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The Latest Breaking News from Benzinga

Trump's $10 Billion Media Lawsuit Turns Toward His Own Business Empire as Judge Allows BBC to Examine Finances of More Than 400 Companies

A federal magistrate judge ordered President Donald Trump to turn over financial records in his $10 billion defamation lawsuit against the BBC, allowing the broadcaster to examine more than 400 companies held through a Trump family trust.

Benzinga

Rick Scott Says 'Everything the Government Touches Becomes Unaffordable,' Argues Less Red Tape Would Bring Prices Down

Sen. Rick Scott (R-Fla.) argued that government intervention drives up costs for Americans, calling for fewer regulations, lower taxes and a greater reliance on free-market solutions to make everyday expenses more affordable.

Benzinga

Trump Reportedly Greenlights Massive 30-Year Saudi Nuclear Deal Worth Billions as Uranium Enrichment Clause Sparks Alarm

President Donald Trump has reportedly sanctioned a groundbreaking nuclear deal with Saudi Arabia, which could potentially equip the kingdom with uranium enrichment capabilities for its civilian nuclear program.

Benzinga

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Trump Allows US Airlines to Fly Directly to Lebanon Following White House Talks With Joseph Aoun

President Donald Trump has said that U.S. domestic airlines will begin flying to Beirut after meeting with Lebanon’s President Joseph Aoun.

Benzinga

Gavin Newsom Says Trump's Canada Tariffs Will Raise Costs, Asks How Many 'Tantrums' Do Americans Have To Suffer Through

President Donald Trump‘s new 50% tariffs on Canadian goods drew criticism on Tuesday, with Gov. Gavin Newsom (D-Calif.) warning the move would raise costs for Americans, while economist Justin Wolfers said the tariffs could weaken confidence in future U.S. trade agreements.

Benzinga

Anthony Scaramucci Calls Out Trump Media's Truth API for Selling Wall Street a Speed Advantage to 'Front-Run' Trades

Trump Media & Technology Group Corp. (NASDAQ:DJT) is monetizing President Donald Trump’s social media platform by offering Wall Street ultra-fast access to his online posts, a controversial move that Anthony Scaramucci argues is explicitly designed to let elite hedge funds exploit everyday retail investors.

Benzinga

Chuck Schumer Slams Trump After President Says Iran Conflict Had '18 Dead,' Accuses Him of 'Bragging' About US Military Losses

Senate Minority Leader Chuck Schumer (D-N.Y.) criticized President Donald Trump after the president highlighted a lower U.S. military death toll in the Iran conflict compared with past wars.

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Elon Musk Needs to 'Shore Up Credibility,' Stop Making 'Outlandish' Promises, Says Gary Black Ahead of Tesla's Q2 Earnings

Investor Gary Black of The Future Fund LLC has slammed Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk‘s Robotaxi promises to investors ahead of the EV giant’s second-quarter earnings call after market close on Wednesday.

Benzinga

Bernie Sanders Slams Trump’s Unconstitutional War in Iran—Hakeem Jeffries Decries High Gas Prices, Troops Killed

Sen. Bernie Sanders (I-VT) and House Minority Leader Rep. Hakeem Jeffries (D-NY) slammed President Donald Trump amid escalating tensions with Iran.

Benzinga

Cyclospora Cases Rise to 4,173 as Recalled Lettuce Outbreak Spreads Across 41 States, Even as Robert F. Kennedy Jr. Says Situation 'Under Control'

On Tuesday, the Centers for Disease Control and Prevention said thousands more suspected cases remain under investigation as federal and state officials probe a multistate outbreak linked to recalled iceberg lettuce.

Benzinga

SK Hynix Dismisses Intel Ohio Buyout Report: 'We Have No Plans for an Acquisition' (UPDATED)

Editor’s Note: This story has been updated to include a response from an Intel spokesperson.

Benzinga

Bitcoin, Ethereum, XRP, Dogecoin Lift Amid Crypto Bill Optimism: Analyst Flags BTC's 'Biggest Test'

Major cryptocurrencies rose on Tuesday as investors digested reports that the White House agreed to an ethics package accompanying the cryptocurrency Clarity Act.

Benzinga

Pete Hegseth Tells Senate Iran War Has Cost $37.5 Billion as He Seeks Billions More: 'Without These Funds, We Face Critical Shortfalls'

The Pentagon has raised its official estimate for the cost of the U.S.-Israel war against Iran to $37.5 billion, as Defense Secretary Pete Hegseth defended a broader request for nearly $70 billion in supplemental war funding during a Senate hearing.

Benzinga

Trump's Ally Hints at Blocking Netflix, Amazon, ESPN From 2030 World Cup Rights

The 2026 World Cup was a big ratings win for Fox Corporation (NASDAQ:FOXA) and Comcast Corporation (NASDAQ:CMCSA), which have U.S. media rights for the once-every-four-year soccer tournament. With strong ratings and the potential for more games in the 2030 and 2034 tournaments, media and streaming giants are ready for a…

Benzinga

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Benzinga

Tesla Q2 Preview: Could This Be ‘The One That Helps Turn Things Around’?

Electric vehicle giant Tesla Inc (NASDAQ:TSLA) could highlight its progress in robotaxis, FSD and humanoid robots when the company reports second-quarter financial results Wednesday after market close.

Benzinga

A Hidden Fed Disconnect Could Become the Market's Biggest Risk

The biggest macro disagreement on Wall Street today isn’t about inflation or economic growth. It’s about the direction of interest rates.

Benzinga

GE Vernova Earnings Prediction Market Preview: Kalshi Traders Bet On Iran And Vietnam, Not Wind Blades

GE Vernova Inc. (NYSE:GEV), the $291 billion power and grid business spun out of General Electric in 2024, reports second-quarter earnings Wednesday before the open, with analysts expecting $3.17 per share on revenue of $10.77 billion.

Benzinga

OpenAI, xAI, Project Prometheus Fuel $463 Billion Venture Funding Surge

Global venture funding surged in the first half of 2026 as investors poured record amounts of capital into artificial intelligence companies, but the boom masked a growing divide across the startup ecosystem.

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Benzinga

Did Congress Waste Warsh Hearings on AI While Inflation Runs Hot? Cato Blasts Focus on 'Trendy Topics'

New Federal Reserve Chairman Kevin Warsh faced Congress last week for the first time, but a Cato Institute economist says lawmakers may have squandered their best chance to press him before rates move.

Benzinga

Larry Fink Says AI Needs More Electricity. Google Is Trying To Need Less Of It.

As investors prepare for Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) earnings, Wall Street is once again focused on AI spending, cloud growth and capital expenditures. But BlackRock Inc. (NYSE:BLK) CEO Larry Fink believes the industry’s biggest constraint isn’t chips or models anymore—it’s electricity.

Benzinga

Chaos at Twenty One Capital: CEO Quits, Major Bitcoin Merger Dies, Stock Tanks

Twenty One Capital Inc. (NYSE:XXI) stock plunged nearly 10% Tuesday following a major leadership shakeup and the collapse of a proposed three-way merger designed to build a unified Bitcoin platform.

Benzinga

'Buy Any Dip' in SpaceX Stock — Macquarie Sees Massive Upside Ahead

Macquarie sees SpaceX (NASDAQ:SPCX) as a premier AI infrastructure asset and argues that pullbacks in the stock are buying opportunities given the firm’s $250 price target and structural AI tailwinds.

Benzinga

Gas Is Back at $4, but a Top Commodity Analyst Says the Real Pain Is in Diesel

The national average price of gasoline hit $4 a gallon on Monday, up 15% in a week, as conflict in the Strait of Hormuz spread to Saudi Arabia. But one commodity analyst says drivers are looking at the wrong number.

Benzinga

2026's Hottest Stocks Turn Ice Cold in July: SanDisk Down 37%, Intel Drops 28%

The market’s most explosive first-half winners of 2026 are getting hammered in the second half, and the reversal has been swift and severe.

Benzinga

Micron Stock Has 66% Upside As Open‑Source AI Models Guzzle Memory, BofA Says

The rise of cheap, open-source Chinese AI models was supposed to be a threat to the companies that sell expensive memory chips.

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