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The Latest Breaking News from Nasdaq

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

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

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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.

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.

Benzinga

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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.

Barchart

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.

Benzinga

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...

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.

Barchart

Stocks Narrowly Mixed Ahead of FOMC Decision

The S&P 500 Index ($SPX ) (SPY ) today is up +0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.48%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.12%. September E-mini S&P futures (ESU25 ) are up +0.03%, and September E-mini Nasdaq futures...

Barchart

Dow Surges 250 Points; US Housing Starts Tumble In August

U.S. stocks traded mixed this morning, with the Dow Jones index gaining around 250 points on Wednesday.

Benzinga

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Nvidia's China Strategy In Shambles—Beijing Blocks Chips Amid Antitrust Probe

Nvidia Corp‘s (NASDAQ:NVDA) China dream is unraveling fast. Just as the company thought it had a workaround for U.S. export limits, Beijing slapped down its custom AI chips and opened an antitrust probe, turning one of its most strategic markets into a geopolitical minefield. Investors now face a stark question:…

Benzinga

Apple To Rally More Than 28%? Here Are 10 Top Analyst Forecasts For Wednesday

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.

Barchart

Is State Street Stock Outperforming the Nasdaq?

Over the past year, State Street has delivered stronger returns than the Nasdaq Composite, and analysts remain guardedly positive about its future performance.

Benzinga

Dan O'Dowd Slams Tesla For Redacting Robotaxi Crash Information In NHTSA Reports: 'Robotaxi Had Three Crashes And Injured Somebody'

The Dawn Project's founder and software expert, Dan O'Dowd, has slammed Tesla Inc. (NASDAQ:TSLA) for redacting its Robotaxi crash reports to the NHTSA. O'Dowd has been a vocal critic of the technology.

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Tesla's Semi Truck Head Dan Priestly Says Uber Freight Partnership Will Increase EV Adoption, Save Costs

Tesla Inc.'s (NASDAQ:TSLA) head of the Semi Truck division, Dan Priestley, says the company's partnership with ride-hailing giant Uber Technologies Inc.'s (NYSE:UBER) freight division will help drive EV adoption.

Benzinga

Crypto Is The Money For AI, Says Economist As Coinbase CEO Teases Stablecoin-Powered Transactions Between Agents

Renowned economist Alex Tabbarok described cryptocurrencies as the “money” for artificial intelligence on Tuesday after Coinbase Global Inc. (NASDAQ:COIN) CEO teased a new feature that enables AI agents to transact using stablecoins.

Benzinga

Elon Musk Thinks xAI Can Achieve AGI With Grok 5 Amid Renewed Focus On Tesla, AI: 'Never Thought That Before'

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk thinks that his artificial intelligence company, xAI, can achieve AGI with the latest version of its AI model, Grok 5.

Benzinga

Berkeley And Dartmouth Leaders Warn Of Lost Growth, Critical Thinking: AI Can Teach Facts, Not Humanity

Leading educators and investors argue that while AI can deliver knowledge, it cannot replicate the human growth, critical thinking, and social development that make higher education transformative.

Benzinga

Meta Faces Heat Over Child Safety As Senators Demand Mark Zuckerberg-Led Company Disclose Internal Research

Meta Platforms Inc. (NASDAQ:META) is under renewed fire in Washington as a bipartisan group of senators demanded the company release internal assessments on how its products affect children, citing evidence that parental controls are failing to protect young users.

Benzinga

Tesla Robotaxi Rival Waymo Reaches 96 Million Driverless Miles As Robotaxi Race Heats Up

Alphabet Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) self-driving cab service Waymo has announced that its Robotaxis have completed 96 million driverless miles, further enhancing its self-driving credentials.

Benzinga

Donald Trump Arrives In UK For Second State Visit As $42 Billion US Tech Investment Boosts AI And Quantum Projects

President Donald Trump arrived in Britain on Tuesday evening for his unprecedented second state visit, greeted with royal pageantry and the announcement of a multibillion-dollar U.S. technology investment in the United Kingdom.

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