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The Latest Breaking News from Nasdaq

Dow Dips 200 Points; Q32 Bio Shares Jump

U.S. stocks traded lower this morning, with the Dow Jones falling around 200 points on Monday.

Benzinga

Peter Schiff Calls Bitcoin 'Fake' — BlackRock Calls It Their Biggest Moneymaker

Peter Schiff is back on X, swinging at Bitcoin (CRYPTO: BTC) with his greatest hits encore. This time, he argues Bitcoin isn't selling off because it's risky — but because it's “a fake asset,” pointing to the 28% drop from all-time highs while the Nasdaq sits within 2% of its…

Benzinga

Nvidia Just Earned A Massive 41% Price Target Boost From Morgan Stanley — Broadcom Also Raised As AI Frenzy Accelerates

Morgan Stanley has raised its price targets for Nvidia Corporation (NASDAQ:NVDA) and Broadcom Inc (NASDAQ:AVGO), citing the ongoing momentum in artificial intelligence (AI).

Benzinga

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Elon Musk Reacts To Viral Tesla Motorcycle Video: 'We Can't Make...'

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has shot down any potential buzz around the EV giant ever making a motorcycle.

Benzinga

Stock Market Today: Nasdaq, S&P 500 Futures Down Despite Strong Black Friday Sales — NVIDIA MongoDB, Crowdstrike And Salesforce In Focus

U.S. stock futures slipped Monday, pulling back after Friday's rally, which marked the fifth consecutive session of gains over the Thanksgiving weekend.

Benzinga

Elon Musk Calls Out H1-B 'Misuse,' But Defends Skilled Immigration, Says Ending Program Will Be 'Very Bad'

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk acknowledged the significant contribution of H1-B talent to the U.S. and called for a more open yet cautious approach to immigration.

Benzinga

Sundar Pichai Warns America Is Falling Behind China Without National AI Rules As State Bills Create Regulatory Chaos

Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) CEO Sundar Pichai on Sunday called for clear, national-level artificial intelligence regulations to ensure the U.S. remains competitive with China while fostering innovation and safety.

Benzinga

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Amazon Joins Forces With Google To Unveil New Multicloud Service To Tackle Internet Disruptions

In a joint effort to address the increasing need for reliable connectivity, Amazon.com Inc. (NASDAQ:AMZN) and Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google have launched a new multicloud networking service.

Benzinga

Ross Gerber Says Uber Is 'Cooked' Amid Waymo's San Francisco Expansion: 'Uber Drivers Better Start…'

Investment firm Gerber Kawasaki's co-founder Ross Gerber thinks that Alphabet Inc.-backed (NASDAQ:GOOGL) (NASDAQ:GOOG) self-driving company Waymo's expansion in San Francisco could pose a challenge for Uber Technologies Inc. (NYSE:UBER).

Benzinga

Alibaba's Cloud Was Born Out Of 'Necessity,' Says Chairman Joe Tsai — Dependence On US Vendors Threatened 'All Of Our Profits'

Speaking at the HKU Business School Edward K Y Chen Distinguished Lecture, Alibaba Group Holdings (NYSE:BABA) chairman Joe Tsai said the company built its cloud business out of urgent need—not strategy—as rising reliance on U.S. technology vendors put its future profitability at risk.

Benzinga

Elon Musk Predicts 'People Don't Have To Work At All' In 20 Years As AI and Robotics Advance: It Will Be Like A 'Hobby'

Tesla Inc. (NASDAQ:TSLA) CEO, Elon Musk, said that the world is heading toward a future where traditional employment becomes obsolete, as rapid progress in artificial intelligence and robotics fundamentally reshapes the global economy.

Benzinga

Elon Musk Says He Doesn't Buy Stocks, But Thinks Google Will Be 'Pretty Valuable' In The Future And Nvidia's An 'Obvious' One

Over the weekend, Tesla Inc. (NASDAQ:TSLA), SpaceX and xAI CEO Elon Musk said that while he doesn’t invest in stocks, he believes Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) and Nvidia Corp (NASDAQ:NVDA) are the companies best positioned to dominate the future economy, apart from his own companies.

Benzinga

Is Phillips 66 Stock Underperforming the Nasdaq?

Phillips 66 has lagged behind the Nasdaq Composite over the past year, but analysts remain optimistic about the stock’s prospects.

Barchart

AI Drug Discovery Startup Iambic Raises $100M Following Encouraging Cancer Drug Data

Iambic, a clinical-stage life science and technology company that uses artificial intelligence to develop medicines has raised more than $100 million in an oversubscribed financing round.

Benzinga

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Benzinga

Why 12-Year-Old Mark Zuckerberg Built A Little Messaging Network For The Family Member Who Reportedly Wrote Him $100,000 Check To Start Facebook

Long before Facebook became a global social media giant, Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg was already coding innovative tech as a preteen.

Benzinga

The Insider Report: The Dip Was Bought Before the Holidays

As I shared in last week's report, the dip buying opportunity in markets was capitalized upon last week. Both the SP 500 and the Dow Jones Industrial Average closed at record levels on the weekly interval last week, with the former finishing up 3.73% and the latter rallying 3.18%. But…

Benzinga

Consumer Tech News (Nov 24-28): Lawmakers Target Meta Over Alleged Fraudulent Ads, U.S. Pushes Taiwan To Boost Chipmaking Investment In America & More

Chinese President Xi Jinping highlighted the ongoing progress in U.S.-China trade ties after a phone call with President Donald Trump. This comes after it was reported that Washington is considering allowing Nvidia Corp (NASDAQ:NVDA) to resume AI chip sales to China.

Benzinga

5 Stocks Investors Couldn't Stop Buzzing About This Week: WMT, BABA, GOOG And More

Retail investors talked up five hot stocks this week (Nov. 24.28) on X and Reddit's r/WallStreetBets, driven by earnings, retail hype, AI buzz, and corporate news flow in the week.

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Benzinga

'Stay Hard!': Coinbase CEO Brian Armstrong Says He Listens To David Goggins When 'Everything Sucks'

Coinbase (NASDAQ:COIN) CEO Brian Armstrong says he listens to retired Navy SEAL and best-selling author David Goggins videos about embracing difficulty and pushing past discomfort when he needs some extra pep in the morning.

MarketBeat

Meta Platforms May Ditch NVIDIA Chips—Here’s Why Investors Care

Meta Platforms may be looking to alter where it spends its AI dollars. See what benefits the firm could reap from Google and Broadcom's chips.

Benzinga

Nvidia's CEO Says Why AI Isn't a Bubble—And His Answer Points to a Trillion-Dollar Computing Revolution Already Underway

The AI bubble question finally got answered by the man who’s helped fuel the frenzy—and his response suggests investors worried about a 2000-style crash might be missing a fundamental shift that’s already reshaping how the world computes.

Benzinga

Benzinga Bulls And Bears: Alphabet, Reddit, Oklo — And Markets Bounce Bank On Rate Cut Hopes

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

Benzinga

Options Corner: Why Airbnb CEO Brian Chesky's Billionaire Bounce Sets The Stage For A Bullish ABNB Trade

While Airbnb Inc (NASDAQ:ABNB) CEO Brian Chesky may rank among the world's richest people, that status took a bit of a beating recently. Much of his net worth — standing at around $10 billion — is largely tied to his stake in ABNB stock. Of course, the equity took a…

Barchart

Stocks Settle Higher as Chip Makers and Energy Producers Rally

The S&P 500 Index ($SPX ) (SPY ) on Friday closed up by +0.54%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +0.61%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.78%. December E-mini S&P futures (ESZ25 ) rose +0.50%, and December...

Benzinga

Nasdaq Seeks 4X Options Limit Jump For IBIT — Will Bitcoin ETFs Lift Off?

Nasdaq's International Securities Exchange wants BlackRock's iShares Bitcoin Trust (NASDAQ:IBIT) to be treated like Apple Inc (NASDAQ:AAPL), Nvidia Corp (NASDAQ:NVDA) and the SPDR SP 500 ETF (NYSE:SPY). And it's making no secret of it, a new filing with the U.S. Securities and Exchange Commission on November 21 asks regulators to…

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