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The Latest Breaking News from Benzinga

Crude Oil Trading Isn't Trading Higher Despite Iran and Ukraine Wars

Crude oil prices have surged over the past three weeks, with Brent climbing from this month’s low of $70 to $100 on Thursday. West Texas Intermediate (WTI) has jumped from $67.20 to $93.50 over the same period.

Benzinga

Why is Salesforce the Worst-Performing Dow Jones Stock?

Salesforce (NYSE:CRM) has become a fallen angel, with its stock plunging 56% from its all-time high. It has fallen 38% this year alone, making it the worst-performing stock in the Dow Jones Index. So why has this once-popular software stock been in retreat since December 2024?

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Tesla, Intel, Google All Dropped After Earnings - Will Microsoft, Amazon, Meta Follow?

Top technology stocks plunged after releasing their second-quarter results. Tesla (NASDAQ:TSLA) fell to $306, its lowest level since August 4 and down 39% from its all-time high. The stock retreated after its earnings per share missed analysts’ estimates and after the company recorded negative free cash flow.

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XRP Price on Edge as ETF Inflows Head for Worst Performance Since April

XRP (CRYPTO: XRP) has remained on edge for nearly two months as the crypto winter continues. The token was most recently trading at $1.1022, still confined within the $1.0077 support level and $1.2898 resistance level that have defined its range throughout this period.

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Trump Slams EU’s Billion‑Dollar Tech Penalties Targeting US Companies

US President Donald Trump has warned the European Union (EU) that it will "pay a very big price" for fining American tech companies.

Benzinga

Saudi-Led Coalition Strikes Houthi Targets In Response to Militia Attacks; Energy Markets Brace for Volatility

The Saudi‑led coalition in Yemen struck Houthi targets on Saturday in response to missile attacks launched by the Iranian‑backed group.

Benzinga

Kuwait Signs $16 Billion Pipeline Deal With Blackstone, KKR, Brookfield Despite Rising Regional Tensions

Kuwait Petroleum Corp. (KPC) agreed to a $16 billion lease‑and‑leaseback deal with Blackstone Inc., KKR & Co. Inc. and Brookfield Asset Management Ltd. for its crude oil pipeline network, a landmark transaction struck amid rising regional tensions.

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Intel, Tesla, IBM And More: 5 Stocks Investors Couldn't Stop Buzzing About This Week

Retail investors talked up five hot stocks during the week (July 20 to July 24) on X and Reddit’s r/WallStreetBets, driven by retail hype, earnings, AI infrastructure momentum, and corporate news flow.

Benzinga

Benzinga Bulls and Bears: IBM, Super Micro, Tesla

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.

Benzinga

Ray Dalio Says 'Final Battle' At the Strait of Hormuz Is Here— And It Could Decide If the US Empire 'Survives or Falls'

Billionaire investor Ray Dalio said Friday that the Iran war’s outcome hinges entirely on the Strait of Hormuz, warning a decisive clash is imminent.

Benzinga

Gavin Newsom Slams Trump After Filing Shows $7.5 Billion in Clean Energy Grants Were Cut Based on 2024 Election Results— 'Where the Hell Is Congress?'

On Friday, Gov. Gavin Newsom (D-Calif.) criticized the Donald Trump administration after a court filing acknowledged that more than $7.5 billion in federal clean energy grants were selected for termination based on whether recipient states backed Trump or Democratic nominee Kamala Harris in the 2024 election.

Benzinga

Trump Defends DOJ's New York Times Reporter Subpoenas as Google Is Drawn Into Air Force One Leak Investigation: 'We're After Leakers'

On Friday, President Donald Trump defended the Justice Department’s efforts to identify the source of a leak involving his Qatari-donated Air Force One after court filings revealed Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google was also subpoenaed in the criminal investigation.

Benzinga

Trump Official Slams Anthropic Days After It Backed White House's Moonshot AI Theft Allegations: 'No AI Company More Hostile to the Warfighter'

On Friday, after Anthropic endorsed White House accusations that Chinese startup Moonshot AI stole U.S. artificial intelligence capabilities, a senior Defense official criticized the company over its military AI policies.

Benzinga

Trump Says He Is 'Close' to Ordering Massive Attack on Iran as Pakistan Reportedly Pushes to Revive Peace Talks

President Donald Trump said he is nearing a decision on launching a “massive attack” on Iran while Pakistan is reportedly working to revive stalled negotiations between Washington and Tehran.

Benzinga

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Paramount Delays Warner Bros. Deal to June 2027 Amid Legal Fight — But Calls It 'Significant Win'

Paramount Skydance (NASDAQ:PSKY) said Friday it has agreed to push back the outside date for its planned purchase of Warner Bros. Discovery (NASDAQ:WBD) to as late as June 2027, as a multistate antitrust fight slows the timetable and increases what it may owe WBD shareholders.

Benzinga

Oil Broke $100, Alphabet's AI Bill Scares Investors: What Moved Wall Street This Week

Two of America’s largest companies reported earnings this week. Neither was punished for what it sold.

Benzinga

Warren Buffett Says Alphabet Is More Likely to Win Than 95% of Wall Street — But Adds ‘I Don’t Like It as Well as’ Coca-Cola And 4 Others

Berkshire Hathaway (NYSE:BRK, BRK.B)) Chair Warren Buffett believes Alphabet (NASDAQ:GOOG, GOOGL)) has a better chance of long-term success than nearly everything marketed on Wall Street. Yet despite Berkshire’s massive investment in the Google parent, Buffett still wouldn’t rank it among the conglomerate’s very favorite businesses.

Benzinga

Wall Street's New ETF Strategy? Copy, Paste, Repeat—and Hope for the Next DRAM

The U.S. ETF industry’s hottest product is no longer just a blockbuster fund, it’s the copycat.

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Intel Slides Despite Strong Quarter as Street Weighs $20 Billion Capex Plan

Intel Corp. (NASDAQ:INTC) delivered its strongest revenue growth in more than 15 years on Thursday, but the stock slipped Friday in volatile trading.

Benzinga

Billionaire Investor Dumps Thermo Fisher, Cuts Danaher As He Pares Life Sciences Tools Bets

Hedge fund billionaire Daniel Loeb reduced its exposure to life Sciences Tools & Services sector by cutting stake in Danaher Corporation (NYSE:DHR) and fully exiting position in Thermo Fisher Scientific Inc (NYSE:TMO) in the first quarter of 2026.

Benzinga

Laura Loomer: 'Propagandized by Russia' — Is MAGA Splitting On Ukraine?

Laura Loomer, one of President Donald Trump’s most loyal allies, spent years minimizing Russia’s invasion and amplifying Russian propaganda to her nearly two million social media followers, once calling Ukraine “a country full of Nazi apologists.”

Benzinga

Intel's $90 Billion Wipeout Sparks 20% Crash In These ETFs

Intel Corp. (NASDAQ:INTC) delivered another painful reminder, after Tesla Inc.’s (NASDAQ:TSLA) rout, of the risks of leveraged single-stock ETFs.

Benzinga

Clarity Act Is in 'Hail Mary Territory' as Odds Drop to 30%: 'The Calendar Is Now the Enemy'

Galaxy Research Head of Research Alex Thorn cut his odds of the Clarity Act becoming law in 2026 to 30%, calling the bill’s path to passage “Hail Mary territory” and warning that the calendar is now the enemy.

Benzinga

Palmer Luckey's Anduril Explores Funding Round at $100B Valuation

Anduril Industries is exploring a new funding round that could value the defense technology startup at roughly $100 billion, a valuation that would place the company alongside some of the largest U.S. defense contractors.

Benzinga

SpaceX’s $94 Billion Investor Is Also a $920 Million-a-Month Customer

Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) has built an unusual two-way relationship with SpaceX (NASDAQ:SPCX): the Google parent stands as both a major shareholder and a significant customer of the rocket and satellite company.

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