Benzinga News

Booming Jobs: Economy Adds 162,000 Payro... The U.S. economy created 162,000 jobs in August, sharply beating estimates of 56,000 and pointing to strengthening labor market conditions....

Alibaba Cloud Expands Into Brazil With N... Alibaba Group Holding Limited's (NYSE: BABA) cloud business is expanding deeper into Latin America as the company builds out artificial inte...

After Meta Went 'AI Native,' Outages Ros... Meta Platforms Inc.'s (NASDAQ: META) plan to reshape its workforce around artificial intelligence has run into real trouble, from staff revo...

Tesla Stock's Next Move Hinges on Cyberc... Tesla Inc. (NASDAQ: TSLA) shares jumped Thursday as traders positioned ahead of the company's highly anticipated Cybercab event this evening...

Michael Dell's Wealth Surges Past $100B... Shares of Dell Technologies (NYSE: DELL) are trading higher Thursday and hit new all-time highs thanks to strong second-quarter financial re...

State Street's $2.5B Bet Turns Endowment... State Street Investment Management is bringing a strategy built for university endowments to everyday investors, and it is doing so with a r...

Broadcom Q2 AI Revenue Grows Over 200%,... Shares of Broadcom Inc (NASDAQ: AVGO) tanked in early trading on Thursday, despite the company reporting upbeat fiscal third-quarter results...

Fed’s Waller Favors Holding Rates in Sep... Federal Reserve Governor Christopher Waller said Thursday he is prepared to leave the federal funds rate where it is when policymakers meet...

Snowflake Stock Nears All-Time Highs, An... Snowflake Inc (NYSE: SNOW) analysts highlight the company's second-quarter financial results and guidance and see the stock trading higher,...

Microsoft Consolidates Business Into Two... Microsoft Corp. (NASDAQ: MSFT) stock climbed nearly 3% on Thursday as investors digested the company's sweeping AI-driven reporting overhaul...

Microsoft, Amazon, Google Circle $50B Ch... Moonshot AI has confidentially filed for a Hong Kong IPO that could raise about $3 billion, Reuters reported Thursday, citing people familia...

AI Coming for SaaS? Snowflake CEO Says D... Artificial intelligence is reshaping enterprise software and Snowflake Inc. (NYSE: SNOW) CEO Sridhar Ramaswamy believes the shift could make...

Analyst Sees a Google-Like AI Moment Bre... Meta Platforms Inc. (NASDAQ: META) remains in focus after an $18 billion social media settlement removed a major legal overhang, while analy...

Victoria’s Secret Warns Margin Gains Wil... Victoria's Secret & Co. (NYSE: VSXY) stock fell Thursday after the company reported mixed second-quarter results and issued full-year sales...

Fed’s Goolsbee Warns AI Data Center Boom... Federal Reserve Bank of Chicago's President and CEO Austan Goolsbee said the U.S. economy remains stable, but the focus is on inflation whil...

Trump Says US Has 'Total Control' of Str... President Donald Trump recently claimed the U.S. has "total control" over the Strait of Hormuz, but shipping data suggests commercial traffi...

NVIDIA Buys Hugging Face, the Heart of O... NVIDIA Corp. (NASDAQ: NVDA) said Thursday it agreed to acquire Hugging Face for $12.93 billion, bringing one of the world's largest open art...

Elon Musk Touts a ‘Storm’ of Tesla Cyber... Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk has backed the Cybercab ahead of its launch event in Austin, Texas, as the EV maker looks to expand...

Snowflake's AI Business Is Booming, But... Snowflake Inc.'s (NASDAQ: SNOW) artificial intelligence business helped fuel a third straight quarter of accelerating revenue growth, while...

California Just Hit a Cannabis Tax Miles... Gov. Gavin Newsom (D-Calif) said the state's regulated cannabis industry has generated nearly $8.4 billion in tax revenue since legal sales...

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