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Amazon Pledges $12 Billion For Louisiana Data Centers, Aims To Create Over 2,000 Jobs - Amazon.com (NASDAQ:AMZN)
Benzinga· 2026-02-24 08:46
Amazon.com Inc. (NASDAQ:AMZN) announced a $12 billion investment in northwest Louisiana on Monday. The investment is earmarked for the development of data centers, which are projected to generate 540 full-time positions and support an additional 1,710 full-time equivalent roles in the community.The investment will be spread across Caddo and Bossier Parishes, stimulating regional economic activity. The data centers will cater to cloud computing technologies, offering job opportunities for electricians, HVAC ...
Home Depot, Whirlpool And 3 Stocks To Watch Heading Into Tuesday - Whirlpool (NYSE:WHR)
Benzinga· 2026-02-24 08:30
With U.S. stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:Check out our premarket coverage herePhoto via Shutterstock ...
Bill Ackman's $1 Billion Question: Can Robinhood Actually Underwrite SpaceX Better Than Top-Tier Hedge Funds? - Robinhood Markets (NASDAQ:HOOD)
Benzinga· 2026-02-24 08:00
Robinhood Markets Inc. (NASDAQ:HOOD) is challenging the traditional venture capital guard with a new $1 billion closed-end fund designed to give everyday investors a seat at the table of private “frontier” giants like SpaceX and Stripe.The Billion-Dollar TestIn a recent sit-down with billionaire investor Bill Ackman, Robinhood CEO Vlad Tenev and Shivani Siroya, Robinhood's Head of Ventures, detailed their plan to disrupt the “greatest longstanding inequity in capital markets today.”The fund, known as Robinh ...
Trump Reportedly Weighing Sweeping Section 232 Tariffs Post IEEPA Setback— Battery, Industrial Chemicals, Telecom Sectors Likely Impacted - Costco Wholesale (NASDAQ:COST), FedEx (NYSE:FDX)
Benzinga· 2026-02-24 07:11
After President Donald Trump's International Emergency Economic Powers Act (IEEPA) tariffs were dealt a setback by the Supreme Court on Friday, the administration is now reportedly weighing fresh national security–based tariffs across multiple industries.Broad Section 232 Tariff PushThe proposed tariffs may impact sectors including large-scale batteries, cast iron, plastic piping, industrial chemicals, and telecommunications equipment. They would be implemented under Section 232 of the Trade Expansion Act o ...
FedEx Sues US Government Over Trump Tariffs After Supreme Court Ruling, Wants A 'Full Refund' - FedEx (NYSE:FDX)
Benzinga· 2026-02-24 05:59
FedEx Corp. (NYSE:FDX) on Monday filed a lawsuit against the U.S. government, seeking to recover tariffs imposed by the Donald Trump administration.Supreme Court Strikes Down TariffsThis move follows a Supreme Court ruling last week that deemed these tariffs, imposed by Trump under the International Emergency Economic Powers Act (IEEPA), illegal.The Supreme Court, in its ruling, said that Trump did not have the power to impose these tariffs as per the law.Trump criticized the court's ruling as "anti-America ...
Wall Street Should Worry More About AI Than Crypto, Says Changpeng Zhao As Anthropic's Latest Announcement Hammers IBM Stock
Benzinga· 2026-02-24 05:33
Binance (CRYPTO: BNB) co-founder Changpeng “CZ” Zhao said that Wall Street should worry more about artificial intelligence than cryptocurrency after shares of International Business Machines Corp (NYSE:IBM) plunged Monday on Anthropic’s claims about its AI advancements.CZ’s Jibe At TradFiCZ wrote in a sarcastic X post,, “Wall Street was worried about crypto… when they should be worried about AI.”The cryptocurrency billionaire poked fun at some traditional finance companies that have long feared or criticize ...
Maye Musk Says 'Elon Was My Grok,' Recalls Him Reading Encyclopedias As A Kid And Knowing 'All The Facts'
Benzinga· 2026-02-24 04:41
Core Insights - Maye Musk humorously referred to her son Elon Musk as an "always-on fact engine" long before AI became mainstream, highlighting his exceptional memory and knowledge from a young age [1][2] Group 1: Personal Background - Elon Musk is recognized as one of the wealthiest individuals globally, with net worth estimates varying significantly; Forbes lists it at approximately $837 billion, while Bloomberg's Billionaire Index estimates it around $664 billion [3] Group 2: Early Aptitude and AI Promotion - Maye Musk shared a document from 1989 showing her son's computer aptitude test results at age 17, emphasizing his early intelligence [4] - She has actively promoted "Grok," a chatbot developed by xAI, Elon Musk's AI company, showcasing its capabilities in animating modeling photos and old images [4]
Trump Dismisses Reports Of Top General's Iran War Concerns, Claims Conflict Would Be 'Easily Won'
Benzinga· 2026-02-24 04:40
Core Viewpoint - President Trump dismissed media reports suggesting that General Daniel Caine opposes military action against Iran, asserting that any conflict would be quickly won if ordered [1][2]. Group 1: Military Stance and Leadership - Trump emphasized that military leaders provide advice, but the ultimate decision on military action rests with the president [3]. - He referred to a military operation called "Midnight Hammer," claiming it successfully targeted Iranian nuclear facilities [3][4]. - Caine, as chairman of the Joint Chiefs of Staff, reportedly warned of risks associated with a potential U.S. operation against Iran, including depleted munitions and possible U.S. casualties [4]. Group 2: Diplomatic Efforts and Consequences - Trump set a 10 to 15-day deadline for Iran to reach a nuclear deal, warning of consequences if negotiations fail [5][6]. - Iran rejected the notion of limited military strikes, asserting its right to self-defense and threatening retaliation against U.S. bases [6][7]. - Diplomatic talks showed limited progress, with both sides remaining divided on key issues, and Iran indicated it would target U.S. assets if attacked [7][8]. Group 3: Regional Implications - The escalating tensions between the U.S. and Iran have increased geopolitical uncertainty and the risk of wider instability in the region [8].
Elon Musk Calls Anthropic Guilty Of Stealing AI Training Data At 'Massive Scale' After Amazon-Backed Company Accuses Chinese Rivals Of Copying
Benzinga· 2026-02-24 04:21
On Monday, xAI CEO Elon Musk escalated his feud after Amazon.com, Inc. (NASDAQ:AMZN) -backed Anthropic accused Chinese firms like DeepSeek of copying its Claude model.Anthropic Alleges ‘Industrial-Scale' AI DistillationAnthropic said that Chinese AI companies, including DeepSeek, Moonshot AI and MiniMax, orchestrated what it described as "industrial-scale" distillation attacks on its Claude model.In a blog post, the company alleged the labs created more than 24,000 fraudulent accounts and generated over 16 ...
Elon Musk's Tesla Sues California DMV Following False Advertising Row Around FSD, Autopilot - Tesla (NASDAQ:TSLA)
Benzinga· 2026-02-24 03:51
Tesla Inc. (NASDAQ:TSLA) is suing the California Department of Motor Vehicles (DMV) after the automaker dropped the "Autopilot" term from its marketing activities amid the false advertising row.Baselessly Labeling Tesla A False Advertiser, Court Filing SaysLawyers representing Elon Musk's EV giant claim that the agency did not prove there was confusion among customers about the technologies' capabilities. "DMV presented no consumer witnesses and instead relied almost entirely on the testimony of a single la ...