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The Latest Breaking News from Benzinga

Trump Is 'Absolutely Right,' Says Iran's Foreign Minister Abbas Araghchi About Strait of Hormuz Compensation — But 20% Is 'Too Much'

On Monday, Iranian Foreign Minister Abbas Araghchi pushed back against President Donald Trump’s plan to impose a 20% fee on cargo moving through the Strait of Hormuz, arguing that Tehran—not Washington—is the rightful guardian of the strategic waterway.

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Trump's $1.78 Billion 'Anti-Weaponization' Fund Deal Had 'Never A Case Or Controversy, Rules Judge: 'Brought to Manipulate the Judicial Process'

A federal judge ruled that President Donald Trump’s settlement with the Justice Department over the leak of his tax returns stemmed from a lawsuit that lacked a genuine legal dispute and was used to legitimize the agreement in court.

Benzinga

Trump Asks Senate to Pass Crypto Bill in 'Honor' of Lindsey Graham — Elizabeth Warren Wants Guardrails to Prevent President From Profiting

President Donald Trump called on the Senate on Monday to pass the Clarity Act “in honor” of Sen. Lindsey Graham (R-S.C.), describing the late Republican as a "big supporter" of the cryptocurrency legislation.

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Cathie Wood Buys $21.3 Million Of SpaceX Stock As It Slides From Record Highs, Keeps Trimming AMD

Cathie Wood’s Ark Invest was active on Monday,, with one of its biggest headline moves centered on SpaceX (NASDAQ:SPCX) as the space company remained in focus after its recent public debut and fresh debate over its valuation. The firm also kept trimming Advanced Micro Devices (NASDAQ:AMD) while reshuffling exposure across…

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New Bipartisan Bill Wants To End Daylight Saving Time Clock Changes — But Not The Way You'd Think

A new bipartisan bill in Congress proposes a different path to ending the twice-a-year clock changes by making standard time permanent rather than extending daylight saving time year-round.

Benzinga

After Satya Nadella's 'Pay Twice' Warning, Mark Cuban Says AI Is Making Patents Less Valuable, Trade Secrets More Important

Billionaire entrepreneur Mark Cuban on Monday said the value of patents has declined in the age of artificial intelligence, while trade secrets have become increasingly important as AI models are trained on patent applications and can be prompted to identify workarounds.

Benzinga

Trump Tells Congress Iran War Has Resumed, Launches Fresh US Strikes; Brent Oil Tops $85 as Dow Futures Fall 143 Points

President Donald Trump formally notified Congress that hostilities with Iran resumed earlier this month as U.S. forces carried out another round of strikes, sending oil prices higher and weighing on global markets.

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Bitcoin, Ethereum, XRP, Dogecoin Dip as Trump Reinstates Strait of Hormuz Blockade: Analyst Says Whales 'Actively Accumulating' BTC

Leading cryptocurrencies slid alongside stocks on Monday after President Donald Trump floated full U.S. control over the Strait of Hormuz and a reimbursement fee on all cargo passing through.

Benzinga

Buffett Called Airline Stocks a ‘Bottomless Pit’ But His Successor Is Proving Him Wrong With $789 Million Delta Win

Legendary investor Warren Buffett helped guide investments into different sectors and value stocks during his decades leading Berkshire Hathaway (NYSE:BRK)(NYSE:BRK). One sector often avoided by Buffett has now become a top holding for his successor running the Berkshire Hathaway investment portfolio.

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From Best ETF Debut Ever to Bear Market: DRAM’s Wild Ride as Micron And AI Memory Stocks Tumbled

One of 2026’s biggest ETF success stories has taken a dramatic turn. The Roundhill Memory ETF (BATS:DRAM), which became the fastest-growing ETF debut on record after amassing more than $20 billion in assets within weeks of its April launch, has now entered bear-market territory. The fund has tumbled nearly 30%…

Benzinga

Anthropic Accuses Rival Abnormal AI of Mimicking Its Brand

Anthropic is suing AI cybersecurity company Abnormal AI, accusing the company of adopting branding and a logo that Anthropic claims could confuse customers and unfairly benefit from Anthropic’s growing reputation in artificial intelligence.

Benzinga

EXCLUSIVE: SpaceX Sparked New ETF Race for Private Market Access; 'Passive Funds Are Buying at $1.75T What We Bought Years Earlier,' Says ERShares CIO

Space Exploration Technologies Corp’s (NASDAQ:SPCX) record-breaking rise from IPO to the Nasdaq-100 in just 15 trading sessions may be remembered for more than its historic index inclusion. It could also accelerate a new race among active ETF managers to gain exposure to late-stage private companies before they go public.

Benzinga

Squeeze Watch: 10 Stocks Bears Love to Hate Most Right Now

Short‑interest screens are lighting up with a tight cluster of mid‑ and large‑cap names where bearish bets have gone all‑in, turning these stocks into live‑wire squeeze candidates rather than sleepy laggards.

Benzinga

Meta and xAI Just Strengthened Nvidia's AI Moat, Portfolio Manager Says

As investors debate whether custom AI chips will eventually chip away at Nvidia Corp.’s (NASDAQ:NVDA) dominance, Gabelli Funds portfolio manager John Belton says the latest releases from Meta Platforms Inc. (NASDAQ:META) and Space Exploration Technologies Corp‘s (NASDAQ:SPCX) xAI suggest the chipmaker’s competitive moat remains firmly intact.

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Congressman’s First Stock Purchase in Two Years Is SpaceX Shares on IPO Day

SpaceX (NASDAQ:SPCX) went public on June 12 in the largest IPO in stock trading history. The IPO briefly made SpaceX CEO Elon Musk a trillionaire. Several members of congress are betting on the stock to help boost their wealth as well.

Benzinga

SpaceX May Have Surpassed Tesla as Wall Street’s Worst Capital Misallocation Ever, Expert Says

The largest IPO in history may also have been "the largest exit liquidity operation in history," hedge fund manager and former Peter Lynch assistant George Noble said in a recent newsletter. Here’s why Noble thinks the SpaceX (NASDAQ:SPCX) IPO was a historic misallocation of capital that was “built to separate…

Benzinga

Partner At Y Combinator Takes Leave of Absence to Join Anthropic

Tom Blomfield, general partner at Y Combinator, has taken a leave of absence from the company to join Anthropic, adding to the competition for top AI talent.

Benzinga

Forget Interest Rates: Bank Earnings Could Reveal the Next Catalyst for Financial ETFs

For the past two years, investors have largely viewed bank stocks and financial ETFs through the lens of interest rates. But as second-quarter earnings begin, that narrative is changing. Strong trading revenue, a rebound in investment banking, record IPO activity and improving commercial lending are emerging as the sector’s primary…

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SK Hynix vs. Micron: Wall Street's AI Memory Battle Just Got Real

For years, Micron Technology, Inc. (NASDAQ:MU) was the go-to stock for U.S. investors looking to ride the AI memory boom. Now, it has company. SK hynix Inc‘s (NASDAQ:SKHY) recent Nasdaq debut has brought one of the world’s largest memory chipmakers directly to U.S. investors, setting up a fresh rivalry between…

Benzinga

Quantum Tech on Capitol Hill: Nvidia, IBM and More Stocks to Watch

Quantum computing is stepping out of the lab and into Washington D.C., with a high-profile industry showcase putting some of the market’s most speculative — and potentially transformative — names back on the radar.

Benzinga

SpaceX Investors Face 900% Float Explosion Bombshell, George Noble Warns

For weeks, the debate around Space Exploration Technologies Corp. (NASDAQ:SPCX) has centered on one question: Is the stock too expensive? George Noble, a former Peter Lynch protégé and veteran market strategist, argues investors are focused on the wrong risk.

Benzinga

Social Security Shows Government Doing a Good Thing the Wrong Way as 2032 Insolvency Looms, Says This Public Affairs and Campaign Consultant

Social Security is not a Ponzi scheme or a scam, but it shows "government doing a good thing the wrong way," public affairs and campaign consultant David Harris argues, warning that the program’s 2032 funding deadline demands structural reform.

Benzinga

Watch Out, Micron — Samsung Just Got Whacked for Forecasting Only 1,800% AI Profit Growth

Samsung Electronics just delivered a reality check to one of the hottest trades in the market — and investors didn’t like it.

Benzinga

Meta Just Undercut OpenAI and Anthropic by 75%: JPMorgan Says It's More Than a Price Cut

For years, Meta Platforms, Inc. (NASDAQ:META) spent billions building AI models for its own products. Now, it’s taking its first real shot at turning those models into a standalone business. And it’s doing so with a pricing strategy that could shake up the AI industry.

Benzinga

Trump Floats Permanent Hormuz Control as 'Guardian Angel' and Get 'Reimbursed' by Wealthy Allies: 'Can't be Expected to do it For Nothing'

President Donald Trump has declared that the U.S. is considering taking control of the Strait of Hormuz permanently and expects compensation for the task.

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