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The Latest Breaking News from Nasdaq

Elon Musk Thought OpenAI Had A '0%' Chance Of Success, Says Sam Altman, Calls xAI A 'Competitive Clone'

Sam Altman, co-founder of artificial intelligence company OpenAI, says that Tesla Inc. (NASDAQ:TSLA) and SpaceX CEO Elon Musk has been upset at the success of ChatGPT.

Benzinga

Amazon's Zoox Debuts Free Robotaxi Rides On Las Vegas Strip, Challenging Tesla And Waymo

Amazon.com Inc.‘s (NASDAQ:AMZN) Zoox on Wednesday launched the fully autonomous ride-hailing service using purpose-built robotaxis on the Las Vegas Strip.

Benzinga

Tech Stocks Top 2000 Dot-Com Bubble Peak, Now Dominate 37% Of US Market As Nvidia, Meta And Alphabet Lead 5-Year Mag 7 Rally

Technology's dominance on Wall Street has reached unprecedented levels, with the sector now representing 37% of the entire U.S. stock market, surpassing even the height of the dot-com bubble as mega-cap names like Nvidia Corp. (NASDAQ:NVDA), Meta Platforms, Inc. (NASDAQ:META) and Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) lead a five-year rally.

Benzinga

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Alex Karp Slams Modern Progressivism As Broken, Warns It Keeps Working Class Poor With Failing Policies On Borders, Drugs, Crime

Palantir Technologies Inc. (NASDAQ:PLTR) CEO Alex Karp is targeting modern progressivism, arguing that the movement has abandoned the working class while promoting policies that exacerbate poverty, crime and drug addiction.

Benzinga

Apple iPhone 17 Lineup May Not Draw Consumers 'Standing In Line' Or 'Beating Down The Doors' As AT&T CEO John Stankey Sees No 'Supercycles' Without AI

On Tuesday, ATT Inc. (NYSE:T) CEO John Stankey cast doubt on Apple Inc.'s (NASDAQ:AAPL) ability to spark blockbuster iPhone sales cycles without a major artificial intelligence breakthrough, while Wall Street analysts said the iPhone 17 lineup delivers upgrades but still feels incremental.

Benzinga

Oracle Surges In After-Hours Trading After Popping 36%, Larry Ellison Briefly Becomes Richest Person

Oracle Corp. (NYSE:ORCL) shares are trending on Thursday.

Benzinga

Part of the Club: Robinhood & AppLovin Soar on S&P 500 Inclusion

After a long wait, Robinhood and AppLovin are now set to join the S&P 500 Index. Shares spiked in response, with institutional buying ready to ensue.

MarketBeat

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Opendoor Stock Rallies On New CEO, Founders Rabois And Wu Return To Board To 'Inject Founder DNA'

Opendoor Technologies, Inc. (NASDAQ:OPEN) stock climbed in Wednesday’s extended trading after the company announced that Kaz Nejatian, COO of Shopify, Inc. (NASDAQ:SHOP), was appointed chief executive officer and that co-founders Keith Rabois and Eric Wu are returning to the board of directors.

Benzinga

AI's New Cloud King: Oracle's Rally Could Rewrite ETF Playbooks

Oracle Corp’s (NYSE:ORCL) shares soared over 40% on Wednesday, a day after posting its earnings powered by booming demand for AI infrastructure, pushing CEO Larry Ellison ahead of Tesla Inc (NASDAQ:TSLA) scion Elon Musk as the world’s wealthiest individual.

Benzinga

Stocks Supported as Easing Price Pressures Reinforce Fed Rate Cut Hopes

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.48%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.04%. September E-mini S&P futures (ESU25 ) rose +0.28%, and September E-mini Nasdaq futures...

Barchart

CoreWeave Stock Ignites, Fueled By Venture Fund And AI Cloud Frenzy

CoreWeave, Inc. (NASDAQ:CRWV) shares climbed Wednesday alongside other AI-related names after Oracle issued bullish cloud infrastructure guidance with its Q1 earnings report.

Benzinga

Why Active Investors Are Losing The Game In Today's Stock Market

Beating the SP 500 used to be the goal for active investors — now it's more like chasing a mirage.

Benzinga

Psych Hospital Operator Acadia Healthcare Downgraded As It Braces For Medicaid Cuts

Bank of America (BofA) Securities downgraded Acadia Healthcare Inc (NASDAQ:ACHC), a behavioral health company that operates inpatient psych hospitals, residential treatment centers, and outpatient clinics, as well as therapeutic school-based programs.

Benzinga

Larry Ellison Topples Elon Musk To Become World's Richest As Oracle Stock Explodes To Record Highs

Thanks to a soaring price for Oracle Corporation (NYSE:ORCL) stock on Wednesday, there's a new richest person in the world. While Oracle missed its first-quarter estimates from analysts, the company's guidance has Wall Street taking notice.

Benzinga

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Benzinga

AI Stocks Rally, Oracle Rockets On Best Day Since 1992: What's Moving Markets Wednesday?

AI-linked stocks rallied Wednesday, fueled by investor optimism that artificial intelligence will power earnings growth after Oracle Corp. (NYSE:ORCL) revealed a massive backlog of AI-related orders.

Benzinga

Dow Dips 250 Points; US Producer Prices Fall

U.S. stocks traded mixed midway through trading, with the Dow Jones index falling more than 250 points on Wednesday.

Benzinga

FuelCell Energy Stock Jumps But Analysts Warn Shares Look Richly Valued

FuelCell Energy Inc. (NASDAQ:FCEL) posted a sharp revenue jump in its fiscal third quarter, nearly doubling year over year, as stronger product and service sales offset weakness in other divisions and lifted investor sentiment despite ongoing losses and cash burn.

Benzinga

Heads Up! The Bear Cave Nails These Pump-And-Dump Stocks: QMMM, Cuprina, Pitanium, Mint And More

Back in August, Edwin Dorsey, author of "The Bear Cave" financial newsletter, warned about a rash of pump-and-dump stock schemes being spread through chatrooms and revolving around thinly traded China-based stocks.

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Benzinga

Amazon Enters AR Glasses Race Against Meta's Hypernova And Apple's Lagging Vision Pro

Amazon.com (NASDAQ:AMZN) is actively developing two pairs of augmented-reality (AR) glasses, marking its foray into a path treaded by its arch-rivals Meta Platforms (NASDAQ:META) and Apple (NASDAQ:AAPL), though with mixed response.

Benzinga

FDA Moves To Publicize Data On Pregnant Women's Covid Vaccine Side Effects

Top health officials under the U.S. Health and Human Services Secretary Robert F. Kennedy Jr. are intensifying efforts to gather and publicize data on potential harms caused by COVID-19 vaccines, particularly in pregnant women.

MarketBeat

Forget QQQ: This ETF Marries the Magnificent 7 and Communications

Investors love QQQ, but its Magnificent Seven concentration is risky. The XLC also provides exposure to those stocks, but with a better balance.

Benzinga

Asset Entities (ASST) Stock Soars After Shareholders Approve Strive Merger

Shares of Asset Entities Inc (NASDAQ:ASST) are trading sharply higher Wednesday morning after the company announced that its stockholders have approved a previously announced merger with Strive Enterprises, Inc. The approval marks a key step toward creating a public Bitcoin (CRYPTO: BTC) treasury company.

Benzinga

Beyond iPhones: ETFs That Could Ride Apple's AI Move

Apple Inc’s (NASDAQ:AAPL) newest iPhone launch fell flat, as understood from the tech titan’s share price movement. AAPL shares lost a little over 1% after the launch of iPhone 17 on Sep 9, and is down a further 3% on Thursday. Analysts are questioning whether the iPhone 17 lineup gives investors enough…

Benzinga

DeepL Launches $2 Billion AI Agent To Rival OpenAI And Microsoft, Promising To Automate Repetitive Business Tasks Worldwide

DeepL, a German translation startup valued at $2 billion, just fired a shot across the bow of artificial intelligence giants OpenAI, Microsoft (NASDAQ:MSFT), and Anthropic. The company launched DeepL Agent on Sept. 3, marking a move beyond translation services into the rapidly expanding enterprise AI market.

Benzinga

Apple's iPhone 17 Impresses On Design, But Analysts Say AI Still Lags

Wall Street analysts praised Apple's (NASDAQ:AAPL) iPhone 17 event for delivering thinner designs, upgraded cameras, and tighter AI-health integration, but cautioned that innovation remains incremental.

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