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The Latest Breaking News from Benzinga

What's Fueling Alibaba Stock's Jump Past Its 52-Week High?

Alibaba Group's (NYSE:BABA) mapping and local services platform, Amap, reached a record 360 million daily users on the first day of China's National Day holiday, underscoring the company's growing push into the local services market.

Benzinga

Gavin Newsom Slams Trump For Wanting To 'Raise Taxes To See The Movies.' He Says, 'Americans Already Pay More For Eggs, Coffee, Toys…'

California Gov. Gavin Newsom took a swipe at President Donald Trump recently after Trump said he would impose a 100% tariff on movies made outside the U.S., something Newsom said would burden Americans even more.

Benzinga

'We Have to Adapt,' As Housing Costs Rise, A Growing Number Of Americans Are Living In RVs

Four months ago, Andrea Stitt lost her daycare business and was evicted from the four-bedroom home she shared with her two children. Now, she lives in a 175-square-foot RV with her 12-year-old son and six-year-old daughter.

Benzinga

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

Tesla Inc. (NASDAQ:TSLA) stock climbed 1.86% during Thursday’s pre-market trading session after CEO Elon Musk reached an unprecedented financial milestone to become the first person in history to amass a net worth of $500 billion.

Benzinga

Gold Miners Remain Undervalued Despite Stellar Rally: Expert Says They Are Set To Post 'Highest Profit Margins' In History

Gold mining stocks have delivered a stellar rally with some companies seeing gains nearing 200% year-to-date, yet a leading macro strategist believes the sector remains significantly undervalued and is poised for historic profit margins.

Benzinga

Elon Musk Is 'The Ultimate GPU,' Says Nvidia CEO Jensen Huang—Predicts He Could Be The First To Hit A Gigawatt

In a recent podcast, Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang compared Elon Musk‘s brain to the company’s chips, praising Musk’s unique abilities.

Benzinga

Recession Odds 'Not At 0%,' Says Economist As Small And Medium Businesses Drive Job Losses In ADP Report Amid BLS Shutdown

A surprisingly weak private-sector ADP Employment report, released during an ongoing government shutdown, has intensified fears of a looming economic downturn.

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Taiwan Keeps Chip Edge While Eyeing US Deal

Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) remains at the heart of U.S.-Taiwan trade talks as they explore a U.S. chip production strategic partnership while preserving Taiwan’s global supply chain moat.

Benzinga

Nokia And Ericsson Lose Ground In China After 'Black Box' Audits

China is significantly escalating its restrictions on European telecom stalwarts Nokia (NYSE:NOK) and Ericsson (NASDAQ:ERIC), subjecting their bids for critical infrastructure contracts to protracted national security reviews.

Benzinga

Trump's Tariffs Kept Market Unfazed As Leveraged ETFs See 74% Inflow Since April Lows: 'Risk Appetite Is Incredibly Strong'

Investor risk appetite is surging to near-record levels, with traders pouring money into speculative investment vehicles seemingly undeterred by President Donald Trump’s implemented tariffs.

Benzinga

Ras Al Khaimah Gets Its First Self-Driving Buses And Taxis Thanks To WeRide

WeRide (NASDAQ:WRD) stock gained on Thursday as it launched its Robotaxi GXR and Robobus pilot services in partnership with the Ras Al Khaimah Transport Authority (RAKTA), marking its first deployment in the emirate and expansion into its third UAE market.

Benzinga

Stock Market Today: Dow Futures Slip, S&P 500 Rises Amid Mixed Trade—Berkshire, Occidental, Fermi In Focus

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

Benzinga

Why Concorde International Group Shares Are Trading Higher By 55%; Here Are 20 Stocks Moving Premarket

Shares of Concorde International Group Ltd. (NASDAQ:CIGL) rose sharply in pre-market trading as the company revealed that its Board of Directors and Compensation Committee had approved a 2025 Equity Incentive Plan earlier that day.

Benzinga

Tesla's European Woes Continue As New Car Sales Fall Over 25% In Italy

Tesla Inc. (NASDAQ:TSLA) faces fresh woes as sales in the European region continue to deteriorate for Elon Musk's EV giant.

Benzinga

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When Bill Gates Questioned Lyft CEO Risher's Move To Jeff Bezos' 'Tiny, Little Internet Bookstore'—'Stupidest Decision' Ever

David Risher, the current CEO of Lyft Inc. (NASDAQ:LYFT), recently shared a bold career move he made in 1996 that earned him a scathing rebuke from Microsoft Corp. (NASDAQ:MSFT) co-founder Bill Gates.

Benzinga

BHP Hedges China Risks With Olympic Dam Copper Investment

BHP (NYSE:BHP) has announced an investment of more than 840 million Australian dollars ($556 million) into growth-enabling copper projects at Olympic Dam in northern South Australia. The funding will expand mining access, upgrade smelting capacity, and reinforce the foundations of the company’s Copper SA operations.

Benzinga

Supreme Court Thwarts Trump's Bid For Immediate Removal Of Fed Governor Lisa Cook

The Supreme Court has ruled in favor of Lisa Cook, a Federal Reserve governor, allowing her to remain in her position for now, putting a temporary halt to the Trump administration’s immediate dismissal efforts.

Benzinga

Eric Jackson Quips 'Paging Nancy Pelosi About OPEN' As Cleo Fields Buys Current Retail Favorite Opendoor

Founder of EMJ Capital, Eric Jackson, drew attention to a recent stock purchase by Rep Cleo Fields (D-La.) with a social media post reading, "Paging Nancy Pelosi about OPEN," referencing the Congressman's new investment in Opendoor Technologies Inc. (NASDAQ:OPEN).

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After California, Trump Freezes $18 Billion In NYC Infrastructure Funds, Calls Contracts 'Discriminatory, Unconstitutional'

The Trump administration has decided to withhold $18 billion in federal funds from New York City for two major infrastructure projects.

Benzinga

Jim Farley Says 5 Years At Ford Were 'Full Of Surprises,' Hails Trump's Relaxation Of Emissions Standards

Ford Motor Co. (NYSE:F) CEO Jim Farley said that his 5-year tenure at the Michigan-based automaker has been full of surprises.

Benzinga

Trump Administration Warns Of $15 Billion Weekly GDP Loss, Over 43,000 Job Cuts If Shutdown Persists: Report

The Trump administration has reportedly warned the shutdown could cut billions from weekly GDP and leave 43,000 more people jobless if it lasts a month.

Benzinga

Gene Munster Says Vision Pro Looks Like iPhone-Maker's Biggest Miss Since Newton: 'Apple's Push Will Deliver Glasses That Likely Outshine Meta's'

Apple Inc. (NASDAQ:AAPL) has reportedly paused work on a cheaper Vision Pro headset to focus on smart glasses development.

Benzinga

Jane Fonda's Relaunch Of McCarthy-Era Committee To Fight For First Amendment Rights Slammed By White House: Trump A 'Strong Supporter Of Free Speech'

The White House said Wednesday that Jane Fonda is "free to share whatever bad opinions she wants" amid her relaunch of a McCarthy-era free-speech group, while insisting President Donald Trump remains "a strong supporter of free speech."

Benzinga

3 Consumer Cyclical Players With Improving Valuation That Should Be On Investors' Radar

Three standout consumer cyclical stocks have surged in value rankings this week, highlighting a sharp reevaluation of their market worth.

Benzinga

Gold's Parabolic Surge 'Very Unusual,' Says Popular Crypto Trader: Peter Schiff Says Precious Metal Could Hit $20,000

Cryptocurrency analyst Michaël van de Poppe predicted Wednesday that gold could face a “significant” correction, even as the precious metal continues its bullish rally.

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