Visa is launching new technology to improve e-commerce, using secure tokens to share customer data. CEO highlights benefits at tech conference.
Hedge funds increased holdings in AI companies like Nvidia, Amazon, Meta, and Microsoft while reducing positions in other sectors. Analysts predict huge revenue from Nvidia's new GPUs.
Apple's latest iPad Pro, with its thin design, has been the subject of discussion in the tech community since its launch earlier in May.
Google has introduced a new AI-powered "theft prevention lock" for Android smartphones that detects theft-like motions and automatically locks the device to protect sensitive data.
Samsung's new "UnCrush" ad, designed to counter Apple's controversial "Crush" ad, has faced criticism for missing the concerns about AI's impact on creativity, similar to the backlash against Apple's original campaign.
With the launch of the new iPhone 14, tech giant Apple (NASDAQ: AAPL) launched iOS 16 for public for all iOS 16 eligible devices. The update is available in all countries across all eligible devices. This new operating system has some features that are not only useful but also fun to use.
The old adage for media companies is “content is king,” and the world of streaming platforms has put sports media rights in focus. Live sports continue to generate huge viewership and command premium advertising dollars, but one league was rejected by a major streaming platform.
A majority of Benzinga readers, 63.5%, expect the S&P 500 to hit a new low in September, according to a recent survey. More than 36% say it won't.
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Apple, Microsoft, Google, Amazon and Meta shedded nearly $500 billion in combined market cap during Tuesday's selloff.
Apple, Inc (NASDAQ: AAPL) plunged almost 6% on Tuesday, leading the markets lower. Big tech was hit hard, causing the S&P 500 to close down 4.32%, the largest single day decline since June 11, 2020, shortly after the COVID-19 pandemic gripped the globe.
Some virtual reality developers complained against Meta Platforms Inc (NASDAQ: META) of overly strict requirements and high bar to get programs into its app store,
Reuters
Less than three days after Queen Elizabeth II's death, a famous politician likened a member of Congress to the legendary head of the royal family. But was that comparison made too soon?
The CNN Money Fear and Greed index moved back to the "fear" zone after the U.S. stocks recorded sharp losses on Tuesday. According to data from the U.S. Bureau of Labor Statistics, the headline CPI rose 8.3% in August, down from 8.5% in July. The August CPI reading came in above average economist estimates of 8%.
U.S. stocks closed sharply lower with the Nasdaq Composite dipping more than 5% on Tuesday. Here is the list of some big stocks moving lower in the previous session.
U.S.
U.S. stocks closed sharply lower on Tuesday, following the release of inflation data for August. All three major indices recorded sharp losses, snapping four-session winning streaks and also recording their biggest single-session percentage declines since June 2020.
Gainers Akero Therapeutics, Inc. (NASDAQ: AKRO) shares jumped 136.8% to settle at $29.05 on Tuesday after the company's Phase 2b HARMONY study met its primary endpoint for both the 50mg and 28mg EFX dose groups.
Apple Inc. (NASDAQ: AAPL) is likely to be the first company to use an updated version of Taiwan Semiconductor Manufacturing Co.
President Joe Biden said the stock market is not reflective of the state of the economy in comments made after casting his vote at a local polling station in Delaware.
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Gainers NeuroBo Pharmaceuticals, Inc. (NASDAQ: NRBO) jumped 186% to $47.69 as the stock started trading on a 1-for-30 reverse split basis.
Someone with a lot of money to spend has taken a bullish stance on Apple (NASDAQ:AAPL). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Apple Inc (NASDAQ: AAPL) shares are trading lower by 3.33% to $157.98 Tuesday in sympathy with the broader market after August CPI readings showed inflation came in greater than expected. This has caused economic concerns and has raised expectations for more aggressive Fed policy.
Meta Platforms Inc (NASDAQ: META) is forcing its rivals to reveal some of their most closely held secrets to defend itself from the federal government,
Alphabet Inc.’s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google is considering moving the assembly of one of its flagship phone brands to India — followin
Wall Street Journal
Warner Bros. Discovery Inc.
The CNN Money Fear and Greed index showed an improvement in investor sentiment, after US stocks recorded gains at the start of the week. US inflation data is scheduled for release today, with analysts expecting annual inflation level to ease further during August. Investors also assessed news of Ukraine making some progress against its war with Russia.
U.S. stocks closed higher on Monday with the Nasdaq Composite gaining over 150 points amid a rise in Amazon.com, Inc. (NASDAQ: AMZN) and Apple Inc. (NASDAQ: AAPL) shares.
Shares of electric-vehicle maker Nio surged 18% in Hong Kong on Tuesday morning, following positive analyst coverage, even as domestic stocks opened on a mixed note.
Tom Brady announced his retirement from the National Football League Wednesday after 23 seasons in the league.
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
A whale with a lot of money to spend has taken a noticeably bearish stance on Apple. Looking at options history for Apple (NASDAQ:AAPL) we detected 210 strange trades.
Meta Platforms Inc (NASDAQ: META) touts Instagram Reels as its answer to TikTok.
Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google looks to showcase its secret project dubbed "Minkowski" as a new spinout called Aalyria,
Apple Inc (NASDAQ: AAPL) shares are trading higher Monday following positive commentary from Wedbush analysts regarding demand for the company's new iPhone 14.
Analyst Ming-Chi Kuo
