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The Latest Breaking News from Benzinga

Morgan Stanley Cuts Oil Price Forecast As Strait Of Hormuz Traffic Rebounds Faster Than Expected

Morgan Stanley (NYSE:MS) lowered its oil price forecasts for this year and next after noting that oil tankers are moving through the Strait of Hormuz faster than expected.

Benzinga

Trump Tariff Fears Spark Early Holiday Shipping Rush From China As Retailers Scramble For Inventory: Report

In a bid to secure inventories for the upcoming holiday season, U.S. retailers are expediting their orders from China. This move comes in light of the potential tariff hikes expected later this year, as per shipping executives.

Benzinga

Warren Buffett Breaks A 20-Year Tradition As Report Says His Gates Foundation Donation Is Suddenly On Hold Over Epstein Files Review

Warren Buffett, the chairman of Berkshire Hathaway Inc. (NYSE:BRK), has reportedly chosen to delay his usual midyear donation to the Gates Foundation, the philanthropic organization founded by Microsoft Corporation (NASDAQ:MSFT) co-founder Bill Gates and his ex-wife, Melinda French Gates.

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RFK Jr Issues Grim Warning On America's Kids While Reviving Presidential Fitness Test After More Than A Decade: 'Our Children Are...'

U.S. Department of Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. on Monday announced the return of the Presidential Fitness Test and launched GetActive.gov/kids, a new federal initiative aimed at promoting physical activity among children as part of President Donald Trump’s Make America Healthy Again agenda.

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Kevin Hassett Says Gas Prices Will Drop Once Strait Of Hormuz Traffic Returns To Normal—Democrat Senator Calls Recent Price Hike 'Unacceptable'

President Donald Trump‘s top economic advisor, Kevin Hassett, said on Monday that gas prices in the U.S. will come down to pre-Iran war levels once the traffic through the Strait of Hormuz moves normally.

Benzinga

Trump Accounts Could Land An Unexpected Boost As SpaceX Reportedly Weighs Stock Donation

Space Exploration Technologies Corp. (NASDAQ:SPCX) is reportedly in talks with the Trump administration about a potential donation to the Trump Accounts, a savings initiative for children.

Benzinga

Trump Dismisses Bipartisan Housing Affordability Bill As 'A Big Yawn,' Demands Action On SAVE America Act

President Donald Trump dismissed a bipartisan housing affordability bill as a "yawn" on Monday, arguing that the Safeguard American Voter Eligibility Act, aka SAVE, was far more important as he continued pressuring Congress to advance his voting legislation.

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SAVE America Act Clears Key Hurdle As House Panel Merges It With The Defense Bill—'Won't Work,' Warns Anna Paulina Luna

The House Rules Committee has given the green light to the National Defense Authorization Act (NDAA), merging it with the Safeguard American Voter Eligibility (SAVE) America Act on Monday.

Benzinga

Meta Resets AI, Hardware Plans As 'Avocado' Delays, Leadership Turmoil, Cost Cuts Mount

Meta Platforms Inc (NASDAQ:META) is reshaping its artificial intelligence strategy with sweeping leadership changes, escalating investments and a decisive shift away from its open-source roots.

Benzinga

Strategy Shares Rise As Crypto Stocks Move Higher On Bitcoin Surge

Strategy Inc (NASDAQ:MSTR) shares are popping on Tuesday amid Bitcoin‘s (CRYPTO: BTC) ongoing volatility.

Benzinga

What's Going On With Wave Life Sciences Stock Tuesday?

Wave Life Sciences Ltd. (NASDAQ:WVE) stock rose Tuesday on continued optimism after the company announced data from the lowest therapeutic cohort of the ongoing INLIGHT trial of WVE-007 for weight loss.

Benzinga

'Boring' ETF Is Winning Big As Investors Park Billions During Murky Fed Outlook

U.S.-listed ETFs absorbed $44.2 billion last week, pushing year-to-date inflows to a new high of $1.28 trillion.

Benzinga

Boeing Delivers Fewer Jets In November While Airbus Flies Past

Boeing Co. (NYSE:BA) posted a sharp year-over-year rebound in November aircraft deliveries but fell short of October’s pace, highlighting both improving execution after last year’s disruptions and the continued unevenness of its production recovery as Airbus (OTC:EADSY) extended its delivery lead.

Benzinga

Skydance, Netflix Vie For Warner Bros. — A Trump-Era Antitrust Meltdown In The Making?

Paramount Skydance Corp (NASDAQ:PSKY) has made a hostile all-cash $108-billion bid for Warner Bros. Discovery Inc. (NASDAQ:WBD), giving rival bidder Netflix Inc. (NASDAQ:NFLX) a run for its money and turning the streaming wars into a TV drama-worthy showdown.

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Ethereum Founder Vitalik Buterin Says Anti-EU Attacks Are 'Unhinged' And 'Over The Top'

Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin criticized what he called "unhinged" attacks on Europe in a Tuesday post, arguing that much of the internet's anger is "over the top" and detached from the reality he observes on the ground.

Benzinga

'Insurance Companies Love High Deductible Plans,' Says Mark Cuban. 'When You Can't Afford Your Deductible, You Don't Get Care'

Billionaire entrepreneur Mark Cuban is once again calling out the U.S. healthcare system, taking particular aim at insurance companies and high-deductible health plans.

Benzinga

What's Going On With The Surge In Diginex Stock?

Diginex Ltd (NASDAQ:DGNX) shares are trading higher on Tuesday. The Sustainability RegTech Solutions provider posted financial results, highlighted by sharp revenue growth and a stronger balance sheet.

Benzinga

Chewy Q3 Preview: Will Pet Care Stock See Customer Growth? Analysts See Higher Share Price

Pet care company Chewy Inc (NYSE:CHWY) could highlight growth for the sector when the company reports third-quarter financial results on Wednesday before market open.

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Benzinga

What's Going On With Korn Ferry Stock Today?

Korn Ferry (NYSE:KFY) shares advanced Tuesday after the talent and consulting firm delivered stronger quarterly profit and revenue amid broad-based growth across its businesses.

Benzinga

Billionaire Mark Cuban Says If You Want To Get Rich, Give Things Up—Drink Water Instead Of Coffee, Eat Mac & Cheese Not McDonald's, 'Save Every Penny'

Back when Mark Cuban was broke and sleeping on a beer-stained floor with five roommates, he probably didn't seem like the guy who'd one day own the NBA's Dallas Mavericks, sell his startup to Yahoo for $5.7 billion, and become a household name for telling people to stop drinking lattes.…

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Russell 2000 Hits Record Highs, Silver Rallies To $60: What's Moving Markets Tuesday?

U.S. small caps climbed to fresh record highs Tuesday as traders nearly fully priced in a Federal Reserve rate cut at Wednesday's policy meeting.

Benzinga

XRP Up 5% As Ethereum Whale's $266 Million Long Signals A Trend Shift

XRP (CRYPTO: XRP) and Ethereum (CRYPTO: ETH) surged 5% on Tuesday as a major Ethereum whale lifted a long position to $266 million.

Benzinga

New Dividend ETF Launches Just As Fed Decision Looms — Is KDVD The SMID-Cap Play Investors Need?

Gabelli Funds launched the Keeley Dividend ETF (NYSE:KDVD), an actively managed fund targeting income and long-term appreciation through small- and mid-cap dividend payers, just as markets hover near record highs and investors brace for a highly anticipated Federal Reserve rate cut.

Benzinga

BioNTech-Bristol Drug Shows Hope For Breast Cancer Patients With Few Options

BioNTech SE (NASDAQ:BNTX) and Bristol Myers Squibb Co. (NYSE:BMY) on Tuesday shared the first interim data from a global randomized Phase 2 trial of pumitamig (BNT327/BMS986545) plus chemotherapy for locally advanced/metastatic triple-negative breast cancer (TNBC) irrespective of PD-L1 expression levels.

Benzinga

What's Going On With Palantir Technologies Stock Tuesday?

Palantir Technologies Inc (NASDAQ:PLTR) shares are trading marginally higher on Tuesday, hovering around $182, as the company rides a wave of strategic expansions that has fueled a 7% rally over the past five sessions. Here’s what investors need to know.

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