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The Latest Breaking News from Benzinga

Palantir Stock Climbs Nearly 2% In Thursday Pre-Market: What's Going On?

Shares of Palantir Technologies Inc. (NASDAQ:PLTR) climbed 1.58% in Thursday pre-market after it signed a strategic deal worth billions with the U.K. government.

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MediaTek Adopts Taiwan Semiconductor 2nm Breakthrough For Flagship Chip

Taiwan Semiconductor Manufacturing Co. (NYSE:TSM), the world’s leading contract chipmaker, is enabling its long-term partner, MediaTek, to adopt its most advanced 2-nanometer (nm) process for an upcoming flagship system-on-a-chip (SoC). This collaboration underscores a major technological leap for both companies.

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Banks See Gold Rally Continuing As Fed Shifts Focus To Labor Market Risks

UBS and Deutsche Bank both upgraded their forecasts on gold, raising price forecasts as the Federal Reserve resumes easing, central bank demand remains robust, and the U.S. dollar faces downward pressure.

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Tesla Chair Robyn Denholm Calls Elon Musk 'Once-In-A-Generation Visionary' In New Message To Shareholders: 'Elon Only Gets Compensated...'

Tesla Inc.'s (NASDAQ:TSLA) Robyn Denholm, who serves as the Chairperson of the EV giant's board of directors, has hailed CEO Elon Musk in her latest message to the company's shareholders.

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Airbnb's Brian Chesky Agrees That Current AI Is 'Overrated,' Predicts 'Sudden' Changes Next Decade

Airbnb CEO Brian Chesky expressed his belief that daily life will remain relatively unchanged by artificial intelligence (AI) in the coming decade. However, he predicts a significant shift in the following decade.

Benzinga

Oracle's Big AI Bet Faces Credit Risk, Rating Agency Warns

Oracle (NYSE:ORCL) stock continues to spur investor optimism, buoyed by its artificial intelligence deals.

Benzinga

Families Sue Boeing And Honeywell Over Catastrophic Air India Crash

Boeing Co. (NYSE:BA) is facing renewed legal challenges after families of victims from a deadly crash in India filed suit against the aerospace giant and Honeywell International Inc. (NASDAQ:HON).

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Munster Says Meta Will 'Get Heat' For AI Glasses Demo Glitches But Praises Mark Zuckerberg For 'Doing It Live' At Connect 2025: Here's What Happened

On Wednesday, at Meta Platforms, Inc.'s (NASDAQ:META) Connect 2025 event, Mark Zuckerberg's live demos of new AI-powered glasses stumbled twice onstage, prompting analyst Gene Munster to warn of backlash while applauding the CEO's willingness to showcase products in real time.

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American Homeowners Lose $9,200 In Equity As Rising Interest Rates Cool Housing Market, But $17.5 Trillion Cushion Signals Reset Not Collapse

American homeowners saw their equity dip by an average of $9,200 over the past year as rising interest rates cooled the housing market, but experts say the decline is more of a reset than a collapse.

Benzinga

Alphabet CEO Sundar Pichai Reacts As Jensen Huang Goes Bananas For Google Gemini's Nano Banana: 'How Good Is That'

Nvidia Corp.’s (NASDAQ:NVDA) CEO Jensen Huang's playful praise of Google Gemini's "Nano Banana" AI image tool drew a lighthearted response from Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) CEO Sundar Pichai, even as analysts project a multi-trillion-dollar boom in AI data center demand by 2030.

Benzinga

Stock Market Today: S&P 500, Nasdaq Futures Rise Following Fed Rate Cuts— Nvidia And Intel In Focus After $5 Billion Investment Deal (UPDATED)

Editor’s Note: The future prices of benchmark tracking ETFs, the lede, and the latest economic releases were updated in the story.

Benzinga

Ross Gerber Doubles Down On Waymo Praise, Says Robotaxi Has Been 'Solved:' 'Tesla Falls Further Behind'

Gerber Kawasaki's co-founder Ross Gerber has doubled down on his praise for Alphabet Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) autonomous cab service Waymo amid a Robotaxi push in the U.S.

Benzinga

Why Bullish Shares Are Trading Higher By 12%; Here Are 20 Stocks Moving Premarket

Shares of Bullish (NYSE:BLSH) rose sharply in pre-market trading after the company posted a profit for the second quarter after Wednesday's closing bell.

Benzinga

Apple's Foldable iPhone Coming Soon? Tim Cook's Company Reportedly Testing Production In Taiwan

Apple Inc. (NASDAQ:AAPL) is reportedly considering the possibility of test-producing foldable iPhones in Taiwan.

Benzinga

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This YouTube Rival Looks Set To Surge Amid Big Spikes In Its Momentum Score — 2 Other Tech Stocks See Similar Gains

A prominent tech stock, often considered a rival of Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) popular video-sharing platform, YouTube, is seeing its Momentum scores surge in Benzinga’s Edge Stock Rankings, along with two other tech companies.

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Fed Rate Cut: What It Means For Your Mortgage, Crypto Investments, Savings Account, Auto Loan And Student Loan

The Federal Reserve cut interest rates for the first time in 2025, which could impact mortgage rates, bond yields, and boost crypto. The move will ripple across consumer finances, affecting mortgages, credit cards, student loans, auto loans, and savings accounts.

Benzinga

Trump Celebrates ABC's Cancellation Of Jimmy Kimmel's Show—Anthony Scaramucci Says 'Both Fired By...'

President Donald Trump applauds ABC News’ decision to cancel ‘The Jimmy Kimmel Show’, criticizing the show’s ratings and host’s talent in a recent post.

Benzinga

'This Is an Abusive Relationship:' Dave Ramsey Confronts Caller's Harrowing Story Of Financial, Emotional Control

On the Wednesday episode of The Ramsey Show, financial expert Dave Ramsey confronted a caller's abusive situation, urging her to seek immediate help after revealing years of financial and emotional control by her husband.

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Cracker Barrel CEO Julie Masino Says, 'Will Not Proceed With These Modern Stores' — Hits Pause On $700 Million CapEx Plan After Remodelling Backlash

Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) is pausing its long-term capital investment strategy following guest backlash over recent store remodels and a rebranding effort that led to an 8% decline in foot traffic.

Benzinga

S&P 500 Historically Returns Over 16% In Year Two Of Fed Easing Cycle, But Only If 'Recession Is Averted'

As the Federal Reserve embarked on the second year of its rate-cutting cycle after its last cut in September 2024, historical data points to potentially significant gains for the SP 500, with an average return of over 16% in the second year following initial cuts.

Benzinga

Gene Munster Says Meta's $65 Billion AR/VR Bet Shows Hardware, Software, AI Integration Is 'Really Hard,' Giving Apple More Time On AI

On Wednesday, Gene Munster said Meta Platforms Inc.'s (NASDAQ:META) Connect 2025 keynote underscored the challenges of combining hardware, software and AI — and that Apple Inc. (NASDAQ:AAPL) has more breathing room than investors think.

Benzinga

Dow Jumps Over 250 Points As Fed Cuts Rates: Investor Sentiment Edges Lower, Fear Index Remains In 'Greed' Zone

The CNN Money Fear and Greed index showed a slight decline in the overall market sentiment, while the index remained in the “Greed” zone on Wednesday.

Benzinga

Fed Dot Plot Reveals Shallow Easing Path For 2026; Experts Say Don't Expect 'Many More Reductions' As Split Of Dots Is 'Something To Behold'

The Federal Reserve's latest economic projections reveal a surprisingly shallow path for interest rate cuts in 2026, signaling that the policy will remain restrictive as the central bank contends with a resilient economy and sticky inflation.

Benzinga

Trump's 'Sock Puppet' At The Fed, Says Elizabeth Warren On Stephen Miran's Dissenting Vote: 'Intended To Send A Signal,' Says This Economist

Federal Reserve Governor Stephen Miran's dissent during Wednesday's FOMC meeting has drawn mixed reactions from economists and politicians alike.

Benzinga

Chuck Schumer Unveils 'Real Plan' To Stop Government Shutdown: 'Democrats Want To Meet The American People's Needs'

On Wednesday, Senate Majority Leader Chuck Schumer (D-N.Y.) unveiled a legislative plan aimed at funding the government and shielding millions of Americans from rising healthcare costs, warning that Republican inaction could trigger a government shutdown.

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