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The Latest Breaking News from Nasdaq

22 ADRs Hit New 52-Week Lows: Are Any Worth Buying?

It’s amazing what a minor correction can do for the ratio between new 52-week highs and lows. Yesterday, among the 562 stocks hitting new 52-week lows, there were 22 ADRs. Three stand out as possible buys.

Barchart

Jury Convicts Done Global Founder In Adderall Distribution Scheme: WSJ Report

A federal jury has convicted Ruthia He, the founder of the telehealth startup Done Global, for orchestrating a scheme that transformed the company into an unrestricted source for Adderall prescriptions. Prosecutors argued that this case highlighted serious abuses in online mental health care, as reported by the Wall Street Journal.

Benzinga

Broadcom Unveils New 'Gen 8' Tech Designed To Defend Against Future Quantum Cyberattacks

Broadcom Inc (NASDAQ:AVGO) shares rose on Wednesday after the company unveiled its new Brocade Gen 8 networking platforms, featuring advanced “quantum-ready” security designed to protect enterprise storage from the emerging threats of quantum computing.

Benzinga

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Stocks Supported by Strength in Megacap Tech and Chip Stocks

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.38%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.74%. December E-mini S&P futures (ESZ25 ) are up +0.39%, and December...

Barchart

Alphabet Shares Hit Record Highs On Gemini 3 Launch

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) shares surged to new all-time highs Wednesday morning, driven by the unveiling of its most intelligent AI model, Gemini 3. Here’s what investors need to know.

Benzinga

Stock Indexes Gain on Strength in Alphabet and Chip Stocks

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.41%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.60%. December E-mini S&P futures (ESZ25 ) are up +0.44%, and December...

Barchart

Nvidia's Big Test Is Here — And It Could Save Or Sink The AI Rally

Wall Street is holding its breath as Nvidia Corp. (NASDAQ:NVDA) prepares to release third-quarter earnings after the bell Wednesday, a moment that could either recharge the AI rally or accelerate the recent pullback in tech stocks.

Benzinga

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Direxion's GOOGL-Focused Bull And Bear Funds Grab The Limelight Ahead Of Alphabet's Earnings

As one of the top technology enterprises in the world, Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) will command a massive audience when it releases its quarterly earnings report on Wednesday, July 23, after the closing bell. Analysts will be looking for earnings per share of $2.17 on revenue of $93.72 billion, a…

Benzinga

Broadcom Struggles Amid Steep AI Correction, Raising Awareness Of Direxion's AVL, AVS ETFs

As one of the world's top designers, developers and manufacturers of semiconductor and infrastructure software products, Broadcom Inc (NASDAQ:AVGO) has naturally enjoyed a strong performance in the market. Since the beginning of this year, AVGO stock gained almost 47%, easily outpacing the Nasdaq Composite's run of 18.43% during the same…

Benzinga

Amazon's Slow March Forward May Get A Political Boost, Drawing Attention Toward Direxion's AMZU, AMZD ETFs

As one of the biggest tech juggernauts and a dominant leader in e-commerce, Amazon.com Inc. (NASDAQ:AMZN) has long represented a reliable investment. On paper, this reputation hasn't really changed, with AMZN stock gaining over 11% on a year-to-date basis. However, this performance falls noticeably short of the SP 500's run…

Benzinga

Nvidia's Smartphone-Style Memory Shift To Trigger A 100% Price Surge In Server Memory By 2026: Report

The decision by Nvidia Corp (NASDAQ:NVDA) to integrate smartphone-style memory chips into its AI servers could potentially double the prices of server memory by the end of 2026, according to a report.

Benzinga

EXCLUSIVE: PowerBank Eyes $700 Billion Space Market With Orbital Cloud Initiative

PowerBank Corporation (NASDAQ:SUUN) on Wednesday disclosed a partnership with Orbit AI for the launch of a space initiative called the Orbital Cloud.

Benzinga

Microsoft CEO Satya Nadella Reveals Real AI Bottleneck After $35 Billion Anthropic Partnership— And It's Not GPUs

Microsoft Corp. (NASDAQ:MSFT) Chairman and CEO Satya Nadella has revealed that the true bottleneck for the burgeoning AI industry isn’t a shortage of advanced GPUs, but rather the fundamental physical infrastructure required to power them.

Benzinga

Is Saudi Arabia About To Become Big Tech's Next Billion-Dollar AI Playground?

Major U.S. chip stocks, including Nvidia Corp. (NASDAQ:NVDA) and Advanced Micro Devices, Inc. (NASDAQ:AMD), are positioned for fresh momentum as Washington prepares to authorize the first shipments of advanced artificial intelligence chips to Humain, a state-backed Saudi AI initiative.

Benzinga

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Benzinga

Pony AI Uses Robotaxi Tech To Build Smarter Driverless Trucks

Pony AI Inc. (NASDAQ:PONY) has introduced its fourth-generation autonomous truck lineup, a redesigned platform built to reduce costs and extend vehicle durability as the company pushes toward large-scale commercial driverless freight.

Benzinga

Apple iPhone Pocket: How To Score Limited-Edition Designer Pouch Everyone's Talking About Before It Sells Out

Apple Inc.’s (NASDAQ:AAPL) latest accessory, the iPhone Pocket, has quickly gone viral, leaving fans eager to get their hands on the designer pouch before it disappears from stores.

Benzinga

Tesla CEO Elon Musk Once Called LiDAR 'Fool's Errand' — Volvo Now Pulls Plug On Luminar Partnership: LAZR Stock Hits All-Time Low

As Swedish automaker Volvo pulls out of its partnership with Luminar Technologies Inc. (NASDAQ:LAZR), are Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk's bearish views on LiDAR technology finally vindicated?

Benzinga

China Secretly Funnels Over $200 Billion Into Nearly 2,500 US Projects Despite Trump, Biden Crackdown

Chinese financial institutions have discreetly funneled over $200 billion into a multitude of projects in nearly every U.S. state over the last 25 years, a report by Virginia-based research lab AidData showed on Tuesday.

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Benzinga

What Sparked Kazia Therapeutics' Over 51% After-Hours Surge?

Kazia Therapeutics Limited (NASDAQ:KZIA) shares are trending on Wednesday.

Benzinga

Saudi Arabia To Buy Nearly 300 US Tanks In Defense Deal, Boosts Investment Commitment To $1 Trillion

Saudi Arabia has committed to purchasing hundreds of U.S.-made tanks, underlining an expansive defense and economic partnership with the United States.

Benzinga

Nvidia CEO Says Anthropic Has 'Revolutionized' Agentic AI Space As Jensen Huang, Satya Nadella, Dario Amodei Talk About New Partnership

Nvidia Corp. (NASDAQ:NVDA), Microsoft Corp. (NASDAQ:MSFT) and Anthropic on Tuesday detailed a sweeping new alliance involving major investments.

Benzinga

Why Is TMC The Metal Company's Stock Trending Overnight?

Editor’s note: The headline has been updated to correct a typographical error.

Benzinga

Elon Musk Back At White House For Trump's Dinner With Saudi Crown Prince In First Visit Since Public Feud

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk made a high-profile return to the White House on Tuesday, joining a dinner hosted by President Donald Trump in honor of Saudi Crown Prince Mohammed bin Salman, marking his first public appearance there since a widely publicized fallout with Trump earlier this year.

AAP

Oncology company reports promising cancer find

Shares in Kazia Therapeutics have risen more than 50 per cent after its drug candidate appeared to successfully treat a woman with stage-four breast cancer.

Benzinga

Michael Burry Bet Over $1 Billion Against Nvidia And Palantir, But This Former Alphabet Executive Says 'The Big Short' Investor Has Got It All Wrong

Michael Burry has wagered that the AI boom is headed for a painful collapse — but former Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) executive David Friedberg insists the famed investor is wrong.

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