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The Latest Breaking News from Benzinga

Hunter Biden Says Trump Is Making 'Big Oil' Great Again as Chevron, Exxon Mobil Profits Soar—Gavin Newsom Says CVX Is 'Fleecing Californians'

Former President Joe Biden‘s son Hunter Biden and Gov. Gavin Newsom (D-CA) slammed Chevron Corp. (NYSE:CVX) and ExxonMobil Holdings Corp. (NYSE:XOM), accusing the oil giants of profiting from the war in Iran.

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Ro Khanna Says 'What’s Actually Hurting' Americans Is Iran War and Billionaire Tax Breaks, Not Mamdani’s Food Desert Grocery Plan

Rep. Ro Khanna (D-Calif.) defended New York City Mayor Zohran Mamdani’s proposed grocery store plan, arguing that rising food prices and financial struggles are being driven by the Iran conflict and President Donald Trump’s tax policies, not food desert initiatives.

Benzinga

Scott Bessent Says America 'Delivers' for 'Trusted Partners' as US, Japan Confirm Joint Yen Intervention: Economist Says Goal Is to 'Buy Time'

The U.S. Treasury joined Japan’s Ministry of Finance in a coordinated yen-buying operation, with officials from both countries pledging to intervene again if disorderly market conditions continue.

Benzinga

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Trump Media’s Paid Truth API Sparks Backlash: People Around the President Aren't Giving Him 'Good Feedback,' Says Jason Calacanis

Trump Media & Technology Group Corp’s (NASDAQ:DJT) new premium data service is drawing scrutiny and sharp criticism over its potential to give wealthy investors faster access to President Donald Trump’s market-moving Truth Social posts.

Benzinga

Anthony Scaramucci Says 'Feels Like' Republicans Don't Want the Crypto Act to Pass So They Can 'Blame' Democrats: 'Put This Bill on the Floor'

SkyBridge Capital founder Anthony Scaramucci accused Republicans on Sunday of intentionally holding up the CLARITY Act in the Senate to scapegoat Democrats and later cash in on political donations.

Benzinga

SpaceX Investors Want a Pink Rocket and a Starship Named 'Shipy McShipface' Ahead of First Earnings: Top Questions for Elon Musk's Team Revealed

Ahead of Space Exploration Technologies Corp.‘s (NASDAQ:SPCX) first public earnings report on Tuesday after the bell, investors submitted questions ranging from whether Starship could be painted pink or named “Shipy McShipface” to AI infrastructure, Starlink expansion and missions to Mars.

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Bitcoin, Ethereum, XRP, Dogecoin Gain After Trump Holds Off Iran Strikes: Analyst Sees 'Strong and Vital Move' by BTC if This Happens

Leading cryptocurrencies edged higher on Sunday as investors weighed President Donald Trump’s remarks about a potential Iran peace agreement.

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Trump Calls Off ‘Massive Attack’ on Iran as Talks Resume: Dow Futures Gain 204 Points, Oil Plunges Nearly 5%

Late Sunday, U.S. stock futures moved higher and crude prices tumbled as President Donald Trump said he had called off a planned attack on Iran and would resume negotiations with Tehran on Monday.

Benzinga

SanDisk Stock is Down 50% From the YTD High: Will Earnings Spark a Rebound?

SanDisk (NASDAQ:SNDK) shares have plunged roughly 50% from their peak this year as the memory chip sector has come under intense selling pressure. The Roundhill Memory ETF (CBOE: DRAM), a benchmark for the industry, has also retreated about 40% from its year-to-date high.

Benzinga

Weekend Round-Up: Tech Giants' Earnings Reports, Reddit's Tumble And TSMC's Challenge To Intel

This week was a rollercoaster ride for the tech industry, with giants like Microsoft Corporation, Meta Platforms, Amazon.com Inc. and Apple Inc. releasing their quarterly earnings reports.

Benzinga

Earnings Volatility Watch: SanDisk and Nine Other Stocks Could Swing Up To 17.5% This Week

After a week dominated by mega-cap earnings, with Microsoft Corp. (NASDAQ:MSFT) and Amazon.com Inc. (NASDAQ:AMZN) sharply exceeding expectations while Apple Inc. (NASDAQ:AAPL) and Meta Platforms Inc. (NASDAQ:META) were punished over margin concerns, the first week of August brings a different cast.

Benzinga

Weekend Round-Up: Bitcoin's Potential Rebound, Saylor's Rescue Plan For STRC and Dalio's Bitcoin Investment

This week was a rollercoaster ride in the world of finance and cryptocurrency. Bitcoin’s potential rebound, Michael Saylor’s rescue plan for STRC and Ray Dalio’s Bitcoin investment were among the top stories. Let’s dive into the details.

Benzinga

Weekend Round-Up: Rivian's Q2 Triumph, Trump's AV Push, Boeing's Sudan Connection, Baidu's London Test and Ford's Q2 Results

This week was a whirlwind of news in the tech and auto sectors. From Rivian’s impressive Q2 results to Trump’s push for autonomous vehicle deployment, there was no shortage of headlines. Let’s dive into the top stories.

Benzinga

Consumer Tech (July 27-31): AI Boom Drives Tech Earnings As Apple, Amazon Lead Markets & More

Senators from across the aisle have reportedly sent a letter to Apple Inc. (NASDAQ:AAPL) CEO Tim Cook, urging the company to refrain from using memory chips from ChangXin Memory Technologies (CXMT) and Yangtze Memory Technologies Corp (YMTC) in its devices, even if the products are meant solely for the Chinese…

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Benzinga

Trump Rejects DOJ's Findings, Kelly Warns Democrats, Warren Backs Trump on Debt Ceiling and More: This Week in Politics

As the week winds down, here’s a quick look at the top political stories that made headlines.

Benzinga

Elizabeth Warren Says 'Trump Doesn't Care if You Can Afford to Buy a Home' After Mortgage Rates Hit One-Year High

Sen. Elizabeth Warren (D-Mass.) criticized President Donald Trump’s Iran policy after mortgage rates climbed to their highest level in more than a year, arguing that rising borrowing costs are making homeownership increasingly difficult for Americans.

Benzinga

Bill Ackman Warns NYC's Luxury Home Tax Will Backfire, Says It Could Lower Property Values and Tax Receipts

Billionaire investor Bill Ackman is pushing back on New York City’s pied-à-terre tax, arguing the levy will backfire by shrinking property values and tax revenue rather than boosting city coffers.

Benzinga

Ted Cruz Warns 'America Is Facing a National Literacy Crisis,' Pushes Bipartisan Bill to Overhaul Federal Literacy Programs

Sen. Ted Cruz (R-Texas) called for a shift in federal education policy, arguing that taxpayer-funded literacy programs should prioritize research-backed reading instruction methods amid concerns over declining student reading performance.

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news in one place.

100's of premium titles.
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Benzinga

Chuck Schumer Says 'Trump Is Making Americans Less Safe,' Links Iran War to Cyberattacks on US Water Systems

Sen. Chuck Schumer (D-N.Y.) accused President Donald Trump on Friday of endangering Americans through the Iran war, citing troop casualties, rising prices and cyberattacks on U.S. infrastructure, and urged Republicans to help end the conflict.

Benzinga

Marjorie Taylor Greene Pushes Back on Trump's 'King of Oil' Claim, Blames Iran War for High Gas Prices

Former Rep. Marjorie Taylor Greene (R-Ga.) criticized the Trump administration’s energy messaging after President Donald Trump celebrated rising U.S. oil exports, arguing that fuel prices remain a major concern for Americans amid tensions with Iran.

Benzinga

Trump Threatens to Keep Todd Blanche as Acting AG, Revive Anti-Weaponization Bill if Senate Rejects Nominee

President Donald Trump warned he could keep Todd Blanche as acting attorney general and renew efforts to pass an "Anti-Weaponization Bill" if Republican senators do not confirm his nominee for the Justice Department’s top role.

Benzinga

Bernie Sanders Says 'The Billionaires Must Pay Their Fair Share' as He Pushes 5% Wealth Tax to Raise $4.4 Trillion

Sen. Bernie Sanders (I-Vt.) renewed his call for a federal wealth tax, arguing that taxing the nation’s richest Americans would help finance sweeping social programs aimed at supporting working families.

Benzinga

Trump Rejects His Own DOJ's Findings, Says 'Pure Vandalism'—Not Faulty Installation—Damaged Lincoln Memorial Reflecting Pool

President Donald Trump rejected his own Justice Department’s conclusion on Saturday that a flawed installation, not vandalism, caused the newly renovated Lincoln Memorial Reflecting Pool lining to peel.

Benzinga

Elon Musk's Net Worth Down Nearly $700 Billion Amid Tesla, SpaceX Merger Rumors

Elon Musk’s net worth continued to plunge this week as shares of his two flagship companies, Tesla (NASDAQ:TSLA) and SpaceX (NASDAQ:SPCX), retreated amid swirling merger speculation, with traders also positioning ahead of SpaceX’s upcoming earnings report.

Benzinga

Steve Jobs Once Told Bill Gates Microsoft Had 'Absolutely No Taste' and the Tech Boss Fired Back, Saying the iPad Was Just a 'Nice Reader' — Years Later, One of Them Was Very Wrong

Despite serving different core markets, Microsoft Corp. (NASDAQ:MSFT) and Apple Inc. (NASDAQ:AAPL) have long competed fiercely in operating systems, consumer hardware and enterprise software, leading to a history of rivalry between their leaders.

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