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The Latest Breaking News from Benzinga

Bernie Sanders Highlights Report Finding 57 Trump Officials Worth at Least $100 Million: 'Government Of The Rich, By The Rich, For The Rich'

Sen. Bernie Sanders (I-Vt.) criticized President Donald Trump’s administration after a report found that 57 Trump officials are worth at least $100 million.

Benzinga

Elon Musk Responds After Former Ukrainian Defense Minister Credits SpaceX With Saving Thousands of Lives

Elon Musk said he is "trying to do the right thing" after former Ukrainian Defense Minister Mykhailo Fedorov credited Space Exploration Technologies Corp. (NASDAQ:SPCX) with blocking unauthorized Russian use of Starlink in Ukraine, saying the intervention protected the country’s air defenses and saved civilian lives.

Benzinga

Chuck Schumer Slams Trump’s Iran MoU as ‘Utter Failure’ as Gas Prices Top $4: ‘One of the Greatest Foreign Policy Fiascos’

Senate Minority Leader Sen. Chuck Schumer (D-NY) slammed President Donald Trump on Monday amid rising fuel costs and ongoing tensions between Washington and Tehran, criticizing the earlier Memorandum of Understanding (MoU) signed between the U.S. and Iran.

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Michael Saylor Says Don't Invest in Bitcoin Unless You’ll Hold It for Over 4 Years— MSTR Chair Offers No 'Useful Wisdom' for Short-Term Traders (UPDATED)

Editor’s Note: The story has been refreshed with the latest market price action.

Benzinga

Trump Says He's Making It 'Much Safer' With North Korea as Kim Jong Un Responded to His Talks Request: 'He Didn't Like Biden. He Didn't Like Obama'

President Donald Trump said North Korean leader Kim Jong Un responded to his request for talks while defending changes to U.S.-South Korea military exercises as a move to reduce tensions.

Benzinga

Rocket Lab Joins Boeing, Lockheed Martin and Northrop Grumman in $981M Space Force Program to Build Advanced Test Infrastructure

Rocket Lab Corp. (NASDAQ:RKLB) has been onboarded to the U.S. Space Force’s NITE-STAR program, a $981 million contract vehicle supporting space test and training infrastructure, the company announced Monday.

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Tesla’s Steering-Wheel-Free Cybercab Could Hit Austin Streets This Month as Elon Musk Ramps Up Robotaxi Push: TSLA Stock Down 1.38% (UPDATED)

Editor’s Note: The story has been refreshed with the latest market price action and a revised headline.

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Cathie Wood Buys $22.8 Million of Nvidia Stock, Ark Invest Dumps AMD and Palantir Shares

On Monday, Cathie Wood-led Ark Invest executed significant trades involving NVIDIA Corp. (NASDAQ:NVDA), Advanced Micro Devices, Inc. (NASDAQ:AMD), and Palantir Technologies Inc. (NASDAQ:PLTR).

Benzinga

Google is Paying $10 Million for Bankrupt Spirit Airlines' Old Emails and Spreadsheets: Here's Why

Alphabet Inc.‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has reportedly agreed to buy internal business data from bankrupt Spirit Airlines for $10 million to use for product development and artificial intelligence model training.

Benzinga

Bitcoin, Ethereum, Dogecoin Rise, XRP Flat as Trump Prepares to Host White House Crypto Summit: Analyst Says BTC 'High-Momentum Uptrend' Unlikely Until This Happens

Leading cryptocurrencies rose on Monday as investors weighed developments related to Iran and the possibility of a White House meeting with cryptocurrency and prediction-market executives.

Benzinga

Trump Rejects Iran Ceasefire Extension as Tehran Threatens ‘Fully Offensive’ Posture: Brent Trades At $91

President Donald Trump rejected extending a temporary Iran ceasefire as Tehran threatened to adopt a more aggressive military stance, raising fresh concerns about the Strait of Hormuz, global oil supplies and financial markets.

Benzinga

Senator Worth Reported $100M+ Discloses Trades in 5 Private Companies

The trading activity of members of Congress continues to generate increased attention from retail investors, especially when the trades are made in private companies and can’t be readily copied.

Benzinga

Nasdaq's Going Almost 24/7: Exchange Eyes 23-Hour Trading Day

Nasdaq Inc. (NASDAQ:NDAQ) is angling to keep the lights on almost all day, every trading day. The exchange is engaging with regulators to launch nearly continuous trading — 23 hours per day, five days per week.

Benzinga

Nvidia Is the Best S&P 500 Stock of the Past 10, 15, 20 Years — but 4 Stocks Beat It Over the Past 5 Years

NVIDIA Corp (NASDAQ:NVDA) stock has been one of the top gainers over the past five years, with the company becoming the ninth public company to hit a market capitalization of $1 trillion or more. While Nvidia stock has dominated several top-performing lists over the last 20 years, the stock ranks…

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Home Depot Could Swing $14.6 Billion After Earnings

Earnings are set to hit the tape on Tuesday, and options markets are already drawing the battle lines on how far these stocks could swing once results and guidance land, according to Benzinga Pro.

Benzinga

Anthropic CEO Says AI Could Cure Most Human Disease in 5-10 Years — but Admits Big Promises Haven't Landed

Anthropic CEO Dario Amodei said AI could help cure most human diseases within five to 10 years, while arguing that the industry must deliver real breakthroughs in medicine and biology rather than rely on optimistic messaging to win public trust.

Benzinga

Home Depot Earnings Prediction Market Preview: Will CEO Ted Decker Talk About Tariffs?

Home Depot Inc. (NYSE:HD) reports second-quarter earnings before the bell Tuesday, with investors looking for signs that the home improvement downturn is finally bottoming.

Benzinga

The Slow-Motion Memecoin: Why Nike’s Multi-Year Unwind Is Taking So Long to Fix

Nike Inc.’s (NYSE:NKE) stock-market round trip has begun to resemble a memecoin crash in slow motion. It had a pandemic-era surge, a peak near $180, and then a grinding collapse below $40 as investors discovered the company’s growth story had been flattered by a strategy harder to unwind than to…

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xAI Faces Fresh Allegation Over Grok’s Role in Creating Child Abuse Material

Elon Musk‘s xAI faces mounting legal pressure after a woman identified as Jane Doe 4 joined a lawsuit accusing the Grok chatbot of enabling the creation of child sexual abuse material.

Benzinga

SanDisk Rips 10%, Micron Rises 6% as AI Memory Frenzy Builds: Stock Market Today

U.S. stocks drifted lower at midday Monday as a violent melt-up in AI optical and memory names collided with a bond market that refuses to settle down, leaving the S&P 500 a whisker below Friday’s close after last week’s record.

Benzinga

Bill Ackman Bets Big on Magnificent 7 Stocks, But Only Loves 3 of Them

Bill Ackman and Pershing Square Capital (NYSE:PS) have unveiled their portfolio for the second quarter, which includes several new stocks added. The quarter also included major changes to Ackman’s growing bets on the Magnificent Seven stocks.

Benzinga

Anthropic Paying 33% Above Market for AI Capacity, JPMorgan Says

The AI race may be driving a new pricing benchmark. JPMorgan estimates Anthropic agreed to pay roughly $2.4 per watt per year for capacity at Riot Platforms, Inc‘s (NASDAQ:RIOT) Texas data center — about 33% above the firm’s estimated industry average of $1.8 per watt per year — suggesting that…

Benzinga

SpaceX Stock Is Everywhere: Google, Nvidia, AMD, Harvard Disclose Stakes

Space Exploration Technologies Corp.‘s (NASDAQ:SPCX) Nasdaq debut turned Elon Musk‘s rocket company into one of the most widely disclosed names in the current round of 13F filings, with tech giants, hedge funds and university endowments all revealing sizable positions.

Benzinga

Micron’s AI Boom Could Unlock a $640 Billion Cash Flow Machine, But the Market Barely Sees It

Micron Technology Inc. (NASDAQ:MU) could generate more than $640 billion in cumulative free cash flow through fiscal 2030 under a scenario modeled by Bank of America’s analyst Vivek Arya.

Benzinga

SpaceX Launches 2 Rockets Just 38 Minutes Apart, Setting New Record for Musk’s Launch Machine

Elon Musk’s SpaceX (NASDAQ:SPCX) launched two Falcon 9 rockets just 38.5 minutes apart on Saturday night, a doubleheader Space.com described as a new record for the shortest time between orbital flights.

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