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The Latest Breaking News from Benzinga

Gold Tumbles Over 2%; Cidara Therapeutics Shares Spike Higher

U.S. stocks traded mixed midway through trading, with the Dow Jones index falling around 200 points on Friday.

Benzinga

Elon Musk Says Solar Will Rule The World — And These ETFs Are Proving Him Right

Elon Musk‘s declaration that “solar electricity will become by far the biggest source of power for civilization” has revived attention on a sector that’s been surging in real-world deployment but lagging in market performance. And for investors looking to ride what may be the steepest growth curve in global energy,…

Benzinga

Branding Your Baby: How A 'Name Nerd' Turned An Obsession Into A Luxury Service

The latest luxury service for the ultra-wealthy? Professional baby naming. Taylor A. Humphrey charges expectant parents as much as $30,000 to name their heirs, according to the San Francisco Chronicle.

Benzinga

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AI Spending Is Shifting — And Broadcom, Marvell Are Positioned To Win

AI datacenters are quietly entering a new phase, and it could reshape which companies benefit most from the next wave of spending. That's according to Sri Kanajan, a data scientist at Scale AI and former senior data scientist at Meta Platforms Inc (NASDAQ:META), who joined a JPMorgan-hosted call to break…

Benzinga

First Solar Picks South Carolina For Big New Plant And Hundreds Of Jobs

First Solar, Inc. (NASDAQ:FSLR) is expanding its U.S. manufacturing footprint with a new production facility planned for Gaffney, South Carolina — a move aimed at strengthening domestic solar manufacturing and supporting the nation's clean-energy infrastructure goals.

Benzinga

Applied Materials Bounces Back As Analysts Boost Targets On Strong Q4

Applied Materials Inc (NASDAQ:AMAT) shares — after being in a slump Friday morning — are now up, after the company reported on Thursday up-beat fiscal fourth-quarter results.

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Twist Bioscience Eyes Profit Turnaround In 2026 After Narrowing Losses

Twist Bioscience Corporation (NASDAQ:TWST) on Friday posted mixed fourth-quarter results, reporting a loss of 45 cents per share, slightly wider than the consensus estimate of a 43-cent loss.

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XRP And ADA Plummet Another 5% — What's Next?

XRP (CRYPTO: XRP) and Cardano (CRYPTO: ADA) are down over 5% over the past 24 hours as sellers dragged the two large-cap altcoins back toward the critical support zones that have held the market together since early fall.

Benzinga

Ron Baron Says Tesla Could 5X And SpaceX 10X — Says Musk Is 'Like Da Vinci'

Billionaire investor Ron Baron has had high conviction in Elon Musk for years. The investor, who owns stakes in Tesla Inc (NASDAQ:TSLA), SpaceX and xAI, may have even more conviction in Musk for the future.

Benzinga

Bristol Myers Faces Another Trial Disappointment As Heart Drug Milvexian Fails To Show Efficacy

Bristol Myers Squibb Co. (NYSE:BMY), in collaboration with Johnson Johnson (NYSE:JNJ), announced Friday that they decided to stop the Phase 3 Librexia ACS trial evaluating the efficacy and safety of milvexian when added to the standard of care (conventional antiplatelet therapy) for patients after a recent acute coronary syndrome (ACS)…

Benzinga

Classic TV Auction Pulls In $3.17 Million As Batman, Star Trek & Fonzie Props Sell In What Was Deemed 'A Love Letter To The Golden Age Of Television'

By the time the final gavel fell, collectors and investors from around the world had spent more than $3.17 million at Heritage Auctions' Television Treasures sale, spotlighting how nostalgia-fueled buying of collectibles from the past is now serious business.

Benzinga

"We're Always Buying Bitcoin" — Michael Saylor Says MSTR Is Safe Even If BTC Crashed 80%

Michael Saylor reignited market attention Friday after posting "We are buying" on X and reaffirming that Strategy Inc. (NASDAQ:MSTR) remains secure even if Bitcoin (CRYPTO: BTC) drops as much as 80%.

Benzinga

Walt Disney Streams Revenue Miss, Weak Guidance: These Analysts Raise Projections

Walt Disney Co (NYSE:DIS) shares tanked in early trading on Friday after the company reported mixed fiscal fourth-quarter results on Thursday.

Benzinga

The Ability To Disconnect Is Now Considered A Luxury, And These Startups Are Cashing In

In our hyperconnected world, having the ability to fully disconnect has become something of a luxury, Business Insider says, and a handful of startups are cashing in.

Benzinga

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Trump Needs 2% Inflation To Gain A 2026 Edge — And One Contrarian Trade Could Surge

If consumer prices drop to 2% next year, President Donald Trump could be headed for a political and market win, according to Bank of America strategist Michael Hartnett—who says a little-followed bond trade could thrive in the process.

Benzinga

DoorDash Shares Rebound As Needham Calls Sell-Off A Buying Opportunity

DoorDash Inc (NASDAQ:DASH) shares are trading higher Friday morning after Needham reiterated a Buy rating on the stock, arguing that the market's reaction to the company’s recent earnings report was excessive.

Benzinga

Start-Up Entrepreneurs And Investors Can Get 'Premium Residency' In Saudi Arabia

You could qualify for residency in Saudi Arabia if you're a start-up entrepreneur, investor, or real estate owner, according to the government's website. The Premium Residency visa allows holders to live and work in the kingdom, and own property without a sponsor.

Benzinga

What's Going On With Rocket Lab Stock Today?

Rocket Lab Corp (NASDAQ:RKLB) confirmed a major milestone on Thursday as two NASA-backed spacecraft began their long trek toward Mars.

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Bit Digital Stock Slides As Crypto Markets Unravel

Bit Digital, Inc. (NASDAQ:BTBT) posted third-quarter 2025 results that exceeded revenue expectations, though shares slipped following the release. The company continued its pivot toward Ethereum-focused operations, supported by strong gains in digital assets and growing cloud and staking revenue.

Benzinga

Did The UAE Just Ban Bitcoin? No — But What They Did Might Be Even Worse

Bitcoin (CRYPTO: BTC) remains legal in the UAE, but sweeping rules that took effect on Sep. 16 now force licenses on nearly every crypto tool, creating one of the world's toughest self-custody crackdowns.

Benzinga

99-Year-Old Billionaire Charlie Munger Laid Out 7 Ways To 'Guarantee a Life of Misery' — And None Had Anything To Do With Money

Charlie Munger didn't leave behind a farewell letter, but he didn't need to. The Berkshire Hathaway vice chairman — Warren Buffett's sharp-witted partner for more than four decades — built a legacy out of common sense and clear thinking. Munger, who died in 2023 at age 99, reminded people that…

Benzinga

'Who You Spend Your Time With Shapes Everything' — Investor Kevin O'Leary Warns Harvard Students Against Surrounding Themselves With Mediocrity

"Shark Tank" investor Kevin O'Leary issued a scathing critique of the consulting industry, calling it a "waste of a soul and a life" for graduates of elite institutions like Harvard University.

Benzinga

Nasdaq Dips Over 300 Points; Applied Materials Posts Upbeat Q4 Earnings

U.S. stocks traded lower this morning, with the Nasdaq Composite falling more than 200 points on Friday.

Benzinga

Merck Makes Big Bet On Flu Protection With Cidara Buyout

Merck Co. Inc. (NYSE:MRK) on Friday agreed to acquire Cidara Therapeutics, Inc. (NASDAQ:CDTX) for $221.50 per share in cash, for a total transaction value of approximately $9.2 billion.

Benzinga

$30 Billion Wiped Out: Is This Quantum's Dot-Com Moment?

Quantum computing stocks didn't correct — they detonated. IonQ Inc (NYSE:IONQ), Rigetti Computing Inc (NYSE:RGTI), D-Wave Quantum Inc (NYSE:QBTS) and Quantum Computing Inc (NASDAQ:QUBT) have lost more than $30 billion in market value in just weeks, plunging 40–55% from their euphoric mid-October highs.

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