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Markets https://www.benzinga.com/views/taxonomy/term/2 en Peter Thiel Buys $12 Million Mansion In Argentina As Javier Milei Woos Silicon Valley: Report https://www.benzinga.com/real-estate/26/04/52050372/peter-thiel-buys-12-million-mansion-in-argentina-as-javier-milei-woos-silicon-valley-report?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel <p><strong>PayPal </strong><a class="ticker-link" data-ticker="PYPL" data-exchange="NASDAQ" href="https://www.benzinga.com/quote/PYPL" target="_blank" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/PYPL">PYPL</a>)</a> co-founder and<strong> Palantir Technologies</strong> <a class="ticker-link" data-ticker="PLTR" data-exchange="NASDAQ" href="https://www.benzinga.com/quote/PLTR" target="_blank" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/PLTR">PLTR</a>)</a> Chairman<strong> Peter Thiel</strong> has reportedly acquired a landmark estate in Buenos Aires’ ultra-exclusive Palermo Chico enclave for about $12 million, resetting the residential price ceiling for the Barrio Parque submarket.</p> <p>The 17,200-square-foot property, originally designed by revered Argentine architect <strong>Alejandro Bustillo</strong>, features a French Academic facade, six en-suite bedrooms, and a marble staircase, Forbes Argentina <a href="https://www.forbesargentina.com/negocios/como-mansion-us-12-millones-compro-magnate-tech-peter-thiel-n89726">reported</a> on Thursday. </p> <p>The deal was handled by boutique firm <strong>JdC Propiedades</strong>.</p> <h2 class="wp-block-heading">Milei Alignment Fuels Broader Investment Play</h2> <p>The acquisition follows reported meetings between Thiel and Argentina’s President <strong>Javier Milei</strong>. Thiel has ...</p><p><a href=https://www.benzinga.com/real-estate/26/04/52050372/peter-thiel-buys-12-million-mansion-in-argentina-as-javier-milei-woos-silicon-valley-report?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel alt=Peter Thiel Buys $12 Million Mansion In Argentina As Javier Milei Woos Silicon Valley: Report>Full story available on Benzinga.com</a></p> javier milei Latin America News Peter Thiel PLTR PYPL Global Markets Personal Finance Real Estate PYPL PLTR News Latin America Global Markets Personal Finance Real Estate Benzinga Sat, 25 Apr 2026 05:45:42 +0000 Mohd Haider 52050372 at https://www.benzinga.com Nvidia Tops $5 Trillion Market Cap As AI Boom Lifts Intel, AMD And Chip Stocks: 'Own It, Don't Trade It,' Says Jim Cramer https://www.benzinga.com/markets/tech/26/04/52050283/nvidia-tops-5-trillion-market-cap-as-ai-boom-lifts-intel-amd-and-chip-stocks-own-it-dont-trade-it-sa?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel <p>On Friday, <strong>Nvidia Corp</strong> <a class="ticker-link" data-ticker="NVDA" data-exchange="NASDAQ" href="https://www.benzinga.com/quote/NVDA" target="_blank" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/NVDA">NVDA</a>)</a> shares gained 4.32%, pushing the chip designer’s valuation past $5 trillion as a fresh wave of AI-driven optimism lifted semiconductor stocks across the board.</p> <h2 class="wp-block-heading"><strong>AI Demand Fuels Nvidia's Historic Rally</strong></h2> <p>Shares of Nvidia closed at $208.27 on Friday, marking their first record close since October. Year-to-date, Nvidia is up 10.28%, while over the past 12 months it has risen 95.68%, according to Benzinga Pro.</p> <p>Nvidia's graphics processing <a href="https://www.benzinga.com/markets/tech/26/02/50565823/amazon-google-and-others-are-pouring-700-billion-into-ai-capex-top-analyst-explains-why-this-makes-it-hard-to-bet-against-nvidia">units remain central to AI infrastructure</a>, powering services at <strong>Microsoft Corp</strong> <a class="ticker-link" data-ticker="MSFT" data-exchange="NASDAQ" href="https://www.benzinga.com/quote/MSFT" target="_blank" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/MSFT">MSFT</a>)</a>, <strong>Amazon.com, Inc.</strong> <a class="ticker-link" data-ticker="AMZN" data-exchange="NASDAQ" href="https://www.benzinga.com/quote/AMZN" target="_blank" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/AMZN">AMZN</a>)</a>, <strong>Meta Platforms, Inc. </strong><a class="ticker-link" data-ticker="META" data-exchange="NASDAQ" href="https://www.benzinga.com/quote/META" target="_blank" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/META">META</a>)</a> and <strong>Alphabet Inc.</strong>'s <a class="ticker-link" data-ticker="GOOG" data-exchange="NASDAQ" href="https://www.benzinga.com/quote/GOOG" target="_blank" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/GOOG">GOOG</a>)</a> <a class="ticker-link" data-ticker="GOOGL" data-exchange="NASDAQ" href="https://www.benzinga.com/quote/GOOGL" target="_blank" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/GOOGL">GOOGL</a>)</a> <strong>Google</strong>, as well as AI developers like<strong> OpenAI</strong> and <strong>Anthropic</strong>.</p> <p>Despite its dominance, <a href="https://www.benzinga.com/markets/tech/25/12/49472968/google-enlists-meta-to-cut-nvidia-reliance">Nvidia faces mounting competition</a>. Alphabet is developing in-house AI chips aimed at reducing reliance on Nvidia's hardware, potentially reshaping the competitive landscape.</p> <div class="bz-read-next-block"<br /> data-variant="card"<br /> data-news-mode="manual" <p> ></p> <p> <strong><br /> Read Also:<br /> <a href="https://www.benzinga.com/markets/tech/26/04/52022171/intel-ceo-lip-bu-tan-tesla-14a-chips-elon-musk-partnership-excited" target="_blank" rel="noopener"><br /> Intel CEO Lip-Bu Tan Is Excited ...</a></strong></p></div><p><a href=https://www.benzinga.com/markets/tech/26/04/52050283/nvidia-tops-5-trillion-market-cap-as-ai-boom-lifts-intel-amd-and-chip-stocks-own-it-dont-trade-it-sa?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel alt=Nvidia Tops $5 Trillion Market Cap As AI Boom Lifts Intel, AMD And Chip Stocks: 'Own It, Don't Trade It,' Says Jim Cramer>Full story available on Benzinga.com</a></p> AI Chips AMD AMZN Earnings Equities FTXL GOOG GOOGL Large Cap META MSFT News NVDA QCOM SMH SOXX Jim Cramer Movers & Shakers Hot Markets Tech SMH US8166362033 AMZN US0231351067 GOOG US38259P7069 MSFT US5949181045 NVDA US67066G1040 QCOM US7475251036 AMD US0079031078 SOXX US4642875235 GOOGL US38259P5089 FTXL META News Earnings Equities Large Cap Movers & Shakers Hot Markets Tech Benzinga Sat, 25 Apr 2026 04:17:11 +0000 Ananya Gairola 52050283 at https://www.benzinga.com Strait Of Hormuz May Stay Shut Until Second Half Of 2026 Amid Middle East, Baker Hughes CFO Says https://www.benzinga.com/markets/earnings/26/04/52050268/strait-of-hormuz-may-stay-shut-until-second-half-of-2026-amid-middle-east-baker-hughes-cfo-says?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel <p><strong>Baker Hughes Co. </strong><a class="ticker-link" data-ticker="BKR" data-exchange="NASDAQ" href="https://www.benzinga.com/quote/BKR" target="_blank" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/BKR">BKR</a>)</a> is factoring a prolonged <strong>Strait of Hormuz </strong>closure into its financial guidance, with CFO <strong>Ahmed Moghal</strong> telling investors Friday the waterway may not fully reopen until the second half of the year.</p> <p>“There’s still a great deal of uncertainty regarding, ultimately, the duration and depth of the conflict,” Moghal said on the company’s first-quarter earnings call. </p> <p>CEO<strong> Lorenzo Simonelli </strong>also said that geopolitical risk is now an enduring feature of oil and gas markets. He noted that the shutdown has removed about 10% of global oil supply and disrupted roughly 20% of global LNG output, calling it the biggest oil supply disruption ever recorded. He added that these conditions are likely to result in “persistent risk premiums” in the market.</p> <h2 class="wp-block-heading">Q1 Results Beat Estimates</h2> <p>Baker Hughes reported its first-quarter results for the period ended March 31, showing <a href="https://www.benzinga.com/markets/earnings/26/04/52041180/oilfield-giant-baker-hughes-defies-middle-east-chaos-with-stellar-earnings-beat">revenue of $6.6 billion</a>, a 2% increase ...</p><p><a href=https://www.benzinga.com/markets/earnings/26/04/52050268/strait-of-hormuz-may-stay-shut-until-second-half-of-2026-amid-middle-east-baker-hughes-cfo-says?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel alt=Strait Of Hormuz May Stay Shut Until Second Half Of 2026 Amid Middle East, Baker Hughes CFO Says>Full story available on Benzinga.com</a></p> benzai BKR Earnings Middle East News Strait of Hormuz Guidance Commodities Global Markets BKR US0571491069 News Earnings Guidance Commodities Global Markets Benzinga Sat, 25 Apr 2026 04:10:58 +0000 Mohd Haider 52050268 at https://www.benzinga.com Full Transcript: First Hawaiian Q1 2026 Earnings Call https://www.benzinga.com/insights/news/26/04/52050217/full-transcript-first-hawaiian-q1-2026-earnings-call?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel <p>First Hawaiian (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/FHB">FHB</a>) held its first-quarter earnings conference call on Friday. Below is the complete transcript from the call.</p> <p>This transcript is brought to you by Benzinga APIs. For real-time access to our entire catalog, please visit <a href='https://www.benzinga.com/apis/' target='_blank' rel='noopener noreferrer'>https://www.benzinga.com/apis/</a> for a consultation.</p> <p>View the webcast at <a href='https://edge.media-server.com/mmc/p/u73rxu4c/' target='_blank' rel='noopener noreferrer'>https://edge.media-server.com/mmc/p/u73rxu4c/</a></p> <h2>Summary</h2> <p>First Hawaiian Inc reported a strong start to 2026 with growth in loans and deposits and solid credit quality.</p> <p>The company maintained a return on average tangible assets of 1.2% and return on average tangible equity of 15.3% in Q1.</p> <p>There was a repurchase of approximately 1.3 million shares at a cost of $32 million.</p> <p>Total loans increased by $128 million, driven by growth in commercial real estate and commercial and industrial loans.</p> <p>Net interest income was $167.5 million with a net interest margin of 3.19%, expected to increase slightly in the next quarter.</p> <p>Non-interest income declined due to lower BOLI income and swap fee activity, viewed as timing-related.</p> <p>The bank maintained strong credit performance with a $5 million provision for credit losses and an increase in allowance for credit losses.</p> <p>First Hawaiian Inc expects full-year loan growth between 3% to 4% and non-interest income around $220 million.</p> <p>The company emphasizes community support following recent natural disasters in Hawaii and Guam.</p> <p>Management highlights a stable employment rate and steady growth in tourism and the housing market.</p> <h2>Full Transcript</h2> <p><strong>OPERATOR</strong></p> <p>Good day and thank you for standing by. Welcome to the first Hawaiian Inc. Q1 2026 earnings conference call. At this time all participants are in a listen only mode. Please be advised that today's conference is being recorded. After the speaker's presentation, there will be a question and answer session. To ask a question, please press Star one one on your telephone and wait for your name to be announced. To withdraw your question, please press Star one one again. I would now like to hand the conference over to your speaker today, Kevin Hasayama, Investor Relations Manager.</p> <p><strong>Kevin Hasayama (Investor Relations Manager)</strong></p> <p>thank you Josh and thank you everyone for joining us as we review our financial results for the first quarter of 2026. With me today are Bob Harrison, Chairman, President and CEO, Jamie Moses, Chief Financial Officer and Lee Nakamura, Chief Risk Officer. We have prepared a slide presentation that we will refer to in our remarks today. The presentation is available for downloading and viewing on our website at fhb.com in the Investor Relations section. During today's call we will be making forward looking statements, so Please refer to Slide 1 for our safe harbor statement. We may also discuss certain non GAAP financial measures. The appendix to this presentation contains reconciliations of these non GAAP financial measurements through the most directly comparable GAAP measurements. And now I'll turn the call over to Bob thank you everyone for joining us today. I wanted to start by sharing our support for the communities impacted by the recent flooding in Hawaii from the Kona Low storms and Typhoon Sinlaku in Guam and Saipan. It's really important for us to support our communities and we are actively providing relief and support to help our customers and those affected in the relative communities. Moving on to an outlook, the statewide unemployment rate remained relatively stable at 2.2% in January. That compares to the national rate at 4.3% for the same month through February. Total visitor arrivals were up 7.1% compared to last year, primarily due to more visitors from the US Mainland and Japan. Year to date spending through February was $4.2 billion, up 14.8% compared to 2025 levels for the same period. At this point, it's too soon to know how tourism and the local economy might be impacted by the recent global events. The housing market remains stable with the median single family home sales price on Oahu in March at $1.2 million, up 3.4% from the and the medium condo sales price on Oahu in March was $510,000, up 2% from the prior year. Turning to Slide 2, we had a strong start to the year. Loans and Deposits grew, credit quality remained solid and we remained well capitalized. Our return on average tangible assets of 1.2% and return on average tangible equity of 15.3% for the first quarter. The effective tax rate for the first quarter was 22.5%. Turning to Slide 3, the balance sheet remains solid as we continue to be well capitalized with ample liquidity. We remain asset sensitive and well positioned to benefit from a higher for longer rate scenario. During the quarter we repurchased about 1.3 million shares at a cost of $32 million. Turning to slide 4, total loans grew over 128 million in the quarter, up 3.6% on an annualized basis. We had good growth in CRE and CNI loans, partially offset by runoff in residential loan portfolio and payoffs in the construction loan portfolio. Some of the growth in the CRE portfolio and decline in construction portfolio were due to completed construction projects converting to permanent financing. Now I'll turn it over to Jamie.</p> <p><strong>Bob Harrison (Chairman, President, and CEO)</strong></p> <p>Thanks, Bob. Turning to Slide 5, we delivered solid deposit momentum in the prior year and quarter with total deposits increasing by 262 million, driven primarily by growth in public operating balances. Retail and commercial deposits were modestly higher and importantly did not experience the prior year and typical seasonal outflows we have seen at the prior year and start of prior years which we view as a positive signal. Public deposits increased $244 million reflecting higher operating account balances. We continue to see meaningful improvement in funding costs with the first quarter total cost of deposits declining 7 basis points to 1.22%. Our non interest bearing deposit ratio remained healthy at 31%, reinforcing the first quarter strength and stability of our core funding base. On slide 6, net interest income for the first quarter was $167.5 million, down $2.8 million from last quarter. Net interest margin was 3.19%, a decline of 2 basis points sequentially. This reflects the full quarter impact of the December rate cut. As we look ahead, we expect the balance sheet repricing story to continue throughout the year. Turning to slide 7, non interest income totaled $52.8 million for the first quarter. The decline from last quarter was primarily attributed to lower BOLI income and swap fee activity which we view as timing related rather than structural. Non interest expense was $127.9 million and there were no material, unusual or non recurring items in the first quarter. Our expense profile remains well controlled and aligned with our full year outlook. With that, I'll turn it over to Lee to review our credit performance.</p> <p><strong>Jamie Moses (Chief Financial Officer)</strong></p> <p>Thank you, Jamie. Moving to Slide 8, the bank continued to maintain its Strong credit performance and healthy credit metrics in the first quarter quarter credit risk remains low, stable and well within our expectations. Overall, we're not observing any broad signs of weakness across either the consumer or commercial books Criticized assets decreased by 21 basis points and nonperforming assets and loans 90 days or more past due were 30 basis points of total loans and leases down 1 basis point from the prior quarter resulting from a decrease in dealer flooring non accruals quarter to date. Net charge offs were $4.9 million or 14 basis points of average loans and leases unchanged from the fourth quarter. The bank recorded a $5 million provision. In the first quarter. The allowance for credit losses increased by just under $1,000,000 to $169,000,000. With a coverage ratio of 1.17% of total loans and leases. We believe that we are conservatively reserved and ready for a wide range of outcomes.</p> <p><strong>Lee Nakamura (Chief Risk Officer)</strong></p> <p>Thanks, lee. Turning to slide 9, we have updated our outlook for key performance drivers. We continue to expect full year loan growth to be in the 3% to 4% range. With the markets now expecting no rate cuts this year, we have revised our full year NIM outlook to be in the 3.22 to 3.23 range. We expect second quarter NIM to be up 2 to 3 basis points from ...</p><p><a href=https://www.benzinga.com/insights/news/26/04/52050217/full-transcript-first-hawaiian-q1-2026-earnings-call?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel alt=Full Transcript: First Hawaiian Q1 2026 Earnings Call>Full story available on Benzinga.com</a></p> Earnings Conference Call Transcripts FHB News Markets Trading Ideas FHB News Markets Trading Ideas Benzinga Sat, 25 Apr 2026 03:24:08 +0000 Benzinga Insights 52050217 at https://www.benzinga.com Ken Griffin Threatens To Halt $6 Billion NYC Project After Mayor Mamdani's 'Tax-The-Rich' Video Targets His Penthouse: Report https://www.benzinga.com/personal-finance/tax/26/04/52050201/ken-griffin-threatens-to-halt-6-billion-nyc-project-after-mayor-mamdanis-tax-the-rich-video-?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel <p><strong>Ken Griffin </strong>is reportedly pushing back hard after New York City Mayor <strong>Zohran Mamdani</strong> used the <strong>Citadel </strong>CEO’s $238 million Manhattan penthouse as a prop in a ‘tax-the-rich' campaign video.</p> <p>In a Thursday email <a href="https://www.wsj.com/us-news/ken-griffin-pushes-back-after-mamdani-features-his-238-million-penthouse-in-tax-the-rich-video-8a78afd3">reviewed</a> by The Wall Street Journal, Citadel COO <strong>Gerald Beeson</strong> warned the firm may not proceed with the $6 billion redevelopment of 350 Park Avenue, a project projected to generate 6,000 construction jobs and support more than 15,000 permanent positions.</p> <p>Mamdani, a Democratic socialist, was filmed Apr. 15 outside Griffin's 220 Central Park South penthouse, a 2019 purchase that set a U.S. record, to promote a proposed pied-à-terre tax on luxury second homes worth over $5 million. </p> <p>A pied-à-terre tax is an annual surcharge on high-value residential properties not used as a primary residence, designed to discourage vacant luxury homes and generate municipal revenue.</p> <p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><br /> <div class="wp-block-embed__wrapper"> <blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr">Happy Tax Day, New York. We're taxing the rich. <a href="https://t.co/Wky2LFXC9W">pic.twitter.com/Wky2LFXC9W</a></p> <p>— Mayor Zohran Kwame Mamdani (@NYCMayor) <a href="https://twitter.com/NYCMayor/status/2044508902809628760?ref_src=twsrc%5Etfw">April 15, 2026</a></p></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div> <p></p></figure></p> <h2 class="wp-block-heading"><strong>Political Risk Meets Economic Clout</strong></h2> <p>According to The Wall Street Journal, Beeson wrote that over the past five years, Citadel principals and team members, including nonresidents, have paid nearly $2.3 billion in city and state taxes. He ...</p><p><a href=https://www.benzinga.com/personal-finance/tax/26/04/52050201/ken-griffin-threatens-to-halt-6-billion-nyc-project-after-mayor-mamdanis-tax-the-rich-video-?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel alt=Ken Griffin Threatens To Halt $6 Billion NYC Project After Mayor Mamdani's 'Tax-The-Rich' Video Targets His Penthouse: Report>Full story available on Benzinga.com</a></p> Bill Ackman citadel Government Ken Griffin Kevin O'Leary News zohran mamdani Politics Treasuries Economics Markets News Government Politics Treasuries Economics Markets Benzinga Sat, 25 Apr 2026 03:08:21 +0000 Mohd Haider 52050201 at https://www.benzinga.com Bernie Sanders Blasts Trump Family's 'Unprecedented Kleptocracy' As Crypto Tops List Of Deals: 'Made $4 Billion Off The Presidency' (UPDATED) https://www.benzinga.com/crypto/cryptocurrency/26/04/52021690/bernie-sanders-blasts-trump-familys-unprecedented-kleptocracy-as-crypto-tops-list-of-deals-?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel <p><em>(Editor’s note: The story has been updated to include White House’s response.)</em></p> <p>Sen. <strong>Bernie Sanders</strong> (I-VT) sharply criticized the Trump family’s reported profiteering from cryptocurrency and other deals on Thursday.</p> <h2 class="wp-block-heading">Sanders Spotlights Old Report On Trump Family’s Deals</h2> <p>Sanders referenced a January <a href="https://www.newyorker.com/news/a-reporter-at-large/trumps-profiteering-hits-four-billion-dollars?_sp=4fa9b0c0-11d4-4fe8-ad76-dda575946100.1776969967748">article </a>by The New Yorker, estimating $4.05 billion in gains for the first family of the U.S. through cryptocurrency investments, Persian Gulf deals, <a href="https://www.benzinga.com/news/25/05/45689301/trumps-400-million-qatar-jet-deal-not-yet-official-despite-pentagon-taking-possession-doha-seeks-to-clarif">Qatari jet deal</a> and other sources such as Mar-a-Lago events and <strong>Truth Social</strong>.</p> <p>Sanders denounced these deals as “unprecedented kleptocracy.”</p> <p>A White House spokesperson told <a href="https://www.benzinga.com/">Benzinga</a> that Trump’s assets are held in a trust managed by his children and rejected any claims of conflict of interest. </p> <p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><br /> <div class="wp-block-embed__wrapper"> <blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr">The Trump family has made $4 billion off the presidency. <br /><br />Crypto: $3.02B <br />Persian Gulf deals: $425.8M <br />Qatari jet: $150M<br />Legal fees/merch: $127.7M <br />Mar-a-Lago: $125M<br />Corporate deals: $91M<br />Hanoi hotel: $40M<br />Truth Social: $25M<br />Don Jr: $19.6M <br /><br />Unprecedented kleptocracy.</p> <p>— Bernie Sanders (@BernieSanders) <a href="https://twitter.com/BernieSanders/status/2047408091289784372?ref_src=twsrc%5Etfw">April 23, 2026</a></p></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div> <p></p></figure></p> <h2 class="wp-block-heading">The Crypto Effect?</h2> <p>The January ...</p><p><a href=https://www.benzinga.com/crypto/cryptocurrency/26/04/52021690/bernie-sanders-blasts-trump-familys-unprecedented-kleptocracy-as-crypto-tops-list-of-deals-?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel alt=Bernie Sanders Blasts Trump Family's 'Unprecedented Kleptocracy' As Crypto Tops List Of Deals: 'Made $4 Billion Off The Presidency' (UPDATED)>Full story available on Benzinga.com</a></p> $BTC $DOGE $MELANIA $TRUMP $ZEC ABTC Bernie Sanders Cryptocurrency Donald Trump Eric Trump MemeCoins News World Liberty Financial Politics Markets $BTC $DOGE $ZEC $TRUMP $MELANIA ABTC News Cryptocurrency Politics Markets Benzinga Sat, 25 Apr 2026 01:41:20 +0000 Aniket Verma 52021690 at https://www.benzinga.com DOJ Backs Musk's xAI In Fight Against Colorado AI Law, Calls It 'Woke DEI' https://www.benzinga.com/markets/private-markets/26/04/52047820/doj-backs-musks-xai-in-fight-against-colorado-ai-law-calls-it-woke-dei?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel <p>The U.S. Department of Justice (DOJ) is joining <strong>xAI's</strong> lawsuit against the state of Colorado, seeking to stop the state from enforcing a law that would impose <a href="https://www.benzinga.com/topic/artificial-intelligence">significant operational demands </a>on companies building AI products.</p> <p>The <a href="https://www.justice.gov/crt/media/1437846/dl">lawsuit</a> names Colorado Attorney General <strong>Phil Weiser</strong> and asks the court to block a 2024 statute focused on “high-risk” AI uses. The law covers systems in areas such as housing, education, and employment, and requires developers to take steps to prevent "algorithm-driven discrimination." </p> <p>The DOJ argues that the Colorado law violates the Equal Protection Clause of the Fourteenth Amendment by compelling AI developers and deployers to consider race, sex, and religion to “correct” statistically disparate impacts.</p> <p>“The Colorado attorney general's office has no comment on this active litigation,” a spokesperson for the office told Benzinga. The DOJ, and xAI were also contacted for comment.</p> <p>"Laws that require AI companies to infect their products with woke DEI ideology are illegal," said Assistant ...</p><p><a href=https://www.benzinga.com/markets/private-markets/26/04/52047820/doj-backs-musks-xai-in-fight-against-colorado-ai-law-calls-it-woke-dei?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel alt=DOJ Backs Musk's xAI In Fight Against Colorado AI Law, Calls It 'Woke DEI'>Full story available on Benzinga.com</a></p> Department of Justice legal Private Markets Stories That Matter xAI Legal Markets Private Markets Legal Markets Benzinga Fri, 24 Apr 2026 20:33:58 +0000 Caroline Ryan 52047820 at https://www.benzinga.com Defense Stocks Look Bulletproof, But The Bill Could Hit 2.6% Of GDP https://www.benzinga.com/markets/equities/26/04/52046289/us-defense-stocks-debt-budget-deficit?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel <p>The latest conflict in the Middle East only reinforced a trend that gained momentum in 2025. Investors are leaning into a full-blown rearmament supercycle, bidding up defense names and pricing in years of <a href="https://www.benzinga.com/etfs/sector-etfs/26/04/52018839/defense-etfs-in-focus-as-1-5-trillion-arsenal-of-freedom-budget-proposal-takes-shape">steady government demand</a>.</p> <p>Yet, the International Monetary Fund (IMF) sees the issue, warning that the same spending boom could destabilize the support for those valuations in the first place.</p> <p>"While the resulting defense buildups can boost economic activity in the short term—lifting consumption and investment, particularly in defense-related sectors—they also temporarily increase inflation and create significant medium-term challenges," the IMF noted in the latest <a href="https://www.imf.org/-/media/files/publications/weo/2026/april/english/text.pdf">outlook</a>.</p> <p>Per their estimates, average fiscal deficits worsen by about 2.6 percentage points of GDP while public debt increases by around 7 percentage points within three years of the start of a build-up.</p> <p>In wartime scenarios, the fiscal impact becomes more acute. Public debt can rise by around 14 percentage points of GDP, while social spending declines in real terms. Such fiscal shifts are powerful enough to change the entire cost structure of the economy.</p> <p>The mechanism is straightforward, but the implications are not. Governments don't fund rearmament out of thin air; they must borrow. And when sovereign borrowing ramps up, it competes directly with private capital demand. Interest rates rise, tightening financial conditions ...</p><p><a href=https://www.benzinga.com/markets/equities/26/04/52046289/us-defense-stocks-debt-budget-deficit?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel alt=Defense Stocks Look Bulletproof, But The Bill Could Hit 2.6% Of GDP>Full story available on Benzinga.com</a></p> defense stocks Equities Government Iran Large Cap LMT News NOC RTX Stories That Matter war Global Markets LMT US5398301094 NOC US6668071029 RTX News Equities Government Large Cap Global Markets Benzinga Fri, 24 Apr 2026 20:02:43 +0000 Stjepan Kalinic 52046289 at https://www.benzinga.com Scott Bessent Says 'We Will Follow The Money' As US Sanctions $344M From Iran-Linked Crypto Wallets https://www.benzinga.com/markets/prediction-markets/26/04/52044956/scott-bessent-says-we-will-follow-the-money-as-us-sanctions-344m-from-iran-linked-cryp?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel <p>The US Treasury sanctioned multiple crypto wallets tied to Iran today, one day after stablecoin issuer Tether froze roughly $344 million in <a href="https://www.benzinga.com/quote/USDT-USD" target="_blank" class="ticker-link" data-ticker="USDT" data-exchange="CRYPTO" rel="noopener">(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDT</a>)</a> linked to the same network.</p> <p>The freeze hit two <strong>Tron</strong> <a href="https://www.benzinga.com/quote/TRX-USD" target="_blank" class="ticker-link" data-ticker="TRX" data-exchange="CRYPTO" rel="noopener">(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/trx/usd">TRX</a>)</a> addresses holding around $213 million and $131 million respectively, carried out in coordination with the Office of Foreign Assets Control and US law enforcement.</p> <p>“We will follow the money that Tehran is desperately attempting to move outside of the country,” Treasury Secretary <strong>Scott Bessent</strong> <a href="https://www.theblock.co/post/398847/us-sanctions-iran-linked-crypto-wallets-addresses-344-million-frozen-tether-cnn?utm_source=rss&utm_medium=rss">said</a>.</p> <h2 class="wp-block-heading">A Shadow Economy In The Strait</h2> <p>The action fits a broader pattern of Iran leaning on crypto rails to sidestep sanctions. </p> <p>Since mid-March, Tehran has been charging transit ...</p><p><a href=https://www.benzinga.com/markets/prediction-markets/26/04/52044956/scott-bessent-says-we-will-follow-the-money-as-us-sanctions-344m-from-iran-linked-cryp?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel alt=Scott Bessent Says 'We Will Follow The Money' As US Sanctions $344M From Iran-Linked Crypto Wallets>Full story available on Benzinga.com</a></p> $BTC $TRX $USDT Cryptocurrency FRO Markets FRO BMG3682E1277 $BTC $TRX $USDT Cryptocurrency Markets Benzinga Fri, 24 Apr 2026 19:20:58 +0000 Daragh Thomas 52044956 at https://www.benzinga.com Bob Iger's Back At Thrive Capital: Josh Kushner Touts Former Disney CEO's 'Boldness And Conviction' https://www.benzinga.com/markets/private-markets/26/04/52044875/bob-igers-back-at-thrive-capital-josh-kushner-touts-former-disney-ceos-boldness-and-convi?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel <p>Former <strong>Disney </strong><a class="ticker-link" data-ticker="DIS" data-exchange="NYSE" href="https://www.benzinga.com/quote/DIS" target="_blank" rel="noopener">(NYSE:<a class="ticker" href="https://www.benzinga.com/quote/DIS">DIS</a>)</a> CEO <strong>Bob Iger </strong>is rejoining <strong>Josh Kushner</strong>‘s <a href="https://www.benzinga.com/topic/venture-capital"><strong>Thrive Capital</strong> as </a>an advisor, a month after handing the reins to successor <strong>Josh D’Amaro</strong>.</p> <p>The Wall Street Journal <a href="https://www.wsj.com/business/media/bob-iger-returning-to-joshua-kushners-thrive-in-post-disney-move-525d2d8e?st=eRWdDL">reported </a>that Iger will be working with Thrive's investment staff and portfolio founders, but it will likely not be a full-time job. Iger apparently already has a stake in the firm as well. </p> <p>Iger stepped down from his leadership role, <a href="https://www.benzinga.com/trading-ideas/long-ideas/26/03/51329830/bob-iger-leaves-disney-again-heres-what-happened-the-last-time-he-stepped-down">passing the torch</a> to D'Amaro, the former chairman of experiences. Iger is serving as a senior adviser to D’Amaro through the end of 2026.</p> <p>Iger had earlier spent about two months as a venture partner at Thrive in late 2022, but stepped away after Disney's board requested that he return to lead the company again, following his original exit in 2020.</p> <p>As the CEO ...</p><p><a href=https://www.benzinga.com/markets/private-markets/26/04/52044875/bob-igers-back-at-thrive-capital-josh-kushner-touts-former-disney-ceos-boldness-and-convi?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel alt=Bob Iger's Back At Thrive Capital: Josh Kushner Touts Former Disney CEO's 'Boldness And Conviction'>Full story available on Benzinga.com</a></p> Bob Iger DIS disney Private Markets Stories That Matter Venture Capital Markets DIS US2546871060 Private Markets Markets Benzinga Fri, 24 Apr 2026 19:17:47 +0000 Caroline Ryan 52044875 at https://www.benzinga.com The Chip Stock Rally That Broke History: SOXX Notches Record 17-Day Win Streak https://www.benzinga.com/trading-ideas/movers/26/04/52044222/the-chip-stock-rally-that-broke-history-soxx-notches-record-17-day-win-streak?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel <p>The Philadelphia Semiconductor Index has done something it has never done before — logged 17 consecutive green trading sessions, surpassing the previous record of <a href="https://www.benzinga.com/markets/tech/26/04/51957077/soxx-smh-record-inflows-april-2026">15 set back in 2014. </a></p> <p>Over that stretch, the SOX has surged roughly 42%, putting it on track for its largest monthly gain since the dot-com boom of February 2000.</p> <ul class="wp-block-list"> <li><em>SOXL is hitting all-time highs. </em><a href="https://www.benzinga.com/quote/SOXL"><em>See the chart and price action here. </em></a></li> </ul> <h2 class="wp-block-heading">The Semiconductor ETFs</h2> <p>The ETFs riding the wave are seeing historic numbers of their own.</p> <p>The <strong>iShares Semiconductor ETF </strong><a href="https://www.benzinga.com/quote/SOXX" target="_blank" class="ticker-link" data-ticker="SOXX" data-exchange="NASDAQ" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/SOXX">SOXX</a>)</a> has posted a gain of more than 30% in April — its best month in the fund’s 25-year history. </p> <p>The <strong>VanEck Semiconductor ETF </strong>(SMH) is up over 25%, its strongest monthly return since November 2003. </p> <p>For traders using <strong>Direxion Daily Semiconductor Bull 3X Shares </strong><a class="ticker-link" data-ticker="SOXL" data-exchange="ARCA" href="https://www.benzinga.com/quote/SOXL" target="_blank" rel="noopener">(NYSE:<a class="ticker" href="https://www.benzinga.com/quote/SOXL">SOXL</a>)</a> and <strong>Direxion Daily Semiconductor Bear 3X Shares </strong><a class="ticker-link" data-ticker="SOXS" data-exchange="ARCA" href="https://www.benzinga.com/quote/SOXS" target="_blank" rel="noopener">(NYSE:<a class="ticker" href="https://www.benzinga.com/quote/SOXS">SOXS</a>)</a>, the volatility has been extreme in ...</p><p><a href=https://www.benzinga.com/trading-ideas/movers/26/04/52044222/the-chip-stock-rally-that-broke-history-soxx-notches-record-17-day-win-streak?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel alt=The Chip Stock Rally That Broke History: SOXX Notches Record 17-Day Win Streak>Full story available on Benzinga.com</a></p> AI AMD AVGO Equities Large Cap MU News NVDA semiconductors SMH SOXL SOXS SOXX Specialty ETFs Markets Movers Tech Trading Ideas ETFs SMH US8166362033 NVDA US67066G1040 AMD US0079031078 MU US5951121038 AVGO SG9999006241 SOXS US25459W1282 SOXL US25459W4583 SOXX US4642875235 News Equities Large Cap Specialty ETFs Markets Movers Tech Trading Ideas ETFs Benzinga Fri, 24 Apr 2026 18:53:58 +0000 Erica Kollmann 52044222 at https://www.benzinga.com Two Markets In One—Chips And Oil Are Fighting https://www.benzinga.com/Opinion/26/04/52043987/two-markets-in-one-chips-and-oil-are-fighting?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel <p>Two things are true this morning. Intel just dragged semis into another record run, and Brent crude is still holding above $104 with Gulf output down 57% from pre-war levels.</p> <p>That is the split market: AI leadership is saying risk-on, while energy and inflation are telling the Fed to stay careful. Thursday's completed close had the S&P 500 at 7,108.40, the Nasdaq at 24,438.50, and the Dow at 49,310.32. By Friday morning, Nasdaq was green, Dow was red, and the market was asking one question: can chips outrun oil?</p> <h2 class="wp-block-heading">The Rundown</h2> <h3 class="wp-block-heading">AI</h3> <p>Intel <a href="https://www.benzinga.com/quote/INTC" target="_blank" class="ticker-link" data-ticker="INTC" data-exchange="NASDAQ" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/INTC">INTC</a>)</a> reported Q1 revenue of $13.6B and non-GAAP EPS of $0.29, then guided Q2 revenue to $13.8B-$14.8B. The stock was up more than 22% Friday morning, AMD $AMD jumped double digits, and the SOX index was riding an 18-session winning streak. That's the tell: AI demand is still strong enough to pull old-school chip names back into the spotlight.</p> <p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><br /> <div class="wp-block-embed__wrapper"> <blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr">INTEL <a href="https://twitter.com/search?q=%24INTC&src=ctag&ref_src=twsrc%5Etfw">$INTC</a> JUST REPORTED EARNINGS<br /><br />EPS of $0.29 beating expectations of $0.10🟢<br />Revenue of $13.6 beating expectations of $12.4🟢 <a href="https://t.co/3O0MkZpM4z">pic.twitter.com/3O0MkZpM4z</a></p> <p>— Evan (@StockMKTNewz) <a href="https://twitter.com/StockMKTNewz/status/2047406961805701472?ref_src=twsrc%5Etfw">April 23, 2026</a></p></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div> <p></p></figure></p> <p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><br /> <div class="wp-block-embed__wrapper"> <blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24AMD&src=ctag&ref_src=twsrc%5Etfw">$AMD</a> is up more than 10% in pre market trading <br /><br />🟢🟢🟢🟢🟢🟢🟢🟢🟢🟢 <a href="https://t.co/Lsey6euqRP">https://t.co/Lsey6euqRP</a> <a href="https://t.co/g4cbWpfHAv">pic.twitter.com/g4cbWpfHAv</a></p> <p>— Evan (@StockMKTNewz) <a href="https://twitter.com/StockMKTNewz/status/2047625632603906277?ref_src=twsrc%5Etfw">April 24, 2026</a></p></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div> <p></p></figure></p> <p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><br /> <div class="wp-block-embed__wrapper"> <blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr">Intel <a href="https://twitter.com/search?q=%24INTC&src=ctag&ref_src=twsrc%5Etfw">$INTC</a> stock just hit new ALL TIME HIGHS for the first time since the 2000 Dot Com Bubble <a href="https://t.co/RwAD9qtazp">pic.twitter.com/RwAD9qtazp</a></p> <p>— Evan (@StockMKTNewz) <a href="https://twitter.com/StockMKTNewz/status/2047670871179862513?ref_src=twsrc%5Etfw">April 24, 2026</a></p></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div> <p></p></figure></p> <p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><br /> <div class="wp-block-embed__wrapper"> <blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="it" dir="ltr">Semiconductor investors vs Software investors <a href="https://t.co/K7mZKXFuep">pic.twitter.com/K7mZKXFuep</a></p> <p>— WOLF (@WOLF_Financial) <a href="https://twitter.com/WOLF_Financial/status/2047478007749599479?ref_src=twsrc%5Etfw">April 24, 2026</a></p></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div> <p></p></figure></p> <h3 class="wp-block-heading">Oil</h3> <p>Brent was near $104.78 and WTI was near $94.83 Friday, even after easing intraday. Goldman estimated Gulf crude output is down 14.5M barrels per day, or 57% from pre-war levels. P&G $PG just put a number on the pain, warning of a $1B after-tax fiscal 2027 profit hit from higher oil prices. A bounce is not a bottom when the margin pressure is this visible.</p> <p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><br /> <div class="wp-block-embed__wrapper"> <blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr">🇺🇸 VICE ...</p></blockquote></div></figure></p><p><a href=https://www.benzinga.com/Opinion/26/04/52043987/two-markets-in-one-chips-and-oil-are-fighting?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel alt=Two Markets In One—Chips And Oil Are Fighting>Full story available on Benzinga.com</a></p> AMD AMZN BNO contributors Earnings Equities Expert Ideas GOOGL Government INTC META MSFT Regulations RKLB SPACE USO Commodities Legal IPOs Opinion Federal Reserve Markets USO US91232N1081 AMZN US0231351067 INTC US4581401001 MSFT US5949181045 AMD US0079031078 BNO US91167Q1004 GOOGL US38259P5089 META RKLB Earnings Equities Government SPACE Regulations Commodities Legal IPOs Opinion Federal Reserve Markets Benzinga Fri, 24 Apr 2026 18:48:00 +0000 Gav Blaxberg 52043987 at https://www.benzinga.com JPMorgan Is Building A Massive Private Credit Machine Powered By Bank Loans https://www.benzinga.com/markets/private-markets/26/04/52043438/jpmorgan-building-massive-private-credit-machine-powered-bank-loans?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel <p><strong>JPMorgan Chase & Co.</strong> <a class="ticker-link" data-ticker="JPM" data-exchange="NYSE" href="https://www.benzinga.com/quote/JPM" target="_blank" rel="noopener">(NYSE:<a class="ticker" href="https://www.benzinga.com/quote/JPM">JPM</a>)</a> is ramping up its strategy to funnel "tens of billions" into loans originated by its <a href="https://www.benzinga.com/topic/private-credit">commercial banking arm</a>.</p> <p>Executives <strong>George Gatch</strong> and <strong>Bob Michele</strong> said the firm is in talks with institutional investors to raise capital and has already secured some commitments, according to <a href="https://www.bloomberg.com/news/articles/2026-04-23/jpmorgan-readies-fresh-private-credit-push-after-needling-market">Bloomberg News</a>.</p> <p>The move comes as the private credit sector faces pressure, with investor concerns over defaults, elevated rates, and AI-driven disruption—particularly in software—driving a rise in redemption requests.</p> <p><strong>Morgan Stanley </strong><a class="ticker-link" data-ticker="MS" data-exchange="NYSE" href="https://www.benzinga.com/quote/MS" target="_blank" rel="noopener">(NYSE:<a class="ticker" href="https://www.benzinga.com/quote/MS">MS</a>)</a>, <strong>Blackstone </strong><a class="ticker-link" data-ticker="BX" data-exchange="NYSE" href="https://www.benzinga.com/quote/BX" target="_blank" rel="noopener">(NYSE:<a class="ticker" href="https://www.benzinga.com/quote/BX">BX</a>)</a>, <strong>Apollo Global</strong> <a class="ticker-link" data-ticker="APO" data-exchange="NYSE" href="https://www.benzinga.com/quote/APO" target="_blank" rel="noopener">(NYSE:<a ...</a></p><p><a href=https://www.benzinga.com/markets/private-markets/26/04/52043438/jpmorgan-building-massive-private-credit-machine-powered-bank-loans?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel alt=JPMorgan Is Building A Massive Private Credit Machine Powered By Bank Loans>Full story available on Benzinga.com</a></p> APO BX JP Morgan Chase & Co. JPM MS private credit Private Markets Stories That Matter Markets APO US0376123065 BX US09253U1088 JPM US46625H1005 MS US6174464486 Private Markets Markets Benzinga Fri, 24 Apr 2026 18:33:30 +0000 Caroline Ryan 52043438 at https://www.benzinga.com What's Going On With Gentex Stock Friday? https://www.benzinga.com/markets/earnings/26/04/52042345/whats-going-on-with-gentex-stock-friday?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel <p><strong>Gentex Corporation </strong><a class="ticker-link" data-ticker="GNTX" data-exchange="NASDAQ" href="https://www.benzinga.com/quote/GNTX" target="_blank" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/GNTX">GNTX</a>)</a> shares moved higher Friday after the company reported <a href="https://www.benzinga.com/pressreleases/26/04/g52025954/gentex-reports-first-quarter-2026-financial-results">first-quarter results</a> that exceeded Wall Street expectations, supported by strong demand for advanced features.</p> <p>The firm also raised its sales outlook, signaling confidence in its growth trajectory despite ongoing headwinds in global vehicle production.</p> <h2 class="wp-block-heading"><strong>Quarterly Details</strong></h2> <p>The company reported first-quarter adjusted earnings of 48 cents per share, topping the analyst consensus estimate of 45 cents. Quarterly revenue rose 17% year over year to $675.44 million, beating the Street view of <a href="https://www.benzinga.com/earnings">$648.71 million</a>.</p> <p>VOXX contributed $88.6 million in revenue during the first quarter of 2026. Core Gentex revenue reached $586.8 million, increasing 2% sequentially despite a decline in global light vehicle production.</p> <p>"Core Gentex revenue growth in ...</p><p><a href=https://www.benzinga.com/markets/earnings/26/04/52042345/whats-going-on-with-gentex-stock-friday?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel alt=What's Going On With Gentex Stock Friday?>Full story available on Benzinga.com</a></p> Earnings Equities GNTX News why it's moving Guidance Top Stories Markets Movers General GNTX US3719011096 News Earnings Equities Guidance Top Stories Markets Movers General Benzinga Fri, 24 Apr 2026 17:58:00 +0000 Nabaparna Bhattacharya 52042345 at https://www.benzinga.com These Analysts Increase Their Forecasts On Keurig Dr Pepper After Better-Than-Expected Q1 Results https://www.benzinga.com/analyst-stock-ratings/price-target/26/04/52041860/these-analysts-increase-their-forecasts-on-keurig-dr-pepper-after-better-than-?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel <p><strong>Keurig Dr Pepper Inc</strong>. <a href="https://www.benzinga.com/quote/KDP" target="_blank" class="ticker-link" data-ticker="KDP" data-exchange="NASDAQ" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/KDP">KDP</a>)</a> on Thursday posted better-than-expected <a href="https://www.benzinga.com/quote/KDP/earnings">earnings for the first quarter</a>.</p> <p>The company, which owns brands such as Dr Pepper, 7Up, Snapple and Green Mountain Coffee, reported first-quarter adjusted earnings per share of 39 cents, beating the analyst consensus estimate of 37 cents. Quarterly sales of $3.976 billion (+9.4% year over year) outpaced the Street view of $3.838 billion.</p> <p>The firm affirmed the 2026 sales outlook of $25.900 billion-$26.400 billion, compared with the $26.081 billion estimate.</p> <p>"With well-constructed plans in place, high-quality execution, and improving cost visibility as the year unfolds, we remain confident in our ability to deliver ...</p><p><a href=https://www.benzinga.com/analyst-stock-ratings/price-target/26/04/52041860/these-analysts-increase-their-forecasts-on-keurig-dr-pepper-after-better-than-?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel alt=These Analysts Increase Their Forecasts On Keurig Dr Pepper After Better-Than-Expected Q1 Results>Full story available on Benzinga.com</a></p> Earnings KDP News PT Changes Price Target Markets Analyst Ratings Trading Ideas KDP News Earnings Price Target Markets Analyst Ratings Trading Ideas Benzinga Fri, 24 Apr 2026 17:42:23 +0000 Avi Kapoor 52041860 at https://www.benzinga.com