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The Latest Breaking News from Benzinga

Ross Gerber Gives Waymo An 'A,' Uber Hit With Disability Lawsuit, Global EV Sales Jump 15% — This Week In Mobility

The weekend was a whirlwind of activity in the business world. From a surge in global electric vehicle sales to a federal lawsuit against Uber, there was no shortage of headlines. Here’s a quick recap of the top stories that made waves over the weekend.

Benzinga

Consumer Tech News (September 8 – September 12): Rally Rolls On As iPhone 17 Underwhelms, Microsoft Bets On AI Chips, Oracle Reports Q1

Wall Street marched higher like it had somewhere to be, fueled by faith in looming Fed rate cuts.

Benzinga

FDA Approves Hypertension Alerts On Apple Watch, iPhone Air's Chinese Launch Delayed And More: This Week In Appleverse

It was an eventful week for Apple Inc. (NASDAQ:AAPL), with significant developments in the tech giant’s product line and regulatory approvals. Here’s a quick look at the key stories that unfolded over the weekend.

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Palantir Co-Founder Rips Intel Deal, Apple Watch Wins FDA Nod, iPhone Air Stalls In China — This Week In Tech

The past week has been a whirlwind of tech news, with major players like Palantir Technologies, Intel Corp, and Apple Inc. making headlines. From concerns over government equity stakes to new health features on smartwatches, the tech industry continues to evolve and surprise.

Benzinga

Elon Musk's Two-Word Response, Trump Administration's Patent Share, Palantir CEO's China Warning And More: This Week In Politics

It’s been an eventful week, with some of the most influential figures in the business world making headlines. Here’s a quick recap of the top political stories you might have missed.

Benzinga

Google Sued By Rolling Stone, Billboard Owner Penske Media Over AI Overviews Feature

Penske Media, owner of Rolling Stone, Billboard, and Variety, has filed a lawsuit against Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google over the use of AI-generated summaries.

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Charlie Munger Warns Investors: If You Can't Handle Market Swings, 'You Deserve The Mediocre Result'

Legendary investor and Berkshire Hathaway vice-chairman Charlie Munger emphasized the importance of staying calm during market volatility, calling downturns "opportunities for long-term wealth building."

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Mortgage Bankers Association Voices Concerns With Trump's Plans For Fannie Mae, Freddie Mac Merger

The Mortgage Bankers Association (MBA) has voiced its concerns regarding the potential merger of Federal National Mortgage Association (OTC:FNMA) or Fannie Mae, and Federal Home Loan Mortgage Corp. (OTC:FMCC) or Freddie Mac. This comes as the Trump Administration considers substantial changes to the conservatorship of these government-sponsored enterprises (GSEs), which…

Benzinga

Tesla's Stock Surge Driven By Anticipated Q3 Delivery Outperformance, Says Gary Black: 'Let's Not Kid Ourselves'

Amid a backdrop of fluctuating sales figures, Tesla Inc. (NASDAQ:TSLA) is witnessing a notable rise in its stock value, fueled by expectations of surpassing third-quarter delivery targets, according to Gary Black, Managing Partner at The Future Fund LLC.

Benzinga

Apple Dominates With iPhone 17 Pre-Orders In China, Delays iPhone Air Launch Over eSIM Approval

Apple Inc. (NASDAQ:AAPL) saw its entry-level iPhone 17 model dominate pre-orders on China’s JD.com platform, with the 256GB configuration receiving the most orders among all new iPhone models after pre-orders launched on Friday.

Benzinga

Lisa Cook Fights Trump's Attempted Firing As Documents Show Condo Labeled 'Vacation Home,' Raising Questions About Mortgage Allegations

Federal Reserve Governor Lisa Cook is challenging President Donald Trump's effort to remove her after documents surfaced indicating one of her properties was listed as a vacation home, casting doubt on allegations of mortgage misrepresentation.

Benzinga

Eric Jackson Taps Drake For Celebrity Marketing To Fuel Opendoor's Growth Following Leadership Overhaul

Hedge fund manager Eric Jackson targets Canadian rapper Drake as a catalyst for Opendoor Technologies Inc. (NASDAQ:OPEN). Jackson filmed promotional videos outside Drake’s Toronto home, urging celebrity investment in the “OPEN Army.”

Benzinga

Opendoor Chairman Keith Rabois Calls Company 'Bloated,' Says Only 200 Of 1,400 Employees Needed: Promises Merit-Driven Overhaul

Returning to the Opendoor Technologies Inc. (NASDAQ:OPEN) board as chairman, Keith Rabois outlined a sweeping plan to slash the workforce and overhaul the company's culture.

Benzinga

Trump's Push To Fire Fed Governor Sparks Legal Showdown: 'Era Of Fed Independence Would Be Over'

Federal Reserve Governor Lisa Cook is fighting the President Donald Trump administration in court after an emergency bid sought to remove her from the central bank ahead of a pivotal interest rate decision.

Benzinga

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Moody's Chief Economist Mark Zandi Warns Fed Faces High Bar To Avoid Rate Cuts As Weak Jobs Trump Inflation Risks Ahead Of CPI Report

Moody's Analytics Chief Economist Mark Zandi said the Federal Reserve is more likely to cut rates next week despite inflation running above target, citing a stalled labor market and rising recession risks.

Benzinga

Goldman Sachs Warns An AI Slowdown Can Tank The Stock Market By 20%

Artificial intelligence has propelled the stock market to all-time highs, but Goldman Sachs (NYSE:GS) recently warned that once AI spending slows down, the stock market can tank by 20%. A research note from Goldman Sachs Analyst Ryan Hammond cited the danger of hyperscalers inevitably cutting back on AI expenditures, according…

Benzinga

A Family Debates Cutting Their Troubled Son Out Of The Will. Dave Ramsey Warns, Financing Bad Choices 'From The Grave' Helps No One

A man from Georgia recently called into “The Ramsey Show” to ask a painful but honest question: Is it appropriate to cut one of your children out of your will if you’re worried the money will be misused?

Benzinga

IRS Extends EV Tax Credit Window: Can You Still Qualify Before Sept. 30?

Electric vehicle purchases have long been eligible for a federal tax credit of up to $7,500. That is changing on Sept. 30 thanks to the One Big Beautiful Bill Act, which eliminated the credit.

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Utah Governor After Kirk Killing: 'Social Media Is A Cancer On Our Society Right Now'

Utah Gov. Spencer Cox called on Americans to reject political violence and embrace unity following the killing of conservative activist Charlie Kirk at a university event in Orem, Utah.

Benzinga

Trump Forewarns Of Massive Debt If Supreme Court Reverses Tariffs: 'We Would Have Give Back Trillions And Trillions Of Dollars'

President Donald Trump has issued a warning that the United States could be burdened with an enormous debt, amounting to “trillions and trillions of dollars” if his tariffs are nullified by the Supreme Court.

Benzinga

'You Are Not Your Mother's Retirement Plan'—A Millennial Opens Up About Their Parent Who Lives With Them Retiring At 63 With Nothing Saved

A millennial couple shared their story on Reddit about the financial and emotional strain of living with a parent who decided to retire at 63 despite having no savings or a plan in place. The original poster explained that their mother-in-law moved in and now expects to pay less rent…

Benzinga

US Farmers Head To China As Trade Strains Weigh: Report

U.S. agricultural producers are reportedly preparing to travel to China this fall, aiming to boost ties with Beijing amid ongoing trade friction.

Benzinga

How SpinLaunch's Revolutionary Centrifuge Could Slash Launch Costs And Upend The Space Industry

SpinLaunch has completed a $30 million Series C funding round, led by ATW Partners and Norway's Kongsberg Defence and Aerospace. The capital lifts the start-up's total cash haul to $203 million, with the latest tranche showing confidence in its Flash Gordon take on sending satellites into orbit.

Benzinga

Tucker Carlson Asks OpenAI CEO Sam Altman If He Ordered Employee's Murder

During an interview with OpenAI CEO Sam Altman, Tucker Carlson suggested Altman may have played a role in the death of former employee Suchir Balaji.

Benzinga

Arizona Oasis: Purity ReSource Water Tech Is A Game-Changer For The Desert

Purity ReSource closed a $681,421 seed funding round in April, raising to bankroll "sustainable material recovery processes." The startup markets products that clean water used in semiconductor manufacturing so that dissolved chemicals can be reclaimed and water can be reused. If it works as advertised, thousands of gallons per year…

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