Intel Stock Has Doubled, So Why Is JPMorgan Calling It a Top Short? Intel Corp’s (NASDAQ:INTC) turnaround has become one of Wall Street’s favorite semiconductor trades. Benzinga · Jul 10
Trump's 250-Foot Triumphal Arch Clears Key Hurdle Despite Fierce Opposition President Donald Trump’s proposed 250-foot triumphal arch cleared another key hurdle on Thursday after the National Capital Planning Commission approved preliminary site and building plans, moving the project closer to construction near Arlington National Cemetery despite sharp public opposition. Benzinga · Jul 10
Bitcoin, Ethereum, XRP Got Clobbered in Q2: Here's What Will Decide Their Fate in Q3 Bitwise Chief Investment Officer Matt Hougan on Thursday called the second quarter the toughest stretch crypto has faced since the 2022 bear market and warned that the market is pricing a 2022-level bottom. Benzinga · Jul 10
Palantir's Stock Has Bounced 23% Off Its Low— One Research Firm Says That's the Trap: 'We Still Won't Buy It' Despite Palantir Technologies Inc. (NASDAQ:PLTR) rebounding nearly 23% to about $130 following a sharp 40% drawdown from its 2025 peak, financial research firm Rebound Capital is warning investors to avoid the stock. Benzinga · Jul 10
Meta Could Face Billions in Fines as EU Cracks Down on 'Addictive' Facebook and Instagram Features The European Union (EU) has accused Meta Platforms Inc. (NASDAQ:META) of violating its digital laws due to the ‘addictive’ designs of its Instagram and Facebook platforms. Benzinga · Jul 10
Trump Accounts May Boost Kids' Savings— but Experts Say it Could Cost Families Thousands in College Aid President Donald Trump’s newly launched Trump Accounts could affect a student’s eligibility for need-based college financial aid, although the U.S. Department of Education has not yet issued official guidance on how the accounts should be reported on the Free Application for Federal Student Aid, or FAFSA, according to a CNBC… Benzinga · Jul 10
Howard Lutnick Tells Samsung and SK Hynix They Have 'No Choice' but to Build US AI Memory Fabs— and Micron's CEO May Not Be Happy In a direct push to secure America’s artificial intelligence hardware pipeline, U.S. Commerce Secretary Howard Lutnick has publicly pressured South Korean semiconductor giants Samsung Electronics and SK Hynix Inc. (NASDAQ:SKHY) to construct local AI memory fabs. Benzinga · Jul 10
Ken Griffin Tells Bernie Sanders and NYC Mayor Zohran Mamdani to 'Read a Damn History Book' While Warning Wall Street Is Leaving New York Citadel LLC founder and CEO Ken Griffin took aim at Sen. Bernie Sanders (I-Vt.) and New York City Mayor Zohran Mamdani, urging the self-described socialist politicians to “read a damn history book” while arguing that high taxes and poor public services are pushing Wall Street firms out of New York,… Benzinga · Jul 10
Stock Market Today: Dow Jones, S&P 500 Futures Fall as Investors Await SK Hynix Debut and US Reportedly Mulls ‘Technical Talks’ With Iran— PMGC Holdings, WD-40, Netflix In Focus (UPDATED) (Editor’s note: The headline and lede were refreshed; futures and ETFs data were updated.) Benzinga · Jul 10
Could AI Pay Americans $1 Million Each? New Think Tank Forecast Sparks Jim Chanos' SpaceX Jab: 'Seems Reasonable' The AI Futures Project, a non-profit initiative that forecasts the future of artificial intelligence, recently outlined a proposal for a citizen’s dividend by the U.S. government following AI-induced unemployment. Benzinga · Jul 10
Chuck Schumer Slams Trump's Qatari Jet as a 'National Security Nightmare', Vows Legislative Action: 'Not Another Cent...' Sen Chuck Schumer (D-N.Y.) criticized President Donald Trump‘s use of a Qatari-donated jet, labeling it a serious national security threat and a waste of taxpayers’ money. Benzinga · Jul 10
Elizabeth Warren Calls Donald Trump's $1.4 Billion Crypto Earnings 'Corruption,' Says 'Congress Has a Responsibility to Stop It' Sen. Elizabeth Warren (D-Mass.) on Thursday criticized President Donald Trump‘s cryptocurrency earnings after financial disclosures showed he generated at least $1.4 billion from digital asset ventures in 2025. Benzinga · Jul 10
US To Continue ‘Technical Talks’ With Iran Even After Trump Declares Ceasefire ‘Over’ and Questions Tehran’s Intentions: Report The United States will continue talks with Iran and remains committed to finding a resolution, even after the two countries traded strikes this week and President Donald Trump declared their ceasefire "over." Benzinga · Jul 10
Palm Beach Airport Just Became DJT— and the First Thing Eric Trump Did Was Make Sure UPS Didn't Steal the Moment: 'There Was No Way in Hell…' President Donald Trump celebrated a “Very Big Day” on Thursday after Palm Beach International Airport was officially renamed The President Donald J. Trump International Airport — but before the celebrations, Eric Trump made sure Trump Force One secured a piece of history. Benzinga · Jul 10
Benzinga · Jul 10 IRS Refund Deadline Today: Millions Of Americans Could Still Claim COVID-Era Tax Money Before Time Runs Out Millions of Americans may still be eligible for an Internal Revenue Service refund, but they must file a claim by Friday, July 10, according to National Taxpayer Advocate Erin Collins, who warned the relief will not be granted automatically.
Benzinga · Jul 10 Stock Market: Will S&P 500 Open Up or Down Today? The S&P 500 rallied on Thursday as semiconductor stocks rebounded and oil prices eased, but Polymarket traders are betting the benchmark index will open lower on Friday.
Benzinga · Jul 10 Cathie Wood's ARK Says AMD Chips 'Can Already Be More Performant Per Dollar' Than Nvidia Advanced Micro Devices Inc. (NASDAQ:AMD) is positioning itself to challenge Nvidia Corp.‘s (NASDAQ:NVDA) long-standing dominance in the lucrative AI accelerator market.
Benzinga · Jul 10 Morgan Stanley Says AI Productivity Boom Could Keep Interest Rates Above Post-2008 Levels Morgan Stanley (NYSE:MS) said Thursday that artificial intelligence (AI) could keep U.S. interest rates above post-2009 financial crisis levels if the technology boosts productivity without triggering widespread job losses.
Benzinga · Jul 10 Daniel Newman Says Meta Isn't Replacing Nvidia or AMD With In-House AI Chips: 'It is Augmenting…' On Thursday, a top tech analyst said Meta Platforms, Inc.’s (NASDAQ:META) massive AI infrastructure investment underscores its long-term ambitions, arguing the company’s custom chip strategy is designed to expand computing capacity alongside Nvidia Corp (NASDAQ:NVDA) and Advanced Micro Devices, Inc. (NASDAQ:AMD) —not replace them.
Benzinga · Jul 10 Elon Musk Says SpaceX Would Be Worth More Than Earth if It Achieves Its Goals Amid First AI Satellite Reveal Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk says that the commercial space flight giant could potentially become worth more than the entire planet Earth if it can achieve its goals.
Benzinga · Jul 10 Fed Chair Kevin Warsh Bets on AI, Taps Marc Andreessen and Xbox CEO Asha Sharma to Help 'Inform' Future Fed Policy Federal Reserve chair Kevin Warsh has assembled a high-profile group of AI advocates to help evaluate how artificial intelligence could reshape the U.S. economy and influence future monetary policy.
Benzinga · Jul 10 Semiconductor ETFs Draw Record $7.1 Billion as Investors Buy the AI Chip Dip U.S. semiconductor exchange-traded funds attracted a record $7.1 billion in fresh capital on Tuesday as investors aggressively bought the dip in artificial intelligence-linked chip stocks.
Benzinga · Jul 10 Jim Cramer Says SK Hynix Is Worth Buying Ahead of Nasdaq Debut—But Start Small As SK Hynix gears up for its Nasdaq debut through American depositary receipts on Friday, Jim Cramer said the AI memory-chip leader offers compelling long-term potential but cautioned investors to keep their initial exposure limited.
Benzinga · Jul 10 CENTCOM Rejects Iran's Authority Over Strait of Hormuz, Says US Facilitated Transit of 800 Commercial Vessels Since May The U.S. Central Command (CENTCOM) has dismissed Iran’s claim over the Strait of Hormuz, saying that it has facilitated the movement of several ships through the waterway since May this year.
Benzinga · Jul 10 Mark Zuckerberg Posted on Elon Musk's X for the First Time Since 2023 to Promote Meta's Muse AI—MKBHD Explains How to Opt Out On Thursday, Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg returned to X after nearly three years to unveil the company’s latest AI model.