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The Latest Breaking News from Nasdaq

IBM-AMD Alliance Targets Drug Discovery, Climate Modeling With Quantum Supercomputers

International Business Machines Corp. (NYSE:IBM) and Advanced Micro Devices Inc. (NASDAQ:AMD) are partnering to advance quantum-centric supercomputing, combining IBM’s quantum hardware and software expertise with AMD’s strength in high-performance computing and AI acceleration.

Benzinga

5 Regional Bank Stocks Exploding Higher

In a promising sign for investors seeking value in the financial sector, several regional banks have staged a remarkable recovery in quality rankings this week, climbing out of the bottom percentiles of operational efficiency and financial health.

Benzinga

NYC Taxi Drivers Demand Governor Hochul Halt Waymo's Robotaxi Rollout: 'Robots Cannot Replace Human Instinct'

Cab drivers in NYC have called on the New York State Governor, Kathy Hochul, to stop Alphabet Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo Robotaxis from expanding into the city.

Benzinga

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WeRide Unveils Shenzhen's First Fully Driverless Robobus Line

WeRide (NASDAQ:WRD) tapped Shenzhen Bus Group to launch Shenzhen’s first fully driverless Level 4 Robobus line in Luohu District, operating in the city’s humming central business district.

Benzinga

Stock Market Today: S&P 500, Nasdaq 100 Futures Slip After Trump Fires Fed Governor Lisa Cook—Interactive Brokers, PVH Corp, Okta In Focus (UPDATED)

Editor’s Note: The future prices of benchmark tracking ETFs, the lede, and the latest economic releases were updated in the story.

Benzinga

Elon Musk's Tesla Registrations in China Drop 27% Year-Over-Year

Tesla Inc.'s (NASDAQ:TSLA) registrations in China tumble again as sales woes continue to plague Elon Musk's EV giant.

Benzinga

Satya Nadella Once Praised Palantir's FDE Model, But Ex-CFO Says It's 'Lighting Equity On Fire' Over $20K Contracts

Palantir Technologies Inc.‘s (NASDAQ:PLTR) former CFO Colin Anderson warns that the company’s signature Forward Deployed Engineer model only makes financial sense for large-scale contracts, calling smaller implementations “lighting equity on fire.”

Benzinga

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Netflix Expands Into Live Sports, Bags Exclusive Streaming Deal For 2026 World Baseball Classic In Japan

Netflix Inc. (NASDAQ:NFLX) has secured the exclusive streaming rights for the 2026 World Baseball Classic (WBC) in Japan, marking its first live sports event in the country.

Benzinga

This Nvidia Supplier Is Turning Up The Heat: Growth Metrics Spike As Stock Looks Set For A Breakout

Nvidia Corp’s (NASDAQ:NVDA) biggest manufacturing partner, Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM), saw a big spike in its Growth metrics in Benzinga’s Edge Stock Rankings.

Benzinga

Cathie Wood's Nuclear Power Bet Boosts Energy Fuels, Up Over 110% This Year—Expert Hails UUUU's Ability To 'Power AI Data Centers'

A powerful new investment thesis is gaining traction as the immense energy needs of artificial intelligence collide with a renewed push for nuclear power. While Cathie Wood's Ark Invest champions nuclear as a potential low-cost energy solution, one expert is pointing to a single U.S. company, Energy Fuels Inc. (NYSE:UUUU),…

Benzinga

Jeff Bezos-Backed Perplexity AI Faces Lawsuit In Japan As Media Giants Nikkei, Asahi Claim AI Platform Illegally Stored, Misused Articles

Japanese media giants Nikkei and Asahi Shimbun have filed a lawsuit against Perplexity AI, which is backed by Amazon founder Jeff Bezos and Nvidia Corporation (NASDAQ:NVDA). They accused the AI search startup of copying and storing their content without permission.

Benzinga

Top Wall Street Forecasters Revamp nCino Expectations Ahead Of Q2 Earnings

nCino, Inc. (NASDAQ:NCNO) will release earnings results for the second quarter, after the closing bell on Tuesday, Aug. 26.

Benzinga

Millions Of YouTube TV Subscribers Could Lose Fox Channels Amid Standoff Over Carriage Rates, Rising Streaming Costs

YouTube TV has warned that millions of subscribers could lose access to Fox channels this week if Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Fox Corporation's (NASDAQ:FOX) fail to reach a new carriage agreement.

Benzinga

Elon Musk's Tesla Could Have Paid $60 Million Over Fatal 2019 Autopilot Crash, Instead It Must Now Pay $243 Million

Tesla Inc. (NASDAQ:TSLA) led by CEO Elon Musk rejected a $60 million settlement offer before a Miami federal jury awarded $243 million in damages over a fatal 2019 Autopilot crash, according to court filings disclosed Monday.

Benzinga

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Benzinga

Robinhood Snubbed By S&P 500 Again, But Cathie Wood's Ark Invest Sees Big Upside In Sports-Finance Convergence

Shares of Robinhood Markets Inc. (NASDAQ:HOOD) have stumbled, falling over 7% in the last five trading sessions, as it didn’t make it into the SP 500 index again; however, a bullish outlook from Cathie Wood‘s Ark Invest sees the company poised to disrupt the multi-billion-dollar sports betting industry.

Benzinga

Tilray Stock Continues To Rally After Hours: Here's Why Its Moving

Pharmaceuticals and cannabis lifestyle company, Tilray Brands Inc. (NASDAQ:TLRY), rallied 20.87% on Monday and is now showing no signs of slowing down, with another 4.32% gain after hours, as broad-based tailwinds begin to align in the company’s favor.

Benzinga

Kevin O'Leary Says Intel Should Have Been 'Sold For Car Parts' 3 years Ago: Shark Slams Trump's $11 Billion Investment Move

On Monday, Kevin O'Leary delivered a blistering critique of President Donald Trump's $11 billion government investment in Intel Corporation (NASDAQ:INTC), arguing that taxpayer money should not be used to prop up a company he believes has failed to innovate.

Benzinga

Elon Musk's xAI, X Sue Apple And OpenAI, Seek Billions In Damages, Say ChatGPT Partnership Is A 'Tale Of Two Monopolists Joining Forces'

Elon Musk's artificial intelligence company xAI and social media platform X have filed a lawsuit against Apple Inc. (NASDAQ:AAPL) and artificial intelligence giant OpenAI, alleging the companies favored ChatGPT over xAI's Grok and others.

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Benzinga

Jensen Huang Wants To Know If CC Wei Is 'Still Paying For Dinner' As Nvidia And TSMC CEO's Discuss High-Stakes China-Specific AI Chips

Nvidia Corporation (NASDAQ:NVDA) CEO Jensen Huang's trip to Taiwan for high-stakes talks with Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) CEO CC Wei was punctuated by playful banter over dinner.

Benzinga

Apple Earnings In Focus After Streaming Price Increase: Gene Munster Says This 'Will Be Apple's Growth Playbook'

Tech giant Apple Inc (NASDAQ:AAPL) recently announced a price increase for its streaming customers, taking its AppleTV+ subscriptions from $9.99 per month to $12.99 per month, its first price increase since 2023.

Barchart

Stocks Settle Lower as Bond Yields Rise

The S&P 500 Index ($SPX ) (SPY ) on Monday closed down by -0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.31%. September E-mini S&P futures (ESU25 ) fell -0.37%, and September...

Benzinga

Crude Oil Surges 2%; Chicago Fed National Activity Index Edges Lower in July

U.S. stocks traded mixed toward the end of trading, with the Dow Jones index falling more than 250 points on Monday.

Benzinga

Marvell Set To Double AI Chip Sales To $4 Billion Next Year, Analyst Projects

JPMorgan analyst Harlan Sur projects that Marvell Technology‘s (NASDAQ: MRVL) AI-related business will more than double year-over-year to $4 billion in 2025 and continue to accelerate in 2026.

Benzinga

BeOne Cashes In On Amgen's Cancer Drug Royalties In Multibillion-Dollar Pharma Tie-Up

BeOne Medicines Ltd. (NASDAQ:ONC) on Monday agreed to sell its royalty rights on the worldwide sales, excluding China, of Amgen Inc.’s (NASDAQ:AMGN) Imdelltra (tarlatamab-dlle) for up to $950 million to Royalty Pharma Inc. (NASDAQ:RPRX).

Benzinga

Apple iPhone 17 Launch Could Trigger 'Sell The News' Reaction, Analyst Warns

Apple Inc. (NASDAQ:AAPL) is gearing up for its next iPhone cycle with a September launch expected to spotlight a new ultra-thin iPhone 17 Air, but muted consumer buzz and restrained carrier promotions suggest the release may lack the blockbuster momentum of past product cycles.

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