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The Latest Breaking News from Nasdaq

Nasdaq Gains 100 Points; FedEx Posts Upbeat Earnings

U.S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 100 points on Friday.

Benzinga

Stocks Supported by Prospects of Additional Fed Easing

The S&P 500 Index ($SPX ) (SPY ) today is up +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.19%. December E-mini S&P futures (ESZ25 ) are up +0.13%, and December E-mini Nasdaq futures...

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WeRide's Robobus Is Coming To Belgium Soon

WeRide Inc. (NASDAQ:WRD), a global autonomous driving technology company, on Friday said its Robobus has secured Belgium’s first federal test permit for a Level 4 autonomous shuttle.

Benzinga

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Tesla Should Boost Buybacks With Excess Cash, Says Gary Black: 'Valuation Is Why Tesla Remains Under Owned'

Future Fund LLC's managing director, Gary Black, thinks Tesla Inc. (NASDAQ:TSLA) should use its excess cash to buy back the EV giant's shares from shareholders.

Benzinga

Tesla To Rally More Than 31%? Here Are 10 Top Analyst Forecasts For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Benzinga

Nvidia Commits $500 Million To UK Autonomous Driving Startup Wayve

Nvidia (NASDAQ:NVDA) is in advanced talks to make a $500 million investment in the U.K. autonomous driving startup Wayve, signaling a strategic expansion of its influence in the thriving artificial intelligence sector.

Benzinga

5 Stocks That Dominated Investor Buzz This Week — How OPEN, NVDA, TSLA And Others Performed

Retail investors buzzed about five stocks this week, from Sept. 15 to 19, on platforms like X and Reddit’s r/WallStreetBets, amid market AI enthusiasm and the Federal Reserve rate cuts.

Benzinga

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Will Alibaba's New Chip Finally Unseat Nvidia In China?

Alibaba Group Holding Ltd. (NYSE:BABA) is intensifying its challenge to U.S. technology leaders with the debut of a high-performance processor designed to rival Nvidia Corp.’s (NASDAQ:NVDA) H20 graphics chip, alongside an open-source artificial intelligence agent positioned against OpenAI’s Deep Research platform.

Benzinga

Nvidia's $5 Billion Intel Bet Could Shape AI PC Era, Says Ming-Chi Kuo, As Gene Munster Calls 20% INTC Stock Surge 'Overreaction'

Analysts offered sharply different takes on Nvidia Corp.'s (NASDAQ:NVDA) $5 billion investment in Intel Corp. (NASDAQ:INTC), with TF Securities' Ming-Chi Kuo touting the partnership's potential to reshape the AI PC landscape while Deepwater Asset Management's Gene Munster cautioned that Intel's soaring stock reaction looked excessive.

Benzinga

Larry Ellison Topples Elon Musk As World's Richest, Then Loses $34 Billion In Days As Oracle-OpenAI Deal Sparks Market Doubts

Oracle (NYSE:ORCL) co-founder Larry Ellison‘s net worth plummeted by $34 billion after briefly surpassing Tesla‘s (NASDAQ:TSLA) Elon Musk as the world’s richest person last week.

Benzinga

Stock Market Today: Dow, S&P 500 Futures Rise Ahead Of Trump-Xi Call— FedEx, MoneyHero, Lennar In Focus (UPDATED)

Editor’s Note: The future prices of benchmark tracking ETFs were updated in the story.

Benzinga

Gary Black Says Tesla Stock Will Go 'Higher' — Predicts Decline In Q4: 'We Expect TSLA...'

The Future Fund LLC's managing director, Gary Black, expects Tesla Inc. (NASDAQ:TSLA) stock to continue rising through the third quarter before it begins declining again in Q4.

Benzinga

Nvidia Reportedly Spends Over $900 Million To Hire Enfabrica CEO Rochan Sankar And License Startup's Breakthrough Technology

Nvidia Corp. (NASDAQ:NVDA) has reportedly struck a deal worth more than $900 million to bring on Enfabrica CEO Rochan Sankar and key employees while licensing the startup's technology designed to link over 100,000 GPUs into unified systems.

Benzinga

Tesla's Talent Exodus Continues As Optimus AI Team Lead Leaves For Mark Zuckerberg's Meta

Tesla Inc.'s (NASDAQ:TSLA) talent exodus continues after the company's AI Team Lead for its Optimus humanoid robot announced he was leaving the company.

Benzinga

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Benzinga

Sundar Pichai Declares 'Next Chrome Era' As Google Bakes Gemini AI Into Its Web Browser, Roll Out To Target Mac, Windows And Mobile Devices

Google, owned by Alphabet Inc. (NASDAQ:GOOG, GOOGL)), has built its Gemini AI directly into the Chrome browser. CEO Sundar Pichai says this marks the beginning of a new era in web browsing.

Benzinga

Elizabeth Warren Says Measles Can Hit Record Highs, Slams RFK Jr.'s CDC Panel For Delaying Vaccine: 'How Does That Keep Our Kids Safe?'

Sen. Elizabeth Warren (D-Mass.) on Thursday criticized the Centers for Disease Control and Prevention's vaccine advisory panel following its controversial vote to delay the combined measles, mumps, rubella, and varicella or MMRV vaccine for children under 4 years old.

Benzinga

'Against The Principles Of The Fourth Amendment' 80,000 AI Cameras Track Americans Daily As CEO Claims He Can Eliminate All Crime In 10 Years

A 38-year-old CEO with no prior experience in police technology is taking on one of America’s most powerful law enforcement companies. Garrett Langley, founder of surveillance company Flock Safety, previously partnered with Axon Enterprise (NASDAQ:AXON) before the relationship ended earlier this year over pricing and competition concerns, Forbes reported.

MarketBeat

3 AI Infrastructure Stocks With Upside After the Summer Rally

The AI infrastructure buildout has years to go, here are three stocks with room to run as data center demand and hyperscaler spending fuel long-term growth

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Stock Indexes Rally to Record Highs on Fed Rate Cut Expectations

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.48%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.95%. September E-mini S&P futures (ESU25 ) rose +0.50%, and September E-mini Nasdaq futures...

Benzinga

Intel Stock Has Best Day Ever: Jensen Huang Says Nvidia Will Be A 'Very Large Customer'

NVIDIA Corp. (NASDAQ:NVDA) CEO Jensen Huang revealed that the company’s $5 billion investment and collaborative efforts with Intel Corp. (NASDAQ:INTC) were the result of nearly a year of discussions between the two firms.

Benzinga

Billionaire David Tepper Won't 'Fight The Fed'—But He Hates This Market

Billionaire investor David Tepper thinks stocks are considerably overvalued, but remains in the market because his number one rule is to never fight the Federal Reserve.

Benzinga

AMD Stock Is Trading Lower Thursday — What's Happening?

Advanced Micro Devices Inc (NASDAQ:AMD) shares are moving lower Thursday after Nvidia Corp (NASDAQ:NVDA) revealed a surprise $5 billion investment in Intel Corp (NASDAQ:INTC), raising competitive concerns for AMD.

Benzinga

Why Analysts Say Lyft's Driverless Bet Won't Deliver Big Growth Anytime Soon

Lyft Inc.‘s (NASDAQ:LYFT) ambitious partnership with Waymo to bring driverless cars to Nashville by 2026 raises questions about its short-term growth potential, as analysts point to limited vehicle supply initially affecting market impact. Despite investing $10 million in a dedicated depot and strengthening its position in autonomous vehicles, Lyft faces…

Benzinga

Meta's New Smart Glasses Set Up For Strong Holiday Sales As Reality Labs Push Deepens

Meta Platforms, Inc. (NASDAQ:META) shares are trading slightly higher on Thursday.

Benzinga

Cracker Barrel Rebrand Backlash Overshadows Stronger Q4 Comp Sales, Analyst Says

Cracker Barrel Old Country Store (NASDAQ:CBRL) analysts remain cautious on the restaurant company amid public backlash on a logo rebrand after the company reported fourth-quarter financial results on Wednesday.

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