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The Latest Breaking News from Benzinga

Tesla Offers Lease Buyout Option For All Models, Including Cybertruck, Despite Elon Musk's Robotaxi Ambitions: Is Autonomous Driving Further Away?

Tesla has begun offering lease buyouts for all its vehicle models, marking a shift from its previous strategy of retaining vehicles for a robotaxi fleet.

Benzinga

GOP Megadonor Ken Griffin Slashes Citadel's Palantir Stake By 91%, Bets Big On Nvidia As Jensen Huang-Led Company Rises Over 180% In 2024

GOP Megadonor Ken Griffin's fund Citadel Advisors LLC made a major shift within the AI-linked investment universe by slashing its stake in Palantir Technologies Inc. (NASDAQ: PLTR) and more than tripling its stake in Nvidia Corp (NASDAQ: NVDA), as per its third quarter 13F filings with the SEC.

Benzinga

Tesla Cybercab Spotted Testing In Giga Texas Facility

Tesla has been spotted testing the recently announced Cybercab at the Giga Texas facility.

Benzinga

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Nvidia's Next Big Catalyst? Analyst Sees Jensen Huang-Led Company's Stock Jumping 27% By Early 2025

Investors are eyeing a potential surge in Nvidia Corp. (NASDAQ:NVDA) stock, with analysts predicting a significant rise in the early days of 2025. The anticipation is fueled by expectations surrounding CEO Jensen Huang‘s keynote address at the event.

Benzinga

Microsoft's Xbox Game Store For Android 'Ready To Go Live,' Says Executive, But Legal Standoff With Google Halts Launch

Microsoft has developed its Xbox game store for Android but remains unable to launch the service due to ongoing legal complications, the company revealed Wednesday.

Benzinga

Joe Rogan's Bitcoin Pile Has Grown Over 30000% In Value, But He Hasn't Sold: Conviction-Based HODLing Or Has The Podcast King Lost His Keys?

Joe Rogan has become one of the world's most successful podcasters in recent years, with influential figures like tech mogul Elon Musk, boxing legend Mike Tyson, renowned whistleblower Edward Snowden, and President-elect Donald Trump appearing on his “The Joe Rogan Experience” show.

Benzinga

Tesla Cybertruck Crash In California Claims 3 Lives, Leaves 1 Seriously Injured

In a tragic incident early Wednesday, a Tesla Cybertruck crashed in Piedmont, California, resulting in three fatalities and one serious injury.

Benzinga

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Elon Musk's X Objects To Sale Of Infowars Accounts To The Onion, Claims Ownership Over Alex Jones's Social Media

Elon Musk's X has objected to the bankruptcy sale of Alex Jones's Infowars accounts to The Onion, citing terms of service that prevent the transfer of social media accounts without its approval.

Benzinga

Elon Musk's xAI Plans To 'Make Games Great Again' With AI-Driven Game Studio — Can His Vision Reshape A Gaming Industry Dominated By Large Corporations?

Elon Musk's AI startup, xAI, plans to launch an AI-driven game studio aimed at disrupting corporate-dominated gaming by focusing on creativity and innovation, challenging profit-driven models and enhancing player-driven experiences.

Benzinga

Nvidia Crushes Tesla In Stock Gains — Gary Black Explains Why The AI Chipmaker Occupies The No. 1 Position In Future Fund's Portfolio

Black explained why Nvidia remains the fund's top position while Tesla ranks fifth, focusing on the divergent paths of earnings estimates for both companies. He pointed out that Wall Street continues to raise earnings estimates for Nvidia while simultaneously reducing estimates for Tesla.

Benzinga

Crypto Analyst Flags Convertible Debt-Induced Liquidation Risk To Michael Saylor's MicroStrategy

Influential cryptocurrency analyst Willy Woo shared his perspective on the potential liquidation risk of MicroStrategy Incorporated (NASDAQ:MSTR), a firm whose aggressive Bitcoin (CRYPTO: BT

Benzinga

Symbotic, Unusual Machines, VCI Global, Pony AI, Tesla: Why These 5 Stocks Are On Investors' Radars Today

U.S. stock markets experienced a downturn on Wednesday, with the Nasdaq Composite dropping over 110 points to 19,070.48.

Benzinga

Bitcoin, Ethereum, Dogecoin Surge As Traders Raise Risk Appetite Ahead Of Thanksgiving: Analyst Sets Mid-Term Price Target For ETH At $6K

Leading cryptocurrencies rallied ahead of Thanksgiving, shrugging off sell-offs in the stock market.

Benzinga

Cathie Wood Buys Amazon, AMD Stock — Trims Palantir, Block Holdings Amid AI And Bitcoin Euphoria

On Wednesday, Cathie Wood-led Ark Invest made some notable trades. The most prominent among these were in Amazon.com Inc (NASDAQ:AMZN), Advanced Micro Devices Inc.

Benzinga

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Benzinga

The Perfect Trade For This AI "Short Squeeze"

Soundhound AI (SOUN) has high short interest, making it a target for a short squeeze. The butterfly trade allows for potential 600% profit.

Benzinga

Florida To Award 22 New Cannabis Licenses After 18-Month Wait—Legal Battles Ahead?

Florida awards 22 new medical cannabis licenses after 18 months, potentially sparking legal battles as patient numbers exceed 880,000.

Benzinga

Here's Why The Detroit Lions, Dallas Cowboys Always Have Thanksgiving Day NFL Games

The Detroit Lions and Dallas Cowboys always play on Thanksgiving Day. Here's the reason why and a look at this year's NFL matchups on the holiday.

Benzinga

Black Friday, Cyber Monday Shopping Set To Break Sales Records

Retailers are expecting a record-breaking Black Friday to Cyber Monday shopping period as cash-strapped consumers are expected to shop early in the holiday season for sales promotions and savings.

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Benzinga

Stock Of The Day: Autodesk Beats Earnings As Shares Find Support At This Level

Shares or Autodesk (ADSK) are trading lower despite beating earnings. Some investors are selling over concerns of reduced margins.

Benzinga

Canada Prepares Retaliatory Tariffs After Trump Threats: Analysts Warn Of Further Loonie Weakness

Canada prepares for potential tariffs on US goods following Trump's threats. Discussions underway to target certain items if tariffs are enacted.

Benzinga

Mexico President Claudia Sheinbaum To Trump: 'Neither Threats Nor Tariffs' Will Solve Your Fentanyl Crisis

Mexico: Sheinbaum tells Trump the fentanyl crisis needs cooperation, not tariffs, emphasizing U.S. public health and shared responsibilities.

Benzinga

Urban Outfitters Stock Surged Wednesday: What Happened?

Urban Outfitters, Inc. (NASDAQ: URBN) shares traded higher on Wednesday following the release of the company's third-quarter earnings report, which exceeded expectations. Here's what you need to know.

Benzinga

2025 Stock Playbook: Tap Into AI's $1 Trillion Potential, US Growth Opportunities

JPMorgan predicts U.S. as global growth leader by 2025 due to AI-driven spending and robust capital market activity. Stock picks include Amazon, Microsoft and more.

Benzinga

10 Insights About The US Economy For Thanksgiving Dinner Talk

Economists answer 10 pressing questions about the US economy, including why food is still expensive and why there hasn't been a recession.

Benzinga

The Hidden Cost Of Legal Weed: Why Marijuana Taxes Are Hitting Your Wallet Harder Than You Think

The structure and scope of legal weed taxes vary widely, often influencing market dynamics and consumer behavior.

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