Gov. Gavin Newsom (D-CA) on Thursday criticized the President Donald Trump Administration’s decision to introduce a $250 bill featuring a portrait of the President. $1 Trillion Bill In a post on the social media platform X, Newsom’s official Press Office handle touted a new “$1 trillion bill” featuring Newsom and “bff Elon Musk!” Trump Admin Touts $250 Bill During a Press Briefing by Treasury Secr...
Gov. Gavin Newsom (D-CA) on Thursday criticized the President Donald Trump Administration’s decision to introduce a $250 bill featuring a portrait of the President. $1 Trillion Bill In a post on the social media platform X, Newsom’s official Press Office handle touted a new “$1 trillion bill” featuring Newsom and “bff Elon Musk!” Trump Admin Touts $250 Bill During a Press Briefing by Treasury Secretary Scott Bessent, Bessent said that the Treasury was preparing in case a bill in the House of Representatives was passed that would allow living persons to be featured on currency notes. The bill has been introduced by Rep. Joe Wilson (R-SC). The bill seeks to “amend the Federal Reserve Act to require the Secretary of the Treasury to print $250 Federal reserve notes featuring a portrait of Donald J. Trump, and for other purposes.” Meanwhile, the President’s approval rating fell to 39%, according to a new poll by Emerson College. The rating is a new record low for Trump following his second term at the White House since January 2025. Check out more of Benzinga’s Future Of Mobility coverage by following this link. Photo courtesy: Mijansk786 on Shutterstock.com
The current Ebola outbreak, which is centred in the the east of DR Congo, is suspected to have caused at least 220 deaths and more than 900 infections so far, the Congolese authorities say. There have also been seven cases and one death in Uganda.
The current Ebola outbreak, which is centred in the the east of DR Congo, is suspected to have caused at least 220 deaths and more than 900 infections so far, the Congolese authorities say. There have also been seven cases and one death in Uganda.
Bitcoin (BTC +0.55%) is down more than 40% since its apex in early October 2025, leaving investors in pain precisely as many other global assets and markets are surging. As a result of this disconnect, crypto investors are tossing around three arguments why Bitcoin might be finished -- and for real this time -- despite the fact that all of the vast (and counting) number of prior predictions of its...
Bitcoin (BTC +0.55%) is down more than 40% since its apex in early October 2025, leaving investors in pain precisely as many other global assets and markets are surging. As a result of this disconnect, crypto investors are tossing around three arguments why Bitcoin might be finished -- and for real this time -- despite the fact that all of the vast (and counting) number of prior predictions of its demise have turned out to be false. Let's unpack all three to determine if the king of crypto is actually starting to lose its throne. 1. The "one buyer" problem Bitcoin was originally envisioned as an independent and neutral store of value that governments couldn't print more of, and which powerful groups or individuals would struggle to control. But some people had other ideas about what to do with it, and that's becoming a bit of an issue. Strategy (MSTR 1.66%), the Bitcoin treasury company formerly known as MicroStrategy, holds 843,738 bitcoins today, or about 4% of the maximum supply; it aspires to hold 1 million bitcoins in total. Expand NASDAQ : MSTR Strategy Today's Change ( -1.66 %) $ -2.56 Current Price $ 151.64 Key Data Points Market Cap $53B Day's Range $ 144.30 - $ 153.64 52wk Range $ 104.17 - $ 457.22 Volume 70.5K Avg Vol 18.3M Gross Margin 68.11 % If one entity is doing most of the heavy lifting when it comes to purchasing the coin, what happens when it stops? The answer could be that Bitcoin becomes a lot less valuable, especially if a cessation of purchases gives way to selling. On that note, Strategy's executive chairman even hinted recently that the company might sell some of its holdings for the first time. But the truth is that this concern is overstated, and it isn't a reason to think that Bitcoin is actually dead. Strategy's demand accounts for just 7% to 9% of net Bitcoin inflows, which is hardly a threatening monopoly. A bigger red flag may be how poorly Bitcoin exchange-traded funds (ETFs) have performed recently; spot ETFs tracking the coin had $...
Key Points Crypto investors have identified a handful of arguments for why Bitcoin might be dead. Those arguments each have a grain of truth. History suggests the coin will recover eventually, but there's no guarantee. 10 stocks we like better than Bitcoin › Bitcoin (CRYPTO: BTC) is down more than 40% since its apex in early October 2025, leaving investors in pain precisely as many other global as...
Key Points Crypto investors have identified a handful of arguments for why Bitcoin might be dead. Those arguments each have a grain of truth. History suggests the coin will recover eventually, but there's no guarantee. 10 stocks we like better than Bitcoin › Bitcoin (CRYPTO: BTC) is down more than 40% since its apex in early October 2025, leaving investors in pain precisely as many other global assets and markets are surging. As a result of this disconnect, crypto investors are tossing around three arguments why Bitcoin might be finished -- and for real this time -- despite the fact that all of the vast (and counting) number of prior predictions of its demise have turned out to be false. Let's unpack all three to determine if the king of crypto is actually starting to lose its throne. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » 1. The "one buyer" problem Bitcoin was originally envisioned as an independent and neutral store of value that governments couldn't print more of, and which powerful groups or individuals would struggle to control. But some people had other ideas about what to do with it, and that's becoming a bit of an issue. Strategy (NASDAQ: MSTR), the Bitcoin treasury company formerly known as MicroStrategy, holds 843,738 bitcoins today, or about 4% of the maximum supply; it aspires to hold 1 million bitcoins in total. If one entity is doing most of the heavy lifting when it comes to purchasing the coin, what happens when it stops? The answer could be that Bitcoin becomes a lot less valuable, especially if a cessation of purchases gives way to selling. On that note, Strategy's executive chairman even hinted recently that the company might sell some of its holdings for the first time. But the truth is that this concern is overstated, and it isn't a reason to think that Bitcoin is act...
Luis Alvarez/DigitalVision via Getty Images After the bell on Thursday, we received fiscal first quarter results from PagerDuty ( PD ) for its April ending quarter. Going into the report, the digital operations management platform had seen its shares lose more than half of their value over the past year, despite US markets racing to new highs. While shares jumped as revenues beat expectations and ...
Luis Alvarez/DigitalVision via Getty Images After the bell on Thursday, we received fiscal first quarter results from PagerDuty ( PD ) for its April ending quarter. Going into the report, the digital operations management platform had seen its shares lose more than half of their value over the past year, despite US markets racing to new highs. While shares jumped as revenues beat expectations and the company announced a new buyback plan, many of the firm's key customer metrics continue to struggle. Previous coverage of the name The last time I looked at PagerDuty was back in late February, at a time when a major supporter was selling as revenue estimates were continuing to fall . Cathie Wood has since fully exited her PagerDuty positions in both the ARK Innovation ETF ( ARKK ) and the ARK Next Generation Internet ETF ( ARKW ). However, PagerDuty shares have risen almost 20% since, almost double the S&P 500's gain over that time. A look at the Q1 results For the first fiscal period of 2027, PagerDuty reported revenues that were just under $121 million. This was a little less than 1% growth over the prior year period, the lowest I've ever seen with this company, but it did beat street estimates for $119.37 million. A GAAP operating profit of more than $9 million was reported for the quarter, a major reversal from the $10 million plus loss a year earlier. Non-GAAP operating income also improved, but not as much, from $24.4 million to $29.7 million. The problem I have with this name is that the majority of the company's customer metrics continue to show major trouble. Annual recurring revenue ("ARR") was flat over the past 12 months, whereas a year ago it had risen by $33 million, or more than 7.1% growth. The number of customers with over $100,000 in ARR saw its fourth sequential decline in the past five quarters. As these numbers weaken, the company recently announced it was bringing in an experienced enterprise executive to be its next CEO . After 10 years at the hel...
Fidelis Capital Partners LLC increased its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 23.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,107 shares of the chip maker's stock after acquiring an additional 5,352 shares during the quarter. Fidelis Capital Partners LLC's holdings in Intel were wort...
Fidelis Capital Partners LLC increased its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 23.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,107 shares of the chip maker's stock after acquiring an additional 5,352 shares during the quarter. Fidelis Capital Partners LLC's holdings in Intel were worth $1,037,000 at the end of the most recent quarter. Other institutional investors have also modified their holdings of the company. Legacy Bridge LLC acquired a new position in shares of Intel in the 4th quarter valued at $26,000. Raleigh Capital Management Inc. acquired a new position in shares of Intel in the 4th quarter valued at $29,000. HighMark Wealth Management LLC increased its holdings in shares of Intel by 177.7% in the 4th quarter. HighMark Wealth Management LLC now owns 886 shares of the chip maker's stock valued at $33,000 after acquiring an additional 567 shares during the period. Provenance Wealth Advisors LLC increased its holdings in shares of Intel by 89.2% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker's stock valued at $32,000 after acquiring an additional 446 shares during the period. Finally, Winch Advisory Services LLC increased its holdings in shares of Intel by 28.3% in the 4th quarter. Winch Advisory Services LLC now owns 966 shares of the chip maker's stock valued at $36,000 after acquiring an additional 213 shares during the period. 64.53% of the stock is owned by institutional investors and hedge funds. Get Intel alerts: Sign Up Insider Activity at Intel In other Intel news, EVP Boise April Miller sold 40,256 shares of the business's stock in a transaction on Friday, May 1st. The shares were sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the sale, the executive vice president directly owned 105,077 shares in the company, valued at approximately $10,458,313.81. The...
Wolterk/iStock Editorial via Getty Images The following segment was excerpted from the Baron Real Estate Income Fund Q1 2026 Shareholder Letter . During the quarter, we reestablished a position in Public Storage Incorporated ( PSA ), the best-in-class self-storage REIT with a portfolio of more than 3,500 U.S. properties. We had been cautious about self-storage for several years, given a prolonged ...
Wolterk/iStock Editorial via Getty Images The following segment was excerpted from the Baron Real Estate Income Fund Q1 2026 Shareholder Letter . During the quarter, we reestablished a position in Public Storage Incorporated ( PSA ), the best-in-class self-storage REIT with a portfolio of more than 3,500 U.S. properties. We had been cautious about self-storage for several years, given a prolonged period of flat-to-negative growth. Our view has shifted. Recent due diligence suggests a fundamental inflection may be approaching — one where stabilizing demand and rents, combined with declining new supply, could drive a reacceleration in growth beginning in 2026. Our optimism rests on five pillars: A more pronounced inflection than the industry. Beyond benefiting from a broader self-storage recovery, Public Storage is poised to lap several discrete headwinds that weighed on 2025 results — amplifying the potential earnings rebound. Ongoing acquisitions and development provide additional accretion. An inherently attractive business model. Self-storage benefits from less cyclical demand — a meaningful portion is effectively nondiscretionary — combined with strong pricing power on existing customers (the hassle of moving outweighs the monthly cost of staying) and low capital intensity. These characteristics make it a durable compounder across cycles. Scale advantages that compound over time. Large institutional operators like Public Storage command higher occupancy and rents than smaller competitors, driven by superior data analytics, technology, revenue management systems, and access to capital. We expect these advantages to widen as AI tools are applied across an increasing number of self-storage business functions. PSA4.0 — a credible new chapter. Public Storage recently unveiled PSA4.0, framed as a new era of leadership, growth, and value creation. The initiative encompasses favorable leadership transitions, a data-sharing partnership with Welltower to sharpen capital al...
PGIM economist Katharine Neiss weighs the impact of inflation data on European Central Bank policy as consumer prices in France and Spain accelerated to the fastest level since 2024. "My base case is that the ECB will hike 25 basis points at their June meeting," Neiss says on Bloomberg Television. (Source: Bloomberg)
PGIM economist Katharine Neiss weighs the impact of inflation data on European Central Bank policy as consumer prices in France and Spain accelerated to the fastest level since 2024. "My base case is that the ECB will hike 25 basis points at their June meeting," Neiss says on Bloomberg Television. (Source: Bloomberg)