DARK SECRETS: 46 | Rare Historical Photos

SMCX Pops 50% As Super Micro Shocks Wall Street With AI Margin Windfall

The Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) surged nearly 50% Wednesday, delivering roughly twice the gains of its underlying stock as traders piled into Super Micro Computer Inc. (NASDAQ:SMCI) following a blockbuster preliminary fourth-quarter update.

Benzinga · Jul 22

Stock Market Today: Nasdaq 100 Falls as Crude Rallies to $88

U.S. stocks traded in split fashion by midday Wednesday, with a resilient Dow and S&P 500 masking softer breadth as rising oil prices and fresh tariffs kept a lid on risk appetite ahead of the first “Magnificent Seven” earnings of the season.

Benzinga · Jul 22

Tesla Q2: The Delivery Jump Was Nice — But Did Any Profit Show Up?

Tesla Inc. (NASDAQ:TSLA) just proved it can ship a mountain of cars again — now the issue is whether much profit came along for the ride.

Benzinga · Jul 22

Rand Paul Slams $1.5 Trillion Pentagon Ask: The Biggest Threat to America Isn't Iran, It's the Debt

Sen. Rand Paul (R-Ky.) says the biggest threat to America’s national security isn’t Iran. It’s the nearly $40 trillion the country owes.

Benzinga · Jul 22

France Just Took on TikTok, Facebook, Instagram and X With Europe’s Toughest Social Media Ban for Kids

France became the first European Union country to approve a blanket social media ban for children under 15 on Tuesday, as lawmakers moved to curb young users’ exposure to addictive design and harmful content.

Benzinga · Jul 22

Zelenskyy Appoints New Ukraine Military Chief as Protests Grow and Russia Strikes Key Energy Facility

Ukraine’s President Volodymyr Zelenskyy has appointed Major General Mykhailo Drapatyi as the new commander-in-chief of the country’s military, amid ongoing street protests in the country.

Benzinga · Jul 22

Gavin Newsom Fires Back as Trump Officials Halt More Than $1 Billion in Medicaid Payments to California, Minnesota Over Suspected Billing Scams: 'Being Targeted for Political Reasons...'

The Trump administration paused more than $1 billion in federal Medicaid payments to California and Minnesota on Tuesday, citing "suspected fraud and noncompliance," as Gov. Gavin Newsom (D-Calif.) accused Washington of targeting California "for political reasons."

Benzinga · Jul 22

IRS Chief Frank Bisignano Fires Back After WSJ Spying Report, Says He 'Wouldn't Even Know How' to Access Confidential Files: 'None of It's True...'

Internal Revenue Service Chief Executive Officer Frank Bisignano on Tuesday denied allegations that he secretly surveilled fellow executives while serving as co-chief operating officer at JPMorgan Chase (NYSE:JPM), calling the claims “completely false” during an interview on CNBC’s Squawk on the Street.

Benzinga · Jul 22

'Canada Was Just the First One To Find That Out': Top Economist Warns Trump's Tariffs Are a Global Trade War Test Case

President Donald Trump’s sudden move to slap a 50% tariff on Canadian goods is less about the northern neighbor and more a stark warning to the globe. Economist Justin Wolfers argues the tariffs serve as a test case ahead of a broader global trade war.

Benzinga · Jul 22

After Argentina, Pakistan Reportedly Seeks $10 Billion US Backstop Facility to Bolster Fragile Economy

In a bid to strengthen its economy, Pakistan has reportedly sought a $10 billion exchange stabilization facility from the United States.

Benzinga · Jul 22