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The Latest Breaking News from Benzinga

Bitcoin, Ethereum, XRP, Dogecoin Hold Steady As Tariff Letters Shake Up Markets

Cryptourrencies are drifting upwards on Tuesday morning as markets expect further tariff-related news from the White House.

Benzinga

Why You Should Keep An Eye On Solana Project Pump.fun's $4B Price Tag

Pump.fun may be one of the most polarizing platforms in crypto, but its financials are hard to ignore.

Benzinga

CoreWeave CEO Bets On 'Custom-Built Software Stack' To Outpace Rivals— But Calls Oracle A 'Formidable Competitor'

In a recent interview with CNBC, CoreWeave (NASDAQ:CRWV) CEO Michael Intrator acknowledged Oracle Corporation (NYSE:ORCL) as a strong rival in the artificial intelligence infrastructure sector.

Benzinga

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BlackRock Shifts Gears, Declares AI The New 'Anchor For Returns' As Inflation Stays Sticky

BlackRock is recalibrating its investment strategy, moving away from traditional macro anchors towards “mega forces” like artificial intelligence, which they believe will be “durable drivers of returns” in both the near and long term.

Benzinga

Top 3 Consumer Stocks Which Could Rescue Your Portfolio In July

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

Benzinga

US Stocks Likely To Open Mixed As Trump Issues Tariff Letters: Experts Peg AI Investments As 'Durable Drivers Of Returns'

U.S. stock futures were fluctuating on Tuesday after trimming gains from their records on Monday. Futures of major benchmark indices were trading mixed.

Benzinga

Why ENDRA Life Sciences Shares Are Trading Higher By Over 61%; Here Are 20 Stocks Moving Premarket

Shares of ENDRA Life Sciences Inc. (NASDAQ:NDRA) rose sharply in pre-market trading after the company announced it will be granted a US patent titled “Radio Frequency Applicator”.

Benzinga

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Trump Manages Inflation Like 'Boss Running A Protection Racket,' Says Craig Shapiro: 'You Can Jawbone Walmart, But Not The Rent'

Craig Shapiro, a macro strategist at The Bear Traps Report, says that President Donald Trump’s approach to inflation management is not that unlike “running a protection racket,” one that is built on coercion and intimidation, rather than the use of monetary tools.

Benzinga

Elon Musk's Tesla Forced To Pay Nearly $18,000 In Model Y FSD Arbitration: 'Full Self-Driving Was Nowhere Near Autonomous'

Tesla Inc. (NASDAQ:TSLA) was forced to reimburse the $10,000 fee charged for its Full Self-Driving or FSD package to a Model Y owner, as well as an additional $7,975 for the arbitration process.

Benzinga

Apple Fights Back Against EU's $586 Million Fine, Says Penalty 'Far Beyond What The Law Requires'

Apple Inc. (NASDAQ:AAPL) has filed an appeal against the €500 million ($586 million) fine imposed by the European Union (EU) over alleged anti-competitive practices on its App Store.

Benzinga

After DeepSeek Scandal, OpenAI Locks Down Its Labs With Fingerprints, Firewalls, Ex-Palantir Security Chief: Report

Amid mounting fears of foreign espionage and alleged model theft by Chinese rival DeepSeek, ChatGPT-parent OpenAI has reportedly ramped up its internal security protocols.

Benzinga

Student Loan Forgiveness Faces New Restrictions Under Trump's PSLF Overhaul: Report

The Donald Trump administration is moving to significantly reshape the Public Service Loan Forgiveness (PSLF) program, aiming to restrict student loan cancellation for employees of organizations deemed to be engaged in “illegal activities.”

Benzinga

Is China Dodging US Tariffs? Direct Exports To America Plunge 43% As Vietnam And Indonesia See Big Spurts: Report

China’s exports to the United States have plunged over 43% year-over-year in May, representing a $15 billion drop in trade value, yet at the same time, China’s total exports have increased 4.8%, according to official figures, despite the trade and tariff-related turbulence.

Benzinga

Bill Ackman Bets Over 60% Of Pershing Square's Portfolio In These 4 Stocks: UBER, HHH And More

Pershing Square Capital Management, L.P., founded and led by the billionaire Bill Ackman, has a portfolio valued at $11.930 billion, which is concentrated in these four stocks as of the end of the first quarter of 2025.

Benzinga

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Benzinga

Beijing Rejects Elon Musk As A 'Geopolitical Asset': Lukewarm Response To Chinese Diplomatic Overreach, Trump Feud Reportedly Diminishes Musk's Value

Chinese officials have reportedly cooled on Elon Musk, the CEO of Tesla Inc. (NASDAQ:TSLA), as a potential geopolitical asset due to his public fallout with President Donald Trump.

Benzinga

Circle Shares Surge 92% Since NYSE Debut — Cathie Wood Highlights Ark's Successful Take On Stablecoin Issuer's IPO

Seasoned investor Cathie Wood on Monday praised an analyst from Ark Invest’s Digital Assets team for their successful take on Circle Internet Group, Inc. (NYSE:CRL) from a month ago.

Benzinga

Palantir Co-Founder Joe Lonsdale Wants A FDA Overhaul With Special Forces-Style AI Team Because China Is Racing To Outpace US In Biotech

On Monday, Palantir Technologies Inc. (NASDAQ:PLTR) co-founder Joe Lonsdale urged a tech-driven transformation of the Food and Drug Administration, warning that bureaucratic inertia is putting the U.S. behind China in the biotech race.

Benzinga

Trump's Tax Bill Axes The $7,500 EV Credit: Here's How You Can Still Claim It

President Donald Trump officially signed the Big Beautiful Bill into law on the Fourth of July and it officially ended the lucrative $7,500 Federal EV credit on all EV purchases. However, the credit is still in effect till September 30. Here's how you can still claim it on your new…

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Benzinga

Cathie Wood-Led Ark Launches Buffer ETFs For Its Flagship ARKK, Analyst Says It's Like Diet Soda — 50% Loss Protection, But There's A Catch

Cathie Wood's Ark Investment Management has filed plans to launch four new exchange-traded funds designed to offer downside protection for investors in its flagship ARK Innovation ETF (BATS:ARKK), while placing a cap on potential gains.

Benzinga

Anduril CEO Palmer Luckey Says 'Thank You' As Trump Resumes Ukraine Arms Shipments

Anduril Industries CEO Palmer Luckey publicly thanked President Donald Trump on Monday after the president announced resumed U.S. weapons shipments to Ukraine, marking a significant policy shift for the defense technology executive’s company.

Benzinga

Ross Gerber Slams 'Joke' Tesla Board As Elon Musk Returns To Politics, Dan Ives Says Musk Cannot Start Own Political Party 'And Remain CEO'

Veteran investors, like Gerber Kawasaki's co-founder, Ross Gerber and Wedbush Securities' Dan Ives, have criticized Elon Musk's return to politics and questioned the Tesla Inc. (NASDAQ:TSLA) Board of Directors (BOD) as company stock declined almost 7% in the last 24 hours.

Benzinga

Trump Memecoin Set To Launch On Tron Network Founded By Chinese-Born Billionaire Who Purchased Banana Duct-Taped To Wall For $6 Million

Official Trump (CRYPTO: TRUMP) meme coin teased its official launch on Justin Sun-founded Tron (CRYPTO: TRX) blockchain on Monday.

Benzinga

Trump's Letters To Japan And Korea Attract Criticism From Economists: Move Demonstrates 'Complete Lack Of Understanding Of Trade'

President Donald Trump's decision to impose 25% tariffs on imports from South Korea and Japan is drawing sharp criticism from economists who say the rationale behind the move is fundamentally flawed.

Benzinga

Kevin O'Leary Says Steve Jobs Was 'Not A Nice Guy' But Taught Him A Success Formula That Elon Musk Now Uses

Shark Tank investor Kevin O'Leary says he learned his most ruthless lesson in productivity three decades ago from Steve Jobs and he's still measuring entrepreneurs against it.

Benzinga

Dave Portnoy Drops $10 Million On Tesla: 'Hoping For 10% Bounce In 2 Weeks Or Less' From #CrazyElon Bet

Dave Portnoy, the founder and CEO of Barstool Sports, just announced a bold bet on Tesla Inc. (NASDAQ:TSLA), following a pullback in the company’s shares early this week.

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