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The Latest Breaking News from Nasdaq

VCI Global Limited (NASDAQ:VCIG) shares surged Tuesday after the company unveiled a joint venture with a major digital asset holder to launch a sovereign-grade infrastructure project backed by 18,000 Bitcoin, valued at over $2.16 billion at current market prices.

Benzinga

Stocks Pressured by Weakness in Tech

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.31%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -1.03%. September E-mini S&P futures (ESU25 ) are down -0.34%, and September...

Barchart

Enphase Energy Secures $50 Million In New Revenue From Solar Financing Partnership

Enphase Energy Inc. (NASDAQ:ENPH) signed a new safe harbor agreement with a solar and battery financing company in early August, expected to bring in about $50 million in revenue. The deal strengthens Enphase's role in the third-party ownership (TPO) segment, which includes leases and power purchase agreements for homeowners.

Benzinga

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KindlyMD Expands Bitcoin Treasury With $679 Million Acquisition

KindlyMD Inc. (NASDAQ:NAKA) announced it has acquired 5,744 Bitcoin (CRYPTO: BTC) through its subsidiary Nakamoto Holdings, raising its total treasury to 5,765 BTC.

Benzinga

Black Hills, NorthWestern Energy To Merge, Strengthening Regional Utility Footprint

Black Hills Corp. (NYSE:BKH) and NorthWestern Energy Group Inc. (NASDAQ:NWE) unveiled plans on Tuesday to merge in an all-stock, tax-free transaction. The merger would create a regulated utility giant with a market capitalization of roughly $7.8 billion and an enterprise value of $15.4 billion.

Benzinga

Stocks Slightly Lower as Retailer Earnings Arrive

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.52%. September E-mini S&P futures (ESU25 ) are down -0.13%, and September...

Barchart

Qualcomm Just Passed 1 Major Test, But Can It Pass the Next?

Qualcomm defended the $145 level aggressively, proving bears wrong. But the next test will be more aggressive, and it's waiting for them at $165.

MarketBeat

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Nio Cuts Prices, Expands Global Reach In Strategic Push Against Tesla

Nio Inc. (NYSE:NIO) shares ticked higher in premarket trading Tuesday as the Chinese electric vehicle maker announced price cuts across its long-range lineup following Tesla Inc. (NASDAQ:TSLA) ‘s launch of a new six-seat Model Y L SUV.

Benzinga

At $412 Billion, Palantir Is Valued Like It Invented Time Travel

Palantir Technologies Inc (NASDAQ:PLTR) is soaring like it's invented the next tech miracle — yet the fundamentals tell a very different story. With $412 billion in market cap but only $1.7 billion in free cash flow, even Apple Inc (NASDAQ:AAPL) suddenly looks like a bargain.

Benzinga

Nvidia's Upcoming Earnings Report Puts Direxion's NVDA-Focused Bull And Bear Funds In The Limelight

While semiconductor giant Nvidia Corp. (NASDAQ:NVDA) has easily ranked among the elite players in artificial intelligence, the company's upcoming second-quarter earnings report — scheduled for release on Aug. 27 after the closing bell — may arguably be its most consequential so far. As usual, expectations are sky-high thanks to Nvidia's…

Benzinga

If You Own These 5 Tech Stocks, Watch Out — Their Momentum Is Fading Fast

A few notable software application companies are showing signs of slowing momentum. These firms have experienced a significant drop in their momentum percentile scores over the past week, signaling a potential cooling of investor enthusiasm.

Benzinga

Amphenol, Uber, Alphabet And More On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Joe Terranova, senior managing director for Virtus Investment Partners, named Amphenol Corporation (NYSE:APH) as his final trade.

Benzinga

3 Subscription Stocks Built to Withstand Market Volatility

These three businesses could withstand any potential volatility that may come in the broader market, due to their underlying business models.

MarketBeat

Nvidia Prepares New China-Specific AI Chip To Defend Market Share

Nvidia (NASDAQ:NVDA) is pressing ahead with a China strategy that balances U.S. export restrictions with the need to defend market share in one of its most important regions.

Benzinga

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Benzinga

Tesla Records 14K New Insured Registrations In China From August 11 To 17 — 60% Surge Over Last Quarter

Tesla Inc. (NASDAQ:TSLA) sales in China experienced a 4.5% surge for the week of August 11 to 17, as the automaker struggles with declining sales globally.

Benzinga

Warren Buffett Trims $4 Billion Apple Stake Despite Calling Tim Cook His Best Partner, Builds Record $344 Billion Cash Pile Instead

Warren Buffett is dialing back his favorite investment, selling a chunk of Apple Inc. (NASDAQ:AAPL) stock while praising CEO Tim Cook and amassing the largest cash hoard in Berkshire Hathaway's history.

Benzinga

TeraWulf Stock Falls 1% Pre-Market Despite Convertible Notes Offering, Google Partnership Expansion

TeraWulf Inc. (NASDAQ:WULF) edged down 0.96% to $9.29 in pre-market trading on Tuesday.

Fortune

IPOs are back. Where are the women?

An analysis of IPO-related filings from the first two weeks of August show an alarming lack of gender diversity.

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Benzinga

Nvidia's Reign At Risk? Dylan Patel Says Google's TPU, Amazon's Trainium Could Outshine GPUs If Sold To Public

Nvidia Corp. (NASDAQ:NVDA) faces pressure from custom silicon competitors as tech giants scale up alternative artificial intelligence chip production, according to SemiAnalysis founder Dylan Patel.

Benzinga

Tesla Insiders Have Unloaded More Than 50% Equity In Elon Musk's EV Giant Over The Last Year: Report

Tesla Inc. (NASDAQ:TSLA) insiders, including members of the board of directors, have reportedly sold more than 50% equity in the company.

Benzinga

Arm Taps Amazon AI Veteran To Drive In-House Chip Push, Challenge Nvidia And AMD: Report

In a strategic move, Arm Holdings (NASDAQ:ARM) has recruited Rami Sinno, a former Amazon.com Inc (NASDAQ:AMZN) artificial intelligence (AI) chip director, to enhance its in-house chip development plans.

Benzinga

Alphabet's Waymo Tests New Robotaxi With 6th-Gen Autonomous Hardware As Self-Driving Race Heats Up

Alphabet Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) autonomous ride-hailing company Waymo has begun testing its new Robotaxi with sixth-generation self-driving hardware.

Benzinga

Graphjet Technology Stock Pops 36% In After-Hours: Here's Whats Going On

Graphjet Technology Inc. (NASDAQ:GTI) experienced a 36.61% after-hours surge on Monday, with shares climbing to $0.13 from a closing price of $0.092. According to Benzinga Pro data, before soaring in extended trading session, GTI dipped 0.76% during regular session.

Benzinga

Deepwater's Doug Clinton Says Apple, Amazon's AI Stories Are Weak: From Nvidia To Meta, Here's What His AI Models Are A Fan Of

Doug Clinton, CEO of Intelligent Alpha and Co-founder of Deepwater Asset Management, believes Apple Inc. (NASDAQ:AAPL) and Amazon.com Inc. (NASDAQ:AMZN) are lagging in the artificial intelligence race compared to their tech giant peers.

Benzinga

Tesla's 208 Megapacks Power xAI's Colossus 1 Supercomputer—Musk's AI Giant To Invest Over $40 Billion To Train Grok

Over 208 Tesla Inc. (NASDAQ:TSLA) Megapacks Power Elon Musk's artificial intelligence company, xAI's Memphis Colossus 1 Supercomputer site, which supports the company’s artificial intelligence model Grok amid a $40 billion investment.

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