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The Latest Breaking News from Benzinga

Benzinga Bulls And Bears: Stellantis, Papa John's, Oklo — And Trade Tensions Shake Chip Stocks

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

Benzinga

Elon Musk Pay Deal Faces Pushback As ISS Tells Tesla Investors To Vote Against $1 Trillion Package

Institutional Shareholder Services, one of the world's most influential proxy advisory firms, recommended that Tesla Inc. (NASDAQ:TSLA) shareholders vote against CEO Elon Musk's proposed compensation plan worth nearly $1 trillion.

Benzinga

Meta, Blue Owl Strike $30 Billion Private Capital Deal For AI Data Center

Meta Platforms Inc. (NASDAQ:META) is nearing a $30 billion financing deal for its Hyperion data center in Richland Parish, Louisiana, which would be the largest private capital raise on record, according to a report published on Friday.

Benzinga

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Jensen Huang Says Nvidia Went From 95% Market Share To 0% In China: 'I Think It's A Mistake For US Not To...'

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang says the company's market share in China has collapsed from 95% to zero.

Benzinga

Salesforce CEO Marc Benioff Walks Back On His Support Of Trump's National Guard Proposal For San Francisco: 'I Sincerely Apologize'

Salesforce Inc. (NYSE:CRM) CEO Marc Benioff issued a public apology on Friday, after previously supporting President Donald Trump's proposal to deploy the National Guard to San Francisco.

Benzinga

Trump Reportedly Rebuffs Ukraine Missile Appeal After Putin Call: 'Time To Stop...'

President Donald Trump declined to supply Ukraine with Tomahawk missiles after a tense meeting with Ukrainian President Volodymyr Zelensky at the White House on Friday, according to a report.

Benzinga

Kevin O'Leary Tells Trump His 'No. 1 Job' Is To Protect The American Dream, Not Pick Sectors In The Economy

Investor Kevin O'Leary has urged President Donald Trump to focus on preserving the American dream rather than focusing on specific industries, saying capitalism — despite its flaws — remains the system that works best for everyone.

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Trump Asks US Supreme Court To Approve Chicago National Guard Troop Deployment

The Trump administration asked the U.S. Supreme Court on Friday to allow deployment of National Guard troops to Chicago after lower courts halted the move.

Benzinga

Trump Commutes Former Rep. George Santos' Seven-Year Prison Term: '... Has Been Horribly Mistreated'

President Donald Trump announced on Friday that he commuted the prison sentence of former congressman George Santos (R-N.Y.), ordering his immediate release.

Benzinga

China May Have Made A Breakthrough With Solid State Batteries Offering 600-Mile+ Range, Here's What You Should Know

China may have just had multiple breakthroughs in EV battery technology with new solid-state battery tech that could offer more than 600 miles of range and weigh at 220 lbs. For reference, batteries typically used in Tesla Inc. (NASDAQ:TSLA) models weigh well over 1,200 lbs.

Benzinga

Pentagon, Elon Musk Vs. Netflix: Could Battle Against 'Woke Garbage' Hurt Streaming Giant's Stock?

A new Netflix Inc (NASDAQ:NFLX) series about a closeted gay man entering the military is drawing criticism from the Pentagon, adding to the attacks on the streaming company over "woke" content that saw billionaire Elon Musk call for members to cancel their subscriptions.

Benzinga

Quantum Stock Tracker: Early Rally Fades, Rigetti And D-Wave Still Up On The Week

Quantum stocks pulled back on Thursday and Friday after a strong rally earlier in the week. Here's a look at what drove the early rally and the pull-back that followed.

Benzinga

Trump's Weight-Loss Drug Push May Put These ETFs On A Diet

The weight-loss industry that fueled one of Wall Street’s most popular ETF themes may finally be going on a crash diet.

Benzinga

Powell Hints At Rate Cut, Bank Credit Fears Emerge: This Week In Markets

After the shock of Friday, Oct. 10, when Donald Trump announced 100% tariffs on Chinese products, the president quickly softened his tone, assuring that trade relations "will be fine."

Benzinga

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Why MARA Holdings Stock Is Falling Friday

Shares of Bitcoin (CRYPTO: BTC) miner MARA Holdings Inc (NASDAQ:MARA) traded sharply lower Friday afternoon, mirroring a Friday downturn in the cryptocurrency market. Here’s what investors need to know.

Benzinga

Lithium Americas (LAC) Stock Is Sliding Friday: What's Going On?

Shares of Lithium Americas Corp (NYSE:LAC) are trading lower Friday afternoon, caught in a sector-wide pullback after a significant recent rally. Here’s what investors need to know.

Benzinga

Russian Official Asks Elon Musk To Build A 'Putin-Trump' Tunnel

A Russian representative for foreign investment has urged Elon Musk and his tunneling company, The Boring Company, to construct a "Putin-Trump" tunnel beneath the Bering Strait, linking Alaska and Russia.

Benzinga

Seventeen Years Later, Lehman Brothers International Bids A Farewell

Seventeen years after its implosion rattled the global markets, Lehman Brothers‘ UK arm has finally been put to rest. The long, messy afterlife of Lehman Brothers International Europe (LBIE) ended in a London courtroom yesterday. A judge declared that its ghost has met its obligations.

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Benzinga

Fidelity To Axe Digital Health, Women's Leadership, Bond ETFs During Industry Shakeup

Fidelity Investments is closing five of its ETFs as the company continues to simplify its product lineup in the face of shifting investor demand.

Benzinga

Marsh & McLennan Targets $400 Million In Savings With AI Driven Efficiency Push

Marsh McLennan Companies, Inc. (NYSE:MMC) reported better-than-expected third-quarter performance, driven by higher consulting revenue and continued margin resilience.

Benzinga

Crypto Replaced Banks With Middlemen In New Costumes: Here's How

When you send or accept cryptocurrency, it's easy to think you're sidestepping the hidden costs of traditional finance. But behind every "instant" transfer lies a maze of gas fees, withdrawal charges, and profit margins that look a lot like the very system crypto promised to disrupt.

Benzinga

Why Everyone's Suddenly Watching Regional Banks Again

Regional bank stocks rebounded Friday, clawing back part of the previous day's steep losses as a round of better-than-expected earnings helped ease—but not erase—credit fears that had roiled the sector.

Benzinga

Rigetti Computing Stock Is Tumbling Friday: What's Going On?

Shares of Rigetti Computing Inc (NASDAQ:RGTI) are trading lower Friday, extending a recent downturn as the broader quantum computing sector cools off from a massive rally.

Benzinga

Kezar Launches Strategic Review As FDA Roadblock Derails Liver Drug Plans

Kezar Life Sciences, Inc. (NASDAQ:KZR) announced regulatory updates and began exploring strategic alternatives.

Benzinga

Deal Dispatch: Grindr Chats With A Suitor, Too Faced Is For Sale And Other Major M&A Updates

JPMorgan Chase (NYSE:JPM) plans to spend $10 billion of its own cash—and a whopping $1.5 trillion over the next decade—to back companies in the national security sector (i.e., companies involved with rare earths, defense, AI and semiconductors).

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