Benzinga

06/19/2026

Amazon just put a date on the quantum computing revolution. Are five to seven years realistic, or do you think this another tech hype cycle?

06/18/2026

Popular cryptocurrency analyst Ali Martinez drew attention to the fact that Elon Musk, who became the world’s first trillionaire, owns Bitcoin (CRYPTO: BTC) and Dogecoin (CRYPTO: DOGE).

Is Musk ‘Orange-Pilled’?
In an X post, Martinez paired a line drawing of Musk with the Bitcoin logo, with the caption, “The world’s first TRILLIONAIRE owns Bitcoin. Let that sink in.”

Both of Musk’s companies, Space Exploration Technologies Corp. (NASDAQ:SPCX) and Tesla Inc. (NASDAQ:TSLA), indeed hold BTC in their reserves. In fact, these two are the only companies in the top 10 by market capitalization that hold BTC on their balance sheets.

SpaceX holds 18,712 BTC on hand as of March 31, recognized at a fair value of $1.29 billion. At current prices, this stash would be worth $1.19 billion. Tesla holds 11,509 BTC, worth more than $734 million, according to on-chain data.

Details about Musk’s personal BTC holdings remain sketchy. Back in 2020, he revealed he had only 0.25 BTC, but there has been no clear update since then.

06/18/2026

Anthropic said Wednesday it had opened a Seoul office and announced a series of partnerships across South Korea’s artificial intelligence ecosystem as the Claude developer expands its presence in Asia.

As the company prepares for a public listing, Anthropic said South Korea has emerged as one of Claude’s most active markets globally, with usage concentrated in technical and creative work.

Public And Private Sector Partnerships
Anthropic said it signed a memorandum of understanding with South Korea’s Ministry of Science and ICT to collaborate on public-sector AI adoption, model safety testing and efforts to address AI-related cybersecurity threats.

Major South Korean business groups were deploying Claude through affiliates including LG CNS, Hanwha Solutions and Samsung SDS, Anthropic said, with employees using the AI assistant for software development, knowledge work and enterprise operations.

The company added that internet giant NAVER, often referred to as South Korea’s Google, was also using Claude Code to accelerate software development, while Nexon has deployed Claude across game development workflows.

06/18/2026

Nasdaq 100 Rallies, Oil Sinks To $75 On Iran Peace Deal: Stock Market Today

Stocks staged a broad rebound Thursday as a signed U.S.-Iran peace deal sank oil and an Intel-Apple chip pact powered semis.

06/18/2026

Jim Cramer says SpaceX’s early post-IPO surge is starting to lose its meme-stock momentum.

In a post on X, Cramer said SpaceX “could not maintain its meme status” after the stock pulled back following several days of major gains. He said the stock appeared unable to “sustain the walk up.”

Cramer later added that SpaceX now has a “two-way market,” meaning both buyers and sellers are actively driving price action.

His view was that the stock can no longer be pushed higher purely by hype because sellers are now stepping in. “Can’t meme it; too many sellers,” he wrote.

The comments come after multiple analysts warned that SpaceX’s rapid rally had started to resemble the meme stock era of 2021.

Charlie Bilello of Creative Planning cautioned that the move echoed past speculative surges. Investor Gary Black also said SpaceX may be losing its meme-stock status as options trading gives investors a new way to bet against the stock.

Despite the pullback, SpaceX’s debut has still created enormous wealth for Elon Musk.

The rally helped push Musk’s net worth to about $1.3 trillion, making him richer than several major tech billionaires combined, including Alphabet cofounders Larry Page and Sergey Brin, and Amazon founder Jeff Bezos.

06/18/2026

Trump says Apple is teaming up with Intel to build chips in America. Intel exploded — but Apple and Intel haven’t confirmed it. Real deal or political hype?

06/18/2026

U.S. inflation has accelerated to its highest level in years, raising concerns that price pressures may remain persistent and complicate the path for interest rate cuts.

06/18/2026

With U.S. stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows:

Wall Street expects Accenture Plc (NYSE:ACN) to post quarterly earnings at $3.71 per share on revenue of $18.76 billion before the opening bell, according to data from Benzinga Pro. Accenture shares rose 1.4% to $158.21 in after-hours trading.

Smith & Wesson Brands Inc. (NASDAQ:SWBI) posted better-than-expected fourth-quarter results after Wednesday's closing bell. Smith & Wesson reported quarterly earnings of 36 cents per share, which beat the analyst estimate of 23 cents. Quarterly revenue came in at $178.39 million, which beat the Street estimate of $155.27 million. Smith & Wesson shares jumped 18.5% to $16.27 in the after-hours trading session.

Analysts are expecting Kroger Co (NYSE:KR) to post quarterly earnings at $1.59 per share on revenue of $45.47 billion. The company will release earnings before the markets open. Kroger shares rose 0.1% to $61.82 in after-hours trading.

06/18/2026

The Dollar Just Hit A 13-Month High On Warsh's Hawkish Debut: History Says Don't Fade It

Kevin Warsh's hawkish Fed debut lifted the dollar to a 13-month high. History shows the greenback tends to gain after Fed hikes.

06/18/2026

📊 PreMarket Movers – June 18, 2026

📈 Gainers:
⬆️ $INTC +8.56%
⬆️ $WDC +5.42%
⬆️ $ON +5.31%

📉 Losers:
⬇️ $ACN -15.11%
⬇️ $STLA -3.40%
⬇️ $XPEV -2.46%

▶️ Watch the full PreMarket Show: https://www.youtube.com/watch?v=6-3lBOZrqas

Access This Real-time Data Directly with Benzinga Pro & Benzinga Edge:
https://www.benzinga.com/premium/ideas/benzinga-edge