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The Latest Breaking News from Nasdaq

Amazon CEO Andy Jassy Warns Of AI-Driven Workforce Reduction — AMZN 'Won't Keep Everyone,' Says Ex-VP Ethan Evans In Warning To Employees

Amazon.com Inc. (NASDAQ:AMZN) CEO Andy Jassy‘s recent announcement that artificial intelligence will shrink the company’s corporate workforce has prompted a stark warning from former Amazon Vice President Ethan Evans, who says employees must adapt or face elimination.

Benzinga

Why Worthington Steel Shares Are Trading Higher By Over 15%; Here Are 20 Stocks Moving Premarket

Shares of Worthington Steel, Inc. (NYSE:WS) rose sharply in today's pre-market trading as the company reported stronger-than-expected financial results for the fourth quarter.

Benzinga

Is Generac Holdings Stock Underperforming the Nasdaq?

Generac Holdings has notably underperformed the Nasdaq Composite over the past year, yet analysts remain cautiously optimistic about the stock’s prospects.

Barchart

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Gary Black Weighs In On Tesla Vs Waymo Debate, Says Investors Need To Stop Focusing On Efficacy

Future Fund LLC's managing director, Gary Black, thinks that investors should stop focusing on Tesla Inc.'s (NASDAQ:TSLA) Robotaxi's autonomous driving when compared to Alphabet Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo when it comes to valuation.

Benzinga

Is MarketAxess Holdings Stock Outperforming the Nasdaq?

Despite its recent underperformance, MarketAxess has outperformed the Nasdaq Composite over the past year, and analysts remain cautiously optimistic about the stock’s prospects.

Barchart

Billionaire David Tepper Dumps Nvidia, Slashes 'Magnificent 7' Holdings — But Bets Big On These 2 AI And Blockchain Plays

Billionaire David Tepper‘s hedge fund Appaloosa Management L.P. made significant changes to its portfolio in the first quarter of 2025 as it reduced its holding in the Jensen Huang-led tech giant Nvidia Corp.

Benzinga

Nvidia's Next 'Multitrillion Dollar' Opportunity? Jensen Huang Sees Great Potential Here: 'Stopped Thinking Of Ourselves As A Chip Company Long Ago'

Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang has revealed that the company’s next major growth opportunity lies in robotics, aside from artificial intelligence (AI).

Benzinga

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Microsoft CEO Satya Nadella Praises Palantir's FDE Model As 'Fantastic'—Insiders Say It's Not Consulting, It Builds 'The Product Customers Need'

Microsoft Corp. (NASDAQ:MSFT) CEO Satya Nadella called Palantir Technologies Inc.‘s (NASDAQ:PLTR) Forward Deployed Engineer model “fantastic” at a Y Combinator event, prompting industry debate about the data analytics company’s unique approach to product development.

Benzinga

OpenAI And Microsoft Reportedly At Odds Over Access To Artificial General Intelligence: 'Talks Are Ongoing And We Are Optimistic'

OpenAI and Microsoft Corporation (NASDAQ:MSFT) are reportedly in a dispute over a contractual clause regarding access to Artificial General Intelligence (AGI).

Benzinga

Microsoft Is 'Playing Chess, And Others Are Playing Checkers:' Dan Ives Says MSFT Could Be A $5 Trillion Company In 18 Months

Tech bull Daniel Ives has predicted that Microsoft Corp. (NASDAQ:MSFT) is on the path to becoming a $5 trillion company in the next 18 months after he raised the stock’s price target to $600 apiece.

Benzinga

WhatsApp Can Now Create AI-Powered Summaries For Your Messages: Here is How To Turn On The Latest Feature On The Meta Platform

Meta Platforms, Inc. (NASDAQ:META) has launched a new AI-powered feature for WhatsApp that summarizes unread messages.

Benzinga

Nasdaq Settles Higher As Nvidia, AMD Rally: Investor Sentiment Improves, Fear Index Remains In 'Greed' Zone

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Greed” zone on Wednesday.

Benzinga

Google Says Its 'Made It Easier' For Gemini To Interact With Your Device, But Some Are Now Worried About Their Privacy

Google, a subsidiary of Alphabet Inc. (NASDAQ:GOOGL), (NASDAQ:GOOG), informed Android users via email on Wednesday that its AI, Gemini, will be granted access to personal apps, regardless of user consent. The rollout has raised significant privacy concerns.

Benzinga

Micron's $200 Billion US Chip Investment Plan Gets Backing From Trump Admin As AI Demand Soars

Memory chipmaker Micron Technology Inc. (NASDAQ:MU) announced on Wednesday it will invest approximately $200 billion in U.S. manufacturing and research over the next 20-plus years, marking one of the largest domestic semiconductor investments in American history.

Benzinga

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TSLA's Robotaxi Could Disrupt Auto Industry, Says Piper Sandler, Contrasts Goldman's Cautious View: 'Tesla Will Likely Win'

Investment firm Piper Sandler says that Tesla Inc.'s (NASDAQ:TSLA) Robotaxi launch could disrupt the auto industry.

Benzinga

Mark Zuckerberg's Meta Beats Lawsuit Over AI Training On Books, Judge Finds 'No Meaningful Evidence On Market Dilution'

On Wednesday, Meta Platforms Inc. (NASDAQ:META) scored a legal victory as a federal judge ruled that the company’s use of copyrighted books to train its AI models is protected under the fair use doctrine.

Benzinga

Nvidia, Micron Technology, Super Micro Computer, BP And Tesla: Why These 5 Stocks Are On Investors' Radars Today

On Wednesday, major U.S. indices ended the day mixed, with the Nasdaq rising 0.3% to 19,973.55. The SP 500 closed unchanged at 6,092.16, while the Dow Jones Industrial Average declined 0.25% to 42,982.43.

Benzinga

Jeff Bezos' First Marriage Ended In A $38 Billion Divorce — Now, As The Amazon Founder Plans To Marry Lauren Sanchez, He's Reportedly Ring-Fencing His $233 Billion Fortune

Amazon.com, Inc. (NASDAQ:AMZN) founder Jeff Bezos is reportedly taking extra precautions with his $233 billion net worth ahead of his upcoming wedding to Lauren Sanchez, after his $38 billion divorce from MacKenzie Scott.

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Stocks Finish Mixed as Chip Stock Strength Pushes Nasdaq to a Record High

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed unchanged, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.21%. September E-mini S&P futures (ESU25 ) are down -0.01%, and September E-mini Nasdaq futures (NQU25...

Benzinga

Netflix (NFLX) Stock Hits A New All-Time High: What's Going On?

Netflix Inc (NASDAQ:NFLX) stock surged to a new all-time high on Wednesday. Here’s what investors need to know.

Benzinga

Bumble Defies Download Drop With Strong Outlook As Stock Soars

Bumble Inc. (NASDAQ:BMBL) shares traded higher Wednesday, and JPMorgan weighed in on the stock.

Benzinga

CoreWeave Stock Is Moving Lower Wednesday: What's Going On?

CoreWeave, Inc. (NASDAQ:CRWV) shares are trading lower on Wednesday. HC Wainwright Co. initiated coverage on the stock with a Neutral rating.

Benzinga

AeroVironment Shares Are Flying High Today: What's Going On?

AeroVironment Inc. (NASDAQ:AVAV) shares are trading higher Wednesday after the company posted better-than-expected fourth-quarter results and strong revenue growth, driven by demand in its defense technology segments.

Benzinga

Prime Time For Amazon? JPMorgan Says Your $139 Could Be Worth $1,430

Amazon.com Inc (NASDAQ:AMZN) stock may be dragging in 2025, but JPMorgan is doubling down on what it calls the company's "best idea": Prime.

Benzinga

Crude Oil Rises Sharply; Torrid Holdings Shares Plunge

U.S. stocks traded mixed midway through trading, with the Dow Jones index falling around 0.2% on Wednesday.

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