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The Latest Breaking News from Benzinga

Iran Attacks Ship, Shuts Strait of Hormuz 'Until Further Notice'—US Launches Strike as Pete Hegseth Says 'Iran Made a Poor Choice'

U.S. Central Command forces said they struck Iran at 7:15 p.m. ET Saturday, the third such strike this week, after Islamic Revolutionary Guard Corps forces attacked a container ship in the Strait of Hormuz.

Benzinga

The U.S. Added 441K New Millionaires Last Year. That's More Than 1,200 Every Day. It Now Accounts for Over 40% of the World's Millionaires

The U.S. added 441,078 new millionaires last year, according to the UBS Global Wealth Report 2026. That works out to more than 1,200 new millionaires every day and is an increase of 1.9% from 2024.

Benzinga

Nvidia Stock is Finally Soaring, and Rare Chart Pattern Points to More Upside

Nvidia‘s (NASDAQ:NVDA) stock price has staged a strong comeback, a few days after it moved to a local bear market. NVDA jumped to $210 on Friday, up by 10% from its lowest level this month. It has also formed a highly bullish pattern known as a falling wedge, pointing to…

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Musk’s Net Worth Down $407 Billion From Trillion-Plus High as SpaceX Stock Dives

Elon Musk’s net worth continued its strong downward trend this week as Space Exploration Technologies (NASDAQ:SPCX) stock plunged to a record low and Tesla (NASDAQ:TSLA) wavered.

Benzinga

Elon Musk Says ‘Sadly, Yes’ Jeff Bezos’ Ex-Wife MacKenzie Scott Has Donated Over $26 Billion — And It’s Making the World Worse

Good intentions don’t always earn universal applause. Sometimes they earn a two-word reply instead.

Benzinga

Iran Rejects Restart of Talks As Renewed Strikes Slow Hormuz Shipping

Iran has rejected restarting talks with the US unless the Trump administration "first retreats from its current positions," the semi‑official Fars News Agency reported on Saturday.

Benzinga

Benzinga Bulls and Bears: Penguin Solutions, Draftkings, Palantir — And Stocks End Week With Solid Gains

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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'OpenAI Is Burning It Down With One Mag 7 After Another'— Apple's Trade Secret Lawsuit Has Tech Analysts Talking and Elon Musk Saying That 'Sounds Pretty Bad'

Apple Inc.’s (NASDAQ:AAPL) trade secret lawsuit against OpenAI has drawn sharp reactions from tech industry observers, with Futurum Group CEO Daniel Newman pointing to the AI company’s growing friction with major technology partners and rival Elon Musk weighing in.

Benzinga

Kraken Wants AI to Watch Markets, Build Portfolios and Find Your Next Crypto Trade— Like a 'Well-Informed Best Friend'

Kraken is rebuilding its app around agentic trading, a move the crypto exchange believes could redefine competition among digital asset platforms.

Benzinga

Iranian Foreign Minister Abbas Araghchi Accuses Trump Administration of Violations After Treasury Imposes Fresh Sanctions: 'Can Only Be Mutual Compliance'

On Friday, Iranian Foreign Minister Abbas Araghchi accused the Donald Trump administration of breaching the memorandum of understanding after the U.S. imposed fresh sanctions.

Benzinga

US Went From 'No Revenue' to Half of All Tolls on the $4.7 Billion Canada Bridge Trump Tried to Stop— and It Opens July 27: Report

President Donald Trump’s administration has reportedly secured a 50% share of toll revenue from the $4.7 billion Gordie Howe International Bridge, clearing the way for the long-delayed Detroit-Windsor crossing to open on July 27 following a new agreement between the U.S. and Canada.

Benzinga

Trump Says He 'Will Not Sign' Housing Bill in Protest Over SAVE America Act— but It Becomes Law Anyway

President Donald Trump said Friday he will not sign the 21st Century ROAD to Housing Act, in protest over the Senate’s failure to pass the SAVE America Act.

Benzinga

Meta Pulls AI Image Feature After Privacy Backlash, Admits It 'Missed the Mark' Amid SAG-AFTRA Criticism

Meta Platforms, Inc. (NASDAQ:META) has discontinued its newly launched AI image-generation feature just days after its debut, following mounting criticism over privacy concerns and its default use of public Instagram photos.

Benzinga

Bernie Sanders Says People Like Kevin O’Leary ‘Live in Their Own World’ After Calling His $28 Lunch Advice Out of Touch With Ordinary Americans

Sometimes a $28 lunch is just a lunch. Other times, it turns into a national argument over whether America’s wealthiest voices have lost touch with everyday life.

Benzinga

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Apple Accuses OpenAI of Using Job Interviews to Extract its Hardware Secrets in New Lawsuit (UPDATED)

Editor’s Note: This story has been updated with industry reaction, additional details and a statement from OpenAI.

Benzinga

Former Fed Chair Bernanke Joins Anthropic’s AI Oversight Body

Anthropic has hired former Federal Reserve Chairman Ben Bernanke to its long-term benefit trust (LTBT), an AI oversight body tasked with ensuring the company remains accountable to its broader public interest goals.

Benzinga

Billionaire Investor Retreats From Retail, Exits Alibaba Entirely, Cuts Amazon Stake 10%

Activist investor Dan Loeb‘s Third Point LLC pared back its exposure to the broadline retail sector in the first quarter of 2026, cutting its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 10% and fully exiting its position in Alibaba Group (NYSE:BABA).

Benzinga

Bill Ackman’s Big Bet On Meta Stock Is Finally Paying Off: Here’s The 2026 Gain So Far

In recent years, Bill Ackman has invested Pershing Square Capital Management (NYSE:PS) heavily in Magnificent Seven stocks. This included taking a new position in Meta Platforms (NASDAQ:META) in the fourth quarter of 2025. The position took a beating earlier this year, but is finally positive for 2026.

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Benzinga

Meta Remains Top Large-Cap Pick, Analysts See Significant Upside

Meta Platforms Inc. (NASDAQ:META) shares are gaining Friday. Citizens and Piper Sandler both weighed in on the stock. Here’s what you need to know.

Benzinga

Congressman Buys SpaceX Stock After IPO: Trade Could Be Down 23% Already

Another member of the U.S. House Armed Services Committee has disclosed buying shares of SpaceX (NASDAQ:SPCX) after the company’s highly anticipated IPO.

Benzinga

SK Hynix IPO Triggers Wall Street's Next Leveraged ETF Gold Rush

SK Hynix’s (NASDAQ:SKHX) record-breaking Nasdaq debut on Friday is already creating a furor in the ETF universe, with issuers rushing to launch leveraged products tied to the South Korean memory-chip leader, as U.S. investors gain direct access to one of the biggest beneficiaries of the AI boom.

Benzinga

The Easy Money Era Is Over: Aberdeen Says Private Markets Returns Will Depend on Asset Selection

The private markets boom that thrived on abundant capital and rising valuations is giving way to a more demanding investment environment, with returns increasingly dependent on asset selection and operational execution rather than broad market appreciation.

Benzinga

XRP Stuck at $1.10 While the 9-Week ETF Inflow Streak Wobbles: What Is Happening?

XRP (CRYPTO: XRP) continues trading around $1.10 as weekly ETF data through July 9 shows $7.29 million in net outflows that put a nine-week inflow streak at risk.

Benzinga

AMC Stock Stabilizes Above 200-Day Moving Average: What Investors Need to Know

AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading marginally higher on Friday as traders lean into a more constructive box-office outlook and a fresh analyst target hike.

Benzinga

Congresswoman Scoops Up Brookfield Renewables Stock Six Times In Three Days: Why The Trade Is Drawing Attention

The trading activity of members of Congress continues to be closely monitored by retail investors, especially when the stocks bought could land deals from committees the members serve on.

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