Emails from Nvidia Corp (NASDAQ:NVDA) staff indicate that Tesla Inc (NASDAQ:TSLA) CEO Elon Musk redirected 12,000 H100 GPUs initially allocated for the car company to X, his social media company. The move reportedly pushes back Tesla’s supercomputer development. What Happened:…
On Monday, Airplane maker Boeing Co (NYSE:BA) shares are trading higher after a Reuters report that said its executives are unlikely to face criminal charges over the fatal crashes in 2018 and 2019 that resulted in the deaths of 346…
Nobel Prize-winning economist Paul Krugman has consistently expressed optimism about cooling inflationary pressures. His recent declaration that the “inflation bump is over” was quickly followed by positive Personal Consumption Expenditure (PCE) data. What Happened: In a post on X Thursday…
Robinhood Inc. (NASDAQ:HOOD) announced the launch of its Crypto Trading API, a tool aimed at experienced crypto traders in the United States. What Happened: This API allows users to programmatically access Robinhood Crypto’s features, potentially enhancing their trading experience. By…
Video game retailer GameStop Corporation (NYSE:GME) continues to trend Tuesday, weeks after the return of Roaring Kitty on social media drew increased interest in the stock. What Happened: Shares of GameStop fell after the retailer announced preliminary first-quarter financial results…
In Benzinga’s recent Sports Betting, Gaming & Esports: A Deep Dive virtual event, Chad Beynon, head of U.S. research and sell-side equity analyst at Macquarie, discussed how in-play betting is transforming the sports betting industry. Beynon explored how this real-time…
Netflix Inc. (NASDAQ:NFLX) is gearing up for a game-changing move that could significantly boost its subscriber base and ad revenue: the acquisition of rights to NFL games on Christmas Day from 2024 to 2026. This bold step, coupled with the…
Eli Lilly And Co (NYSE:LLY) has reportedly reached a settlement agreement with a medi spa that sold counterfeit versions of its popular diabetes drug Mounjaro and weight loss treatment Zepbound, which contains tirzepatide. As part of the deal, Totality Medispa will pay Lilly a…
By Chuck Mikolajczak NEW YORK (Reuters) - U.S. stocks ended higher to kick off the trading week on Monday, buoyed by gains in financial and technology shares as investors awaited the next round of quarterly results this week as earnings…
By Lisa Baertlein (Reuters) -A threatened U.S. strike at United Parcel Service could be "one of the costliest in at least a century," topping $7 billion for a 10-day work stoppage, a think tank specializing in the economic impact of…