Articles from Benzinga

Payments-focused cryptocurrency XRP (CRYPTO: XRP) surged past $3 for the first time in 7 years on Wednesday in anticipation of a cryptocurrency-friendly SEC under the incoming Donald Trump administration.

Gary Black warns that Elon Musk's potential TikTok acquisition could harm Tesla's stock due to funding requirements, while analyst Dan Ives suggests the deal could align with Musk's relationships with Trump and Beijing.

Scott Bessent, Trump's Treasury Secretary nominee, pledged to uphold the dollar's reserve currency status, emphasizing productive investment, supply chain security, and strategic sanctions to bolster U.S. economic dominance.

Tesla Inc. shares climbed more than 8% Wednesday amid optimistic forecasts from prominent investor Gary Black, who cited multiple growth catalysts for the electric vehicle maker in 2025.

James Howells, who lost the legal bid to retrieve his $800 million Bitcoin (CRYPTO: BTC) fortune, has now turned to Donald Trump for help, expressing hopes for intervention from the U.S. President-elect, according to a Wednesday report.

The U.S. stock market experienced a robust session with the Nasdaq Composite climbing 2.45% to 19,511.23.

Apple is exploring partnerships with Barclays and Synchrony to replace Goldman Sachs as its credit card partner as Goldman scales back its consumer finance ambitions.

Leading cryptocurrencies surged Wednesday amid softer-than-expected consumer inflation and a friendlier regulatory environment under Donald Trump.

In his farewell address from the Oval Office Wednesday night, President Joe Biden raised concerns about an emerging tech oligarchy and social media's impact on American democracy, signaling potential regulatory headwinds for the technology sector.

Hindenburg Research, the influential short-selling firm that rattled global markets with high-profile exposés of companies like Adani Group and Nikola Corp., announced its closure Wednesday after a seven-year run that reshaped modern activist investing.

Steve Jobs famously rejected the first iPod prototype by dropping it into an aquarium to reveal air bubbles, proving there was unused space, and challenging Apple engineers to make the device smaller, ultimately revolutionizing personal electronics.

With a 432% gain over the last year, XRP Token (CRYPTO: XRP) is one of the top gainers among the largest cryptocurrencies.

Group behind failed attempt to legalize recreational cannabis in FL has launched new initiative for 2026 ballot. Allows adult use with limits and restrictions.

President-elect Donald Trump is considering issuing an executive order aimed at rescuing TikTok from being banned from U.S. app stores in four days.

A Warner Bros. Discovery analyst lowers the price target ahead of Q4 financial results. Here are the strengths and weaknesses highlighted by the analyst.

The Department of Transportation and Department of Justice jointly filed a lawsuit on Wednesday against Southwest Airlines for operating "chronically delayed flights" that caused disruptions to passengers.

Oil prices soar on concerns over global supply disruptions, ceasefire in Gaza, and declining US crude inventories. Sanctions on Russia and Iran add to bullish sentiment.

Short-seller Hindenburg Research on Wednesday announced plans to disband the New York-based investment firm.

Israel and Hamas have reached a ceasefire agreement, aiming to halt hostilities and release hostages in Gaza.

BigBear.ai shares are trading higher in Wednesday's after-hours session after the company announced a chief executive transition.

A look at what analysts expect when Taiwan Semiconductor reports Q4 financial results Jan. 16.

WEF's 2025 Global Risks Report highlights geopolitical tensions, climate change, and disinformation as major challenges. ETFs can help investors navigate these risks with defense, clean energy, and cybersecurity funds.

Tesla stock is trading higher on Wednesday amid recent data from Kelley Blue Book, which ranked some of Tesla's electric vehicles among the top of its, "10 Best-Selling EVs in 2024" list.

UnitedHealth shares a quarterly report for the first time since the death of insurance unit leader Brian Thompson. A look at the estimates and key items to watch.

Cryptocurrency markets are surging on Wednesday as financial markets interpreted freshly-released inflation data as a positive sign for equities.

While Archer Aviation's recent fallout may tempt contrarian investors, the statistical backdrop doesn't favor the bulls.

Alphabet has teamed up with The Associated Press to improve real-time information displayed in the company's artificial intelligence app.

Akash Network (CRYPTO: AKT) founder Greg Osuri on Wednesday revealed an unexpected driver behind the increasing adoption of decentralized cloud solutions: a looming energy crisis related to the intensive computing demands of artificial i

Japanese bond yields rise, causing concerns for global markets. Analysts divided on potential crash, but eyes are on Japan as they balance inflation and growth.

The Fed's Beige Book reported moderate economic growth, strong holiday sales, and rising wages, but concerns over immigration and tariff policies loom. Markets showed little reaction.

Stock of Pacific Gas & Electric Co. has been turbulent due to wildfires. Investor Dan Loeb holds 49.7 million shares.

"If we get a tit-for-tat trade war, then kiss global economic growth expectations goodbye," Paradigm Capital's David Davidson says.

IEA revises 2025 global oil demand outlook to 1.05 million barrels per day, citing economic recovery and lower fuel prices. OPEC projects higher growth.