Benzinga News - Passport to Wall Street

Over 7 Million Vehicles Could Face The B... The U.S. auto industry is on the brink of a significant shakeup as a 25% tariff on imported vehicles looms, according to an industry expert....

SoftBank May Want To Outdo Microsoft Wit... ChatGPT parent OpenAI inched closer to finalizing a $40 billion funding round as of Thursday, led by SoftBank Group Corp and investors Magne...

S&P Says US Growth To Slow In 2025, But... A major credit rating firm said Wednesday that the U.S. economy is on track for a marked slowdown in 2025, even as inflation stays stubbornl...

Ontario Premier Doug Ford Supports Retal... Ontario Premier Doug Ford has expressed his support for retaliatory tariffs in response to U.S. President Donald Trump's proposed 25% tariff...

Kohl's To Shut Down 27 Stores In Restruc... Kohl's Corporation (NYSE: KSS) shares are trading lower on Thursday as it announced that it is preparing to close 27 underperforming locatio...

Microsoft Halts Expansion Plans, Yet Ana... Microsoft Corp (NASDAQ: MSFT) has shelved new data center projects in the US and Europe, potentially amounting to 2 gigawatts of electricity...

Trump's 25% Tariff Set To Hike Imported... Following President Donald Trump's latest tariff move, U.S. consumers could be expected to spend up to $15,000 more on an imported vehicle....

Robinhood Expands Into Banking, Will Off... Robinhood Markets Inc. (NASDAQ: HOOD) is transforming its business model by launching an integrated suite of financial services designed to...

US GDP Growth Upwardly Revised In Q4, Tr... Economic data released Thursday morning showed a marginal upward revision to U.S. gross domestic product growth for the fourth quarter of 20...

Walmart Suffers $22 Billion Valuation Dr... Walmart Inc. (NYSE: WMT) has witnessed a massive $22 billion loss in market capitalization following declining consumer confidence data. Wha...

Trump Says He May Give China 'A Little R... President Donald Trump could consider offering tariff relief to China to help finalize a sale of TikTok, as the clock ticks toward a governm...

Elevated Consumer Inflation Expectations... Recent spikes in consumer inflation expectations are threatening to narrow the Federal Reserve's room to maneuver to further reduce interest...

Meta Is Paying 'Way Above Market Rate' F... Meta Platforms Inc (NASDAQ: META) shares came under pressure in 2022 due to cost concerns after the company rebranded from Facebook and laid...

Goldman Sees Streaming Momentum, Summer... Walt Disney Co (NYSE: DIS) suffered a setback with Snow White delivering a disappointing box office performance in its opening weekend. The...

CFOs Increasingly Alarmed Over Tariffs A... The first quarter of 2025 saw a notable decrease in economic optimism among chief financial officers, with the latest CFO Survey pointing to...

Pet Goods Retailer Chewy Reports Better-... Chewy Inc. (NYSE: CHWY) on Wednesday reported a fourth-quarter adjusted EPS of 28 cents, up 55.6% year-over-year, compared to the consensus...

Americans Say They Pay Too Much For Stre... More media companies and legacy linear network owners are launching streaming platforms, adding to the market more options for consumers tha...

KB Home Saw 'Meaningful Improvement' In... Shares of KB Home (NYSE: KBH) were rising in early trading on Wednesday, after tanking in the previous session on the company's downbeat fis...

Trump Hints At More 'Lenient' Stance On... President Donald Trump has suggested that the tariffs due to be implemented in April may be less severe than initially expected, allaying in...

US Adds 50 Chinese Entities To Export Re... The Trump Administration announced on Tuesday that it has added more than 50 Chinese organizations to an export restriction list in an effor...