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The Latest Breaking News from Nasdaq

Apple Escapes Major Payout As US Judge Overturns Longstanding App Store Lawsuit

A class action lawsuit that alleged Apple Inc.‘s (NASDAQ:AAPL) monopoly over the iPhone app market involving millions of customers has been decertified by a U.S. federal judge.

Benzinga

McDonald's Rival Wendy's Hits Bottom Bun — Quality Fizzles Despite Juicy Dividend

McDonald’s Corp. (NYSE:MCD) rival Wendy's Co. (NASDAQ:WEN) is facing an acute slide in its operational health, as reflected by a major drop in its quality ranking, even while it continues to offer one of the industry's highest dividend yields at 6.21%.

Benzinga

Jim Cramer: This Stock's 'Hot As A Pistol,' Sell Super Micro Computer

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended selling TeraWulf Inc. (NASDAQ:WULF) and Super Micro Computer, Inc. (NASDAQ:SMCI).

Benzinga

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Intel Boss Vows To Fix Years Of Bureaucracy And Mismanagement

Intel Corp (NASDAQ:INTC) CEO Lip-Bu Tan said he is working to refocus the company on engineering excellence after years of complacency and mismanagement weakened its leadership in the semiconductor industry.

Benzinga

Waymo CEO Takes Swipe At Tesla As Elon Musk Predicts Robotaxis Will Go Driverless By End Of 2025: '...Not Doing What's Necessary'

Alphabet Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) autonomous cab service Waymo CEO Tekedra Mawakana took a swipe at Tesla Inc. (NASDAQ:TSLA) and its autonomous driving pursuits as the Robotaxi race heats up in the U.S.

Benzinga

Musk's $1 Trillion Pay Package Faces 'Near Zero Chance' Of Rejection, Says Gary Black — Investors Should Approve Or 'Lose The Vision,' Says Tom Nash

Gary Black, managing partner at The Future Fund, believes Tesla Inc. (NASDAQ:TSLA) shareholders are overwhelmingly likely to approve CEO Elon Musk's proposed, nearly $1 trillion pay package at the upcoming November 6 meeting.

Benzinga

NextEra Energy Climbs 4% In Tuesday Pre-Market: What's Going On?

NextEra Energy (NYSE:NEE) stock climbed 3.95% before the bell on Tuesday, after the company teamed up with Alphabet‘s Google (NASDAQ:GOOGL) (NASDAQ:GOOG) to resurrect an Iowa-based nuclear power plant that was decommissioned five years ago.

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Elon Musk's Politics Cost Tesla Over 1 Million In Car Sales In US, Boosted Rivals' Sales By 22%: Study

A working study by a group of researchers claims that Elon Musk's politics cost Tesla Inc. (NASDAQ:TSLA) over 1 million sales in the U.S.

Benzinga

Nvidia Supplier Foxconn Goes All-In On AI With $1.37 Billion Supercomputing Investment

Nvidia (NASDAQ:NVDA) supplier Foxconn Technology Group, also known as Hon Hai Precision Industry Co., Ltd (OTC:HNHAF), has announced a significant investment in artificial intelligence (AI) and supercomputing infrastructure.

Benzinga

Nvidia, Alphabet, Meta, Microsoft Are 'Big Winners' With Rising Earnings Revisions, Says Gary Black Ahead Of Earnings

As the tech world braces for a flurry of earnings reports from the Magnificent 7 companies this week, market expert Gary Black has identified Nvidia Corp., Alphabet Inc., Meta Platforms Inc., and Microsoft Corp. as the clear “big winners” based on rising year-to-date earnings revisions.

Benzinga

Give Elon Musk $1 Trillion Pay Package Or Lose Him, Tesla Chair Warns Shareholders

Tesla Inc. (NASDAQ:TSLA) Chair Robyn Denholm has cautioned that CEO Elon Musk might step down if the board rejects his proposed $1 trillion pay package.

Benzinga

iRobot Shares Fall 36% On Monday — What's Going On?

Shares of iRobot Corp. (NASDAQ:IRBT) lost over a third of their value on Monday, after the Roomba maker said the last remaining potential buyer had dropped out of sale negotiations, and its financial conditions remained strained.

Benzinga

Tesla Roadster Production May Be Imminent As Company Posts New Job Listing

The Tesla Inc. (NASDAQ:TSLA) Roadster has always been a bit of an enigma in the auto industry ever since it was unveiled in 2017, but this new job listing by Elon Musk's EV giant suggests the Roadster could finally be on its way.

Benzinga

Tesla Bull Adam Jonas Says Elon Musk's EV Giant Has 'Solved' Autonomous Driving, Predicts $1.2 Billion Annual FSD Revenue

Morgan Stanley analyst and Tesla Inc. (NASDAQ:TSLA) bull Adam Jonas says that Elon Musk's EV giant has solved autonomous driving.

Benzinga

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Melania Trump Distances Herself From $300 Million White House Ballroom Plan, Privately Opposed Demolition Of Historic East Wing: Report

First Lady Melania Trump privately opposed the demolition of the White House's East Wing to make way for a $300 million ballroom championed by President Donald Trump.

Benzinga

Elon Musk's Trillion-Dollar Pay Plan Receives Support From Florida Fund Holding $1 Billion In Tesla Stock

The State Board of Administration (SBA) of the Florida Retirement System (FRS) has backed Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk's new compensation award. The agency is responsible for managing and investing on behalf of the FRS Trust Fund and owns over $1 billion in Tesla shares. It also manages over…

Benzinga

Qualcomm's Entry Into The AI Race Splits Analysts: 'Still Early,' But The Stock's Rally Is A Potential 'Fade,' Says BoFA

Leading analysts are divided over Qualcomm Inc.‘s (NASDAQ:QCOM) entry into the AI chip market, aimed at challenging NVIDIA Corp.‘s (NASDAQ:NVDA) dominance in this multi-billion-dollar segment.

Benzinga

Amazon, SoFi, Hyperscale Data, Celestica And Qualcomm: Why These 5 Stocks Are On Investors' Radars Today

Major U.S. indexes closed higher, with the Dow Jones Industrial Average rising 0.7% to 47,544.59, the SP 500 climbing 1.23% to 6,875.16, and the Nasdaq advancing nearly 1.9% to 23,637.45.

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Paramount Vs. Comcast: Sheridan Walks — What Happens To 'Yellowstone' Now?

A merger to form Paramount Skydance (NASDAQ:PSKY) has led to the company making difficult decisions on content, layoffs and a potential follow-up merger. The company will lose one of its top creators in the coming years, which could hurt its broadcast television and streaming content.

Benzinga

Cadence Design Reports Q3 Earnings, Lowers FY25 EPS Guidance

Cadence Design Systems, Inc. (NASDAQ:CDNS) released its third-quarter earnings report after Monday's closing bell.

Benzinga

Meta Platforms Q3 Preview: Facebook Parent Has 10 Straight Double Beats, Is Number 11 On The Way?

Technology and social media company Meta Platforms (NASDAQ:META) could provide updates on spending, growth, and AI products when it reports third-quarter financial results on Wednesday after market close.

Benzinga

US Taps AMD For Supercomputers That Could Change Energy And Medicine Forever

The U.S. government has entered into a $1 billion partnership with Advanced Micro Devices, Inc. (NASDAQ:AMD) to develop two next-generation supercomputers, a move aimed at cementing America’s technological leadership in high-performance computing.

Benzinga

Alphabet Stock Is Hitting Fresh Highs: What's Driving The Momentum?

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) shares are trading higher on Monday after multiple analysts raised price targets on the stock.

Benzinga

Meta Deepens Clean Energy Pact With ENGIE

Meta Platforms, Inc. (NASDAQ:META) shares climbed Monday after the company deepened its clean energy push.

Benzinga

Gold Falls 3%; Carter's Shares Gain After Q3 Earnings

U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 200 points on Monday.

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