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The Latest Breaking News from Benzinga

Chamath Palihapitiya Jokes There are 'No Jobs Left' As Nvidia, Corning and Ford Tell a Very Different AI Story: 'Dario Told Me...'

Venture capitalist Chamath Palihapitiya recently joked that there are “no jobs left” in the age of artificial intelligence (AI). This comes as recent developments at major U.S. corporations prove otherwise: Nvidia Corp. (NASDAQ:NVDA) and Corning Inc. (NYSE:GLW) are adding thousands of manufacturing roles to build AI infrastructure, while Ford Motor…

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Trump Faces Fresh Iran Challenge as Tehran Says Strait of Hormuz Is Under 'Iranian Command'

Iran’s Deputy Foreign Minister for Legal and International Affairs, Kazem Gharibabadi, said on Thursday that the Strait of Hormuz is under Tehran’s command following a U.S. Central Command (CENTCOM) security summit in Bahrain.

Benzinga

IREN Paradox: Cutting-Edge 'AI Cloud' Powerhouse or Corporate Payout Machine? Jim Chanos Sounds the Alarm on New Executive 'Stock Grant'

IREN Ltd. (NASDAQ:IREN) is rapidly expanding as a dominant ‘AI Cloud’ powerhouse, but a controversial new executive ‘stock grant’ has renowned short-seller Jim Chanos questioning if the firm is becoming a corporate payout machine.

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NHTSA Closes Investigation Into 695,000 Tesla Vehicles Over Braking Issue—GM Recalls Over 14,500 Vistiq EVs

The National Highway Traffic Safety Administration (NHTSA) has announced it will be closing a probe into 695,000 Tesla Inc. (NASDAQ:TSLA) vehicles over an automatic braking issue.

Benzinga

Mark Cuban Slams Healthcare Pricing, Says Transparency Is the Only Way to Know if You're 'Getting Ripped Off'

Billionaire entrepreneur Mark Cuban said consumers can only determine whether they are getting fair pricing when companies make billing transparent and easy to verify, while criticizing industries like healthcare for obscuring costs.

Benzinga

Stock Market Today: Dow Jones, S&P 500 Futures Gain Despite Weak June Jobs Data — CoreWeave, Nebius, Micron, Franklin Covey In Focus (UPDATED)

(Editor’s note: The lede, headline, ETFs and economic data have been updated.)

Benzinga

Trump Praises Micron's $250 Million Trump Accounts Commitment as CEO Highlights $200 Billion US Investment

President Donald Trump on Wednesday praised Micron Technology Inc (NASDAQ:MU) for its $250 million commitment to the Trump Accounts program, while CEO Sanjay Mehrotra said the initiative complements the company’s more than $200 billion investment in U.S. memory manufacturing and research and development.

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Trump's America250 Celebrations to Close Reagan National Airport for Nearly 15 Hours (UPDATED)

(Editor’s note: This story has been updated to include statements from Delta, United and Southwest Airlines.)

Benzinga

Rick Scott Says Democrats' Housing Bill 'Does Nothing' to Fix Affordability, Pushes Tax-Free Savings Plan

Sen. Rick Scott (R-Fla.) argued that the Democratic housing proposal fails to address the underlying drivers of rising home prices, while promoting his own plan to help first-time buyers save for a home tax-free.

Benzinga

Stock Market: Will S&P 500 Open Up or Down Today?

The S&P 500 slipped on the first trading day of the second half of 2026 as investors continued rotating out of semiconductor stocks, while Polymarket traders remain evenly divided over Thursday’s opening direction.

Benzinga

Taylor Swift Could Soon Be Writing a Bigger Check As Rhode Island's New Luxury Home Tax Officially Kicks In

Rhode Island’s new Non-Owner Occupied Property Tax took effect Wednesday, imposing a levy on residential properties assessed above $1 million that are not used as a primary residence.

Benzinga

Ross Gerber Says Trump's $1 Billion Crypto Windfall Is Why 'Bitcoin Went Down and Isn't Going Anywhere'

Renowned investor Ross Gerber on Wednesday attributed Bitcoin’s (CRYPTO: BTC) ongoing slump to President Donald Trump’s profits from cryptocurrency businesses

Benzinga

Gavin Newsom Calls Trump's $400 Million Qatari Jet 'Air Fraud One' as Bernie Sanders, Elizabeth Warren Slam President

President Donald Trump boarded the Qatari-gifted $400 million Boeing Co. (NYSE:BA) 747 Jet on Wednesday before making his way to North Dakota in the aircraft’s maiden trip, leading to staunch criticism from Democratic lawmakers.

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Trump's Birthright Citizenship Push Dead at Supreme Court — Here's How Justice Department Plans to Fight Back

The Justice Department has instructed federal prosecutors to prioritize criminal investigations into alleged birth tourism schemes after the Supreme Court rejected President Donald Trump’s effort to end automatic birthright citizenship.

Benzinga

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Jim Cramer Calls TJX 'a Buy' as an 'Inventory Play,' Says Walmart Seems 'Cheap'

CNBC’s Jim Cramer has flagged TJX Companies Inc. (NYSE:TJX) as "a buy" due to its strong position as an "inventory play," while simultaneously noting that retail giant Walmart Inc. (NASDAQ:WMT) "seems cheap" following a recent stock dip.

Benzinga

OpenAI to Offer Trump Administration a 5% Equity Stake and Other AI Firms Could Also Follow: Report

OpenAI is reportedly considering offering the U.S. government a 5% equity stake as part of a broader effort to deepen ties with the Trump administration and secure financial backing.

Benzinga

South Korean Hot Stocks SK Hynix, Samsung Tumble as Semiconductor Selloff Spreads From Wall Street to Asia: ETFs You Should Watch

South Korean stocks tumbled Thursday as a broad semiconductor selloff spread from Wall Street to Asia, dragging the benchmark index, Korea Composite Stock Price Index, lower after heavy losses in SK Hynix Inc and Samsung Electronics Co.

Benzinga

Trump Hails S&P 500's Best Quarter Since 2020 as US-Iran Indirect Talks Wrap Up

The U.S. stock market has closed out its most profitable quarter in six years, a milestone celebrated by President Donald Trump as indirect negotiations between the United States and Iran wrapped up in Qatar, easing global energy supply fears.

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Gary Black Sees 'Renewed Optimism' for Tesla, Rivian as Q2 Deliveries Loom, Gene Munster Says FSD Is Key

Investor Gary Black of The Future Fund LLC has said that Tesla Inc. (NASDAQ:TSLA) and Rivian Automotive Inc. (NASDAQ:RIVN) second-quarter 2026 delivery figures could exceed expectations due to surging gas costs.

Benzinga

Nikki Haley Slams Zohran Mamdani's Energy Savings Message to New Yorkers Grappling With a Heat Wave: 'Welcome to Socialism'

Former U.S. Ambassador to the United Nations Nikki Haley mocked Zohran Mamdani over his guidance on reducing electricity use during a heat wave and called it "Welcome to socialism."

Benzinga

Babies Born During America’s 250th Celebration Will Get Limited-Edition Social Security Cards With Freedom 250 Logo

Babies born in the United States during America’s 250th birthday celebration will receive a first-of-its-kind commemorative Social Security card, the Social Security Administration announced Wednesday, extending the Trump administration’s growing slate of semiquincentennial keepsakes.

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Cynthia Lummis Claps Back at Elizabeth Warren's Clarity Act Criticism: 'Stop These Baseless Attacks'

Sen. Cynthia Lummis (R-Wyo.) pushed back on Wednesday against Sen. Elizabeth Warren’s (D-Mass.) critique of the Clarity Act, stating that the cryptocurrency legislation has built-in safeguards against illicit finance.

Benzinga

Trump Is 'Suffering From Dementia,' Says JB Pritzker; White House Fires Back: President's Health 'Remains Exceptional'

Gov. JB Pritzker (D-Ill) intensified criticism of President Donald Trump during an interview, saying he believes the president is showing signs of "dementia" while pointing to changes in his speech and behavior over time.

Benzinga

Trump Says This 'Very Smart' Retailer Will Cut Gas Prices in the Northeast, Urges Others to Follow: 'They Love the U.S.A'

President Donald Trump reaffirmed his call for lower gas prices following a decline in global oil costs, noting that the Freedom Fuel Network will lower gas prices in the Greater Philadelphia area ahead of the Fourth of July weekend.

Benzinga

Trump Says 'Everybody's Profiting' in Response to $1 Billion Crypto Windfall: Peter Schiff Comes Back With 'Everybody Named Trump Is Profiting'

President Donald Trump responded on Wednesday to the disclosure of his billion-dollar cryptocurrency income, stating that the investments are handled by institutions with which he has no direct communication.

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