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The Latest Breaking News from Benzinga

Apple Hits Record Highs, Eyes Foldable Market Share, Tim Cook's Final Earnings Call and More: This Week in Appleverse

It’s been another eventful week for Apple Inc. (NASDAQ:AAPL), with the stock hitting record highs, foldable phone ambitions taking shape and Tim Cook approaching his final earnings call as CEO. Here’s a quick recap of the major Apple stories that came in over the week.

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Samsung Cuts US Jobs, Tariff Wars Escalate and More: This Week in Economics

It’s been another eventful week on the economic front, with tariff battles, corporate restructuring and regulatory appointments setting the stage for what’s ahead. Here’s a quick recap of the major economic stories that came in over the week.

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Iran War Escalates, Political Divides Deepen and Streaming Giants Face World Cup Roadblock and More: This Week in Politics

It’s been another eventful week, with political leaders making bold statements and setting the stage for future events. Here’s a quick recap of the major political stories that came in over the week.

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Mark Cuban Says CEOs are 'Shocked' by Hidden Healthcare Costs, Urges Companies to Use AI to Find Where They Are Being Ripped Off

Billionaire entrepreneur Mark Cuban argued that companies may be overspending on healthcare because executives lack visibility into complex insurance contracts and urged them to use artificial intelligence tools to identify hidden costs.

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Elon Musk Says Mars Could Shield Humanity From Deadly Pandemics, Rogue AI — And Maybe Even Lead Us to Aliens

Elon Musk argued on Saturday that building a durable human foothold on Mars could act as a buffer against Earth-origin threats, from lethal outbreaks to hostile AI, because distance and travel time create built-in barriers.

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Bernie Sanders Calls Gulf Monarchs 'Billionaire Dictators,' Says They're Trump's 'Best Friends'

Sen. Bernie Sanders (I-Vt.) criticized President Donald Trump’s relationships with Gulf monarchies, arguing the administration has embraced some of the world’s wealthiest ruling families despite their authoritarian systems.

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Anthony Scaramucci Says 'There Are Really Two Americas Right Now' as He Warns of Deep Political Divide

Former White House communications director Anthony Scaramucci said the U.S. is facing a deep political divide between establishment institutions and frustrated populist voters, arguing that a leader who acknowledges both sides could reshape American politics.

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Trump Says 'Preference Is Diplomacy' as Houthis Strike Saudi Aramco Sites, Raising Fears of Wider Middle East War

The Iran conflict expanded into new flashpoints across the Middle East as Tehran-backed Houthi forces targeted Saudi energy infrastructure while Washington paused further strikes amid concerns over a broader regional war.

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Trump’s Election Integrity Push Faces New Setback as Appeals Court Blocks Voting Order, Says President Lacks Power to 'Intimidate Local Election Officials'

A federal appeals court dealt President Donald Trump a legal setback by leaving in place an injunction that blocks key provisions of his executive order aimed at tightening oversight of mail-in voting before the upcoming midterm elections.

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Hunter Biden Says the U.S. Is Being Divided on Purpose by 'An American Oligarchy That Profits From the Fight'

Hunter Biden says the U.S. is not as politically divided as it seems. Instead, he believes powerful interests are intentionally fueling conflict because they benefit from it.

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Crude Oil Trading Isn't Trading Higher Despite Iran and Ukraine Wars

Crude oil prices have surged over the past three weeks, with Brent climbing from this month’s low of $70 to $100 on Thursday. West Texas Intermediate (WTI) has jumped from $67.20 to $93.50 over the same period.

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Why is Salesforce the Worst-Performing Dow Jones Stock?

Salesforce (NYSE:CRM) has become a fallen angel, with its stock plunging 56% from its all-time high. It has fallen 38% this year alone, making it the worst-performing stock in the Dow Jones Index. So why has this once-popular software stock been in retreat since December 2024?

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Tesla, Intel, Google All Dropped After Earnings - Will Microsoft, Amazon, Meta Follow?

Top technology stocks plunged after releasing their second-quarter results. Tesla (NASDAQ:TSLA) fell to $306, its lowest level since August 4 and down 39% from its all-time high. The stock retreated after its earnings per share missed analysts’ estimates and after the company recorded negative free cash flow.

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XRP Price on Edge as ETF Inflows Head for Worst Performance Since April

XRP (CRYPTO: XRP) has remained on edge for nearly two months as the crypto winter continues. The token was most recently trading at $1.1022, still confined within the $1.0077 support level and $1.2898 resistance level that have defined its range throughout this period.

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Trump Slams EU’s Billion‑Dollar Tech Penalties Targeting US Companies

US President Donald Trump has warned the European Union (EU) that it will "pay a very big price" for fining American tech companies.

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Saudi-Led Coalition Strikes Houthi Targets In Response to Militia Attacks; Energy Markets Brace for Volatility

The Saudi‑led coalition in Yemen struck Houthi targets on Saturday in response to missile attacks launched by the Iranian‑backed group.

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Kuwait Signs $16 Billion Pipeline Deal With Blackstone, KKR, Brookfield Despite Rising Regional Tensions

Kuwait Petroleum Corp. (KPC) agreed to a $16 billion lease‑and‑leaseback deal with Blackstone Inc., KKR & Co. Inc. and Brookfield Asset Management Ltd. for its crude oil pipeline network, a landmark transaction struck amid rising regional tensions.

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Intel, Tesla, IBM And More: 5 Stocks Investors Couldn't Stop Buzzing About This Week

Retail investors talked up five hot stocks during the week (July 20 to July 24) on X and Reddit’s r/WallStreetBets, driven by retail hype, earnings, AI infrastructure momentum, and corporate news flow.

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Benzinga Bulls and Bears: IBM, Super Micro, Tesla

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.

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Ray Dalio Says 'Final Battle' At the Strait of Hormuz Is Here— And It Could Decide If the US Empire 'Survives or Falls'

Billionaire investor Ray Dalio said Friday that the Iran war’s outcome hinges entirely on the Strait of Hormuz, warning a decisive clash is imminent.

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Gavin Newsom Slams Trump After Filing Shows $7.5 Billion in Clean Energy Grants Were Cut Based on 2024 Election Results— 'Where the Hell Is Congress?'

On Friday, Gov. Gavin Newsom (D-Calif.) criticized the Donald Trump administration after a court filing acknowledged that more than $7.5 billion in federal clean energy grants were selected for termination based on whether recipient states backed Trump or Democratic nominee Kamala Harris in the 2024 election.

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Trump Defends DOJ's New York Times Reporter Subpoenas as Google Is Drawn Into Air Force One Leak Investigation: 'We're After Leakers'

On Friday, President Donald Trump defended the Justice Department’s efforts to identify the source of a leak involving his Qatari-donated Air Force One after court filings revealed Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google was also subpoenaed in the criminal investigation.

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Trump Official Slams Anthropic Days After It Backed White House's Moonshot AI Theft Allegations: 'No AI Company More Hostile to the Warfighter'

On Friday, after Anthropic endorsed White House accusations that Chinese startup Moonshot AI stole U.S. artificial intelligence capabilities, a senior Defense official criticized the company over its military AI policies.

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Trump Says He Is 'Close' to Ordering Massive Attack on Iran as Pakistan Reportedly Pushes to Revive Peace Talks

President Donald Trump said he is nearing a decision on launching a “massive attack” on Iran while Pakistan is reportedly working to revive stalled negotiations between Washington and Tehran.

Benzinga

Paramount Delays Warner Bros. Deal to June 2027 Amid Legal Fight — But Calls It 'Significant Win'

Paramount Skydance (NASDAQ:PSKY) said Friday it has agreed to push back the outside date for its planned purchase of Warner Bros. Discovery (NASDAQ:WBD) to as late as June 2027, as a multistate antitrust fight slows the timetable and increases what it may owe WBD shareholders.

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