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The Latest Breaking News from Benzinga

Reddit Q2 Revenue Jumps 78%—Analysts Remain Cautious Despite The Surge

Reddit Inc.‘s (NYSE:RDDT) recent stock surge highlights a broader trend of tech companies outperforming expectations this earnings season, driven by robust user engagement and advertising growth. This momentum sets the stage for a detailed analysis of Reddit’s financial performance and the varied reactions from industry analysts.

Nvidia, Broadcom, Marvell Lead Chip Stock Slide After Trump Hits China, Taiwan With New Tariffs

Nvidia, Broadcom, Marvell Lead Chip Stock Slide After Trump Hits China, Taiwan With New Tariffs

Artificial intelligence chip stocks including NVIDIA Corp. (NASDAQ:NVDA), Advanced Micro Devices Inc (NASDAQ:AMD), Broadcom Inc (NASDAQ:AVGO), Arm Holdings PLC-ADR (NASDAQ:ARM), Marvell Technology Inc (NASDAQ:MRVL), Micron Technology Inc (NASDAQ:MU), Lam Research Corp (NASDAQ:LRCX), Taiwan Semiconductor Manufacturing Co (NYSE:TSM), Super Micro Computer Inc (NASDAQ:SMCI) are trading lower on Friday as the Trump…

LyondellBasell Defers Projects, Optimizes Portfolio To Weather Extended Cyclical Downturn

LyondellBasell Defers Projects, Optimizes Portfolio To Weather Extended Cyclical Downturn

LyondellBasell Industries N.V. (NYSE:LYB) on Friday reported mixed second-quarter 2025 financial results. Its adjusted earnings missed Wall Street estimates despite revenue topping expectations.

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Dodging Fees And Saving Cash: The Rise Of Free Trial Hacking In Personal Finance

For those serious about saving a buck or two, there's no practice that's too extreme. From cutting coupons for groceries to joining an absurd number of loyalty programs for the freebies, there's little these bargain-hunters wouldn't do in the name of keeping more cash in hand.

Monolithic Power Systems, Workiva, Interface, AppFolio And Other Big Stocks Moving Higher On Friday

U.S. stocks were lower, with the Dow Jones index falling around 500 points on Friday.

LENZ Therapeutics' Eye Drop Scores First FDA Approval For Age-Related Blurred Vision Condition Impacting 128 Million People

On Thursday, the U.S. Food and Drug Administration approved LENZ Therapeutics, Inc.’s (NASDAQ:LENZ) VIZZ (aceclidine ophthalmic solution, previously known as LNZ100) 1.44%, the first and only FDA-approved aceclidine-based eye drop for presbyopia in adults.

Exxon Mobil Hits Record Production, CEO Reaffirms Hunt For Value-Driven Deals

Exxon Mobil Corporation (NYSE:XOM) announced on Friday its second-quarter 2025 earnings of $7.1 billion, or $1.64 per share, exceeding analyst estimates of $1.47. The company’s total revenues of $81.51 billion also surpassed the consensus forecast of $79.34 billion.

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Nasdaq Dips Over 2%; Apple Earnings Top Views

Nasdaq Dips Over 2%; Apple Earnings Top Views

U.S. stocks traded lower this morning, with the Nasdaq Composite dipping more than 2% on Friday.

An Engineer Moved To A Less Expensive City For A Better Life And Got Judged For It. 'Straight Up Disdain' Is How He Describes The Reactions

An Engineer Moved To A Less Expensive City For A Better Life And Got Judged For It. 'Straight Up Disdain' Is How He Describes The Reactions

After relocating from Portland, Oregon, to a medium-cost-of-living city, one engineer and his wife thought they’d made a smart move. The area had better job opportunities, more affordable housing, and offered a quality of life that big coastal cities couldn’t match.

Apple To Rally Around 16%? Here Are 10 Top Analyst Forecasts For Friday

Apple To Rally Around 16%? 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.

Magna Raises Outlook Despite Persistent Industry Challenges

Magna Raises Outlook Despite Persistent Industry Challenges

Magna International (NYSE:MGA) shares gained on Friday after the second-quarter fiscal 2025 earnings. The auto parts maker reported a quarterly revenue decline of 3% year-on-year to $10.63 billion, beating the analyst consensus estimate of $10.08 billion.

'10 Out Of 10 On The Smartness Scale': Wellington's Matt Witheiler Backs Cacioppo's $4.15B Vanta

'10 Out Of 10 On The Smartness Scale': Wellington's Matt Witheiler Backs Cacioppo's $4.15B Vanta

In a stunning show of investor confidence, Vanta has just netted a $150M Series D that catapults its valuation to $4.15B, even though it didn't need the cash.

Shiba Inu Celebrates Its 5th Birthday With Burn Rate Spiking To 5,800%

Shiba Inu Celebrates Its 5th Birthday With Burn Rate Spiking To 5,800%

Shiba Inu (CRYPTO: SHIB) marked its fifth anniversary with renewed bullish sentiment, as on-chain activity and burn data point to a potential breakout.

Putin Disregards Trump's Sanctions Deadline, Touts War Gains On Ukraine: 'Disappointments Arise From Inflated Expectations'

Putin Disregards Trump's Sanctions Deadline, Touts War Gains On Ukraine: 'Disappointments Arise From Inflated Expectations'

Russian President Vladimir Putin has indicated that there will be no shift in Russia’s stance on the Ukraine conflict, despite the looming sanctions deadline set by President Donald Trump.

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Anthropic CEO Slams Nvidia's Jensen Huang Claim As 'Outrageous Lie,' Says He's Not Trying To Control AI

Anthropic CEO Dario Amodei has vehemently denied allegations made by Nvidia (NASDAQ:NVDA) CEO Jensen Huang that he is attempting to dominate the AI industry.

Mastercard To Enable Stablecoins As Settlement Currencies As It Touts Open Banking For Fraud Prevention: 'We See It As Another Currency'

Mastercard Inc. (NYSE:MA) is charting a new course for the digital economy, and it’s a future where open banking and stablecoins are at the core. This includes the potential for stablecoins to act as settlement currencies, as the company states it sees them as just another form of money.

Regeneron's Pipeline Hit By Catalent Delays, But Dupixent Shines

On Friday, Regeneron Pharmaceuticals Inc. (NASDAQ:REGN) reported second-quarter adjusted earnings of $12.89 per share, up 12% year-over-year, beating the consensus of $8.57.

Warren Buffett Said Social Security Should Never Be Cut — Now Retirees Face Losing $18,000 A Year Unless Congress Moves Before The Clock Runs Out

Warren Buffett doesn't toss around warnings lightly. But at the 2005 Berkshire Hathaway annual meeting, he made one of his most direct moral declarations: "Anything that would take Social Security payments below their present guaranteed level is a mistake."

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Labor Market Is Cracking–And Trump Now Threatens Fed Takeover

The U.S. labor market just offered the first major reality check on President Donald Trump's tariff-driven economic uncertainty—and it's not the message investors or the White House were hoping for.

Wall Street's Most Accurate Analysts Weigh In On 3 Health Care Stocks With Over 3% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Colgate-Palmolive's Outlook Remains Cautious As Restructuring Plans Take Shape

Colgate-Palmolive Company (NYSE:CL) is brushing up its future with a bold 2030 plan, even as it takes on up to $300M in restructuring charges.

Moderna's Key Patent Win Overshadowed By Gloomy Outlook

Moderna Inc. (NASDAQ:MRNA) reported on Friday a second-quarter loss of $2.13 per share, beating the consensus of a $2.98 loss, an improvement from a loss of $3.33 a year ago.

Top 3 Real Estate Stocks That May Rocket Higher In August

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

Bitcoin Slides To $115,000, Ethereum, XRP, Dogecoin Attempt Bounce On Rate Cut Hopes

Cryptocurrency markets are down on Friday morning but rebounding after a weak jobs report sparked hopes for a September rate cut by the Federal Reserve.

Chevron Achieves Record Production, Sees Future Growth After Hess Deal

Chevron Corp. (NYSE CVX) on Friday reported second-quarter 2025 results, with adjusted earnings and sales surpassing Wall Street estimates despite a decline in reported net earnings.

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