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The Latest Breaking News from Nasdaq

Consumer Tech News (September 1 – September 5): Apple AI Push, Palantir Expands Partnerships, Tesla Robotaxi Surge, NVIDIA's $1.5B Chip Deal

The U.S. labor market slowed sharply this summer, with August payrolls adding just 22,000 jobs after July's 79,000 and a downward June revision showing a 13,000 loss.

Benzinga

Microsoft Warns Azure Users Of Latency From Red Sea Cable Damage

Microsoft Corp. (NASDAQ:MSFT) warned on Saturday that Azure cloud users may experience higher latency following multiple undersea fiber cable cuts in the Red Sea region, forcing the tech giant to reroute network traffic through alternate pathways.

Benzinga

As Elon Musk's Pay Package Surges To $1 Trillion, Investor Urges Tesla To Adopt Political Neutrality: 'Elon Musk Is A Technical Genius'

A Tesla Inc. (NASDAQ:TSLA) investor is calling for the company to adopt a stance of political neutrality after the EV giant proposed a $1 trillion pay package for its co-founder and CEO, Elon Musk.

Benzinga

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Elon Musk Announces Tesla AI5 Chip Design Review Success Amid Global Semiconductor Competition

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk announced completion of a “great design review” for the company’s AI5 chip via a post on X, signaling Tesla’s push into custom semiconductors as global chip competition intensifies.

Benzinga

Institutional Buying Sets a High Floor for Microsoft Stock

Microsoft (NASDAQ: MSFT) is up 20% in 2025, supported by 71% institutional ownership, strong cash flow, AI leadership, and recurring revenue streams.

MarketBeat

Robinhood Enters S&P 500, Marking Retail Trading's Shift To Wall Street Core

SP Dow Jones Indices announced a sweeping update to its benchmarks late Friday, unveiling new additions to the SP 100, SP 500, SP MidCap 400, and SP SmallCap 600.

Benzinga

Mark Zuckerberg Used Jiu-Jitsu Lessons To Reinvent Himself — From Being Criticized As Robotic To Emerging As A Silicon Valley Power Player

Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg said on Jun. 8, 2023, that his lessons from Jiu-Jitsu, including the willingness to embrace embarrassment, helped him grow as a leader and reshape both his image and his company's direction.

Benzinga

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MarketBeat Week in Review – 09/01 - 09/05

Stocks rallied to end the week as a weaker-than-expected August jobs report all but cemented an interest rate cut later this month

MarketBeat

Apple Plans Siri AI Upgrade To Outpace Perplexity As Wall Street Pushes $30 Billion Buyout: Report

Apple Inc. (NASDAQ:AAPL) is reportedly developing its own artificial intelligence-powered web search tool, internally dubbed “World Knowledge Answers,” for integration into Siri by 2026.

Benzinga

Nvidia's Jensen Huang Mentored SoundHound AI Founder For A Decade, Helping Turn A Dorm-Room Idea Into $5.4 Billion Voice Tech Powerhouse

Nvidia Corporation (NASDAQ:NVDA) CEO Jensen Huang's decade-long mentorship of SoundHound AI Inc. (NASDAQ:SOUN) founder Keyvan Mohajer helped transform a Stanford University dorm project into a multibillion-dollar artificial intelligence voice technology company.

Benzinga

Apple Faces Class-Action Lawsuit Over Reported Use Of Copyrighted Books To Train AI

Apple Inc. (NASDAQ:AAPL) was hit with a class-action lawsuit on Friday alleging the tech giant illegally used copyrighted books without permission to train its artificial intelligence systems.

Benzinga

Trump's Nvidia Export Deal Collides With AI GAIN Act — Chipmaker Warns New Bill Could Cripple Global Competition

NVIDIA Corp. (NASDAQ:NVDA) warned on Friday that proposed Congressional legislation could undermine its global competitiveness, creating tension with President Donald Trump‘s recent export deal allowing chip sales to China.

Benzinga

Jeff Bezos-Backed Anthropic To Pay $1.5 Billion In AI Copyright Settlement With Authors After $13 Billion Funding Round

Jeff Bezos‘ Amazon.com Inc. (NASDAQ:AMZN) and Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL)-backed Anthropic agreed to pay $1.5 billion to settle a class-action lawsuit from authors who accused the artificial intelligence company of using their books without permission to train its Claude chatbot.

Benzinga

Stocks Fade on Economic Concerns after Weak US Unemployment Report

The S&P 500 Index ($SPX ) (SPY ) on Friday fell -0.32%, the Dow Jones Industrials Index ($DOWI ) (DIA ) fell -0.48%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) rose +0.08%. September E-mini S&P futures (ESU25 ) fell -0.35%, and September E-mini Nasdaq futures (NQU25 ) rose...

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Benzinga

Powerball Hits $1.8 Billion: 10 Things To Buy With Winnings, Including Cryptocurrency, Stocks, Gold And Tesla Vehicles

The Powerball drawing set for Saturday Sept. 6 continues to grow and is approaching records, currently set at $1.8 billion.

Benzinga

Big Tech Titans Including Nvidia, Google And Bill Gates Back $863 Million Bet On Nuclear Fusion As Next Energy Revolution

The future of energy just got a massive boost from Silicon Valley’s biggest players. Nuclear fusion company Commonwealth Fusion Systems announced on Aug. 28 that it secured $863 million in Series B2 funding, with AI giant Nvidia (NASDAQ:NVDA) joining as a first-time investor.

Benzinga

Twilio Positioned For High Margin Growth Fueled By AI Partnerships And Cross Selling: Analyst

Twilio Inc. (NYSE:TWLO) is drawing fresh attention on Wall Street as analysts highlight its transformation from a cloud communications provider into a full-stack Customer Experience as a Service (CXaaS) platform.

Benzinga

Regenxbio Unveils 12-Month Data For Gene Therapy Soon After FDA Delays Review Date

On Friday, REGENXBIO Inc. (NASDAQ:RGNX) shared new data from the Phase 1/2/3 CAMPSIITE trial of clemidsogene lanparvovec (RGX-121) for the treatment of patients with Mucopolysaccharidosis Type II (MPS II), also known as Hunter syndrome, at the International Congress of Inborn Errors of Metabolism (ICIEM) 2025.

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Barchart

Stocks Turn Lower on Economic Concerns after Weak US Unemployment Report

The S&P 500 Index ($SPX ) (SPY ) today is down -0.56%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.25%. September E-mini S&P futures (ESU25 ) are down -0.49%, and September E-mini Nasdaq futures...

Benzinga

Nvidia's Empire Just Took A Hit - Broadcom's $10 Billion Deal Is The Plot Twist

For years, Nvidia Corp (NASDAQ:NVDA) has been the undisputed king of AI hardware, but OpenAI just threw a curveball. The ChatGPT maker has inked a $10 billion deal with Broadcom Inc (NASDAQ:AVGO) to co-design and mass-produce its own AI chips by 2026, signaling a seismic shift away from Nvidia's grip…

Benzinga

What Is Going On With Netflix Stock On Friday?

Netflix Inc (NASDAQ:NFLX) stock trended on Friday, with distribution and licensing partner Sony Group (NYSE:SONY) Sony Pictures expressing solidarity with the streaming giant.

Benzinga

Lululemon Stock Tumbles 17% As Tariffs Squeeze Margins

Lululemon Athletica, Inc. (NASDAQ:LULU) stock dropped Friday morning after the athleisure giant released a revised forecast alongside its second-quarter earnings, revealing that its annual profit and revenue expectations fell well below Wall Street estimates.

Benzinga

Rocket, Mr. Cooper Stocks Rally After Merger Approval, Rate Cut Hopes Lift Market Mood

Mr. Cooper Group Inc. (NASDAQ:COOP) said Friday its stockholders approved the company's $9.4 billion all-stock merger with Rocket Companies Inc. (NYSE:RKT), sending both stocks higher. Rocket shares also gained after softer-than-expected U.S. jobs data drove yields lower and lifted hopes for a rate cut.

Benzinga

What Is Going On With Taiwan Semicoductor On Friday?

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) stock trended on Friday after client Broadcom (NASDAQ:AVGO) revealed its quarterly results on Thursday.

Barchart

Stocks Higher as Weak US Unemployment Report Bolsters Case for Multiple Fed Rate Cuts

The S&P 500 Index ($SPX ) (SPY ) today is up +0.83%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.93%. September E-mini S&P futures (ESU25 ) are up +0.38%, and September E-mini Nasdaq futures...

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