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The Latest Breaking News from Nasdaq

OpenAI Just Raised $8.3 Billion At This Valuation As ChatGPT Growth Soars

ChatGPT parent OpenAI has raised $8.3 billion in new capital at a $300 billion valuation as part of its ongoing $40 billion fundraising effort, according to a person familiar with the deal.

Benzinga

Amazon Stock Hit On AWS: Analysts Brush Off Growth Concerns, 'Buyers Of AMZN On Weakness'

Amazon.com Inc. (NASDAQ:AMZN) analysts raised their price targets on the stock and questioned why shares were falling Friday after reporting better-than-expected second-quarter results.

Benzinga

Reddit Stock Is Trading Higher Friday: What's Going On?

Reddit, Inc. (NASDAQ:RDDT) shares are trading higher Friday after the company reported better-than-expected second quarter financial results and issued third quarter sales guidance above estimates on Thursday after the market closed.

Benzinga

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"I Don't Think College Is An End All, Be All," Says Shark Tank's Daniel Lubetzky — $5 Billion Founder Tells Gen Z Where The Real Money Is Now

Daniel Lubetzky, the billionaire founder of KIND LLC and a judge on "Shark Tank," says young people should rethink the college-to-office pipeline as automation reshapes the job market.

Benzinga

Coinbase Stock Slides As Analysts Weigh In On Q2, Market Share Drop, Investment Strategy

Coinbase Global Inc (NASDAQ:COIN) shares were down on Friday after the company reported downbeat second-quarter earnings.

Benzinga

Amazon Stock Is Trading Lower Friday: What's Going On?

Amazon.com, Inc. (NASDAQ:AMZN) stock is trading lower Friday after the company reported second quarter financial results on Thursday after the market closed.

Benzinga

Michael Saylor Says Owning Up To 7% of Bitcoin Isn't 'Too Much' Since 'The Future Is Orange'

Strategy (NASDAQ:MSTR) executive chairman Michael Saylor has doubled down on the company’s Bitcoin's (CRYPTO: BTC) Bitcoin acquisition strategy.

Benzinga

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Tariffs and Economic Jitters Hammer Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down -1.60%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.77%. September E-mini S&P futures (ESU25 ) are down -1.67%, and September E-mini Nasdaq futures...

Barchart

'Shark Tank' Star Kevin O'Leary's Main Motivation Is Proving His Haters Wrong, Not Making Money

"Shark Tank" investor Kevin O'Leary has a simple secret for staying motivated: he loves proving people wrong. "I just love it when people tell me, ‘Oh, you can't do this, you can't do that,'" O'Leary recently told Fortune.

Benzinga

Nvidia, Broadcom, Marvell Lead Chip Stock Slide After Trump Hits China, Taiwan With New Tariffs

Artificial intelligence chip stocks including NVIDIA Corp. (NASDAQ:NVDA), Advanced Micro Devices Inc (NASDAQ:AMD), Broadcom Inc (NASDAQ:AVGO), Arm Holdings PLC-ADR (NASDAQ:ARM), Marvell Technology Inc (NASDAQ:MRVL), Micron Technology Inc (NASDAQ:MU), Lam Research Corp (NASDAQ:LRCX), Taiwan Semiconductor Manufacturing Co (NYSE:TSM), Super Micro Computer Inc (NASDAQ:SMCI) are trading lower on Friday as the Trump…

Benzinga

4D Molecular Therapeutics Rallies On Heels Of Diabetes-Related Vision Study

Shares of 4D Molecular Therapeutics (NASDAQ:FDMT) are currently up over 20.6% after the company released positive results from its Spectra trial.

Benzinga

Nasdaq Dips Over 2%; Apple Earnings Top Views

U.S. stocks traded lower this morning, with the Nasdaq Composite dipping more than 2% on Friday.

Benzinga

Stocks Slump on Tariffs and Weak US Job Growth

The S&P 500 Index ($SPX ) (SPY ) today is down -1.70%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.48%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.01%. September E-mini S&P futures (ESU25 ) are down -1.75%, and September E-mini Nasdaq futures...

Barchart

Kimberly-Clark Tops Q2 EPS Estimates, Stock Jumps Over 5%

Kimberly-Clark Corporation (NASDAQ:KMB) shares were trading higher in the premarket session on Friday as the company reported second-quarter adjusted earnings per share of $1.92, beating the analyst consensus estimate of $1.66.

Benzinga

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Benzinga

'10 Out Of 10 On The Smartness Scale': Wellington's Matt Witheiler Backs Cacioppo's $4.15B Vanta

In a stunning show of investor confidence, Vanta has just netted a $150M Series D that catapults its valuation to $4.15B, even though it didn't need the cash.

Benzinga

Anthropic CEO Slams Nvidia's Jensen Huang Claim As 'Outrageous Lie,' Says He's Not Trying To Control AI

Anthropic CEO Dario Amodei has vehemently denied allegations made by Nvidia (NASDAQ:NVDA) CEO Jensen Huang that he is attempting to dominate the AI industry.

MarketBeat

Tesla Teams With Samsung—Will Other Chipmakers Follow?

As Tesla chooses to partner with Samsung for its chip capabilities and application in autonomous driving, other names could come to be in play as well.

Benzinga

Amazon Post-Earnings Decline 'Totally Wrong,' Says Analyst As CEO Points Out AWS Has 'More Demand Than We Have Capacity'

Following its second-quarter earnings report, Amazon.com Inc.‘s (NASDAQ:AMZN) stock experienced a significant sell-off. However, a closer look at the details from the earnings call reveals that the primary reason for the slowdown in Amazon’s cloud business, Amazon Web Services (AWS), is not a lack of demand, but a severe capacity…

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Benzinga

Why Apple Shares Are Trading Higher; Here Are 20 Stocks Moving Premarket

Shares of Apple Inc. (NASDAQ:AAPL) rose in pre-market trading as the company posted stronger-than-expected third-quarter results.

Benzinga

Tesla's European Woes Worsen As Sales Decline In Denmark, Sweden And France For Seventh Consecutive Month

Tesla Inc.'s (NASDAQ:TSLA) sales fell for the seventh consecutive month in Denmark, Sweden and France as the EV giant’s woes show no signs of relief for Elon Musk.

Benzinga

Warren Buffett Once Called Mortgages A 'Terrific Deal' — Now Zillow Analyst Says Even 0% Rates Can't Make Homes Affordable In America

Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) and Zillow Group Inc. (NASDAQ:Z) have expressed concerns that mortgage rates are unlikely to decrease enough to make homes affordable for the average American.

Benzinga

Regeneron Pharmaceuticals Likely To Report Lower Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) will release earnings results for the second quarter, before the opening bell on Friday, Aug. 1.

Benzinga

GoPro Slides Nearly 5% In Premarket As Meme Stock Sugar Rush Fades

GoPro Inc. (NASDAQ:GPRO) shares dropped 6.98% in after-hours trading on Thursday, continuing a decline from recent meme stock highs as retail investor enthusiasm wanes.

Benzinga

Jim Cramer Calls Figma 'Too Expensive' At 50x Sales — Stock Surges 250% On Market Debut

Design platform Figma Inc. (NYSE:FIG) defied Jim Cramer’s warnings about its valuation, surging 250% to $115.50 on its market debut on Thursday after pricing its IPO at $33 per share on Wednesday evening.

Benzinga

Intel Exec Exodus As CEO Lip-Bu Tan Slashes Workforce, Delays Ohio Chip Plant In Major Shake-Up: Report

Intel Corp.'s (NASDAQ:INTC) new CEO, Lip-Bu Tan, is overhauling the chipmaker's manufacturing operations, cutting thousands of jobs, delaying projects and witnessing the retirement of key executives as part of a sweeping reset.

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