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The Latest Breaking News from Nasdaq

Dow Surges 200 Points; US Initial Jobless Claims Rise

U.S. stocks traded higher midway through trading, with the Dow Jones index gaining around 200 points on Thursday.

Benzinga

Sam Bankman-Fried Invested In Anthropic Early, Here's How Much His Stake Would Be Worth If It Wasn't Sold While He Was In Prison

Former FTX CEO and co-founder, Sam Bankman-Fried, is currently serving more than 20 years behind bars after being convicted of fraud and conspiracy charges in 2023. An investment made by Bankman-Fried on behalf of FTX could have turned into huge profits, but was sold while the former crypto figure was…

Benzinga

Looking For The Next Opendoor? Try These 5 Stocks Eric Jackson Holds

Eric Jackson, founder of EMJ Capital, is known for his bullish view on Opendoor Technologies, Inc. (NASDAQ:OPEN) which he has targeted as a potential “100-bagger,” projecting targets as high as $82 per share.

Benzinga

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Stocks Supported by Fed Rate Cut Expectations

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.31%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.28%. September E-mini S&P futures (ESU25 ) are up +0.29%, and September...

Barchart

ASML Explores India As Geopolitical Risks Threaten China Business

ASML Holding NV (NASDAQ:ASML), the world’s leading supplier of advanced chipmaking equipment, is seeking a foothold in India as Prime Minister Narendra Modi pushes to establish a domestic semiconductor industry.

Benzinga

Shoe Carnival Lifts Profit Outlook As CEO Praises Rebanner Momentum, Stock Soars

Shoe Carnival, Inc. (NASDAQ:SCVL) shares surged Thursday after the company reported its second-quarter results.

Benzinga

The Real Reason Behind Bitcoin Outperforming The S&P500, Gold, Real Estate Over The Last 10 Years

Bitcoin (CRYPTO: BTC) has outperformed other asset classes over the past decade, though market commentators highlighted its significantly higher volatility.

Benzinga

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Stocks Gain and Bond Yields Fall as US Labor Market Cools

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.14%. September E-mini S&P futures (ESU25 ) are up +0.19%, and September...

Barchart

T-Mobile Sees Quicker Payoff In UScellular Takeover With Higher Synergies

T-Mobile US Inc. (NASDAQ:TMUS) issued updated guidance after closing its acquisition of UScellular, raising its cost-savings target and cutting its integration timeline.

Benzinga

Is Starbucks Stock Underperforming the Nasdaq?

Starbucks has trailed behind the Nasdaq over the past year, and analysts are moderately bullish about the stock's growth prospects.

Barchart

Nvidia's Soaring Market Cap Pushing S&P 500 Towards 'Bubble Risk,' Warns Deutsche Bank

Deutsche Bank analysts have raised concerns about the market cap of Nvidia Corporation (NASDAQ:NVDA), suggesting that it may be contributing to a potential bubble in the U.S. equities market.

Benzinga

C3.ai Posts Downbeat Results, Joins GitLab, Salesforce And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures were mostly higher this morning, with the Nasdaq futures gaining around 50 points on Thursday.

Benzinga

Jim Cramer: Sell Chime, Get This Buy Now Pay Later Stock Instead

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended selling neobank Chime Financial, Inc‘s (NASDAQ:CHYM) stock and buying Affirm Holdings, Inc. (NASDAQ:AFRM).

Benzinga

Trump Calls Elon Musk '80% Super Genius' And '20% Problems' Amid White House Rose Garden Event Snub: 'I Like Him Now But…'

President Donald Trump says Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk is "80% Super Genius," but admitted that the billionaire had some problems.

Benzinga

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Benzinga

Alibaba, ByteDance Defy Beijing Warnings As Chinese Tech Titans Race To Secure Nvidia's $12,000 H20 Chips, Eye Next-Gen B30A At Double The Price

Chinese tech giants are pushing ahead with Nvidia Corp. (NASDAQ:NVDA) purchases even as regulators in Beijing caution them against heavy reliance on U.S. chips.

Benzinga

Microsoft CEO Satya Nadella Hails Research Team Which Built Analog Optical Computer Using Smartphone Parts To Tackle AI Workloads

On Wednesday, Microsoft Corp. (NASDAQ:MSFT) CEO Satya Nadella praised a breakthrough by the company's research division, highlighting a prototype analog optical computer built with smartphone components that could reshape how industries solve complex problems.

Benzinga

WeRide Rolls Out 24/7 Driverless Robotaxi Service In Guangzhou's Huangpu District

WeRide (NASDAQ:WRD) has officially launched round-the-clock commercial operations of its mass-produced Robotaxi GXR in Guangzhou’s Huangpu District.

Benzinga

Brian Armstrong Wants More Than Half Of Daily Code Written At Coinbase To Be AI-Generated: Should Use 'Responsibly As Much As We Possibly Can'

Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong announced on Wednesday an ambitious plan to expand the percentage of AI-generated code at the company to more than 50% within the next month.

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Kiplinger

SPACs, SMRs and How to Invest in the Nuclear Insurgency

Big nuclear deployments are in process, but small modular reactors could be a better way to meet rapidly rising electric power demand.

Benzinga

Ex-Opendoor CEO Carrie Wheeler Cashes Out Nearly $35 Million After 'OPEN Army' Meme Rally Saves Stock From Delisting

Former Opendoor Technologies Inc. (NASDAQ:OPEN) CEO Carrie Wheeler sold 7 million shares worth $34.95 million on Tuesday, according to Securities and Exchange Commission Form 144 filings.

Benzinga

Tesla Moves Safety Operator To Driver's Seat As Robotaxi Hits Austin Highways

Tesla Inc. (NASDAQ:TSLA) has moved the safety monitor in its Robotaxis from the passenger seat to the driver's seat in Austin as operations expand to highways

Benzinga

Bill Gurley Signals Caution As OpenAI Expands $10.3 Billion Share Sale: You Shouldn't Be 'Buying' If You Can't Answer This Question

OpenAI is reportedly moving ahead with a multibillion-dollar secondary share sale at a staggering $500 billion valuation, but veteran venture capitalist Bill Gurley is signaling caution to investors.

Benzinga

Trump Says US 'Easily Beating' China In AI Race—Credits His Tariffs, Energy Policies

President Donald Trump asserted that the United States is currently leading the artificial intelligence (AI) race against China. He attributed this to the impact of tariffs and the nation’s energy policies.

Benzinga

Oracle Cuts Hundreds Of Jobs Despite Stock Near Record Highs: Report

Oracle Corp. (NYSE:ORCL) has reportedly eliminated more than 350 positions across California and Washington this week, according to state employment records, despite the database giant’s stock trading near all-time highs at $223.45.

Benzinga

Elon Musk's xAI Hit By CFO Exit, Adding To Wave Of Leadership Departures: Report

Elon Musk‘s artificial intelligence startup xAI faces mounting leadership instability as Chief Financial Officer Mike Liberatore departed in late July after just three months on the job, marking the latest in a series of high-profile executive exits that could signal operational challenges for the AI venture.

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