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The Latest Breaking News from Nasdaq

Alexandr Wang's Advice To Kids Sparks Backlash — Question Raised If Mark Zuckerberg Made A 'Big Mistake' Paying $14.3 Billion For Meta's New AI Chief

Meta Platforms, Inc.'s (NASDAQ:META) newly appointed Chief AI Officer, Alexandr Wang, has drawn sharp criticism after his advice to young people about "vibe coding" went viral, leaving many questioning Meta CEO Mark Zuckerberg's $14.3 billion investment.

Benzinga

CEOs Everywhere Are Trying To 'Reimagine And Automate Processes,' Says Goldman Sachs Chief, Predicting A Major Wave Of AI-Driven Productivity

Business leaders are reshaping how work gets done as artificial intelligence spreads across global industries, Goldman Sachs Group Inc. (NYSE:GS) CEO David Solomon said.

Benzinga

Stocks Settle Mostly Higher as Government Poised to Reopen

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.68%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.06%. December E-mini S&P futures (ESZ25 ) rose +0.08%, and December E-mini Nasdaq futures...

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'Don't Bet Against Crazy People,' Says Ross Gerber. 'Shorting Palantir Is A Bad Idea'

Ross Gerber is warning investors not to bet against Palantir Technologies Inc. (NASDAQ:PLTR).

Benzinga

Millennials Prefer Coinbase, Gen Z Likes UberEats, Gen X Is Playing Call Of Duty And Baby Boomers Use DoorDash

An annual list of the fastest growing brands from Morning Consult shows consumers love DoorDash Inc (NASDAQ:DASH), artificial intelligence, TikTok and more.

Benzinga

AMD Sees 60% AI Growth Ahead, Turning Up The Heat On Nvidia: Top ETFs To Watch

Semiconductor ETFs are once again in focus after Advanced Micro Devices Inc (NASDAQ:AMD) forecast its data center revenue would increase by 60% over the next three to five years, as the competition between it and Nvidia Corp (NASDAQ:NVDA) for AI dominance steps up a gear.

Benzinga

Netflix House Opens In Philadelphia—And Puts The City In The Frame

Netflix Inc. (NASDAQ:NFLX) on Wednesday opened its first Netflix House in suburban Philadelphia, inviting fans inside immersive, photo-ready sets.

Benzinga

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Sterling Infrastructure Launches $400 Million Share Repurchase Program

Sterling Infrastructure Inc. (NASDAQ:STRL) announced on Wednesday that its board of directors has authorized a new share repurchase program of up to $400 million over the next two years.

Benzinga

Traders Love This Time Of Year For Broadcom — Here's Why It Rarely Fails

Broadcom Inc. (NASDAQ:AVGO) is entering the most lucrative stretch of its trading calendar, and historical data suggest it's a month investors can't afford to ignore.

Benzinga

Microsoft Builds Massive AI 'Super Factory' In Atlanta To Power OpenAI And Elon Musk's xAI

Microsoft Corp (NASDAQ:MSFT) is accelerating its data center expansion with the launch of an artificial intelligence "super factory" in Atlanta—a massive two-story complex designed to link seamlessly with similar hubs across its Fairwater network to deliver enormous computing power.

Benzinga

The Real Reason This Analyst Still Calls Nebius His Favorite Neocloud Player

Nebius Group N.V. (NASDAQ:NBIS) is accelerating its global data center expansion, unveiling plans to more than double capacity by 2026 as surging demand for AI compute drives a dramatic step-change in growth.

Benzinga

Webull Unveils Vega — An AI-Powered Decision Partner Cutting Through The 'Noise'

Webull Corp. (NASDAQ:BULL) unveiled its new AI-powered "decision tool" Vega on Monday. Named after one of the brightest stars in the night sky, Vega evolves with each user and delivers personalized, actionable insights into market movements.

Benzinga

Crude Oil Dips 4%; On Holding Shares Jump After Q3 Earnings

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling more than 150 points on Wednesday.

Benzinga

Dow Targets New Record Highs Amid Mixed Stock Trading

The S&P 500 Index ($SPX ) (SPY ) today is up +0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.85%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.31%. US stock indexes are trading mixed, with the Dow Jones Industrials posting a new...

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Stocks Supported by Government Reopening Optimism and Chip Stock Strength

The S&P 500 Index ($SPX ) (SPY ) today is up +0.31%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.21%. December E-mini S&P futures (ESZ25 ) are up +0.22%, and December E-mini Nasdaq futures...

Benzinga

Elon Musk Says 'It's Time' To Put Dogecoin On The Moon But It Is Not DOGE That Surges

Tesla (NASDAQ:TSLA) CEO Elon Musk has sent the price of a Solana memecoin surging with an X post rekindling a 2021 Dogecoin promise.

Benzinga

SoftBank Swaps Nvidia For OpenAI — Is The Hardware Play Done?

SoftBank (OTCPK:SFTBY) just made one of the boldest trades in the AI era — selling $5.8 billion worth of Nvidia Corp (NASDAQ:NVDA) shares to fund a $22.5 billion commitment to OpenAI. On paper, it looks like Masayoshi Son is ditching the shovel-maker in the middle of a gold rush.

Benzinga

Google To Run Ohio Data Centers On Solar Power From TotalEnergies

TotalEnergies SE (NYSE:TTE) on Wednesday penned a 15-year Power Purchase Agreement (PPA) with Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google.

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Benzinga

Stock Market Today: Nasdaq, Dow Jones, S&P 500 Futures Rise Ahead Of House Vote To Reopen Government— Bill Holdings, AMD, Cisco In Focus (UPDATED)

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

Benzinga

Warren Buffett Takes Veiled Dig At Elon Musk While Criticizing CEO Pay Spiral: 'Envy And Greed Walk Hand In Hand'

In his final annual letter as CEO of Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK), Warren Buffett has highlighted a concerning trend of escalating CEO compensation amid Tesla (NASDAQ:TSLA) CEO Elon Musk‘s revised pay.

Benzinga

Cathie Wood's Ark Invest Says Elon Musk's Starship 'Critical' To Solving AI's Power Bottleneck With Orbital Data Centers

Cathie Wood‘s ARK Invest is highlighting orbital AI data centers as a necessary solution to the artificial intelligence (AI) industry’s immense energy demands, identifying Elon Musk-led SpaceX‘s Starship as the “critical” technology to make it viable.

Benzinga

Jim Cramer Grills CoreWeave CEO Over Data Center Delays Despite $55.6 Billion Backlog

CoreWeave Inc. (NASDAQ:CRWV) CEO Michael Intrator was questioned by CNBC's Jim Cramer on Tuesday regarding data center delays that have impacted the company’s stock, despite reporting a massive $55.6 billion backlog.

Benzinga

AMD 'Money Slides' Impressive, But Analysts See Limited Upside For Stock As Market 'Already Pricing' In The Numbers

Prominent analysts are weighing in on Advanced Micro Devices Inc.’s (NASDAQ:AMD) analyst day on Tuesday, during which the company made bold projections regarding its near-term future and that of the broader AI chip and data center industry.

Benzinga

Don't Copy That Code! The New 'ClickFix' Cyber Attack Can Infect Your Computer In Seconds

A new cyber threat called ClickFix is reportedly spreading rapidly online, using fake emails, websites and search results to trick users into pasting a single line of code that instantly infects their computers.

Benzinga

Mark Zuckerberg's Patience 'Ran Out': Hyperbolic CTO Says Yann LeCun's Meta Exit Was Inevitable After $15 Billion Alexandr Wang Deal

On Tuesday, Hyperbolic co-founder and CTO Yuchen Jin alleged that Yann LeCun's reported decision to leave Meta Platforms Inc. (NASDAQ:META) was inevitable, suggesting that CEO Mark Zuckerberg's bet on Alexandr Wang and a shift in AI leadership left little room for the company's longtime chief scientist.

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