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The Latest Breaking News from Nasdaq

Qualcomm Unveils New AI Chips To Compete In Data Center Race

Qualcomm Technologies, Inc. (NASDAQ:QCOM) announced on Monday the launch of its next-generation artificial intelligence inference-optimized solutions for data centers, namely the Qualcomm AI200 and AI250 chip-based accelerator cards and racks.

Benzinga

Nasdaq Surges 300 Points; Keurig Dr Pepper Shares Jump After Q3 Results

U.S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 300 points on Monday.

Benzinga

Verizon Expands Fiber Reach With Eaton Deal, Eyes Growth Under New CEO Dan Schulman

Verizon Communications Inc. ((NYSE, NASDAQ:VZ) has entered into a new commercial fiber agreement with Eaton Fiber LLC, an affiliate of Tillman Global Holdings, to accelerate Verizon's broadband and mobility convergence strategy and strengthen its position in premium connectivity services.

Benzinga

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Elon's Most Impactful Tweet Didn't Move Markets — It Shaped Tesla's Future

Sometimes Elon Musk's posts on social media platforms send cryptocurrencies soaring or Tesla Inc (NASDAQ:TSLA) stock spinning. But one of his most consequential posts on X (formerly known as tweets) didn't move any market — it quietly changed Tesla's future.

Benzinga

Red Cat Shares Jump On Palantir-Powered Drone Test Success

Red Cat Holdings, Inc. (NASDAQ:RCAT) shares are trading higher on Monday after the company disclosed the successful flight test of its Black Widow drone using Palantir Technologies (NASDAQ:PLTR) Visual Navigation (VNav) Software.

Benzinga

Wall Street Rallies As Trump-Xi Talks Fuel Trade Truce Hopes

Global markets surged on Monday as investors grew optimistic that U.S. President Donald Trump and Chinese President Xi Jinping would extend their trade truce during a high-stakes meeting in South Korea this week.

Benzinga

Trump's Quantum Interest Shines Spotlight On IBM's Revenue Lead

As the Donald Trump administration weighs the possibility of taking a stake in quantum computing, IBM (NYSE:IBM) is quietly outpacing the hype. Since 2017, IBM's quantum division has generated nearly $1 billion in revenue, a figure that dwarfs most pure-play quantum startups still in their early commercial stages.

Benzinga

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Taiwan Didn't Steal US Chip Jobs, It Helped Create Them, Says Tech Insider

Contract chipmaker Taiwan Semiconductor Manufacturing Co (NYSE:TSM) stands at the heart of global chip production, symbolizing Taiwan's transformation into what many now call a "chip island."

Benzinga

Stock Market Today: Dow Jones, S&P 500 Futures Climb Ahead Of Busy Week On Wall Street—Novartis, Nucor, Waste Management In Focus

U.S. stock futures rose on Monday following Friday’s positive moves. Futures of major benchmark indices were higher.

Benzinga

Why Avidity Biosciences Shares Are Trading Higher By Around 42%; Here Are 20 Stocks Moving Premarket

Shares of Avidity Biosciences Inc (NASDAQ:RNA) rose sharply in pre-market trading after the company agreed to be acquired by Novartis AG (NYSE:NVS).

Benzinga

Gary Black Thinks Tesla Sales Will Soar Once Elon Musk Solves This Issue As Model Y Becomes Best-Selling Car In Europe During September

Future Fund LLC's managing director, Gary Black, thinks that Tesla Inc.'s (NASDAQ:TSLA) Model 3 and Model Y sales will record a surge if the company can solve a key element in CEO Elon Musk's plans for the company's future.

Benzinga

Jack Dorsey Shares 'Maturity Is Realizing Safari Is Just Better' Meme As Browser Wars Heat Up With AI Debutants

Jack Dorsey, co-founder of Twitter — now X — and CEO of Block Inc. (NYSE:SQ), stirred the internet with a meme praising Apple Inc.'s (NASDAQ:AAPL) Safari browser just as Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google doubles down on AI-powered Chrome amid rising competition and legal scrutiny.

Benzinga

Tesla Rival Xpeng To Enter 3 New European Countries, Targets Cambodia Amid Global Expansion

Xpeng Inc. (NYSE:XPEV) has announced it will expand into new markets in Europe as well as Asia, as the Tesla Inc. (NASDAQ:TSLA) rival joins several Chinese automakers looking to bolster global footprints.

Benzinga

Vivek Ramaswamy's 'Anti-Woke' Asset Management Company Is Surging: Here's Why

Asset management company, Strive Inc. (NASDAQ:ASST) has been surging since Friday, with the stock up 27.29% during the day and another 40% in overnight trade.

Benzinga

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Benzinga

Jim Cramer Backs Elon Musk's $1 Trillion Package: 'Hate Him Or Like Him' He's 'Really Smart,' 'Actually Worth It' (CORRECTED)

Editor’s note: The story was corrected to attribute Elon Musk’s comments to the earnings call.

Benzinga

Bernie Sanders Slams White House Ballroom As Corporate Payback — Says Google, Microsoft Received Big Tax Breaks, Now They're 'Writing Checks' To Trump

Over the weekend, Sen. Bernie Sanders (I-Vt.) is aiming for President Donald Trump's $300 million White House ballroom project, accusing the billionaire and his corporate allies of turning political payoffs into architectural grandeur.

Benzinga

Apple Maps Reportedly Plans To Showing Ads Next Year: Potential Consumer Backlash Or A One-Up On Google Maps?

Apple Inc. (NASDAQ:AAPL) reportedly plans to add advertisements to Maps starting next year.

Benzinga

Apple Inc. To Boost iPad Pro Performance With Vapor Chamber Integration

In a bid to enhance the performance of its iPad Pro, Apple Inc. (NASDAQ:AAPL) is reportedly planning to incorporate a vapor chamber into the device. This feature has been instrumental in improving the performance of the iPhone 17 Pro and Pro Max models.

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Benzinga

Trump's White House Ballroom Donors Include Google, Micron, Palantir and More

President Donald Trump's $300 million White House ballroom project marks the most ambitious structural addition to the presidential residence in over seventy years— and it won't cost taxpayers a dime.

Benzinga

iPod Inventor Tony Fadell Worked Alongside Steve Jobs and Larry Page: The Two Couldn't Have Been More Different

Former Nest CEO Tony Fadell holds a rare vantage point in Silicon Valley, having worked closely with Apple Inc. (NASDAQ:AAPL) cofounder Steve Jobs and, later, Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) cofounder Larry Page and says he learned different lessons from each.

Benzinga

Consumer Tech News (Oct 20-Oct 24): Elon Musk Warns Against NASA-DOT Move, Apple Faces Antitrust Heat And More

Billionaire and SpaceX CEO Elon Musk has sharply criticized a government official’s reported plan to fold NASA into the Department of Transportation, calling it a threat to the agency’s independence and U.S. space leadership.

Benzinga

Jeff Bezos Isn't a Fan of Compromise as a Way of Overcoming Disagreements — Here Is What the Amazon Founder Does Instead

In a 2023 conversation on the Lex Fridman Podcast, Amazon.com, Inc. (NASDAQ:AMZN) founder Jeff Bezos shared his counterintuitive approach to decision-making that prioritizes speed, trust and commitment over endless debate.

Benzinga

Retail Trader Who Sparked Beyond Meat Rally Plays Down Comparisons With 'Roaring Kitty,' Says BYND Surge Is Different: Report

Dimitri Semenikhin, the retail trader who sparked the rally in the Beyond Meat Inc. (NASDAQ:BYND) stock, downplayed comparisons with "Roaring Kitty."

Benzinga

Jensen Huang Believes He Has 4 Major 'Superpowers' But Doesn't Rate His Intelligence As One Of Them: Here's Why

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang is widely cast in tech circles as a genius and a visionary. Yet Huang has said that raw intellect isn't what he prizes most about himself, which is a counterintuitive stance from the architect of the world's most coveted AI chips.

MarketBeat

MarketBeat Week in Review – 10/20 - 10/24

Stocks surged higher on a cooler-than-expected inflation reading and a pending interest rate cut; next week big tech earnings may power stocks even higher

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