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The Latest Breaking News from Nasdaq

After Trump Warns Elon Musk To 'Close Up Shop,' China Rallies Behind World's Richest Man: 'There's No Need To Keep Putting Up With It'

Tesla Inc. CEO (NASDAQ:TSLA) and the world's richest man, Elon Musk, have found an unusual source of support in the form of Chinese social media users amid the billionaire's ongoing feud with U.S. President Donald Trump over the latter's ‘One Big, Beautiful Bill.'

Benzinga

Vinod Khosla Recalls Betting On OpenAI After Elon Musk Backed Off Funding: Google Was Moving Very 'Slow,' Baidu Was Stealing Talent

Venture capitalist Vinod Khosla revealed how Elon Musk‘s funding withdrawal from OpenAI created the investment opportunity that led to his conviction bet on the artificial intelligence startup, according to his recent appearance on the Uncapped podcast with Jack Altman.

Benzinga

US Stocks Likely To Open Higher: S&P 500 Sees 'Average Gain Of 6.1%' In 2nd Half, Expert Says

U.S. futures rose on Wednesday after a mixed close on Tuesday. Futures of major benchmark indices were trading slightly higher.

Benzinga

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Bill Gates Once Had A 'Gaping Hole' In His Dashboard: Sequoia's Michael Moritz Recalls Being Chauffeured By A Future Billionaire Obsessed With A 7-Minute Commute While Building Microsoft

Venture capitalist Michael Moritz of Sequoia Capital revealed an extraordinary anecdote about Microsoft Corp. (NASDAQ:MSFT) co-founder Bill Gates that perfectly captures the obsessive focus that drove one of America’s most successful tech entrepreneurs to billionaire status.

Benzinga

Tom Lee Says Tesla's Magic Isn't About Government Subsidies: 'It's A Granny Shot' Powered By Elon Musk, AI And Massive Data

Fundstrat‘s Tom Lee stated that Tesla Inc.‘s (NASDAQ:TSLA) success is not due to government subsidies, but rather a combination of factors including engineering talent, manufacturing expertise and leadership.

Benzinga

Elon Musk Will Oversee Tesla Sales In The US, Europe After Omead Afshar's Exit: Report

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk will personally oversee the EV giant's sales in Europe as well as the U.S. after close aide Omead Afshar's exit from the company.

Benzinga

Figma Targets Wall Street Debut After $20 Billion Adobe Deal Collapse

Figma Inc. has filed for an initial public offering, aiming to list its Class A common stock on the New York Stock Exchange under the symbol “FIG,” marking a significant step for the San Francisco-based design platform.

Benzinga

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Intel CEO Lip-Bu Tan Weighs Ending Marketing Of Expensive Chip Manufacturing As Losses Mount And Rival TSMC Surges Ahead: Report

Intel Corp. (NASDAQ:INTC) CEO Lip-Bu Tan is reportedly evaluating whether to stop marketing the company's costly 18A chipmaking process to outside customers, a move that could signal a major strategic pivot amid mounting financial losses and fierce competition from Taiwan Semiconductor Manufacturing Company (NYSE:TSM)

Benzinga

Gary Black Says Tesla's Q2 Deliveries Could Be A 'Buy The News' Event: 'I Believe TSLA Will Miss'

Investor Gary Black, the managing director of Future Fund LLC, says that Tesla Inc.'s (NASDAQ:TSLA) Q2 deliveries could miss estimates amid the company's Robotaxi plans in Austin.

Benzinga

Jeff Bezos Sells $737 Million Worth Of Amazon Stock Just Days After Lavish Venetian Wedding

Amazon.com Inc. (NASDAQ:AMZN) founder and executive chairman, Jeff Bezos, has offloaded another significant chunk of the company’s shares, worth $737 million, over three transactions, late last week and early this week.

Benzinga

Apple Sues Ex-Engineer Over Alleged Theft Of Vision Pro Secrets As Snap Prepares AR Glasses Launch

Apple, Inc. (NASDAQ:AAPL) filed a lawsuit in California last week, accusing former senior design engineer Di Liu of stealing confidential company information before leaving to work at Snap Inc. (NYSE:SNAP).

Benzinga

Squid Game Final Season Falls Shy Of Record: Here's How Many Watched Season 3

A third and final season of "Squid Game" has been out for less than a week and is already among the most-watched premieres in Netflix Inc (NASDAQ:NFLX) history.

Benzinga

Circle's Bank Bid Could Be The Biggest Crypto Story Of The Year

Circle Internet Group Holdings, Inc. (NASDAQ:CRCL) shares are moving higher Tuesday after the company applied for a national bank charter in a move that could have significant upside for the stock.

Benzinga

Stocks Settled Mixed as Higher Bond Yields Weigh on Sentiment

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.91%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.89%. September E-mini S&P futures (ESU25 ) are down -0.12%, and September E-mini Nasdaq futures...

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Benzinga

ClearOne (CLRO) Stock Is Soaring Tuesday: Here's Why

ClearOne (NASDAQ:CLRO) shares are trading higher. The company announced it will issue a one-time special stock dividend later this month.

Benzinga

Options Corner: Micron Traders Are Dealt A Statistical Hand Worth Playing

Last week, semiconductor giant Micron Technology Inc (NASDAQ:MU) released its financial results for the third quarter of fiscal 2025, to bullish investors' delight. Revenue landed at $9.3 billion, easily beating the consensus estimate of $8.87 billion. Further, the company smoked Wall Street's estimate for earnings per share of $1.60 by…

Benzinga

Nasdaq Dips 150 Points; US ISM Manufacturing PMI Rises In June

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling over 150 points on Tuesday.

Benzinga

Microsoft, Rivian, Intel Slash Jobs In June Tech Layoff Spree

The month of June saw a fresh wave of layoffs across the technology sector, with companies both large and small making significant workforce reductions as they adapt to shifting market demands and the growing influence of artificial intelligence.

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Stocks Pressured as Bond Yields Climb on Strong US Economic News

The S&P 500 Index ($SPX ) (SPY ) today is down -0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.51%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.80%. September E-mini S&P futures (ESU25 ) are down -0.28%, and September E-mini Nasdaq futures...

Benzinga

Nvidia Vs. Microsoft Vs. Apple: Which Stock Reaches $4 Trillion First?

Apple Inc (NASDAQ:AAPL) became the first public company to pass the $1 trillion and $3 trillion market capitalization milestones.

Benzinga

Meta's Superintelligence Lab Wants To Outthink The World—And Scale AI DNA Is All Over It

Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg has made a decisive move to reshape the company's entire AI strategy by consolidating all artificial intelligence efforts under a newly formed division called Meta Superintelligence Labs.

Barchart

What Did US Stock Indexes Tell Us at the End of Q2?

The end of June saw two of the three major US stock indexes post new all-time highs, yet one might still be considered bearish from a technical point of view.

Barchart

Stocks See Pressure as Reconciliation Bill Inches through Congress

The S&P 500 Index ($SPX ) (SPY ) today is down -0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.38%. September E-mini S&P futures (ESU25 ) are down -0.24%, and September E-mini Nasdaq futures...

Benzinga

US Stocks Mixed; Dow Gains Over 50 Points

U.S. stocks traded mixed this morning, with the Dow Jones index gaining over 50 points on Tuesday.

Benzinga

Apple Stock Had A Nightmare Year — But It May Be Nearing A Turning Point

Apple Inc. (NASDAQ:AAPL) has had a bruising start to 2025, with its stock down about 18% year-to-date and underperforming the broader stock market by 22%—its worst half-year stretch since 2013.

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