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The Latest Breaking News from Benzinga

DOGE Officially Shuts Down After Reaching Trump-Set July 4 Deadline

The Department of Government Efficiency (DOGE) announced in a post on X over the weekend that its formal mission had ended after the temporary agency reached the sunset date established by President Donald Trump‘s executive order. The announcement came after the U.S. DOGE Service Temporary Organization reached its scheduled termination…

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Tim Walz Accuses Trump of Election Interference, Says 'We Cannot Allow That Right to Be Undermined'

Gov. Tim Walz (D-Minn.) on Sunday accused President Donald Trump of interfering in the state election systems and warned against "unlawful federal intrusion" into voting administration.

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Tech Is Winning Wall Street's Cash: Tech Funds Draw $14.3 Billion in Second-Biggest Weekly Inflow on Record

U.S. technology funds attracted $14.3 billion in the week ended July 1, marking the second-largest weekly inflow on record, even as broader U.S. equity funds posted their biggest weekly withdrawals since March, according to Bank of America Global Research data shared by The Kobeissi Letter.

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Elon Musk Says Space Is 'the Only Way to Scale at Scale' for AI Computing Amid Earthbound Bottlenecks

Elon Musk on Sunday emphasized the need for orbital infrastructure to prevent artificial intelligence (AI) computing from being held up by Earth’s limits and regulatory bottlenecks.

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US Tech Sector Pushes Back Against UK’s Child Safety Social Media Regulations

Britain’s plan to bar under‑16s from major social platforms has opened a new front in its increasingly strained relationship with Washington and the US tech sector.

Benzinga

Stock Market Today: Dow Jones Futures Fall, S&P 500, Nasdaq Gain Following Independence Day Weekend— Intel, SanDisk, Tesla, Ford In Focus (UPDATED)

Editor’s note: The future prices of benchmark tracking ETFs, and the headline were updated in the story.

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Michael Burry Rejects Claims He Was Wrong on Nvidia, Tesla and Housing Bets

The ‘Big Short’ Investor Michael Burry on Sunday disputed claims that several of his past market calls, including ones on Nvidia Corp. (NASDAQ:NVDA), Tesla Inc. (NASDAQ:TSLA) and another U.S. housing market crash, had proved wrong after an X account challenged his investing record.

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Dan Niles Sees Apple Winning China Memory Exemption, Calls AI Chip Selloff a 'Speed Bump' as Nvidia's Vera Rubin Fuels Long-Term Demand

Tech investor Dan Niles on Sunday said that the recent pullback in AI semiconductor stocks is a temporary setback rather than the end of the artificial intelligence rally, arguing that long-term demand remains intact despite growing investor concerns.

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Micron vs. SK Hynix: Nvidia's Top AI Memory Suppliers Are Set for a Wall Street Showdown

Micron Technology Inc. (NASDAQ:MU) has long been Wall Street’s go-to AI memory stock, but that could soon change as SK Hynix prepares for what could be a record-breaking Nasdaq debut, bringing Nvidia Corp.‘s (NASDAQ:NVDA) two biggest high-bandwidth memory suppliers onto the same U.S. exchange.

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Strategy CEO Advocates Bitcoin as a Symbol of 'Monetary Freedom' on Independence Day: 'United States of Money'

Strategy Inc. (NASDAQ:MSTR) CEO Phong Le drew parallels on Saturday between Bitcoin (CRYPTO: BTC) and the principles of freedom and opportunity that underpin the “American Dream.”

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Elizabeth Warren Slams Trump 'Big Ugly Bill,' Warns GOP Delayed Medicaid Cuts Until After Midterms: 'We Won’t be Fooled'

Sen. Elizabeth Warren (D-Mass.) accused Republicans of structuring President Donald Trump’s tax and spending bill to delay Medicaid cuts until after the midterm elections, arguing the timing was designed to limit political backlash.

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Gary Black Says Tesla's Q2 Delivery Beat Was Fueled by Iran War-Driven Gas Price Spike, Expects TSLA to Rebound Ahead of Earnings

Investor Gary Black of The Future Fund LLC has reiterated that Tesla Inc.‘s (NASDAQ:TSLA) second-quarter 2026 delivery beat came due to elevated gas prices amid the war in Iran.

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

U.S. equities are looking to build momentum heading into the second week of the second half of 2026. The S&P 500 rose slightly last Thursday, but remains within 140 points of its previous record.

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Bitcoin In a 'Bottoming' Process, Says Cathie Wood: Will Resume 'Very Volatile but Broad Uptrend'

Veteran investor Cathie Wood stated on Friday that Bitcoin (CRYPTO: BTC) has bottomed out and is on course to resume its “volatile” uptrend.

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Robert Kennedy Jr. Caused 'Irreparable Harm,' Warns Former CDC Chief Medical Officer: Trust in Agency Has Collapsed

Former Centers for Disease Control and Prevention Chief Medical Officer Dr. Debra Houry said Health and Human Services Secretary Robert F. Kennedy Jr. has caused “irreparable harm” to public health, arguing that public trust in the CDC has fallen sharply under his leadership.

Benzinga

Elon Musk Slammed for Paying the Same Social Security 'Taxes' as an Electrician, Ross Gerber Explains Why the Outrage Isn't Valid

Sen. Patty Murray (D-WA) criticized Tesla Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk for paying the same social security taxes as an ordinary American, but investor Ross Gerber disagrees with the lawmaker’s criticism.

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Gavin Newsom Slams Chevron, Says Gas Prices Still 'Elevated' Due to Trump's 'Reckless' Iran War: 'Skip the Brand Names'

Gov. Gavin Newsom (D-CA) has reaffirmed his call to snub energy giant Chevron Corp‘s (NYSE:CVX) gas stations, accusing oil companies of profiting from high costs as ordinary Americans continue paying more at the pump amid the Iran war.

Benzinga

Foldable iPhone May Not Hit Store Shelves Until Months After iPhone 18 Launch, Says Ming-Chi Kuo: Apple Analyst Predicts Strong Demand, Limited Supply

Apple Inc.’s (NASDAQ:AAPL) long-rumored foldable iPhone could arrive later than the rest of the iPhone 18 lineup, with supply constraints potentially delaying preorders and sales until the fourth quarter of 2026, according to prominent analyst Ming-Chi Kuo.

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Hunter Biden Accuses Trump Family of Running America Like a 'Family Business,' Says 'King George Look Like an Amateur' in July 4 Post

Hunter Biden, the son of former President Joe Biden, used the 4th of July holiday to accuse President Donald Trump and his family of leveraging political influence for personal financial gain, comparing their business dealings to monarchical rule.

Benzinga

Bill Ackman Backs Exiled Russian Oligarch's Fuel Crisis Warning: Russia's Government Has Done More Damage Than Ukrainian Drones

Investor Bill Ackman on Sunday shared comments from exiled Russian oligarch Mikhail Khodorkovsky, who warned that Russia was facing a growing fuel crisis as repeated refinery attacks by Ukraine and logistical bottlenecks disrupt gasoline and diesel supplies across the country.

Benzinga

MrBeast Says America Gave Him 'Freedom' to Chase Dreams, Tim Cook Calls 'Our Country' a Testament to 'Power of Possibility' as US Celebrates 250 Years

Over the weekend, America’s 250th birthday drew patriotic tributes from some of the biggest names in technology and business, while President Donald Trump used the landmark celebration to deliver a sharply political speech warning that the nation faces a “communist menace.”

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Trump Using Presidency to 'Boost' Family's Crypto Business While Families 'Crushed' by Rising Costs, Says Elizabeth Warren

Sen. Elizabeth Warren (D-Mass) accused President Donald Trump on Sunday of using the presidency to advance his family’s cryptocurrency interests rather than working to lower costs for the people.

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Michael Dell Reaffirms $250 Trump Accounts Pledge to 25M Children, Says It Gives Them 'A Real Stake' in America

Michael Dell on Saturday renewed support for the Trump Accounts program as it officially launched nationwide, reiterating the $6.25 billion pledge he and his wife, Susan Dell, made last year to provide $250 to 25 million qualifying American children.

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Bitcoin, Ethereum, XRP, Dogecoin Rally as 'Extreme Fear' Persists: Analyst Expects a 'Quick' Move Upward for BTC After 'Shallow' Correction

Leading cryptocurrencies gained alongside stock futures on Sunday as investors braced for the release of the Federal Reserve’s June meeting minutes.

Benzinga

Bernie Sanders Slams Trump on 250th Anniversary of US Independence, Says His Administration Is Not ‘America First’

Sen. Bernie Sanders (I-VT) accused President Donald Trump of running what he called an unusually brazenly self-interested administration, pointing to personal and family wealth tied to government power.

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