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The Latest Breaking News from Nasdaq

Jensen Huang Fires Back At Wall Street 'Flatlining' Nvidia Forecasts, Says AI Demand Will Crush Long-Term Expectations

Chipmaker Nvidia Corp.’s (NASDAQ: NVDA) CEO Jensen Huang pushed back against Wall Street's long-term outlook for the company, saying analysts are underestimating the scale of artificial intelligence demand.

Benzinga

Martin Shkreli Defends Nvidia-OpenAI Deal: It's A 'Lot More Efficient' This Way — 'Pharma Bro' Cites Growing 'Non-Party Demand'

Investor Martin Shkreli came out in support of the $100 billion investment pledge made by chipmaker NVIDIA Corp. (NASDAQ: NVDA) to ChatGPT-parent OpenAI last week, while arguing that critics are missing the point of how value is created and measured in such partnerships.

Benzinga

Mark Zuckerberg And Sam Altman Admitted Today's AI Surge Is Bubble-Like, Now A Researcher Compares The Boom With 18th Century Tulip Mania

Artificial intelligence may be powering record investment and innovation, but one of the industry's most outspoken skeptics says the hype looks eerily like past manias.

Benzinga

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Jensen Huang Calls OpenAI The Next Multi-Trillion-Dollar Hyperscaler As Nvidia Pledges $100 Billion: 'This Is Some Of The Smartest Investment...'

Nvidia Corporation (NASDAQ: NVDA) CEO Jensen Huang said OpenAI is on track to become the world's next multi-trillion-dollar hyperscaler, defending his company's decision to invest up to $100 billion in its infrastructure buildout.

Benzinga

'We Are Witnessing The Rise Of Two Americas,' Says Bernie Sanders. 'One For The Billionaire Class And One For Everyone Else'

Sen. Bernie Sanders (I-VT) is calling attention to the growing economic inequality in the U.S., arguing that the system is not just broken but collapsing for most working people.

Benzinga

Consumer Tech News (Sep. 22 – Sep. 26): US GDP Rebound, Shutdown Threat, AI Push by Big Tech, and Corporate Earnings Beats

The U.S. economy grew at a 3.8% annual rate in the second quarter, its fastest pace since the third quarter of 2023 and above the long-term trend.

Benzinga

iPhone 17 Sales Surge, Tokyo Store Reopens And Foxconn Labor Issues: This Week In Appleverse

Apple Inc. (NASDAQ: AAPL) had a busy week, with several major developments that could significantly impact its future. Here’s a quick recap of the key stories that emerged over the weekend.

Benzinga

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Trump's $100,000 H-1B Visa Fee May Slash US Jobs Instead Of Boosting Them: White House Calls Out 'Massive Abuse'

Experts warn that the Trump administration's decision to raise the H-1B visa fee to $100,000 could unintentionally reduce U.S. jobs and slow economic growth.

Benzinga

Bill Gates' Praise Of 15 Indian Engineers In Early Days Of Microsoft Surfaces Amid Trump's H1-B Visa Crackdown: 'That Was A Phenomenal Thing'

Microsoft Corp. (NASDAQ: MSFT) co-founder Bill Gates highlighted how a small group of IIT graduates helped transform Microsoft's engineering capabilities at a time when U.S. visa policies are sparking global debate.

Benzinga

Get Exposure to Millennials' Purchasing Power With This ETF

The Global X Millennials Consumer ETF (NASDAQ: MILN) taps into $1.1–$1.9T in millennial spending power, offering diversified exposure to tech, retail, travel.

MarketBeat

Benzinga Bulls And Bears: Oracle, Costco, NIO — And Wall Street Snaps Its Slide

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

Benzinga

After Public Fallout With Trump, Elon Musk Shows Support Again, Shares Cryptic AI Image Mocking Comey And Blasts Democrats Over Government Shutdown

Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk publicly backed the Trump administration following former FBI Director James Comey‘s indictment.

Benzinga

Stocks Finish Higher as Core PCE Prices Match Expectations

The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +0.59%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.65%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.44%. December E-mini S&P futures (ESZ25 ) rose +0.60%, and December E-mini Nasdaq futures...

Barchart

Dow Adds 300 Points, Ends Losing Streak: Stock Market Today

The Dow, the S&P 500 and the Nasdaq head into the weekend on high notes after posting gains for the first time since Monday.

Kiplinger

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Benzinga

Electronic Arts To Go Private In Nearly $50 Billion Deal—Stock Soars

Video game publisher Electronic Arts, Inc. (NASDAQ: EA) shares climbed following a report that the company is close to finalizing a plan to go private in what could become the largest leveraged buyout ever.

Benzinga

Comcast Brings AI To Your WiFi

Comcast Corp. (NASDAQ: CMCSA), a global media and technology company, announced on Friday that it is expanding the use of artificial intelligence in its broadband infrastructure to create what it calls the nation’s smartest network.

Benzinga

Nasdaq Gains 100 Points; US Consumer Sentiment Falls

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining around 100 points on Friday.

Benzinga

What Makes Pinterest's New Ad Tools So Special?

Pinterest, Inc. (NYSE: PINS) introduced a range of new advertising formats and features designed to enhance platform monetisation. Key launches include Top of Search ads, Local Inventory Ads, Wide Shopping Ads, Promotions, and Where-to-Buy links.

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Benzinga

What's Going On With PACCAR Shares Friday?

PACCAR Inc. (NASDAQ: PCAR) shares are trading higher Friday after it was reported President Donald Trump will impose a 25% tariff on heavy trucks made outside the United States starting Oct. 1.

Benzinga

Carrier Incentives Could Spike Apple iPhone 17 Sales, Says Analyst

Richer U.S. carrier trade-in deals and extended 24- to 36-month financing plans are giving Apple Inc. (NASDAQ: AAPL) a boost in this year’s iPhone upgrade cycle.

Benzinga

Cipher Mining Grabs $1.1 Billion for Expansion—Zero Interest, All Growth Power

Cipher Mining, Inc. (NASDAQ: CIFR) shares have fallen more than 10% since the company first announced its convertible note offering on Thursday morning.

Benzinga

Warner Bros. Discovery Bidding War Unlikely As Analysts Doubt Takeover

KeyBanc's Brandon Nispel downgraded Warner Bros. Discovery (NASDAQ: WBD) to Sector Weight, arguing that takeover speculation has inflated shares beyond fundamentals.

Barchart

Stocks Turn Mixed as US Consumer Sentiment Slips

The S&P 500 Index ($SPX ) (SPY ) today is up +0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.20%. December E-mini S&P futures (ESZ25 ) are up +0.12%, and December E-mini Nasdaq futures...

Benzinga

Baidu's Apollo Go Targets Global Growth To Compete With Waymo, Tesla

Baidu (NASDAQ: BIDU) is pushing its Apollo Go robotaxi business into new markets, including Australia, as the service reaches operational profitability in several Chinese cities.

Benzinga

United Airlines Secures FAA Green Light For Starlink-Equipped Boeing 737-800 As Free Wi-Fi Rollout Accelerates

United Airlines Holdings Inc. (NASDAQ: UAL) has secured Federal Aviation Administration approval to fly its first Boeing 737-800 outfitted with SpaceX's Starlink satellite internet. The inaugural service is scheduled to depart from Newark Liberty International Airport on Oct. 15.

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