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The Latest Breaking News from Nasdaq

Tesla Robotaxi Downloads Outpace Uber By 40% On Apple's App Store Amid Ease Of Self-Driving Regulations

Downloads for Tesla Inc.'s (NASDAQ:TSLA) Robotaxi app on Apple Inc.'s (NASDAQ:AAPL) App Store hit a record high amid proposed autonomous driving regulations.

Benzinga

Broadcom's CEO Hock Tan Declares 'The Network Is The Computer' — Says Ethernet Is The Backbone For AI Scale-Out

Broadcom Inc.’s (NASDAQ:AVGO) CEO, Hock Tan, is doubling down on Ethernet as the default interconnect for the AI era, saying the company's networking architecture is essential for training large language models at scale.

Benzinga

Trump's Transportation Secretary Sean Duffy Proposes Eased Regulations For Autonomous Driving: 'America Must Lead…'

The NHTSA, under President Donald Trump's Transportation Secretary, Sean Duffy, has announced it will ease regulatory hurdles for autonomous driving in the U.S. amid a domestic Robotaxi push.

Benzinga

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OpenAI To Certify 10 Million Americans In Generative AI By 2030, Partnering With Walmart To Train The Next Wave Of AI-Savvy Workers

OpenAI announced on Thursday that it will offer generative artificial intelligence certifications as businesses increasingly seek workers with artificial intelligence skills.

Benzinga

Apple's AI Story Could Finally Take Off, Says Gene Munster, As Siri Gets Google-Powered Upgrade — Is The Bar About To Be Raised?

Apple Inc. (NASDAQ:AAPL) could finally be able to move past the limbo it has been in terms of AI growth, according to Gene Munster.

Benzinga

Alex Karp Wanted $250K While Building Palantir With Peter Thiel—Now Worth $14 Billion, PLTR CEO Recalls How Dyslexia Taught Him To Reject Conformity

Palantir Technologies Inc. (NASDAQ:PLTR) CEO Alex Karp reveals his unconventional journey from modest financial goals to leading a data analytics giant worth over $370 billion in market capitalization.

Benzinga

Hock Tan's CEO Stint Saw Broadcom's Stock Shoot Up 26,750% After Listing, Now He's Staying On Amid Explosive AI Revenue Gains, Nvidia Rivalry

Broadcom Inc. (NASDAQ:AVGO) has extended CEO Hock Tan's leadership through 2030, rewarding the executive who has overseen a staggering 26,750% stock surge while steering the company into the heart of the artificial intelligence hardware race against Nvidia Corporation (NASDAQ:NVDA).

Benzinga

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Amid Trump's White House Rose Garden Event Snub, Elon Musk Says He Was Invited But 'Unfortunately Could Not Attend'

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk says that he was invited to the Rose Garden event at the White House by President Donald Trump, but he wouldn't be able to attend.

Benzinga

OpenAI To Mass-Produce 1st Proprietary AI Chip With Broadcom, Secures $10 Billion Deal: Report

OpenAI is set to begin mass production of its first proprietary artificial intelligence chip next year through a partnership with Broadcom Inc. (NASDAQ:AVGO), marking a strategic shift away from its reliance on Nvidia Corp. (NASDAQ:NVDA) amid surging demand for artificial intelligence computing power.

Benzinga

Elon Musk Says 80% Of Tesla's Value Lies In Robots While China's UBTech Scores Record Deal, JPMorgan Sees Beijing Firms Leading The Humanoid Boom

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk doubled down on his robotics vision on Tuesday, predicting that the company’s Optimus humanoid robots will eventually represent approximately 80% of Tesla’s total value.

Benzinga

Trump Says He's Making It 'Very Easy' For Business As Mark Zuckerberg, Tim Cook And Tech CEOs Recite Investment Pledges

On Thursday, President Donald Trump hosted top technology executives at the White House, using the event to tout his business-friendly agenda while pressing leaders on how much they are investing in the U.S.

Benzinga

Trump's $13 Billion Mistake: President Could Have Bought Dallas Cowboys For $50 Million

President Donald Trump's wealth has increased in recent years, with a big gain thanks to his stake in Trump Media Technology Group (NASDAQ:DJT) and his family's cryptocurrency ventures. Things may have been different if Trump acquired an NFL team in 1980 with his wealth likely worth significantly more and his…

Benzinga

Nvidia Just Went Quantum—And ETFs Are Scrambling To Catch Up

Nvidia Corp. (NASDAQ:NVDA) has made a big leap into quantum computing with its involvement in a $600 million funding round for Quantinuum, a majority Honeywell International Inc. (NASDAQ:HON)-owned quantum technology company.

Benzinga

Syndax Gains Attention With Strong Drug Portfolio, Path To Leukemia Market Growth

Investors are increasingly looking to biotechnology companies for potential breakthroughs and profitable returns, as the sector shows resilience and growth amid broader market volatility. Within this landscape, Syndax Pharmaceuticals Inc. (NASDAQ:SNDX) is capturing attention with its promising drug portfolio and financial performance.

Benzinga

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Benzinga

Nasdaq Gains Over 100 Points; Science Applications Shares Fall After Q2 Results

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more than 100 points on Thursday.

Benzinga

What Going On With Lucid Group Stock Thursday?

Lucid Group, Inc. (NASDAQ:LCID) has unveiled its latest global brand campaign, Driven, featuring Academy Award-nominated actor Timothée Chalamet.

Benzinga

ETF Traders Are Quietly Positioning For Market Turbulence: Direxion

American equities might be printing new highs, but leveraged ETF flows are suggesting a market that is becoming more tactical rather than euphoric. Edward Egilinsky, managing director and head of Alternative Investments at Direxion ETFs, on Thursday said that in August, there was a move away from vanilla bullish wagers…

Benzinga

Dow Surges 200 Points; US Initial Jobless Claims Rise

U.S. stocks traded higher midway through trading, with the Dow Jones index gaining around 200 points on Thursday.

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Benzinga

Sam Bankman-Fried Invested In Anthropic Early, Here's How Much His Stake Would Be Worth If It Wasn't Sold While He Was In Prison

Former FTX CEO and co-founder, Sam Bankman-Fried, is currently serving more than 20 years behind bars after being convicted of fraud and conspiracy charges in 2023. An investment made by Bankman-Fried on behalf of FTX could have turned into huge profits, but was sold while the former crypto figure was…

Benzinga

Looking For The Next Opendoor? Try These 5 Stocks Eric Jackson Holds

Eric Jackson, founder of EMJ Capital, is known for his bullish view on Opendoor Technologies, Inc. (NASDAQ:OPEN) which he has targeted as a potential “100-bagger,” projecting targets as high as $82 per share.

Barchart

Stocks Supported by Fed Rate Cut Expectations

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.31%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.28%. September E-mini S&P futures (ESU25 ) are up +0.29%, and September...

Benzinga

ASML Explores India As Geopolitical Risks Threaten China Business

ASML Holding NV (NASDAQ:ASML), the world’s leading supplier of advanced chipmaking equipment, is seeking a foothold in India as Prime Minister Narendra Modi pushes to establish a domestic semiconductor industry.

Benzinga

Shoe Carnival Lifts Profit Outlook As CEO Praises Rebanner Momentum, Stock Soars

Shoe Carnival, Inc. (NASDAQ:SCVL) shares surged Thursday after the company reported its second-quarter results.

Benzinga

The Real Reason Behind Bitcoin Outperforming The S&P500, Gold, Real Estate Over The Last 10 Years

Bitcoin (CRYPTO: BTC) has outperformed other asset classes over the past decade, though market commentators highlighted its significantly higher volatility.

Barchart

Stocks Gain and Bond Yields Fall as US Labor Market Cools

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.14%. September E-mini S&P futures (ESU25 ) are up +0.19%, and September...

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