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The Latest Breaking News from Nasdaq

Consumer Tech News (Sep. 15 – Sep. 19): Fed Rate Cut Lifts Wall Street To Records As Meta Unveils Smart Glasses, Nvidia-Intel Forge Chip Pact

U.S. stocks surged to fresh record highs after the Federal Reserve cut interest rates for the first time in nine months and hinted at more easing ahead.

Benzinga

Apple's iPhone 17 Series Takes Off, Meta's New Smart Glasses And Major Partnerships In AI Space: This Week In AI

The tech world was buzzing this past weekend with a slew of exciting developments. From the successful launch of Apple Inc.’s (NASDAQ:AAPL) iPhone 17 series in China and India to Meta Platforms Inc.’s (NASDAQ:META) unveiling of new smart glasses, there was no shortage of news. Let’s dive into the top stories.

Benzinga

Darden, Humana, And Rocket Lab Are Among Top 10 Large Cap Losers Last Week (Sep. 15- Sep. 19): Are The Others In Your Portfolio?

These ten large-cap stocks were the worst performers last week. Are they a part of your portfolio?

Benzinga

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Bill, Melinda French Gates Teach Phoebe The Power Of People, Not Money, As Her AI Fashion-Tech Startup Secures $8 Million From Top Investors

A billionaire and co-founder of Microsoft Corporation (NASDAQ:MSFT), Bill Gates and Melinda French Gates may be among the world's richest philanthropists, but when it comes to their 23-year-old daughter Phoebe's first company, the only thing they offered was advice, not cash.

Benzinga

Zoom CEO Backs Jensen Huang, Bill Gates' Prediction Of A 3-Day Work Week: 'Why Do We Need To Work For Five Days A Week?'

Zoom Communications Inc. (NASDAQ:ZM) CEO Eric Yuan has suggested a future where employees might work only three days a week, thanks to advancements in AI technology.

Benzinga

LinkedIn Co-Founder Reid Hoffman Spends Over $650 Monthly In Multi-AI Subscriptions

Reid Hoffman, the co-founder of LinkedIn, shared that his personal approach to using AI involves paying for premium subscriptions to all the major AI platforms, which totals at least $650 per month.

Benzinga

S&P 500, Nasdaq, Dow Reach Record Highs After Fed Signals More Cuts; Jobless Claims, Manufacturing Data Beat Consensus

US equity indexes soared a day after the US Fed hinted at more rate cuts this year after lowering the federal funds rate by 25 bps to 4% to 4.25%.

International Business Times UK

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Trump's H-1B Visa Plan Stuns Big Tech, White House Says $100,000 Fee Is One-Time Only

President Donald Trump‘s proposed $100,000 H-1B visa fee confused large U.S. companies, prompting the White House to clarify the situation on Saturday.

Benzinga

uCloudlink's GlocalMe Taps Into U.S. Pet Boom With PetPhone After Market Re-Entry

uCloudlink Group Inc's (NASDAQ:UCL) consumer brand GlocalMe is making a renewed push into the U.S. with the launch of PetPhone, an AI-powered device designed to let pets and owners stay connected.

Benzinga

How Ride-Hailing Platforms Could Be The Real Winners Of The Autonomous Driving Push

As the U.S. ramps up its focus on autonomous driving, companies like Tesla Inc. (NASDAQ:TSLA), Alphabet Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo, as well as Amazon.com Inc.'s (NASDAQ:AMZN) Zoox are driving the sector forward.

Benzinga

Judge Tosses Trump's $15 Billion Case Against New York Times, President Claims He's 'Winning'

A federal judge in Tampa rejected President Donald Trump‘s $15 billion defamation lawsuit against The New York Times (NYSE:NYT) on Friday, labeling the filing as “decidedly improper.” Judge Steven Merryday gave Trump 28 days to resubmit the lawsuit, with a 40-page limit.

Benzinga

Tesla Cleared To Test Self-Driving Robotaxis In Arizona, Expanding Ambitions Beyond Austin

Tesla Inc. (NASDAQ:TSLA) has been given the green light to start testing self-driving robotaxi cars with safety monitors in Arizona. This is another step in the company’s effort to roll out its ride-hailing services across the country.

Benzinga

Former Intel Directors Call For Trump And Nvidia To Take Chip Giant Private: 'Hope Is Not A Strategy'

Four former Intel directors, including former U.S. Trade Representative Charlene Barshefsky and former FCC Chair Reed Hundt, are calling for Intel Corp. (NASDAQ:INTC) to go private as the company struggles to regain its footing in the global semiconductor market.

Benzinga

Bernie Sanders Rips Into Elon Musk's Tesla Pay Package — But Chamath Palihapitiya Fires Back, Defending It As 'Earned'

On Friday, Sen. Bernie Sanders (I-Vt.) blasted Tesla Inc.'s (NASDAQ:TSLA) proposed $1 trillion compensation plan for CEO Elon Musk, calling it insane, while venture capitalist Chamath Palihapitiya defended the deal as a performance-based reward tied to revolutionary products.

Benzinga

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Benzinga

Mark Zuckerberg Warns AI Boom Could Mirror Dot-Com Bubble: '...Something Like That Would Happen Here'

Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg has acknowledged the possibility of an AI-driven market bubble, comparing today's frenzy to the dot-com era, but said failing to invest aggressively would be an even bigger mistake.

Benzinga

US To Impose $100,000 Annual Fee On H-1B Visas As Analysts Warn Trump Risks 'Taxing Away' America's Innovation Edge

On Friday, the Donald Trump administration said it would require companies to pay $100,000 per year for each H-1B visa, a dramatic increase that could reshape tech hiring and trigger broader consequences for the U.S. position in the global artificial intelligence race.

Barchart

Stock Indexes Rally to New Record Highs on Fed Rate Cut Optimism

The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +0.49%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.37%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.70%. December E-mini S&P futures (ESZ25 ) rose +0.42%, and December E-mini Nasdaq futures...

Benzinga

If You Invested In Apple Stock Instead Of Buying iPhones Each Year, Here's How Much You'd Have Today

The highly anticipated iPhone 17 was released by Apple Inc (NASDAQ:AAPL) on Friday, a smartphone that could usher the tech giant deeper into the artificial intelligence sector.

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Benzinga

EXCLUSIVE: Faraday Future Wants A Tesla-Style Breakout—And Mariah Carey's Already Driving

Faraday Future Intelligent Electric Inc (NASDAQ:FFAI) isn't shy about its ambitions—or its eclectic playbook. After more than a decade and $4 billion invested in tech, the California-based EV maker is pitching itself as Tesla 2.0, only with a celebrity sheen and a crypto kicker. President Jerry Wang told Benzinga in…

Benzinga

Crude Oil Down 1%; Lennar Earnings Miss Views

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining around 100 points on Friday.

Benzinga

Hasbro Bets On Magic, Mattel Waits For Holiday Rebound

Hasbro Inc. (NASDAQ:HAS) and Target Corporation (NYSE:TGT) are riding a surge in trading-card demand. At the same time, Mattel Inc.‘s (NASDAQ:MAT) outlook shifts toward a holiday-heavy fourth quarter amid tighter retailer inventories.

Benzinga

Nvidia Is The Winner In Intel Partnership: Analyst Says Deal Widens 'Customer Base'

A semiconductor partnership between NVIDIA Corporation (NASDAQ:NVDA) and Intel Corp (NASDAQ:INTC) could benefit both companies, but one analyst sees a clear winner in the tie-up.

Benzinga

Stock Of The Day: Reversal Time For Rigetti?

Rigetti Computing, Inc. (NASDAQ:RGTI) shares continue to move higher on Friday. The stock has made a huge move up over the past week. It is the Stock of the Day.

Benzinga

22nd Century Group Shares Are Trading Higher Friday: What's Going On?

22nd Century Group, Inc. (NASDAQ:XXII) shares are trading higher Friday after the company announced it repaid the remaining $3.9 million of its senior unsecured notes.

Barchart

Stocks Edge Higher on Hopes of More Fed Rate Cuts

The S&P 500 Index ($SPX ) (SPY ) today is up +0.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.23%. December E-mini S&P futures (ESZ25 ) are up +0.09%, and December E-mini Nasdaq futures...

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