The Latest Breaking News from Benzinga

While technology companies of all stripes could seemingly do no wrong for much of this year, the sector received a harsh reality check recently — and QuantumScape Corp (NYSE:QS) was one of the key victims. Although the solid-state battery developer potentially represents a critical cog in advanced mobility, investor sentiment…

General Motors Co (NYSE:GM) stock is trading higher Friday afternoon, capitalizing on a sharp dovish pivot from Federal Reserve officials that has recalibrated market expectations for a Dec. 10 interest rate cut. Here’s what investors need to know.

Kris Jenner's 70th birthday party last weekend wasn't just any celebration. The star-studded evening included music, martinis, and a theme straight out of James Bond: "Kris 0070." But what really caught the eye was the guest list: at least nine billionaires with a combined net worth of around $600 billion.

Ford Motor Co (NYSE:F) shares are trading higher Friday afternoon, propelled by a dual tailwind of reassured operational stability and shifting monetary policy expectations. Here’s what investors need to know.

Kalshi, the U.S. prediction-market platform backed by major venture firms, is fast growing in popularity thanks to a new funding round.

Amazon.com Inc (NASDAQ:AMZN) is cutting thousands of jobs just as it doubles down on artificial intelligence, eliminating roles — especially engineers — that its own AI tools are poised to replace.

BitMine Immersion Inc. (NASDAQ:BMNR) is staring at a $4.21 billion Ethereum (CRYPTO: ETH) portfolio loss — a blow so large that BMNR has crashed back into its last major support zone.

Meta Platforms Inc (NASDAQ:META) is testing a new generative-AI briefing on Facebook as part of its urgent push to challenge ChatGPT.

The global weight loss drug market, perhaps ironically, is growing like gangbusters these days. Globally, it’s set to expand from $15 billion in 2024 to $150 billion by 2035, according to Morgan Stanley.