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The Latest Breaking News from Nasdaq

Mark Zuckerberg Bets Big On Smart Glasses, Calls Meta's Wearables 'Extremely Profitable' Long-Term Play

On Wednesday, Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg addressed investor concerns about the profitability of the company's growing wearables business during the third-quarter earnings, saying Meta's investment in smart glasses and augmented reality devices could eventually turn into "an extremely profitable business."

Benzinga

'People Should Study Things They're Interested In:' Airbnb CEO Brian Chesky Warns Students To Stop Fearing AI, Focus On Timeless Skills

As artificial intelligence reshapes the workforce, Airbnb Inc. (NASDAQ:ABNB) CEO Brian Chesky is urging students to stop fearing the rise of machines and start mastering the timeless skills that technology can't replace.

Benzinga

Former Intel CEO Pat Gelsinger Applauds Nvidia's Move To Manufacture Blackwell AI Chips in Arizona: 'Well Done, Go Faster...'

On Wednesday, former Intel Corporation (NASDAQ:INTC) CEO Pat Gelsinger praised Nvidia Corp's (NASDAQ:NVDA) decision to shift production of its most advanced AI chips to Arizona

Benzinga

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Nvidia Hits $5 Trillion: Is This The Next Dot-Com Bubble Or AI Gold Rush? The 56x Return Investor Speaks

As chipmaker NVIDIA Corp. (NASDAQ:NVDA) surges past $5 trillion in market capitalization, several prominent analysts have reacted to the stock’s unrelenting rally, amid growing concerns regarding its sustainability and speculations of an AI bubble.

Benzinga

Elon Musk's $1 Trillion Tesla Pay Plan Would 'Concentrate Power,' Says Pension Plan Holding Over $2 Billion In TSLA Stock

The California Public Employees Retirement System (CalPERS) is reportedly planning to vote against Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk's $1 trillion compensation award, opposed by proxy advisory firms.

Benzinga

Mark Zuckerberg Is A 'Wartime CEO' And Leading Meta Into Next Stage Of AI Revolution, Says Dan Ives — Stock Sell-Off Is Short-Sighted

Meta Platforms Inc. (NASDAQ:META) saw its stock tumble 7.37% in after-hours trading on Wednesday following its earnings release, but Wedbush analyst Dan Ives believes the pullback misses the bigger picture.

Benzinga

Steve Jobs Once Stressed The Importance Of 'Spontaneous Meetings' — Now Jamie Dimon Warns 'Young People Are Being Left Behind' For The Same Reason

It appears that Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk isn't the only person invoking Apple Inc. (NASDAQ:AAPL) co-founder Steve Jobs lately — JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon is also echoing the legendary tech mogul's belief.

Benzinga

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Apple's Long-Term Outlook Brightens As AI, iPhone Demand Drive Growth

Apple Inc. (NASDAQ:AAPL) shares were steady on Wednesday as investors weighed long-term growth prospects and upcoming iPhone and services momentum.

Benzinga

Meta Stock Drops After Q3 Earnings: CapEx Will Be 'Notably Larger' in 2026

Meta Platforms, Inc. (NASDAQ:META) released its third-quarter earnings report after Wednesday's closing bell. Here's what to know:

Benzinga

Stocks Pressured as Fed Chair Powell Downplays Further Rate Cuts

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed unchanged, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.41%. December E-mini S&P futures (ESZ25 ) fell -0.06%, and December E-mini Nasdaq futures...

Barchart

Dow, S&P 500 Slip on December Rate Cut Worries, Nvidia Boosts Nasdaq: Stock Market Today

Nvidia became the first company ever to boast a $5 trillion market cap, but it wasn't enough to lift the Dow and the S&P 500.

Kiplinger

Microsoft's New OpenAI Deal Could Be Its Smartest AI Move Yet

Wall Street analysts see Microsoft Corporation's (NASDAQ:MSFT) restructured partnership with OpenAI as a milestone in its artificial intelligence strategy.

Benzinga

Why Is Amazon Stock Trading Up Today?

Shares of Amazon.com, Inc. (NASDAQ:AMZN) are rising Wednesday after the company shared an impressive update about one of its AI compute clusters.

Benzinga

Elon Musk's Tesla Fleet Dream—AWS On Wheels

Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk is full of transformational ideas — but he’s "increasingly confident" one of them could work.

Benzinga

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Benzinga

S&P 500 Tops 6,900 Ahead Fed Rate Move, Gold Reclaims $4,000: What's Moving Markets Wednesday?

A powerful surge in AI-related stocks — led by a 9% advance in NVIDIA Corp. (NASDAQ:NVDA) over the past two sessions — propelled the SP 500 above the 6,900 mark and lifted the Nasdaq 100 to 26,100 points, both breaking new records, as investors brace for the Federal Reserve's highly…

Benzinga

Crude Oil Gains Over 1%; Boeing Shares Fall After Q3 Results

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 100 points on Wednesday.

Barchart

Fed Delivers Expected Rate Cut While Signaling End to Balance Sheet Reduction

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.53%. The Federal Reserve delivered a widely anticipated policy decision this afternoon,...

Benzinga

Magnificent 7 Market Cap Tops $22 Trillion – And Nvidia Just Got Bigger Than Japan

The total market value of the Magnificent Seven tech giants soared past $22.2 trillion on Wednesday, powered by a surge in Nvidia Corp. (NASDAQ:NVDA), which crossed the $5 trillion valuation mark for the first time ever—now eclipsing the entire economy of Japan.

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Barchart

Stock Indexes Soar to Record Highs as Global Trade Tensions Ease

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.32%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.40%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.47%. December E-mini S&P futures (ESZ25 ) are up +0.30%, and December...

Benzinga

Kraft Heinz Cools Its 2025 View As North America Demand Sours

Kraft Heinz Company (NASDAQ:KHC) shares slipped on Wednesday after a mixed third quarter, as North American weakness pressured sales and prompted a cut to the 2025 outlook.

Fortune

In a world of crypto and ‘exotic instruments’, traditional exchanges are thinking about how they ‘stay relevant’

At the Fortune Global Forum in Riyadh, exchange heads trade notes about uncertainty, new competition, and Labubu.

Benzinga

EXCLUSIVE: Roadzen Targets $200 Million Gross Written Premium After Acquiring Majority Stake In US MGU

Roadzen, Inc. (NASDAQ:RDZN) on Wednesday disclosed that it inked a deal to acquire a majority controlling stake of a licensed commercial auto insurance broker and managing general underwriter (MGU).

Benzinga

Elon Musk Touts Tesla's Autonomous Driving Tech Despite Robotaxi Rollback, NHTSA Probe: 'Might Spread Faster Than Any Technology Ever'

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk reiterated the EV maker's autonomous driving credentials and its ability to scale the technology despite rolling back on a key Robotaxi promise of serving half the population of the U.S. by the end of the year.

Benzinga

Meet The New Chip Maker Aiming To Outrun TSMC And ASML

Silicon Valley heavyweights, including Peter Thiel’s Founders Fund, General Catalyst, and Valor Equity Partners, have poured over $100 million into San Francisco chip startup Substrate.

Benzinga

Stock Market Today: Dow Pare Gains, S&P 500 And Nasdaq Advance Ahead Of FOMC Decision—Alphabet, Microsoft, Meta In Focus (UPDATED)

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

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