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The Latest Breaking News from Nasdaq

Elon Musk Slams Mark Zuckerberg's Hiring Spree, Says xAI Has More 'Growth Potential' Than Meta Without 'Insane' Salaries

Elon Musk, in a recent post, lauded the growth potential of his start-up, xAI and its merit-based compensation system, amid Meta Platform’s (NASDAQ:META) aggressive AI hiring spree.

Benzinga

Rivian Sales Hit 10-Month High, But Trump EV Rollbacks Threaten $300 Million Stream

Rivian Technologies Inc. (NASDAQ:RIVN) recorded its best sales in the U.S. in almost a year during July, despite a 14% YoY decline, as the Tesla Inc. (NASDAQ:TSLA) rival gears up for its Q2 earnings call on Tuesday.

Benzinga

DJT Falls As Trump Media Floats Utility Token Concept, Posts $20 Million Quarterly Loss

Trump Media Technology Group Corp. (NASDAQ:DJT) saw its shares drop 3.81% to $16.92 on Friday after posting a $20 million net loss for the second quarter ended June 30.

Benzinga

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Google Loses Epic Games Appeal As Court Orders Major Play Store Reforms Amid Antitrust Crackdown

Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has suffered a significant legal blow as a U.S. appeals court upheld a lower court ruling requiring the tech giant to overhaul its Play Store operations.

Benzinga

Meta Plans Data Center Asset Sale Worth Nearly $2 Billion To Fund Next Phase Of AI Development

Meta Platforms Inc. (NASDAQ:META) has decided to share the burden of its skyrocketing AI infrastructure costs by selling $2 billion in data center assets, as the company braces for capital expenditures that could exceed $100 billion in the coming years.

Benzinga

Elon Musk Says Tesla Drivers Could Play Video Games During Self-Driving Mode In 3–6 Months—Talks About Robotaxi Launch In Chicago

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk says that the EV giant could begin Chicago autonomous ride-hailing operations in the near future amid Robotaxi push.

Benzinga

Elon Musk Agrees With Cathie Wood: Tesla Is 'Largest AI Project On Earth' Amid Robotaxi Vision, Samsung Chip Deal Buzz

Tesla Inc. (NASDAQ:TSLA) is the world's most ambitious AI endeavor, according to ARK Invest CEO Cathie Wood, who predicts its autonomous vehicle efforts could generate trillions in revenue.

Benzinga

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The Rich Are Using Self-Directed IRAs To Invest In Crypto, Startups—And Even Cows. Should You?

More investors are shaking off Wall Street's rigidity to explore unconventional retirement holdings such as cryptocurrencies, private startups, and even livestock.

Benzinga

From AI To Emerging Markets: How 6 Pros Would Allocate $10K In Today's Market

Amid record-high markets, six Wall Street strategists shared where they would deploy $10,000 right now, identifying areas ranging from artificial intelligence to emerging markets, according to Business Insider.

Benzinga

AI Surprises Bill Gates, Meta And Microsoft Unleash AI Tsunami And More: This Week In AI

The past week has been a whirlwind of tech news, with artificial intelligence (AI) taking center stage. From Bill Gates‘ surprising remarks about AI’s rapid progress to the massive investments in AI by tech giants Microsoft Corp. (NASDAQ:MSFT), Meta Platforms Inc. (NASDAQ:META), and Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), it’s clear that AI is shaping the…

Benzinga

The Rise of Social Investing: Why Following Experts Might Be Your Best Move

Sometimes, your best investment move might be watching someone else make theirs.

Benzinga

Novo Nordisk, United Parcel Service, And Moderna Are Among Top 10 Large Cap Losers Last Week (July 28-August 1): Are The Others In Your Portfolio?

These ten large-cap stocks were the worst performers last week. Are they a part of your portfolio?

Benzinga

Consumer Tech News (July 28–August 1): Earnings From Apple, Microsoft, and Amazon Offset by Fed Jitters, Tariff Woes

Despite strong quarterly earnings from major tech firms, Wall Street ended the week lower as investor focus shifted to mounting macroeconomic risks.

Benzinga

Meta Just Paid $250M To Lure This 24-year-old AI Whiz Kid: A Strategic Move Or A Power Play?

Meta Platforms Inc. (NASDAQ:META) has reportedly invested a staggering $250 million to secure the talents of 24-year-old AI prodigy, Matt Deitke.

Benzinga

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Benzinga

'I Don't Do Anything Other Than Working,' Says Perplexity CEO Aravind Srinivas As His $14 Billion AI Startup Challenges Tech Giants

Perplexity Chief Executive Officer Aravind Srinivas says speed and urgency are nonnegotiable as his artificial intelligence startup races tech giants.

Benzinga

Benzinga Bulls And Bears: Celestica, Carvana, Novo Nordisk — And Fed Holds Rates Despite Trump Pressure

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

Benzinga

Bill Gates Warns AI Progress 'Surprises' Even Him—Unclear When It Will Replace Human Work

Microsoft Corp. (NASDAQ:MSFT) co-founder Bill Gates warned that artificial intelligence is advancing at a pace that “surprises” even him, creating uncertainty about when AI might replace human workers across industries.

Benzinga

Tim Cook Says 'Apple Must Do This,' As He Compares AI To Internet, Smartphone Revolutions

Apple Inc. (NASDAQ:AAPL) CEO Tim Cook conducted a rare all-hands meeting at the company’s Cupertino, California, headquarters after the company's fiscal third-quarter earnings, emphasizing the importance of artificial intelligence as a pivotal opportunity for the tech giant.

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Benzinga

OpenAI Chairman Bret Taylor Believes This Degree Is Still Crucial In The AI Era: 'It's Extremely Valuable'

OpenAI Chairman Bret Taylor recently voiced his support for computer science degrees, emphasizing their significance in fostering “systems thinking,” a crucial skill even in the era of AI coding.

Barchart

Stocks Settle Sharply Lower on Economic Risks

The S&P 500 Index ($SPX ) (SPY ) Friday closed down -1.60%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.96%. September E-mini S&P futures (ESU25 ) fell -1.67%, and September E-mini Nasdaq futures (NQU25...

Benzinga

Jeff Bezos Built Amazon From A Garage Into A $2.4 Trillion Empire — And It All Started With Used Books And A Recycled Door Desk

Amazon.com Inc. (NASDAQ:AMZN) grew from two people packing books in a Bellevue garage into a $2.4 trillion powerhouse. Founder Jeff Bezos labeled parcels and drove them to the post office while his then-wife, MacKenzie Scott, sealed boxes.

Benzinga

OpenAI Just Raised $8.3 Billion At This Valuation As ChatGPT Growth Soars

ChatGPT parent OpenAI has raised $8.3 billion in new capital at a $300 billion valuation as part of its ongoing $40 billion fundraising effort, according to a person familiar with the deal.

Benzinga

Amazon Stock Hit On AWS: Analysts Brush Off Growth Concerns, 'Buyers Of AMZN On Weakness'

Amazon.com Inc. (NASDAQ:AMZN) analysts raised their price targets on the stock and questioned why shares were falling Friday after reporting better-than-expected second-quarter results.

Benzinga

Reddit Stock Is Trading Higher Friday: What's Going On?

Reddit, Inc. (NASDAQ:RDDT) shares are trading higher Friday after the company reported better-than-expected second quarter financial results and issued third quarter sales guidance above estimates on Thursday after the market closed.

Benzinga

"I Don't Think College Is An End All, Be All," Says Shark Tank's Daniel Lubetzky — $5 Billion Founder Tells Gen Z Where The Real Money Is Now

Daniel Lubetzky, the billionaire founder of KIND LLC and a judge on "Shark Tank," says young people should rethink the college-to-office pipeline as automation reshapes the job market.

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