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The Latest Breaking News from Benzinga

Meta Earnings Prediction Market Preview: Kalshi Traders Bet on the Cloud, Not the Llama

Meta Platforms (NASDAQ:META) reports second-quarter earnings after the bell today, with analysts expecting $7.23 per share on revenue of around $60.3 billion.

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SK Hynix Just Had Its Best Quarter Ever: The Stock Is Down 53% From Peak

SK hynix Inc. (NASDAQ:SKHY) earned more in three months than it did in all of 2025. Its shares are on track for their worst month since 2002.

Benzinga

Top US Commander Reportedly Warns Troops' Cellphone Videos and Social Media Posts Are Handing Iran Battle Intelligence 'Free of Charge'

The top U.S. commander in the Middle East has reportedly warned that cellphone videos and social-media posts by troops are helping Iran assess attacks on American bases, prompting consideration of tighter phone restrictions.

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Fed Meeting Prediction Market Preview: What Will Kevin Warsh Say?

Two weeks ago, a Federal Reserve rate hold on Wednesday looked like a lock.

Benzinga

Zelenskyy Asks Trump for 300 Patriot Interceptors as Ukraine Faces Critical Winter Missile Shortage— Here's What the US Promised

Ukrainian President Volodymyr Zelenskyy said he asked President Donald Trump for an emergency winter package of Patriot air defense interceptors to protect Ukraine’s energy infrastructure from Russian attacks.

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Citadel Securities' Surprise Fed Rate Hike Call Revives Decade-Old Kevin Warsh-Ben Bernanke Feud: 'This Is Bravo TV for Bond Nerds'

Citadel Securities‘ bold forecast that the Federal Reserve will deliver a surprise interest rate hike has Wall Street buzzing—not just for its hawkish economic stance, but for the ironic historical connection it highlights between current Fed Chair Kevin Warsh and former Chair Ben Bernanke.

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Elizabeth Warren Offers a 'Theory' on Why Trump Refused To Sign Bipartisan Housing Bill: 'No Gold Statues...No Gold Bars'

Sen. Elizabeth Warren (D-Mass.) suggested she has a “theory” behind why President Donald Trump declined to sign a bipartisan housing bill that later became law anyway.

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This Top Homebuilder's CEO Just Said the Housing Market Is 'Pretty Good'— Even as Revenue Fell 11%

PulteGroup, Inc. (NYSE:PHM) CEO Ryan Marshall said that the U.S. housing market remains stronger than many believe, pointing to broad-based demand across buyer segments and continued momentum in Florida despite affordability pressures.

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Jim Cramer Slams 'SK Hijinx' as SKHY's Record Earnings Meet Brutal Stock Crash: 'We Will Rue the Day We Let This Monster Into Our Markets...'

CNBC host Jim Cramer has sounded the alarm on SK Hynix Inc. (NASDAQ:SKHY), labeling the South Korean memory giant a "Monster" that is destabilizing global markets as retail margin calls and leveraged gambling overshadow strong chip fundamentals during July’s severe semiconductor rout.

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Trump Administration Pulls the Plug on a Medicare Subsidy That Cut Drug Premiums— Oz Says the 'Bailout' Is Over as Seniors Brace for 2027 Hikes

The Centers for Medicare & Medicaid Services (CMS) announced Tuesday it will end the Medicare Part D Premium Stabilization Demonstration after the 2026 plan year, ending a federal subsidy program that has helped keep prescription drug premiums lower and could result in higher costs for some seniors beginning in 2027.

Benzinga

Stock Market Today: Dow Futures Slip, S&P 500, Nasdaq 100 Rise as Investors Await Federal Reserve's Decision On Interest Rates—Ford, Bloom, Microsoft in Focus (UPDATED)

(Editor’s note: The lede, headline, futures and ETFs data were updated.)

Benzinga

Top Analyst Predicts Gas Prices Are About to Hit a Record High By This Date— And Iran's Latest Missile Attack Won't Help

Patrick De Haan warned U.S. gasoline prices could stay above $4 per gallon beyond August 8 for the first time on record, calling the potential milestone concerning.

Benzinga

Boeing Aircraft Operated by US Government Contractor Linked to Weapons, Drone Transport for Sudan's RSF: Report

Boeing Co. (NYSE:BA) aircraft linked with a U.S. government contractor were reportedly found to have transported drones, weapons and mercenaries for Sudan’s Rapid Support Forces (RSF), according to United Nations experts.

Benzinga

Jared Kushner's Brother Is Poised to Lead a $20 Billion FIFA World Cup Venture That Has UEFA Furious: 'None of Us Are the Owners of Football...'

FIFA’s plan to build a $20 billion commercial company around the World Cup has pulled the Kushner family into a political controversy, with Joshua Kushner’s Thrive Eternal expected to lead a private investor group and UEFA warning that football’s "soul and governance" are not for sale.

Benzinga

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Bernie Sanders Says '60% of Our People Live Paycheck to Paycheck,' Pushes Back on Trump's 'Amazing Economy' Claim: 'God Help Us'

Sen. Bernie Sanders (I-Vt.) pushed back against President Donald Trump’s optimistic assessment of the U.S. economy, arguing that millions of Americans continue to struggle with rising living costs, inadequate health coverage and housing insecurity.

Benzinga

Meta CEO Mark Zuckerberg Says Chinese AI Model Ban Not an 'Effective Solution', Calls for Fewer Barriers: 'There's...This Question of Regulatory Capture'

Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg said the U.S. should not block Chinese AI models to gain a competitive edge, warning that regulations pushed by leading American AI labs could stifle domestic competition.

Benzinga

Trump Questioned Netanyahu’s Iran Warnings Before Their White House Sit-Down, but Israeli PM Emerged Praising an ‘Excellent’ Meeting

President Donald Trump questioned Israeli Prime Minister Benjamin Netanyahu’s warnings about Iran hours before their White House meeting Tuesday, but Netanyahu emerged from the 90-minute talks describing an "excellent" discussion grounded in "full partnership" and "mutual support."

Benzinga

Anthony Scaramucci Slams Trump's GOP Influence, Says 'It's All About Me' Even After Presidency

Former White House communications director Anthony Scaramucci criticized President Donald Trump’s influence over the Republican Party, arguing that Trump’s focus on personal legacy could outweigh concerns about the party’s future.

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Peter Schiff Says the AI Bubble Has 'a Lot More Air' Left to Come Out Amid SPCX Decline

Economist Peter Schiff has reaffirmed his view that the U.S. stock market is in the midst of an artificial intelligence-induced bubble, as Elon Musk-led Space Exploration Technologies Corp. (NASDAQ:SPCX) continues its downward trend.

Benzinga

KOSPI Sinks Over 12% in Worst Two-Day Drop Ever as AI Chip Sell-Off Deepens After SK Hynix Misses Expectations

South Korea’s benchmark KOSPI index plummeted another nearly 6% on Wednesday, extending a brutal semiconductor sector selloff that was aided by SK Hynix Inc.‘s (NASDAQ:SKHY) profit miss, despite record-breaking second-quarter financial results. The index has slipped over 33% in July and posted the worst two-day fall in history.

Benzinga

Mark Cuban Says Nvidia Is the IPO 'Funding Everyone and Anyone,' but AI Financing Isn't Bulletproof: 'One Breakthrough... Could Crumble It'

Billionaire investor Mark Cuban on Tuesday compared Nvidia Corp.‘s (NASDAQ:NVDA) role in the artificial intelligence boom to the IPO frenzy of the dot-com era, warning that a single breakthrough by a rival chipmaker or a misstep “could crumble” the market.

Benzinga

Trump Admits His New Tariffs Achieve the Same Goal as the Ones the Supreme Court Struck Down— Just 'A Harder Way'

President Donald Trump said that his administration’s newly imposed U.S. tariffs are effectively the same as the tariffs the Supreme Court ruled illegal earlier this year.

Benzinga

Michael Burry Warns Nvidia's 'Overreaching' Is Pushing Circular Spending to 'Biblical Proportions' Amid Surge in Credit Default Swaps

‘Big Short’ investor Michael Burry is sounding the alarm on Nvidia Corp. (NASDAQ:NVDA), claiming the AI giant’s strategic financial “overreaching” has escalated its “circular spending” to “biblical proportions,” which he argues is driving a massive spike in the company’s credit default swap risks.

Benzinga

Chuck Schumer Says Trump Instead of Standing With Ukraine 'Tried and Failed' to Pander to Russia

Senate Minority Leader Chuck Schumer (D-N.Y.) criticized President Donald Trump’s approach toward Russia as lawmakers prepared to vote on new sanctions aimed at weakening Moscow’s ability to sustain its war against Ukraine.

Benzinga

Bernie Sanders Asks Elon Musk to Back a 5% Wealth Tax if He Truly Believes 'Money Won't Matter' in 2036

Sen. Bernie Sanders (I-Vt.) on Tuesday challenged Elon Musk to support a 5% tax on billionaires’ wealth if the Tesla Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp (NASDAQ:SPCX) CEO truly believed “money won’t matter” in 2036.

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