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The Latest Breaking News from Nasdaq

Elon Musk Says Tesla Will Expand Robotaxi Services To San Francisco Bay Area 'In A Month Or Two'

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has said that the EV giant will expand its Robotaxi service to the San Francisco Bay Area.

Benzinga

Tesla Is 'Basically Hijacked' By Elon Musk, Says Ross Gerber, Calling It 'Completely Ridiculous:' America Party Is The 'Worst News For TSLA'

Gerber Kawasaki's co-founder, Ross Gerber, has slammed Elon Musk's political ambitions amid the new "America Party" row, as well as the EV giant Tesla Inc. (NASDAQ:TSLA).

Benzinga

Bill Ackman Cheers Money Market Funds Hitting Record $7.4 Trillion As Jerome Powell Snubs Trump's Rate Cut Demands

Billionaire Bill Ackman said that he was “bullish” as the money market funds hit a record, hinting that any rate cuts could direct these monies into the equity markets.

Benzinga

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Amazon May Pour Billions More Into Anthropic As $13.8 Billion AI Bet Grows: Report

Amazon.com Inc. (NASDAQ:AMZN) is considering an additional multibillion-dollar investment in Anthropic to deepen its strategic artificial intelligence partnership.

Benzinga

Apple's Data Center Chief Joins OpenAI As Sam Altman, Jony Ive Team Up In $6.4 Billion 'io' Deal

OpenAI Inc. has recruited Apple Inc.‘s (NASDAQ:AAPL) director of data center engineering as the artificial intelligence company bolsters its physical infrastructure capabilities amid a $6.4 billion acquisition of designer Jony Ive’s hardware startup.

Benzinga

As Trump Calls For 3-Percentage Point Rate Cut, 'Too Late' Jerome Powell To Resign, June Fed Minutes Show 'Uncertainty' Reigns Supreme

As the minutes of the Federal Reserve’s June meeting were released on Wednesday, the word “uncertainty” reigned supreme amid the ongoing tariff turmoil and President Donald Trump‘s call to cut rates by 3 percentage points.

Benzinga

OpenAI Finalizes $6.5 Billion Deal To Acquire Jony Ive's AI Hardware Startup—Here's What We Know About Their First Device

OpenAI has finally completed its $6.5 billion acquisition of Jony Ive's AI hardware startup io Products, officially bringing the former Apple Inc. (NASDAQ:AAPL) design chief and his team into the fold to build a new generation of AI-native devices.

Benzinga

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Elon Musk Asked Dan Ives To 'Shut Up' And The Tesla Bull Says 'That's Cool': Here's Why

After being publicly told to "shut up" by Elon Musk, longtime Tesla Inc. (NASDAQ:TSLA) bull Dan Ives said that the tech mogul is entitled to his opinion.

Benzinga

Asian shares mostly gain after big tech rally on Wall Street

Asian shares are mostly up after a rally in big tech stocks in U.S. trading led the broader market to a higher close, lifting the Nasdaq to an all-time high and helping Wall Street claw back most of its losses from earlier in the week

The Independent UK

Google Rejected Perplexity's Request To Become A Default Search Engine Option On Chrome: AI Startup Fires Back With 'Comet' Browser

Perplexity AI launched its Comet web browser on Wednesday, following Alphabet Inc.’s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google Chrome’s rejection of the startup’s offer to become a default search engine option, according to CEO Aravind Srinivas.

Benzinga

Elon Musk Is The 'Most Productive Human Being On Earth,' Says Ark Invest's Cathie Wood: 'Facts Are Facts'

Investor Cathie Wood, the CEO of Ark Invest, offered one of her most emphatic endorsements yet of Tesla Inc. (NASDAQ:TSLA) CEO, Elon Musk, calling him “the most productive human being on earth and in space in history.”

Benzinga

Nvidia Sometimes Feels Like America's Only Bargaining Chip In Trade Standoff With China, Says Jim Cramer: 'Own It, Don't Trade It'

On Wednesday, Nvidia Corporation (NASDAQ:NVDA) briefly became the world's most valuable company. Following this, Jim Cramer hailed the AI chipmaker as a national strategic asset and a powerful tool in America's trade tensions with China.

Benzinga

Mark Zuckerberg Once Revealed That Getting Into Harvard Made His Mom And Dad Prouder Than Building Facebook —Spills The Beans On Why No One Talked To Him At His First Class

Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg once joked that his parents were more proud of his Harvard University acceptance than anything he's done since, despite founding one of the world's most influential tech companies.

Benzinga

Meta, Copilot Flunk AI Privacy 101 — Big Tech Is Playing Chicken With Your Privacy

The risk of unauthorized data collection and privacy breaches has surged as generative AI and large language models (LLMs) become embedded in everyday tools and services. Here's a look at some of the least invasive AI platforms, as well as the most aggressive data collectors.

Benzinga

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International Business Times

AI Giant Nvidia Becomes First Company To Reach $4 Tn In Value

Nvidia became the first company to touch $4 trillion in market value on Wednesday, a new milestone in Wall Street's bet that artificial intelligence will transform the economy.

Benzinga

Costco Shares Rise After Sales Climb 8% In June

Costco Wholesale Corp (NASDAQ:COST) shares are rising in Wednesday’s after-hours session after the company reported sales results for June.

Barchart

Stocks Settle Higher on Tech Stock Strength and Lower Bond Yields

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.61%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.72%. September E-mini S&P futures (ESU25 ) are up +0.57%, and September E-mini Nasdaq futures...

Benzinga

Brad Pitt Effect: Apple Wants Formula 1 TV Rights After Box Office Success

Apple Inc. (NASDAQ:AAPL) may be investing heavily in the Formula 1 racing league following the recent box office success of the "F1" movie, which stars and was produced by Brad Pitt.

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Benzinga

What's Going On With Apple Stock Today?

Apple Inc. (NASDAQ:AAPL) shares are bouncing around on Wednesday. A mix of corporate headlines and analyst commentary has grabbed investor attention.

Benzinga

What's Going On With Newegg Commerce (NEGG) Shares Today?

Shares of Newegg Commerce Inc. (NASDAQ:NEGG) are trading higher Wednesday amid the company’s annual FantasTech Sale.

Benzinga

Crude Oil Moves Higher; RxSight Shares Plunge

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 100 points on Wednesday.

Benzinga

Nvidia Breaks $4 Trillion Barrier—Benzinga Poll Predicted It First

NVIDIA Corporation (NASDAQ:NVDA) became the first company ever to reach a $4 trillion market capitalization on Wednesday.

Benzinga

Alphabet To Rally Around 26%? Here Are 10 Top Analyst Forecasts For Wednesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Barchart

Stocks Climb on Strength in the Magnificent Seven Stocks

The S&P 500 Index ($SPX ) (SPY ) today is up +0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.28%. September E-mini S&P futures (ESU25 ) are up +0.22%, and September E-mini Nasdaq futures...

Benzinga

Dow Jumps 200 Points; US Wholesale Inventories Fall 0.3% In May

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 200 points on Wednesday.

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