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RARE PHOTOS: 61 | Rare Historical Photos

California's $21B Wildfire Fund Faces Existential Test As Edison Liability Looms: 'Claims May Be Substantial Enough To Fully Exhaust The Fund'

California's $21 billion wildfire insurance fund, created to protect ratepayers and keep investor-owned utilities solvent, could be on the verge of depletion if Southern California Edison, which is owned by Edison International (NYSE:EIX), is found liable for the devastating Eaton Fire in early 2025.

Benzinga

VerifyMe Rockets 82% After Hours: What Drove the Gain?

VerifyMe Inc. (NASDAQ:VRME) experienced a 82.16% surge in after-hours trading on Wednesday, following business development news.

Benzinga

Stocks Rise Ahead Of Fed Meeting, Oil Jumps To $70: What's Moving Markets Wednesday?

U.S. stocks inched higher midday Wednesday, as investors digested upbeat economic data while keeping an optimistic tone ahead of the Federal Reserve's policy decision and a wave of key tech earnings due after the bell.

Benzinga

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New York Times Gets New AI Partner For $20-$25 Million

Amazon.com (NASDAQ:AMZN) has agreed to pay The New York Times (NYSE:NYT) between $20 million and $25 million annually under a multiyear content licensing deal, according to people familiar with the terms.

Benzinga

Vertiv, Spotify, Wynn Resorts And A Real Estate Stock: CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Hightower Advisors’ Stephanie Link said Vertiv Holdings Co (NYSE:VRT) is expected to report a great quarter on Wednesday, July 30.

Benzinga

Jack Dorsey's Bluetooth Messaging App Bitchat Hits App Store Top 200

Block Inc. (NYSE:XYZ) co-founder Jack Dorsey announced on Tuesday that his decentralized messaging app Bitchat has cracked Apple Inc.‘s App Store’s top 200 free apps, ranking at position 186 in the Business category.

Benzinga

FIS, Circle Team Up To Enable Stablecoin Transactions For Financial Institutions

Fidelity National Information Services Inc. (NYSE:FIS) has teamed up with Circle Internet Group Inc. (NYSE:CRCL) to facilitate the use of stablecoins by financial institutions.

Benzinga

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Warren Buffett's Berkshire Now Earns $138 Every Second—How Decades-Old Bets On Apple, Coca-Cola, Chevron Are Paying Off Big In 2025

Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) has been quietly amassing a staggering $4.37 billion in annual dividend income, translating to a whopping $138.63 every second, without selling a single share.

Benzinga

Stock Of The Day: Support For Deckers Outdoor?

Deckers Outdoor Corporation (NYSE:DECK) is trading sideways on Tuesday. The stock opened higher on Friday after beating earning's estimates. But a selloff followed.

Benzinga

Bausch Health Adds Late-Stage Ready Alcohol Liver Disease Drug Candidate In $63 Million DURECT Buyout

Bausch Health Companies Inc. (NYSE:BHC) on Tuesday agreed to indirectly acquire DURECT Corp (NASDAQ:DRRX), including a novel therapeutic molecule, larsucosterol.

Benzinga

Kevin O'Leary Says The 'Tariff Drama' Is Settling And The Market's Calming Because Trump 'Found The Loophole'

Investor Kevin O’Leary, better known as “Mr. Wonderful” from the “Shark Tank” TV show, believes the U.S. market is stabilizing despite recent trade tensions because President Donald Trump has figured out a workaround on tariffs.

Benzinga

Warren Buffett Has 56% Of His $258 Billion Portfolio's Value Exposed To AI: Here Are The 5 Stocks That Are Leveraging AI Within Berkshire's Holdings

The ‘Oracle of Omaha’ — Warren Buffett is not invested in any pure-play artificial intelligence (AI) companies, but he holds these five stocks via Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK), which leverage AI in their businesses on scale.

Benzinga

Drug Prices To Get 'More Expensive' Under Trump's EU Trade Deal As Pharma Faces Billions In Added Costs: Report

The pharmaceutical industry could face a significant financial hit due to the new trade deal between the U.S. and the European Union (EU), potentially leading to increased drug prices and restricted access.

Benzinga

Anthony Scaramucci Says It'll Be A 'Big Deal' If Jamie Dimon-Led JPMorgan Allows Lending Against Bitcoin

Anthony Scaramucci, the founder of SkyBridge Capital, said Monday that JPMorgan Chase Co.’s (NYSE:JPM) reported plan to allow clients to borrow against their Bitcoin (CRYPTO: BTC) holdings has the potential to change the financial dynamics of the leading cryptocurrency.

Benzinga

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Benzinga

Is Lululemon Headed For Its Nike Moment?

Lululemon Athletica Inc (NASDAQ:LULU) is deep in the investor penalty box, but some are wondering if it's setting up for a Nike Inc-style (NYSE:NKE) comeback.

Benzinga

WeRide Secures Historic Robotaxi Permit In Saudi Arabia

WeRide Inc. (NYSE:WRD), a global autonomous driving technology company, has become the first to receive a permit to operate driverless taxis in Saudi Arabia. The milestone allows the company to scale commercial deployment of its Robotaxi services across the Kingdom, beginning with a pilot program in Riyadh.

Benzinga

RWE Taps Infosys To Revamp Workplace Tech, Boost Efficiency

Infosys Ltd. (NYSE:INFY) and German energy leader RWE have strengthened their partnership to revamp RWE's workplace technology. The goal is to boost efficiency and align with sustainability goals. This latest initiative underscores the growing importance of digital modernization across legacy industries.

Benzinga

Trump Tariff Worries Drive Middle-Income Americans To Rush Car Buys: Report

As the uncertainty surrounding Trump tariffs and other policy changes in Washington continues, middle-income Americans are accelerating their car-buying plans, a new survey reveals.

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Benzinga

Alibaba Cloud Pioneer Says He Doesn't Like AGI, ASI Classifications: 'It Just Means You Get More Capability. That's It'

Alibaba Group Holdings (NYSE:BABA) Cloud pioneer Wang Jian has pushed back against the buzz around artificial general intelligence (AGI) and artificial superintelligence (ASI), arguing that such labels oversimplify the nuanced growth of AI systems.

Benzinga

Massive Allianz Life Hack Exposes 'Majority' Of 1.4 Million American Customer, Employee Records

In a recent cyberattack, Allianz Life, part of Allianz SE group (OTC:ALIZF), has confirmed that the personal data of most of its customers, financial professionals and employees has been stolen.

Benzinga

Citi Strata Elite Credit Card Launched To Attract Affluent Customers: Here's How It Stacks Up Against Amex Platinum, JPMorgan Chase Sapphire Reserve

Citigroup Inc.‘s (NYSE:C) new Strata Elite credit card will be launched on Monday, which will be competing against JPMorgan Chase Co.‘s (NYSE:JPM) Chase Sapphire Reserve and American Express Co.‘s (NYSE:AXP) Platinum cards.

Benzinga

Elon Musk Confirms Tesla As the Mystery Big-Tech That Signed $16.5 Billion Chip Contract With Samsung: 'I Will Walk The Line Personally' To Boost Progress (UPDATED)

Editor’s Note: This story has been updated to include the latest developments

Benzinga

Trump's $550 Billion Japan Trade Deal Could Benefit Taiwanese Chip Giants Like TSMC's US Expansion—If It Aligns With Tokyo's Interests

On Saturday, Japan's top trade official said the country's new $550 billion investment package with the U.S. could help finance Taiwanese chipmakers like Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) as they build semiconductor plants in America.

Benzinga

Benzinga Bulls And Bears: T-Mobile, LendingTree, Molina Healthcare — And Trade Deal Optimism Boosts Markets

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

Benzinga

Trump's $151 Billion 'Golden Dome' Shield Program Will Soon Open Bidding For Defense Tech Giants, Startups: Report

The Donald Trump administration is preparing to launch one of the most expensive defense initiatives in U.S. history, kicking off a $151 billion procurement drive for its "Golden Dome" missile shield.

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