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The Latest Breaking News from Nasdaq

Consumer Tech News (July 28–August 1): Earnings From Apple, Microsoft, and Amazon Offset by Fed Jitters, Tariff Woes

Despite strong quarterly earnings from major tech firms, Wall Street ended the week lower as investor focus shifted to mounting macroeconomic risks.

Benzinga

Meta Just Paid $250M To Lure This 24-year-old AI Whiz Kid: A Strategic Move Or A Power Play?

Meta Platforms Inc. (NASDAQ:META) has reportedly invested a staggering $250 million to secure the talents of 24-year-old AI prodigy, Matt Deitke.

Benzinga

'I Don't Do Anything Other Than Working,' Says Perplexity CEO Aravind Srinivas As His $14 Billion AI Startup Challenges Tech Giants

Perplexity Chief Executive Officer Aravind Srinivas says speed and urgency are nonnegotiable as his artificial intelligence startup races tech giants.

Benzinga

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Benzinga Bulls And Bears: Celestica, Carvana, Novo Nordisk — And Fed Holds Rates Despite Trump Pressure

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

Benzinga

Bill Gates Warns AI Progress 'Surprises' Even Him—Unclear When It Will Replace Human Work

Microsoft Corp. (NASDAQ:MSFT) co-founder Bill Gates warned that artificial intelligence is advancing at a pace that “surprises” even him, creating uncertainty about when AI might replace human workers across industries.

Benzinga

Tim Cook Says 'Apple Must Do This,' As He Compares AI To Internet, Smartphone Revolutions

Apple Inc. (NASDAQ:AAPL) CEO Tim Cook conducted a rare all-hands meeting at the company’s Cupertino, California, headquarters after the company's fiscal third-quarter earnings, emphasizing the importance of artificial intelligence as a pivotal opportunity for the tech giant.

Benzinga

OpenAI Chairman Bret Taylor Believes This Degree Is Still Crucial In The AI Era: 'It's Extremely Valuable'

OpenAI Chairman Bret Taylor recently voiced his support for computer science degrees, emphasizing their significance in fostering “systems thinking,” a crucial skill even in the era of AI coding.

Benzinga

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Stocks Settle Sharply Lower on Economic Risks

The S&P 500 Index ($SPX ) (SPY ) Friday closed down -1.60%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.96%. September E-mini S&P futures (ESU25 ) fell -1.67%, and September E-mini Nasdaq futures (NQU25...

Barchart

Jeff Bezos Built Amazon From A Garage Into A $2.4 Trillion Empire — And It All Started With Used Books And A Recycled Door Desk

Amazon.com Inc. (NASDAQ:AMZN) grew from two people packing books in a Bellevue garage into a $2.4 trillion powerhouse. Founder Jeff Bezos labeled parcels and drove them to the post office while his then-wife, MacKenzie Scott, sealed boxes.

Benzinga

OpenAI Just Raised $8.3 Billion At This Valuation As ChatGPT Growth Soars

ChatGPT parent OpenAI has raised $8.3 billion in new capital at a $300 billion valuation as part of its ongoing $40 billion fundraising effort, according to a person familiar with the deal.

Benzinga

Amazon Stock Hit On AWS: Analysts Brush Off Growth Concerns, 'Buyers Of AMZN On Weakness'

Amazon.com Inc. (NASDAQ:AMZN) analysts raised their price targets on the stock and questioned why shares were falling Friday after reporting better-than-expected second-quarter results.

Benzinga

Reddit Stock Is Trading Higher Friday: What's Going On?

Reddit, Inc. (NASDAQ:RDDT) shares are trading higher Friday after the company reported better-than-expected second quarter financial results and issued third quarter sales guidance above estimates on Thursday after the market closed.

Benzinga

"I Don't Think College Is An End All, Be All," Says Shark Tank's Daniel Lubetzky — $5 Billion Founder Tells Gen Z Where The Real Money Is Now

Daniel Lubetzky, the billionaire founder of KIND LLC and a judge on "Shark Tank," says young people should rethink the college-to-office pipeline as automation reshapes the job market.

Benzinga

Coinbase Stock Slides As Analysts Weigh In On Q2, Market Share Drop, Investment Strategy

Coinbase Global Inc (NASDAQ:COIN) shares were down on Friday after the company reported downbeat second-quarter earnings.

Benzinga

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Benzinga

Amazon Stock Is Trading Lower Friday: What's Going On?

Amazon.com, Inc. (NASDAQ:AMZN) stock is trading lower Friday after the company reported second quarter financial results on Thursday after the market closed.

Benzinga

Michael Saylor Says Owning Up To 7% of Bitcoin Isn't 'Too Much' Since 'The Future Is Orange'

Strategy (NASDAQ:MSTR) executive chairman Michael Saylor has doubled down on the company’s Bitcoin's (CRYPTO: BTC) Bitcoin acquisition strategy.

Barchart

Tariffs and Economic Jitters Hammer Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down -1.60%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.77%. September E-mini S&P futures (ESU25 ) are down -1.67%, and September E-mini Nasdaq futures...

Benzinga

'Shark Tank' Star Kevin O'Leary's Main Motivation Is Proving His Haters Wrong, Not Making Money

"Shark Tank" investor Kevin O'Leary has a simple secret for staying motivated: he loves proving people wrong. "I just love it when people tell me, ‘Oh, you can't do this, you can't do that,'" O'Leary recently told Fortune.

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news in one place.

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Benzinga

Nvidia, Broadcom, Marvell Lead Chip Stock Slide After Trump Hits China, Taiwan With New Tariffs

Artificial intelligence chip stocks including NVIDIA Corp. (NASDAQ:NVDA), Advanced Micro Devices Inc (NASDAQ:AMD), Broadcom Inc (NASDAQ:AVGO), Arm Holdings PLC-ADR (NASDAQ:ARM), Marvell Technology Inc (NASDAQ:MRVL), Micron Technology Inc (NASDAQ:MU), Lam Research Corp (NASDAQ:LRCX), Taiwan Semiconductor Manufacturing Co (NYSE:TSM), Super Micro Computer Inc (NASDAQ:SMCI) are trading lower on Friday as the Trump…

Benzinga

4D Molecular Therapeutics Rallies On Heels Of Diabetes-Related Vision Study

Shares of 4D Molecular Therapeutics (NASDAQ:FDMT) are currently up over 20.6% after the company released positive results from its Spectra trial.

Benzinga

Nasdaq Dips Over 2%; Apple Earnings Top Views

U.S. stocks traded lower this morning, with the Nasdaq Composite dipping more than 2% on Friday.

Barchart

Stocks Slump on Tariffs and Weak US Job Growth

The S&P 500 Index ($SPX ) (SPY ) today is down -1.70%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.48%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.01%. September E-mini S&P futures (ESU25 ) are down -1.75%, and September E-mini Nasdaq futures...

Benzinga

Kimberly-Clark Tops Q2 EPS Estimates, Stock Jumps Over 5%

Kimberly-Clark Corporation (NASDAQ:KMB) shares were trading higher in the premarket session on Friday as the company reported second-quarter adjusted earnings per share of $1.92, beating the analyst consensus estimate of $1.66.

Benzinga

'10 Out Of 10 On The Smartness Scale': Wellington's Matt Witheiler Backs Cacioppo's $4.15B Vanta

In a stunning show of investor confidence, Vanta has just netted a $150M Series D that catapults its valuation to $4.15B, even though it didn't need the cash.

Benzinga

Anthropic CEO Slams Nvidia's Jensen Huang Claim As 'Outrageous Lie,' Says He's Not Trying To Control AI

Anthropic CEO Dario Amodei has vehemently denied allegations made by Nvidia (NASDAQ:NVDA) CEO Jensen Huang that he is attempting to dominate the AI industry.

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