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The Latest Breaking News from Nasdaq

Spirit Airlines To Cut Jobs As It Plans To Reduce Capacity By 25% Amid Financial Woes: Report

Budget flight carrier Spirit Aviation Holdings Inc. (NASDAQ:FLYYQ) is reportedly planning to reduce its workforce and cut capacity by over 25% YoY amid ongoing financial woes.

Benzinga

Krispy Kreme Jumps After Hours Following Kash Patel's Stake Reveal

Krispy Kreme Inc. (NASDAQ:DNUT) shares are trending on Thursday.

Benzinga

Nvidia Rival Groq Raises $750 Million: 'Inference Is Defining This Era Of AI,' Says CEO Jonathan Ross

On Wednesday, Silicon Valley startup Groq announced $750 million in new financing, valuing the Nvidia Corporation (NASDAQ:NVDA) rival at $6.9 billion as it expands its global footprint in AI inference infrastructure.

Benzinga

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Elon Musk Says Future Of Public Transport Is 'Individualized' Autonomous EVs: 'You Can't Have 3D Buildings…'

Tesla Inc. (NASDAQ:TSLA) Elon Musk says that the future is "individualized mass transit" as his tunnel construction and infrastructure enterprise, The Boring Company, inches closer to completing the planned expansion of the Las Vegas Convention Center Loop.

Benzinga

AquaBounty Technologies Stock Explodes Over 98% After Hours: Here's Why

AquaBounty Technologies Inc. (NASDAQ:AQB) experienced explosive after-hours trading on Wednesday, with shares jumping 98.25% to $2.26 after closing at $1.14 during regular trading hours.

Benzinga

Meta Unveils $499 Oakley Vanguard And $799 Ray-Ban Display Smart Glasses At Connect 2025: Gene Munster Says 'Best Bang For The Buck'

On Wednesday, Meta Platforms Inc. (NASDAQ:META) unveiled two new smart glasses at its Connect 2025 event, introducing the $499 Oakley Meta Vanguard for athletes and the $799 Ray-Ban Display with built-in AR features, earning praise from investor Gene Munster as the "best bang for the buck."

Benzinga

FBI Director Kash Patel Bought 2 Stocks In 2025 — One's Already A Meme Favorite

FBI Director Kash Patel was asked about two stocks he bought earlier this year by a member of Congress on Wednesday and gave a surprising answer. The transactions come as members of Congress are working on legislation to ban lawmakers and cabinet members from buying and selling stocks.

Benzinga

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Stocks Settle Mixed on Hawkish Fed Chair Powell Comments

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.57%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.21%. September E-mini S&P futures (ESU25 ) fell -0.09%, and September E-mini Nasdaq futures...

Barchart

Harvard Dropouts Behind Mercor Target $10 Billion Valuation As Startup Supplying OpenAI, Tesla And Nvidia Hits $450 Million Run Rate

Mercor, a startup connecting domain experts to technology giants like OpenAI, Meta (NASDAQ:META), and Tesla (NASDAQ:TSLA), is in discussions with investors for a Series C round that could value the company at more than $10 billion, according to TechCrunch.

Benzinga

Johnson & Johnson, Protagonist Study Shows Superior Skin Clearance In Psoriasis Trials

Johnson Johnson (NYSE:JNJ) and Protagonist Therapeutics Inc. (NASDAQ:PTGX) on Wednesday released new data from the Phase 3 ICONIC-ADVANCE 1 and 2 studies of icotrokinra compared to deucravacitinib in patients with moderate-to-severe plaque psoriasis.

Benzinga

Broadcom's $120B AI Bet: Can Hock Tan Outpace Nvidia With Next-Gen Chips?

Broadcom Inc (NASDAQ:AVGO) is no longer content to trail in NVIDIA Corp.'s (NASDAQ:NVDA) shadow. Armed with a $120 billion AI revenue target by 2030 — and CEO Hock Tan whose bonus depends on hitting it — the semiconductor giant is positioning itself to challenge Nvidia's dominance.

Benzinga

Why Reddit Wants A New 'Dynamic' Pricing Model From Google

Reddit (NYSE:RDDT) is in early discussions with Alphabet's (NASDAQ:GOOGL) (NASDAQ:GOOG) Google to renegotiate its content-sharing agreement, seeking a structure that better captures the growing value of its data for search and generative artificial intelligence applications.

Benzinga

CaliberCos Stock Gains Momentum On Chainlink Treasury Strategy Moves

CaliberCos Inc (NASDAQ:CWD) shares are gaining traction on Wednesday after the company provided an update related to its crypto treasury strategy.

Benzinga

Lyft Finds Its Robotaxi Mojo—But Uber's Still In The Fast Lane

Lyft Inc. (NASDAQ:LYFT) just scored a 10% stock pop on its first robotaxi deal with Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Waymo. It's a headline win, but in a market where Uber Technologies Inc (NYSE:UBER) is worth 25 times more, the bigger question is whether Lyft just found a new growth engine—or merely…

Benzinga

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Benzinga

SoundHound AI Executes Expansion Playbook Again With Interactions Deal

SoundHound AI, Inc. (NASDAQ:SOUN) has agreed to acquire Interactions Corporation, a privately held artificial intelligence company focused on customer service and workflow orchestration, in a deal valued at up to $85 million. The transaction includes $60 million in upfront cash and a $25 million performance-based earn-out.

Benzinga

Tech Stocks Slip, Small Caps Soar Ahead Of Fed Rate Decision: What's Moving Markets Wednesday?

Small-cap and blue-chip stocks advanced in Wednesday morning trading on Wall Street, while technology names lagged and the SP 500 hovered near record levels as investors braced for the Federal Reserve's interest rate decision.

Benzinga

Space Stock Tracker: Rocket Lab Tumbles On Offering, Voyager Deploys Space Edge

Space stocks have recovered some recent losses lately, with one major exception that has fallen after a new offering of common stock.

Benzinga

Nasdaq Falls Over 100 Points; General Mills Earnings Top Views

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling more than 100 points on Wednesday.

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Benzinga

Workday AI Push Signals Durable Growth And Sharper Margins Ahead

Workday (NASDAQ:WDAY) outlined stronger-than-expected operating margins, rising free cash flow, and accelerating artificial intelligence adoption at its Analyst Day, prompting optimism about long-term growth.

Barchart

How Gold, Grains, the U.S. Dollar, and Other Futures Markets Could React to the Fed Meeting Today

Traders are largely expecting the Fed’s Federal Open Market Committee to lower the Fed funds rate trading range by 25 basis points.

Barchart

The Winklevoss Twins Think Bitcoin Is Headed to $1,000,000. Here’s 1 Stock You Can Buy Now to Benefit.

GEMI offers a rare stock gateway to crypto growth as Bitcoin eyes the Winklevoss twins’ $1 million target.

Benzinga

Teen Founders, Tap The Brakes: Paul Graham Says Curiosity Beats Companies In High School — Despite YC Wins With Airbnb, Reddit, And Sam Altman At 19

The co-founder of Silicon Valley’s most influential startup accelerator is delivering a reality check to ambitious teenagers everywhere. Paul Graham, whose Y Combinator has funded giants like Airbnb (NASDAQ:ABNB), Stripe, Dropbox (NASDAQ:DBX), and Reddit (NYSE:RDDT), is warning high schoolers to pump the brakes on their entrepreneurial dreams.

Barchart

The Federal Reserve Cuts Interest Rate by a Quarter-Percentage-Point, Signals 2 More Before the End of the Year

The S&P 500 Index ($SPX ) (SPY ) today is up -0.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.80%. In a move that was largely anticipated by Wall Street, the Federal Reserve approved...

Benzinga

Gorilla Technology Stock Is Rising Wednesday: Here's Why

Gorilla Technology Group Inc. (NASDAQ:GRRR) stock is up Wednesday after the company signed a $1.4 billion deal with Freyr to build a network of data centers across Southeast Asia.

Barchart

4 Stocks to Buy as They Touch 52-Week Highs and Lows

Out of the 473 stocks that reached new 52-week highs and 105 that slid to fresh lows across the NYSE and Nasdaq yesterday, four stand out in particular, emerging as potential buying opportunities for investors seeking value or momentum.

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