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The Latest Breaking News from Nasdaq

Chamath Palihapitiya Warns AI Push By GOOGL, META, MSFT And AMZN Using NVDA Chips Could Double Electricity Rates

The burgeoning artificial intelligence boom, driven by tech titans like Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), Meta Platforms Inc. (NASDAQ:META), Microsoft Corp. (NASDAQ:MSFT), and Amazon.com Inc. (NASDAQ:AMZN) relying heavily on Nvidia Corp. (NASDAQ:NVDA) powerful GPUs, could lead to a dramatic doubling of electricity rates within the next five years.

Benzinga

Jony Ive And OpenAI's Artificial Intelligence Device Reportedly Faces Delays — Here Is What's Threatening 2026 Launch For The Palm-Sized Gadget

OpenAI and legendary designer Jony Ive are reportedly facing major technical challenges as they race to launch their secretive new AI device, casting doubt on plans for a 2026 debut.

Benzinga

Elon Musk Releases Video Showcasing Optimus Robot Performing Martial Arts Moves, Says 'Not Teleoperated' Amid AI Push

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has released a new video showcasing an Optimus humanoid robot performing martial arts alongside an expert amid a push towards AI and Robotics.

Benzinga

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Steve Jobs Saw The Future As 'Bright,' And 'Boundless,' Says Tim Cook On Apple Co-Founder's 14th Death Anniversary: 'He Lit The Path Forward…'

On Sunday, Apple Inc. (NASDAQ:AAPL) CEO Tim Cook paid tribute to company co-founder Steve Jobs, marking the 14th anniversary of his death with a heartfelt message.

Benzinga

Japan's Nikkei stock index jumps 4.3% after ruling party chooses an ultra-conservative as its leader

Japan’s Nikkei stock index has jumped more than 4% after its ruling party chose an ultra-conservative as its leader and likely first woman prime minister

The Independent UK

Apple Gears Up for Executive Shake-Up — Here's Who's in the Succession Spotlight

Apple Inc. (NASDAQ:AAPL) is preparing for a significant reshuffling of its top brass.

Benzinga

Congressman Misses Out On 67% Intel Gains, 100K Federal Workers To Resign And More: This Week In Politics

Donald Trump has been at the center of some significant events this week. Here’s a quick recap of the top political stories that unfolded over the weekend.

Benzinga

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Uber, Lyft Drivers Gain Historic Right To Unionize In California As Newsom Signs Bill Impacting 800,000 Gig Workers

Governor Gavin Newsom (D-Calif.) on Friday signed a landmark bill granting Uber Technologies Inc. (NYSE:UBER) and Lyft Inc. (NASDAQ:LYFT) drivers the legal right to unionize, marking a major victory for gig workers.

Benzinga

Tesla Shareholders Oppose Elon Musk's $1 Trillion Pay Package Amid Governance Concerns, EV Tax Credit Expiration

A group of Tesla Inc. (NASDAQ:TSLA) shareholders, including SOC Investment Group and state officials from Nevada, New Mexico and Connecticut, urged investors on Thursday to vote against CEO Elon Musk's $1 trillion pay package at the company's upcoming November meeting, according to a regulatory filing.

Benzinga

OpenAI Acquires AI Finance App Roi In CEO-Only Deal As Consumer Products Push Continues

OpenAI has purchased Roi, an AI-driven personal finance app, with only the startup's CEO joining the company. The move continues OpenAI's trend of acqui-hires throughout the year.

Benzinga

Former Cisco CEO John Chambers Warns AI Market Surge Mirrors Dot-Com Bubble, Predicts Faster Job Displacement, Market Volatility

John Chambers, former CEO of Cisco Systems Inc. (NASDAQ:CSCO), who navigated the internet boom and bust, now sees troubling similarities in today's AI surge, warnings now echoed by mounting Wall Street concerns, even as some tech leaders highlight AI's productivity benefits over potential job losses.

Benzinga

Jeff Bezos Predicts Gigawatt-Scale Orbital Data Centers In 10–20 Years, Compares AI Boom To Early 2000s Dot-Com Era

Amazon.com Inc. (NASDAQ:AMZN) founder Jeff Bezos said on Friday that within the next 10 to 20 years, massive data centers could be built in space, taking advantage of uninterrupted solar energy as a key edge over those on Earth.

Benzinga

Goldman Sachs, Morgan Stanley To Lead Amazon-Backed Beta Technologies $300M GE Deal And IPO As Military-Trained Electric Aircraft Firm Expands

Beta Technologies, an electric aircraft manufacturer backed by Amazon (NASDAQ:AMZN), on Monday filed for an initial public offering in the U.S. at a moment when Wall Street’s appetite for growth stories has rarely been stronger.

Benzinga

Parents Sue Tesla After Cybertruck Crash Kills Daughter, Allege Faulty Door Design Trapped Her During Fire

The parents of a college student who lost her life in a Tesla Cybertruck accident have initiated legal proceedings against Tesla Inc. (NASDAQ:TSLA). They attribute their daughter’s demise to the electronic door design of the vehicle.

Benzinga

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Benzinga

Elon Musk Says 'Failure Is Irrelevant Unless it's Catastrophic': Tesla CEO Explains His Take With Baseball

Elon Musk says failure is largely beside the point "unless it's catastrophic," casting setbacks as part of a portfolio of bets where only the overall "batting average" matters. His view, long central to how SpaceX and Tesla Inc. (NASDAQ:TSLA) iterate, came in response to a question about coping with missteps.

Benzinga

Trump's $100,000 H-1B Visa Fee Sparks First Major Lawsuit From Unions, Employers And Universities

The Donald Trump administration's plan to impose a $100,000 fee on new H-1B visas is now reportedly facing its first major legal challenge, as unions, universities, and employers argue the move unlawfully undermines a program central to America's tech and research sectors.

Benzinga

Jeff Bezos Calls AI Boom A Bubble — But Says It's A Good One

Amazon.com Inc. (NASDAQ:AMZN) founder Jeff Bezos acknowledged that artificial intelligence is in "a kind of industrial bubble" but stressed that the technology is real and will deliver "gigantic" benefits to society.

Benzinga

Palantir, Anduril Say Report Of Security Flaws Was Outdated, Inaccurate—Palantir Shares Recover Slightly (UPDATED)

Editor’s note: This story was updated to include an exclusive statement from Palantir Technologies

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Barchart

Stocks Settle Mixed as Tech Rally Loses Steam

The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +0.01%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.51%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.43%. December E-mini S&P futures (ESZ25 ) rose +0.01%, and December E-mini Nasdaq futures...

Benzinga

'Elon Is Smart And Ahead Of The Curve,' Says Mark Cuban, But Still Doesn't Think Humanoid Robots Are The Future

Tesla (NASDAQ:TSLA) CEO Elon Musk claimed in May that humanoid robots will begin impacting GDP in just four to five years. But while billionaire Mark Cuban agrees Musk is forward-thinking when it comes to video-based robotics, he isn't sold on humanoid robots being the game-changer everyone thinks they'll be.

Benzinga

Deal Dispatch: From Stellantis To Snyk, Major Companies Consider Exits

For the previous edition of Deal Dispatch, click here.

Benzinga

Is Instacart Falling Behind As Amazon, Uber, And Walmart Battle For Grocery Customers?

Maplebear Inc. (NASDAQ:CART), operating as Instacart, saw its shares decline on Friday after research highlighted topline risks associated with rising competition in online grocery delivery.

Benzinga

Astera Labs Battles Nvidia And Broadcom As AI Chip Market Heats Up

Astera Labs, Inc. (NASDAQ:ALAB), an AI connectivity specialist, faces a critical market juncture as competition intensifies and lofty valuations test investor patience.

Benzinga

Tesla Set To Hit $3 Trillion in 2026—Dan Ives

Tesla, Inc. (NASDAQ:TSLA) bull and Wedbush tech analyst Dan Ives expects the EV maker to increase its valuation from $2 trillion to $3 trillion over the course of 2026.

Barchart

Stocks Supported by AI Spending Boom

The S&P 500 Index ($SPX ) (SPY ) today is up +0.40%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.84%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.07%. December E-mini S&P futures (ESZ25 ) are up +0.37%, and December E-mini Nasdaq futures...

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