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The Latest Breaking News from Benzinga

Alex Karp Says Companies In 'Dire Trouble Go To The White House' For Bailouts, Palantir Isn't One Of Them: We 'Absorb The full Risk Of Our Failure'

Palantir Technologies Inc. (NASDAQ:PLTR) CEO Alex Karp, on Wednesday at the New York Times DealBook Summit, said that companies seeking government bailouts are often in "dire trouble," while stressing that his company does not fit that description.

Benzinga

Why UiPath Shares Are Trading Higher By Around 9%; Here Are 20 Stocks Moving Premarket

Shares of UiPath Inc. (NYSE:PATH) rose sharply in pre-market trading after the company reported upbeat third-quarter financial results and issued fourth-quarter sales guidance with its midpoint above estimates.

Benzinga

Scott Bessent Says Trump's 'Exact Tariff Structure' To Continue 'Permanently' Regardless Of Supreme Court Decision

U.S. Treasury Secretary Scott Bessent expressed confidence that the administration would be able to enforce its tariff policies, regardless of the outcome of an ongoing Supreme Court case.

Benzinga

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Martin Shkreli Takes Position In QCLS, Leveraging Microsoft's Optical Computing Roadmap For Bull Case: '$100 Is My Near-Term Target'

Martin Shkreli has announced a strategic investment in Q/C Technologies Inc. (NASDAQ:QCLS), setting a bold near-term price target of $100.

Benzinga

OpenAI's Sam Altman Explored Deal To Acquire Potential Rival To Elon Musk's SpaceX: Report

OpenAI co-founder and CEO Sam Altman reportedly explored deals to acquire a potential rival to Elon Musk's commercial space flight company SpaceX amid a “code red” declaration focused on improving product quality.

Benzinga

Dave Ramsey Slams 'Illogical' Father Trying To Bribe Son Into Giving Up $300,000 Inheritance: 'What Planet Does He Live On...?'

A tense call to The Ramsey Show turned explosive when a young man revealed that his father was pressuring him to surrender a six-figure inheritance in exchange for a few thousand dollars upfront.

Benzinga

Melania Trump's Former Immigration Lawyer Slams Republican Bill To End Dual Citizenship In The US

First Lady Melania Trump‘s former immigration attorney criticized Sen. Bernie Moreno‘s (R-Ohio) bill that would require U.S. citizens to renounce any foreign citizenship they hold, thus ending dual citizenship.

Benzinga

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C3.ai CEO Stephen Ehikian Admits Fallout From Tom Siebel's Health Crisis, Sales Reorg Chaos: 'There's Work To Be Done...'

On Wednesday, C3.ai Inc.'s (NYSE:AI) CEO, Stephen Ehikian, addressed the company's troubles as he works to stabilize the enterprise AI firm after months of missed targets, leadership turmoil and a disruptive overhaul of its sales organization.

Benzinga

Salesforce Counters 'Pilot Purgatory' Fears With 70% Surge In Agentforce Deployments

Salesforce Inc. (NYSE:CRM) delivered a rebuttal to fears of stalled AI adoption in its third-quarter earnings report Wednesday, presenting data that directly contradicts recent channel checks suggesting customers were stuck in “pilot purgatory.”

Benzinga

Dow Gains Over 400 Points On Rising Rate Cut Bets: Greed Index Moves To 'Fear' Zone

The CNN Money Fear and Greed index showed some easing in the overall fear level, while the index moved to the “Fear” zone on Wednesday.

Benzinga

Trump Weighs Making Treasury Secretary Scott Bessent His Top Economic Adviser If Kevin Hassett Becomes Fed Chair: Report

President Donald Trump is reportedly contemplating appointing U.S. Treasury Secretary Scott Bessent as his chief economic adviser if incumbent Kevin Hassett is chosen as the next Chairman of the Federal Reserve.

Benzinga

Ted Cruz, Sean Duffy Slam Biden Admin's CAFE Standards, Tout Safer, Affordable Cars For Americans Amid Trump Rollback: 'Buttigieg And Biden Broke..'

Sen. Ted Cruz (R-TX) and Transportation Secretary Sean Duffy have hailed President Donald Trump's move to relax CAFE norms amid affordability concerns.

Benzinga

Gavin Newsom Says Trump's 'Ruthlessness' Is Clear After National Guard Federalization, Urges People To 'Wake Up What Is Going On'

Gov. Gavin Newsom (D-Calif.) on Wednesday renewed his criticism of President Donald Trump's decision to federalize California National Guard troops and deploy active-duty Marines to Los Angeles to confront immigration protests, saying some forces remain under federal control months after the June operation.

Benzinga

Jensen Huang Reveals AI's Biggest Problem, And It Is Not Chips — Joe Rogan Agrees This Is The 'Smartest' Way To Solve It

On Wednesday, Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang told Joe Rogan that the future of artificial intelligence won't be constrained by chips but by electricity — and he expects tech giants to start powering their data centers with their own nuclear reactors.

Benzinga

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Michael Burry's Pick Lululemon Faces 'De Minimis' Test In Q3: But Bulls Expect 'Retail Bellwether' To Surge By Over 60% In 2 Years

Lululemon Athletica Inc. (NASDAQ:LULU) heads into its third-quarter earnings report as a battleground stock. Recently revealed as a high-conviction contrarian pick by ‘Big Short’ investor Michael Burry—who views the 2025 sell-off as “window dressing”—the company nonetheless faces an immediate financial hurdle.

Benzinga

Ross Gerber Says Prediction Markets Are Just 'Illegal' Sports Betting Operations As Kalshi Faces Increased Legal Heat

Renowned investor Ross Gerber likened prediction markets to “illegal sports betting” on Wednesday amid a legal crackdown on such platforms.

Benzinga

Why Are Torrid Holdings (CURV) Shares Falling After Hours?

Torrid Holdings Inc. (NYSE:CURV) shares fell 14.5% to $1.12 in after-hours trading on Wednesday after the retailer reported its third-quarter fiscal results.

Benzinga

Kevin O'Leary Warns US Making A 'Strategic Mistake,' Says 'Restricting Nvidia Chips Doesn't Hurt China' But Helps Rivals Build Their Own AI Stack

Entrepreneur and investor Kevin O'Leary said Wednesday that selling U.S. AI chips to all countries, including rivals, is the best way to maintain long-term American technological dominance.

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Benzinga

Gavin Newsom Slams Trump For Letting China Dominate EVs — Criticizes CAFE Rollback Which Will 'Poison' Air: 'We'll Fight Tooth And Nail…'

California Governor Gavin Newsom (D-Calif.) has slammed the Trump administration for letting China race ahead of the U.S. in the electric vehicles and clean energy sectors.

Benzinga

Ford CEO Jim Farley Hails Trump's CAFE Rollback, Reaffirms Investment In US-Made Cars—Sean Duffy Says Decision Will Save $109 Billion For Americans

Ford Motor Co. (NYSE:F) CEO Jim Farley has reaffirmed the automaker's commitment to building more affordable cars as President Donald Trump scaled back Corporate Average Fuel Economy (CAFE) norms.

Benzinga

Bernie Sanders Says Likes Of Jeff Bezos And Elon Musk Now Own More Wealth Than 50% Of Americans Combined, Wonders If Thats What People Are Angry About

Sen. Bernie Sanders (I-Vt.) has renewed his criticism of extreme wealth concentration, arguing that the fortunes of three tech billionaires now eclipsing the bottom half of American households reflect a fundamentally broken economic system.

Benzinga

Jared Isaacman Dodges Question On Whether Elon Musk Was Present When Trump Offered Him The NASA Administrator Job: 'Don't Think It's Fair'

On Wednesday, National Aeronautics and Space Administration administrator nominee Jared Isaacman refused to say whether Tesla Inc. (NASDAQ:TSLA) and SpaceX CEO Elon Musk was in the room when President Donald Trump offered him the job.

Benzinga

Trump Pardons Henry Cuellar And Wife Indicted For Taking $600,000 In Bribes, Says Texas Rep Was Targeted For 'Bravely' Speaking Against Open Borders

President Donald Trump on Wednesday pardoned Texas Rep. Henry Cuellar (D) and his wife in a federal bribery and conspiracy case, calling the prosecution proof of a "weaponized" justice system and igniting fresh controversy over his sweeping use of clemency.

Benzinga

Crypto Billionaire Changpeng Zhao Urges Parents To 'Protect' Kids By Making Sure Their Coins Aren't Stuck If The 'Worst Happens'

Binance (CRYPTO: BNB) co-founder Changpeng “CZ” Zhao stressed on Wednesday the importance of securing children’s access to cryptocurrency in a “worst case” scenario, following the launch of Binance Junior, a parent-controlled sub-account.

Benzinga

Pete Hegseth Claims 'Total Exoneration' After Pentagon Review Reportedly Finds He Shared Sensitive Plans On Signal App, Says 'Case Closed'

On Wednesday, former Fox News host and the current U.S. Defense Secretary Pete Hegseth declared full clearance after a Pentagon investigation reportedly found he shared sensitive Yemen strike information via Signal but did not assess whether it was classified.

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