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The Latest Breaking News from Benzinga

Trump Praises Giant Eagle's Price Cuts, Urges Other Grocery Chains to Follow: 'Stepping Up in a Big and Bold Way'

President Donald Trump said Giant Eagle’s decision to lower prices on more than 300 products shows his efforts to reduce costs for American families are gaining momentum, while calling on other grocery retailers to follow the company’s lead.

Benzinga

Elon Musk Says Traffic Will Get Worse With Robot Cars, Reaffirms Tesla FSD Will Remember Individual Preferences

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has predicted that self-driving cars will cause traffic to increase in the future as more vehicles will be on the road.

Benzinga

Samsung, SK Hynix Tumble in Seoul as China AI Breakthrough Weighs on AI Infrastructure Stocks

Seoul-listed shares of Samsung Electronics Co. and SK Hynix Inc. (NASDAQ:SKHY) fell sharply on Monday, extending last week’s sell-off and dragging South Korea’s benchmark KOSPI index lower, as investors continued to assess the implications of China’s latest AI advances.

Benzinga

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Adam Schiff Accuses Trump of Getting 'Richer Off the Presidency' Amid Reported $100,000 Truth Social Access Plan

Sen. Adam Schiff (D-Calif.) criticized President Donald Trump over a reported plan to sell faster access to his posts on Truth Social, arguing the president could benefit financially from messages that could influence financial markets.

Benzinga

Vessel Catches Fire Near the Strait of Hormuz off Oman Amid US-Iran War Escalation: Report

A vessel reportedly caught fire on Monday near the coast of Oman in the Strait of Hormuz as tensions escalate between the U.S. and Iran following missile strikes.

Benzinga

Stock Market: Will S&P 500 Open Up or Down Today?

U.S. stock futures were higher heading into Monday morning as investors weighed an escalating military campaign against Iran, rising American casualties, and renewed concerns over global oil supplies.

Benzinga

Anthony Scaramucci Says AI Will Bring a 3-Day or 4-Day Workweek, Not an Economic Crisis—'Don't Buy the AI Drama'

Former White House communications director and SkyBridge Capital founder Anthony Scaramucci says artificial intelligence (AI) will reshape the workplace by shortening the workweek, creating new types of jobs and giving people more time for recreation, rather than triggering the widespread economic disruption many fear.

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Chinese AI Models Overtake US Rivals as Token Share Among American Firms Hits Record 58%

Chinese artificial intelligence models now account for the majority of tokens processed by U.S. firms on OpenRouter, overtaking American rivals for the first time as developers increasingly adopt offerings from companies such as DeepSeek.

Benzinga

Ross Gerber Says Tesla's 'Bio Weapon Defense Mode' Is a Must-Have as Wildfires Worsen

Investor Ross Gerber of investment firm Gerber Kawasaki has touted Tesla Inc.‘s (NASDAQ:TSLA) as a handy tool amid worsening air quality due to wildfires and an increasingly severe climate crisis.

Benzinga

Ross Gerber Says Apple Should Buy Disney or 'Stop Wasting Time' in Entertainment

Apple Inc. (NASDAQ:AAPL) should either make a bold move by acquiring The Walt Disney Co. (NYSE:DIS) or abandon its entertainment ambitions altogether, investor Ross Gerber said as the latter’s shares continue to lag the broader market.

Benzinga

Benjamin Netanyahu's Office Accuses ICC Prosecutor of Using Arrest Warrant To 'Divert Public Attention' From Misconduct Allegations

Israel criticized the International Criminal Court’s (ICC) arrest warrant against Prime Minister Benjamin Netanyahu, accusing former ICC Prosecutor Karim Khan of issuing it to distract from sexual misconduct allegations against him.

Benzinga

Michael Burry Says '95% of Investors' Have No Real Idea What They Own—and Prefer It That Way

“The Big Short” investor Michael Burry said Sunday the real problem isn’t that investors don’t know what they own, it’s that most of them prefer it that way.

Benzinga

SpaceX Has Fallen 45% Since Its Peak: Gary Black Says Investors Are Breaking the 'Number One Rule in Investing'

The Future Fund LLC Managing Partner Gary Black on Sunday said investors are breaking the “number one rule in investing” by treating Space Exploration Technologies Corp. (NASDAQ:SPCX) as a great stock simply because it is a great business.

Benzinga

Bitcoin, Ethereum, XRP, Dogecoin Stay Flat Amid Iran Tensions—Analyst Says This BTC Level Could Ignite 'Sustained Bull Trend'

Leading cryptocurrencies moved sideways on Sunday as U.S. strikes on Iran continued into their “ninth consecutive night.”

Benzinga

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Benzinga

Trump Says US 'Hit Them Very Hard Again Tonight' as Troop Death Toll Climbs—Brent Oil Tops $90, Dow Futures Slip

On Sunday evening, U.S. stock futures traded mixed as investors weighed an escalating military campaign against Iran, rising American casualties and renewed concerns over oil supplies through the Strait of Hormuz.

Benzinga

Top Analysts are Extremely Bullish on 3M Stock Ahead of Earnings: Here’s Why

3M (NYSE:MMM) stock has had a tough year. It has barely moved from its January level and is up by less than 2% over the past 12 months. With its earnings due this week, top analysts from JPMorgan (NYSE:JPM), Goldman Sachs (NYSE:GS), and Jefferies (NYSE:JEF) expect the stock to rebound.

Benzinga

SpaceX Stock Falls To Record Low, But One Analyst Sees it Hitting $800

Space Exploration Technologies (NASDAQ:SPCX) stock has plunged to a record low, wiping out more than $1 trillion in market value as the enthusiasm that fueled its post-IPO rally faded.

Benzinga

Tesla Stock in Focus as It Expands German Production Ahead of Earnings

Tesla (NASDAQ:TSLA) stock will be in focus this week as the electric vehicle giant reports its financial results. The shares have fallen nearly 25% to around $380 after peaking at almost $500 in December last year.

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Benzinga

US Carries Out Retaliatory Strikes Targeting Iranian Forces After Jordan Attack

The U.S. military said it carried out retaliatory strikes Sunday against Iranian forces after attacks in Jordan killed two American service members and left another missing.

Benzinga

Jordan Intercepts Iranian Missiles As Analysts Warn Escalation Risk Is Rising

Jordanian air‑defense systems intercepted and downed three Iranian missiles on Sunday, a development that came amid ongoing Iranian strikes in the country, including an attack on Friday that killed two American service members.

Benzinga

Consumer Tech (Jul 13-17): IBM Sees Worst Day On Record, Gemini 3.5 Pro Release Delayed, Uber Acquires Delivery Hero & More

President Donald Trump, hedge fund billionaire Bill Ackman and entrepreneur Anthony Pompliano criticized New York’s decision to temporarily halt approvals for new large-scale data centers.

Benzinga

This Week in Tesla: Elon Musk Faces Pay Package Questions, US EV Prices Fall and More

Tesla Inc. (NASDAQ:TSLA) has had an interesting week, with investor questions about CEO Elon Musk‘s pay package, as well as a new California rebate program that could boost sales. Here’s a recap of this week’s top stories.

Benzinga

Weekend Round-Up: Bitcoin's New Role, Hacked CEOs And Big Bets on Crypto

This week was a whirlwind of activity in the crypto world. From CEOs discussing the future of Bitcoin to unexpected hacks, the industry was buzzing with news.

Benzinga

US Debt Surpasses 100% of GDP, AI's Impact on Wealth Inequality and More: This Week in Economy

As the week wraps up, let’s take a look at the top stories that made headlines. From the U.S. debt surpassing 100% of GDP to the warning issued by a top European venture capitalist, here’s a quick round-up of the week’s key events.

Benzinga

Iran's Supreme Leader Criticizes Trump, MAGA-Aligned Europe Grants and More: This Week in Politics

It’s been an 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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