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The Latest Breaking News from Nasdaq

Elon Musk's xAI Launches 'Grok For Government' After Winning $200 Million Pentagon Contract

Elon Musk's artificial intelligence company xAI has announced it is introducing its AI model Grok for government uses, as the Pentagon recently awarded the company multi-million-dollar defense contracts.

Benzinga

Chamath Palihapitiya Warns US May Fall Behind in AI Race — Not for Lack of Models, But Electricity: 'We Are Way Behind'

Billionaire investor Chamath Palihapitiya has raised concerns about the potential threat to the United States’ AI dominance due to a lack of electricity to power data centers.

Benzinga

Nvidia Resumes H20 Shipments To China As Jensen Huang Meets Trump, Beijing Officials — 'Fully Compliant' RTX PRO Aims To Bridge AI Cold War

Nvidia Corp. (NASDAQ:NVDA) announced it will resume sales of its H20 GPU to China and unveiled a new RTX PRO graphics processor designed specifically for Chinese customers, according to a company statement released Monday.

Benzinga

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Jim Cramer Made 'FAANG' Popular, Now He Says There's A New Acronym To Describe These Retail Favorite Stocks — 'PARC'

Renowned TV host Jim Cramer is stirring chatter on X with another buzzworthy “meme stock” acronym, aimed at a new group of retail-favorite stocks that are defying gravity.

Benzinga

Elizabeth Warren Rips Pentagon Deal With Elon Musk's xAI Days After Company Apologized For Grok's 'Horrific' Behavior: 'What Could Possibly Go Wrong?'

Sen. Elizabeth Warren (D-Mass.) has raised alarms after Elon Musk's xAI secured a major Pentagon contract just days after its chatbot, Grok, made antisemitic and pro-Hitler remarks online.

Benzinga

Palantir, The Trade Desk, Tilray, Sonnet Biotherapeutics, And Tesla: Why These 5 Stocks Are On Investors' Radars Today

U.S. stocks traded mostly flat on Monday as investors reacted to President Donald Trump’s announcement of a 30% tariff on all imports from the EU and Mexico, effective August 1. Inflation worries ahead of Tuesday's CPI data also weighed on sentiment. By the close, the Dow rose 0.2% to 44,459.65,…

Benzinga

How 1 Rocket Engineer's Vegetarian Engine Could Capture 99% Of CO2 Emissions

Carbon removal buyer coalition Frontier has committed $41 million to climate tech startup Arbor Energy to scale a rocket-inspired biomass power plant that captures 99% of its carbon emissions. Frontier announced last week that the deal will support Arbor's first commercial facility in southern Louisiana and aims to remove 116,000…

Benzinga

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The Trade Desk Stock Surges On S&P 500 Inclusion — Robinhood, AppLovin Shares Slide

The Trade Desk Inc (NASDAQ:TTD) shares are surging in Monday’s after-hours session after the company was selected to join the SP 500.

Benzinga

Firefly Aerospace Sets Sights On Nasdaq After Moon Landing Success

Firefly Aerospace, a Texas-based company specializing in space transportation, has submitted paperwork for an initial public offering and intends to list its shares on the Nasdaq under the ticker "FLY."

Benzinga

Stocks Rebound as Trump Says He’s Open to Trade Talks

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.14%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.33%. September E-mini S&P futures (ESU25 ) are up +0.14%, and September E-mini Nasdaq futures...

Barchart

Strategy Adds $472 Million In Bitcoin, Ups Total Holdings To Over 600,000 BTC

Strategy (NASDAQ:MSTR) on Monday announced it has added another 4,225 Bitcoin (CRYPTO: BTC) to its already dominant crypto treasury, spending approximately $472.5 million at an average price of $111,827 per coin.

Benzinga

Meta Commits 'Hundreds Of Billions' To Build Massive AI Clusters In Race For Superintelligence

Meta Platforms Inc. (NASDAQ:META) is ramping up its artificial intelligence infrastructure plans, with CEO Mark Zuckerberg confirming that the company will invest hundreds of billions of dollars into compute resources as it chases superintelligence.

Benzinga

Dan Ives Bets On Cybersecurity As 'Biggest Subsector' In Tech For 2025; Expects Strong Q2 Earnings From CrowdStrike, Zscaler, Palo Alto, Check Point

Wedbush Securities analyst Daniel Ives has placed his bets on cybersecurity as the “biggest subsector” in the technology sector in 2025.

Benzinga

Crude Oil Moves Lower; Daré Bioscience Shares Jump

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 0.4% on Monday.

Benzinga

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Benzinga

Are Your Tesla ETFs Secretly Betting On Elon Musk's AI Startup?

Elon Musk’s AI startup, xAI, is growing into a multi-billion-dollar behemoth at an astonishing rate, with a bit of help from his other businesses. Last week, The Wall Street Journal reported that SpaceX, another company founded by Musk, had invested $2 billion in the AI firm. And now, Tesla (NASDAQ:TSLA) shareholders…

Benzinga

Lucid Stock Sinks In 2025: What's Driving The Decline?

Lucid Group (NASDAQ:LCID) stock has faced significant headwinds, plunging over 24% year-to-date. This decline is largely attributed to a confluence of factors impacting the broader electric vehicle (EV) market, compounded by specific concerns related to the Trump administration’s potential tariff policies and the revocation of EV subsidies.

Benzinga

Space Stock Watch: SpaceX Prepares Launch For Project Kuiper, Jim Cramer Calls Rocket Lab A Buy

SpaceX is preparing the first of three planned launches for Project Kuiper this week, and Rocket Lab Corp. (NASDAQ:RKLB) selected a partner to aid in the build-out of its Neutron rocket landing pad.

MarketBeat

AES Gains 20% as Private Equity Eyes AI Hyperscale Energy Player

Shares of utility stock AES soared as private equity reportedly fancies the firm. Its deals with the world's biggest AI hyperscalers are a key reason why.

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Barchart

Bulls Battle Back After New Tariff Threats

The S&P 500 Index ($SPX ) (SPY ) today is up +0.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.43%. September E-mini S&P futures (ESU25 ) are up +0.17%, and September E-mini Nasdaq futures...

Benzinga

Nvidia Vs. Microsoft Vs. Apple: Who Will Hit $5 Trillion Market Cap First? 75% Of Readers Pick This Stock

NVIDIA Corporation (NASDAQ:NVDA) has taken the world by storm, becoming the first public company to surpass the $4 trillion market capitalization milestone.

Benzinga

Workhorse Stock Tanks On Merger Talks With Private EV Maker

Workhorse Group Inc. (NASDAQ:WKHS) shares sank Monday after the company disclosed it is negotiating a potential merger with a privately held U.S. manufacturer of electric commercial vehicles.

Barchart

Latest Tariff Threats Weigh on Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down -0.21%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.22%. September E-mini S&P futures (ESU25 ) are down -0.21%, and September E-mini Nasdaq futures...

Benzinga

US Stocks Edge Lower; Fastenal Posts Upbeat Earnings

U.S. stocks traded slightly lower this morning, with the Dow Jones index falling around 0.1% on Monday.

Benzinga

Mark Zuckerberg Expected To Appear As Star Witness In $8 Billion Trial Over Alleged Privacy Violations

The CEO of Meta Platforms Inc. (NASDAQ:META), Mark Zuckerberg, is expected to testify in a high-stakes trial where the company is accused of privacy violations.

Benzinga

Direxion's Micron-Focused MUU, MUD ETFs Garner Attention Amid The AI Boom

While artificial intelligence may dominate the digital sphere, this innovation wouldn't amount to much without specialized memory chips. That's where semiconductor giant Micron Technology Inc. (NASDAQ:MU) comes into view. True, Micron often doesn't get the frontline spotlight that enterprises like Nvidia Corp. (NASDAQ:NVDA) effortlessly command. Still, the behind-the-scenes criticality of…

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