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The Latest Breaking News from Nasdaq

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.

Benzinga

Tesla Teams With Samsung—Will Other Chipmakers Follow?

As Tesla chooses to partner with Samsung for its chip capabilities and application in autonomous driving, other names could come to be in play as well.

MarketBeat

Amazon Post-Earnings Decline 'Totally Wrong,' Says Analyst As CEO Points Out AWS Has 'More Demand Than We Have Capacity'

Following its second-quarter earnings report, Amazon.com Inc.‘s (NASDAQ:AMZN) stock experienced a significant sell-off. However, a closer look at the details from the earnings call reveals that the primary reason for the slowdown in Amazon’s cloud business, Amazon Web Services (AWS), is not a lack of demand, but a severe capacity…

Benzinga

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Why Apple Shares Are Trading Higher; Here Are 20 Stocks Moving Premarket

Shares of Apple Inc. (NASDAQ:AAPL) rose in pre-market trading as the company posted stronger-than-expected third-quarter results.

Benzinga

Tesla's European Woes Worsen As Sales Decline In Denmark, Sweden And France For Seventh Consecutive Month

Tesla Inc.'s (NASDAQ:TSLA) sales fell for the seventh consecutive month in Denmark, Sweden and France as the EV giant’s woes show no signs of relief for Elon Musk.

Benzinga

Warren Buffett Once Called Mortgages A 'Terrific Deal' — Now Zillow Analyst Says Even 0% Rates Can't Make Homes Affordable In America

Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) and Zillow Group Inc. (NASDAQ:Z) have expressed concerns that mortgage rates are unlikely to decrease enough to make homes affordable for the average American.

Benzinga

Regeneron Pharmaceuticals Likely To Report Lower Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) will release earnings results for the second quarter, before the opening bell on Friday, Aug. 1.

Benzinga

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GoPro Slides Nearly 5% In Premarket As Meme Stock Sugar Rush Fades

GoPro Inc. (NASDAQ:GPRO) shares dropped 6.98% in after-hours trading on Thursday, continuing a decline from recent meme stock highs as retail investor enthusiasm wanes.

Benzinga

Jim Cramer Calls Figma 'Too Expensive' At 50x Sales — Stock Surges 250% On Market Debut

Design platform Figma Inc. (NYSE:FIG) defied Jim Cramer’s warnings about its valuation, surging 250% to $115.50 on its market debut on Thursday after pricing its IPO at $33 per share on Wednesday evening.

Benzinga

Intel Exec Exodus As CEO Lip-Bu Tan Slashes Workforce, Delays Ohio Chip Plant In Major Shake-Up: Report

Intel Corp.'s (NASDAQ:INTC) new CEO, Lip-Bu Tan, is overhauling the chipmaker's manufacturing operations, cutting thousands of jobs, delaying projects and witnessing the retirement of key executives as part of a sweeping reset.

Benzinga

Apple CEO Tim Cook Says iPhone Still Central To Future Tech As Ex-Design Chief Jony Ive Builds AI Device For OpenAI

Apple Inc. (NASDAQ:AAPL) CEO Tim Cook has downplayed the threat of screenless AI devices, calling them complementary to the iPhone—even as former design chief Jony Ive teams up with OpenAI to build next-generation AI hardware.

Benzinga

Lucid Is Now Shipping Adapters That Let Customers Access Elon Musk-Led Tesla's Supercharger Network

Lucid Group Inc. (NASDAQ:LCID) has begun shipping adapters for its customers, which will let them access Tesla Inc.'s (NASDAQ:TLSA) Supercharging stations.

Benzinga

Amazon Stock Tanks As AWS Misses Whisper Number: 'I Don't Know What's Wrong With It,' Says Gene Munster

Amazon.com Inc. (NASDAQ:AMZN) delivered a strong second quarter but missed expectations on cloud growth, sending shares tumbling and prompting concern from analysts over Amazon Web Services’ momentum.

Benzinga

Michael Saylor Says Strategy's Current Capital Structure 'Bulletproof' Compared To 2022 Crypto Winter, Asserts Company Can Weather 80% Bitcoin Crash

Strategy Inc. (NASDAQ:MSTR) CEO Michael Saylor expressed confidence in his company’s Bitcoin (CRYPTO: BTC) buying approach Thursday, asserting that it could endure an 80% drawdown and remain resilient even in a bear market.

Benzinga

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Benzinga

Ross Gerber Slams Tesla Over Robotaxi's 'Wild Exaggerations,' Calls Supervised FSD An 'Oxymoron'

Gerber Kawasaki's co-founder, Ross Gerber, has slammed Tesla Inc.'s (NASDAQ:TSLA) Robotaxi operations as the company recently launched a ride-hailing service in the San Francisco Bay Area.

Benzinga

Apple Surges After-Hours As Q3 Earnings Crush Estimates, iPhone And Services Lead Growth

Apple Inc. (NASDAQ:AAPL) shares jumped 2.42% in after-hours trading on Thursday, reaching $212.59, after the iPhone maker delivered third-quarter results that significantly exceeded Wall Street expectations.

Benzinga

Coinbase Not In Competition With Visa, Mastercard In Crypto Payments Landscape: 'We Actually Partner With Them In Many Ways'

Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong said Thursday that the company views Visa Inc. (NYSE:V) and Mastercard Inc. (NYSE:MA) as partners in the growing cryptocurrency-powered payments industry, rather than competitors.

Benzinga

Tim Cook Says Apple Is 'Very Open' To AI Acquisitions Amid Mounting Pressure To Catch Up With Google, Meta And Microsoft

On Thursday, Apple Inc. (NASDAQ:AAPL) CEO Tim Cook said the company is open to considering artificial intelligence acquisitions.

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Barchart

Stocks Erase Early Gains as Chip Makers and Big Pharma Retreat

The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.37%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.74%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.55%. September E-mini S&P futures (ESU25 ) fell -0.43%, and September E-mini Nasdaq futures (NQU25...

Benzinga

Palo Alto Networks Downgraded On Strategic Concerns Post CyberArk Deal; Stocks Slide Over 5%

Palo Alto Networks, Inc. (NASDAQ:PANW) shares fell over 5% on Thursday following concerns about strategic risks tied to its acquisition of CyberArk Software Ltd. (NASDAQ:CYBR).

Benzinga

MAGS ETF Hits Record High As Microsoft And Meta Earnings Fuel Tech Rally

The Roundhill Magnificent Seven ETF (BATS:MAGS) surged to an all-time high Thursday morning, powered by blockbuster quarterly earnings from key holdings Microsoft Corp (NASDAQ:MSFT) and Meta Platforms Inc (NASDAQ:META). Here’s what investors need to know.

Benzinga

Guardant Health Analysts Increase Their Forecasts After Stronger-Than-Expected Q2 Earnings

Guardant Health, Inc. (NASDAQ:GH) reported better-than-expected second-quarter financial results and raised its FY25 sales guidance above estimates on Wednesday.

Benzinga

Meta To Rally More Than 56%? Here Are 10 Top Analyst Forecasts For Thursday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Benzinga

Crude Oil Falls 1%; Meta Earnings Top Views

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

Benzinga

Meta, Microsoft Power Wall Street To New Records Despite Inflation Jump: What's Moving Markets Thursday?

A post-earnings surge in Meta Platforms Inc. (NASDAQ:META) and Microsoft Corp. (NYSE:MSFT) sent major tech-heavy indices to fresh record highs Thursday, capping a fourth consecutive month of gains for U.S. equities.

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