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The Latest Breaking News from Benzinga

Elizabeth Warren Slams Trump's 'Pattern of Corruption,' Cites United Airlines, Toyota $1 Million Inauguration Donations

Sen. Elizabeth Warren (D-Mass.) criticized President Donald Trump, accusing the White House of enacting favorable policies for businesses that donated millions of dollars to the Trump Inauguration Fund.

Benzinga

SK Hynix Slump Marks 'Short-Term Bottom' in AI Stocks Fueled by Forced Liquidations, Says Dan Niles

Tech investor Dan Niles says the severe drop in SK Hynix Inc. (NASDAQ:SKHY) shares and the broader semiconductor sector represents a “short-term bottom” for artificial intelligence (AI) stocks, attributing the violent selloff to “forced liquidations” rather than a fundamental industry crash.

Benzinga

Robinhood CEO Says Hitting a $1 Trillion Valuation Will Be 'Very, Very Difficult'— but He Thinks It 'Can Be Done'

Robinhood Markets Inc. (NASDAQ:HOOD) CEO and Chairman, Vlad Tenev, said reaching a $1 trillion market cap would be very difficult, but he believes it’s achievable.

Benzinga

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Gary Black Pegs TSLA's Fair Value at $312, Says 'Don't Fall in Love With the Stock'

Investor Gary Black of The Future Fund LLC says the fair value price for Tesla Inc. (NASDAQ:TSLA) would be $312, reaffirming his concerns with the Elon Musk-led company’s valuation.

Benzinga

Robinhood’s AI Trading Agents Have Over 100,000 Users— but CEO Vlad Tenev Admits the Models Sometimes ‘Fights You’ When Asked to Trade

Robinhood Markets Inc. (NASDAQ:HOOD) CEO Vlad Tenev said more than 100,000 users have signed up for the company’s AI-powered Agentic trading accounts, though he acknowledged that current AI models still create friction when it comes to executing trades.

Benzinga

Scott Bessent Hits Iran-Backed Maritime Network With Sanctions, Says US Won’t Let Tehran 'Hold Global Commerce Hostage'

The Treasury Department announced sanctions against two Iran-linked companies accused of supporting an Islamic Revolutionary Guard Corps-backed maritime scheme, with Treasury Secretary Scott Bessent warning that Tehran is exploiting global shipping networks to generate revenue.

Benzinga

Mark Zuckerberg Says Can't Rely on Open Source AI Models Right Now: 'We Think That There's Some Risk…'

Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg said the company will continue building its own frontier AI models rather than relying on third-party open-source alternatives, saying today’s open-source models lag behind the industry’s most advanced systems and that depending on other companies’ technology carries strategic risks.

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China Says US Humanoid Robot Ban 'Severely Damages' Relations—Here's How It Could Affect Elon Musk's Optimus: 'China Makes Half…'

Chinese authorities criticized the Donald Trump administration’s restrictions on foreign-made humanoid robots, saying that such a move heavily affects relations between the two countries.

Benzinga

Alex Jones Calls for Trump Impeachment Over Iran War: 'This Is Absolutely Out of Control'

Radio host Alex Jones called for President Donald Trump’s impeachment over the U.S. conflict with Iran, arguing the administration has exceeded its constitutional authority and is moving toward a broader war.

Benzinga

Mark Zuckerberg Says Personal AI Agents Could Soon Help Billions Manage Their Lives—and Meta is Going All In: ‘Almost Inevitable’

On Wednesday, Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg said personal AI agents could eventually help billions of people manage everything from their careers and finances to their health and relationships, calling the opportunity "almost inevitable."

Benzinga

Cynthia Lummis Says She Put Her Trump Ties 'on the Line' to Add Ethics Provisions in Crypto Bill: 'Don't Know What Else My Democrat Colleagues Need'

Sen. Cynthia Lummis (R-Wyo.) pressed Democrats on Wednesday on what additional concessions they need to move the Clarity Act forward, adding that Republicans have accommodated nearly all of their asks.

Benzinga

Cathie Wood Keeps Buying the Dip on SpaceX, Adds $20 Million of TSMC as Chip Stocks Slide

Cathie Wood’s Ark Invest leaned into some of its highest-conviction growth themes on Wednesday, July 29, led by a broad push into Space Exploration Technologies (NASDAQ:SPCX), Taiwan Semiconductor Manufacturing (NYSE:TSM), Amazon.com (NASDAQ:AMZN) and Alphabet (NASDAQ:GOOGL). The buying and selling spree came as those names sat near major news catalysts, with…

Benzinga

Samsung Stock Jumps Over 6% In Seoul as AI Memory Business Delivers Record Profit: 'Supply Constraints' Expected to Continue

Samsung Electronics Co. Ltd.‘s (OTC:SSNLF) shares rose on Thursday after the chipmaker posted a record second-quarter operating profit as surging artificial intelligence memory demand boosted its semiconductor business, though higher component costs weighed on earnings in its mobile division.

Benzinga

Bitcoin, Ethereum, XRP, Dogecoin Flat as US Resumes Iran Strikes: 'Whales Are Buying the Dip,' Says This Analyst

Leading cryptocurrencies traded flat, while stocks sold off on Wednesday as investors digested the Federal Reserve’s policy decision and renewed Middle East hostilities.

Benzinga

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Meta Platforms, Qualcomm, Robinhood, Microsoft and Chipotle: Why These 5 Stock Are on Investors' Radars Today

Major U.S. indices ended the session lower, with the Dow Jones Industrial Average falling 2.19% to 51,594.14, the S&P 500 declining 1.52% to 7,316.15 and the Nasdaq shedding 1.74% to 24,442.94

Benzinga

Trump Orders Strikes on Iran After Missile Attack: Dow Futures Gain 94 Points, Brent Hovers Near $90

Late Wednesday, U.S. military strikes on Iran and a drone attack on a U.S.-owned gas vessel in Egypt heightened fears of a broader Middle East conflict, even as U.S. stock futures moved higher and oil prices remained elevated.

Benzinga

Warsh Triggers Market Roller-Coaster As Hawkish Inflation Vow Hits Stocks

For a few minutes, Wall Street thought it knew the script.

Benzinga

SanDisk's Plunge Has Produced One of July's Hottest ETF Trades

The Tradr 2X Short SNDK Daily ETF (BATS:SNDQ) has emerged as one of July’s biggest ETF winners, soaring more than 175% as an aggressive selloff in SanDisk Corp (NASDAQ:SNDK) shares fueled demand for leveraged bearish exposure.

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Benzinga

Warsh Says Five-Year Inflation Fight Won’t End Fast as 30-Year Tops 5.2%: What Do Prediction Markets Say?

Federal Reserve Chairman Kevin Warsh held interest rates steady Wednesday for a fifth straight meeting, then told reporters that while the Fed "hasn’t done much in 42 days, the markets have done quite a bit."

Benzinga

Steve Eisman Says He'd Be 'Petrified' Running OpenAI or Anthropic as Cheap Chinese Models Threaten Price War

Steve Eisman says he wouldn’t want to run OpenAI or Anthropic right now, and with both labs preparing to go public, the timing stings.

Benzinga

Anduril, Project Prometheus Help Drive $38B Surge in Industrial Automation Investment

Private equity and venture capital investors are pouring billions into industrial automation as companies race to solve one of their biggest operational challenges: a shortage of skilled workers.

Benzinga

Apple Could Swing $170 Billion In Value After Earnings

Earnings are back in the driver’s seat on Thursday, with a Benzinga-selected slate that ranges from regulated utilities to mega-cap tech and payments. With guidance and segment commentary often moving stocks as much as the headline numbers, the options market offers a real-time read on how much volatility traders are…

Benzinga

Wall Street Is Valuing Oracle's $630B AI Backlog at 'Zero' — A Mistake, Analyst Says

Oracle Corp. (NYSE:ORCL) has become one of Wall Street’s biggest artificial intelligence winners, landing massive cloud infrastructure contracts as enterprises race to secure AI computing capacity. But according to Gil Luria, managing director and head of Technology Research at DA Davidson, investors have repeatedly misjudged the company’s AI opportunity.

Benzinga

United States Oil Stock Rallies After Trump Vows to Hit Iran Hard

United States Oil Fund (NYSE:USO) shares are surging Wednesday after President Donald Trump pledged a severe military response to an overnight Iranian ballistic missile strike on American forces.

Benzinga

Apple Q3 Preview: Stock Hits All-Time Highs, Will Earnings Justify the Momentum?

Technology giant Apple Inc (NASDAQ:AAPL) looks to maintain its lead as the most valuable company in the world with third-quarter financial results coming Thursday after market close.

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