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The Latest Breaking News from Nasdaq

Cisco Beats Q1 On Strong AI Demand, Execution; Analysts Raise Price Targets

Shares of Cisco Systems Inc (NASDAQ:CSCO) climbed in early trading on Wednesday, after it reported upbeat fiscal first-quarter results.

Benzinga

Stocks Weighed Down by Weakness in Chipmakers and Megacap Tech Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down -1.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.68%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.55%. December E-mini S&P futures (ESZ25 ) are down -1.05%, and December E-mini Nasdaq futures...

Barchart

Stocks Pressured by Higher Bond Yields and Weakness in Chipmakers

The S&P 500 Index ($SPX ) (SPY ) today is down -0.64%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.09%. December E-mini S&P futures (ESZ25 ) are down -0.70%, and December E-mini Nasdaq futures...

Barchart

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Nasdaq Down Over 150 Points; Disney Shares Fall After Q4 Results

U.S. stocks traded lower this morning, with the Nasdaq Composite falling more than 150 points on Thursday.

Benzinga

From Azure Darling To Momentum Dog: C3.ai's Plunging Score Signals Partner Risk

In the high-stakes world of enterprise AI, C3.ai Inc. (NYSE:AI) has long been the poster child for Microsoft Corp.‘s (NASDAQ:MSFT) Azure ecosystem—a “darling” buoyed by deep integrations and joint go-to-market strategies. But that shine has dulled dramatically with a drop in its momentum score.

Benzinga

Elon Musk Says Optimus Will Be Great For Japan As Country Battles Labor Shortages

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has shared that the company's Optimus line of humanoid robots would benefit Japan, which is currently facing a labor shortage.

Benzinga

Top Analyst Says Oracle's 'Irresponsible' AI Bet Differs From 'Healthy' Microsoft And Google Demand: A 'Bad Business' With 'Very Low Margins'

A prominent technology analyst has slammed Oracle Corp.'s (NYSE:ORCL) high-profile AI strategy, labeling it “bad behavior” and an “irresponsible investment” that relies on speculative demand, unlike the “healthy” and established customer-driven AI buildouts at Microsoft Corp. (NASDAQ:MSFT), Amazon.com Inc. (NASDAQ:AMZN), and Alphabet Inc.‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google.

Benzinga

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China's JD.com Reaches 700 Million Users As Retail Growth Holds Firm

China’s e-commerce giant JD.com (NASDAQ: JD) stock gained after it reported fiscal third-quarter results on Thursday.

Benzinga

Stock Market Today: Dow Jones, S&P 500, Nasdaq Futures Slip As Walt Disney Misses Q4 Estimates— Applied Materials, Cisco, Dlocal In Focus (UPDATED)

(Editor’s note: The future prices of benchmark tracking ETFs, the lede, the earnings, and the headline were updated in the story.)

Benzinga

Gene Munster Warns Nvidia Faces 'Catch-22' Ahead Of Earnings, But Remains Bullish: 'I Remain Positive On Shares'

Gene Munster says Nvidia Corp.'s (NASDAQ:NVDA) growth story remains intact despite short-term risks as investors brace for a "Catch-22" scenario around next week's earnings.

Benzinga

'Big Short' Michael Burry De-Registers His Hedge Fund, Scion Asset Management

Michael Burry, the investor who rose to fame for his prescient bet against the 2008 housing market, and most recently for his bets against Palantir Technologies Inc. (NASDAQ:PLTR) and Nvidia Corp. (NASDAQ:NVDA), has de-registered his hedge fund, Scion Asset Management, LLC.

Benzinga

Google Sues Chinese Hackers Behind 'Lighthouse' Phishing Scheme Allegedly Targeting Millions Of US Credit Cards

Alphabet‘s Google (NASDAQ:GOOGL) (NASDAQ:GOOG) has filed a lawsuit against a Chinese cybercriminal network for orchestrating extensive text-message phishing attacks.

Benzinga

Gavin Newsom Slams Sean Duffy Over 'Sad And Desperate' Falsehoods In CDL Dispute — Transport Secretary Responds: 'Blatantly Lying'

Transportation Secretary Sean Duffy has slammed California Governor Gavin Newsom for issuing commercial driver's licenses (CDLs) to foreign workers whose work authorization was set to expire before the CDLs.

Benzinga

Tesla's Former AI Lead Andrej Karpathy Compares FSD's 'Flawless' HW4 Drive With Magnetic Levitation Train: 'Basically... I'm Amazed'

Tesla Inc.'s (NASDAQ:TSLA) former AI lead, Andrej Karpathy, has hailed the Elon Musk-led automaker's Full Self-Driving (FSD) system.

Benzinga

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Benzinga

Elon Musk Urges 'Move' To Austin After Coinbase Follows Tesla To Texas

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk on Wednesday renewed his attacks on Delaware's corporate regime after Coinbase Global Inc. (NASDAQ:COIN) said it will follow Tesla and SpaceX in abandoning the state as its legal home and reincorporate in Texas.

Benzinga

Ghiorghiu Shares How He Scaled Atlas To $350K Per Month In Recurring Revenue: 'I Decided To Push All Of My Chips In. I Had My Back Against The Wall.'

E-commerce expert Sebastian Ghiorghiu has a YouTube channel with almost 1 million subscribers and has monetized his name for several years, but he wanted to create a company that didn't depend on his name and could function without him. That goal turned into Atlas, a Shopify (NASDAQ:SHOP) app that helps…

Benzinga

Alexandr Wang's Advice To Kids Sparks Backlash — Question Raised If Mark Zuckerberg Made A 'Big Mistake' Paying $14.3 Billion For Meta's New AI Chief

Meta Platforms, Inc.'s (NASDAQ:META) newly appointed Chief AI Officer, Alexandr Wang, has drawn sharp criticism after his advice to young people about "vibe coding" went viral, leaving many questioning Meta CEO Mark Zuckerberg's $14.3 billion investment.

Benzinga

CEOs Everywhere Are Trying To 'Reimagine And Automate Processes,' Says Goldman Sachs Chief, Predicting A Major Wave Of AI-Driven Productivity

Business leaders are reshaping how work gets done as artificial intelligence spreads across global industries, Goldman Sachs Group Inc. (NYSE:GS) CEO David Solomon said.

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Stocks Settle Mostly Higher as Government Poised to Reopen

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.68%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.06%. December E-mini S&P futures (ESZ25 ) rose +0.08%, and December E-mini Nasdaq futures...

Benzinga

'Don't Bet Against Crazy People,' Says Ross Gerber. 'Shorting Palantir Is A Bad Idea'

Ross Gerber is warning investors not to bet against Palantir Technologies Inc. (NASDAQ:PLTR).

Benzinga

Millennials Prefer Coinbase, Gen Z Likes UberEats, Gen X Is Playing Call Of Duty And Baby Boomers Use DoorDash

An annual list of the fastest growing brands from Morning Consult shows consumers love DoorDash Inc (NASDAQ:DASH), artificial intelligence, TikTok and more.

Benzinga

AMD Sees 60% AI Growth Ahead, Turning Up The Heat On Nvidia: Top ETFs To Watch

Semiconductor ETFs are once again in focus after Advanced Micro Devices Inc (NASDAQ:AMD) forecast its data center revenue would increase by 60% over the next three to five years, as the competition between it and Nvidia Corp (NASDAQ:NVDA) for AI dominance steps up a gear.

Benzinga

Netflix House Opens In Philadelphia—And Puts The City In The Frame

Netflix Inc. (NASDAQ:NFLX) on Wednesday opened its first Netflix House in suburban Philadelphia, inviting fans inside immersive, photo-ready sets.

Benzinga

Sterling Infrastructure Launches $400 Million Share Repurchase Program

Sterling Infrastructure Inc. (NASDAQ:STRL) announced on Wednesday that its board of directors has authorized a new share repurchase program of up to $400 million over the next two years.

Benzinga

Traders Love This Time Of Year For Broadcom — Here's Why It Rarely Fails

Broadcom Inc. (NASDAQ:AVGO) is entering the most lucrative stretch of its trading calendar, and historical data suggest it's a month investors can't afford to ignore.

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