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The Latest Breaking News from Nasdaq

Oracle Cuts Hundreds Of Jobs Despite Stock Near Record Highs: Report

Oracle Corp. (NYSE:ORCL) has reportedly eliminated more than 350 positions across California and Washington this week, according to state employment records, despite the database giant’s stock trading near all-time highs at $223.45.

Benzinga

Elon Musk's xAI Hit By CFO Exit, Adding To Wave Of Leadership Departures: Report

Elon Musk‘s artificial intelligence startup xAI faces mounting leadership instability as Chief Financial Officer Mike Liberatore departed in late July after just three months on the job, marking the latest in a series of high-profile executive exits that could signal operational challenges for the AI venture.

Benzinga

Dan Ives Says Apple And Google Could 'Walk Down The Aisle' On Bigger Gemini AI Partnership After Antitrust Win: 'Dream Scenario'

Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google should look for a new chapter in artificial intelligence collaboration with Apple Inc. (NASDAQ:AAPL) after its courtroom victory over the Department of Justice, according to Wedbush analyst Dan Ives.

Benzinga

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Trump Snubs Elon Musk, Invites Sam Altman, Bill Gates, Mark Zuckerberg And Others To Newly Renovated Rose Garden

President Donald Trump is set to host tech CEOs and business leaders in an event at the newly renovated Rose Garden at the White House.

Benzinga

'We Started Becoming The Reddit Of Security Data,' Says CrowdStrike CEO George Kurtz After $290 Million Onum Buyout

The race to secure artificial intelligence has turned into one of the defining battles of 2025, and CrowdStrike (NASDAQ:CRWD) just raised the stakes with a $290 million acquisition of Madrid-based data observability startup Onum.

Benzinga

Google Ordered To Pay $425 Million In Privacy Class Action, Company Says Data Was 'Nonpersonal' And Stored Securely

Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) has been ordered to pay $425 million after a federal jury ruled that Google violated user privacy by continuing to collect data even when account tracking settings were switched off.

Benzinga

Trump Family's Stake Swells To $1.46 Billion As American Bitcoin Makes Stock Market Debut

Bitcoin (CRYPTO: BTC) mining firm American Bitcoin Corp. (NASDAQ:ABTC) surged in its public market debut on Wednesday, resulting in billions worth of stake for Eric Trump and Donald Trump Jr.

Benzinga

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GitLab Stock Sinks After Q2 Earnings Report: Here's Why

GitLab, Inc. (NASDAQ:GTLB) released its second-quarter results after Wednesday's closing bell. Here's a look at the key figures from the quarter.

Benzinga

Stocks Supported as Chances Improve for a Fed Rate Cut

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up by +0.51%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.79%. September E-mini S&P futures (ESU25 ) rose +0.56%, and September...

Barchart

Lucid Group Stock Is Volatile: What's Going On?

Lucid Group Inc (NASDAQ:LCID) shares closed down on Wednesday afternoon, extending losses from earlier in the week. Here’s what investors need to know.

Benzinga

What's Going On With Lyft Stock Wednesday?

Lyft, Inc. (NASDAQ:LYFT) shares traded higher on Wednesday. The company announced an offering of $450 million of convertible senior notes.

Benzinga

Broadcom Q3 Preview: Can Nvidia's 'Baby Brother' Beat Estimates Once Again?

Semiconductor giant Broadcom Inc (NASDAQ:AVGO) reports third-quarter financial results after market close on Thursday.

Benzinga

Is the Australian sharemarket headed for a correction? Here’s one way to judge

The Australian sharemarket has had a remarkably strong run since December 2023, when the SP/ASX 200 index was around 7,000. In recent weeks the index topped 9,000 for the first time, a rise of about 16% on an annualised basis over this 21-month period.

The Conversation

Alphabet, Apple Fuel Tech Rebound, Gold Defies Gravity: What's Moving Markets Wednesday?

Wall Street staged a tentative rebound on Wednesday after two straight sessions of heavy tech losses, as rallies in Alphabet Inc. (NASDAQ:AAPL) and Apple Inc. (NASDAQ:AAPL) helped restore confidence in the sector.

Benzinga

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Benzinga

Snapchat Parent Sees Slowing Audience Growth As Competition Intensifies

Snap Inc. (NYSE:SNAP), the parent company of Snapchat, trended on Wednesday as social media stocks continued to trade actively amid strong digital advertising demand and expanding user bases.

Benzinga

TG Therapeutics CEO Voices Strong Conviction In Briumvi With New $100 Million Buyback

TG Therapeutics Inc. (NASDAQ:TGTX) shares advanced Wednesday after the biopharmaceutical company announced the completion of a $100 million share repurchase program and unveiled plans for an additional $100 million buyback authorization.

Benzinga

Crude Oil Falls Over 2%; Campbell's Earnings Top Estimates

U.S. stocks traded mixed midway through trading, with the Dow Jones index falling more than 150 points on Wednesday.

Benzinga

What's Going On With Arm Holdings Stock Wednesday?

Arm Holdings (NASDAQ:ARM) drew investor attention on Wednesday as optimism over artificial intelligence continued to drive activity across semiconductor stocks.

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Barchart

Stocks and Bonds Climb as Weak Jobs Bolster Fed Rate Cut Chances

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.56%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +1.02%. September E-mini S&P futures (ESU25 ) are up +0.56%, and September...

Benzinga

Nvidia's Biggest Threat? AMD's New Chips Are Built For AI War

Nvidia Corp's (NASDAQ:NVDA) dominance in AI chips is facing its fiercest challenge yet as Advanced Micro Devices Inc’s (NASDAQ:AMD) new GPUs step squarely into the AI arms race. At this year's Hot Chips 2025, AMD unveiled details of its MI350 series while reiterating a 2026 launch for the MI400 lineup—advancements…

The Independent UK

Trump-backed bitcoin company begins trading on Nasdaq

A bitcoin treasury and mining company linked to the Trump family has begun trading on the Nasdaq stock market

Benzinga

Taiwan Semiconductor Investors Brush Off Export Setback As AI Spending Surges

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) shares edged higher Wednesday, rebounding from losses triggered by Washington’s decision to revoke the chipmaker’s authorization to freely ship critical equipment to its Nanjing, China, facility.

Barchart

The Pros and Cons of Biting Into This Struggling Restaurant Stock

Chicago-based Portillos hit a new 52-week low on Tuesday, the 27th in the past 12 months. Down 27% in the past month alone, it now trades at a three-year low and well below its October 2021 IPO price.

Barchart

Stocks Climb as Alphabet and Apple Rally and Bond Yields Stabilize

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.38%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.46%. September E-mini S&P futures (ESU25 ) are up +0.37%, and September...

Benzinga

Nasdaq Gains Over 100 Points; Dollar Tree Post Upbeat Earnings

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

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