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THE TRUTH ABOUT: 11 | History Defined

SK Hynix, Samsung Stocks Rally as Singapore State Fund Adds Stakes on Memory Giants

A sovereign wealth fund may be preparing to buy two memory stocks, and Wall Street immediately treated it as a sector-wide signal.

Benzinga

Tesla, Palantir Fall as CPI Sends September Fed Hike Odds to 33%

Tesla Inc. (NASDAQ:TSLA) and Palantir Technologies Inc. (NASDAQ:PLTR) fell Wednesday even as a benign July inflation report lifted the broader tech market and sent the odds of a September Federal Reserve rate hike to 33%.

Benzinga

Walmart Could Return to Its Beat-And-Raise Playbook This Quarter, Analyst Says

Walmart Inc. (NASDAQ:WMT) is scheduled to release its fiscal 2027 second-quarter earnings results on Aug. 20 before the market opens, with Bank of America Securities analyst Christopher Nardone expecting the retail giant could return to a beat-and-raise cycle despite signs of softer spending among lower-income consumers.

Benzinga

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SpaceX Stock Surges Past $135 IPO Price: What's Going On?

Space Exploration Technologies Corp (NASDAQ:SPCX) shares are trading higher on Wednesday. CEO Elon Musk told employees the company’s Starlink service has passed 13 million consumer subscribers and 22 million monthly Starlink Mobile users.

Benzinga

Stock Market Today: Nasdaq 100 Rises on Strong AI Earnings, Benign Inflation

A wall of blowout artificial intelligence infrastructure earnings pushed semiconductor and optical networking stocks sharply higher on Wednesday, dragging the Nasdaq 100 higher.

Benzinga

A Small-Cap Comeback Story: Middle-Market Investor With Checkered Past Hits New 52-Week High. Time to Buy?

Compass Diversified Holdings (CODI) shares hit a new 52-week high yesterday despite a fraud scandal from one of its investments. Armed with a renegotiated management fee agreement that cuts costs, it’s worth digging into for value-focused contrarian investors.

Barchart

Cerebras Earnings Prediction Market Preview: What Will Andrew Feldman Say?

Cerebras Systems Inc. (NASDAQ:CBRS) reports second-quarter earnings after the bell today, its second report as a public company.

Benzinga

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Nebius Jumps 20% Days After Michael Burry Said His AI Shorts Were Like ‘Shooting Fish in a Barrel’

Nebius Group N.V. (NASDAQ:NBIS) shares jumped over 20% Wednesday, days after Michael Burry disclosed a short position, as the AI infrastructure company said the expected payback period on its latest deals had fallen below two years.

Benzinga

CoreWeave Is Making Old Nvidia Chips Look New Again

Wall Street’s AI conversation has become fixated on Nvidia Corp‘s (NASDAQ:NVDA) newest chips. CoreWeave, Inc. (NASDAQ:CRWV), however, used its second quarter earnings call to make a different point: older GPUs may have far more earning power than investors think.

Benzinga

Elon Musk Says AI Will Be SpaceX's Biggest Business by September: Does the Math Check Out?

SpaceX (NASDAQ:SPCX) CEO Elon Musk says artificial intelligence will overtake everything else the company sells as soon as next month.

Benzinga

Tesla's Robotaxi Reality Check: Time to Deliver

Tesla's thin auto margins and negative free cash flow are pressuring its stock as investors await Robotaxi deployment data to justify its 300x earnings multiple.

MarketBeat

Stocks Trading Higher on Favorable CPI Report and Positive AI News

The S&P 500 Index ($SPX ) (SPY ) is up +0.45%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.00%. September E-mini S&P futures (ESU26 ) are up +0.99%, and September E-mini Nasdaq futures (NQU26...

Barchart

Why US stocks are rising: Nasdaq leads Wall Street higher as AI stocks rally, inflation supports Fed pause

US stock markets rallied on Wednesday, with the Nasdaq taking the lead in gains. Encouraging earnings reports from AI infrastructure companies provided a notable boost to technology stocks. Inflation data matched expectations, fostering confidence that the Federal Reserve may opt to maintain current interest rates. Meanwhile, the fluctuating situation in…

The Economic Times

Bernie Sanders Calls Out Sergey Brin for Spending $100 Million to Defeat California’s Billionaire Tax as Google Co-Founder’s Fortune Soars

Sen. Bernie Sanders (I-Vt) criticized Alphabet‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google co-founder Sergey Brin for his efforts to oppose California’s proposed billionaire tax, highlighting the wealth he amassed since President Donald Trump‘s election.

Benzinga

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Benzinga

Exclusive: Scott Bessent Says K-Shaped Economy Is Over, but Wall Street Veteran Says Wealth Divide Is Worsening: ‘50% of Americans Own No Stocks and Are Getting Left Behind’

Treasury Secretary Scott Bessent recently declared the “K-shaped” economic divide dead, but market experts argue the wealth gap is actually accelerating, prompting Wall Street veteran Louis Navellier to advise Americans to “bet on a billionaire” to survive the enduring financial split.

Benzinga

Michael Burry Calls Nvidia’s $500 Billion AI Financing Push a ‘Wall Street Stunt’: ‘Meet the New Boss…'

Famed investor Michael Burry has targeted Nvidia Corp.’s (NASDAQ:NVDA) push to unlock over $500 billion in artificial intelligence infrastructure financing, calling the initiative a “Wall Street stunt” that relies on opaque private credit arrangements.

Benzinga

Stock Market Today: S&P 500, Dow,Nasdaq 100 Futures Gain as July CPI Comes In-Line With Expectations—CoreWeave, Nebius, Super Micro, Lumentum in Focus (UPDATED)

U.S. stock futures were higher on Wednesday, as the Dow Jones, Nasdaq 100 and S&P 500 indices rose, following Tuesday’s lower close.

Benzinga

Elon Musk Could Score $824 Billion Payday in Tesla-SpaceX Merger—Ross Gerber Says ‘Fantastical Abundance!’

Investor Ross Gerber has weighed in on a clause inside Elon Musk‘s Tesla Inc. (NASDAQ:TSLA) compensation package that could grant him a windfall worth hundreds of billions of dollars if the EV giant merges with or is taken over by an enterprise like Space Exploration Technologies Corp. (NASDAQ:SPCX).

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Benzinga

Elon Musk Makes Bold Promise on Flying Cars: ‘You Will Get...’

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk revived speculation about the company’s long-delayed Roadster on Wednesday with a promise about a technology that has remained elusive for a long time, hinting that flying cars are on the horizon.

Benzinga

Elon Musk Wants Moon Travel to Become Something ‘Anyone’ Can Do as Starship Targets 100-Ton Deliveries to the Lunar Surface

Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk says he wants Moon travel to become accessible to "anyone" as the company’s Starship architecture is designed to deliver up to 100 tons of cargo directly to the lunar surface with on-orbit refueling.

Benzinga

Elizabeth Warren Probes 'Cartoonish Corruption' After Accusing Belgium Diamond Industry of Gifting Trump a Diamond-Encrusted Ring

Senator Elizabeth Warren (D-Mass) on Tuesday accused Belgium’s diamond industry of buying favor with President Donald Trump, citing a $1 million gold ring and a tariff exemption that followed weeks later.

Benzinga

Stock Market: Will S&P 500 Open Up or Down Today?

U.S. stock futures are showing modest gains early Wednesday, as investors digest a mix of robust corporate earnings against the backdrop of an intensifying geopolitical impasse in the Middle East and an expected read on U.S. inflation.

Benzinga

CoreWeave Stock Surges Over 18% After Earnings, Analyst Says Old Nvidia GPUs Can 'Still Generate Revenue Nearly a Decade Later' (UPDATED)

Editor’s Note: The story has been refreshed with the latest market price action and a revised headline.

Benzinga

Nebius Earnings Preview: Michael Burry Is Short but Prediction Markets See Nvidia, Meta Taking Center Stage

Michael Burry is short Nebius Group N.V. (NASDAQ:NBIS) at $211.77, describing his latest bearish bets as “a bit like shooting fish in a barrel.”

Barchart

Stocks Settle Lower Ahead of Wednesday’s CPI Report

The S&P 500 Index ($SPX ) (SPY ) closed down -0.32% on Tuesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.33%. September E-mini S&P futures (ESU26 ) fell -0.35%, and September E-mini Nasdaq futures...

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