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The Latest Breaking News from Benzinga

Taiwan Rejects US Proposal For 50-50 Chip Production Deal: 'Never Made Any Commitment'

Taiwan has declined a proposal from the United States for an equal split in semiconductor production, as confirmed by the island’s leading tariff negotiator.

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Government Shutdown A 'Pointless Spectacle,' Says Wolfers As El-Erian Warns of 'DOGE 2.0': What Economists Are Saying

As the U.S. government heads into another shutdown, prominent economists are weighing in with their takes, offering fresh warnings while expressing their frustrations.

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Government Shutdowns Have Meant Crypto Bloodbaths: Bad News Ahead For Bitcoin, Ethereum?

The U.S. federal government shut down at midnight, sending leading cryptocurrencies lower and raising concerns about the market’s short-term outlook.

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Government Shutdown Begins: Chuck Schumer, Bernie Sanders Slam Trump — Elizabeth Warren Warns, 'Your Health Care Premiums Could More Than Double'

The government shutdown that began Wednesday prompted sharp criticism from prominent Democrats, who accused Republicans and President Donald Trump of turning the impasse into a looming health care crisis.

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Dan Ives Announces International Tour To Promote World Network, Eightco Chair Targets $992 Million WLD Acquisition

Dan Ives, Chairman of Eightco Holdings Inc. (NASDAQ:OCTO), said Tuesday that the company is geared to acquire 800 million World Network (WLD) tokens as part of its “Power of 8” program.

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Trump Tariffs A '$2 Billion Headwind' For Ford, Says CEO Jim Farley: 'It Really Restricts Our Future Investment' (CORRECTED)

Editor’s Note: Story headline revised for clarity on CEO's remarks

Benzinga

Apple, Google And Meta Can't Escape Gambling Lawsuits, Judge Rejects Section 230 Shield In Landmark Ruling On Casino-Style Apps

Apple Inc. (NASDAQ:AAPL), Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Meta Platforms, Inc. (NASDAQ:META) will have to face lawsuits accusing them of profiting from illegal casino-style apps after a federal judge ruled Section 230 does not shield their payment processing practices.

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AST SpaceMobile Stock Surges After Hours Amid BlueBird Satellite Production Update

AST SpaceMobile Inc. (NASDAQ:ASTS) shares are trending on Wednesday.

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Trump Administration Withdraws Brian Quintenz's Nomination For CFTC Chair, Says President Prioritizes Making America 'Crypto Capital' Of The World

The Trump administration has pulled back the nomination of Brian Quintenz for the chair of the Commodity Futures Trading Commission, a White House official told Benzinga late Tuesday.

Benzinga

Mark Zuckerberg Goes On Social Media Blitz As $799 Meta Ray-Ban Display Glasses Hit Shelves At Select US Stores, Says Neural Band Feels Like 'Magic'

On Tuesday, Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg touted the company's new $799 Ray-Ban Display smart glasses, calling the Neural Band wrist controller "like magic" as the product begins rolling out in select U.S. stores.

Benzinga

Bitcoin, Ethereum, Dogecoin, XRP Drop Ahead Of Midnight Government Shutdown: Analyst Says We'll Be 'Trending Upwards' In Few Days

Leading cryptocurrencies mirrored stock futures’ decline on Tuesday as investors weighed the potential impact of an impending government shutdown.

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Lithium Americas, Nike, Pfizer, CoreWeave And Occidental Petroleum: Why These 5 Stocks Are On Investors' Radars Today

The U.S. stock market brushed aside worries over a potential government shutdown and advanced on Tuesday. The Dow Jones Industrial Average gained nearly 0.2% to 46,397.89, the SP 500 climbed about 0.4% to 6,688.46, and the Nasdaq rose 0.3% to 22,660.These are the top stocks that gained the attention of…

Benzinga

Trump's Budget Office Chief Directs 'Orderly Shutdown' Of Government: Blames Democrats' $1 Trillion 'Insane Policy Demands'

With just hours left to go before government funding lapses at midnight, the Director of the Office of Management and Budget, Russell Vought, instructed federal agencies to begin preparations for a shutdown.

Benzinga

Cathie Wood's China Bet: Ark Buys Alibaba's AI Surge And Baidu's Autonomous Future, Dump's Stock Of Crypto-Pivot Brera

On Tuesday, Cathie Wood-led Ark Invest made significant trades involving Baidu Inc. (NASDAQ:BIDU), Alibaba Group Holding Ltd. (NYSE:BABA), and Brera Holdings PLC (NASDAQ:BREA).

Benzinga

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Nvidia CEO Jensen Huang Calls Trump's $100,000 H-1B Visa Fee 'A Great Start' Amid Brain Drain Fears: 'What Country Has The Word Dream Behind It'

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang has backed President Donald Trump's plan to impose a $100,000 fee on new H-1B visa petitions, even as other business leaders and economists warn the policy could cripple America's ability to attract top global talent.

Benzinga

Nvidia, Meta Thriving On 'Middle-Class Rip-Off' As Power Costs Spiral 267% Amid AI Boom: Larry McDonald

Tech giants like NVIDIA Corp. (NASDAQ:NVDA), Microsoft Corp. (NASDAQ:MSFT) and Meta Platforms, Inc. (NASDAQ:META) are thriving amid what market strategist Larry McDonald calls a "middle-class rip-off," as electricity costs tied to AI data centers soar.

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Goodwill CEO Says They're Preparing For A Surge Of Jobless Young People Caused By AI. 'It's Going To Hit Low-Wage Workers Especially Hard'

Goodwill Industries is bracing for a wave of unemployed Gen Z workers, CEO Steve Preston recently said, as artificial intelligence makes it harder for young Americans to land jobs.

Benzinga

Shaq Launches New Sneaker Shaped Gummies, Gives Away Free Shoes

Shaquille O'Neal is a man of many talents, known for his time in the NBA, as an NBA commentator and as an investor.

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Dave Ramsey Says Children Have No Moral Or Ethical Obligation To Care For Their Parents. They Are 'Not Your Household'

During a recent episode of “The Ramsey Show,” a listener named Dennis from Florida challenged personal finance expert Dave Ramsey on a controversial statement he made about adult children supporting their parents financially.

Benzinga

Can You Guess The Age When People Are Their Happiest? Here's A Hint — It's Over 65

If you've ever wondered whether the best years are behind you, a team of researchers from Germany and Switzerland has some encouraging news: happiness doesn't peak in youth, but later in life. According to their sweeping study of more than 460,000 people across multiple countries and cultures, life satisfaction reaches…

Benzinga

Who Gets The Blame For A Government Shutdown, Republicans Or Democrats? Here's What Voters Say

The odds of a government shutdown on Oct. 1 have increased with Democrats and Republicans unable to reach a temporary or long-term solution.

Benzinga

Options Corner: Coca-Cola's Fizzled Out Stock Opens A Fresh Contrarian Case

In a market ecosystem accelerating toward artificial intelligence and other exciting innovations, there's not much room left for blue-chip giants like Coca-Cola Co (NYSE:KO). It's completely understandable given its legacy business and the fact that consumer tastes have shifted. Nevertheless, the underlying consistency of the KO stock price presents an…

Benzinga

Tesla Roadster Booking Canceled by Popular YouTuber MKBHD: 'Tesla Has Been Sitting With My 50 Grand For Eight Years'

Benzinga

Oklo Stock Is Sliding Tuesday: What's Going On?

Shares of Oklo Inc (NASDAQ:OKLO) are trading lower Tuesday after Bank of America Securities downgraded the nuclear energy company from Buy to Neutral, citing valuation concerns. Here’s what investors need to know.

Benzinga

Mark Cuban Reacts To The Idea Of The Ellison And Murdoch Families Controlling TikTok's Algorithm. He Warns New Cooks Might Destroy The Soup

Billionaire entrepreneur Mark Cuban shared his thoughts recently on the possibility of TikTok’s U.S. operations falling under the control of Oracle (NYSE:ORCL) Executive Chairman Larry Ellison, Fox (NASDAQ:FOX, FOXA)) CEO Lachlan Murdoch and Dell Technologies (NYSE:DELL) CEO Michael Dell warning that the platform’s success could unravel if mishandled.

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