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The Latest Breaking News from Benzinga

Bitcoin Whale From Satoshi Era Dumps Entire Stake For $1.3 Billion As BTC Drowns Below $83,000

An early Bitcoin (CRYPTO: BTC) investor sold off their entire position on Thursday, amid what has been one of the steepest declines of the apex crypto in recent memory.

Benzinga

Musk Warns AI Must Value 'Truth And Beauty' As He Predicts Humanoid Robots From Tesla, Others Will Eliminate Global Poverty

On Wednesday, speaking at the U.S.-Saudi Investment Forum, Tesla Inc. (NASDAQ:TSLA) Elon Musk said advances in artificial intelligence and humanoid robotics could usher in a future of unprecedented abundance — but only if AI systems are built with human-centered values.

Benzinga

'Why Are Stocks Falling?': Top Analyst Issues Bombshell Warning As Volatility Hits Wall Street

Peter Berezin, Chief Global Strategist at BCA Research, said in a post on X late Thursday, that major cloud and AI infrastructure providers, also known as hyperscalers, could be carrying more than $2.5 trillion in AI assets by 2030.

Benzinga

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S&P 500 Breaks 6,550 Support — David Rosenberg Warns: 'This Is Probably Not A Dip You Want To Buy'

Renowned economist David Rosenberg issued a stark warning to investors on Thursday, signaling that the SP 500's latest slide marks the end of the market's recent bull run.

Benzinga

'Morally, Legally, Ethically' You Owe Nothing : Ramsey Hosts Slam Inheritance Demand From Father's Girlfriend's Daughter

A caller's unusual inheritance dilemma stunned Dave Ramsey co-hosts George Kamel and Jade Warshaw after he asked whether he morally owed money to his late father's longtime girlfriend despite no will, no marriage and no legal claim.

Benzinga

Walmart Makes Historic Move To Join NASDAQ In Tech-Forward Retail Push

Walmart Inc. (NYSE:WMT) has made a historic move by transferring its listing from the New York Stock Exchange (NYSE) to the NASDAQ on Thursday, citing a tech-focused strategy and the role of artificial intelligence (AI) in its operations.

Benzinga

Tesla To Expand Rental Program Across Multiple US Cities With Unlimited Miles, Free Supercharging From $60/Day

Tesla Inc. (NASDAQ:TSLA) is reportedly expanding its rental program across various cities.

Benzinga

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Nasdaq Dips Over 2% Despite Nvidia's Earnings Beat: Fear & Greed Index Remains In 'Extreme Fear' Zone

The CNN Money Fear and Greed index showed an increase in the overall fear level, while the index remained in the “Extreme Fear” zone on Thursday.

Benzinga

Top Economist Warns September Jobs Report Is Warning To 'Cut Back On The Economic Junk Food'

Despite a September jobs report that saw the U.S. economy add 119,000 positions—more than double the expectations of forecasters—top economist Justin Wolfers is urging caution, warning that rising unemployment signals it is time for the country to “cut back on the economic junk food.”

Benzinga

Bernie Sanders Says Trump's 'Absolute Disaster' Healthcare Plan Won't Even Cover Childbirth: 'Not A Winning Political Strategy'

Sen. Bernie Sanders (I-VT) criticized the health care plan proposed by President Donald Trump and said it’s not a “winning political strategy” for the Republican Party.

Benzinga

Peter Schiff Warns Bill Ackman's Freddie & Fannie Plan Is 'Fake Privatization': Hands Hedge Funds Billions, Leaves Taxpayers Exposed

Economist Peter Schiff slammed billionaire hedge fund manager Bill Ackman’s restructuring proposal that would release mortgage giants Federal National Mortgage Association (OTC:FNMA) or Fannie Mae and the Federal Home Loan Mortgage Corp. (OTC:FMCC), popularly known as Freddie Mac.

Benzinga

Elizabeth Warren Slams Sean Duffy Over Viral 'Pajamas' Comment: Fliers Would Be In Better Mood If Trump Administration 'Didn't Rip Away Rules'

Sen. Elizabeth Warren (D-Mass.) is criticizing the President Donald Trump administration after resurfaced comments and new posts reignited debate over its rollback of airline compensation rules and its officials' advice urging passengers to "dress up" to improve air travel.

Benzinga

Walmart Warns Tariffs May Still Cause Price Hikes For Everyday Items Despite Some 'Relief' On Food Inflation

Walmart Inc. (NYSE:WMT) delivered a powerhouse third-quarter performance on Thursday, beating Wall Street expectations and raising its full-year guidance. However, amidst reports of strong revenue growth, executives cautioned that while grocery prices are stabilizing, tariffs remain a lingering variable that could impact the cost of household items.

Benzinga

Trump's Renewed Pressure On Venezuela's Nicolas Maduro Revives Fears Of Violent 'Chaos For A Sustained Period Of Time'

U.S. officials under President Donald Trump’s first term ran war games to see what the fall of Venezuela's Nicolás Maduro might unleash on the oil-rich country, to find that the unclassified simulations projected that Maduro's exit would likely spark violence and chaos as military units, political factions and guerrillas fight…

Benzinga

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Nvidia-Supplier Foxconn Reportedly Bets Big On AI With Up To $3 Billion Annual Spend As Chairman Warns Of Shakeout In Brutal Chinese EV Market

Nvidia Corp (NASDAQ:NVDA) supplier Foxconn Technology Group, also known as Hon Hai Precision Industry Co., Ltd (OTC:HNHAF), is reportedly shifting its financial firepower toward artificial intelligence.

Benzinga

Ross Gerber Praises Tesla FSD V14 Improvements: Piper Sandler Analyst Predicts Over 25% Upside For TSLA Stock

Investor Ross Gerber, co-founder of investment firm Gerber Kawasaki, has hailed Tesla Inc.'s (NASDAQ:TSLA) Full Self-Driving (FSD) v14 for its improvements over the previous iteration.

Benzinga

Palantir CEO Alex Karp, Other Insiders Dump More Than $250 Million Of Stock As AI Bubble Fears Grip Investors

Senior Palantir Technologies Inc. (NASDAQ:PLTR) is seeing one of the heaviest stretches of insider selling in years, amid growing scrutiny on the company’s valuations in recent weeks.

Benzinga

Elon Musk Doubles Down On SpaceX Payload Claims, Says Tesla Is Worth More Than 'Rest Of The Auto Industry On Earth'

SpaceX and Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk reiterated his companies' dominance in the space and automotive sectors amid criticism of the billionaire's predictions for the future.

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Trump Rages 'Seditious Behavior' Urges 'Lock Them Up' After Democrats Tell Troops To Reject Illegal Orders

President Donald Trump escalated tensions in Washington by publicly threatening Democratic lawmakers with imprisonment or even the death penalty after they urged military and intelligence personnel to refuse unlawful orders.

Benzinga

China Recognizes The 'Superiority' Of American AI Innovation: Lawmaker Cites Threat As Nvidia Chip Smuggling Case Unfolds

An Nvidia Corp (NASDAQ:NVDA) GPU smuggling case has intensified calls in Washington for stronger safeguards to keep advanced U.S. chips out of China's hands.

Benzinga

Rand Paul Slams GOP's Shift From Fiscal Conservatism: They Voted To Add '$5 Trillion' To The Debt Ceiling — Calls It 'Decimation'

Sen. Rand Paul (R-Ky.) slammed the Republican Party for abandoning the fiscal discipline it once championed, while accusing his colleagues of embracing massive governmental deficits and greenlighting spending levels they previously opposed.

Benzinga

Why New Fortress Energy (NFE) Shares Jumped Over 20% In After-Hours Trading?

New Fortress Energy Inc. (NASDAQ:NFE) shares surged 20.54% in after-hours trading on Thursday, climbing to $1.76.

Benzinga

'Pharma Bro' Martin Shkreli Begs 'Wannabe' Finance Influencers To Learn Basics As China, Malaysia Crack Down On 'Finfluencers'

Martin Shkreli, the former hedge fund manager known as the "Pharma Bro," scolded online finance personalities Thursday after they hunted for alleged red flags in Nvidia Corp.'s (NASDAQ:NVDA) third-quarter financial statements, saying many don't grasp basic accounting.

Benzinga

Peter Schiff Says Michael Saylor-Led Strategy 'Would Have Been Better Off' Buying Anything Other Than Bitcoin'

Economist Peter Schiff slammed Strategy Inc.’s (NASDAQ:MSTR) Bitcoin (CRYPTO: BTC) investment approach on Thursday, arguing that the company would have been better placed had it chosen any other asset.

Benzinga

Former IRS Chiefs See Rocky Road Ahead For The Agency

Former IRS commissioners warn the agency could stumble into the next filing season if Congress lets funding lapse again and staffing losses persist.

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