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The Latest Breaking News from Benzinga

Bitcoin, Ethereum, XRP, Dogecoin Continue Relief Rally Off Saturday Lows

Crypto markets are ticking higher on Monday, with Ethereum notably outperforming Bitcoin on its bounce from weekend lows.

Benzinga

Tesla Says Retaining Elon Musk Is 'More Important Than Ever Before' As Company Kicks Off $29 Billion Compensation Process For CEO (UPDATED)

Editor’s Note: This story has been revised to include new information.

Benzinga

Trump's 'Big, Beautiful Bill' Is Investing $200 Billion In Medicaid, Not Cutting It, CMS Chief Says: 'But We Want An Appropriate...'

Dr. Mehmet Oz, the Administrator of the Centers for Medicare and Medicaid Services (CMS), discussed the impending changes to the Medicaid system and the escalating drug costs.

Benzinga

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Why CommScope Shares Are Trading Higher By Around 40%; Here Are 20 Stocks Moving Premarket

Shares of CommScope Holding Company, Inc. (NASDAQ:COMM) rose sharply in pre-market trading.

Benzinga

Stock Market Today: US Stocks Likely To Open Higher Despite Weak Jobs Report—Palantir, Vertex Pharma In Focus

U.S. stock futures are up on Monday after ending Friday deep in the red, following a disappointing jobs report by the Bureau of Labor Statistics.

Benzinga

McDonald's Bets Big On AI—From Smarter Orders To Personalized Apps Across 40,000 Worldwide Stores By 2027

McDonald’s (NYSE:MCD) has announced plans to significantly boost its artificial intelligence (AI) investments by 2027, with India playing a crucial role in its strategy.

Benzinga

Amazon Rival Temu Feels The Heat As Trump Kills De Minimis Loophole—Ends Free Ride For 1.3 Billion Parcels

President Donald Trump eliminated the global “de minimis exemption” last week, ending duty-free treatment for packages worth $800 or less entering the United States.

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Dave Ramsey's No-Nonsense Breakdown Of Medicare Vs Medicaid That Every American Should Know

In a post shared on his website in April, personal finance expert Dave Ramsey has called out the ongoing confusion around Medicare and Medicaid, offering a straightforward explanation that could help Americans avoid costly mistakes in retirement planning.

Benzinga

Coinbase CEO Brian Armstrong Defends UK-Ad Ban: 'If You Can't Say It, Then There Must Be A Kernel Of Truth In It'

Brian Armstrong, CEO of cryptocurrency exchange Coinbase Global Inc. (NASDAQ:COIN), responded on Sunday to the ban of the company’s alleged derogatory advertisement in the UK, saying that it was not meant to be a political statement.

Benzinga

Mark Cuban Slams Trump Over Firing Labor Chief, Shares What He Would've Done Instead: 'If It Were Me, I'd Say...'

Billionaire entrepreneur Mark Cuban recently expressed his views on President Donald Trump‘s decision to fire the Bureau of Labor Statistics Commissioner, Erika McEntarfer.

Benzinga

Trump, Mark Carney To Meet And Explore Potential Trade Deal, Says Canada: 'We're Prepared To Stick Around And Do The Work...'

In the wake of a 35% tariff imposed by the U.S. on non-USMCA goods, President Donald Trump and Canadian Prime Minister Mark Carney are set to meet for discussions, as per a Canadian official.

Benzinga

Elon Musk Slams Mark Zuckerberg's Hiring Spree, Says xAI Has More 'Growth Potential' Than Meta Without 'Insane' Salaries

Elon Musk, in a recent post, lauded the growth potential of his start-up, xAI and its merit-based compensation system, amid Meta Platform’s (NASDAQ:META) aggressive AI hiring spree.

Benzinga

Anthropic Injects AI With 'Evil' To Make It Safer—Calls It A Behavioral Vaccine Against Harmful Personality Shifts

Anthropic revealed breakthrough research using “persona vectors” to monitor and control artificial intelligence personality traits, introducing a counterintuitive “vaccination” method that injects harmful behaviors during training to prevent dangerous personality shifts in deployed models.

Benzinga

Moody's Chief Economist Warns US Economy On 'Precipice Of Recession' As Tariffs, Labor Shortages Trigger Market Selloff

Moody‘s Analytics Chief Economist Mark Zandi warned on Sunday that the American economy stands “on the precipice of recession” following last week’s disappointing economic data releases that sent major indexes tumbling.

Benzinga

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Dow Falls Over 500 Points Following Tariff Turmoil, Weak Jobs Data: Fear & Greed Index Moves To 'Neutral' Zone

The CNN Money Fear and Greed index showed further decline in the overall market sentiment, while the index moved to the “Neutral” zone on Friday.

Benzinga

Google Loses Epic Games Appeal As Court Orders Major Play Store Reforms Amid Antitrust Crackdown

Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has suffered a significant legal blow as a U.S. appeals court upheld a lower court ruling requiring the tech giant to overhaul its Play Store operations.

Benzinga

Gold To $3,500? Citi Thinks So—Bitcoin Hits $114K As Weak Jobs, Trump Tariffs Trigger Flight To Safety

Citigroup Inc. (NYSE:C) raised its three-month gold price forecast to $3,500 per ounce from $3,300 on Monday, citing deteriorating U.S. growth and inflation outlook.

Benzinga

Marjorie Taylor Greene Warn This As The 'Most Startling And Tragic Statistics,' Outlines 'The Ultimate Trifecta' Of Happiness And Security

Rep. Marjorie Taylor Greene (R-Ga.), on Monday, amplified a viral chart purporting to show that just 12% of 30-year-olds are both married and own a home, calling it "one of the most startling and tragic statistics I have seen."

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Benzinga

Japan Is In Love With These AI-Powered Pets: Moflins Learn, Bond, And Develop A Unique Personality Based On Owner's Care

A fluffy robot pet named Moflin is winning hearts across Japan, thanks to its lifelike behavior and ability to form emotional bonds by learning from its owner’s affection.

Benzinga

Trump's Trade War 'The Only Thing That Can Derail' A Strong US Economy, Says Steve Eisman — Tariff Story Is 'Far From Over'

Investor Steve Eisman, best known for betting against the housing market in the lead-up to the 2008 financial crisis, issued a sharp warning on what he sees as the single-biggest threat to the U.S. economy.

Benzinga

Meta Plans Data Center Asset Sale Worth Nearly $2 Billion To Fund Next Phase Of AI Development

Meta Platforms Inc. (NASDAQ:META) has decided to share the burden of its skyrocketing AI infrastructure costs by selling $2 billion in data center assets, as the company braces for capital expenditures that could exceed $100 billion in the coming years.

Benzinga

Tom Lee Says Fed's About To Pivot As Goldman Warns Of Largest Jobs Revisions Since 1968: 'Supportive Of Higher PE'

Fundstrat‘s Head of Research Tom Lee predicts a Federal Reserve policy pivot following Goldman Sachs’ warning about historic job data revisions, as July employment figures reveal the largest two-month downward adjustment outside recessions since 1968.

Benzinga

Trump's AI Czar Says Tech Behind Chatbots Won't Kill Jobs: 'Narrative Is Overhyped'

As debates over AI-driven job displacement intensify, Silicon Valley investor and economic commentator Balaji Srinivasan and White House AI and crypto czar David Sacks say the real story is that humans remain essential, guiding and verifying AI at both ends of the workflow.

Benzinga

Elon Musk Agrees With Cathie Wood: Tesla Is 'Largest AI Project On Earth' Amid Robotaxi Vision, Samsung Chip Deal Buzz

Tesla Inc. (NASDAQ:TSLA) is the world's most ambitious AI endeavor, according to ARK Invest CEO Cathie Wood, who predicts its autonomous vehicle efforts could generate trillions in revenue.

Benzinga

Mark Cuban Swipes At Chamath Palihapitiya's 'Oracle-Like Data Provider' Plan To Fix Non-Farm Payrolls, SPAC King Hits Back: 'No Need To Get Chippy'

Billionaire investor Mark Cuban is pushing back against venture capitalist Chamath Palihapitiya’s proposal to overhaul the Bureau of Labor Statistics' non-farm payrolls (NFP) report, calling out its impracticality.

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