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The Latest Breaking News from Nasdaq

Meta Losing AI Spending War To Google, Microsoft, Warns 'Big Short' Investor Steve Eisman

Steve Eisman, the investor famed for predicting the 2008 collapse, has warned that Meta Platforms Inc. (NASDAQ:META) is losing a critical AI war against Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Microsoft Corp. (NASDAQ:MSFT), arguing the company simply “cannot bear the burden” of the industry’s massive spending race.

Benzinga

Marvell Technology Shares Jump 9.8% Pre-Market After Report Says Japan's SoftBank Mulled Takeover Of US Chipmaker (UPDATED)

(Editor’s note: The headline and story were updated to include MRVL’s stock move premarket)

Benzinga

Robinhood Woos Tesla Shareholders With 2% Bonus Ahead Of Crucial Shareholder Meeting

Trading platform Robinhood Markets Inc. (NASDAQ:HOOD) announced that it will offer benefits to its users for moving Tesla Inc. (NASDAQ:TSLA) shares on its platform ahead of the shareholder meeting.

Benzinga

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Qualcomm CEO Confirms Data Centers As 'Next Chapter' For Expansion, Touting 'Multibillion-Dollar Opportunity'

Qualcomm Inc. (NASDAQ:QCOM) CEO Cristiano Amon said the company’s entry into the AI data center market is the “next chapter” of its diversification strategy, calling it a “potential multibillion-dollar revenue opportunity” during a stellar fourth-quarter earnings call.

Benzinga

Ross Gerber Slams Tesla For Spending Money On Promoting Elon Musk's $1 Trillion Pay Package, While 'Struggling To Sell Cars'

Investor Ross Gerber, of Gerber Kawasaki Wealth and Investment Management, is calling out Tesla Inc.’s (NASDAQ:TSLA) priorities, amid reports of digital advertising campaigns being run to promote CEO Elon Musk’s controversial $900 billion compensation plan.

Benzinga

Gene Munster Says Apple Scored 'Deal Of The Year' With $1 Billion Google Gemini Partnership For Siri — While Still Pocketing $20 Billion From Search

On Wednesday, Deepwater Asset Management's managing partner Gene Munster said that Apple Inc. (NASDAQ:AAPL) "scored deal of the year." His statement came after it was reported that Cupertino plans to pay $1 billion/year to Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google to help power Siri's much-awaited overhaul.

Benzinga

Dan Ives Expects Elon Musk's $1 Trillion Pay Plan To Pass, Adam Jonas Warns Of Risks Ahead Of Tesla Vote

Ahead of Tesla Inc.'s (NASDAQ:TSLA) shareholder meeting, where the investors will vote on several key decisions, analysts remain divided in their predictions over CEO Elon Musk’s trillion-dollar pay package.

Benzinga

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WeRide’s CEO pitches robotaxis as a solution to aging populations and long commutes, as the firm raises more money for R&D with an HK IPO

CEO Tony Han talks about Chinese investors, self-driving cars as a social good, and why companies like Uber are turning to Chinese robotaxi partners.

Fortune

JPMorgan CEO Jamie Dimon Says Nvidia Is An 'Unbelievable' Company — But Warns Investors Some AI Stocks May Be Overpriced

On Wednesday, JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon praised Nvidia Corporation (NASDAQ:NVDA) and the artificial intelligence revolution but cautioned that some stocks in the sector might be trading at unsustainable valuations.

Benzinga

Jensen Huang Warns China Will Win The AI Race Days After Donald Trump Said US Won't Let 'Anybody' Have Nvidia's Most Advanced Chips

On Wednesday, Nvidia Corporation (NASDAQ:NVDA) CEO Jensen Huang warned that China is poised to surpass the U.S. in artificial intelligence development, citing cheaper energy and looser regulations that give Beijing an edge.

Benzinga

Jensen Huang Once Said He Would Have Followed Mark Zuckerberg's Playbook For A 'Head Start' In Life If He'd Known Success Would Take So Long

At SIGGRAPH 2024, Nvidia Corporation (NASDAQ:NVDA) CEO Jensen Huang shared a humorous insight into the long road to success, joking that he might have followed Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg's early college-dropout approach if he had known how long building a tech empire would take.

Benzinga

Robinhood, Duolingo, Qualcomm, Applovin And Snap: Why These 5 Stocks Are On Investors' Radars Today

Major U.S. indices closed higher on Wednesday, with the Dow Jones Industrial Average rising nearly 0.5% to 47,311, the SP 500 advancing about 0.4% to 6,796.29, and the Nasdaq climbing 0.65% to 23,499.79.

Benzinga

AI Stocks Are Surging—But Volatility Could Be the Next Big Test

AI is transforming markets, but soaring valuations bring risk. Here’s how to invest in AI wisely, according to Dan Ferris of Stansberry Research.

MarketBeat

Stocks Rally on Positive US Economic News and Strength in Chipmakers

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.37%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.48%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.72%. December E-mini S&P futures (ESZ25 ) rose +0.36%, and December E-mini Nasdaq futures...

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Benzinga

reAlpha CEO Logozzo Details AI Platform Pivot, Plan To Convert AIRE's 'Traders To...Investors'

Mike Logozzo, the new CEO of reAlpha Tech Corp. (NASDAQ:AIRE), has detailed the company’s significant strategic pivot from an “asset-heavy” rental model to a vertically integrated, AI-powered home buying platform.

Benzinga

Stocks Rebound, Eli Lilly Jumps To 14-Month Highs: What's Moving Markets Wednesday?

Wall Street bounced back Wednesday after Tuesday's sharp selloff in AI-driven stocks, as investors bought the dip amid solid corporate earnings and growing signs that the Federal Reserve may be nearing another interest rate cut.

Benzinga

Crude Oil Down 1%; Solid Power Shares Spike Higher

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 200 points on Wednesday.

Barchart

Stocks Rebound on Economic Optimism

The S&P 500 Index ($SPX ) (SPY ) today is up +0.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.41%. December E-mini S&P futures (ESZ25 ) are up +0.39%, and December E-mini Nasdaq futures...

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Barchart

Market Downturn Offers New Opportunities: Two 52-Week Low Stocks Worth a Bet

For the first time in weeks, there were more new 52-week lows than 52-week highs yesterday. That will happen when stocks course correct on valuation concerns. This market downturn spells opportunity. Here are two new 52-week lows worth a bet.

Benzinga

Fortnite Maker Epic Games CEO Tim Sweeney Praises Google's 'Awesome Proposal' To Open Up Android And Resolve App Store Fight

Tim Sweeney, the CEO of Fortnite maker Epic Games, praised a proposal by Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) to open up Android in the U.S. Epic v. Google case, subject to court approval.

Benzinga

How To Earn $500 A Month From Qualcomm Stock Ahead Of Q4 Earnings

Qualcomm Incorporated (NASDAQ:QCOM) will release earnings results for the fourth quarter after the closing bell on Wednesday, Nov. 5.

Benzinga

AMD To Rally Around 12%? 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.

Benzinga

Grab To Launch Autonomous Robobuses In Singapore In 2026, Retrain Drivers For New Tech Roles: 'We See New Kinds Of Jobs Emerging'

Grab Holdings Limited (NASDAQ:GRAB) plans to introduce autonomous robobuses in Singapore in early 2026, while exploring ways to retrain human drivers for emerging technology-focused roles.

Benzinga

Stock Market Today: Dow, S&P 500, Nasdaq Futures Slip But McDonald's Rises After Q3 Beat— AMD, Qualcomm, Robinhood In Focus (UPDATED)

(Editor’s note: The future prices of benchmark tracking ETFs and headlines were updated in the story.)

Benzinga

Perplexity Fires Back At Amazon's Legal Threat On Agentic Shopping: 'Bullying Is Not Innovation'

Perplexity and Amazon.com (NASDAQ:AMZN) engaged in a heated dispute after the e-commerce giant issued a legal threat to the AI startup over the use of its AI assistants for online shopping.

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