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The Latest Breaking News from Nasdaq

Elon Musk's xAI Faces Backlash From NAACP, Environmental Groups Over Memphis Data Center's Gas-Burning Turbine Permit

Elon Musk's artificial intelligence company, xAI, has been slammed by the NAACP (National Association for the Advancement of Colored People) and environmental rights groups over its Memphis data center.

Benzinga

Ex-OpenAI Exec Mira Murati Lands $2 Billion Seed Round For AI Startup Backed By Andreessen Horowitz, Nvidia, AMD, Other Tech Giants

Former OpenAI Chief Technology Officer Mira Murati has secured a record-breaking $2 billion seed round for her artificial intelligence startup, Thinking Machines Lab.

Benzinga

Why Sarepta Therapeutics Shares Are Trading Higher By 34%; Here Are 20 Stocks Moving Premarket

Shares of Sarepta Therapeutics, Inc. (NASDAQ:SRPT) rose sharply in pre-market trading after the company announced it will engage in strategic restructuring and cost savings.

Benzinga

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Samsung Chairman Jay Y. Lee Acquitted Of Stock Manipulation By South Korea's Supreme Court

On Thursday, South Korea's Supreme Court cleared Samsung Electronics (OTC:SSNLF) chairman Jay Y. Lee of stock manipulation and accounting fraud charges related to a 2015 merger, ending a nearly decade-long legal battle.

Benzinga

Palantir Bull Sees 562% Upside: '$500 Is The Lowest The Stock Can Be In 5 Years' — Says Wall Street Still Doesn't Get It

A long-time Palantir Technologies Inc. (NASDAQ:PLTR) bull, Tom Nash, is doubling down on the stock following its 434% rally over the past 12 months, with a new five-year price target of $1,000 a share, representing an upside of 562% from its current levels.

Benzinga

Made By Google 2025 Confirmed For August 20: Pixel 10 Lineup, AI-Powered Android 16 And Pixel Watch 4 Set To Headline

Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has officially announced its annual "Made by Google" event will take place on Aug. 20 in New York City, showcasing its next-generation Pixel devices and AI-powered software upgrades.

Benzinga

Meta, AWS Roll Out $6 Million Startup Program To Counter OpenAI, Make Llama The Go-To AI Model For Builders

Meta Platforms Inc. (NASDAQ:META) and Amazon Web Services are launching a $6 million initiative to attract 30 U.S. startups to build AI applications using Meta’s open-source Llama model, positioning the partnership as a strategic counter to OpenAI‘s closed-source dominance.

Benzinga

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Elon Musk's xAI Faces Industry Backlash Over 'Reckless' AI Safety Practices As Regulatory Scrutiny Intensifies

Artificial intelligence safety researchers from OpenAI and Anthropic are publicly criticizing Elon Musk‘s xAI for what they call “completely irresponsible” safety practices, raising potential regulatory and enterprise adoption concerns for the billion-dollar startup.

Benzinga

Crown LNG Stock Plunges Over 55% After Hours Following Delisting Blow

Crown LNG Holdings Ltd (NASDAQ:CGBS) stock experienced a 55.26% drop in after-hours trading on Wednesday.

Benzinga

Palantir Supercharges 'Ask AT&T' — GenAI Engine Helps 100,000 Employees To Fix Code, Cut Costs And Rewrite The Network

ATT Inc. (NYSE:T) has deployed Palantir Technologies Inc. (NASDAQ:PLTR) to power its internal generative AI platform, “Ask ATT,” which now serves 100,000 employees across 71 production solutions.

Benzinga

Meta Shareholders Sue Mark Zuckerberg, Peter Thiel For $8 Billion Over Privacy Violations Linked To Cambridge Analytica Scandal

On Wednesday, a trial began in Delaware, where Meta Platforms, Inc. (NASDAQ:META) shareholders are seeking $8 billion in damages from top executives, including Mark Zuckerberg, Peter Thiel and Sheryl Sandberg, over alleged failures to protect user data following the Cambridge Analytica scandal.

Benzinga

Tim Cook's New Job Is Keeping Trump 'Happy,' Says Economist Justin Wolfers: 'Innovation Takes A Back Seat To Political Favoritism'

According to University of Michigan economist Justin Wolfers, in recent months, Apple Inc. (NASDAQ:AAPL) CEO Tim Cook has been spending far more time managing politics than pursuing new innovations.

Benzinga

Elizabeth Warren Has The Receipts: 'Bribery In Plain Sight' Funding Trump's Library

Sen. Elizabeth Warren (D-Mass.) is raising the stakes after accusing Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA) of potential bribery in its settlement with President Donald Trump.

Benzinga

Stocks End Higher Despite Uncertainty About Possible Powell Firing

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.29%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.12%. September E-mini S&P futures (ESU25 ) rose +0.33%, and September E-mini Nasdaq futures...

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MarketBeat

This Fund Manager Says You Should Get Out of Tesla and Apple—Now

Tech-focused mutual fund manager Vimal Patel suggests rotating out of Tesla and Apple and into Broadcom and Oracle instead. Here's why.

Benzinga

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

Marvell Technology, Inc. (NASDAQ:MRVL) shares are trading lower on Wednesday in possible sympathy with ASML Holding (NASDAQ:ASML), which said it cannot confirm its growth outlook for 2026 and citied macro uncertainty.

Benzinga

Alphabet Has Assets, Corporate Culture To Drive Valuation Higher, Says Bullish Analyst

Google-parent Alphabet Inc's (NASDAQ:GOOGL) strategic position and tech-first corporate culture drive upside to the stock valuation, according to Needham.

Benzinga

Dow Surges Over 100 Points; Goldman Sachs Posts Upbeat Earnings

U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 100 points on Wednesday.

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Draganfly Stock Is Moving Higher Wednesday: What's Going On?

Draganfly Inc. (NASDAQ:DPRO) shares are trading higher Wednesday after the company announced its Cammander3 XL UAV has been selected by the Department of Defense for advanced operation initiatives.

Benzinga

Rivian Unseats Lucid, DraftKings Ousts Plug Power In Russell 1000 Shake-Up

Each year, FTSE Russell recalibrates its U.S. indexes to ensure they accurately represent the evolving market. The Russell 1000 Index, comprising the largest 1,000 U.S. companies by market cap, saw some notable additions and exclusions in 2025.

Barchart

Stocks Pressured by Chip-Stock Sell-off and Increased Talk about Powell Firing

The S&P 500 Index ($SPX ) (SPY ) today is down -0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.30%. September E-mini S&P futures (ESU25 ) are down -0.03%, and September E-mini Nasdaq futures...

Benzinga

ETF Playbook For Bank Earnings: Big Bets On Goldman, Morgan Stanley, BofA

While the market absorbs a mixed bag of inflation reports and Fed projections, focus is shifting back to earnings, beginning with the largest banks. Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS) and Bank of America (NYSE:BAC) reported on Wednesday and their figures have the financial sector cheering.

Benzinga

Klotho Clears Nasdaq Hurdle—KLTO Stock Remains On The Big Board

Klotho Neurosciences, Inc. (NASDAQ:KLTO) announced on Wednesday that it has received notification from Nasdaq that KLTO stock has full compliance with all continued listing requirements and will remain listed and traded on the Nasdaq Stock Market

Benzinga

Cramer To Apple: Kick The Buyback Addiction - Buy A Brain Instead

Jim Cramer has a message for Apple Inc. (NASDAQ:AAPL): Stop recycling your cash and start reimagining the future. The “Mad Money” host isn't mincing words—he wants Apple to stop pouring billions into stock buybacks and instead invest the cash hoard in a brain.

Benzinga

US Stocks Mixed; Bank of America Earnings Top Views

U.S. stocks traded mixed this morning, with the Nasdaq falling around 0.1% on Wednesday.

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