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The Latest Breaking News from Nasdaq

GigaCloud Buys New Classic Home Furnishing To Strengthen US Furniture Push

GigaCloud Technology, Inc. (NASDAQ:GCT) announced on Friday that it will acquire New Classic Home Furnishing, Inc., a U.S.-based furniture distributor, as part of its strategy to strengthen its position in the North American furniture market.

Benzinga

Nasdaq Surges 1%; Procter & Gamble Posts Upbeat Earnings

U.S. stocks traded higher this morning, with the Nasdaq Composite gaining 1% on Friday.

Benzinga

Stocks See Support from Favorable CPI Report

The S&P 500 Index ($SPX ) (SPY ) today is up +0.79%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.66%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.04%. December E-mini S&P futures (ESZ25 ) are up +0.68%, and December E-mini Nasdaq futures...

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Amazon's Cloud Division Faces New AI Competition from Microsoft and Google

Amazon Web Services (AWS), a leading cloud computing provider, finds itself in the crosshairs after a difficult week that highlighted its growing challenges in the age of artificial intelligence.

Benzinga

Quantum Computing Stocks Are on Fire: 3 to Watch Right Now

Quantum computing stocks have recently surged, with several names up triple digits as investor enthusiasm and short-covering fueled a powerful rally.

MarketBeat

Supermicro Taps New AMD Chips For Its Next-Gen Data Center Push

Super Micro Computer, Inc. (NASDAQ:SMCI) pared some of its Thursday losses after announcing it is expanding its server lineup with the launch of its new MicroBlade multi-node solution, which incorporates Advanced Micro Devices, Inc.’s (NASDAQ:AMD) new EPYC 4005 series processors.

Benzinga

Amazon's Cloud Unit Issues Apology, Explains How Rare Software Bug Triggered Global AWS Outage This Week

Amazon.com Inc.’s (NASDAQ:AMZN) cloud unit AWS has issued an apology and outlined an explanation for the major outage that affected over 1,000 websites and services on Monday.

Benzinga

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Faraday Future Enters UAE Market Through Exclusive Deal

Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI) shares are trading higher premarket on Friday after the company disclosed a deal for official entry into the United Arab Emirates (UAE) market.

Benzinga

Booz Allen Hamilton Posts Downbeat Earnings, Joins Deckers Outdoor And Other Big Stocks Moving Lower In Friday's Pre-Market Session

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 100 points on Friday.

Benzinga

Pro-Trump Billionaire Slams Binance Founder 'CZ' Zhao's Pardon: 'Massive Fraud Is Happening...'

Prominent Trump supporter and Palantir (NASDAQ:PLTR) co-founder Joe Lonsdale has publicly criticized the president’s decision to pardon Changpeng “CZ” Zhao, the co-founder of Binance.

Benzinga

Datavault AI's Swiss Exchange Is Reshaping Its Future

Datavault AI's Swiss exchange partnership, a key acquisition, and strong revenue guidance are driving its transformation into a leader in RWA tokenization.

MarketBeat

American Airlines CEO In 'Constant Contact' With Sean Duffy Amid Shutdown, 'Hopeful' That Government Will Reopen Soon

American Airlines Group Inc. (NASDAQ:AAL) CEO Robert Isom has said that he hopes Congress will take action to end the ongoing government shutdown, which has impacted the aviation industry heavily.

Benzinga

Applied Materials Cuts Staff To Stay Ahead In High-Stakes AI Race

Applied Materials Inc. (NASDAQ:AMAT), the world’s leading supplier of equipment, software, and services for manufacturing semiconductor chips, flat-panel displays, and solar products, announced on October 23 a plan to reduce its global workforce by approximately 4%.

Benzinga

Tesla Co-Founder JB Straubel's Redwood Materials Secures $350 Million In Latest Funding Round

Redwood Materials, a battery recycling and energy storage startup based in Nevada, founded by JB Straubel, a Tesla Inc. (NASDAQ:TSLA) co-founder, raised over $350 million in its latest funding round. The company had previously raised $1 billion in Series D funding and is also backed by Nvidia Corp. (NASDAQ:NVDA).

Benzinga

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Benzinga

Why Intel Shares Are Trading Higher By Around 8%; Here Are 20 Stocks Moving Premarket

Shares of Intel Corporation (NASDAQ:INTC) rose sharply in pre-market trading after the company reported better-than-expected third-quarter financial results.

Benzinga

Jim Cramer Backs Elon Musk's Trillion-Dollar Compensation Package: Tells Investors 'Don't Be Small-Minded'

Renowned TV host Jim Cramer has backed Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk’s trillion-dollar compensation package, while urging investors to think beyond short-term numbers and recognize the company's broader technological ambitions and societal impact.

Benzinga

Coinbase CEO Brian Armstrong 'Bullish' On Getting Key Crypto Legislation Passed By Year-End: 'We're 90% There'

Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong expressed optimism on Thursday about the future of cryptocurrency regulations in the U.S., noting that both Democrats and Republicans are on the same page.

Benzinga

Zohran Mamdani Slams Tesla Board Member Joe Gebbia For Allegedly Promoting 'Racist Messages About Immigrants' As New York Mayor Race Heats Up

New York City Mayoral candidate Zohran Mamdani has slammed Tesla Inc. (NASDAQ:TSLA) Board member and Airbnb Inc. (NASDAQ:ABNB) co-founder Joe Gebbia for allegedly promoting racism targeting immigrants.

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Benzinga

Nasdaq Jumps 200 Points Amid Trump's Russia Sanctions: Investor Fear Eases, Greed Index Remains In 'Fear' Zone

The CNN Money Fear and Greed index showed some easing in the overall fear level, while the index remained in the “Fear” zone on Thursday.

Benzinga

T-Mobile Touts Close Collaboration With Elon Musk's SpaceX, Aims To Replicate 5G Lead In Satellite: 'Flying Towers In Space'

T-Mobile US, Inc. (NASDAQ:TMUS) is aggressively pushing the boundaries of wireless connectivity through its deep collaboration with Elon Musk's SpaceX, with executives revealing ambitious plans to extend its industry leadership into satellite-to-cellular services.

Benzinga

Martin Shkreli Blasts Trump's Move To Buy Shares Of Quantum Computing Companies For the US Government, Suggests The President Should Do This Instead

Investor Martin Shkreli, popularly known as “Pharma Bro,” is criticizing President Donald Trump’s latest decision to acquire equity stakes in quantum computing stocks.

Benzinga

Wellgistics Health Stocks Spikes 88% After Hours On Blockchain Partnership

Wellgistics Health Inc. (NASDAQ:WGRX) shares soared 87.89% in after-hours trading on Thursday, closing at $0.76.

Benzinga

Disney–Google Dispute Could Leave YouTube TV Viewers Without ABC, ESPN, NFL, NBA And More

Millions of YouTube TV subscribers may lose access to Disney-owned networks, including ABC and ESPN, as negotiations between Walt Disney Co. (NYSE:DIS) and Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google stall over carriage fees.

Benzinga

Intel, Scienture Holdings, Ford, Deckers, And Super Micro Computer: Why These 5 Stocks Are On Investors' Radars Today

Major U.S. indices closed higher on Thursday, with the Dow Jones Industrial Average up 0.3% at 46,734.61, the SP 500 advancing nearly 0.6% to 6,738.44, and the Nasdaq climbing about 0.9% to 22,941.79.These are the top stocks that gained the attention of retail traders and investors through the day: Intel…

Benzinga

Apple Going All In On Streaming, Entertainment? Tech Giant Named As Potential Warner Bros. Suitor

Media giant Warner Bros. Discovery (NASDAQ:WBD) is talking to potential suitors for part or the entirety of the business. One interested party could be technology giant Apple Inc (NASDAQ:AAPL), according to a new report.

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