $1.57 billion. 
• Aon (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AON#NYSE">AON</a>) is estimated to report quarterly earnings at $4.26 per share on revenue of $4.21 billion. 
• Badger Meter (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMI#NYSE">BMI</a>) is expected to report quarterly earnings at $1.07 per share on revenue of $201.60 million. 
• Franklin Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEN#NYSE">BEN</a>) is likely to report quarterly earnings at $0.56 per share on revenue of $2.73 billion. 
• Autoliv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALV#NYSE">ALV</a>) is expected to report quarterly earnings at $2.85 per share on revenue of $2.73 billion. 
• LyondellBasell Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYB#NYSE">LYB</a>) is likely to report quarterly earnings at $0.95 per share on revenue of $9.49 billion. 
• Phillips 66 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSX#NYSE">PSX</a>) is likely to report quarterly earnings at $0.94 per share on revenue of $35.07 billion. 
• Chevron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) is expected to report quarterly earnings at $2.40 per share on revenue of $48.68 billion. 
• Charter Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) is estimated to report quarterly earnings at $9.18 per share on revenue of $13.89 billion. 
• Brookfield Business (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBUC#NYSE">BBUC</a>) is likely to report earnings for its fourth quarter. 
• Brookfield Bus Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBU#NYSE">BBU</a>) is estimated to report earnings for its fourth quarter. 
• Brookfield Renewable (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEPC#NYSE">BEPC</a>) is likely to report quarterly loss at $0.36 per share on revenue of $2.01 billion. 
• Brookfield Renewable (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEP#NYSE">BEP</a>) is expected to report quarterly loss at $0.35 per share on revenue of $1.53 billion. 
• ArcBest (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARCB#NASDAQ">ARCB</a>) is estimated to report quarterly earnings at $1.12 per share on revenue of $1.01 billion. 
• Gentex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNTX#NASDAQ">GNTX</a>) is likely to report quarterly earnings at $0.48 per share on revenue of $598.58 million. 
• AbbVie (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABBV#NYSE">ABBV</a>) is estimated to report quarterly earnings at $2.98 per share on revenue of $14.81 billion. 
• Banco De Chile (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BCH#NYSE">BCH</a>) is projected to report quarterly earnings at $0.53 per share on revenue of $804.00 billion. 
• Booz Allen Hamilton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAH#NYSE">BAH</a>) is expected to report quarterly earnings at $1.51 per share on revenue of $2.86 billion. 
• Colgate-Palmolive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CL#NYSE">CL</a>) is likely to report quarterly earnings at $0.90 per share on revenue of $5.05 billion. 
<h3>Companies Reporting After The Bell</h3>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ABBV

ARCB

BBUC

BEPC

GNTX

Janus Henderson Group plc Ordinary Shares

PIPR

RVTY

VRTS

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ZAPP

Earnings Scheduled For January 31, 2025

President Donald Trump has resurfaced his old threat of imposing 100% tariffs on the BRICS nations via Truth Social, the social media platform owned by his company Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>). But this fund manager, while agreeing with his views asks how the will U.S. manage the production of essential goods.
What Happened: Trump, who had issued the 100% tariff threat earlier in December, <a href="https://www.benzinga.com/general/market-summary/24/12/42405749/bitcoin-far-more-of-a-threat-than-a-brics-reserve-currency-says-jeremy-siegel-find-it-curious-that-trump-championed-btc-at-100k">warned the BRICS nations again</a>, calling them &#8220;hostile,&#8221; for planning a combined BRICS currency.
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/31031532/Screenshot-2025-01-31-at-1.45.23%E2%80%AFPM-1024x348.png" alt="" class="wp-image-759658" /></figure>
Aditya Sesh, founder and managing director of Basiz Fund&nbsp;Services, told <a href="https://www.benzinga.com/">Benzinga</a> that the U.S. is justified in using tariffs to protect the dollar&#8217;s strength and promote reciprocal trade, aiming to boost American exports and improve negotiating leverage for the country.
However, Sesh out that &#8220;Assuming 100% tariffs are imposed, how will the U.S. manage production from Slippers to Ships? Will American factories come up so quickly, and if so, at what cost? What about the inflationary impact of consumables in the U.S. when imports become expensive? It will also impact not just the American capital markets but also global capital markets.&#8221;
Trump announced Thursday that the <a href="https://www.benzinga.com/government/regulations/25/01/43353698/trump-slaps-25-tariffs-on-canada-mexico-loonie-peso-slide-oil-climbs">U.S. will implement a 25% tariff </a>on imports from Canada and Mexico, effective Saturday, Feb. 1. The decision comes in line with Trump&#8217;s pledge to impose tariffs, citing concerns over illegal immigration, trade imbalances, and fentanyl trafficking from Canada and Mexico.
BRICS, an intergovernmental organization, comprises nine countries including Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates.
Trump, in his post, drew a firm line, demanding a commitment from these nations to abandon such efforts. He also suggested these nations find &#8220;another sucker nation&#8221; to trade with, emphasizing the importance of access to the US economy.
The statement expresses confidence that the BRICS nations will be unsuccessful in their attempts to displace the dollar in international trade. It concludes with a stark warning: any country that attempts to challenge the dollar&#8217;s position should expect a severed trading relationship with the U.S.
See Also: <a href="https://www.benzinga.com/25/01/43376448/elon-musks-x-money-to-see-about-600-million-active-monthly-users-via-visa-direct-integration">Elon Musk&#8217;s &#8216;X Money&#8217; To See About 600 Million Active Monthly Users Via Visa Direct Integration: &#8216;Excited To Partner,&#8217; Says CEO</a> 
Why It Matters: U.S. economists, back in December had questioned Trump&#8217;s views on this matter. Jeremy Siegel, in a <a href="http://-https://www.benzinga.com/general/market-summary/24/12/42405749/bitcoin-far-more-of-a-threat-than-a-brics-reserve-currency-says-jeremy-siegel-find-it-curious-that-trump-championed-btc-at-100k">note </a><a href="https://www.benzinga.com/general/market-summary/24/12/42405749/bitcoin-far-more-of-a-threat-than-a-brics-reserve-currency-says-jeremy-siegel-find-it-curious-that-trump-championed-btc-at-100k">dated</a> Dec. 9, 2024, argued that Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) posed a greater threat to the dollar&#8217;s reserve currency status than any BRICS initiative.
A senior economist at WisdomTree and former professor at the University of Pennsylvania, Siegel <a href="https://resources.wisdomtree.com/weekly-siegel-commentary/archive-december-9-2024">said</a> that he finds it contradictory that Trump threatens BRICS nations with tariffs for seeking a new reserve currency, while simultaneously supporting Bitcoin, a similar alternative global currency.
Similarly, in his X post dated Dec. 4, Peter Schiff, who is the chief economist and global strategist at Europac.com said that Trump has &#8220;the relationship backwards&#8221; and the BRICS nations are at a disadvantage, exchanging valuable goods for U.S. fiat currency, which is subject to inflation. The U.S. receives tangible products it cannot produce domestically, while the BRICS nations receive currency that loses value, he added.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">You have the relationship backwards. The BRICS nations are the suckers for accepting our fiat currency for their real consumer goods. We get actual products that make our lives better, that we lack the capacity to produce ourselves. All they get in return is our inflation.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1864269213696708985?ref_src=twsrc%5Etfw">December 4, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Meanwhile, the SPDR S&amp;P 500 ETF Trust (ARCA SPY) slipped in late trading Thursday as investors weighed the economic fallout from rising trade tensions between the longstanding
Read Next:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43333849/microstrategy-is-a-lever-for-the-believer-says-mizuho-initiates-coverage-on-bitcoins-levered-play-with-an-outperform-rating">MicroStrategy Is A ‘Lever For The Believer,' Says Mizuho, Initiates Coverage On Bitcoin's Levered Play With An ‘Outperform' Rating </a></li>
</ul>
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$BTC

After Imposing Tariffs On Canada, Donald Trump Threatens 100% Levy On BRICS For Move Against Dollar: 'How Will US Manage Production From Slippers To Ships?,' Asks Expert

Meiji Seika Pharma and ARCALIS Co., Ltd. (Headquarters: Minami-soma City, Fukushima Prefecture; President: Satoshi Takamatsu) have been working together to establish an infrastructure that enables the integrated production of pharmaceuticals, from active ingredients to final products, within Japan. With this approval, ARCALIS's Minami-soma facilities and Meiji Seika Pharmatech Co., Ltd., a subsidiary of Meiji Seika Pharma, have been added as manufacturing sites. The technology transfer was managed and implemented by CSL Seqirus, the global licensor of KOSTAIVE&#xAE;. As a result, domestically produced products, with active pharmaceutical ingredients manufactured at ARCALIS's Minami-soma facilities and formulated at Meiji Seika Pharmatech, are now able to be shipped for commercial use in Japan.
About ARCALIS
ARCALIS, Inc. is a joint venture company between Axcelead Inc. and Arcturus Therapeutics Inc., which owns a group of world-class drug-discovery and healthcare platform companies. The company provides drug discovery support, as well as a contract development and manufacturing business (CDMO business), for mRNA medicines and vaccines.

ARCT

Meiji Seika Pharma Secures Approval For Domestic Manufacturing Of KOSTAIVE, Japan's First Self-Amplifying mRNA COVID-19 Vaccine

<ul>
<li>New $138 million facility at GE HealthCare's Cork manufacturing site will enable 25 million more patient doses of contrast media per year by the end of 2027i</li>
<li>Demand for CT and X-Ray contrast media, used to enhance medical imaging procedures globally, is estimated to double in the next ten yearsii</li>
<li>Investment will create additional capacity to cater for growing demand, while offering increased flexibility and resiliency for security of supply</li>
</ul>

GEHC

GE HealthCare Expands Cork Facility With $138M Investment To Address Doubling Demand For Contrast Media

LODE

Reported Earlier, Comstock Fuels And SACL Finalize Commercial Agreements To Expand Lignocellulosic Biomass Refining In Asia-Pacific

<ul>
<li>-- JOURNAVX is the first and only approved non-opioid oral pain signal inhibitor and the first new class of pain medicine approved in more than 20 years --</li>
<li>-- JOURNAVX is an effective and well-tolerated medicine without evidence of addictive potential indicated for use across all types of moderate-to-severe acute pain</li>
</ul>

VRTX

Reported Earlier, Vertex Secures FDA Approval For JOURNAVX (Suzetrigine), Pioneering The First Non-Opioid Pain Signal Inhibitor For Acute Pain

EV giant Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) had 125,665 employees as of December end, down 10.5% year-on-year, following a layoff in April, the company said in a new filing.
What Happened: As of Dec. 31, 2023, Tesla's headcount worldwide was at 140,473, according to the company&#8217;s annual report. 
In April 2024, Tesla laid off 10% of its global workforce, which seemingly impacted over 14,000 employees. Several then-senior Tesla executives, including Rohan Patel,&nbsp;Drew Baglino, and Rebecca Tinucci subsequently left the company. 
Tesla&#8217;s employee headcount has been rising steadily from 2019 till 2023. The global layoff created a year-on-year drop in employee headcount for the first time after 2019. 
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="710" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/31013005/1lVnl-employee-headcount-as-of-year-end-1024x710.png" alt="" class="wp-image-759492" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/31013005/1lVnl-employee-headcount-as-of-year-end-1024x710.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/31013005/1lVnl-employee-headcount-as-of-year-end-300x208.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/31013005/1lVnl-employee-headcount-as-of-year-end-768x533.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/31013005/1lVnl-employee-headcount-as-of-year-end.png 1240w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Why It Matters: Tesla also reported its first drop in global EV deliveries in over a decade in 2024. Tesla reported global&nbsp;<a href="https://www.benzinga.com/trading-ideas/movers/25/01/42766117/tesla-stock-tumbles-on-q4-deliveries-whats-going-on" target="_blank" rel="noreferrer noopener">deliveries of 1.79 million</a>&nbsp;vehicles in 2024, down from full-year deliveries of 1.81 million in 2023.
Tesla stock rose after hours on Wednesday despite the company reporting revenue and&nbsp;<a href="https://www.benzinga.com/tech/25/01/43326143/tesla-stock-rises-5-after-hours-on-fsd-and-new-vehicle-promises-despite-q4-revenue-miss" target="_blank" rel="noreferrer noopener">earnings below expectations</a>. 
The company promised new and affordable models this year and said that it would start testing its autonomous ride-hailing service in Texas in June with vehicles deployed with its full self-driving (FSD) driver assistance technology, driving investor sentiment.
Tesla stock closed up 2.9% at $400.28 on Thursday, according to&nbsp;<a href="https://pro.benzinga.com/dashboard" target="_blank" rel="noreferrer noopener">data from Benzinga Pro.</a>&nbsp;
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/43327837/tesla-ceo-elon-musk-dismises-lidar-again-says-if-humans-drive-without-shooting-lasers-from-their-eyes-so-can-autonomous-cars" target="_blank" rel="noreferrer noopener">Tesla CEO Elon Musk Dismisses LiDAR Again: ‘Humans Drive Without Shooting Lasers Out Of Their Eyes'</a></li>
</ul>
Image via Shutterstock

TSLA

Tesla Reports Over 10% Employee Reduction By Year-End Following April Layoffs

Fiscal Year 2024 Financial Overview
<ul>
<li>Revenue was $521,241 in fiscal year 2024, compared to $895,978 in fiscal year 2023.</li>
<li>Gross profit was $341,593 in fiscal year 2024, compared to $543,302 in fiscal year 2023.</li>
<li>Gross margin was 66% in fiscal year 2024, an increase from 61% in fiscal year 2023.</li>
<li>Net loss was $1.3 million in fiscal year 2024, compared to $2.3 million in fiscal year 2023.</li>
</ul>

YAAS

Reported Thursday, Youxin Technology 2024 EPS (0.04) Up From ($0.09) YoY; Revenues $521,241 Down From $895,978 YoY

Metsera's common stock is expected to begin trading on the Nasdaq Global Select Market under the ticker symbol "MTSR" on January 31, 2025. The offering is expected to close on February 3, 2025, subject to satisfaction of customary closing conditions.

Reported Earlier, Metsera Prices $275M Initial Public Offering Of 15,277,778 Common Shares At $18/ Share

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