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The Latest Breaking News from Nasdaq

Dow Surges 1%; Fastenal Shares Fall After Q3 Results

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 450 points on Monday.

Benzinga

Former Apple CEO John Sculley Identifies This Company As Apple's First Real Competitor In Decades

John Sculley, the former CEO of Apple Inc. (NASDAQ:AAPL), has identified OpenAI as major competitor to Apple in years. He also predicted that AI will lead to a shift to subscription-based business models.

Benzinga

Marc Andreessen Backs Call For Elon Musk To Spearhead $10 Trillion US Re-Industrialization Plan: 'This Is The Way'

Prominent tech investor, Marc Andreessen, expressed support for a suggestion for Tesla (NASDAQ:TSLA) CEO, Elon Musk to lead a $10 trillion program to reindustrialize America.

Benzinga

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IREN, Nebius Emerge As Top 'AI Utility' Picks As Expert Says Next Wave Of AI Trade Is 'Industrial'

As the artificial intelligence (AI) boom continues to reshape industries, there has also been some attention on the companies that form the foundational infrastructure for powering AI, apart from the immediate buzz of AI chipmakers.

Benzinga

5 Stocks In The Spotlight From Wall Street's Most Accurate Analysts Last Week

U.S. stocks settled lower on Friday, with the Nasdaq Composite falling more than 800 points during the session after President Donald Trump threatened a sweeping increase in tariffs on Chinese imports.

Benzinga

Stock Market Today: Dow Jones, S&P 500 Rally After Trump Hints At De-Escalation With China— Tesla, Meta And Other Mag 7 Stocks In Focus (UPDATED)

Editor’s Note: The future prices of benchmark tracking ETFs were updated in the story.

Benzinga

Elon Musk's SpaceX Delays Amazon Kuiper Satellite Launch To Monday

Elon Musk's commercial space flight company SpaceX has delayed the launch of Amazon.com Inc.'s (NASDAQ:AMZN) satellite-based internet service provider Project Kuiper to Monday, October 13.

Benzinga

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Altimeter Capital CEO Brad Gerstner Breaks Down AMD-OpenAI GPU Bet, Says Lisa Su Is Betting The Farm To Catch Up To Rival Nvidia

Last week, Altimeter Capital CEO Brad Gerstner described Advanced Micro Devices Inc.'s (NASDAQ:AMD) multi-billion-dollar deal with Sam Altman's OpenAI as a "bet-the-farm" moment for CEO Lisa Su — one that could reshape the balance of power in the AI chip race currently dominated by Nvidia Corp. (NASDAQ:NVDA).

Benzinga

Nvidia, Tesla Surge Nearly 4% As Apple, Microsoft And Other Mag 7 Stocks Rally In Monday Pre-Market: What's Going On?

Shares of Nvidia Corp (NASDAQ:NVDA) and Tesla Inc. (NASDAQ:TSLA) climbed 3.57% and 2.61%, respectively, during Monday’s pre-market trading session, after President Donald Trump softened his stance on China tariffs.

Benzinga

Tesla Battery Maker CATL, Rival BYD Dominate Global EV Battery Market As Sector Records Nearly 35% Growth From January To August

Tesla Inc. (NASDAQ:TSLA) battery supplier Contemporary Amperex Technologies Ltd. (CATL), rival BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF) continue to dominate the global EV battery market in 2025.

Benzinga

Elon Musk Says xAI's 'MACROHARD' Project Will Be 'Profoundly' Impactful At Massive Scale—Without Direct Hardware Production: 'Much Like Apple'

Elon Musk believes that his “MACROHARD” initiative will have a major impact on a large scale, taking a leaf from Apple Inc. (NASDAQ:AAPL)’s manufacturing model.

Benzinga

Fastenal, Safe Pro Group And 3 Stocks To Watch Heading Into Monday

With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:

Benzinga

Mark Zuckerberg Reportedly Drops $1.5 Billion Pay Packet To Snag Top AI Scientist From Mira Murati's Thinking Machines Lab

Meta Platforms Inc. (NASDAQ:META) has hired Andrew Tulloch, co-founder of Mira Murati's AI startup Thinking Machines Lab, marking another major addition to CEO Mark Zuckerberg's aggressive push to close the gap in advanced artificial intelligence.

Benzinga

China Says Not 'Afraid' Of Trade War With US As Trump Posts It Will Be 'Fine' — Dow Future Rise 400 points, Asian Markets Open Lower

U.S. stock futures are rallying on Sunday night, following President Donald Trump’s decision to walk back on his latest tariff escalation with China.

Benzinga

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AAP

Australian shares fall amid new chapter in trade woes

A renewed US-China trade stoush over rare earths minerals has spooked markets, and investors aren't holding their breath for a speedy resolution.

Benzinga

As Tesla Releases Model Y, Model 3 Standard, Here Are Other Affordable EV Options That Undercut Elon Musk-Led EV Giant's Lineup

With Tesla Inc. (NASDAQ:TSLA) releasing affordable trims of the Model Y and the Model 3 in the U.S. priced at $39,990 and $36,990, respectively, here's a look at some other affordable EV options in the market.

Benzinga

Consumer Tech News (Oct 6-10): China Hits Nvidia, Tesla Tests Cybercab, Sunak Joins Microsoft & More

China has reportedly launched a sweeping customs crackdown on Nvidia Corporation’s (NASDAQ:NVDA) AI chips.

Benzinga

From $4 An Hour To Cisco CPO: Jeetu Patel Shares How Waiting Tables Built The Skills That Propel Tech Leaders

Cisco Systems Inc. (NASDAQ:CSCO) Chief Product Officer Jeetu Patel, who began his career earning $4 an hour waiting tables, says early service-industry jobs can teach Gen Z critical skills that formal education often misses.

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Benzinga

The Insider Report: Panic Never Pays

It was a pretty quiet week until Friday. Trade tensions with China are soaring again, and it sent stocks tumbling into the close. Could we really see 100% tariffs on China? I think it's an exaggeration, and the best dip buying opportunity in months. Be ready. The Dow Jones Industrial…

Benzinga

Meet The Startup Building The Amazon Of Space: Inversion Launches Arc To Deliver Cargo Anywhere On Earth In 60 Minutes Or Less

A 25-person startup in Los Angeles has introduced a technology that could enable Amazon-style (NASDAQ:AMZN) logistics in space. Inversion, an aerospace and defense technology company, on Oct. 1 unveiled Arc, a space-based delivery vehicle capable of transporting cargo to any location on Earth in under an hour.

Benzinga

Qualcomm's Cristiano Amon Calls India a Global Tech Powerhouse After Meeting With PM Modi

Indian Prime Minister Narendra Modi met Qualcomm Inc. (NASDAQ:QCOM) CEO Cristiano R. Amon in New Delhi to discuss India’s progress in artificial intelligence, semiconductor development, and digital upskilling initiatives.

Benzinga

Bill Gates Once Revealed How A Tornado Tore Through His Seattle Neighborhood When He Was Just 6 Years Old: 'Our House Was Hit the Hardest'

Microsoft Corp. (NASDAQ:MSFT) co-founder Bill Gates once revisited a long-forgotten childhood memory — the day a rare tornado tore through his quiet Seattle neighborhood, damaging his family home and shocking meteorologists across the Pacific Northwest.

Benzinga

Former Intel CEO Pat Gelsinger Addresses Concerns Around AI Boom Mirroring Early Internet Mania: 'No Change For The Next Two, Three, Four Years But..'

Former Intel Corp. (NASDAQ:INTC) CEO Pat Gelsinger has said the current wave of artificial intelligence investment and vendor financing bears similarities to the early internet boom — but predicted real technological transformation before the end of the decade.

MarketBeat

MarketBeat Week in Review – 10/06 - 10/10

Investors are eagerly awaiting the start of earnings season for market direction, as the continued government shutdown is creating a lack of economic data

Benzinga

'Absolutely Don't Do This': Perplexity CEO Aravind Srinivas Warns Against Misuse Of AI Tools

Perplexity AI is back in the spotlight. This time, the startup’s 31-year-old CEO, Aravind Srinivas, warned against misusing AI tools.

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