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The Latest Breaking News from Benzinga

Intel Stock Slips Despite Blowout Quarter: Here's What 4 Analysts Are Saying

Shares of Intel Corp (NASDAQ:INTC) edged lower in early trading on Friday, despite the company’s upbeat second-quarter report.

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American Express CEO Says Consumers Keep Spending Despite Economic Uncertainty

American Express Co. (NYSE:AXP) stock fell Friday despite the company reporting stronger-than-expected second-quarter 2026 earnings, as investors focused on rising expenses and an unchanged full-year profit outlook.

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Jensen Huang Posts On X For The First Time Ever — And Uses It To Defend Open-Source AI

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang published his first-ever post on X Friday, and he skipped the introductions entirely — using his debut to amplify a sweeping industry defense of open-source AI.

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Flights Are Cheaper Than Before COVID. Here's Why Airlines Are Still Making More Money

Airline executives have spent much of the past two years talking about resilient travel demand and record revenues, leaving many travelers with the impression that airfares have become permanently more expensive. American Airlines Group, Inc. (NASDAQ:AAL) sees it differently.

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Elon Musk's Starship Tries Again Today After Engine Abort, Weather Scrub: What Prediction Markets Say About Flight 13

Elon Musk’s Space Exploration Technologies Corp. (NASDAQ:SPCX), aka SpaceX, will attempt to launch Starship for the third time in nine days this evening, after an engine abort on July 16 and a weather scrub on Thursday kept the rocket grounded.

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Lockheed Isn't Waiting For Pentagon Orders Anymore

For decades, the U.S. defense industry has followed a familiar playbook: the Pentagon identifies a need, issues a request for proposals, and contractors compete to build the winning system. According to Lockheed Martin Corp (NYSE:LMT), that model is changing.

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India Just Ordered Jack Dorsey’s BitChat To Be Erased From GitHub, After Protesters Used the Bluetooth Messaging App to Outsmart a Government Blackout Amid Mass Protests

The Indian government has directed GitHub to remove Jack Dorsey‘s Bitchat repositories amid the ongoing student protests in Delhi.

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Alphabet Lost $294 Billion in One Brutal Day — Almost an Entire Palantir

Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) just erased $294 billion in market value in a single session — roughly the size of an entire Palantir Technologies Inc.

Benzinga

NYC Landlords Sue Over Mamdani's Rent Freeze, Say Board Member's Resignation Proves 'Everything Since Has Been Theater'

A group of six New York City property owners is challenging New York City Mayor Zohran Kwame Mamdani‘s rent freeze in court, questioning the process used by the city’s Rent Guidelines Board to approve the policy.

Benzinga

Tesla Just Had a Toyota-Sized Meltdown—JPMorgan, UBS Raise Red Flags

Tesla, Inc. (NASDAQ:TSLA) investors gave a resounding thumbs-down to the EV maker’s latest earnings report, causing shares to suffer a historic collapse on Thursday, wiping out $214.5 billion in market value in a single session. That’s more than the entire market capitalization of Toyota Motor Corp (NYSE:TM).

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Hunter Biden Questions Jared Kushner's $2 Billion Saudi Windfall, LIV Golf Deal as Trump Signs Nuclear Pact: 'The First Time...United States Has Ever...'

Former President Joe Biden‘s son Hunter Biden questioned the contrast between military action against Iran’s uranium enrichment program and a new agreement reportedly allowing Saudi Arabia to pursue uranium enrichment with U.S. support.

Benzinga

Top Economist Warns Trump's New Tariffs Are 'Same Rotten Policy' in a New Wrapper Even If They Survive Court: 'But They Will Fail To...'

The Donald Trump administration has officially announced a sweeping new set of tariffs ranging from 10% to 12.5% on 60 designated trading partners—encompassing over 80 individual countries when accounting for the European Union—to replace expiring temporary duties.

Benzinga

Magnificent 7 Payout Ratio Drops to 37%: Fidelity's Jurrien Timmer Asks if it's 'The End of an Era?' as MAGS ETF Falls the Most in 15 Months

The Roundhill Magnificent Seven ETF (BATS:MAGS) plunged 4.63% on Thursday in its worst single-day drop in 15 months, as aggressive capital spending on artificial intelligence severely pressured big tech balance sheets amid a decline in dividends and buybacks.

Benzinga

Two Years to Build or Pay 200% — Which US Pharma Stocks Win?

President Donald Trump has given generic-drug manufacturers a choice – add U.S. capacity within two years or face tariffs.

Benzinga

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Mark Carney Warns Canada Has a ‘Full Range’ of Responses Ready If Trump’s Sweeping 50% Tariffs Take Effect in August

Canadian Prime Minister Mark Carney said on Thursday that "everything’s on the table" if President Donald Trump’s threatened 50% tariffs take effect, while Ottawa intensifies negotiations before the Aug. 19 deadline.

Benzinga

Stock Market Today: S&P 500, Dow Jones, Nasdaq 100 Futures Gain as Oil Prices Decline—Intel, Edwards Lifesciences, SAP in Focus (UPDATED)

(Editor’s note: The ETFs data was updated.)

Benzinga

Bernie Sanders Rips Walmart Over $37.6 Billion Buybacks as Workers Rely on Medicaid, SNAP: 'The Real Welfare Queen Is the Walton Family'

Sen. Bernie Sanders (I-Vt.) criticized Walmart Inc (NASDAQ:WMT) on Thursday over its stock buybacks and employee wages, while taking aim at the wealth of the retailer’s founding Walton family.

Benzinga

Intel's CEO Just Made a Bold AI Prediction. Here's Why NVDA Investors Should Pay Attention

For much of the generative AI boom, GPUs have dominated discussions around AI infrastructure as companies raced to build large language models, with Nvidia Corp. (NASDAQ:NVDA) emerging as the biggest beneficiary, while CPUs took a back seat.

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Benzinga

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

The S&P 500 suffered its steepest one-day decline in a month on Thursday as surging oil prices and earnings from Tesla Inc. (NASDAQ:TSLA) and Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) rattled investors, but Polymarket traders are betting the benchmark index will rebound at Friday’s open.

Benzinga

Elena Kagan Rejects Claims Supreme Court Is a Trump 'Rubber Stamp,' Even as She Slams Parts Of Its Record as 'Deeply Wrong'

Supreme Court Justice Elena Kagan said on Thursday that the court’s 6-3 conservative majority remains "quite the opposite" of a rubber stamp for President Donald Trump, despite repeatedly siding with his administration on immigration and executive power.

Benzinga

Iran's Araghchi Slams Trump’s Asset Seizure Proposal, Warns It Could Endanger Global Funds: ‘Will Not Be Pretty or Peaceful’

Iranian Foreign Minister Seyed Abbas Araghchi slammed the U.S. decision to seize Tehran’s assets to cover future attacks on ships as an “incendiary” precedent.

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Intel CEO Lip-Bu Tan Warns AI Supply Crunch Won't Ease: Shortages Will 'Persist for the Foreseeable Future'

Intel Corp (NASDAQ:INTC) reported better-than-expected second-quarter results on Thursday, but warned that supply constraints across the AI ecosystem remain severe, with shortages expected to persist for the foreseeable future.

Benzinga

Trump Says US-Saudi Civil Nuclear Deal 'Totally Subject To' the Nation Joining Abraham Accords— Analyst Fires Back: 'Blatant Investment In Netanyahu'

President Donald Trump said the U.S.-Saudi civil nuclear agreement would be approved only if Saudi Arabia meets a key condition.

Benzinga

Mamdani's Pied-À-Terre Tax Is Now Real— NYC Mayor Tells Owners of Luxury Second Homes Worth Over $5 Million: 'You've Got Mail'

New York City Mayor Zohran Kwame Mamdani said the city has begun notifying owners of luxury second homes about its upcoming pied-à-terre tax, signaling the next step in implementing the policy.

Benzinga

AMD Stock Could Surge 48% as Daniel Newman Calls It a 'Top Conviction'—Patrick Moorhead Sees $200 Billion Server CPU Market

Following Advanced Micro Devices Inc.’s (NASDAQ:AMD) Advancing AI 2026 event in San Francisco, top technology analysts are issuing aggressive price targets and bullish forecasts for the chipmaker.

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