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The Latest Breaking News from Benzinga

Elon Musk Says Tesla Held Back On AI Training For This Reason As Jim Chanos Questions Automaker's AI Spend: 'We're Building…'

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk on Sunday said that the EV giant held back on its AI training efforts as it wasn't a hurdle in the development of its Full Self-Driving (FSD) technology in the past.

Benzinga

Scott Bessent Expects US-China Rare Earths Deal By Thanksgiving Based On Xi Jinping's 'Word' But Issues Caution: 'All Options...'

Treasury Secretary Scott Bessent expressed optimism about the ongoing rare earths deal between the U.S. and China, hinting at a potential resolution by Thanksgiving.

Benzinga

Peter Thiel Dumps Entire Nvidia Stake, Slashes Tesla Holdings Amid Growing AI Bubble Fear, Shifts Billions Toward These 2 Mag 7 Stocks

Billionaire Peter Thiel has sold his entire stake in Nvidia Corporation (NASDAQ:NVDA) and significantly cut his holdings in Tesla Inc. (NASDAQ:TSLA), apparently amid growing apprehensions of a potential AI bubble.

Benzinga

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Tax Accountants Are Telling Clients To Do This Before 2025 Ends: Here's Why

U.S. taxpayers face a very different filing season in 2026, and financial planners say the smartest move is to start adjusting before this year ends.

Benzinga

Kevin O'Leary Says This Is How Much Liquid Cash You Need For 'Financial Freedom': Never Touch This 'Nest Egg'

Kevin O'Leary is urging entrepreneurs to rethink what success looks like, arguing that flashy valuations and social media clout matter less than building and protecting a sizable cash cushion.

Benzinga

Michael Burry's Ominous Warning Hints That AI Investment Boom Is Rivaling Dot-Com, Housing Bubble Peaks

Michael Burry, the famed “Big Short” investor, issued an ominous warning on X, suggesting that the current “Cloud then AI Buildout” has created a capital expenditure bubble rivaling the DotCom and Housing peaks.

Benzinga

Eric Jackson Says This Mortgage Finance Stock Could Soar 21,200% Over The Next 3 Years: 'Mathematically Plausible'

Hedge fund manager Eric Jackson has made an aggressive projection for mortgage finance company, Better Home Finance Holding Co. (NASDAQ:BETR), predicting a multi-thousand-percent move based on its underlying economics and market opportunity.

Benzinga

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Gavin Newsom Says Trump's 'Reckless' Energy Agenda Letting America Slip Behind China—California Hits 17,000 MW Battery Storage

California Governor Gavin Newsom has slammed President Donald Trump for holding the U.S. back in the global clean energy race, as California's battery storage increased 2,100% since Newsom took office in 2019.

Benzinga

Iran's Real War May Be At Home, President Pezeshkian Warns Tehran May Need To Be Evacuated

Iran's president has warned that Tehran, a city of some 10 million people, may ultimately have to be evacuated as an unprecedented water crisis leaves the capital's reservoirs with only days of drinkable supply.

Benzinga

Harvard University Increased Its Bitcoin IBIT Stake By 257% In Q3: 'As Good A Validation As An ETF Can Get'

Harvard University significantly increased its stake in the iShares Bitcoin Trust ETF (NASDAQ:IBIT), according to the latest 13F filing released on Friday.

Benzinga

Zohran Mamdani Says He's Received Job Applications From 'Every Single Zip Code' In New York Except From This One

New York City Mayor-elect Zohran Mamdani said Sunday his transition team has drawn more than 50,000 job applications from across the five boroughs, except one particular Queens County ZIP code.

Benzinga

Trump's $2,000 Tariff Checks Gain Steam As Sen. Katie Britt Says Senate Should 'Take A Look' Amid Soaring 18% Consumer Tariff Burden

Momentum is building behind President Donald Trump's push to send Americans $2,000 in tariff-funded payments as GOP lawmakers signal a willingness to consider the proposal.

Benzinga

Elon Musk Thinks Microsoft Co-Founder Bill Gates Should Close Out 'Crazy' Tesla Short Position

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk thinks that Microsoft Corp. (NASDAQ:MSFT) co-founder Bill Gates should abandon his short position against the EV giant's stock.

Benzinga

Ben Shapiro Says Rollback Of Banana And Coffee Tariffs By Trump A 'Tacit Admission' That Trade Barriers Raise Prices On American Consumers

Conservative political commentator Ben Shapiro criticized President Donald Trump’s recent concessions on trade and tariffs as a quiet admission of the inflationary outcome of trade barriers.

Benzinga

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Peter Schiff Says Bitcoin's Bear Market Looks 'Far More Ferocious' When Compared With Gold, Is A Structural Shift Underway?

Economist Peter Schiff contrasted the superior performance of gold with that of Bitcoin (CRYPTO: BTC) on Sunday, advising his followers to rotate into the yellow metal before getting “mauled.”

Benzinga

Scott Bessent Says Trump's $2,000 Tariff Checks Are Meant For 'Working Families'

Treasury Secretary Scott Bessent said on Sunday that "working families" would receive the $2,000 tariff checks President Donald Trump has proposed, offering the clearest hint yet at who might benefit from the White House plan.

Benzinga

Elizabeth Warren Says Likes Of Amazon, Apple And Meta Not Contributing To Trump's Ballroom Out Of Goodness Of Heart: 'Sure Looks Like Bribery'

Sen. Elizabeth Warren (D-Mass.) is raising concerns regarding the use of corporate donations to bankroll President Donald Trump’s expensive vanity projects in the White House.

Benzinga

Bitcoin, Ethereum, Dogecoin Dip, While XRP Ticks Up: Analyst Assumes BTC Will Test New Lows In Upcoming Week

Leading cryptocurrencies inched lower on Sunday as investors maintained a subdued risk appetite.

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Benzinga

Selling Your Home At A Loss? Here's Why The IRS Won't Help

Homeowners who sell at a loss usually get no tax break, even as falling prices and higher borrowing costs push more sales into the red, tax experts warn.

Benzinga

ASML Unfazed By Netherlands-China Chip Tensions Amid Nexperia Crisis: 'It Will Not Affect Our Business...'

ASML Holding NV (NASDAQ:ASML) CEO Christophe Fouquet stated on Sunday that the ongoing tensions between the Netherlands and China have not impacted the Dutch chip-gear manufacturer.

Benzinga

A Husband Complains About His Wife's Costly Holiday Gifts, But Dave Ramsey Is Baffled By Their Habit Of Giving Adults Children's Books

A caller with a Christmas budgeting dilemma left “The Ramsey Show” hosts Dave Ramsey and Rachel Cruze more confused than concerned over his family's holiday spending traditions that have grown out of control.

Benzinga

61-Year-Old 'Country Girl' Has No Money But Owns a $26K Tractor for Her Acres of Worthless Land — Dave Ramsey Tells Her to Sell It All. Even the Deer

A 61-year-old Arkansas woman called into the "The Ramsey Show" hoping for clarity on investing in her 401(k) while still paying off debt. But what started as a simple inquiry quickly turned into a reality check, tractor and all.

Benzinga

Consumer Tech News (Nov 10-14): China Lifts Rare Earth Export Ban to U.S., Microsoft and Google Invest Billions in AI Data Centers & More

China has suspended its nearly year-long ban on exports of gallium, germanium, and antimony to the United States. The country’s Commerce Ministry broke the news on Sunday, following the recent “amazing meeting” between President Donald Trump and Chinese President Xi Jinping.

Benzinga

'What I'm Doing Is Not Working,' Says Dave Ramsey, Urging A 20-Year-Old Walmart Worker Making $20 An Hour And Facing $7K In Debt To 'Change'

An anonymous writer from Arkansas told "The Ramsey Show" they earn $20 an hour working overnight at Walmart and struggle to manage money, and personal finance expert Dave Ramsey said he could relate.

Benzinga

Warren Buffett's Simple Advice For New Investors: Start With An S&P 500 Index Fund

Investment guru Warren Buffett offers a straightforward solution for the one-third of Americans who are reluctant to invest in stocks: begin with an SP 500 index fund.

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