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The Latest Breaking News from Nasdaq

Microsoft Plans Major AI Chip Investments As Mustafa Suleyman Pushes 'Self-Sufficiency' Beyond OpenAI Partnership

Microsoft Corp. (NASDAQ:MSFT) is planning significant investments in proprietary artificial intelligence chip infrastructure to achieve “self-sufficiency in AI,” according to leaked comments from AI CEO Mustafa Suleyman during an internal town hall meeting on Thursday.

Benzinga

Microsoft, OpenAI Sign Non-Binding Deal To Reshape Partnership As ChatGPT Maker Pushes $500 Billion Valuation

On Thursday, Microsoft Corp. (NASDAQ:MSFT) and OpenAI signed a non-binding agreement to reset the terms of their high-profile partnership, a move that could clear the way for ChatGPT-parent's restructuring into a for-profit entity as it pursues a $500 billion valuation.

Benzinga

Uber Faces Federal Lawsuit Alleging Refusal Of Disabled Riders

The U.S. Department of Justice has sued Uber Technologies Inc. (NYSE:UBER) over alleged discrimination against disabled passengers on its platform.

Benzinga

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Microsoft Employees 'Smart Enough' Not To 'Break Into Buildings,' Says Brad Smith Amid Gaza Protest Firing, Azure Misuse Probe: Report

Microsoft Corp. (NASDAQ:MSFT) President Brad Smith justified employee terminations following Gaza-related office protests while announcing an external investigation into alleged Israeli military misuse of Azure cloud services for Palestinian surveillance.

Benzinga

Google's Waymo Gets An 'A' From Tesla Bull Ross Gerber, Bonus Point: 'Doesn't Smell Like An Uber'

Alphabet Inc.'s (NASDAQ:GOOGL) Waymo picked up unexpected praise from Tesla Inc. (NASDAQ:TSLA) bull Ross Gerber after a real-world Los Angeles ride, highlighting the self-driving unit's growing traction as it ramps up robotaxi testing and expansion across the U.S.

Benzinga

Elizabeth Warren Explodes Over News Of Paramount Skydance's Planned Bid For Warner Bros. Discovery: Links Trump To 'Dangerous Concentration Of Power'

On Thursday, U.S. Senator Elizabeth Warren (D-Mass.) denounced Paramount Skydance Corp.'s (NASDAQ:PSKY) reported plans to bid for Warner Bros. Discovery Inc. (NASDAQ:WBD). She warned that the potential media merger poses a threat to competition and could be linked to questionable approvals under President Donald Trump.

Benzinga

Gemini Upsizes IPO To Raise $425 Million, Winklevoss Twins-Founded Crypto Exchange Targets $3 Billion Valuation

Cryptocurrency exchange Gemini raised $425 million in an initial public offering, pricing its shares above the expected range, according to an announcement made late Thursday.

Benzinga

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Warner Bros Discovery Soars 9% After Hours: Here Is Why The Stock Is Trending

Warner Bros. Discovery Inc. (NASDAQ:WBD) stock is surging on Friday.

Benzinga

Opendoor, Super Micro, Adobe, Tesla And Rezolve AI: Why These 5 Stocks Are On Investors' Radars Today

All major U.S. stock indices, including the SP 500 and Nasdaq 100, soared to new heights on Thursday. Investors flocked to riskier assets, driven by expectations of imminent interest rate cuts. Despite concerning economic indicators like rising inflation and increased jobless claims, market participants anticipate the Federal Reserve will focus…

Benzinga

Rent The Runway Stock Crashes After Q2 Report: Details

Rent The Runway, Inc. (NASDAQ:RENT) stock plunged after the released its second-quarter results after Thursday's closing bell. Here's a look at the details in the report.

Benzinga

Robinhood Reports August Operating Figures

Robinhood Markets, Inc. (NASDAQ:HOOD) reported select August operating data after Thursday’s closing bell. Here’s a look at the monthly figures.

Benzinga

Stocks Climb to Record Highs on the Outlook for Fed Rate Cuts

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.85%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.60%. September E-mini S&P futures (ESU25 ) rose +0.81%, and September E-mini Nasdaq futures...

Barchart

Michael Saylor Mocks S&P 500 Returns After MicroStrategy Snub

MicroStrategy (NASDAQ:MSTR) Executive Chair Michael Saylor has taken a dig at the SP 500’s returns by comparing the index’s annualized return since 2020 to that of his firm.

Benzinga

Adobe Stock Climbs On Record Q3 Revenue And More

Adobe, Inc. (NASDAQ:ADBE) released its third-quarter results after Thursday's closing bell. Here's a look at the key figures from the quarter.

Benzinga

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Benzinga

Elon Musk Lost $48 Billion This Year—But He's Still As Rich As Mark Zuckerberg And Bill Gates Combined

It's been a busy and rough year for Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk. Working with the White House administration under President Donald Trump may be hurting the billionaire's wealth thanks to a declining Tesla share price, but he remains the world's richest person.

Fortune

Blockchain lender Figure soars 30% after Nasdaq debut, nears $6 billion valuation

The IPO is the latest public offering from a crypto company.

Benzinga

Buffett, Ackman, Ives Are Now ETF Brands—And It's Changing The Game

Traditionally, ETFs have been constructed around themes, sectors, and indexes. But a new trend is reshaping the way ETFs are marketed to investors: funds modeled after iconic money managers themselves.

Benzinga

Nasdaq Jumps Over 150 Points; Kroger Earnings Top Estimates

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 150 points on Thursday.

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Benzinga

Rezolve AI Stock Soars On The Promise Of A $30 Trillion Market

Rezolve Ai (NASDAQ:RZLV) stock surged after the company launched a new Visual Search tool and highlighted what it called a significant valuation gap compared with peers in the artificial intelligence sector.

Benzinga

Interactive Strength (TRNR) Stock Is Surging Thursday: What's Going On?

Shares of Interactive Strength Inc (NASDAQ:TRNR) are trading higher Thursday after the company released an updated investor FAQ, providing clarity on its financial outlook and growth strategy.

Benzinga

What's Going On With Blink Charging Stock Today?

Blink Charging Co. (NASDAQ:BLNK) shares traded higher Thursday after the electric vehicle charging provider announced it had regained compliance with Nasdaq’s minimum bid price rule.

Benzinga

Opendoor Returns To 'FounderMode'—Stock Soars

Opendoor Technologies, Inc. (NASDAQ:OPEN) shares soared Thursday morning as investors celebrated a new CEO and return of the company's co-founders to its board of directors.

Barchart

Stocks Rally and Bond Yields Fall on Fed Rate Cut Hopes

The S&P 500 Index ($SPX ) (SPY ) today is up +0.66%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +1.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.47%. September E-mini S&P futures (ESU25 ) are up +0.64%, and September E-mini Nasdaq futures...

Barchart

Stocks Climb as US Labor Market Weakness Bolsters Fed Rate Cut Expectations

The S&P 500 Index ($SPX ) (SPY ) today is up +0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.17%. September E-mini S&P futures (ESU25 ) are up +0.30%, and September E-mini Nasdaq futures...

Benzinga

Why Oxford Industries Shares Are Trading Higher By Around 15%; Here Are 20 Stocks Moving Premarket

Shares of Oxford Industries, Inc. (NYSE:OXM) rose sharply in pre-market trading after the company reported better-than-expected second-quarter earnings results and raised its FY25 EPS guidance above estimates.

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