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The Latest Breaking News from Benzinga

Maze Shares Jump As Investors Bet Big On Experimental Treatment's Potential

Maze Therapeutics, Inc. (NASDAQ:MAZE) on Thursday shared clinical results from the Phase 1 healthy volunteer study of MZE782, an oral small molecule targeting the solute transporter, SLC6A19.

Benzinga

Rising Costs From Tariffed Goods Push Retail Prices Higher In August

Retailers are navigating a fresh wave of pricing shifts as August inflation and new tariffs push up costs in categories like autoparts, furniture, and home improvement, signaling tighter conditions ahead for companies from Walmart Inc. (NYSE:WMT) to Best Buy Co. Inc. (NYSE:BBY).

Benzinga

Kroger Q2 FY2025 Earnings Call Transcript

Kroger Company (NYSE:KR) shares traded higher on Thursday after reporting second-quarter earnings. The company reported second-quarter adjusted earnings per share of $1.04, beating the analyst consensus estimate of 99 cents. Quarterly sales of $33.94 billion, marginally missing the consensus view of $34.102 billion. Below are the transcripts from the Q2 earnings call. This…

Benzinga

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Chewy Analysts Slash Their Forecasts Following Q2 Results

Chewy Inc. (NYSE:CHWY) on Wednesday reported better-than-expected earnings for the second quarter.

Benzinga

Nasdaq Jumps Over 150 Points; Kroger Earnings Top Estimates

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 150 points on Thursday.

Benzinga

De Minimis Shock Morphs Into De Majoris Challenge For UPS And FedEx

United Parcel Service Inc. (NYSE:UPS) and FedEx Corp. (NYSE:FDX) are bracing for fresh turbulence as the end of U.S. de minimis exemptions tightens trade flows, threatening parcel volumes and raising costs just as the critical peak shipping season approaches.

Benzinga

You Earn It, You Keep It: New Bill Would End Taxes On Social Security Benefits

A new bill in Congress could permanently eliminate federal taxes on Social Security benefits — a change that would impact millions of retirees. The You Earn It, You Keep It Act would also strengthen the program's trust funds by requiring higher earners to contribute more.

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Their Son Wants A Bailout After Racking Up $200,000 In Taxes, Interest, And Penalties. Dave Ramsey Says, 'I Probably Wouldn't' Step In Today

Jeff and his wife are in their early 70s, comfortably retired in Indiana with a net worth of about $2.3 million. But now they're facing a painful decision: Should they sell off property or mutual funds to bail out their son, who owes more than $200,000 to the IRS?

Benzinga

Rezolve AI Stock Soars On The Promise Of A $30 Trillion Market

Rezolve Ai (NASDAQ:RZLV) stock surged after the company launched a new Visual Search tool and highlighted what it called a significant valuation gap compared with peers in the artificial intelligence sector.

Benzinga

Wall Street Soars To Records On Fed Rate Bets: What's Moving Markets Thursday?

All three major U.S. equity benchmarks — the SP 500, Nasdaq 100, and Dow Jones — surged to fresh record highs on Thursday, as investors piled into risk assets on growing bets that interest rates will soon fall.

Benzinga

4 Stocks Set To Profit As Spirit Goes Bankrupt (Again)

No, you’re not experiencing déjà vu – Spirit Airlines has filed for bankruptcy again, its second time in less than 12 months. After emerging from bankruptcy in March of this year, Spirit failed to make any traction with its cost-cutting initiatives and filed for bankruptcy protection again in August.

Benzinga

Nvidia's China Chip Boom Faces Threat As Beijing Pushes For Homegrown AI

Nvidia (NASDAQ:NVDA) has popularized the accelerators that China should ditch, a top government adviser warned, urging the country to develop domestic chips that enable artificial intelligence.

Benzinga

What's Going On With Galaxy Digital (GLXY) Stock Today?

Galaxy Digital Inc (NASDAQ:GLXY) shares are trading higher Thursday. The company has made recent strategic announcements that strengthen its institutional footprint in Asia and develop new pathways for digital securities.

Benzinga

Alpha Buying: 3 Insider-Backed Stocks Trading at Bargain Levels

There are few signals I trust more than executives pulling out their own checkbooks when a stock screens cheap. Open-market insider buying is not a perfect tell, but when you combine real dollars from the C-suite with objective measures of undervaluation, the edge shows up, again and again, over long…

Benzinga

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news in one place.

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Benzinga

Colleges Face An Enrollment Crisis That May Be Irreversible Due To Low Birth Rates

The U.S. birth rate has been declining since the Great Recession, according to the Centers for Disease Control and Prevention, and that problem is about to rear its head in college enrollment numbers.

Benzinga

Kirk Assassination Makes Gun Stocks Volatile: 8 Names To Watch, Including One Backed By Trump's Son

Shares of gun and ammunition manufacturers are moving higher following the assassination of conservative political activist Charlie Kirk in Utah, as well as a school shooting in Colorado.

Benzinga

Prices Are Rising, Jobs Are Gone — Can The Fed Stop A Stagflation Spiral?

An unsettling mix of rising consumer prices and surging layoffs is amplifying fears of stagflation right at the end of the third quarter, putting the Federal Reserve in an increasingly untenable position as it weighs a rate cut next week.

Benzinga

Opendoor Returns To 'FounderMode'—Stock Soars

Opendoor Technologies, Inc. (NASDAQ:OPEN) shares soared Thursday morning as investors celebrated a new CEO and return of the company's co-founders to its board of directors.

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Benzinga

Rocket Companies (RKT) Stock Is Trading Higher: What's Going On?

Shares of Rocket Companies Inc (NYSE:RKT) are trading higher Thursday morning as new economic data fueled investor bets on an imminent Federal Reserve interest rate cut. Additionally, Rocket earlier announced the company and the Bank of Montreal extended and expanded the existing Master Repurchase Agreement.

Benzinga

What's Going On With Centene Stock On Thursday?

Centene Corp (NYSE:CNC) stock is rallying Thursday after the insurer confirmed its fiscal 2025 outlook of roughly $1.75 adjusted EPS—beating Wall Street's $1.69 consensus—despite having pulled prior guidance in July over preliminary actuarial data concerns.

Benzinga

Husband Slacks As Wife Work 4 Jobs While He Applied To 3 Per Week—And His Reality Check Could Save Your Marriage

The brutal wake-up call that went viral this week wasn’t about crypto crashes or market meltdowns—it was about a husband whose two-year unemployment stint nearly destroyed his family’s finances while his wife juggled multiple jobs to keep them afloat.

Benzinga

Merck Advances Childhood Pneumococcal Care With Promising Vaccine Data

Merck Co. Inc. (NYSE:MRK) on Thursday released results from the Phase 3 STRIDE-13 trial evaluating Capvaxive (Pneumococcal 21-valent Conjugate Vaccine) at the European Society of Clinical Microbiology and Infectious Diseases (ESCMID) Conference.

Benzinga

Kroger Lifts Profit Outlook On Business Momentum, Margin Growth

Kroger Company (NYSE:KR) shares traded higher on Thursday after reporting second-quarter earnings.

Benzinga

'Nothing Will Ever Change' – Is Gen Z Destined To Be Bad With Money?

Most people understand the basics of personal finance, but not everyone is financially disciplined. It's one thing to know that you should avoid credit card debt, but it's something different to actually stay out of debt.

Benzinga

Dow Surges 1%; US Inflation Rate Accelerates

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 450 points on Thursday.

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